Search found 46 matches

by wickywack
Thu Jul 12, 2018 9:52 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 366
Views: 20109

Re: COMING SOON: BOGLEHEADS PODCASTS

The Bogleheads Index
by wickywack
Sat Jul 07, 2018 1:20 am
Forum: Investing - Help with Personal Investments
Topic: Anyone hear of or invest in Rich Uncles?
Replies: 18
Views: 4505

Re: Anyone hear of or invest in Rich Uncles?

A thread on these guys from a few years ago:

viewtopic.php?t=175960
by wickywack
Fri Jul 06, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 12352

Re: SS taken at 62 vs. 70, but measured from 70+

Ok, so I often hear that delaying social security until 70 vs. taking it early at 62 is often the beneficial thing to do because of the pseudo ~ 8% return that you get on delayed Social Security. In my case, for me to do that, I would have to spend down my portfolio to "buy" the "age 70 SS annuity"...
by wickywack
Mon Apr 16, 2018 7:50 am
Forum: Investing - Theory, News & General
Topic: Unimpressive category averages of managed futures, multialternative, market neutral, etc.
Replies: 82
Views: 7101

Re: Unimpressive category averages of managed futures, multialternative, market neutral, etc.

This is sobering data. Do you find it sobering to realize you're insurance costs without a claim? Sorry - not following you here. I suspect all these trendy categories all had much better returns up to the point that they became trendy. I suspect betting on beta and buy-and-holding without regard t...
by wickywack
Sun Apr 15, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: Unimpressive category averages of managed futures, multialternative, market neutral, etc.
Replies: 82
Views: 7101

Re: Unimpressive category averages of managed futures, multialternative, market neutral, etc.

In some alt categories there are large differences in asset exposures and risks. We can identify based on stated fund strategies, holdings, and past performance the types of properties to expect, at least to some degree. This can tell us a little bit about forward return in the same sense as the pr...
by wickywack
Thu Apr 12, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: Unimpressive category averages of managed futures, multialternative, market neutral, etc.
Replies: 82
Views: 7101

Re: Unimpressive category averages of managed futures, multialternative, market neutral, etc.

This is sobering data. I suspect all these trendy categories all had much better returns up to the point that they became trendy.
by wickywack
Sat Feb 10, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move to a lower paying career?
Replies: 53
Views: 5753

Re: Can I afford to move to a lower paying career?

Do you expect your annual living expenses to change dramatically in Minnesota? The conventional wisdom is that you need 25x annual expenses saved to retire. You're in excellent shape given your current savings. Shifting to a lower paying job seems very reasonable if that is going to improve your qua...
by wickywack
Sat Jan 20, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data
Replies: 40
Views: 5986

Re: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data

For useful foreign travel cards, I use: Capital One Quicksilver. This is a Chip-and-Signature, no forex card with 1.5% cash back. It's my go-to card. First Tech Platinum Rewards. This is Chip-and-Pin, Pin-Preferred, no forex card. For kiosks or when you don't want to deal with signature (a lot of ve...
by wickywack
Mon Oct 16, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 4003

Re: My EJ portfolio vs my Vanguard, side by side

When I was "grading" my financial advisor, I had a record of all my deposits over the years as well my current balance. I used that to compute an XIRR in a spreadsheet. You might try that to sanity check your actual returns against your PortfolioVisualizer numbers.
by wickywack
Sun Jun 25, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio critique, bond options for taxable at Schwab, in CA?
Replies: 13
Views: 2181

Re: Portfolio critique, bond options for taxable at Schwab, in CA?

This is Schwab's list of recommended bond ETFs. Note that a number are commission free: http://www.schwab.com/public/schwab/investing/investment_help/investment_research/etf_research/etfs.html?&path=/Prospect/Research/etfs/overview/selectList.asp?symbol=undefined The treasury ETFs look excellent (st...
by wickywack
Sat Jun 17, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 95
Views: 24769

Re: Charles Schwab Checking + Brokerage Account

I asked Schwab what the difference was. I already have a brokerage account with cash management enabled. I was wondering if it's worth opening an extra checking account. Schwab's answer: The advantage of having a linked High Yield Investor Checking Account attached to the Brokerage Account is to kee...
by wickywack
Sat May 20, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Betterment
Replies: 10
Views: 3372

Re: Vanguard or Betterment

If you're only investing in tax-advantaged accounts (e.g., Roth), Betterment doesn't buy you much. If you want simple, just open an account at Vanguard and put everything in a Target Retirement fund. Given your age, you might start with the 2055 one: https://investor.vanguard.com/mutual-funds/target...
by wickywack
Tue Mar 07, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: Interesting interview with the head guy from Betterment
Replies: 19
Views: 3435

Re: Interesting interview with the head guy from Betterment

That isn't a lie. Betterment can purchase any ETF/investment in their portfolios. They are not required to purchase ETFs from any firm (Vanguard, iShares, etc.); they have complete flexibility on that. Does Vanguard or Schwab's platform have that option? I would call that fairly unique in represent...
by wickywack
Mon Mar 06, 2017 8:38 am
Forum: Investing - Theory, News & General
Topic: NY Times first in a series about 403(b)s with public K-12
Replies: 121
Views: 18879

Re: NY Times first in a series about 403(b)s with public K-12

NY Times is at it again. This time by Ron Leiber. :D The Times is on a roll to break up the annuity monopoly with public k-12 school districts. If they keep publicizing this mess, perhaps more or my colleagues, our public school teachers will finally discover that their annuity agent might not be l...
by wickywack
Tue Feb 28, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Should I shift bonds from 401k to taxable?
Replies: 6
Views: 1049

Re: Should I shift bonds from 401k to taxable?

Municipal bonds would likely make sense for you given that your marginal tax rate is north of 45%. There have been several threads here - if I recall ~28% or so is the break even point on where you come out ahead as far as after tax return. Keep in mind that munis have a somewhat different risk prof...
by wickywack
Wed Jan 04, 2017 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Downgrade to an old-style Vanguard mutual fund account?
Replies: 25
Views: 3481

Re: Downgrade to an old-style Vanguard mutual fund account?

I have the impression that they would open new accounts for you on the same platform your existing accounts are on. If you have Agent Authorization (as the parent who can transact on the minor's account), they should keep all your accounts on the same platform. I suggest you tell them you want to m...
by wickywack
Tue Jan 03, 2017 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Downgrade to an old-style Vanguard mutual fund account?
Replies: 25
Views: 3481

Re: Downgrade to an old-style Vanguard mutual fund account?

I thought the old style mutual fund accounts at VG are going permanently away anyways? Why would you want to open something or downgrade to an account that you will have to upgrade to later? Won't this just cause you more grief by having to go thru the upgrade process? I assume they'll go away once...
by wickywack
Tue Jan 03, 2017 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Downgrade to an old-style Vanguard mutual fund account?
Replies: 25
Views: 3481

Re: Downgrade to an old-style mutual fund account?

Sorry - should add that this is for Vanguard.
by wickywack
Tue Jan 03, 2017 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Downgrade to an old-style Vanguard mutual fund account?
Replies: 25
Views: 3481

Downgrade to an old-style Vanguard mutual fund account?

Has anyone been able to "downgrade" a new brokerage account to an old-style mutual fund account? Or just open a new old-style account in the first place? I have an UTMA for kid #1, and I've been able to do mobile check deposits into it. I just opened one for kid #2, but it's a new style account and ...
by wickywack
Thu Dec 01, 2016 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 107
Views: 9871

Re: Pay off mortgage?

I have a 15 year 2.5% fixed interest rate mortgage. I have the cash, and I am tempted to pay it off given that I cannot see any safe investment at a higher after tax interest rate. Is there anything I am missing? There is another thread right now on a 3.01% 7 year CD from Andrews Federal Credit Uni...
by wickywack
Wed Aug 31, 2016 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Apple free index??
Replies: 26
Views: 3241

Re: Apple free index??

If you have at least 100K, you might look at Wealthfront's direct indexing service: https://www.wealthfront.com/tax-optimized-direct-indexing They mimic the S&P 500 by directly purchasing the underlying stocks. You can set up an exclusion list to avoid stocks you don't want - Apple in this case. BTW...
by wickywack
Sun Mar 20, 2016 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Parents Prepare For Retirement
Replies: 9
Views: 1377

Re: Helping Parents Prepare For Retirement

What are the options in the current 401k? Are there good, low cost index fund choices? If so and if it is allowed, they may want to consider rolling the old 401k over into the current 401k instead of an IRA. That would allow ongoing backdoor Roth contributions in future years - if they have the cash...
by wickywack
Sun Mar 20, 2016 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: RJF to Vanguard - Selling all my Mutual Funds
Replies: 15
Views: 1766

Re: RJF to Vanguard - Selling all my Mutual Funds

I would start with Vanguard Concierge: https://investor.vanguard.com/what-we-offer/personal-services/concierge-services My parents where in a similar situation last year and ended up moving to Vanguard, liquidating, and using PAS. They've been mostly happy with it. Vanguard did most of the heavy lif...
by wickywack
Fri Jan 01, 2016 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Roll Call for Tax-Loss Harvesting Class of 2015
Replies: 62
Views: 4563

Re: Roll Call for Tax-Loss Harvesting Class of 2015

Yes - for the first time. I finally decided to diversify out of my company stock early in 2015 to VTSAX and VTIAX, but I incurred a lot of capital gains doing so. In September, I TLH'ed VTSAX to VTLCX and VTIAX to VFWAX, and in December, I went back. I cut my gains for the year in half doing so! I h...
by wickywack
Tue Oct 27, 2015 8:47 am
Forum: Investing - Theory, News & General
Topic: Richuncles.com [non-traded REIT]?
Replies: 35
Views: 12009

Re: Richuncles.com [non-traded REIT]?

The math on their page seems a bit dodgy: 7.5% (expected annual dividend) + 2% (expected annual gain) + sleight-of-hand = 12% projected annual return They have a facebook post that shows how they come up with this: https://www.facebook.com/richuncles/photos/a.235035393338448.1073741828.2329133202173...
by wickywack
Fri Sep 18, 2015 10:25 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX TLH partner: VTCLX or VLCAX. PLease vote!
Replies: 8
Views: 1066

Re: VTSAX TLH partner: VTCLX or VLCAX. PLease vote!

I have similar circumstances and TLH'ed to VTCLX a couple weeks ago. If you'll be in the top bracket for ~25 years and you're stuck with VTCLX, there's a pretty good chance you'll come out ahead after taxes anyway (even compared to VTSAX). I don't think you can go that wrong either way - I wouldn't ...
by wickywack
Tue Sep 15, 2015 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover to Roth 401k or Roth IRA?
Replies: 14
Views: 1058

Re: Rollover to Roth 401k or Roth IRA?

Alan S. wrote: Other pre tax IRAs are not a factor when the rollover is done directly from the 401k to the Roth IRA. This does not involve Form 8606.
Thanks for the correction - I did not know that.
by wickywack
Tue Sep 15, 2015 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Roth to Vanguard?
Replies: 11
Views: 1104

Re: Transferring Roth to Vanguard?

Should be $7 per trade or less depending on how much you have. I don't think so since the OP has transaction-fee mutual funds. See how Vanguard carefully hid the $35 commission? Ahh, missed that. Fees are under FundAccess here: https://personal.vanguard.com/us/whatweoffer/stocksbondscds/feescommiss...
by wickywack
Tue Sep 15, 2015 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Roth to Vanguard?
Replies: 11
Views: 1104

Re: Transferring Roth to Vanguard?

Transferring in kind is not as easy according to Vanguard but not too difficult to get the needed information from RJ, I too would like to know commissions on the sale of the old funds? I transferred my Roth in kind to Vanguard a few weeks ago. They (Vanguard Concierge) can tell you if it's possibl...
by wickywack
Tue Sep 15, 2015 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover to Roth 401k or Roth IRA?
Replies: 14
Views: 1058

Re: Rollover to Roth 401k or Roth IRA?

Do you have an existing traditional (non-Roth) IRA as well? If so, be aware of the pro rata rule:

http://www.bogleheads.org/wiki/Backdoor ... RA#Caution
by wickywack
Mon Sep 14, 2015 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio sanity check
Replies: 3
Views: 778

Re: Portfolio sanity check

Thanks for the replies! A number of Bogleheads (including me) donate highly appreciated securities to a "Donor Advised Fund" whereby you get the tax deduction this year, but you direct the DAF to pay out money to specific charities....most commonly over a period of years. Good food for thought. I ac...
by wickywack
Sun Sep 13, 2015 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: How much advisor to pay for
Replies: 19
Views: 1584

Re: How much advisor to pay for

I had a good experience transferring assets into Vanguard recently via their concierge. They really did most of the work. You might consider starting with them: https://investor.vanguard.com/what-we-offer/personal-services/concierge-services It's not clear you need PAS given your experience. If you ...
by wickywack
Sun Sep 13, 2015 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio sanity check
Replies: 3
Views: 778

Portfolio sanity check

Hi All, I’ve been following this site for several months now (thanks!). I’m in the process of consolidating our funds to Vanguard. We left an advisor about a month ago. Based on what I’ve read, I am leaning toward a much simpler portfolio starting with the core three funds plus tilts to REIT, Small-...
by wickywack
Tue Sep 08, 2015 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring to Vanguard funds w/o getting out of the market?
Replies: 7
Views: 904

Re: Transferring to Vanguard funds w/o getting out of the market?

Thanks for all the replies!

I did contact Vanguard - they confirmed that I can't exchange in one step from a non-Vanguard fund to a Vanguard one. I have to sell, wait for settlement, and then buy.

So, instead, I'm just selling in stages and not sweating the details. :-)
by wickywack
Wed Sep 02, 2015 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring to Vanguard funds w/o getting out of the market?
Replies: 7
Views: 904

Transferring to Vanguard funds w/o getting out of the market?

I recently transferred my IRA to Vanguard, funds in-kind. They've landed in a Vanguard IRA brokerage account. I'd like to just exchange them directly to Vanguard Total Market and Vanguard Total International mutual funds. The Vanguard interface only seems to let me directly exchange, e.g., a T Rowe ...
by wickywack
Wed Aug 26, 2015 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Janus Bond Fund down almost 3% yesterday
Replies: 13
Views: 2346

Re: Janus Bond Fund down almost 3% yesterday

Ugh. My former financial advisor had us in this since Nov - "Bill Gross has something to prove". I'm currently transferring it in kind over to Vanguard but it hasn't landed yet.

On the plus side, I don't have any pesky capital gains if I want to liquidate it.
by wickywack
Sat Aug 22, 2015 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: 5-Year BS/MS programs computer science
Replies: 15
Views: 1653

Re: 5-Year BS/MS programs computer science

I'm occasionally on the recruiting / hiring end of this - my 2 cents: a 5th year masters in CS rarely adds much if you've already got a 4 year BS in Computer Science from the same institution. Some cases where it can help: - If that 5th year is at what is considered a better CS school - If your unde...
by wickywack
Sun Aug 16, 2015 9:50 am
Forum: Investing - Theory, News & General
Topic: Does the Three Fund Portfolio need a roboadviser?
Replies: 92
Views: 10567

Re: Does the Three Fund Portfolio need a roboadviser?

indexonlyplease wrote:
rca1824 wrote:The best roboadvisor is a Vanguard Target Date or LifeStrategy fund.
For a tax-advantaged account, this seems like a no-brainer.

For a taxable account, I'm under the impression that Betterment/Wealthfront/... are a good deal more tax-efficient (rebalancing on deposit, TLH).
by wickywack
Sat Aug 15, 2015 4:48 pm
Forum: Investing - Theory, News & General
Topic: Does the Three Fund Portfolio need a roboadviser?
Replies: 92
Views: 10567

Re: Does the Three Fund Portfolio need a roboadviser?

To the original question, here's a maybe from someone who isn't using a robo, but is tempted for the following reasons. First, a 3 fund portfolio is often more than 3 funds when you implement it. At least, that is the case for me. My wife and I have between us, a 401k, a 403b, and a 457b. None of th...
by wickywack
Wed Aug 12, 2015 8:31 am
Forum: Investing - Theory, News & General
Topic: Does the Three Fund Portfolio need a roboadviser?
Replies: 92
Views: 10567

Re: Does the Three Fund Portfolio need a roboadviser?

But, if I'm buy-and-hold in taxable (as I suspect many 3 funders are), what do those TLH benefits actually get me besides the $3k per year income deduction? Any other TLH benefits are deferring taxes in a situation where I'm already deferring taxes (by holding), right? Also, based on the above, if ...
by wickywack
Tue Aug 11, 2015 9:50 pm
Forum: Investing - Theory, News & General
Topic: Does the Three Fund Portfolio need a roboadviser?
Replies: 92
Views: 10567

Re: Does the Three Fund Portfolio need a roboadviser?

If you are willing to put in some time and go with a 6 fund portfolio , you can get a lot of the TLH benefits on your own. If that puts you back in the black or not is hard to say. But, if I'm buy-and-hold in taxable (as I suspect many 3 funders are), what do those TLH benefits actually get me besi...
by wickywack
Tue Aug 11, 2015 8:49 pm
Forum: Investing - Theory, News & General
Topic: Does the Three Fund Portfolio need a roboadviser?
Replies: 92
Views: 10567

Re: Does the Three Fund Portfolio need a roboadviser?

You speak for me also, with a portfolio in the same vicinity. I can rebalance myself,but do it mostly with new money. The question is whether auto-TLH will be worth $8k per year for my very simple portfolio. I don't see it. Better in my pocket than theirs. If you're buy and hold in your taxable acc...
by wickywack
Sun Jul 26, 2015 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Small Value Allocation
Replies: 4
Views: 730

Re: Advice on Small Value Allocation

The brokerage account has no maintenance fee and no commissions on Vanguard funds (it managed by Vanguard). It looks like $2 per trade for non-Vanguard ETFs. If I wanted a Russell 2000 Value fund (to match the 457b), I could go with IWN - more volume, but the small commission - instead of VTWV. Woul...
by wickywack
Sun Jul 26, 2015 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Small Value Allocation
Replies: 4
Views: 730

Re: Advice on Small Value Allocation

Thanks! One general question: should I worry about rebalancing with multiple small value funds if I don't expect to keep the same ratio of each individually? Like I said, the 457b doesn't have great options for us, so I'm thinking of putting all of it into the Russell 2000 Value fund. So, we'd have ...
by wickywack
Sat Jul 25, 2015 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Small Value Allocation
Replies: 4
Views: 730

Advice on Small Value Allocation

My wife and I have decided to allocate 10% of our portfolio into small cap value. We're trying to decide which funds to use. We'd like to do this in our tax-advantaged accounts, which consist of her (government) 457b, her 403b, and my 401k. Her 457b is particularly lacking in great choices, but it d...
by wickywack
Thu Jun 11, 2015 1:27 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1594
Views: 220369

Re: QSPIX - thoughts on interesting fund

I've been reading Bill Bernstein's "Skating Where the Puck Was: The Correlation Game in a Flat World". His main theme is that financial history shows over and over again that risky assets that haven't correlated with the market at the beginning usually start to correlate strongly once they get popul...