Search found 1113 matches

by Clever_Username
Fri Jan 18, 2019 9:19 am
Forum: Personal Finance (Not Investing)
Topic: How long until we see negative ER funds?
Replies: 39
Views: 2426

Re: How long until we see negative ER funds?

I'm still not understanding how one can have a negative ER. I'm aware the funds do things like securities lending (when someone else wants to short a stock I think?) to bring in additional income, even to index funds, and thus reduce net expenses. This can really exceed expenses though? Yep. The co...
by Clever_Username
Thu Jan 17, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: How long until we see negative ER funds?
Replies: 39
Views: 2426

Re: How long until we see negative ER funds?

I'm still not understanding how one can have a negative ER. I'm aware the funds do things like securities lending (when someone else wants to short a stock I think?) to bring in additional income, even to index funds, and thus reduce net expenses. This can really exceed expenses though?
by Clever_Username
Thu Jan 17, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: IRS to lower 2018 safe harbor withholding threshold to 85% [2018 only]
Replies: 16
Views: 1854

Re: IRS lowers threshold for avoiding withholding penalty

Why couldn't they have told me that a year ago? I would have withheld more! ;-)

Seriously, thank you for alerting me to this. I haven't read the article but I am guessing it is not guaranteed to apply for CY2019 taxes.
by Clever_Username
Thu Jan 17, 2019 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11624

Re: Why are you NOT buying rental properties?

tomtoms wrote:
Thu Jan 17, 2019 12:00 am
Where do you guys get all of these loser tenants? I know people need a place to live but didn't you do a credit check? eviction history? salary? :oops:
In some places, doing a credit check on a potential tenant is illegal.
by Clever_Username
Wed Jan 16, 2019 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11624

Re: Why are you NOT buying rental properties?

I already have a job. I've been a landlord by accident before (and semi-on-purpose once). I don't need to buy myself another job, or invest my money to put someone else to work at no real gain to me. Side hustle? No thanks. Not that level of work, that I don't know about and don't care to know much ...
by Clever_Username
Wed Jan 16, 2019 8:39 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 823
Views: 40206

Re: John Bogle is dead at 89

This is tragic news. God Bless you, Mr. Bogle.
by Clever_Username
Wed Jan 16, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: When would you stop being a Boglehead?
Replies: 85
Views: 6191

Re: When would you stop being a Boglehead?

If I had a working crystal ball, or if future-me somehow delivers to me an almanac of mutual fund returns for the 21st century (I would also accept a sports almanac if offered), I would use that information accordingly. Dollar amount is mostly immaterial here. If I had $50M in today's dollars someho...
by Clever_Username
Wed Jan 16, 2019 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Why isn't an AA of 75/25 with a SWR 3.75% the standard??
Replies: 62
Views: 6788

Re: Why isn't an AA of 75/25 with a SWR 3.75% the standard??

According to John Bogle you should have your allocation in bonds as your age So a 70yr old has 70% bonds 30% stocks LISTEN TO BOGLE-he is smarter than all of us My understanding is that Bogle suggests this as a starting point, not a commandment. I use age in bonds because I haven't really been thro...
by Clever_Username
Tue Jan 15, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Screwed myself on salary negotiations, how do I get past this?
Replies: 25
Views: 2557

Re: Screwed myself on salary negotiations, how do I get past this?

Dottie57 wrote:
Tue Jan 15, 2019 3:29 pm
Litfury wrote:
Tue Jan 15, 2019 12:53 pm
I would do backflips to take a job I enjoyed for a 10% pay cut. No exaggeration at all. I hate my job.
Me too.
As have I. I went from doing data mining at a well-known tech company to being a teacher. I believe this was more than a 10% drop in pay. No regrets.
by Clever_Username
Tue Jan 15, 2019 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone have entire 401K in bonds?
Replies: 52
Views: 4689

Re: Does anyone have entire 401K in bonds?

Also, can cash in savings or CD, simply be counted as "bonds"? I see some do, but others count as "cash". Well, there aren't asset allocation police that will arrest you if you count cash as bonds, so yeah, go ahead. To me, I have stocks and conservative instruments, the latter category includes bo...
by Clever_Username
Mon Jan 14, 2019 11:29 am
Forum: Investing - Theory, News & General
Topic: Taxable vs Nontaxable retirement savings: is there an ideal ratio?
Replies: 10
Views: 1506

Re: Taxable vs Nontaxable retirement savings: is there an ideal ratio?

My belief has generally been to max out tax-advantaged space first, unless saving for something that those vehicles aren't appropriate for. In my case, I'll max out my 403(b), make any Roth IRA contributions I can make for the year (if any), get my $10K worth of Series I Bonds. Only after that will ...
by Clever_Username
Mon Jan 14, 2019 11:23 am
Forum: Personal Consumer Issues
Topic: golf clubs
Replies: 17
Views: 1357

Re: golf clubs

1. Lessons from a PGA pro to establish consistency (if not already). 2. Get fitted by a pro. IE: Ping, Titleist, etc. 3. Best quality you can afford. 4. Like a great pair of shoes, a set of golf clubs that "fits you" will last for many decades depending on frequency of play. And, help your game. Th...
by Clever_Username
Sun Jan 13, 2019 7:18 pm
Forum: Personal Consumer Issues
Topic: Meanings of probability
Replies: 11
Views: 1274

Re: Meanings of probability

Next time I teach probability, I might send this out to my students.
by Clever_Username
Sun Jan 13, 2019 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: I know market timing is a fool's game but...
Replies: 59
Views: 4686

Re: I know market timing is a fool's game but...

TA, even if this were true, do you think this information is unavailable to, say, the people who move billions for Goldman Sachs?
by Clever_Username
Sun Jan 13, 2019 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone have entire 401K in bonds?
Replies: 52
Views: 4689

Re: Does anyone have entire 401K in bonds?

OP, I have the opposite problem -- because of my tax bracket and state of residence, my taxable account is a municipal bond fund and I rebalance with my employer plan to keep my target bond allocation. The problem is I'm running out of space in my workplace plan for bonds! My tax-advantaged space is...
by Clever_Username
Sun Jan 13, 2019 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: 457 vs 403b
Replies: 120
Views: 7475

Re: 457 vs 403b

This is a very exciting thread, thank you to everyone who has shared. I believe I will be eligible for a 457 in the not-too-distant future (possibly later this calendar year). I believe I will be able to max out my 403(b) (I already do) and the 457. If I understand the latter, contributions go in pr...
by Clever_Username
Fri Jan 11, 2019 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: What financial instution do you use for cash?
Replies: 14
Views: 1013

Re: What financial instution do you use for cash?

Our situations are very different so I don't think this is likely to be helpful. In case it is, though: I use Bank of America. I keep about 1.5 months' cash in there, mostly so I always can pay bills, keep my minimum account balance, and use whatever I need from them. As of the end of this month, I ...
by Clever_Username
Fri Jan 11, 2019 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: VTIAX or VTSAX for taxable
Replies: 10
Views: 847

Re: VTIAX or VTSAX for taxable

Depending on your tax bracket, it might make more sense to keep municipal bonds in taxable and have a higher stock allocation in tax-advantaged accounts. Also, are there tax-managed versions of these? I'm at the point where, in a few months, I think my stock portion of my portfolio is likely to outg...
by Clever_Username
Thu Jan 10, 2019 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Would your FIRE plan work had your journey started 1965?
Replies: 66
Views: 4425

Re: Would your FIRE plan work had your journey started 1965?

The answer is simple. A) My target number is I can FI at my current location. If I use other numbers, I can LIE to myself easily. B) My current annual expense is a lot more accurate than any forecast. Thank you! This makes a lot of sense. I am thinking maybe I should do the same for measurement pur...
by Clever_Username
Thu Jan 10, 2019 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Would your FIRE plan work had your journey started 1965?
Replies: 66
Views: 4425

Re: Would your FIRE plan work had your journey started 1965?

HomerJ, I am aiming for FI. So, it is all based on my current annual expense. My current annual expense is 60K. KlangFool I hope it's okay to ask this, because I do really get a lot out of your posts, here and elsewhere. Maybe I missed something though. Why are you using current annual expense? I f...
by Clever_Username
Thu Jan 10, 2019 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Why isn't an AA of 75/25 with a SWR 3.75% the standard??
Replies: 62
Views: 6788

Re: Why isn't an AA of 75/25 with a SWR 3.75% the standard??

I like the math behind it, but for me, I have never been under 30% bonds and, other than the past few months, haven't seen any serious negative stock market action while seriously invested. I still have no idea what my risk tolerance is . If I knew that 75/25 was within my risk tolerance, even when ...
by Clever_Username
Wed Jan 09, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7269

Re: Is buying a $700K first home crazy?

My first house (it's a townhome) is about $700k, I make about half of what you make (with half as many people), and I closed on it shortly before my 34th birthday. I did own a condo before then, though, but had various reasons for wanting more house (including not wanting to live in under 500 square...
by Clever_Username
Sun Dec 30, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: What do you do with dividends?
Replies: 51
Views: 4434

Re: What do you do with dividends?

In tax-advantaged accounts, dividends are reinvested. I can re-balance at my convenience. In taxable, my only distributions are from a muni bond fund, so those go to my bank account. However, they arrive around the time of my monthly paycheck, and after paying my obligations out of whatever money is...
by Clever_Username
Sat Dec 29, 2018 9:09 pm
Forum: Forum Issues and Administration
Topic: Site Upgrade Plans
Replies: 14
Views: 1314

Re: Site Upgrade Plans

Thank you for all you do running this site.

I have no idea what it costs to run it either, and I also don't know if a contribution, if I were to make one, would be insulting or helpful. I'd obviously prefer it to be helpful.
by Clever_Username
Sat Dec 29, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 155
Views: 15634

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

I have this credit card -- it's pretty much the only card I use (I have another that I had for over a dozen years before this one, with no rewards, that I spend $20 on each month). I need to remember to figure out which categories I spend the most on so I can get the better rewards for it. Mine isn'...
by Clever_Username
Fri Dec 28, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey [“good growth mutual fund”]
Replies: 54
Views: 5197

Re: Dave Ramsey [“good growth mutual fund”]

Even if he has one he's not naming, past performance does not guarantee future results. PJW Not a guarantee (that legalese to cover mutual fund / brokerage firm's behinds), but is an indicator of an actively managed fund manager's abilities over time and possible future performance (at least for as...
by Clever_Username
Fri Dec 28, 2018 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Emergency fund as part of asset allocation?
Replies: 6
Views: 307

Re: Emergency fund as part of asset allocation?

I don't have a separate emergency fund, I have an emergency plan. I have a little over one month's expenses in my bank account. It is not part of my allocation or portfolio. I have almost ten months' expenses in Series I Bonds. In event of emergency, that's where I can draw from. This is also part o...
by Clever_Username
Fri Dec 28, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 13559

Re: Vanguard Founder Jack Bogle Says It’s Time to market time

Dang, and I just did my re-balancing this morning (as per IPS) to bring me back to my desired stock allocation, which had dropped due to a combination of market movements and a significant bond purchase in taxable by me. And since my monthly contributions tend to be a lot more bonds than stocks (due...
by Clever_Username
Fri Dec 28, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: FAFSA - is it worth filling out?
Replies: 108
Views: 5476

Re: FAFSA - is it worth filling out?

I don't have kids and I'm a teacher, so keep that in mind when I write this. It is my understanding that some scholarships, including some merit-based ones, require FAFSA to have been filled out. Also, I suspect the people who see your info at FAFSA would have access to it if they really want it any...
by Clever_Username
Thu Dec 27, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4043
Views: 1101323

Re: What Movie Have You Recently Watched?

Just saw Aquaman yesterday. I was getting tired of the comic book movie genre, but I enjoyed this, Deadpool 2 a while back, and Wonder Woman last year.
by Clever_Username
Thu Dec 27, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on generating retirement income
Replies: 14
Views: 1600

Re: Need advice on generating retirement income

If I am reading your post correctly, it looks to me like you have $1,742,000 in investable assets, and are very cash-heavy for some reason. I cannot speak to the asset allocation that you should have; read up on it here: https://www.bogleheads.org/wiki/Asset_allocation It also reads to me that you w...
by Clever_Username
Thu Dec 27, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9299

Re: What common everyday inconvenience have you intentionally suffered for frugality?

I use a portable bluetooth speaker in my car, rather than replacing the car audio. This is also laziness of getting the car audio system replaced (2006 model, no aux nor bluetooth connections, nor a tape deck). I have to remember to bring it inside to charge every few days, or use the DC adapter in ...
by Clever_Username
Wed Dec 26, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: As of 12/26, should I be in cash?
Replies: 17
Views: 3596

Re: As of 12/26, should I be in cash?

I'm ready to cash out today(temporarily), but suspect that the market may go up temporarily on Wednesday the 26th. I'd hate to miss out on that, but I also am not interested in losing much more of my hard-earned cash. Any thoughts from more experienced investors? If you're having trouble sleeping, ...
by Clever_Username
Tue Dec 25, 2018 11:52 pm
Forum: Investing - Theory, News & General
Topic: Is there any Low Risk 4 % Return
Replies: 52
Views: 6390

Re: Is there any Low Risk 4 % Return

Why do you think you'll know when things settle? How will you tell?

If you have a mortgage with a fixed rate of 4%, paying it down is a low risk 4% return, at least for some period of time.
by Clever_Username
Tue Dec 25, 2018 11:51 pm
Forum: Investing - Theory, News & General
Topic: Bears are -20%? Then here are three bears stacked on top of each other
Replies: 34
Views: 4492

Re: Bears are -20%? Then here are three bears stacked on top of each other

Darn, I can't see many of the images in the linked thread, I might be missing some of the fun.

Interesting to see how the reactions were. I was only barely aware of what a mutual fund was at the time.

The three bears stacked on top of each other is an interesting visual. Thank you for sharing.
by Clever_Username
Tue Dec 25, 2018 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund - Vanguard Prime Money Market, Ultra Short Bond, or ST Investment Grade?
Replies: 13
Views: 1562

Re: Emergency Fund - Vanguard Prime Money Market, Ultra Short Bond, or ST Investment Grade?

Are Series I Savings bonds part of your allocation? If not, consider putting some money into them, if you can do that in addition to your existing fund (as they aren't liquid for 12 months after purchase). Your chance to buy your 2018 allocation is out in a few days! Any of the three choices you lis...
by Clever_Username
Tue Dec 25, 2018 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Just another noob worrying about the crash
Replies: 32
Views: 3693

Re: Just another noob worrying about the crash

Problem is, I'm still losing money at that rate due to inflation. Do I exit the market now, or wait? I'm guessing ride it out :-) I have a question: how does something like prime money market, long term, and with tax-free distributions (say, in a tax-advantaged account) compare to inflation? One of...
by Clever_Username
Tue Dec 25, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard California Muni Bond safety in downturns?
Replies: 19
Views: 1402

Re: Vanguard California Muni Bond safety in downturns?

I have a portion of my portfolio in VCADX -- a small portion of my total savings is in not-tax-advantaged space and it is entirely in this fund (as part of overall asset allocation). If your primary concern is safety, you should go to a far more diversified holding, perhaps even Total Bond Market, p...
by Clever_Username
Tue Dec 25, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Wow, Behaviorial Finance is Real
Replies: 49
Views: 9013

Re: Wow Behaviorial Finance is Real

Investors are experiencing a real, live, bear market now. How do you feel about it? This is behavioral finance in action. This is my first bear market with any significant amount invested, and the first in which I know how to check. I am somehow not reacting, which is good. I had worried a bit duri...
by Clever_Username
Mon Dec 24, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: Worst prediction ever?
Replies: 15
Views: 2179

Re: Worst prediction ever?

As long as we're talking about Ken Fisher and predictions, how about this one from January of 2008, stating that the then-current outlook was too gloomy.

https://www.forbes.com/forbes/2008/0128 ... 142fa33ea6
by Clever_Username
Mon Dec 24, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 11635

Re: Now is the time to REJOICE!

The only thing I'm happy about with respect to recent market movements is that I am learning about my risk tolerance. I didn't start any serious investing until 2012 and I had very little in the market in 2008 (it might have been as much as $1000). I have been going "age in bonds" despite hearing fr...
by Clever_Username
Sun Dec 23, 2018 9:15 pm
Forum: Investing - Theory, News & General
Topic: When did the musicians on the titanic realize their fate?
Replies: 132
Views: 9751

Re: When did the musicians on the titanic realize their fate?

I feel this is a great observation that warrants repeating: Remember, the 9%-10% long-term historical stock returns? Those INCLUDE the crashes. Read that again. You shouldn't be moving huge amounts of money in and out of the market. Money you just leave in the market, right through the crashes, shou...
by Clever_Username
Sun Dec 23, 2018 9:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: My New Avatar
Replies: 23
Views: 1422

Re: My New Avatar

Oh that's what the old avatar was. It was bothering me but I didn't think to ask. Nice!
by Clever_Username
Sun Dec 23, 2018 12:21 am
Forum: Investing - Theory, News & General
Topic: 1-yr Emergency Fund
Replies: 10
Views: 1541

Re: 1-yr Emergency Fund

To add to willthrill's comments: part of your emergency plan should be knowing what unemployment benefits you're eligible for. I looked up a while back and discovered I'm not eligible for them.
by Clever_Username
Sat Dec 22, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Boeing-time to buy?
Replies: 26
Views: 2242

Re: Boeing-time to buy?

wulfric wrote:
Sat Dec 22, 2018 5:50 pm
Is it time to buy?
Yes, as the relevant portion of a quality index mutual fund, such as VTSAX.
by Clever_Username
Sat Dec 22, 2018 2:51 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Present To You
Replies: 108
Views: 11165

Re: My Christmas Present To You

Thank you for your service Taylor!
by Clever_Username
Sat Dec 22, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: 1-yr Emergency Fund
Replies: 10
Views: 1541

Re: 1-yr Emergency Fund

Depending on your state of residence and income level, the logical way to extend into taxable space might be a muni bond fund. That's the case for me in California. Between money in that and Series I Bonds, I have over 19 months' expenses, not including cash in the bank (a little over a month's expe...
by Clever_Username
Sat Dec 22, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Contribute 5000 to IRA Vanguard federal money market...
Replies: 8
Views: 970

Re: Contribute 5000 to IRA Vanguard federal money market...

Non-authoritative answer, but I'd say it's been contributed. The action of putting it into the account, not the part where you invest it somewhere, is what made it contributed. There might be an exception I'm unaware of. I wonder if you could recharacterize it as a Roth and then withdraw it under no...
by Clever_Username
Fri Dec 21, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Just another noob worrying about the crash
Replies: 32
Views: 3693

Re: Just another noob worrying about the crash

I'm curious: how well do you know Amazon that you're comfortable betting such a sizable fraction of your wealth in their favor over a more diverse portfolio?
by Clever_Username
Fri Dec 21, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Now is a good time to shift payroll deductions to equities?
Replies: 6
Views: 503

Re: Now is a good time to shift payroll deductions to equities?

Your AA isn't about predicting the future, it's about keeping your risk where you want it to be. So no, don't shift your payroll deductions to equities in violation of your AA unless it's your intent to take on more risk. How many downturns have you been through while seriously invested? Because if ...