Search found 571 matches

by Svensk Anga
Fri Oct 11, 2019 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard keeps pushing their financial advisors...why?
Replies: 88
Views: 6369

Re: Vanguard keeps pushing their financial advisors...why?

I know I can delete these weekly emails from Vanguard, I am just wondering why they recently started pushing this, and if any other changes are in the works at Vanguard. Anyone know? Like other businesses, they are trying to increase revenue. And why are they so intent on increasing revenue? They’r...
by Svensk Anga
Thu Oct 10, 2019 11:00 am
Forum: Investing - Theory, News & General
Topic: Treasury auction of 5 year TIPS coming up....
Replies: 31
Views: 2227

Re: Treasury auction of 5 year TIPS coming up....

I-bonds at 0.5% real through the end of the month are a better deal than the 5-year TIPS. On November 1 the real rate for new I bonds will be adjusted, very likely lower.
by Svensk Anga
Sat Oct 05, 2019 8:47 am
Forum: Investing - Theory, News & General
Topic: Questions about long term capital gains/dividends
Replies: 8
Views: 769

Re: Questions about long term capital gains/dividends

That 78,750 is taxable income. If you take the standard deduction of $24,000 for MFJ, you can have up to 102,750 of gross income before your qualified dividends or LTCG are taxed.
by Svensk Anga
Sun Sep 29, 2019 1:58 pm
Forum: Personal Consumer Issues
Topic: will counter sag on custom built tv unit?
Replies: 13
Views: 934

Re: will counter sag on custom built tv unit?

Hicabob- not sure if you are trying to be funny or you are serious in your reply cause there is absolutely no way a butterfly landing on the bridge will cause it to sag. It will sag. The real question is whether it will be a perceptible amount. How much it will sag depends on some construction deta...
by Svensk Anga
Fri Sep 27, 2019 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Comparison shopping method for home/auto/umbrella insurance?
Replies: 13
Views: 890

Re: Comparison shopping method for home/auto/umbrella insurance?

I suggest you explore your state’s insurance department web site. Florida at least has a rate comparison tool. This may help you narrow the search to those companies with the best rates in your area.
by Svensk Anga
Mon Sep 16, 2019 10:50 am
Forum: Investing - Theory, News & General
Topic: The "barbell" equity strategy -- 1991 to 2016
Replies: 13
Views: 1324

Re: The "barbell" equity strategy -- 1991 to 2016

The contrarian part seems to resurrect a variant on the "Dogs of the Dow" strategy. Didn't that quit working after it became common knowledge? i.e. the Rekenthaler rule in action. (If the bozos know about it, it doesn't work anymore.)
by Svensk Anga
Mon Sep 16, 2019 10:19 am
Forum: Investing - Theory, News & General
Topic: Are TIPS really a good inflation hedge? Pros and Cons
Replies: 138
Views: 7937

Re: Are TIPS really a good inflation hedge? Pros and Cons

One could make the case that when TIPS were new and had 3-4% coupon rates, they did hedge more than their own value. For the last decade, when we struggled to find any real yield at all, not so much. A TIPS with a high coupon rate will return your inflation adjusted principal at maturity. In additio...
by Svensk Anga
Sat Sep 14, 2019 9:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard early distributions
Replies: 2
Views: 599

Re: Vanguard early distributions

For VTSAX (total us stock), the 3rd quarter distribution is 2 weeks earlier than last year. The second quarter was one week earlier. See: https://investor.vanguard.com/mutual-funds/profile/distributions/vtsax Expect the distributions to be smaller given that the fund had a shorter period to collect ...
by Svensk Anga
Sat Sep 14, 2019 9:30 am
Forum: Investing - Theory, News & General
Topic: Fidelity beating vanguard now? switch to Fidelity?
Replies: 121
Views: 5431

Re: Vanguard is Falling Behind Compared to Fidelity

First the website / app experience is night and day different. Fidelity absolutely places emphasis on the UI. Vanguard isn’t even in the 20th century in terms of technology yet. I would rather have a somewhat dated UI rather than having to hunt every time I need to do something on a site that is co...
by Svensk Anga
Fri Sep 13, 2019 11:49 am
Forum: Investing - Theory, News & General
Topic: Benjamin Graham fans: what did "diversification" mean to Graham?
Replies: 33
Views: 2093

Re: Benjamin Graham fans: what did "diversification" mean to Graham?

In chapter 5 of The Intelligent Investor , he actually says There should be adequate though not excessive diversification. This might mean a minimum of ten different issues and a maximum of about thirty. I think this is just pragmatic advice, reflective of his times. Mutual funds were not popular. ...
by Svensk Anga
Fri Sep 13, 2019 11:36 am
Forum: Investing - Theory, News & General
Topic: Why are bonds falling when fed is expected to cut rates?
Replies: 24
Views: 3016

Re: Why are bonds falling when fed is expected to cut rates?

My guess is that the bond market is starting to worry that rate cuts might spur some inflation. Longer bonds which the Fed can only marginally influence but not control are seeing yield increases/price declines. The CPI report yesterday revealed 2.4% year over year inflation in the core measure (les...
by Svensk Anga
Wed Sep 11, 2019 4:26 pm
Forum: Personal Investments
Topic: VYM dividend related question
Replies: 5
Views: 535

Re: VYM dividend related question

One problem with planning retirement this way is that you become vulnerable to changes in dividend policy. If share buybacks grow at the expense of cash dividends, as has been the fashion for a decade or two, your income may not keep up. The buybacks are likely to inflate your shares’ NAV, but you m...
by Svensk Anga
Wed Sep 11, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: 401(k) safe harbor non-elective contribution
Replies: 2
Views: 272

Re: 401(k) safe harbor non-elective contribution

My former employer had a similar non-elective company contribution. The summary plan description specified that one had to be employed as of December 31 in order to receive that year's contribution. There were some exceptions like retirement, death, or disability. There were vesting rules for this m...
by Svensk Anga
Tue Sep 10, 2019 12:25 pm
Forum: Investing - Theory, News & General
Topic: is real estate dead as a diversifier?
Replies: 52
Views: 5607

Re: is real estate dead as a diversifier?

The yield on Vanguard REIT index Admiral shares is now 3.83%. This yield looked high from what I have seen lately, so I went to Vanguard to check it out. Their web page for this fund (https://investor.vanguard.com/mutual-funds/profile/vgslx ) shows the current unadjusted effective yield as 3.07% (c...
by Svensk Anga
Tue Sep 10, 2019 8:34 am
Forum: Investing - Theory, News & General
Topic: Value Averaging Back Testing
Replies: 7
Views: 501

Re: Value Averaging Back Testing

I suspect that the issue is that your 7% path is too modest a growth rate for this period. The low growth targeted means that a lot of the time value averaging will be keeping cash on the sidelines. DCA wins by being fully invested all the time and enjoys greater than 7% growth. I suggest you run a ...
by Svensk Anga
Thu Aug 29, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest
Replies: 56
Views: 5325

Re: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest

Would a new edition of "The Intelligent Asset Allocator" discuss allocating among factors as well as among asset classes? If so, will that discussion be favorable to factor investing?
by Svensk Anga
Mon Aug 26, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Coverage
Replies: 12
Views: 1013

Re: Umbrella Coverage

I think “reside in Florida” is the issue. I am in FL and my $1mm umbrella is a bit over $600/year, also with 3 drivers but 4 cars. I elected uninsured/underinsured coverage on the umbrella policy. This is a significant part of the cost. My auto is with Progressive and the umbrella is with American S...
by Svensk Anga
Sun Aug 25, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Credit limit increase in retirement?
Replies: 18
Views: 1608

Re: Credit limit increase in retirement?

They have you self-report income, but I have never seen any attempt at verification. Since we substantially under-spend compared to our potential retirement income, I tend to give them an income number that represents what we could potentially spend, not the income we realize in order to cover our a...
by Svensk Anga
Sat Aug 24, 2019 6:20 pm
Forum: Personal Investments
Topic: Does anyone use TIPS mutual funds for 100% of their LMP allocation?
Replies: 61
Views: 3444

Re: Does anyone use TIPS mutual funds for 100% of their LMP allocation?

I think that a ladder of TIPS with individual bonds maturing in time to match your expected liabilities would much better conform to the idea of a LMP. There is no telling what NAV you will cash out your TIPS funds at. Since you are constrained by your 401k, you might plan to buy the TIPS ladder whe...
by Svensk Anga
Sat Aug 17, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Can SS benefits continue to increase if still working after claiming?
Replies: 10
Views: 1242

Re: Can SS benefits continue to increase if still working after claiming?

yes, your benefit will increase, but if you are already past the second bend point, the increase is going to be very small.
by Svensk Anga
Fri Aug 16, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: Buying an older used car - any new/different ideas?
Replies: 64
Views: 3344

Re: Buying an older used car - any new/different ideas?

Maybe look for a Pontiac Vibe, last made in 2010. It is from the joint venture GM/Toyota plant and is really a Toyota mechanically. The marque may be tainted by GM's reputation and Pontiac's demise.
by Svensk Anga
Wed Aug 14, 2019 12:55 pm
Forum: Investing - Theory, News & General
Topic: Confused, bummed, and concerned
Replies: 74
Views: 10607

Re: Confused, bummed, and concerned

I suspect that someone adopting the investing principles of this board early in their career will do about as well over the next decade of presumed 4 -5% returns as boomers did without sound guidance 40 years ago. There were (and still are) a whole lot of ways to go astray when good guidance was har...
by Svensk Anga
Sat Aug 03, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy to include seasonal condo
Replies: 15
Views: 635

Re: Umbrella policy to include seasonal condo

Rather than convince yourself that you don't need the condo under the umbrella, maybe you should find a better insurer. I have my umbrella with ASI, American Strategic Insurance. HOI on main residence is with another insurer. HOI on second residence is with another. Auto is still another. You need n...
by Svensk Anga
Wed Jul 31, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Should I stop pre-tax savings due to probable future value and future tax brackets.
Replies: 36
Views: 2361

Re: Should I stop pre-tax savings due to probable future value and future tax brackets.

I would run my plan assuming that the current tax rates sunset as scheduled per the law on the books for an alternate case. That is, you are probably looking at 25% marginal rates in retirement, maybe 28%. You may not want to limit yourself to the 12% bracket for Roth conversions. The 22% might make...
by Svensk Anga
Tue Jul 30, 2019 8:06 am
Forum: Investing - Theory, News & General
Topic: China's No. 2 Auditor Is Accused of Faking Data; Clients' IPOs Are Halted
Replies: 16
Views: 1729

Re: China's No. 2 Auditor Is Accused of Faking Data; Clients' IPOs Are Halted

Very interesting. One reason I am wary of investing in China, not sure I can trust the numbers. I would not be much surprised to see the same headline dealing with US-based IPO's. There is enough money involved to compromise one's integrity. After all, Enron got a clean bill of health from their au...
by Svensk Anga
Mon Jul 29, 2019 8:11 pm
Forum: Personal Investments
Topic: Is a 403b even worth it?
Replies: 37
Views: 2497

Re: Is a 403b even worth it?

Looks to me like you have to think hard about what your tax rate in retirement will be. No point avoiding 22% now to pay 25 or 28% later. Looks like you are solidly in the 22% bracket now. You might be looking at that high in retirement too unless you opt out early. I suspect that you could do okay ...
by Svensk Anga
Mon Jul 29, 2019 9:59 am
Forum: Personal Consumer Issues
Topic: Do you buy the highest trim car ?
Replies: 120
Views: 7466

Re: Do you buy the highest trim car ?

We almost always go for the lowest trim. I think the auto makers really compete on price on the low end but jack up their margins with all the gimmicks on the higher trim lines. I just don't see the value in all the high end stuff. You can end up spending $1000 for an in-dash navigation system when ...
by Svensk Anga
Sun Jul 28, 2019 5:09 pm
Forum: Investing - Theory, News & General
Topic: Come over to the Liability Matchng portfolio side: the water is fine
Replies: 170
Views: 11050

Re: Come over to the Liability Matchng portfolio side: the water is fine

Wouldn't a well diversified fixed income portion of you AA portfolio have some of that as well? I think what would be different is that a diversified investor would likely hold something in a TIPS fund but an LMP would hold individual TIPS scheduled to mature and be spent to exactly cover an expect...
by Svensk Anga
Sat Jul 27, 2019 3:14 pm
Forum: Investing - Theory, News & General
Topic: Come over to the Liability Matchng portfolio side: the water is fine
Replies: 170
Views: 11050

Re: Come over to the Liability Matchng portfolio side: the water is fine

I'm a LMP / RP advocate myself, but it reminds me of the "bucket" approach that I disregard as nothing much more than mental accounting. I guess in LMP, the "safe" bucket is supposed to be in ultra-conservative, inflation-linked things; e.g., TIPS, I-Bonds and it's supposed to be big enough to supp...
by Svensk Anga
Sat Jul 27, 2019 3:04 pm
Forum: Investing - Theory, News & General
Topic: Come over to the Liability Matchng portfolio side: the water is fine
Replies: 170
Views: 11050

Re: Come over to the Liability Matchng portfolio side: the water is fine

My problem is how do I know how much I should put in a LMP and how much in a risk portfolio? I am fairly young (42). I would anticipate working for another 10-20 years or so. The amount of money needed to retire seems so daunting, that I would be tempted to devote all my resources to a LMP. But the...
by Svensk Anga
Fri Jul 26, 2019 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Why save HSA receipts?
Replies: 34
Views: 3002

Re: Why save HSA receipts?

You ought to plan on drawing down the HSA during your (and your spouse's) lifetime. The whole thing is taxable if it goes to a non-spouse heir.
by Svensk Anga
Thu Jul 25, 2019 2:39 pm
Forum: Investing - Theory, News & General
Topic: Risks in holding various funds for 6-month periods
Replies: 14
Views: 842

Re: Risks in holding various funds for 6-month periods

For most of the last 37 years I have held my emergency/vacation/car replacement funds in Vanguard Prime Money Market Fund. In retrospect, I could have done better by using a two or three tier structure and earned a term premium most of the time on the longer-term tiers. I wonder how much opportunity...
by Svensk Anga
Sun Jul 14, 2019 8:22 pm
Forum: Investing - Theory, News & General
Topic: Will you buy Total Bond with a negative yield?
Replies: 112
Views: 12530

Re: Will you buy Total Bond with a negative yield?

Folks were buying TIPS with negative yields, but I believe that their expected/actual return was positive. The real question: Would the US government ever issue nominal treasuries with negative yields. I don’t think it would, but... I imagine that at the bottom of the next recession, nominal yields...
by Svensk Anga
Fri Jul 12, 2019 7:33 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2370

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

(And this allocation is only for some of my accounts, as the 401K plans we have dont offer a low carbon option anyway, so those amounts are going to stay in the SP500/TSM - this change would be for the taxable account index funds). It’s a bad idea to put any fund you are not committed to hold for d...
by Svensk Anga
Tue Jul 09, 2019 9:58 pm
Forum: Personal Consumer Issues
Topic: Which glue (for laminate veneer to wood board)
Replies: 8
Views: 462

Re: Which glue (for laminate veneer to wood board)

Sometimes these laminates are applied with a heat activated glue. There is a chance that by warming the laminate with a clothes iron and pressing against the backing board that it will re-bond. There is also a chance that if you overdo it, you could scorch the laminate. I think I would try a carpent...
by Svensk Anga
Tue Jul 09, 2019 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Does saving 20% towards retirement starting in your twenties allow you to retire early?
Replies: 144
Views: 14528

Re: Does saving 20% towards retirement starting in your twenties allow you to retire early?

[/quote] Sure. But it should be pointed out that you would have ended up in about the same spot by just saving a steady 15-20% (distribution of salary and returns matter). By not saving early, you weren't able to exploit the fact that a dollar saved 34 years ago is now worth 10 dollars. To compensat...
by Svensk Anga
Tue Jul 09, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Does saving 20% towards retirement starting in your twenties allow you to retire early?
Replies: 144
Views: 14528

Re: Does saving 20% towards retirement starting in your twenties allow you to retire early?

I think planning on a level 20% savings rate shortchanges the early retirement possibilities. If you are in a career with some real salary growth potential and save a portion of every raise, you can grow your saving rate over time quite a bit. I started with 6% contribution plus 3% company match at...
by Svensk Anga
Tue Jul 09, 2019 6:54 pm
Forum: Personal Consumer Issues
Topic: Retirees, did your level of luxury increase faster than you anticipated?
Replies: 47
Views: 5192

Re: Retirees, did your level of luxury increase faster than you anticipated?

I think the answers you get will reflect the times. After a ten year bull market, most retirees depending substantially on portfolio withdrawals will be feeling flush and spending more freely. In late 2008, early 2009 the answers would have been different. I have been retired three years. We are def...
by Svensk Anga
Sat Jul 06, 2019 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Does saving 20% towards retirement starting in your twenties allow you to retire early?
Replies: 144
Views: 14528

Re: Does saving 20% towards retirement starting in your twenties allow you to retire early?

I think planning on a level 20% savings rate shortchanges the early retirement possibilities. If you are in a career with some real salary growth potential and save a portion of every raise, you can grow your saving rate over time quite a bit. I started with 6% contribution plus 3% company match at ...
by Svensk Anga
Fri Jul 05, 2019 10:30 am
Forum: Investing - Theory, News & General
Topic: Bond ETFs are in RBD mode
Replies: 12
Views: 1533

Re: Bond ETFs are in RBD mode

The 10-year treasury yield is up 10.5 basis points. A "normal" large daily move is maybe 3 or 4 points.
by Svensk Anga
Fri Jun 28, 2019 9:38 am
Forum: Personal Consumer Issues
Topic: how much to finance a new car at .9%
Replies: 57
Views: 4244

Re: how much to finance a new car at .9%

I financed as much as I could at 0.9%. I did not have a rebate option though.

It might help your credit score to carry the installment loan, especially if you have no others. I may apply for a HELOC when the car is paid off. I suspect the payment history on the car loan will help with that.
by Svensk Anga
Wed Jun 26, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Your company's 401(k) SPD, I need help
Replies: 4
Views: 507

Re: Your company's 401(k) SPD, I need help

Here is mine: The percentage of your eligible pay that you contribute may change during a Plan year. If it does, it is possible that the total Company matching contributions made to your account during that Plan year are less than the total Company matching contributions that could have been made ha...
by Svensk Anga
Wed Jun 26, 2019 9:31 pm
Forum: Personal Consumer Issues
Topic: ergonomic mouse/ keyboard
Replies: 10
Views: 724

Re: ergonomic mouse/ keyboard

I endorse the Microsoft ergonomic keyboard. For the mouse, I am trying a vertical. It is a bit awkward. Prior to this, I had arranged my work station at the office to use the mouse left handed while I did right handed at home. It was surprisingly easy to adapt to this arrangement since I am nowhere ...
by Svensk Anga
Wed Jun 26, 2019 5:42 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 122
Views: 11140

Re: Ex DFA CIO launches competitor which will also have ETFs

The linked article says that the new venture has filed to launch an international small cap value etf. I think this is not readily available elsewhere.
by Svensk Anga
Mon Jun 24, 2019 4:34 pm
Forum: Investing - Theory, News & General
Topic: FT article: "Pension funds raise concern over index manager stewardship"
Replies: 21
Views: 2005

Re: FT article: "Pension funds raise concern over index manager stewardship"

I fail to see why this issue is tied to index funds. Are we supposed to believe that an active fund manager with 100%/annum portfolio turnover is concerned with stewardship issues? I would bet that the active manager is pressured by his board to devote minimal resources to stewardship. If anything, ...
by Svensk Anga
Tue Jun 18, 2019 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Two comma club members and Community College
Replies: 8
Views: 1286

Re: Two comma club members and Community College

I am 2 comma and a community college graduate. I got a full tuition scholarship to the CC based on my high school grades. Based on my CC grades, I got a small scholarship to the state university to which I transferred. I think CC is an excellent way to transition from HS to college, even if finances...
by Svensk Anga
Fri Jun 14, 2019 7:28 pm
Forum: Investing - Theory, News & General
Topic: VTI declares lower dividend for Q2 2019
Replies: 6
Views: 2170

Re: VTI declares lower dividend for Q2 2019

The dividend is about a week earlier than last year's 2nd qtr dividend (depending on which date you use). Perhaps the accounting cut off date was enough earlier that some dividends normally distributed in the 2nd quarter will slip to the 3rd this year. https://investor.vanguard.com/etf/profile/distr...
by Svensk Anga
Wed Jun 05, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: Being a conservative investor is not always a bad thing
Replies: 30
Views: 2426

Re: Being a conservative investor is not always a bad thing

Being conservative isn't always a bad thing, but being smart is usually better . https://i.imgur.com/2xmjwUs.png Not only smart, but having the courage of one's convictions. To get that green line, one would have had to rebalance from bonds to stocks big time through the fall of 2008 and early 2009...
by Svensk Anga
Tue Jun 04, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Social Security deductions after maxing out Social Security benefit?
Replies: 23
Views: 2460

Re: Social Security deductions after maxing out Social Security benefit?

Your SS benefit may continue to increase after 35 full years, but it will be slower than if you had zero earnings years in your record. If you make more in the current year than in an old year in your 35-year record, in inflation adjusted terms, the current year earnings bump that old year out of th...
by Svensk Anga
Mon Jun 03, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: How much life insurance do we NEED
Replies: 11
Views: 1048

Re: How much life insurance do we NEED

I don’t know about $ amounts, but suggest you think about whether you need 30 year term. You’ll be in your 60’s then, hopefully financially independent, maybe retired. Between the expiration of a 20year term and 30, you should be gradually losing the need for life insurance. Those last ten years are...