Search found 1239 matches

by RustyShackleford
Mon Apr 16, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3502
Views: 987566

Re: What Movie Have You Recently Watched?

Dunkirk: Unlike the majority, I thought it was terrible. I agree. Laughable, really. Just so much stupid stuff. Maybe the worst was the grounded boat that the soldiers took refuge in, and when it started to float, they somehow decided that ONE guy getting off would mean the difference between it fl...
by RustyShackleford
Sun Apr 15, 2018 9:36 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3502
Views: 987566

Re: What Movie Have You Recently Watched?

Dunkirk: Unlike the majority, I thought it was terrible. I agree. Laughable, really. Just so much stupid stuff. Maybe the worst was the grounded boat that the soldiers took refuge in, and when it started to float, they somehow decided that ONE guy getting off would mean the difference between it fl...
by RustyShackleford
Wed Apr 04, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 42
Views: 2757

Re: compression sack for sleeping bag, help with calculations please

Please don't use a compression stuff sack, it can permanently reduce the loftiness of the bag, thereby reducing it's warmth. I agree. If you need a compression sack, you need to carry less stuff or get a bigger pack. Also, they tend to be kinda heavy, with all the straps and stuff. IMHO, these are ...
by RustyShackleford
Tue Feb 20, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3601

Re: why Vanguard short-term bond instead of CD

welderwannabe wrote:
Tue Feb 20, 2018 7:31 pm
Don't rule out buying TBills and 2 year Treasuries. The yields lately have been close or better than brokered CDs depending on term.
Bingo ! Unfortunately I'm looking at my Roth now, so the tax break doesn't help me. But I still elected to put this money into a T-Bill.
by RustyShackleford
Tue Feb 20, 2018 7:33 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3601

Re: why Vanguard short-term bond instead of CD

Retail? CDs like from ally bank can offer some advantages as often the penalty to break them is much smaller than the benefit of investing in a higher yielding CD. Right now, bankrate is only showing a wee bit higher than the T-Bill I just bought with 2.1% YTM maturing a year from now (which was ac...
by RustyShackleford
Tue Feb 20, 2018 7:25 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3601

Re: why Vanguard short-term bond instead of CD

You buy a CD with a 2% yield. The day after inflation spikes to 3% and rates jump to 4%. You have lost money. Not unless I sell the CD. Similarly, the fund's share price will go down and I'll lose money if I sell it. No, you have lost money. The market has moved against you and you have a loss. The...
by RustyShackleford
Tue Feb 20, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3601

Re: why Vanguard short-term bond instead of CD

What the SEC yield does is assumes the current price and projects income (both coupon and amortized) of the current holdings, divides the 2, and gets the yield. Then it subtracts out the expense ratio. A little more complicated than that but that is the gist of it. Ok, I guess that makes sense. Tha...
by RustyShackleford
Tue Feb 20, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3601

Re: why Vanguard short-term bond instead of CD

You buy a CD with a 2% yield. The day after inflation spikes to 3% and rates jump to 4%. You have lost money. Not unless I sell the CD. Similarly, the fund's share price will go down and I'll lose money if I sell it. I will grant that CDs carry low risk and may even beat out a short term bond fund ...
by RustyShackleford
Tue Feb 20, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3601

Re: why Vanguard short-term bond instead of CD

If the more flexible investment of a bond fund, with a SEC yield of 2.37 and an expense ration of 0.07 seem to give you a higher yield than a one year CD, which is less flexible, than the premium for the risk of said principle seems 0.3% The average duration of the bond fund (BSV) is 2.7 years. The...
by RustyShackleford
Tue Feb 20, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3601

Re: why Vanguard short-term bond instead of CD

You are not misunderstanding anything. CDs can be better on a risk/return basis than a bond fund, but you are giving up liquidity with a CD. A CD is fixed in time and you can not access the money (or at least not until you break the contract and pay the respective panelty). A Bond fund is traded an...
by RustyShackleford
Tue Feb 20, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3601

Re: why Vanguard short-term bond instead of CD

I don't understand where that 2.37% SEC yield comes from. You get yield from dividends and from share price appreciation, right ? So either the share price is going to increase, or somehow the dividends are going to be higher than they are now. I don't see it. I don't see how CDs have principal risk...
by RustyShackleford
Tue Feb 20, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 3601

why Vanguard short-term bond instead of CD

Yes, it's yet another CDs versus bond funds thread. This one is a very narrowly-focused question & answer though ... I have a pile of cash in my Roth, that is earmarked (according to my AA) for fixed-income. What to do with it ? Much of what I've read suggests a short- or intermediate-term bond fund...
by RustyShackleford
Tue Feb 13, 2018 11:55 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7719

Re: Are Password Managers Really Necessary?

Ok, I'm almost convinced. Definitely want an offline (not in cloud) one though, so I'm gonna try Keepass. But the single-point-of-failure issue continues to haunt me. For example, I just searched 'keepass' and at least 3 sites came up that look like legit places to get it. Is one of them illegit - w...
by RustyShackleford
Tue Feb 13, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7719

Re: Are Password Managers Really Necessary?

That's my entire point. If your google password includes the numeric key, as is the case as described, then compromising the google password compromises one's entire identity. No attacker will fail to realize what you've done. Well, all one's passwords would include the numeric key, right, doesn't ...
by RustyShackleford
Tue Feb 13, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: automatic sweep out of brokerage settlement fund
Replies: 3
Views: 491

Re: automatic sweep out of brokerage settlement fund

Why not just embrace the new Federal Money Market fund? The yield is only slightly lower than Prime Money market (-0.17%). Do a manual sweep over to Prime once or twice a year, and you probably didn't lose much. Yeah, I guess so. I just thought it'd happened automagically before, but a conversation...
by RustyShackleford
Tue Feb 13, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7719

Re: Are Password Managers Really Necessary?

DELETE (why the heck can't I delete my own post ?!?)
by RustyShackleford
Tue Feb 13, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7719

Re: Are Password Managers Really Necessary?

Not necessary. I have hundreds of online accounts. Here is how I keep them: 1. Memorize a number that I will never never forget. Let's say it is 142536. 2. Create a Google Sheet with two columns: Account Name and Password. 3. Whenever I create a new online account, I always set up the password in t...
by RustyShackleford
Mon Feb 12, 2018 11:58 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7719

Re: Are Password Managers Really Necessary?

As far as the password manager on the untrusted computer...you would type in your password to unlock the password manager. But I wouldn’t do that on an untrusted computer, with or without a password manager. I only access the “important” accounts from trusted computers, and the password manager acc...
by RustyShackleford
Mon Feb 12, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: automatic sweep out of brokerage settlement fund
Replies: 3
Views: 491

automatic sweep out of brokerage settlement fund

One of the several mostly relatively minor pains in the buttocks of the supposedly seamless switch from Vanguard mutual fund accounts to a brokerage account is the "settlement fund". When my holdings, specifically VTSAX, pay dividends, they go into this account. This settlement fund, evidently due t...
by RustyShackleford
Mon Feb 12, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7719

Re: Are Password Managers Really Necessary?

t's also better to not re-use the same password across all sites, since if someone gains access to one account, they could in theory gain access to all the other ones. Isn't that exactly what a password manager does though ? First of all a password manager does not have a password. It has an encryp...
by RustyShackleford
Sun Feb 11, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7719

Re: Are Password Managers Really Necessary?

b42 wrote:
Mon Jan 08, 2018 10:09 am
t's also better to not re-use the same password across all sites, since if someone gains access to one account, they could in theory gain access to all the other ones.
Isn't that exactly what a password manager does though ?
by RustyShackleford
Fri Feb 09, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a way to figure 2018 taxes?
Replies: 18
Views: 2320

Re: Is there a way to figure 2018 taxes?

When you create your own workbook in Excel you have the freedom to build it for your own tax situation and once completed is quick and easy to use and maintain for future tax years ; we file using Turbo Tax (TT) and when I finish TT the numbers are the same as the Excel workbook for both Federal an...
by RustyShackleford
Tue Jan 30, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's advice on bond portion of portfolio
Replies: 42
Views: 6265

Re: Vanguard's advice on bond portion of portfolio

I'm having trouble talking myself out of using CDs at least for short-term duration, if not also intermediate. For example, Vgd's short-term bond fund (ETF ticker BSV) is yielding 1.64% with average maturity of 2.7 years. Meanwhile, I can get that same yield with a 1-yr CD, or about 2.3% at 2 years...
by RustyShackleford
Mon Jan 29, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's advice on bond portion of portfolio
Replies: 42
Views: 6265

Re: Vanguard's advice on bond portion of portfolio

I'm having trouble talking myself out of using CDs at least for short-term duration, if not also intermediate. For example, Vgd's short-term bond fund (ETF ticker BSV) is yielding 1.64% with average maturity of 2.7 years. Meanwhile, I can get that same yield with a 1-yr CD, or about 2.3% at 2 years ...
by RustyShackleford
Thu Jan 25, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review. 36yo: been in cash/bonds a long time, need guidance.
Replies: 29
Views: 2997

Re: Portfolio review. 36yo: been in cash/bonds a long time, need guidance.

Your subject line gives me a tummy ache - but in my heart. But you have come to the right place. Listen and learn - lot of really smart and helpful people here.
by RustyShackleford
Tue Jan 16, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: How to build a bond ladder?
Replies: 14
Views: 1023

Re: How to build a bond ladder?

you've done just as well as with the individual bond. I want to believe this ... Except for the diversification part. Vanguard total Bond Market Index Fund holds 8420 bond. Vanguard Intermediate-Term Tax-Exempt Fund (as someone referred to it) holds 7261. How can you replicate a ladder that is so d...
by RustyShackleford
Tue Jan 16, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: How to build a bond ladder?
Replies: 14
Views: 1023

Re: How to build a bond ladder?

Vanguard total bond index fund for example is a perfect bond ladder made of quality bonds. There is absolutely no need to build an individual bond ladder when such bond exists. The thing that's intuitively pleasing about individual bonds, CDs for example, is that you KNOW you're going to get your p...
by RustyShackleford
Tue Jan 16, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 18053

Re: How does everyone keep track of your portfolio?

I created an excel spreadsheet with all of my fund/portfolio information. That's exactly what I did. The main problem is I manually entered in all the info. I logged into Fidelity, typed out all the info into excel and then moved onto the next account (Vanguard, then Schwab etc). So now I have to m...
by RustyShackleford
Mon Jan 15, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: concise statement of Guyton decision rules ?
Replies: 0
Views: 191

concise statement of Guyton decision rules ?

I have been studying this paper for awhile now, and think it has some pretty good ideas: http://cornerstonewealthadvisors.com/wp-content/uploads/2014/09/08-06_WebsiteArticle.pdf But there are a couple things that trouble me: 1. Foremost, the crux of the biscuit seems to be Table 6, which suggests in...
by RustyShackleford
Mon Jan 15, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: Withdrawal sequencing
Replies: 19
Views: 1956

Re: Withdrawal sequencing

With a lot of my investibles in tax-deferred the way seems obvious: When I stop working don't take rollover IRA distributions, and instead do spend-down after-tax dollars, to make room for Roth conversions up to the top of the new 12% tax rate (plus $12000/24000 exemption). Do that until claiming S...
by RustyShackleford
Sun Jan 14, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 10013

Re: Why is Vanguard switching all accounts to brokerage accounts?

b Lack of Annual Statements -- mutual fund companies provide a year-end statement in print (I'm not sure if this is required by ICA1940 or some other regulation, but it seems universal). Brokerages typically do not send a year-end statement, and sometimes send no statements at all -- which makes lo...
by RustyShackleford
Fri Jan 12, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 105
Views: 12880

Re: Small cap value vs. total market?

One has to rebalance into SCV when it is doing terrible and out of SCV when it has done great. What is your algorithm ? Rebalancing bands and/or RBDs. That means one will hold lots of SCV, but perhaps buy/sell 5% to 20% of it during rebalancing moves. That means one will never have 0% of SCV. But i...
by RustyShackleford
Fri Jan 12, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Storing Important Documents Online
Replies: 27
Views: 1461

Re: Storing Important Documents Online

If the encrypted file is in Dropbox, what stops someone from stealing my Dropbox info and accessing the file? Does the file require a password to open? Yes, the whole point of the encrypted file is that you need a password to open it. Dropbox claims they protect your data somehow, but what people a...
by RustyShackleford
Fri Jan 12, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 105
Views: 12880

Re: Small cap value vs. total market?

livesoft wrote:
Mon Dec 11, 2017 1:08 pm
One has to rebalance into SCV when it is doing terrible and out of SCV when it has done great.
What is your algorithm ?
by RustyShackleford
Thu Jan 11, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: Withdrawal sequencing
Replies: 19
Views: 1956

Re: Withdrawal sequencing

Next year, living on a taxable account, you could easily convert 30,200.00 to a Roth without paying any taxes. This is for a 65 and over married couple filing a joint return. The qualified dividends are also taxed at zero for any income under 77200.00 next year. Right, the LTCG and QDI is "on top" ...
by RustyShackleford
Thu Jan 11, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Withdrawal sequencing
Replies: 19
Views: 1956

Re: Withdrawal sequencing

If your tax rate is 0% as it is for many retirees, then all the accounts are the same. This can be seen by converting the traditional IRA to a Roth IRA with a 0% tax. It's pretty easy to step-up basis on after-tax and stay in the 0% bracket (since long-term capital gains are taxed at 0% up to $38K ...
by RustyShackleford
Tue Jan 09, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 10013

Re: Why is Vanguard switching all accounts to brokerage accounts?

b Lack of Annual Statements -- mutual fund companies provide a year-end statement in print (I'm not sure if this is required by ICA1940 or some other regulation, but it seems universal). Brokerages typically do not send a year-end statement, and sometimes send no statements at all -- which makes lo...
by RustyShackleford
Fri Jan 05, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 10013

Re: Why is Vanguard switching all accounts to brokerage accounts?

Some minor annoyances, like the "settlement fund" which sometimes but not always get swept into Prime Money Mkt (which I use for my cash there). Depends what the meaning of "there" is. Vanguard. Our Federal Money Market Fund**—which also seeks to maintain a stable $1 NAV—is now the only fund that c...
by RustyShackleford
Fri Jan 05, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: Synchrony bank 12 month CD @ 2%
Replies: 8
Views: 1321

Re: Synchrony bank 12 month CD @ 2%

Not that impressive. Treasuries are 1.9% now (for 1yr, slightly less for STRIPS). Brokerage CDs are 1.8% payable at maturity. Gotta ask oneself is it worth that extra 0.1% ($10 on $10K) or so to go though the hassle of opening a new account, transferring the funds, etc. Actually, one year Treasurie...
by RustyShackleford
Fri Jan 05, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: Synchrony bank 12 month CD @ 2%
Replies: 8
Views: 1321

Re: Synchrony bank 12 month CD @ 2%

Not that impressive. Treasuries are 1.9% now (for 1yr, slightly less for STRIPS). Brokerage CDs are 1.8% payable at maturity. Gotta ask oneself is it worth that extra 0.1% ($10 on $10K) or so to go though the hassle of opening a new account, transferring the funds, etc.
by RustyShackleford
Fri Jan 05, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 10013

Re: Why is Vanguard switching all accounts to brokerage accounts?

I personally wouldn't mind switching if they insist, but they seem to require paperwork that is basically equivalent to the initial application paperwork all over again. Ugh. They didn't for me. It was very simple. Welcome to the 21st century..... It's not the stone age anymore. Yeah, I never under...
by RustyShackleford
Fri Dec 29, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 139
Views: 14346

Re: Confusion about prepaying property taxes

One thing about this that is great - the IRS now has a monumental task with less processors and staff than ever before. Why in the world would you think that is "great"? Yeah, why ? Too political maybe, but: taxes are a large part of what creates our civilization. But in the narrow context of this ...
by RustyShackleford
Fri Dec 29, 2017 1:27 am
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 139
Views: 14346

Re: Confusion about prepaying property taxes

I think prepaying taxes is a gamble. It may or may not pay off - no one will know until next year. It's moot for me, as I will be unable to deduct them in 2018 in any case, because I won't be above the standard deduction - probably as long as this much increased standard deduction stays in place. S...
by RustyShackleford
Thu Dec 21, 2017 1:33 am
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 139
Views: 14346

Re: Confusion about prepaying property taxes

I'm copying part of a post from the big "Omnibus" thread, which I think is very relevant here, and also very discouraging for many of us ... https://ustaxcourt.gov/InOpHistoric/HOFFMAN.TCM.WPD.pdf “ Section 164(a)(1) allows a deduction for real property taxes. Deduction of prepaid real property taxe...
by RustyShackleford
Wed Dec 20, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 139
Views: 14346

Re: Confusion about prepaying property taxes

I'm foreseeing a big tax class-action suit (if there is such a thing in tax law), because I imagine a LOT of people will be prepaying their 2018 property taxes without meeting any reasonable definition of there having been "imposed" in 2017.
by RustyShackleford
Wed Dec 20, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 54192

Re: Tax Bill Omnibus Thread

I'm happy to say that my county DOES allow prepayment of 2018 property taxes (I called and they said they'd been getting many calls about this). They've actually set up special "prepayment accounts". Naturally, they refuse to opine as the whether it's actually legit to deduct those 2018 prepayments...
by RustyShackleford
Wed Dec 20, 2017 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 54192

Re: Tax Bill Omnibus Thread

SALT definitely includes property tax. Separate from that, the new law prohibits prepaying only state income taxes, but not property tax. The problem though is that your state or county has to allow the prepayment of property tax. I was getting all ready to go in and give them a $10,000 check to pr...
by RustyShackleford
Sun Dec 10, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: CDs that compound interest payments, at big brokerages ?
Replies: 17
Views: 1795

CDs that compound interest payments, at big brokerages ?

Like many, I have decided I'm better off with CDs than with bond funds, for money I plan to use in the new few years. Specifically, I would like to take the money I've budgeted for 2020 living expenses and put it into a CD; rates seem to be a little over 2% right now. The thing is, I learned the har...
by RustyShackleford
Sun Dec 10, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy for filling out 15% bracket
Replies: 2
Views: 786

Re: Strategy for filling out 15% bracket

I asked this same question a few years back and it generated much great discussion. I strongly recommend you reads it: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=145381 I believe the gist was, you're probably better off using it for Roth conversion. That's the gift that keeps on giving, wh...