Search found 1904 matches

by sperry8
Mon Jun 24, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 25830

Re: Crypto bulls are back. Are you getting in?

JHU ALmuni wrote:
Sat Jun 22, 2019 4:27 pm
Definitely got in and already more than tripled my money. High risk = high return.
You haven't tripled anything... until you sell. Sell, and then let us know about your triple. Otherwise in a month you could be back down to where you started. The volatility in BC is insane
by sperry8
Sat Jun 22, 2019 7:16 pm
Forum: Personal Investments
Topic: Help understanding mutual fund tax-adjusted return
Replies: 25
Views: 2146

Re: Help understanding mutual fund tax-adjusted return

Looking at the returns it appears both funds have performed similarly over 10 years. However, when one takes the after tax returns into account the S&P500 has handily beat the Health Care fund. If I didn't take this into account I would be "indifferent" re deciding which to sell. But with taxes the...
by sperry8
Sat Jun 22, 2019 11:45 am
Forum: Personal Investments
Topic: Help understanding mutual fund tax-adjusted return
Replies: 25
Views: 2146

Re: Help understanding mutual fund tax-adjusted return

It should be a mistake to publish a tax adjusted return because the tax cost to an individual associated in some way with income from owning the fund would depend on the specific individual tax situation and what scenario one imagines for when the fund is owned, etc. I am a little confused about ho...
by sperry8
Sat Jun 22, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Estimating long term capital gains for mutual fund
Replies: 10
Views: 1118

Re: Estimating long term capital gains for mutual fund

thanks everyone. I was thinking that if primecap core had a 53 cent capital gain already as of end of february it might be another big year. It is really messing with my ability to predict my MAGI for ACA and i am looking for a way to get at least a guess of how big the distribution will be. I wish...
by sperry8
Sat Jun 22, 2019 9:01 am
Forum: Personal Investments
Topic: Help understanding mutual fund tax-adjusted return
Replies: 25
Views: 2146

Re: Help understanding mutual fund tax-adjusted return

4. Ignore any data from morningstar on tax adjusted returns. They don't know your state income tax, don't account for qualified dividends, and assume you are in the highest tax bracket. I see M*'s tax adjusted returns assume one is in the highest tax bracket. But these are "without" state income ta...
by sperry8
Sat Jun 22, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Estimating long term capital gains for mutual fund
Replies: 10
Views: 1118

Re: Estimating long term capital gains for mutual fund

As they are made, distributions will be posted on your Vanguard account. That gives some information about actual distributions that have occurred, and you can get an October estimate of remaining ones, as others have mentioned. Other than that, it is a guess since the fund managers don't know at t...
by sperry8
Fri Jun 21, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Does Fidelity monitor log in locations?
Replies: 6
Views: 1011

Re: Does Fidelity monitor log in locations?

I spend a lot of time in Thailand so I'm curious whether that would be a red flag if I log into my Fidelity account there, anyone know? Is this a situation where one should call and notify the company in advance? I know Vanguard blocks access from Thailand without the use of a VPN. I've also had nu...
by sperry8
Fri Jun 21, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating long term capital gains for mutual fund
Replies: 10
Views: 1118

Re: Estimating long term capital gains for mutual fund

I own vanguard primecap core in a taxable account. the 2018 capital gain was signficantly increased over 2017. I have been trying to see if mutual funds have to report the sale of stocks as they occur throughout the year so that i can at least guess my minimum taxable gain. I came across this table...
by sperry8
Tue Jun 18, 2019 12:08 pm
Forum: Personal Consumer Issues
Topic: Use "promo codes" to save money
Replies: 24
Views: 8856

Re: Use "promo codes" to save money

Another new one to check out is an app called Drop. You choose 5 retailers to earn points at (e.g., I earn points when I shop at Whole Foods, Uber, Lyft, Target and Macy's). Some get offered Amazon and eBay. Anyway, points can then be redeemed for gift cards. I've received over $100 in iTunes gift c...
by sperry8
Sun May 19, 2019 10:51 pm
Forum: Investing - Theory, News & General
Topic: How to read the Morningstar Fund Category Performance Charts
Replies: 4
Views: 839

Re: How to read the Morningstar Fund Category Performance Charts

All fund returns are quoted net of expenses so yes they're accounted for in those numbers. Except when somebody doing a special analysis of their own attempts to add the expense back in to do some analysis of raw, before-costs performance. In that case it is probably clearly labeled. Anyway, one wo...
by sperry8
Fri May 17, 2019 10:12 am
Forum: Investing - Theory, News & General
Topic: We’ve won the game...but how do we stop playing?
Replies: 76
Views: 8663

Re: We’ve won the game...but how do we stop playing?

Hi all. I love William Bernstein’s quote “ If you’ve won the game, stop playing .” But here is the issue: My grandmother has held seceral sector funds at Vanguard for decades (Healthcare, etc.) She has done extraordinarily well over many many years. (She has a very low portion in bonds. She is prob...
by sperry8
Fri May 17, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: We’ve won the game...but how do we stop playing?
Replies: 76
Views: 8663

Re: We’ve won the game...but how do we stop playing?

Hi all. I love William Bernstein’s quote “ If you’ve won the game, stop playing .” But here is the issue: My grandmother has held seceral sector funds at Vanguard for decades (Healthcare, etc.) She has done extraordinarily well over many many years. (She has a very low portion in bonds. She is prob...
by sperry8
Tue May 14, 2019 6:19 pm
Forum: Personal Consumer Issues
Topic: Using my Cell Phone in England
Replies: 47
Views: 2408

Re: Using my Cell Phone in England

You could change your service to Google Fi here in the US and then just smile when you land in the UK and it connects automatically to a local cell provider. I'll be doing this in a few months... Google Fi is the way to go for frequent international travelers. Simply can't be beat for price, ease, ...
by sperry8
Tue May 14, 2019 12:24 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4560

Re: Selling Series I Bonds

Very interesting. So it seems on July 1, my Jan bonds will drop to 1.4% is that correct? Is there a way to see the interest rate history of these bonds so I can see the interest rate earned throughout the years? This nifty site should help: http://eyebonds.info/ibonds/index.html Exactly what I need...
by sperry8
Tue May 14, 2019 8:23 am
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4560

Re: Selling Series I Bonds

I am considering liquidating my iBonds as they are now over 5 years old. Interest rates show as follows: Jan 2013 - 2.32% Jan 2012 - 2.32% May 2011 - 1.4% I assume the "fixed" rate component is 0% for all these years, correct? So the interest rates I see are "floating" and change every 6 months bas...
by sperry8
Mon May 13, 2019 11:08 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4560

Re: Selling Series I Bonds

I am considering liquidating my iBonds as they are now over 5 years old. Interest rates show as follows: Jan 2013 - 2.32% Jan 2012 - 2.32% May 2011 - 1.4% I assume the "fixed" rate component is 0% for all these years, correct? So the interest rates I see are "floating" and change every 6 months bas...
by sperry8
Mon May 13, 2019 7:54 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4560

Re: Selling Series I Bonds

I am considering liquidating my iBonds as they are now over 5 years old. Interest rates show as follows: Jan 2013 - 2.32% Jan 2012 - 2.32% May 2011 - 1.4% I assume the "fixed" rate component is 0% for all these years, correct? So the interest rates I see are "floating" and change every 6 months base...
by sperry8
Mon May 06, 2019 4:58 pm
Forum: Investing - Theory, News & General
Topic: Taxable-equivalent yield calculator (Vanguard)
Replies: 8
Views: 1478

Re: Taxable-equivalent yield calculator (Vanguard)

I developed various TEY formulas in this post: Taxable Equivalent Yield (TEY) . It's pretty straightforward to calculate TEY yourself, but as indicated above, it's important to use your actual marginal tax rate(s), which could very well be different than your tax bracket(s). I agree that the best w...
by sperry8
Mon May 06, 2019 2:00 pm
Forum: Investing - Theory, News & General
Topic: Taxable-equivalent yield calculator (Vanguard)
Replies: 8
Views: 1478

Re: Taxable-equivalent yield calculator (Vanguard)

SnowBog wrote:
Sun May 05, 2019 9:47 pm
Someone previously shared this link in another thread, it has the 3.8% NIIT...

https://funds.eatonvance.com/tax-equiva ... ulator.php
So how would we use this for Vanguard funds? Would we add in the 7 day SEC yield and then our tax bracket to get the equivalent yield?
by sperry8
Sun May 05, 2019 8:30 pm
Forum: Investing - Theory, News & General
Topic: Taxable-equivalent yield calculator (Vanguard)
Replies: 8
Views: 1478

Re: Taxable-equivalent yield calculator (Vanguard)

This calculator is defunct. Does VG offer another one via a different URL? It also shows on the Bogleheads Tools page (but the link is broken).
by sperry8
Sat Apr 27, 2019 11:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 361
Views: 65098

Re: Vangaurd Municipal Money Market VMSXX 1.39%

Inspired by neurosphere 's chart, I made an updated chart... Great, thanks! I was in the process of updating the chart and then got distracted and moved on to something else. Thanks for adding the quarter-lines. It emphasises that indeed there is a quarterly spike in muti rates. I also "see" this e...
by sperry8
Thu Apr 25, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: Digital Nomad - Automobile Insurance Issues
Replies: 18
Views: 1359

Re: Digital Nomad - Automobile Insurance Issues

their imited systems have no category for "always travelling". But I think the state of Oregon (or maybe WA) now has a category of "constant traveller" for DRIVER LICENSES (a different issue, of course), unlike other states that require you to prove you reside at a physical address in the Multiple ...
by sperry8
Thu Apr 25, 2019 5:31 pm
Forum: Personal Consumer Issues
Topic: Digital Nomad - Automobile Insurance Issues
Replies: 18
Views: 1359

Re: Digital Nomad - Automobile Insurance Issues

She did call her insurer. They asked where the car was garaged. She ended the call and called me... Another issue came up as we began to look into it. Apparently, these companies that are offering physical address and mailbox services to establish domicile, are being flagged by banks and insurers a...
by sperry8
Thu Apr 25, 2019 12:35 am
Forum: Personal Consumer Issues
Topic: Digital Nomad - Automobile Insurance Issues
Replies: 18
Views: 1359

Re: Digital Nomad - Automobile Insurance Issues

My twin sister has become a digital nomad and gave up her permanent home, so therefore, her street address. She travels by automobile to various work sites, staying in hotels for a few weeks at a time. Her auto insurance is coming up for renewal. Somehow I assume they won't accept her current addre...
by sperry8
Mon Apr 22, 2019 11:28 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 10139

Re: Thinking about selling stocks near all time highs

Thanks for all of the responses. I will need to decide on a more realistic asset allocation that I can stomach. I think that 90/10 is still too risky for me given the 7 figure net worth that I have mostly invested in the stock market. I cannot stomach losing over $500,000 in another great recession...
by sperry8
Sun Apr 21, 2019 3:12 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 10139

Re: Thinking about selling stocks near all time highs

Thanks for all of the responses. I will need to decide on a more realistic asset allocation that I can stomach. I think that 90/10 is still too risky for me given the 7 figure net worth that I have mostly invested in the stock market. I cannot stomach losing over $500,000 in another great recession...
by sperry8
Sun Apr 21, 2019 7:31 am
Forum: Investing - Theory, News & General
Topic: VHT / XBI / XLV holders (healthcare)
Replies: 27
Views: 2054

Re: VHT / XBI / XLV holders (healthcare)

10% of my portfolio is in VGHAX. One of the first funds I bought in the mid 1990s (as investor shares) along with an SP%00 fund and Fidelity Low Price Stock. I have since switched mostly to index funds, but still have it as it has returned something like 15-16% since that time frame. My fiancee is ...
by sperry8
Sat Apr 20, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: VHT / XBI / XLV holders (healthcare)
Replies: 27
Views: 2054

Re: VHT / XBI / XLV holders (healthcare)

10% of my portfolio is in VGHAX. One of the first funds I bought in the mid 1990s (as investor shares) along with an SP%00 fund and Fidelity Low Price Stock. I have since switched mostly to index funds, but still have it as it has returned something like 15-16% since that time frame. My fiancee is ...
by sperry8
Sat Apr 20, 2019 6:58 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 10139

Re: Thinking about selling stocks near all time highs

The Wizard wrote:
Fri Apr 19, 2019 12:42 am
We haven't recovered to new all-time high yet on any of the three major US indices...
Only on a price basis. Including dividends we have reached an all time high (at least on the S&P 500).
by sperry8
Wed Apr 17, 2019 10:50 pm
Forum: Personal Investments
Topic: What should I sell - need advice?
Replies: 13
Views: 1540

Re: What should I sell - need advice?

It sounds as if you are intent on rebalancing as you are 5% off your IPS target. It seems that you have a great deal of exposure to stocks in your taxable accounts. There are significant advantages by retaining your equities in taxable (possible TLH, long cap gains taxes, lower dividend taxes, etc....
by sperry8
Wed Apr 17, 2019 12:32 pm
Forum: Personal Investments
Topic: What should I sell - need advice?
Replies: 13
Views: 1540

Re: What should I sell - need advice?

I think he means that the fund overall has $300k in capital gains. Anyway, I don't think it's a big deal 70/30 or 75/25... it sounds like the same thing to me. You can just put any future savings into bonds, and you'll get back to 70/30 in no time. Also, don't reinvest dividends in the same fund - ...
by sperry8
Sat Apr 13, 2019 9:53 pm
Forum: Personal Investments
Topic: What should I sell - need advice?
Replies: 13
Views: 1540

Re: What should I sell - need advice?

Other options are: 1. let the market rebalance for you (in the next decline, your AA may reduce somewhat if not entirely) 2. add new money to the asset class (bonds) that's underweighted according to your AA. You do realize that since stocks rise more than bonds generally speaking, you'll have to k...
by sperry8
Sat Apr 13, 2019 9:27 pm
Forum: Personal Investments
Topic: What should I sell - need advice?
Replies: 13
Views: 1540

What should I sell - need advice?

Hello, My AA calls for 70/30. Due to the run up in equities, I'm now at ~75/25. That's too much so I want to take 5% off the table. I was thinking of selling my S&P 500 Admiral Index fund. However, it has ~$300,000 in LT cap gains so I'll owe quite the taxes. Not complaining, just saying. Alternativ...
by sperry8
Fri Apr 12, 2019 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Best online banking accounts?
Replies: 53
Views: 7477

Re: Best online banking accounts?

Useful thread. I just returned from a trip to France and Italy and after dealing with some mega-b.s. from Capital One I am switching banks ASAP. The Capital One 360 website practically brags that you no longer need to notify them in advance of travel to another country thanks to the chip technology...
by sperry8
Wed Apr 10, 2019 8:43 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 25830

Re: Crypto bulls are back. Are you getting in?

When I hear of an investment that has no barrier to entry.. that is, anyone in any country can put a small # of dollars in... and they can get rich beyond their wildest dreams (as some did when it went up to $19k if they were lucky enough to sell), then I run away. There is no such thing as a get ri...
by sperry8
Sat Apr 06, 2019 10:11 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 123
Views: 12323

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

I don't call it funny money. I simply have a portion of my money that I'm willing to take more risk with. I generally follow the Bogleheads principles overall with a value/small tilt. The higher risk money is in pre-IPO stocks, such as Lyft (which just IPO'ed), Uber, 23andMe, Postmates, etc. I buy s...
by sperry8
Tue Apr 02, 2019 8:47 am
Forum: Personal Investments
Topic: Schwab users: Does Schwab discourage the purchase of money market funds?
Replies: 44
Views: 4499

Re: Schwab users: Does Schwab discourage the purchase of money market funds?

So what is Schwabs comparable money fund to Vanguards Prime MM? I see SWRXX, SWSXX and SWVXX (although they are hard to tell apart). Which is the one I'd want (the one that corresponds to Vanguard Prime MM?) Are there any limits to my buy/sell? (since I'd want to keep this liquid as I use the funds...
by sperry8
Tue Apr 02, 2019 8:46 am
Forum: Investing - Theory, News & General
Topic: What is the Boglehead opinion of the inverted yield curve?
Replies: 77
Views: 8912

Re: What is the Boglehead opinion of the inverted yield curve?

Just read an article that mentioned after the last four inversions stocks climbed a minimum of 9% over the next 12 months. I read a newsletter that claimed the stat was double that (maybe that was an average rather than minimum). Either way, nice gains over the more recent inversions one year out. W...
by sperry8
Tue Apr 02, 2019 8:40 am
Forum: Personal Investments
Topic: Schwab users: Does Schwab discourage the purchase of money market funds?
Replies: 44
Views: 4499

Re: Schwab users: Does Schwab discourage the purchase of money market funds?

So what is Schwabs comparable money fund to Vanguards Prime MM? I see SWRXX, SWSXX and SWVXX (although they are hard to tell apart). Which is the one I'd want (the one that corresponds to Vanguard Prime MM?) Are there any limits to my buy/sell? (since I'd want to keep this liquid as I use the funds ...
by sperry8
Tue Apr 02, 2019 8:35 am
Forum: Personal Consumer Issues
Topic: Dealing with craigslist scammers
Replies: 22
Views: 2020

Re: Dealing with craigslist scammers

Like the prior poster, I have never had a scammer on CL either. Nothing but excellent experiences, always collect in cash. I've made thousands selling my used stuff on CL. Just ignore the check scammers and do business with those that are honest. 98%+ are.
by sperry8
Sat Mar 30, 2019 11:16 pm
Forum: Personal Consumer Issues
Topic: Anyone looking to retire in FL?
Replies: 18
Views: 2504

Re: Anyone looking to retire in FL?

Living in CA, HCOL, dreaming of retiring in a no state tax place close to the water and FL comes to mind, dont mind the hot, humid months (have a condo overseas in Asia where DW and I can live for a few months during the hot summers if needed), looking into Sarasota/Tampa/St Pete area, would likely...
by sperry8
Fri Mar 29, 2019 1:26 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

Here is a Bloomberg article on the German yield curve which is not inverted: https://www.bloomberg.com/news/articles/2019-03-29/now-the-german-yield-curve-is-flattening-to-a-post-crisis-low?srnd=markets-vp While further flattening of the curve on Europe’s benchmark bond could well take place, strat...
by sperry8
Fri Mar 29, 2019 12:57 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

Here is a Bloomberg article on the German yield curve which is not inverted: https://www.bloomberg.com/news/articles/2019-03-29/now-the-german-yield-curve-is-flattening-to-a-post-crisis-low?srnd=markets-vp While further flattening of the curve on Europe’s benchmark bond could well take place, strat...
by sperry8
Fri Mar 29, 2019 12:55 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

Thanks. So for the past 3 recession occurred. WillThrill states that recession doesn't mean stocks drop below starting point however but provides no data. Hard to believe his theory however, last 3 recessions were ugly. Hard to imagine in 03 and 08 stocks didn't drop below starting point. In '08, s...
by sperry8
Thu Mar 28, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Need clarification on foreign transaction fees for international CC use
Replies: 19
Views: 1312

Re: Need clarification on foreign transaction fees for international CC use

I have heard that Mastercard has a better exchange rate than Visa. Can anyone confirm? American Express has the best conversion. Mastercard is 2nd. Visa is the worst. Lots of info on Flyertalk about the differences in the 3 payment methods but that's the gist. Amex isn't widely accepted abroad, so ...
by sperry8
Thu Mar 28, 2019 11:07 am
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

Looks like the US yield curve inverted last Friday (at least the 3mo 2yr did). Not sure if the Global Yield Curve inverted. Anyone believe this means the clock starts for a recession in 12-20 mos? You can check yield curves for different countries at this link: http://www.worldgovernmentbonds.com/ ...
by sperry8
Thu Mar 28, 2019 10:19 am
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

https://fred.stlouisfed.org/graph/fredgraph.png?g=mtiz https://static.seekingalpha.com/uploads/2018/4/8731391_15242384426595_rId22.jpg Thanks. So for the past 3 recession occurred. WillThrill states that recession doesn't mean stocks drop below starting point however but provides no data. Hard to b...
by sperry8
Thu Mar 28, 2019 10:04 am
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

Looks like the US yield curve inverted last Friday (at least the 3mo 2yr did). Not sure if the Global Yield Curve inverted. Anyone believe this means the clock starts for a recession in 12-20 mos? Historically, it would be rather unusual if it didn't . But for those considering trying to time the m...
by sperry8
Thu Mar 28, 2019 9:30 am
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

Looks like the US yield curve inverted last Friday (at least the 3mo 2yr did). Not sure if the Global Yield Curve inverted. Anyone believe this means the clock starts for a recession in 12-20 mos?
by sperry8
Thu Mar 28, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: (Potential) Once in a generation foreign currency opportunity. How best to effect it?
Replies: 13
Views: 2002

Re: (Potential) Once in a generation foreign currency opportunity. How best to effect it?

3. Setup a UK bank account and use TransferWise or similar to minimize conversion fees. Without residency or an EU passport (for now) it is unlikely you will be able to set up a UK bank account, though Incorrect. If you have enough assets to qualify for an HSBC Premier account in the USA you can op...