Search found 1741 matches

by jhfenton
Mon Nov 09, 2015 1:11 pm
Forum: Investing - Theory, News & General
Topic: The 60/40 stock-and-bond portfolio mix is dead in 2016?
Replies: 34
Views: 8623

Re: The 60/40 stock-and-bond portfolio mix is dead in 2016?

I found the article shallow, but the chart showing recommended asset allocations is essentially what we're doing. We were 100% equities until this year (age 45). Now we're transitioning with (Age-45)*2% in bonds. If we don't adjust trajectory, that will put us at 60/40 at age 65, roughly our expecte...
by jhfenton
Mon Nov 09, 2015 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Income Limits
Replies: 11
Views: 1102

Re: Roth IRA Income Limits

I third retiredjg. If your income is high enough to max out two 401(k)s, then you should probably be using traditional tax-deductible 401(k)s (unless for some reason you expect your taxable income to be even higher in retirement). As retiredjg said, that might keep you eligible to directly contribut...
by jhfenton
Mon Nov 09, 2015 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Accounting for REITS and Int Bonds in AA
Replies: 5
Views: 578

Re: Accounting for REITS and Int Bonds in AA

It seems to me REITS is like a sector fund in that it is all real estate behaves differently from regular stock index holding and thus carries more risk. I want to be sure my international holding don't exceed a certain ratio, and feel I should lump bonds and stock funds together as international e...
by jhfenton
Mon Nov 09, 2015 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Police Contract Back Pay Question
Replies: 25
Views: 1837

Re: Police Contract Back Pay Question

ved wrote:Your option 2 is correct.

In 2014 - you should have been paid $84.812, but got paid $82,342. You are due $2,470
In 2015 - you should have been paid $87,357, but got paid $82,342. You are due $5,015.

So, you are due a total of $2470 + $5015 = $7,485

This is correct.
by jhfenton
Mon Nov 09, 2015 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Accounting for REITS and Int Bonds in AA
Replies: 5
Views: 578

Re: Accounting for REITS and Int Bonds in AA

I'm with the others so far. I count domestic REITs as part of my domestic equities allocation (50% of equities). In my case, that is currently 5.3% in VGSLX (Vanguard REIT Index Admiral). I also have 5.4% in VNQI (Vanguard ex-US Real Estate ETF) as part of my international equities allocation (the o...
by jhfenton
Sat Nov 07, 2015 9:35 am
Forum: Investing - Theory, News & General
Topic: Dodge & Cox International (DODFX)
Replies: 5
Views: 1488

Re: Dodge & Cox International (DODFX)

DODFX used to be our primary international fund--and did very well for us for years--but I sold off the last of it at the end of last year when I completed our move to Vanguard funds. The switch was easier for us, because it was all in tax-advantaged, and I figured it was a good time to go out with ...
by jhfenton
Fri Nov 06, 2015 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: [How long does is take for 401K payments to show up?]
Replies: 74
Views: 10955

Re: 401K Balance is ZERO!

We pay weekly but submit contributions once a month. I don't think that would pass muster if scrutinized. And as an employee, I would make sure that it was scrutinized. You wouldn't be an employee for long in my company. Well, as a corporate attorney it's actually my job as an employee to make sure...
by jhfenton
Fri Nov 06, 2015 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds, Munis, I bonds, oh my! Need advice for bonds in taxable account.
Replies: 22
Views: 3547

Re: Bonds, Munis, I bonds, oh my! Need advice for bonds in taxable account.

If you mix VWIUX and VWLUX 50/50, you would almost match the duration of VBTLX, but with more credit risk. If you went all VWIUX, you'd probably match the volatility and after-tax yield of VBTLX better. For this last sentence did you mean to say VBILX instead of VBTLX? I would expect going all VWIU...
by jhfenton
Fri Nov 06, 2015 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds, Munis, I bonds, oh my! Need advice for bonds in taxable account.
Replies: 22
Views: 3547

Re: Bonds, Munis, I bonds, oh my! Need advice for bonds in taxable account.

You could certainly swap out some of the VBILX and/or VBTLX for VWIUX (Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares) and VWLUX (Vanguard Long-Term Tax-Exempt Fund Admiral Shares) as she runs out of tax-advantaged space. I would start with the REITS, TIPS, and High Yield in tax-advantage...
by jhfenton
Fri Nov 06, 2015 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: [How long does is take for 401K payments to show up?]
Replies: 74
Views: 10955

Re: 401K Balance is ZERO!

I don't think that would pass muster if scrutinized. And as an employee, I would make sure that it was scrutinized. My 401(k) contributions are invested the day before our biweekly Friday payday. They run payroll on Wednesday and push ACH payments to bank accounts and Fidelity on Thursday. Fidelity...
by jhfenton
Fri Nov 06, 2015 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: [How long does is take for 401K payments to show up?]
Replies: 74
Views: 10955

Re: 401K Balance is ZERO!

We pay weekly but submit contributions once a month. I don't think that would pass muster if scrutinized. And as an employee, I would make sure that it was scrutinized. My 401(k) contributions are invested the day before our biweekly Friday payday. They run payroll on Wednesday and push ACH payment...
by jhfenton
Thu Nov 05, 2015 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard transaction timing question (not market timing)
Replies: 16
Views: 1457

Re: Vanguard transaction timing question (not market timing)

You guys are worried about a whole lot of nothing. It's $10,000 and 1% of that is $100. Are you losing anything missing a days work? I think more than half the days have less than 1% change. Maybe 10% of the time it's more than 2 or 3%. And a week or two is unlikely to change all that much, and we ...
by jhfenton
Thu Nov 05, 2015 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard transaction timing question (not market timing)
Replies: 16
Views: 1457

Re: Vanguard transaction timing question (not market timing)

If you are on the integrated VBS platform, there is no problem whatsoever doing what you propose. I did it 7 times last month after rolling our accounts into Vanguard. We had 7 positions in Vanguard ETFs in our accounts that we converted to Admiral Shares by selling each ETF at 3:5x and immediately...
by jhfenton
Thu Nov 05, 2015 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard transaction timing question (not market timing)
Replies: 16
Views: 1457

Re: Vanguard transaction timing question (not market timing)

If you are on the integrated VBS platform, there is no problem whatsoever doing what you propose. I did it 7 times last month after rolling our accounts into Vanguard. We had 7 positions in Vanguard ETFs in our accounts that we converted to Admiral Shares by selling each ETF at 3:5x and immediately ...
by jhfenton
Thu Nov 05, 2015 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: $0.01 check received from Vanguard for dividend payment
Replies: 26
Views: 2944

Re: $0.01 check received from Vanguard for dividend payment

This is when mobile app deposit comes in handy. I'd just snap a picture.

I suppose I would go to that trouble for $0.01, even though on a money/time basis, it wouldn't be an attractive ROI.
by jhfenton
Thu Nov 05, 2015 2:47 pm
Forum: Investing - Theory, News & General
Topic: TLHing Vanguard to a NTF Fund
Replies: 12
Views: 1151

Re: TLHing Vanguard to a NTF Fund

I haven't bought a outside mutual fund at Vanguard, but I do know that using the integrated brokerage platform you can sell an ETF and buy a Vanguard mutual fund or alternate ETF with the proceeds immediately. I did that 7 times a couple of weeks ago converting some of my ETF positions to the equiva...
by jhfenton
Mon Nov 02, 2015 6:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard: Emerging Mkts Index Funds move to transition index
Replies: 11
Views: 1822

Re: Vanguard: Emerging Mkts Index Funds move to transition index

I can live with those numbers in my VEMAX. When it gets to 40-50%, I will have to decide then. I was surprised by the Taiwan percentage. In my mind that's 45% exposure to Taiwan/China. This index is 20% of my equites or 16% of my total portfolio. In the end, that gives me about 7-8% exposure to thi...
by jhfenton
Sun Nov 01, 2015 7:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Emerging Mkts Index Funds move to transition index
Replies: 11
Views: 1822

Re: Vanguard: Emerging Mkts Index Funds move to transition index

According to the linked FTSE Index fact sheet, the top 5 countries and their weighings are: China 30% Taiwan 15% India 13% South Africa 8% Brazil 6% http://www.ftse.com/Analytics/FactSheets/Home/DownloadSingleIssue?issueName=FQEACR That's the end-game in 12 months: 30.4% China. The current index fa...
by jhfenton
Sun Nov 01, 2015 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: How Many Credit Cards Do You Have?
Replies: 91
Views: 10360

Re: How Many Credit Cards Do You Have?

We have 3 joint cards. 1 Amex, 1 MC, 1 Visa. All rewards cards.

We have two debit cards as well, but I don't ever use or carry them.
by jhfenton
Sun Nov 01, 2015 7:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Emerging Mkts Index Funds move to transition index
Replies: 11
Views: 1822

Re: Vanguard: Emerging Mkts Index Funds move to transition index

Thanks for the link. I've been waiting for that. I'm definitely happy with the gradual approach.

Now the question is when they will start the transition with the Developed Markets fund (VEA/VTMGX). I don't see a similar news release for that fund. This article just says by the end of the year.
by jhfenton
Sun Nov 01, 2015 7:10 pm
Forum: Investing - Theory, News & General
Topic: "This investment is not a mutual fund" - then what is it?
Replies: 6
Views: 968

Re: "This investment is not a mutual fund" - then what is it?

By "not a mutual fund," the disclaimer means that it's not a regulated investment company under the Investment Company Act of 1940. So it doesn't have to jump through all of the hoops required by the ICA: a public prospectus, semi-annual reports, portfolio disclosure, etc. Eliminating tho...
by jhfenton
Sun Nov 01, 2015 3:49 pm
Forum: Investing - Theory, News & General
Topic: "This investment is not a mutual fund" - then what is it?
Replies: 6
Views: 968

Re: "This investment is not a mutual fund" - then what is it?

By "not a mutual fund," the disclaimer means that it's not a regulated investment company under the Investment Company Act of 1940. So it doesn't have to jump through all of the hoops required by the ICA: a public prospectus, semi-annual reports, portfolio disclosure, etc. Eliminating thos...
by jhfenton
Sun Nov 01, 2015 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: 35+ years to retirement, are bond funds necessary right now?
Replies: 43
Views: 4543

Re: 35+ years to retirement, are bond funds necessary right now?

As long as you keep the 35 year time horizon in mind and don't get spooked and sell in a downturn, I see no issues with 100% stocks at your age (beyond an emergency fund). In our case, we just started to add bonds this year, at age 45. We'll end the year at 98%/2% (not counting checking and savings)...
by jhfenton
Sun Nov 01, 2015 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard alert [Unclaimed property notice]
Replies: 53
Views: 7848

Re: Vanguard alert [Unclaimed property notice]

Hopefully here's a screen shot of the Vanguard Alert http://tinypic.com/r/xvqjc/9 plannerman Or maybe not Don't click on that, it is something weird, not a Vanguard screenshot. It looks exactly like a normal Vanguard brokerage screenshot, including the message box (except for the content of the mes...
by jhfenton
Sun Nov 01, 2015 8:13 am
Forum: Investing - Theory, News & General
Topic: "How Muni Bonds 'Yield' 4% in a 2% world"
Replies: 5
Views: 2402

Re: "How Muni Bonds 'Yield' 4% in a 2% world"

Thanks for the tip. I'm with the muni bond manager. I had no idea that this was a common (near-universal?) practice.

(As usual, if you Google the title, you can read the article.)
by jhfenton
Sat Oct 31, 2015 10:00 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Calculated Dividend Incorrectly]
Replies: 65
Views: 4907

Re: Vanguard Intermediate-Term Investment-Grade Fund

Interesting. I was about to post a link to the same distributions page showing that the distributions aren't down compared to prior months. But it sounds like there's a discrepancy between the reported distributions and the distributions reinvested. They show as payable on 11/02/15. Do reinvested di...
by jhfenton
Sat Oct 31, 2015 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Emergency fund investing
Replies: 41
Views: 4870

Re: Emergency fund investing

First emergency fund: $1000 cash Seldom used and paid off credit card Next emergency fund: 3 months of very liquid cash in an online savings account. Seldom used and paid off credit card. Stage 3 emergency fund: 3 months of very liquid cash in an online savings account. 3-9 months of taxable accoun...
by jhfenton
Fri Oct 30, 2015 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Use Taxable account as EF
Replies: 11
Views: 762

Re: Use Taxable account as EF

I just don't see any reason to keep $50K in a savings account. That's a year of expenses returning less than inflation. I would cut that in half at least, keep $15-25K in cash, have a second tier with muni bonds and/or CDs up to your $50K threshold, and then have a third tier with your other taxable...
by jhfenton
Thu Oct 29, 2015 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency fund investing
Replies: 41
Views: 4870

Re: Emergency fund investing

I'm not a big believer in tying up assets equal to 6-12 months of expenses in a traditional cash emergency fund, especially in a two-income household. As far as I'm concerned, all of our taxable assets are our emergency fund. That includes checking, savings, and a brokerage account. The checking and...
by jhfenton
Wed Oct 28, 2015 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Transfer Bonus
Replies: 5
Views: 725

Re: IRA Transfer Bonus

Yes. A bonus paid inside an account will be treated as investment income in that account. So if it's an IRA or a Roth, there will be no taxation at the time of the bonus. If it's a taxable account, it will be reported as interest or dividend income. The bonus will not count as a contribution.
by jhfenton
Wed Oct 28, 2015 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring partial Roth amounts from TDA to Vanguard?
Replies: 7
Views: 599

Re: Transferring partial Roth amounts from TDA to Vanguard?

Just got off the phone with Ameritrade. Because I have $100k in the joint after-tax account, they will see if I can be upgraded to Apex in both after-tax and Roth accounts. The rep didn't know how I could confirm online if my accounts are on Apex. Does anyone here know? The only way I could ever te...
by jhfenton
Wed Oct 28, 2015 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Transferring partial Roth amounts from TDA to Vanguard?
Replies: 7
Views: 599

Re: Transferring partial Roth amounts from TDA to Vanguard?

According to their fee chart "Outbound partial account transfers" are "FREE" for everyone, while "Outbound full account transfers" are $75 for non-Apex and "FREE" for Apex investors. (Apex investors have $100,000 in household assets at TD Ameritrade or make a ...
by jhfenton
Wed Oct 28, 2015 10:13 am
Forum: Investing - Help with Personal Investments
Topic: How is VTIAX performing? [Vanguard Total International Stock]
Replies: 54
Views: 11701

Re: How is VTIAX performing?

While I believe that I understand and accept the investing strategy of diversification for the long-term, I noticed that VTIAX is now down -11% during the past year. How do similar international index funds compare to this performance? I'm not sure where you're getting your performance numbers. VTI...
by jhfenton
Tue Oct 27, 2015 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Noisy Article
Replies: 20
Views: 1862

Re: Noisy Article

Crashes have been predicted 10 out of the last 9 years. They're bound to be right eventually.
by jhfenton
Mon Oct 26, 2015 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Aftermath - Will this trigger a wash sale ?
Replies: 6
Views: 747

Re: TLH Aftermath - Will this trigger a wash sale ?

I am not providing legal or tax advice either, but I would not hesitate to TLH between VEU and VXUS and VEA. I do not believe any of them are substantially identical to the others. It's been cited in other threads, and I find Kitces's article incredibly unconvincing. Many completely non-identical se...
by jhfenton
Mon Oct 26, 2015 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Pay Off Debt OR Build An Emergency Fund
Replies: 18
Views: 1867

Re: Pay Off Debt OR Build An Emergency Fund

1. Pay off credit cards
2. Pay off 6.8% student loans
3. Split money between emergency savings and 1.73% student loans (and retirement savings)

At least that's what I'd do.
by jhfenton
Sun Oct 25, 2015 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Proven Non-Index Funds
Replies: 55
Views: 6292

Re: Proven Non-Index Funds

I'll third Dodge & Cox. In my active management days, I still prized low expenses and a disciplined value strategy. Dodge & Cox International did very well for me for years, almost from its inception through last year. And I still have my HSA invested in Dodge & Cox International as the ...
by jhfenton
Sun Oct 25, 2015 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Premium for 2016
Replies: 70
Views: 7824

Re: Health Insurance Premium for 2016

Our HDHP premium contribution at my publicly-traded employer sky-rocketed for next year. Last year, it was $86/month for family coverage. This year it was $104/month. Next year, it's going to be $234/month. I don't yet know what the employer share of the cost is yet. They show that on our pay stubs,...
by jhfenton
Sun Oct 25, 2015 8:09 am
Forum: Investing - Theory, News & General
Topic: Vanguard: The view from a quantitative perspective
Replies: 15
Views: 3087

Re: Vanguard: The view from a quantitative perspective

Same here. I would be very skeptical. I am a tad curious, but I would only allocate a very small percentage in this approach, probably not enough to be worth it. Good luck to them though and the people who decide to follow them :beer I hope some day to be able to put a "very small percentage&q...
by jhfenton
Sun Oct 25, 2015 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Comparision Between FUSVX and VFINX
Replies: 5
Views: 1171

Re: Dividend Comparision Between FUSVX and VFINX

You need to look at the dividends in relation to the per share price. VFINX has nearly 3x the value per share, so its dividends are proportionally higher per share for the same yield. If you have $10,000 of each, your dividends will be very close.
by jhfenton
Sat Oct 24, 2015 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: letter from vanguard
Replies: 3
Views: 1218

Re: letter from vanguard

Unless Vanguard has improved the merged product, my recollection is that the disadvantages are that you can't have dividends and gain distributions deposited directly to a checking account. And they take longer to send 1099s for the brokerage accounts. You can have distributions sent to a checking ...
by jhfenton
Sat Oct 24, 2015 8:38 am
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 77
Views: 7812

Re: P2P Lending - Anyone try it?

I considered it, but it is apparently illegal in my state :( probably for the best! It's same for me in Ohio. Both initial funding and the secondary market are illegal in Ohio. If it were legal, I would probably test it out with it a small amount of IRA money. I would probably enjoy the process. Bu...
by jhfenton
Fri Oct 23, 2015 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: At what point did you and your spouse COMBINE your finances (or did you?)
Replies: 53
Views: 4350

Re: At what point did you and your spouse COMBINE your finances (or did you?)

As soon as we got married 23 years ago, my wife added me to her existing checking account at the local credit union in Ohio. I had just closed my college account in MA, and I added her to the checking account that I opened in Durham, NC, where I was starting law school. After I graduated and we move...
by jhfenton
Thu Oct 22, 2015 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Converting Vanguard ETF shares to Admiral shares
Replies: 20
Views: 2549

Re: Converting Vanguard ETF shares to Admiral shares

Today was a good day to swap VEA and VWO for VTMGX and VEMAX. VEA closed at $38.27 against an NAV of $38.16, and VWO closed at $36.17 against an NAV of $36.00. You could see the premium all day with the VEA.IV and VWO.IV tickers. Ultimately, I was able to sell all 5 ETF positions at a premium and pl...
by jhfenton
Thu Oct 22, 2015 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Dodge and Cox DODIX vs Total Bond Fund
Replies: 4
Views: 1081

Re: Dodge and Cox DODIX vs Total Bond Fund

But over 30% of the holdings of DODIX are in the lowest credit quality still qualifying to be called "investment grade," and another 10% or more are in the upper categories of junk. Since I'm in the bonds-are-for-safety camp, this kind of portfolio just doesn't appeal to me. In a choice b...
by jhfenton
Thu Oct 22, 2015 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Dodge and Cox DODIX vs Total Bond Fund
Replies: 4
Views: 1081

Re: Dodge and Cox DODIX vs Total Bond Fund

I'm attempting to come up with a reasonable asset allocation (after being 100% in equities for most of my adult life). My old company 401k has a Intermediate Bond Fund separately managed by Dodge and Cox which does not have a ticker. However I've been told that there is a income fund that will clos...
by jhfenton
Wed Oct 21, 2015 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Converting Vanguard ETF shares to Admiral shares
Replies: 20
Views: 2549

Re: Converting Vanguard ETF shares to Admiral shares

I just wanted to confirm for future searchers, that it is indeed possible with the upgraded brokerage to "convert" from a Vanguard ETF to Vanguard mutual funds the same day. I've done it with VBR > VSIAX (Vanguard Small Cap Value Index) and VNQ > VGSLX (Vangard REIT Index) the last two day...
by jhfenton
Tue Oct 20, 2015 12:45 pm
Forum: Investing - Theory, News & General
Topic: 401k - how often do you check it?
Replies: 53
Views: 4840

Re: 401k - how often do you check it?

45 20 years to retirement I check my 401(k) every two weeks on payday Friday to confirm the details of my payroll deposit. (They transmit our payroll contributions the day before payday, and they are invested as of Thursday's closing mutual fund prices.) At my wife's former job, I would check monthl...
by jhfenton
Tue Oct 20, 2015 12:37 pm
Forum: Investing - Theory, News & General
Topic: How often to adjust personal glide path?
Replies: 42
Views: 4297

Re: How often to adjust personal glide path?

I guess I don't understand the urge for folks to do things in large chunks. Are folks not putting new money in during the last 20 years before retirement when they would be adjusting their glide path? For us, these will hopefully continue to be the highest earnings years of our lives, and our ongoi...

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