Search found 159 matches

by corp_sharecropper
Mon Mar 30, 2020 4:43 pm
Forum: Investing - Theory, News & General
Topic: What is the thought behind index ETF/funds that are "ex-financials"?
Replies: 5
Views: 182

Re: What is the thought behind index ETF/funds that are "ex-financials"?

Are these REIT funds? Most people think of REITs as companies that invest in real estate. They are a distinct sector. However, there is a second class of REITs which are "financial REITs". They invest in real estate mortgages. For tax purposes they are REITs. However they act more like banks. After...
by corp_sharecropper
Mon Mar 30, 2020 4:29 pm
Forum: Investing - Theory, News & General
Topic: What is the thought behind index ETF/funds that are "ex-financials"?
Replies: 5
Views: 182

What is the thought behind index ETF/funds that are "ex-financials"?

Why are there index ETFs and funds with the qualifier "ex-financials'? At least I can't think of other broad indexes which are tracked minus a specific sector other than financials, which leads me to believe there is something in particular about financials that at least some investors don't want ex...
by corp_sharecropper
Mon Mar 30, 2020 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4610
Views: 885411

Re: What's Your Credit Card Rewards Strategy?

My wife & I never really used credit cards much before, and certainly not with any aim/thought of any rewards features. However, somewhat recently we got the fidelity 2% cash back card and I now realize these rewards can really add up. I'm not too interested in earning airline miles or anything, jus...
by corp_sharecropper
Sun Mar 29, 2020 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Is there such a thing like an option for the right to buy an airline ticket?
Replies: 2
Views: 242

Is there such a thing like an option for the right to buy an airline ticket?

Completely disregard the current situation, let's go back in time to before COVID. Let's say I live 1200mi from my hometown where my rather extensive family still lives. I know there is a high likelyhood of a family emergency in the next 90 days. Basically, let's say I would like to feel assured tha...
by corp_sharecropper
Sat Mar 28, 2020 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: how much cash do you keep at home?
Replies: 116
Views: 6422

Re: how much cash do you keep at home?

Not enough. I won't make that mistake again. Whether it really ever comes into play, that's unlikely and hasn't happened, but I'd sleep better knowing I had $5k-$10k in my safe. I'm willing to take the inflation and opportunity cost on that amount. One of the lessons I've recently learned is that it...
by corp_sharecropper
Sat Mar 28, 2020 2:47 pm
Forum: Personal Investments
Topic: "Moving" taxable savings to Roth IRA via mega backdoor? Looking for peer review.
Replies: 2
Views: 242

"Moving" taxable savings to Roth IRA via mega backdoor? Looking for peer review.

Let's say that after bonuses, stock awards, and tax refund we have some "extra" cash laying around. Let's say, $25K, for arguments sake. Assume that normally we max 401k, backdoor Roth IRA, HSA, but after that there's just not enough left over to save beyond that, at least during "normal" pay period...
by corp_sharecropper
Sat Mar 28, 2020 12:30 am
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 23
Views: 1649

Re: Penalty-free withdrawals from 401(k)s

$109 commission to the person who figures out a way to pull $100K out and roll/convert or otherwise get it into a Roth IRA. I don't want to pay for all this madness later on through taxes.
by corp_sharecropper
Sat Mar 28, 2020 12:23 am
Forum: Investing - Theory, News & General
Topic: 90% of individual investors at Vanguard are staying the course
Replies: 44
Views: 4178

Re: 90% of individual investors at Vanguard are staying the course

If they have not traded, their asset allocation has veered towards a larger bonds component. It would seem like they have not stayed the course in terms of AA. On the other hand, stocks are now much more risky than in January, so by decreasing stock holdings they may have stayed closer to their ini...
by corp_sharecropper
Sat Mar 28, 2020 12:01 am
Forum: Personal Investments
Topic: Can Real Estate Replace Bonds?
Replies: 19
Views: 1059

Re: Can Real Estate Replace Bonds?

I think the right RE, invested personally or in a private sort of venture, is far better than bonds. I don't think any publicly available REIT or REIT fund is. A bunch of properties with section 8 gov rental checks coming in feels warm & cozy right now compared to cash tenants who just lost their jo...
by corp_sharecropper
Fri Mar 27, 2020 11:32 pm
Forum: Investing - Theory, News & General
Topic: Interesting read: "Analyzing the Effects of Aggressive Rebalancing During Bear Markets"
Replies: 11
Views: 1140

Re: Interesting read: "Analyzing the Effects of Aggressive Rebalancing During Bear Markets"

One of the perks of 100/0! You just :sharebeer and don't need to worry about this and then when you come back up for air, after the storm, you get to :sharebeer again!
by corp_sharecropper
Fri Mar 27, 2020 7:51 pm
Forum: Personal Investments
Topic: rolling an old 401k into a brokerage account
Replies: 4
Views: 214

Re: rolling an old 401k into a brokerage account

I have an old 401k account with about 18K that I have not been actively managing. I want to use this as "play money" in a self directed brokerage where I can pick my own stocks and do some options trading. Anyone care to provide what are my best options for this? thanks If it's a 401k I would imagi...
by corp_sharecropper
Thu Mar 26, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: Is there a point where Gov intervention is harming/distorting/rendering-useless calculated risks/choices of investors?
Replies: 5
Views: 539

Is there a point where Gov intervention is harming/distorting/rendering-useless calculated risks/choices of investors?

I realize that, yes, pretty much any investment has some degree of legislative/regulatory exposure to Fed/Gov intervention in the market place, and investors ought to take that into account. But.... It seems like if the Gov/Fed is ALWAYS going to come to the rescue of any sector anytime they're look...
by corp_sharecropper
Tue Mar 24, 2020 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: What have you learned from this situation that you will take action on?
Replies: 122
Views: 9387

Re: What have you learned from this situation that you will take action on?

I've made some difficult decisions over the last six months. Basically, I spent a lot on building my emergency fund. My friend told me to get out of the stock market in February and I did not listen to him. I keep hearing something in the background telling me to stay the course. Sort of like the "...
by corp_sharecropper
Mon Mar 23, 2020 10:11 am
Forum: Personal Finance (Not Investing)
Topic: What have you learned from this situation that you will take action on?
Replies: 122
Views: 9387

What have you learned from this situation that you will take action on?

I feel like nearly everyone except maybe the most ultimately financially secure people have learned something about themselves, their financial circumstances, or their outlook due to the unusual nature of the present crisis. I certainly have. I have learned that the urge to optimize every last penny...
by corp_sharecropper
Fri Mar 20, 2020 9:50 am
Forum: Personal Investments
Topic: What does having a Fidelity adviser entail? Should I be concerned about parents & in-laws.
Replies: 14
Views: 689

What does having a Fidelity adviser entail? Should I be concerned about parents & in-laws.

I am LOATH to involve myself in any way with the finances of others. As it happens, both my parents & my in-laws (both in retirement) have their assets at Fidelity and each have "their guy" there, which I take to mean an adviser that manages their investments to whatever degree is typical. I have ne...
by corp_sharecropper
Mon Mar 16, 2020 5:26 pm
Forum: Personal Investments
Topic: Is my refusal to address rebalancing right now irresponsible/unbogle? Or can it be justified?
Replies: 19
Views: 1478

Is my refusal to address rebalancing right now irresponsible/unbogle? Or can it be justified?

No, my IPS doesn't say anything about this, particularly my current feelings on WHY, I'll address that shortcoming at a later, less volatile, more "sober" time. I did an IPS overhaul at the end of last year, it was really the first IPS I've made where I felt informed enough and confident in my under...
by corp_sharecropper
Mon Mar 16, 2020 9:28 am
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 U.S. Balanced Fund [NTSX]
Replies: 222
Views: 15485

Re: WisdomTree 90/60 U.S. Balanced Fund [NTSX]

PluckyDucky wrote:
Mon Mar 16, 2020 9:11 am
NTSX is showing down 17.6% right now with SPX only down 9.67% per Yahoo Finance.

:shock:
Not seeing what you're seeing
by corp_sharecropper
Sun Mar 15, 2020 6:48 pm
Forum: Personal Investments
Topic: Vanguard Vs Schwab
Replies: 33
Views: 1973

Re: Vanguard Vs Schwab

Fidelity has lower cost index funds. You might consider them, too. The main difference is their corporate governance: - Schwab is publicly traded. They clearly communicate to their investors that they generate profit off keeping customer cash balances in low yielding accounts. You can usually avoid...
by corp_sharecropper
Sun Mar 15, 2020 6:31 pm
Forum: Investing - Theory, News & General
Topic: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20
Replies: 396
Views: 19609

Re: Impact of the Federal Reserve cutting rates

Too bad the Fed decided to do whatever it takes to save equities, at all costs, for decades, even during totally minor downturns. Feels like we've totally sacrificed fixed income, fiscal responsibility, and pensions the last few decades in the quest to prevent a some bad quarters for equities. Now, ...
by corp_sharecropper
Sun Mar 15, 2020 3:48 pm
Forum: Investing - Theory, News & General
Topic: Safety and accessibility of Money Market Funds if Market is Closed or Liquidity Dries Up
Replies: 11
Views: 709

Re: Safety and accessibility of Money Market Funds if Market is Closed or Liquidity Dries Up

Sure it is very possible there will be issues. Every First world economy in Europe will likely be defaulting. Italy for sure, and likely Spain and Germany also. That will cause many banks to be insolvent since they hold a lot of debt notes from those contries that will not be paid. At the end of th...
by corp_sharecropper
Sat Mar 14, 2020 5:42 pm
Forum: Investing - Theory, News & General
Topic: Was there rampant cheating on taxes prior to the "covered shares" law?
Replies: 14
Views: 810

Re: Was there rampant cheating on taxes prior to the "covered shares" law?

I find it somewhat hard to believe that in a scenario where Wall Street/investors, a cross section of the population more concerned with taxation (and tax minimization) than nearly anyone aside from some crazy "sovereign citizen" types, is on the honor system for reporting their tax basis, does not ...
by corp_sharecropper
Sat Mar 14, 2020 2:48 pm
Forum: Investing - Theory, News & General
Topic: Was there rampant cheating on taxes prior to the "covered shares" law?
Replies: 14
Views: 810

Was there rampant cheating on taxes prior to the "covered shares" law?

Curious about what prompted Congress to pass the law requiring brokerages to report client cost basis. I believe in 2011. Was there suspected rampant tax cheating or something? Has anyone done some sort study of tax revenues pre/post this law that points to anything? This was all before my time as a...
by corp_sharecropper
Fri Mar 13, 2020 6:59 pm
Forum: Personal Investments
Topic: Still a fan of small value?
Replies: 97
Views: 4339

Re: Still a fan of small value?

My small value got demolished, esp DFA target value I. Are we still fans of this asset class? Its been a nightmare this year for me. Responsible for much of my loses. May reduce my asset allocation to 10%. 401k as been poor place to put it given volatility as I can't TLH. I have never seen serious/...
by corp_sharecropper
Wed Mar 11, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: The end of cruise ships
Replies: 198
Views: 20535

Re: The end of cruise ships

Don't take this as investment advice but... I've always thought the idea (and experience, as I was one time coaxed into going on a cruise with two other couples) of cruises was, well just a disgustingly vulgar interpretation of a vacation. I mean really, I don't want to ever be on a ship containing ...
by corp_sharecropper
Wed Mar 11, 2020 5:05 pm
Forum: Investing - Theory, News & General
Topic: Understanding risk as it relates to money market funds, SPIC, and FDIC/NUAC.
Replies: 0
Views: 125

Understanding risk as it relates to money market funds, SPIC, and FDIC/NUAC.

Is there a good write up that explains/compares the risk of holding cash in prime money market funds vs FDIC/NUAC insured banks? Like what scenarios could/have caused MMFs to break the buck, what exactly that means for your balance, when should you be concerned, etc... Is there a point where MMF yie...
by corp_sharecropper
Wed Mar 11, 2020 12:26 pm
Forum: Investing - Theory, News & General
Topic: Real numbers comparison between mutual funds and ETFs in taxable account?
Replies: 2
Views: 164

Real numbers comparison between mutual funds and ETFs in taxable account?

I can't believe I'm struggling to find this information so I figured I'd just ask it. Is there a head to head graphic/chart showing the potential difference in return/balances of two equivalent index funds, one being an ETF, the other a mutual fund, both held in a taxable account? I'm interested in ...
by corp_sharecropper
Wed Mar 11, 2020 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Fixing tax withholding, any tips/strategy for form W4?
Replies: 1
Views: 162

Fixing tax withholding, any tips/strategy for form W4?

Dual income household (1 job each), two young children, currently our W4's have 0 allowances and both are "married but withholding at a single rate". I believe this is leftover from a surprise tax liability that we had years ago before kids. However, the last two years we've had huge tax refunds, mo...
by corp_sharecropper
Tue Mar 10, 2020 6:47 pm
Forum: Investing - Theory, News & General
Topic: Understanding the psychology of some boglehead posters.
Replies: 38
Views: 1915

Re: Understanding the psychology of some boglehead posters.

It just completely shocked me that I can ask a question and have 1. people ignore the entire question. 2. have people impute a subjective intention. 3. respond to the subjective intention. That completely baffles me. I don't do this. The subjective intention of the one asking is completely irreleva...
by corp_sharecropper
Tue Mar 10, 2020 6:40 pm
Forum: Investing - Theory, News & General
Topic: Understanding the psychology of some boglehead posters.
Replies: 38
Views: 1915

Re: Understanding the psychology of some boglehead posters.

As I was reading, I can self identify with some aspects of what you are describing but not really with the negative preaching part... But when you made an example and I read "TomCat" I immediately scrolled back up to see your username as it instantly reminded me of, well, you... And your posts, whic...
by corp_sharecropper
Sat Mar 07, 2020 7:17 pm
Forum: Personal Investments
Topic: Mega Roth After tax contribution
Replies: 25
Views: 1134

Re: Mega Roth After tax contribution

Thank you @1789.. Unfortunately I only see percentages listed in my contributions page. Agree they are trying to make it easier yet, reads your brokerage link is the same, mine jumbles everything up. At this point I only have two ETF's listed and my fidelity cash account. I read an article which wa...
by corp_sharecropper
Tue Mar 03, 2020 10:10 pm
Forum: Investing - Theory, News & General
Topic: Do paid, AUM-style, advisors actually hand pick all those funds to match the client?
Replies: 27
Views: 1483

Do paid, AUM-style, advisors actually hand pick all those funds to match the client?

I've always wondered when you read these stories of people looking at their parents', or whoever's, portfolio that is currently being managed by some advisor that's taking 1% AUM off the top and justifying it with 50+ arcane holdings... Do these advisors actually work for that 1% and dig into the re...
by corp_sharecropper
Tue Mar 03, 2020 9:42 pm
Forum: Personal Investments
Topic: Any seamless way to switch from mutual funds to ETFs, without being out of the market? (at Fidelity)
Replies: 7
Views: 682

Re: Any seamless way to switch from mutual funds to ETFs, without being out of the market? (at Fidelity)

Buy a modestly lower amount of your desired ETF at 3:55pm EST then sell all the MT at 4pm (have that setup in advance, less buttons to press while short for time). Only a mild amount of your exposure will be out of the market. If you have bonds in your AA I’d consider the excess cash bonds and adju...
by corp_sharecropper
Tue Mar 03, 2020 6:57 pm
Forum: Personal Investments
Topic: Any seamless way to switch from mutual funds to ETFs, without being out of the market? (at Fidelity)
Replies: 7
Views: 682

Any seamless way to switch from mutual funds to ETFs, without being out of the market? (at Fidelity)

I have a mix of mutual funds and ETFs in my/wife's Roth IRAs, which are at Fidelity. Originally this came to be because I preferred the MF dollar based transaction methods (and it allowed me to buy in with every last cent) but there were also asset classes I wanted where ETFs were the easy or only l...
by corp_sharecropper
Mon Mar 02, 2020 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payments with Fidelity as a one stop shop
Replies: 16
Views: 1026

Re: Mortgage payments with Fidelity as a one stop shop

How do people pay their mortgage with Fidelity when they are set up as a one stop shop? Do you: A. Give your mortgage company you account number? or B. Use Fidelity Bill pay? If Bill pay, does Fidelity offer automatic payments based on the e-bill that Fidelity gets from your mortgage company (once ...
by corp_sharecropper
Mon Mar 02, 2020 10:37 pm
Forum: Investing - Theory, News & General
Topic: Okay, now when you do buy back in?
Replies: 230
Views: 21266

Re: Okay, now when you do buy back in?

OP, this is exactly what I learned right here, and I believe what you're getting at... and the beauty of following the wisdom of bonafide legends of investing, people who have been there, through this, and done that. I don't need to make the same mistakes to learn all over again like the 99.99% of h...
by corp_sharecropper
Sun Mar 01, 2020 7:33 pm
Forum: Personal Investments
Topic: rebalancing fidelity 401k
Replies: 3
Views: 360

Re: rebalancing fidelity 401k

Do you have access to FZROX (as an alternative to FSKAX and FXAIX)? FZROX is one of their "ZERO" funds, US total stock market with a 0% expense ratio. Are these investment options via Fidelity Netbenefits or do you have the BrokerageLink option?
by corp_sharecropper
Sun Mar 01, 2020 6:21 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 528
Views: 36520

Re: Anybody want to guess the bottom of this "dip"?

I have question that stems from this thread and surprisingly finding it difficult to figure it out from Google. 1) what are the days/hours the market (I believe CME) is open for S&P e-mini futures? 2) is there an agreed upon e-mini futures month that is the one most referenced or tracked? 3) how can...
by corp_sharecropper
Fri Feb 28, 2020 7:59 pm
Forum: Investing - Theory, News & General
Topic: Are you glad to have bonds in your AA? I am.
Replies: 76
Views: 4631

Re: Are you glad to have bonds in your AA? I am.

I'm 88/12 stocks to bonds. Honestly, I have no regrets and I'm not sure I even notice any benefit from the 12% bonds, I mean it just doesn't matter at all being down a tiny bit less than 100% equities. Makes me think I should in fact just be 100% equities given the way it is affecting me (it's just ...
by corp_sharecropper
Fri Feb 28, 2020 6:53 pm
Forum: Personal Investments
Topic: How is AA across multiple accounts easier/simpler than mirrored AA?
Replies: 13
Views: 733

Re: How is AA across multiple accounts easier/simpler than mirrored AA?

OP here, did not get hit by a truck this morning so all good here. My main difficulty with allocating across accounts likely stems from the my desired slice & dice AA but with by far the largest account being really only suitable for a 3 fund AA (but very low fees, someone desiring a 3 fund would be...
by corp_sharecropper
Thu Feb 27, 2020 11:37 pm
Forum: Investing - Theory, News & General
Topic: 8 days [From new S&P 500 high to 12% correction]
Replies: 64
Views: 6198

Re: 8 days

Even if we do get a recessionary drawdown in the U.S. stock market of, say, 25%-30% during this coronavirus pandemic, it should be kept in mind that prior to the coronavirus scare, we weren't seeing the kind of excesses in the U.S. financial markets and economy that we saw in the run-up to the 2000...
by corp_sharecropper
Thu Feb 27, 2020 9:24 pm
Forum: Personal Investments
Topic: How is AA across multiple accounts easier/simpler than mirrored AA?
Replies: 13
Views: 733

How is AA across multiple accounts easier/simpler than mirrored AA?

In the process of an account/portfolio overhaul (completely unrelated to Covid19, overall equity to bonds ratio will remain unchanged). I've so often read that people feel it is easier or more simple to allocate across their accounts by choosing the fewest number of funds possible per account. As I'...
by corp_sharecropper
Thu Feb 27, 2020 8:36 pm
Forum: Personal Investments
Topic: Yuck... RSU's vested today. So much for the grand spending plans. But the taxes seem astronomic.
Replies: 17
Views: 1814

Yuck... RSU's vested today. So much for the grand spending plans. But the taxes seem astronomic.

Wife had some RSUs vest today, unfortunately we really wanted to use some of it immediately. They're going to be sold to buy into our AA now and we're putting the original plans on hold. That said, we netted approximately 58.7% of the granted shares after the tax withholding which is controlled by t...
by corp_sharecropper
Tue Feb 25, 2020 11:50 pm
Forum: Personal Investments
Topic: Bond holdings in BrokerageLink?
Replies: 8
Views: 519

Re: Bond holdings in BrokerageLink?

All my 401k funds are in brokeraglink and I use FXNAX for bonds. No issues so far. The only issue is that you would have to manually buy every time there is a contribution. At least, I haven't figured out a way to do it automatically 100% of my 401k goes to BrokerageLink and is automatically invest...
by corp_sharecropper
Tue Feb 25, 2020 11:25 pm
Forum: Personal Investments
Topic: What did you learn from the 2/24 sell off?
Replies: 327
Views: 21343

Re: What did you learn from the 2/24 sell off?

What I learned: bogleheads.org disappointed me. I'm disappointed with the hysteria and drama of a few bad days that I have to sift through to find more calm/measured discussions that teach me finance/investing. The facade of "stay the course" appears to be just that, a facade for many, and I'm not s...
by corp_sharecropper
Mon Feb 24, 2020 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1451
Views: 199514

Re: Fidelity as a one stop shop

So, if one has enough assets (I am not sure how much though - can someone clarify?), one does not need the CMA. Everything a CMA does can be done via a brokerage account. Is all of this correct? A brokerage account also has a debit card? Any reason to open two brokerage accounts for fraud purposes ...
by corp_sharecropper
Sun Feb 23, 2020 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1451
Views: 199514

Re: Fidelity as a one stop shop

Replying to the poster immediately two above, you do realize that yesterday was Saturday and today is Sunday, neither of which are banking or market days? Other than acknowledging the deposit by showing it as a "cash credit" and "uncollected deposit", nothing has happened with it yet nor will anyth...
by corp_sharecropper
Sun Feb 23, 2020 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1451
Views: 199514

Re: Fidelity as a one stop shop

Got a new question for the boglehead hive-mind (keeps happening, and I get great results :sharebeer ). I have the CMA $0 balance + brokerage overdraft setup like many others here. I recently deposited a check, via the Fidelity app, this was yesterday. I deposited it into the brokerage of course. The...
by corp_sharecropper
Sun Feb 23, 2020 10:19 am
Forum: Personal Investments
Topic: Why are tax lots/basis tracked in tax advantaged accounts?
Replies: 5
Views: 713

Why are tax lots/basis tracked in tax advantaged accounts?

I just noticed that Fidelity tracks "tax lots" and basis in both my 401k and Roth IRA. They even allow me to set the order preference of how I would want to sell lots in the Roth IRA. Why would this info even matter in a tax advantaged account? So the government can break its promise years from now ...
by corp_sharecropper
Sat Feb 22, 2020 1:59 pm
Forum: Personal Investments
Topic: How is an HSA account managed between two people (a married couple)?
Replies: 3
Views: 332

How is an HSA account managed between two people (a married couple)?

We have an HSA via the HDHP health plan offered by my wife's employer. I have declined health coverage through my employer and my wife's HDHP covers our entire family (wife, me, and two young children). I don't know of any way to access the account other than using her login credentials at HSA Bank....