Search found 916 matches

by Makefile
Tue Jul 13, 2021 2:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard buys Just Invest.....
Replies: 75
Views: 8551

Re: Vanguard buys justinvest.....

According to their site , JustInvest has 600 customers with $700M under management. This is a rounding error for Vanguard. I think this alone makes it pretty clear that the acquisition wasn't really about AUM, since they had plenty of organic ways to accomplish the same thing. Must be a play for th...
by Makefile
Tue Jul 13, 2021 2:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard buys Just Invest.....
Replies: 75
Views: 8551

Re: Vanguard buys justinvest.....

This part of JustInvest’s Our Approach page looks interesting: “Just Invest also addresses tax efficiency on a household level by transitioning accounts and handling concentrated positions in a tax efficient manner. Using quantitative account asset location, Panorama™ creates trading recommendation...
by Makefile
Tue Jul 13, 2021 2:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard buys Just Invest.....
Replies: 75
Views: 8551

Re: Vanguard buys justinvest.....

Where does this increased tax efficiency come from? Is the efficiency limited to the capture of 3bps of fees? Or is it the tax loss harvesting (which is overrated in my opinion:https://www.sec.gov/news/press-release/2018-300)? Partly tax loss harvesting. Just because there are bad apples does not m...
by Makefile
Thu Jul 08, 2021 4:31 pm
Forum: Personal Investments
Topic: Direct Deposit Complications with Transition to Brokerage
Replies: 7
Views: 720

Re: Direct Deposit Complications with Transition to Brokerage

Unfortunately you may be correct as Vanguard does not have a clue, at least the rep I spoke with. I suppose I would set up direct deposit with my bank. However, I do not know if I would have to manually discontinue with Vanguard; I hope not as I would not know when to do that so a check does not bo...
by Makefile
Thu Jul 08, 2021 4:13 pm
Forum: Investing - Theory, News & General
Topic: Wells Fargo closing all personal lines of credit
Replies: 46
Views: 6596

Re: Wells Fargo closing all personal lines of credit

The thing with 20% interest loans is the bank gets their money back very quickly and then it's pure gravy after that. You'd need a pretty high default rate to not make money charging that kind of interest. It's a little concerning though from a macro point of view. WF must be concerned about this l...
by Makefile
Thu Jul 08, 2021 1:40 pm
Forum: Personal Investments
Topic: Joint Vanguard Brokerage Account
Replies: 8
Views: 648

Re: Joint Vanguard Brokerage Account

I've had a Vanguard account for many years and it includes my 401K from an old company, Roth IRA, 529 accounts for our kids, as well as my brokerage account. Each of those is already a separate account and should have separate account numbers already (by "401K from an old company" do you ...
by Makefile
Wed Jul 07, 2021 5:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Customer Service 2021
Replies: 55
Views: 6884

Re: Vanguard Customer Service 2021

this thread is relevant to me. been a VG guy for decades. helping my kids get IRAs set up. really not liking the concept of 'a struggle' to get a simple Roth IRA set up in a single 'invest and forget' balanced MUTUAL FUND. do NOT want a brokerage account format for them. i realize it gives benefits...
by Makefile
Wed Jul 07, 2021 2:13 pm
Forum: Personal Investments
Topic: Turning 27: Time to Reduce Equities?
Replies: 98
Views: 7610

Re: Turning 27: Time to Reduce Equities?

If you just turned 27 and have no plans to retire early, would it be silly to reduce from 100% US TSM and put some in cash and/or bonds? I've been reading a lot of threads lately and it seems most agree that equities are overvalued. I did not panic at all during the market drop of 2020. I just kept...
by Makefile
Tue Jul 06, 2021 3:46 pm
Forum: Personal Investments
Topic: 401k International Options
Replies: 3
Views: 227

Re: 401k International Options

Oftentimes 401(k)s will only have something like MSCI EAFE as the international index fund, which is a developed markets fund but has some quirks like not including Canada. So you can go on the wiki and look at the approximating total international stock page if you want to be precise about rebuildi...
by Makefile
Tue Jul 06, 2021 3:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's recent customer quality performance
Replies: 10
Views: 1035

Re: Vanguard's recent customer quality performance

Another speculation is that the pandemic drew in a lot of new investors (due to working from home, stimulus checks, etc.) generating a bunch of extra calls about trivial issues.
by Makefile
Tue Jul 06, 2021 2:53 pm
Forum: Personal Investments
Topic: Mutual Fund Accounts vs Brokerage Accounts
Replies: 26
Views: 2074

Re: Mutual Fund Accounts vs Brokerage Accounts

What are the advantages and disadvantages? Why would one not switch one's mutual fund account to a brokerage account? It seemed to me that there was no difference in practice, except one could do more things in a brokerage account (but one doesn't have to do any of those things). But there must be ...
by Makefile
Tue Jul 06, 2021 2:27 pm
Forum: Personal Investments
Topic: Mutual Fund Accounts vs Brokerage Accounts
Replies: 26
Views: 2074

Re: Mutual Fund Accounts vs Brokerage Accounts

Thanks for the replies. Used to have mutual fund accounts with several companies prior to all the 2000s market crashes. Since Vanguard will only open Brokerage Accounts for new clients (have had to handle accounts for others) was wondering if any of those former funds (T Rowe Price was one) still h...
by Makefile
Tue Jul 06, 2021 12:33 am
Forum: Personal Consumer Issues
Topic: Quaint towns within 3 hours of Dulles?
Replies: 36
Views: 3704

Re: Quaint towns within 3 hours of Dulles?

Leesburg or Winchester, VA if you wish to stay in Virginia. I would bypass MD and look to PA for many reasons. You've got Gettysburg, York, even Lancaster, and lots of other places within three hours drive. -TheDDC I also thought of Leesburg but then thought of driving down VA-7 which seems like ex...
by Makefile
Mon Jul 05, 2021 10:14 pm
Forum: Personal Consumer Issues
Topic: Quaint towns within 3 hours of Dulles?
Replies: 36
Views: 3704

Re: Quaint towns within 3 hours of Dulles?

Dulles Airport seems to be making a very slow comeback from the pandemic. I wonder about its future role as a United hub. Many domestic flights seem to have returned, but United has concentrated most of their reinstated international flights at Newark instead of at Dulles. That is a good point, I s...
by Makefile
Mon Jul 05, 2021 10:03 pm
Forum: Personal Consumer Issues
Topic: Quaint towns within 3 hours of Dulles?
Replies: 36
Views: 3704

Re: Quaint towns within 3 hours of Dulles?

We will be empty nesters in 3 years and are already considering moving. We would like to find a nice town within 3 hours of IAD (any state, any direction, just not towards DC). We want to get a couple acres (1-10) and maybe an older/historical house that doesn’t need much updating. Schools do not m...
by Makefile
Mon Jul 05, 2021 9:42 pm
Forum: Personal Consumer Issues
Topic: Quaint towns within 3 hours of Dulles?
Replies: 36
Views: 3704

Re: Quaint towns within 3 hours of Dulles?

We will be empty nesters in 3 years and are already considering moving. We would like to find a nice town within 3 hours of IAD (any state, any direction, just not towards DC). We want to get a couple acres (1-10) and maybe an older/historical house that doesn’t need much updating. Schools do not m...
by Makefile
Mon Jul 05, 2021 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Estate tax education and avoidance
Replies: 64
Views: 4937

Re: Estate tax education and avoidance

Thank you all. BTW if parents just buy cars/house/travel for kids or transfer their houses to kids does anyone track this? It seems strange that US govt would need to be notified for transactions between parents and kids. This seems like a very easy one time way to transfer assets to heirs. The IRS...
by Makefile
Mon Jul 05, 2021 6:38 pm
Forum: Personal Investments
Topic: Legacy Account for Grandchild
Replies: 20
Views: 1916

Re: Legacy Account for Grandchild

This is exactly what a 529 plan is designed for. The annual limits may not work exactly as you've stated though, although I believe there is a way to "front-load" multiple years of contributions to start up the account. If outside of a 529 plan there may need to be a need to file a gift ta...
by Makefile
Mon Jul 05, 2021 6:34 pm
Forum: Personal Investments
Topic: Simple IRA with 5% front-end load
Replies: 13
Views: 1201

Re: Simple IRA with 5% front-end load

For what it's worth, I looked at the prospectuses for a few of the index funds in the PDF I linked earlier, and they say that despite being class A, there is no sales charge (load), although the expense ratio on the iShares Total US Stock Market fund, for example, is 0.31%.
by Makefile
Mon Jul 05, 2021 6:10 pm
Forum: Investing - Theory, News & General
Topic: What happened to VTIP on 1 July?
Replies: 13
Views: 1275

Re: What happened to VTIP on 1 July?

Looks like a 48.08 cent dividend is on the way.
by Makefile
Mon Jul 05, 2021 5:53 pm
Forum: Personal Investments
Topic: Leaving Vanguard
Replies: 87
Views: 14135

Re: Leaving Vanguard

I have my Roth and a Brokerage account with VG. The last two times I tried to call Vanguard for a simple customer service action I was on hold for nearly 45 minutes waiting to talk to a representative on top of making my way through a maze of automated menu items, none of which was the reason I was...
by Makefile
Mon Jul 05, 2021 3:41 pm
Forum: Personal Investments
Topic: Simple IRA with 5% front-end load
Replies: 13
Views: 1201

Re: Simple IRA with 5% front-end load

Ouch I did find this: https://www.blackrock.com/us/individual/literature/forms/simple-ira-employee-kit.pdf Looks like there is a choice between A, C, K, and institutional, which conveniently, is the reverse order of preference. Hopefully you can get the index funds in class K if not institutional. L...
by Makefile
Mon Jul 05, 2021 3:26 pm
Forum: Personal Consumer Issues
Topic: Retirement Move to DC area?
Replies: 70
Views: 4287

Re: Retirement Move to DC area?

The good thoughts, information and suggestions from everyone is confirming that a decision to relocate to the DC area is just as complicated as I imagined. It makes me appreciate my situation here in Winston-Salem even more, while wishing for close proximity to our daughter and her family. But I kn...
by Makefile
Thu Jul 01, 2021 6:19 pm
Forum: Personal Investments
Topic: Tax Gain Harvesting
Replies: 3
Views: 417

Re: Tax Gain Harvesting

If you have also considered the impact on state income tax, and also checked whether it might affect eligibility for any tax credits based on adjusted gross income (which may not even exist yet, given the example of the coronavirus stimulus payments), then yes it is a good idea. Edit: don't forget ...
by Makefile
Thu Jul 01, 2021 3:18 pm
Forum: Personal Consumer Issues
Topic: Tomatoes turn water orange when being washed
Replies: 27
Views: 3421

Re: Tomatoes turn water orange when being washed

Parenthetically... supermarket "tomatoes" started to be tasteless, so I started buying cherry tomatoes, which "tasted like tomatoes" to me. The worst of the worst of tomatoes are what they have at Subway, to the point that I barely go anymore. They are either tough+white with co...
by Makefile
Wed Jun 30, 2021 3:10 pm
Forum: Personal Investments
Topic: Difficult 401k advisor and after tax 401k access
Replies: 14
Views: 1301

Re: Difficult 401k advisor and after tax 401k access

You need the Summary Plan Description (SPD) to know. You have a right to see it. The plan does not have to allow after-tax contributions, and may not. Yes, I understand the plan may not offer the after-tax contributions. I am in a position to change our organizations plan if necessary. I was not as...
by Makefile
Wed Jun 30, 2021 3:04 pm
Forum: Personal Consumer Issues
Topic: Can Microsoft365 be set up to receive my domains's emails direct?
Replies: 12
Views: 796

Re: Can Microsoft365 be set up to receive my domains's emails direct?

So it's the same e-address, also using our personal domain (MyName@MyDomain.com). I need to look for a new e-address to start afresh. So long as you own your domain name, you can direct emails to go to any provider you want. It does not need to be the same as your domain registrar and certainly doe...
by Makefile
Wed Jun 30, 2021 2:52 pm
Forum: Personal Investments
Topic: Difficult 401k advisor and after tax 401k access
Replies: 14
Views: 1301

Re: Difficult 401k advisor and after tax 401k access

You need the Summary Plan Description (SPD) to know. You have a right to see it.
The plan does not have to allow after-tax contributions, and may not.
by Makefile
Tue Jun 29, 2021 4:24 pm
Forum: Personal Investments
Topic: Transitioning to Brokerage Platform
Replies: 31
Views: 1837

Re: Transitioning to Brokerage Platform

Can’t be cost effective to offer so many funds, they should eliminate all but Total Stock and Total Bond to save costs. This is actually a pretty good idea! If the non-total market funds are getting spun off to a separate company, you'd need to think of a famous ship with its name starting with U (...
by Makefile
Tue Jun 29, 2021 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: My father wants to buy/gift stock(s) to young grandson
Replies: 13
Views: 1215

Re: My father wants to buy/gift stock(s) to young grandson

It isn't the brightest idea (total market index funds would be better) but it does seem extremely common, and might be a "don't look a gift horse in the mouth" situation. It was more annoying in the past when brokers didn't track cost basis, so the kid becomes an adult and there are no rec...
by Makefile
Tue Jun 29, 2021 2:56 pm
Forum: Personal Investments
Topic: Transitioning to Brokerage Platform
Replies: 31
Views: 1837

Re: Transitioning to Brokerage Platform

If SOME customers have valid reasons, then ideally the long time "platform" would remain. Most fund managers have both direct sales ("old platform") and indirect via any broker (in rare cases a broker owned by the fund manager). Clients should be able to choose what they prefer....
by Makefile
Tue Jun 29, 2021 2:44 pm
Forum: Personal Investments
Topic: Any younger investors following Benjamin Graham’s - 75/25?
Replies: 42
Views: 4974

Re: Any younger investors following Benjamin Graham’s - 75/25?

I’m in the middle of the book and I’m curious if any 25-35 year olds are holding this ratio. Seems extremely conservative to me. I can't remember whether it was on here or else, but someone made a good point. When Graham wrote the first edition of that book remember he had just lived through World ...
by Makefile
Tue Jun 29, 2021 2:36 pm
Forum: Personal Consumer Issues
Topic: Amazon Shipping Returned Items
Replies: 7
Views: 721

Re: Amazon Shipping Returned Items

Was the item specifically "Sold and Shipped by Amazon.com". I don't buy anything on there that isn't unless it's something sensible (like an out-of-print book).
by Makefile
Tue Jun 29, 2021 2:31 pm
Forum: Personal Investments
Topic: New 401k Provider - Help Pick funds?
Replies: 4
Views: 394

Re: New 401k Provider - Help Pick funds?

The Vanguard Institutional Index fund is an S&P 500 fund. You can add some Vanguard Mid Cap Index + Fidelity Small Cap Index to approximate Total Stock if you want. It's weird that they mixed providers with those. Vanguard FTSE All-World ex-US is close to total international. The transfer limit ...
by Makefile
Tue Jun 29, 2021 1:59 pm
Forum: Personal Investments
Topic: The Difference Between Index ETFs and Mutual Funds
Replies: 88
Views: 5765

Re: The Difference Between Index ETFs and Mutual Funds

It appears that there MIGHT be some sort of potential tax bomb waiting in the mutual funds that doesn't exist in the ETFs. A tax bomb? No. If you're holding an indexed mutual fund that doesn't use Vanguard's patented ETF-as-a-share-class structure, such as Fidelity's or Schwab's, it's more like a m...
by Makefile
Mon Jun 28, 2021 8:00 pm
Forum: Personal Investments
Topic: Recording the recorder: Fidelity and transaction mistakes
Replies: 30
Views: 2351

Re: Recording the recorder: Fidelity and transaction mistakes

Today I log into the account and see that Fidelity did a "proportional withdrawal" from both positions, rather than taking all of the monies from SPAXX. Their mistake. Sounds annoying. I wonder if the issue is that the plan, contrary to what the rep said, doesn't actually allow for anythi...
by Makefile
Sun Jun 27, 2021 6:48 pm
Forum: Personal Investments
Topic: Transferring Cash Between Two Roth IRA Accounts
Replies: 12
Views: 1044

Re: Transferring Cash Between Two Roth IRA Accounts

I have a Roth IRA with Schwab but would also like to open an Ally Roth IRA Savings account. If I open this account, will I be able to make cash transfers between my Schwab Roth IRA and my Ally Savings Roth IRA online? I can easily make online cash transfers between my Schwab (Regular) Savings accou...
by Makefile
Sun Jun 27, 2021 6:15 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman retiring in the fall
Replies: 81
Views: 11658

Re: Ric Edelman retiring in the fall

I’ve used FE for more than 10 years. The AUM fees are reasonable through my employer, but I don’t believe my returns are very good. I just looked up on my Fido 401k that is managed by FE, and my rate of return from 6/30/2011 to 6/25/2021 is 154.9%. Maybe my math is wrong but that's a 10 year period...
by Makefile
Sun Jun 27, 2021 10:39 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman retiring in the fall
Replies: 81
Views: 11658

Re: Ric Edelman retiring in the fall

I’ve used FE for more than 10 years. The AUM fees are reasonable through my employer, but I don’t believe my returns are very good. I just looked up on my Fido 401k that is managed by FE, and my rate of return from 6/30/2011 to 6/25/2021 is 154.9%. Maybe my math is wrong but that's a 10 year period...
by Makefile
Sat Jun 26, 2021 8:47 pm
Forum: Personal Consumer Issues
Topic: Ocean City, NJ and Ocean City, MD Visit
Replies: 15
Views: 1292

Re: Ocean City, NJ and Ocean City, MD Visit

You don't state it explicitly but I assume you are taking the Cape May-Lewes Ferry? I suppose a boat ride counts as a children's activity.
by Makefile
Sat Jun 26, 2021 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says my deceased mother filed/paid taxes- MYSTERY SOLVED
Replies: 32
Views: 5049

Re: IRS says my deceased mother filed/paid taxes

If the transcripts really do show taxes filed, and taxes paid, I guess I'll have to order a return to see what income is being received, and who is filing/paying taxes in her name. Obviously I am quite sure my mother is not working, and can't imagine what income there could be-- her estate was clos...
by Makefile
Fri Jun 25, 2021 2:41 pm
Forum: Investing - Theory, News & General
Topic: ETF Cash Drag vs Mutual Fund Fees
Replies: 16
Views: 1429

Re: ETF Cash Drag vs Mutual Fund Fees

But is this worth considering when seeking to optimize your investments? Perhaps the difference seems trivial when only investing $6k, but would it become significant when considering a 6 or 7 figure portfolio? Wouldn't it be the other way around? Since the leftover cash can never be more than the ...
by Makefile
Fri Jun 25, 2021 2:37 pm
Forum: Personal Investments
Topic: Another Emergency Fund Question: Do I Need One Anymore?
Replies: 84
Views: 6708

Re: Another Emergency Fund Question: Do I Need One Anymore?

Interestingly sometimes I run into investing material from back in the 90s, and it doesn't talk about asset allocation being just "stocks and bonds" but "stocks, bonds and cash [reserves]." I guess some of that thinking was from cash paying a visible, nominal return even if, afte...
by Makefile
Thu Jun 24, 2021 2:17 pm
Forum: Personal Consumer Issues
Topic: Apple vs PC Purchase Decision
Replies: 77
Views: 5287

Re: Apple vs PC Purchase Decision

ps - you might need a bunch of adapters to connect your stuff to a Mac laptop as the ports are scarce as hen's teeth.
by Makefile
Thu Jun 24, 2021 2:15 pm
Forum: Personal Consumer Issues
Topic: Apple vs PC Purchase Decision
Replies: 77
Views: 5287

Re: Apple vs PC Purchase Decision

Sounds like the Mac is the right choice, though I wonder why it must be a laptop when you're going to tether it down anyway. Why not just get a Mac mini. They're cheaper. Then you can get a laptop later on and not have to dismantle your setup every time you want to travel.
by Makefile
Thu Jun 24, 2021 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on elder parent in transition
Replies: 39
Views: 4317

Re: Thoughts on elder parent in transition

Putting everything in my name could (I think) shield assets and therefore allow for LTC assistance as long as we plan far enough in advance. I don't think we can get LTCI for her at this point. I assume the "LTC assistance" you mention is Medicaid. If so, be aware that transferring wealth...
by Makefile
Tue Jun 22, 2021 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: New York Last Will in Nevada
Replies: 9
Views: 1147

Re: New York Last Will in Nevada

When moving out of a high-income-tax state (NY) would making a will in the new state be another checkbox to help establish residency in the new state?
by Makefile
Tue Jun 22, 2021 7:11 pm
Forum: Personal Investments
Topic: What fund to pick for retired Mom
Replies: 43
Views: 2798

Re: What fund to pick for retired Mom

That one is US only.
LifeStrategy Moderate Growth would be a similar allocation that includes international.
by Makefile
Tue Jun 22, 2021 5:30 pm
Forum: Personal Investments
Topic: Transitioning to Brokerage Platform
Replies: 31
Views: 1837

Re: Transitioning to Brokerage Platform

Hi all - for those that have already done this, do you lose check writing and ACH/WIRE privileges on your Regular accounts ? Never had ACH/WIRE but when I switched I had to reestablish the check writing. They sent me all new checks with the new account number and told me to trash the old checks. Al...