Search found 212 matches

by hirlaw
Mon Feb 19, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bond market
Replies: 25
Views: 2406

Re: Muni Bond market

I have muni funds, etf's and individual munis (purchased through Fidelity). Fidelity seems to have a good inventory and nice screening tools. One additional manual screen I use is to make sure that the Moody's and/or S&P rating is fairly recent. Unless the credit worthiness is obvious, I try to buy ...
by hirlaw
Fri Feb 09, 2018 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4921

Re: I didn't tax-loss harvest this month, did you?

I tax loss harvested some tax-exempt intermediate bond fund shares into a shorter duration fund. I intend to re-purchase after 31 days.
by hirlaw
Fri Feb 02, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Pros & Cons of Zero Coupon Treasuries
Replies: 18
Views: 1384

Pros & Cons of Zero Coupon Treasuries

I am considering buying Zero Coupon Treasuries. I don't need the interest payments, these would be part of the bond portion of my asset allocation and my intent would be to hold them to maturity. What I like is that the interest is quasi - "reinvested" rather than paid out periodically, so that I wo...
by hirlaw
Thu Feb 01, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: Stocks/Bonds relationship
Replies: 10
Views: 717

Re: Stocks/Bonds relationship

The type of bonds also matter. For example, high yield (junk) bonds have a higher correlation to stocks than treasuries or investment grade corporate.
by hirlaw
Wed Jan 31, 2018 7:52 pm
Forum: Personal Consumer Issues
Topic: Wireless Earbuds For Running (Updates for 2018?)
Replies: 36
Views: 2133

Re: Wireless Earbuds For Running (Updates for 2018?)

I reall like bose soundsport wireless I have them and like them as well. Sound is great. I do have a couple of issues. First, is they feel (and look) a bit bulky and second, one of them has started to fall out occasionally (I haven't tried the other size ear buds yet). But, the sound is top notch.
by hirlaw
Fri Jan 26, 2018 10:15 pm
Forum: Investing - Theory, News & General
Topic: Podcast suggestions
Replies: 6
Views: 906

Re: Podcast suggestions

I like Marketplace
by hirlaw
Sun Jan 21, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Bankruptcy questions
Replies: 16
Views: 1437

Re: Bankruptcy questions

As someone who has practiced bankruptcy law for many years, the only advise I can give on a forum such as this is to advise your friend to consult with a competent attorney who specializes in consumer bankruptcy law. Many attorneys will offer a free or very inexpensive initial consultation. The atto...
by hirlaw
Wed Jan 10, 2018 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Magazine
Replies: 17
Views: 1849

Re: Personal Finance Magazine

I really like Bloomberg Business Week and Barron's. Subscribe to both.
by hirlaw
Wed Jan 10, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: Why bother with corporate bond funds instead of just U.S. Treasuries + Stock Index Fund/ETF?
Replies: 16
Views: 889

Re: Why bother with corporate bond funds instead of just U.S. Treasuries + Stock Index Fund/ETF?

Don't treasuries have a little more interest rate sensitivity than corporate bonds of equal duration? If so, that may be a reason to add some corporates if you are of the opinion that interest rates will increase.
by hirlaw
Wed Jan 10, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Dilemma: Fidelity Mutual vs Vanguard ETF
Replies: 12
Views: 1095

Re: Taxable Dilemma: Fidelity Mutual vs Vanguard ETF

I am in the same boat with taxable at Fidelity. For what its worth, for muni's I split between Fidelity Conservative Income Municipal Bond Fund (FCRDX) which I mentally treat as a tax-free money market due to its .69 yr. duration and Vanguard Tax-Exempt Bond ETF (VTEB).
by hirlaw
Tue Jan 09, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Brokered CDs - often better return secondary market
Replies: 48
Views: 5268

Re: Brokered CDs - often better return secondary market

When you purchase bonds on the Fidelity brokerage website, you can preview the purchase prior to committing. The preview (supposedly) gives you the after commissions effective yield you would be obtaining on the purchase.
by hirlaw
Tue Jan 02, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 133
Views: 13048

Re: Embarrassment Preventing Retirement Work: A factor for you?

This hits home! In a couple of weeks I am retiring from 37 yrs of practicing law. Being a sports nut, I have accepted a position as a Tour Guide for the local major league baseball club! Obviously, doing it for fun. My firm was certainly "surprised", but everyone has been great and very supportive.
by hirlaw
Thu Dec 28, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: What is the best current account aggregator online?
Replies: 22
Views: 1478

Re: What is the best current account aggregator online?

I agree with nisiprius and don't use aggregators for security reasons. About every quarter, I manually enter my holdings into Morningstar's portfolio X-Ray which provides an excellent and detailed view of one's allocation. It takes me about 30 minutes each time I go through this exercise. Not a big ...
by hirlaw
Wed Dec 27, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 4028

Re: Miata as second car

How does more weight make a car safer? Unfortunately, a lot. Below is from the Insurance Institute for Highway Safety: How do a vehicle's size and weight affect safety? All other things being equal, occupants in a bigger, heavier vehicle are better protected than those in a smaller, lighter vehicle...
by hirlaw
Tue Dec 26, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 4028

Re: Miata as second car

I own a low mileage 2007 BMW Z4, which I love. I think Miata's are great cars but they only weight about 2300 lbs and I worry about the safety. The Z4 weights about 3100 lbs (about the same as a 2018 Honda Accord). But you are right to be concerned with the Z4 maintenance costs. Brakes, A/C, etc. ar...
by hirlaw
Mon Dec 25, 2017 2:32 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 91
Views: 6293

Re: How do Bogleheads save on eyeglasses?

I have gotten progressive prescription lens from Costco and Warby Parker. But they have opticians at the stores to measure your eyes for the progressive lens.

How do purely online companies measure for progressives?
by hirlaw
Wed Dec 20, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Taxation of Zero Coupon Muni's
Replies: 3
Views: 253

Taxation of Zero Coupon Muni's

Are there any tax consequences if you buy a secondary market zero coupon municipal bond and hold it until maturity?

Thanks
by hirlaw
Tue Dec 19, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 31767

Re: Ally Bank 11 month No Penalty 1.75%

FYI -- Ally's 12 month CD is now 2.00%
by hirlaw
Tue Dec 19, 2017 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Best online, real time tracker to watch my portfolio
Replies: 25
Views: 1907

Re: Best online, real time tracker to watch my portfolio

When you use a service such as Personal Capital or Yahoo to track your investments, are you giving them your actual user names and passwords for each account?
by hirlaw
Fri Dec 15, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Question About TIPs and TIP Funds
Replies: 43
Views: 1899

Re: Question About TIPs and TIP Funds

Thank you for your detailed explanations!
by hirlaw
Fri Dec 15, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Question About TIPs and TIP Funds
Replies: 43
Views: 1899

Re: Question About TIPs and TIP Funds

If real rates rose, then the prices of existing TIPS with lower real interest rate would go down. The price of newly issued TIPS would reflect the current real rates and would not have the lower prices that existing TIPS with lower real interest rates would have. Right -- so doesn't that argue agai...
by hirlaw
Fri Dec 15, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Keys to a Successful Retirement
Replies: 64
Views: 10732

Re: Keys to a Successful Retirement

Here's an example: Say you have $1,000,000. 4% guideline means you can pull $40,000 a year out of that. If you bought a $500,000 SPIA at age 65, you might get 7% a year in payments. And you can still take 4% out of the remaining $500,000. So now you can spend $55,000 a year instead of $40,000. That...
by hirlaw
Fri Dec 15, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Question About TIPs and TIP Funds
Replies: 43
Views: 1899

Re: Question About TIPs and TIP Funds

OP here: That was my concern. However, I feel as though I am missing something in that most recommended asset allocations for retirees and near retirees recommend a percentage of TIPs funds.
by hirlaw
Fri Dec 15, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Question About TIPs and TIP Funds
Replies: 43
Views: 1899

Question About TIPs and TIP Funds

I am close to retirement and have a portion of my fixed income in TIPs funds. Question : I understand that TIPs are for inflation protection, but rather than own them now, with negative real yields, why not just wait for inflation to heat up and/or rates rise (if ever!)? With higher inflation, the T...
by hirlaw
Thu Dec 07, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3787

Re: Best solution for digitizing documents?

I am looking at different services to store documents. I am thinking of Box. Does anyone have any experience or comments regarding Box.

Thanks!
by hirlaw
Mon Dec 04, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: A " Bond Tent" During the "Retirement Red Zone?"
Replies: 59
Views: 5953

Re: A " Bond Tent" During the "Retirement Red Zone?"

I came across this Michael Kitces article and wondered whether others close to or in the early years of retirement have taken similar measures during the "Retirement Red Zone"? Responding to the OP's original question: We are about 1 year from retirement. After hitting our number goal, we have grad...
by hirlaw
Fri Nov 17, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 43
Views: 3723

Re: Current precarious equity environment for a retiree

Aside from the market valuation issue, some lower their equity allocation close to or in early retirement in order to address sequence of return risk.
by hirlaw
Tue Nov 14, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Brokered CDs - often better return secondary market
Replies: 48
Views: 5268

Re: Brokered CDs - often better return secondary market

You may not receiving full FDIC insurance on the secondary market CD. I believe that you only receive the FDIC protection for the par value, so it leaves the buyer a bit exposed if the buyer paid, for example, $101 for the CD.
by hirlaw
Fri Nov 10, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 157
Views: 12418

Re: Got an iPhoneX

I am upgrading from an IPhone 5 (served me well, but really getting sloooow) to an IPhone X. Due to be delivered Mid-December. I ordered the 64GB version (rather than the 256GB). Right now I am only using 23GB of storage on my phone. I have an ICloud account that stores up to 50GB of photos on the w...
by hirlaw
Wed Nov 08, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 1025

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

You are dealing with two different funds. One is a total market fund - government and corporate, short and long. The other I think just does intermediate corporate bonds. The checklist might work if you are comparing apples to apples but you are not. Its like trying to compare a compact hatchback w...
by hirlaw
Thu Nov 02, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Market Crash Defensive Portfolio
Replies: 30
Views: 4218

Re: Market Crash Defensive Portfolio

I do have an international stock fund but I stay away from international bonds. The purpose for bonds in my portfolio is as a stabilizer and also for safety. International investments carry exchange rate risk that I do not want to take in the bond portion of my portfolio. Certain funds/etf's are he...
by hirlaw
Sun Oct 15, 2017 10:26 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 8323

Re: What are you driving? And would you buy your current ride again?

2007 BMW Z4.
Fun car and I would buy again. However, I wouldn't recommend it to someone who deals with a long commute.
by hirlaw
Thu Oct 12, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Are Treasury Zero's Liquid?
Replies: 6
Views: 549

Re: Are Treasury Zero's Liquid?

A zero coupon bond works as if you were reinvesting coupons. OP here...That is why I like them. I have no immediate need for the interest. And to answer the other question: They are in a brokerage IRA. As to the original question: Can anyone comment on their liquidity vs. regular treasuries? Thanks
by hirlaw
Thu Oct 12, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Are Treasury Zero's Liquid?
Replies: 6
Views: 549

Are Treasury Zero's Liquid?

Hi all: I am considering buying some individual treasuries (within a Fidelity Brokerage account). I want to be able to sell easily if I desire (I know that they may lose principal value if rates rise). I understand that treasuries are very liquid. Is there and liquidity difference between selling re...
by hirlaw
Tue Oct 10, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: 2018 Honda Accord
Replies: 54
Views: 6065

Re: 2018 Honda Accord

The Accord had the most uncomfortable seats I have been in for quite some time.
I have seen a lot of about the uncomfortable seats in the Accords. Is it hard or what?
by hirlaw
Tue Oct 10, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Does Anyone Here Buy Callable Munis?
Replies: 6
Views: 635

Re: Does Anyone Here Buy Callable Munis?

Thank you for your helpful replies.
by hirlaw
Mon Oct 09, 2017 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Does Anyone Here Buy Callable Munis?
Replies: 6
Views: 635

Does Anyone Here Buy Callable Munis?

I sometimes buy individual municipal bonds. I have always purchased non-callable. Sometimes I see callable muni bonds with comparable ratings and duration (assuming that the bonds are not called), with much higher yield than non-callable munis. I understand that there is the risk that these bonds mi...
by hirlaw
Fri Oct 06, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: Some 'hints' about brokered CDs
Replies: 24
Views: 4589

Re: Some 'hints' about brokered CDs

Yes - that is an aspect of brokered CDs. Depending on all the details and circumstances, it may or may not be an issue. In my case, managing an organization (part time), we do not reinvest any CD interest - for accounting, management, etc. reasons. Right. If you are a retiree (or organization) and ...
by hirlaw
Fri Oct 06, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: Some 'hints' about brokered CDs
Replies: 24
Views: 4589

Re: Some 'hints' about brokered CDs

I have both brokered and non-brokered CD's (purchased from online banks). My one problem with brokered is that the interest is not reinvested --- so, I end up having these small amounts accumulating in a core money market account. Does anyone else consider this issue?
by hirlaw
Wed Oct 04, 2017 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Health Savings Account recommendation
Replies: 22
Views: 3005

Re: Health Savings Account recommendation

I have been happy with Optum Bank HSA. The investment options include several Vanguard funds.
by hirlaw
Wed Sep 13, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: Need Cloud Back-Up Service For Mac
Replies: 8
Views: 1153

Re: Need Cloud Back-Up Service For Mac

What about Carbonite? Has anyone had any luck with that service?
by hirlaw
Tue Sep 12, 2017 9:56 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 385
Views: 28589

Re: Iphone X is $1000

I have an IPhone 5. Been waiting for this to come out before I upgrade. I'm in. :D
by hirlaw
Tue Sep 12, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: Need Cloud Back-Up Service For Mac
Replies: 8
Views: 1153

Need Cloud Back-Up Service For Mac

I am looking into cloud back-up services for a Mac. My two main requirements are: 1) security and 2) ease of use. I am looking at IDrive and I like the fact that it has 256 encryption and allows a personal key not stored on their servers. However, I have read some reviews that people have had troubl...
by hirlaw
Wed Sep 06, 2017 5:33 pm
Forum: Personal Consumer Issues
Topic: Need Advise On Getting to Patriots Game, Foxborough
Replies: 13
Views: 1347

Need Advise On Getting to Patriots Game, Foxborough

I am going to be headed to Boston later in the season to watch my team get beat by the Patriots. I will be staying in the Back Bay area. I hear that getting to and from the stadium is pretty awful. I have looked into the train that goes there and seems to be a pretty good alternative. Any hints are ...
by hirlaw
Wed Aug 23, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans To Launch Total Corporate Bond ETF
Replies: 42
Views: 7556

Re: Vanguard Announces Plans To Launch Total Corporate Bond ETF

The original and supreme Boglehead, John Bogle, has expressed concern that the Total Bond Market index is too heavy in Treasuries. Maybe this is a way to allow folks to compliment the Total Bond index by increasing corporate exposure in a "total bond" context.
by hirlaw
Mon Aug 21, 2017 7:56 pm
Forum: Personal Consumer Issues
Topic: Help With Travel to Prague - Vienna - Budapest
Replies: 7
Views: 796

Help With Travel to Prague - Vienna - Budapest

We are planning to go to Prague, Vienna & Budapest next May. Probably, fly into Budapest, then take trains to Vienna and Prague, flying back out of Prague. I was thinking of 3 nights in each. Do you think that is sufficient time? Any other tips, suggestions are welcome.

Thanks!!
by hirlaw
Sat Aug 12, 2017 2:56 pm
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 6411

Re: BMW Z3 or Z4 or nothing at all?

I have a 2007 Z4 which I have owned for nine years. I currently has about 52k miles on it. First, my personal situation. I am short, about 5'5" and so "roomyness" is not an issue for me (I can stretch out in tourist class!). My commute is only about 3 miles and mostly though a large park and I live ...
by hirlaw
Thu Aug 10, 2017 12:15 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 7580

Re: What Percentage CASH are you?

OP: Are you including CD's and stable value funds in your definition of "CASH"? My guess is that a lot of people on here are using CD's in lieu of some bonds in this environment.