Search found 1776 matches

by sperry8
Tue Jul 16, 2019 9:06 pm
Forum: Investing - Theory, News & General
Topic: Primecap Admiral Fund VPMAX
Replies: 27
Views: 5543

Re: Primecap Admiral Fund VPMAX

True investing skill is very rare and most funds and individuals who try to outperform indexes will fail to do so. Primecap whose Investor shares have been around for 35 years has demonstrated consistent skill to outperform cap weight indexes and factor indexes in addition to outperforming almost a...
by sperry8
Tue Jul 02, 2019 6:38 am
Forum: Personal Investments
Topic: Investing a windfall when the market is at “an all-time high?”
Replies: 33
Views: 3689

Re: Investing a windfall when the market is at “an all-time high?”

The stock market is almost always at an all time high. Do you think that means it is more likely to go down soon, for some reason? There have been 212 all time highs since the Great Recession. 212. And there are only two possibilities after an all time high is reached. Another all time high is even...
by sperry8
Mon Jul 01, 2019 10:11 pm
Forum: Personal Investments
Topic: Investing a windfall when the market is at “an all-time high?”
Replies: 33
Views: 3689

Re: Investing a windfall when the market is at “an all-time high?”

sambb wrote:
Mon Jul 01, 2019 4:47 am
just DCA over 6 months and dont worry about it
I'd recommend DCA'ing too but over 2 years. 25% every 6 months. I went all in with a windfall in 2007. In hindsight DCA was the call. I got a mulligan due to the V recovery... but who knows what happens after this bull run.
by sperry8
Sun Jun 30, 2019 8:14 am
Forum: Personal Investments
Topic: TD Ameritrade through HSA Bank
Replies: 3
Views: 368

Re: TD Ameritrade through HSA Bank

I found several posts on TD Ameritrade through HSA Bank. Just a quick question: It looks like the $6.95 fee for commission-free ETFs is for each transaction -- does that seem right? I want to make sure it's not a monthly fee or something like that. The wording in the disclosure we were given wasn't...
by sperry8
Sat Jun 29, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 357
Views: 57247

Re: Vanguard Municipal Money Market VMSXX 1.39%

Rates are going up again (if math is correct). 7 day SEC Yield is now 1.75%. In 32% bracket that's 2.57% equivalent. Might transfer back in to pick up the extra basis points next week These yield spikes have tended to be very short lived historically (usually lasting one month of part of one month)...
by sperry8
Fri Jun 28, 2019 11:08 pm
Forum: Personal Investments
Topic: The 8 Best Vanguard Funds
Replies: 16
Views: 3085

Re: The 8 Best Vanguard Funds

Hey all. I'm new to Bogleheads and this is my first post. I've been listening to the podcast "Listen Money Matters" for a few years ago and recently listened to an episode titled "The 8 Best Vanguard Funds That You Should Buy". The list is as follows: VTI - Total Stock Market (ETF) VFIFX - Target R...
by sperry8
Fri Jun 28, 2019 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: What are the alternatives to 203K Mortgage with less hassle ?
Replies: 7
Views: 1037

Re: What are the alternatives to 203K Mortgage with less hassle ?

There are hard money lenders that lend money against the deed on the house & land. They take more than normal mortgage rates of course. Often times they lend to house flippers... but you may find some that would lend to an end user. Understand you're going to pay a significantly higher rate. You can...
by sperry8
Fri Jun 28, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 357
Views: 57247

Re: Vanguard Municipal Money Market VMSXX 1.39%

Rates are going up again (if math is correct). 7 day SEC Yield is now 1.75%. In 32% bracket that's 2.57% equivalent. Might transfer back in to pick up the extra basis points next week Right. The national muni fund taxable equivalent yield (TEY) is approaching that of Treasury MM fund for me, but no...
by sperry8
Fri Jun 28, 2019 2:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 357
Views: 57247

Re: Vanguard Municipal Money Market VMSXX 1.39%

Rates are going up again (if math is correct). 7 day SEC Yield is now 1.75%. In 32% bracket that's 2.57% equivalent. Might transfer back in to pick up the extra basis points next week
by sperry8
Fri Jun 28, 2019 2:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Money Market (VMMXX)
Replies: 19
Views: 2728

Re: Vanguard Money Market (VMMXX)

TerribleGolfer wrote:
Fri Jun 28, 2019 12:31 pm
How does this fund make its interest payments?

Does it payout every month?

Also - does interest rate risk apply to money market accounts (just talking about the principal amount invested)?

Thanks.
Welcome to Bogleheads!
Interest earned is paid monthly
by sperry8
Fri Jun 28, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Short Term cap gains missing on Vanguard tax forms?
Replies: 6
Views: 273

Re: Short Term cap gains missing on Vanguard tax forms?

You can use loss carry forward against losses you incur in trading assets. What you cannot use them against is the ST CG distributions. So, if you buy and sell a fund (or stock) and incur a realized short term gain - those can be offset by the ST Loss carry forward. The ST CG distributions just get...
by sperry8
Fri Jun 28, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Short Term cap gains missing on Vanguard tax forms?
Replies: 6
Views: 273

Re: Short Term cap gains missing on Vanguard tax forms?

You won't be able to use capital losses against ST CG distributions. If you follow the arithmetic on Schedule D it will demonstrate this. The LTCG distributions go on Schedule D and then the loss is applied per the schedule to the total LTCG. This is just how it is. I don't know the history about w...
by sperry8
Fri Jun 28, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Short Term cap gains missing on Vanguard tax forms?
Replies: 6
Views: 273

Re: Short Term cap gains missing on Vanguard tax forms?

I believe short term gains are included in "Total Dividends" on the 1099-DIV. I don't have funds that pay ST Gains so I can't confirm via my annual reconciliation. If you reconcile your tax statements with the financial statement (a good practice) it should jump out at you. Aha, I see now that ST C...
by sperry8
Fri Jun 28, 2019 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Short Term cap gains missing on Vanguard tax forms?
Replies: 6
Views: 273

Short Term cap gains missing on Vanguard tax forms?

Hello all, I recently noticed that the tax forms Vanguard sends us do not contain short-term capital gains but rather solely show long-term capital gains. On the website however, within the "Dividend and capital gains distributions" section I do see short term & long term capital gains listed separa...
by sperry8
Wed Jun 26, 2019 10:32 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 26
Views: 2476

Re: Ex DFA CIO launches competitor which will also have ETFs

Svensk Anga wrote:
Wed Jun 26, 2019 5:42 pm
The linked article says that the new venture has filed to launch an international small cap value etf. I think this is not readily available elsewhere.
Definitely interested in this new ETF when it becomes available. I wonder if it will perform similarly to DFA's competing fund?
by sperry8
Wed Jun 26, 2019 10:20 pm
Forum: Investing - Theory, News & General
Topic: Dimensional Funds versus Vanguard
Replies: 27
Views: 2930

Re: Dimensional Funds versus Vanguard

https://i.imgur.com/DOI0nRe.png Thanks for sharing! I'll be looking into opening an account there. I wonder if they'll accept an 'in-kind' transfer so I can achieve their $250k min asset level. Hedgfunfie, Do you see access to all (or many) DFA funds? Or just the EM small cap one? On another note -...
by sperry8
Wed Jun 26, 2019 10:10 pm
Forum: Investing - Theory, News & General
Topic: Dimensional Funds versus Vanguard
Replies: 27
Views: 2930

Re: Dimensional Funds versus Vanguard

DFA is definitely not available by everyone who uses Pershing as custodian. Trading Direct uses Pershing but according to their PDF DFA is not one of the accessible funds. https://www.tradingdirect.com/Static/Mu ... f_list.pdf
by sperry8
Wed Jun 26, 2019 9:56 pm
Forum: Investing - Theory, News & General
Topic: Dimensional Funds versus Vanguard
Replies: 27
Views: 2930

Re: Dimensional Funds versus Vanguard

When talking DFA, always keep in mind that you'll need to pay an advisor to get access. That's another expense that's not baked into the ER. These costs are not trivial. They can range from fixed costs, such as a flat fee, to an ongoing AUM fee. The least expensive I've found is $625/quarter for fl...
by sperry8
Wed Jun 26, 2019 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Any insurance beating USAA?
Replies: 42
Views: 3055

Re: Any insurance beating USAA?

USAA is terrible in Florida. Every company beats USAA in Florida. USAA was/is overpriced in Florida. However they were the best price by far when I used to live in California. Service was awesome as well. So if they are competitive I prefer them. But here in FL GEICO is 1/2 the price so I moved over.
by sperry8
Wed Jun 26, 2019 8:12 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 22101

Re: Crypto bulls are back. Are you getting in?

It's amazing how these threads on crypto come back all the sudden. Nothing for months and then bam. I've yet to meet a person who ever actually used bitcoin for any practical use. My guess that's true for 99.99% of people who hold or advocate for bitcoin. Completely agree. It’s like gold. I mean, w...
by sperry8
Tue Jun 25, 2019 3:32 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 22101

Re: Crypto bulls are back. Are you getting in?

Bitcoin is an investment the way Gold is an investment: as a storage of wealth , and as a way to diversify your portfolio. Bitcoin is not a transactional currency, although it can be used as one. Just as you don’t pay for groceries in gold, you shouldn’t use Bitcoin to purchase items online. Other ...
by sperry8
Tue Jun 25, 2019 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes and Short-term Living Abroad
Replies: 4
Views: 399

Re: Taxes and Short-term Living Abroad

Hello, I have given a lot of thought about living abroad for extended periods in retirement. I do not want to emigrate to another country, and plan to leave a home of some sort in the US to where I will return. My fantasy is to buy a condo that I can lock up tight, and live abroad for extended peri...
by sperry8
Mon Jun 24, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 22101

Re: Crypto bulls are back. Are you getting in?

JHU ALmuni wrote:
Sat Jun 22, 2019 4:27 pm
Definitely got in and already more than tripled my money. High risk = high return.
You haven't tripled anything... until you sell. Sell, and then let us know about your triple. Otherwise in a month you could be back down to where you started. The volatility in BC is insane
by sperry8
Sat Jun 22, 2019 7:16 pm
Forum: Personal Investments
Topic: Help understanding mutual fund tax-adjusted return
Replies: 25
Views: 2070

Re: Help understanding mutual fund tax-adjusted return

Looking at the returns it appears both funds have performed similarly over 10 years. However, when one takes the after tax returns into account the S&P500 has handily beat the Health Care fund. If I didn't take this into account I would be "indifferent" re deciding which to sell. But with taxes the...
by sperry8
Sat Jun 22, 2019 11:45 am
Forum: Personal Investments
Topic: Help understanding mutual fund tax-adjusted return
Replies: 25
Views: 2070

Re: Help understanding mutual fund tax-adjusted return

It should be a mistake to publish a tax adjusted return because the tax cost to an individual associated in some way with income from owning the fund would depend on the specific individual tax situation and what scenario one imagines for when the fund is owned, etc. I am a little confused about ho...
by sperry8
Sat Jun 22, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Estimating long term capital gains for mutual fund
Replies: 10
Views: 987

Re: Estimating long term capital gains for mutual fund

thanks everyone. I was thinking that if primecap core had a 53 cent capital gain already as of end of february it might be another big year. It is really messing with my ability to predict my MAGI for ACA and i am looking for a way to get at least a guess of how big the distribution will be. I wish...
by sperry8
Sat Jun 22, 2019 9:01 am
Forum: Personal Investments
Topic: Help understanding mutual fund tax-adjusted return
Replies: 25
Views: 2070

Re: Help understanding mutual fund tax-adjusted return

4. Ignore any data from morningstar on tax adjusted returns. They don't know your state income tax, don't account for qualified dividends, and assume you are in the highest tax bracket. I see M*'s tax adjusted returns assume one is in the highest tax bracket. But these are "without" state income ta...
by sperry8
Sat Jun 22, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Estimating long term capital gains for mutual fund
Replies: 10
Views: 987

Re: Estimating long term capital gains for mutual fund

As they are made, distributions will be posted on your Vanguard account. That gives some information about actual distributions that have occurred, and you can get an October estimate of remaining ones, as others have mentioned. Other than that, it is a guess since the fund managers don't know at t...
by sperry8
Fri Jun 21, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Does Fidelity monitor log in locations?
Replies: 6
Views: 956

Re: Does Fidelity monitor log in locations?

I spend a lot of time in Thailand so I'm curious whether that would be a red flag if I log into my Fidelity account there, anyone know? Is this a situation where one should call and notify the company in advance? I know Vanguard blocks access from Thailand without the use of a VPN. I've also had nu...
by sperry8
Fri Jun 21, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating long term capital gains for mutual fund
Replies: 10
Views: 987

Re: Estimating long term capital gains for mutual fund

I own vanguard primecap core in a taxable account. the 2018 capital gain was signficantly increased over 2017. I have been trying to see if mutual funds have to report the sale of stocks as they occur throughout the year so that i can at least guess my minimum taxable gain. I came across this table...
by sperry8
Tue Jun 18, 2019 12:08 pm
Forum: Personal Consumer Issues
Topic: Use "promo codes" to save money
Replies: 19
Views: 7427

Re: Use "promo codes" to save money

Another new one to check out is an app called Drop. You choose 5 retailers to earn points at (e.g., I earn points when I shop at Whole Foods, Uber, Lyft, Target and Macy's). Some get offered Amazon and eBay. Anyway, points can then be redeemed for gift cards. I've received over $100 in iTunes gift c...
by sperry8
Sun May 19, 2019 10:51 pm
Forum: Investing - Theory, News & General
Topic: How to read the Morningstar Fund Category Performance Charts
Replies: 4
Views: 820

Re: How to read the Morningstar Fund Category Performance Charts

All fund returns are quoted net of expenses so yes they're accounted for in those numbers. Except when somebody doing a special analysis of their own attempts to add the expense back in to do some analysis of raw, before-costs performance. In that case it is probably clearly labeled. Anyway, one wo...
by sperry8
Fri May 17, 2019 10:12 am
Forum: Investing - Theory, News & General
Topic: We’ve won the game...but how do we stop playing?
Replies: 76
Views: 8268

Re: We’ve won the game...but how do we stop playing?

Hi all. I love William Bernstein’s quote “ If you’ve won the game, stop playing .” But here is the issue: My grandmother has held seceral sector funds at Vanguard for decades (Healthcare, etc.) She has done extraordinarily well over many many years. (She has a very low portion in bonds. She is prob...
by sperry8
Fri May 17, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: We’ve won the game...but how do we stop playing?
Replies: 76
Views: 8268

Re: We’ve won the game...but how do we stop playing?

Hi all. I love William Bernstein’s quote “ If you’ve won the game, stop playing .” But here is the issue: My grandmother has held seceral sector funds at Vanguard for decades (Healthcare, etc.) She has done extraordinarily well over many many years. (She has a very low portion in bonds. She is prob...
by sperry8
Tue May 14, 2019 6:19 pm
Forum: Personal Consumer Issues
Topic: Using my Cell Phone in England
Replies: 47
Views: 2230

Re: Using my Cell Phone in England

You could change your service to Google Fi here in the US and then just smile when you land in the UK and it connects automatically to a local cell provider. I'll be doing this in a few months... Google Fi is the way to go for frequent international travelers. Simply can't be beat for price, ease, ...
by sperry8
Tue May 14, 2019 12:24 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4058

Re: Selling Series I Bonds

Very interesting. So it seems on July 1, my Jan bonds will drop to 1.4% is that correct? Is there a way to see the interest rate history of these bonds so I can see the interest rate earned throughout the years? This nifty site should help: http://eyebonds.info/ibonds/index.html Exactly what I need...
by sperry8
Tue May 14, 2019 8:23 am
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4058

Re: Selling Series I Bonds

I am considering liquidating my iBonds as they are now over 5 years old. Interest rates show as follows: Jan 2013 - 2.32% Jan 2012 - 2.32% May 2011 - 1.4% I assume the "fixed" rate component is 0% for all these years, correct? So the interest rates I see are "floating" and change every 6 months bas...
by sperry8
Mon May 13, 2019 11:08 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4058

Re: Selling Series I Bonds

I am considering liquidating my iBonds as they are now over 5 years old. Interest rates show as follows: Jan 2013 - 2.32% Jan 2012 - 2.32% May 2011 - 1.4% I assume the "fixed" rate component is 0% for all these years, correct? So the interest rates I see are "floating" and change every 6 months bas...
by sperry8
Mon May 13, 2019 7:54 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4058

Re: Selling Series I Bonds

I am considering liquidating my iBonds as they are now over 5 years old. Interest rates show as follows: Jan 2013 - 2.32% Jan 2012 - 2.32% May 2011 - 1.4% I assume the "fixed" rate component is 0% for all these years, correct? So the interest rates I see are "floating" and change every 6 months base...
by sperry8
Mon May 06, 2019 4:58 pm
Forum: Investing - Theory, News & General
Topic: Taxable-equivalent yield calculator (Vanguard)
Replies: 8
Views: 1307

Re: Taxable-equivalent yield calculator (Vanguard)

I developed various TEY formulas in this post: Taxable Equivalent Yield (TEY) . It's pretty straightforward to calculate TEY yourself, but as indicated above, it's important to use your actual marginal tax rate(s), which could very well be different than your tax bracket(s). I agree that the best w...
by sperry8
Mon May 06, 2019 2:00 pm
Forum: Investing - Theory, News & General
Topic: Taxable-equivalent yield calculator (Vanguard)
Replies: 8
Views: 1307

Re: Taxable-equivalent yield calculator (Vanguard)

SnowBog wrote:
Sun May 05, 2019 9:47 pm
Someone previously shared this link in another thread, it has the 3.8% NIIT...

https://funds.eatonvance.com/tax-equiva ... ulator.php
So how would we use this for Vanguard funds? Would we add in the 7 day SEC yield and then our tax bracket to get the equivalent yield?
by sperry8
Sun May 05, 2019 8:30 pm
Forum: Investing - Theory, News & General
Topic: Taxable-equivalent yield calculator (Vanguard)
Replies: 8
Views: 1307

Re: Taxable-equivalent yield calculator (Vanguard)

This calculator is defunct. Does VG offer another one via a different URL? It also shows on the Bogleheads Tools page (but the link is broken).
by sperry8
Sat Apr 27, 2019 11:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 357
Views: 57247

Re: Vangaurd Municipal Money Market VMSXX 1.39%

Inspired by neurosphere 's chart, I made an updated chart... Great, thanks! I was in the process of updating the chart and then got distracted and moved on to something else. Thanks for adding the quarter-lines. It emphasises that indeed there is a quarterly spike in muti rates. I also "see" this e...
by sperry8
Thu Apr 25, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: Digital Nomad - Automobile Insurance Issues
Replies: 18
Views: 1216

Re: Digital Nomad - Automobile Insurance Issues

their imited systems have no category for "always travelling". But I think the state of Oregon (or maybe WA) now has a category of "constant traveller" for DRIVER LICENSES (a different issue, of course), unlike other states that require you to prove you reside at a physical address in the Multiple ...
by sperry8
Thu Apr 25, 2019 5:31 pm
Forum: Personal Consumer Issues
Topic: Digital Nomad - Automobile Insurance Issues
Replies: 18
Views: 1216

Re: Digital Nomad - Automobile Insurance Issues

She did call her insurer. They asked where the car was garaged. She ended the call and called me... Another issue came up as we began to look into it. Apparently, these companies that are offering physical address and mailbox services to establish domicile, are being flagged by banks and insurers a...
by sperry8
Thu Apr 25, 2019 12:35 am
Forum: Personal Consumer Issues
Topic: Digital Nomad - Automobile Insurance Issues
Replies: 18
Views: 1216

Re: Digital Nomad - Automobile Insurance Issues

My twin sister has become a digital nomad and gave up her permanent home, so therefore, her street address. She travels by automobile to various work sites, staying in hotels for a few weeks at a time. Her auto insurance is coming up for renewal. Somehow I assume they won't accept her current addre...
by sperry8
Mon Apr 22, 2019 11:28 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9498

Re: Thinking about selling stocks near all time highs

Thanks for all of the responses. I will need to decide on a more realistic asset allocation that I can stomach. I think that 90/10 is still too risky for me given the 7 figure net worth that I have mostly invested in the stock market. I cannot stomach losing over $500,000 in another great recession...
by sperry8
Sun Apr 21, 2019 3:12 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9498

Re: Thinking about selling stocks near all time highs

Thanks for all of the responses. I will need to decide on a more realistic asset allocation that I can stomach. I think that 90/10 is still too risky for me given the 7 figure net worth that I have mostly invested in the stock market. I cannot stomach losing over $500,000 in another great recession...
by sperry8
Sun Apr 21, 2019 7:31 am
Forum: Investing - Theory, News & General
Topic: VHT / XBI / XLV holders (healthcare)
Replies: 27
Views: 1801

Re: VHT / XBI / XLV holders (healthcare)

10% of my portfolio is in VGHAX. One of the first funds I bought in the mid 1990s (as investor shares) along with an SP%00 fund and Fidelity Low Price Stock. I have since switched mostly to index funds, but still have it as it has returned something like 15-16% since that time frame. My fiancee is ...
by sperry8
Sat Apr 20, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: VHT / XBI / XLV holders (healthcare)
Replies: 27
Views: 1801

Re: VHT / XBI / XLV holders (healthcare)

10% of my portfolio is in VGHAX. One of the first funds I bought in the mid 1990s (as investor shares) along with an SP%00 fund and Fidelity Low Price Stock. I have since switched mostly to index funds, but still have it as it has returned something like 15-16% since that time frame. My fiancee is ...