San Jose, CA Area Bogleheads Chapter

Local Chapters, Wiki, and general Bogleheads community discussion, news, events, and announcements
jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads November Meeting

Post by jc42 » Thu Nov 03, 2016 1:20 pm

The San Jose Bogleheads will meet on Thursday, November 17th, 7:30-8:30 PM, in the Starbucks Cafe at Barnes & Noble on Almaden Expressway near Highway 85.

This month is an Open Forum but with a focus on short-term fixed income investing. Interest rates are showing signs of life and changes have been made for money market funds. So this might be a good time to revisit your thoughts and assumptions about this part of your financial portfolio.

Bring a friend.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads November Meeting

Post by jc42 » Mon Nov 14, 2016 2:52 am

The San Jose Bogleheads will meet on Thursday, November 17th, 7:30-8:30 PM, in the Starbucks Cafe at Barnes & Noble on Almaden Expressway near Highway 85.

This month's suddenly timely topic is fixed income investing, especially at the short end of the yield curve. Come and find out what that means. It'll be, um, terrific!;-)

Bring a friend.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads, January 2017 Meeting

Post by jc42 » Tue Jan 03, 2017 1:49 pm

Our first meeting of the New Year will be on Tuesday, January 17th, 7:30-8:30PM, in the Starbucks Cafe
at Barnes & Noble near Hwy 85 and Almaden Expressway.

Let's do an Open Forum on your outlook for 2017 and how you plan to have a financially awesome year!

No RSVPs needed. Bring a friend.

emanuel_v19
Posts: 120
Joined: Thu Oct 20, 2016 11:15 am

Re: San Jose, CA Area Bogleheads Chapter

Post by emanuel_v19 » Mon Jan 16, 2017 8:21 pm

Wow i might be able to make this one. How many people usually show up?

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

Re: San Jose, CA Area Bogleheads Chapter

Post by jc42 » Mon Jan 16, 2017 8:49 pm

Generally 4-9. So it's small enough where everyone has enough time
to say what's on their mind and have a good conversation.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

San Jose, CA Bogleheads February Meeting

Post by jc42 » Thu Feb 02, 2017 5:19 pm

Date: THURSDAY, February 16th
Time: 7:30-8:30 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway near Hwy 85.
Topic: Household Financial Policy Statement

Jim will present his module on how to create and use a household financial policy statement (FPS).
The FPS is your financial game plan. It's a useful tool to remind yourself about your financial goals
and strategies, keep you from going off the cliff in uncertain times (which seems to be most of the
time), and serves as a basis for conversations with family and financial intermediaries. It's rooted
in the work of Charley Ellis's Winning the Loser's Game.

Forms will be provided. This is a numbers-lite activity, so you don't need to bring anything or go
deep in the numerical woods.

We actually did this some time back, so if you have that work, it might prove useful now. Bring it.

We'll start gathering at around 7:15, begin in earnest at 7:30, and be gone by 8:31.
No RSVPs required. All are welcome. Bring a friend.

BetaTracker
Posts: 158
Joined: Fri Sep 21, 2012 7:57 am

Re: San Jose, CA Area Bogleheads Chapter

Post by BetaTracker » Sat Feb 04, 2017 1:27 pm

Hi, I'm trying to get my wife involved with at least learning how to rebalance our portfolio. We're not going to be available for the February meeting. But would it be possible to suggest a future meeting theme around nudging spouses who aren't into investing that it isn't all that difficult (or dull) of an undertaking?
I'd rather be content than happy -- Lao Tzu.

FoolStreet
Posts: 427
Joined: Fri Sep 07, 2012 12:18 am

Re: San Jose, CA Area Bogleheads Chapter

Post by FoolStreet » Sat Feb 04, 2017 6:33 pm

BetaTracker wrote:Hi, I'm trying to get my wife involved with at least learning how to rebalance our portfolio. We're not going to be available for the February meeting. But would it be possible to suggest a future meeting theme around nudging spouses who aren't into investing that it isn't all that difficult (or dull) of an undertaking?


We could have an acid test meeting. Mrs BetaTracker, your husband has just been called by the government to work on a top secret project of national security and you won't see him for 10 years. Here is an extra Million. Now, what do you do with your portfolio. We can have test stations. Station 1 is manned by a Boglehead suggesting the 3-fund portfolio. Station 2 is someone taking the role of "the guy" who is introduced by the family friend who knows "a guy" who offers inflation indexed annuities. Station 3 is manned by an Edward Jones rep offering to manage it all for her. Station 4 is manned by "the Joneses" next door and they talk about kitchen upgrades and the latest safety features on the new Mercedes SUV and college acceptance rates at the private schools in the area. At the end of the night, there is a quiz. What did she choose???

BetaTracker
Posts: 158
Joined: Fri Sep 21, 2012 7:57 am

Re: San Jose, CA Area Bogleheads Chapter

Post by BetaTracker » Sat Feb 04, 2017 8:55 pm

Wow, if you're serious I think that would be amazing! I see light at the end if a long, long tunnel of trying to get my wife even faintly interested in our portfolio! That sounds like fun!!
I'd rather be content than happy -- Lao Tzu.

FoolStreet
Posts: 427
Joined: Fri Sep 07, 2012 12:18 am

Re: San Jose, CA Area Bogleheads Chapter

Post by FoolStreet » Sun Feb 05, 2017 4:16 pm

BetaTracker wrote:Wow, if you're serious I think that would be amazing! I see light at the end if a long, long tunnel of trying to get my wife even faintly interested in our portfolio! That sounds like fun!!

Unfortunately, I don't think I am serious. SJ is too far for me. But these are conversations you could have with your DW and kids.

FoolStreet
Posts: 427
Joined: Fri Sep 07, 2012 12:18 am

Re: San Jose, CA Area Bogleheads Chapter

Post by FoolStreet » Sun Feb 05, 2017 4:18 pm

BetaTracker wrote:Wow, if you're serious I think that would be amazing! I see light at the end if a long, long tunnel of trying to get my wife even faintly interested in our portfolio! That sounds like fun!!

Unfortunately, I don't think I am serious. SJ is too far for me. But these are conversations you could have with your DW and kids.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads March Meeting

Post by jc42 » Wed Mar 01, 2017 11:25 pm

The San Jose Bogleheads will meet on Tuesday, March 21st, 7:30-8:30 PM, in the Starbucks Cafe at Barnes & Noble on Almaden Expressway near Highway 85.

It's our Second Anniversary. Hopefully we've done some good. And special thanks to Alan Baker, who's been our IT guy and kept things straight on that end.

At the moment, this month will be Open Forum. However, if you would like to offer material on a topic of your choice and interest, please let us know. Or if you have a topic you'd like to learn more about, let us know and we'll see what we can do about bringing it forward.

We'll start gathering around 7:15. Bring a friend and your good humor!

arch94110
Posts: 4
Joined: Fri Feb 24, 2017 11:52 am

Leaving Wells Fargo - Recommendations for fee-only financial advisor

Post by arch94110 » Fri Mar 03, 2017 6:35 pm

Hello San Jose Bogleheads.

I am looking for recommendations on a fee-only advisor in the Bay Area. Preferably in SF or reachable by phone. I wish I could make it to the next San Jose chapter Bogleheads meeting but it's difficult to get out in the evenings due to the kids, and I live way up in SF.

Background is that we had our portfolio at Wells Fargo, but our advisor abruptly left the firm. Also, his strategy was to choose dozens of stocks, ETFs, and mutual funds and the performance has not been great. Since then I've talked to friends about the approaches championed on this site and concluded that I want to manage assets myself and simplify to a 3 or 4 fund portfolio. I would like a financial advisor to ask very specific questions.

Questions for financial advisor include:
1. How to manage my portfolio with home purchase goal in 2-3 years. Specifically what to do with current cash.
2. Strategy for selling vested company stock
3. Timing for rebalance of current portfolio for home purchase

Our situation:
married, 2 kids
no debt
work in tech (with company stocks)

Thanks!

FYI - I posted an expanded version of this on the personal investments thread but haven't gotten any responses yet.

FoolStreet
Posts: 427
Joined: Fri Sep 07, 2012 12:18 am

Re: Leaving Wells Fargo - Recommendations for fee-only financial advisor

Post by FoolStreet » Sun Mar 05, 2017 12:47 am

arch94110 wrote:Hello San Jose Bogleheads.

I am looking for recommendations on a fee-only advisor in the Bay Area. Preferably in SF or reachable by phone. I wish I could make it to the next San Jose chapter Bogleheads meeting but it's difficult to get out in the evenings due to the kids, and I live way up in SF.

Background is that we had our portfolio at Wells Fargo, but our advisor abruptly left the firm. Also, his strategy was to choose dozens of stocks, ETFs, and mutual funds and the performance has not been great. Since then I've talked to friends about the approaches championed on this site and concluded that I want to manage assets myself and simplify to a 3 or 4 fund portfolio. I would like a financial advisor to ask very specific questions.

Questions for financial advisor include:
1. How to manage my portfolio with home purchase goal in 2-3 years. Specifically what to do with current cash.
2. Strategy for selling vested company stock
3. Timing for rebalance of current portfolio for home purchase

Our situation:
married, 2 kids
no debt
work in tech (with company stocks)

Thanks!

FYI - I posted an expanded version of this on the personal investments thread but haven't gotten any responses yet.


I think that we can cover these topics on this board if you repost the questions and background to the main page.

a. Pick vanguard (board approved!) or fidelity or Schwab
1. Keep it in a short term bond fund or high yield savings account. Depending on your income tax rate, consider 50/50 short term CA mini / short term national muni.
2. Sell upon vest is the overwhelming answer. Depending on AMT exposure, you could time sales for fat/lean years every other year. But no one really does that, so sell on vest
3. No time like the present! Make 3 buckets. E-fund, home-buying fund and "rest of portfolio". The first two buckets should be in a high yield savings account or short term bond funds. The rest should be governed by your overall asset allocation into the 3-fund portfolio.

Other comments: make sure you max out 401k, participate in ESPP and Backdoor Roth...all before 529s.

arch94110
Posts: 4
Joined: Fri Feb 24, 2017 11:52 am

Re: San Jose, CA Area Bogleheads Chapter

Post by arch94110 » Thu Mar 09, 2017 12:16 pm

I think that we can cover these topics on this board if you repost the questions and background to the main page.

a. Pick vanguard (board approved!) or fidelity or Schwab
1. Keep it in a short term bond fund or high yield savings account. Depending on your income tax rate, consider 50/50 short term CA mini / short term national muni.
2. Sell upon vest is the overwhelming answer. Depending on AMT exposure, you could time sales for fat/lean years every other year. But no one really does that, so sell on vest
3. No time like the present! Make 3 buckets. E-fund, home-buying fund and "rest of portfolio". The first two buckets should be in a high yield savings account or short term bond funds. The rest should be governed by your overall asset allocation into the 3-fund portfolio.

Other comments: make sure you max out 401k, participate in ESPP and Backdoor Roth...all before 529s.


Thanks very much for the response.

a. Thanks, I had looked in Vanguard and Fidelity but will also check out Schwab.

1. Are there specific sites that give info on bonds? I have E-trade for my employee stock plan and it is a bit overwhelming to pick bond funds when going to the bonds section of that site.

2. Is there a downside to selling upon 1+ year of vest to avoid short term gains? My marginal tax bracket wavers between 33% and 39.6% depending on how many stocks happen to vest & the value so going from that to 15% for long term gains is pretty significant. We don't need the cash right away so I haven't done any short term sales.

3. Thanks for the advice on splitting the current taxable investments. I found 3 fee only financial advisor firms that I will be interviewing within the month to help with the detailed implementation and will re-post on my experiences with them if there is interest. I picked one community focused firm, one smaller personalized firm, and one mid sized service geared towards techies with stock plans like me.

Other comments: yes I'm maxing out 401k (just convinced spouse to do the same), maxing ESPP. Backdoor Roth I am going to need to think about and get more answers. We have ~300k in other IRAs and I am unsure about how the pro-rata rule impacts the benefits of using the backdoor. From my understanding if we put in 10k then 96.7% of what we put in would be taxable? Not sure if it is better to put that in the regular taxable bucket of investment.

Here is a link to my original post (not sure if that is what you meant for me to do):
https://www.bogleheads.org/forum/viewtopic.php?f=1&t=212054

FoolStreet
Posts: 427
Joined: Fri Sep 07, 2012 12:18 am

Re: San Jose, CA Area Bogleheads Chapter

Post by FoolStreet » Sun Mar 12, 2017 12:17 pm

arch94110 wrote:
I think that we can cover these topics on this board if you repost the questions and background to the main page.

a. Pick vanguard (board approved!) or fidelity or Schwab
1. Keep it in a short term bond fund or high yield savings account. Depending on your income tax rate, consider 50/50 short term CA mini / short term national muni.
2. Sell upon vest is the overwhelming answer. Depending on AMT exposure, you could time sales for fat/lean years every other year. But no one really does that, so sell on vest
3. No time like the present! Make 3 buckets. E-fund, home-buying fund and "rest of portfolio". The first two buckets should be in a high yield savings account or short term bond funds. The rest should be governed by your overall asset allocation into the 3-fund portfolio.

Other comments: make sure you max out 401k, participate in ESPP and Backdoor Roth...all before 529s.


Thanks very much for the response.

a. Thanks, I had looked in Vanguard and Fidelity but will also check out Schwab.

1. Are there specific sites that give info on bonds? I have E-trade for my employee stock plan and it is a bit overwhelming to pick bond funds when going to the bonds section of that site.

2. Is there a downside to selling upon 1+ year of vest to avoid short term gains? My marginal tax bracket wavers between 33% and 39.6% depending on how many stocks happen to vest & the value so going from that to 15% for long term gains is pretty significant. We don't need the cash right away so I haven't done any short term sales.

3. Thanks for the advice on splitting the current taxable investments. I found 3 fee only financial advisor firms that I will be interviewing within the month to help with the detailed implementation and will re-post on my experiences with them if there is interest. I picked one community focused firm, one smaller personalized firm, and one mid sized service geared towards techies with stock plans like me.

Other comments: yes I'm maxing out 401k (just convinced spouse to do the same), maxing ESPP. Backdoor Roth I am going to need to think about and get more answers. We have ~300k in other IRAs and I am unsure about how the pro-rata rule impacts the benefits of using the backdoor. From my understanding if we put in 10k then 96.7% of what we put in would be taxable? Not sure if it is better to put that in the regular taxable bucket of investment.

Here is a link to my original post (not sure if that is what you meant for me to do):
https://www.bogleheads.org/forum/viewtopic.php?f=1&t=212054


I responded to your other thread

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

San Jose Bogleheads March Meeting

Post by jc42 » Tue Mar 14, 2017 12:43 pm

Hello San Jose Bogleheads!

First off, I'd like to welcome Arun Koparkar to our Leadership Team along with Alan Baker and me.
Arun has been an enthusiastic participant in San Jose Bogleheads and I'm excited about what his future
contributions might be.

Next, you'll be getting a short survey to let us know how we're doing and how we can get even better.
It only takes about 5 minutes and we'd appreciate it if you could complete and return it by Sunday
evening, March 19th.


And lastly, our monthly meeting will be on Tuesday, March 21st, 7:15-8:30, at the Starbuck's Cafe
in Barnes & Noble near Hwy 85 and Almaden Expressway. The focus topic will be on how we grow and
develop San Jose Bogleheads. So this would be a great meeting to attend if you'd like to make your own
suggestions on the topic.

Look forward to seeing you!

Jim Cosgrove

User avatar
alanwbaker
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Re: San Jose, CA Area South Bay Bogleheads

Post by alanwbaker » Wed Mar 22, 2017 1:54 am

Would you like to learn more about the South Bay Bogleheads? Just send an email to info@southbaybogleheads.com

Alan

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

South Bay Bogleheads April Meeting

Post by jc42 » Tue Apr 04, 2017 11:33 am

South Bay Bogleheads are scheduled to meet this month on:

Date: Tuesday, April 18th
Time: 7:15-8:30 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway near Hwy 85.
Topic: Open Forum

Originally, we had planned on Yateendra leading a discussion on rebalancing. However, he's had an
unavoidable scheduling conflict arise, so Rebalancing is being deferred to May.

This month we'll have Open Forum. This is actually a good opportunity for those of you who have
yet to attend one of our gatherings to do so. We'd like to hear about what brings you to Bogleheads and
how the Chapter can support your personal finance process.

In addition, there are always topics and questions "in the air" that we might discuss. For example:
[*]Does factor investing matter? Or what the heck is factor investing in the first place?
[*]What's more important, saving or investing?
[*]Margin debt is at a new high. Should we care?
[*]Best practices for an organized financial life.
[*]What would a global asset allocation look like?

There's always something.

We'll start gathering around 7:15, begin in earnest at 7:30, and be done by 8:31. No reservations, RSVPs,
or pat downs are required. All are welcome. Bring a friend.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

South Bay Bogleheads May Meeting Announcement

Post by jc42 » Tue May 02, 2017 11:47 am

South Bay Bogleheads are scheduled to meet this month on:

Date: Tuesday, May 16th
Time: 7:15-8:30 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway near Hwy 85.
Topic: Rebalancing

This month, Yateendra will lead a discussion on Rebalancing. Whether you're experienced and comfortable
with rebalancing, or don't have a clue, this should prove worthwhile.

We'll start gathering around 7:15, begin in earnest around 7:30, and be done by 8:31. Feel free to hang around
afterwards and connect with other folks. No reservations, RSVPs, or pat downs are required. All are welcome.
Bring a friend.

If you have any questions or would you like to learn more about the South Bay Bogleheads, just send an email
to info@southbaybogleheads.com.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

South Bay Bogleheads June Meeting Scheduled

Post by jc42 » Sat Jun 03, 2017 1:13 am

South Bay Bogleheads are scheduled to meet this month on:

Date: Tuesday, June 20th
Time: 7:15-8:30 PM
Place: Starbuck's Cafe in Barnes & Noble on Almaden Expressway near Hwy 85.
Topic: ETFs and mutual funds

Money flows into ETFs have surged over the past decade. We'll take a look at this, try
to tease out the reasons for it, and whether we should really care. We'll also look at
when it might be more or less advantageous to use one vehicle or the other.

This should be a worthwhile session for those who don't know an ETF from an EFT, as
well as those who might be thinking about how to most effectively use ETFs or funds.

We'll start gathering around 7:15, begin in earnest around 7:30, and be done by 8:31.
No reservations, RSVPs, or pat downs are required.
Feel free to hang around afterwards and connect with other folks.
All are welcome. Bring a friend.

If you have any questions or would you like to learn more about the South Bay Bogleheads,
just send an email to info@southbaybogleheads.com.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

South Bay Bogleheads July Meeting Scheduled

Post by jc42 » Sun Jul 02, 2017 5:55 pm

South Bay Bogleheads are scheduled to meet this month on:

Date: Thursday, July 20th
Time: 7:15-8:30 PM
Place: Center for Spiritual Living, Mandela Room, 1195 Clark Street, San Jose, CA
Topic: Balanced Funds

This month, Thomas Wang will lead a discussion on balanced funds. Balanced funds
are mutual funds with diversified holdings of stocks and bonds with fixed allocations
that may provide a complete portfolio in a single fund.

We will look at how balanced funds can fit into your personal portfolio in the context
of an age driven asset allocation approach.

This should be especially helpful to anyone who would like to understand the varieties
of balanced funds and how they can be a great portfolio anchor- one you can truly set
and forget.

We'll start gathering around 7:15, begin in earnest around 7:30, and be done by 8:31.
No reservations, RSVPs, or photo IDs required. Feel free to hang around afterwards
and connect with other folks. All are welcome. Bring a friend.

Note that this is a NEW MEETING LOCATION. I think you'll be pleased.

If you have any questions or would you like to learn more about the South Bay Bogleheads,
just email us at info@southbaybogleheads.com.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

South Bay Bogleheads September Meeting, Updated Agenda

Post by jc42 » Sun Sep 03, 2017 6:12 pm

South Bay Bogleheads are scheduled to meet this month on:

Date: Thursday, September 21st
Time: 7:00-8:45 PM
Place: Nelson Mandela Room at CSL San Jose, 1195 Clark Street, in the Willow Glen neighborhood.
Topic: Portfolio Building & Risk Management

Arun Koparkar will make a presentation on the 10 keys to building a solid portfolio. He will also speak on various risks and lay out a hierarchy of risk management strategies. This will be useful to new investors and serve as a reminder to the more experienced. Perfect!

No RSVPs necessary; just show up. Bring a friend. A $5 per person room use fee will be collected.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

South Bay Bogleheads October Meeting

Post by jc42 » Mon Oct 02, 2017 5:58 pm

There will NOT be an October meeting this month!

Resources normally available to lead the meeting will all be out of town and no one
else is moved to fill the void.

Things are looking better for the November meeting, scheduled for November 16th.

See you then.

jc42
Posts: 39
Joined: Fri Mar 20, 2015 9:55 pm

South Bay Bogleheads November Meeting

Post by jc42 » Thu Nov 02, 2017 5:34 pm

South Bay Bogleheads are scheduled to meet this month on:

Date: Thursday, November 16th
Time: 7:00-9:00 PM
Place: Center for Spiritual Living, Mandela Room, 1195 Clark Street, San Jose, CA
Topic: Brokered CDs

This month, Thomas Wang will lead a discussion on Brokered CDs. Brokered CDs are available
through financial intermediaries in addition to banks and credit unions. Thomas will explain
the details.

CDs can be an attractive component for the fixed income portion of a well-diversified portfolio.

We'll start gathering around 7:00, begin in earnest around 7:20, and be done by 8:55.

No reservations, RSVPs, or photo IDs required. All are welcome. Bring a friend. A $5 per person
room use fee will be collected.

If you have any questions or would you like to learn more about the South Bay Bogleheads,
just email us at info@southbaybogleheads.com.

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Tyler Aspect
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Location: California
Contact:

Re: San Jose, CA Area Bogleheads Chapter

Post by Tyler Aspect » Mon Nov 20, 2017 11:58 pm

The November presentation is available at the link below.

Brokered CD in Retirement Portfolio
https://drive.google.com/file/d/1UWtp_S ... sp=sharing

and also the July presentation...

Balanced Funds
https://drive.google.com/file/d/1WSJKbC ... sp=sharing
Last edited by Tyler Aspect on Wed Nov 29, 2017 12:36 am, edited 1 time in total.
Past result does not predict future performance. Mentioned investments may lose money. Contents are presented "AS IS" and any implied suitability for a particular purpose are disclaimed.

FoolStreet
Posts: 427
Joined: Fri Sep 07, 2012 12:18 am

Re: San Jose, CA Area Bogleheads Chapter

Post by FoolStreet » Tue Nov 28, 2017 10:08 pm

Tyler Aspect wrote:
Mon Nov 20, 2017 11:58 pm
The November presentation is available at the link below.

https://drive.google.com/file/d/1UWtp_S ... sp=sharing
Thank you for sharing this.

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