Search found 2033 matches

by Da5id
Mon Oct 22, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 137
Views: 11834

Re: Help me understand dividends

Unless you are somehow in control over what investments your ETF or mutual fund makes, then it forces you to lower your ownership of that particular dividend paying stock. It indeed does force it upon you, whether you view it as positive or negative. You can't make up facts to support your position...
by Da5id
Sun Oct 21, 2018 6:36 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 137
Views: 11834

Re: Help me understand dividends

Nobody has brought up that dividends can reduce the risk of owning a particular stock. If shares are owned within a fund, those reinvested dividends get spread across all other stocks in the fund, proportionally, including those of companies that pay no dividends. If owned individually, the owner c...
by Da5id
Sun Oct 21, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 137
Views: 11834

Re: Help me understand dividends

I fail to see how owning more shares doesn't equate to more potential for growth/loss. Perhaps because you are thinking about future gains in dollars per share rather than in percentages. The example quoted in the post you replied to shows this well: extra shares after receiving and reinvesting a d...
by Da5id
Sat Oct 20, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 137
Views: 11834

Re: Help me understand dividends

I'm baffled. Perhaps we aren't communicating. I agree it is exactly the same amount of money either way. The company is distributing money to its shareholders, and the new values of your shares + the cash you get is the same as the old value. However you own more of the company if you reinvest divi...
by Da5id
Sat Oct 20, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 137
Views: 11834

Re: Help me understand dividends

It seems to me that there is an inappropriate concentration of attention on the moment of distribution versus the long-term impact. Yes, admittedly and without contention, the net dollar-value effect of a distribution of dividends at the time of distribution is essentially zero. However, if one can...
by Da5id
Thu Oct 18, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Retired applying for credit cards
Replies: 22
Views: 2016

Re: Retired applying for credit cards

Thanks for the feedback, much appreciated. When I find a card that seems useful I'll give it a whirl. Just was a little confused on the whole "income" thing.
by Da5id
Wed Oct 17, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Retired applying for credit cards
Replies: 22
Views: 2016

Retired applying for credit cards

I was (happily) laid off some months back and am currently in the "could comfortably afford to be retired if I want to" position. I'm enjoying myself and keeping busy, if I get bored/antsy I may go look for work. That said, I haven't applied for any credit cards while without a job. I enjoy playing ...
by Da5id
Fri Oct 12, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5428

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

Call me skeptical, as I am doubtful Fidelity index products will deliver same overall cost / benefit value compared to Vanguard over time. The key aspect here is we have to consider it holistically from all angles possible and not just tiny differences in ER. Time will tell. In either case, we tend...
by Da5id
Wed Oct 10, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Very few junk phone calls in Spain?
Replies: 14
Views: 684

Re: Very few junk phone calls in Spain?

That's not quite it - the difference is that in the rest of the world, one doesn't use any minutes or credit for incoming calls, texts etc., ONLY for outgoing calls. In the US, you use minutes for BOTH incoming and outgoing calls. So it's just an extra cost in the US. I guess. But unlimited talk an...
by Da5id
Wed Oct 10, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: Very few junk phone calls in Spain?
Replies: 14
Views: 684

Re: Very few junk phone calls in Spain?

Most I get are presumably VoIP originated spam with fake caller ids. The faked caller ids make it hard to filter them out. Perhaps different countries have different phone regulation regimes which make it easier or harder for voice-over-ip originated spam to get into the telephone network on which y...
by Da5id
Wed Oct 10, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 38
Views: 3447

Re: anybody sell I Bonds to buy something else?

I'm considering it. I have about 24K of them. As a percentage of portfolio, not particularly relevant. So the inflation protection aspect isn't really all that significant. Feels murky to me whether they are worthwhile, particularly with 0.0% and 0.1% fixed rate. Thinking life might be simpler witho...
by Da5id
Tue Oct 02, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7346

Re: Bonds... Why do people bother with them. ?

( ) Higher returns over the long haul historically ( ) Less volatility Pick one. And if you choose option 1, make sure you can handle bad cases emotionally and (if approaching or in retirement) unfortunate sequence of returns. If all your money is for retirement, and your source of income is secure,...
by Da5id
Sat Sep 29, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Buying I-Bonds
Replies: 11
Views: 1318

Re: Buying I-Bonds

Got to say, this is really small potatoes though for the hassle of dealing with treasury direct. I'm thinking of bagging my ibonds. Consider that your $10000 investment (max per social security number) currently is yielding 2.53%. So that is $253 interest. Not saying that avoiding tax on it may be w...
by Da5id
Fri May 25, 2018 7:45 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2924
Views: 576601

Re: What's Your Credit Card Rewards Strategy?

Note that they are slightly degrading value of Chase Sapphire Reserve. Got an email today listing some new benefits (mostly uninteresting), but also that: 1) No longer get 3% on first $300 of travel (i.e. the reimbursed travel credit spending doesn't get you 3%) 2) No more price protection 3) Priori...
by Da5id
Wed May 23, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2924
Views: 576601

Re: What's Your Credit Card Rewards Strategy?

My credit card rewards strategy does not work. My son's: "Dad, you save money by not spending. " does. My inlaws: "Going broke saving money" is so true. Credit cards rewards is like picking up pennies in front of stream rollers. I learned my lesson with Fidelity 2% cash back card as well with Bank ...
by Da5id
Tue Apr 24, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1553605

Re: U.S. stocks in freefall

The Running of the Bulls Oh yes, they are running . . . . good luck, y gracias por leer ~cfs~ p.s. You just don't want to be out of this market for ONE day !!! Running for the hills maybe? I don't know, being out of the market today seems like a fine idea (not personally out, I'm good with my AA, j...
by Da5id
Tue Apr 24, 2018 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Dividend fund in taxable account during retirement, yea or nay?
Replies: 33
Views: 3232

Re: Dividend fund in taxable account during retirement, yea or nay?

If you were in retirement, had a lump sum to invest in a taxable account (in the US portion of a three fund portfolio) and would only need income equal to the amount of dividends that VHYDX happens to provide, would you invest in VHYDX, invest in VTSMX, invest in both or do something different? I'd...
by Da5id
Mon Apr 23, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 11083

Re: Boglehead Philosophy Open To Change?

md&pharmacist wrote:
Mon Apr 23, 2018 11:58 am
I'm trying to push my 32% annualized returns to 40%
Still not sure if serious. If so, pardon my skepticism but, um, yeah right. Do that for a while and you will indeed own the world.
by Da5id
Mon Apr 23, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 11083

Re: Boglehead Philosophy Open To Change?

Da5id, Of course your right. Secrets are not found in youtube videos. Study yield on cost...it will help you. You avoid inconvenient parts of posts. What is the reason you believe that 85% of stock mutual funds underperform the S&P 500? Is it because you think the hard working/knowledgeable/full ti...
by Da5id
Mon Apr 23, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 11083

Re: Boglehead Philosophy Open To Change?

If you watched the video, Ian was investing in 2007/2008 his buy in created a great yield on cost. This is one of the unspoken secrets to investing... Tip 1: Secrets aren't found in youtube videos. Tip2: if there is an easy/obvious way to beat the market, why do so many mutual/hedge funds fail to d...
by Da5id
Mon Apr 23, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 11083

Re: Boglehead Philosophy Open To Change?

If you reinvest qualified dividends, which are taxed the same as capital gains, is that not tax efficient? As he said, at best you break even. You have identified the break even strategy. I'm being obtuse. Why is that break even? Is the belief that deferring taxes has no value? Or that paying now (...
by Da5id
Mon Apr 23, 2018 9:07 am
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 11083

Re: Boglehead Philosophy Open To Change?

Besides, what you said is what I've been saying all along! Beating the market is not that difficult to do if you just follow the consensus and have a good system in place. I'm looking for ways to make my returns even better but do not want to do it at the expense of giving up diversification. Not s...
by Da5id
Sat Apr 21, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 123
Views: 14256

Re: Divs and Cap Gains are killing me

BTW, the taxes on cap gains and divs are far smaller than the taxes on IRA distributions/withdrawals +1 :sharebeer I think he owns tax inefficient mutual funds. His T. Rowe Price ones are churners that throw off high capital gains distributions and cause wasteful bills. He also has high dividend st...
by Da5id
Wed Apr 18, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 10315

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

I wonder that, given the historical return of the market and you do it correctly, is it possible to assume that you can withdraw from this portfolio permanently, I mean: having the same portfolio balance or even more after 50 years? Sure. A 2.5% SWR historically is perpetual. e.g., https://portfoli...
by Da5id
Wed Apr 18, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 11720

Re: Got hit with a $2800 Medical bill. Can I negotiate?

$5900 is a bank-breaker for most Americans. A person may have delayed the procedure if it meant no food or heat in the winter if the amount was divulged ahead of time. Note that $5900 is his deductible. He hasn't mentioned his out of pocket maximum, which is presumably higher than that. At least in...
by Da5id
Wed Apr 18, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 11720

Re: Got hit with a $2800 Medical bill. Can I negotiate?

I think every healthy person on HDHP should set aside at least the deductible amount in a liquid account because one may not get sick, but accidents could happen. If you HSA eligible HDHP, the HSA is one of the best deals there is out there to park this moneyh. Tax deductible going in (including FI...
by Da5id
Wed Apr 18, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 11720

Re: Got hit with a $2800 Medical bill. Can I negotiate?

For the future OP one of the objectives to the HDHP paradigm of insurance is that because you have a high deductible you are expected to be price sensitive. To contain costs. For MRIs, there is a huge range in cost from academic hospital down to something cheaper like a freestanding imaging facility...
by Da5id
Wed Apr 18, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 11720

Re: Got hit with a $2800 Medical bill. Can I negotiate?

A lot of provider contracts with health insurers don't allow further discounting to people insured. Don't you get an insurance discount? Was it in network? You say a small portion was covered, yet you hadn't reached your deductible. We had to get a CT Scan last year. The bill was $2100 but the insu...
by Da5id
Wed Apr 18, 2018 9:03 am
Forum: Personal Consumer Issues
Topic: landline solutions
Replies: 27
Views: 1926

Re: landline solutions

I ported our landline to Ooma a few years ago now. $5 per month after buying device. Has been very reliable, good voice quality. Of course, lose internet/power, lose phone service.
by Da5id
Wed Apr 18, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 10315

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

FWIW, I fully retired at 53 (DW was 51 and also fully retired) three years ago. Initial targeted annual WD rate was 3.25%, but due to underspend of our budget and strong stock market performance, our WD rate last year was closer to 2.6%. I remain "very confident" that our retirement funds will last...
by Da5id
Wed Apr 18, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: What advantages do a personalized portfolio have over a target date fund, in your opinion?
Replies: 50
Views: 4067

Re: What advantages do a personalized portfolio have over a target date fund, in your opinion?

Also, a response to the learn and manage perspective. I think it is fine to use a TD fund for simplicity and convenience but the idea this relieves a person of gaining the understanding needed to be a good investor is pernicious. Sometimes the best thing that can happen is that a person is forced t...
by Da5id
Wed Apr 18, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 10315

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

FWIW, I fully retired at 53 (DW was 51 and also fully retired) three years ago. Initial targeted annual WD rate was 3.25%, but due to underspend of our budget and strong stock market performance, our WD rate last year was closer to 2.6%. I remain "very confident" that our retirement funds will last...
by Da5id
Tue Apr 17, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 10315

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

If we assume good faith, the correct answer to this OP and many others like him is "go volunteer in a soup kitchen until you get your head straightened out". The question OP asks has nothing to do with his actual problem. Giving unsolicited life coaching advice in response to a financial question i...
by Da5id
Tue Apr 17, 2018 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 10315

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

This. In any sane community the OP here would be roasted for humble bragging. Interestingly, this is one of the reasons I like bogleheads. While things get a bit heated at times, it largely is fairly civil unlike the general smelly cesspool that is the unmoderated internet. Ignore threads you don't...
by Da5id
Tue Apr 17, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 10315

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

The BH standard answer to this type of questions "You need twice the portfolio that you have" Yeah. I also find it amusing that there are so many threads accusing people of bragging when they ask "I have $3M, can I retire?" As if that is such an absurd question, the only reason you might ask it is ...
by Da5id
Tue Apr 17, 2018 9:43 am
Forum: Personal Finance (Not Investing)
Topic: For those that re-invest dividends automatically...
Replies: 15
Views: 2696

Re: For those that re-invest dividends automatically...

Don't count them, as folks say above. Think about it, if you count dividends as "saving" you are saying that if you invested in a high dividend fund you need to save less somehow? It makes no sense.
by Da5id
Tue Apr 17, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversion timing and ACA subsidies
Replies: 11
Views: 1035

Re: Roth conversion timing and ACA subsidies

Consider not waiting until the COBRA runs out before switching to ACA; take a look at switching during the ACA Open Enrollment for coverage effective Jan 1. If you switch mid-year, you'll still be constrained by the ACA cliff for that whole year and won't be able to Roth convert. Save some premium ...
by Da5id
Mon Apr 16, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 10315

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

You could essentially put the $3M in 2.5% (or greater) CDs and do this with zero risk - AND< have the entire $3M left at the end. (Albeit, the $3M will be worth "less" but you can live off cash dividends if $75K is the goal and starting principal is $3M). You have to assume he means $75K real rathe...
by Da5id
Mon Apr 16, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: How do you determine what internet speed you need?
Replies: 32
Views: 1490

Re: How do you determine what internet speed you need?

30 MBit is OK for 3 people. A compressed HD video stream is about 2-3 MBits. Your needs won't be more than a few such. A few comments from someone who went same way you did (internet only). 1) Buy your modem. It pays for itself in a few months. Your provider will have a list of compatible ones (I th...
by Da5id
Mon Apr 16, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 10315

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

My answer is clearly yes.

That said, hopefully you have in the $75K budget a nice cushion for your health care costs growing significantly during the long gap to Medicare (and who knows what the health care landscape, government or otherwise, will be in 25 years anyway).
by Da5id
Mon Apr 16, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: What advantages do a personalized portfolio have over a target date fund, in your opinion?
Replies: 50
Views: 4067

Re: What advantages do a personalized portfolio have over a target date fund, in your opinion?

4) It is the best choice in a 401k filled with worse choices. That is why my wife was 100% in VG 2020 retirement before she retired 3 years ago. It was the closest we could come to our desired AA. 4 fund portfolio now. Sure. That doesn't apply to me, as I have Fidelity institutional index funds in ...
by Da5id
Mon Apr 16, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: What advantages do a personalized portfolio have over a target date fund, in your opinion?
Replies: 50
Views: 4067

Re: What advantages do a personalized portfolio have over a target date fund, in your opinion?

Since you are just buying the same funds in different quantities why not just purchase them individually? Unless of course you can't meet the Admiral share threshold. While I gave my reasons above why I personally don't do it, there are good reasons to purchase target date/balanced funds. 1) helps ...
by Da5id
Mon Apr 16, 2018 8:52 am
Forum: Investing - Help with Personal Investments
Topic: What advantages do a personalized portfolio have over a target date fund, in your opinion?
Replies: 50
Views: 4067

Re: What advantages do a personalized portfolio have over a target date fund, in your opinion?

I think target funds are great. I used to use the LifeStrategy funds. I went with a personalized 3 fund for the following reasons: 1) expense ratio. I have a fair bit invested. The expense difference is noticeable. My ER is about .055% all told. The LifeStrategy funds are about .013% 2) asset alloca...
by Da5id
Fri Apr 13, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 93
Views: 18918

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

It's better to find some means of predictable income for core expenses, and use the investments for variable expenses. Annuities can be used, but at a much later age. This is much better summarized as... No. I personally believe giving actual reasons makes the forum a much better place. You appear ...
by Da5id
Fri Apr 13, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 233
Views: 39317

Re: Ally online savings now at 1.45%

That is the way I choose to define a liability. If you own the house you live in - you have to pay taxes, insurance, and interest. You have to fix the garage door if it breaks. You have to mow the lawn or pay someone to do it. You cannot deduct depreciation. You have to literally put in your own ti...
by Da5id
Fri Apr 13, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 93
Views: 18918

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

Sounds like you should be considering purchasing a simple fixed annuity with some or all of that $4 million. No. Why not? I'm not a huge annuity fan, but among OPs conflicting requirements is a desire for security/safety. An SPIA (or deferred version) would provide an income floor and give him lots...
by Da5id
Wed Apr 11, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 93
Views: 18918

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

I'm wondering if OP will ever appear again. Seems like one of a decent number of first posts that are vaguely like this? OP you there? Is your question answered?

As people said above, some of your points are in conflict. You want safe, crash proof ~8% (real?) return. Hmm.
by Da5id
Wed Apr 11, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Thank You points -> Jet Blue, special offer, take it?
Replies: 5
Views: 615

Re: Citi Thank You points -> Jet Blue, special offer, take it?

This says the conversion to TrueBlue is pretty good deal:

https://thepointsguy.com/2018/03/30-bon ... s-jetblue/

Says it isn't the best you can get with Citi Thank You, but "the best" here in terms of points->$ is probably first class to France or such. Which I'm not doing anyway.
by Da5id
Wed Apr 11, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs TIAA
Replies: 58
Views: 4476

Re: Vanguard vs TIAA

I'm making the change because I'm not happy with my return rate. I already sat on it for 6 months In the wisdom of the the patron saint of these forums, "don't do something, just stand there". I think it applies here. Sounds like you want to go chase return. The general way to do that is to take on...
by Da5id
Wed Apr 11, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs TIAA
Replies: 58
Views: 4476

Re: Vanguard vs TIAA

My balance is a bit over $200,000. So is the $43 per year total a lot? I don't know what it means for the fund to be convenient. I don't know if one 2030 fund is better than the other, hence I compared them and was told that I can't compare them because they are like apples vs oranges so I don't kn...