Search found 73 matches

by Captain kangaroo
Sun Jan 28, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: "Muni Bonds Time Bomb" Barron's
Replies: 48
Views: 6500

Re: "Muni Bonds Time Bomb" Barron's

So what is the alternative to munis then for those now in a high net worth taxable portfolio? Short term treasuries? This is a VERY expensive alternative. Meaning that your after tax final earning will be much much smaller than a "peak of the yield curve" or even short term muni portfolio. Is the r...
by Captain kangaroo
Sun Jan 28, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: "Muni Bonds Time Bomb" Barron's
Replies: 48
Views: 6500

Re: "Muni Bonds Time Bomb" Barron's

So what is the alternative to munis then for those now in a high net worth taxable portfolio? Short term treasuries?
by Captain kangaroo
Wed Jan 24, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 244
Views: 26188

Re: In what ways could BogleHeads be badly wrong ?

Boglehead philosophy provides comfort to me, that's my favorite aspect. I own the entire stock market, balanced with short term bonds for a degree of safety. My portfolio is over a million.. Will it ever be 10 million using this philosophy like it COULD be with timing the market, shorting, stock sel...
by Captain kangaroo
Tue Jan 23, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help with ETF Portfolio?
Replies: 4
Views: 677

Re: Help with ETF Portfolio?

Way too much overlap. You're holding the same stocks in multiple funds.

Consolidate to a US total market fund and a international fund.
by Captain kangaroo
Tue Jan 23, 2018 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 37000

Re: Does anyone here with net worths north of $1 mil use financial advisors?

28 years old, roughly 2,000,000 invested. No financial advisor, a slightly modified 3 fund ETF portfolio with fido... ..but.. When I get married and have kids in the next few years, I will go with one that I know of who seems really good, friends use his firm and he invests 90% in index funds. The 1...
by Captain kangaroo
Thu Jan 18, 2018 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Are ETFs Really That Safe?
Replies: 29
Views: 3914

Re: Are ETFs Really That Safe?

Bogels dislike for etfs comes from the human investor error, not the etfs structure.
by Captain kangaroo
Wed Jan 17, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle says Fidelity will be sold in 5 years...
Replies: 37
Views: 9354

Re: Jack Bogle says Fidelity will be sold in 5 years...

abuss368 wrote:
Sat Nov 19, 2016 9:24 pm
Could Vanguard actually buy them? Would that be an monopoly or perhaps not as there is no for profit mission.
Vanguard couldn't afford that. Nor would they want to I don't think.
by Captain kangaroo
Sat Jan 13, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 60
Views: 10748

Re: Merrill Edge best choice for higher net worth accounts?

sambb wrote:
Sat Jan 13, 2018 10:42 pm
consider fidelity or schwab. they do a good job also.
Can I get Vanguard etfs free through them?
by Captain kangaroo
Sat Jan 13, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 60
Views: 10748

Merrill Edge best choice for higher net worth accounts?

Considering moving my money over from Vanguard to Merrill Edge. I love Vanguard, but for accounts over 1,000,000 you don't really get any benefits from it. Their website has been a little clunky for me and I've heard their customer service isn't the best. With ME edge I'll have access to all Vanguar...
by Captain kangaroo
Mon Jan 08, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Overwhelmed with how to handle taxes on large inherited portfolio.
Replies: 24
Views: 2083

Overwhelmed with how to handle taxes on large inherited portfolio.

Inherited a large some of money, 2,000,000, and was going to go it alone in investing using the 3 fund portfolio. I am now getting a bit overwhelmed with how to pay estimated taxes on this money and how to handle this money in a tax efficient way. There is a CPA in my city that also runs a financial...
by Captain kangaroo
Sun Dec 31, 2017 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Paying estimated quarterly taxes, what is the process?
Replies: 10
Views: 1419

Paying estimated quarterly taxes, what is the process?

I will try to keep this simple. Say I have 1,000,000 dollars in VTSAX that pays out 5,000 a quarter in dividends. If I receive 5,000 on May 31st, I would have until June 15th to pay Uncle Sam his share. I am in the 25% federal tax bracket. Would it be as simple as just multiplying 5,000 by 15% and s...
by Captain kangaroo
Sun Dec 24, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard have a way to track outside investments?
Replies: 9
Views: 2032

Does Vanguard have a way to track outside investments?

I am thinking about opening a 529 plan outside of Vanguard. Would I be able to view it and its performance within vanguard somehow? If not, does Fidelity or Schwab offer this? My state has its own plan and only uses T Rowe Price investments
by Captain kangaroo
Sat Dec 16, 2017 1:36 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2342
Views: 1472842

Re: The Three-Fund Portfolio

Would it be appropriate to use a Municipal Tax-Exempt Bond Fund instead of the Total Bond Fund for a taxable account with 1,000,000+ dollars?
by Captain kangaroo
Fri Dec 15, 2017 1:09 am
Forum: Investing - Theory, News & General
Topic: Difference between VG Growth and Income vs Equity Income Funds
Replies: 5
Views: 979

Difference between VG Growth and Income vs Equity Income Funds

I have been looking at both of these funds. Both are active management, but with admiral shares, they have relatively low ER's. Equity Income seems to perform only slightly less than the S&P 500 but pays off a nice sized quarterly dividend. Growth and Income seems to track the S&P Index pretty close...
by Captain kangaroo
Wed Dec 13, 2017 8:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 156
Views: 20236

Re: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?

Can someone explain to a novice like me why one would choose the multifactor mutual fund over the TSM fund? And vise versa
by Captain kangaroo
Mon Dec 11, 2017 2:04 am
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 99
Views: 16436

Re: Just not getting it

Core holdings in TSM, with a heavy tilt In the Vanguard technology ETF. Get the best of both worlds. Core holdings in the entire market which will grow. A little tech on the side that may give you a nice profit, or a slight loss. If someone told me 20 years ago AOL would be worthless, I would have c...
by Captain kangaroo
Sun Dec 10, 2017 10:03 pm
Forum: Investing - Theory, News & General
Topic: Is there an "expense war" going on between fund companies?
Replies: 3
Views: 832

Is there an "expense war" going on between fund companies?

Over the course of the past few years, it seems expense ratios have been dropping dramatically for index funds. This was of course pioneered by Vanguard, but seems that Schwab has taken the lead with Fidelity not far behind. How far do you see ER's dropping in the next 5 years? I feel Vanguard's bus...
by Captain kangaroo
Sat Dec 09, 2017 5:53 pm
Forum: Investing - Theory, News & General
Topic: TSM vs High Dividend Yield if I never choose to sell?
Replies: 36
Views: 3223

Re: TSM vs High Dividend Yield if I never choose to sell?

Wouldnt my dividends be taxed at 15%? The same as LT capital gains?
by Captain kangaroo
Sat Dec 09, 2017 5:02 pm
Forum: Investing - Theory, News & General
Topic: TSM vs High Dividend Yield if I never choose to sell?
Replies: 36
Views: 3223

TSM vs High Dividend Yield if I never choose to sell?

I have I guess what you may call, a phobia, of selling my investments. When I buy something, I plan on holding it essentially until I die and passing it on. This may be good for growing a portfolio, but I also don't believe it will allow me to improve my quality of life with extra funds, if I ever c...
by Captain kangaroo
Tue Nov 28, 2017 12:49 am
Forum: Investing - Help with Personal Investments
Topic: Inheriting a large sum, slightly intimidated.
Replies: 51
Views: 6442

Re: Inheriting a large sum, slightly intimidated.

2. Tell nobody. I second this advice, but at the end of the day, I think depending on how you end up spending your windfall, people are going to find out. If a police officer suddenly goes and buys a $60,000 sports car and buys a new home in the good area of town, his co-workers and relatives aren'...
by Captain kangaroo
Mon Nov 27, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Inheriting a large sum, slightly intimidated.
Replies: 51
Views: 6442

Re: Inheriting a large sum, slightly intimidated.

You guys are amazing. Thank you very much.

I would definitely like to go at this on my own and with the help of you guys. Not a fan of financial advisors.
by Captain kangaroo
Mon Nov 27, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Inheriting a large sum, slightly intimidated.
Replies: 51
Views: 6442

Inheriting a large sum, slightly intimidated.

Long time reader here, first time poster. I've been reading this forum for about a year now trying to educate myself as much as possible, but now I need some advice of my own. I am currently 28, make 60k a year as a police officer, have no debt and live in Maryland. I have roughly 2k in an emergency...