Search found 230 matches

by boglesmind
Fri Apr 17, 2020 10:17 pm
Forum: Investing - Theory, News & General
Topic: Munger/Buffett on riding out the storm
Replies: 76
Views: 10455

Re: Munger/Buffett on riding out the storm

Charlie made a comment in the WSJ article that was the buried lead. "I don't think we know exactly what the macroeconomic consequences are going to be. I do think, sooner or later, we'll have an economy back, which will be a moderate economy. It's quite possible that never again-not again in a long...
by boglesmind
Sun Mar 29, 2020 3:14 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 491
Views: 41557

Re: The Calm Post - Stay the course thread.

Nice thread! Went through two major bear markets -- dot-com implosion of 2000, financial crisis of 2008 -- and smaller ones of 2011, 2018, during all of which we were employed and continue to save and contribute to our taxable and tax-deferred accounts. We never changed our allocation (95% stocks an...
by boglesmind
Wed Jan 22, 2020 9:32 pm
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 26554

Re: Sad news: LadyGeek's husband has passed

Ladygeek,
My deepest condolences to you and many thanks for sharing your story for the benefit of others.
We Bogleheads appreciate all the work you do to keep this forum a great place to learn and share.

Boglesmind
by boglesmind
Tue Jan 21, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard tax documents now becoming available
Replies: 32
Views: 3740

Re: Vanguard tax documents now available - MAYBE

This may be true IF the only holdings you have are Vanguard mutual funds . I have some CDs, and one bond. I have no tax forms available. Here is Vanguard's published timeline: 1099-R What it's used for To determine if any of your retirement account transactions resulted in taxable income and/or may...
by boglesmind
Tue Jan 07, 2020 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about Fidelity Solo 401k
Replies: 17
Views: 1108

Re: Questions about Fidelity Solo 401k

Another Vanguard disadvantage. Vanguard does not allow employee eligibility restrictions. You must terminate or amend a Vanguard Individual 401k before hiring any employees including your children. All of the other low-cost one-participant 401k plan providers allow the election of exclusions of emp...
by boglesmind
Mon Jan 06, 2020 2:39 pm
Forum: Personal Investments
Topic: If not for fixed income, why Vanguard?
Replies: 109
Views: 6584

Re: If not for fixed income, why Vanguard?

It's things like being able to do an entire Backdoor Roth IRA process in one 5 minute phone call with Fidelity that takes a week and an hour on the phone at Vanguard. It gets old after 2 or 3 times. White Coat investor, I read your blog occasionally and like it and appreciate your contributions to ...
by boglesmind
Mon Jan 06, 2020 2:06 pm
Forum: Personal Investments
Topic: If not for fixed income, why Vanguard?
Replies: 109
Views: 6584

Re: If not for fixed income, why Vanguard?

These threads are getting ridiculous. This is basically trolling now. Vanguard is not bad. It works. It's good enough. I don't understand the constant slamming. Nothing they do or don't do is good enough. Is this just to elicit a reaction from those that use it? If so, that's the very definition of...
by boglesmind
Mon Jan 06, 2020 1:05 pm
Forum: Personal Investments
Topic: If not for fixed income, why Vanguard?
Replies: 109
Views: 6584

Re: If not for fixed income, why Vanguard?

These threads are getting ridiculous. This is basically trolling now. Vanguard is not bad. It works. It's good enough. I don't understand the constant slamming. Nothing they do or don't do is good enough. Is this just to elicit a reaction from those that use it? If so, that's the very definition of...
by boglesmind
Mon Jan 06, 2020 12:51 pm
Forum: Personal Investments
Topic: If not for fixed income, why Vanguard?
Replies: 109
Views: 6584

Re: If not for fixed income, why Vanguard?

At some point I will no longer be managing my holdings. That responsibility will fall on DW or my heirs. I trust Vanguard more than the others to not take advantage of them. I believe that the low cost funds at those companies are loss leaders and they would take every opportunity to sell expensive...
by boglesmind
Mon Jan 06, 2020 12:44 pm
Forum: Personal Investments
Topic: If not for fixed income, why Vanguard?
Replies: 109
Views: 6584

Re: If not for fixed income, why Vanguard?

With its antiquated 1992 website, with limited customer service ... With incorrect premises such as these, any conclusions will be erroneous. Yeah, you're right in that I'm exaggerating. However, the Vanguard's customer service and website is inferior to the other - by just about any measure, I thi...
by boglesmind
Mon Jan 06, 2020 12:31 pm
Forum: Personal Investments
Topic: If not for fixed income, why Vanguard?
Replies: 109
Views: 6584

Re: If not for fixed income, why Vanguard?

These threads are getting ridiculous. This is basically trolling now. Vanguard is not bad. It works. It's good enough. I don't understand the constant slamming. Nothing they do or don't do is good enough. Is this just to elicit a reaction from those that use it? If so, that's the very definition of...
by boglesmind
Sun Jan 05, 2020 11:24 pm
Forum: Personal Investments
Topic: If not for fixed income, why Vanguard?
Replies: 109
Views: 6584

Re: If not for fixed income, why Vanguard?

Am I the only one who likes the Vanguard website/mobile site? My GF has Schwab accounts and I find their website a complex mess of a layout. The Vanguard site seems pretty good to me, but maybe I am not doing certain actions that others are. + Infinity. We have accounts at Vanguard and Fidelity. Ha...
by boglesmind
Thu Jan 02, 2020 7:36 pm
Forum: Personal Investments
Topic: Sister wants advice since I disagreed with her financial advisers.
Replies: 141
Views: 13653

Re: Sister wants advice since I disagreed with her financial advisers.

What a mess. Frankly I would steer clear of this situation. She seems like the type that will blame you when the market underperforms. If you must help, here is what I would focus on: Where is the rest of your sisters money going after their ~ $96k in expenses. Even after taxes, I would expect at l...
by boglesmind
Tue Dec 24, 2019 1:04 am
Forum: Personal Finance (Not Investing)
Topic: Questions about Fidelity Solo 401k
Replies: 17
Views: 1108

Re: Questions about Fidelity Solo 401k

I found two disadvantages of using Fidelity for my solo 401k vs. Vanguard. 1. Fidelity does not have electronic fund transfer for the transaction. Huge hassle 2. Fidelity does not offer Roth 401k within the solo 401k. And third, Vanguard completed my setup on the phone in 15 minutes. SOO much easie...
by boglesmind
Thu Dec 19, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about Fidelity Solo 401k
Replies: 17
Views: 1108

Re: Questions about Fidelity Solo 401k

If you are trying to transfer a tIRA to your Solo 401k by the end of the year, you better get going. I started the process on 12/5 and it is still not complete. Oh boy. Did you do it by mail or in person? Did the ever tell you what they wanted in the “Letter of Instruction”? I suppose i am using th...
by boglesmind
Thu Dec 19, 2019 1:34 pm
Forum: Investing - Theory, News & General
Topic: Not Experiencing Any Problems With Vanguard
Replies: 90
Views: 7151

Re: Not Experiencing Any Problems With Vanguard

We have been with Vanguard since 2005, currently have all accounts (joint taxable account, 2 Roth IRAs, and my rollover IRA) with Vanguard, and invest only in Vanguard index funds. We have never had any problems with Vanguard. The customer service has always been prompt, professional and courteous....
by boglesmind
Tue Dec 10, 2019 1:40 pm
Forum: Personal Investments
Topic: Transfer in kind of a closed Vanguard Fund, IRA to Roth?
Replies: 4
Views: 355

Re: Transfer in kind of a closed Vanguard Fund, IRA to Roth?

Thank you for your reply, Rick. Yes, I did mention Roth conversion in my post. I've done several Roth conversions over the years, but they have been cash transfers. I could sell some of my Primecap in my IRA, but since it is a closed fund, I wouldn't be able to initiate a new Primecap purchase in m...
by boglesmind
Sun Dec 08, 2019 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Transition at Vanguard
Replies: 41
Views: 5244

Re: Transition at Vanguard

Hmmm, I think we have also thank all the test subjects that Vanguard beheaded on the way to getting the transition so smooth. Did you get a warning that it is likely that you will get two sets of 1099's this year if you have a taxable account? I guess we're one of the test subjects but with our hea...
by boglesmind
Sat Nov 23, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20866

Re: Vanguard brokerage account transition

Is there anyway the Bogleheads could provide a formal request to Vanguard to provide true "year to date" statements? Vanguard folks monitor this forum regularly, so you can bet they've already seen this thread. Thanks Mel! Hopefully they will see this and consider. Another vote for "year to date" s...
by boglesmind
Mon Nov 18, 2019 4:06 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2955
Views: 526449

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

24% Great, since everything is on autopilot. Was shocked until I looked at my numbers for past 2 years - I forgot about the ~14% drop in 4Q 2018 im global weight so essentially treading water since the high in feb of 2018. if i were 100% US the performance would be better but still not amazing, fro...
by boglesmind
Wed Nov 13, 2019 4:22 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 416
Views: 398105

Re: A time to EVALUATE your jitters

Jeffrey Gundlach? :oops: See Here’s the price to be paid for listening to ‘Armageddonist’ predictions from the likes of Soros, Icahn and Gundlach https://i.postimg.cc/FKCz8kLH/MW-HV145-armage-20191113045802-NS.png This 8 yr old thread just proves once again the old adage that "time in the market" is...
by boglesmind
Sat Nov 09, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: shocking hospital fee estimate
Replies: 45
Views: 4340

Re: shocking hospital fee estimate

Triple check that EVERYTHING is going to be in your network. The other risk is that your anesthesiologist calls in sick the morning of the surgery and another anesthesiologist stands in. EXCEPT this doctor is not in your network, now you get to pay the $3k that you thought would be $2k PLUS an out ...
by boglesmind
Tue Oct 29, 2019 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 51
Views: 7905

Re: Yet another CP2000 for Roth IRA conversion thread

Updated my original post as well Update 29 Oct Aug 17 Sent response to IRS Aug 19 Received return receipt Sep 23 Received IRS standard acknowledgement letter claiming 60 days to process the information Oct 29 Received IRS response letter dated Oct 15 saying "Your 2017 Form 1040 Inquiry is closed. Am...
by boglesmind
Thu Oct 10, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Why did DW (Dear Wife) receive a NetSpend Pre-paid Mastercard?
Replies: 4
Views: 874

Re: Why did DW (Dear Wife) receive a NetSpend Pre-paid Mastercard?

In today's mail DW received a prepaid Mastercard (empty, of course). DW did not apply, and has great credit (actually a few points higher than me as my credit cards always have much higher charges each month), her credit is in the 800's under any provided credit score. As well, we both have our cre...
by boglesmind
Sun Aug 18, 2019 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 51
Views: 7905

Re: Yet another CP2000 for Roth IRA conversion thread

The second issue reported in CP2000 is completely weird. It claimed our return had $400 in qualified dividends (QDI) but Vanguard supposedly reported $600 as QDI in 1099-Div which is completely wrong. Vanguard brokerage reported in excess of $10K as QDI and we reported the exact same amount on line...
by boglesmind
Sat Aug 17, 2019 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 51
Views: 7905

Re: Yet another CP2000 for Roth IRA conversion thread

Joining the CP2000 crowd. I received a letter today for our backdoor Roth contributions in 2017. Prepared a response and sending it back. Will update the thread with the IRS's response. Me too. Received a CP2000 today for 2017 return re: 1. Roth IRA conversion and 2. QDI. Turbo tax filled out 8606 ...
by boglesmind
Sat Aug 10, 2019 11:11 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 384459

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

You need to download Simba's spreadsheet to replicate the analysis. Then you need to create a portfolio with 40% UPRO (3x S&P 500) and 60% no-yield cash. And you need to create another portfolio with 60% TMF (3x long term treasuries) and 40% no-yield cash. These are the two components driving the r...
by boglesmind
Mon Aug 05, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: HVAC questions: asbestos-insulated ducts need replacing? A/C costs?
Replies: 21
Views: 1489

Re: HVAC questions: asbestos-insulated ducts need replacing? A/C costs?

Hi Bogleheads! Hoping some HVAC-knowledgable folks might be able to help me out. We'd like to get air conditioning in our 1,300SF house in San Jose, CA. We need a coil and condenser. The quotes are coming in higher than we hoped, around $10k - $11k (even a few years ago, the prices were only $7k). ...
by boglesmind
Fri Aug 02, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: USAA suspects credit card may have been compromised
Replies: 17
Views: 1728

Re: USAA suspects credit card may have been compromised

Hello, I got a message today from USAA that they suspect one of my credit cards (USAA Rate Advantage Visa Platinum® Card) may have been compromised. They are sending me a new card. The odd thing is this particular card I seldom use (unlike my Limitless Visa) nor do I have a recurring charge set up ...
by boglesmind
Sun Jul 28, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: Matter-scatter, part 4: Bond allocation
Replies: 9
Views: 2692

Re: Matter-scatter, part 4: Bond allocation

+ Infinity! to the 4-part series.

Boglesmind
by boglesmind
Sat Jul 27, 2019 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: vanguard won't issue qualification letter
Replies: 3
Views: 977

Re: vanguard won't issue qualification letter

I also rolled out of Vanguard to TDAmeritrade. Rollover IRA. Smooth as glass. I too rolled over my 401K-rollover account from Vanguard to my 401K acct at Fidelity by filling out the forms at Fidelity and providing them with the last 401K rollover statement from Vanguard. No problems at Fidelity nor...
by boglesmind
Tue Jul 23, 2019 9:45 am
Forum: Investing - Theory, News & General
Topic: Tax cost stopping move to indexing
Replies: 80
Views: 5713

Re: Tax cost stopping move to indexing

For many decades, my biggest equity-only fund holding has been VG Health Care. The good news is that its average annual return since inception in 2001 is 10.26% (compared to TSM’s average annual return of 6.82%, inception in 2000). The Vanguard Health Care fund has likely underperformed TSM by quit...
by boglesmind
Mon Jul 15, 2019 2:38 pm
Forum: Investing - Theory, News & General
Topic: Tax cost stopping move to indexing
Replies: 80
Views: 5713

Re: Tax cost stopping move to indexing

... Thanks for this idea. Not only lower CG taxes but a lower ER (and better recent performance, for reasons I am not that clear on) and a higher SEC yield. The difference in relative costs of the two funds (VHCIX, VGHAX) for the last 10 years average annual returns: - After tax cost is 2.71% (15.6...
by boglesmind
Sun Jul 14, 2019 5:12 pm
Forum: Investing - Theory, News & General
Topic: Tax cost stopping move to indexing
Replies: 80
Views: 5713

Re: Tax cost stopping move to indexing

Stop reinvestment of dividends. Wait till a significant market downturn and sell some then. Wait till a significant market downturn and tax loss harvest something else and apply those losses against these gains. Sell some each year and just pay the taxes. Charitable donation of appreciated stocks. ...
by boglesmind
Tue Jun 18, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: Why are Vanguard's distribution dates all over the place?
Replies: 6
Views: 1218

Re: Why are Vanguard's distribution dates all over the place?

I always assumed it was because Vanguard runs a shoestring operation and the same two people figuring out the distributions for VTSAX cannot on the same day figure out the distribution of VFSAX. And if it is not the people, then it is the computer systems. It is a better use of fewer resources to s...
by boglesmind
Fri Jun 14, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: Detergent free laundry systems
Replies: 2
Views: 441

Re: Detergent free laundry systems

Hi everyone, interested in gathering some opinions. My better half got interested in the detergent-free laundry systems a few years back. We tried PureWash, which uses ozone (supposedly) to clean the laundry. The concept is great - no (little) detergent, odor free, only use cold water, etc. We’ve h...
by boglesmind
Fri May 31, 2019 8:59 am
Forum: Personal Investments
Topic: Ultimate Buy and Hold...thoughts?
Replies: 43
Views: 8123

Re: Ultimate Buy and Hold...thoughts?

Personally, I think it's shameful when people actively choose to not engage in second stage thinking. Yet another benefit of choosing simplicity is one gets to cease worshiping at the alter of false gods (while falling into the trap of appeal to authority) It's wise to remember that in open systems...
by boglesmind
Thu May 30, 2019 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Italian traffic fine with U.S. debt collector
Replies: 60
Views: 7783

Re: Italian traffic fine with U.S. debt collector

Why would it matter if one were ever going back to Italy? It’s basically a parking ticket, not like you would get arrested for it. Like the United States, I would assume having unpaid tickets would eventually lead to a warrant for your arrest and likely for you to be grabbed the second you get try ...
by boglesmind
Thu May 30, 2019 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Italian traffic fine with U.S. debt collector
Replies: 60
Views: 7783

Re: Italian traffic fine with U.S. debt collector

My mother, an attorney, asked me what to do. I simply said to her “do you plan on going back to Italy? If so we pay it, if not throw it in the trash.” I would offer the same advice to you. Why would it matter if one were ever going back to Italy? It’s basically a parking ticket, not like you would ...
by boglesmind
Thu May 30, 2019 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Over 62 and waiting to claim Social Security? - Potential Fraud alert
Replies: 30
Views: 4439

Re: Over 62 and waiting to claim Social Security? - Potential Fraud alert

How would this work? If you cannot set up a SS account on line because you have frozen your credit, how would someone fraudulently apply for benefits in your name. It's described in the article. In this case, the fraudster apparently had all the information in the credit report. The site to apply f...
by boglesmind
Wed May 29, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Italian traffic fine with U.S. debt collector
Replies: 60
Views: 7783

Re: Italian traffic fine with U.S. debt collector

PS; Pay the municipality and ignore the US collections agency as one of the posters suggested. The town no longer owns the debt so they can't settle it. Please see A very simple google search of the collection company show it is legit and they do NOT buy the debt, only service it. When and if you d...
by boglesmind
Tue May 28, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Italian traffic fine with U.S. debt collector
Replies: 60
Views: 7783

Re: Italian traffic fine with U.S. debt collector

I am surprised at the many suggestions to ignore the ticket. I thought Bogleheads forum rules prohibit suggestions such as this. I received traffic tickets in Europe in the past and promptly paid them. It makes no difference if the traffic ticket is issued in the U.S or abroad as long as I am sure i...
by boglesmind
Mon May 27, 2019 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Would you keep this rental? Bay Area
Replies: 28
Views: 2475

Re: Would you keep this rental? Bay Area

Potential downside of selling is that it still has a lot of potential to increase in value given close and convenient access to Google’s planned downtown San Jose campus (which is years away). I would be extremely cautions about posting insider information like this on the internet since people hav...
by boglesmind
Sun Apr 07, 2019 11:44 am
Forum: Personal Investments
Topic: VCADX vs VBILX in taxable
Replies: 5
Views: 860

Re: VCADX vs VBILX in taxable

Only 41.57% (2018) of income is in US government obligation interest so that's what you can state on your CA return. CA requires that at least 50% of the fund be invested in US government obligations at each quarter end to claim any US government obligation interest (note % of income and % of amoun...
by boglesmind
Sat Mar 16, 2019 9:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 455
Views: 76180

Re: Vanguard Municipal Money Market VMSXX 1.39%

Kevin, I have read all your posts, & have learned a lot about bonds & bond funds. Thank you! Children's author James Marshall could write a book in his Stupeds series about me- "The Stupeds Learn Investing". My questions are tax related (so I can use your spreadsheet correctly): Your spreadsheet sh...
by boglesmind
Sat Mar 16, 2019 9:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 455
Views: 76180

Re: Vanguard Municipal Money Market VMSXX 1.39%

Kevin, I have read all your posts, & have learned a lot about bonds & bond funds. Thank you! Children's author James Marshall could write a book in his Stupeds series about me- "The Stupeds Learn Investing". My questions are tax related (so I can use your spreadsheet correctly): Your spreadsheet sh...
by boglesmind
Fri Mar 15, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 455
Views: 76180

Re: Vanguard Municipal Money Market VMSXX 1.39%

Kevin, I have read all your posts, & have learned a lot about bonds & bond funds. Thank you! Children's author James Marshall could write a book in his Stupeds series about me- "The Stupeds Learn Investing". My questions are tax related (so I can use your spreadsheet correctly): Your spreadsheet sh...
by boglesmind
Wed Mar 13, 2019 6:02 pm
Forum: Personal Investments
Topic: I want to leave Vanguard
Replies: 71
Views: 6597

Re: I want to leave Vanguard

Leave vanguard for having a crappy website and bad customer service and etc but not for this... +1 Isn’t this issue in fact due to a crappy website? Why would Vanguard’s website allow you to free ride? The website should simply prohibit it. This is a good question, why does the web site allow this?...
by boglesmind
Wed Mar 13, 2019 5:27 pm
Forum: Personal Consumer Issues
Topic: Peanut Butter recommendations
Replies: 84
Views: 7506

Re: Peanut Butter recommendations

I like Trader Joe’s peanut butter. Have to turn it upside down and let it sit for a while to get the oil to mix, and then hand stir it quite a bit. But I think it is tasty. I love peanut butter, but I will not buy any PB that has to be stored upside down or stirred for that matter. Too much work. I...
by boglesmind
Fri Mar 01, 2019 10:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 69066

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

I am surprised at all the angst. My flagship select rep called me today to advise. I told him that never used and would not miss it, I shredded all my Vanguard checks last year. Don’t want a checking account tied to my Vanguard accounts for security reasons. Prefer to keep my checking accounts at b...