Search found 1869 matches

by jhfenton
Tue Apr 18, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 2085

Re: $10 withdrawal by the IRS?

I have an explanation! This is the first year my teenage son filed a federal tax return, and he owed $10. I was showing him how the process worked, and must have used my bank account for the ACH withdrawal. So, nothing nefarious. It should be noted that the name associated w/ the transaction was my...
by jhfenton
Tue Apr 18, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 7631

Re: Did anything surprise you in your 2016 taxes?

Not on our federal or state. We're getting a low two-digit federal refund and a mid two-digit state refund. Our smallest combined "error" ever. Unfortunately, we have to write a check to our city for $1,000 today because one of my wife's part-year jobs last year failed to withhold any city...
by jhfenton
Mon Apr 17, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 233
Views: 24663

Re: Vanguard Customer Service

Once done, yes easy to set it and forget it with Vanguard. Unless/until the day comes when 1 spouse needs to act for the other, or a child needs to act for the surviving spouse. Then problems really begin at Vanguard. If you have full agent authorization for your spouse, the process is smooth as si...
by jhfenton
Mon Apr 17, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring a ROTH on divorce.
Replies: 5
Views: 613

Re: Transferring a ROTH on divorce.

You need to do a "transfer incident to a divorce," and, as Rupert said, you need it to be immortalized in your divorce decree or approved dissolution agreement or whatever procedure you're following in your state. If she has any employer plans, the equivalent order is called a QDRO (Qualif...
by jhfenton
Thu Apr 13, 2017 10:40 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe on Understanding Different Types of Risk
Replies: 45
Views: 5328

Re: Larry Swedroe on Understanding Different Types of Risk

I also hope that Mr. Swedroe graces us with his presence again. I'm not prepared to pay up for an advisor to get access to some of the strategies he recommends, but I agree with his general investment principles, and I always find his articles enlightening.
by jhfenton
Thu Apr 13, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe on Understanding Different Types of Risk
Replies: 45
Views: 5328

Re: Larry Swedroe on Understanding Different Types of Risk

Jiu Jitsu Fighter wrote:Good article as usual from Larry. Unfortunately, we won't be having a Q&A session with him on it.

:-(
by jhfenton
Thu Apr 13, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Lack of rigor in EdX (and other?) MOOCs?
Replies: 23
Views: 1621

Re: Lack of rigor in EdX (and other?) MOOCs?

BTW, in addition to EdX, Coursera is another consortium of well-known universities offering MOOC’s. https://www.coursera.org I completed a few four-week iOS development courses at Coursera, and I found them useful. They required a real time commitment because, in addition to viewing the video lectu...
by jhfenton
Thu Apr 13, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard login trouble? Tax season issue?
Replies: 10
Views: 757

Re: Vanguard login trouble? Tax season issue?

KATNYC wrote:Finally got it resolved, albeit late for work due to the 20-minute call.

:beer I'm glad to hear it.
by jhfenton
Thu Apr 13, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: international funds question
Replies: 15
Views: 1381

Re: international funds question

(Despite the charts, I agree with Taylor that simplicity is better). Simplicity is fine, but I definitely think there is value to be captured in splitting out emerging markets from developed markets. They perform differently enough at different times to be worth rebalancing between them. That is pr...
by jhfenton
Thu Apr 13, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: international funds question
Replies: 15
Views: 1381

Re: international funds question

The main difference between TISM and DM + EM is that since last year the EM fund has included on-shore China A shares. There are no A shares in TISM. Beyond that, there are minor differences in the indexes, and the EM fund doubles up on more stocks, holding both local shares and ADRs (e.g., #2 holdi...
by jhfenton
Thu Apr 13, 2017 8:16 am
Forum: Investing - Theory, News & General
Topic: WSJ article-Indexes Beat Stock Pickers Even Over 15 Years New data show that 82% of all U.S. funds trailed their respect
Replies: 19
Views: 3696

Re: WSJ article-Indexes Beat Stock Pickers Even Over 15 Years New data show that 82% of all U.S. funds trailed their res

dsmil wrote:That probably doesn't even count the funds that didn't last 15 years!

It does. The metric takes into account funds that were shuttered or merged away.
by jhfenton
Thu Apr 13, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard login trouble? Tax season issue?
Replies: 10
Views: 757

Re: Vanguard login trouble? Tax season issue?

No. It is not normal. I haven't tried to set up a new account, but I haven't seen any issues with the website today. I've logged on repeatedly, bought ETFs, and placed mutual fund orders. This has been an exercise in frustration. We can get into one account, online access set up on Monday & fun...
by jhfenton
Wed Apr 12, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard login trouble? Tax season issue?
Replies: 10
Views: 757

Re: Vanguard login trouble? Tax season issue?

No. It is not normal. I haven't tried to set up a new account, but I haven't seen any issues with the website today. I've logged on repeatedly, bought ETFs, and placed mutual fund orders.
by jhfenton
Wed Apr 12, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: Windows-10 "upgrade" coming April 11. What to disable?
Replies: 25
Views: 3258

Re: Windows-10 "upgrade" coming April 11. What to disable?

I updated last night. It took about 40 minutes, including the download time. It seems to handle 4K resolution better. The toolbar, window, and icon sizing is better. I had custom window/icon size settings before because the default settings weren't good at 4K, but the new version defaulted to a real...
by jhfenton
Tue Apr 11, 2017 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard Targeted Retirement Fund too risky?
Replies: 10
Views: 1290

Re: Is Vanguard Targeted Retirement Fund too risky?

The Vanguard Targeted Retirement Fund 2040 has 90% in stock and 10% in bond. While I have heard holding the bond percentage should roughly equate to your age. So for a 40 year old, is holding 90% stock too risky? No. If you're really 23 years from retirement, that's about right. As lack_ey pointed ...
by jhfenton
Tue Apr 11, 2017 1:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard leaves crumbs for active fund managers
Replies: 26
Views: 4102

Re: Vanguard leaves crumbs for active fund managers

misterno wrote:Looking at the above picture, can someone tell me why the total funds invested (blue+red) shrank so much in 2014 compared to previous years?

'The chart shows net flows (money in minus money out) not total funds invested.
by jhfenton
Tue Apr 11, 2017 8:21 am
Forum: Investing - Theory, News & General
Topic: NBC News: First Pot-Focused Fund Lets Americans Legally Invest In Hot Biz
Replies: 13
Views: 1915

Re: NBC News: First Pot-Focused Fund Lets Americans Legally Invest In Hot Biz

I know a couple folks who would never invest in an "evil tobacco company" who are anxious to invest in legal pot. :oops:

Like PJW, I'm sticking to my index funds (though not total market). When Vanguard Small Cap Value ever owns a legal pot company, then I will own a legal pot company.
by jhfenton
Mon Apr 10, 2017 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Buying CD through brokerage
Replies: 17
Views: 1282

Re: Buying CD through brokerage

2.55% may be the YTM, even it's if not the coupon. I looked earlier, and there were secondary market CDs with YTMs as high as 2.6% maturing in spring 2022. (At the highest YTMs, lot sizes may be small and odd.) I personally don't mind paying small premiums on secondary market CDs from well-rated ban...
by jhfenton
Mon Apr 10, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA - is "self" transfer possible ?
Replies: 9
Views: 485

Re: Roth IRA - is "self" transfer possible ?

In your situation, I would probably do the rollover via my bank account. Minimizing my time out of the market would my priority. I will personally never open an IRA, HSA, or taxable brokerage account anywhere until I confirm that I can transfer out in kind. Have you confirmed that you cannot initiat...
by jhfenton
Mon Apr 10, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 8983

Re: Alts:new sources of risk/return improve portfolio efficiency

Jiu Jitsu Fighter wrote:Larry is one of the greatest, if not the greatest contributor on this message board. Don't look a gift horse in the mouth.

JJF

:beer Thanks, Larry.
by jhfenton
Mon Apr 10, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: MasterCard or Visa... Or One of Each?
Replies: 22
Views: 2105

Re: MasterCard or Visa... Or One of Each?

We have three rewards cards: one Amex, one Visa, one MasterCard. As others have said, I would have at least two cards in case of card number theft or other account issues. (My wife recently regretted our not having a Citi card because she was unable to get early access to Luke Bryan tickets. So perh...
by jhfenton
Mon Apr 10, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: How long should I plan for Vanguard IRA transfer to be official
Replies: 2
Views: 262

Re: How long should I plan for Vanguard IRA transfer to be official

My IRA contributions made during trading hours via ACH pull from my bank (i.e. initiated via Vanguard) are effective immediately, with the funds being pulled from my bank account overnight.
by jhfenton
Sun Apr 09, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: "We're changing how we report costs. You still benefit."
Replies: 14
Views: 2566

Re: "We're changing how we report costs. You still benefit."

rob wrote:I find it refreshing Vanguard is wasting effort on this stuff rather then say... fixing the web-site to bring it into the 21st century :oops:

You probably don't want their marketing and compliance folks working on upgrading the web-site. :beer
by jhfenton
Sun Apr 09, 2017 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Buying high yielding Bonds 5-10%
Replies: 21
Views: 2094

Re: Buying high yielding Bonds 5-10%

High yield bonds have equity like characteristics and don't give you the diversification benefits to stocks that higher quality bonds do. In other words, high yield bonds often perform badly at the same time that stocks perform badly. Think of these as a hybrid between stocks and bonds and you won'...
by jhfenton
Sun Apr 09, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Help with bond fund choices for a 401a plan.
Replies: 12
Views: 828

Re: Help with bond fund choices for a 401a plan.

I would also use the State Aggregate Bond Index. It's a great choice. The DFA Inflation Fund is also good if you want TIPS. I wouldn't touch any of the others.
by jhfenton
Sun Apr 09, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Detailed question on Back Door Roth
Replies: 6
Views: 350

Re: Detailed question on Back Door Roth

The inherited IRA will count too for pro-rating AFAIK. And conversions are based on calendar year of conversion and year end IRA balance on 12/31 of that year so any Roth conversion in 2017 will care about IRA balances on 12/31/2017. Try practice filling out form 8606. Inherited IRAs (IRAs held as ...
by jhfenton
Sat Apr 08, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: More Zenni Optical Questions
Replies: 13
Views: 1767

Re: More Zenni Optical Questions

The pair of glasses I bought for my daughter in December were $16.11 plus shipping. It was a low-level single-vision prescription with the basic geeky but trendy frames that she wanted. Without knowing the cost-breakdown on your wife's order, I assume it's the progressive colored lenses. They may ju...
by jhfenton
Sat Apr 08, 2017 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Federal Money Market Fund
Replies: 19
Views: 4783

Re: Vanguard Federal Money Market Fund

I was just charged $118.00 for holding funds in the Vanguard Federal Money Market Fund. I will call on Monday to find out why, but I am really annoyed and feel mislead. I was forced to transfer my funds from their Prime MM account because of some regulations but was unaware of any fees. There shoul...
by jhfenton
Wed Apr 05, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: "We're changing how we report costs. You still benefit."
Replies: 14
Views: 2566

Re: "We're changing how we report costs. You still benefit."

A contrarian view: Should I care about the average cost to current investors or the average cost of what is available to me? I think straight average (the old way) better informs me of the average cost of what is available to me. (All funds are equally available. Their availability is not weighted ...
by jhfenton
Tue Apr 04, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?
Replies: 56
Views: 3799

Re: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?

We get paid out for earned, but unused PTO, but it will never amount to much since we cannot carry it over from year to year. All unused PTO expires after December 31. (We accrue it prorata on a monthly basis. So at 4 weeks vacation, I accrue 13.33 hours per month.)
by jhfenton
Tue Apr 04, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: Mechanics of selling ETF and buying the fund
Replies: 14
Views: 1160

Re: Mechanics of selling ETF and buying the fund

ETFs typically have 3 day settlement. Mutual funds have 1 day settlement. If you don't have extra cash in the account, you may have to wait until the ETF sale settles to buy the mutual fund. If your ETFs are held in taxable accounts, selling the ETF will trigger a capital gains tax event. If sell f...
by jhfenton
Sun Apr 02, 2017 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Manufactured Spending - is it illegal, or otherwise "bad?"
Replies: 71
Views: 6451

Re: Manufactured Spending - is it illegal, or otherwise "bad?"

Don't assume everyone is in your spending bracket. I wouldn't quite get to $500 on your three categories in a month (three months, yes). It's just like all the threads on this board about the Backdoor Roth: I've never come remotely close to the income limits needed to invoke it. There's nothing lik...
by jhfenton
Sun Apr 02, 2017 2:30 pm
Forum: Investing - Theory, News & General
Topic: Do Any Factor Investors Worry About Skating Where The Puck Was?
Replies: 19
Views: 1599

Re: Do Any Factor Investors Worry About Skating Where The Puck Was?

I think it's worth noting that when a portfolio diversified across sources of return underperforms, it tends to underperform by a small amount and when it outperforms, the outperformance is significant. Worry is a bit of a strong word, but there is a significant cost hurdle to overcome with tilting...
by jhfenton
Sun Apr 02, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Prime Money Market Fund vs. Federal Money Market Fund
Replies: 36
Views: 5483

Re: Prime Money Market Fund vs. Federal Money Market Fund

So, I've taken on the nuisance of ordering transfers from the money market account to an online bank account whenever the balances gets above a few thousand dollars... and the nuisance of having to transfer the money back and wait if I want to buy something. I'm still on the old platform (separate ...
by jhfenton
Sun Apr 02, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Manufactured Spending - is it illegal, or otherwise "bad?"
Replies: 71
Views: 6451

Re: Manufactured Spending - is it illegal, or otherwise "bad?"

The Capital One Quicksilver card pays a $100 bonus for $500 of purchases in the first three months. ............................. Thoughts? You have trouble charging $500 to a CC in 3 months? Seriously? Yeah, I don't get that either. We run thousands a month through our primary rewards card, virtua...
by jhfenton
Sun Apr 02, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard Core Bond Fund (VCORX) One Year on:
Replies: 58
Views: 6912

Re: Vanguard Core Bond Fund (VCORX) One Year on:

Curious. The graph on the VG site for the past year performance showed no gap between VCORX and the total bond index at the end. I just graphed it at M*. If one uses the maximum time span, the graph starts at 3/10/16 and VCORX is lagging slightly. But if one looks at the past year it is outperformi...
by jhfenton
Sat Apr 01, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard account (setup questions)
Replies: 3
Views: 420

Re: Vanguard account (setup questions)

If my wife already has a VG IRA account, can I join that under a single login? You and she can add View Access to each other online (Account Maintenance->Account Permissions->Add/Update Grantee Access). To add trading authorization or full authorization requires a paper form, witnessed, notarized, ...
by jhfenton
Thu Mar 30, 2017 7:20 am
Forum: Investing - Theory, News & General
Topic: ETF settlement
Replies: 6
Views: 779

Re: ETF settlement

For the record, Vanguard will also, on the combined brokerage platform, let you sell an ETF and buy a Vanguard mutual fund the same day, notwithstanding the difference in settlement dates. (In a margin account, you will get dinged for the two days' of float, but in a cash account, Vanguard just abs...
by jhfenton
Wed Mar 29, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Over last 6 years, has the Total Bond Market Index produced an overall slight loss?
Replies: 35
Views: 5066

Re: Over last 6 years, has the Total Bond Market Index produced an overall slight loss?

$10,000 invested in VBMFX (Total Bond Investor Shares) on 05/01/11 would be worth $11,788.24 through yesterday. (It would be $11,865.15 for VBTLX, the Admiral Shares.) I don't know what 6-year CD rates you could have found in May 2011, but I suspect you could indeed have done almost as well with CDs...
by jhfenton
Wed Mar 29, 2017 7:18 am
Forum: Investing - Theory, News & General
Topic: ETF settlement
Replies: 6
Views: 779

Re: ETF settlement

For the record, Vanguard will also, on the combined brokerage platform, let you sell an ETF and buy a Vanguard mutual fund the same day, notwithstanding the difference in settlement dates. (In a margin account, you will get dinged for the two days' of float, but in a cash account, Vanguard just abso...
by jhfenton
Wed Mar 29, 2017 5:08 am
Forum: Investing - Theory, News & General
Topic: ETF settlement
Replies: 6
Views: 779

Re: ETF settlement

Yes. The settlement dates match, so you're golden. You can do the buy and sell in either order or simultaneously.
by jhfenton
Tue Mar 28, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Daugther's Credit Card Windfall
Replies: 40
Views: 5187

Re: Daugther's Credit Card Windfall

If she won't call and report it--the right thing to do--I'd advise her to continue to use it as normal, charging the amount she can pay off every month, and set aside the money for the inevitable day they discover their mistake. Don't go on a $5,000 spending spree and wind up with a balance she can'...
by jhfenton
Tue Mar 28, 2017 9:14 am
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1613

Re: Picture / video / file backup

Have you folks with Crashplan actually tested whether or not a recovery of your files actually works? I've seen complaints about some of these backup services not working very well during a large recovery. I tested a few large files successfully. I did not test restoring multiple terabytes. I have ...
by jhfenton
Tue Mar 28, 2017 8:55 am
Forum: Personal Consumer Issues
Topic: Picture / video / file backup
Replies: 44
Views: 1613

Re: Picture / video / file backup

I also use CrashPlan as my online backup. I currently have 8.8TB backed up. http://i65.tinypic.com/2jakapl.png Upload speeds weren't fantastic. It took a bit more than 3 weeks to complete my initial upload, but I tested download speeds and they were a bit better. And it's a last resort anyway. I hav...
by jhfenton
Mon Mar 27, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Weathering sell-off days like today
Replies: 107
Views: 7120

Re: Weathering sell-off days like today

uncle otto wrote:...my portfolio went up about 10 bucks today! Woohoo!

:beer I ended up down 3 whole bp! Devastating.
by jhfenton
Mon Mar 27, 2017 7:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3589
Views: 947339

Re: U.S. stocks in freefall

After all that foofaraw this morning, my 88% equity (50/50 US/Intl) heavily-tilted portfolio ended up down 3 bp for the day. It just goes to show that you never know. I looked at the global markets this morning and the futures and expected another 1% drop. (I knew the drop in the dollar would offset...
by jhfenton
Mon Mar 27, 2017 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put small cap value fund in portfolio
Replies: 21
Views: 2010

Re: Where to put small cap value fund in portfolio

Both of our Vanguard Roths are currently 100% VTSAX. Can I exchange out of VTSAX directly into VIOV? Or do I need to exchange from VTSAX into the money market and then purchase VIOV? Since I don't have any experience with ETFs, is there a particular trading method (market, limit, etc.) that is reco...
by jhfenton
Sun Mar 26, 2017 6:03 pm
Forum: Investing - Theory, News & General
Topic: Christine Benz's Three Bucket System
Replies: 77
Views: 8526

Re: Christine Benz's Three Bucket System

My take at first glance: While I don't disagree with her bucket approach, she holds too many funds for my taste. I share her preference for 2 years of cash. I don't know her rationale for holding a balanced fund in bucket 2 nor a bond fund in bucket 3. Bucket 2 could be total bond + TIPS. Bucket 3 ...
by jhfenton
Fri Mar 24, 2017 7:23 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 92
Views: 3003

Re: can't logon to vanguard account

I can log in just fine, and the balances and holdings are correct, including last night's dividend reinvestments. But the account history is still down, with an error message in its place: "Data are temporarily unavailable. Please try again later."
by jhfenton
Fri Mar 24, 2017 6:38 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 92
Views: 3003

Re: can't logon to vanguard account

I was finally able to log on. It was slow, but it finally loaded.

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