Search found 3857 matches

by MnD
Fri Jan 18, 2019 11:51 pm
Forum: Investing - Theory, News & General
Topic: What active management stock funds would you own?
Replies: 72
Views: 3860

Re: What active management stock funds would you own?

We own Dodge and Cox:
Stock - since 1990
International Stock - since inception 2001
Income - since 2008 (only decent bond fund in DW's 401-K)
Global Bond - since inception 2014
https://www.dodgeandcox.com/performance.asp
by MnD
Fri Jan 18, 2019 8:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock and All-World ex-US Small Cap Admiral Shares should launch February 5
Replies: 36
Views: 3845

Re: Vanguard Total World Stock and All-World ex-US Small Cap Admiral Shares should launch February 5

http://www.ftse.com/Analytics/FactSheets/Home/DownloadSingleIssue/GAE?issueName=GEISLMS Here is the URL for the fact sheet on the index itself (FTSE Global All Cap) that Vanguard Total World Stock is tracking. Updated monthly and a nice nice summary of what you own with VG Total World Stock. The fun...
by MnD
Fri Jan 18, 2019 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1667

Re: [Wash sale concern - Are these stocks substantially identical?]

I disagree on the fund named Total Stock Market; these indices are substantially different in my book. Yesterday someone told me they use VIOV and IJS; this would be a gross wash sale IMHO (same index) but I have no proof anyone has ever been hit for that even. Dozens of differences for both the va...
by MnD
Fri Jan 18, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1667

Re: [Wash sale concern - Are these stocks substantially identical?]

I disagree on the fund named Total Stock Market; these indices are substantially different in my book. Yesterday someone told me they use VIOV and IJS; this would be a gross wash sale IMHO (same index) but I have no proof anyone has ever been hit for that even. Dozens of differences for both the va...
by MnD
Fri Jan 18, 2019 1:37 pm
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 259
Views: 25927

Re: What is your overall portfolio weighted expense ratio

Now down to 0.094% post-retirement.
Our now 5 Dodge and Cox funds still make up the lions share of expenses.
Core holdings in TSP and Schwab ETF's are next to nothing.
MnD wrote:
Sat Jun 11, 2016 10:20 am
.11%.
If I didn't have 4 Dodge and Cox funds it would be a lot lower.
by MnD
Thu Jan 17, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Furloughed Fed Employee - How to make best use of time
Replies: 60
Views: 5868

Re: Furloughed Fed Employee - How to make best use of time

DrGoogle2017 wrote:
Wed Jan 16, 2019 2:14 am
Great idea about driving for Uber, but wonder will the government check.
The idea that agencies will perform some sort of post-shutdown "scan and sweep" for things like Uber driving when their employees were locked out and not being paid made me chuckle.
by MnD
Thu Jan 17, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Furloughed Fed Employee - How to make best use of time
Replies: 60
Views: 5868

Re: Furloughed Fed Employee - How to make best use of time

Exercise including activities you want to do but take too much time to do on a daily exercise routine while working. Do things you enjoy or at least are OK with doing but now pay others to do to save time. Go over your investment plan with a fine tooth comb. Are there improvements to be made or cost...
by MnD
Wed Jan 16, 2019 6:15 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 847
Views: 43360

Re: John Bogle is dead at 89

Thanks Jack - you helped millions and will be missed!
by MnD
Wed Jan 16, 2019 4:10 pm
Forum: Investing - Theory, News & General
Topic: How do Money Market Fund Yields and Expense Ratios Work?
Replies: 9
Views: 643

Re: How do Money Market Fund Yields and Expense Ratios Work?

To jump on this and in response to some of the answers provided in this thread, is there a reason to have a separate high yield savings/checking account? It seems to me that VMFXX has a yield that is as high or higher than typical checking accounts. Isn't the risk that VMFXX (since it is a fund aft...
by MnD
Wed Jan 16, 2019 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 45
Views: 4672

Re: Retirees: Timing your withdrawals

Two monthly automatic "paychecks" into checking - one directly from our largest retirement account at our decided SWR and one monthly pension check both without witholding. This is working very nicely for us just two months into retirement. Net "take-home" pay from this is about 103% of our take-hom...
by MnD
Wed Jan 16, 2019 11:19 am
Forum: Investing - Help with Personal Investments
Topic: 100% in VTSAX - Is it crazy???
Replies: 82
Views: 7871

Re: 100% in VTSAX - Is it crazy???

How far out is it until your pensions are fully vested and start paying - 25 years? That's some crystal ball you have to determine 25 years out that nothing will change with pension benefits, pension COLA's, you and your wife's health and continued employment for the next quarter-century at this emp...
by MnD
Tue Jan 15, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: PG&E Bonds
Replies: 49
Views: 5065

Re: What to do with PG&E Bonds

As priced now they are senior unsecured short-term very-low rated junk bonds. Ratings Caa3 Moody's and CC S&P. If you had funds available to invest, would you purchase these bonds today as an investment? If yes, they hang on by all means. If not you should sell. Otherwise you are succumbing to a cog...
by MnD
Tue Jan 15, 2019 11:35 am
Forum: Investing - Theory, News & General
Topic: PG&E Bonds
Replies: 49
Views: 5065

Re: What to do with PG&E Bonds

I am holding PG&E PACIFIC GAS &ELEC CO NOTE CALL MAKE WHOLE maturing on 10/01/2020 I bought these few years back (before any of the problems surfaced - I think these were still high-grade bonds) & now the company is filing for bankruptcy. What will happen to these bonds? Will these become worthless...
by MnD
Tue Jan 15, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: rebalancing questions
Replies: 6
Views: 542

Re: rebalancing questions

By adding utilities and long-term Treasuries you have a great deal of interest rate price sensitivity - not to mention that BND has increased its share of government debt over the years also increasing rate price sensitivity versus the BND of yesteryears. So any narrow band or constant rebalancing s...
by MnD
Mon Jan 14, 2019 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Tapping into retirement savings question
Replies: 6
Views: 1191

Re: Tapping into retirement savings question

Cash buckets and various withdraw from cash distribution schemes have been demonstrated to lower portfolio return and hence increase the probability of portfolio failure in retirement. I withdraw a fixed percentage of annual balance proportionally from our taxable and retirement accounts for income ...
by MnD
Mon Jan 14, 2019 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: TLH is called "Murky"
Replies: 17
Views: 2084

Re: TLH is called "Merky"

Ignore the click-bait filler and Vanguard, Betterment and Wealthfront all gave the same answer. Trade same-category highly correlated index funds that are not identical by virtue of tracking (slightly) different indices. Among low-cost broad index funds in a given category such as total US, total ex...
by MnD
Mon Jan 14, 2019 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Savings/Money Market for parking cash
Replies: 19
Views: 2084

Re: Savings/Money Market for parking cash

I've got 200k sitting in a .25% retained asset account. I don't have any need for the money now, but I'd like to have access to it if I do. I'm looking into Marcus (2.25%), Capital One (2%), and VMMXX (2.45%). They all seem fine, so is there a clear winner? I just purchased at auction 91-day and 18...
by MnD
Mon Jan 14, 2019 11:41 am
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 128
Views: 7405

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

Here’s the real issue: I do have a memory. And I do take note when a political system doesn’t appear to be working for free enterprise, individual liberty, capitalism, etc. There seems to be a real push lately for American dollars to flow to foreign countries and their equities for no other reason ...
by MnD
Mon Jan 14, 2019 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity problems and what is substantially similar
Replies: 24
Views: 3128

Re: Fidelity Problems

Not the four in one fund, but the newer fidelity zero fee total us index and total international index funds in the IRA (the reinvestments) created wash sale problems for the total us index and total international index vanguard funds in taxable account (the TLH sales). I assume the vanguard funds ...
by MnD
Sun Jan 13, 2019 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Thrift Savings Plan monthly withdrawals
Replies: 1
Views: 358

Re: Thrift Savings Plan monthly withdrawals

To answer my own question for searches - the delay was 2 business days versus the 3-5 day advisory on the TSP web site .
The redemption of shares was at closing price Friday Jan 4 and the ACH deposit of funds was dated Tuesday January 8.
I could see the deposit pending late on Monday Jan 7.
by MnD
Sun Jan 13, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Paying estimated taxes - timing and use credit card?
Replies: 1
Views: 265

Paying estimated taxes - timing and use credit card?

For those paying estimated quarterly taxes 1040-ES, do you pay the 4th quarterly payment for a given tax year in January of the next year? Is there any good reason to do so, other than having an additional 15 days to pay past December 31? I'm setting up reminders on my calendar to make quarterly pay...
by MnD
Sun Jan 13, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: What deductible for Comprehensive and Collision Insurance?
Replies: 34
Views: 1517

Re: What deductible for Comprehensive and Collision Insurance?

$5000 homeowners and $1000 vehicle. We had a $85K hail claim in 2017 ($70K house and $11K vehicles) and they waived two vehicle deductibles under a multiple loss benefit where they just charge the highest deductible (home) in a multi-claim loss. https://www.safeco.com/products/safeco-package Single ...
by MnD
Sun Jan 13, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: Schwab SWSXX going away
Replies: 37
Views: 2623

Re: Schwab SWSXX going away

In fact you should have been able to sell SWVXX the next trading day and settled without margin expense. This part isn't right; irrespective of getting settled funds from sale on account on settlement day for the buy, it would represent a free ride because over the first night both the purchased T+...
by MnD
Sat Jan 12, 2019 7:56 pm
Forum: Investing - Theory, News & General
Topic: Schwab SWSXX going away
Replies: 37
Views: 2623

Re: Schwab SWSXX going away

Does Schwab let you trade directly from a "purchased" money market fund, as fidelity does? Or do you have to move funds to the FDIC sweep to cover trades. Schwab will require you to "sell" the purchased money market fund to raise the cash. Fortunately, you can still request a trade, put in the sell...
by MnD
Sat Jan 12, 2019 7:44 pm
Forum: Investing - Theory, News & General
Topic: Schwab SWSXX going away
Replies: 37
Views: 2623

Re: Schwab SWSXX going away

Does Schwab let you trade directly from a "purchased" money market fund, as fidelity does? Or do you have to move funds to the FDIC sweep to cover trades. Schwab will require you to "sell" the purchased money market fund to raise the cash. Fortunately, you can still request a trade, put in the sell...
by MnD
Fri Jan 11, 2019 1:03 am
Forum: Investing - Theory, News & General
Topic: Did you ever "win" big?
Replies: 133
Views: 9583

Re: Did you ever "win" big?

When gasoline prices would get crazy low I would put around 1/3 the price of a new car into bombed-out Varco stock (oil services company now called National Oilwell/Varco). I got 3 "triples" out of that strategy and when I would sell I would buy a much-needed new car. A couple of Subaru's and a Niss...
by MnD
Thu Jan 10, 2019 7:37 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 220
Views: 14305

Re: What is your allocation to U.S. and International?

As for the title, it mentions neither stocks nor bonds. Most, like I, assume stocks as foreign bonds are not in the three fund portfolio. How many hold ANY foreign bonds? My only two fixed income positions are 75% TSP G fund (a compelling deal of 11-year treasury yield with zero duration) and 25% D...
by MnD
Thu Jan 10, 2019 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Building Wealth Through Home Equity--Myth or Reality?
Replies: 94
Views: 6079

Re: Building Wealth Through Home Equity--Myth or Reality?

The premise seems to be that most Americans acquire the majority of their wealth through home ownership. The median US household value of all financial accounts (retirement and non-retirement) is around $16,000. So it is not surprising that household wealth is in home equity for most, given that ev...
by MnD
Thu Jan 10, 2019 2:11 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5257

Re: BHers, what is your Roth IRA %?

0%. In the mid-1980's we had 401-K training (when our organization started offering one) that explained that deferring compensation and the taxes on it when you are working in a higher bracket and then spending that money when you are not working and in a lower tax bracket is financially advantageo...
by MnD
Thu Jan 10, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: Larry's new book The Complete Guide to a Successful & Secure Retirement
Replies: 7
Views: 1617

Re: Larry's new book THE COMPLETE GUIDE TO A SUCCESSFUL & SECURE RETIREMENT

Finished reading it last night. I would definitely recommend it although it's geared more toward retirees. That's fantastic (IMO) because relative to information on planning for retirement for those years or decades away, there is much less credible detailed content for those managing and living of...
by MnD
Wed Jan 09, 2019 9:53 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5257

Re: BHers, what is your Roth IRA %?

0%. In the mid-1980's we had 401-K training (when our organization started offering one) that explained that deferring compensation and the taxes on it when you are working in a higher bracket and then spending that money when you are not working and in a lower tax bracket is financially advantageou...
by MnD
Wed Jan 09, 2019 6:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Does The Bucket Approach Destroy Wealth?
Replies: 56
Views: 5794

Re: Larry Swedroe: Does The Bucket Approach Destroy Wealth?

The data suggest, then, that bonds are better at protecting against shallow risk, but stocks are better at protecting against deep risk. Frankly, I'm not that concerned about shallow risk. Given enough money, enough time, and enough diversification, an investor can come through whatever a "normal" ...
by MnD
Wed Jan 09, 2019 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Would your FIRE plan work had your journey started 1965?
Replies: 66
Views: 4433

Re: Would your FIRE plan work had your journey started 1965?

4% inflation-adjusted is too low most of the time yet in terrible sequences is on the bleeding edge of survivability. 5% of annual portfolio balance with a 3% inflation-adjusted floor provides on average a 41% greater utility in producing retirement income versus 4% inflation-adjusted and in the mos...
by MnD
Tue Jan 08, 2019 3:12 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7411

Re: Safe withdrawal rate at 38 years old

Realistically though, I think that some kind of a variable withdrawal strategy is better. There are literally an infinite number of possibilities here. One is to withdrawal a percentage of your portfolio each year (i.e. 4%). Using this approach, it is literally impossible to ever run out of money, ...
by MnD
Tue Jan 08, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 714
Views: 92166

Re: How much money do you want to retire?

Enough to maintain our same financial standard of living in retirement in our mid-50's that we had when working. Retired last month and my first monthly "paycheck" from my 401-K at an SWR we are comfortable with plus pension sums to 103% of our last years average monthly take-home pay including bonu...
by MnD
Tue Jan 08, 2019 12:19 am
Forum: Investing - Theory, News & General
Topic: Reasons to own Vanguard ETFs over Admiral shares?
Replies: 66
Views: 4499

Re: Reasons to own Vanguard ETFs over Admiral shares?

Typically way more expensive to purchase VG mutual fund shares at another brokerage versus VG ETF trades.
VG has great funds including ETF's, but many opt to hold assets elsewhere for numerous good reasons.
by MnD
Mon Jan 07, 2019 8:15 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 220
Views: 14305

Re: What is your allocation to U.S. and International?

Whatever the market allocation is.
Increasingly I look at these questions like "what is your allocation to Consumer Discretionary, Information Technology and other market sectors?", with a lot of armchair expert opinions on how they have heavily tilted to the rear-view mirror "winners".
by MnD
Mon Jan 07, 2019 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Thrift Savings Plan monthly withdrawals
Replies: 1
Views: 358

Thrift Savings Plan monthly withdrawals

For those getting monthly withdrawals and electronically deposited in your bank, what is the lag between the date the funds are withdrawn from your account and the date you receive them in your account? The TSP web site indicates to expect 3-5 business days lag - that seems a bit much..... Also is t...
by MnD
Mon Jan 07, 2019 12:00 am
Forum: Investing - Theory, News & General
Topic: How do you view a savings surplus in retirement?
Replies: 117
Views: 5967

Re: How do you view a savings surplus in retirement?

Additional income.
But I use a % of annual portfolio balance to determine income, so easy come - easy go.
by MnD
Wed Jan 02, 2019 10:20 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 141
Views: 6523

Re: 2019 Hedge Fund Contest

The top fund of 2018 with long and short positions is back again to dominate the competition!

Name:
Takeover and Gameover II

Long:
GE - General Electric Co

Short:
JCP - Penney JC INC
by MnD
Wed Jan 02, 2019 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Which Money Market account now that interest rates have gone up?
Replies: 57
Views: 7333

Re: Which Money Market account now that interest rates have gone up?

What else should I seriously take into consideration when chosing where to move savings to? If you have a non-retirement brokerage account but don't yet have a "high-yield" on-line bank, consider moving your savings to a brokerage money market fund and/or Treasury T-bills. I did this for higher yie...
by MnD
Tue Jan 01, 2019 8:18 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle says rebalancing is overhyped?!
Replies: 149
Views: 21070

Re: Jack Bogle says rebalancing is overhyped?!

Stocks usually gain more than bonds so not rebalancing means you are on a road to increasing equity allocations as you go through life. I use 5 percentage point divergence from equity/fixed income AA to trigger rebalancing. Rebalancing is fairly rare event with that criteria - it can go years in-bet...
by MnD
Tue Jan 01, 2019 2:55 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2299
Views: 399872

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

2018 XIRR = -6.4% Benchmark return= -6.8%, so beat benchmark by 0.4 percentage points 2018 asset allocation = 70% Global market cap stocks, 30% fixed income and cash. Eight accounts, 16 holdings, Weighted ER 0.10% 2018 Benchmark was 70% Total World Stock Market (VT), 25% Total Bond Market (BND) and ...
by MnD
Tue Jan 01, 2019 10:47 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 39
Views: 6403

Re: Thrift Savings Plan to Change I Fund Index

Here's a slide presentation on the new I fund index recommendation of MSCI ACWI ex-US IMI. Items of note, the one-time transition cost is estimated at 13 basis points (page 13) with securities lending revenue from the new index to be around 1.5X what is derived from the old index (page 14). I did no...
by MnD
Mon Dec 31, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: ACH Credit Card Processing Times
Replies: 12
Views: 814

Re: ACH Credit Card Processing Times

We have all our cards (around 6 cards to optimize rewards) set to autopay statement balance in full on the due date via pull from the cards. Zero problems in probably 15 years - times several cards monthly. The actual pull is a day or two later than the due date. I have no worries about mega-bank ca...
by MnD
Mon Dec 31, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Consolidating Finances - Chase/Vanguard to Schwab, Pros/Cons?
Replies: 3
Views: 306

Re: Consolidating Finances - Chase/Vanguard to Schwab, Pros/Cons?

Am I missing any other major reasons not to do this? I find their checking account too basic - (1) no recurring payments etc, (2) they don't offer Zelle, which I use sometimes. I have several recurring payments paid monthly using Schwab checking using "pull" ACH transactions for the few things that...
by MnD
Sun Dec 30, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: AA and market [Asset Allocation - are you rebalancing?]
Replies: 39
Views: 2289

Re: AA and market [Asset Allocation - are you rebalancing?]

Yes, rebalanced last week from 64/36 equity/fixed income to the AA in my investment policy statement which is 70/30 and which dictates rebalancing only when AA diverges below 65/35 or above 75/25. I do not utilize feelings, hunches, opinions of valuations, gurus thoughts, the news or any other "curr...
by MnD
Sun Dec 30, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Error in TSP processing (no TSP contribution made in 2018 pay period 25)?
Replies: 6
Views: 408

Re: Error in TSP processing (no TSP contribution made in 2018 pay period 25)?

My wife is a fed and her agency uses employee express. According to her agency, in order for TSP changes to take effect the first pay period of 2019, changes had to be made between 12/9-12/22. To max it out, the allotment was $731. You may have to change your allotment depending upon when your time...