Search found 393 matches

by Hub
Wed Sep 19, 2012 12:51 pm
Forum: Investing - Theory, News & General
Topic: 401k fees
Replies: 28
Views: 3658

Re: 401k fees

Ha! Something tells me our CFO has it all figured out. I have a fancy email sitting in my draft folder regarding indexing and cost of fund options for our 401k, but I haven't decided if I intend to send it and to whom it should go. So I wait. Luckily we do have the option of a self directed Schwab P...
by Hub
Wed Sep 19, 2012 12:19 pm
Forum: Investing - Theory, News & General
Topic: bid/ask spread for ETFs
Replies: 51
Views: 5657

Re: bid/ask spread for ETFs

Why would you need to sell shares that you bought within 90 days in a retirement account? Valid point indeed. It will be almost completely irrelevant after these first 90 days where my whole 401k balance is being transferred in to the PCRA. I have been pleasantly surprised that the spread is not as...
by Hub
Wed Sep 19, 2012 11:50 am
Forum: Investing - Theory, News & General
Topic: 401k fees
Replies: 28
Views: 3658

Re: 401k fees

kaby, I just wanted to say that I appreciate your efforts here. I am certainly of the opinion that my HR department is negligent and ignorant in regards to our 401k options. We have maybe 600 employees and just last month got a letter saying that they're now charging a 0.30% ER bump across all funds...
by Hub
Wed Sep 19, 2012 11:28 am
Forum: Investing - Theory, News & General
Topic: bid/ask spread for ETFs
Replies: 51
Views: 5657

Re: bid/ask spread for ETFs

Sorry to bump a year old thread, but it's a good one. My new PCRA at Schwab has free ETF trading which is great. The Schwab mutual funds are free also, but must be held for 90 days or incur a $49.95 fee. That said, this intra day trading requirement of ETFs and the "cost" of the bid/ask spread has m...
by Hub
Mon Sep 17, 2012 11:48 am
Forum: Investing - Theory, News & General
Topic: A question for value tilters about the average investor
Replies: 51
Views: 5621

Re: A question for value tilters about the average investor

Great post Jerry_lee. Thank you for the insight.

I tilt because I believe it helps diversify and there seems to be good evidence of there being a premium available over the long haul.
by Hub
Fri Sep 14, 2012 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Am I better off without a budget?
Replies: 38
Views: 3677

Re: Am I better off without a budget?

Unless your income is so high you can afford to save around 50% without budgeting then I can't imagine a scenario where you wouldn't benefit from keeping as good a budget as humanly possible. I use the "pay myself first" method, but then I also budget to try to get the most out of my money. If I did...
by Hub
Fri Sep 14, 2012 10:32 am
Forum: Investing - Theory, News & General
Topic: BOGLE on Bonds and Other Topics
Replies: 50
Views: 4919

Re: Bogle on Bonds and Other Topics

That does seem like a high % chance of the apocalypse.

I can't help but to proceed with the boglehead side of my planning assuming apocalypse chances at 0.00%. Otherwise I could find myself prone to doing lots of silly things with my money.
by Hub
Thu Sep 13, 2012 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Pay off all debt first and come back here in 2 years?
Replies: 64
Views: 6440

Re: Pay off all debt first and come back here in 2 years?

Good thread. I'm a Dave Ramsey type in general, but in your situation I would be thinking 401k max. If you intend to stop making an income like this in the future then you're currently at the highest tax bracket you'll be in for a long while and thus you have more to gain by getting to invest that p...
by Hub
Wed Aug 22, 2012 3:35 pm
Forum: Investing - Theory, News & General
Topic: Musings on 401k fee disclosure
Replies: 7
Views: 2583

Re: Musings on 401k fee disclosure

If you become a sufficient problem for HR, they may find a way to get you replaced. Alternatively, they can smile at you and then ignore your requests. Jeff I still have my email all typed up and sitting in my drafted folder. I want to send it to those oblivious idiots in HR just so they get some f...
by Hub
Wed Aug 22, 2012 3:30 pm
Forum: Investing - Theory, News & General
Topic: Musings on 401k fee disclosure
Replies: 7
Views: 2583

Re: Musings on 401k fee disclosure

This exact thing occurred with ours. In the process of disclosing which funds had previously included the fees that paid for the whole program by profit sharing with the program, they added a 0.30% fee on to the top of every single fund instead as a"more equitable" way to cover plan expenses.
by Hub
Wed Aug 22, 2012 3:00 pm
Forum: Investing - Theory, News & General
Topic: When did you start to save a regular significant amount?
Replies: 81
Views: 13926

Re: When did you start to save a regular significant amount?

With 5% as the threshold then my answer would be about 25 yrs old.

However I didn't feel I was investing significantly until it started to hurt a bit which was when we started putting in 15% at age 30.
by Hub
Fri Aug 17, 2012 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Trust for minor children...any advice or critique?
Replies: 40
Views: 4089

Re: Trust for minor children...any advice or critique?

texasdiver, what sort of compensation do you have written into the trust for the trustees? Just wondering what is normal and considering comparing that cost to hiring a trust department to be the trustee.
by Hub
Fri Aug 17, 2012 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Trust for minor children...any advice or critique?
Replies: 40
Views: 4089

Re: Trust for minor children...any advice or critique?

I was just saying that if I fail to set up a trust and she gets everything when she turns 18 that I would not view that as a good idea. I wasn't assuming any surprises under any circumstances, just that I need to set up a trust to which the estate would go. This would dissolve and go to her freely a...
by Hub
Fri Aug 17, 2012 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Trust for minor children...any advice or critique?
Replies: 40
Views: 4089

Re: Trust for minor children...any advice or critique?

This is a topic that I've been thinking about and needing to deal with. Thanks for the ideas. My daughter is less than a year old, but if her mom and I died tomorrow then she would be set up with over $2MM on her 18th birthday. It is the rare person that this money wouldn't be a curse to. So on that...
by Hub
Wed Aug 15, 2012 9:56 am
Forum: Investing - Theory, News & General
Topic: how often do you check your portfolio?
Replies: 94
Views: 9327

Re: how often do you check your portfolio?

I check on the 1st of each month because I record my Net Worth monthly. This serves the dual purpose of evaluating rebalancing considerations.

I check the DJIA several times per week, but this tells me nothing more than a vague idea of how my specific portfolio is performing.
by Hub
Mon Jul 30, 2012 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads use emergency funds to buy new cars with?
Replies: 36
Views: 4966

Re: Do Bogleheads use emergency funds to buy new cars with?

I've replaced 2 cars in the past 18 months with cash. In each case I began looking pretty hard for a good deal before I had fully funded the car purchase over and above my emergency fund. I was willing to use the FFEF if the right deal came up. Then from there I showed restraint and patience looking...
by Hub
Sat Jul 28, 2012 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: NMA no cost mortgage
Replies: 21
Views: 2614

Re: NMA no cost mortgage

I entered my stuff into NMA's no-cost search page and nothing came up. I assume the problem is that I only owe $110k so no cost may not be an option for me.
by Hub
Sun Jul 22, 2012 11:03 am
Forum: Personal Finance (Not Investing)
Topic: what good personal finance and investment books to buy
Replies: 20
Views: 2211

Re: what good personal finance and investment books to buy

I've read quite a few, but if someone is starting from scratch they could read the following 3 in order and come away with a great plan.

Total Money Makeover - Dave Ramsey
The Bogleheads' Guide to Investing - Larimore, Lindauer & LeBoeuf
All About Asset Allocation - Rick Ferri
by Hub
Sat Jul 21, 2012 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Debit Card Pluses not Worth the Risk
Replies: 29
Views: 2974

Re: Debit Card Pluses not Worth the Risk

I have dealt with fraud claims on both credit and debit cards. On the credit card I just clicked through a few things within my online banking and the charge went away, never to be heard from again. With the debit card fraud I had to sign some bank forms and write a description of how it wasn't me a...
by Hub
Sat Jul 21, 2012 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Best refi rates? Where?
Replies: 2
Views: 665

Re: Best refi rates? Where?

Good question OP. It's a tough business to get a good apples to apples look at. I get a discount on fees with the mortgage company associated with my employer, but I think their rates are too high, so I need to find a good deal on a 15 as well.
by Hub
Fri Jul 20, 2012 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: Post 1, My Portfolio

I'm considering your SCV allocation to be "completing" both the His and Hers 500 index, just with a valuey tilt. I don't see anything wrong with that. So the only real overweight is in REIT. It could be reduced or it could be eliminated, giving more room for Vanguard's International if that is attr...
by Hub
Fri Jul 20, 2012 2:08 pm
Forum: Investing - Theory, News & General
Topic: What is your total expense ratio?
Replies: 46
Views: 4138

Re: What is your total expense ratio?

Only on this forum does my .31% total ER look like an albatross!

I mean, I dislike it also and have it set to slowly come down with ongoing contributions, but my 401k options and my wife's 401k monthly fees just keep me from being able to get it as low as I would like.
by Hub
Thu Jul 19, 2012 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Your Parents House
Replies: 53
Views: 4540

Re: Purchasing Your Parents House

This sounds crazy to me. Just seems like an unnecessary level of creativity which results in your mom acquiring a rent payment.
by Hub
Thu Jul 19, 2012 9:59 am
Forum: Investing - Theory, News & General
Topic: Buy on the Dips ?
Replies: 89
Views: 17783

Re:

For this discussion, I will define precisely a "really bad day" in an ETF as a drop of at least 2.5% AND greater than the 4th biggest drop in the ETF in the past 150 trading days. That is, the drop would become the 4th biggest drop for the ETF in the most recent 151 days (including the RBD) and wou...
by Hub
Thu Jul 19, 2012 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Help i have saved about 65,000 in the last three years
Replies: 25
Views: 5472

Re: Help i have saved about 65,000 in the last three years

So you make $90k, are maxing out $22k worth of 401k and IRA, and have managed to save an additional $22k annual in after tax monies.

If that's what you're saying then that is an amazing savings rate! How much cash do you need to buy a replacement truck?
by Hub
Wed Jul 18, 2012 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: help with maths
Replies: 12
Views: 1022

Re: help with maths

30 years of $17k annually is $1,925,000 if you assume an 8% rate of return.

I assume 8% nominal growth in mine, but I don't have strong feelings against using a different assumption than that.

4% withdrawal rate would be $77k annual.
by Hub
Wed Jul 18, 2012 11:49 am
Forum: Investing - Help with Personal Investments
Topic: FA Trying to Reel Me Back In, Feedback Please
Replies: 64
Views: 6128

Re: FA Trying to Reel Me Back In, Feedback Please

FA's seem to commonly think that their active management of actively managed funds is the only way to prevent free fall losses that of course all indexes are prone to. He only lost you 10% in 2008.... well I bet he didn't make you the 28.7% that VTSMX rebounded with in 2009. And besides, he's wantin...
by Hub
Wed Jul 18, 2012 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund - Tax Exempt vs Taxable
Replies: 10
Views: 1840

Re: Emergency Fund - Tax Exempt vs Taxable

Interesting thread. The longer I've had my emergency fund complete the more "sinking funds" I've filled up that would preclude the need for my emergency fund on things like AC and Roof and car replacement. Additionally I have budgets in place where we could live on either remaining salary in case on...
by Hub
Tue Jul 17, 2012 4:26 pm
Forum: Investing - Theory, News & General
Topic: Simplified AMT
Replies: 19
Views: 1468

Re: Simplified AMT

OK, plugging my numbers into TaxAct's calculator for year 2011 instead of 2012 has me avoiding the AMT. So there's hope.
by Hub
Tue Jul 17, 2012 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: Post 1, My Portfolio

There is already a lot of REIT included in SCV so having both may be giving you more REIT than you are aware of. Wiki article link: Percentages of REITs Present in Vanguard Index Funds This is news to me. Thank you for the insight. Makes me feel much better about backing off the REITs at this time ...
by Hub
Tue Jul 17, 2012 3:06 pm
Forum: Investing - Theory, News & General
Topic: Simplified AMT
Replies: 19
Views: 1468

Re: Simplified AMT

I just re-read your post and had a thought. Every year Congress ups the limits for AMT as a temporary measure. The predictive tax software does not take this into account. So, perhaps you are still safe. Run your numbers for 2012 through 2011 software. It might give you a better idea of your real s...
by Hub
Tue Jul 17, 2012 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: Post 1, My Portfolio

retiredjg wrote:What is the international fund offered in Her 401k?
Fidelity Diversified International Fund (FDIVX) (0.87%)
by Hub
Tue Jul 17, 2012 2:47 pm
Forum: Investing - Theory, News & General
Topic: Simplified AMT
Replies: 19
Views: 1468

Re: Simplified AMT

How do you strategically go about avoiding it? My TaxAct 2011 software has a tax predictor that I'm using to plug in my 2012 numbers and it's hitting me with AMT. I would think that between now and the end of the year is the time for me to start trying to avoid it. Hurts my head, but seems important.
by Hub
Tue Jul 17, 2012 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: Post 1, My Portfolio

The other acceptable funds in my wife's 401k:
Vanguard Wellington Fund - Admiral (VWENX) (0.19%)
Vanguard Growth Index Instl (VIGIX) (0.08%)

I didn't list them because I heart that 0.02% ER in VIIIX so much, but yeah, I can certainly see a place for that Wellington fund in my portfolio at some point.
by Hub
Tue Jul 17, 2012 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: Post 1, My Portfolio

I talked to one company about that and he said the mortgage needed to be over $200k to qualify for the no closing cost plan. I just assumed that my little $110k wouldn't qualify for anyone else's after that. I'll look into it more.
by Hub
Tue Jul 17, 2012 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Helping high net worth relative
Replies: 24
Views: 2369

Re: Helping high net worth relative

Frankly, it is not right to ask somebody with less than you to help grow assets. That's crazy talk. I have a family member that I'm close with who has a much higher net worth than me. However he is not interested in the subject nor well read on it. He knows I am both of those things, relatively spe...
by Hub
Tue Jul 17, 2012 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: The enemy of a good plan is the dream of a perfect plan.

Hub: These are the last three words in Mr. Bogle's new book: Stay-the-course. Best wishes. Taylor I really do feel like I will be able to do that. I witnessed 2008 during a time when my portfolio was so small that it didn't matter what I did. Now I feel like I've seen "worst case scenario" and only...
by Hub
Tue Jul 17, 2012 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: Post 1, My Portfolio

Anything preventing you from refi? Either to lower 15 year rate or to 30 and free up more cash flow for debt, if you'd like. Certainly would be a good idea. Wife and I go back and forth on whether we're looking to move or not, so I've put it off. Plus a $110k mortgage doesn't break even very fast w...
by Hub
Tue Jul 17, 2012 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: Post 1, My Portfolio

Hub, welcome to the forum! I don't think your portfolio idea is too bad. There is one flaw, but it may be a flaw that you prefer. In order to get your overweight to REIT and SCV, you are using a more expensive and less complete international fund. The EuroPacific fund does contain emerging markets ...
by Hub
Tue Jul 17, 2012 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: Small correction needed.

Hub: Edit your opening post to change "M" (millions) to "K" (thousands). Use the "Edit" button in the upper right of your Opening Post (OP). You made a very good opening post and should receive helpful replies. Best wishes Taylor OK, thank you. I made the edit. Though technically in my world we use...
by Hub
Tue Jul 17, 2012 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Re: Post 1, My Portfolio

Yes quite. Even without the extra 0's, but I can't talk myself into attacking those student loans just yet.
by Hub
Mon Jul 16, 2012 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: What 1 mutual fund should I start with?
Replies: 17
Views: 1960

Re: What 1 mutual fund should I start with?

The good news is you have some great funds available in your 401k. VIIIX has an expense ratio at 0.02%! This is a great option for the stock part of your 401k. Go down that list of fund options you have and start looking at expense ratios. Though, big picture, you need to decide on your asset alloca...
by Hub
Mon Jul 16, 2012 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Post 1, My Portfolio
Replies: 28
Views: 2246

Post 1, My Portfolio

Emergency Fund: 3 Months in cash Debt: Mortgage $110k 15 yr 4.75%, Student Loans, $65k 2.875% Taxes: Married Filing Jointly Tax Rate: 25%, State = 0% Age: 31 Desired AA: 75/25 Goal / Current: 25% / 29.5% - S&P 500 10% / 7.5% - Small Cap Value 10% / 8%- REIT 30% /31% - International 25% / 24% - Cash ...