Search found 206 matches

by booch221
Tue Aug 11, 2020 3:23 pm
Forum: Investing - Theory, News & General
Topic: What to do with significant index changes, e.g., S&P 500 adding Tesla
Replies: 200
Views: 17120

When Tesla Hits the S&P 500, It’ll Spark the Wildest Passive Trade Ever

[Thread merged into here, see below. --admin LadyGeek] Tesla would be the largest company in dollar terms ever added to the index, which managers of $11 trillion of investments either track religiously or use as a benchmark. At the current prices of Tesla and other stocks, managers of passive funds...
by booch221
Sun Jul 26, 2020 7:04 pm
Forum: Personal Investments
Topic: Vanguard Short-Term Treasury showing a negative return
Replies: 12
Views: 1351

Re: Vanguard Short-Term Treasury showing a negative return

Buy stocks This is money I'm going to need within a year for home remodeling projects. At my credit union it's earning 0.00% but that's better than paying money to keep it at Vanguard. The ER is already included in the SEC yield, so you’re not “paying” an additional 0.2% in expenses on top of the -...
by booch221
Sun Jul 26, 2020 5:14 pm
Forum: Personal Investments
Topic: Vanguard Short-Term Treasury showing a negative return
Replies: 12
Views: 1351

Re: Vanguard Short-Term Treasury showing a negative return

nix4me wrote: Sun Jul 26, 2020 4:08 pmBuy stocks
This is money I'm going to need within a year for home remodeling projects.
At my credit union it's earning 0.00% but that's better than paying money to keep it at Vanguard.
by booch221
Sun Jul 26, 2020 3:37 pm
Forum: Personal Investments
Topic: Vanguard Short-Term Treasury showing a negative return
Replies: 12
Views: 1351

Re: Vanguard Short-Term Treasury showing a negative return

livesoft wrote: Sun Jul 26, 2020 3:17 pm Bond funds often lose money, so I don't see why you haven't seen a negative return before.
I've seen the NAV drop, but I've never seen the 30-day yield go negative.
by booch221
Sun Jul 26, 2020 3:13 pm
Forum: Personal Investments
Topic: Vanguard Short-Term Treasury showing a negative return
Replies: 12
Views: 1351

Vanguard Short-Term Treasury showing a negative return

I just looked at the Vanguard Short-Term Treasury Fund VFISX and it's showing a negative return of -0.05% A.
I've never seen that before with any fund and didn't know it was possible.
Given the 0.20% expense ratio, would it be better to keep the money under my bed?
by booch221
Wed Jul 15, 2020 8:50 pm
Forum: Personal Investments
Topic: Changing AA due to health and age
Replies: 7
Views: 735

Re: Changing AA due to health and age

My pleasure. Looks like you both are in great shape. I would stay the course with your current plan, and I consider both of you very wise at 50/50 AA for the remainder of your retirement. Remember to keep expense ratios low for the funds that you select, and we recommend index funds (specifically t...
by booch221
Wed Jul 15, 2020 7:13 pm
Forum: Personal Investments
Topic: Changing AA due to health and age
Replies: 7
Views: 735

Re: Changing AA due to health and age

Sorry to hear that about his health. Will you continue to get the pension and Social Security when he’s gone? What will be your sources of income? If you have another 20 years or more to live, you might want to consider keeping half of the overall investments in equities, since 50% stocks and 50% b...
by booch221
Wed Jul 15, 2020 4:14 pm
Forum: Personal Investments
Topic: Changing AA due to health and age
Replies: 7
Views: 735

Changing AA due to health and age

My partner is 78 and in declining health from due to a number of medical issues. His current IRA asset allocation is 50/50 stocks/bonds all in index fund and totals $254K. In his taxable accounts he has about $157K in the Wellesley VWIAX and $12K in the Prime Money Market fund. So that's a total of ...
by booch221
Sat Jun 06, 2020 1:23 am
Forum: Personal Investments
Topic: Retirement income tax rate
Replies: 64
Views: 4075

Re: Retirement income tax rate

California is known as a high tax state, but it has many lower tax rungs leading to 9.3% with a very wide income range and higher. It is not so bad as Oregon. OR Tax Bracket Tax Rate $0.00+ 5% $7,100.00+ 7% $17,800.00+ 9% $250,000.00+ 9.9% But California has a 7.25% sales tax. Oregon has no sales t...
by booch221
Sat Jun 06, 2020 12:04 am
Forum: Personal Investments
Topic: Thank You Bogleheads
Replies: 13
Views: 1619

Re: Thank You Bogleheads

I felt the same. My AA is 50/50 stocks/bonds. When the covid selloff hit I thought maybe I should move to 40/60, but the stock plunge had already rebalanced my portfolio for me! So I did nothing, and once again that was the right 'move.' I think you are confusing outcome with strategy. You should r...
by booch221
Fri Jun 05, 2020 9:24 pm
Forum: Personal Investments
Topic: Thank You Bogleheads
Replies: 13
Views: 1619

Re: Thank You Bogleheads

I just wanted to thank all members here for the many constructive posts during the Covid sell off . I am retired and while I am a believer in the market I did have moments in March when I was certainly getting very nervous and beginning to look at stop loss levels. Reading the posts here and recogn...
by booch221
Fri Jun 05, 2020 9:06 pm
Forum: Personal Investments
Topic: Retirement income tax rate
Replies: 64
Views: 4075

Re: Retirement income tax rate

I should have done more Roth conversions. But I didn't have enough focus on tax life after age 70. :oops: It kind of goes against nature to incur taxes when you don't have to - that also limited my Roth conversion focus. Especially when they recommend not paying the taxes with IRA money, but from y...
by booch221
Fri Jun 05, 2020 9:02 pm
Forum: Personal Investments
Topic: Retirement income tax rate
Replies: 64
Views: 4075

Re: Retirement income tax rate

The current tax brackets expire in 2025 I was unaware of this so I googled it: While nothing is currently set to expire in 2024, December 31st, 2025, will be a significant day for most taxpayers. Twenty-three provisions from the Tax Cuts and Jobs Act directly relating to individual income taxes wil...
by booch221
Fri Jun 05, 2020 8:34 pm
Forum: Personal Investments
Topic: Retirement income tax rate
Replies: 64
Views: 4075

Re: Retirement income tax rate

When I have to start taking RMDs in five years it will push me from the 22% tax bracket into the 25%. That is not enough of a difference to get me to convert to a Roth. But when that time comes, the 22% bracket will almost certainly be the 25% bracket atain and you will then be pushed into the 28% ...
by booch221
Fri Jun 05, 2020 6:14 pm
Forum: Personal Investments
Topic: Retirement income tax rate
Replies: 64
Views: 4075

Re: Retirement income tax rate

Perhaps it only happens when people have pensions plus SS plus plus ,say, rental income? That's correct. I have all of those plus a hefty traditional IRA. When I have to start taking RMDs in five years it will push me from the 22% tax bracket into the 25%. That is not enough of a difference to get ...
by booch221
Fri Jun 05, 2020 6:09 pm
Forum: Personal Investments
Topic: 3 fund portfolio for retirees
Replies: 22
Views: 1843

Re: 3 fund portfolio for retirees

Always passive wrote: Fri Jun 05, 2020 1:22 pm Are there any examples of how to implement the 3 fund portfolio for retirees. It is obvious what to use for the stocks portion, but I suspect that the Total bond by itself cannot be adequate. Can anyone address this issue.
Are you sticking to three funds?
by booch221
Mon May 11, 2020 12:52 pm
Forum: Personal Investments
Topic: Any love for DFA?
Replies: 38
Views: 3339

Re: Any love for DFA?

I've heard on Merriman podcasts him talk about his money at DFA and to him paying a FA is worth it. To each their own. I personally don't believe that any FA is woth 1%, and I also believe that the good ones are few and far between. Way too many people don't want to bother with it and their friend ...
by booch221
Sun May 10, 2020 9:50 pm
Forum: Personal Investments
Topic: My Employer, Walmart, Is Now Offering A Roth 401k Option In 2020..
Replies: 50
Views: 3470

Re: My Employer, Walmart, Is Now Offering A Roth 401k Option In 2020..

In 2020 I'm in the 22% tax bracket.
If I were taking RMDs from my Trad IRA I would be in the 24% tax bracket.
Not a big difference.
But while I was working, I didn't qualify for anything but a Roth IRA, so that's why I invested in one.
by booch221
Sun May 10, 2020 9:30 pm
Forum: Personal Investments
Topic: Any love for DFA?
Replies: 38
Views: 3339

Re: Any love for DFA?

Well, that clarifies a bit. We hold the DFA analogs for total US market, international, and REIT, in other words, not the funds that Merriman considers superior. Merriman's statements wold suggest that to reap the DFA advantage, one needs to fully buy into the DFA theory of tilting, hold those DFA ...
by booch221
Sun May 10, 2020 7:38 pm
Forum: Personal Investments
Topic: Any love for DFA?
Replies: 38
Views: 3339

Re: Any love for DFA?

The Merriman comments are interesting. I can't quite understand it. Reviewing MStar comparisons, returns since inception (2005) seem to closely track or perhaps underperform VTSAX (depending, of course, on your entrance and exit). Then you pay an advisor 0.8-1% of your portfolio just to make annual...
by booch221
Sun May 10, 2020 5:12 pm
Forum: Personal Investments
Topic: Any love for DFA?
Replies: 38
Views: 3339

Re: Any love for DFA?

Paul Merriman has some love for DFA: I read “Live It Up Without Outliving Your Money" in 2008. You were very high on DFA. Are you still as high as you were when you wrote the book? I am even higher today than I was when I wrote “Live It Up". For Do-It-Yourself investors I am a Vanguard fan, but for ...
by booch221
Sun May 10, 2020 4:41 pm
Forum: Personal Investments
Topic: My Employer, Walmart, Is Now Offering A Roth 401k Option In 2020..
Replies: 50
Views: 3470

Re: My Employer, Walmart, Is Now Offering A Roth 401k Option In 2020..

A) If you contribute to Roth 401K, you should start a topic and we can show you why it is a mistake. I did contribute to a Roth IRA because it was the only option available to me. I also had a 401(a) and 457(b) which I rolled over into an Trad IRA when I retired. B) Do you file your own taxes? A co...
by booch221
Sun May 10, 2020 2:51 pm
Forum: Personal Investments
Topic: My Employer, Walmart, Is Now Offering A Roth 401k Option In 2020..
Replies: 50
Views: 3470

Re: My Employer, Walmart, Is Now Offering A Roth 401k Option In 2020..

KlangFool wrote: Sun May 10, 2020 9:10 am It is a trap. 90+% of folks that asked about Roth 401K should never contribute to the Roth 401K at all. You are one of them. Trad. 401K and Roth IRA is the better option.
KlangFool
Why do you say that?
by booch221
Wed Apr 29, 2020 5:23 pm
Forum: Personal Investments
Topic: Deviating from "set it and forget it" investment approach
Replies: 63
Views: 4954

Re: Deviating from "set it and forget it" investment approach

Yes, I have more than enough for my and my family's future. We spend conservatively. My only big expenditure in life will likely be large mortgage payments and college tuitions. Buying fancy things or going on fancy trips don't fit our lifestyle. When you’ve won the game, why keep playing it? https...
by booch221
Tue Apr 28, 2020 6:48 pm
Forum: Personal Investments
Topic: Parents cash at Vanguard
Replies: 29
Views: 2880

Re: Parents cash at Vanguard

Ally is paying 1.5% on cash deposits; Capital One 360 is too and paying a $500 bonus for new accounts of $50k or more. But, yeah, you'd need to open an new account and do a transfer to get these rates. Which Capital One 360 account is paying a $500 bonus for opening a new account with $50K or more?...
by booch221
Tue Apr 28, 2020 4:13 pm
Forum: Personal Investments
Topic: Parents cash at Vanguard
Replies: 29
Views: 2880

Re: Parents cash at Vanguard

Ally is paying 1.5% on cash deposits; Capital One 360 is too and paying a $500 bonus for new accounts of $50k or more. But, yeah, you'd need to open an new account and do a transfer to get these rates. Which Capital One 360 account is paying a $500 bonus for opening a new account with $50K or more?...
by booch221
Thu Apr 02, 2020 6:07 pm
Forum: Personal Investments
Topic: Vanguard's new Robo-Advisor not an ideal choice for all investors ...
Replies: 7
Views: 1184

Re: Vanguard's new Robo-Advisor not an ideal choice for all investors ...

There's a good review of Vanguard's Personal Advisor Service here: https://www.roboadvisorpros.com/vanguard-personal-advisor-services-robo-advisor-review/ Vanguard's Personal Advisor Service is really not strictly a Robo advisor, because it includes a human advisor. The fee is 0.30% on assets up to ...
by booch221
Sat Nov 02, 2019 7:38 pm
Forum: Personal Investments
Topic: Benefits of Flagship Status at Vanguard?
Replies: 65
Views: 9665

Re: Benefits of Flagship Status at Vanguard?

You'll also have access to these important benefits: Financial advice from a Certified Financial Planner™ professional through Vanguard Personal Advisor Services®. Our advisors can help you with specific investment questions or provide ongoing advisory and portfolio management services. Don't they ...
by booch221
Wed Jul 31, 2019 10:54 am
Forum: Personal Investments
Topic: Request feedback for using an annuity to reduce sequence of returns risk
Replies: 19
Views: 2382

Re: Request feedback for using an annuity to reduce sequence of returns risk

An annuity is appropriate for the last years of retirement. Only if you feel your in danger of running out of money before you die. One retirement researcher suggests a near 50/50 stock/bond allocation when starting retirement, then spending from only the bond portion until the stock funds have gro...
by booch221
Tue Jul 30, 2019 6:18 pm
Forum: Personal Investments
Topic: Request feedback for using an annuity to reduce sequence of returns risk
Replies: 19
Views: 2382

Re: Request feedback for using an annuity to reduce sequence of returns risk

Good luck in retirement. You'll find you can live on much less than you're making now.
Main reason: You don't have to save for retirement anymore.
Social Security, Medicare and pension fund contributions are no longer coming out of your paycheck, plus whatever additional you're saving on your own.
by booch221
Mon Jul 29, 2019 5:51 am
Forum: Personal Investments
Topic: Request feedback for using an annuity to reduce sequence of returns risk
Replies: 19
Views: 2382

Re: Request feedback for using an annuity to reduce sequence of returns risk

tj wrote: Mon Jul 29, 2019 2:03 am Was the annuity bought with IRA funds? Strange that is doesn't count as an end
Yes, It was bought with IRA funds.
What is an end?
by booch221
Sun Jul 28, 2019 7:22 pm
Forum: Personal Investments
Topic: Request feedback for using an annuity to reduce sequence of returns risk
Replies: 19
Views: 2382

Re: Request feedback for using an annuity to reduce sequence of returns risk

You already have two annuities (your pension and SS), you really don't need a third one. My partner (on my recommendation) bought an $10K immediate annuity with inflation adjustments. Even though he had SS and a state pension. It took 13 years to get the premium back. The distributions don't count t...
by booch221
Thu Jan 17, 2019 9:11 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 206
Views: 29633

Re: Tributes to Jack Bogle

Nice article here from Bloomberg: "In a sea of superlatives, one number stands above all others: $1 trillion. That is an estimate of how much money John Bogle, who died Wednesday at age 89, has saved investors since he started Vanguard Group more than 43 years ago." https://www.bloomberg.com/opinion...
by booch221
Mon Jul 02, 2018 11:59 am
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

My sister is in the process of transferring another $270K from American Funds to Vanguard. This will bring her Vanguard balance to a little over $1 million. Today she called them asking for help in allocating the money into her Vanguard funds once the rollover was complete. They told her they would ...
by booch221
Sat Jun 30, 2018 9:40 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

Do we know for sure that Vanguard hasn't notified anyone of these changes? Didn't a couple of the early posters say they had just gotten a notification letter? I never got notified and neither did my sister. We were completely taken by surprise when we called and were told Vanguard no longer provid...
by booch221
Sat Jun 30, 2018 2:30 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

El Greco wrote: Thu Jun 28, 2018 8:55 am My only wish is that Fidelity offered the same service with the same AUM so that all of ones money doesn't need to be in one place.
What's AUM mean?
by booch221
Fri Jun 29, 2018 9:02 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

You must be kidding me, you really think it’s a bait and switch? Did she sign a contract that said “we will give you a free update every year”? Every customer has certain expectations but that doesn’t mean they have to be met, some expectations border on the ridiculous (not saying your sisters is),...
by booch221
Fri Jun 29, 2018 6:29 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

I had my first fist Vanguard Investment Plan done in 2007*. It was an 11 page document, with following sections: Your current investment holdings Your retirement outlook Your asset allocation Evaluating risk Recommended changes to your portfolio Your repositioned portfolio A simpler alternative Gene...
by booch221
Thu Jun 28, 2018 8:17 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

Thank you Dave, I wasn't aware of this.
by booch221
Thu Jun 28, 2018 3:55 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

greg24 wrote: Thu Jun 28, 2018 2:12 pm
If you don't like the services Vanguard offers, you can move to another advisory service that will give you the advice you want.
So, people are not allowed to ask questions here without getting a dismissive answer?
by booch221
Thu Jun 28, 2018 12:47 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

Why not charge a flat fee for Vanguard PAS? As it is now, if you have a $500K portfolio you pay an additional $1,500 over the normal fund fees. If you have a $1 million you pay $3,000--twice as much. Are they really doing twice as much work to manage the larger amount? Is it twice as expensive for t...
by booch221
Thu Jun 28, 2018 12:17 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

Bingo! That's the dilemma faced by Vanguard the company in a nutshell. In order to keep costs low, and even drive them lower, they need to find a subset of investors willing to pay more for a presumed value-added service. Why drive the cost of funds so low then? Why not price them for what it costs...
by booch221
Thu Jun 28, 2018 11:28 am
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

It may well be as Rick says that rules have changed (or Vanguard's internal interpretation of those rules have changed) and they can no longer give out that kind of advice for free. I have had limited phone conversations with Vanguard, but during those that I have experienced, they have been extrem...
by booch221
Thu Jun 28, 2018 10:57 am
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

As to your original question, I'm not surprised that if you ask them for investment advice, they will urge you to be covered under their management plan. The thing is, when she rolled over her $730K in 2014, they promised her a FREE update every year because she had invested more than $500K. Now th...
by booch221
Thu Jun 28, 2018 10:35 am
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

She could exchange her 4 funds for a balanced fund: her choice of fixed (Life Strategy or Balanced Fund) or decreasing equity (Target date fund). No re-balancing, no worries! I think that's where we're headed, but there is no single fund that has a 50/50 stocks/bonds AA. In 2007 they prepared a pla...
by booch221
Wed Jun 27, 2018 9:00 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

For free advice, come here! I do! I also read Paul Merriman's articles and listen to his podcasts. My AA is 50/50 stocks bonds invested in the Total Stock Market Fund, Total International Stock Market Fund, Total Bond Market Fund, and Total International Bond Market Fund. I'm 65 and have a pension....
by booch221
Wed Jun 27, 2018 8:52 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

Just to take Vanguard's side, a $500000 three fund portfolio with no advisory service, they only make about $250 a year. If you get statements in the mail and you call them several times a year, i have to wonder how they are making money. They're the ones who keep cutting the cost of their funds an...
by booch221
Wed Jun 27, 2018 6:19 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Re: Vanguard is really pushing their Personal Adviser Service

What I’m saying is this change in attitude about the limit of “advice” they provide in a non-paying account may not be all about Vanguard, and they may be feeling the need to comply with SEC regulations like the rest of the investment Adviser industry. Rick Ferri Does the SEC tell them how much the...
by booch221
Wed Jun 27, 2018 5:52 pm
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 7292

Vanguard is really pushing their Personal Adviser Service

My sister rolled her IRA over to Vanguard in 2014, and they prepared an investment plan. Her account totals approximately $730,000 all of it in four stock and bond index funds. Her AA is 50% stocks/50% bonds. When she rolled it over they told that she could get a free portfolio checkup every year. T...
by booch221
Sun Mar 18, 2018 1:08 pm
Forum: Personal Investments
Topic: Vanguard Global Wellesley Fund Pays First Quarter Dividend
Replies: 2
Views: 1596

Vanguard Global Wellesley Fund Pays First Quarter Dividend

The Vanguard Global Wellesley Income Fund paid it's first quarter dividend on March 16. Investor Shares (VGWIX) paid a dividend of $0.09140 with a reinvest price of $19.87. The fund launched on October 18, 2017 with an initial price of $20/share. The dividend is less than what you would have receive...