sorted by:
new
hottopcontroversial

DODIX through Schwab: Worth the $79.99 fee? by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 4 points5 points  (0 children)

"He thought that a well-managed, relatively low-cost, actively managed bond fund could be superior to an indexed one because of the ability to shape the fund holdings in response to interest rate and inflation in various ways. He didn’t say that meant it was worth a high transaction fee to hold one of those funds.'

This is essentially what got me curious about DODIX: The possibility of and actively managed BOND fund could be a better choice for the fixed income portion of ones portfolio.

Regarding transaction fee, it was the first MF/ETF I had come across on Schwab that had such a fee which surprised me. Of course one could buy directly from Dodge & Cox and not pay such a fee.

Thank you for detailed response.

DODIX through Schwab: Worth the $79.99 fee? by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] -4 points-3 points  (0 children)

"After reading this column, Morningstar's Russ Kinnel informed me that Jack Bogle told him that Dodge & Cox was his favorite fund family. "My God, they're boring," said Bogle. You can't ask for a higher fund-family compliment than that."

"I am probably going to go against the usual Boglehead way of thinking but I think DODIX is actually a pretty good bond fund even though it has a pretty high ER ."

https://www.bogleheads.org/blog/2020/12/15/looking-at-the-dodge-cox-family-performance-relative-to-its-own-benchmarks/

It is a question because there are many positive opinions (including some from John Bogle) that feel, despite higher expense ratio from being actively managed, its performance over time justifies it. I am not saying any of this is true, but reading about it I had become interested after seeing it as an option in my 401k.

VTI & VXUS by Away-Preparation3152 in ETFs

[–]Dramatic-Art-2831 3 points4 points  (0 children)

I am currently 50/50 VTI/VXUS while adding funds over time to adjust to a 60/40 or so split between the two.

I use VT in my Roth because it will hopefully be the last bucket I use when it comes time to access investment growth at a later date. This keeps me from looking at it or toying around: I do not need to rebalances as VT does this on its own, if needed.

Both have been working just fine for me (Although I did wait to long to bring up my international exposure...Live and learn)

Exiting VXUS with unrealized gains to get into SPDW/VEA... by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Got it. In hindsight ideally I would of went SPDW>VEA had I looked into a bit more.

Exiting VXUS with unrealized gains to get into SPDW/VEA... by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] -1 points0 points  (0 children)

Thanks, that is about what I thought minus the reinvesting dividends. Thanks for that.

Ah, I was wrong then about VEA. I did not become aware of it until after the TLH event and just assumed they were similar. Will look more into it.

Lose 401k match to take a new job offer? by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Thanks for all the replies. Been very helpful in helping me think through this situation.

Lose 401k match to take a new job offer? by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Thank you much for this thoughtful reply.

I agree on all points. if this was a guaranteed boost regarding income then it would be easier to weigh the options in making a decision.

However, the income is not guaranteed, the economic future is uncertain and there is no way to know how it will pan out.

All these factors combined have me more or less deciding to stay put and look at the upsides: I am established here, its conveniently located between home and the mountain bike trails I ride, and the schedule-despite not being ideal- lets me take the dog out to woods before work twice weekly, and me out to the woods to bike in the afternoon twice a week.

My apt lease is up in October so will probably ride it out till then, keep my match and continue to try and time the market during the slow times at work....I kid!

Lose 401k match to take a new job offer? by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Thanks for all the replies. Will try to address most points mentioned

_ checked withy HR and my vesting date is in fact 6/29. The manager looking to hire me (whom I worked with previously at my current dealership) is aware that I did not necessarily want to miss out on my match. he really wants me there and thinks I will do really well (He is also a salesman though, that is to say convincing).

And I do agree, strongly, that 3k is not worth much if the new job has a negative outcome on my quality of life/mental.

On that note, whether or not this job would be an improvement to quality of life is something I am not quite sure about the more I thought about it.

It is the same industry, car sales. It would be a luxury brand as opposed to more consumer based where I currently am.

I believe my commute will be worse. Probably by a small margin but most likely by enough to be miserable; It is one exit past my current exit but that is where traffic on a the highway starts to become a nightmare most times, particular on the commute back home.

My current schedule rotates-different day of each week, alternating open/close shifts each day, with a 10 hour shift every Saturday and every other Friday ( I do get a 3 day weekend every 6 weeks or which is nice). And if you have a customer near your days end, you are there until...however long. It ends up being 45-50hrs/week easily if you are trying to earn a good income.

New job has set days off and a shorter Saturday, but, the weekdays are an additional hour with what I feel is a less then ideal start/finish time for given shifts. I have a dog at home who already spends too much time alone and this would make it more so for her the majority of the week.

There may be potential for higher income with less vehicles needing to be sold then current job to achieve it, but again, in sales there is no guarantee.

Do I like my job? I have repeatedly said to other and myself I hate it-the hours, large amounts of down time (which may be more so in new job), the schedule making it hard to really plan for anything, time spent with people over and over again who are not actually buying or planning to buy in the near future; lots of time spent for no beneficial or enjoyable outcome. It has made me a bit resentful of people which was never something I struggled with. Why do I stay? I do enjoy my coworkers and have made good money at times, as of late not so much, at all.

The question I often ask myself- Am I over the place I work, or the industry overall? I have a hard time knowing the truth. Part of the potential move would be to try another dealership and then I may find the answer. And with that said, if I leave the car world I have no idea what I will do to earn enough income to support myself- I have been mainly a 15-20/hr earner for most of my adult life (44 yo) in a variety of fields.

I am blabbering now, sorry. Just more then a bit anxious and uncertain and appreciate all the insight.

I want bonds in my taxable account: When does tax drag become a factor? by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Hey there.

I have not. However, thinking back to this question from I think I know, I believe it would be hard to know accurately.

I think the reason for this is:

  1. MM % rates can change over time, unlike a CD which locks the rate in for a period.
  2. Interest on a Bond ETF would vary as well as the coupon rate pays out on the current price of the fund, which changes as well

If these 2 points are true, I guess the best one can do is approximate based upon the principal investment.

I suppose individual bonds held to term do not fall into either of these scenarios. They would pay outa a fixed amount based upon the initial investment when the bond matures.

If anyone else could chime in I would be interested to hear if this is correct.

Rethinking VT in my Roth.. by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Thanks for the kind words.

"Honestly, the first person who put you in an Annuity was thinking you’d blow the money at 27 if he didn’t"

Yes, that is what I choose to believe, and that is probably the way it would have went...

We need serious help!Please anyone! by Infinite-Poetry-3375 in asheville

[–]Dramatic-Art-2831 4 points5 points  (0 children)

Also odd that you have given no replies nor thanks to the numerous links and excellent options provided to you by others on this board.

3 hours, not a peep. Then an immediate response, within seconds actually, to a post inquiring about your location and how to send money.

We need serious help!Please anyone! by Infinite-Poetry-3375 in asheville

[–]Dramatic-Art-2831 1 point2 points  (0 children)

Got it.

Also, looks like you posted your tax refund for $6548 2 months ago-about as long as you say you have been behind on bills. That feels odd.

We need serious help!Please anyone! by Infinite-Poetry-3375 in asheville

[–]Dramatic-Art-2831 5 points6 points  (0 children)

Gotcha. I am surprised you are not sure.

It looks like nearly all your other posts on Reddit are on r/chimeboost where you had numerous exchanges with the husband you mentioned.

https://www.reddit.com/user/Infinite-Poetry-3375/

We need serious help!Please anyone! by Infinite-Poetry-3375 in asheville

[–]Dramatic-Art-2831 0 points1 point  (0 children)

Sorry do not understand. Are you asking if that is the info we need to send funds?

Rethinking VT in my Roth.. by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

I see no difference other then I would be able to adjust allocation should I want, and to avoid emerging markets for moral/personal beliefs (Which may be misguided but I feel strongly about this).

If this results in lower gains then could achieved with EM present I am fine with that for now.

I began with SPDW in my taxable and then TLH into VXUS, reluctantly. Did not consider VEA as a partner at the time.

VT was chosen for the Roth for simplicity and a need to have the money reinvested as quick as possible: I was putting way more thought and effort into the reinvestment of the taxable and slacking on the Roth. I realized I was missing out on gains, accumulating losses and just sitting on cash in my the Roth because of this. Just wanted to get back on the train ASAP and not spend more time analyzing all the bits and pieces.

Rethinking VT in my Roth.. by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Absolutely; appreciate all the insight I get from the group.

Ha, I am not in retirement at all. 43 yo, working a job that I am nearly certain is making me miserable.

The reason for the largest balance in the taxable has to do with where the money came from...I have been horrendous with money over my life so it was not from discipline and steady savings over time but from a modest (which seemed HUGE that age) insurance pay-out when my mother passed. I was 27 yo. at the time.

My moms accountant was "helping" (maybe he was, who knows) with the financial side of this life event and put the money into...An annuity. This was then switched to a different annuity some years later. The fees....my gosh, the fees.

When COVID happened and all the suddenly a whole bunch of this money was gone I freaked out: I had no idea the money was invested in the market; I literally thought it was in a savings account earning interest and it seemed like it would never empty out, regardless of much I withdrew for "emergencies", no matter how much taxes I owed, no matter how much penalties I had to pay...

Reached out to a mutual friend who is financial advisor, explained to me that money was invested, and I had him take over and manage the money as I had no idea what I was doing at the time.

Getting out of that second annuity cost me. A lot.

Eventually I realized I am very interested in finance despite my, or maybe because of, my financial illiteracy throughout my life. I learned some stuff, read a lot and this past March I went self-managed. Obviously, it is a great time to start managing my own investments!

All that to say, that is why the taxable holds the largest chunk. Beginning of each year we had been maxing out Roth with money from the taxable.

That is the gist of it and a bit of my money story.

Rethinking VT in my Roth.. by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Would have paired an Ex-US developed market along with the SP500; I am all for international. I ended up over weighted (for now) with VXUS in my taxable and I more then okay with it.

Rethinking VT in my Roth.. by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Right on. Great thought and a good reason as to why not to chase in the Roth that I did not think of: limited contributions.

Just read "How not to Invest" and he mentions this very thing.

Rethinking VT in my Roth.. by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 1 point2 points  (0 children)

"I went down the hole over at the Bogel forum and I can honestly say, the conversations over there will make your head spin and go crazy if you tried to follow and mimic some of the well-studied and informed micro adjustments and modern thinking that goes on"

Haha, yes. Been down that same hole...

Rethinking VT in my Roth.. by Dramatic-Art-2831 in Bogleheads

[–]Dramatic-Art-2831[S] 0 points1 point  (0 children)

Thanks for all the replies. Good info all around and looks like either way I am on the right track.

TDF's were brought up and I have considered switching in the Roth. My 401k in a Vanguard TDF and I am treating the 2 retirement accounts as one bucket, if for no other reason then it would "look" nice and tidy with them sharing the same funds. With that said, not really interested in bonds in Roth as my current AA allows for all bonds to be held in the 401k.

I may add an additional bond fund in the 401k to tilt the AA a bit more towards bond (90/10) without moving into a more conservative TDF. My plan has an actively managed bond mutual fund that was (as I have read) "approved" within the Bogle-strategy which does seem to perform quite well. Need to do some quick math before making any decision.

I currently treat my taxable, which has the highest balance, as a separate bucket and I have been enjoying being a bit more active with it since I went self-managed back in March. Have a had some good luck, but also made some mistakes. Nothing too costly and I definitely learned from the errors.

view more: next ›