Search found 435 matches

by spdoublebass
Tue Aug 21, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 164
Views: 15150

Re: Treasury Bonds are the Only Bonds You Need

So as the liability date approaches, you’d need to manage your effective duration by slowly selling the fund with the 5 year duration and buying a fund with a shorter duration. This is what I don't understand. What if the longer duration bond fund is down? If it has a long duration such as 15+ year...
by spdoublebass
Mon Aug 20, 2018 5:23 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 164
Views: 15150

Re: Treasury Bonds are the Only Bonds You Need

As a rule, the duration of your bonds should match your investment horizon. If you are more 10 years from retirement, the bulk of your bonds should be intermediate or long-term bonds, not a cash-like pseudo-insurance product like a GIC. This statement seems to be a major sub-current within this thr...
by spdoublebass
Sat Aug 18, 2018 11:02 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 12406

Re: Remind me (again) how real estate isn't a GREAT investment?

Of course Real Estate can be a great investment. I think the better question is will it be a great investment for you? I don't even own a house because I move so often for my work. Also, because I've rented so long I don't know how to fix anything, I am not handy. My point is that I probably shouldn...
by spdoublebass
Sat Aug 18, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: Do You Believe Diversification Is The Right Strategy Only If The Investment Horizon Is Long?
Replies: 28
Views: 1963

Re: Do You Believe Diversification Is The Right Strategy Only If The Investment Horizon Is Long?

I was just thumbing through Larry Swedroe’s book Investment Mistakes Even Smart Investors Make And ahow To Avoid Them. It’s a great book, easy to read, and I think Larry has said it’s his favorite of the one’s he’s written so far. There is a chapter (all of 3 pages) titled “Do You Believe Diversifi...
by spdoublebass
Fri Aug 17, 2018 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Small cap tilt - value vs. growth
Replies: 25
Views: 1637

Re: Small cap tilt - value vs. growth

I really shouldn't be commenting because I do not know enough and hold market weight.... But, I read so much about small value being the better choice, but if I were going to tilt I would use the Extended Market index. I know it's not the point of the fund. Portfolio Vis. goes back to 1988, it comes...
by spdoublebass
Thu Aug 16, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: For i401k, Vanguard does not allow investment into Admiral Shares
Replies: 32
Views: 1713

Re: For i401k, Vanguard does not allow investment into Admiral Shares

As a current i401(k) and Roth i401(k) account holder at Vanguard holding most of my entire portfolio in those two accounts, I too am tempted to move them elsewhere due to the fact that Admiral shares are not available. Ever since opening the account, I have felt shortchanged due to the seemingly un...
by spdoublebass
Tue Aug 14, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund
Replies: 9
Views: 1189

Re: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund

CyberBob wrote:
Sun Aug 12, 2018 7:56 pm
spdoublebass wrote:
Thu Aug 09, 2018 9:19 pm
I thought this new fund was going to be a compliment to Total World stock fund.
That’s another fund that’s global credit and government.
viewtopic.php?t=249955

Thank you.
by spdoublebass
Thu Aug 09, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund
Replies: 9
Views: 1189

Re: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund

I thought this new fund was going to be a compliment to Total World stock fund.

Why wouldn't they just follow an index instead of actively managing it?
by spdoublebass
Mon Aug 06, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 4605

Re: Dear BH, what are non-BH actions you do?

1. I didn't focus on paying back my student loan. Since I consolidated based off of my income, I just make the minimum payments. After 20 years, the balance will be counted as income and I will be taxed on it. I crunched the numbers....I end up paying less than the amount I borrowed if I just make t...
by spdoublebass
Mon Aug 06, 2018 2:06 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a intermediate savings goal.
Replies: 12
Views: 1023

Re: Asset Allocation for a intermediate savings goal.

I've spent a lot of time thinking about an AA. I have one mapped out, but as stated above it will have to be watched carefully depending on what happens in the market. This lead me to think about what fund to use for the stock portion. I of course was leaning towards VTI (TSM), VOO (SP500), or even ...
by spdoublebass
Sun Aug 05, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 164
Views: 15150

Re: Treasury Bonds are the Only Bonds You Need

I'm not trying to derail this thread. I do have a question that I did not want to start a new thread for. I recently discovered Treasury Direct and CD's. My experience has only been with rates as they are currently. I went to TD and looked at previous treasury rates. In 2012 were one year treasury r...
by spdoublebass
Sun Aug 05, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: Will dividend spending only portfolio last forever ?
Replies: 90
Views: 5720

Re: Will dividend spending only portfolio last forever ?

I know I should just let this go, but I have to chime in.... Chip, Here is a article that WB is a closet dividend investor. (how dividend investors look at things). You post articles all over the place. This is fine if you are willing to defend them. Otherwise there is absolutely no point. The secon...
by spdoublebass
Sat Aug 04, 2018 2:47 am
Forum: Investing - Help with Personal Investments
Topic: Small Retirement Portfolio—Advice Requested
Replies: 20
Views: 2002

Re: Small Retirement Portfolio—Advice Requested

It seems like you received great advice. I just wanted to chime in and mention that since you said you worked in the arts (as do I) you can invest any cash or 1099 paychecks into a Solo (or sometimes called Individual) 401K. Obviously Roth IRAs are great but if you are maxing it out, you might want ...
by spdoublebass
Fri Aug 03, 2018 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for a value index fund (low-cost) that spans all market caps
Replies: 11
Views: 978

Re: Looking for a value index fund (low-cost) that spans all market caps

jhfenton wrote:
Fri Aug 03, 2018 10:47 pm


+1 I own VFVA as well for the same reasons. It is a deep value fund that will always be around 1/3 each large, mid, and, and small.

Is there a similar fund to VFVA to use to look at historical returns? Would looking at 50/50 LCV/SCV be a decent comparison?
by spdoublebass
Fri Aug 03, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a intermediate savings goal.
Replies: 12
Views: 1023

Re: Asset Allocation for a intermediate savings goal.

IBDS is a target maturity fund, a ETF that purchases bonds which mature in the year 2027. It will cash out that year, and should deliver a more-or-less predictable yield to maturity until then which is currently 4.16%. Once it cashes out you can move leave that money in cash, put it in a CD Good lu...
by spdoublebass
Fri Aug 03, 2018 8:43 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 164
Views: 15150

Re: Treasury Bonds are the Only Bonds You Need

vineviz wrote:
Fri Aug 03, 2018 8:34 pm

By the time I hit age 70, I expect long-term bonds will be down to 25% of my bond allocation.
Will you just glide down to 25%? Or will you not reinvest dividends? I'm just curious and trying to follow.
by spdoublebass
Fri Aug 03, 2018 8:17 pm
Forum: Investing - Theory, News & General
Topic: Will dividend spending only portfolio last forever ?
Replies: 90
Views: 5720

Re: Will dividend spending only portfolio last forever ?

spdoublebass, Ok...now were getting back to the original subject of dividends. I'm not getting to or back to anything. The only reason why I spoke up is because this is a forum that people can reference, not a social network. Stating the funds you mentioned without noticing the overlap I thought ne...
by spdoublebass
Fri Aug 03, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: Will dividend spending only portfolio last forever ?
Replies: 90
Views: 5720

Re: Will dividend spending only portfolio last forever ?

Yes, I misspoke, their is Gm & GE in VHDYX (sorry, my mistake). Not sure why they sold Microsoft. Their yield must have dropped below a certain screening... Yes, their is overlap between the High Dividend Yield, Mid Cap. Value & Small Cap. Value. However, my percentage's in the funds are much highe...
by spdoublebass
Fri Aug 03, 2018 6:37 pm
Forum: Investing - Theory, News & General
Topic: Will dividend spending only portfolio last forever ?
Replies: 90
Views: 5720

Re: Will dividend spending only portfolio last forever ?

Let's kick it up a notch & look at my portfolio. (now that we have the basic's covered). I have 4 accounts. 1). 401K (small cap. blend, long term investing) 200 stocks. 2). Roth IRA (small cap. value, long term investing) 900 stocks. 3). Taxable account, Vanguard High Dividend Value Index Fund 400 ...
by spdoublebass
Fri Aug 03, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 164
Views: 15150

Re: Treasury Bonds are the Only Bonds You Need

I agree with the assessment that Treasurys are all one needs -- corporates, munis, fallen angels, etc. can be avoided. However, I am of the opinion that the treasury bonds should be internationally diversified. You want sovereigns from all over the world just in case something happens to your home ...
by spdoublebass
Fri Aug 03, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 215
Views: 19738

Re: Vanguard to offer non-Vanguard ETFs commission-free

I wish they would at least release a list of what they will offer commission free.
by spdoublebass
Fri Aug 03, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Will dividend spending only portfolio last forever ?
Replies: 90
Views: 5720

Re: Will dividend spending only portfolio last forever ?

The only issue I have with this forum is that when people post questions like this one, everyone answers or debates the question from thier perspective. There’s nothing wrong with living off dividends. However, it’s hard for some people to reach a portfolio large enough where this is possible. So fo...
by spdoublebass
Fri Aug 03, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 164
Views: 15150

Re: Treasury Bonds are the Only Bonds You Need

Vineviz: You’re saying long investing horizon 20+ years.... I know what you mean, but typically they say if your investing horizon is twice the bond funds duration you’re ok. For VGLT (Long treasury Etf) the duration is 17.2 years. To me, it seems you could get burned unless you have over 30 years t...
by spdoublebass
Wed Aug 01, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: How to diversify a dividend-yield portfolio
Replies: 21
Views: 1806

Re: How to diversify a dividend-yield portfolio

Hi Sandtrap, (I love your posts by the way). Just to reiterate what Vineviz has posted. By combining a fairly low risk fund (VYM, high dividend yield index) with a higher risk fund (VOE, small cap value) it actually reduces your risk & has the potential to increase your returns substantially. See p...
by spdoublebass
Wed Aug 01, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a intermediate savings goal.
Replies: 12
Views: 1023

Re: Asset Allocation for a intermediate savings goal.

If you want to see Vanguard's take on this, check out the different age-based options Vanguard has in it's 529 plans that follow a glide-path like what you're asking about. https://investor.vanguard.com/529-plan/age-based-options You could also review a "target-retirement" plan ending ~12 years fro...
by spdoublebass
Wed Aug 01, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a intermediate savings goal.
Replies: 12
Views: 1023

Re: Asset Allocation for a intermediate savings goal.

I appreciate all the replies. I will respond to them more directly this afternoon. For now, I wanted to add that the $55,000 is the estimate of what I'll need. If I have that amount in 12 years, I will be fine. It may turn out that in 12 years I'll only need $45,000. In that case I'll have over save...
by spdoublebass
Wed Aug 01, 2018 1:47 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a intermediate savings goal.
Replies: 12
Views: 1023

Asset Allocation for a intermediate savings goal.

I read these two threads: https://www.bogleheads.org/forum/viewtopic.php?t=101208 https://www.bogleheads.org/forum/viewtopic.php?t=242774 While they were helpful, I was wondering more about the actual asset allocation that people use. I do not want to get into specifics of what the money is for, but...
by spdoublebass
Sun Jul 29, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 212
Views: 19760

Re: I’m still not a fan of international bond funds

According to Vanguard's website, the SEC yield is now 0.88%. Not much in the way of dividend income. It's still up 1.28% YTD. While TBM is down 1.72% YTD and with SEC 3.13%. I'm not saying INT Bonds are a must have, but if you want them they aren't a big deal. I use them to rebalance, then buy them...
by spdoublebass
Fri Jul 27, 2018 12:09 am
Forum: Investing - Theory, News & General
Topic: Tilting Towards Domestic
Replies: 9
Views: 852

Re: Tilting Towards Domestic

I’ve read those articles. This is what I do. I think some of it is just preference. I like the fact that I hold X% at global market weight and X% at US market weight. I like that the global will fluctuate over time. I know The articles used 30% as a domestic tilt, but if you look at even a 50/50 glo...
by spdoublebass
Sun Jul 22, 2018 11:03 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 119
Views: 24667

Re: Bill Sharpe's preferred portfolio

The 21 number is for the All-World ex-us index, which is large and mid-cap only. Doing the subtraction from the Global index series gets you small-cap too, and so is a more complete number. I realize I was using the wrong index. But just so I understand, why do you have to subtract it from the Glob...
by spdoublebass
Sun Jul 22, 2018 10:44 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 119
Views: 24667

Re: Bill Sharpe's preferred portfolio

I agree with everything above except the Global all cap ex US. I found that number to be 21,532,624 In your link it shows the global number as 51,639,835 and the US as 27,505,578 51,639,835 - 27,505,578 = 24,134,257 Where did you get the 21,532,624 number? Ok. First, you do not have to subtract any...
by spdoublebass
Sun Jul 22, 2018 10:20 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 119
Views: 24667

Re: Bill Sharpe's preferred portfolio

I agree with everything above except the Global all cap ex US. I found that number to be 21,532,624 In your link it shows the global number as 51,639,835 and the US as 27,505,578 51,639,835 - 27,505,578 = 24,134,257 Where did you get the 21,532,624 number? Ok. First, you do not have to subtract any...
by spdoublebass
Sun Jul 22, 2018 2:26 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 119
Views: 24667

Re: Bill Sharpe's preferred portfolio

27,900,058 - US stocks - CRSP US Total Market Index 23,739,777 - ex US stocks - FTSE Global All-Cap Index minus US 19,066,930 - US bonds - Citigroup US Broad Investment-Grade Index 18,463,300 - ex US bonds - Citigroup World Broad Investment-Grade Index minus US I agree with everything above except ...
by spdoublebass
Sat Jul 21, 2018 1:38 am
Forum: Investing - Theory, News & General
Topic: Why Take Risk on Equity Side?
Replies: 78
Views: 5532

Re: Why Take Risk on Equity Side?

Does anyone know what percent of this fund/ETF is HY corporate bonds? (Maybe it is minuscule.) Disclaimer: I am not advanced in any of this I think you can get an idea from using the factsheets for the Indices. FTSE RUSSEL (Citi) can be found here: https://www.yieldbook.com/m/indices/browse.shtml U...
by spdoublebass
Sun Jul 01, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8982

Re: "homemade dividends" from Total Stock Market fund

I do not mean any of this aggressively or as an attack. T. (I read where Brian worked, I think it's G.S. but I' am not 100% sure). (It's in one of his articles). Anyway, This is what I think: Finance is very complicated. It changes daily, weekly & yearly. No one has a clear crystal ball. The target ...
by spdoublebass
Sun Jul 01, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8982

Re: "homemade dividends" from Total Stock Market fund

T. Here is another analysis/article the author of "Simply Safe Dividends" wrote concerning how dividend stocks perform in a rising interest rate environment. https://www.simplysafedividends.com/will-rising-interest-rates-hurt-dividend-stocks/ Here is his source... http://www.mhinvest.com/files/pdf/...
by spdoublebass
Fri Jun 29, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Anyone else having issues calling the Vanguard ETF number?
Replies: 5
Views: 349

Re: Anyone else having issues calling the Vanguard ETF number?

Why don’t you just call their contact us number and talk to someone right away and have them do it?

855-327-1214
by spdoublebass
Wed Jun 27, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bond Logistics
Replies: 14
Views: 1880

Re: I-Bond Logistics

Thank you all for the great replies. Despite all of the complaints you see on this forum about Treasury Direct, I find it very easy. It might be nominally easier to purchase 1x or 2x a year, but since I'm paid on a monthly basis, it just makes more sense to budget on a monthly basis. Although I am n...
by spdoublebass
Wed Jun 27, 2018 12:50 am
Forum: Investing - Help with Personal Investments
Topic: I-Bond Logistics
Replies: 14
Views: 1880

Re: I-Bond Logistics

Every purchase made in Treasury Direct creates a new I-Bond. I purchase using the TD "Payroll Investment" method by direct depositing to buy one I-Bond per month. At the end of the year I have 12 bonds. The listing in Current Holdings is pretty long. :D Do you find it cumbersome to have so many? I ...
by spdoublebass
Tue Jun 26, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bond Logistics
Replies: 14
Views: 1880

I-Bond Logistics

HYPOTHETICAL question, I'm just curious. If one were to buy I-bonds each month instead of once a year, would you end up with many different sets I-Bonds? Is it hard to track? If you bought say $6000 a year, that seems very tidy. One purchase a year, easy to track and follow. If you bought $500 a mon...
by spdoublebass
Tue Jun 26, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Waiting for a market drop?
Replies: 17
Views: 2402

Re: Waiting for a market drop?

I sold some share of TBM yesterday to buy equities. I'll buy them back later in the week. I do not think buying the dips is mandatory, but If I have the time I don't see the harm.
by spdoublebass
Sun Jun 24, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Diversification, Long Before Mr. Markowitz
Replies: 37
Views: 2315

Re: Portfolio Diversification, Long Before Mr. Markowitz

by shipping your grain to like 8 different places) in case we get invaded and wiped out locally by a conquering army. Would love to know what the original text says. In the first verse, in the original Hebrew, a ship is never mentioned. Hebrew reads: Throw your bread on the waters,/for after many d...
by spdoublebass
Fri Jun 22, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 10950

Re: I-bonds look pretty bad right now

You don't, but why did you do an inflation adjustment to TBM? Maybe I misinterpreted your point, which I thought was comparing inflation adjusted TBM to the nominal I-bond value. If I bought the I-bond in January 2013, I now have $1080 nominal dollars, I do not have $1080 inflation adjusted, 2013 d...
by spdoublebass
Fri Jun 22, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 10950

Re: I-bonds look pretty bad right now

The only thing I see is that you are showing an inflation adjustment for the bond fund, but not the I-bond. The figures from that site are based on total returns to I-bonds and so can just be compared to the bond fund directly, for example: Jan 1, 2013 TBM= Final Balance $1074 I-Bonds= $1080 Or usi...
by spdoublebass
Fri Jun 22, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 10950

Re: I-bonds look pretty bad right now

The only thing I see is that you are showing an inflation adjustment for the bond fund, but not the I-bond. The figures from that site are based on total returns to I-bonds and so can just be compared to the bond fund directly, for example: Jan 1, 2013 TBM= Final Balance $1074 I-Bonds= $1080 Or usi...
by spdoublebass
Fri Jun 22, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 10950

Re: I-bonds look pretty bad right now

I'm always hesitant to post on this forum, because most of you are way out of my league, but I guess it's the only way to learn. I know I-Bonds don't look great, but it's all relative isn't it? I just used this website: http://eyebonds.info/ibonds/home1000.html I also keyed in VBMFX (TBM) in PV. I ...
by spdoublebass
Thu Jun 21, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct Question
Replies: 23
Views: 2492

Re: Treasury Direct Question

Getting back to the 28-day bill you bought, spdoublebass: With a price of 99.858833, your Annual Percentage Yield [1] is 1.86% = (100 / 99.858833) ^ (365 / 28) - 1 I'm really not trying to be annoying, but I just have one last question. I get that the price of the bond is 99.858833 I get that the i...
by spdoublebass
Thu Jun 21, 2018 12:04 am
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 10950

Re: I-bonds look pretty bad right now

I'm always hesitant to post on this forum, because most of you are way out of my league, but I guess it's the only way to learn. I know I-Bonds don't look great, but it's all relative isn't it? I just used this website: http://eyebonds.info/ibonds/home1000.html I also keyed in VBMFX (TBM) in PV. I w...
by spdoublebass
Wed Jun 20, 2018 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct Question
Replies: 23
Views: 2492

Re: Treasury Direct Question

The auction was today and I now see this information: Maturity Date = 07/19/2018 High Rate = 1.815% Investment Rate = 1.843% Price Per $100 = 99.858833 (These figures appear on the 28-day bill auction results PDF file .) The "Price" and "Investment Rate" are determined using the formulas on this Tr...
by spdoublebass
Wed Jun 20, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct Question
Replies: 23
Views: 2492

Re: Treasury Direct Question

For my needs, I'd never buy anything but US Savings Bonds at Treasury Direct. As far as treasuries go, I get the same price at Vanguard (and one can elsewhere) but have the flexibility of already holding my treasuries at Vanguard where I have the bulk of all my other investments. It's so much easie...