Search found 2901 matches

by alec
Fri Sep 21, 2018 7:09 am
Forum: Personal Consumer Issues
Topic: Thinking of selling my car
Replies: 36
Views: 1485

Re: Thinking of selling my car

I imagine you’ll be able to sell that Subaru pretty quickly in the pacific NW.
by alec
Mon Sep 17, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: a low grade in a 9th-grade test
Replies: 44
Views: 3295

Re: a low grade in a 9th-grade test

My son, now a junior, did this in 9th grade and 10th grade. We talked to him and then talked to the teachers at the quarterly parent/teacher conferences, to which we brought our son. :twisted: He had to figure out how to study, even after rolling his eyes at all my suggestions, all of which he then ...
by alec
Fri Sep 14, 2018 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Is it LMP/RP, is it Buckets, is it rising equity AA, is it mental accounting, or is it just MLA? (Myopic loss aversion)?
Replies: 17
Views: 1229

Re: Is it LMP/RP, is it Buckets, is it rising equity AA, is it mental accounting, or is it just MLA? (Myopic loss aversi

I don't have anything substantial to add, but I just want to say thanks for this discussion. My mother turned her portfolio over to me this year upon retiring, and I'm struggling to sort out exactly how to manage her AA and withdrawals. It's one thing to debate theory, but quite another when forced...
by alec
Thu Sep 13, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders
Replies: 20
Views: 5327

Re: Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders

Personally, my own experience seems to be that I am getting more frequent price improvements at Vanguard and Schwab compared to at Merrill Edge. Unless you're doing a lot of trading, your experience is likely subject to small sample size bias. I was in the (un?)fortunate position of having to trade...
by alec
Tue Sep 11, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars
Replies: 53
Views: 4546

Re: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars

Vanguard now has commission-free trading on 1,800 ETFs, so its not like nothing good is happening there. As a Vanguard mutual fund owner I'm not sure I like that. Who is paying for all this trading? Are enough people buying Vanguard ETFs that they make up the cost of the free trading for all 1,800 ...
by alec
Tue Sep 11, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars
Replies: 53
Views: 4546

Re: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars

As has been noted many times on this forum before, Vanguard is also losing the fee battle in the solo 401k space, since they've long prevented individuals from holding admiral or ETFs there. This has caused lots of solo 401ks to go to Fidelity instead. I'm likely to move my wife's solo 401k to Fide...
by alec
Sun Sep 09, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Low pay and low stress jobs with health benefit
Replies: 41
Views: 5565

Re: Low pay and low stress jobs with health benefit

My wife worked as a library assistant for a year in my daughter's middle school recently. She didn't deal with any parents, but the teachers and principal were easy to work with. The kids were middle schoolers, so anyone that has those knows what they're like, but she's been dealing with my two kids...
by alec
Mon Sep 03, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Help with next step on investment choices.
Replies: 4
Views: 295

Re: Help with next step on investment choices.

Isn’t FSITX the fidelity equivalent of VBMFX ? If so, use that.
by alec
Wed Aug 29, 2018 5:00 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare benefit allowance/stipend
Replies: 2
Views: 329

Re: Healthcare benefit allowance/stipend

Can’t hurt to ask I guess.
by alec
Mon Aug 27, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: Pension plan details about annuity value
Replies: 11
Views: 690

Re: Pension plan details about annuity value

There are sometimes different HR teams that deal with specific things, like one specifically for retirement benefits. If there’s not one at the former company, ask to speak with the HR people that coordinate with the actuaries that prepare the benefit estimates. Many companies outsource the actuaria...
by alec
Thu Aug 23, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Municipal Bond Ladder / Tax Efficient Allocation of New Funds
Replies: 23
Views: 1853

Re: Municipal Bond Ladder / Tax Efficient Allocation of New Funds

The OP is in Virginia. Is your muni ladder just VA munis? If it isn’t, then comparing to a national muni fund (like the Vanguard fund that several posters mention above) isn’t appropriate. You’ll have tax leakage of +/- 15 basis points. Just something to consider. Yes, I'm located in Virginia so th...
by alec
Thu Aug 23, 2018 6:30 am
Forum: Investing - Theory, News & General
Topic: Stock options inducing employee sabotage
Replies: 14
Views: 1633

Re: Stock options inducing employee sabotage

The regulators would simply take the people that profited from the decline of the stock, give those names to the company, and quickly find out who did what you suggested.
by alec
Wed Jul 25, 2018 8:15 pm
Forum: Investing - Theory, News & General
Topic: Difference between S&P 500 and. NASDAQ
Replies: 8
Views: 744

Re: Difference between S&P 500 and. NASDAQ

DesertDiva wrote:
Wed Jul 25, 2018 1:56 pm
NASDAQ is a stock exchange - it is smaller than the New York Stock Exchange.
Eh, not so sure about that. Nasdaq looks to have higher share a dollar volume than NYSE.

https://markets.cboe.com/us/equities/market_share/
by alec
Wed Jul 11, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Anyone take naps at work?
Replies: 93
Views: 5920

Re: Anyone take naps at work?

We have several wellness rooms with recliners in the basement of our building. I used t take naps during lunch after my kids were born.
by alec
Mon Jun 11, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Balance Plan- Should I participate
Replies: 8
Views: 737

Re: Cash Balance Plan- Should I participate

oldcomputerguy wrote:
Mon Jun 11, 2018 11:28 am
Forgive my ignorance, but what is a “cash balance plan”? I’m not familiar with the term.
Cash Balance Pension Plans
by alec
Wed May 16, 2018 6:51 pm
Forum: Investing - Theory, News & General
Topic: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?
Replies: 114
Views: 7529

Re: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?

Here's Zvi Bodie earlier this month talking about retirement planning. While he doesn't explicitly mention the separation property, it is definitely the framework he is using in planning for retirement. For the surrogate for the risk-free asset he discusses duration matching with ST & LT TIPS funds...
by alec
Thu May 03, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?
Replies: 114
Views: 7529

Re: NAME for the MPT or CAPM-based diagram with the hyperbola and tangent line?

Question for BobK. Does the risky asset have to be equity? No, but typically the mix of risky assets is mainly equity. Stated differently, could my portfolio choice be risky = total bond, and risk free = TBills? It could be, but that would be unusual. That's true both on the risky asset side and th...
by alec
Fri Apr 27, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on SPACs? [Special Purpose Acquisition Company]
Replies: 5
Views: 597

Re: Thoughts on SPACs?

csm14 wrote:
Wed Apr 25, 2018 9:49 pm
Any thoughts on this as an investment?

http://www.socialcapitalhedosophiaholdi ... index.html
Nope. But u can read the latest 10-k.
by alec
Wed Apr 25, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on SPACs? [Special Purpose Acquisition Company]
Replies: 5
Views: 597

Re: Thoughts on SPACs?

Once the SPACs start trading on an exchange, secondary market, u can buy shares through your broker.
by alec
Sat Apr 21, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help evaluate portfolio & retirement plan
Replies: 5
Views: 768

Re: Help evaluate portfolio & retirement plan

In addition, Blackrock US LC Eqty (0.01) Blackrock US SC Eqty (0.04) Blackrock Non-US Eqty (0.08) Blackrock US Bond (0.04) Hard to beat these four funds in the 401k. If you can (at your tax bracket), you may want to hold as much bonds as possible in the 401(K)'s. You should consider selling the bon...
by alec
Mon Apr 09, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3689

Re: Anyone tried a sunrise alarm clock?

SimonJester wrote:
Mon Apr 09, 2018 12:48 pm
Will it get my teen aged son out of bed in the mornings earlier then 5 minutes before he has to goto school :?:
LOL! I open my teenage son’s door and let the cats jump on him. That and I make him go to bed by 9 pm.
by alec
Wed Apr 04, 2018 5:57 am
Forum: Personal Finance (Not Investing)
Topic: Maryland 529 College Investment Plans
Replies: 13
Views: 1793

Re: Maryland 529 College Investment Plans

dcr1984 wrote:
Tue Apr 03, 2018 8:14 pm

(Followup question - is there a dedicated section on the Forum where I can ask regional-specific questions such as this?)

Thanks!
There’s no regional specific forum, but Generally, if you put the state or county in the title of your post, people will see that.
by alec
Mon Apr 02, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Cleaning up new house before move in—getting rid of “cat smell”
Replies: 42
Views: 4644

Re: Cleaning up new house before move in—getting rid of “cat smell”

The people before us in our house had two dogs, to which I'm pretty allergic. We: 1. Repainted - wall and ceilings - used the Kilz primer too. 2. Replaced all the carpet (and pads) in the house. 3. Duct cleaning. ... in that order, so really didn't use drop clothes because we were going to replace t...
by alec
Sat Mar 31, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Why does it seem there are so many bad/poor 401K plans?
Replies: 36
Views: 4819

Re: Why does it seem there are so many bad/poor 401K plans?

Maybe the people in charge, the owners of the company, make most of their money from things besides the 401k plan. Hence, they don’t really care about 18k per year, when they’re making tens or hundreds of thousands per year.
by alec
Thu Mar 29, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds and WSJ article.
Replies: 12
Views: 1656

Re: Muni bonds and WSJ article.

To summarize article in today’WSJ, more and more of city and state budgets are consumed by medicaid and pension obligations. States such as Illinois is bordering on bankruptcy and cities are receiving less funding from states in order to balance their budgets. Does this raise any concern by Bogelhe...
by alec
Tue Mar 27, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 114
Views: 11136

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

Serious question. Is there, in fact, any real body of real-life data on the actual experiences of real retirees who have actually closely followed one or another retirement plan? My preconception is that no, I doubt that there is. Before the 401(k) became really popular, which probably means some t...
by alec
Tue Mar 27, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't max out 457
Replies: 21
Views: 1852

Re: Employer won't max out 457

Did the OP get the plan document for the 457 plan? That should have any restrictions in it.
by alec
Thu Mar 15, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 15560

Re: Large life style creep that was completely worth it

Car with leather heated seats.
by alec
Wed Mar 07, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Colorado Summer Vacation - what to see and where to stay
Replies: 65
Views: 5342

Re: Colorado Summer Vacation - what to see and where to stay

Thanks for all the great responses. We've decided to stay a few days in Estes Park and mostly in Keystone/Breck area. Cover RMNP with Estes Park as the base; Summit County, Glenwood Springs and Colorado Springs area keeping the Keystone/Breck area as the base. Maybe spend some time in Denver either...
by alec
Fri Mar 02, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active Fails In Fixed Income
Replies: 25
Views: 3197

Re: Larry Swedroe: Active Fails In Fixed Income

Hmmm. Vanguard's Tax-Exempt bond funds are actively managed and low cost. Do we really want to index (presumably by random sampling from the very large universe) muni bond investments? Reminds me of a doctor friend who bought individual munis, including some linked to a hospital in New Orleans. Whe...
by alec
Fri Feb 16, 2018 6:55 am
Forum: Personal Consumer Issues
Topic: Summer Camps in Maine
Replies: 6
Views: 747

Re: Summer Camps in Maine

I went to a sleep away summer camp in NH for two weeks for 7 summers. It was great, but took a little getting used to for this introvert.
by alec
Mon Feb 12, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: Deferred Income Annuity
Replies: 10
Views: 1269

Re: Deferred Income Annuity

jumppilot wrote:
Mon Feb 12, 2018 6:24 pm

Edit to add: When I'm retired I plan on having an annuity covering my expenses. I want that protection.
Then why not invest the money in your 401(k) in bonds and buy a life annuity when you retire with some of the money from the 401(k)/IRA?
by alec
Mon Feb 12, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: New Career with benefits.
Replies: 7
Views: 936

Re: New Career with benefits.

Ive talked to people who say that the target date fund is the best to do, but I also know that index funds tend to do really well with lower fees. I would love some input from everyone! Thanks in advance. Well, the target date funds you have access to are pretty low fee, but not as low as the other...
by alec
Sun Feb 11, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: officiate a marriage
Replies: 14
Views: 1267

Re: officiate a marriage

State laws differ on who can officiate at a marriage. In Florida a notary public is authorized to do so. Gill +1. Check with NY state and the local county. My wife's friend officiated our wedding in VA. All it took was one form to fill out and a small deposit, but ours wasn't affiliated with any re...
by alec
Fri Feb 02, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Another help with AA
Replies: 14
Views: 1066

Re: Another help with AA

How much of the ESPP is capital gains?
by alec
Wed Jan 31, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice
Replies: 6
Views: 695

Re: Portfolio advice

Well, a really simple hands off approach would be to rollover old employer 401 and 403b to vanguard IRAs, and the use either the target retirement income or life strategy income funds for all IRAs and Roths, depending on what stock/bond percentage you want.

-Alec
by alec
Tue Jan 30, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Which retirement income option should I choose (partial annuitization or not)?
Replies: 2
Views: 405

Re: Which retirement income option should I choose (partial annuitization or not)?

Option 2 seems reasonable, but what happens is you live past 97? Is this the only income streams you'd have, other than social security?

Have you looked at annuitizing both accounts now? Perhaps using the graded method first?
by alec
Tue Jan 30, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on 403b options - Guaranteed interest or bonds?
Replies: 5
Views: 484

Re: Advice on 403b options - Guaranteed interest or bonds?

Personally, I'd have no problem using nothing by the Prudential fixed account in the 403(B) b/c I'm comfortable with the ratings:

http://www.investor.prudential.com/phoe ... ol-ratings

Looks like PICO is one step below TIAA.
by alec
Tue Jan 30, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on 403b options - Guaranteed interest or bonds?
Replies: 5
Views: 484

Re: Advice on 403b options - Guaranteed interest or bonds?

Is the prudential account backed only by Prudential insurance company?
by alec
Tue Jan 30, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Another Cancel Life Insurance Question
Replies: 7
Views: 778

Re: Another Cancel Life Insurance Question

I agree. Doesn’t seem to be a need for life insurance.
by alec
Fri Jan 26, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Active Management? - Vanguard's Wellesley Income / Wellington funds
Replies: 12
Views: 1805

Re: Active Management? - Vanguard's Wellesley Income / Wellington funds

Is the active management within this fund somehow in line with the investment style of Vanguard, overall? IMO, yes. Bogle and Vanguard are all about costs, the lower the better, and consistent investment style. For example, Vanguard's muni bond funds. Both funds are relatively cheap, especially adm...
by alec
Wed Jan 24, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Fixed retirement
Replies: 5
Views: 485

Re: Bond Allocation Fixed retirement

Any advice on my Stock/Bonds allocation at 53 years-old. I am in public sector and have a mandatory retirement in exactly 4 years. ( I may work P/T but assuming I will not). I have roughly 700,000 in accounts. In addition, I will start collecting my 50,000/defined benefit in 4 years, with Cola's to...
by alec
Tue Jan 23, 2018 7:22 pm
Forum: Personal Consumer Issues
Topic: Medicare plan G supplement costs?
Replies: 15
Views: 1059

Re: Medicare plan G supplement costs?

Whiggish Boffin wrote:
Tue Jan 23, 2018 7:03 pm

The list that's now shown on the Virginia website is for third quarter of 2017. I don't know if other state governments provide such a list.
Here's Maryland - http://insurance.maryland.gov/Consumer/ ... ation.aspx
by alec
Tue Jan 23, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 10322

Re: Working in the real world

Has your daughter and her boyfriend actively shopped/networked/applied for more lucrative positions in different locales? Where are they employed or did they come home and find what they could in their hometown? A lot of steady industries are in major growth right now, amazed finance and engineerin...
by alec
Sat Jan 20, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 246
Views: 28760

Re: Case study Broker trade executions

Open market has many more participants than a handful of internalizers typical retail broker brokers exclusively route order to. When I last looked into it, I saw some brokers using just one internalizer or market maker. I don't know how much price competition happen in those scenarios. If you want...
by alec
Sat Jan 20, 2018 4:59 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 246
Views: 28760

Re: Case study Broker trade executions

There is one trade that really stands out. That is one reason for the screen capture. I had several orders to buy at the 30.42 that were getting no love. Then all of a sudden, they all executed. I surmise that somebody got their broker to sell with a block trade over 100,000 shares for a penny less...
by alec
Fri Jan 19, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 246
Views: 28760

Re: Case study Broker trade executions

I was selling a small amount of a fairly high volume ETF (around $10,000) at Etrade today, and I had set a limit order for (say) 20.50 over an hour ago. I jsut checked right now, and the ticker shows the last trade executed at (say) 20.52, but my order was not. I can understand that a limit order p...
by alec
Thu Jan 18, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Stable Value fund just a Variable Annuity?
Replies: 25
Views: 2002

Re: Is a Stable Value fund just a Variable Annuity?

DartThrower wrote:
Thu Jan 18, 2018 2:22 pm
Thanks for your thoughtful reply Alec.
Np. Always a pleasure to help out another Iggles fan. :beer

My brother and sister in higher ed use TIAA traditional.