Search found 138 matches

by MittensMoney
Fri Dec 23, 2016 2:56 pm
Forum: Personal Investments
Topic: How should I treat equities when evaluating my asset allocation?
Replies: 17
Views: 1523

Re: How should I treat equities when evaluating my asset allocation?

It sounds like they are domiciled in the US. If they are blue chip stocks, count them as US Equities. And if you care for more detail, consider them Mega or Large Cap equities depending on what they are. The S&P 500 is comprised of companies that for the most part do a ton of their business internat...
by MittensMoney
Thu Dec 22, 2016 6:46 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Advisory Service is undercutting Vanguard at only 0.28% AUM not 0.30%
Replies: 10
Views: 1771

Re: Schwab Intelligent Advisory Service is undercutting Vanguard at only 0.28% AUM not 0.30%

Schwab Intelligent Portfolio's is free. Schwab Intelligent Advisory is 0.28%, for a Schwab Intelligent Portfolio + an advisor resource. Keep in mind, you get the same portfolio which includes a large cash position which drags on your performance.
by MittensMoney
Thu Dec 22, 2016 5:57 pm
Forum: Personal Investments
Topic: I need "high net worth" investing advice please
Replies: 85
Views: 24211

Re: I need "high net worth" investing advice please

If you're looking for someone to handle it for you, two best options: Vanguard Personal Advisor, and Personal Capital. Both will get you a dedicated FA, I'm not positive if VPAS qualifies as a fiduciary but as close as a broker can come to it, and PCAP is a fiduciary. They will invest for you and gu...
by MittensMoney
Wed Dec 21, 2016 5:33 pm
Forum: Personal Investments
Topic: TD ameritrade No transaction funds
Replies: 17
Views: 2170

Re: TD ameritrade No transaction funds

Double check with your employer, I think ETFs may be allowed as it would be very odd to restrict investments to ONLY mutual funds. I can see the restriction being upon individual stocks, etc..
by MittensMoney
Wed Dec 21, 2016 2:36 pm
Forum: Personal Investments
Topic: Help me get back into the market
Replies: 40
Views: 7350

Re: Help me get back into the market

It's a psychological block. Invest 8% of the total amount into the market every month for the next year, and if there happens to be a market correction between then and now go ahead and invest the entire remaining amount.
by MittensMoney
Wed Dec 21, 2016 11:37 am
Forum: Investing - Theory, News & General
Topic: Is anyone using Wealthfront?
Replies: 5
Views: 1603

Re: Is anyone using Wealthfront?

Either give them everything or give them nothing, as others have noted since they rebalance frequently so you'll encounter wash sale complications. Frankly I'd avoid it entirely unless you really don't enjoy managing your own money. There's nothing wrong with the way they do things (assuming you're ...
by MittensMoney
Thu Dec 15, 2016 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Is Financial Planning a profession? Michael Kitces says "no"
Replies: 13
Views: 1998

Re: Is Financial Planning a profession? Michael Kitces says "no"

A Certified Financial Planner (CFP) at an RIA checks all of these boxes. So, my conclusion is: Yes, financial planning is a profession. But, is everyone in the industry a professional? No.
by MittensMoney
Mon Dec 12, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: Why not own every stock sector & rebalance?
Replies: 30
Views: 3800

Re: Why not own every stock sector & rebalance?

Personally I invest in sector ETF's to add balance to VTI/VOO exposure. Most people believe market cap weighting is just fine, no issues. My preference is to add exposure to utilities, telecomm, etc., simply to capture gains in sectors that are underexposed in the common large index funds. I pay sli...
by MittensMoney
Thu Dec 08, 2016 1:15 pm
Forum: Investing - Theory, News & General
Topic: Explain why Rebalancing isn't Market Timing?
Replies: 241
Views: 13057

Re: Explain why Rebalancing isn't Market Timing?

Market timing is the strategy of making buy or sell decisions of financial assets (often stocks) by attempting to predict future market price movements. Rebalancing is making buy and sell decisions on financial assets in an attempt to maintain a specific asset allocation. Doing so on a select day of...
by MittensMoney
Tue Nov 29, 2016 4:28 pm
Forum: Personal Investments
Topic: Preliminary capital gains estimate
Replies: 10
Views: 1575

Re: Preliminary capital gains estimate

This sort of capital gain can be avoided by using ETF's rather than Mutual Funds.
by MittensMoney
Thu Nov 10, 2016 2:16 pm
Forum: Personal Investments
Topic: Betterment vs Weathfront vs Vanguard
Replies: 13
Views: 6507

Re: Betterment vs Weathfront vs Vanguard

If you're only wanting them to manage a Roth, and not a variety of accounts, I'd suggest you self-manage. All 3 of those options are going to use low cost ETFs, usually only 3-5 of them total. You can easily build the same portfolio for yourself, for free. Tax loss harvesting won't apply because it'...
by MittensMoney
Fri Sep 16, 2016 9:52 am
Forum: Investing - Theory, News & General
Topic: market timing
Replies: 41
Views: 3724

Re: market timing

You can use Dollar Cost Averaging to help yourself sleep at night. Commit to investing all of your money over a set number of months (even a dozen or more if need be). If this will help you limit your stress over the situation it will be worth it.
by MittensMoney
Tue Sep 13, 2016 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Prospective Employer Wants Salary History & Desired Salary
Replies: 265
Views: 25848

Re: Prospective Employer Wants Salary History & Desired Salary

So the employer has contacted me after the initial interview asking about my current salary and my desired salary before they commit to making an offer. I've included a link below to my previous post on the subject... which, suffice to say, I'm being significantly underpaid at the moment. What kind...
by MittensMoney
Fri Aug 26, 2016 4:27 pm
Forum: Personal Investments
Topic: Beginner to investment planning
Replies: 7
Views: 864

Re: Beginner to investment planning

This all seems very reasonable, and your options in the 401k seem decent. In your Roth, Small Caps are a good choice due to expected growth, but additionally you should see if any of the investments you'd like to hold pay a decent dividend. If you have a decent dividend paying ETF, it can be smart t...
by MittensMoney
Fri Aug 26, 2016 3:30 pm
Forum: Personal Investments
Topic: Need help allocation, or do I sign up with Personal Capital
Replies: 21
Views: 2048

Re: Need help allocation, or do I sign up with Personal Capital

It sounds like you are calling Personal Capital an active manager, which is false. It actually looks like your broad assumptions about investing, past performance, and future market conditions match theirs very closely.
by MittensMoney
Fri Aug 26, 2016 12:46 pm
Forum: Personal Investments
Topic: Need help allocation, or do I sign up with Personal Capital
Replies: 21
Views: 2048

Re: Need help allocation, or do I sign up with Personal Capital

I don't think the performance should be attributed to Personal Capital brilliance, but to the Aggressive Portfolio allocation. To be fair, I was comparing the Aggressive portfolio to an equally Aggressive Vanguard portfolio (comparably tilted towards stocks). Also, past performance is no guarantee ...
by MittensMoney
Fri Aug 26, 2016 11:43 am
Forum: Personal Investments
Topic: Need help allocation, or do I sign up with Personal Capital
Replies: 21
Views: 2048

Re: Need help allocation, or do I sign up with Personal Capital

Do you think It would be worth the extra expense that Personal Capital charges over Vanguard That's going to be a personal call and something you'll need to deliberate over. Again, Personal Capital appears to outperform Vanguard funds - net of fees - if you are in their Aggressive allocation. But a...
by MittensMoney
Fri Aug 26, 2016 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital Questions
Replies: 11
Views: 3262

Re: Personal Capital Questions

Any idea why the simulator is projecting spending so high if it is not supportable? They aren't projecting what you should spend to make your money last, that number is a projection based on what you are spending. Essentially it's doing exactly what it's designed to do, tell you if you need to chan...
by MittensMoney
Thu Aug 25, 2016 5:54 pm
Forum: Personal Investments
Topic: Need help allocation, or do I sign up with Personal Capital
Replies: 21
Views: 2048

Re: Need help allocation, or do I sign up with Personal Capital

Your situation is actually complicated enough that having a financial advisor would be worth it to simply de-stress. Personal Capital's performance in an Aggressive portfolio allocation actually beats the lazy three-fund portfolio even after fee's are subtracted, so in this instance it seems like a ...
by MittensMoney
Wed Aug 24, 2016 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital Questions
Replies: 11
Views: 3262

Re: Personal Capital Questions

Slightly clunky resolution to your problem, but as a workaround, you could delete your Ally account link, and substitute in a Manual Investment Holding and periodically update the amount of cash. A manual investment holding will factor into your Asset Allocation.
by MittensMoney
Thu Aug 18, 2016 3:48 pm
Forum: Personal Investments
Topic: Should I hire a wealth management company to manage my money?
Replies: 16
Views: 2648

Re: Should I hire a wealth management company to manage my money?

You're going to be investing a lot of money into taxable accounts, so I'd definitely suggest looking into Personal Capital. Tax loss harvesting is going to be a big benefit for someone in your situation, because you can't take advantage of tax-sheltered accounts like most of us.
by MittensMoney
Fri Aug 12, 2016 12:53 pm
Forum: Personal Investments
Topic: I am tempted to time the market
Replies: 36
Views: 3626

Re: I am tempted to time the market

The market has been on one of the longest bull runs so I am thinking I should re-balance and go into cash and/or bonds because it seems like the correction is coming any day now. Talk me out of why this doesn't make sense. Why do you think a correction is coming any day now? If your only reason is ...
by MittensMoney
Thu Aug 11, 2016 4:45 pm
Forum: Personal Investments
Topic: Total Stock Market Index
Replies: 24
Views: 4406

Re: Total Stock Market Index

You're already globally diversified with that single fund. Keep in mind that US based companies generate a lot of revenue outside of the US.
by MittensMoney
Thu Jul 21, 2016 11:40 am
Forum: Personal Investments
Topic: Where do you buy individual stocks?
Replies: 43
Views: 4119

Re: Where do you buy individual stocks?

If you are only buying stocks in a Taxable account, I 100% recommend Robinhood. It's not a super robust brokerage, but the trades are 100% free which can't be beat. I use TD Ameritrade for my ROTH IRA, I use that platform for information & insights, and then actually purchase everything (outside of ...
by MittensMoney
Tue Jul 19, 2016 5:12 pm
Forum: Personal Investments
Topic: Performance of Personal Captial (or other Robo services)
Replies: 2
Views: 611

Re: Performance of Personal Captial (or other Robo services)

Found this on their website: https://www.personalcapital.com/wealth-management/performance Not exactly what you're looking for, however the numbers must be accurate given the level of governance in this industry. Note the returns are net of fees (so before fee returns would be +0.89% I guess). One t...
by MittensMoney
Fri Jul 08, 2016 10:28 am
Forum: Investing - Theory, News & General
Topic: What Portfolio analysis tool do you use?
Replies: 22
Views: 1959

Re: What Portfolio analysis tool do you use?

I use Personal Capital to analyze my portfolio. The setup is easy if you link your accounts, or you can simply enter in each position manually.
by MittensMoney
Tue Jul 05, 2016 12:41 pm
Forum: Personal Investments
Topic: Hypothetical Betterment Stock/Bond Ratio Question
Replies: 5
Views: 1076

Re: Hypothetical Betterment Stock/Bond Ratio Question

How old are you? Do you have emergency savings (i.e. won't need to access this money til retirement)? If you have a long investment timeline and won't need to touch the money until retirement, why even consider a conservative allocation? The price for that smoother ride is extremely high. Stocks out...
by MittensMoney
Thu Jun 30, 2016 3:34 pm
Forum: Personal Investments
Topic: Please help me decide if I should dump a loser stock
Replies: 28
Views: 1843

Re: Please help me decide if I should dump a loser stock

At least you learned a lesson! However, I think you made a mistake by not holding onto the stock after making the initial mistake. Selling low and buying into bonds is exactly the type of fear-based reaction you should avoid.
by MittensMoney
Fri May 06, 2016 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Netspend 5% Saving not showing on personal capital
Replies: 8
Views: 1189

Re: Netspend 5% Saving not showing on personal capital

Netspend may not be supported by PC. Smaller, newer, or less common institutions don't always get supported because establishing and maintaining connections with each financial institution can be demanding, so they'll focus their efforts based on need. I'm waiting on Robinhood to get a connection, h...
by MittensMoney
Fri Apr 08, 2016 4:30 pm
Forum: Personal Investments
Topic: Personal Capital "Your Portfolio Is Not Well Diversified"
Replies: 13
Views: 2706

Re: Personal Capital "Your Portfolio Is Not Well Diversified"

They're most likely referring to your sector allocation. Common indexing in low cost ETF's are market-cap weighted, and will not only skew your portfolio towards Large Cap, but also towards Tech & Financial Services companies because they are the largest in our economy. Personal Capital will recomme...
by MittensMoney
Tue Apr 05, 2016 5:39 pm
Forum: Personal Investments
Topic: Personal Capital says I'm way off track..what do you think?
Replies: 51
Views: 9253

Re: Personal Capital says I'm way off track..what do you think?

So they took 10 asset classes and decided it made sense to divide them up equally and give 10% to each one based on…what? Some theory that round equal numbers will improve performance? Just wanted to point out that the theory behind this asset allocation is called Modern Portfolio Theory, which ear...
by MittensMoney
Mon Mar 28, 2016 4:58 pm
Forum: Personal Investments
Topic: Paychex 401k with no match
Replies: 3
Views: 715

Re: Paychex 401k with no match

You'll need to do some math, it can work out differently depending on your income and tax bracket. Qualifying 401k contributions can reduce your taxable income, which can be more beneficial in the short-term. However, expense ratios across a long-investment time period could make investments in Vang...
by MittensMoney
Mon Mar 28, 2016 4:54 pm
Forum: Personal Investments
Topic: Need Investing Help - $200k
Replies: 10
Views: 1844

Re: Need Investing Help - $200k

Wealthfront and Betterment won't offer a human advisor to guide you financially. Consider either Personal Capital or Vanguard, they will invest your savings in a smart way and also offer financial planning advice in other areas. Both have fee's but will offer smart investment strategies, 'free' advi...
by MittensMoney
Mon Jan 25, 2016 4:26 pm
Forum: Personal Investments
Topic: Personal Capital
Replies: 39
Views: 8808

Re: Personal Capital

I am considering them along with the other robo-investor firms. Has anyone figured out why PC charges much more of a service charge than the other robo firms? 0.89% for the first $1m is very high compared to Wealthfront (0.25%) and FutureAdvisor (0.5%). Do they do anything that makes them worth the...
by MittensMoney
Wed Dec 09, 2015 10:21 pm
Forum: Investing - Theory, News & General
Topic: Robinhood - opinions
Replies: 39
Views: 8324

Re: Robinhood - opinions

If you *think* you want a market order, what you really want is a marketable limit order. Otherwise you will find yourself getting robbed by the piranhas, or worse in the event of an unlucky market failure/liquidity event. That's a great point, I'll be sure to place limit orders which will guarante...
by MittensMoney
Wed Dec 09, 2015 12:41 am
Forum: Personal Investments
Topic: Personal Financial Roadmap
Replies: 7
Views: 2115

Re: Personal Financial Roadmap

What sort of match does your wife receive on her 401k contributions? A higher expense ratio fund can be a drain long-term but frankly it still makes sense to eat that cost if the company is contributing, otherwise you're simply leaving money on the table. Also, have her check with her employer regar...
by MittensMoney
Tue Dec 08, 2015 11:03 pm
Forum: Personal Investments
Topic: Investment strategy- am i doing things right!
Replies: 8
Views: 1429

Re: Investment strategy- am i doing things right!

Looks like you are doing a lot of things right! How are the Stocks in your 401k allocated? It's fine to be Aggressive with 20+ years to go before retirement, but in terms of balance between 401k allocation, Target Date 2040 funds, etc., you should keep an eye on how skewed you are towards Tech & Fin...
by MittensMoney
Mon Dec 07, 2015 11:18 pm
Forum: Investing - Theory, News & General
Topic: Robinhood - opinions
Replies: 39
Views: 8324

Re: Robinhood - opinions

I've loved Robinhood so far. At the age of 25 I need an outlet for my passion for the markets. Unfortunately, buy and hold within my 401k, Roth IRA, and regular brokerage account can't provide that outlet (could, but the long-term investor in me wouldn't allow it). The cool thing is, this year has h...