Search found 647 matches

by nps
Fri Aug 16, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: HSA withdrawal question
Replies: 5
Views: 334

Re: HSA withdrawal question

What would you do if the money was coming from prior contributions to a Roth IRA instead of from an HSA?
by nps
Fri Aug 16, 2019 5:52 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Small Value Stocks are Cheap
Replies: 197
Views: 9749

Re: Larry Swedroe: Small Value Stocks are Cheap

Elysium backs up this statement with the real results below, showing that in the real world (no cost-free long/short portfolios, everyone knows about factors, much trading dominated by professionals/algorithms), LCG has outperformed LCV, and SCG has outperformed SCV since 1993, a 26 year time span,...
by nps
Thu Aug 15, 2019 6:25 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Small Value Stocks are Cheap
Replies: 197
Views: 9749

Re: Larry Swedroe: Small Value Stocks are Cheap

Are these easily investable? I honestly don't know but some on this thread have made the assertion that US SCV performance could be significantly diminished by broad, low cost access. For the US-based investor at least, my understanding is that outside of advisor funds like DFA there are no good op...
by nps
Thu Aug 15, 2019 4:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Small Value Stocks are Cheap
Replies: 197
Views: 9749

Re: Larry Swedroe: Small Value Stocks are Cheap

I wouldn't call it exactly chugging along nicely, more like crawling along. SC returns are made to look better internationally because of the nearly non-existent returns from EAFE LC stocks over the last decade. When you bring in US LC stocks, it would have been better to avoid International all to...
by nps
Wed Aug 14, 2019 7:57 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Small Value Stocks are Cheap
Replies: 197
Views: 9749

Re: Larry Swedroe: Small Value Stocks are Cheap

If we view risk in terms of either at least matching inflation over a given period or providing investors with the returns needed to achieve their goals, then over the history of our data on SCV, it's been significantly less risky than TSM. For instance, TSM had negative real returns in the 1970s a...
by nps
Wed Aug 14, 2019 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Net-worth rule of thumb for house purchase?
Replies: 123
Views: 5810

Re: Net-worth rule of thumb for house purchase?

rbaldini wrote:
Wed Aug 14, 2019 2:32 pm
But I don't know of any rules of thumb regarding net worth - e.g. don't buy a house whose value exceeds some factor of your net worth.
Ask KlangFool
by nps
Tue Aug 13, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Small Value Stocks are Cheap
Replies: 197
Views: 9749

Re: Total Markets and category averages

No one knows which stock category will outperform or underperform in the future. Nevertheless, we DO know that total stock market investors will never be in the bottom category of investment returns which allows us to sleep well. Best wishes. Taylor And how do you know that, Taylor? whodidntante: W...
by nps
Mon Aug 05, 2019 8:59 pm
Forum: Personal Investments
Topic: How much Small Cap Value?
Replies: 52
Views: 3302

Re: How much Small Cap Value?

Still in plain English concentration is the opposite of diversification. Your two links discuss diversification and give examples. I don't see anything in your two links that says that concentration is diversification. I see the admonition to include both stocks and fixed income, to include all cap...
by nps
Sun Aug 04, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: Simple vs Complex Index Portfolio
Replies: 26
Views: 2557

Re: Simple vs Complex Index Portfolio

longinvest wrote:
Sat Aug 03, 2019 9:04 am
Also, prioritizing the placement of a slower growing asset in tax-advantaged leads to a slower growth of tax-advantaged space relative to the size of the entire portfolio.
Isn't this a good thing if the tax-advantaged space in question is a traditional 401k or IRA?
by nps
Sat Aug 03, 2019 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Federal employees: FERS and voluntary separation?
Replies: 24
Views: 1874

Re: Federal employees: FERS and voluntary separation?

Delamer They'd be reemployed... so service credits would apply, but I'm fairly sure that they would be under the conditions for new employees AFA contributions towards retirement (already higher and potentially even more) OP, I think that the question would be do you need the insurance in period be...
by nps
Fri Aug 02, 2019 9:08 pm
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 16009

Re: Why Mr. Bogle prefers U.S stocks

The notion (with some, it’s a claim of certainty) that a particular asset class (international in this case) will outperform in the future, therefore one must invest in it, is most certainly performance chasing. I don’t care how others choose to invest their money, but they should at least be hones...
by nps
Thu Jul 25, 2019 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax settlement: how to file claim?
Replies: 130
Views: 10989

Re: Equifax settlement: how to file claim?

In order to get the $125 you have to certify that you do not already have credit monitoring (and I don't so I am not eligible for the $125). I don't know if I'm really interested in Credit Monitoring - I supposed it can't hurt - but seems I am just going to be getting more junk mail from Equifax if...
by nps
Thu Jul 25, 2019 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: First Home Purchase - Disagreement on Appraisal Contingency
Replies: 81
Views: 3442

Re: First Home Purchase - Disagreement on Appraisal Contingency

The BUYER is asking for the appraisal contingency which is not standard. An appraisal contingency is typically moot because you have the mortgage contingency. That it’s typically moot does not mean that it’s non-standard. Appraisal is a completely normal contingency. It isn't in the standard contra...
by nps
Tue Jul 23, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Off Mortgage Question
Replies: 77
Views: 6551

Re: Paying Off Mortgage Question

Someone recommended ChooseFI to me and I listened to a few episodes. I think this was one of them, 133R, unless it was a follow-up. Anyway, I was disappointed by the discussion. (Ultimately, I decided that the podcast wasn't for me and where I'm headed, but I could see a lot of people liking it.) T...
by nps
Thu Jul 18, 2019 5:49 pm
Forum: Investing - Theory, News & General
Topic: TSP 3-Funds or TSP Target Date Fund?
Replies: 57
Views: 3372

Re: TSP 3-Funds or TSP Target Date Fund?

I think you meant to say it should return MORE, and that's definitely true. However, investors shouldn't evaluate the risk-adjusted return of the G fund versus the F fund individually unless they own 0% in stocks. Risk-adjusted return should be measured at the portfolio level, and except for extrem...
by nps
Tue Jul 16, 2019 9:11 pm
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 22139

Re: Why factor investing isn't working

If you have good risk story for the other factors love to hear it. Having talked with many of the leading practitioners and academics I have not found one that believes there is a good risk story for these other factors. Larry, in your book you cite several risk explanations for MOM: (1) the growth...
by nps
Fri Jul 12, 2019 8:03 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Enhancing the Performance of Momentum Strategies
Replies: 4
Views: 659

Re: Larry Swedroe: Enhancing the Performance of Momentum Strategies

Larry Swedroe recently posted an article on improving momentum strategies by screening out stocks with "extreme" recent returns. Do any current momentum funds actually perform this screen? MTUM does indirectly, at least to an extent. Because it measures momentum net of beta, super-volatile stocks w...
by nps
Fri Jul 12, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Enhancing the Performance of Momentum Strategies
Replies: 4
Views: 659

Larry Swedroe: Enhancing the Performance of Momentum Strategies

Larry Swedroe recently posted an article on improving momentum strategies by screening out stocks with "extreme" recent returns. Do any current momentum funds actually perform this screen? More broadly, would it be fair to say that while the major factors themselves are fairly well-established in th...
by nps
Tue Jul 09, 2019 5:50 am
Forum: Personal Investments
Topic: HSA Account - should I open Fidelity?
Replies: 8
Views: 980

Re: HSA Account - should I open Fidelity?

You would have to continually transfer any employer-provided funds if you use a different custodian. Not sure that's worth it especially if you can make use of TDA's more reasonable ETFs like SPDRs. Fees and minimums vary. If her employer is the federal government though, there are no investment fee...
by nps
Mon Jul 08, 2019 7:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 19272

Re: Larry Swedroe: The Historical Imperative For International Diversification

While I believe there is no doubt he made more contribution to investors than anyone, he was wrong on two big issues, this being one (I have never met a single financial economist who agreed with him, not one) and the other that value stocks had NOT outperformed growth stocks. That is just facts an...
by nps
Mon Jul 08, 2019 6:31 pm
Forum: Personal Consumer Issues
Topic: (Tall) Buyer Beware: Honda Accord.
Replies: 69
Views: 5601

Re: (Tall) Buyer Beware: Honda Accord.

I had a similar problem with the new Accord. Ceiling too low even on lowest seat setting. Anything but LX or Sport 1.5 takes a big chunk out of headroom with the non-optional sunroof.
by nps
Sat May 11, 2019 7:48 pm
Forum: Personal Investments
Topic: Need Advice for Low Cost Investment in TD Ameritrade for HSA Money
Replies: 15
Views: 1116

Re: Need Advice for Low Cost Investment in TD Ameritrade for HSA Money

wangy26 wrote:
Sat May 11, 2019 7:46 pm
For ETF is there an option to invest the dividend automatically? Otherwise, what do you do with small amount of the money from dividend sitting there?
You can. You need to opt into it though. It is somewhere in the TD Ameritrade settings for your account.
by nps
Mon Apr 29, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Fed interviewing for a private sec job - value of FERS pension?
Replies: 37
Views: 2471

Re: Fed interviewing for a private sec job - value of FERS pension?

The calculation is years of service * 1% * average of high 3 annual salary (base, no locality adjustment). This seems to be a widespread misconception for some reason, even federal retirement speakers do not always get it correct. FERS high 3 is calculated using basic pay, which includes base pay a...
by nps
Wed Apr 24, 2019 6:25 pm
Forum: Forum Issues and Administration
Topic: Two pet peeves: Signatures and quoting pages of text
Replies: 20
Views: 1717

Re: Two pet peeves: Signatures and quoting pages of text

I love this site and it provides a lot of value to me, so I hope the contributors here don't take offense. But here are two things that bug me: 1. Just about every "signature". I don't want to single out any particular one, but they are often pointless and cliche and the internet equivalent of spea...
by nps
Sun Apr 14, 2019 2:30 pm
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan expenses rising
Replies: 50
Views: 4536

Re: Thrift Savings Plan expenses rising

If you have followed the thread about upcoming changes to the I Fund, then you will see that the transition to the MSCI ACWI ex US IMI index will result in an increase in fees. The I Fund will likely be more expensive than VXUS or IXUS for the transition period, but will be less expensive after. It...
by nps
Wed Apr 10, 2019 5:53 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 13675

Re: International under-performance

This is the currency that I use for spending - that makes a difference. Also, if there's a US currency collapse, forget about the value of any of your stock holdings, including ex-US. Owning ex-US doesn't really protect you from much of anything. I honestly wish it did, but it doesn't. How exactly ...
by nps
Tue Apr 09, 2019 8:11 pm
Forum: Personal Investments
Topic: Challenge Setting Aside Monthly Savings
Replies: 12
Views: 1069

Re: Challenge Setting Aside Monthly Savings

Just leave whatever buffer you feel is needed to be sitting in your checking account (for example $2k) to meet your expenses and transfer the rest to your investment accounts once per month. Exactly. If you are cash flow positive, this is just an issue of keeping too little in checking. The problem...
by nps
Fri Apr 05, 2019 5:48 am
Forum: Personal Investments
Topic: Is 30x expenses for financial independence an after-tax or pre-tax number?
Replies: 22
Views: 2940

Re: Is 30x expenses for financial independence an after-tax or pre-tax number?

Standard deduction is $24,000 for a couple, so you only pay tax on $56,000. Which would be around $8000. If you're only talking federal tax for a couple in this example, it's closer to $6000. It's hard to tell without the state, but I suspect that the OP might be using a marginal rate to estimate e...
by nps
Fri Apr 05, 2019 4:48 am
Forum: Personal Finance (Not Investing)
Topic: Tax Cut & Jobs ACT Overseas PCS move impacts
Replies: 4
Views: 499

Re: Tax Cut & Jobs ACT Overseas PCS move impacts

That's what Withholding Tax Allowance is for. It reimburses those taxes in the year they are withheld.

Not sure what agency you work for but since you referenced Stars and Stripes articles, here's the DFAS link for WTA:

https://www.dfas.mil/civilianemployees/ ... wance.html
by nps
Thu Apr 04, 2019 4:51 am
Forum: Personal Investments
Topic: Confused on how much I can contribute to an HSA this year
Replies: 14
Views: 1313

Re: Confused on how much I can contribute to an HSA this year

Was the FSA provided under your job or hers? Who changed employers?

The FSA would be terminated upon separation from employment for the employee it is associated with. In that case the last month rule could be utilized.
by nps
Wed Mar 27, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Cut & Jobs ACT Overseas PCS move impacts
Replies: 4
Views: 499

Re: Tax Cut & Jobs ACT Overseas PCS move impacts

Any reimbursements being made to you will already have tax withheld. You will just need to worry about payments made directly to vendors, and I believe the government employer is supposed to pay the IRS those withholdings as well and then subsequently debit you. You would file Withholding Tax Allowa...
by nps
Sat Mar 23, 2019 5:13 am
Forum: Personal Investments
Topic: Vanguard no longer commission free, how do I fix this?
Replies: 20
Views: 3055

Re: Vanguard no longer commission free, how do I fix this?

Check out SPTM vs VTI at Portfolio Visualizer from 2002 to 2019 CAGR: 7.51% for SPTM vs 7.99% for VTI which is a 48 basis point difference! https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&endDate=03%2...
by nps
Tue Mar 19, 2019 4:20 pm
Forum: Personal Investments
Topic: The case for 100% equities
Replies: 199
Views: 13479

Re: The case for 100% equities

Ability to rebalance. Having some allocation to bonds allows you to rebalance and buy stocks at lower prices, and a 100% stock portfolio doesn't enable this. The problem with this sentiment is that it ignores the fact that the portfolio would more often be rebalancing away from the higher expected ...
by nps
Tue Mar 19, 2019 2:08 pm
Forum: Personal Investments
Topic: The case for 100% equities
Replies: 199
Views: 13479

Re: The case for 100% equities

If you look at my post history you will see numerous times I advocate for 100% equities, which has provoked many counter-arguments. These are the lines of rationale I found least convincing. 1. Disbelief you can handle the risk. These arguments start off by simply denying the premise--that you can ...
by nps
Fri Mar 15, 2019 6:03 pm
Forum: Personal Investments
Topic: TSP Question...
Replies: 26
Views: 2528

Re: TSP Question...

I wouldn't chase returns with bonds, but that's me. You might ask yourself why you chose 20 percent bonds in the first place, and what role you see bonds playing in your portfolio, and use that to help decide. You could also always lower your bond allocation a little and take your risks on the equit...
by nps
Fri Mar 15, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Is my *entire* life financed when I have a mortgage?
Replies: 84
Views: 6005

Re: Is my *entire* life financed when I have a mortgage?

So playing with, https://www.bankrate.com/calculators/managing-debt/annual-percentage-rate-calculator.aspx, I think that I convinced myself that each marginal purchase does have the effect of borrowing more. Again, assuming you don't have a mortgage now, each mariginal purchase you make already has...
by nps
Fri Mar 15, 2019 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Is my *entire* life financed when I have a mortgage?
Replies: 84
Views: 6005

Re: Is my *entire* life financed when I have a mortgage?

OP yes, you are correct. The mortgage is collateralized by your house, but economically, every dollar you choose to spend away from paying down debt is effectively borrowed at your mortgage rate. Thanks, this is what I thought was going on. What's so significant about a mortgage or debt in general ...
by nps
Tue Mar 12, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tricky HDHP/HSA situation
Replies: 7
Views: 754

Re: Tricky HDHP/HSA situation

Today your wife can contribute $7000 max. If you also get an HDHP and at least one of you has family coverage, the two of you combined can contribute $7000 max. That includes employer contributions. There is really nothing to maximize by having two HSAs, unless you happen to both be 55 or over and c...
by nps
Tue Mar 12, 2019 5:56 pm
Forum: Personal Investments
Topic: Questions about TD Ameritrade HSA
Replies: 4
Views: 316

Re: Questions about TD Ameritrade HSA

Last I asked TD Ameritrade wouldn't comp commissions in an HSA account, though they did in a regular taxable account. They claimed it would be treated as an HSA contribution. Not sure if anyone else has gotten them to do it... I don't think the OP is asking this but just in case, those dollars don't...
by nps
Tue Mar 12, 2019 5:46 am
Forum: Personal Consumer Issues
Topic: United Economy class and personal item bringing on plane
Replies: 23
Views: 2338

Re: United Economy class and personal item bringing on plane

The thread is about carry on bag sizing, so that's what I had in mind. Sorry, I see now you are asking a separate question about checked bag allowance. Yes, it's my understanding that First Marketing Carrier applies to your itinerary for baggage allowances.
by nps
Tue Mar 12, 2019 4:43 am
Forum: Personal Consumer Issues
Topic: United Economy class and personal item bringing on plane
Replies: 23
Views: 2338

Re: United Economy class and personal item bringing on plane

Carson wrote:
Mon Mar 11, 2019 7:36 pm
The tripadvisor link was helpful-ish, at least it seems both my flights have UA numbers, even though air canada is operating it. So UA baggages rules would apply.
That is not correct. The operating airline's rules apply, not the code share's.
by nps
Mon Mar 04, 2019 7:29 pm
Forum: Personal Investments
Topic: Buying ETFs with Vanguard
Replies: 4
Views: 630

Re: Buying ETFs with Vanguard

In an established account, including IRAs, you can buy an ETF and then fund the purchase with the sale of a mutual fund. Vanguard is more flexible in that regard than some brokers (e.g. TD Ameritrade). There are limits. They won't let you place a buy order that is larger than the other assets in th...
by nps
Mon Mar 04, 2019 7:02 am
Forum: Personal Investments
Topic: Buying ETFs with Vanguard
Replies: 4
Views: 630

Buying ETFs with Vanguard

For those who have a Vanguard Brokerage Account holding both mutual funds and ETFs, do you know if it's possible to buy an ETF using a mutual fund directly as a source of funds? The longer way would be to sell mutual fund positions first, then use the cash generated as the source of funds for the ET...
by nps
Fri Feb 15, 2019 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Why efile if you owe?
Replies: 47
Views: 4499

Re: Why efile if you owe?

What does owing have to do with it? Seems your original logic was whether filing a paper return reduces your chance of audit. You could wonder that about refunds as well.
by nps
Wed Feb 06, 2019 7:10 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 862
Views: 56444

Re: My trend following strategy and experience

100% swings seem really extreme to me. I was 100% stocks before I adopted this strategy, so swinging from something like 25/75 to 75/25 isn't appealing to me. I think your point is that when you've settled on a new strategy you'd prefer to be all in. If I understand your intention for trend followi...
by nps
Mon Feb 04, 2019 7:05 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 862
Views: 56444

Re: My trend following strategy and experience

I use Portfolio Visualizer to do my calculations, and it uses the price of the last trading day of each month. I wonder what I'm not seeing then. The end of month price history of VEIEX on Vanguard's website is: 07/31/2018 $27.61 08/31/2018 $26.63 09/28/2018 $25.99 10/31/2018 $24.02 11/30/2018 $25....
by nps
Sat Feb 02, 2019 9:57 pm
Forum: Personal Investments
Topic: Personal Financial Snapshot - How are we doing?
Replies: 14
Views: 1865

Re: Personal Financial Snapshot - How are we doing?

Sandi_k wrote:
Sat Feb 02, 2019 8:32 pm
Nope, he's got three kids - so his itemization makes sense.
Itemizing makes sense when it reduces taxes more than the standard deduction.

And what do kids have to do with itemizing?
by nps
Sat Feb 02, 2019 2:28 pm
Forum: Personal Investments
Topic: Personal Financial Snapshot - How are we doing?
Replies: 14
Views: 1865

Re: Personal Financial Snapshot - How are we doing?

I was told that we can't write off our condominium association fees ($750/month), but we can write off our mortgage interest (~$18,500 for 2018)-- did I miss something? You're right, I was looking at a mortgage where you were paying $750/month in interest ($9,000/yr) not $18,500 plus $9,000. In tha...
by nps
Sat Feb 02, 2019 9:48 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 862
Views: 56444

Re: My trend following strategy and experience

Perhaps a quibble but when I use the fund data I include distributions. For example, for VEIEX there were distributions in Sept and Dec 2018. There is always going to be a certain amount of uncertainty in the numbers. One is trying to define the sell/buy rules precisely. But then could the unemploy...
by nps
Sat Feb 02, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 862
Views: 56444

Re: My trend following strategy and experience

No, I'm still out of stocks. The UER increased to 4.0%, which is still above its 12 MMA of 3.88%, and all of my available stock funds are also below their 7 MMA. Yes, VEIEX is one of the funds that I track. While I am definitely a 'pro-stock' investor, the stability of my current investments, mostl...