Search found 410 matches

by Bracket
Mon Dec 11, 2017 6:34 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 19394

Re: Save all this money, what do you splurge on?

I set up side by side 60" 4K flat screens with 2 PlayStation 4 consoles so I could play games online with my son. :thumbsup
by Bracket
Sun Nov 26, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 10898

Re: What did you do right?

Right: Invested time and money into education which now provides a good income. Learned about index investing/Boglehead philosophy early enough to avoid making major errors. Never tried to pick stocks, never tried to time the market, never paid an advisor from Edward Jones to buy me loaded mutual fu...
by Bracket
Thu Nov 23, 2017 5:56 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 110
Views: 13636

Re: VG wants everyone to transfer to a brokerage account?

I still have a hybrid account (one brokerage account, one taxable mutual fund account, one Roth IRA, one traditional IRA with a zero balance (used to hold money for a day or two each year before converting to Roth)) and have no plans to get rid of my mutual fund account unless they force me. My div...
by Bracket
Thu Nov 23, 2017 4:03 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 110
Views: 13636

Re: VG wants everyone to transfer to a brokerage account?

I still have a hybrid account (one brokerage account, one taxable mutual fund account, one Roth IRA, one traditional IRA with a zero balance (used to hold money for a day or two each year before converting to Roth)) and have no plans to get rid of my mutual fund account unless they force me. My divi...
by Bracket
Sun May 28, 2017 3:10 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg hit piece - Vanguard's Irritating Perch on the Moral High Ground
Replies: 52
Views: 9354

Re: Bloomberg hit piece - Vanguard's Irritating Perch on the Moral High Ground

You guys will love this article (in a bad way). This was an article released today in Bloomberg View, the opinion section of Bloomberg. https://www.bloomberg.com/view/articles/2017-05-23/vanguard-s-irritating-perch-on-the-moral-high-ground Among the author's points: - Vanguard isn't a nonprofit in ...
by Bracket
Fri May 26, 2017 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 107
Views: 16238

Re: i am my own "guy," but not sure I should advertise that

I talk about it all the time because when I hear people make ridiculous claims about their "guy" I can't help myself but to challenge those claims. I've had people ask me about my strategy, I've told people to check out the Wiki, or books by Bogle, Ferri, Swedroe, and Bernstein, and I've even looked...
by Bracket
Wed May 17, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353374

Re: What are you up YTD? [Year To Date]

XIRR 8% YTD
80/20 stocks/bonds
Small cap value and REIT tilted
30% int'l
Does not include today's drop.
by Bracket
Mon Apr 10, 2017 4:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard VWO - no Samsung or South Korea
Replies: 17
Views: 2241

Re: Vanguard VWO - no Samsung or South Korea

thanks for the info - didn't even think of checking for differences between FTSE and MSCI - Now - if I want to go with an EM fund, do I stay with the FTSE and Vanguard, or look at the iShares and the IEMG or EEM versions Tax loss harvest between both :beer I hold both but side with VG for asset all...
by Bracket
Sun Mar 26, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's
Replies: 160
Views: 28208

Re: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's

If you google "backdoor Roth IRA" you'll see links on how to do it from Vanguard, Betterment, WSJ, Investopedia, Kitces.com, Nerdwallet, and if you preface it with a "how to" then add in Morningstar, The Finance Buff, and the White Coat Investor. Half this forum, myself included, has been doing this...
by Bracket
Sat Jul 09, 2016 6:28 pm
Forum: Investing - Theory, News & General
Topic: Brexit - minor blip
Replies: 27
Views: 2814

Re: Brexit - minor blip

And you sold that VGK already at a profit, right? That is, you changed your mind about the short-term vs long-term thing and restored your asset allocation. I would suggest that one try to diversify purchases on things like Brexit. No because one, it's barely above where I bought it; and two becaus...
by Bracket
Sat Jul 09, 2016 6:19 pm
Forum: Investing - Theory, News & General
Topic: Brexit - minor blip
Replies: 27
Views: 2814

Re: Brexit - minor blip

^It is true that some things are not back to pre-Brexit prices, but some things are. Plus most all things have gains since those Monday closing prices. Of course, we don't know if those gains will evaporate nor if the market will go even lower than those Monday prices. The probability of those happ...
by Bracket
Sat Jul 09, 2016 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: What do I need to know about billing before a medical procedure?
Replies: 41
Views: 3672

Re: What do I need to know about billing before a medical procedure?

I'm always amazed at how so many on this forum still believe we live in those bygone days when the doctor was the boss and had control over things. Now they are like the airline pilots who fly the plane, but they do not own the plane or decide how much the tickets cost. We chose this methodology wh...
by Bracket
Sat Jul 09, 2016 5:44 pm
Forum: Investing - Theory, News & General
Topic: Brexit - minor blip
Replies: 27
Views: 2814

Re: Brexit - minor blip

all the brexit hype - it turns out to be a non-event and just a 'minor blip'. What is even more surprising is this thing did not last more than 2 weeks ! We watched classic manipulation live :D Sorry, but 10% is not minor, but I suppose you didn't mean the actual price movement and instead meant th...
by Bracket
Thu Jul 07, 2016 12:30 am
Forum: Personal Finance (Not Investing)
Topic: How many "investment" accounts do you have?
Replies: 61
Views: 7505

Re: How many "investment" accounts do you have?

I feel the same. Once upon a time I had a TSP and my bank accounts. Then I got married and added wife's 401k and bank accounts. Then we started IRAs, then they changed the laws so we opened Roth's so we could backdoor them, then new job so new 401k, then better job so more income so maxed out tax ad...
by Bracket
Sat Jul 02, 2016 8:51 am
Forum: Investing - Theory, News & General
Topic: A look at REITs, and a new study
Replies: 52
Views: 5917

Re: A look at REITs, and a new study

First, projected, or estimated returns are called, UNCONDITIONAL, meaning the horizon is irrelevant. You assume the same return whether 1 or 30 years. Second, REITS have BELOW market expected returns, not above like SV, so no they work in reverse of barbell Third, REITs are some combination of equi...
by Bracket
Fri Jul 01, 2016 11:01 pm
Forum: Investing - Theory, News & General
Topic: A look at REITs, and a new study
Replies: 52
Views: 5917

Re: A look at REITs, and a new study

My IPS says 10% REITs. Every year it seems I am told REITs are supposed to do terribly. Yet they don't. Doesn't mean they won't, but I gotta just stick with my IPS. Trying to alter my asset allocation in response to ever changing valuations of my 7 or 8 asset classes might be a smart thing to do to ...
by Bracket
Fri Jun 24, 2016 10:52 pm
Forum: Investing - Theory, News & General
Topic: Plunge and Panic-Do You Get It Now?
Replies: 108
Views: 14981

Re: Do You See it Now?

With all due respect, I don't see why it's hard to stay the course. Today I sold some bonds (up over 1% today) and bought some equities (way down). I didn't listen to any market prognosticators, because frankly, they never say anything worth listening to. :) Me either. When equities, or especially ...
by Bracket
Sun Apr 17, 2016 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Refund (Where Did It Go)
Replies: 21
Views: 1978

Re: Tax Refund (Where Did It Go)

529 account for my son. Got to make sure I get that state tax deduction again next year.
by Bracket
Thu Feb 04, 2016 9:11 am
Forum: Investing - Theory, News & General
Topic: Prosper.com Update Total Return
Replies: 39
Views: 5953

Re: Prosper.com Update Total Return

I have had a Lending Club account for a few years now but have essentially stopped contributing. My returns have been about 6-7%. Pre-tax. My issues were that the tax reporting was complex and time consuming. Doable with Turbotax, but not quick and easy. I was also not comfortable with a very large ...
by Bracket
Sat Jan 16, 2016 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you contribute max to tax-advantaged before 529?
Replies: 50
Views: 5867

Re: Poll: Do you contribute max to tax-advantaged before 529?

My families max for pretax income into 401k and Roth IRAs is $45,000. I think few people who are my age (36) max out their retirement accounts. I am surprised by the number of people here who say they max out their retirement accounts. Perhaps they are 1 income (and therefore the max is only $22,50...
by Bracket
Fri Jan 15, 2016 8:36 am
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 3904

Re: Systematically buy from Emergency Fund on Dips?

Other than my monthly investing, does it make sense to buy a set amount (say $10k) of the most discounted of the funds that I am in from my emergency fund on every dip of 5%? I have 3 years of living expenses in my emergency fund. I can replenish the emergency fund in 2 months. I would limit myself...
by Bracket
Sun Jan 10, 2016 6:31 pm
Forum: Investing - Theory, News & General
Topic: Has Your Bond Allocation Changed Recently?
Replies: 32
Views: 3610

Re: Has Your Bond Allocation Changed Recently?

Just wanted to weigh in as another "no."

20% bonds until age 45.
by Bracket
Mon Jan 04, 2016 10:28 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353374

Re: What are you up YTD? [Year To Date]

-1.3% for 2015. :thumbsdown

80/20 stock/bond
small cap value/REIT Tilted Portfolio
30% of equities in int'l with a small cap tilt
Total bond/G Fund/TIPs
by Bracket
Sun Jan 03, 2016 6:20 pm
Forum: Investing - Theory, News & General
Topic: 2016 hedge fund contest
Replies: 250
Views: 31423

Re: 2016 hedge fund contest

Diversified Smart Equity Premium Style Alternative to the Alternative Factor Fund (Class: First All the Way)



Long
Chipotle. CMG
Apple AAPL
Merck MRK

Short
Amazon AMZN
AMSURG AMS
Electronic Arts EA

Thanks
by Bracket
Sat Jan 02, 2016 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Doctor Strategies
Replies: 74
Views: 12331

Re: Doctor Strategies

We need doctors to lower expectations from the expectations of years past. There is considerably more education debt to salary and salaries appear to be trending down when adjusted for inflation. We will need more doctors willing to make less or we will have a serious shortage. It will be especiall...
by Bracket
Fri Jan 01, 2016 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Roll Call for Tax-Loss Harvesting Class of 2015
Replies: 62
Views: 4408

Re: Roll Call for Tax-Loss Harvesting Class of 2015

Harvested from VTIAX to VFWAX...
And then back again later in the year.
by Bracket
Wed Dec 30, 2015 11:55 pm
Forum: Personal Consumer Issues
Topic: Cataract billing issue - anesthesiologist
Replies: 64
Views: 8034

Re: Cataract billing issue - anesthesiologist

Interesting thread. As an anesthesiologist it's nice to know that not everyone thinks of us as overpriced tube monkeys. The comment about having an eye doctor resuscitate a patient gave me a good laugh. And yes, I know next to nothing about how to perform a cataract procedure. As an employed anesthe...
by Bracket
Tue Dec 22, 2015 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Are you Financially Literate?
Replies: 33
Views: 3743

Re: Are you Financially Literate?

5/5 but on the inflation question I'm pretty sure if my income doubled my taxes would change so I think the answer would be unknown.
by Bracket
Sat Dec 05, 2015 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Doctor Strategies
Replies: 74
Views: 12331

Re: Doctor Strategies

Hi everyone, I am sure there are a lot of doctors on this site. I am curious about strategies unique to us, especially for more advanced topics. I am currently 30 years old and a senior resident in a specialty. I max out 401k (with employer match), HSA, Roth IRA, and mega backdoor Roth IRA. I have ...
by Bracket
Mon Nov 09, 2015 1:18 pm
Forum: Investing - Theory, News & General
Topic: REIT Tilt - timing
Replies: 13
Views: 1797

Re: REIT Tilt - timing

REITs are volatile. If two day swings really bother you it might mean such volatility is not for you. There is nothing wrong with not holding REITs in a separate allocation. If 5% bothers you I'd worry that you might sell after say a 10% decline. Full disclosure: I hold 10% of my portfolio in REITs.
by Bracket
Sat Nov 07, 2015 9:45 pm
Forum: Investing - Theory, News & General
Topic: What's been up with TIP funds?
Replies: 26
Views: 3628

Re: What's been up with TIP funds?

Lack_ey has it right. TIPs discount in future inflation expectations. Medium and long-term TIPs have been volatile, so your best bet is to stay the course and not lock in losses. Some folks think they may lead the bond market lower after the first fed rate change, but the sun will shine on them aga...
by Bracket
Sun Oct 25, 2015 9:20 am
Forum: Investing - Help with Personal Investments
Topic: SP 500 Index Fund vs Total Stock Market index fund
Replies: 55
Views: 26523

Re: SP 500 Index Fund vs Total Stock Market index fund

This topic comes up often, and for the purposes of my asset allocation I actually just consider the two to be identical. I know they are not identical, I understand the differences, etc but because I have an S&P 500 index fund available in both of our 401k's I am more or less required to use that fu...
by Bracket
Tue Oct 13, 2015 12:24 pm
Forum: Investing - Theory, News & General
Topic: New York Times Article -- Risk of Indexing
Replies: 43
Views: 8702

Re: New York Times Article -- Risk of Indexing

"In addition, another factor behind the current high valuations of stocks in the indexes is that investors have generally favored large-cap stocks in the current bull market, and the S.&P. 500 and Russell 2000 track such stocks." Uh, what? I had trouble reading past the large cap Russell 2000 index....
by Bracket
Mon Sep 28, 2015 8:45 pm
Forum: Investing - Theory, News & General
Topic: Which single book would you recommend for an investing novice?
Replies: 35
Views: 4144

Re: Which single book would you recommend for an investing novice?

joe8d wrote:
CABob wrote:While I agree with most of the other suggestions, my personal favorite is Personal Finance for Dummies by Eric Tyson.
:thumbsup for 1st book.
This was my first book as well. :thumbsup
by Bracket
Mon Sep 28, 2015 5:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]
Replies: 806
Views: 146206

Re: Vanguard sued for charging too little

Been reading about this lawsuit for months now. So is the theory that Vanguard purposefully broke the law? Or is the theory that they accidentally made a big mistake for a few decades and nobody noticed until now? I'm finding it equally impossible to believe either. As a huge entity with a unique st...
by Bracket
Thu Sep 10, 2015 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: Do you freeze your credit?
Replies: 58
Views: 5961

Re: POLL: Do you freeze your credit?

Yes.

I miss polls.
by Bracket
Thu Sep 10, 2015 12:16 pm
Forum: Investing - Theory, News & General
Topic: How do you decide your asset allocation?
Replies: 175
Views: 19994

Re: How do you decide your asset allocation?

I'll post my answer in Livesoft format: 1. Read book by Eric Tyson 2. Read book by Taylor Larimore et al 3. Read book by Rick Ferri 4. Use knowledge gained from reading to make best educated guess as to which asset allocation is right for you. 5. Post plan on Bogleheads.org 6. Assimilate feedback, w...
by Bracket
Sat Sep 05, 2015 6:41 pm
Forum: Investing - Theory, News & General
Topic: Anyone looking at Vanguard Reit
Replies: 30
Views: 3348

Re: Anyone looking at Vanguard Reit

abuss368 wrote:We invest in Vanguard U.S. And International REIT index funds and plan to stay the course.
:beer
I own the US fund only but yup, planning to stay the course at 10% of my portfolio.
by Bracket
Fri Sep 04, 2015 5:08 am
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 278
Views: 40644

Re: Selling all equities, discuss why I'm wrong. :)

That's exactly what's different this time: t his is the FOMO (Fear Of Missing Out) bubble. Fear of not having enough to retire, of missing out on this boom, has driven people into this market, even to 100% equities even as valuations in real estate, equities, and (yields lower) in bonds have risen ...
by Bracket
Thu Sep 03, 2015 10:56 pm
Forum: Investing - Theory, News & General
Topic: Liquidate 401k to open IRA to Merrill Lynch
Replies: 9
Views: 839

Re: Liquidate 401k to open IRA to Merrill Lynch

The answer is to not use Merrill Lynch. If he wants all his money invested at once, which makes perfect sense to me, then it should be invested all at once. End of discussion. And the fact that even after discussing it with them he still doesn't understand why they want him to invest over time just ...
by Bracket
Wed Sep 02, 2015 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Physician couple seeking advice on high income asset distribution and investment
Replies: 10
Views: 1888

Re: Physician couple seeking advice on high income asset distribution and investment

Hi all I am a recent Boglehead convert and have started looking into adding to our retirement planning. The wife and I are both employed physicians in our 30s in a higher income bracket and have the following accounts: 1. Traditional Savings/Checking Acct 2. Employer 401(k), his and hers, max contr...
by Bracket
Wed Sep 02, 2015 3:26 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 278
Views: 40644

Re: Selling all equities, discuss why I'm wrong. :)

prudent wrote:If it makes you comfortable, then it's a fine idea.


https://m.youtube.com/watch?v=_uHBFiAnpZs

As to why selling all one's equities is a bad idea, read anything written by any Boglehead ever.
by Bracket
Wed Sep 02, 2015 1:47 pm
Forum: Investing - Theory, News & General
Topic: Aug 2015 correction: what Bogleheads did...
Replies: 143
Views: 13246

Re: Aug 2015 correction: what Bogleheads did...

TLH'd VTIAX for VFWAX yesterday. Along with half the world it seems.
by Bracket
Wed Sep 02, 2015 8:32 am
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 20
Views: 1822

Re: TLH conclusion in my situation

stlutz wrote:
I would probably just wait 30 days.
May need to wait longer if the September dividend in the IRA gets reinvested...
True but that's why I say if you hold the same fund in both IRA and taxable then don't reinvest dividends in the IRA.
by Bracket
Wed Sep 02, 2015 12:50 am
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 20
Views: 1822

Re: TLH conclusion in my situation

This is a fascinating question. I have my IRA funds set to not reinvest dividends to avoid this exact situation. I think though that a literal reading of the IRS Revenue Ruling 2008-5 and the tax code makes it sound like a wash sale. The ruling and the tax code both speak of "acquiring" substantiall...
by Bracket
Tue Sep 01, 2015 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Co-Workers Think I'm Doomed Based on Portfolio Perf.
Replies: 50
Views: 6775

Re: Co-Workers Think I'm Doomed Based on Portfolio Perf.

The L2030 is just fine, but maybe you are not putting the maximum possible into your accounts? Ask your colleagues what their return is of their I fund, too. If they do not answer with a negative number, then I would question their truthfulness. I was about to say the same thing. As a proud owner o...
by Bracket
Sun Aug 30, 2015 9:11 am
Forum: Investing - Theory, News & General
Topic: Reblancing
Replies: 17
Views: 1588

Re: Reblancing

How many folks don't rebalance, but add more to the underfunded asset until it is back to your desired AA. What are the pros and cons of rebalancing this way, if there is any. I always add new money to the worst performing asset class. Psychologically it is a lot easier for me to take new money and...
by Bracket
Sun Aug 30, 2015 8:32 am
Forum: Investing - Theory, News & General
Topic: Aug 2015 correction: what Bogleheads did...
Replies: 143
Views: 13246

Re: Aug 2015 correction: what Bogleheads did...

I directed new money to the worst performing asset classes. But I always do that. I did take some of my 20 month emergency fund and invest it on Monday. So I made "extra" retirement contributions when things were down. I thought about tax loss harvesting VWO but I had bought the prior week and didn'...
by Bracket
Fri Aug 28, 2015 7:29 pm
Forum: Investing - Theory, News & General
Topic: Do "valuations" affect your asset allocation?
Replies: 52
Views: 3990

Re: Do "valuations" affect your asset allocation?

No. The word "valuation" does not appear in my IPS.
by Bracket
Fri Aug 28, 2015 6:51 am
Forum: Investing - Theory, News & General
Topic: part 1 of my webinar on the current crisis and how to think about it
Replies: 9
Views: 2389

Re: part 1 of my webinar on the current crisis and how to think about it

patriciamgr2 wrote:As always Larry, thanks for sharing your insights. We're looking forward to the next installments.

+1