Search found 57 matches

by TxInjun
Fri Jun 15, 2018 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50530

Re: How much money do you want to retire?

Thank you for the comment. However, I do believe that the point I was making would not be affected by the type of simulation. If you are shooting for 99% chance of success over 45 years, with $5MM in assets, then in the top 10,20% of the time you are shooting to have hundreds of millions in assets....
by TxInjun
Wed Jun 06, 2018 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50530

Re: How much money do you want to retire?

Just do use any Monte-Carlo retirement scenario analysis tool, with these types of numbers: - $5-8MM in assets, - 2-3% W/D, - 40-50 year horizon. Just take a note of the size of the assets in the top 50% of the scenarios, say, in 30, 40, 50 years. Monte-Carlo sims assume each year is a completely r...
by TxInjun
Sun May 27, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: only iShares ETF's, risks?
Replies: 11
Views: 1751

Re: only iShares ETF's, risks?

Thanks for clarifying in stronger language than I used, Alex. I also meant to suggest that there is no overlap. I am sorry if I came of harsh... I didn’t mean that as a brushoff. I just realized that your coo nets were more definitive than mine. It is needed to prevent misconceptions about ETFs, in...
by TxInjun
Sun May 27, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: only iShares ETF's, risks?
Replies: 11
Views: 1751

Re: only iShares ETF's, risks?

Thanks for clarifying in stronger language than I used, Alex. I also meant to suggest that there is no overlap.
by TxInjun
Fri May 25, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: only iShares ETF's, risks?
Replies: 11
Views: 1751

Re: only iShares ETF's, risks?

I too am all in on iShares ETFs at Fidelity. There are 2 risks: long term if BR goes bankrupt; and short term if BR had an IT burp and you can’t access your assets. I personally consider the former is more critical. The SEC validates that the issuer requires sufficiently separated the ownership from...
by TxInjun
Sat Apr 14, 2018 6:25 pm
Forum: Investing - Theory, News & General
Topic: Introduction to Treasury Inflation Protected Securities (TIPS)
Replies: 53
Views: 5196

Re: Introduction to Treasury Inflation Protected Securities (TIPS)

SavageAmusement wrote:
Thu Apr 12, 2018 1:59 pm
I am the author of the TIPS presentation.
Thank you for sharing your excellent presentation!

TxInjun
by TxInjun
Fri Jan 26, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 139
Views: 24655

Re: Muni Money Market funds starting to look good!

I was ready to say this is a bad deal, but I see the yield is the same as Vanguard's CA muni MM. Not sure why the difference. Note that the stated yield is net of expenses. If your CA + federal tax is >19% you come out ahead with the muni fund. Hello mega317, I didn't follow your calculation, can y...
by TxInjun
Fri Jan 26, 2018 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to give up on bond fund, Lost 2.25% past 6 months
Replies: 85
Views: 11427

Re: Ready to give up on bond fund, Lost 2.25% past 6 months

Thank you for your considered replies, ogd and saltycaper. Primarily for convenience, my fixed-income portfolio is in intermediate-term ETFs, instead of individual bonds. I guess I was looking for confirmation that my strategy was no worse than any other, but it's clear this is a complex topic.
by TxInjun
Thu Jan 25, 2018 9:34 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 139
Views: 24655

Re: Muni Money Market funds starting to look good!

I was looking at the Muni Money Market Funds from Fidelity, and I found one for CA (my state of residence): FCFXX. The web page is here . A few questions: The ER is 0.49% !!!! This is similar to other muni money market funds. How can this be a good deal for Bogleheads? I'm not exactly clear how the ...
by TxInjun
Thu Jan 25, 2018 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to give up on bond fund, Lost 2.25% past 6 months
Replies: 85
Views: 11427

Re: Ready to give up on bond fund, Lost 2.25% past 6 months

I want to understand the practical difference between holding to maturity, or switching out closer-to-maturing bonds for longer-to-maturing bonds (as would happen in a bond ETF/fund trying to maintain a constant weighted maturity) If the closer-to-maturing bonds were sold, the market forces should ...
by TxInjun
Wed Jan 24, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to give up on bond fund, Lost 2.25% past 6 months
Replies: 85
Views: 11427

Re: Ready to give up on bond fund, Lost 2.25% past 6 months

not wrong entirely, but sort of an error in mental accounting. Say you buy a 10 year bond paying 2.6% and then at some point rates go up to 3%. Yes, you'll get you're 2.6% for 10 years and your return of principle at the end...but so what? New bonds are paying 3% and yours is not. If you want to se...
by TxInjun
Sat Jan 06, 2018 1:21 am
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 8296

Re: "Can I Really Retire at 40?" What to Tell Clients

I have several issues with their analysis, some of which are major. I agree with some of your points, and disagree with others First, the idea of a fixed withdrawal rate for a 50+ year retirement seems nonsensical... For most analysis, we can begin with a target WR, and of course judgement is built...
by TxInjun
Fri Jan 05, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 8296

"Can I Really Retire at 40?" What to Tell Clients

I found this article from American Funds on the Twitters, and thought it was interesting work. It proposes a SWR metric for early retirees at different ages (assuming you live to 95), and with a 95% confidence rating. It attempts to account for the current low-return expectations, as well as the imp...
by TxInjun
Thu Dec 28, 2017 10:31 pm
Forum: Personal Consumer Issues
Topic: Crater Lake trip from Bay area in June
Replies: 21
Views: 1607

Re: Crater Lake trip from Bay area in June

As others have noted, the rim drive may be closed in June, although should be open in late June. Many visitors drive around the rim, for some spectacular vistas. The primary spots are CRAZY busy in peak season (July 4th through Labor Day). There is a park shuttle that runs round the rim with a great...
by TxInjun
Thu Dec 28, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-what I'm I missing
Replies: 15
Views: 1101

Re: Bond allocation-what I'm I missing

Look up “efficient frontier financial” on google. Essentially, by adding bonds - which are assumed to be relatively uncorrelated to stocks - you can reduce the volatility of your portfolio, in exchange for a small reduction in overall return. This assumes you rebalance to keep the asset allocation a...
by TxInjun
Wed Dec 27, 2017 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust - Will
Replies: 55
Views: 4869

Re: Living Trust - Will

Drew31 wrote:
Tue Dec 26, 2017 5:54 pm
Recos on good books?
Living Trusts for Everyone, by Ronald Farrington Sharp: $15 on Amazon.
by TxInjun
Tue Dec 26, 2017 11:28 pm
Forum: Investing - Theory, News & General
Topic: More bonds now to rebalance?
Replies: 12
Views: 1437

Re: More bonds now to rebalance?

Most of us would find ourselves in either “accumulation” mode or “withdrawal” mode: so the easy thing to do is to buy (in the first instance), or sell (in the second instance) as needed to approach your desired asset allocation. It is not necessary, and very inefficient, to try and be too accurate a...
by TxInjun
Fri Dec 15, 2017 9:30 pm
Forum: Personal Consumer Issues
Topic: Japan in summer
Replies: 25
Views: 2027

Re: Japan in summer

We spent 2.5 months in Japan, from end-June to early September. We were based in Tokyo. The weather is as advertised: in addition, there is a short rainy season at the end of June for 2 weeks. Mysef, wife and 7-year old daughter sweletered, but enjoyed more than suffered our time there. If this is y...
by TxInjun
Tue Dec 05, 2017 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Umbrella liability insurance policy to match portfolio size?
Replies: 30
Views: 3293

Re: Umbrella liability insurance policy to match portfolio size?

To use an imperfect analogy: if you were constructing a building at the seashore, would your seawall be the height of the largest wave (plus some margin), or the height of the building? Clearly what matters is the tallest wave you might encounter. As others have said, ANY size umbrella policy can be...
by TxInjun
Wed Nov 29, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: Fido broken?
Replies: 20
Views: 1366

Re: Fido broken?

Fidelity web access is giving me problems this morning too - as of 8:45 AM PST the accounts are unaccessible.
by TxInjun
Tue Nov 28, 2017 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: BSV Bid/Ask Spread [after hours @ schwab]
Replies: 7
Views: 549

Re: BSV Bid/Ask Spread [after hours @ schwab]

Anybody is free to bid / ask whatever they want. The market is obviously less fluid (?) in the after-hours, and some trolls usually post a ridiculous price hoping for a "at-market" seller / buyer who won't check the bid / ask spread. As others have noted, it is best to trade during market hours when...
by TxInjun
Mon Nov 27, 2017 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Inspiration to Work After You've Already "Won"?
Replies: 17
Views: 1870

Re: Inspiration to Work After You've Already "Won"?

BlackStrat wrote:
Mon Nov 27, 2017 5:07 pm

How To Sing The Blues (excuse the formatting):
....
Awesome read! That brought a smile to my face. Gotta love the blues! And I assume YOUR handle represents your guitar? Mine's a Les Paul Slash special.

TxInjun
by TxInjun
Fri Nov 03, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: Fidelity analysts predict MBS will specifically take a price hit with reverse-QE
Replies: 3
Views: 566

Fidelity analysts predict MBS will specifically take a price hit with reverse-QE

Hello fellow Boglers, I saw this article, as I'm sure many of you did, in a regular Fidelity email: What the Fed's balance sheet means for you . I found some messages intuitive and well-known - that interest rates will rise in general, for example. But the section titled "Mortgage backed security pr...
by TxInjun
Sat Sep 23, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: The real impacts of passive investing
Replies: 8
Views: 2248

The real impacts of passive investing

There is a lot of discussion along the lines of "does passive investing distort the markets". This, I think most of us on this thread agree, is a distraction. However, I do perceive some real effects occurring from the growth in passive investing, which I'd like to discuss. First, a few ACCOMPANYING...
by TxInjun
Sat Sep 23, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 96
Views: 9961

Re: california homeowners - do you have earthquake insurance?

Can California / Bay Area folks comment on how much their earthquake insurance costs them? It doesn't make sense to compare your rates against anyone else's, except maybe your next door neighbor who bought the same kind and size of house that you did. Your rates will be higher if you have more risk...
by TxInjun
Fri Sep 22, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 96
Views: 9961

Re: california homeowners - do you have earthquake insurance?

Can California / Bay Area folks comment on how much their earthquake insurance costs them? I received a renewed quote for $3320 to protect me for $800K dwelling value, with a 15% deductible (that's $120K!). I'm continuing to lean toward not getting it, given the size of the deductible. Also, I'm cur...
by TxInjun
Sun Sep 03, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: IRS CP 2000 on 2015 HSA Filing
Replies: 2
Views: 835

Re: IRS CP 2000 on 2015 HSA Filing

I'm posting here just for closure, if this comes up in someone else's search. I used H&R Block TaxCut to file my 2015 taxes (I've used them for years and years). In form 8889, TaxCut left blank line 14(a), that should nominally be filled with the total distribution amount ($5563 in my case). Line 15...
by TxInjun
Wed Aug 23, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a house around San Jose, CA
Replies: 36
Views: 4429

Re: Looking for a house around San Jose, CA

From my brief time iin the Bay Area, I believe Campbell, just west of San Jose, is an under-appreciated area from a quality of life perspective. Its schools are not great: but the vibe, restaurants, walkability, etc. are great. I believe the quality of schools has made Campbell more affordable, alth...
by TxInjun
Tue Aug 15, 2017 3:45 am
Forum: Investing - Theory, News & General
Topic: What a Low Return Outlook Means for Your Retirement?
Replies: 42
Views: 6284

Re: What a Low Return Outlook Means for Your Retirement?

That's partly why I'm planning for a portfolio large enough that a 2% withdrawal would be sufficient to cover our necessary expenses, until we start receiving SS benefits, which should easily cover them. Thank you for this. A few on this board have taken jabs at me for my 62.5 times expenses model ...
by TxInjun
Sun Jul 30, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 26628

Re: Living Off Dividends

Hi, I am confused as to the advantage of taking dividends vs reinvesting dividends and selling equities? For example say a person is in retirement and is in the withdrawal phase, why not reinvest the dividends and withdrawal ~4% a year? I chose not to reinvest dividends in my taxable account automa...
by TxInjun
Mon Jul 17, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 96
Views: 9961

Re: california homeowners - do you have earthquake insurance?

- No mortgage left, so less worried about wiping out capital TxInjun This statement confuses me, if you don't have a mortgage anymore shouldn't you should be more worried about "wiping out capital", not less? I can see it may be a confusing comment: a better way may be to say we can manage to self-...
by TxInjun
Mon Jul 17, 2017 6:13 am
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 96
Views: 9961

Re: california homeowners - do you have earthquake insurance?

Premiums vary to almost the neighborhood level. I live in central San Jose, and my premium was quoted at almost $4K per year. My guess is this is because the 'hood we live in used to be a marsh before it was drained, so the soil is softer than say in the hills like Los Gatos, and will liquefy more e...
by TxInjun
Wed Jun 21, 2017 1:34 am
Forum: Investing - Help with Personal Investments
Topic: [Help with asset allocation - TIPS and Corporate bonds]
Replies: 3
Views: 769

Re: [Help with asset allocation - TIPS and Corporate bonds]

Sorry for the delay in my posts: first off, thanks to @Cruncher for your suggestion on FSIYX! Following Taylor's suggestion, here is my portfolio: but I do want to stress that this is not meant to be a humble-brag. I began by seeking opinions on my bond allocation. You'll see that I have more asset ...
by TxInjun
Mon Jun 12, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: [Help with asset allocation - TIPS and Corporate bonds]
Replies: 3
Views: 769

[Help with asset allocation - TIPS and Corporate bonds]

[Moved into a stand-alone post from: Add TIPS and High Yield Corporate Bonds To Your Portfolio? --admin LadyGeek] Hello folks, My apologies if this looks like I'm hijacking this thread: I've had a similar concern nagging me for some time. I'm at a 65/35 allocation currently. Of my current bonds in ...
by TxInjun
Mon May 22, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP 2000 on 2015 HSA Filing
Replies: 2
Views: 835

IRS CP 2000 on 2015 HSA Filing

Hello fellow Bogleheads, Setup: I received a CP 2000 notice from the IRS related to my 2015 filing. I have a HSA with a HDHP (and I'm fully eligible - I'm not anyone else's dependent, there is only 1 plan in our household, etc. - very straightforward); and I contributed $6200 incl. employer matching...
by TxInjun
Wed May 03, 2017 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Finding the best savings account
Replies: 7
Views: 1157

Re: Finding the best savings account

My credit union, of which I've been a member of for 25 years, offers 1.1% on both Savings and Checking accounts. They're headquartered in the South Bay.

Star One Credit Union
by TxInjun
Sat Apr 22, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - Savings Account Rate Increased!
Replies: 94
Views: 17166

Re: Ally Bank - Savings Account Rate Increased!

Check your local credit unions. My bank, Star One Credit Union offers 1.1% in the standard savings account.
by TxInjun
Fri Mar 24, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: [Questions about my company's "In-Plan Roth Conversion"]
Replies: 9
Views: 889

Re: [Questions about my company's "In-Plan Roth Conversion"]

Thank you @ved and @retiredjg. You have given me clarity on this issue, and I'm no longer petrified in place with the names and choices!

Cheers

TxInjun
by TxInjun
Thu Mar 23, 2017 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: [Questions about my company's "In-Plan Roth Conversion"]
Replies: 9
Views: 889

Re: [Questions about my company's "In-Plan Roth Conversion"]

Yes. What you are describing is what is known around here as Mega Back Door Roth conversion. Thanks for getting my nomenclature straight, @ved. So to get back to my original questions, I would expect the answers are: - The maximum post-tax contributions I can add to the account will be 54K - 18K - ...
by TxInjun
Thu Mar 23, 2017 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: [Questions about my company's "In-Plan Roth Conversion"]
Replies: 9
Views: 889

Re: Backdoor Roth - do I understand it ?

Thank you for all your responses! I clearly have a lot to learn. An "In-Plan Roth Conversion" is not the same as the Backdoor Roth IRA method which has nothing to do with employer plans and it's not even the same as the Mega Backdoor Roth IRA method which does involve employer plans. In-plan means y...
by TxInjun
Thu Mar 23, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: [Questions about my company's "In-Plan Roth Conversion"]
Replies: 9
Views: 889

[Questions about my company's "In-Plan Roth Conversion"]

[Moved into a stand-alone thread from: Backdoor Roth - do I understand it ? --admin LadyGeek] Hello, I have some questions about an "In-Plan Roth Conversion" that my Company's 401K is offering - which I believe is the same as the Backdoor Roth. I hope this is a reasonable thread to answer some of t...
by TxInjun
Tue Feb 14, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Job Question - Stay or Go
Replies: 17
Views: 2192

Re: Job Question - Stay or Go

Congratulations on the ESOP growth: but you have way too much of your Net Worth in one asset. You should come up with a plan to divest from that asset and invest in a much more diversified plan like you can find on this website. It sounds like your assets / expenses ratio is quite good, and you want...
by TxInjun
Mon Feb 13, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative to FTEXX for Fidelity Brokerage Account
Replies: 10
Views: 2980

Re: Alternative to FTEXX for Fidelity Brokerage Account

I believe FSLXX was eliminated as a consequence of the new regulations affecting money market funds. The following seem to be similar retail funds available from Fidelity: SPRXX Fidelity Money Market Fund 7-Day Yield: 0.69% Min. initial investment: $2,500 FZDXX Fidelity Money Market Fund Premium Cl...
by TxInjun
Wed Feb 08, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative to FTEXX for Fidelity Brokerage Account
Replies: 10
Views: 2980

Re: Alternative to FTEXX for Fidelity Brokerage Account

Pocanutin wrote:this post is about nine years old.
Yes, the thread is 9 years old, but my post is just 15 minutes old :happy . Since this thread talked about the same funds, I was re-using it instead of starting a new thread.

I'm still interested in any collective wisdom to my questions - thanks.
by TxInjun
Wed Feb 08, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative to FTEXX for Fidelity Brokerage Account
Replies: 10
Views: 2980

Re: Alternative to FTEXX for Fidelity Brokerage Account

Hello, I'm looking for places to park my cash positions at Fidelity. Currently my core position is in FCASH. The alternatives I see for my Core Position are SPAXX (Fid Gov't MMF @ 0.2% yield) and FZFXX (Fid Treasury MMF @ 0.15% yield). Both seem weaker alternatives to FTEXX (Fid Muni MMF @ 0.37% nom...
by TxInjun
Tue Feb 07, 2017 5:33 pm
Forum: Personal Consumer Issues
Topic: Cord cut strategy for young family
Replies: 67
Views: 8331

Re: Cord cut strategy for young family

If the OP keeps internet through his cable company, can a single coax cable support both the internet signal and the antenna signal? I'm not an expert, so please don't take my word for this, but I thought the OTA signal would interfere with the internet signal from the cable company? Again, I might...
by TxInjun
Tue Feb 07, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Cord cut strategy for young family
Replies: 67
Views: 8331

Re: Cord cut strategy for young family

Thanks for the detailed instructions! From your description, it sounds like if I can do a roof or attic antenna that I can connect the coaxial cable to where my current cable/phone hook up is? Once, hooked up there I won't need to re-wire it all the way to the TV that I need will I? The TV I need i...
by TxInjun
Mon Feb 06, 2017 2:25 pm
Forum: Personal Consumer Issues
Topic: Cord cut strategy for young family
Replies: 67
Views: 8331

Re: Cord cut strategy for young family

I live in San Jose, and only use OTA for the last 2.5 years. All the major broadcast towers are in SF, about 70 miles away (and over many a hill). Luckily, they are mostly in the same direction, so I only have to face the antenna in that 1 direction. I installed a roof antenna, which is quite compac...
by TxInjun
Fri Feb 03, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Milestone and gotta tell someone
Replies: 61
Views: 7296

Re: Milestone and gotta tell someone

Congratulations!

If you don't already have one, please get an Umbrella Policy. It's just a barrier between your property and someone placing a lien on it if a tree branch fell on them, or they slipped on the sidewalk, what have you.
by TxInjun
Tue Jan 24, 2017 6:50 pm
Forum: Personal Consumer Issues
Topic: Best Places to Live in US?
Replies: 123
Views: 13252

Re: Best Places to Live in US?

This thread just highlights what a great country this is! So many awesome choices, just one life to live.

My personal list of awesome places to consider:
Portland OR
Austin TX
Boulder CO
Seattle WA
Bend OR
Santa Cruz CA