Search found 557 matches

by BV3273
Thu May 21, 2020 8:03 am
Forum: Personal Investments
Topic: M1 Sale & Transfer Time Question
Replies: 1
Views: 155

M1 Sale & Transfer Time Question

Hello, I recently liquidated my “Play Fund” account at M1 last Friday after the market close. I’m tired of having an additional account to deal with and have lost interest. I will be moving these funds back to my main brokerage account. It looks like the liquidation has gone through, but I am still ...
by BV3273
Tue May 19, 2020 9:32 am
Forum: Personal Investments
Topic: Best place to hold 100k emergency fund?
Replies: 25
Views: 2381

Re: Best place to hold 100k emergency fund?

When and what do you plan to use it for? I hold some cash in a Credit Union rewards checking account earning 2%. Some in a local brick and mortar earning next to nothing. This is merely for true emergencies. I only keep about 1k there. The rest is in my taxable a mix between SP500 fund, Long Term Tr...
by BV3273
Fri May 15, 2020 2:42 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 52326

Re: How Is Your Job Being Impacted By The Current Crisis?

Some rural hospitals are already closed due to this. Ending ‘elective’ procedures is a death blow. Elective including cancer treatments among other treatments and so revenues at hospitals are decimated while beds sit empty, just in case. For the legal profession, major law firms are reducing pay be...
by BV3273
Fri May 15, 2020 7:41 am
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 52326

Re: How Is Your Job Being Impacted By The Current Crisis?

Update:

Company cut out 5% 401k match.
Cut all quarterly bonuses as well.

No mention of when we can expect these back. Pretty crummy but at least I still have a job.
by BV3273
Fri May 15, 2020 7:37 am
Forum: Personal Investments
Topic: Employer halting retirement contributions
Replies: 6
Views: 766

Re: Employer halting retirement contributions

I believe this does count for "affected adversely by Covid-19", according to the CARES act. Thus, if you want to withdraw some money from your 401k/403b plans and drop it into Roth IRA -- if you had wanted to do any Roth conversions -- you may do so and spread the tax bite over 3 years. I would lov...
by BV3273
Thu May 14, 2020 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving a Job Voluntarily during a pandemic?
Replies: 31
Views: 2943

Re: Leaving a Job Voluntarily during a pandemic?

Best time to look for a new job is when you’re currently employed.

Do you have anyone who has an inside track at the company?
by BV3273
Thu May 14, 2020 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Employer cut 403b contribution to zero
Replies: 86
Views: 6079

Re: Employer cut 403b contribution to zero

My employer stopped all 401k matching until further notice. This is going to cost me thousands of dollars but at least I’m still getting paid my full salary.
by BV3273
Wed May 13, 2020 1:36 pm
Forum: Investing - Theory, News & General
Topic: Why it’s a good idea to hold long term Treasuries as your emergency fund
Replies: 114
Views: 9249

Re: Why it’s a good idea to hold long term Treasuries as your emergency fund

Just curious. How much upside do you think is left in LTTs. There down to 1.34%. I’m new to all this so forgive me if this sounds like a stupid question.
by BV3273
Wed May 13, 2020 10:51 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 475463

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

How is everyone doing with this strategy? It seems to be doing slightly better than the SP500 YTD.
by BV3273
Wed May 13, 2020 7:49 am
Forum: Investing - Theory, News & General
Topic: First 20% of bonds in long-term Treasuries
Replies: 856
Views: 57239

Re: First 20% of bonds in long-term Treasuries

So an ideal bond portion of the portfolio should consist of 20% LTT and 20% of Intermediate Term (either treasuries or total bond). If that is the correct bond portion for your AA. Is that correct? I’ve seen some discussion on LTT and Short Term Bonds for the barbell approach. Would that be somewhat...
by BV3273
Tue May 12, 2020 6:05 pm
Forum: Personal Investments
Topic: Short Term Bonds or TIPS
Replies: 6
Views: 771

Re: Short Term Bonds or TIPS

Currently I’m holding Long Term and Short Term Treasury MFs. Would I be better off with a TIPS fund instead of the Short Term Treasury Fund? How sensitive are you to inflation risk? TIPS will protect against that risk, but you might have strong exposure to the risk (fixed-dollar pension) or negativ...
by BV3273
Tue May 12, 2020 10:21 am
Forum: Personal Investments
Topic: Short Term Bonds or TIPS
Replies: 6
Views: 771

Re: Short Term Bonds or TIPS

I don't think so. We're not exactly in an inflationary environment, and I don't see any evidence that things will be markedly different any time soon. There could be some inflation, but I don't it will be anything to write home about. Even before the pandemic, I didn't expect much inflation in the ...
by BV3273
Tue May 12, 2020 9:13 am
Forum: Personal Investments
Topic: Short Term Bonds or TIPS
Replies: 6
Views: 771

Short Term Bonds or TIPS

Currently I’m holding Long Term and Short Term Treasury MFs. Would I be better off with a TIPS fund instead of the Short Term Treasury Fund?
by BV3273
Mon May 11, 2020 8:01 am
Forum: Personal Investments
Topic: NY Muni ETF vs. MF
Replies: 3
Views: 301

NY Muni ETF vs. MF

Obviously I’m pretty well versed in the current state of affairs in NYC and the surrounding areas. That being said I am looking into putting some money into NY munis to produce tax-free income. I am torn between VNYTX - Vanguard Long Term Muni and NYF - NY Muni ETF from iShares. I already have a bro...
by BV3273
Sat May 09, 2020 9:00 am
Forum: Personal Investments
Topic: Where to invest cash in 401K accounts now?
Replies: 2
Views: 305

Re: Where to invest cash in 401K accounts now?

Age? What percentage of assets does that cash make up in your portfolio?
by BV3273
Fri May 08, 2020 3:40 pm
Forum: Personal Investments
Topic: Recession coming (?) any change in investments?
Replies: 82
Views: 7234

Re: Recession coming (?) any change in investments?

Sounds solid to me. How close are you to your retirement number?
by BV3273
Thu May 07, 2020 7:02 pm
Forum: Personal Investments
Topic: Dollar cost average into FSKAX?
Replies: 11
Views: 1076

Re: Dollar cost average into FSKAX?

I’m using FXIAX, but FSKAX is fine as well. I prefer being able to auto invest. That’s why I use the MFs at Fidelity instead of ETFs.
by BV3273
Thu May 07, 2020 12:00 pm
Forum: Investing - Theory, News & General
Topic: [Investment strategy from this point forward]
Replies: 50
Views: 2157

Re: Coronavirus economy

I defer to my magic 8 ball. My crystal ball is in the shop still.
by BV3273
Wed May 06, 2020 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Career Change Assessments Age 30
Replies: 20
Views: 2683

Re: Career Change Assessments Age 30

If you plan on IT - look over the roles like Analyst, System Analyst, Business Analyst In these roles, people talk to customers and stakeholders and translate their requirement to what a normal person can able to understood. For example, many IT developer dont know or somehow dont like to know the ...
by BV3273
Wed May 06, 2020 5:47 pm
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 571
Views: 147827

Re: Need to be able to do 30 chin-ups

Get a belt you can hang weight plates from and put together a workout plan. You’ll definitely have no problem banging out 30 if you can do 15-20 with a 45lb plate hanging from your belt.
by BV3273
Wed May 06, 2020 12:13 pm
Forum: Investing - Theory, News & General
Topic: Gold - Price over Spot
Replies: 16
Views: 1236

Re: Gold - Price over Spot

If you’re looking to buy see below:

https://findbullionprices.com/closest-t ... egory=gold&
by BV3273
Wed May 06, 2020 10:30 am
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 223
Views: 13650

Re: Is Disney the most tempting value stock?

I’ve had some good chuckles reading this post.

$50 Disney stock is like a new Porsche selling for $35,000.

Carry on though.
by BV3273
Mon May 04, 2020 9:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19256
Views: 2673162

Re: U.S. stocks in free fall

Kookaburra wrote:
Mon May 04, 2020 8:55 pm
Calendar is marked for a May 25 re-start of the meltdown. Three weeks from today.
Based on what?
by BV3273
Thu Apr 30, 2020 12:49 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63814

Re: So bottom is probably behind us....right?

I hope we recover from here on out but my gut tells me that’s not gonna be the case.

Lucky for me I keep investing weekly and biweekly regardless.
by BV3273
Thu Apr 30, 2020 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Payoff house and quit good-paying job?
Replies: 112
Views: 8198

Re: Payoff house and quit good-paying job?

Gotcha. Quite frankly I think it’s a millennial thing. I’m allowed to say that since I’m a millennial. People used to work regardless of if they liked it or not. They got up and went to work. The end. Something got lost in the shuffle. I am an early year millennial (born in 1984) and stand behind y...
by BV3273
Wed Apr 29, 2020 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Our company just closed our regional office permanently
Replies: 35
Views: 5458

Re: Our company just closed our regional office permanently

We are now all 100% remote work from home employees. I'm happy to have my job but a little anxious about how this set up will play out long term for the organization and my career. I think promotion options will now be further consolidated in the home office where people will still meet and congreg...
by BV3273
Sun Apr 26, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff house and quit good-paying job?
Replies: 112
Views: 8198

Re: Payoff house and quit good-paying job?

:greedy I What is wrong with so many on this forum? :confused Could you clarify? So many are trying to get away from work after only a little amount time on the job. Is this the message of Mr. John Bogle, the namesake of the board who never retired until death, literally speaking? Gotcha. Quite fra...
by BV3273
Sun Apr 26, 2020 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff house and quit good-paying job?
Replies: 112
Views: 8198

Re: Payoff house and quit good-paying job?

:greedy I What is wrong with so many on this forum? :confused Could you clarify? So many are trying to get away from work after only a little amount time on the job. Is this the message of Mr. John Bogle, the namesake of the board who never retired until death, literally speaking? Gotcha. Quite fra...
by BV3273
Sun Apr 26, 2020 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff house and quit good-paying job?
Replies: 112
Views: 8198

Re: Payoff house and quit good-paying job?

:greedy I
MathIsMyWayr wrote:
Sun Apr 26, 2020 3:59 pm
What is wrong with so many on this forum? :confused
Could you clarify?
by BV3273
Sun Apr 26, 2020 12:38 pm
Forum: Investing - Theory, News & General
Topic: Why do investors have a hard time doing nothing?
Replies: 53
Views: 3964

Re: Why do investors have a hard time doing nothing?

One of the most important things we can do as an investors is nothing. Relax, be still, and steady. I see a lot of smart investors talk about when the market does x, I'm going to do y. Hundreds of thousands, if not millions of people cashed out during the Pandemic. Most wish they never did. I'm cur...
by BV3273
Sun Apr 26, 2020 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: I need financial/general advice
Replies: 47
Views: 2987

Re: I need financial/general advice

As the title says I am in need of financial advice. I am 28. I have been working a job I hate for two years, and have managed to save close to 10k. At the beginning of the year I inherited a little over 150k, the 150k is going to be taxed when I take it out of the account it is in but the remaining...
by BV3273
Sun Apr 26, 2020 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Tax return lost in mail (during weird pandemic times...)
Replies: 20
Views: 1416

Re: Tax return lost in mail (during weird pandemic times...)

I’m still waiting on a 2018 amended. I have been working on this for quite sometime. The agent who has been working on it was just promoted so it’s going to another agent. It’s basically done. The problem is the agents are not allowed into the office right now. Kind of crazy.
by BV3273
Sun Apr 26, 2020 8:17 am
Forum: Personal Finance (Not Investing)
Topic: I need financial/general advice
Replies: 47
Views: 2987

Re: I need financial/general advice

As the title says I am in need of financial advice. I am 28. I have been working a job I hate for two years, and have managed to save close to 10k. At the beginning of the year I inherited a little over 150k, the 150k is going to be taxed when I take it out of the account it is in but the remaining...
by BV3273
Sat Apr 25, 2020 8:18 pm
Forum: Personal Investments
Topic: Need Advice
Replies: 4
Views: 475

Re: Need Advice

Do you have an emergency fund?

Don’t do the individual stock thing. Too risky. Especially with your line of work. I like Wellesley income. If the asset allocation works for you I’d go for it.
by BV3273
Sat Apr 25, 2020 8:15 pm
Forum: Personal Investments
Topic: Buyer's remorse - stock
Replies: 19
Views: 1668

Re: Buyer's remorse - stock

Is this real?
by BV3273
Sat Apr 25, 2020 11:37 am
Forum: Personal Investments
Topic: FIRE 32 Y/O New Investor Portfolio Review
Replies: 58
Views: 6715

Re: FIRE 32 Y/O New Investor Portfolio Review

I like the ability to sell ETFs like stocks over MFs but my issue is that I cannot invest automatically in ETFs in my Fidelity account. If I could I would rather go ETFs. I spoke to Fidelity about this and they said there is dividend reinvestment on the majority of ETFs. Do you know for sure? I ask...
by BV3273
Sat Apr 25, 2020 10:43 am
Forum: Personal Investments
Topic: Why not be more aggressive about stocks?
Replies: 27
Views: 1869

Re: Why not be more aggressive about stocks?

There are a lot of folks here that are 100% equity and some who hold a mix of bonds and cash. I’m 34. I never held bonds or much fixed income except a few grand in cash. I’m reallocating to some fixed income after this last crash and my wife getting laid off. Probably going to come in around 90/10 o...
by BV3273
Fri Apr 24, 2020 8:14 am
Forum: Personal Investments
Topic: FIRE 32 Y/O New Investor Portfolio Review
Replies: 58
Views: 6715

Re: FIRE 32 Y/O New Investor Portfolio Review

I like the ability to sell ETFs like stocks over MFs but my issue is that I cannot invest automatically in ETFs in my Fidelity account. If I could I would rather go ETFs.
by BV3273
Fri Apr 24, 2020 8:11 am
Forum: Investing - Theory, News & General
Topic: Total Stock Market vs Dr. Malkiel’s 5-Fund Portfolio
Replies: 20
Views: 1636

Re: Total Stock Market vs 5-Fund Portfolio

If you pick the right start and end dates, you can make any portfolio look great. Gold has outperformed stocks and bonds over the last 20 years. Does that mean you should put 100% of your portfolio in gold? Of course not. Would it be OK to put 80% of your portfolio in gold, 10% in platinum, and 10%...
by BV3273
Fri Apr 24, 2020 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Career Change Assessments Age 30
Replies: 20
Views: 2683

Re: Career Change Assessments Age 30

I have had about a billion hobbies this year alone (fly fishing, kayaking, switched from skiing to snowboarding, road biking, video games, softball league, bought/sold motorcycle within span of 6 months, etc.) where I take an extreme level of interest, buy all of the equipment (new of course :oops:...
by BV3273
Thu Apr 23, 2020 3:44 pm
Forum: Personal Consumer Issues
Topic: Ridiculous HVAC Duct cleaning quote
Replies: 51
Views: 4796

Re: Ridiculous HVAC Duct cleaning quote

That’s like triple what I paid and I live in Westchester NY. Home of getting insanely price quotes.
by BV3273
Thu Apr 23, 2020 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Best Covid19 resistant job
Replies: 154
Views: 9811

Re: Best Covid19 resistant job

Radiologist. I help run a Radiology practice, and across the industry groups are getting a COVID kick in the junk with outpatient imaging and elective procedures that use imaging guidance on hold. Very similar to how hospitals are facing cash crunches without high paying surgeries being done. ED vi...
by BV3273
Wed Apr 22, 2020 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Exit Interview
Replies: 78
Views: 5944

Re: Exit Interview

Complete waste of time. They don’t care about how you feel, etc. Just leave.
by BV3273
Wed Apr 22, 2020 8:11 am
Forum: Personal Investments
Topic: 401K International Options
Replies: 7
Views: 258

Re: 401K International Options

The 2nd fund is fine, if you want pure international exposure, the low expense ratio is nice too. It is true that Vanguard International Growth Admiral Shares has far out performed all international indexes in the past few years, but it should be noted that that among its top holdings are Amazon an...
by BV3273
Wed Apr 22, 2020 7:49 am
Forum: Personal Investments
Topic: 401K International Options
Replies: 7
Views: 258

Re: 401K International Options

anon_investor wrote:
Wed Apr 22, 2020 7:48 am
Do you know what index the 2nd fund tracks?
MSCI.
by BV3273
Wed Apr 22, 2020 7:45 am
Forum: Personal Investments
Topic: 401K International Options
Replies: 7
Views: 258

401K International Options

So I have 2 options available in my 401k where the bulk of my assets are concentrated. The first is VWILX - Vanguard International Growth Admiral Shares. It has an ER of 0.32, 124 stocks in the portfolio, and has 12.2% of exposure to North America which seems kind of weird to me. The second is some ...
by BV3273
Wed Apr 22, 2020 7:15 am
Forum: Personal Investments
Topic: FDGRX - Growth Fund vs. SP500
Replies: 23
Views: 1244

Re: FDGRX - Growth Fund vs. SP500

justsomeguy2018 wrote:
Tue Apr 21, 2020 10:06 pm
BV3273 wrote:
Tue Apr 21, 2020 7:12 pm
Thanks all! I am going to stay just with the S&P 500 fund that is available to me. The expense ratio is only 0.0135.
What about Fidelity® Large Cap Growth Index Fund (FSPGX)? The ER is only .035%.
Still beat it.
by BV3273
Wed Apr 22, 2020 7:14 am
Forum: Personal Investments
Topic: FDGRX - Growth Fund vs. SP500
Replies: 23
Views: 1244

Re: FDGRX - Growth Fund vs. SP500

Hello, I was reviewing some info in my 401k and started looking into the large cap funds. The bulk of my investments in my 401k and elsewhere are geared heavily towards the S&P 500. I checked on a fund that’s available which ticker is FDGRX. It is a Fidelity Growth Commingled Pool. ER is 0.83, but ...
by BV3273
Tue Apr 21, 2020 8:17 pm
Forum: Personal Investments
Topic: FDGRX - Growth Fund vs. SP500
Replies: 23
Views: 1244

Re: FDGRX - Growth Fund vs. SP500

We have made a killing with this fund in the last decade. It is my favorite fund in our portfolio and, though there is no guarantee for future performances, it is my one indulgence for paying a high annual fee. How has it done vs. a low cost growth index ETF like VUG or MGK? Outperformed both by a ...
by BV3273
Tue Apr 21, 2020 8:14 pm
Forum: Investing - Theory, News & General
Topic: For those concerned about International Stocks...
Replies: 78
Views: 6976

Re: For those concerned about International Stocks...

While I do believe in International stocks (have 30% allocation but always wonder if I should just jump to market weight, along with tilts to small/value...) you are playing games with the data to make you feel better about the past. International could win every other year, or win 9 out of 10, and...