Search found 1854 matches

by toto238
Thu Aug 02, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 762
Views: 78494

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Has Fidelity provided information on how much of their security lending revenue they are going to share with the holders of these funds? Because I could very easily see in the fine print that you get a zero expense ratio but they get to keep 100% of all security lending revenue. If that were to happ...
by toto238
Thu Apr 05, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Help with math problem
Replies: 7
Views: 947

Re: Help with math problem

Yes, I meant earns 4% constantly for 10 years and I withdraw 5% a year. Divided by 12 months Well in my formula I basically recalculated 4% and 5% every month. So every month you earn 0.33% of your previous month's balance, and then withdraw 0.42% of the previous month's balance. Those may not be t...
by toto238
Thu Apr 05, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Help with math problem
Replies: 7
Views: 947

Re: Help with math problem

I think you need to clarify a couple points. 1. Are you assuming a constant 4% return? Like it never goes down, it just goes up slightly every day and at the end of the year has earned 4%? 2. You said "taking out 5% monthly", does that mean you intend on taking out 5% of the balance every month? Bec...
by toto238
Fri Apr 28, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Press Release--Vanguard: World's Largest Stock And Bond Funds Report Lower Expense Ratios
Replies: 7
Views: 1918

Re: Vanguard Press Release--Vanguard: World's Largest Stock And Bond Funds Report Lower Expense Ratios

We seem to be getting into the area where expenses don't matter nearly as much as what a firm's security lending policies are. These funds could easily earn 5-10bps in security lending income per year, far outpacing the expenses. VG's policy is to operate security lending operations extremely conser...
by toto238
Sat Apr 22, 2017 3:50 pm
Forum: Personal Consumer Issues
Topic: Recommendation for Adults-only All-Inclusive resort/hotel?
Replies: 21
Views: 4580

Re: Recommendation for Adults-only All-Inclusive resort/hotel?

Are you locked into the Caribbean or Mexico? For a July vacation there is the the entire North American continent to choose from, many places which I would consider more desirable and cheaper than the Caribbean. Gill I am open to other possibilities. As long as it's adult-only and all-inclusive, I ...
by toto238
Sat Apr 22, 2017 2:35 pm
Forum: Personal Consumer Issues
Topic: Recommendation for Adults-only All-Inclusive resort/hotel?
Replies: 21
Views: 4580

Recommendation for Adults-only All-Inclusive resort/hotel?

I've never really been on a real vacation before as an adult, and I've finally gotten to a point where I think I can swing one. And God knows my wife deserves one. I'm looking for recommendations either on specific locations or websites/resources I can check out to help me plan this out. I know a lo...
by toto238
Sat Feb 25, 2017 2:36 am
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 89
Views: 7633

Re: new study on Investor behavior being disconnected from financial theory and reality

Good Article Larry. Berkshire Hathaway share A price was $255,040 per share. Class B are only $170.22/share. Berkshire Hathaway doesn't pay a dividend (only did so once in its history....Warren thinks he left the boardroom to use the bathroom when the board voted on whether to issue a dividend). Sa...
by toto238
Sat Feb 25, 2017 2:28 am
Forum: Investing - Theory, News & General
Topic: Vanguard Reports Third Round Of Expense Ratio Reductions Resulting In $143 Million In Cumulative Savings For Investors
Replies: 13
Views: 2572

Re: Vanguard Reports Third Round Of Expense Ratio Reductions Resulting In $143 Million In Cumulative Savings For Investo

Here was my take away from the announcement: Expense ratios represent the actual operating expenses for the prior fiscal year (including investment advisory fees, administrative costs, and shareholder-service expenses), meaning investors have already realized these savings by the time they are repo...
by toto238
Sat Feb 25, 2017 2:23 am
Forum: Investing - Theory, News & General
Topic: AP: Americans buy existing homes at fastest pace in a decade
Replies: 45
Views: 5363

Re: AP: Americans buy existing homes at fastest pace in a decade

Bought my house last year, so maybe I'm in that statistic. I got my house so cheap and such a low interest rate that my mortgage interest STILL wasn't enough for me to itemize my deductions. It's a nice problem to have I suppose. And according to Zillow, my home value has increased 10% since I bough...
by toto238
Sat Feb 25, 2017 2:20 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 38
Views: 4195

Re: Has anyone had problems gifting Vanguard shares to an organization?

You seem to be running into this issue because you're using the old style "legacy" mutual fund only accounts. They're very unwieldy when it comes to transfers in and out, including gifting. Recommend upgrade to their brokerage account. Then that first form you filled out will be acceptable (you may ...
by toto238
Sat Feb 25, 2017 2:14 am
Forum: Investing - Theory, News & General
Topic: Total World expense ratio lowered
Replies: 38
Views: 9428

Re: Total World expense ratio lowered

Is it tax-efficient to use Vanguard Total World ETF (VT) in a taxable account? Relative to what? It will pay out dividends, those are taxable. It may pay out capital gain distributions but probably not many due to the ETF share class (and perhaps none at all). Those are taxable too. So it will prod...
by toto238
Sat Feb 25, 2017 2:07 am
Forum: Personal Finance (Not Investing)
Topic: What if someone gets your password and transfers money from your bank to theirs?
Replies: 42
Views: 10213

Re: What if someone gets your password and transfers money from your bank to theirs?

I asked a manager at a Bank of America branch in California about identity theft with a bank account and was told that our assets, as consumers, are protected even if the amount exceeds the $250,000 FDIC limit. So a fraudulent event even beyond $250,000 is covered. So I would check with your bank m...
by toto238
Sat Feb 25, 2017 2:05 am
Forum: Personal Finance (Not Investing)
Topic: Tax info from Vanguard to Turbo Tax
Replies: 14
Views: 1545

Re: Tax info from Vanguard to Turbo Tax

It takes me about 60 seconds to input the info from my Vanguard tax forms into TurboTax manually. I don't usually bother even trying to import things. That's what I do. I should say I make one attempt to import it. If within 30 seconds I haven't figured it out, I input in manually. I understand thi...
by toto238
Sat Feb 25, 2017 2:02 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 86
Views: 9997

Re: Vanguard Lousy Customer Service

I would move on. Nothing is worth stressing that much over. +1 probably the best thing to do to keep OP's sanity. +2 As established by the OP's original post, this was an in-service rollover, implying he is not retired and still with his employer. Therefore, unless his employer changes plan sponsor...
by toto238
Fri Feb 24, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: What if someone gets your password and transfers money from your bank to theirs?
Replies: 42
Views: 10213

Re: What if someone gets your password and transfers money from your bank to theirs?

JPH wrote:I'd like to hear from someone this has happened to.
As would I.

This seems like a really flawed robbery plan. I think many of us have thought of the "perfect crime" for stealing a lot of money as a thought experiment. This definitely isn't it. Way too many flaws.
by toto238
Fri Feb 24, 2017 11:25 am
Forum: Investing - Theory, News & General
Topic: Just started a Roth IRA w/ Vanguard
Replies: 10
Views: 3070

Re: Just started a Roth IRA w/ Vanguard

Cammillus - I'm trying to save up to $10k for now so I can put it into a mutual fund with admiral status. Is target fund better than others? I was thinking about the Vanguard total. Gropes & Ray - Why do you recommened selling VYM & VBK? I was planning to start off with small caps, and then slowly ...
by toto238
Fri Feb 24, 2017 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 86
Views: 9997

Re: Vanguard Lousy Customer Service

Vanguard is REALLY starting to piss me off. They may have the best funds, but their service is downright shit. Last month, they processed my in-service withdrawal from my 401(k) late, and then they withdrew the amount from both my Stable Value Fund and Bond Fund, when I instructed them to only with...
by toto238
Thu Feb 23, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: Does anyone own gold?
Replies: 117
Views: 15332

Re: Does anyone own gold?

nisiprius wrote: (Do I even need to explain that silver was also "the definition of money" in the United States until the "crime of 1873?" Bimetallism isn't just for thermostats! <--- Nerdy, feeble joke, I'm sorry...)
I got that reference! This excites me!
by toto238
Thu Feb 23, 2017 8:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 131
Views: 34547

Re: Vanguard opens special offices for $1 million clients

My view is if you want to have offices like your competition,it does not look great for a company like Vanguard to say wealthy only. The big assumption here is that they're trying to be like their competition. They were already allowing some very high net worth clients to visit campus, have been fo...
by toto238
Wed Feb 22, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Gold vs 401k
Replies: 45
Views: 4343

Re: Gold vs 401k

The value of basically everything is based on a social contract. If gold was only ever used for industrial purposes, it'd probably be sold at $10 a pound. Very very little is needed for industry, and there's other metals that do the job better and cheaper most of the time. So why is Gold worth over...
by toto238
Wed Feb 22, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Gold vs 401k
Replies: 45
Views: 4343

Re: Gold vs 401k

Phineas J. Whoopee wrote:
toto238 wrote:...
Gold is a hunk of metal, nothing more. Be careful that you aren't the one holding it when the rest of the world realizes that.
:happy
The Onion: U.S. Economy Grinds To Halt As Nation Realizes Money Just A Symbolic, Mutually Shared Illusion
:happy

PJW
Love the Onion. :-)
by toto238
Wed Feb 22, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Moving away from Edward Jones to Vanguard
Replies: 51
Views: 11749

Re: Moving away from Edward Jones to Vanguard

Wow! You all have given me so much to consider and to research! Here are the mutual funds I hold: AMERICAN BALANCED FUND CL F2 AMBFX 415.653 $10,661.49 BLACKROCK MID CAP GROWTH EQUITY FUND INSTITUTIONAL CL CMGIX 413 $9,186.00 INVESCO DIVERSIFIED DIVIDEND FUND CL Y LCEYX 549.128 $10,828.80 LORD ABBE...
by toto238
Wed Feb 22, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: "High conviction investing"
Replies: 26
Views: 2962

Re: "High conviction investing"

"Why invest in average?" Because "average" means beating 90+% of market participants. And I'm highly skeptical that this fund family will recommend anything to me but high cost funds that enrich them at my expense. That isn't a great formula for being in that top 10% that outperforms. Their slogan s...
by toto238
Wed Feb 22, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: Does anyone own gold?
Replies: 117
Views: 15332

Re: Does anyone own gold?

By the way, the argument of "gold maintains its values over period of millennia" is only valid if your investment horizon is millennia. I don't anticipate being alive in 1000 years so I care more about what gold does in shorter time periods. It's like saying "Sea levels don't change drastically over...
by toto238
Wed Feb 22, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Bond fund newbie questions
Replies: 4
Views: 558

Re: Bond fund newbie questions

In the past, my bond holdings have been mainly in balanced funds. Recently, I started investing in pure bond funds as well, triggering me to learn more about bonds. I think I am getting a better idea, thanks to the bogleheads forum, but I have a couple of questions: 1) It seems that, recently, bond...
by toto238
Wed Feb 22, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Millionaire
Replies: 65
Views: 10086

Re: New Boglehead Millionaire

Congrats! Always good to hear the success stories. Keep on keeping on :-)
by toto238
Wed Feb 22, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Sofi
Replies: 12
Views: 1764

Re: Sofi

zig25 wrote:Has anyone used Sofi as a mortage lender? If so what are your thoughts?
I use them for my student loans, and have been very satisfied. Every once in awhile they send me free stuff and invite me to social outings with other young professionals in my urban area. Great networking opportunities.
by toto238
Wed Feb 22, 2017 10:57 am
Forum: Investing - Theory, News & General
Topic: Does anyone own gold?
Replies: 117
Views: 15332

Re: Does anyone own gold?

1. It's as risky as stocks, if not more risky 2. It doesn't provide a lot of hedging value (maybe a little, arguably) 3. It's extremely expensive to buy and sell in physical bullion 4. Its expected long-term real return is 0% (possibly less) 5. It makes for a very poor currency due to its wildly flu...
by toto238
Wed Feb 22, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Gold vs 401k
Replies: 45
Views: 4343

Re: Gold vs 401k

1. You can't just look at changes in the S&P 500 over time without including dividends . If you include reinvested dividends (which is what most investors do), the S&P 500 returned 324% since 1/1/1997 (his 20 year period)- which beats the return for both gold and silver that he stated. In the 5 yea...
by toto238
Tue Feb 21, 2017 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Gold vs 401k
Replies: 45
Views: 4343

Re: Gold vs 401k

The value of basically everything is based on a social contract. If gold was only ever used for industrial purposes, it'd probably be sold at $10 a pound. Very very little is needed for industry, and there's other metals that do the job better and cheaper most of the time. So why is Gold worth over ...
by toto238
Tue Feb 21, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds bad in ROTH? Infographic:
Replies: 59
Views: 6116

Re: Bonds bad in ROTH? Infographic:

One thing to note is that if you choose to hold bonds in your taxable account, bond funds don't typically build up particularly large capital gains. So if you choose to change things up and move your bond allocation into your retirement accounts later, you likely won't be incurring much a capital ga...
by toto238
Tue Feb 21, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Credit cards vs. Cash
Replies: 123
Views: 10313

Re: Credit cards vs. Cash

Agreed. I rarely have cash on me and when I do, I tend to spend a few bucks here and there without a second thought. I prefer using the card...keeps my wallet thin So how do you gift to the guy that asks if you can spare some change? Perfect excuse.... I tell them all I have is plastic. I am occasi...
by toto238
Tue Feb 21, 2017 12:30 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 22325

Re: Why do you go to restaurants?

That's great and I'm happy for you. Some of us work jobs that have us mentally and physically exhausted by the end of the day. Perhaps you just have the superhuman ability to keep going like an energizer bunny, or perhaps you're overdosing on caffeine every day to create the illusion of superhuman ...
by toto238
Tue Feb 21, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 22325

Re: Why do you go to restaurants?

In our household, we prepare dinner together. Though I do almost all of the cooking, we chat about the day or whatever while I am doing it. Same during clean up. If it takes an hour, it is not like you are locked into one specific task. Usually you do some chopping and put something in the oven or ...
by toto238
Tue Feb 21, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 22325

Re: Why do you go to restaurants?

I can't understand for the life of me how someone could come home after a full day of work and spend 2 hours preparing an elaborate dinner. I would love to have whatever job you have that leaves you with so much energy at the end of the day. I usually feel so spent I barely have energy to microwave...
by toto238
Tue Feb 21, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 10249

Re: Which puppy to buy: golden retriever or labrador retriever?

1. It's the dog, not the breed. 2. It's the dog , not the breed . 3. It's the dog , not the breed . Both labs and goldens in recent years have seen an increase in "less than reputable" breeders who don't quite know what they're doing overbreeding them. The result has been increases in violent incide...
by toto238
Tue Feb 21, 2017 10:26 am
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 22325

Re: Why do you go to restaurants?

I can't understand for the life of me how someone could come home after a full day of work and spend 2 hours preparing an elaborate dinner. I would love to have whatever job you have that leaves you with so much energy at the end of the day. I usually feel so spent I barely have energy to microwave...
by toto238
Fri Feb 17, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawing from HSA to pay for medical bills is as simple as they say?
Replies: 13
Views: 1414

Re: Withdrawing from HSA to pay for medical bills is as simple as they say?

It's really as simple as that. Personally, I put the medical expense on a credit card first to get credit card points. Then I keep the bill for my records. Then I transfer money from my HSA to my bank account for that exact dollar amount. I keep a running spreadsheet throughout the year of my medica...
by toto238
Fri Feb 17, 2017 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 8074

Re: Closed my Roth IRA due to political uncertainty - mistake???

I certainly blundered and have created a lot of confusion with my vagueness. My apologies and here's an update: - The 15k number was my emergency fund. Sorry for the confusion. - Two weeks ago I closed roth IRA that had $1453.37 that I opened in Sep 2016 [had contributed $1500, so no earnings] - Op...
by toto238
Thu Feb 16, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 8074

Re: Reopening Roth after a panic move - need advice on investment

There must have been a misunderstanding. You need to unfortunately call them back and talk to someone again. You need to specifically say that it is an "indirect rollover" also known as a "60 day rollover" and that this should NOT be coded as a contribution. There may be time to cancel/re-book if y...
by toto238
Thu Feb 16, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Can we automate Vanguard brokerage ETF purchases?
Replies: 22
Views: 3377

Re: Can we automate Vanguard brokerage ETF purchases?

I should note that not ALL Vanguard mutual funds are eligible for that conversion process. It's only funds that both have an ETF associated with them AND are not daily dividend accrual funds. So like Total Stock Market Index Fund is eligible. Total Bond Market Index Fund is not. EDIT: fixed spelling...
by toto238
Thu Feb 16, 2017 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Can we automate Vanguard brokerage ETF purchases?
Replies: 22
Views: 3377

Re: Can we automate Vanguard brokerage ETF purchases?

So possible workaround: Step 1: Set up Automatic Investment Plan to go into Mutual Fund. Step 2: Every few months or so call Vanguard and ask to convert 90% of your shares in that mutual fund to ETF shares. They can do a conversion in the back end system that is not a taxable event even for non-reti...
by toto238
Thu Feb 16, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: 57 yr old new Bogle student looking for portfolio advice
Replies: 8
Views: 1341

Re: 57 yr old new Bogle student looking for portfolio advice

Considering you're already retired, you're talking about a roughly 50-50 allocation stocks/bonds. That seems pretty reasonable to me. Splitting each of those 50-50 domestic/international is also pretty reasonable. The domestic stock market makes up roughly 50% of the entire global stock market so th...
by toto238
Thu Feb 16, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Can I unify all my investment accounts in one?
Replies: 39
Views: 2718

Re: Can I unify all my investment accounts in one?

1. There is absolutely no sound reason to believe that you should be investing identically in all 5 of the accounts you mentioned. What you're doing is extremely ill-advised and finding a way to automate a bad decision doesn't make it better. To this and another poster who mentioned "buy one fund f...
by toto238
Thu Feb 16, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 8074

Re: Reopening Roth after a panic move - need advice on investment

Just got off the horn w/ Vanguard. All set. This wasn't/isn't employer sponsored, so it's going in as a contribution. I went with TRF 2015 for now. Thanks again for all the input. This is wrong. If it came out of an IRA of any type (and wasn't a RMD) it's rollover eligible. If you don't intend to c...
by toto238
Thu Feb 16, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 22325

Re: Why do you go to restaurants?

Something to remember for those who think it's cheaper to eat at home. This is only true in theory. In practice, the two often come out to similar costs. Consider that I could spend $8 to get a quality cheeseburger at my local pub. Plus tax and tip, let's say I'm out $12. Alternatively, I could go ...
by toto238
Thu Feb 16, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Payoff vs. ANY Investing
Replies: 29
Views: 2283

Re: Student Loan Payoff vs. ANY Investing

I'm adding my voice to the cacophony of voices saying "get the match, then pay down debt." Also consider refinancing with SoFi, Citizens, DRB or one of the other student loan refinancing outfits. I re-financed my student loans with SoFi. went from 6.8% down to 4%. Definitely worth it to me and will...
by toto238
Thu Feb 16, 2017 11:54 am
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 22325

Re: Why do you go to restaurants?

Something to remember for those who think it's cheaper to eat at home. This is only true in theory. In practice, the two often come out to similar costs. Consider that I could spend $8 to get a quality cheeseburger at my local pub. Plus tax and tip, let's say I'm out $12. Alternatively, I could go t...
by toto238
Thu Feb 16, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Payoff vs. ANY Investing
Replies: 29
Views: 2283

Re: Student Loan Payoff vs. ANY Investing

Absolutely get that match in your work plans (401k, 403b, whatever). A match is essentially a 100% return on your investment that you get immediately. That's a pretty dang good return on investment. Paying down those loans at 7.5% should be the next highest priority after that. Refinancing to a lowe...
by toto238
Wed Feb 15, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Can I unify all my investment accounts in one?
Replies: 39
Views: 2718

Re: Can I unify all my investment accounts in one?

A taxable account can beat a deductible account if the capital gains are very large. Traditional IRA withdrawals are taxed as ordinary income. Sometimes it would have been better to leave the asset in a taxable account and pay capital gains instead. I think during the 2012 election cycle it came ou...