Search found 1671 matches

by jhfenton
Tue Feb 21, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Have to hold bond fund in Taxable account-how to buy
Replies: 8
Views: 450

Re: Have to hold bond fund in Taxable account-how to buy

I would consider two strategies depending on my income and tax bracket: 1. I'd buy munis if in the 25% federal bracket or higher. Probably intermediate, unless Vanguard had a state-specific long-term muni fund, in which case I'd probably mix the state long-term and national limited-term funds. 2. I...
by jhfenton
Tue Feb 21, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Have to hold bond fund in Taxable account-how to buy
Replies: 8
Views: 450

Re: Have to hold bond fund in Taxable account-how to buy

I would consider two strategies depending on my income and tax bracket: 1. I'd buy munis if in the 25% federal bracket or higher. Probably intermediate, unless Vanguard had a state-specific long-term muni fund, in which case I'd probably mix the state long-term and national limited-term funds. 2. If...
by jhfenton
Mon Feb 20, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]
Replies: 22
Views: 1872

Re: Interesting Roth IRA Decision reversing Tax Court

^True, but the beneficiaries in this case were in their 20s. Point granted, though. Also, on rebuttal the plaintiffs (Summa Holdings) explicitly mentioned tIRA rollovers to IRAs (backdoors) as a way of avoiding the income maximums for contributions, so the court was aware of this when ruling. :D IA...
by jhfenton
Mon Feb 20, 2017 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]
Replies: 22
Views: 1872

Re: Interesting Roth IRA Decision reversing Tax Court

Well, it was nice while it lasted: http://rsmus.com/what-we-do/services/tax/lead-tax/tax-court-decision-on-abusive-disc-commissions-to-roth-ira-overt.html I'm confused by your post. The article you link to discusses Sutton's favorable opinion. The Sixth Circuit held that form mattered when the stat...
by jhfenton
Mon Feb 20, 2017 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Asset placement between different accounts
Replies: 18
Views: 897

Re: Asset placement between different accounts

Regardless, the conventional advice on asset placement is not based on someone with an annual income of $350,000 and relatively limited tax-advantaged space. Folks with limited tax-advantaged space need to focus on tax-efficient investing. They can use their limited tax-advantaged space for really ...
by jhfenton
Mon Feb 20, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: VBILX vs VBTLX [Vanguard Intermediate-Term vs. Total Bond]
Replies: 49
Views: 4825

Re: VBILX vs VBTLX

Struggling to decide which to partner with VTSAX (60) in a 60/40 portfolio with 10-15 year investment period. Which one of the two would you choose and why? Thanks for the advice... Mr. Flish: Bonds are primarily for safety when the total stock market (VTSAX) plunges. In the last 2008 bear market, ...
by jhfenton
Mon Feb 20, 2017 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: VBILX vs VBTLX [Vanguard Intermediate-Term vs. Total Bond]
Replies: 49
Views: 4825

Re: VBILX vs VBTLX

Either fund is great for your proposed use, but if I could only own one bond fund in that situation, it would be VBILX. VBTLX has mortgage-backeds and a few too many treasuries for it to be my choice.

(Fortunately, that is not the case.)
by jhfenton
Mon Feb 20, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Asset placement between different accounts
Replies: 18
Views: 897

Re: Asset placement between different accounts

$6,750 is family HSA. I believe jhfenton means most people can't afford to max out their tax-advantaged space, not that they choose not to. In his example, filling all his tax-advantaged space takes $53,750. Median household income in the US in 2015 was $55,775. Yes, but the audience here is not me...
by jhfenton
Mon Feb 20, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Asset placement between different accounts
Replies: 18
Views: 897

Re: Asset placement between different accounts

Your protagonist should not have set up the portfolio that way. But let's say it got there by happenstance which can happen. Seems to me it's almost inevitable, though. Quick crude model says that if I start my protagonist at 60/40, TSM in taxable, TBM in tax-advantaged, apply recent trailing rates...
by jhfenton
Mon Feb 20, 2017 6:37 pm
Forum: Personal Consumer Issues
Topic: Amazon free shipment down to $35
Replies: 14
Views: 2117

Re: Amazon free shipment down to $35

Hmm. We have Prime, so I only vaguely remember when the threshold went from $25 to $35. I had no idea that it had gone to $49. $49 was definitely too high. We place a lot of orders, a few larger (a $399 TV at Christmas), but many very small. I have a $12 order coming tomorrow that I placed yesterday...
by jhfenton
Mon Feb 20, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]
Replies: 22
Views: 1872

Re: More support for backdoor Roth?

Yes. I read Sutton's opinion last week. It is outstanding. Beyond the holding, there is some great language--it's dicta, but it's still there--for taxpayers.

Seeing as I am in the Sixth Circuit, it's particularly good news if I ever need to tax advantage of the backdoor Roth.
by jhfenton
Mon Feb 20, 2017 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]
Replies: 22
Views: 1872

Re: Interesting Roth IRA Decision reversing Tax Court

Well, it was nice while it lasted: http://rsmus.com/what-we-do/services/tax/lead-tax/tax-court-decision-on-abusive-disc-commissions-to-roth-ira-overt.html I'm confused by your post. The article you link to discusses Sutton's favorable opinion. The Sixth Circuit held that form mattered when the stat...
by jhfenton
Mon Feb 20, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6833

Re: 20% bonds: why bother at 48?

We're currently at 88/12. (I was going to follow a more traditional glide path to 60/40 at retirement at roughly 2% per year, but I was convinced by a couple of folks of the merit of a sliding scale based on portfolio value in relation to target portfolio value. That also has us at 88/12, but the a...
by jhfenton
Mon Feb 20, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6833

Re: 20% bonds: why bother at 48?

I'm only 33 and have held a 80/20 allocation for many years. It all stems from a chart posted on here which showed the higher risk factor and not proportional added gains between a 100% equity portfolio and a 80/20 portfolio. Actually the gains are almost quite literally proportional, as there is a...
by jhfenton
Mon Feb 20, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6833

Re: 20% bonds: why bother at 48?

stemikger wrote:Unfortunately, there are no right or wrong answers here, but at your age, I rather be 70/30 or even 60/40.

I agree that a lot of it boils down to personal risk tolerance. Even at 47, I'm not sure I could sleep with a 60/40 portfolio. And I'd very unhappy with a 70/30 portfolio. 88/12 feels right.
by jhfenton
Mon Feb 20, 2017 7:41 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6833

Re: 20% bonds: why bother at 48?

When folks under 40 ask the question, I'm often in agreement. We were 100% equities for 20 years, until 18-24 months ago at age 45. But when it soaked it that we might consider retiring as early as 57--when our younger child should graduate from college--I decided it was time to start adding fixed i...
by jhfenton
Sun Feb 19, 2017 4:36 pm
Forum: Investing - Theory, News & General
Topic: VGK, VPL, VWO, & VSS vs VXUS?
Replies: 9
Views: 836

Re: VGK, VPL, VWO, & VSS vs VXUS?

I use VEA (Developed all-cap), VWO (Emerging all-cap), and VSS (ex-US small/mid-cap). To be accurate, I mostly use the Admiral shares of VEA (VTMGX) and VWO (VEMAX). I've considered splitting VEA into VGK and VPL. I can agree with the argument in favor of doing that. But it's one level of complexity...
by jhfenton
Sat Feb 18, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is Your Asset Allocation Reading Accurate?
Replies: 4
Views: 506

Re: Is Your Asset Allocation Reading Accurate?

The Vanguard account overview is essentially useless in assessing overall portfolio composition. It ignores international funds in its style and size analysis. It lumps most non-Vanguard funds 100% into a single box. It lumps individual bonds and CDs into Unclassifiable. M* portfolio x-ray improves ...
by jhfenton
Sat Feb 18, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Free morningstar x-ray tool erratic . . .
Replies: 4
Views: 251

Re: Free morningstar x-ray tool erratic . . .

M* was having issues with the premium X-ray tool this week too. It seems to be working now, but there were complaints on the M* forum earlier this week. At one point it was giving all zeros. At another point, the expense ratio information was all two years' old. And the stock intersection tool was b...
by jhfenton
Fri Feb 17, 2017 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: converting Vanguard Total Stock Fund to ETF
Replies: 18
Views: 1382

Re: converting Vanguard Total Stock Fund to ETF

Can I sell the partial share back to Vanguard and if so is that a taxable event in this taxable account? I have multiple lots but I have not sold any shares since I started buying so can I change from specific id to average and have only one possibly partial share? Once you convert to ETF, you will...
by jhfenton
Fri Feb 17, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3946

Re: Vanguard Web Site Down?

Hayden wrote:I can't even get to the homepage

It is fully functional for me now.
by jhfenton
Fri Feb 17, 2017 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Really Vanguard? 48 Cents?!
Replies: 40
Views: 4725

Re: Really Vanguard? 48 Cents?!

While I am happy that people are contributing to their IRAs and making sure it happens, I am actually surprised by how many posters are using periodic contributions. I always do just one contribution at the max for the year and thought the automatic contributions were the minority. I'm glad to hear...
by jhfenton
Fri Feb 17, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3946

Re: Vanguard Web Site Down?

DEZ1 wrote:its you, i just got on, no problems

Now, it is working. It was down completely. And then trading was down.

But I just placed an ETF order.
by jhfenton
Fri Feb 17, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3946

Re: Vanguard Web Site Down?

I am trying to buy a Vanguard ETF online and getting the following message: Frustrating. Orders can't be placed online at this time. We apologize for the inconvenience. If you'd like to place a trade during regular market hours, call us at 800-992-8327.    I am still getting that message as well, o...
by jhfenton
Fri Feb 17, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3946

Re: Vanguard Web Site Down?

Personally I have no issue using Vanguard and Tsy Direct (which is also bad tech but cheap investing costs - none), for my long term investments. I don't need to check on the value of my IRA nor savings bonds daily, and even my taxable accounts, I don't use for daily spending nor would I day trade....
by jhfenton
Fri Feb 17, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3946

Re: Vanguard Web Site Down?

indexfundfan wrote:Just placed a trade. It's working for me now.

Not for me. I went out and went back in, and I still can't buy an ETF.
by jhfenton
Fri Feb 17, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3946

Re: Vanguard Web Site Down?

I can log in, but trying to place an ETF buy, it says that orders cannot be placed online at this time.

Edited: The app doesn't work either. Same message.
by jhfenton
Fri Feb 17, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3946

Re: Vanguard Web Site Down?

ResearchMed wrote:Also can't get in.

However, oddly, "is it down" shows the Vanguard site is *up*.
Haven't seen that happen before (showing "up" when can't get in).

RM

Vanguard's front page is up. It's the back-end account pages that are down. That probably throws off Is It Down?
by jhfenton
Fri Feb 17, 2017 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Really Vanguard? 48 Cents?!
Replies: 40
Views: 4725

Re: Really Vanguard? 48 Cents?!

This past January I contributed $5,500 to my money market account and from there invested in a few different mutual funds and ETFs. In the process I received a $0.03 dividend while some of that money waited in the money market fund. I thought I would make an attempt to invest that $0.03 into my Tot...
by jhfenton
Thu Feb 16, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Upgraded Vanguard Brokerage Account
Replies: 5
Views: 576

Re: Upgraded Vanguard Brokerage Account

The biggest advantage is being able to sell an ETF (or stock) and use the proceeds to buy a Vanguard mutual fund on the same day. You don't have to wait 3 days for the trade to settle and a 4th day for the cash to transfer to your mutual fund money market account. (You can, of course, go the other d...
by jhfenton
Thu Feb 16, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: converting Vanguard Total Stock Fund to ETF
Replies: 18
Views: 1382

Re: converting Vanguard Total Stock Fund to ETF

I'm going to assume that you're using specific identification. Let's say that on a date in the past you bought $1,000 of VTSAX at a price of $50.00 per share. You have a tax lot of 20.000 shares of VTSAX at $1,000. As of close today, that lot of 20.000 shares is worth $1178.80 But let's say that ear...
by jhfenton
Thu Feb 16, 2017 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?
Replies: 60
Views: 3259

Re: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?

Alrighty, so if I tidy things up a bit and try to stay consistent with the funds, how does this summary table look (will pick exact funds for unlisted cap specifications)? I thought it made sense to balance small-cap value and blend within each account since they have different horizons, but I wasn...
by jhfenton
Thu Feb 16, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help with decision on Fidelity 401k
Replies: 10
Views: 555

Re: Help with decision on Fidelity 401k

When I've rolled money over this way and needed to take a check, the check was not made out to me personally, but (in the case of transferring to Vanguard) to "VFTC fbo Whakamole" (VFTC = Vanguard Fiduciary Trust Company.) I could not cash the check even if I wanted to. I did this a numbe...
by jhfenton
Thu Feb 16, 2017 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help with decision on Fidelity 401k
Replies: 10
Views: 555

Re: Help with decision on Fidelity 401k

It is not unusual. A lot of 401(k) plans will not do electronic rollovers. And in those cases, it's not unusual for the one exception to be themselves. (Surprise!) I would definitely do an electronic rollover to a Fidelity IRA and then get myself back in the market using ETFs, decide whether (1) you...
by jhfenton
Thu Feb 16, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Is 30% stock enough to keep up with (or beat) inflation?
Replies: 39
Views: 3298

Re: Is 30% stock enough to keep up with (or beat) inflation?

I wouldn't go below 25%. I'm not retired, but I'm probably financially independent. I doubt I'll ever go below 50% equity, but we'll see. I may feel differently at 60-70, but I suspect I'll just annuitize some money and still keep plenty of equity. I feel the same way, except that I'd put the floor...
by jhfenton
Thu Feb 16, 2017 12:50 pm
Forum: Personal Consumer Issues
Topic: Cable and Internet
Replies: 52
Views: 6036

Re: Cable and Internet

And Comcast owns some of the largest local stations! And don't forget, they are getting some of those programming fees too other than the delivery fees. Well, the question is whether they own any of your local stations. They own about a dozen NBC stations in large markets and a somewhat larger numb...
by jhfenton
Thu Feb 16, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: Convince Wife for Honda Odyssey
Replies: 48
Views: 2771

Re: Convince Wife for Honda Odyssey

Why convince her? If she doesn't like it she doesn't like it. There are pros and cons for SUVS and minivans, let her decide what's more important. My wife sounds exactly like her. She got a Pilot and loves it and will drive it for the next 10-15 years and not say a word about another vehicle. Why c...
by jhfenton
Thu Feb 16, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: M* and Vanguard ER Discrepancy
Replies: 3
Views: 166

Re: M* and Vanguard ER Discrepancy

Vanguard lists VBMFX at 16 bps . I'm not sure where you are seeing 20 bps. In the case of VTIAX, M* is listing the upcoming expense ratio as found in the recent annual report published for VTIAX. Vanguard will update the official ER to 11 bps when the new prospectus comes out in a couple of weeks. M...
by jhfenton
Thu Feb 16, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: Cable and Internet
Replies: 52
Views: 6036

Re: Cable and Internet

I agree with your frustration with Comcast. After they added $7/month to my bill for local broadcasting I decided to cut as many ties with them as possible. How can they charge me for broadcasting free local channels? Because the local stations charge them for rebroadcasting their feeds. And it pro...
by jhfenton
Thu Feb 16, 2017 8:55 am
Forum: Investing - Help with Personal Investments
Topic: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?
Replies: 60
Views: 3259

Re: New to investing (25 yr/old). Diverse Vanguard Portfolio? Overlaps I am missing?

I slice and dice myself, but that's a bit too much complexity and overlap for my taste. I limit myself to one fund per asset class if at all possible. I'd move all of the small value into the Roth because it's not as tax-efficient. Maybe the international too just to keep the taxable account simpler...
by jhfenton
Thu Feb 16, 2017 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Why am I not tracking my indices?
Replies: 16
Views: 745

Re: Why am I not tracking my indices?

I don't know whether your IRR calculation is correct, but it's quite possible if you're still in accumulation mode that the difference is due to the timing of cash flows. If your starting balance is $100,000 and you contribute $26,000 evenly throughout the year, your personal return on the $100,000 ...
by jhfenton
Thu Feb 16, 2017 7:59 am
Forum: Investing - Theory, News & General
Topic: How to find the share price history of a fund?
Replies: 11
Views: 658

Re: How to find the share price history of a fund?

Do you mean like this: https://finance.yahoo.com/quote/VTSAX/history?ltr=1 Thanks "TareNeko" That's exactly what I was looking for. Is that data available on Morningstar or on the Vanguard Web Site? Thanks again, j . . . . "neko. . " cat? On the Vanguard fund profile page, selec...
by jhfenton
Wed Feb 15, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Is VTIVX safe?
Replies: 21
Views: 10620

Re: Is VTIVX safe?

I am pretty new at "investing" and I have put a substantial amount on VTIVX (Target Retirement 2045), and I have already lost probably 15% - 20% of what I have put in. I will admit it is highly stressful, and I have thought of selling, but I do know the buy and hold mantra that is preache...
by jhfenton
Wed Feb 15, 2017 12:44 pm
Forum: Investing - Theory, News & General
Topic: The VIX [Volatility index]
Replies: 3
Views: 297

Re: The VIX

A low VIX means that SPX (S&P 500 options) are cheap, meaning that expected volatility for the next month is low. It tends to be the case that a low VIX implies a rising market, but you could have a market that is rising erratically with a somewhat higher VIX. The expected volatility would lead ...
by jhfenton
Wed Feb 15, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: The VIX [Volatility index]
Replies: 3
Views: 297

Re: The VIX

The VIX is still very low in absolute terms, and I don't find it surprising that traders would price in a bit of volatility after what looks to be a 6th straight day of market gains and 5th straight day of record highs (based on my global portfolio).
by jhfenton
Wed Feb 15, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: VYM vs. VTV ... Looking for a Large Cap Value ETF
Replies: 6
Views: 470

Re: VYM vs. VTV ... Looking for a Large Cap Value ETF

I'd prefer VTV to VYM, but I'm not a fan of either as a large value fund. If I had to buy a large value ETF, I'd look at VLUE (iShares MSCI USA Value). It is a sector-neutral deep value fund. I used to have some, before my growing 401(k) balance and HSA balance and their limited investment options f...
by jhfenton
Wed Feb 15, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Callable brokered CDs?
Replies: 3
Views: 361

Re: Callable brokered CDs?

They're usually a bad idea because of the heads-I-lose-tails-you-win problem Call_Me_Op cites. But I did buy a small lot of one 2/2015 to 02/2021 secondary-market callable step coupon CD last October. It was priced well below par, such that it was really a heads-I-win-tails-I-win-more situation. The...
by jhfenton
Tue Feb 14, 2017 9:02 pm
Forum: Investing - Theory, News & General
Topic: Why Bull and Bear?
Replies: 11
Views: 960

Re: Why Bull and Bear?

BogleMelon wrote:I meant Bull. English is my second language :happy

:sharebeer No worries. One of my life ambitions is to butcher as many languages as possible.
by jhfenton
Tue Feb 14, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: Why Bull and Bear?
Replies: 11
Views: 960

Re: Why Pull and Bear?

What is a Pull? :beer

(I don't know the origin of "bull" and "bear" without Googling it.)
by jhfenton
Tue Feb 14, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Scary bed bug addendum on lease - should I walk away?
Replies: 27
Views: 2741

Re: Scary bed bug addendum on lease - should I walk away?

I would demand deposit back and not lose it. Or they can change the lease to something less onerous. Despite that agent saying the lease is not modifiable, I would not believe that. +1 If you haven't signed the least yet, you should absolutely demand and receive your deposit back. And there is no w...

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