Search found 2990 matches

by alec
Thu Mar 21, 2019 8:03 pm
Forum: Personal Investments
Topic: investing in a blank check company - SPAC [Special-Purpose Acquisition Company]
Replies: 1
Views: 162

Re: investing in a blank check company - SPAC [Special-Purpose Acquisition Company]

The SEC filings should help about what the unit consists of, and where they trade.

https://www.sec.gov/cgi-bin/browse-edga ... e&count=40

The prospectus should describe how any merger should work and whether you’ll have to cough up any more money.
by alec
Thu Mar 21, 2019 7:21 pm
Forum: Personal Investments
Topic: Creative Planning- Anyone know fee structure?
Replies: 2
Views: 202

Re: Creative Planning- Anyone know fee structure?

See if there’s anything in their filings with the SEC.

https://adviserinfo.sec.gov/Firm/105348
by alec
Thu Mar 21, 2019 6:22 pm
Forum: Personal Investments
Topic: What kind of financial product is this?
Replies: 7
Views: 651

Re: What kind of financial product is this?

He didn’t really answer your question at all.
by alec
Sun Mar 17, 2019 8:46 am
Forum: Personal Consumer Issues
Topic: Need help buying a teen’s car and replacing parent car
Replies: 8
Views: 647

Re: Need help buying a teen’s car and replacing parent car

We were in the same situation late last year. We fixed up the 2008 pilot, which my son now drives, and my wife got a newer car.
by alec
Sat Mar 16, 2019 4:57 pm
Forum: Personal Consumer Issues
Topic: Age for starting kindergarten
Replies: 61
Views: 3600

Re: Age for starting kindergarten

My daughter was born on 9/1, the cutoff day for our school district. We didn’t feel she was socially ready, so we red shirted her. We also figured it’d be easier for her to skip a grade later than repeating a grade, with all her future friends on the class moving on, except her. She is 13 now, and i...
by alec
Thu Mar 14, 2019 6:36 pm
Forum: Investing - Theory, News & General
Topic: SWR and Social Security
Replies: 33
Views: 3085

Re: SWR and Social Security

Dottie57 wrote:
Thu Mar 14, 2019 2:45 pm
62 and starting SS AT 70. I have CDs setup until 67. I am sure I will setup more in the coming years, so I should be fine intel 70. SS will cover basic expenses so portfolio is for more fun
This is similar to what the Stanford project recommends.
by alec
Thu Mar 14, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: SWR and Social Security
Replies: 33
Views: 3085

Re: SWR and Social Security

You may be interested in these two long and short publications from Stanford showing the delay SS strategy is often very good and easy to implement. There is strategy comparison too. http://longevity.stanford.edu/2017/11/29/optimizing-retirement-income-by-integrating-retirement-plans-iras-and-home-e...
by alec
Wed Mar 13, 2019 8:28 pm
Forum: Personal Investments
Topic: Finding the risk tolerance for AA
Replies: 18
Views: 897

Re: Finding the risk tolerance for AA

Personal situation: Self 53 years, Wife 48 years, no other financial needs (kids provided for), trying to deploy 3 mil for 10-15 years when I expect to begin retirement and drawdown, no addition to savings expected until then... ....But I have another 10-15 years to go before I start drawing down a...
by alec
Sat Mar 09, 2019 5:30 pm
Forum: Personal Investments
Topic: I think I can retire. Help me with the confidence and a plan.
Replies: 29
Views: 4497

Re: I think I can retire. Help me with the confidence and a plan.

If it were me, I would totally stop working at the super stressful job ASAP. You don't necessarily need to stop working for money forever, but I think you can afford to stop working for your health and to spend more time with mother/family. That 1.5M in one company's (former employer) stock stood ou...
by alec
Fri Mar 08, 2019 7:16 pm
Forum: Personal Investments
Topic: Need help understanding bid/ask spread for VG ETFs
Replies: 8
Views: 629

Re: Need help understanding bid/ask spread for VG ETFs

To this point in time, I’ve been investing in VG admiral mutual funds. Reason being: ETFs werent around when I started investing, and when they finally came onto the scene, they had the same ER as admiral share class so I didn’t see the point. But with their ERs now dropping lower than admiral shar...
by alec
Fri Mar 01, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tell The Truth to Boss Why I'm Leaving? (More Money)
Replies: 78
Views: 8071

Re: Tell The Truth to Boss Why I'm Leaving? (More Money)

"Boss, I really enjoy working here, the team, the work, and the leadership is great. I have recently received a job offer, which is a significant increase in compensation, which I cannot refuse. At the end of the day, I need to support my family, so today I offer my resignation. Thank you so much f...
by alec
Fri Mar 01, 2019 6:55 pm
Forum: Personal Investments
Topic: Bond Allocation with the TSP G Fund
Replies: 7
Views: 447

Re: Bond Allocation with the TSP G Fund

What is your reasoning for the change?
by alec
Thu Feb 28, 2019 8:55 pm
Forum: Personal Investments
Topic: Fidelity Bond Trading
Replies: 1
Views: 260

Re: Fidelity Bond Trading

Fidelity says about secondary bond trading (excluding Treasuries) Only $1 per bond mark-up/mark-down for secondary bond trading, What exactly does this mean ? Does that mean the mark-up/mark-down if Fidelity buys or sells from its inventory ? Also, I see (at least for corp bonds) that Fidelity show...
by alec
Wed Feb 27, 2019 8:14 pm
Forum: Investing - Theory, News & General
Topic: MSCI EAFE: A stock market that time, and the internet, forgot
Replies: 10
Views: 1123

Re: MSCI EAFE: A stock market that time, and the internet, forgot

Admiral Fun wrote:
Wed Feb 27, 2019 6:28 pm

What does it mean that such a large market has so little tech?
It's underperformance, compared to US total market, and comparatively less in technology companies, could mean that it's cheaper that the US stock market, and has a higher expected return. :idea:
by alec
Wed Feb 27, 2019 8:10 pm
Forum: Personal Investments
Topic: Couple years in the making, porfolio review time!
Replies: 11
Views: 1539

Re: Couple years in the making, porfolio review time!

Here's what we've come up with for a plan for spreading the AA as best we can across all of our accounts: His 403b at TIAA-CREF 14% Vanguard total stock market index (VITSX) 8% Vanguard total international market index (VTSNX) 20% Vanguard total bond market index (VBTIX) His Roth IRA at Fidelity 4%...
by alec
Sat Feb 23, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and financing medical school
Replies: 5
Views: 704

Re: Inheritance and financing medical school

If you don't use some of the inheritance to pay tuition, you're basically taking out 41-42K in loans to invest in the stock and bond markets. If you're not comfortable with that, then use the inheritance to pay the tuition. Was the inheritance from someone who died? If so, you will likely get a step...
by alec
Sat Feb 16, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Irrevocable 401(a) percentage choice
Replies: 15
Views: 596

Re: Irrevocable 401(a) percentage choice

What r the investment options in the 401a vs. the 457?
by alec
Mon Feb 04, 2019 11:50 am
Forum: Personal Investments
Topic: Quick question about T-bills
Replies: 12
Views: 1378

Re: Quick question about T-bills

Maybe I’m missing something but I don’t think Tbills pay interest.

https://www.treasurydirect.gov/indiv/re ... ll_faq.htm
by alec
Fri Feb 01, 2019 7:27 pm
Forum: Personal Investments
Topic: Motley Fool ETF
Replies: 3
Views: 588

Re: Motley Fool ETF

The only thing that comes to mind is “Run away, run away!!!” :D
by alec
Sat Jan 26, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: Office Decor Ideas.. (Budget)
Replies: 14
Views: 661

Re: Office Decor Ideas.. (Budget)

I have four walls in my office. Lucky for me my parents wanted to give me some paintings that had been in the fam for a while. My wife didn’t want them, so I hung three in my office. Good convo starters, which makes people feel at ease when they come in.
by alec
Sat Jan 26, 2019 6:09 pm
Forum: Personal Consumer Issues
Topic: Maximum Travel Distance for Elementary, Middle and High School
Replies: 24
Views: 1492

Re: Maximum Travel Distance for Elementary, Middle and High School

My 13 yo daughter travels about 15 miles to a magnet middle school. It’s totally worth it.
by alec
Sat Jan 26, 2019 1:08 pm
Forum: Personal Consumer Issues
Topic: Car maintenance - dealer or independent shop?
Replies: 51
Views: 2662

Re: Car maintenance - dealer or independent shop?

For our Hondas we use a small private shop that came highly recommended by our neighbors. They’ve been fantastic.
by alec
Sat Jan 26, 2019 8:55 am
Forum: Investing - Theory, News & General
Topic: Argument against equity in early stage?
Replies: 75
Views: 3528

Re: Argument against equity in early stage?

My 30 portion and emergency fund added up is around 3-year annual expense. Also, I may not be able to capitalize on 'selling bond, buying equity' in a market downturn because of unemployment risk too. Appreciate input =) :sharebeer I think people get too hung up on what mental accounts their money ...
by alec
Thu Jan 24, 2019 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: SIE test prep [Securities Industry Essentials]
Replies: 2
Views: 245

Re: SIE test prep

Have u looked at some highly rated test prep books on Amazon. I saw one for $40 ish.
by alec
Mon Jan 21, 2019 11:26 am
Forum: Personal Investments
Topic: New 401k company, new fund choices?
Replies: 2
Views: 218

Re: New 401k company, new fund choices?

So our company switched from Transamerica to Trowe Price. We just came out of the blackout period Friday so I am looking over the selections they just dumped me in. They did get me into Vinix which was far better than our last offering. For international they put me in two different funds for some ...
by alec
Sun Jan 20, 2019 3:00 pm
Forum: Investing - Theory, News & General
Topic: The Value "Premium" has been ZERO for 30 years
Replies: 198
Views: 15657

Re: The Value "Premium" has been ZERO for 30 years

Time to buy value now, right?
by alec
Fri Jan 18, 2019 3:10 pm
Forum: Personal Investments
Topic: VTEAX Tax Exempt Bond Index Fund
Replies: 7
Views: 789

Re: VTEAX Tax Exempt Bond Index Fund

If you’re buying directly from Vanguard, why not just do the Int Term Tax Exempt admiral fund. The fund appears very similar to VTEAX.

No purchase fee and no ETF?
by alec
Mon Jan 14, 2019 8:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's The Planner and the Geek Podcast Opinions?
Replies: 4
Views: 468

Re: Vanguard's The Planner and the Geek Podcast Opinions?

IMO, It’s a lot of basic info that u can pick up here.
by alec
Wed Jan 09, 2019 7:58 pm
Forum: Personal Investments
Topic: Advice needed for a young person
Replies: 7
Views: 396

Re: Advice needed for a young person

Brad Barber at UC Davis has done excellent research on how stock traders have done. Hint, young men are among the worst.

http://www.bradmbarber.com/published-papers/

He generally teamed up with Terry Odean

https://faculty.haas.berkeley.edu/odean/
by alec
Tue Jan 08, 2019 10:04 pm
Forum: Personal Investments
Topic: Bond fund question - relationship between duration, yield, and actual return.
Replies: 9
Views: 467

Re: Bond fund question - relationship between duration, yield, and actual return.

According to Morningstar, Total bond fund has had higher 3,5, and 10 year return than inter term treasury fund and inter term govt bond fund.

Total bond has the higher expected return b/c of the lower quality bonds (and slightly longer duration). Whether that materializes is another thing.
by alec
Tue Jan 08, 2019 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: rollover Cash Balance Plan?
Replies: 2
Views: 230

Re: rollover Cash Balance Plan?

I have a small (1.5% of portfolio) cash balance plan from a former employer. I've held on to it as part of my fixed income allocation on the assumption that it was a risk free way of getting long term treasury returns -- it pays according to the 30y constant maturity rate. However, I am thinking th...
by alec
Tue Jan 08, 2019 9:34 pm
Forum: Personal Investments
Topic: Investments for super simplicity
Replies: 6
Views: 404

Re: Investments for super simplicity

Good evening. I am a very lazy investor. I’m curious if you think that the following investments are adequate: Me: $500/mo- Roth IRA- Target Retirement 2045 Me: $500/mo- 403(b)- Total Stock Market Index- Admiral Wife: $500/mo- Roth IRA- Target Retirement 2045 Wife: $500/mo- 403(b)- Total Stock Mark...
by alec
Mon Jan 07, 2019 8:51 pm
Forum: Personal Investments
Topic: In Need of (Real) Financial Advice
Replies: 14
Views: 1569

Re: In Need of (Real) Financial Advice

mortfree wrote:
Mon Jan 07, 2019 8:46 pm
Consider setting up a separate direct deposit with each paycheck ($750/pay or similar?) to a different account (like Ally or CapOne).

If it doesn’t reach your normal account you won’t see it or spend it.

Just an idea.
:thumbsup that’s what we did. Out of sight, out of mind.
by alec
Sat Jan 05, 2019 5:41 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 274
Views: 32518

Re: Case study Broker trade executions

I decided to test out a market open ETF swap this this morning with VSS. (I have VSS in multiple accounts, and I may want to move some around for rebalancing at some point.) Result: You can do the opening cross swap with limit orders, as long as you make them wide enough that both sides execute. I ...
by alec
Sat Jan 05, 2019 2:17 pm
Forum: Personal Investments
Topic: Tax efficiency question bonds in taxable
Replies: 7
Views: 481

Re: Tax efficiency question bonds in taxable

I have Vangaurd intermediate tax exempt fund. Yield is currently 2.45% and the taxable equivalent yield is 3.7% for the 35% tax bracket. Per the Vangaurd site: https://personal.vanguard.com/us/funds/tools/taxequivalentyield?FundId=0042&Sc2=0&Sc=0&FundId1=0042&FundId2=&FederalTaxBracket=33#results V...
by alec
Fri Dec 28, 2018 10:51 pm
Forum: US Chapters
Topic: My favorite Boglehead posters
Replies: 142
Views: 8406

Re: My favorite Boglehead posters

[cough] bobcat2 [cough]
by alec
Sun Dec 16, 2018 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Advice for 40s
Replies: 5
Views: 880

Re: Advice for 40s

If you are not focusing already on your fitness and diet, do it now. Don’t wait. Don’t put it off to next year. Do it now. Fortunately for my wife and I we’ve been very active and eat reasonably well, but at 45, I’ve seen my old buddies go downhill fast. Most look like they’ve aged 10-15 in the las...
by alec
Thu Dec 13, 2018 8:47 pm
Forum: Personal Investments
Topic: Portfolio Review
Replies: 4
Views: 282

Re: Portfolio Critique and Suggestions

do you have access to the "Voluntary, supplemental retirement savings programs" - the 457 plans, etc.?

https://www.peba.sc.gov/plans.html
by alec
Thu Dec 13, 2018 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit Pension Question
Replies: 20
Views: 1866

Re: Defined Benefit Pension Question

hushpuppy wrote:
Thu Dec 13, 2018 8:16 pm
How is it possible for the factor for 100% Joint & Survivor to be reduced from what it was in 2014 (0.814), when my wife will be 5 years older?
That's a great question. There's got to be an actuary around here somewhere to provide a good answer.
by alec
Thu Dec 13, 2018 8:10 pm
Forum: Personal Investments
Topic: New 401k for the Spouse
Replies: 6
Views: 318

Re: New 401k for the Spouse

bigdoofus wrote:
Thu Dec 13, 2018 6:54 pm
Thinking about using HLEIX, VIMAX and DFSTX to approximate TSM.
That seems reasonable.

Just curious, why do you have the Target Retirement fund in the taxable account?
by alec
Fri Dec 07, 2018 12:23 pm
Forum: Personal Investments
Topic: Question: Jamie Dimon ( JPMorgan ) on Bonds
Replies: 18
Views: 2338

Re: Question: Jamie Dimon ( JPMorgan ) on Bonds

If you had invested $10,000 in the Vanguard Total Bond Market Index Fund on that date, you would now have $12,133. The growth chart looks like this: Help - How do you get a growth chart of a bond/fund/stock that includes distributions? Everything I see is always a price chart. Use the charts at www...
by alec
Wed Dec 05, 2018 6:30 pm
Forum: Personal Investments
Topic: Transitioning to Schwab 401(k): Three-Fund Portfolio
Replies: 3
Views: 366

Re: Transitioning to Schwab 401(k): Three-Fund Portfolio

Looks good to me. Any good small cap index fund in the plan?
by alec
Wed Dec 05, 2018 8:14 am
Forum: Personal Investments
Topic: Young Ohio Municipal Worker Looking For Advice
Replies: 3
Views: 683

Re: Young Ohio Municipal Worker Looking For Advice

Taxable in Managed Broker Account. No ongoing fees currently. I have about 5k ready to invest on top of the current balance. Also plan on rolling $2,700 over from my Wealthfront account and liquidating my Robinhood account which has about $500 in it. 30% State Street Corporate Bond PFD Share (STT’C...
by alec
Mon Dec 03, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Job search and Finance industry
Replies: 7
Views: 1116

Re: Job search and Finance industry

Yeah, there’s a difference between market micro structure and personal finance. If u want an intro to the securities industry, you can study and take FINRAs SIE exam. “Dark Pools” by Scott Patterson is a good book on the history of equity market structure and birth of HFT like Tradebot up through th...
by alec
Sat Dec 01, 2018 2:39 pm
Forum: Personal Investments
Topic: Need advice on allocation of fixed income.
Replies: 10
Views: 991

Re: Need advice on allocation of fixed income.

So my question is, can you point me to a decenet allocation model specific to the fixed income portion of my portfolio? As I stated, I have a good model to the equity side, and I'm comfortible with my split of equity vs. fixed income, but I am not comfortible with understanding how to best invest t...
by alec
Sat Dec 01, 2018 12:26 pm
Forum: Personal Investments
Topic: Buying/selling TDF within 401k
Replies: 2
Views: 263

Re: Buying/selling TDF within 401k

No, there are no tax implications. It's just moving money from one fund(s) inside the 401k to another.
by alec
Thu Nov 29, 2018 4:19 am
Forum: Personal Consumer Issues
Topic: Warm Sleepwear
Replies: 21
Views: 2566

Re: Warm Sleepwear

Limoncello402 wrote:
Thu Nov 29, 2018 3:56 am
I love long underwear on cold nights, but for an older woman she would probably like either a flannel nightgown (Lanz of Salzburg is "classic") or flannel pjs. Try to find out which she prefers before buying, nightgown or pjs.
:thumbsup my parents r in their 70s and wear flannel pajamas.
by alec
Mon Nov 26, 2018 8:41 pm
Forum: Personal Investments
Topic: 401K Allocation Question
Replies: 4
Views: 434

Re: 401K Allocation Question

We are both 45, and characterize ourselves as aggressive investors. Although the standard advice is 20% in bonds, the bond options are not great. Would it make sense to move all of his 401K money into equities (and keep a 50/50 Roth/Traditional split) and then balance the risk by putting some porti...
by alec
Sat Nov 24, 2018 8:55 pm
Forum: Personal Investments
Topic: Portfolio Review Request
Replies: 16
Views: 1624

Re: Portfolio Review Request

Seems like you've got a lot of similar funds in a lot of the different accounts. Was that by design? It looks overly complicated to me.