Search found 2968 matches

by neurosphere
Thu May 03, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: IBR student loan repayment question
Replies: 4
Views: 552

Re: IBR student loan repayment question

A very important question here is what KIND of forgiveness you are talking about. Public Service Loan Forgiveness (PSLF) or the time-based forgiveness that does not depend on employer type. But... There are 4 income DRIVEN plans, one of which is IBR (income based repayment). The others are Paye as y...
by neurosphere
Thu May 03, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Highest muni mm rates
Replies: 10
Views: 1125

Re: Highest muni mm rates

What is the decision point in a taxable account between an AMT-free muni MM fund and one which is just muni? At Schwab at least, both are at 1.42%. I have consistently been trapped in AMT land last several years, though the bite was somewhat less this year. The new tax law will result in substantia...
by neurosphere
Thu May 03, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Highest muni mm rates
Replies: 10
Views: 1125

Re: Highest muni mm rates

Also, I see that at least one schwab muni MM fund has fee waivers, without which the yield would be lower. The Schwab MM fee waivers, now applied to most or all of their purchased MM funds (per the prospectus) will be maintained as long as Charles Schwab Investment Management Inc. is the adviser. S...
by neurosphere
Wed May 02, 2018 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Surprise its a 5304-questions in post #40- transferring work simple IRA to frozen simple IRA
Replies: 78
Views: 4428

Re: Surprise its a 5304-questions in post #40- transferring work simple IRA to frozen simple IRA

Infomom, this has been a long and involved thread - more than 50 posts long. Sometimes, it is good to go back to the beginning and read it all again, including all the links. Now that you have more knowledge, what was said 40 posts ago and what you read many days ago may mean more to you now than i...
by neurosphere
Wed May 02, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Highest muni mm rates
Replies: 10
Views: 1125

Re: Highest muni mm rates

Hi all — which brokerage providest highest muni mm rates — assume vanguard at 1.53? Schwab is at 1.46 or about 10 np lower. And I can’t find anything good for muni mm at Fido — a lot lower. Any recommendations? Tnx appr Can you clarify exactly what it is you would like a recommendation for? Higher ...
by neurosphere
Tue May 01, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Humble, respectful advice seeker for my Portfolio Questions
Replies: 36
Views: 3992

Re: Humble, respectful advice seeker for my Portfolio Questions

For #5. solo 401k contributions are based on profits, not "income". It sounds like you may have had expenses which equaled or exceeding your receipts/billing, in which case there is no profit.
by neurosphere
Tue May 01, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Isn't it expensive for a company to pay dividends? Not the dividend itself, but the mechanics.
Replies: 11
Views: 1104

Re: Isn't it expensive for a company to pay dividends? Not the dividend itself, but the mechanics.

Yes, good points. By "large" I meant large enough that the costs might be negligible, e.g. a company large enough or valuable enough to go public in the first place. But I didn't think about companies which borrow to pay dividends. Surely no company starts out declaring their first dividend, intend...
by neurosphere
Tue May 01, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: Isn't it expensive for a company to pay dividends? Not the dividend itself, but the mechanics.
Replies: 11
Views: 1104

Re: Isn't it expensive for a company to pay dividends? Not the dividend itself, but the mechanics.

I understand that only large companies (with extra cash!) will pay dividends Not true. Plenty of smaller companies pay dividends and many companies borrow to be able to pay dividends. Yes, good points. By "large" I meant large enough that the costs might be negligible, e.g. a company large enough o...
by neurosphere
Tue May 01, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Isn't it expensive for a company to pay dividends? Not the dividend itself, but the mechanics.
Replies: 11
Views: 1104

Isn't it expensive for a company to pay dividends? Not the dividend itself, but the mechanics.

I'll spare the details, but a bout of insomnia led me mind to wander to this issue, that it must surely be expensive for a company to decide to start paying a dividend. Not the payout itself, but the process of getting a check into the hands of each shareholder. I expect it was harder in the past, p...
by neurosphere
Tue May 01, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: What's wrong with this critique of indexing?
Replies: 124
Views: 10309

Re: What's wrong with this critique of indexing?

Anyway, we are not left with "cap-weighting is worst." We're left with "small-cap value is best, cap-weighting is worse, and" (I suppose) "whatever strategies result in large-cap or growth tilts, intentional or not, are worst." Same-old same-old argument that's been going on for decades. The entire...
by neurosphere
Tue May 01, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application for Spousal Benefit
Replies: 27
Views: 2804

Re: Social Security Restricted Application for Spousal Benefit

I also checked with the author of the linked article from above and she responded, confirming that the OP can't switch to a restricted application now since it's more than a year since he filed for the suspension . This seems unfair, but is apparently the law. A suspended application is final after...
by neurosphere
Tue May 01, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: What is the maximum social security benefit?
Replies: 32
Views: 4654

Re: What is the maximum social security benefit?

I realize that the OP posted 4 years ago and this thread was resurrected, but the question is timeless. :D Just for fun, I calculated the benefit for a person born in 1988 who will have 35 consecutive years of maximal/maxed earnings (age 26 through 60). The monthly benefit if taken at age 70 would b...
by neurosphere
Sun Apr 29, 2018 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard RMD Service
Replies: 13
Views: 2724

Re: Vanguard RMD Service

I don't think you can have the distributions go to a sweep account if you use the RMD service. I believe all distributions have to be reinvested. Hmm. That would seem strange to me. In an account with ETFs, why couldn't I have the dividends go to the sweep account? I would think this would be indep...
by neurosphere
Sun Apr 29, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: What's wrong with this critique of indexing?
Replies: 124
Views: 10309

Re: What's wrong with this critique of indexing?

Suppose there were only 3 stocks: A, B, and C. Suppose you have decided (based on the reasoning in the OP) that all stock should equally weighted. So you buy equal amounts of A, B, and C. A takes over C and pays you in shares of A. Nothing else changed except the ownership of C. Do you now sell som...
by neurosphere
Sun Apr 29, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard RMD Service
Replies: 13
Views: 2724

Re: Vanguard RMD Service

Page 14 under "distribution options." Thanks, Huey. I was not aware of that. It sounds like a possible reason not to hold ETFs or non-Vanguard funds in a Vanguard IRA. Not an insurmountable problem but perhaps a nuisance. A nuisance, yes. I found this thread as a result of a search about a question...
by neurosphere
Sat Apr 28, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: New Physician Portfolio Review [Updated 2 years after]
Replies: 12
Views: 2331

Re: New Physician Portfolio Review [Updated 2 years after]

For an account with a relatively small balance of 30k , why is there so much bias against just taking the lump sum distribution now, paying the 35% marginal rate, and putting that money in taxable or unused backdoor Roth space? Even if the distribution bumps you up a bracket, we're talking low sing...
by neurosphere
Sat Apr 28, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: What's wrong with this critique of indexing?
Replies: 124
Views: 10309

Re: What's wrong with this critique of indexing?

I'm too lazy to find a more recent number, but the arithmetic is clear: VTSMX would need to own 55 times the total number Urban One Inc. Class A outstanding shares. That's impossible. Even if VTSMX was restricted to owning no more than 100% of the outstanding shares, I don't think that I need to ex...
by neurosphere
Fri Apr 27, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: 457(f)
Replies: 5
Views: 789

Re: 457(f)

I had never heard of a 457(f) plan until your post, so decided to do some learning. Here is my understanding of these plans after a few minutes of Googling. -- Only employers can make contributions -- There is no limit on contributions -- Contributions made on your behalf are NOT taxable to you when...
by neurosphere
Thu Apr 26, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Target-Date funds?
Replies: 18
Views: 1199

Re: Thoughts on Target-Date funds?

The target date fund you have looks expensive (0.75% ER). I suggest you look for lower cost investments. SWYJX has a similar composition is a much lower fee, 0.08%. Both Schwab and Fidelity have high-fee TD funds, and lower fee "index" TD funds. At one point I thought that the Fidelity funds were r...
by neurosphere
Thu Apr 26, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Target-Date funds?
Replies: 18
Views: 1199

Re: Thoughts on Target-Date funds?

Hello Bogleheads, What are your thoughts on target-date funds? They are supposed to be aggressive in the initial stages and slowly become conservative over their age. I invested in a Target 2055 fund but not seeing aggressive results (either up or down). It has been pretty dead. Fund ticker SWORX. ...
by neurosphere
Thu Apr 26, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Target-Date funds?
Replies: 18
Views: 1199

Re: Thoughts on Target-Date funds?

see my signature. :D
by neurosphere
Thu Apr 26, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Cannot buy State-Specific Funds Unless you live in that State?
Replies: 10
Views: 710

Re: Cannot buy State-Specific Funds Unless you live in that State?

Hogan773 wrote:
Thu Apr 26, 2018 3:52 pm
Now I will use a combo of Limited Term and Long Term and get a similar weighted duration.
Good idea if keeping a similar duration is the most important to you, which I understand.
by neurosphere
Thu Apr 26, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Cannot buy State-Specific Funds Unless you live in that State?
Replies: 10
Views: 710

Re: Cannot buy State-Specific Funds Unless you live in that State?

So I was all set to do a tax loss swap from my Intermediate Tax Exempt to the California Intermediate Tax Exempt. Seems like a great pair. I know this isn't part of your question, but I'm wondering why you think the CA fund is the best TLH partner for you? Presumably you'd only plan to stay in a TL...
by neurosphere
Thu Apr 26, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Humble, respectful advice seeker for my Portfolio Questions
Replies: 36
Views: 3992

Re: Humble, respectful advice seeker for my Portfolio Questions

One small observation about the co-signed loan, to give perspective and play devil's advocate, in a way. If the borrower stops making payments tomorrow, and your spouse is on the hook and loses $20,000, will that change the "arc of your life" as I like to say? If you and your spouse make it to age 9...
by neurosphere
Wed Apr 25, 2018 4:56 pm
Forum: Investing - Theory, News & General
Topic: Graph of various Vanguard fund SEC Yields for the past year
Replies: 8
Views: 882

Re: Graph of various Vanguard fund SEC Yields for the past year

What about the fact that the taxable bond funds receive state-tax exempt interest from US Treasuries; is that handled? Prompted by your question, I just checked, and the long-term bond index has 40% in Treasury/Agency bonds. I hadn't realized there might be such a high proportion of treasuries in t...
by neurosphere
Wed Apr 25, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Graph of various Vanguard fund SEC Yields for the past year
Replies: 8
Views: 882

Re: Graph of various Vanguard fund SEC Yields for the past year

The second graph is the same set of funds, but with assuming a 41% federal marginal rate and an 11% NY/NYC rate, which roughly correspond to the highest brackets +/- NIIT and extra medicare. What about the fact that the taxable bond funds receive state-tax exempt interest from US Treasuries; is tha...
by neurosphere
Wed Apr 25, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: Graph of various Vanguard fund SEC Yields for the past year
Replies: 8
Views: 882

Graph of various Vanguard fund SEC Yields for the past year

Hi all, there have been several threads about municipal money market yields recently which has sparked lively discussion about such things aa quarter-end spikes in MM funds, changes in spreads of various maturities, yield curve inversions, etc. So I was playing around with some numbers and created a...
by neurosphere
Tue Apr 24, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 47
Views: 3905

Re: Emailed Vanguard Survey from "GfK". Possible spam or phishing?

mikebee wrote:
Tue Apr 24, 2018 4:03 pm
Did the survey.
Got a reward code from Ipsos.
Cashed it in with an Amazon purchase.
No problem.
Interesting. I got no reward code. Just "verify your email" and we'll send you a gift card.
by neurosphere
Tue Apr 24, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio
Replies: 32
Views: 6253

Re: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio

It did even better than a three fund that holds Total International. So what you are saying is, perhaps there is no need to hold international stocks? Adding international caused minimal difference overall? Now you can search the forum for threads debating the best allocation to foreign stocks. The...
by neurosphere
Tue Apr 24, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Re-financing (SoFi, others?) for friend
Replies: 6
Views: 957

Re: Student Loan Re-financing (SoFi, others?) for friend

At it's simplest, the best solution is to refinance to lower interest loans and pay them off as soon as possible. Whether to pay less towards loans in order to take advantage of retirement accounts might be a question left for another day. It doesn't sound that's what they want to do. Ok. A few obse...
by neurosphere
Tue Apr 24, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 11388

Re: NYT article: Everyone should hire a financial planner

Instead of stating that "everyone should hire a financial planner," New York Times should have stated that "everyone should use the Bogleheads Forum" in the following order: 1. Taylor's 3-fund portfolio... Perhaps a question for another thread, but why not a Target Date fund rather than the 3-fund ...
by neurosphere
Tue Apr 24, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: 1098T [IRS Form 1098-T, Tuition Statement]
Replies: 10
Views: 756

Re: 1098T [IRS Form 1098-T, Tuition Statement]

You're welcome to report what was paid to the schools in 2017 that you feel meets the IRS definition of qualified tuition payments, regardless of what the 1098-T says. I agree with this. If you have proof that you paid the school in 2017 (and not in 2018 for a bill received in 2017), and you can al...
by neurosphere
Tue Apr 24, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 100
Views: 12972

Re: Downloadable Social Security Benefit Estimator (repost)

Ok, I must be an idiot. What am I doing wrong? I used your link and then downloaded the benefit estimator, but I am unable to enter any data in the pink sections. I am on an iMac and using Safari. Please advise. Thanks, Bmac I don't use mac so I'm not sure about that. I doubt the browser type would...
by neurosphere
Tue Apr 24, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 100
Views: 12972

Re: Downloadable Social Security Benefit Estimator (repost)

Ah,, my bad. The manual changes in the CPI-W and AWI affect future earnings only. Seeing all my earnings are in the past (64 and retired), it does not affect my PIA. Also the BOLD indexed earnings now works AOK. Exactly. Your benefit will increase based on CPI. But I'm presenting all the data in Se...
by neurosphere
Tue Apr 24, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 100
Views: 12972

Re: Downloadable Social Security Benefit Estimator (repost)

I put in my earnings and was within a couple of dollars of the official social security estimate. This is particularly helpful for me, since ANYPIA does not work with newer MACs. Thanks! It should be exact (except that I do not show decimals in my spreadsheet, e.g. for the PIA), not off by a couple...
by neurosphere
Tue Apr 24, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 100
Views: 12972

Re: Downloadable Social Security Benefit Estimator (repost)

When I change a value in the Peach Box (CPI-W or AWI) it changes the green values below the peach box but it does nothing to the benefits box (above the graph) nor to the graph itself. Is anything "Protected" in the spreadsheet that may prevent the changes from occurring? I can't reproduce your pro...
by neurosphere
Tue Apr 24, 2018 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 100
Views: 12972

Re: Downloadable Social Security Benefit Estimator (repost)

It does bold the top 35 earning years but when using the index inflation factor that SS provides (using the inflation factors from the year when you were eligible for SS at age 62) these bold numbers are not the top 35 years. For example, I have a wage in 1975 that has an index inflation factor of ...
by neurosphere
Tue Apr 24, 2018 4:49 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 100
Views: 12972

Re: Downloadable Social Security Benefit Estimator (repost)

Excellent spreadsheet! Saved me so much time. One thing I would like to see is to somehow indicate which 35 years of income were used to calculate SS benefits. In most cases, I can see that would be the last 35 years (after turning 21, I believe). But, in other cases, there may be a few gaps of inc...
by neurosphere
Mon Apr 23, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 47
Views: 3905

Re: Emailed Vanguard Survey from "GfK". Possible spam or phishing?

Ok, I emailed Gfk. Survey is legit. It was asking my experiences with Vanguard compared to other firms I may have experience with, including the website, investor materials, fact/data about investments, the look and feel of the site and literature, ease of use, appearance and "professionalism". Etc....
by neurosphere
Mon Apr 23, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 47
Views: 3905

Re: Emailed Vanguard Survey from "GfK". Possible spam or phishing?

sport wrote:
Mon Apr 23, 2018 3:05 pm
It must be spam. You know that Vanguard would never spend $50 to get your answer to a survey.
I thought the same thing. $50 is way too much! :D

Now, if they were offering me a Vanguard mug, I'd be tempted to take a chance. 8-)
by neurosphere
Mon Apr 23, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 47
Views: 3905

Emailed Vanguard Survey from "GfK". Possible spam or phishing?

[Thread merged into here, see below. --admin LadyGeek] I was emailed a survey today. I suspect it's not legitimate, but I'm not sure. Anyone else get one recently? Text is below. You’re invited! We want your opinion. Hello XXX, Your feedback is important. Vanguard has commissioned GfK, an independe...
by neurosphere
Mon Apr 23, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: How Investors Undermine Returns
Replies: 8
Views: 2003

Re: Larry Swedroe: How Investors Undermine Returns

Everyone should realize that the data set is old: "The raw data include trading activity for 78,000 households with 158,000 accounts between January 1991 and November 1996." And it only looks at common stocks in the data set (i.e. not mutual funds as far as I can tell). I wonder how relevant data fr...
by neurosphere
Mon Apr 23, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: AA for HSA used for medical expenses
Replies: 7
Views: 640

Re: AA for HSA used for medical expenses

One simply strategy would be to include the HSA in your overall asset allocation, but to have the HSA hold bonds so that the value doesn't fluctuate as much. Then when/if you spend the HSA money for health care, you can probably adjust the rest of the portfolio to keep your desired asset allocation....
by neurosphere
Sun Apr 22, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?
Replies: 16
Views: 2436

Re: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?

Paywall. I found this other article: The Limits of Theory. Steven D. Bleiberg. April 2018 Does this present the same ideas? From the introduction/summary of your link, which I bet shares the same general ideas as the barron's article: And the idea that a market index is an optimal portfolio, rather...
by neurosphere
Sun Apr 22, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?
Replies: 16
Views: 2436

Re: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?

More and more, in addition to the index tracking the market, the market (or at least: its participants) tracks the index. What’s more, the use of indexing has had unintended consequences on the behavior of asset owners and asset managers; it changes the focus of both away from “which businesses are...
by neurosphere
Fri Apr 20, 2018 5:34 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 11388

Re: NYT article: Everyone should hire a financial planner

There may be times when you need a financial planner and times when you don't need a financial planner. But if you don't know whether you need a financial planner, you need a financial planner. 1210 I am neither disagreeing nor agreeing with this opinion. But it's certainly not one that's heard on ...
by neurosphere
Fri Apr 20, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 11388

Re: NYT article: Everyone should hire a financial planner

+1. And unlike WebMD, you can learn about financial planning online and be better than your "advisor" in a remarkably short time. I had to explain to one well-compensated advisor what tax loss harvesting was and why it was a priority. Agreed. And similar but different, I've had to explain to someon...
by neurosphere
Fri Apr 20, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Pay for medical school or Roth conversion
Replies: 15
Views: 1105

Re: Pay for medical school or backdoor Roth

Important question I didn't see answered yet was whether you'd have any income during medical school? If not, you could convert some amount of that IRA to a Roth tax free, and/or "capital gain harvest" existing taxable investments. Also, your post is confusing because I think you are using imprecise...