Search found 888 matches

by exigent
Sun Jan 23, 2011 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those married: do you have separate accounts?
Replies: 90
Views: 11957

*** aaargh. duplicate. not sure why that keeps happening. ***
by exigent
Sun Jan 23, 2011 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those married: do you have separate accounts?
Replies: 90
Views: 11957

Nope. Joint everything except for retirements accounts, which have to be individually titled. Fletch brings up a good point, though. There are estate planning instances where you might want separate accounts, or at least tenants-in-common instead of joint tenants with rights of survivorship. If you ...
by exigent
Sun Jan 23, 2011 6:36 pm
Forum: Personal Investments
Topic: Specific ID for Vanguard Charitable Donation
Replies: 10
Views: 1388

Just closing the loop on this... We sent a letter to Vanguard documenting identifying the shares in late December. We never received confirmation. I called and the guy couldn't find any record of it, but he knew exactly what I needed, and he took my info over the phone and promised to send a letter....
by exigent
Sun Jan 23, 2011 4:10 pm
Forum: Personal Investments
Topic: Transfer by ACH or Wire, preference?
Replies: 20
Views: 4675

Are you talking fedwires, or swift wires? We should try to be specific in this thread. I'm talking about when I go to the bank and say "I need to wire some money." It usually happens within a few hours tops. ACH is more of a pain to setup if you don't bank at a bank that offers p2p transfers , beca...
by exigent
Sun Jan 23, 2011 4:01 pm
Forum: Investing - Theory, News & General
Topic: Tax Managed Redemption Fees
Replies: 7
Views: 1191

Re: Tax Managed Redemption Fees

Does the redemption fee apply to shares that were bought with dividend reinvestment (from the same fund)? I need to sell some shares of a tax managed fund. I have not purchased any new shares with added money since 2004. If I sell some shares and specify lots that were dividend reinvestments that w...
by exigent
Sun Jan 23, 2011 3:47 pm
Forum: Personal Investments
Topic: Fidelity Alternative to Cash Reserves
Replies: 19
Views: 5461

stratton wrote:Fidelity has institutional versions with higher minimums: $25K or $1 million you can buy that pay out more.

More info on the topic at Fidelity in general.

Paul
Weird. It looks like the $25k minimum money market actually pays slightly less.
by exigent
Sun Jan 23, 2011 3:40 pm
Forum: Investing - Theory, News & General
Topic: deciding to use individual bonds vs bond funds
Replies: 43
Views: 5474

We buy Series I Savings Bonds, but other than that it's funds all the way. Dealing with individual bonds is too much work.
by exigent
Sun Jan 23, 2011 3:37 pm
Forum: Personal Investments
Topic: Transfer by ACH or Wire, preference?
Replies: 20
Views: 4675

For starters, the cost typically isn't the same, so that definitely influences my decision. Setting that aside, the primary issue for me is urgency. If I needed the money moved quickly, then I'd almost certainly go with a wire. If there's no urgency, then I'd probably go with ACH because wires can b...
by exigent
Sun Jan 23, 2011 3:28 pm
Forum: Personal Investments
Topic: Fidelity Alternative to Cash Reserves
Replies: 19
Views: 5461

I'm not sure you can expect much better than Cash Reserves unless you're willing to risk fluctuation of principal. A short term bond fund would earn a bit more, but if rates rise the share prices will dip. Check the duration of the fund. If you might need the money sooner than that, then it's probab...
by exigent
Sun Jan 23, 2011 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Am I overinvesting (into retirement accounts?)
Replies: 12
Views: 3104

what are the risks to your 457 plan? Excellent question. This sounds like a public university, in which case the plan should be "eligible," which mitigates the risks associated with a forced early distribution (there was another thread on this recently). It's certainly worth checking, though. You d...
by exigent
Sun Jan 23, 2011 3:18 pm
Forum: Personal Consumer Issues
Topic: Advice needed - Snowstorm threatens vacation
Replies: 9
Views: 1445

Keep an eye on your airline's rebooking policy in light of the storm. Depending on how bad it's going to be, they may suspend the rebooking fees for a specified window. This usually happens in the wake of a storm when they're trying to get stranded travelers out and are hoping that people in the are...
by exigent
Sun Jan 23, 2011 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Conceirge services via credit card benefits
Replies: 3
Views: 954

blevine wrote:So Amex has a Stubhub.com account ?
That's exactly what I was thinking.
by exigent
Sun Jan 23, 2011 9:07 am
Forum: Investing - Theory, News & General
Topic: Starting a new 403(B)7 plan for new Employer
Replies: 2
Views: 587

I can't remember the details, but my employer dropped (or lost) Vanguard as a 403(b) custodian a couple years ago due to (I think) a change in IRS guidelines related to - maybe - reporting? IIRC, there were new requirements that Vanguard wouldn't handle and my employer didn't want to deal with it so...
by exigent
Sat Jan 22, 2011 12:22 am
Forum: Personal Investments
Topic: Investing for Short/Intermediate Term Goals
Replies: 17
Views: 3200

You might want to consider a 5 yr CD at Ally. Currently paying 2.39% APY with a 60 day interest penalty if you break it early. As long as you leave it in place for at least 4 months, you come out ahead of a high yield savings account. Anything beyond that is gravy. If rates rise, just break it and b...
by exigent
Fri Jan 21, 2011 4:51 pm
Forum: Personal Investments
Topic: parking funds destined for bonds?
Replies: 8
Views: 1150

chaz wrote:Market timing is difficult.
Indeed. But I'm more comfortable deploying the money over time vs. all at once. It's not like I'm sitting on it waiting for a big drop that may never materialize.
by exigent
Fri Jan 21, 2011 4:43 pm
Forum: Personal Investments
Topic: Best Online Bank to buy CDs from
Replies: 35
Views: 4969

Also be aware that the penalty at Ally will eat into your principal if you break it in less than 60 days - I just bought some today and can see that the current redemption amount is less than I put in. One the upside, as long as you leave it in place for at least ca. 4 months, your coming ahead of t...
by exigent
Fri Jan 21, 2011 4:31 pm
Forum: Personal Investments
Topic: parking funds destined for bonds?
Replies: 8
Views: 1150

I'm not sure I understand why you think you need an intermediate step. If the money is in cash, I'd say just DCA it in at a rate you feel comfortable with - or ... maybe TIPS and TBM are cheap right now, and since DCAing is more for stress mitigation than anything, dive in and move it all overnight...
by exigent
Fri Jan 21, 2011 3:55 pm
Forum: Personal Investments
Topic: parking funds destined for bonds?
Replies: 8
Views: 1150

parking funds destined for bonds?

I have a little over $150k in a solo 401(k) that needs to go into bonds - ultimately TBM and Inflation Protected, but I'm thinking of moving it over gradually. Recommendations for a place to park it in the mean time? Maybe something like short term investment grade (VFSUX)?
by exigent
Fri Jan 21, 2011 3:45 pm
Forum: Personal Investments
Topic: Best Online Bank to buy CDs from
Replies: 35
Views: 4969

That "amount withdrawn" lingo from Discover (in the post above) got me to thinking... Some banks let you withdraw a portion of your money and pay a penalty on it without breaking the entire CD. Ally doesn't do this - just called to confirm. So if you want flexibility, just split your money up into m...
by exigent
Fri Jan 21, 2011 12:39 pm
Forum: Personal Investments
Topic: Best Online Bank to buy CDs from
Replies: 35
Views: 4969

I like Ally. Competitive rates and only a 2 month penalty if rates rise and you break your CD early.
by exigent
Fri Jan 21, 2011 12:37 pm
Forum: Personal Investments
Topic: 100% Total Stock Index. Am I Being Reckless?
Replies: 131
Views: 14493

I would recommend reading up on asset allocation - at the very least, pick up a copy of Four Pillars by Bernstein. In response to your question, yes that is way to concentrated for my tastes, but I'm not you. I've never held an all stock portfolio regardless of age. I'm curious, how long have you be...
by exigent
Fri Jan 21, 2011 8:25 am
Forum: Personal Investments
Topic: an argument against tilting
Replies: 84
Views: 7817

Re: an argument against tilting

Jacobkg wrote:
exigent wrote:For the past few days, I've been beating my head against the wall about whether or not to tilt toward small cap value (SCV) in a taxable account
One advantage of total market investing: fewer headaches.
Indeed. :)
by exigent
Thu Jan 20, 2011 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: stupid mortgage company request
Replies: 31
Views: 6719

I will ask, but so much of it is outsourced. I honestly don't know who to ask. Payroll is outsourced to some company in Florida. Benefits is outsourced to some company in NJ. Retirement savings is handled by ING. HR isn't really HR anymore. All they seemed concerned with is recruiting. Right. All I...
by exigent
Thu Jan 20, 2011 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: stupid mortgage company request
Replies: 31
Views: 6719

What HR? I work in a megacorporation. Surely even megacorporations have Human Resources departments. Give them a call, ask, and if you don't get a favorable response then tell the lender that, as a matter of policy, your employer doesn't write such letters. See where they take it from there.[/quote]
by exigent
Thu Jan 20, 2011 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: "Occupation" Question on Tax Return
Replies: 13
Views: 2796

SobeCane wrote:is it for statistical reporting? i always just write "professional"
Hah. I think I'll start writing "amateur" just to provide some balance. :wink:
by exigent
Thu Jan 20, 2011 3:31 pm
Forum: Personal Investments
Topic: an argument against tilting
Replies: 84
Views: 7817

The SCV has been held in a Roth, but that space is needed for bonds, so it either needs to reside in taxable, or be replaced with more TSM (which would likewise reside in taxable).
by exigent
Thu Jan 20, 2011 3:20 pm
Forum: Personal Investments
Topic: an argument against tilting
Replies: 84
Views: 7817

Re: an argument against tilting

Move TI to Taxable and increase SCV in Tax-Advantaged. Money is fungible. The question becomes a different one if your Tax-Advantaged space is not even enough for your bonds. But for the time being, the amount of tilt should have no tax consequences for you. Having said that, in 2010, in what order...
by exigent
Thu Jan 20, 2011 2:12 pm
Forum: Personal Investments
Topic: an argument against tilting
Replies: 84
Views: 7817

I don't think one needs to do a majority or full tilt to SCV to do a tilt. I want to reap the (in my mind) likely outperformance of SCV over TSM and so I tilt to SCV, although less than 50%. Having said that, it's not a guarantee, and I don't want to be sitting over a bowl of "cat food chowder" whi...
by exigent
Thu Jan 20, 2011 1:49 pm
Forum: Personal Investments
Topic: an argument against tilting
Replies: 84
Views: 7817

So... I've been thinking more about this since my original post and am wondering aloud whether I should drop SCV or increase it. It seems like most responses have advocated something along the lines of 50:50 TSM:SCV (or even more extreme) if you're interested in tilting. Of course, the expected impa...
by exigent
Thu Jan 20, 2011 10:36 am
Forum: Investing - Theory, News & General
Topic: Conversion to admiral share class and tax outcomes?
Replies: 10
Views: 2862

Any tips for documenting this with Vanguard? Would you say something like you're selling X shares of the Admiral fund that trace back to Y pre-conversion shares that were purchased on AA/BB/CCCC date at a price of $ZZ.ZZ per share? I guess it really only matters to the extent that you have to provid...
by exigent
Thu Jan 20, 2011 10:26 am
Forum: Personal Investments
Topic: Taylor, one vanguard fund?
Replies: 6
Views: 2652

Since the money is already in multiple accounts (IRA + taxable) it doesn't really add complexity to have two funds (one per account). Maybe keep something more tax efficient in the taxable account while ignoring that worry in the IRA. I don't really have fund suggestions to fit these criteria, but I...
by exigent
Thu Jan 20, 2011 10:22 am
Forum: Forum Issues and Administration
Topic: Proposed addition to forum Copyright Policy
Replies: 48
Views: 5882

As for me, I support the people who run this forum earning a very, very large profit. Would you get any less use out of this forum if those who ran it made money off it? I don't see how the financial details make any difference whatsoever. Agreed. If the forum winds up turning a profit, so much the...
by exigent
Thu Jan 20, 2011 7:12 am
Forum: Personal Investments
Topic: Risk of short term bond funds- worth it?
Replies: 20
Views: 4446

tc101 I am looking for a place to put some cash and have been reading a lot about Ally cds. Why are they so popular? Two big reasons: Competitive rates and only a 2 month early withdrawal penalty. In other words, you can park money in a 5 yr CD for the higher rate and pay a pittance to get it back ...
by exigent
Wed Jan 19, 2011 8:45 pm
Forum: Forum Issues and Administration
Topic: Proposed addition to forum Copyright Policy
Replies: 48
Views: 5882

Rick Ferri wrote:OK by me.

Rick Ferri, author of:

The Power of Passive Investing
All About Asset Allocation
All About Index Funds
The ETF Book
The Bogleheads Guide to Retirement Planning (co-editor)
Protecting Your Wealth
Serious Money

:wink:
Quick, turn those into links! :wink:
by exigent
Wed Jan 19, 2011 8:38 pm
Forum: Personal Investments
Topic: Seriously, VBS? Tweak elections during biz hours only?
Replies: 7
Views: 1376

xerty24 wrote:
Sam2 wrote:Unfortunately Vanguard web is lagging behind Fidelity and others.
Vanguard - We skimp on IT spending and pass the savings on to you!
If only this were an IT limitation. The ability to change this online exists, but for some reason they've ADDED a limitation to stop you from doing it after hours.
by exigent
Wed Jan 19, 2011 7:03 pm
Forum: Personal Investments
Topic: Where are low-cost low-dividend-yield Index Funds?
Replies: 31
Views: 6864

That is what they say on the prospectus but they also say that they cannot guarantee a low distribution yield -- not sure what they mean by this (not sure about precise phrasing but it went something like that). If valuations drops by 50%, do they keep their percentage dividend yield or do they kee...
by exigent
Wed Jan 19, 2011 6:39 pm
Forum: Personal Investments
Topic: Seriously, VBS? Tweak elections during biz hours only?
Replies: 7
Views: 1376

Seriously, VBS? Tweak elections during biz hours only?

Okay, this just blows my mind. We recently converted out FTSE ex-US share to VEU for the cost savings (held in taxable, so I didn't want to sell and re-buy Total Intl). The share conversion is now complete, and I don't want to reinvest the dividends, so I logged into vanguard.com to make the change,...
by exigent
Wed Jan 19, 2011 6:26 pm
Forum: Investing - Theory, News & General
Topic: Will boomers retirement fuel their own bear market?
Replies: 47
Views: 6464

Something that's working in our favor is that an awful lot of boomers don't have a heck of a lot in the way of savings/investment, so they don't have a huge amount to liquidate. (ETA: wonk beat me to it...) We also have an entire new generation coming along that will presumably more plugged into the...
by exigent
Wed Jan 19, 2011 6:22 pm
Forum: Personal Investments
Topic: Where are low-cost low-dividend-yield Index Funds?
Replies: 31
Views: 6864

Does the "Internatial Tax-managed" mean that they try to cut dividends or reinvest dividends or accumulate capital or what does it mean? I believe that tax managed funds in general try to minimize distributions of any sort (dividends and capital gains). They also usually have penalties for selling ...
by exigent
Wed Jan 19, 2011 6:00 pm
Forum: Personal Investments
Topic: Investing 89 year old Mom
Replies: 12
Views: 1668

CDs are insured to 250K per financial institution. So I suggest you put 250K in several different CDs at one financial institution such as PenFed or Ally (for example, you could put 50K each in a 6-month CD, a 1-year CD, a 2-year CD, a 3-year CD, and a 5-year CD). And then put the remaining 50K in ...
by exigent
Wed Jan 19, 2011 5:53 pm
Forum: Personal Investments
Topic: Where are low-cost low-dividend-yield Index Funds?
Replies: 31
Views: 6864

To get yield, you divide dividend per share by share price (NAV). I haven't looked, but I'm pretty sure that these funds don't cost $15k/share. Is that the minimum investment or something?
by exigent
Wed Jan 19, 2011 5:44 pm
Forum: Personal Investments
Topic: Please comment on my asset allocation!
Replies: 19
Views: 2020

dumbttt wrote:Expensive ratio = 0.75%
Freudian slip?
by exigent
Wed Jan 19, 2011 4:25 pm
Forum: Forum Issues and Administration
Topic: Proposed addition to forum Copyright Policy
Replies: 48
Views: 5882

This site is a fantastic - and free - resource, so I don't think we should be getting high and mighty about the inclusion of some links that might help to support ongoing operations. For example, if someone talks about ING Direct in a post, what is the harm in making that an affiliate link, such tha...
by exigent
Wed Jan 19, 2011 4:21 pm
Forum: Personal Investments
Topic: an argument against tilting
Replies: 84
Views: 7817

so our portfolio has looked more like this: 30% total stock market 10% small cap value 20% total international stock market 40% bonds (currently total bond market, but considering a shift toward TIPS) ..... So... Back to the assumptions outlined above. 2% outperformance in 10% of our equities equat...
by exigent
Wed Jan 19, 2011 2:38 pm
Forum: Personal Investments
Topic: an argument against tilting
Replies: 84
Views: 7817

TSM:SCV 50:50 makes sense from a balance sense and indecisiveness perspective. TSM:SCV 0:100 is logical to me as well. How someone arrives at any other ratio always makes me wonder a little bit. I think a lot of the times, the extent people tilt is affected by the choices they have. For my US equit...
by exigent
Wed Jan 19, 2011 2:03 pm
Forum: Forum Issues and Administration
Topic: Proposed addition to forum Copyright Policy
Replies: 48
Views: 5882

Go for it. Just be cognizant of the current FTC rules wrt disclosing the financial relationship so you don't get in trouble. This could probably be done via a blanket disclosure added to the forum template that says something about how the Bogleheads Forum may be compensated for links leading to ext...
by exigent
Wed Jan 19, 2011 12:11 pm
Forum: Personal Investments
Topic: an argument against tilting
Replies: 84
Views: 7817

grap0013: What do you base the +4 number on?
by exigent
Wed Jan 19, 2011 11:50 am
Forum: Personal Investments
Topic: an argument against tilting
Replies: 84
Views: 7817

Excellent point re: extent of tilting, and I do like Larry Swedroe's arguments about reducing equities through extreme tilting (though I'm still not willing to take that plunge). When we had SCV in the Roth and could do our rebalancing on the tax advantaged side, there was no added cost or complexit...
by exigent
Wed Jan 19, 2011 11:25 am
Forum: Investing - Theory, News & General
Topic: What changes do you predict Vanguard will make in 2011?
Replies: 25
Views: 3869

Consolidating brokerage and mutual fund accounts --- together with allowing immediate purchase of a vanguard open ended fund after selling a brokerage product. Another excellent suggestion. I still can't figure out why their funds and brokerage are such separate entities. Would be nice if they coul...
by exigent
Wed Jan 19, 2011 11:21 am
Forum: Investing - Theory, News & General
Topic: What changes do you predict Vanguard will make in 2011?
Replies: 25
Views: 3869

Chuck wrote:Conversion of ETF shares to mutual fund shares. :)
That would be very nice...