Search found 4570 matches

by jhfenton
Sat May 23, 2020 9:56 am
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 58
Views: 4949

Re: Hertz is declaring bankruptcy

Hertz is declaring bankruptcy. What does that mean if one has a rental reserved for later in the year? Will it be honored? Will a refund be given? Does anyone have experience with this? Hertz has several brands that it owns, including of course Hertz, and also Dollar, Thrifty, and others. https://w...
by jhfenton
Thu May 21, 2020 12:36 pm
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3347

Re: Do you dislike recurring billing for gyms?

With only one exception, I do not allow anyone to auto pull via ACH from checking unless I control the setup. I do have automatic 100% autopay set up for our credit cards, mortgage, gas/electric, and wireless, but I control those via the companies' websites. I can de-authorize those whenever I want....
by jhfenton
Wed May 20, 2020 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA - Balance After Leaving Job?
Replies: 9
Views: 571

Re: Dependent Care FSA - Balance After Leaving Job?

It seems that all claims against the account have to occur *prior* to her last day, which is this Friday. This is a frustrating rule, but it is normal. We ran into this when my wife switched jobs a couple of years ago. We had a lot less at stake than you, though, because our older teenager had alre...
by jhfenton
Sat May 16, 2020 5:19 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?
Replies: 43
Views: 3496

Re: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?

VFVA would offer the simplest, deepest, broadest value exposure available. As MotoTrojan mentioned, it covers large, mid, and small, roughly 1/3 each. The CRSP index funds (VTV, VOE, VBR) offer fairly dilute, market-cap weighted value exposure. You would need to own a lot more of them in order to p...
by jhfenton
Thu May 14, 2020 2:38 pm
Forum: Investing - Theory, News & General
Topic: Which one is better EM bonds or EM equities or both?
Replies: 41
Views: 1681

Re: Which one is better EM bonds or EM equities or both?

...I understand that a lot of folks are uncomfortable with the risks, but a long-term investment in EM equities or bonds is no more speculative than a long-term investment in US equities... Vanguard puts the Total [US] Stock Market Index Fund, VTSAX, into their risk category 4, and VEMAX, the Emerg...
by jhfenton
Thu May 14, 2020 8:42 am
Forum: Investing - Theory, News & General
Topic: Which one is better EM bonds or EM equities or both?
Replies: 41
Views: 1681

Re: Which one is better EM bonds or EM equities or both?

Which one is better for emerging markets allocation EM bonds or EM equities? Since EM bonds behave like equities I think this is a fair question. The answer is probably neither. An investment in EM is likely speculative than a long term buy & hold investment. I understand that a lot of folks are un...
by jhfenton
Thu May 14, 2020 8:18 am
Forum: Investing - Theory, News & General
Topic: Which one is better EM bonds or EM equities or both?
Replies: 41
Views: 1681

Re: Which one is better EM bonds or EM equities or both?

Which one is better for emerging markets allocation EM bonds or EM equities? Since EM bonds behave like equities I think this is a fair question. US-dollar denominated EM bonds have not behaved like EM equities recently. They have been far less volatile, more bond-like than in the 90's and 00's. I ...
by jhfenton
Thu May 14, 2020 7:57 am
Forum: Personal Consumer Issues
Topic: Anyone booking flights for 2021 travel?
Replies: 26
Views: 2140

Re: Anyone booking flights for 2021 travel?

Delta only books 331 days out (currently through April 10, 2021), but I'm going to book a flight to Boston for next year's marathon (April 20, 2021) as soon as the window opens, at least if the price (in miles) is reasonable. I took a refund for this year's postponed Boston Marathon when the BAA off...
by jhfenton
Sun May 10, 2020 1:23 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?
Replies: 43
Views: 3496

Re: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?

VFVA would offer the simplest, deepest, broadest value exposure available. As MotoTrojan mentioned, it covers large, mid, and small, roughly 1/3 each. The CRSP index funds (VTV, VOE, VBR) offer fairly dilute, market-cap weighted value exposure. You would need to own a lot more of them in order to pl...
by jhfenton
Tue May 05, 2020 11:18 am
Forum: Investing - Theory, News & General
Topic: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible
Replies: 29
Views: 2939

Re: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible

Fidelity mobile is superior to this and allows fractional shares/dollar purchases of etfs and stocks. I have switched taxable account to fidelity because of this as I now just put in how much dollars I want to buy of etfs like for mutual funds. M1 finance is better as well for fractional shares. +1...
by jhfenton
Sat May 02, 2020 8:39 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 93
Views: 14551

Re: Your Favorite Vanguard Fund

VSS: Vanguard FTSE All-World ex-US Small Cap. It's basically "Total International Small Cap" (and I think that would be a better name). If you made me put everything in one equity fund, that would be it. As it is, it is still my largest holding. I do, though, wish it came with Admiral Shares. As it...
by jhfenton
Wed Apr 29, 2020 8:29 pm
Forum: Personal Investments
Topic: Vanguard Brokerage Commissions
Replies: 13
Views: 928

Re: Vanguard Brokerage Commissions

Okay nevermind, I was looking at it wrong. The fee was for the whole transaction and not per share. Sorry I was looking at the form incorrectly. I am new to this :sharebeer :confused It was a reasonable question. It's a universal, but relatively obscure fee. And if you don't know what it is, it wou...
by jhfenton
Wed Apr 29, 2020 8:25 pm
Forum: Investing - Theory, News & General
Topic: Capital gains efficiency SPY vs Fund
Replies: 26
Views: 1039

Re: Capital gains efficiency SPY vs Fund

Doc wrote: ↑Sat Apr 25, 2020 4:52 pm jhfenton wrote: ↑Sat Apr 25, 2020 3:49 pm The issue with SPY is its outdated structure. Are you referring to the "no mutual fund share class" or something else specific to SPY? SPY is a unit investment trust, and it must hold dividends in cash until they are pai...
by jhfenton
Sun Apr 26, 2020 4:23 pm
Forum: Investing - Theory, News & General
Topic: Capital gains efficiency SPY vs Fund
Replies: 26
Views: 1039

Re: Capital gains efficiency SPY vs Fund

Doc wrote: ↑Sat Apr 25, 2020 4:52 pm jhfenton wrote: ↑Sat Apr 25, 2020 3:49 pm The issue with SPY is its outdated structure. Are you referring to the "no mutual fund share class" or something else specific to SPY? SPY is a unit investment trust, and it must hold dividends in cash until they are pai...
by jhfenton
Sun Apr 26, 2020 4:21 pm
Forum: Investing - Theory, News & General
Topic: Capital gains efficiency SPY vs Fund
Replies: 26
Views: 1039

Re: Capital gains efficiency SPY vs Fund

No well-established equity ETF should ever have a capital gains distributions. Out of curiosity, what about active ETFs? They may change holdings often. Do they normally distribute capital gains or just increase the share price? If they're well-managed and established, equity ETFs should not distri...
by jhfenton
Sat Apr 25, 2020 5:07 pm
Forum: Investing - Theory, News & General
Topic: Capital gains efficiency SPY vs Fund
Replies: 26
Views: 1039

Re: Capital gains efficiency SPY vs Fund

The issue with SPY is its outdated structure. Are you referring to the "no mutual fund share class" or something else specific to SPY? SPY is a unit investment trust, and it must hold dividends in cash until they are paid out. It is also restricted from lending out shares to offset fund expenses. I...
by jhfenton
Sat Apr 25, 2020 4:32 pm
Forum: Investing - Theory, News & General
Topic: Capital gains efficiency SPY vs Fund
Replies: 26
Views: 1039

Re: Capital gains efficiency SPY vs Fund

Sounds like the guidance is to stick with an ETF in a taxable account but not necessarily SPY? So perhaps VOO? VOO (Vanguard) at 3 bp or IVV (iShares) at 4 bp. I'd probably go with VOO at Vanguard and IVV at Fidelity on the theory that I might get better execution. (IVV was on the commission-free l...
by jhfenton
Sat Apr 25, 2020 3:52 pm
Forum: Investing - Theory, News & General
Topic: Capital gains efficiency SPY vs Fund
Replies: 26
Views: 1039

Re: Capital gains efficiency SPY vs Fund

What about FXAIX at .015% ER? FXAIX is a fantastic choice in an IRA, 401(k) or HSA where you don't care about capital gains distributions. I own a little in my 401(k). It wouldn't be disastrous in a taxable account, but I would pick any of the S&P500 or total market ETFs at 3 or 4 bp. Unless you're...
by jhfenton
Sat Apr 25, 2020 3:49 pm
Forum: Investing - Theory, News & General
Topic: Capital gains efficiency SPY vs Fund
Replies: 26
Views: 1039

Re: Capital gains efficiency SPY vs Fund

SPY Cap gains distributions: https://www.morningstar.com/etfs/arcx/spy/performance Latest Distribution History Distribution Date Distrib NAV Income S/Tap Gain L/TCap Gain Return of Cap Total Mar 20, 2020 228.80 1.4056 0.0000 0.0000 0.0000 1.4056 Dec 20, 2019 320.73 1.5700 0.0000 0.0000 0.0000 1.570...
by jhfenton
Sat Apr 25, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: Capital gains efficiency SPY vs Fund
Replies: 26
Views: 1039

Re: Capital gains efficiency SPY vs Fund

In taxable, the question would be whether the tax savings of ETFs (or VFIAX if one doesn't want to use ETFs) would exceed the savings from the lower cost of Fidelity or Schwab mutual funds. Yes a taxable account. So how can one assess if low er simpler choice vs calculating tax efficiency, is that ...
by jhfenton
Sat Apr 25, 2020 8:21 am
Forum: Personal Consumer Issues
Topic: Unable to Order Work Out Equipment
Replies: 45
Views: 3355

Re: Unable to Order Work Out Equipment

Many home gym products are shipped directly from warehouses in China after being made in the factory. China was shutdown for 3 months, meaning nothing was being produced, hence no inventory anywhere... Concept2 manufactures in Vermont, and their production is shut down too. (I would guess some of t...
by jhfenton
Sat Apr 25, 2020 8:03 am
Forum: Personal Investments
Topic: Vanguard Brokerage Commissions
Replies: 13
Views: 928

Re: Vanguard Brokerage Commissions

My guess would be the same as Buford T Justice's. You will pay an SEC fee on all stock and ETF sales at any broker in the US. The rate changes periodically, but the current rate since February 18, 2020 has been $22.10 per million (0.00221%). They subsequently announced this rate would be in effect t...
by jhfenton
Sat Apr 18, 2020 6:36 pm
Forum: Personal Consumer Issues
Topic: Should I give blood now?
Replies: 23
Views: 1420

Re: Should I give blood now?

If you check, I'd guess that most blood centers will have a COVID-19/SARS-CoV-2 information page up. Hoxworth has a COVID-19 FAQ page with the following paragraph: What is Hoxworth doing to ensure donor safety? All of us at Hoxworth know that these are unprecedented times; please rest assured that t...
by jhfenton
Sat Apr 18, 2020 5:31 pm
Forum: Personal Consumer Issues
Topic: Should I give blood now?
Replies: 23
Views: 1420

Re: Should I give blood now?

I donated two Fridays ago at Hoxworth, the University of Cincinnati-affiliated regional blood bank. Procedures will vary in different places, but they took precautions that made it very low risk. 1. Appointments were required. 2. All donors were screened and temperature-checked in the entryway befor...
by jhfenton
Sat Apr 18, 2020 4:19 pm
Forum: Personal Investments
Topic: [Looking for HSA provider that offers VTSAX or VTI]
Replies: 29
Views: 1182

Re: [Looking for HSA provider that offers VTSAX or VTI]

My plan is HSABank with self directed TDAmeritrade investment account. It now has Schwab ETFs and Vanguard ETFs no fee. So I use SCHB for total stock market but I could also use VTI if I wanted. HSABank charges a $2.50 monthly fee or requires a $3,000 balance in cash on which they pay 0.05%-0.10% i...
by jhfenton
Sat Apr 18, 2020 2:57 pm
Forum: Personal Investments
Topic: [Looking for HSA provider that offers VTSAX or VTI]
Replies: 29
Views: 1182

Re: [Looking for HSA provider that offers VTSAX or VTI]

I agree with the consensus.

Fidelity, no question, has the best HSA offering.

Lively is a solid choice as well.

The other offerings are also-rans.
by jhfenton
Wed Apr 15, 2020 2:33 pm
Forum: Personal Consumer Issues
Topic: Sideloading: LastPass on Windows 10
Replies: 15
Views: 1006

Re: Sideloading: LastPass on Windows 10

I'm surprised that you have sideloading disabled to begin with. I don't remember the last time I installed an app from the Microsoft Store. Turning off sideloading wouldn't survive 5 minutes on my machine.

I use LastPass on Windows, Mac, and iOS. It works well on all three platforms.
by jhfenton
Wed Apr 15, 2020 10:52 am
Forum: Investing - Theory, News & General
Topic: Please prove me right on this Wash sale debate!!
Replies: 22
Views: 946

Re: Please prove me right on this Wash sale debate!!

The points they make--such as different CUSIP numbers--only means that your broker will not flag the wash sale for you. But that doesn't mean that they are not substantially identical securities. Vanguard's ETF and mutual fund share classes of the same fund are a textbook example of substantially id...
by jhfenton
Wed Apr 15, 2020 10:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard Factor ETFs 2 Year Birthday!
Replies: 44
Views: 2896

Re: Vanguard Factor ETFs 2 Year Birthday!

I see that Vanguard US Value Factor ETF VFVA is down 33% YTD. It's a multi-cap fund, yet since inception it has underperformed traditional large, mid and small cap value. There are very few, if any funds with as deep a value tilt as VFVA. Value has underperformed, so VFVA has underperformed. It con...
by jhfenton
Wed Apr 15, 2020 9:39 am
Forum: Investing - Theory, News & General
Topic: Airbnb getting hit?
Replies: 50
Views: 4655

Re: Airbnb getting hit?

I know of many owners in our area that gave no credit or a 50% credit and I can kind of see their point that this was not their fault so why should they take the full loss. It doesn't matter how they feel or whose fault it is. If the purpose of a contract is frustrated by a change in circumstances,...
by jhfenton
Wed Apr 15, 2020 8:58 am
Forum: Personal Consumer Issues
Topic: There seems to be a big market for home fitness equipment
Replies: 24
Views: 1361

Re: There seems to be a big market for home fitness equipment

I have been thinking for a while about getting a concept2 rower based on all the BH recommendations. I decided last week to pull the trigger for working out at home. Apparently, I wasn’t the only one with that idea, when I checked on their website I was offered a spot on the waitlist. All inventory...
by jhfenton
Tue Apr 14, 2020 3:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirements-Aggressive?
Replies: 14
Views: 841

Re: Vanguard Target Retirements-Aggressive?

They have always seemed reasonable to slightly conservative to me. I certainly would not want to go as low as 30/70 in retirement. If your goal is capital preservation rather than capital growth, 30/70 is not an unreasonable choice. "Why keep playing if you've already won the game?" I'm not sure 30...
by jhfenton
Tue Apr 14, 2020 2:24 pm
Forum: Personal Consumer Issues
Topic: Flying in September, think it will be safe?
Replies: 73
Views: 4160

Re: Flying in September, think it will be safe?

A road trip of any distance is almost certainly going to be riskier than flying. It just feels safer because we have an illusion of control. I would probably not consider a non-business trip to Europe or Asia this year. The uncertainties are just too high. But within the US, I'll fly wherever I'm a...
by jhfenton
Tue Apr 14, 2020 1:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirements-Aggressive?
Replies: 14
Views: 841

Re: Vanguard Target Retirements-Aggressive?

They have always seemed reasonable to slightly conservative to me. I certainly would not want to go as low as 30/70 in retirement.
by jhfenton
Tue Apr 14, 2020 10:58 am
Forum: Personal Consumer Issues
Topic: Flying in September, think it will be safe?
Replies: 73
Views: 4160

Re: Flying in September, think it will be safe?

I'm choosing September, before winter hits and hopefully the infection rate is still low enough to fly with confidence I won't get infected. I'm in the US, idaho, if it means anything. flying to Florida. will be there for two weeks. Morgan Stanley believes the second wave will hit sometime in Novem...
by jhfenton
Tue Apr 14, 2020 8:55 am
Forum: Investing - Theory, News & General
Topic: Airbnb getting hit?
Replies: 50
Views: 4655

Re: Airbnb getting hit?

What else would he use? I assume all booking sites would have something like this or their customers would disappear. Also, AirBNB is not a third party.....they are THE party. It's their contract, their website, their customers. +1 Even airlines, notoriously inflexible, have had to adjust their can...
by jhfenton
Tue Apr 14, 2020 8:47 am
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 13463

Re: How many paid for kids' college?

Our oldest is a high school freshman. Our plan is to pay for undergrad for both kids, up to cost of a in-state, State U. We did not open 529 plans, prioritizing our retirement savings instead. We have a high school junior and sophomore, and our plans and history are essentially the same as yours. W...
by jhfenton
Tue Apr 14, 2020 8:33 am
Forum: Investing - Theory, News & General
Topic: Charles Schwab on AA -"Youre Fifty now what?"
Replies: 15
Views: 1598

Re: Charles Schwab on AA -"Youre Fifty now what?"

I just turned 50 in March, my wife in February. Those recommendations don't seem aggressive to me. We've been at 85/15, and I over-rebalanced to 86/14 near the bottom three weeks ago. With the bounce, we're currently at something close to 87.5/12.5, and really close to the line where I want to rebal...
by jhfenton
Tue Apr 14, 2020 7:05 am
Forum: Personal Consumer Issues
Topic: Flying in September, think it will be safe?
Replies: 73
Views: 4160

Re: Flying in September, think it will be safe?

I'm choosing September, before winter hits and hopefully the infection rate is still low enough to fly with confidence I won't get infected. I'm in the US, idaho, if it means anything. flying to Florida. will be there for two weeks. Morgan Stanley believes the second wave will hit sometime in Novem...
by jhfenton
Mon Apr 13, 2020 8:37 am
Forum: Investing - Theory, News & General
Topic: Investment grade bond funds that can hold fallen angels
Replies: 7
Views: 580

Re: Investment grade bond funds that can hold fallen angels

If selling them "is not a good tactic", then buying them should be a great tactic, right? So if you believe that, shouldn't you be looking for a fund that buys them after they have fallen, instead of just one that keeps them? I don't think managed bond funds are, in general, forced to sell them. Th...
by jhfenton
Mon Apr 13, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: Why not go EE bonds (instead of bond funds)?
Replies: 176
Views: 10541

Re: Why not go EE bonds (instead of bond funds)?

Can only invest a small amount in EE Bonds each year. For many of us, that will not suffice. And on the flip side, most folks have no additional money to invest in taxable after funding two Roth IRAs, two 401(k)s, and a family HSA. We turned 50 this year, so that's $73,100 in tax-advantaged space t...
by jhfenton
Mon Apr 13, 2020 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus check question.
Replies: 28
Views: 2666

Re: Stimulus check question.

My oldest child will turn 18 this year, so I figured she would not qualify for the $500. But since I did not yet file for 2019, the IRS will use my 2018 taxes. My daughter was 16 in 2018, so some of the online calculators make it seem like I’ll get the $500. We’ll see when the deposit hits. Any one...
by jhfenton
Sat Apr 11, 2020 7:56 pm
Forum: Personal Investments
Topic: Vanguard MF to ETF conversion
Replies: 3
Views: 377

Re: Vanguard MF to ETF conversion

Question 2 - During MF to ETF conversion what are the prices used? I am assuming closing prices are used for both ETF and MF regardless of the order time? Or is the time of the conversion order is put in relevant? They use closing NAV of both the mutual fund and the ETF on the day you call and requ...
by jhfenton
Sat Apr 11, 2020 5:09 pm
Forum: Forum Issues and Administration
Topic: Russian words in bogleheads.org Google searches?!
Replies: 14
Views: 1645

Re: Russian words in bogleheads.org Google searches?!

Я немного говорю по русски, но я не вижу русского языка в Google.

Seriously, I haven't seen any Russian searching on the site, including on a search I just ran. I do have a wireless Russian keyboard, though, for when I feel like practicing my very rusty Russian.
by jhfenton
Sat Apr 11, 2020 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you login and review your investment accounts?
Replies: 68
Views: 2403

Re: How often do you login and review your investment accounts?

Daily. For the the last 4 years, I've struck and recorded a daily balance. I have a spreadsheet that tracks everything and pulls in prices, but I log in nearly every morning to confirm the balance. Sometimes, I'm logged in a for less than a minute. I really like having the trend of balances. Going b...
by jhfenton
Sat Apr 11, 2020 11:48 am
Forum: Personal Investments
Topic: Vanguard Accounts Not Updated Friday 4/10
Replies: 7
Views: 910

Re: Vanguard Accounts Not Updated Friday 4/10

The balances in our accounts are the same as the previous day though the market was open. Is this expected due to the early Good Friday closing? There's a note upon opening the portal that transactions after 4 pm Eastern would be handled on 4/13. Does updating balances count as a transaction? As ot...
by jhfenton
Sat Apr 11, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus check question.
Replies: 28
Views: 2666

Re: Stimulus check question.

As I said, we owe $1,600 for tax year 2019. That has nothing to do with the stimulus payment. Got it. Didn’t make the connection between the two sentences. :beer It's just mental accounting that makes me feel less annoyed by the $1,600 tax bill. We don't usually owe that much, and not much had chan...
by jhfenton
Sat Apr 11, 2020 10:47 am
Forum: Personal Investments
Topic: Vanguard Auto Investment to ETFs
Replies: 7
Views: 437

Re: Vanguard Auto Investment to ETFs

Thanks for the replies.. Why Vanguard doesnt allow this auto pilot investment option?. Wondering!!!!. Any idea? It's not just a Vanguard thing. Not a single traditional brokerage currently allows automated ETF investments. Fidelity is the first one to support fractional shares, and that was only a ...
by jhfenton
Sat Apr 11, 2020 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus check question.
Replies: 28
Views: 2666

Re: Stimulus check question.

Yes. Our older son will turn 18 in November. I hadn't looked closely at the language, but I've assumed that we would receive nothing for him under the current language. We had not filed for 2019 yet, because we owe this year. Our younger son will be 16 in June, so I'm expecting $2,900 for us ($1,60...
by jhfenton
Sat Apr 11, 2020 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus check question.
Replies: 28
Views: 2666

Re: Stimulus check question.

My oldest child will turn 18 this year, so I figured she would not qualify for the $500. But since I did not yet file for 2019, the IRS will use my 2018 taxes. My daughter was 16 in 2018, so some of the online calculators make it seem like I’ll get the $500. We’ll see when the deposit hits. Any one...