Search found 470 matches

by Grogs
Sat Mar 23, 2019 11:23 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in free fall

So this actually makes an interesting case study for those who claim dividends are are some magic free lunch. Not a free lunch but a reduced price lunch. Dividends, on US stocks, are taxed as long term gains no matter how long one held the stock. No. The point is that you get the same amount. You e...
by Grogs
Sat Mar 23, 2019 9:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in free fall

I am not saying it explained the significant sell-off we saw today, but it did contribute to the loss for several of the funds that are used often on here. VTI looks like it may have gone ex-div. That wouldn't effect anything in the market, but it certainly would impact VTI (Total US Stock Market)....
by Grogs
Wed Mar 13, 2019 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Basis - Need to track?
Replies: 40
Views: 3705

Re: Roth IRA Basis - Need to track?

I've lost records for 2-3 years of contributions in the late 90s. I've moved my Roth IRA twice during the intervening years. Given the age of those contributions, I doubt that I could recover those records easily (if at all). The good news is that the limits were only about $2k/yr back then, but I c...
by Grogs
Thu Mar 07, 2019 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 309
Views: 22395

Re: [2018 tax return - How does it compare to previous years?]

I live in a low tax state, so SALT isn't an issue. Still, I was itemizing for ~10k, so about 14.2k with the exemption. Dropping back to 12k cost about $500 in the 24% bracket. The lower tax brackets more than made up for that loss though. I calculated my taxes using both the old and the new system, ...
by Grogs
Thu Feb 21, 2019 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Another t401k vs r401k scenario
Replies: 13
Views: 732

Re: Another t401k vs r401k scenario

There was a thread earlier this week that provided us this same revelation - if you put X dollar amount into traditional and the same amount into Roth, you effectively get more in Roth. Well, of course you do. I'm starting to think this is not entirely accidental - Congress doesn't mind at all that...
by Grogs
Wed Feb 20, 2019 6:21 am
Forum: Personal Finance (Not Investing)
Topic: On this Forum, is X% of Income Saved Pre-Tax or Post-Tax?
Replies: 95
Views: 6220

Re: On this Forum, is X% of Income Saved Pre or Post Tax?

Highest 36-month final average compensation window * years employed * 2%. Wow. What a utopistic pension. Say, you get a nice raise for the last 3 years, bringing you to 50% higher than the previous 10. You put in 33 years of service. Then you get a pension equal to 100% of your Y-13 to Y-3 pay. I f...
by Grogs
Wed Feb 20, 2019 5:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 575
Views: 65576

Re: U.S. stocks continue to soar!

What’s VTI ytd, on Vanguard it says 11.90%, but yahoo said 8.90%, what’s the correct number. 11.9 Thank you. I’m using this as a benchmark. As a benchmark it looks like VTI needs a 6.17% gain to get back to the all time high (143.02 at close; all time high last year was 151.31) or; stated another w...
by Grogs
Tue Feb 19, 2019 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Fast turnaround on Federal Tax
Replies: 40
Views: 3628

Re: Fast turnaround on Federal Tax

I submitted mine 2/12, and this morning I noticed my bank account shows the refund is pending. Assuming that means it posts tomorrow, that's 8 days. Not too shabby. BTW, I usually dial my taxes down to about a $100 refund every year. Owing is a hassle because for whatever reason, when I put my check...
by Grogs
Thu Jan 17, 2019 5:36 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 49915

Re: John Bogle has died at age 89

Saw this this morning. Very sad. He certainly helped me get my house in order. Farewell, Mr. Bogle.
by Grogs
Tue Jan 08, 2019 6:02 pm
Forum: Personal Investments
Topic: How to calculate how much to contribute to 401k to reach the maximum limit by years end?
Replies: 11
Views: 697

Re: How to calculate how much to contribute to 401k to reach the maximum limit by years end?

I missed the maximum 401k contribution for 2018 again by about 1k. Since my salary fluctuates each year (3% raise or loss of contract, etc) I often have to adjust my 401k contribution amounts a few times a year to try and make sure I contribute 18500 (it's 19000 in 2019). My employee won't do a "TR...
by Grogs
Sun Jan 06, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: Avoid rebalancing between risky assets. Let bulls run.
Replies: 33
Views: 2853

Re: Avoid rebalancing between risky assets. Let bulls run.

I have a couple of thoughts on this. First, maybe show a case with no rebalance at all since that's the extreme case. Second, unless I missed it, these are essentially just a single investment at the beginning. Most people are going to either be adding or withdrawing funds every year. What happens w...
by Grogs
Sun Jan 06, 2019 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: World Nomad Travel Insurance: too good to be true?
Replies: 5
Views: 552

Re: World Nomad Travel Insurance: too good to be true?

I purchased a WN policy recently for a trip to Madagascar. Before I bought it, I looked at a couple of reviews comparing various policies. The two dings I saw on WN relative to some other higher-priced policies were: 1. It looked like if you have a chronic pre-existing condition like diabetes, it wo...
by Grogs
Thu Jan 03, 2019 6:34 am
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 234
Views: 29261

Re: Social Security for Millennials

As luck would have it, I'll be 61 in 2034 if I'm still around. So my age group may be one of the first affected by the exhaustion of the trust fund. For planning purposes, I assume I'll get 75% of calculated SS benefits and then pay tax on 85% of the remainder. This reduces the net benefit to about ...
by Grogs
Tue Jan 01, 2019 3:01 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 160
Views: 8320

Re: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?

Just coincidentally I have a $6,000 CD maturing tomorrow. Depending on when the money hits my savings account, I plan to fund my IRA on either the 2nd or 3rd. My international allocation is low so I'll probably buy about 1/3 Total Stock Market and 2/3 Total International Stock Market.
by Grogs
Fri Dec 28, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: Algos/HFT and the media hurt the retail investor ?
Replies: 78
Views: 2239

Re: Algos/HFT and the media hurt the retail investor ?

My take is that these things are mostly short-term noise. They might exacerbate the gyrations over a period of a few days, but over a period of years I don't think they have much impact.
by Grogs
Mon Dec 24, 2018 10:46 pm
Forum: Investing - Theory, News & General
Topic: Worst prediction ever?
Replies: 15
Views: 2218

Re: Worst prediction ever?

That's great. That was posted on 12/3, which was the high point of December. VTI closed at $143.00. 7% up from there would be $153.01. I guess that's still theoretically possible. We just need a 28% run up from the current value of $119.70 in 4 days of trading. I won't be holding my breath on that.
by Grogs
Sat Dec 22, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in free fall

Has anyone been kicked out of Flagship or Flagship select yet? Aren't you grandfathered in unless you drop out because you actually sell funds? I can't imagine that if someone put in $500k or whatever the cutoff is, and the value dropped to $499.9k the next day that they would be encouraged to keep...
by Grogs
Sat Dec 22, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: Is The Federal Reserve Necessary
Replies: 14
Views: 613

Re: Is The Federal Reserve Necessary

Since the Federal Reserve is mandated by current law, I believe the only correct answer is yes. :wink:

Hypotheticals that don't match current laws are not actionable and IMO outside the scope of acceptable topics for this forum.
by Grogs
Sat Dec 22, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard's account readout changes overnight?
Replies: 5
Views: 490

Re: Vanguard's account readout changes overnight?

Perhaps something a bit different, but this morning I grabbed the closing NAV for my funds from Google and entered them into my spreadsheet. A few minutes later, I logged into VG to get my distribution info and typed the number of new shares into my spreadsheet. The total balance on my IRA was a bit...
by Grogs
Sat Dec 22, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in free fall

I am starting to realize I may be tempted not to ‘stay the course’ if the markets continue to slide significantly...so far it’s been easy, as it’s not significant, but say if S&P 500 is down 30% from its all-time high I may be tempted to change my AA. I’m about 9 years from retirement and at around...
by Grogs
Fri Dec 21, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: TLH - What form will I get from Fidelity?
Replies: 4
Views: 331

Re: TLH - What form will I get from Fidelity?

You enter the purchase and sale information in Turbo Tax interview under Investment Income (Stocks, Mutual Fund, Bonds, Other). You can also import the 1099-B into Turbo Tax when it is ready, if you want. This was my first year doing a TLH and I just did a walkthrough with H&R Block to make sure my...
by Grogs
Fri Dec 21, 2018 9:16 pm
Forum: Investing - Theory, News & General
Topic: When did the musicians on the titanic realize their fate?
Replies: 132
Views: 9941

Re: When did the musicians on the titanic realize their fate?

For me, it's all about the job. As long as I stay employed, I don't plan to sell any stocks, and I'll keep buying with every paycheck. Even if the markets keep going down, as long as I have secure employment I can just continue to work and put off retirement. If I lost my job, I expect I could go se...
by Grogs
Fri Dec 21, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in free fall

The market is down? lol i dont look at that. If you only looked at your portfolio once per year at the end of the year, you'd probably yawn when you compared Dec. 31st, 2017, to Dec. 31st, 2018. Really? I wouldn’t yawn at what is looking like a 10% decline YOY. VTSAX had a 5.6% return from one year...
by Grogs
Thu Dec 20, 2018 9:04 pm
Forum: Personal Consumer Issues
Topic: Stand up desks: Jarvis vs UpLift vs ?? (Help me shop)
Replies: 34
Views: 2198

Re: Stand up desks: Jarvis vs UpLift vs ?? (Help me shop)

Thanks for the ideas. I've had a standing desk at work for 4-5 years now, and I really like it. For my work setup, I have a motorized version which is really nice. I find that I can't stand all day because my Achilles tendons will start bothering me after a couple of hours, so I usually raise and lo...
by Grogs
Wed Dec 19, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in free fall

That's probably not algorithms, actually (or not exclusively). The speed of the drop was 90% or more high speed trade. Retail investors aren't sitting around watching CNBC or reading every tweet. Even the pundits don't have a clue but I do. That was fast! Markets were up smartly and then went to a ...
by Grogs
Wed Dec 19, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in free fall

That's probably not algorithms, actually (or not exclusively). The speed of the drop was 90% or more high speed trade. Retail investors aren't sitting around watching CNBC or reading every tweet. Even the pundits don't have a clue but I do. That was fast! Markets were up smartly and then went to a ...
by Grogs
Wed Dec 19, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in free fall

Other than my 401k contribution on the 26th (which is all bonds/international) and a small contribution to my HSA on the 27th, I don't have any more purchases planned for the year. I plan to fund at least half of my 2019 IRA contributions in January, so I'm OK if it's still down, or down more then. ...
by Grogs
Mon Dec 17, 2018 5:56 pm
Forum: Investing - Theory, News & General
Topic: Updated Vanguard Estimated Year-End Distributions (Div & CG)
Replies: 58
Views: 5253

Re: Updated Vanguard Estimated Year-End Distributions (Div & CG)

1. No, unless you don't hold your shares that paid the dividends for at least 61 days. Where did you get this 60-day idea? So if you bought on 10/28, hold the shares until at least Friday, 12/28. You can hold longer, too. Thanks, just a misunderstanding of the post I quoted. 2. No, that new lot wil...
by Grogs
Mon Dec 17, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Updated Vanguard Estimated Year-End Distributions (Div & CG)
Replies: 58
Views: 5253

Re: Updated Vanguard Estimated Year-End Distributions (Div & CG)

At this moment I'm not concerned with taxable or not taxable my question was since the document that the $.41 came from was an end of year estimate from vanguard...... if that was just for one month the dividend would be astronomical ,unbelievable https://investornews.vanguard/upcoming-capital-gain...
by Grogs
Mon Dec 10, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Updated Vanguard Estimated Year-End Distributions (Div & CG)
Replies: 58
Views: 5253

Re: Updated Vanguard Estimated Year-End Distributions (Div & CG)

I have owned the Total Stock Market fund for the past 2 years in my taxed account. It pays quarterly dividends. Does this mean it will pay dividends in December plus capital gains. Also, Dividends are taxed at your income rate? Capital gains taxed at 15% I am in the 22 percent max. rate on income. ...
by Grogs
Sat Dec 08, 2018 11:12 am
Forum: Personal Investments
Topic: Best Re-balancing technique . . .
Replies: 20
Views: 1467

Re: Best Re-balancing technique . . .

A few questions: Are these in tax-advantaged accounts, or taxable where there is a cost of trading? How big is your balance relative to contributions? I would probably start by moving 100% of contributions to bonds (if I'm understanding correctly), but I don't know how much that will move the needle.
by Grogs
Sat Dec 08, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in freefall

I did talk to my independent broker today, aka broker #4, and we discussed the very tumultuous markets. He said this had a very mechanical feel to it and that it was probably trading algorithms at work. Folks taking a profit and perhaps tax loss selling as well. Individual investors are not doing t...
by Grogs
Sat Dec 08, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Single, self employed, 45k in debt, 375k in equity. what’s my move?
Replies: 16
Views: 1537

Re: Single, self employed, 45k in debt, 375k in equity. what’s my move?

Sounds reasonable to me. If your income is, say, 50% of what it used to be, you need to adjust your lifestyle to match. Selling a home with payments that are larger than you can afford is a good start. Your credit cards are still at 0% now, but you don't want to be subjected to the thumbscrews of pa...
by Grogs
Sat Dec 08, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: When to consider making extra principal payments on mortgage?
Replies: 24
Views: 2269

Re: When to consider making extra principal payments on mortgage?

Like others have said, the appreciation of the home is irrelevant for the decision on paying extra. You'll see that money when you sell/refinance either way. The variables that matter most are the outstanding principal on your loan and the effective interest rate. Since you say you'll probably sell ...
by Grogs
Fri Nov 02, 2018 6:06 am
Forum: Investing - Theory, News & General
Topic: An extreme example of inflation and a mortgage
Replies: 37
Views: 3331

Re: An extreme example of inflation and a mortgage

1) As interest rates go up it is more expensive for someone to buy your home so that puts downward pressure on housing prices. As I recall it was not unusual for housing prices to not keep up with high inflation but you could check on that. In the US, things would be different than in the 80s. Back...
by Grogs
Mon Oct 29, 2018 6:12 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in freefall

I took advantage of the down markets and I did my first ever TLH yesterday. I traded all of my VTSAX for the year except one lot from March into VIMAX (mid-cap fund) for a loss of ~ $1550. Right after I put in my order, the market started shooting up and it looked like some of my lots might sell fo...
by Grogs
Sat Oct 27, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in freefall

I took advantage of the down markets and I did my first ever TLH yesterday. I traded all of my VTSAX for the year except one lot from March into VIMAX (mid-cap fund) for a loss of ~ $1550. Right after I put in my order, the market started shooting up and it looked like some of my lots might sell for...
by Grogs
Thu Oct 25, 2018 4:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in freefall

Makes me think of the Bradbury short story "All Summer in a Day" where the sun only comes out one day a year on Venus... That was kind of a sad story. It's only once every seven years. One of my favorites. https://www.google.com/url?sa=t&source=web&rct=j&url=http://staff.esuhsd.org/danielle/English...
by Grogs
Fri Oct 12, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: Morse Code Glide Path
Replies: 32
Views: 1887

Re: Morse Code Glide Path

I use different starting and ending points, but I use a similar formula in my spreadsheet. I got the idea from a discussion with klangfool at some point. We have very different ideas on a reasonable asset allocation--I am much more aggressive--but I appreciated his glidepath theory. I'm doing somet...
by Grogs
Fri Oct 05, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 2.20%]
Replies: 285
Views: 48765

Re: [Ally online savings now at 1.80%]

I checked Ally this morning and they're advertising 1.90% for their online savings. When I log on my account is still showing 1.85%, but I'm assuming it will update in a day or two.
by Grogs
Thu Oct 04, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Amazon Prime/Whole Foods/AMEX Blue Cash Preferred dilemma
Replies: 26
Views: 2309

Re: Amazon Prime/Whole Foods/AMEX Blue Cash Preferred dilemma

Conveniently ignoring the $200 sign up bonus. $200 is an awful sign up bonus for a card with a $95 annual fee... I think 4.4% is pretty good. What do you recommend for grocery spend? It’s 4.4% if you spend exactly $6000. It is worse if you spend more or less than $6000. I just don’t like having a $...
by Grogs
Sat Aug 25, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Annual Savings to Expenses Ratio: Meaningful Financial Statistic?
Replies: 22
Views: 1256

Re: Annual Savings to Expenses Ratio: Meaningful Financial Statistic?

And your scheme makes it even easier for rich people to put up impressive numbers. Lets look at 2 examples a) 1 million dollars. 400k in taxes. 100k spend. 500k savings. 50% savings rate. 5:1 savings rate b) 50k income. 0k in taxes. 25k spend. 25k savings. 50% savings rate. 1:1 savings rate. But wh...
by Grogs
Sat Aug 25, 2018 10:42 am
Forum: Personal Investments
Topic: Breaking Up and Staying On Good Terms with an Advisor
Replies: 42
Views: 5384

Re: Breaking Up and Staying On Good Terms with an Advisor

Congratulations! When I switched from my high-fee advisor to VG back in 2015, I had similar concerns. When I opened the account at VG, they advised me that the funds my advisor had me in were complex, and that it would be easier to have my old advisor put everything in cash before the move. I rather...
by Grogs
Tue Aug 21, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: How common is ACH fraud on checking accounts?
Replies: 21
Views: 6381

Re: How common is ACH fraud on checking accounts?

I had a fraudulent ACH charge on an account once. It was an account I rarely ever use anymore, and I keep less than $50 in it. I noticed something was amiss when I logged in and saw the account had gone negative. Someone had tried to pay their mortgage from my account, but that payment had bounced b...
by Grogs
Tue Aug 21, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827045

Re: U.S. stocks in freefall

I imagine I'm largely to blame for today's highs. I deposited a large check Friday, and the funds were finally available to purchase VTSAX today. I also have contributions scheduled for the 24th and 28th, so I'm sure those will be record highs as well. :D
by Grogs
Tue Aug 21, 2018 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement: how to get a lease without income
Replies: 10
Views: 1859

Re: Early Retirement: how to get a lease without income

My family had a lot of rentals. We never checked income beyond maybe asking them where they worked. If the answer was McDonalds, and they were trying to rent a $1000/mo. house, then we probably would ask a few more questions. When there was someone who we didn't feel really confident was going to be...
by Grogs
Tue Aug 21, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding Rental Depreciation
Replies: 9
Views: 556

Re: Understanding Rental Depreciation

TurboTax should be keeping track of the depreciation (if you properly entered the rental income into TurboTax). If you do a test account with TT and enter a sale of the property (as if you sold the property), then TurboTax will show you the amount of depreciation as it guides you down a different c...
by Grogs
Mon Aug 20, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2827

Re: Military career/college options (engineering - nukes?)

I can probably provide some info as I have both a military (Army) background and nuclear engineering PhD. I got my BS in physics and then 10 years later went back for an MS/PhD in NE. I thought it was a fairly easy transition to make because in some ways NE is like physics lite. They study a lot abo...
by Grogs
Sun Aug 19, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: The problem with 'saving receipts' for future qualified HSA withdrawals
Replies: 24
Views: 3118

Re: The problem with 'saving receipts' for future qualified HSA withdrawals

To me, it seems like a bet on whether one will or won't have substantial medical costs. I hedge my bets towards the "will" category, but it's a bet I will be happy to lose. If so, it probably means that I've reached my senior years fairly healthy and with lower than anticipated medical costs. That s...
by Grogs
Sun Aug 19, 2018 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Edward Jones rep door knocking
Replies: 90
Views: 9793

Re: Edward Jones rep door knocking

isn't it better to be invested in a high expense ratio investment than continuing their trend of not investing? source (see number 4): https://thebestschools.org/magazine/15-logical-fallacies-know/ You are saying in effect, "They either can invest in high cost EJ funds, or not at all." Nope, there'...