Search found 8272 matches

by David Jay
Tue May 26, 2020 10:06 pm
Forum: Personal Investments
Topic: Roth contributions/ tax filings
Replies: 5
Views: 337

Re: Roth contributions/ tax filings

FiveK wrote:
Tue May 26, 2020 9:20 pm
Or you could have the broker recharacterize the contribution from Roth to traditional.
^ ^ ^ This
by David Jay
Tue May 26, 2020 8:44 pm
Forum: Personal Investments
Topic: Is financial modeling overrated?
Replies: 9
Views: 707

Re: Is financial modeling overrated?

Here is the way I would put it: theory + past performance illuminates [but does not guarantee] the future. Past performance alone is like correlation in statistics. Past performance is not indicative of future performance, just as correlation does not indicate which variable is cause and which varia...
by David Jay
Tue May 26, 2020 8:24 pm
Forum: Personal Investments
Topic: Roth contributions/ tax filings
Replies: 5
Views: 337

Re: Roth contributions/ tax filings

What is the specific issue? Is your income too high (filing separate rules) to qualify for a Roth?
by David Jay
Tue May 26, 2020 6:52 pm
Forum: Personal Investments
Topic: 30-Day Yield Negative on TIPS Mutual Fund
Replies: 3
Views: 342

Re: 30-Day Yield Negative on TIPS Mutual Fund

“SEC Yield” has a specific definition. SEC Yield assumes all bonds will pay out including all coupons and maturity redemption value. But a major source of TIP yield is the inflation index. And since future inflation is unknown, SEC yield can’t make any assumptions about that portion of the yield. Be...
by David Jay
Tue May 26, 2020 12:06 pm
Forum: Personal Investments
Topic: RSP ETF undervalued?
Replies: 1
Views: 101

Re: RSP ETF undervalued?

I do not want to invest in a traditional small cap value ETF like IJS or VIOV, due to high volatility . People try to find a way to capture the small cap premium without taking the small cap risk. It just doesn't work like that. One has to take the risk to get the premium. If you know something abo...
by David Jay
Mon May 25, 2020 8:36 pm
Forum: Investing - Theory, News & General
Topic: Fractional Investing
Replies: 18
Views: 1068

Re: Fractional Investing

For Bogleheads, it allows ETFs to function more like mutual funds, so one does not have to wait to purchase full shares.
by David Jay
Mon May 25, 2020 5:20 pm
Forum: Personal Investments
Topic: IS there a better Vanguard alternative to VPL to not emphasize Japan
Replies: 3
Views: 302

Re: IS there a better Vanguard alternative to VPL to not emphasize Japan

Is there a better alternative to Pacific that is not as much concentrated on Japan. 1. The thing about broad-based index funds is that they are broad-based index funds and typically cap weighted to keep the costs low. If you want a Pacific fund that is “no Japan” then you will likely need to build ...
by David Jay
Mon May 25, 2020 4:54 pm
Forum: Investing - Theory, News & General
Topic: Has anybody heard of DriverLoan Investor Club?
Replies: 28
Views: 1961

Re: Has anybody heard of DriverLoan Investor Club?

But they probably only lie about the unimportant things like the information on their home page. I’m sure they are trustworthy in every other way... :oops: They also say on their home page that they have been in business for (3) years but their website was registered on March 3, 2020 . There seems ...
by David Jay
Mon May 25, 2020 2:38 pm
Forum: Personal Investments
Topic: How to find "index tracking" passive MF & determine differences between similar tracking funds?
Replies: 10
Views: 444

Re: How to find "index tracking" passive MF & determine differences between similar tracking funds?

Husband's 401K does not allow stocks or ETFs but access to almost every MF out there via the brokerage option. How can he find which MFs merely track indexes (aka passive investing MFs)? Here is a starting list: https://www.bogleheads.org/wiki/Three-fund_portfolio Also, what exactly (aside from ini...
by David Jay
Mon May 25, 2020 2:03 pm
Forum: Personal Investments
Topic: I have no risk tolerance: where am I supposed to keep my money?
Replies: 70
Views: 5709

Re: I have no risk tolerance: where am I supposed to keep my money?

The stock market did not recoup it's 1929 crash until the 50s... You have irrational fears and are even creating false “facts” to support them. I don’t have a good answer, but some level of study may help - maybe some of the books Bill Bernstein recommends in “If You Can”, free PDF here: https://ww...
by David Jay
Mon May 25, 2020 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Can you reverse an RMD from a 457(b) plan?
Replies: 2
Views: 221

Re: Can you reverse an RMD from a 457(b) plan?

Sorry, but there is no rule requiring a 457(b) to take back a withdrawal (any withdrawal, not just RMD). Everywhere I google I keep coming up with descriptions of 457s as “complex” and “confusing”. Would you be happier if you rolled your entire 457 balance into a traditional IRA and put the assets u...
by David Jay
Mon May 25, 2020 1:34 pm
Forum: Investing - Theory, News & General
Topic: Has anybody heard of DriverLoan Investor Club?
Replies: 28
Views: 1961

Re: Has anybody heard of DriverLoan Investor Club?

Here is your background check: ...with FDIC and SEC endorsements People showed you that they are not FDIC insured and that they are not SEC endorsed. Figure taking a chance with shortest term(3 months) and smallest investment($50) is worth the curiosity. This I do not understand. They lie to you and...
by David Jay
Mon May 25, 2020 1:13 pm
Forum: Investing - Theory, News & General
Topic: Examples of why NOT to hold individual stocks
Replies: 91
Views: 7071

Re: Examples of why NOT to hold individual stocks

I like the “Nifty Fifty” from the 1980s. It was thought that you could buy these 50 stocks and hold them forever. The following list represents 18% of those stocks:

Burroughs
Digital Equipment
Eastman Kodak
Emery Air Freight
Polaroid
Schlitz Brewing
Sears Roebuck
SS Kresge
Xerox
by David Jay
Mon May 25, 2020 1:01 pm
Forum: Forum Issues and Administration
Topic: How search a two-word phrase?
Replies: 7
Views: 589

Re: How search a two-word phrase?

Are you using “advanced search”? Put the two words in quotation marks.
by David Jay
Mon May 25, 2020 12:00 pm
Forum: Investing - Theory, News & General
Topic: New Morningstar Target Date Fund Rankings
Replies: 17
Views: 1339

Re: New Morningstar Target Date Fund Rankings

Horton wrote:
Mon May 25, 2020 11:45 am
Notably, Schwab's target index funds are not rated.
You just overlooked Schwab, number 19 from the top of the list.
by David Jay
Mon May 25, 2020 11:06 am
Forum: Forum Issues and Administration
Topic: Bogleheads' Reading Strategies for Boglehead Forums
Replies: 19
Views: 1168

Re: Bogleheads' Reading Strategies for Boglehead Forums

Once or twice a day I try to stop by: Quick Links > Unanswered Topics

Especially for newcomers, I like to welcome them and "bump" the topic with a quick comment.
by David Jay
Mon May 25, 2020 9:35 am
Forum: Personal Investments
Topic: Question about Edward Jones disapproval
Replies: 40
Views: 3705

Re: Question about Edward Jones disapproval

mortfree wrote:
Sun May 24, 2020 8:30 pm
Prime candidate to share the “If You Can” free pdf by William Bernstein.

Very quick read and free online.
This!

Link: https://www.etf.com/docs/IfYouCan.pdf
by David Jay
Fri May 22, 2020 3:06 pm
Forum: Personal Investments
Topic: Can retirement be this simple?
Replies: 31
Views: 4274

Re: Can retirement be this simple?

Note to all: The OP is talking about a 4.25% withdrawal until age 67 when Social Security kicks in and his withdrawal rate will drop.

I am currently withdrawing over 6% of portfolio... but only until age 70, at which point withdrawal rate drops to something under 2%.
by David Jay
Fri May 22, 2020 2:58 pm
Forum: Personal Investments
Topic: How to invest Inherited IRA
Replies: 12
Views: 590

Re: How to invest Inherited IRA

I am presuming that your Uncle passed in 2020, so you are subject to the new rules - as you said: 10 years to withdraw. The best way to minimize taxes if you are not "maxing out" your tax advantaged space is to increase your contributions by the same amount as the 10% withdrawal. Then you will have ...
by David Jay
Fri May 22, 2020 2:36 pm
Forum: Investing - Theory, News & General
Topic: Roth + Time vs Pretax + tax
Replies: 37
Views: 1795

Re: Roth + Time vs Pretax + tax

My quickie rule of thumb: If your current marginal rate is 12% or less, go Roth. If your current marginal rate is 32% or higher, go tIRA. 22% - 24% requires a more detailed analysis (focusing on future projected marginal tax rate).
by David Jay
Fri May 22, 2020 8:34 am
Forum: Investing - Theory, News & General
Topic: artificial intelligence ETFs
Replies: 20
Views: 1602

Re: artificial intelligence ETF

The point of this thread, though, is identifying the best ETF that contains a set of companies who which fall into one of the following: (a) disproportionately benefit from breakthroughs in AI/ML or data science methods (b) disproportionately profit from the greater adoption of those methods by the...
by David Jay
Thu May 21, 2020 11:00 pm
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11401

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

maxInfo wrote:
Wed May 20, 2020 11:32 pm
His arguments made a lot of sense...
Why do I hear Baby Huey in that statement?
by David Jay
Thu May 21, 2020 10:50 pm
Forum: Personal Investments
Topic: Signature FCU IRA Savings Rate 1.75%
Replies: 5
Views: 334

Re: Signature FCU IRA Savings Rate 1.75%

Signature FCU appears to have a very good IRA savings rate of 1.75%. They are a new name to me. Has anyone had experience with them? For what period is this guaranteed? Interest rates are falling everywhere (note recent Ally quarter point drop). I would not go through the bother of moving your mone...
by David Jay
Thu May 21, 2020 7:13 pm
Forum: Investing - Theory, News & General
Topic: artificial intelligence ETFs
Replies: 20
Views: 1602

Re: THNQ artificial intelligence ETF

When did attlasian (TEAM) become AI focused? yeah, I don't like that THNQ contains TEAM, WIX, and a few other similar stocks. But, the index description does remark that it tracks essentially the AI ecosystem, so, basically you get some companies that make products that are used for AI development ...
by David Jay
Thu May 21, 2020 10:10 am
Forum: Personal Consumer Issues
Topic: Blown Power Amplifier: Repair or Replace? [resolved]
Replies: 39
Views: 1776

Re: Blown Power Amplifier: Repair or Replace?

I found this. Wow, are you a resource. I was an Audio tech in another life (over 40 years ago), I agree that you should first replace the fuses, then switch to 4 Ohm and turn it on. If the fuses blow immediately then you have to make a decision. I would lean towards replacement. Too many components...
by David Jay
Thu May 21, 2020 9:57 am
Forum: Personal Investments
Topic: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?
Replies: 16
Views: 555

Re: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?

Within Vanguard, you can move funds directly from your tIRA to your Roth (this is called a "Roth Conversion") and only pay taxes - no penalty - on the funds you move from your tIRA to your Roth.

Please provide a more step-by-step explanation of your plan and we can review it.
by David Jay
Thu May 21, 2020 9:54 am
Forum: Personal Investments
Topic: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?
Replies: 16
Views: 555

Re: Transferring money from Traditional IRA brokerage account to Vanguard brokerage account

Slow down! I think there are some things you don't understand and at least some language that you are not using correctly. If you get this wrong you will create a mess with the IRS. A Traditional IRA (tIRA) is a special account, it contains assets that are receiving special tax treatment. Think of t...
by David Jay
Wed May 20, 2020 9:40 pm
Forum: Personal Consumer Issues
Topic: “Fuzzy” monitor - will moving from VGA to DVI help?
Replies: 12
Views: 575

Re: “Fuzzy” monitor - will moving from VGA to DVI help?

Just buy a new monitor. It’s OK to buy a new monitor every 100 months.
by David Jay
Wed May 20, 2020 4:21 pm
Forum: Investing - Theory, News & General
Topic: Why is total market weighted index best?
Replies: 61
Views: 4277

Re: Why is total market weighted index best?

Phineas J. Whoopee wrote:
Fri May 15, 2020 7:04 pm
MotoTrojan wrote:
Wed May 13, 2020 8:47 am
...
Just because it’s the market doesn’t mean it’s right.
What's the market-external standard for what is right?

PJW
Whatever I happen to believe at the moment. :wink:
by David Jay
Wed May 20, 2020 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Another Round Retirement Plan
Replies: 29
Views: 2101

Re: Another Round Retirement Plan

You haven't given us even a hint of your current retirement balances, so it is difficult to tell you how much you need to save. For instance: if you have $50,000 of retirement savings between the two of you then you should be looking at 20% - 25% savings rates. If you have $500,000 then you may be a...
by David Jay
Wed May 20, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: If an Investor wants a 95% probability of Stocks outperforming Bonds, they better...
Replies: 11
Views: 1500

Re: If an Investor wants a 95% probability of Stocks outperforming Bonds, they better...

Is it true that if an investor wants a 95% probability of stocks outperforming bonds, they need to hold their positions for at least 20 years? Probably. What is your time horizon to the point where you will no longer hold any stocks? My wife and I are 63 and our time horizon is still over 30 years...
by David Jay
Wed May 20, 2020 9:06 am
Forum: Personal Finance (Not Investing)
Topic: At 30, what are some key financial milestones I should have hit?
Replies: 51
Views: 4284

Re: At 30, what are some key financial milestones I should have hit?

bigtex wrote:
Wed May 20, 2020 8:41 am
I am turning 30 soon. Are there any big boglehead financial milestones I should have hit by age 30?
Great question! You are so far ahead of where I was. I think I made my very first 401K contribution at age 30...
by David Jay
Wed May 20, 2020 9:02 am
Forum: Personal Investments
Topic: Transferred From EJ to Vanguard... Now What?
Replies: 9
Views: 452

Re: Transferred From EJ to Vanguard... Now What?

I don’t understand your exact situation - did you have both a taxable and a Roth at EJ? If all assets at EJ were inside a Roth, then you only need one Roth account at Vanguard. The excess cash will stay within the Roth, Prime Money Market is just another Mutual Fund inside the Roth. You also need to...
by David Jay
Wed May 20, 2020 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Another Round Retirement Plan
Replies: 29
Views: 2101

Re: Another Round Retirement Plan

However I’m not seeing how this is going to play in the future since we have 14 years until retirement And that is the point. You can’t know the future and when you try to plug in arbitrary numbers 14 years out you get yourself tied in knots. In particular, trying to predict inflation into the dist...
by David Jay
Wed May 20, 2020 8:28 am
Forum: Personal Investments
Topic: Open Social Security strategy results question
Replies: 55
Views: 3690

Re: Open Social Security strategy results question

I can imagine scenarios where this makes sense... ... in almost every case ... So we agree! I didn't say it would be common, but that people should check. Peace! People should certainly check. We were planning to have my wife wait to FRA (66y 4mo) to get full spousal but opensocialsecurity said it ...
by David Jay
Tue May 19, 2020 8:59 pm
Forum: Investing - Theory, News & General
Topic: Best Overall Online Brokerage Account
Replies: 31
Views: 2033

Re: Best Overall Online Brokerage Account

decapod10 wrote:
Tue May 19, 2020 8:53 pm
F-150? That's pretty generous, I think of Bogleheads is more like a Toyota Corolla convention, lol.
Broad based index fund based portfolios are work trucks. Not flashy, but they haul the load.
by David Jay
Tue May 19, 2020 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Another Round Retirement Plan
Replies: 29
Views: 2101

Re: Another Round Retirement Plan

Sure, if the pension has no COLA, calculate a reasonable figure for that. So you would like to spend $64K and you only have $60K. That's a lot more manageable than the original 94K to 79K delta. There is a much better way to make up for a shortfall than the 4% rule. Spend some portfolio money on ex...
by David Jay
Tue May 19, 2020 8:14 pm
Forum: Investing - Theory, News & General
Topic: Best Overall Online Brokerage Account
Replies: 31
Views: 2033

Re: Best Overall Online Brokerage Account

Sorry looks like I posted to the wrong forum. I am sure some folks here spend time researching and analyzing individual stocks, but it is kind of like going to an F-150 meet-up to get suggestions for your new Mustang build. There is some crossover and you might get some useful hints, but a Mustang ...
by David Jay
Tue May 19, 2020 8:10 pm
Forum: Personal Investments
Topic: Open Social Security strategy results question
Replies: 55
Views: 3690

Re: Open Social Security strategy results question

OpenSocialSecurity is a wonderful tool. Everyone should run sensitivity analyses on the various age(s) of retirement(s) and see what the difference is. As a single, maxed-out for many of my 35+ contribution years person, I found that the optimal claiming age was very close to either extreme (age 62...
by David Jay
Tue May 19, 2020 7:54 pm
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 133
Views: 9964

Re: What single individual stock would you buy?

SteadyOne wrote:
Sun May 17, 2020 7:21 pm
PoultryMan wrote:
Wed Apr 15, 2020 8:09 am
Boeing. there is ZERO chance the govt allows it to fail.
In the same way as General Motors?
GM was not a major defense contractor at the time.
by David Jay
Tue May 19, 2020 7:43 pm
Forum: Investing - Theory, News & General
Topic: Best Overall Online Brokerage Account
Replies: 31
Views: 2033

Re: Best Overall Online Brokerage Account

Currently I use Merill Edge but find its user interface to be outdated, slow and has weak educational/investing tools. However, I do enjoy the benefits from Preferred Rewards and like that I'm able to view all my accounts (BofA checking, CMA Brokerage, IRA and Roth IRA) all in one place. I'm probab...
by David Jay
Tue May 19, 2020 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Another Round Retirement Plan
Replies: 29
Views: 2101

Re: Another Round Retirement Plan

You are increasing your expenses at a 3% rate but your income by only 2% - that pretty much guarantees a retirement shortfall. May I suggest using all real (equivalent buying power as today) dollars, it makes things so much easier, as follows: EXPENSES Living expenses; this will be expenses as if w...
by David Jay
Tue May 19, 2020 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Another Round Retirement Plan
Replies: 29
Views: 2101

Re: Another Round Retirement Plan

You are increasing your expenses at a 3% rate but your income by only 2% - that pretty much guarantees a retirement shortfall. May I suggest using all real (equivalent buying power as today) dollars, it makes things so much easier, as follows: EXPENSES Living expenses; this will be expenses as if we...
by David Jay
Tue May 19, 2020 2:41 pm
Forum: Personal Investments
Topic: ETF versus MF
Replies: 29
Views: 1510

Re: ETF versus MF

Mutual funds are purchased in "dollars and cents" quantities. ETFs are purchased in "shares" quantities.
by David Jay
Tue May 19, 2020 2:38 pm
Forum: Investing - Theory, News & General
Topic: Investing is like a birthday cake
Replies: 6
Views: 929

Re: Investing is like a birthday cake

Hey, who's that young guy pictured in the article?
by David Jay
Tue May 19, 2020 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: SS claiming strategy when younger spouse is higher earner
Replies: 12
Views: 725

Re: SS claiming strategy when younger spouse is higher earner

Megamill wrote:
Tue May 19, 2020 2:06 pm
Any bh's care to advise on when best to claim ss when the younger spouse is the higher earner?
use opensocialsecurity.com

It was developed by our own "ObliviousInvestor", who is a CPA.
by David Jay
Tue May 19, 2020 11:45 am
Forum: Personal Finance (Not Investing)
Topic: How are we doing, should we change our direction?
Replies: 12
Views: 1028

Re: How are we doing, should we change our direction?

Welcome to the forum! First, based on your 20+ years to, presumably, 62, you are around 40. So an additional 20 years of maxed out 401K pension plans will give you a really nice nest egg. With (2) federal pensions, you will likely come very close to meeting living expenses, especially with a paid of...
by David Jay
Tue May 19, 2020 11:28 am
Forum: Investing - Theory, News & General
Topic: artificial intelligence ETFs
Replies: 20
Views: 1602

Re: THNQ artificial intelligence ETF

I wouldn't purchase any brand new ETF, especially from a niche player (maybe from a Vanguard or Black Rock). Follow it for a year or two, observing performance and assets-under-management. Lots of small specialty funds fold up if they don't attract enough investment. Notice that their current holdin...