Bogleheads.org

livesoft

I did scientific research, so success was clearly defined for me by others in terms of number of publications, citations of those publications, amount of grant money raised, and how well my protégés did after they left my lab and started their own careers. As for life, there is more to it than caree...

livesoft

Salt water will kill weeds permanently if you keep the salt water around permanently. I suspect you mean spray with salt water, then let dry. If so, then no, salt water cannot kill weeds permanently. That's because rain and other water will eventually wash away any salt that ends up dried and behind...

livesoft

Sandtrap wrote: ↑
Sat Sep 22, 2018 2:12 pm
What do you mean by "overfunding"?

I mean you may have way more than what college costs in a 529 plan and then have to deal with that.

livesoft

Only one other has come in yet and it varied between $16,000 - $23,000. I would not be surprised if some of the local HVAC places have divided up the territory as in: "If you provide an outrageously high quote in my area, then I will provide an outrageously high quote in your area. That way our quo...

livesoft

Yes, you can, but let me clarify your question please. If you make $18,500 + $5,500 as compensation, then it is easy to see. But maybe you are asking the following: If I make only $18,500 this year and my employer (or myself if self-employed), can I contribute not only $18,500 to my Roth 401(k), but...

livesoft

What do your quotes from other vendors tell you?

livesoft

Don't know, but Vanguard used to do that, too. I suppose a once-a-year calculation is cheaper for the fund company, but quarterly schedule is not bad for investors since they don't have to "avoid a distribution" that is one-fourth of a big annual distribution.

livesoft

Yes, ask the parents. You can tell them that you heard that 529 plans funded by grandparents and owned by grandparents is great because no tax interference with their own tax returns nor the child's tax returns. UTMA/UGMA have tax return consequences. Also warn them of overfunding in case others get...

livesoft

I would be putting money into Total Bond now rather than Short-term Investment Grade (STIG) simply because the blue line is below the orange line. When the orange line goes below the blue line, then I would put money into STIG. When they are close together, then it really doesn't matter what one doe...

livesoft

jbuenoo wrote: ↑
Sat Sep 22, 2018 8:59 am
I was also thinking of the 2060 Multi-Index fund. Here is what it holds: https://imgur.com/a/JgIxWoN

LOL! That wasn't too helpful. What is in that first fund? Also what's the other 10% of the fund? Talk about obfuscation!

livesoft

Why did responders miss all the index funds that are offered? Hint: Fund names have "multi-index" in them. I'd pick one of them and just call this done. But why not tell us what one of them has in it please? A 2060 Multi-Index fund is going to be aggressive growth. A 2020 Multi-Index fund is going t...

livesoft

My question is..... would I benefit from transferring some of the money in my Total Bond Fund to the Short Term Investment Grade Bond Fund? Below is a chart I made at Morningstar.com comparing the Growth Of $10,000 in VBTLX (total bond) and VFSUX (short-term investment grade) over the past 3 years:...

livesoft

If you have the cash, buy the car with a credit card like the Fidelity 2%. Get $434 cash back, and pay off card right away. Get the lower price, no loan and free $434. You might encounter slight difficulties finding a dealer who will eat that fee and the risk of a chargeback. I just bought a car wi...

livesoft

Nope, I'm doing nothing of the sort. I'm not even reading such articles because they are a waste of time and I have better things to do.

We are the same age, my spouse is working and I am retired. Living the dream, so no need to speculate about junk articles like the one you described.

livesoft

@FrankLUSMC, tells us what your bond funds in your asset allocation are doing while you are thinking about your equities and cash please.

livesoft

I thought the bogleheads rule of thumb was 50% in international equities because that's about the market weight.

livesoft

Go here -> https://www.financialwisdomforum.org/

livesoft

My bank is WellsFargo. For some reason, I've never paid a fee to them, so they have not cost me a dime. They have free accounts and even free accounts for your teenagers. What financial literacy was actually taught? Full disclosure: I consider all banks and credit unions to be "a pack of crooks." We...

livesoft

If you plan to hold your portfolio forever, then it won't always be small, so you should start with a good outfit that has been around a long time AND that charges no commissions, no fees for the things that you want to buy. That pretty much restricts your choices in the USA to Fidelity, Schwab, Van...

livesoft

So 1/2 in bonds. Any certain group of bonds? Rest in stocks. Any certain ETF or fund? Or an ETF that is already 1/2 and 1/2? You are ready to read about the 3-fund portfolio: https://www.bogleheads.org/wiki/Three-fund_portfolio But you can also use a Target Date fund from the vendor of your choice.

livesoft

Hard to know. If the investment committee is donating lots of money to the foundation or doing development work by getting clients to donate, then maybe they pay for their keep and the funds they chose.

livesoft

Majoring in Chemistry/Biochemistry. Every time I hang up on a recruiter wanting to pay me $15 an hour (with an MSc and 10 years experience) with no or crap benefits reinforces that. Hmmm. Majoring in Biochemistry was my single biggest win! As for mistakes, I have made a lot of not so expensive mist...

livesoft

Don't forget that a financial planner is not the same as a financial advisor nor an investment manager nor a salesrep. Those latter folks can sometimes call themselves a financial planner without doing any work of financial planning. In particular, I haven't seen evidence that Vanguard provides a fi...

livesoft

I would be buying things that dropped enough to trigger your stop orders. In other words, I think you are thinking about doing it backwards and will not have as many gains as I will have.

livesoft

reddit to your heart's content.

livesoft

For more market timing fun please note that the FOMC will meet next week and raise the FFR. Everybody knows that, but what they don't know is which adjectives and adverbs will change in the FOMC summary statement released on Wednesday.

livesoft

Better deals on 11/11. Last year I bought a down parka.

livesoft

Google the ticker and the word "dividend" as in: DGS dividend then select the FUND SPONSOR web site to look for declaration date, ex-dividend date, payout date, etc. One can look to see what dates were used in 2017. Hint: For WisdomTree, there will be a Press Release with the information as in: http...

livesoft

I've banked by e-mail or internet since the early 1970s when I first started depositing my paychecks. I would mail in my endorsed paycheck along with my passbook and get it back about a week later with an entry neatly typed in by hand. Nowadays, my internet bank is also a brick and mortar bank. The ...

livesoft

But tuningfork isn't suggesting an in service rollover. He's saying just withdraw it and pay the taxes. Surely that is allowed by someone over 59.5 regardless of whether they are still employed or not? I got that. Nope, it is not "Surely", but depends on the specific plan. For instance, my spouse's...

livesoft

No way.

livesoft

I think that when expense ratios are this low and taxes are of no consequence, then you gotta think about things like "Does this fund follow its index better than the other one?" and "Will following this index instead of that index lead to what kind of better performance?" I think the answers to tho...

livesoft

Maybe he can refer you to someone who does that kind of work and/or suggest what one should pay for that?

livesoft

Are some of these reps private subcontractors to Chase? That is, they work for themselves, but camp out in the bank building, but are not paid by Chase.

BTW, the JPMorganChase employee 401(k) is outstanding with passively-managed low-expense ratio index funds.

livesoft

^Thanks for the response. I had forgotten about the Sharpe ratio. So a take away might be that 2 portfolios with same standard deviation, the one with the higher Sharpe ratio has less risk. I'l go out on a limb and say maybe that just means the data is tainted?

livesoft

Why are there so few long-term investors? Most funds and ETFs have such great turnover. After Warren Buffett you would be hard pressed to think of the next big long term investor. If 99% of shareholders are long-term, but the other 1% trade insanely multiple times a day/week/month/year, would not t...

livesoft

We don't know what will happen to bond fund NAVs in the near term, but I will make a prediction anyways: Bond fund NAVs have dropped about 1% in the past month despite the known FFR hike that will be announced September 26, I expect a "relief rally" that afternoon when the shoe actually drops. So an...

livesoft

In order to know what benchmark to use, I think you have to know what asset allocation is that your portfolio has been following. Fidelity has an Analysis tool to tell you the asset allocation of your portfolio. I have described it in this post: https://www.bogleheads.org/forum/viewtopic.php?p=22488...

livesoft

It appears you may be using average cost for the basis. Selling all shares could allow you to use specific identification for the cost basis method when you restart a position from scratch in a month or so. Using a short-term muni in the meantime is a good idea.

livesoft

Thank you for that random story that has no relevance to this thread It's nice when it seems that an elderly relative makes a rational selection for someone to manage their portfolio. It doesn't always happen. At work, I'm sure that people around you can pick up the slack if you become prematurely ...

livesoft

I don't think you are going to hurt yourself by popping into interm-term for 31 days. Besides you probably have to TLH some of your interm-term at that point anyways.

livesoft

I heard of a gentleman with an MBA from the Booth School of Business. His deceased mom made sure that his inheritance was administered in trust with his two other brothers (who had no particular financial education qualifications) as trustees. I guess his mom didn't like the University of Chicago.

livesoft

^Same story for us shifted by 20 years. Back then. Except we did live well below our means (a euphemism for "like poor people"?) until long afterwards since we've been alive.

livesoft

TIAA offers free-of-charge wealth managers to help with the decisions that the OP is asking about. So my new question: Did you contact TIAA for help?

viewtopic.php?t=208571

livesoft

^Don't forget that the aunts/uncles can pre-decease grandmother. Then then cousins will be involved. Time has a way of changing things, too. You will probably be alright, but I would still prepare ahead of time for conflict and get inoculated against that by some more formal agreement along with a w...

livesoft

I don't have a site because generally in the US of A, it is trivial to find places that have no fees, no commissions, and low-expense ratio index funds. However, for European investors, an opportunity exists to create such a site and monetize it through online ads. Frankly, I'm surprised that there ...

livesoft

I, for one, am not wondering where all the poor retirees are. They are everywhere. I see them all the time.

livesoft

So the conclusion is that the majority of retirement-age Americans have something to live on.

livesoft

Please use "retirement-age" the same as Full-Retirement Age (FRA) for Social Security.

livesoft

Is is safe to say that "The majority of retirement-age Americans are retired" ?

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