Search found 192 matches

by BigPrince
Wed Nov 06, 2019 11:36 pm
Forum: Investing - Theory, News & General
Topic: The hidden cost of Fidelity’s ZERO funds
Replies: 66
Views: 5646

Re: The hidden cost of Fidelity’s ZERO funds

But the stock fund NAV drops when a dividend is paid, such that you have as much money before and after the payment of a stock dividend. So, not seeing how the delay of dividends affects the total return of a stock fund. Hmm... I should have thought of that. Now I think the article is wrong. But th...
by BigPrince
Thu Oct 10, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: GE Pension Buyout
Replies: 83
Views: 11439

Re: GE Pension Buyout

fatmike91 wrote:
Thu Oct 10, 2019 8:49 pm
I would take the lump sum. I would not want a sizable chunk of my retirement tied to GE's future.

/
I agree.

Take lump sum and don't wait for GE to impose a worse deal.
by BigPrince
Wed Oct 09, 2019 5:01 pm
Forum: Personal Investments
Topic: Vanguard login help.
Replies: 18
Views: 1520

Re: Vanguard login help.

Is anyone else having a hard time logging into Vanguard? I changed my password twice and keep getting incorrect password. Vanguard isn't taking phone calls until Monday morning. My life savings is not accessible and I'm concerned. What are your concerns? That a bad guy changed my password and robbe...
by BigPrince
Sat Oct 05, 2019 10:15 pm
Forum: Personal Investments
Topic: Vanguard login help.
Replies: 18
Views: 1520

Re: Vanguard login help.

J G Bankerton wrote:
Sat Oct 05, 2019 6:57 pm
Is anyone else having a hard time logging into Vanguard? I changed my password twice and keep getting incorrect password. Vanguard isn't taking phone calls until Monday morning. My life savings is not accessible and I'm concerned.
What are your concerns?
by BigPrince
Mon Sep 30, 2019 10:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguards push for PAS
Replies: 18
Views: 2900

Re: Vanguards push for PAS

The reality is that millions of investors use these services and many are over paying for the results.

Why wouldn't Vanguard work to compete in that space and work toward everyone being treated fairly?
by BigPrince
Sun Sep 29, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to Avoid a Tax Penalty with a Roth Conversion
Replies: 50
Views: 4079

Re: How to Avoid a Tax Penalty with a Roth Conversion

My own experience and previous posts such as viewtopic.php?t=211958

Great point though on the non-deductible contributions for a traditional, never had considered that.
by BigPrince
Sun Sep 29, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: How to Avoid a Tax Penalty with a Roth Conversion
Replies: 50
Views: 4079

Re: How to Avoid a Tax Penalty with a Roth Conversion

** Note this is not a question about the Backdoor Roth IRA and avoiding the pro-rata rule by having $0 in Traditional/SIMPLE/SEP IRAs by Dec. 31 ** I plan to do a sizable Roth conversion in 2021 from a traditional 403B to a Roth IRA (via a traditional IRA in between).... There is no need to take th...
by BigPrince
Sat Aug 31, 2019 4:15 pm
Forum: Personal Investments
Topic: $1,000 a month or $180,000 Pension Question
Replies: 55
Views: 5871

Re: $1,000 a month or $180,000 Pension Question

As long as the pension seems reasonably sound financially, I'd definitely opt for $1,000/month for life over a $180k lump sum. A 6.67% lifetime payout at your age in three years is very solid. The problem I see is that at age 40, you are looking at 50 years of future pension payments. There is no s...
by BigPrince
Sat Aug 31, 2019 1:25 pm
Forum: Personal Investments
Topic: $1,000 a month or $180,000 Pension Question
Replies: 55
Views: 5871

Re: $1,000 a month or $180,000 Pension Question

For public pensions, one can search for the details of the City of Detroit pension cuts as an example. It varies by location as others have pointed out. There is also demographics to consider. If one is a member of a 70% funded state system in one of the fastest growing states as I am it is differe...
by BigPrince
Sat Aug 31, 2019 11:50 am
Forum: Personal Investments
Topic: $1,000 a month or $180,000 Pension Question
Replies: 55
Views: 5871

Re: $1,000 a month or $180,000 Pension Question

Take the Lump Sum. Read about all the broken pension promises from the last recession. Fear is a powerful thing. Resist it. Cheers And being fearless is simply stupid. Here is an article from 2014 that discusses broken pension promises. Some even declined to pay survivor benefits. https://dealbook....
by BigPrince
Sat Aug 31, 2019 9:18 am
Forum: Personal Investments
Topic: $1,000 a month or $180,000 Pension Question
Replies: 55
Views: 5871

Re: $1,000 a month or $180,000 Pension Question

Take the Lump Sum. Read about all the broken pension promises from the last recession. Fear is a powerful thing. Resist it. Cheers And being fearless is simply stupid. Here is an article from 2014 that discusses broken pension promises. Some even declined to pay survivor benefits. https://dealbook....
by BigPrince
Sat Aug 31, 2019 6:33 am
Forum: Personal Investments
Topic: $1,000 a month or $180,000 Pension Question
Replies: 55
Views: 5871

Re: $1,000 a month or $180,000 Pension Question

Take the Lump Sum.

Read about all the broken pension promises from the last recession.
by BigPrince
Sat Aug 17, 2019 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Plan - Should I opt out?
Replies: 16
Views: 1822

Re: Pension Plan - Should I opt out?

I would opt out because the promise they make today will not be the promise they keep tomorrow given your time horizon.
by BigPrince
Sat Jun 15, 2019 1:43 am
Forum: Personal Investments
Topic: Vanguard Financial Plan requires Brokerage Account? Bait and switch?
Replies: 45
Views: 3711

Re: Vanguard Financial Plan requires Brokerage Account? Bait and switch?

RandalThor wrote:
Fri Jun 14, 2019 9:39 pm
snip
Policies change. Watch when they stop offering complimentary advice. Good luck.
by BigPrince
Sat Jun 01, 2019 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Distributions
Replies: 61
Views: 5860

Re: Required Minimum Distributions

Does anyone know if Vanguard can withhold federal and state income tax from RMDs? I don't see anything about withholding on Vanguard's website which suggests that they don't do it. Generally, you can always do Federal with a minimum of 10% if you opt for a withholding. State rules vary, so withhold...
by BigPrince
Sat Mar 09, 2019 10:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63945

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Maybe people who have had significant amounts of money over the years already have banks and accounts to hold and flow money without particularly wanting to take it all to Vanguard. True. But if you don't market it and actually seem to hide it you will never know what the market could be. Why creat...
by BigPrince
Sun Mar 03, 2019 9:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63945

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

I can work around the loss of the Advantage account without too much hassle. I can't help thinking though, that if I were a new investor, I would not consider Vanguard when Schwab and Fidelity also offer inexpensive index funds AND a CMA. New investors would not have enough assets to qualify for Va...
by BigPrince
Fri Mar 30, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: 401k vs Traditional IRA
Replies: 34
Views: 2499

Re: 401k vs Traditional IRA

. If you only have 5,500 you can save, that's probably exactly the person who should do a roth IRA. Second choice is roth 401k. Third would be 401k. Dead last is tIRA, unless you are SURE you will never want to use a backdoor roth. If you are sure of that, tIRA moves to third place. If you only hav...
by BigPrince
Thu Mar 29, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: 401k vs Traditional IRA
Replies: 34
Views: 2499

401k vs Traditional IRA

Suppose one has access to identical funds at the same costs inside their 401k plan and traditional IRA.

Suppose the most you could afford to place toward retirement 5,500.

Which investment vehicle would you pick and why?

Thanks.
by BigPrince
Sat Mar 17, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Conversion "Income"
Replies: 4
Views: 519

Re: IRA Conversion "Income"

Thank you!
by BigPrince
Sat Mar 17, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Conversion "Income"
Replies: 4
Views: 519

Re: IRA Conversion "Income"

Depends whether you would be a "qualifying child" or a "qualifying relative". See Qualifying Child or Relative Flowchart.pdf or Line 6c—Dependents for some flowcharts. Thank you! So, I am trying to decipher the "QUALIFYING RELATIVE" chart and it defines "Gross income means all income you received i...
by BigPrince
Sat Mar 17, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Conversion "Income"
Replies: 4
Views: 519

IRA Conversion "Income"

I did a conversion in 2017 from a Traditional to a Roth.

I did not earn any income from a job last year.

Can I be claimed as a dependent if my conversion was greater than $4,050 (the limit a dependent can make and still qualify).

Thanks.
by BigPrince
Thu Jan 25, 2018 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Trip cancellation insurance
Replies: 47
Views: 3485

Re: Trip cancellation insurance

What are the reasons allowed for cancellation? At that price it sounds like you can for many reasons. Somewhat complex. They have what they term “covered” and “non covered” reasons. Covered includes illness, an injury that would require cancellation, a death in family—same for your traveling compan...
by BigPrince
Thu Jan 25, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Trip cancellation insurance
Replies: 47
Views: 3485

Re: Trip cancellation insurance

What are the reasons allowed for cancellation? At that price it sounds like you can for many reasons.
by BigPrince
Tue Jan 09, 2018 10:11 am
Forum: Personal Investments
Topic: US / Int’l Allocation
Replies: 6
Views: 642

Re: US / Int’l Allocation

Past performance doesn’t guarantee future results yada yada ... Given current valuations / globalization in general - what would be the % allocation if one was attempting to equate the world economy in terms of market share Total US / Int’l Index - 60/40? 50/50? I use Vanguard Total World Stock Ind...
by BigPrince
Mon Jan 08, 2018 1:51 pm
Forum: Personal Investments
Topic: Smallest % worth Allocating in your Portfolio
Replies: 30
Views: 2633

Re: Smallest % worth Allocating in your Portfolio

I think it depends on the size of the total portfolio. I think having a small allocation in a small portfolio ends up producing drag, adds complexity, adds fees (particularly if you can't make a breakpoint share class), and can be more difficult to manage to keep in proportion. Pick some basic asset...
by BigPrince
Mon Jan 08, 2018 10:21 am
Forum: US Chapters
Topic: Livesoft at 58,000 posts!
Replies: 36
Views: 4547

Re: Livesoft at 58,000 posts!

:sharebeer
by BigPrince
Sun Jan 07, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: Recommendations for 72 hours in Dublin, Ireland
Replies: 27
Views: 1902

Re: Recommendations for 72 hours in Dublin, Ireland

Kilmainham Gaol

I remember picking the hop on/off bus company that is run by the city as it had much better reviews a number of years ago when I visited. Be sure to check if this is still the case.
by BigPrince
Sat Jan 06, 2018 8:36 pm
Forum: Personal Investments
Topic: Is now not a good time to start investing?
Replies: 36
Views: 3683

Re: Is now not a good time to start investing?

If you are nervous starting out, consider beginning by dollar cost averaging in through fixed, continuous contributions throughout the year instead of a lump sum.

This way you will still experience any gains along the way or have the opportunity to buy cheaper on the way down.
by BigPrince
Fri Jan 05, 2018 6:09 pm
Forum: Non-US Investing
Topic: As a German: Should I go 100% US stocks?
Replies: 62
Views: 6873

Re: As a German: Should I go 100% US stocks?

As an American, I don't even go 100% US stocks. Why should a non-American?
by BigPrince
Fri Jan 05, 2018 10:52 am
Forum: Personal Investments
Topic: I am waiting for an opportunity to lump sum my 2018 contribution to Roth IRA:)
Replies: 16
Views: 1573

Re: I am waiting for an opportunity to lump sum my 2018 contribution to Roth IRA:)

It is feasible such an opportunity may not present itself, however if you this is the course of action you'd like, consider slowing dollar cost averaging in until the opportunity you feel may come comes.

Don't find yourself on the last trading day of the year higher and still not invested.
by BigPrince
Fri Jan 05, 2018 8:02 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 233
Views: 33376

Re: Hitting The Sell Button

Consider hitting the exchange button instead.
by BigPrince
Thu Jan 04, 2018 8:23 am
Forum: Personal Investments
Topic: married for part of year
Replies: 2
Views: 413

Re: married for part of year

The question on your return will be something to the effect of "Where you married as of 12/31/18."

Answering "YES" to this question will place you in the married brackets for Roth IRAs if you file a joint return.
by BigPrince
Wed Jan 03, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: How safe are retirement accounts?
Replies: 19
Views: 2069

Re: How safe are retirement accounts?

I think the argument goes the higher the tax on consumption is the lower the tax on income.

This would render the a ROTH less useful because it diminishes the usefulness of growing the ROTH tax free from income tax while one ends up paying more in sales tax.
by BigPrince
Wed Jan 03, 2018 1:10 pm
Forum: Personal Consumer Issues
Topic: Recommend me a backpack for business use
Replies: 21
Views: 2145

Re: Recommend me a backpack for business use

This recommendation is more of a travel bag but I think it looks professional enough to consider for business.

~"Tortuga is the Apple of backpacks." - Snarky Nomad (He actually didn't say that but compared them in his review to Apple)

https://www.tortugabackpacks.com
by BigPrince
Wed Jan 03, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: How safe are retirement accounts?
Replies: 19
Views: 2069

Re: How safe are retirement accounts?

Everyone here is a hardworking and disciplined saver doing their very best to sacrifice living large now so they can have a (financially) peaceful retirement. But I was wondering about the safety of our retirement funds ... especially from governments. While a govt. might not blatantly take away th...
by BigPrince
Wed Jan 03, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: When married, whose contribution should you prioritize?
Replies: 30
Views: 3296

Re: When married, whose contribution should you prioritize?

Bingo and I am sure it was a mess sorting out the finances that have co-mingled after a long term marriage. Having just done this and with ex and myself both members of the two comma club post divorce it really isn't that bad as long as one you cooperate and two you use a neutral financial adviser ...
by BigPrince
Wed Jan 03, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Keep Pension Or Rollover
Replies: 8
Views: 978

Re: Keep Pension Or Rollover

You are still 20+ years out. You have to decide weather the promise they are making today is the promise they will keep tomorrow. Recent history has shown pensions are vulnerable to reductions for future retirees in times of economic duress. In some cases even to current retirees, read about Detroit...
by BigPrince
Wed Jan 03, 2018 10:23 am
Forum: Personal Investments
Topic: 2 fund vs 3 fund retirement portfolio for stability
Replies: 4
Views: 865

Re: 2 fund vs 3 fund retirement portfolio for stability

Consider reading about Japan's stock market and how it went from its high mark in the late 80's to go down and sideways to eventually losing 80% of its value in the the mid 2000's.

Diversifying international helps protect you against a long term stagnation of that sort.
by BigPrince
Tue Jan 02, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: When married, whose contribution should you prioritize?
Replies: 30
Views: 3296

Re: When married, whose contribution should you prioritize?

DrGoogle2017 wrote:
Tue Jan 02, 2018 12:39 pm
I would split evenly. I know a few couple in long term marriage who have divorced in retirement. I would never have guessed.
Bingo and I am sure it was a mess sorting out the finances that have co-mingled after a long term marriage.
by BigPrince
Tue Jan 02, 2018 6:58 pm
Forum: Personal Investments
Topic: Question on Vanguard web site: hide fund with 0 balance
Replies: 12
Views: 7026

Re: Question on Vanguard web site: hide fund with 0 balance

This was helpful.

I also like that I can change account order.

Now I wish I could change the order of the funds within each account.
by BigPrince
Tue Jan 02, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Consolidate to Single Financial Institution?
Replies: 30
Views: 3309

Re: Consolidate to Single Financial Institution?

You should see what your total assets are and if that balance helps you attain a certain level of service that you would miss out on should your separate out your assts.

I also agree with the point that less institutions makes it easier to sort out your estate.
by BigPrince
Tue Jan 02, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Pros and cons of 0%apr credit cards
Replies: 12
Views: 1438

Re: Pros and cons of 0%apr credit cards

^ You are buying stocks with borrowed money?
by BigPrince
Mon Jan 01, 2018 11:40 pm
Forum: Investing - Theory, News & General
Topic: International stocks -- lose rebalancing benefit with total international index?
Replies: 14
Views: 2056

Re: International stocks -- lose rebalancing benefit with total international index?

MnD wrote:
Mon Jan 01, 2018 10:26 pm
I'm increasingly convinced that anything other than Total World in equities is just a reflection of one's various behavioral errors and biases.
If I could get Total World for less than 10 basis points in a mutual fun, it is likely I would hop on that.
by BigPrince
Mon Jan 01, 2018 8:23 pm
Forum: Investing - Theory, News & General
Topic: Rationale for a 30% ex-US equity allocation
Replies: 30
Views: 4342

Re: Rationale for a 30% ex-US equity allocation

My investment plan for US/International is to roughly mimic the proportion Vanguard Total World Stock Index Fund Investor Shares (VTWSX). I made this decision after learning about how the Japanese economy hit ridiculously high in the late 80's and then went on a decades long slow streak down and sid...
by BigPrince
Mon Jan 01, 2018 6:58 pm
Forum: Investing - Theory, News & General
Topic: International stocks -- lose rebalancing benefit with total international index?
Replies: 14
Views: 2056

Re: International stocks -- lose rebalancing benefit with total international index?

Happy new year, Bogleheads! I just read Ferri's "All About Asset Allocation" book. Very well-written and informative. Here's the background for my question: on page 146, Ferri discusses international stocks as follows: Although buying an International index fund is "a convenient way to invest in de...
by BigPrince
Mon Jan 01, 2018 6:01 pm
Forum: Personal Investments
Topic: Help my 7 year old daughter invest $50 of her Christmas money
Replies: 30
Views: 2971

Re: Help my 7 year old daughter invest $50 of her Christmas money

My dad introduced me to finance through Certificates of Deposit (CDs). Maybe something to consider.

OR

I would find a company started by a female entrepreneur and maintain it in your brokerage account on her behalf, but that might get her into a bad habit of stock picking.
by BigPrince
Sun Dec 31, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Pros and cons of 0%apr credit cards
Replies: 12
Views: 1438

Re: Pros and cons of 0%apr credit cards

Ok the new account spending bonus is different from the perk of the 0% intro APR right? It used to be common to get both a new sign up bonus and 0% introductory APR offer. This presently seems less common. Overall, as long as you don't miss a payment and pay off the complete balance COMPLETELY by t...
by BigPrince
Sun Dec 31, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: What is magnitude of risk reduction via international equity diversification
Replies: 26
Views: 1952

Re: What is magnitude of risk reduction via international equity diversification

This doesn't answer the question directly but my investment plan between US/International is to roughly mimic the proportion Vanguard Total World Stock Index Fund Investor Shares (VTWSX). I made this decision after learning about how the Japanese economy hit ridiculously high in the late 80's and th...
by BigPrince
Sun Dec 31, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 73
Views: 13313

Re: Using Vanguard’s advisors

Are the Vanguard Financial Advisors outsourced? Are these people based in the U.S. or some place else? Are they U.S. citizens or are they on work visas if in this country? I have issues with allowing my investments to be managed by foreign personnel. Anyone who works a front facing job at Vanguard ...