Search found 696 matches

by aj76er
Sun Oct 13, 2019 2:41 pm
Forum: Personal Investments
Topic: Allan Roth and Bill Bernstein fixed income portfolio?
Replies: 47
Views: 4666

Re: Allan Roth and Bill Bernstein fixed income portfolio?

In the event of a deep crisis, if a small bank in which you have a large CD goes belly-up, how timely does FDIC insurance make you whole? Do you get all your interest? Or do you lose it? There’s also the hassle factor of finding, opening, and maintaining multiple accounts, some of which are at banks...
by aj76er
Mon Oct 07, 2019 10:42 pm
Forum: Personal Investments
Topic: All in on VT?
Replies: 30
Views: 4467

Re: All in on VT?

Thanks all for the great advice! It sounds like the pros and cons of owning all VT are as follows: Pros: - One single fund - No need to think about rebalancing Cons: - No tax loss harvesting - Cannot decide US/Int'l weighting - Higher overall expense ratio With all that in mind, I'll stick to VT fo...
by aj76er
Mon Oct 07, 2019 10:07 pm
Forum: Personal Investments
Topic: All in on VT?
Replies: 30
Views: 4467

Re: All in on VT?

Thanks all for the great advice! It sounds like the pros and cons of owning all VT are as follows: Pros: - One single fund - No need to think about rebalancing Cons: - No tax loss harvesting - Cannot decide US/Int'l weighting - Higher overall expense ratio With all that in mind, I'll stick to VT fo...
by aj76er
Fri Sep 27, 2019 1:28 pm
Forum: Personal Consumer Issues
Topic: Do you wash berries?
Replies: 71
Views: 4137

Re: Do you wash berries?

I rinse them (gently) in a strainer, then spray them with vinegar (we have a spray bottle sitting next to the sink). Then we let them sit for about 5mins, then give them a quick final (gentle) rinse.
by aj76er
Wed Sep 25, 2019 8:35 pm
Forum: Personal Investments
Topic: Fidelity money market fund
Replies: 20
Views: 2491

Re: Fidelity money market fund

I am looking for money market fund at Fidelity which is is better than Ally online saving account. The purpose is to build savings that needs to be spent in next 3 to 4 years. This is for taxable account and we are in 24% tax bracket in state of Ohio. Thanks 4 week treasury bill on 4 week auto-roll...
by aj76er
Sat Sep 21, 2019 1:25 pm
Forum: Personal Investments
Topic: Total International (VTIAX) in Taxable Acct or 401k for High Tax Bracket?
Replies: 21
Views: 1503

Re: Total International (VTIAX) in Taxable Acct or 401k for High Tax Bracket?

Consider running the numbers with ixus as well. It has historically had a higher foreign income tax per dividend, thus resulting in a higher foreign tax credit. In a taxable account it has shown to be the most tax efficient international total market equity fund.
by aj76er
Thu Aug 29, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4096
Views: 771386

Re: What's Your Credit Card Rewards Strategy?

Chase Reserve ($150 fee after $300 travel credit), 4.5% travel reward (3% x 1.5 using their travel portal), Airport lounge entry, global entry fee covered, primary rental car insurance, emergency travel medical coverage. Fidelity 529 Visa, flat 2% reward Costco CityBank Visa (4% on gas, 3% on eatin...
by aj76er
Sun Aug 25, 2019 4:33 pm
Forum: Personal Investments
Topic: Considering an Owner Financed Loan
Replies: 11
Views: 657

Re: Considering an Owner Financed Loan

Goal33 wrote:
Sun Aug 25, 2019 2:40 pm
What % of your net worth is this? (asking in terms of risk)

If you do this, I'd shoot for a higher down payment. Not sure I understand why he won't finance it traditionally though.
The equity I have in the condo is approx 10% of my net worth.
by aj76er
Sun Aug 25, 2019 2:29 pm
Forum: Personal Investments
Topic: Considering an Owner Financed Loan
Replies: 11
Views: 657

Considering an Owner Financed Loan

about 3 months ago I moved (out-of-state) for a new job and have been trying to sell my condo, without much success. I've discounted the price over the course of 3 months by about 25% (~5% every two weeks) and am now at a price point just under my original purchase price. I've had some casual discus...
by aj76er
Sat Aug 10, 2019 10:27 pm
Forum: Investing - Theory, News & General
Topic: Come over to the Liability Matchng portfolio side: the water is fine
Replies: 170
Views: 11040

Re: Come over to the Liability Matchng portfolio side: the water is fine

I'm a LMP / RP advocate myself, but it reminds me of the "bucket" approach that I disregard as nothing much more than mental accounting. I guess in LMP, the "safe" bucket is supposed to be in ultra-conservative, inflation-linked things; e.g., TIPS, I-Bonds and it's supposed to be big enough to supp...
by aj76er
Sat Aug 10, 2019 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

So I ran into a snag today (Saturday). I went to a bank of america ATM to withdraw some cash from my CMA (which has overdraft turned on and $0 in it), but the transaction was declined due to insufficient funds. So it did not automatically overdraft any cash into the CMA from the investment account....
by aj76er
Sat Aug 10, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Unlimited Paid Time Off ("PTO") and Sick Time: cui bono and how does it work?
Replies: 21
Views: 2233

Re: Unlimited Paid Time Off ("PTO") and Sick Time: cui bono and how does it work?

In my experience, the more senior folks who understood the old rules of PTO ensured they took the proper time every year. The younger, less experienced workers never took any vacations and that becomes the new normal for them (as they don’t know anything different). Personally I think the policy of ...
by aj76er
Sat Aug 10, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

Curious what funds people hold at fidelity for 3 fund. Since I will have my taxable account there. I am think across all my accounts that I will use: ITOT for total stock market FTIHX for total intl FXNAX for bonds Thoughts? I use VTI and IXUS in my taxable at Fido. IXUS is way more tax efficient t...
by aj76er
Wed Aug 07, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

I just decided today to consolidate everything to Fidelity. Will be leaving Vanguard and moving over rira’s, 529’s and taxable accounts. Since I use the CMA and am index investor, it makes sense to have everything in one place. It will be a hassle though, I’m sure. If anyone has any advice on how t...
by aj76er
Tue Jul 23, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

Debit cards are the devil, I would never buy things (especially on the internet) with one. https://clark.com/personal-finance-credit/never-use-debit-card-pay/ I never use them either, but it’s the only way to get cash into the app. You can send cash to a bank account, but can’t pull from one. I nee...
by aj76er
Mon Jul 22, 2019 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

I had my first issue with the Fidelity CMA account. I’ve been trying to add my debit card to Apple Pay on my phone for over a week. In order to authorize the card, Fidelity forces you to call into customer service and answer a bunch of questions. The first time I tried this they said I was activated...
by aj76er
Mon Jul 15, 2019 12:04 pm
Forum: Investing - Theory, News & General
Topic: Will you buy Total Bond with a negative yield?
Replies: 112
Views: 12510

Re: Will you buy Total Bond with a negative yield?

I’d probably consider short-term investment grade corporate bonds, short-term brokered CD’s, I-bonds, and short term municipals.
by aj76er
Wed Jul 10, 2019 9:42 am
Forum: Personal Consumer Issues
Topic: Google fi users - happy with it and recs?
Replies: 32
Views: 3430

Re: Google fi users - happy with it and recs?

Overall Google FI is a great plan and I’ve been using it for a few years now. However it’s gotten a little pricey compared to other options. I like the international coverage, and the ability to receive text and calls from any device (with hangouts running in a browser). But I dislike the occasional...
by aj76er
Tue Jul 09, 2019 1:30 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 9444

Re: Fidelity Expands Their Index Fund Lineup

These don't show up for me - don't see when searching for FISVX on their site and looking at index fund lists in the usual places (https://www.fidelity.com/mutual-funds/investing-ideas/index-funds). Where did you see them? Thanks for sharing - about time they have a small-cap-value index option. I ...
by aj76er
Tue Jul 09, 2019 1:19 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 9444

Fidelity Expands Their Index Fund Lineup

While researching the fidelity index funds, I noticed 5 new additions to their lineup: FMBIX - Fidelity® Municipal Bond Index Fund FMDGX - Fidelity® Mid Cap Growth Index Fund FIMVX - Fidelity® Mid Cap Value Index Fund FECGX - Fidelity® Small Cap Growth Index Fund FISVX - Fidelity® Small Cap Value In...
by aj76er
Sat Jul 06, 2019 5:43 pm
Forum: Personal Investments
Topic: How does tax with-holding work for International funds in retirement accounts
Replies: 11
Views: 734

Re: How does tax with-holding work for International funds in retirement accounts

International funds held in tax-advantaged accounts pay foreign taxes and you cannot recoup these with a tax credit. For Vanguards international fund (vxus) it is something like 6% of dividends. So assuming ~3% dividend yield you are losing about 18bps on top of the E/R. You’ll have to analyze your ...
by aj76er
Mon Jun 17, 2019 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

While you can keep your CMA balance at $0 with a backup higher-earning money market account linked to your cash account, reading previous posts will underscore that this is not fool-proof and that you may have an occasional bounced check. This sounds like an urban legend. I have been using CMA for ...
by aj76er
Sun Jun 16, 2019 1:55 pm
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 188
Views: 35733

Re: Study: The Rate of Return on Everything, 1870-2015

For those of you not willing to play with a spreadsheet yourself, I assembled a few graphs, focusing on a 60/40 (all domestic) asset allocation. I focused on the 1925+ time period, because before that we have various data holes and some countries had a few years of hyper-inflation which made the nu...
by aj76er
Wed Jun 05, 2019 1:50 am
Forum: Personal Finance (Not Investing)
Topic: Estimated State Tax Payments When Moving
Replies: 2
Views: 217

Estimated State Tax Payments When Moving

In a week or so, I'll be moving from a state with income tax (OR) to a state with no income tax (TX). Due to taxable stock dividends, I am required to make estimated state tax payments for 2019 (and just mailed by 2nd quarterly payment). Since I'll be living in a different state (for the rest of the...
by aj76er
Sat Jun 01, 2019 11:31 pm
Forum: Investing - Theory, News & General
Topic: Your favorite international stock mutual fund
Replies: 16
Views: 1641

Re: Your favorite international stock mutual fund

Another vote for IXUS. It's way more tax efficient than the Vanguard counterpart, and so the all-in cost is much less when held in a taxable account.

If I held international in tax-sheltered, then I'd choose vxus because it is the most complete (i.e. holds the largest number of stocks).
by aj76er
Wed May 29, 2019 12:42 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1057
Views: 100225

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I'm wondering if this is easier than having Fido "pull" the funds. Has anyone tried this? By far the easiest way to send money between Health Equity HSA and Fidelity HSA is a push, not the pull. I've done both multiple times, and the pull was very very slow, and I had to call Health Equity to promp...
by aj76er
Wed May 29, 2019 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

There are two features Capital One 360 has that I would really love Fidelity to implement: (1) You can click on a check deposit transaction to view the image of the check that was deposited (2) You can enter a memo/description for a transfer transaction These features make it much easier to peruse ...
by aj76er
Wed May 29, 2019 9:48 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1057
Views: 100225

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Just talked with Health Equity, and they have an account closure form that will close the account, liquidate funds, and send the balance over to another custodian (e.g. Fido). The account closure fee stated in the document is $25. I'm wondering if this is easier than having Fido "pull" the funds. Ha...
by aj76er
Fri May 17, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

As for making payments directly out of my brokerage, to me, that defeats the purpose of the CMA. Among other reasons, I want to isolate my brokerage account from the possibility of a compromised vendor having direct access to my brokerage account. Its easy to open a second brokerage just for cash t...
by aj76er
Thu May 09, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

OK, I've read through this whole thread and think I've got a pretty good idea of what's going on. I plan on opening a CMA, but haven't decided if I want to open a separate brokerage account. The Fidelity CS person I chatted with suggested opening both, but I'm not sure there is a reason that matter...
by aj76er
Tue Apr 30, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

I will just respond to item number one. What you described is exactly what we have at Fidelity. A sweep money market account that right now I think it’s around 1.7% interest, checking comes out of that account, and we get free ATM. Actually, whenever use an ATM account gets charged, and then credit...
by aj76er
Mon Apr 29, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

A word of caution to those who plan to rely on the auto redemption and sweep of money from Fidelity's brokerage to cash account. I used to keep a $0 balance in the cash account and every payment was swept from brokerage. Over the Easter holiday weekend, when banks were open Good Friday but the stoc...
by aj76er
Sun Apr 28, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

A word of caution to those who plan to rely on the auto redemption and sweep of money from Fidelity's brokerage to cash account. I used to keep a $0 balance in the cash account and every payment was swept from brokerage. Over the Easter holiday weekend, when banks were open Good Friday but the stoc...
by aj76er
Mon Apr 22, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

Decided on the following setup for my accounts: 1. Taxable Brokerage #1 nicknamed as "Brokerage". Contains all mutual funds and ETFs. Paycheck is direct deposited to this account. 2. Taxable Brokerage #2 nicknamed as "Savings". Only contains the core MMF (FZFXX). All dividends from #1 (Brokerage) ar...
by aj76er
Mon Apr 15, 2019 12:28 pm
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 11103

Re: seriously thinking about leaving S. CA but where to?

Californians go to Las Vegas, Reno, Phoenix, Tucson, Flagstaff, Salt Lake City, Utah Valley, Austin, Denver, Boise, Portland, Seattle ... [among others]. None are a coastal Mediterranean climate. I live in Oregon, and the income taxes here are actually higher than what they'd be in California (for ...
by aj76er
Fri Apr 12, 2019 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

Wiki entry, please add to it https://www.bogleheads.org/w/index.php?title=Fidelity:_one_stop_shop&welcome=yes From the wiki under the risks section: the CMA and linked investment account can be drained of funds Is this true? I thought that mutual funds (non-MM) and ETFs/Stocks would never be auto-l...
by aj76er
Sun Apr 07, 2019 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

What do yall think of FDLXX for emergency fund? I have this nagging thought in my mind saying “you need FDIC protection, keep using a real bank”, but using fidelity seems so much simpler. I think FDLXX would work for an emergency fund, but there is some tax drag. I like to use I-bonds for this purp...
by aj76er
Tue Apr 02, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1093
Views: 128578

Re: Fidelity as a one stop shop

Just tried setting up my brokerage as a source for automatic overdraft to my cash account, but it is not listed as an "eligible funding account". I couldn't find anywhere to add this account, and then checked the FAQ for the cash manager to find this: "Stock Plan Services (SPS) accounts are not elig...
by aj76er
Fri Mar 29, 2019 4:36 am
Forum: Personal Investments
Topic: Age 62 Selling my home .. investing my money
Replies: 39
Views: 3230

Re: Age 62 Selling my home .. investing my money

1. Open an account with Vanguard 2. Put your $800k in Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). 3. Set up the fund such that dividends are reinvested, and avg cost basis is used for tax reporting. 4. Once per year, withdraw 5% of the total balance of your VTMFX fund and deposit it t...
by aj76er
Tue Mar 19, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 814
Views: 95451

Re: That's enough for me in 2019

Rental properties can be about as stable of an income stream as it gets (apart from SS or a SPIA of course), especially if you have a good number in your portfolio and budget for repairs appropriately. FWIW, I used to think rental property income was stable too, but after a few years of being a lan...
by aj76er
Mon Mar 18, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 89
Views: 13503

Re: What is your one favorite Fidelity Fund??

Due to the capital gains, I would only hold Fido mutual funds in tax sheltered. In taxable accounts I prefer ETFs, and currently hold VTI (Vanguard Total US Market), and IXUS (IShares Total International Market). At Vanguard, Admiral shares have the same capital gains treatment as ETF's so it doesn'...
by aj76er
Mon Mar 18, 2019 4:25 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 814
Views: 95451

Re: That's enough for me in 2019

There shouldn't be anything particularly provocative about this thread; I'm sure there are plenty of investors with portfolios of 100% real-estate and cash. OP - you may want to check out the biggerpockets forum for real-estate focused discussions. I think that the right asset class for a particula...
by aj76er
Mon Mar 18, 2019 3:55 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 814
Views: 95451

Re: That's enough for me in 2019

There shouldn't be anything particularly provocative about this thread; I'm sure there are plenty of investors with portfolios of 100% real-estate and cash. OP - you may want to check out the biggerpockets forum for real-estate focused discussions. I think that the right asset class for a particular...
by aj76er
Fri Mar 15, 2019 2:08 pm
Forum: Personal Investments
Topic: IPS Crafting for Excellent Adventurers
Replies: 14
Views: 1495

Re: IPS Crafting for Excellent Adventurers

Thanks for starting this thread. I have no hard set rules in my IPS yet, but I've been contemplating adding statements similar to the following: 1. Limit of the amount of total principle I can invest in the strategy. 2. Treat the principle invested as a sunk cost. 3. Set an exit point from the strat...
by aj76er
Wed Mar 13, 2019 3:28 pm
Forum: Personal Investments
Topic: Emotions when switching from being long time stock picker over to a more Boglehead approach
Replies: 20
Views: 2155

Re: Emotions when switching from being long time stock picker over to a more Boglehead approach

I'm dodging my job. I think this may part of the problem. Investing doesn't need to be a "job". Your career is a job. Active investing is a zero sum game. As a passive investor, you are simply (1) providing capital for businesses to operate and (2) loaning capital to governments and (possibly) corp...
by aj76er
Tue Mar 12, 2019 3:04 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 89
Views: 13503

Re: What is your one favorite Fidelity Fund??

FXAIX - Fidelity 500 index fund.
by aj76er
Sat Mar 09, 2019 11:36 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 284498

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

I’m pondering doing this in my tax-deferred IRA at Fidelity (don’t have a Roth). Are these ETFs readily available? Is it as simple as selling current assets and buying UPRO/TMF? Any other hoops to go through? At Fidelity, I had to sign a "Designated Investments Agreement" to indicate that I was an ...
by aj76er
Thu Mar 07, 2019 3:25 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 284498

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

However, the way people are TALKING about this strategy in this thread, they sure seem to think they have a sure thing going on here. If it performs well for a few years, I'm curious to see how many of them triple down (pun intended) on this strategy and put a larger percentage of their net worth o...
by aj76er
Mon Mar 04, 2019 10:30 am
Forum: Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 72
Views: 8633

Re: simplifying my financial life -- should i get rid of treasury direct?

What do you do if you, say, sell a car and need to deposit cash? Money order + online deposit. Worth the time and couple bucks in fees for one-time rare events. If you have a capital one 360 account (checking), then you can now use a capital one cafe to deposit cash. They have automated bill counte...