Search found 435 matches

by boglephreak
Thu Nov 17, 2016 6:32 pm
Forum: Investing - Theory, News & General
Topic: why it's so hard for active managers to outperform
Replies: 7
Views: 1581

Re: why it's so hard for active managers to outperform

when i questioned the fund choices for our fidelity run 401k, this is the excuse i received for why each of the funds had underperformed the relevant benchmark for 1, 3, 5 and 10 years: "they make us pick a benchmark, but these benchmarks arent appropriate comparisons." we subsequently received fide...
by boglephreak
Thu Nov 17, 2016 5:48 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds are getting killed. Are you bailing out?
Replies: 88
Views: 20040

Re: Muni bonds are getting killed. Are you bailing out?

nisiprius wrote:This is what you're talking about?

Source

Vanguard Intermediate-Term Tax-Exempt Fund

Image
death by a thousand cuts? only 994 more left to go.
by boglephreak
Thu Nov 17, 2016 4:06 pm
Forum: Investing - Theory, News & General
Topic: LendingHome as investment vehicle for constant income
Replies: 9
Views: 2795

Re: LendingHome as investment vehicle for constant income

i dont know anything myself, but hasnt P2P lending gotten really bad press lately with that other lending club doing some shady stuff?
by boglephreak
Wed Nov 16, 2016 1:52 pm
Forum: Investing - Theory, News & General
Topic: Diversification Advice
Replies: 10
Views: 1915

Re: Diversification Advice

look into the three fund portfolio. total US stock market plus total intl stock market will probably be fine for your purposes. also, if you post in the person investment advice forum, people can provide you individualized advice taking into account the specifics of your 401k etc. offerings. https:/...
by boglephreak
Tue Nov 15, 2016 11:27 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting - What to do now?
Replies: 2
Views: 673

Re: Tax Loss Harvesting - What to do now?

livesoft wrote:The reality is that it doesn't matter much what you do.

I suggest you ask again about 2 days before the VFWAX distribution. There might be more clarity then.

In the meantime, relax and enjoy the next 30 days or so.
thanks. looks like i'll be bugging you in a month then. =)
by boglephreak
Tue Nov 15, 2016 4:10 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting - What to do now?
Replies: 2
Views: 673

Tax Loss Harvesting - What to do now?

I tax loss harvested for the first time yesterday from VTIAX (total international) to VFWAX (FTSE All-World ex US). I incurred about $2300 in capital losses. Now that that is done (and hopefully done correctly), I am wondering what to do next. I understand to avoid the wash sale rule, I cant invest ...
by boglephreak
Tue Nov 15, 2016 3:07 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 111131

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

a number of people apparently dont know what french laundry is (one person, amusingly, said he did his own ironing). its a high-class, very expensive restaurant in the napa valley, california. you can buy a used car for the price of a meal here for your family. the more you know. https://www.thomask...
by boglephreak
Tue Nov 15, 2016 2:01 pm
Forum: Investing - Theory, News & General
Topic: Total Stock vs Total Bond
Replies: 19
Views: 3001

Re: Total Stock vs Total Bond

total int'l market. its dropping, which means my allocation to it is dropping, which means i should rebalance by buying. i was already oversaturated in bonds so no need to allocate to it despite recent drops.
by boglephreak
Mon Nov 14, 2016 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Would you work in Bermuda?
Replies: 27
Views: 5751

Re: Would you work in Bermuda?

no. places like this are great for vacations, but dont tend to be great for living or long-term prospects for your children. i also wouldnt listen to the advice of anyone who hasnt spent more than a year there, which, ironically, includes me. once the tropical glamour fades, what are you really left...
by boglephreak
Mon Nov 14, 2016 2:37 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 306
Views: 60461

Re: TLH for absolute dummies [Tax Loss Harvesting]

i started investing in a taxable account in April 2016. primarily, VTIAX. it is currently down, so i am excited about the prospects of TLH for the first time (weird to be excited when i lost money, but ignore that). so, i read this entire thread before doing anything just to make sure i knew what wa...
by boglephreak
Sun Nov 13, 2016 6:13 pm
Forum: Investing - Theory, News & General
Topic: Non-passive investment vehicles
Replies: 3
Views: 721

Re: Non-passive investment vehicles

i own three rental properties that i manage myself. they were bought due to life circumstances (lived in two of them, value significantly depreciated so dont want to sell; bought third for parents), not for investments. i probably make decent money off them, not really sure since i have never cared ...
by boglephreak
Fri Nov 11, 2016 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax 2016 purchase source
Replies: 91
Views: 18661

Re: Turbo Tax 2016 purchase source

My opinion is to wait for deals that give you desktop tax software for free. That's cheaper than $50 for it. For 2015 taxes, I used HRBlock Deluxe desktop and they paid me $20 to use it. For 2014 taxes, I used TurboTax Deluxe desktop and it cost me nothing, so not as good as the -$20. Both of these...
by boglephreak
Fri Nov 11, 2016 4:47 pm
Forum: Personal Investments
Topic: Would you invest $80K right now?
Replies: 38
Views: 7199

Re: Would you invest $80K right now?

knpstr wrote:
kccross1 wrote:Is there any reason to wait or should I invest now?
Now.
I vote now as well. Invest it and forget it.
by boglephreak
Fri Nov 11, 2016 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Lender Credit - Refinance
Replies: 7
Views: 929

Re: Lender Credit - Refinance

i am currently doing a re-fi with elend. lender credit of $1800 and 15 yr. fixed, 2.75%. total closing costs (including appraisal and title) are about $2200. so, your deal doesnt look great to me. however, you will have to crunch the numbers because you already have sunk costs (i.e., the appraisal f...
by boglephreak
Fri Nov 11, 2016 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Flexible Spending Account - anyway to open one if employer does not offer it?
Replies: 6
Views: 1725

Re: Flexible Spending Account - anyway to open one if employer does not offer it?

Not to my knowledge. I think those are employer benefits that aren't available on the open market. However you may be able to open a Health Savings Account and fund it even if your employer doesn't offer one. You would have to make sure your employer offers a high deductible health plan that meets ...
by boglephreak
Fri Nov 11, 2016 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Purchase Expenses on Credit Card
Replies: 2
Views: 540

Re: Real Estate Purchase Expenses on Credit Card

i just paid the appraisal fee with a credit card. i am going to try to put the title fees on cc as well. as long as there is no service charge (mentioned above), its a great idea.
by boglephreak
Fri Nov 11, 2016 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: John Hancock discontinues LTC insurance sales
Replies: 45
Views: 10584

Re: John Hancock discontinues LTC insurance sales

are premium increases set by contract, law, both, or something else? i would be very concerned with something like this where i dont intend to us it for years. nisiprius' article says they did a 83% increase in one year. that is completely insane, but the cost is sunk
by boglephreak
Fri Nov 11, 2016 2:08 pm
Forum: Investing - Theory, News & General
Topic: Four-Fund Portfolio?
Replies: 23
Views: 6642

Re: Four-Fund Portfolio?

seems fine. i do the same thing minus int'l bonds. i dont see the benefit of them so dont use them. caveat: i only have 10% in bonds so int'l bonds would make up only a negligible portion of my profile. if i increase bond allocation, i may look at them, but still dont see the benefit of using them. ...
by boglephreak
Thu Nov 10, 2016 4:27 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 111131

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

i dont splurge on much. but i do spend that extra dime on international vacations. these are places i will only be visiting once in my life (most likely), and i want to see and experience as much as possible. sometimes that is doable with budget travel, but not always. plus, its vacation, i want to ...
by boglephreak
Wed Nov 09, 2016 3:44 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12632
Views: 2185068

Re: U.S. stocks in freefall

any good resources on how to tax loss harvest with vanguard funds? i have vtiax only.
by boglephreak
Tue Nov 08, 2016 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refinance - to lower interest only
Replies: 5
Views: 1133

Re: Mortgage Refinance - to lower interest only

i am currently doing a re-fi on my home with elend. 15 yr fixed at 2.75%, which is a reduction of .75% off my current loan. lender credit of $1800, which will cover all of the lender/title fees except about $400 for title. found them on zillow.com. the "no cost" re-fi was what was the big seller for...
by boglephreak
Tue Nov 08, 2016 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Investing the cash instead?
Replies: 10
Views: 1507

Re: Investing the cash instead?

on paper, investing is probably better, but i am debt averse, so i would pay it off and invest $140 each month instead. i dont think it will make much of a difference either way.
by boglephreak
Tue Nov 08, 2016 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: keeping a Private Loan private
Replies: 29
Views: 3275

Re: keeping a Private Loan private

I would like to think that two individuals can enter into a private transaction in this country and for the transaction to remain exactly that, but perhaps that's wishful thinking. you can keep it private. just tell the mortgage company (when they ask) that you decline to tell them about your priva...
by boglephreak
Tue Nov 08, 2016 5:45 pm
Forum: Investing - Theory, News & General
Topic: Are we naive to expect historical returns from indexing?
Replies: 28
Views: 5970

Re: Are we naive to expect historical returns from indexing?

im apparently naive in a different way. i thought people (such as bogle) had a dismal view of the future and were only expecting 2-3% real returns on equities.
by boglephreak
Sat Nov 05, 2016 5:49 pm
Forum: Investing - Theory, News & General
Topic: Slipping last few days- time to buy now or wait until after 11/8?
Replies: 99
Views: 16886

Re: Slipping last few days- time to buy now or wait until after 11/8?

The hand wringing in this thread is nonsensical. Are memories so short that we've already forgotten Brexit? Election "uncertainty" is nothing more than an excuse for emotional behavior, volatility and profit taking. It doesn't matter who wins. Four years from now this thread will look ridiculous. :...
by boglephreak
Thu Nov 03, 2016 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Workmans comp and short term disability
Replies: 3
Views: 873

Re: Workmans comp and short term disability

i would assume any settlement would include all pending claims unless you specifically carve something out. i doubt the employer (insurance carrier) is going to want to do a carve out and continue litigation though, it will be part of the negotiation. im also not sure why she would have to resign he...
by boglephreak
Thu Nov 03, 2016 4:17 pm
Forum: Investing - Theory, News & General
Topic: Individual stocks that are sound w/ indexing
Replies: 84
Views: 10619

Re: Individual stocks that are sound w/ indexing

you dont need permission from me (or anyone else on this board). i dont do individual stocks for two reasons: (1) i dont know how to pick good ones, and question whether its a fools game to try when the masters are on the other side of the trade; and (2) i dont want to watch the stock value and make...
by boglephreak
Wed Nov 02, 2016 6:16 pm
Forum: Investing - Theory, News & General
Topic: Slipping last few days- time to buy now or wait until after 11/8?
Replies: 99
Views: 16886

Re: Slipping last few days- time to buy now or wait until after 11/8?

i intend to buy on the 1st and the 15th (i.e., the week before and the week after), but thats because its when i get paid. i dont plan to change up my normal strategy for this election or any other "major event" that will happen this year or years in the future (they probably come up on a monthly if...
by boglephreak
Tue Nov 01, 2016 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Moved in with in-laws - Implications?
Replies: 11
Views: 2556

Re: Moved in with in-laws - Implications?

you need to speak to an attorney and/or accountant. this is not something for internet research. some red flags i see: 1. the mortgage company may have a problem with your wife being quitclaimed on the deed without their consent. it may be considered a transfer of property and they call the mortgage...
by boglephreak
Tue Nov 01, 2016 10:45 pm
Forum: Investing - Theory, News & General
Topic: Indispensable Quinn Talk Plenty Good
Replies: 16
Views: 3349

Re: Indispensable Quinn Talk Plenty Good

interesting refresher on everything i learned from this website so far. i am a long way from retirement, but am fascinated (and scared) about retirement and the SWR. i have heard the magic 4%, 20-50 times expenses, etc., but what i have never heard is how to calculate the expenses. are there any gui...
by boglephreak
Mon Oct 31, 2016 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Stundent loan transfer in 2012 hurting my credit and costing me thousands..
Replies: 23
Views: 3482

Re: Stundent loan transfer in 2012 hurting my credit and costing me thousands..

this happened to me. loan went into repayment when it shouldnt have. contacted my school (school loan) and worked it out with them. they were very nice about it and fixed it in a short time. i monitor my credit report annually through annualcreditreport.com. this is how i first found the issue (quit...
by boglephreak
Mon Oct 31, 2016 3:35 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2694
Views: 1781355

Re: The Three-Fund Portfolio

What are your thoughts of the three-fund portfolio for a non-American citizen? Does it really matter where you're from to invest in mutual funds, given that you currency protect your mutual funds? Kongbong, As a non-American, I would invest into domestic-based index mutual funds or ETFs. I would se...
by boglephreak
Mon Oct 31, 2016 1:51 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2694
Views: 1781355

Re: The Three-Fund Portfolio

What are your thoughts of the three-fund portfolio for a non-American citizen? Does it really matter where you're from to invest in mutual funds, given that you currency protect your mutual funds? Kongbong, As a non-American, I would invest into domestic-based index mutual funds or ETFs. I would se...
by boglephreak
Sun Oct 30, 2016 11:54 pm
Forum: Investing - Theory, News & General
Topic: Edward Jones Trick or Treat (Tricks)
Replies: 16
Views: 4541

Re: Edward Jones Trick or Treat (Tricks)

Wells Fargo had a booth at a local zoo halloween event. Didn't bother me, but I joked to one of them handing out candy that I hope they don't sign my kids up for a credit card. They weren't particularly humored. =) i played poker with a couple wells fargo execs the other day. they were joking about...
by boglephreak
Sat Oct 29, 2016 6:52 pm
Forum: Investing - Theory, News & General
Topic: How much international?
Replies: 80
Views: 14419

Re: How much international?

bogle said not to invest in international, but if you must, no more than 20%. so, i am doing about 20%. there are convincing arguments on both side, but i decided to do some international, but no more than what bogle said i should. its kind of a split the baby kind of thing.
by boglephreak
Sat Oct 29, 2016 5:48 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett(himself) has never invested in an Index fund, WHY?
Replies: 32
Views: 7131

Re: Warren Buffett(himself) has never invested in an Index fund, WHY?

im a lawyer so when i have a legal question, i usually look it up myself. i dont hire an attorney. my wife is not, and when i die i recommend she hire a lawyer to help her with legal issues. i imagine its the same for someone who devotes his time and life to investing that he invest it himself, but ...
by boglephreak
Fri Oct 28, 2016 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Sued for General [Investment] Advice?
Replies: 43
Views: 8691

Re: Sued for General Advice?

as a lawyer, im wondering if i can get sued for giving advice on whether someone can get sued for giving advice. absent a duty (e.g., a fiduciary relationship with the individual), a pecuniary interest in the subject of the advice or misrepresenting yourself as something you are not, i doubt you can...
by boglephreak
Thu Oct 27, 2016 12:11 pm
Forum: Investing - Theory, News & General
Topic: Dont invest in 401K
Replies: 42
Views: 6703

Re: Dont invest in 401K

written by Richard Kiyosaki.

or at least, thats my impression of the person speaking in the article. big on get rich quick ideas, vacant on any specifics (or even generalities) about how to do that.

this is poor advice and a horrible article. the author should be ashamed of himself/herself.
by boglephreak
Wed Oct 26, 2016 6:07 pm
Forum: Investing - Theory, News & General
Topic: Real Estate Vs Stocks
Replies: 4
Views: 832

Re: Real Estate Vs Stocks

i own a few properties, and i dont like being a landlord. i especially dont like that everything seems to be breaking recently, and i have to deal with it (air conditioning, water heater, pest control, water leak from upstairs neighbor (who acts like they cant speak english when i ask for contributi...
by boglephreak
Wed Oct 26, 2016 5:51 pm
Forum: Investing - Theory, News & General
Topic: Variable Annuity with Death Benefit
Replies: 16
Views: 3003

Re: Variable Annuity with Death Benefit

i dont think your relative understands the annuity. 5% a year? come on.....
by boglephreak
Mon Oct 24, 2016 4:08 pm
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein Books
Replies: 45
Views: 6742

Re: Dr. Bill Bernstein Books

based on the wiki, i skipped investors manifesto (more detailed and math-centric apparently) and read four pillars. it was the second investing book i read after bogle's common sense. both great books.
by boglephreak
Fri Oct 21, 2016 12:13 pm
Forum: Investing - Theory, News & General
Topic: "Jack Bogle wouldn’t risk investing outside the US"
Replies: 101
Views: 11986

Re: "Jack Bogle wouldn’t risk investing outside the US"

Hi Taylor, Thank you for sharing. Are you going to remove Total International Stock Index from the Three Fund Portfolio? Best. I have the same question... given that this is not a new opinion of Bogle's, and Taylor was presumably well aware of Bogle's opinion when he created at least the thread reg...
by boglephreak
Thu Oct 20, 2016 2:46 pm
Forum: Investing - Theory, News & General
Topic: [WSJ - What Does Nevada’s $35 Billion Fund Manager Do All Day? Nothing]
Replies: 35
Views: 7230

Re: WSJ - What Does Nevada’s $35 Billion Fund Manager Do All Day? Nothing

good article. what concerns me about this pension is this statement: Despite the investment success, Nevada only has about 73% of assets needed to fund future retirement obligations to workers. that money has to come from somewhere, and its concerning that a lot of pension managers choose to take ad...
by boglephreak
Wed Oct 19, 2016 11:54 am
Forum: Personal Investments
Topic: 401k Portfolio Advice [UPDATED 10/18/16; New 401k Offerings]]
Replies: 29
Views: 3668

Re: 401k Portfolio Advice [UPDATED 10/18/16; New 401k Offerings]]

also, to the extent it is important, our contributions to taxable appear to be more than twice as much as to our 401k/IRA. thanks.
by boglephreak
Tue Oct 18, 2016 12:33 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2694
Views: 1781355

Re: The Three-Fund Portfolio

Happy to report that as of October 17, 2016, our 401k fund now offers Fidelity Index Funds S&P 500, Extended Market, Total International and Total Bond. Now we have the opportunity to create a quasi-three-fund portfolio entirely within the 401k plan. (It was easier to add than delete, which is why w...
by boglephreak
Mon Oct 17, 2016 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Buying Auto Insurance
Replies: 4
Views: 611

Re: First Time Buying Auto Insurance

yes, but only request quotes from reputable insurance companies. i found that geico was the best deal and have been with them for about twenty years without problem.
by boglephreak
Fri Oct 14, 2016 12:36 pm
Forum: Investing - Theory, News & General
Topic: 39 Years Old; 50/50 Asset Allocation Reasonable?
Replies: 19
Views: 4583

Re: 39 Years Old; 50/50 Asset Allocation Reasonable?

im going to unintentionally butcher the quote, but asset allocation should be based on inter alia the need to take risk. you do not need to take risk since it appears you have already won the game. so a 50/50 allocation seems completely reasonable, albeit conservative in my opinion. my only concern ...