Search found 209 matches

by lukestuckenhymer
Thu May 23, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 13476

Re: Is the housing market starting to collapse?

Sold my house one year ago in May 2018 (suburban Chicago). Just this month, my same buyer sold it again for 4.8% above the price he bought it from me. I don't see a collapse.
by lukestuckenhymer
Thu May 23, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: Age in Bond Vs Target date funds
Replies: 9
Views: 472

Re: Age in Bond Vs Target date funds

There is no set methodology. You can see their glide path here:
https://www.bogleheads.org/wiki/Vanguar ... ment_funds

Age in bonds is a bit too conservative for most people. Some people modify it to be Age -10 or Age -20 in bonds.
by lukestuckenhymer
Fri May 17, 2019 4:28 pm
Forum: Investing - Theory, News & General
Topic: Will ETFs Replace Traditional Funds
Replies: 87
Views: 5283

Re: Will ETFs Replace Traditional Funds

I rather like my fractional shares... The only way to entice me to switch would be if I could buy an ETF (assuming it's a share class of a identical mutual fund), and then whatever money is left over could be held in the mutual fund (with no minimum) until that portion reached the price of one share...
by lukestuckenhymer
Fri May 10, 2019 3:55 pm
Forum: Investing - Theory, News & General
Topic: 17 of our 18 equity-focused American Funds have delivered index-beating lifetime results.
Replies: 34
Views: 3249

Re: 17 of our 18 equity-focused American Funds have delivered index-beating lifetime results.

Very important small print:
If a sales charge had been deducted, results would have been lower.
Do a search for other threads about American Funds. Very high loads, high ERs. Not recommended in general.
by lukestuckenhymer
Fri May 10, 2019 1:55 pm
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 79
Views: 9170

Re: Any conservative young investors?

I'm 31. I'm 100% equities aside from a decent emergency fund and it's working for me at this point. I didn't have any investments at the time of the 2008-09 crash, but I've read enough to know that I'm at risk for a 45-50% drawdown at any given moment. It will hurt, but I'm ready for it and I'll tak...
by lukestuckenhymer
Tue May 07, 2019 12:55 pm
Forum: Investing - Theory, News & General
Topic: Equity funds for taxable accounts
Replies: 23
Views: 3033

Re: Equity funds for taxable accounts

Bogleheads....Is a target date index fund good for a taxable account? I have FXIXF (Fidelity Freedom Index fund 2030). I was going for the ultimate in simplicity, but am wondering if I hurt myself taxwise. I wouldn't recommend it for a few reasons. First of all, Fidelity Freedom funds have relative...
by lukestuckenhymer
Thu May 02, 2019 2:28 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 6035

Re: Short BYND? (beyond meat, IPO today)

I mean because fat, calories are meaningful measures of how healthy a food is for you. :oops: Please explain. Am I wrong to think high amounts of saturated fat and calories are bad for you? I eat burgers on occasion, but the point I was trying to make is that buying an expensive plant-based burger ...
by lukestuckenhymer
Thu May 02, 2019 2:00 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 6035

Re: Short BYND? (beyond meat, IPO today)

If I was the kind of person to trade individual stocks (I never was), then maybe. It's $6 for two patties at my supermarket. I looked at the nutrition facts, and it was pretty shocking. I couldn't believe they were trying to portray these overpriced plant burgers as healthy. It's pretty much the sam...
by lukestuckenhymer
Thu May 02, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: [Does paying a child for chores count as earned income?]
Replies: 17
Views: 1817

Re: [Does paying a child for chores count as earned income?]

He's 5... Let him spend his $20 savings on Pokemon. Inform him of what a Roth IRA is so he will be inspired to save and open one some day when he gets a job.
by lukestuckenhymer
Wed May 01, 2019 2:57 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard Patented a Way to Avoid Taxes on Mutual Funds"
Replies: 140
Views: 9902

Re: Bloomberg--Vanguard Patented a Way to Avoid Taxes on Mutual Funds

Some critics call these trades an abuse of the tax code Some critics = Vanguard's competitors ? The tone of the article clearly indicates which side of the argument they are on. Is Bloomberg hoping the Feds crack down? By targeting Vanguard, do they think they are crusaders against the evil tax dod...
by lukestuckenhymer
Wed May 01, 2019 1:11 pm
Forum: Investing - Theory, News & General
Topic: VCTXX currently yields 1.9%
Replies: 5
Views: 787

Re: VCTXX currently yields 1.9%

Wow. Even in lower brackets, the tax equivalent yield now beats VMMXX for CA residents. I think I'll be making the switch.
by lukestuckenhymer
Mon Apr 29, 2019 12:51 pm
Forum: Investing - Theory, News & General
Topic: Alpha Architect: Buyer Beware:The Reality Of Tax Loss Harvesting Benefits
Replies: 22
Views: 2301

Re: Alpha Architect: Buyer Beware:The Reality Of Tax Loss Harvesting Benefits

I feel it works out pretty well for my scenario: I TLH'd in a high-tax state (CA) last year, and I plan on moving to a tax-free state this year (TX).
by lukestuckenhymer
Mon Apr 29, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: Target Date Funds doing it backwards?
Replies: 44
Views: 5319

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: 1729

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: 3253

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: 7546

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: 2958

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: 1124

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: 18785

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: 1307

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: 2531

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: 23203

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: 7430

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: 2642

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: 7690

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: 13484

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: 13484

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: 89
Views: 13934

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: 1597

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: 531

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: 768

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: 609

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: 609

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: 2933

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: 281
Views: 19264

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: 673

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: 568

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: 1598

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: 5502

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: 5502

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: 18300

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: 1286

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: 23203

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: 16593

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: 16593

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: 6730

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: 4335

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: 4067

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: 6257

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: 2559

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