Search found 357 matches

by welderwannabe
Tue Dec 12, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: New Quad9 DNS Service Makes the Internet Safer and More Private
Replies: 17
Views: 1510

Re: New Quad9 DNS Service Makes the Internet Safer and More Private

One drawback in not using your ISP's DNS is some caching systems (Akamai for example) uses the source IP of the DNS request to determine which cache to send you to. If you are using a third party DNS, and your ISP has a local Akamai cache, you may not end up using content cache's closest to you. Net...
by welderwannabe
Tue Dec 05, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: 50k excess emergency funds. UPDATE.
Replies: 9
Views: 1579

Re: 50k excess emergency funds. UPDATE.

I would pay off the mortgage. Thanks welderwannabe. Any particular reason? Sure. I would want no mortgage the day I retire. Paying the mortgage off early is a guaranteed 3% risk free return. There aren't any other risk free ways to get 3% right now. The general comparison people make when deciding ...
by welderwannabe
Tue Dec 05, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: 50k excess emergency funds. UPDATE.
Replies: 9
Views: 1579

Re: 50k excess emergency funds. UPDATE.

I would pay off the mortgage.
by welderwannabe
Thu Nov 30, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Where to best set up 401k for Self Employed Contractor?
Replies: 8
Views: 264

Re: Where to best set up 401k for Self Employed Contractor?

For an individual 401k the employee contribution must be made before 12/31. The employer contribution can be made any time up to 4/15 of the following year, I believe. I have set up my i401k at Vanguard and I’m happy with it. There are advantages and disadvantages of Fido vs Vanguard. You can searc...
by welderwannabe
Mon Nov 27, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: High Yield Funds at Fidelity
Replies: 10
Views: 1255

Re: High Yield Funds at Fidelity

] I think the OP should also read up about the new Money Market Fund rules that have been brought in by the US government. As I understand it, it is now possible to "break the buck" on an MMF (for some funds). OP needs to understand what their risk is in doing this. TLDR; IMHO, the new rules should...
by welderwannabe
Sun Nov 26, 2017 4:13 pm
Forum: Personal Consumer Issues
Topic: Washer/dryer suggestions?
Replies: 43
Views: 3873

Re: Washer/dryer suggestions?

Put me in the category if people that like frontloaders. We have had them since 2002. First one was just replaced last year...last 14 years. We have never had a moisture or mildew problem with it like some have, but we have always left the door open a crack when it is not in use.
by welderwannabe
Sun Nov 26, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Do government bonds go in taxable?
Replies: 7
Views: 924

Re: Do government bonds go in taxable?

What is your bond AA?

If you just reached six figures, you could go buy a $10,000 I-Bond (savings bond) and have 10% of your AA in Bonds. Savings bonds can be a good choice for a portion of your bond-AA in taxable. I-Bonds are currently earning 2.58%. That beats everything you have listed.
by welderwannabe
Fri Nov 24, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Thankful for the Debt we Took - Should we Try Again?
Replies: 95
Views: 8935

Re: Thankful for the Debt we Took - Should we Try Again?

Leverage magnifies returns and losses. This same routine wouldn't have worked out as well if you had done it back in 2007 at the wrong time. I am glad it worked out for you. Had you stuck all the money in bitcoin you would have done even better :). Its not a gamble I would have taken though. What yo...
by welderwannabe
Fri Nov 24, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund vs target fund
Replies: 18
Views: 2222

Re: 3 fund vs target fund

In my megacorp 401k I am in the Target Date fund. It is nice and simple and I don't have to deal with rebalancing. That is worth a few basis points to me. I have enough rebalancing to deal with in our Roths, our i401ks, and taxable already.
by welderwannabe
Fri Nov 24, 2017 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds or Money Market?
Replies: 13
Views: 1729

Re: Bonds or Money Market?

I swung my short term tax exempt money over to the municipal money market at Vanguard a while ago. I left my Intermediate term fund as is.
by welderwannabe
Fri Nov 24, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k - Roth vs Less Efficient Funds?
Replies: 11
Views: 808

Re: Solo 401k - Roth vs Less Efficient Funds?

31 years old, the last 5 I've been maxing out a Roth IRA, making <$45k. Roth options seem, from my limited understanding, to be incredibly attractive: I pay very little in taxes on my now, and I'd much rather pay taxes up front, to keep as much of my retirement savings tax free. Now it's time for m...
by welderwannabe
Fri Nov 24, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 20
Views: 1672

Re: Advice welcome-VERY unusual circumstance: lien, NOL

I am sure many other will disagree with me, but that is a lot of mortgage debt for your combined salaries. $2,500 per month with the property taxes. What is your equity situation with the home? Have you considered downsizing the home a little and using any equity (if there is any) to help pay back t...
by welderwannabe
Fri Nov 24, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. Mortgage Payoff
Replies: 21
Views: 2069

Re: Bonds v. Mortgage Payoff

That is a lot of mortgage heading into retirement. I would work to pay it off aggressively before you retire using normal monthly cash flow. Once it is paid off, I would want to reassess my AA. Maybe you would feel more comfortable taking a little more stock risk without this monthly mortgage paymen...
by welderwannabe
Wed Nov 22, 2017 5:48 pm
Forum: Personal Consumer Issues
Topic: How do I sell silver coins?
Replies: 13
Views: 1864

Re: How do I sell silver coins?

An easy online point of reference is APMEX, which will be willing to buy if you have a minimum of $1000 value. Here's their selling instructions: https://www.apmex.com/sell-gold-sell-silver-to-apmex If they're common coins, you may be able to find the price each of the coins you have currently sell...
by welderwannabe
Wed Nov 22, 2017 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Are CDs within investment accounts the same as when you invest through bank?
Replies: 24
Views: 2275

Re: Are CDs within investment accounts the same as when you invest through bank?

I would need to find the reference, but I am pretty sure that all the CDs that Fidelity offers are FDIC insured...at least the new issue ones are. There are a lot of foreign banks there. I own some from the Bank of China, but they are all FDIC insured.
by welderwannabe
Sun Nov 19, 2017 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: sell fidelity index mutual fund and replace with etf index for tax benefit?
Replies: 21
Views: 1844

Re: sell fidelity index mutual fund and replace with etf index for tax benefit?

In addition, the reported after-tax returns for all funds are based on standard assumptions, which may not match your own tax situation. I believe the standard assumption is that you are in the top federal tax bracket but pay no state tax, so your tax is 39.6% on ordinary income and 20% on qualifie...
by welderwannabe
Sun Nov 19, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: 401k fund allocation
Replies: 7
Views: 616

Re: 401k fund allocation

In addition to the above, I would probably layer in a little ISHARES RUSSELL 2000 SM-CP INS - 0.20% as well.
by welderwannabe
Thu Nov 16, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 4135

Re: Help with Understanding How to Handle Bonus

A lot of companies (like mine) exempt bonuses from the 401k plan. Unless you have gotten a bonus before, and they took 401k contributions out of it, I would want to make sure before assuming that will happen in this case.
by welderwannabe
Mon Nov 06, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: I came up with a Bond plan.....Good or Bad...you decide
Replies: 19
Views: 1802

Re: I came up with a Bond plan.....Good or Bad...you decide

I actually liked this fund but 50%+ of the Bond was 5-10 years and there are only about 156 Bonds in the fund I thought it could possible be Long instead of Mid. Would prefer to see a bit less in the 5-10 year range. Its definitely an intermediate term fund. It has an average duration of around 5 y...
by welderwannabe
Mon Nov 06, 2017 10:04 am
Forum: Investing - Help with Personal Investments
Topic: A small inheritance, student loans, and a wedding...I want to invest.
Replies: 27
Views: 1743

Re: A small inheritance, student loans, and a wedding...I want to invest.

That is a lot of debt for your incomes, and the wedding is only going to make it worse. Go check out Dave Ramsey. When you have gotten past baby step 3, then come back here for advice on investing. It also sounds like your future wife and you may not be on the same page. It is important that you get...
by welderwannabe
Sun Nov 05, 2017 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Bond Options
Replies: 9
Views: 1234

Re: Bond Options

I've been looking into one additional option. I can buy CD's in my Fidelity IRA from a huge number of banks. Why not buy a 5 year CD with a 2.4% rate as opposed to a Fidelity Bond fund with a duration longer than 5 years and a return over the last 5 years of less than 2%? I am in your camp. I keep ...
by welderwannabe
Sun Nov 05, 2017 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Help Me Break My Love Affair With Fidelity Low Priced Stock
Replies: 76
Views: 6153

Re: Help Me Break My Love Affair With Fidelity Low Priced Stock

Im not gonna break your love affair. A .68% ER, assuming those are the only costs (no front end or back end loads) is not totally obscene if you like the fund's style, it is working for you, and it keeps your life simple.

Invest away.
by welderwannabe
Sun Nov 05, 2017 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Sell stocks in brokerage account to fund IRA?
Replies: 15
Views: 1303

Re: Sell stocks in brokerage account to fund IRA?

I have the same problem sometime. I sell in taxable to fund my Roth. There is an opportunity cost in not doing so that overrides the tax hit I take for selling now.
by welderwannabe
Sun Nov 05, 2017 7:32 am
Forum: Investing - Help with Personal Investments
Topic: I came up with a Bond plan.....Good or Bad...you decide
Replies: 19
Views: 1802

Re: I came up with a Bond plan.....Good or Bad...you decide

I would dump the short term stuff. You just don't need it with your time horizon, unless you are trying to reduce interest rate risk. For the most part I think that is a fools errand. I don't bother with short term bonds, I instead keep a little cash. I know you said you wanted to avoid corporates, ...
by welderwannabe
Mon Oct 23, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Bond ladders that are hard to climb
Replies: 11
Views: 845

Re: Bond ladders that are hard to climb

Yes, I understand you can own treasury FUNDS within an IRA or a 401 plan. However, I am speaking about building a bond ladder which, with treasuries, can only be done outside a retirement plan. Whether you can buy them within your IRA is a limit of the features of the brokerage house you hold your ...
by welderwannabe
Mon Oct 16, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 3370

Re: Why not CDs instead of Short Term Bonds or TIPS

I think from discussions we have had here that the prudent investor does not have more than half of her fixed income investments in SVF. You are basically going on the insurance company's credit rating. And if there is another bad market crash like 2008-09, many insurers could be in a lot of troubl...
by welderwannabe
Sun Oct 15, 2017 9:48 am
Forum: Investing - Theory, News & General
Topic: Basic portfolio math question
Replies: 6
Views: 574

Re: Basic portfolio math question

You can value a bond by calculating the present value of sum of all of its future cash flows. I suppose you could do that here with this income stream. Your case doesn't seem all that different than calculating the present value of an annuity to me. The wisdom of treating these future cash flows as ...
by welderwannabe
Sat Oct 14, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Silly accounting question [How do I record these transactions?]
Replies: 7
Views: 842

Re: Silly accounting question

In quicken, when I log the deposit of the rebate check, I would put it against the Auto category. That way when I track my spending, it will end up showing the net auto expenses properly. I do most of my own auto repair, and I do the exact same thing when I return my cores and get the core charge re...
by welderwannabe
Sat Oct 14, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: IBonds - now or wait? [November 2017 rate]
Replies: 40
Views: 5779

Re: November 2017 - New I bond rate?

That's not what I stated. The composite rate for I Bonds bought in November will be based on the 1.24% semi-annual inflation rate to be officially announced November 1st, not on the 0.98% one announced last May. Good, so I don't have a misunderstanding then. Had the inflation rate gone down in Nove...
by welderwannabe
Sat Oct 14, 2017 12:42 pm
Forum: Investing - Theory, News & General
Topic: "Dumb and dumber" from Allan Roth
Replies: 10
Views: 2944

Re: "Dumb and dumber" from Allan Roth

You are of course correct. In the future I'll choose my words more carefully. Having said that, I still stand behind my primary point which is that rising interest rates benefit long-term bond investors. Completely agree with you here. The point is that coupons from existing holdings are being used...
by welderwannabe
Sat Oct 14, 2017 9:48 am
Forum: Investing - Theory, News & General
Topic: IBonds - now or wait? [November 2017 rate]
Replies: 40
Views: 5779

Re: November 2017 - New I bond rate?

The first sentence is correct; but the second one is only half-correct, WW. If you buy in October you'll get the composite of the 0% fixed rate and 0.98% semi-annual inflation rate for the first six months. The next six months you'll get the composite of the 0% fixed rate and the new semi-annual in...
by welderwannabe
Sat Oct 14, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Please help a rookie with my portfolio
Replies: 8
Views: 915

Re: Please help a rookie with my portfolio

Desired Asset allocation: 70% stocks / 30% bonds (but still working on this...currently on the aggressive side for my age because income could help offset a market drop. Not sure if this is the right way to think about it.) That isn't super aggressive. I am 41 and am 80/20. I will be moving to 75/2...
by welderwannabe
Sat Oct 14, 2017 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Pay down mortgage or maintain liquidity for future home improvements
Replies: 10
Views: 1368

Re: Pay down mortgage or maintain liquidity for future home improvements

We just bought a house this year and want to do some fairly major work on it. We don't have a definite timeline, but probably more than 1 year (baby on the way) and within 3 years. We have been saving in taxable in mostly CA munis. Question: what would be the pros and cons of putting the home impro...
by welderwannabe
Sat Oct 14, 2017 6:46 am
Forum: Investing - Theory, News & General
Topic: IBonds - now or wait? [November 2017 rate]
Replies: 40
Views: 5779

Re: November 2017 - New I bond rate?

The inflation rate will be the same for new ibonds and existing ibonds come November. Maybe I am missing something (and I probably am), but how do you know the semi-annual inflation rate isn't changing in November? If they change the rate in November, and you buy a bond that is issued in November, ...
by welderwannabe
Sun Oct 08, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8575

Re: I'm thinking about cashing completely out of equites....

I wouldn't want to be 100% bonds nor 100% stocks. A portfolio with combined asset classes that are not (or less) correlated with eachother is more stable than one with only a single asset class. 50/50 is already pretty conservative. If you want to start dropping your equity allocation to get down to...
by welderwannabe
Sun Oct 08, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Anyone go 100% Ally or another online bank for all banking needs?
Replies: 61
Views: 5466

Re: Anyone go 100% Ally or another online bank for all banking needs?

I am 99% Ally. The 1% is a local credit union account I keep a couple thousand in 'just in case'. All DDs and billpay comes out of Ally. I use the credit union for my 1st tier emergency fund. It is also useful if I need to deposit cash, or get foreign currency, etc. I would never get rid of a local ...
by welderwannabe
Sun Oct 08, 2017 7:12 am
Forum: Personal Finance (Not Investing)
Topic: 3x gross income = house purchase price, should interest rate be taken into account?
Replies: 26
Views: 2304

Re: 3x gross income = house purchase price, should interest rate be taken into account?

When we bought about 15 years ago we bought a house priced at 2.5X our income, and I felt we overreached a bit at the time and still think so now. It worked out because we didn't buy at the peak, but that same gamble didn't work for others. I would want to have a minimum of 6 months of mortgage paym...
by welderwannabe
Sun Oct 08, 2017 7:02 am
Forum: Investing - Help with Personal Investments
Topic: mimicking duration of total bond using municipal bond funds
Replies: 5
Views: 729

Re: mimicking duration of total bond using municipal bond funds

I am not currently in the short-term fund. I moved my short-term taxable money into the municipal money market. It is 82bp right now versus 91bp for the short term fund.The MM yields very close to the same amount as the short term bond but has principal stability in the face of rising rates (if you ...
by welderwannabe
Wed Oct 04, 2017 8:47 am
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 6043

Re: Does anyone hold cash?

My taxable is 80/15/5. 80% stocks, 15% bonds, 5% cash.

I don't hold a sizable cash position in tax deferred.
by welderwannabe
Tue Oct 03, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 3915

Re: Chickened out... Now unsure where to start.

johnfromtexas wrote:
Tue Oct 03, 2017 12:36 pm
Fidelity Total Market Index Fund Premium Class (FSTVX)
Fidelity Total International Index Fund Premium Class (FTIPX)
Fidelity U. S. Bond Index Fund Premium Class (FSITX)
Three great funds. Hard to go wrong with these.
by welderwannabe
Tue Oct 03, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Market - FDCXX
Replies: 8
Views: 783

Re: Fidelity Money Market - FDCXX

Wow, FDCXX is one awful looking money market. If you want to use a Fidelity money market take a look at FZFXX or SPRXX.
by welderwannabe
Tue Oct 03, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: VWEHX High-Yield Corporate bond
Replies: 26
Views: 1730

Re: VWEHX High-Yield Corporate bond

Safest bang for the buck is a 1 year CD at 1.5%. Anything more than that isn't safe. Also, this sounds like an awful lot of effort you are considering having to 'actively manage' this money as you put it, to watch it like a hawk and pull out when you think it is about to go south. For $10k it just w...
by welderwannabe
Mon Oct 02, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: VWEHX High-Yield Corporate bond
Replies: 26
Views: 1730

Re: VWEHX High-Yield Corporate bond

Finding something that yields 2-3X the current risk-free rate that will be stable over the next year is just not realistic. I don't consider junk bond funds a place to put money I want to get back out in a year. If you do, then go for it and I hope you come back here in a year and tell us all the mo...
by welderwannabe
Mon Oct 02, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: 401K help please!
Replies: 2
Views: 311

Re: 401K help please!

If your plan offers VFORX without any sort of crazy ER, I would go that route. Set and forget.
by welderwannabe
Mon Oct 02, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: VWEHX High-Yield Corporate bond
Replies: 26
Views: 1730

Re: VWEHX High-Yield Corporate bond

I have a small pile of money ($10k) that I'd like to take a risk with for exactly 1 year. I have a small appetite for losing 1-2%, but hopefully looking for something more generous than the 1.2% I can get with an online savings account. I'm thinking junk bonds may be a solution, and possibly VWEHX ...
by welderwannabe
Mon Oct 02, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Index IRA vs CD IRA
Replies: 9
Views: 940

Re: Total Bond Index IRA vs CD IRA

In my solo 401k (non megacorp) plan I have about half of my 'treasury' allocation in 2 year CDs. I kept the other half in a treasury fund for rebalancing fodder.
by welderwannabe
Mon Oct 02, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Question on Bond Portion of AA
Replies: 16
Views: 1101

Re: Question on Bond Portion of AA

Chrysler's plan structure was not that unusual. A lot of them are just another general obligation of the insurance company running them.

I am with dude2. Go with 50/50 and don't look back. Best of both worlds.
by welderwannabe
Sun Oct 01, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: How Safe are Stable Value Funds
Replies: 24
Views: 2151

Re: How Safe are Stable Value Funds

Not to be contrarian, but the exact opposite thing happened to me. About 6 months ago they dropped our short term bond fund (it was Vanguard short term investment grade) and swapped it out for a stable value.
by welderwannabe
Sun Oct 01, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: How Safe are Stable Value Funds
Replies: 24
Views: 2151

Re: How Safe are Stable Value Funds

Stable Values tend to invest in longer maturity debt than money market funds. Even though money markets got regulated more strictly after the financial crisis it seems that stable values were largely left alone. Why I am not sure as there were as many SV issues in 2008/2009 as money market issues. R...
by welderwannabe
Sat Sep 30, 2017 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: How Safe are Stable Value Funds
Replies: 24
Views: 2151

Re: How Safe are Stable Value Funds

The answer is probably. No one knows for sure, and many of stable values don't really provide details as to their investments. Chances are in a normal market correction stable value funds will be OK. I would be more concerned about them in another credit crisis, although in 2008/2009 there were very...