Search found 247 matches

by lukestuckenhymer
Mon Apr 29, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: Target Date Funds doing it backwards?
Replies: 44
Views: 5410

Re: Target Date Funds doing it backwards?

Paul Merriman: "They also are funds of funds, which adds extra layers of fees." https://investor.vanguard.com/mutual-funds/profile/VLXVX 0.15% is too high? TDFs are the best thing that could have happened for a society of people where the majority are financially illiterate and almost nobody unders...
by lukestuckenhymer
Sun Apr 28, 2019 2:42 pm
Forum: Investing - Theory, News & General
Topic: Will I receive money if sell VMMXX before its dividend pay date?
Replies: 9
Views: 1770

Re: Will I receive money if sell VMMXX before its dividend pay date?

Click on "Balances by date" on your main Balances page. It's right under the words "Total Vanguard assets." It will tell you how much has accrued month-to-date.
by lukestuckenhymer
Fri Apr 26, 2019 7:27 pm
Forum: Investing - Theory, News & General
Topic: Uber IPO
Replies: 38
Views: 3428

Re: Uber IPO

Last flight I took arrived at DCA at rush hour. There were several hundred people in the taxi line. I tapped my Lyft app and a car was there in a couple minutes. It was chaotic as hell trying to find him but I am pretty sure I would still be waiting in that taxi line if it wasn't for him. Then agai...
by lukestuckenhymer
Thu Apr 18, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: American Funds vs Vanguard
Replies: 80
Views: 8201

Re: American Funds vs Vanguard

American Funds have some of the highest ERs and loads I've seen. I would not view them favorably.
by lukestuckenhymer
Thu Apr 18, 2019 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2988

Re: Insurance Advice after bicycle accident

Get a copy of the police report first. Keep copies of all your medical bills. If you plan on filing a claim, it may be worth talking to a personal injury lawyer, even though they may take 33%. Working directly with the driver's insurance company (especially if it's a small Mickey Mouse one) will be ...
by lukestuckenhymer
Thu Apr 18, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life policy advice
Replies: 12
Views: 1144

Re: Whole Life policy advice

Cut your losses and cash them out. I gave the same advice to a friend who was sold a bill of goods by a "family friend." He was convinced his whole life policy was exactly like an IRA. Unfortunately, he was contributing $5,500 a year, instead of a couple hundred.
by lukestuckenhymer
Thu Apr 18, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 101
Views: 20605

Re: Do not use Personal Capital

I don't use it any more, but I know this was a tacit assumption when I signed up. Once a month, a call came in from the Bay Area and I didn't answer it. There are plenty of reasons not to use Personal Capital besides security. It's a lousy, buggy platform that sometimes refuses to update your balanc...
by lukestuckenhymer
Wed Apr 17, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Question on compromised credit cards
Replies: 20
Views: 1323

Re: Question on compromised credit cards

Every time you use a gas station or hand someone your card to swipe (especially a server that walks away), there's a chance you're getting skimmed. It's happened several times to me, you just have to turn on all the fraud alerts (email, text) and you'll catch them very early. CC companies are gettin...
by lukestuckenhymer
Wed Apr 17, 2019 12:23 pm
Forum: Investing - Theory, News & General
Topic: How does Alliant Credit Union make money on their Credit Card?
Replies: 23
Views: 2604

Re: How does Alliant Credit Union make money on their Credit Card?

I have a fee-free Capital One card that gives 3% on all dining and entertainment. I eat out at restaurants a lot and almost exclusively use it for that. I also exclusively use my fee-free 5% rotating category cards only for the 5% categories (Gas, groceries, home improvement, dining, Amazon purchase...
by lukestuckenhymer
Fri Apr 12, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)
Replies: 181
Views: 23911

Re: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)

Why do VTWAX and VT overweight US vs international as a percentage of total world market cap? VTWAX currently has 54.5% in US, while currently the US is more like 40% of total world market cap. What gives? Are all Total World indices overweighting the US? Where are you getting that info? It may be ...
by lukestuckenhymer
Fri Apr 05, 2019 12:37 pm
Forum: Investing - Theory, News & General
Topic: FIDO Zero Funds losing to Vanguard?
Replies: 58
Views: 7597

Re: FIDO Zero Funds losing to Vanguard?

I think the differences are minimal. I think it will be a virtual tie after 10 years, with one or the other besting its rival by a minuscule factor.

To me, the $0 minimum investment is a much bigger story than the ER dropping to zero.
by lukestuckenhymer
Thu Apr 04, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: Why are yields form tax free Muni Bonds so high?
Replies: 17
Views: 2700

Re: Why are yields form tax free Muni Bonds so high?

I don't always put bonds in taxable, but when I do, I prefer tax-exempt muni funds :beer
by lukestuckenhymer
Fri Mar 22, 2019 2:11 pm
Forum: Investing - Theory, News & General
Topic: In Search of... the Inverted Yield Curve
Replies: 78
Views: 7805

Re: In Search of... the Inverted Yield Curve

grayfox wrote:
Sat Jul 21, 2018 1:41 pm
:idea: Lesson: If yield curve does foreshadow a recession, it would start showing inversion about 1-1/2 to 2 years beforehand.
Year and a half from today... September 2020, just in time for a presidential election.
by lukestuckenhymer
Thu Mar 21, 2019 6:53 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 14008

Re: The $4,000,000.00 Car or a worry-free retirement?

Off the top of my head I can think of a grand total of two people I know (of hundreds) that were "seriously injured" in a car accident, and both of them were driving under the influence. I live in Southern California and with no exaggeration I can tell you that almost everybody I know who lives her...
by lukestuckenhymer
Thu Mar 21, 2019 3:53 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 14008

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

I strongly believe in this philosophy, Taylor. I am 32 and my first two cars (Honda Civic LXs with no upgrades) have cost $19,000 and $21,000 Could I afford a Tesla right now? Absolutely, but it's a want and not a need. Perhaps I will buy that sexy car when I'm in my 40s or 50s. Investing takes prec...
by lukestuckenhymer
Wed Mar 13, 2019 12:19 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 93
Views: 15096

Re: What is your one favorite Fidelity Fund??

Teague wrote:
Fri Jun 29, 2018 11:39 am
My favorite would be the one with the highest expense ratio and highest profit margin for Fidelity, because those customers will subsidize the low cost index funds that I invest in.
This one?
https://fundresearch.fidelity.com/mutua ... /315910182
by lukestuckenhymer
Wed Mar 06, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Best free personal finance software in 2019
Replies: 11
Views: 1725

Re: Best free personal finance software in 2019

I keep track with Excel only. I used Personal Capital for a while, but it was glitchy and wouldn't update some of my accounts, so I stopped using it.

I find the Bogleheads Return spreadsheet to be useful as well: https://www.dropbox.com/s/emjo61qdyfk87 ... .xlsx?dl=0
by lukestuckenhymer
Mon Mar 04, 2019 7:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard VMMXX vs Am Express Savings vs CD
Replies: 4
Views: 553

Re: Vanguard VMMXX vs Am Express Savings vs CD

considering Vanguard's MM (2.46%) or American Express Savings (2.10%). In light of ER for VMMXX (0.16%) and of course slight risks, I don't believe there are any fees for AE Savings, which is the more profitable choice? Keep in mind VMMXX's yield is net of expenses. ER is already baked into the yie...
by lukestuckenhymer
Mon Mar 04, 2019 2:30 pm
Forum: Investing - Theory, News & General
Topic: When does actual Vanguard transaction take place?
Replies: 9
Views: 783

Re: When does actual Vanguard transaction take place?

If you execute the trade before the 4pm eastern, Vanguard will give you that day's price, even if you're pulling the money from an external bank account.
by lukestuckenhymer
Mon Mar 04, 2019 2:05 pm
Forum: Investing - Theory, News & General
Topic: Cap gains distributions (taxes) - Index (VFIAX) vs. Active (FCNTX)
Replies: 7
Views: 640

Re: Cap gains distributions (taxes) - Index (VFIAX) vs. Active (FCNTX)

Regarding "Vanguard index funds don't distribute capital gains." VG index funds do distribute CG, just not much. For example, when they need to sell stocks to meet cash obligations. Also, they are chasing an index, so when that index changes (a specific company is taken out of the index), they need...
by lukestuckenhymer
Mon Mar 04, 2019 12:44 pm
Forum: Investing - Theory, News & General
Topic: Cap gains distributions (taxes) - Index (VFIAX) vs. Active (FCNTX)
Replies: 7
Views: 640

Re: Cap gains distributions (taxes) - Index (VFIAX) vs. Active (FCNTX)

Am I correct in drawing the conclusion that Index funds don't have capital gains distributions, so, no capital gains taxes to pay till you withdraw the money (I understand dividends will be taxed every year)? Whereas with many of the Active funds, you keep paying capital gains taxes on distribution...
by lukestuckenhymer
Fri Mar 01, 2019 3:35 pm
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Just Made Its S&P 500 Fund Even Cheaper
Replies: 21
Views: 2992

Re: Barron's--Vanguard Just Made Its S&P 500 Fund Even Cheaper

Amazing how many here said a few bps didn't matter when Fidelity introduced Zero funds but now when Vanguard reduces expenses it is a game changer (LOL). Mr. Romano was simply posting text from a Barron's article, who is saying it is a game changer? BTW, is it the ETF that dropped for the ETF and M...
by lukestuckenhymer
Thu Feb 28, 2019 2:07 pm
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 330
Views: 25332

Re: Vanguard Customer Service is Horrible

Vanguard does simple things pretty easily... IRA trustee-to-trustee transfer or 401k rollover. No problem.
More complicated things seem to take weeks, months, each rep telling you something different. Name changes, transferring a maturing IRA CD from a regular bank to Vanguard... Painful.
by lukestuckenhymer
Fri Feb 22, 2019 2:05 pm
Forum: Personal Investments
Topic: Where to put house savings?
Replies: 6
Views: 683

Re: Where to put house savings?

If you're subject to state tax, you should look into VUSXX (VG Treasury MM), which is exempt from state tax. It may get you a higher after-tax yield. Otherwise, I'd keep it in VMMXX.
by lukestuckenhymer
Wed Feb 20, 2019 2:49 pm
Forum: Investing - Theory, News & General
Topic: Internation in Tax deferred or Taxable?
Replies: 5
Views: 581

Re: Internation in Tax deferred or Taxable?

Triceratop usually posts an annual thread titled "Relative Tax Efficiency" in regards to the tax efficiency of int'l funds. I don't think he posted one for 2018 yet...

viewtopic.php?t=242137
by lukestuckenhymer
Wed Feb 13, 2019 12:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Confusion VT/BNDW
Replies: 12
Views: 1963

Re: Vanguard Confusion VT/BNDW

I use VTWAX in tax-deferred for ultimate simplicity and VTSAX/VTIAX in taxable for tax loss harvesting.
by lukestuckenhymer
Fri Feb 08, 2019 3:58 pm
Forum: Investing - Theory, News & General
Topic: To What Degree Does Money Buy Happiness?
Replies: 107
Views: 5624

Re: To What Degree Does Money Buy Happiness?

cheese_breath wrote:
Thu Feb 07, 2019 11:35 pm
Every so often you read about another multi-millionaire celebrity committing suicide. Guess they just didn't have enough money to buy happiness, even though it seems a lot of them seem tried.
Reminds me of this song:
https://www.youtube.com/watch?v=fAGKpoVFbmw
by lukestuckenhymer
Thu Feb 07, 2019 10:14 pm
Forum: Investing - Theory, News & General
Topic: To What Degree Does Money Buy Happiness?
Replies: 107
Views: 5624

Re: Does Money Buy Happiness?

Money buys a comfortable life and enjoyable experiences, but happiness? Not really.
by lukestuckenhymer
Thu Feb 07, 2019 7:29 pm
Forum: Personal Investments
Topic: Opinion on VTWAX [Vanguard Total World Stock]
Replies: 116
Views: 20966

Re: Opinion on VTWAX

Vanguard target retirement funds use 40%. Not sure about those number, but I do own some Vanguard Target Retirement 2020 Fund (VTWNX) and they are 33.5% Int'l which is much higher than I thought. I am shocked how high those numbers are. I guess I'm just not on board with the theory. https://investo...
by lukestuckenhymer
Thu Feb 07, 2019 3:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard SEC filings drop ‘at-cost,’ ‘no profit’ claims
Replies: 11
Views: 1306

Re: Vanguard SEC filings drop ‘at-cost,’ ‘no profit’ claims

Makes sense. Uber has never turned a profit and offers rides that are below cost, but this doesn't make them a non-profit... I think this would have needed to be changed whether related to the Danon matter or not.
by lukestuckenhymer
Thu Feb 07, 2019 3:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)
Replies: 181
Views: 23911

Re: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)

Just made the exchange in my tax-deferred space... VTSAX/VTIAX to VTWAX. Here we go.

No more betting! He who gambles lives in shambles... :beer
by lukestuckenhymer
Thu Feb 07, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: Wow! Just discovered "Portfolio Visualizer".
Replies: 36
Views: 17828

Re: Wow! Just discovered "Portfolio Visualizer".

letsgobobby wrote:
Mon Oct 29, 2018 5:58 pm
As I wrote my spreadsheet no longer works consistently. Google spreadsheets seems to be bonking a lot. For > 12 hours last night I couldn’t add any new entries.
You can download any Google Spreadsheet to Excel, in case you didn't know. Just go to File -> Download As -> Microsoft Excel
by lukestuckenhymer
Thu Feb 07, 2019 12:41 pm
Forum: Investing - Theory, News & General
Topic: Wow! Just discovered "Portfolio Visualizer".
Replies: 36
Views: 17828

Re: Wow! Just discovered "Portfolio Visualizer".

letsgobobby wrote:
Mon Oct 29, 2018 3:38 pm
Yeah, scratch that. PV is not for tracking my investments. Still looking.
This spreadsheet is a great tool to track your returns:
https://goo.gl/5NSnKi

I use a my own spreadsheet just to track net worth though. Personal Capital was too glitchy, so I stopped using it.
by lukestuckenhymer
Mon Feb 04, 2019 3:35 pm
Forum: Investing - Theory, News & General
Topic: BenefitWallet HSA - anyone successfully liquidated 100% of investments? (update: also transfer/rollover issues)
Replies: 77
Views: 7456

Re: BenefitWallet HSA - anyone successfully liquidated 100% of investments? (update: also transfer/rollover issues)

Yesterday (Friday, February 1), I attempted to check whether my missing partial month accrued dividends had perhaps been posted at month-end (for the Vanguard Total Bond I sold on SaveDaily in mid-January). (If they had posted, I would need to try to yank them off of SaveDaily before Fee Day hit.) ...
by lukestuckenhymer
Tue Jan 29, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: Opportunity Cost of [Holding] an Emergency Fund [in Cash/Bonds]
Replies: 60
Views: 4456

Re: Opportunity Cost of an Emergency Fund

A couple of thoughts: What is the opportunity cost of insurance? An emergency fund is akin to being self-insured against . . . an emergency. That was the first thought in my head, as well. Can you even imagine the opportunity cost of all the money you've shelled out for health and auto insurance in...
by lukestuckenhymer
Mon Jan 28, 2019 4:32 pm
Forum: Investing - Theory, News & General
Topic: Expected Growth Next Decade?
Replies: 48
Views: 4099

Re: Expected Growth Next Decade?

https://personal.vanguard.com/pdf/ISGVEMO_2019.pdf

Check out page 32-33.
Vanguard forecasts the annual return for US equities to be 3-5% and Non-US equities to be 6-8% over the next 10 years.
by lukestuckenhymer
Fri Jan 25, 2019 1:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard stole $0.01?
Replies: 80
Views: 6356

Re: Vanguard stole $0.01?

Rounding, the silent thief. I was shorted $0.04 of my salary last year too. I'm incensed! :o
by lukestuckenhymer
Thu Jan 24, 2019 2:39 pm
Forum: Investing - Theory, News & General
Topic: Hedge fund manager lost more than 30% in '18: 'Nothing went right'
Replies: 21
Views: 2576

Re: Hedge fund manager lost more than 30% in '18: 'Nothing went right'

lyrictulip wrote:
Thu Jan 24, 2019 9:44 am
Adverse variance is such a wonderful euphemism for bad luck
Sounds familiar!
https://www.youtube.com/watch?v=vuEQixrBKCc
by lukestuckenhymer
Thu Jan 24, 2019 2:26 pm
Forum: Investing - Theory, News & General
Topic: IRA - Target Date fund - too much International equity
Replies: 17
Views: 1890

Re: IRA - Target Date fund - too much International equity

As for why Vanguard invests 40% in Int'l stock, read: https://personal.vanguard.com/pdf/icriecr.pdf Also, Vanguard expects Int'l stocks to outperform US stocks by 3 to 3.5 percent over the next 10 years: https://www.cnbc.com/2018/11/27/international-stocks-will-beat-us-stocks-over-next-decade-vangua...
by lukestuckenhymer
Fri Jan 18, 2019 8:15 pm
Forum: Investing - Theory, News & General
Topic: What is going on with my Vanguard account
Replies: 7
Views: 1707

Re: What is going on with my Vanguard account

Actually I just figured it out. Fidelity changed it's ticker symbol for a couple of it's funds and the fidelity app couldn't update the price with the old symbol. I was able to edit the ticker symbol on the app and now it works well and my entire portfolio is accounted for. There are a few percent ...
by lukestuckenhymer
Wed Jan 16, 2019 7:11 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 59483

Re: John Bogle is dead at 89

Thanks for your wisdom and guidance, John. RIP
Proud to call myself a Boglehead, a namesake that will definitely live on. :beer
by lukestuckenhymer
Tue Jan 15, 2019 2:18 pm
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 52
Views: 5333

Re: Real value of NYC real estate, 1899-1999.

The real estate taxes in Illinois is a serious obstacle to overcome in order for it to be worthwhile without using it as a rental. Owning a home as an investment with such high taxes and low appreciation seems to be a terrible investment. And sad when it is many peoples largest asset. Or at least t...
by lukestuckenhymer
Sun Jan 13, 2019 7:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard accounts
Replies: 18
Views: 1406

Re: Vanguard accounts

How do taxes and stuff work as far as investments go? Income realized in taxable accounts is reportable on your tax return. Whether it results in a tax liability depends on many factors including what the investment is and other entries on your return. What is considered income? Like, do you have t...
by lukestuckenhymer
Sat Jan 12, 2019 2:51 pm
Forum: Personal Investments
Topic: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?
Replies: 128
Views: 14283

Re: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?

Vanguard's LifeStrategy/Target Retirement funds have had 40% ex-US stock since 2015. Were we not to take that as a recommendation? I know I did.
by lukestuckenhymer
Fri Jan 11, 2019 1:40 pm
Forum: Investing - Theory, News & General
Topic: 403B with Roth Option
Replies: 10
Views: 486

Re: 403B with Roth Option

It puzzles me why anyone would utilize a Roth 403b when there's no income limits on a pre-tax 403b. The only reason I could think of is if you were planning on paying close to zero tax. Just from personal experience: looking at last year's contributions at my company, I see people utilizing pre-tax ...
by lukestuckenhymer
Fri Jan 11, 2019 1:33 pm
Forum: Investing - Theory, News & General
Topic: BenefitWallet HSA - anyone successfully liquidated 100% of investments? (update: also transfer/rollover issues)
Replies: 77
Views: 7456

Re: BenefitWallet HSA - anyone successfully liquidated 100% of investments at SaveDaily (investment side of HSA)?

My current hypothesis is that there is an unadvertised limitation that you can't do a 100% redemption (of any fund) if the most recent fee withdrawal does not have a "Complete" status. It isn't good enough that you can see that it is "Complete**" and the dollars were, in fact, already withdrawn fro...
by lukestuckenhymer
Fri Jan 11, 2019 12:49 pm
Forum: Investing - Theory, News & General
Topic: Help me understand Portfolio Visualizer / Why hold cash at all?
Replies: 6
Views: 826

Re: Help me understand Portfolio Visualizer / Why hold cash at all?

keep 2 months of revolving cash in checking (includes amount needed to pay tax deferred) I might recommend keeping more in cash. One day you may find yourself with an emergency situation that forces you to dip into your bond holdings. I personally can't stomach losing principal on money that should...
by lukestuckenhymer
Thu Jan 10, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard explains the increase in ex-us allocation
Replies: 34
Views: 5099

Re: Vanguard explains the increase in ex-us allocation

bgf wrote:
Thu Jan 10, 2019 7:56 pm
increase from what to what?
It's been 60/40 US/Ex-US, but it's news to me that they're changing their recommendation. Did they say if they're making these changes in Target Retirement/Life Strategy allocations?
by lukestuckenhymer
Wed Jan 09, 2019 2:24 pm
Forum: Investing - Theory, News & General
Topic: BenefitWallet HSA - anyone successfully liquidated 100% of investments? (update: also transfer/rollover issues)
Replies: 77
Views: 7456

Re: BenefitWallet HSA - anyone successfully liquidated 100% of investments at SaveDaily (investment side of HSA)?

I have BenefitWallet HSA, and I will be watching this thread very closely. Eventually I will be doing this transfer as well. SaveDaily is an atrocious platform. I agree that their customer service is unreachable. I've sent many messages to complain about their site being down at critical times and I...