Bogleheads.org

lukestuckenhymer

Be very careful about HSA partial-year rules. https://www.benstrat.com/downloads/HSA-GPS_HSAs-and-Partial-Year-Eligibility.pdf If you're enrolling Oct 1st with plans to max out your HSA contribution for 2018, you must remain on that HDHP plan for the entirety of calendar 2019 or else the amount over...

lukestuckenhymer

If stocks go down 90%, I will back up my truck. I mean, literally, I will sell our car, and buy stocks. It’s easy to think like this when the markets have been outperforming, but I wonder if you have the guts to really do this when times get tough. I’m thinking if the market is down 90%, there has ...

lukestuckenhymer

I've been an immense fan of Vanguard not only because of low ERs, but because of their lack of LTCG distributions. However, if I was a millennial with zero saved towards my retirement and now I have the ability to get in on the ground floor with zero minimum balance and zero fees, I think Fidelity ...

lukestuckenhymer

Counter graph from "How To Avoid A Shark Attack" - Schwab https://www.schwab.com/resource-center/insights/sites/g/files/eyrktu156/files/styles/embedded_700/public/MSCI%20EAFE%20Index%20vs%20MSCI%20USA%20Index_1.png?itok=2ZxyRwBV Source: https://www.schwab.com/resource-center/content/how-to-avoid-sh...

lukestuckenhymer

I've been an immense fan of Vanguard not only because of low ERs, but because of their lack of LTCG distributions. However, if I was a millennial with zero saved towards my retirement and now I have the ability to get in on the ground floor with zero minimum balance and zero fees, I think Fidelity i...

lukestuckenhymer

Walk away.

lukestuckenhymer

https://www.youtube.com/watch?v=Xy6KN5nWnTM

"Backing up the truck," illustrated.

lukestuckenhymer

CULater wrote: ↑
Thu Oct 11, 2018 4:36 pm

But I don't wanna buy the dip!

lukestuckenhymer

pokebowl wrote: ↑
Thu Oct 11, 2018 2:04 pm
At least we get to reuse our hats? We have that going for us.

always makes me cringe

lukestuckenhymer

TomatoTomahto wrote: ↑
Wed Oct 10, 2018 6:33 pm
When I have cash, I invest it.

+1

If I had spare cash left over after maxing out the 403b/IRA, it would already be invested. Can't wait around for RBDs.

lukestuckenhymer

Are you asking if you should have $50k saved by your late 20s/early 30s? If you haven't, yes, be more aggressive.

lukestuckenhymer

A few days after I opened mine at Personal Capital (just last month), I got their call specifying my account details asking if I was interested in moving my money to them/ using their investment services. I closed my account immediately after. No one called me from Mint ever. It's a free service......

lukestuckenhymer

Call_Me_Op wrote: ↑
Mon Oct 08, 2018 3:17 pm
Because of the various considerations, I hold some bonds (and bond equivalents like CDs) in taxable and some in tax-advantaged.

Do we consider CDs a "bond equivalent"? A CD to me is a cash equivalent. Bonds can lose principal, cash and CDs can't.

lukestuckenhymer

I would say one reason is because of basic conditional probability - any time there is a 10-15% drop, a 40-50% drop becomes more likely, simply because every 40-50% drop starts with a 10-15% drop. Uh, what? You could argue on momentum grounds that further drop is more likely, but what you state mak...

lukestuckenhymer

Company stock is about 28 percent of our portfolio and a cash basis pension is another 20%. Let me start by saying that a pennons is NOT part of your portfolio. It is an income stream (you hope), but it isn't an asset. ... :shock: :shock: :shock: How is it not an asset? It's something they expect w...

lukestuckenhymer

willthrill81 wrote: ↑
Sun Sep 30, 2018 9:43 pm

KlangFool wrote: ↑
Sun Sep 30, 2018 9:32 pm
1) I do not count net worth. It is a meaningless number.
A home with positive equity can be sold to generate liquid assets. That is very far from meaningless.

+1

https://www.youtube.com/watch?v=dgct3Jn8pFA

lukestuckenhymer

I'm fortunate to have an ER that pays 100% of my Anthem HDHP with HSA (+ER contributes $1,800/yr)... Costs them $10,611, which is not bad compared with others. Still the unsustainability (premiums going up 14-30% year to year) is staggering. No matter whether you advocate for single-payer or not, yo...

lukestuckenhymer

I see many convincing graphs telling that SCV is drastically outperforming the S&P/TSM since the dawn of man, but I'm having trouble seeing past SCV underperforming TSM in 1-year, 3-year, 5-year returns. SVC is beating TSM in 10-year performance by ~18 bps. Not convincing in my mind. I'll be over he...

lukestuckenhymer

I recognize you probably did not mean to turn this into a political thread, but you just did anyway. I will not be investing in these so-called "ESG" funds as they tend to target mostly ridiculous social justice warrior causes that play both ends (bilking the consumer and taxpayer, one and the same...

lukestuckenhymer

livesoft wrote: ↑
Thu Sep 20, 2018 2:44 pm
reddit to your heart's content.

Browse the cryptocurrency subreddits for some entertaining/frightening reading.

Browse r/investing for people who think you should read Paul Merriman and allocate 100% small cap value.

lukestuckenhymer

Zero minimum is great for people who are just starting their retirement savings as well. I'm recommending these to my girlfriend who is just opening an IRA for the first time. For people who have $5,500 (or less) to open an IRA, you can't find a better deal to achieve immediate, low cost diversific...

lukestuckenhymer

"the funds exclude companies involved in the production of alcohol, tobacco, gambling, adult entertainment, weapons , fossil fuels, and nuclear power." :confused Not a fan of ESG funds, but there are more guns than people in the United States. We may have a problem. The last three in that list pose...

lukestuckenhymer

Zero minimum is great for people who are just starting their retirement savings as well. I'm recommending these to my girlfriend who is just opening an IRA for the first time. For people who have $5,500 (or less) to open an IRA, you can't find a better deal to achieve immediate, low cost diversifica...

lukestuckenhymer

I set up 2 accounts with Ally for the same reason as you... to write a check or get cash when I need to. Immediate transfer from Savings to Checking either online or via mobile app, and then write the check or hit the ATM. Been there done that. Works great. Interest Checking account comes with free...

lukestuckenhymer

One would think so... I would have much rather they dropped the ER of FSTVX to zero since I'm stuck there with large capital gains

lukestuckenhymer

Ally is the probably best as far as online savings account, but transferring the money in and out is a bit of a hassle in order to write checks, so I'm content with Discover MM checking at 1.65%.

lukestuckenhymer

dwickenh wrote: ↑
Sun Sep 09, 2018 8:08 am

Call_Me_Op wrote: ↑
Sun Sep 09, 2018 6:50 am
Rick,

Perhaps time for a Lifestrategy fund.
+1

Or Target Date. Always a solid choice when your friend/relative starts asking for financial advice.

lukestuckenhymer

Starfish wrote: ↑
Tue Aug 28, 2018 8:37 pm
But favorite, the one I cannot understand: insurance against living too long.

It means you accidentally lived to 115 (drawing down on your retirement savings for at least 50 years). Whoops!

I'll forgive myself if I'm 115 and broke

lukestuckenhymer

Yes a CD is an investment.

Whole Life insurance is not an investment.

lukestuckenhymer

Forwarded to my Plan Administrator

lukestuckenhymer

420

Funding secured

lukestuckenhymer

JoeRetire wrote: ↑
Wed Aug 22, 2018 4:41 pm
Was it laziness? She just didn't care?

I have friends and relatives who are so scared of facing death that they refuse to write a will, despite knowing the benefits.

A relative who has terminal cancer refuses and when confronted about it, she becomes very upset.

lukestuckenhymer

Forgive me for stupid question... Can you convert shares of FSTVX to FZROX without recognizing a gain/loss, similar to converting to Premium shares? No, changing share classes is not a taxable event. Exchanging shares is a sell/buy transaction that happens in a single day at both fund's closing pri...

lukestuckenhymer

Forgive me for stupid question...
Can you convert shares of FSTVX to FZROX without recognizing a gain/loss, similar to converting to Premium shares?

lukestuckenhymer

One man's disaster is another man's buying opportunity. It's only a disaster if you sell at the bottom.

And nobody's mumbling "stay the course," if you're visiting this message board, they're screaming it at the top of their lungs! And for good reason.

lukestuckenhymer

Theseus wrote: ↑
Fri Aug 03, 2018 9:09 am
I have some aggressive money in FBIOX and VHT.

I invested in FBIOX coming off its unbelievable performance in 2014-2015, and a few months later it crashed about 45%... Just finally recovered this year. Never again!

lukestuckenhymer

smectym wrote: ↑
Wed Aug 01, 2018 7:08 pm

If we liked Vanguard back when it was "cheapest," and now Acme is "cheapest," we should now like Acme better than Vanguard.

Smectym

We also like Vanguard (and continue to do so) because of its distribution structure and how we never see/pay taxes on LTCG distributions.

lukestuckenhymer

Called the insurance co and raised my deductibles, also removed comprehensive & collision on a couple older vehicles. Total annual bill is now $8k. Better than before, I suppose :| I do have a couple 'incidents' on my driving record that do not help the situation: - Cell phone ticket in 2014 that w...

lukestuckenhymer

I'm 31... I'm 100% equity in retirement accounts. In taxable accounts, I'm 80/20 stock/tax-exempt bond.

Most millennials don't understand it and don't seek to understand it... that's the tragic thing. And once they get a rudimentary understanding, teaching Boglehead discipline is even harder.

lukestuckenhymer

And yet if she was going vanguard to fidelity it would have been super easy. In my experience fidelity are far more competent at transfers. The fact you had to fill out a paper form says it all. I did a Fidelity to Vanguard IRA transfer in March. No paper was required. However, transferring an IRA ...

lukestuckenhymer

z3r0c00l wrote: ↑
Fri Jul 27, 2018 5:47 am
One out of every five humans uses Facebook each day.

And most of them are in India.

lukestuckenhymer

I still can't understand why anybody ever saw any future in FB that wasn't its complete implosion. Facebook is only as good as the people who use it and everybody who uses it will inevitably get bored with it and move on. I'm just surprised it's taken this long. I would have thought that a cesspool ...

lukestuckenhymer

Yep, VMMXX is dominating as far as MMs go...

But when it comes to fixed income, VCAIX is a clear choice for me, even in my relatively low tax bracket (22% Fed/9.3% CA state, tax equivalent yield is almost identical to VBTLX). I hope that stays the same.

lukestuckenhymer

Yes. I take a look at the companies in some of these indexes and think "Really??!!" -- you consider them to be socially responsible? Maybe the companies in the indexes are chosen as the lesser of all the evils, but to me the distinction is meaningless. https://finance.yahoo.com/quote/NBSRX/holdings...

lukestuckenhymer

Refusing to put new money into the bond fund and thinking you will get a higher return in a MM is probably short-sighted. Total Bond Index may be negative over the last year, but forecasting this continuing into the near future is not a good bet. Keep in mind that the yields are going up on both the...

lukestuckenhymer

jalbert wrote: ↑
Fri Jul 06, 2018 12:18 am
Are you sure you aren’t trying to rationalize taking a position you are predicting will win?

Well, doesn't that drive 95% of the traffic to this board or any financial news site?

lukestuckenhymer

I am 60/40 US/Intl, but consistent warnings about the coming decade are making me wonder if I should finally go World Cap and call it a day.

lukestuckenhymer

Another think that irks me about living in CA is that even HSA investment cap gains are taxed. I couldn't believe that when I found out. Fortunately I'm 31 and I don't have a lot of medical expenses yet, so I'll just accumulate and hopefully never need to sell til I'm an old codger... That high dedu...

lukestuckenhymer

VMMXX just broke 2.00%

How many MMs can beat this yield?

lukestuckenhymer

Invest in value stocks rather than growth stocks or, even better, go long value and short growth (using ETFs). Value has underperformed growth for years but often does better in a rising interest rate environment like now (at least in the U.S.). Of all the strange things in this article, this might...

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