Search found 695 matches

by CedarWaxWing
Fri Jul 19, 2019 3:08 pm
Forum: Investing - Theory, News & General
Topic: Changes to Morningstar Website?
Replies: 34
Views: 1900

Re: Changes to Morningstar Website?

I took the liberty to send M* an email and suggested that they read this thread and give some input to everyone as to what they are doing, why, and how they think the changes will improve or not their prior levels of functionality for people like us.

I sent it to Joe@morningstar.com
by CedarWaxWing
Fri Jul 19, 2019 2:38 pm
Forum: Investing - Theory, News & General
Topic: Changes to Morningstar Website?
Replies: 34
Views: 1900

Re: Changes to Morningstar Website?

Charting seems to be working OK: That's the old site, go here: https://www.morningstar.com/funds/XNAS/VTSAX/quote click on interactive chart and get the new default view: http://i.imgur.com/Qxm3zOg.png But this chart does not allow comparisons to other mutual funds (only etf indexes). :confused :an...
by CedarWaxWing
Fri Jul 19, 2019 2:34 pm
Forum: Investing - Theory, News & General
Topic: Changes to Morningstar Website?
Replies: 34
Views: 1900

Re: Changes to Morningstar Website?

They have had the new layout as "beta" for a while. It looks like the transition is now done and this is now the only site. Like everything else on the internet, many of the changes appear to have been made for the sake of those who access it on a phone. If the tax cost ratio is based on their calc...
by CedarWaxWing
Thu Jul 18, 2019 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Substantial position in an individual stock
Replies: 31
Views: 2160

Re: Substantial position in an individual stock

Perhaps I the simpleton on this list. An over weighted position in a stock that has done very well is not a bad place to be, but not necessarily a good place to stay. The reason to invest is to use your capital to get returns. You have partially achieved that with this one stock, but until you harve...
by CedarWaxWing
Wed Jul 17, 2019 2:35 pm
Forum: Personal Investments
Topic: asset allocation anxiety
Replies: 29
Views: 2124

Re: asset allocation anxiety

I am your age and doing ok financially. We have a 50:50 allocation and am very comfortable with that. When we start SS at age my age 70, I will likely go to 60/40 Stocks/Bonds and stay there likely forever. I was 80:20 for decades and did fine in the recent recession years... but now I am retired de...
by CedarWaxWing
Tue Jul 16, 2019 5:09 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 104
Views: 7668

Re: Switching from passive to active management

The advisors cited by Ruralavalon here are all erudite and capable authors who are well versed in their fields. They (and we) know that there is no secret sauce, and I think most of those advisors consider it a good experience to help people become less dependent on their personal services as time ...
by CedarWaxWing
Tue Jul 16, 2019 3:51 pm
Forum: Investing - Theory, News & General
Topic: Primecap Admiral Fund VPMAX
Replies: 27
Views: 5728

Re: Primecap Admiral Fund VPMAX

Then again.... VPMAX still does not have the diversity of an index fund, and can be prone to underperfomance for the same reason it at times outperforms. It was the first fund I had in my VG account... and still have it. I did sell about half of it a few years ago to diversify into the indexes. http...
by CedarWaxWing
Tue Jul 16, 2019 3:20 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 104
Views: 7668

Re: Switching from passive to active management

I always wonder why people who have the secret sauce choose to share it (for a hefty fee of course) rather than keep it under lock and key. The advisors cited by Ruralavalon here are all erudite and capable authors who are well versed in their fields. They (and we) know that there is no secret sauc...
by CedarWaxWing
Mon Jul 15, 2019 5:33 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 104
Views: 7668

Re: Switching form passive to active management

I would hire Rick Ferri with Ferri Investment Solutions who charges by the hour and works with a lot of high net worth individuals to recommend an asset allocation for me. I’d hire an estate attorney and tax expert who also charge by the hour to develop plans for me. Then I’d execute those plans us...
by CedarWaxWing
Mon Jul 15, 2019 1:06 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 104
Views: 7668

Re: Switching form passive to active management

http://flip4u.org/docs/If%20You%20Can%20Millenials-Bill%20Bernstein.pdf 1. I would suggest you download this pdf that is generously given away by Dr. Bill Bernstein. Put it on your portable devices, and your desktop and read it about 3 times over 3 weeks. Do it in a leisurely but thoughtful fashion....
by CedarWaxWing
Mon Jul 15, 2019 10:50 am
Forum: Personal Investments
Topic: How do most advisors produce client returns?
Replies: 57
Views: 4092

Re: How do most advisors produce client returns?

Based on my friends and acquaintances who have an "FA"... Most of them: 1. have no idea of how to determine the E/R of any one of their funds, and certainly not a weighted E/R. 2. do not know what up front loads, redemption fees, turnover costs, taxes on returns, AUM fees, E/R costs are ... nor how...
by CedarWaxWing
Sun Jul 14, 2019 3:37 pm
Forum: Personal Investments
Topic: How do most advisors produce client returns?
Replies: 57
Views: 4092

Re: How do most advisors produce client returns?

Is there any "understanding" that the risk adjusted portfolio will contain at least 12 or so funds? Just complex enough that no client will figure out total ERs, fees, tilt, or be able to compare their returns to anything? I could be wrong, but I think the average person is smart enough to be shown...
by CedarWaxWing
Sat Jun 22, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Wife considering returning to work
Replies: 40
Views: 4664

Re: Wife considering returning to work

Dear OP, Your post inspired me to reply and I’d like to help you look at your situation from the perspective of someone who faced the same choices and decisions 25 years ago. You will notice there are lots of replies that favor and extol the virtues of stay-at-home parenting and those that tell of ...
by CedarWaxWing
Sat Jun 22, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1020
Views: 273322

Re: Share your net worth progression

ponyboy wrote:
Thu Jun 13, 2019 6:19 am
Just a friendly reminder to anyone here who gets discouraged at their net worth progression...

"comparison is the thief of joy"
10000+
by CedarWaxWing
Sat Jun 22, 2019 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Frugal or cheap?
Replies: 106
Views: 8939

Re: Frugal or cheap?

Bought in 2011 when the market was down, on the water close to work. Like the location and others on our street around 2500 sq ft have sold in the 300-350k range recently so not outpricing the neighborhood Sounds like it might be a good place to stay and raise a family. :happy The addition sounds a...
by CedarWaxWing
Sat Jun 22, 2019 2:31 am
Forum: Personal Consumer Issues
Topic: breathable office shoes
Replies: 16
Views: 1837

Re: breathable office shoes

leather keen sandals.... black looks fairly nice imho.
by CedarWaxWing
Thu Jun 20, 2019 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 345
Views: 92622

Re: How to Minimize Your Emergency Care Expenses

Great thread. Interesting personal story relating to emergency care expenses. I'm employed in healthcare, have full benefits and a decent understanding of how things work. Last year, son (8) had appendix out emergently at closest, local community hospital that's considered out of network. He was in...
by CedarWaxWing
Sat Jun 15, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 337
Views: 26154

Re: Selling home- Demanding Buyer (Repairs)

We recently sold a condo (inherited) which had numerous issues. I was going to have all the needed work done, mostly by myself but took a 5k haircut to sell it,https://www.bogleheads.org/forum/viewtopic.php?f=10&t=282015 as is, to the 1st person who was shown the house, saving me about 2 months of ...
by CedarWaxWing
Mon Jun 03, 2019 5:41 pm
Forum: Personal Investments
Topic: Would you pay off car loan early?
Replies: 46
Views: 2328

Re: Would you pay off car loan early?

If a recession means the difference between making a car payment or not, then one might posit there was not enough financial capacity to purchase a highly depreciating asset like a new car to begin with. Buying a new car instead of a preowned car is something else to avoid but that is another story...
by CedarWaxWing
Sat Jun 01, 2019 1:30 pm
Forum: Personal Consumer Issues
Topic: Paying Kids For Good Grades -- do you do it?
Replies: 131
Views: 11166

Re: Paying Kids For Good Grades -- do you do it?

I paid my daughter $100 every quarter for all As. If at the end of the year she had all As, she got a $500 bonus. This started in 1st Grade. There was also a bonus for class rank. This made her very competitive and extremely hungry. She really wanted that $500 to buy clothes and shoes in the summer...
by CedarWaxWing
Fri May 31, 2019 12:15 pm
Forum: Personal Consumer Issues
Topic: Paying Kids For Good Grades -- do you do it?
Replies: 131
Views: 11166

Re: Paying Kids For Good Grades -- do you do it?

I paid my daughter $100 every quarter for all As. If at the end of the year she had all As, she got a $500 bonus. This started in 1st Grade. There was also a bonus for class rank. This made her very competitive and extremely hungry. She really wanted that $500 to buy clothes and shoes in the summer...
by CedarWaxWing
Fri May 31, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Paying Kids For Good Grades -- do you do it?
Replies: 131
Views: 11166

Re: Paying Kids For Good Grades -- do you do it?

No money but a gift of acknowledgment. Our kid is finishing up 7th grade with advance classes. If he finishes the year with all A's he will receive a Shun Gentleman's personal steak knife as he is a self proclaimed steak lover and commented on the poor quality (edge) of a steak knife he recently us...
by CedarWaxWing
Fri May 24, 2019 6:17 pm
Forum: Personal Investments
Topic: Dividend Growth Fund VDIGX
Replies: 14
Views: 2034

Re: Dividend Growth Fund VDIGX

I am very proud of this Fund since owning it for a bit over 10 years. Its performance has beaten the S/P index and The Total Stock MKT this year so far and has returned about 14% since I purchased it. It is one of my standouts in my portfolio. At 3, 5, and 10 years it appears to have not done as we...
by CedarWaxWing
Fri May 24, 2019 6:16 pm
Forum: Personal Investments
Topic: Dividend Growth Fund VDIGX
Replies: 14
Views: 2034

Re: Dividend Growth Fund VDIGX

Deleted due to duplication.
Sorry about the spacing problem.. so I added a link for anyone who wishes to confirm the numbers and source.
by CedarWaxWing
Sun May 19, 2019 8:15 pm
Forum: Personal Consumer Issues
Topic: Disposing of Residential Landscaping Rocks, Concrete, etc...
Replies: 22
Views: 1861

Re: Disposing of Residential Landscaping Rocks, Concrete, etc...

Landscaping rock will be useful to someone. Free on Craigslist works well if so. My BIL has been digging out limestone out of his backyard for about 3 decades.. (rather than joining a gym.. he is very Bogleish. ) He digs it, piles at the curbside, and posts it on CL.. free to anyone that wants it. I...
by CedarWaxWing
Sun May 19, 2019 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 223
Views: 14575

Re: FIRE - What am I missing in the News Stories

Google roth pipeline. Also very unlikely someone has 1.2 million in a 401(k) at 35.And yes the key is living on moderate incomes. And yes we can debate how many of them are retired. It is a catch name. The other thing to remember is that we are probably talking about a tiny number of people doing i...
by CedarWaxWing
Fri May 17, 2019 1:32 pm
Forum: Personal Investments
Topic: Taxable Account to avoid sitting on the sidelines!
Replies: 13
Views: 1097

Re: Taxable Account to avoid sitting on the sidelines!

IF your fellowship is in a STEM field most incomes from that are about 37 K or so to start... when my son started his PHD program that was pretty uniform around the country (USA). Unless you get a 1099 or W2 from the fellowship, you are correct that such income is not eligible for Roth contribution...
by CedarWaxWing
Thu May 16, 2019 2:01 pm
Forum: Personal Investments
Topic: Taxable Account to avoid sitting on the sidelines!
Replies: 13
Views: 1097

Re: Taxable Account to avoid sitting on the sidelines!

IF your fellowship is in a STEM field most incomes from that are about 37 K or so to start... when my son started his PHD program that was pretty uniform around the country (USA). Unless you get a 1099 or W2 from the fellowship, you are correct that such income is not eligible for Roth contributions...
by CedarWaxWing
Mon May 13, 2019 3:29 pm
Forum: Personal Investments
Topic: Does our adviser hate us - Brokerage Account help please
Replies: 27
Views: 2558

Re: Does our adviser hate us - Brokerage Account help please

MotoTrojan wrote:
Mon May 13, 2019 3:23 pm
This should be criminal.
1+
by CedarWaxWing
Mon May 13, 2019 3:10 pm
Forum: Personal Investments
Topic: Email to my Edward Jones Rep
Replies: 46
Views: 4312

Re: Email to my Edward Jones Rep

I also would just start with the transfer; if you want to send him a note to let him know you are doing it for reasons of simplicity and cost, you can do that. I'm sure he knows his costs are higher than Vanguard's. It's his job to convince you that you ought to leave the existing account money the...
by CedarWaxWing
Mon May 13, 2019 2:52 pm
Forum: Personal Investments
Topic: Does our adviser hate us - Brokerage Account help please
Replies: 27
Views: 2558

Re: Does our adviser hate us - Brokerage Account help please

Your advisor is trained in sales, not finance or investing. His corporate overlords have recommended this type of portfolio, and told him how to sell it to you. Probably, he believes that they are smarter and righter than you are, and he thinks he's doing you lots of good while also making money. W...
by CedarWaxWing
Tue Apr 23, 2019 4:18 pm
Forum: Personal Investments
Topic: Tapping into Roth to buy a house
Replies: 21
Views: 1563

Re: Tapping into Roth to buy a house

Well, the rentals made me far more than the market - because it is leveraged money. Not even close. There is also more risk and more time being consumed to attend to those properties, and again, less liquidity, at higher cost of selling than MFs. No free lunches... you may think your risk is not hi...
by CedarWaxWing
Sun Apr 21, 2019 10:30 pm
Forum: Personal Investments
Topic: Tapping into Roth to buy a house
Replies: 21
Views: 1563

Re: Tapping into Roth to buy a house

Well, the rentals made me far more than the market - because it is leveraged money. Not even close. There is also more risk and more time being consumed to attend to those properties, and again, less liquidity, at higher cost of selling than MFs. No free lunches... you may think your risk is not hi...
by CedarWaxWing
Sun Apr 21, 2019 10:24 pm
Forum: Personal Investments
Topic: Tapping into Roth to buy a house
Replies: 21
Views: 1563

Re: Tapping into Roth to buy a house

I would not recommend taking out the Roth funds. 1. You have plenty of real estate.... which will not be paid off for a lot more years. It provides diversification, and participation in the market... but also has more risk and is not liquid. The taxes and expenses to sell with not be significant whe...
by CedarWaxWing
Fri Apr 19, 2019 4:46 pm
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 61
Views: 6745

Re: Fire my financial advisor now or later? (recent windfall help needed)

BarnacleBob: I think you are way too kind in giving the benefit of the doubt to this so called FA, so you must be one heck of a nice guy! She knows what her job is, and she knows who she is supposed to satisfy... her company comes first. These companies are looking for people like that to represent...
by CedarWaxWing
Fri Apr 19, 2019 3:17 pm
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 61
Views: 6745

Re: Fire my financial advisor now or later? (recent windfall help needed)

Welcome, They eye rolls start as soon as you say what her response is. Especially this: "managed passive strategy" as its complete non speak meant to passivate and/or confuse you. An internal turnover of 3% is hardly anything and you will be in the top tax bracket pretty much no matter what you do ...
by CedarWaxWing
Sat Mar 30, 2019 5:01 pm
Forum: Personal Consumer Issues
Topic: Are independent garages cheaper than dealer?
Replies: 58
Views: 4286

Re: Are independent garages cheaper than dealer?

Warranty recall was done at the dealer... no charge of course. Dealer says: "You should get your fuel injection system cleaned." Me: Why. Fuel economy is unchanged, it runs great, I use Tier one fuel. Dealer: "We recommend you do it." Me: Why? Dealer: "All the dealers recommend it." Me: That does no...
by CedarWaxWing
Wed Mar 13, 2019 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle a spousal inherited 401 K?
Replies: 1
Views: 345

How to handle a spousal inherited 401 K?

A friend of our recently lost her spouse and has the following scenario: Husband died this year at age 63. Wife is age 64. Husband has a 401 K of about 1.5 million (or perhaps more) The Wife has his and her t IRAs worth a combined 60 K. SS will not be taken until Wife is 67 (her spouse's full retire...
by CedarWaxWing
Sun Mar 10, 2019 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Is a boglehead.org meeting tax deductible?
Replies: 14
Views: 1681

Re: Is a boglehead.org meeting tax deductible?

mickeyd wrote:
Sun Mar 10, 2019 4:02 pm
I think that cedarwaxwing should definitely take all Boglehead travel/entertainment expenses on his tax return. Note to cedarwaxwing: please let us know if it works (IRS falls for it).
My approach to life is simple... if it is not legal, I don't do it. :)
by CedarWaxWing
Sun Mar 10, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Is a boglehead.org meeting tax deductible?
Replies: 14
Views: 1681

Re: Is a boglehead.org meeting tax deductible?

Then again...I am self employed, as a retiree who makes my income by investing. If you make your income by investing your own portfolio, the IRS would not define you to be self-employed (and from a tax perspective you are better off that way!) Because if "self employed" ss taxes, medicare taxes wou...
by CedarWaxWing
Sun Mar 10, 2019 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Is a boglehead.org meeting tax deductible?
Replies: 14
Views: 1681

Re: Is a boglehead.org meeting tax deductible?

Then again...I am self employed, as a retiree who makes my income by investing. I do tend to agree with what the CPA says because I cannot find evidence that he is actually wrong, and the source he cites is the same as was cited by those to noted the recent tax law changes. Too bad for us ave guys.....
by CedarWaxWing
Fri Mar 08, 2019 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Is a boglehead.org meeting tax deductible?
Replies: 14
Views: 1681

Is a boglehead.org meeting tax deductible?

According to the cpa who does my taxes... that meeting in Penn last October is not deductible. May I ask if anyone her who should know... that there any way he could simply be wrong? If he is wrong... or not... any supportable opinions on that concept are welcome, no matter where it goes. The intent...
by CedarWaxWing
Thu Jan 31, 2019 10:32 pm
Forum: Personal Investments
Topic: Considering Switching to Index Funds
Replies: 15
Views: 1280

Re: Considering Switching to Index Funds

Question: Are all these accounts with the same company? Is your 401k invested in American funds? If so, even if the E/Rs are low, you very possibly have high fees that you are not aware of. I have seen the fine print of a company that does 401 K programs using American Funds. Due to the "Fiduciary R...
by CedarWaxWing
Wed Dec 12, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 857
Views: 87758

Re: What frugal thing did you do today?

I think this is the most idiotic and a low-life thing one can do. This is not being frugal; this is downright theft. I believe it is illegal and I am sure if the person doing it is reported, the cop will find a way to write him up, or at least s/he should. What law was broken? When I was walking el...
by CedarWaxWing
Wed Dec 12, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22836

Re: What percentage of your net worth is your home equity?

OP, I do not count my house as part of my net worth. If someone is counting the house as part of their net worth, they had bought too much house. KlangFool Actionably: I cannot pay my retirement expenses with the home I live in. And, it's not counted as net worth. And, is not related to my allocati...
by CedarWaxWing
Thu Dec 06, 2018 11:21 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 857
Views: 87758

Re: What frugal thing did you do today?

Built my own computer (with the help of my EE/CS son) which was a great deal better than one prebuilt, and a heck of a lot better machine with parts that can be replaced and upgrades as needed. Dual bootable also.
by CedarWaxWing
Thu Dec 06, 2018 11:12 pm
Forum: Personal Consumer Issues
Topic: portable jump starters
Replies: 72
Views: 6002

Re: portable jump starters

Most likely not a great idea. Many of those items are not high quality, and not likely to work when needed. You may consider making sure you have a good car battery that holds a charge, and have a good set of 4 gauge high quality battery cables for jump starts if need in a pinch. A good battery char...
by CedarWaxWing
Thu Dec 06, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 857
Views: 87758

Re: What frugal thing did you do today?

It's worse than cheap - downright dishonest. I wouldn't want a stranger's clothes drying with mine. How do I know what cooties are in it? That is JUST TERRIBLE and possibly illegal! Ok, calm down. I understand you wouldn't want a stranger's clothes drying with yours, but illegal? Come on. What law ...
by CedarWaxWing
Sun Dec 02, 2018 12:35 am
Forum: Personal Consumer Issues
Topic: Window condensation
Replies: 15
Views: 2163

Re: Window condensation

https://www.builditsolar.com/Projects/C ... lewrap.htm

Put bubble wrap on the windows for a winter insulation. Saves heat, I think it should also prevent the condensation.

After that, don't pull the blinds down...

Good luck.