Search found 125 matches

by k b
Sun Oct 18, 2020 8:40 pm
Forum: Personal Investments
Topic: AA and tax loss harvesting
Replies: 42
Views: 2313

Re: AA and tax loss harvesting

Thanks, everyone. Not sure if I am clearer on what to do with my allocations. But I certainly learned a lot. :happy :happy

The last two posts about post-retirement draws and how they could affect health insurance were particularly eye-opening. I was completely unaware.
by k b
Wed Oct 14, 2020 8:41 pm
Forum: Personal Investments
Topic: AA and tax loss harvesting
Replies: 42
Views: 2313

Re: AA and tax loss harvesting

[/quote] Let's run the numbers. A lump sum income of $10000. For simplicity fixed income tax rate 30% for the whole life. Capital gains tax rate: 15%. Stock market return 5%. Investment time: 30 years. Everything liquidated after 30 years. Let's see how what happens to that $10000 on different acco...
by k b
Tue Oct 13, 2020 7:10 pm
Forum: Personal Investments
Topic: AA and tax loss harvesting
Replies: 42
Views: 2313

Re: AA and tax loss harvesting

Thanks for all the comments. But sorry I am still not clear: If I assume that I will withdraw from non-taxable: only after retirement at my discretion And if I assume that stocks will grow faster than bonds THEN shouldn't I have my stocks in non-taxable. That way, I have the choice of either selling...
by k b
Mon Oct 12, 2020 9:13 pm
Forum: Personal Investments
Topic: AA and tax loss harvesting
Replies: 42
Views: 2313

Re: AA and tax loss harvesting

rkhusky wrote: Mon Oct 12, 2020 5:09 pm Mainly stocks in Roth.
Mainly stocks in taxable.
Most bonds in Traditional (tax-deferred). Although having bonds in taxable isn't terrible - taxable bonds if in a low tax bracket (12%), tax-exempt bonds if in a high tax bracket (28%+).
Please, could you explain your logic?

Thanks.
by k b
Mon Oct 12, 2020 9:12 pm
Forum: Personal Investments
Topic: AA and tax loss harvesting
Replies: 42
Views: 2313

Re: AA and tax loss harvesting

If you have a long time horizon, I'd recommend: - Bonds in taxable - Stocks in 401k/Roth A) Stocks have a higher return, so they get more benefit from the deferred taxation than bonds ("interest-for-interest") B) Bonds are more tax-efficient in 401k/Roth, but because yields are near zero, it really...
by k b
Mon Oct 12, 2020 6:25 pm
Forum: Personal Investments
Topic: AA and tax loss harvesting
Replies: 42
Views: 2313

Re: AA and tax loss harvesting

mega317 wrote: Mon Oct 12, 2020 3:40 pm Point 2 this isn’t really TLH you’re just trying to rearrange your portfolio without paying taxes, which is great. I’d rather use the 3k loss to offset income than LT gains.
Yes. Makes sense. Thanks for the feedback.
by k b
Mon Oct 12, 2020 1:19 pm
Forum: Personal Investments
Topic: AA and tax loss harvesting
Replies: 42
Views: 2313

AA and tax loss harvesting

Trying to put a few different ideas together for my own clarity. Please bear with me. For the purposes of this discussion, please assume: a broad 75:25 allocation between mostly US equity and bonds. stock market that goes up long-term 50:50 allocation between taxable and non-taxable (IRA / 401k) Poi...
by k b
Fri Oct 09, 2020 1:36 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to speculate on?

Have $10-20K to "invest", thanks to Covid savings (WFH, no summer vacation, etc.) and some previous savings. This is not a very large portion of my NW (which is invested in a very BH way). So, I am willing to "speculate". Prefer to purchase a low load index mutual fund. Not looking for leveraged ET...
by k b
Fri Oct 09, 2020 1:31 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to speculate on?

[/quote]
It actually show QQQ higher over 10 years, FSPTX for shorter periods (but only slightly so) - didn't realize you had a requirement to but a fund and not an etf.
[/quote]

Was a preference, not a strict requirement. But because I already had some FSPTX, I simply added to it.
by k b
Thu Oct 08, 2020 8:34 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to speculate on?

Update - went with FSPTX (Fidelity's tech fund). Thanks for the update. Didn't like my QQQ suggestion? - it tracks similar - has some of the same holdings - but has edged FSPTX out over the years probably simply because of FSPTX's high expense ratio. This says FSPTX returns are higher: https://www....
by k b
Thu Oct 08, 2020 6:49 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to speculate on?

Update - went with FSPTX (Fidelity's tech fund).
by k b
Tue Oct 06, 2020 9:37 am
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to speculate on?

All - many thanks for your time and some very interesting ideas.
by k b
Sun Oct 04, 2020 6:12 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to invest in?

Prefer to invest in a low load index mutual fund. Not looking for leveraged ETFs. Not interested in single stock. think you answered your own question. but make it "no" load, rather than "low" load. invest according to your IPS. see my signature for details. Looking for a speculative sector. That i...
by k b
Sun Oct 04, 2020 1:54 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to invest in?

Prefer to invest in a low load index mutual fund. Not looking for leveraged ETFs. Not interested in single stock. think you answered your own question. but make it "no" load, rather than "low" load. invest according to your IPS. see my signature for details. Looking for a speculative sector. That i...
by k b
Sun Oct 04, 2020 1:53 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to invest in?

Still sticking to most of this :-) Like I said, I am tempted by greed because these savings are a little unexpected. Maybe I should consider that my career risk has also gone up because of the economy and stick to BH. k b If your 10-20K is less than 2% of your overall portfolio, it is immaterial in...
by k b
Sun Oct 04, 2020 1:51 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to invest in?

Have $10-20K to invest, thanks to Covid savings (WFH, no summer vacation, etc.) and some previous savings. This is not a very large portion of my NW (which is invested in a very BH way). So, I am willing to "speculate". Prefer to invest in a low load index mutual fund. Not looking for leveraged ETF...
by k b
Sun Oct 04, 2020 12:55 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to invest in?

How’s your AA looking? Perhaps time to rebalance with this new cash? Otherwise I’d certainly prefer VT, VTI, or S&P 500 over getting creative with any sector ETFs Previous asking portfolio questions from K B (op) https://www.bogleheads.org/forum/viewtopic.php?f=1&t=324219&p=5466271#p5466271 K B (op...
by k b
Sun Oct 04, 2020 12:27 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to invest in?

If it were me, I'd throw the money into the BH portfolio you already have. Keeping things simple is usually beneficial. - THAT WAS MY INITIAL THOUGHT AS WELL. I AM TEMPTED BY GREED ONLY BECAUSE SOME OF THIS IS UNEXPECTED. If you ignore my first bit of advice, then consider something that's way down...
by k b
Sun Oct 04, 2020 12:23 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

Re: What to invest in?

Rebalance by investing in one of the existing assets? Good thought! I have mostly let my investments ride, but now could be a good time to rebalance. Thanks.
by k b
Sun Oct 04, 2020 12:15 pm
Forum: Personal Investments
Topic: What to speculate on?
Replies: 48
Views: 3179

What to speculate on?

Have $10-20K to "invest", thanks to Covid savings (WFH, no summer vacation, etc.) and some previous savings. This is not a very large portion of my NW (which is invested in a very BH way). So, I am willing to "speculate". Prefer to purchase a low load index mutual fund. Not looking for leveraged ETF...
by k b
Sat Sep 19, 2020 5:44 pm
Forum: Non-US Investing
Topic: International diversification and exchange rate hedging during retirement??
Replies: 3
Views: 696

Re: International diversification and exchange rate hedging during retirement??

Find the European equivalent of the three-fund portfolio and start accumulating it over the next 5 years in such a way that at least 50% of your portfolio is in EUR-denominated stocks and bonds. Buying property is another option (as mentioned above), but it requires upkeep until you actually move in...
by k b
Sat Sep 19, 2020 2:58 pm
Forum: Personal Consumer Issues
Topic: Retiring to Canada
Replies: 54
Views: 4362

Re: Retiring to Canada

Has anyone looked into retiring in Canada? If you have, what are the pros and cons? There's been a rather recent post here on BH about moving to Canada, and how difficult it can be. I found it rather discouraging, even for those who are fully self-supporting, and don't need the social services (e.g...
by k b
Sat Sep 19, 2020 2:38 pm
Forum: Personal Consumer Issues
Topic: Retiring to Canada
Replies: 54
Views: 4362

Re: Retiring to Canada

Has anyone looked into retiring in Canada? If you have, what are the pros and cons? There's been a rather recent post here on BH about moving to Canada, and how difficult it can be. I found it rather discouraging, even for those who are fully self-supporting, and don't need the social services (e.g...
by k b
Sat Sep 19, 2020 2:32 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

IMHO, the issue of 'single-country' basket is relevant to every country in the world - except for the one that constitutes approx 25% of the world's GDP. GDP / stock market USA: 25% / 58% EU: 21% / 14% China: 15% / 4.8% So how is GDP relevant? If you are not happy with GDP, you could use investable...
by k b
Sat Sep 19, 2020 2:02 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

IMHO, the issue of 'single-country' basket is relevant to every country in the world - except for the one that constitutes approx 25% of the world's GDP. GDP / stock market USA: 25% / 58% EU: 21% / 14% China: 15% / 4.8% So how is GDP relevant? If you are not happy with GDP, you could use investable...
by k b
Tue Sep 15, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

US investors able to invest in US companies get intl exposure via the companies they invest in. At least in 2016, US revenues are largely domestically driven, with 63% exposure vs: Revenue from US Europe -- 20% Japan -- 14% EM -- 8% Source: https://seekingalpha.com/article/4047433-where-global-equi...
by k b
Mon Sep 14, 2020 6:50 pm
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 16414

Re: Coping with Megacorp rat race

It’s too early to “give up”. I would say either find a less stressful job or find one that pays more in an area you might not necessarily enjoy. The best protection you can “buy” for your future self is good health and sufficient savings.
by k b
Mon Sep 14, 2020 6:42 pm
Forum: Personal Consumer Issues
Topic: Caretaker for parents?
Replies: 46
Views: 3120

Re: Caretaker for parents?

I think this would work only if you are willing to take a lot of external help for as many chores as possible. Would be difficult to handle both the physical and mental/ emotional responsibilities.
by k b
Mon Sep 14, 2020 6:36 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

Very broadly speaking, developed market equities correlate to US equities correlate (major divergence could happen anytime; my own prediction is 2021, when US markets take off) and EM equities correlate to US HY bonds. That is not what I see on portfoliovisualizer with actual investments for these ...
by k b
Sun Sep 13, 2020 8:45 pm
Forum: Personal Consumer Issues
Topic: What's this bug?
Replies: 34
Views: 2600

Re: What's this bug?

k b wrote: Sun Sep 13, 2020 10:29 am Stupid Q - how is this a 'personal consumer issue'? :D :D
Sorry, did not mean to create trouble. Was just a funny (?) remark. Glad to see that the discussion has been restored.
by k b
Sun Sep 13, 2020 8:43 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

Very broadly speaking, developed market equities correlate to US equities correlate (major divergence could happen anytime; my own prediction is 2021, when US markets take off) and EM equities correlate to US HY bonds. That is not what I see on portfoliovisualizer with actual investments for these ...
by k b
Sun Sep 13, 2020 10:29 am
Forum: Personal Consumer Issues
Topic: What's this bug?
Replies: 34
Views: 2600

Re: What's this bug?

Stupid Q - how is this a 'personal consumer issue'? :D :D
by k b
Sun Sep 13, 2020 10:28 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

This has been discussed ad nauseum. No one knows what’s right. But I can assure you that when international starts to outperform, we’ll see all kinds of threads about going 100% international, overweighting emerging markets, Lowering US because of high valuations etc. 👍 yup Yes we will see this for...
by k b
Sun Sep 13, 2020 10:26 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

Perfectly reasonable perspective! My own personal perspective is that 63% is still a lot of eggs in a single country-basket. IMHO, the issue of 'single-country' basket is relevant to every country in the world - except for the one that constitutes approx 25% of the world's GDP. Large basket = safe ...
by k b
Sun Sep 13, 2020 10:22 am
Forum: Personal Finance (Not Investing)
Topic: How are we doing?
Replies: 29
Views: 2971

Re: How are we doing?

I am a little unclear on the recommendation to pay off the car loan (never used one - I am one of those who buy lightly used cars on full payment) if it's only 0.9% p.a., if the 3-fund portfolio will earn more on average. Is it that one would rather not have debt (which I understand) or is 0.9% not...
by k b
Sat Sep 12, 2020 6:28 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

At least in 2016, US revenues are largely domestically driven, with 63% exposure vs: Revenue from US Europe -- 20% Japan -- 14% EM -- 8% Source: https://seekingalpha.com/article/4047433-where-global-equity-revenues-come-from This means 37% exposure to non-US markets, just by investing in US compani...
by k b
Sat Sep 12, 2020 12:55 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

US investors able to invest in US companies get intl exposure via the companies they invest in. At least in 2016, US revenues are largely domestically driven, with 63% exposure vs: Revenue from US Europe -- 20% Japan -- 14% EM -- 8% Source: https://seekingalpha.com/article/4047433-where-global-equi...
by k b
Sat Sep 12, 2020 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: How are we doing?
Replies: 29
Views: 2971

Re: How are we doing?

Thanks. You bring up a good point that I should have included. $11,000 of our $82,000 cash is in invested in a 3 fund portfolio at Vanguard. $10,000 is sitting in a boring Chase savings account and the rest is in a high-yield (haha) savings account. Well done! I will then amend my recommendation a ...
by k b
Sat Sep 12, 2020 12:23 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

US investors able to invest in US companies get intl exposure via the companies they invest in. At least in 2016, US revenues are largely domestically driven, with 63% exposure vs: Revenue from US Europe -- 20% Japan -- 14% EM -- 8% Source: https://seekingalpha.com/article/4047433-where-global-equi...
by k b
Sat Sep 12, 2020 10:46 am
Forum: Personal Finance (Not Investing)
Topic: How are we doing?
Replies: 29
Views: 2971

Re: How are we doing?

If your jobs are stable, you could open a brokerage account and invest some of the spare (ie., 82k LESS 6 months' expenses) cash in the 3 fund portfolio. Every few months, you could keep adding to this portfolio with any further spare cash you have then.

Good luck. You guys seem to be doing fine!
by k b
Sat Sep 12, 2020 10:41 am
Forum: Investing - Theory, News & General
Topic: Questions to ask a prospective financial advisor
Replies: 112
Views: 5015

Re: Questions to ask a prospective financial advisor

Please tell this couple not to sign anything or even sign up for anything at the first meeting. They should just take notes, come back and check some key points on this (BH) or a similar site.

They should do more research before handing over their assets to anyone.
by k b
Sat Sep 12, 2020 10:35 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10971

Re: Reasons to invest internationally, or not.

I don't understand this fixation of the average US investor to diversify internationally. Esp BH investors. Of course, EM will outperform from time to time. But history teaches us that this is accompanied by volatility and sometimes very heavy losses. US investors able to invest in US companies get ...
by k b
Mon Sep 07, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: reliable brokerage platform
Replies: 17
Views: 1182

Re: reliable brokerage platform

Okay. Looks like the Merrill platform isn't great? (OP also uses Merrill).

I agree that confidence is key. I was just saying that a one-day outage shouldn't make a big difference to someone with a BH-portfolio, unless there is a special circumstance.
by k b
Mon Sep 07, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: reliable brokerage platform
Replies: 17
Views: 1182

Re: reliable brokerage platform

Unless you are day trading, why would this be an issue if your platform is otherwise satisfactory and their customer service acceptable? Of course, you could have had a special situation on 9/3 and you might worry about a repeat of that situation. In that case, your worry might be appropriate. My po...
by k b
Mon Sep 07, 2020 9:57 am
Forum: Personal Investments
Topic: Switch employers - Transfer of old 401k to new employer
Replies: 29
Views: 1930

Re: Switch employers - Transfer of old 401k to new employer

From the destination broker, initiate an asset transfer. You will need to spend 5-10 minutes providing information, including a recent WFC broker statement. Thereafter, your broker (whether Vanguard for 401k or someone else for Trad IRA) will follow up to get it done. I know that Fidelity has a good...
by k b
Mon Sep 07, 2020 9:50 am
Forum: Non-US Investing
Topic: hedging of local currency
Replies: 15
Views: 836

Re: hedging of local currency

I have one very specific question on the strategy for my investments. I am from Czech republic, EU, and my country has its own currency - czech koruna - on free floated fx rate. As the country is european emerging market, during the recessions like this one, the local currency weakens against euro ...
by k b
Mon Sep 07, 2020 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Any gaps in our thinking?
Replies: 46
Views: 3533

Re: Any gaps in our thinking?

I am a strong believer that solid school education is the best 'gift' you could give your kids. Of course, there is a balance between pvt and public schools. A strong schooling district certainly gets my vote. Financially, you seem to be well-prepared. Couple of points: expensive school districts ar...
by k b
Mon Sep 07, 2020 8:30 am
Forum: Investing - Theory, News & General
Topic: Why do people end up with 10-15 funds in their 401k?
Replies: 60
Views: 4769

Re: Why do people end up with 10-15 funds in their 401k?

Another answer is that - from time to time - they identify a sector (biotech or whatever) or region (EM?) and try to find funds that provide such exposure.
by k b
Mon Sep 07, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: Has anyone invested in ETN before? Better than Nasdaq?
Replies: 10
Views: 592

Re: Has anyone invested in ETN before? Better than Nasdaq?

Or, if you are really particular, research how exchange traded options and futures work. Risky, but at least liquid.

History teaches us that fancy notes and funds are for when the going is good.
by k b
Mon Sep 07, 2020 8:26 am
Forum: Investing - Theory, News & General
Topic: Has anyone invested in ETN before? Better than Nasdaq?
Replies: 10
Views: 592

Re: Has anyone invested in ETN before? Better than Nasdaq?

Better to look at opening a Robinhood (or similar) account that offers fractional shareholding than to invest in an 18 year note. Many things change in 18 years. Retain the flexibility to sell when you want to (no longer interested, made enough money, need cash, whatever). ETNs usually redeem at a ...