Search found 150 matches

by indexlover
Sat May 30, 2020 9:34 pm
Forum: Personal Investments
Topic: [Which bond fund for a taxable account?]
Replies: 12
Views: 764

Re: Bond Funds To Use in Taxable Portfolio

We have some Intermediate Term Tax Exempt Bond Fund (VWIUX) in our Taxable, but when I calculate the Taxable equivalent, by dividing the yield by (100-22=) 78, I am getting slightly ahead with a taxable Bond Fund. VWIUX = 30 Day SEC Yield is 1.71 VBTLX = 30 day SEC yield is 1.45 TEY = SEC yield / (...
by indexlover
Mon May 25, 2020 10:37 am
Forum: Personal Investments
Topic: SEPP calculation - Fixed annuitization Method - annuity factor ?
Replies: 7
Views: 362

Re: SEPP calculation - Fixed annuitization Method - annuity factor ?

As an academic exercise, I tried to do the same calculations in the current rate environment and this what i got for the same situation: (I wish i knew how the annuity factor is calculated which was my question in OP) 120% of the applicable federal mid-term rate for June 2020: 0.22% https://www.irs....
by indexlover
Mon May 25, 2020 9:04 am
Forum: Personal Investments
Topic: SEPP calculation - Fixed annuitization Method - annuity factor ?
Replies: 7
Views: 362

SEPP calculation - Fixed annuitization Method - annuity factor ?

Does anyone know how the Fixed Annuitization Method annuity factor is calculated? I am looking for a formula that references the Appendix B Mortality table ? I am not good with math , please explain like i am 6 year old or something. :-) Thank you In this example below , for a 50 year , i see Qx = 0...
by indexlover
Sat May 16, 2020 11:53 pm
Forum: Personal Investments
Topic: Is QQQ (Nasdaq100) better reflective of new economy
Replies: 60
Views: 3845

Re: Is QQQ (Nasdaq100) better reflective of new economy

As of 5/15: QQQ has 45.75% weighting in the following 5 stocks MSFT (11.83%) , AAPL (11.43%), AMZN (10.19%), FB (4.31), GOOGL (4.01), GOOG (3.98) = 45.75% https://www.invesco.com/us/financial-products/etfs/product-detail?productId=qqq As of 4/30: VOO has 20.2% weighting in the following 5 stocks MSF...
by indexlover
Mon May 11, 2020 5:37 pm
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 213
Views: 10144

Re: Paul Tudor: Compelling case for bitcoin ?

gwe67 wrote:
Mon May 11, 2020 1:39 pm
I think if OP really believes any of this, then he/she should change usernames.
LOL. I am a 3 fund index guy. The pdf is a very interesting read for sure but I don't agree with his conclusions just like Nisiprius.
by indexlover
Mon May 11, 2020 12:35 pm
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 213
Views: 10144

Paul Tudor: Compelling case for bitcoin ?

Have you seen this article by Paul Tudor ? https://www.docdroid.net/2nTB6aY/may-2020-bvi-letter-macro-outlook-pdf "The most compelling argument for owning Bitcoin is the coming digitization of currency everywhere, accelerated by COVID-19. Bull markets are built on an ever-expanding universe of buyer...
by indexlover
Tue Apr 07, 2020 6:58 pm
Forum: Investing - Theory, News & General
Topic: What's happening with Muni Money Market fund yields?
Replies: 141
Views: 12842

Re: What's happening with Muni Money Market fund yields?

I noticed that as of 4/6/2020, VMSXX SEC yield is 1.79% and for VMFXX, it is 0.62% , so even at 10% tax rate , VMSXX is better since TEY is higher ?
by indexlover
Tue Apr 07, 2020 4:24 pm
Forum: Personal Investments
Topic: If VTI is more diversified than VOO, why is it more down?
Replies: 41
Views: 3629

Re: If VTI is more diversified than VOO, why is it more down?

Jack Bogle had something to say about this exactly 10 years ago after Allan Roth recommended a Total Stock Market Fund over the SP500. Roth, the Bogleheads, and even Vanguard itself have since moved away from the SP500 towards the total market. They should have listened to Jack 10 years ago - they'...
by indexlover
Sun Mar 29, 2020 9:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 455
Views: 76231

Re: Vanguard Municipal Money Market VMSXX 1.39%

Thank you Kevin for your continued invaluable contribution to this thread and thank you for responding to my query. I did some googling and looks like at least 10% of a money market mutual fund’s total assets must qualify as daily liquid assets. I found this information in this link : https://www.fi...
by indexlover
Sun Mar 29, 2020 3:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 455
Views: 76231

Re: Vanguard Municipal Money Market VMSXX 1.39%

2 questions if someone could explain please I went to https://investor.vanguard.com/mutual-funds/profile/portfolio/vmsxx and looked at the "Portfolio and Management" tab 1) What does it mean when Daily market value is less than $1.00 for e.g $0.9986 on March 20 ? Does it mean if i sold my 10,000 sha...
by indexlover
Thu Mar 12, 2020 9:17 pm
Forum: Personal Investments
Topic: Why did Muni funds crash today?
Replies: 17
Views: 1705

Re: Why did Muni funds crash today?

I looked at VWIUX ( Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares ) and it is down 2.40% today. Can that be characterized as a crash ? Given that VBTLX ( Vanguard Total Bond Market Index Fund Admiral Shares) is down 0.96% and is much less risky . This is not too bad. right ? Update: Adde...
by indexlover
Mon Mar 09, 2020 7:33 am
Forum: Investing - Theory, News & General
Topic: 2020 Bogleheads Conference and Survey
Replies: 81
Views: 9865

Re: 2020 Bogleheads Conference and Survey

Previous announcement dates on this forum for registration to the conference: April 11, 2019 (Investing - Theory, News & General Forum) https://www.bogleheads.org/forum/viewtopic.php?f=10&t=278477 March 06, 2018 (Investing - Theory, News & General Forum) https://www.bogleheads.org/forum/viewtopic.p...
by indexlover
Sat Mar 07, 2020 8:38 am
Forum: Investing - Theory, News & General
Topic: your thoughts on buying XOM,BP,RDS,XLE as income play
Replies: 37
Views: 3456

Re: your thoughts on buying XOM,BP,RDS,XLE as income play

Great post by Nisi as always .. This maybe dumb but i have this question i will ask this august forum .. Why can't we think of a blue chip company , for e.g XOM as a bond and consider them for their high yield given the situation today. In the long run you get back the principal ( i understand the r...
by indexlover
Sun Mar 01, 2020 12:06 pm
Forum: Investing - Theory, News & General
Topic: The Dark Side of "Stay the Course"
Replies: 202
Views: 16427

Re: The Dark Side of "Stay the Course"

The famous philosopher Mike Tyson once said "Everyone has a plan 'till they get punched in the mouth." :D
Now go have a re-look at your IPS and change your AA to fit your risk profile. cus' right now it doesn't .
by indexlover
Fri Feb 28, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2980
Views: 528518

Re: What are you up YTD? [Year To Date]

MoneyMarathon wrote:
Thu Feb 27, 2020 11:48 pm
-1.63% YTD - allocation 95% stocks, 125% bonds, -120% cash
I am not following this. Is this a joke ? :confused
by indexlover
Tue Feb 25, 2020 4:31 pm
Forum: Investing - Theory, News & General
Topic: 2020 Bogleheads Conference and Survey
Replies: 81
Views: 9865

Re: 2020 Bogleheads Conference and Survey

Previous announcement dates on this forum for registration to the conference: April 11, 2019 (Investing - Theory, News & General Forum) https://www.bogleheads.org/forum/viewtopic.php?f=10&t=278477 March 06, 2018 (Investing - Theory, News & General Forum) https://www.bogleheads.org/forum/viewtopic.ph...
by indexlover
Sun Feb 23, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: March "Bogleheads on Investing" podcast guest will be Jim Dahle, the White Coat Investor
Replies: 21
Views: 2879

Re: March "Bogleheads on Investing" podcast guest will be Jim Dahle, the White Coat Investor

Lots of HNI and high earners at WCI so he should have been asked this before .. - Thoughts about VWIUX ( Vanguard Intermediate term tax exempt Admiral shares - bond fund) in the taxable portion of the asset allocation - If you have VWIUX , what % of it should be part of the overall Fixed Income/Bond...
by indexlover
Sat Feb 01, 2020 11:32 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman is my guest on this "Bogleheads on Investing" podcast
Replies: 137
Views: 10031

Re: Paul Merriman is my guest on this "Bogleheads on Investing" podcast

I had not heard Paul before but i was thoroughly unconvinced with his 1) value, growth, large cap , mid cap, small cap "asset" class diversification 2) market timing strategy. No thanks, I will just stick my 3 fund boglehead way . I listened to this podcast very carefully to learn something but it w...
by indexlover
Mon Jan 27, 2020 8:40 pm
Forum: Personal Investments
Topic: Should I bother with tax exempt bond
Replies: 22
Views: 2387

Re: Should I bother with tax exempt bond

VTEB is cheaper and passively rather than actively managed. i had read from jhfenton's posts .. https://www.bogleheads.org/forum/viewtopic.php?t=221786#p3420380 There are inefficiencies in the thinly-traded corners of the muni bond market that cannot be exploited by a muni index fund that is requir...
by indexlover
Mon Jan 27, 2020 8:16 pm
Forum: Personal Investments
Topic: Using 100% Muni-Bonds for Bond AA?
Replies: 32
Views: 2649

Re: Using 100% Muni-Bonds for Bond AA?

I have never heard the rationale for muni's being less than 50% fixed, however. Please listen to this excellent Boglehead podcast by Rick Ferri with Allan Roth [https://bogleheads.podbean.com/e/episode-008-bogleheads-on-investing-guest-allan-roth-host-rick-ferri/] Starting at the 39 minute mark .. ...
by indexlover
Sun Jan 12, 2020 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388203

Re: Share your net worth progression

Rey wrote:
Sun Jan 12, 2020 6:56 pm
2005 - $0
2010 - $1MM
2015 - $3.5 MM
2019 - $9.5MM

In tech and 40 years old.
10MM at 48 ? Hmm. Should be 10MM in March this year. Would love to hear if you plan to make any changes to your portfolio AA and your future plans in a new post.
by indexlover
Thu Jan 02, 2020 12:24 pm
Forum: Personal Investments
Topic: Investment Portfolio without Vanguard funds
Replies: 15
Views: 1260

Re: Investment Portfolio without Vanguard funds

There is an interview posted on MorningStar website which points to VG ETF's potential tax consequences (I think I am not allowed to post website links here but please google "Should You Worry About the Tax Efficiency of Vanguard ETFs", the relevant discussion starts at 3:35). Here is a part of the...
by indexlover
Thu Jan 02, 2020 11:55 am
Forum: Personal Investments
Topic: Asset allocation question as related to portfolio size
Replies: 13
Views: 1029

Re: Asset allocation question as related to portfolio size

Phineas J. Whoopee wrote:
Thu Jan 02, 2020 11:40 am

With respect to my portfolio I regard my job as that of a risk manager, not a return maximizer.

PJW
So much wisdom in that sentence.
by indexlover
Thu Jan 02, 2020 10:11 am
Forum: Personal Investments
Topic: Asset allocation question as related to portfolio size
Replies: 13
Views: 1029

Asset allocation question as related to portfolio size

Hope this is not a dumb question .. If you have a large enough portfolio does the asset allocation % matter ? for example 20 million dollars with 90/10 allocation, then you have 2 million in Fixed income and if your yearly spend is $65,000 then you have ~30 years spending money in Fixed income alone...
by indexlover
Tue Dec 31, 2019 11:58 am
Forum: Investing - Theory, News & General
Topic: ‘It Bogles the mind’ — Where’s Jack Bogle?
Replies: 22
Views: 2279

‘It Bogles the mind’ — Where’s Jack Bogle?

Finally, someone noticed this glaring omission in the mainstream press and wrote about it. Roy is an international school teacher (based in Hong Kong) and a freelance writer. Thank you Roy Stevens. Happy New Year everyone and Happy Indexing 😄 https://medium.com/@3101roy/it-bogles-the-mind-76fc585ad627
by indexlover
Mon Dec 23, 2019 8:55 am
Forum: Personal Investments
Topic: Personal Portfolio allocation thread from Bogleheads ?
Replies: 4
Views: 302

Re: Personal Portfolio allocation thread from Bogleheads ?

Thank you very much. You are amazing ..
by indexlover
Mon Dec 23, 2019 8:49 am
Forum: Personal Investments
Topic: Personal Portfolio allocation thread from Bogleheads ?
Replies: 4
Views: 302

Re: Personal Portfolio allocation thread from Bogleheads ?

livesoft,
Thank you for your quick response. Earlier today i was looking for nisiprius's allocation and i wasn't able to find it quickly searching his posts for few pages, hence my request. I thought it would be great to find it all in one thread. Maybe i am doing this wrong ..
by indexlover
Mon Dec 23, 2019 8:38 am
Forum: Personal Investments
Topic: Personal Portfolio allocation thread from Bogleheads ?
Replies: 4
Views: 302

Personal Portfolio allocation thread from Bogleheads ?

I am a lazy guy :D I was wondering if there is a thread like the "Share your Net worth progression" https://www.bogleheads.org/forum/viewtopic.php?f=2&t=139157 thread where folks post just their portfolio and asset allocation so others can try to emulate or customize based on their needs. I would lo...
by indexlover
Tue Dec 10, 2019 8:36 am
Forum: Personal Investments
Topic: ROTH at 22% vs Tax defered
Replies: 27
Views: 3294

Re: ROTH at 22% vs Tax defered

Here is a very timely and an excellent post by WCI yesterday .. Superb read ..

https://www.whitecoatinvestor.com/super ... k-dilemma/
by indexlover
Tue Nov 26, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388203

Re: Share your net worth progression

This is a fascinating thread - can tell it's been a good run for the markets for a lot of folks (myself included). I just started tracking five years ago which was about ten years out of grad school with significant student loan debt for both me and my spouse. 1/1/14 - $995,065 1/1/15 - $1,142,264 ...
by indexlover
Sun Nov 24, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388203

Re: Share your net worth progression

Every time i feel rather proud about my net worth/2comma club status etc, i come here to this bookmarked thread to get a good dose of needed humility . Thank you for this great thread. This thread serves me very well :D
by indexlover
Sat Nov 09, 2019 5:00 pm
Forum: Personal Investments
Topic: HSA Question
Replies: 11
Views: 837

Re: 529 Question

My wife and I are on separate health insurance plans through our work and I plan to add my newborn son under my plan during upcoming open enrollment. If I do an HSA for me and my son, can I still max out out the full $7000 for a family? Since she is on her own insurance, I wasn’t sure if this would...
by indexlover
Sat Nov 09, 2019 4:49 pm
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 16254

Re: Bank of America declares 'the end of the 60-40' standard portfolio

https://www.morningstar.com/news/marketwatch/20191015474/bank-of-america-declares-the-end-of-the-60-40-standard-portfolio "The challenge for investors today is that both of those benefits from bonds, diversification and risk-reduction, seem to be weakening, and this is happening at a time when posi...
by indexlover
Tue Oct 15, 2019 3:20 pm
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 16254

Bank of America declares 'the end of the 60-40' standard portfolio

https://www.morningstar.com/news/marketwatch/20191015474/bank-of-america-declares-the-end-of-the-60-40-standard-portfolio "The challenge for investors today is that both of those benefits from bonds, diversification and risk-reduction, seem to be weakening, and this is happening at a time when posit...
by indexlover
Thu Oct 10, 2019 10:24 am
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 10822

Re: Do you carry your passport with you during international travel?

A word of caution to folks who keep their passports in the hotel Safe ( the safe with numlock/passcode in their room). Make sure to you are able to open the safe well in advance of when you are checking out to go to the airport.. because these are battery operated and if the battery is weak or has g...
by indexlover
Mon Sep 30, 2019 8:40 am
Forum: Personal Investments
Topic: Munis in Taxable or Bonds in the 401K?
Replies: 41
Views: 3180

Re: Munis in Taxable or Bonds in the 401K?

SDLinguist wrote:
Sun Sep 29, 2019 10:50 pm
The tax treatment of bonds (total bond, not tax exempt bonds) in the 401k is much better than a taxable account because the growth (interest payments) are not taxed when payed.

I didn't know this. I thought everything in 401k is taxed during withdrawal.
by indexlover
Tue Jun 18, 2019 8:38 pm
Forum: Personal Investments
Topic: How Much in Muni Funds?
Replies: 10
Views: 1749

Re: How Much in Muni Funds?

Please listen to this excellent Boglehead podcast by Rick Ferri with Allan Roth https://bogleheads.podbean.com/e/episode-008-bogleheads-on-investing-guest-allan-roth-host-rick-ferri/ Starting at the 39 minute mark .. How much % of Muni bonds in the Fixed income portion of the portfolio - Don't put m...
by indexlover
Fri Jun 07, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: Episode 010: Bogleheads on Investing - guests Debbie Fuhr and Robin Powell
Replies: 10
Views: 1952

Re: Episode 010: Bogleheads on Investing - guests Debbie Fuhr and Robin Powell

Any idea when transcript of the podcast will be made available in the future ?
by indexlover
Wed May 15, 2019 9:31 pm
Forum: Investing - Theory, News & General
Topic: Financial podcasts
Replies: 38
Views: 5755

Re: Financial podcasts

Mentioned so far: 2 Frugal Dude https://2frugaldudes.com/ The Acquirers podcast https://acquirersmultiple.com/podcast/ Afford Anything https://affordanything.com/podcast/ Animal Spirits Podcast https://podcasts.apple.com/us/podcast/animal-spirits-podcast/id1310192007?mt=2 Behind the Markets - Jeremy...
by indexlover
Mon May 06, 2019 10:33 am
Forum: Investing - Theory, News & General
Topic: This podcast includes my thoughts on the Bogleheads after Jack
Replies: 8
Views: 2111

Re: This podcast includes my thoughts on the Bogleheads after Jack

I am a huge Rick Ferri fan. Can't wait to listen to this one. Thank you for sharing.
by indexlover
Fri Apr 26, 2019 8:56 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri Podcast on Doctor Money Matters
Replies: 2
Views: 1067

Rick Ferri Podcast on Doctor Money Matters

https://www.doctormoneymatters.com/episode48/ Passive investing (just using ETFs does not mean passive investing) What to do before you do portfolio construction Portfolio construction The stages of investor education (Core4)] Darkness enlightenment Complexity Simplicity Fantastic Podcast with Rick ...
by indexlover
Fri Apr 05, 2019 8:44 pm
Forum: Investing - Theory, News & General
Topic: April "Bogleheads on Investing" podcast with special guest Allan Roth!
Replies: 18
Views: 3028

Re: April "Bogleheads on Investing" podcast with special guest Allan Roth!

Excellent. Thank you for asking the question about Municipal bonds and VWIUX. I appreciate it very much.
by indexlover
Fri Mar 29, 2019 4:51 pm
Forum: Investing - Theory, News & General
Topic: Submit questions for Allan Roth, my next "Bogleheads on Investing" podcast guest
Replies: 22
Views: 2482

Re: Submit questions for Allan Roth, my next "Bogleheads on Investing" podcast guest

Hi Rick, I know that Allan has spoken in the past about the risks of muni bonds. I would be interested in hearing from him what his concerns would be relative to someone having their entire taxable bond allocation in muni bonds - in a conservative fund such as Vanguard Intermediate-Term Tax Exempt ...
by indexlover
Mon Mar 25, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: Dividends vs Total Return
Replies: 52
Views: 5057

Re: Dividends vs Total Return

...and dividends are taxed at a higher rate than capital gains. Not if they are qualified dividends. Yes, I was not getting into all the minute details of the debate. So, some dividends are "qualified" but that's not all dividends, or even most dividends. Here is a link to the Investopedia page des...
by indexlover
Sat Mar 23, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Need Foreign Currency
Replies: 25
Views: 1564

Re: Need Foreign Currency

I use my fidelity cash management account atm card and withdraw money at the local atm when I arrive at the foreign country. Competitive exchange rates with no foreign transaction fee and they will refund you the atm fee. Charles schwab has the same product as well. I have Charles Schwab card and i...
by indexlover
Fri Mar 22, 2019 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Need Foreign Currency
Replies: 25
Views: 1564

Re: Need Foreign Currency

I use my fidelity cash management account atm card and withdraw money at the local atm when I arrive at the foreign country. Competitive exchange rates with no foreign transaction fee and they will refund you the atm fee. Charles schwab has the same product as well. I have Charles Schwab card and i...