Search found 89 matches

by drummerboy
Sat Oct 13, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2922
Views: 574438

Re: What's Your Credit Card Rewards Strategy?

What do the Schwab Amex Gold and Platinum offer that "regular" Amex Gold and Platinum do not offer? Especially the Plat, as that is what we currently have. Do the Authorized User fee/benefits differ? RM Actually, I'd recommend the "normal" Amex Gold (the points back was revised recently) paired wit...
by drummerboy
Sat Oct 13, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2922
Views: 574438

Re: What's Your Credit Card Rewards Strategy?

In the Combo Amex Gold/Schwab Platinum, the Net Annual Fee is: $130 (Schwab credits $100 a yr if assets over $250k, $200 a year if assets over $1m). Basically, for me the Gold card is $30 a year, the Platinum is $100. (and that INCLUDES a $175 fee for the additional card members). I'm not following...
by drummerboy
Sat Oct 13, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2922
Views: 574438

Re: What's Your Credit Card Rewards Strategy?

I'm currently a Chase Sapphire Reserve / Chase Freedom Unlimited User. It's been great. But, I think Amex has changed the game. (Especially if you are a Schwab customer). In the Combo CSR/CFU world, the annual fee is Net: $200 (after the $300 travel credit + $25yr for Global Entry) + ($75 a year for...
by drummerboy
Tue Oct 02, 2018 6:04 am
Forum: Personal Consumer Issues
Topic: Best neighborhoods in Atlanta
Replies: 38
Views: 2345

Re: Best neighborhoods in Atlanta

If you want walkable neighborhoods, definitely stay "ITP" (Inside the Perimeter). Brookhaven and Decatur are two towns with decent school districts. If you truly want walkable, you might want to look at Virginia Highlands. Anything along the eastside of the Beltline trail (Midtown, Inman Park, Virgi...
by drummerboy
Tue Jul 10, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 108
Views: 9345

Re: "Bonds are for Safety" ?

Bogleheads: There are many different kinds of bonds. Some risky. Some safe. YEAR--INFLATION--BOND INDEX 1976-------4.9%--------15.6% 1977-------6.7-----------3.0 1978-------9.0-----------1.4 1979------13.3-----------1.9 1980------12.5-----------2.7 1981-------8.9-----------6.3 1982-------3.8-------...
by drummerboy
Wed Jun 06, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Basic 30-year TIPS vs 30-Year Treasury Bond Question
Replies: 9
Views: 645

Re: Basic 30-year TIPS vs 30-Year Treasury Bond Question

What Shilling really does is (gulp!) buy 30-yr strips which is (making up ballpark numbers here for illustration) something like 75-100% cap gain *assuming* interest rate goes down to 2%. I'm assuming an easy way to implement this would be to own: EDV or ZROZ. Perhaps a fixed income portfolio of: M...
by drummerboy
Wed Jun 06, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Basic 30-year TIPS vs 30-Year Treasury Bond Question
Replies: 9
Views: 645

Re: Basic 30-year TIPS vs 30-Year Treasury Bond Question

I have actually owned 20-year TIPS--nope, didn't wait for maturity, exchanged them all for a TIPS fund in the interest of simplification--and we have a meaningful allocation to series I savings bonds. I would personally not dream of buying a 30-year nominal Treasury. I buy bonds to minimize risk, a...
by drummerboy
Wed Jun 06, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Basic 30-year TIPS vs 30-Year Treasury Bond Question
Replies: 9
Views: 645

Basic 30-year TIPS vs 30-Year Treasury Bond Question

Everytime I think I understand TIPS vs Treasuries, I confuse myself. Just to confirm: Based on the latest Auction results at Treasury Direct. If I were to purchase a 30-year TIPS at that Auction, I would have received a TIPS bond that would mature in 30-years and the Interest Rate would be 1.0%. In ...
by drummerboy
Tue May 01, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds in April/May 2018
Replies: 69
Views: 9883

Re: Series I Bonds in April/May 2018

Are the new I-Bonds rates announced today (May 1st)?

I'm assuming that it will be greater than the last 6 month period. I also noticed their site will be down for maintenance tomorrow morning (the 2nd).

When do they announce new rates?
by drummerboy
Wed Apr 04, 2018 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Who uses Schwab and what are the up and downsides?
Replies: 41
Views: 3584

Re: Who uses Schwab and what are the up and downsides?

Feel confident with Schwab. With that size a portfolio, use a few negotiating skills..... Make sure Schwab provides you with a bunch of free trades (which might be necessary as you rebalance this new portfolio) If you want to use Vanguard Mutual Funds (not just Vanguard ETFs), you should discuss wit...
by drummerboy
Wed Mar 28, 2018 5:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 22608

Re: A lot of heavy hitters this morning

Instead of comparing our wealth.... The beauty of the Bogleheads philosophy is that it is applicable to people at all levels of Net Worth. $3k, $30k, $300k, $30 million.... Doesn't matter. Simplicity of investments. Low fees. Live below your means. Save as much as you can. Don't time the market. Tim...
by drummerboy
Wed Mar 14, 2018 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Missing my Microsoft Money - any equivalents?
Replies: 51
Views: 11236

Re: Missing my Microsoft Money - any equivalents?

Two options on the Mac that have saved my faith in personal finance software: Banktivity 6 - Not that great for tracking investments, but I don't need software for that. I need software to help me itemize expenses, save it locally, and generate reports at tax time to make my filing more organized. T...
by drummerboy
Fri Mar 09, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfoilio to ETF
Replies: 6
Views: 487

Re: Schwab Intelligent Portfoilio to ETF

Plus you could take the funds Schwab suggests and eliminate the cash drag. Make sure you take the "cash" into consideration when considering the overall asset allocation and your risk profile. Yes, cash might be a "drag", but it also lowers volatility of the portfolio. Don't eliminate it and then m...
by drummerboy
Fri Mar 09, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfoilio to ETF
Replies: 6
Views: 487

Re: Schwab Intelligent Portfoilio to ETF

Here's a list of the ETF choices they use for the various asset classes. As you can see, it is a mix of ETFs from Schwab, Vanguard, Powershares, iShares and others. https://image.ibb.co/cxO8Nn/SIP_ETF_List.jpg Would it be "hard" to create this? Not really, just a lot of investments to keep track of....
by drummerboy
Fri Mar 09, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfoilio to ETF
Replies: 6
Views: 487

Re: Schwab Intelligent Portfoilio to ETF

You can slice and dice like crazy and build it yourself. I'm not sure you would see a ton of benefit.

The list of Schwab ETF choices is listed on the Tax Loss Harvesting page: https://intelligent.schwab.com/public/i ... ncing.html
by drummerboy
Fri Mar 09, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Advisory
Replies: 23
Views: 3133

Re: Schwab Intelligent Advisory

The question to ask yourself: Do you have an investment plan you can stick with?

If you do great. Build your investment statement. Stick with it.

If you have no self discipline, then consider something like SIA or SIP.
by drummerboy
Thu Mar 01, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare, Medigap, MA - Budget for Retirement
Replies: 12
Views: 1164

Medicare, Medigap, MA - Budget for Retirement

I'm still 13 years away from Medicare.... But I'm realizing I'm quite lacking in my knowledge of the premiums, coverages, etc. What should I be budgeting for healthcare coverage during retirement? I'll most likely be paying for: Medicare (deducted from Social Security) - $150 a month for a married c...
by drummerboy
Wed Feb 28, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Sell individual stocks to buy index funds?
Replies: 45
Views: 4235

Re: Sell individual stocks to buy index funds?

Follow the advice listed here. Take the capital gains hit now. Sell the shares. Given that you are using Schwab as your brokerage, they have many low-cost index funds you can leverage to start a 3-fund (or 4-fund) portfolio. https://www.bogleheads.org/wiki/Charles_Schwab You can stop worrying about ...
by drummerboy
Fri Feb 16, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Using Schwab for primary checking account
Replies: 26
Views: 3979

Re: Using Schwab for primary checking account

Why the need for the second brokerage account if they won't liquidate investments? There is no charge for a 2nd Brokerage account. You are correct, you could use ONE account. Just know that anything sitting in cash is a potential overdraft target. For me it is cleaner to have a 2nd account. That wa...
by drummerboy
Fri Feb 16, 2018 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 182
Views: 28154

Re: Torn between Vanguard, Fidelity and Schwab

Everyone here needs to separate Vanguard (The Mutual Fund / ETF company) compared to utilizing Vanguard as your brokerage (the custodian of your assets). I'm a happy Schwab customer. I also LOVE many Vanguard mutual funds. I use Schwab as my brokerage. Yes, I utilize some Schwab ETFs for Total Marke...
by drummerboy
Fri Feb 16, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Using Schwab for primary checking account
Replies: 26
Views: 3979

Re: Using Schwab for primary checking account

This should be a non-issue. Setup a 2nd Brokerage account for your "Investments". This will not be linked to your Checking account. The Brokerage Account that is your "overdraft" doesn't have to be sitting in cash. Only cash (e.g. sweep) will be used for overdraft. If Schwab tries to cover an overdr...
by drummerboy
Mon Feb 05, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: TLH question
Replies: 4
Views: 424

Re: TLH question

Yes, TLH will counter-balance any gains you might make when selling funds. Having lower gains will lower your tax liability.
by drummerboy
Mon Jan 29, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: The ''Bulletproof'' Wait and See Portfolio - Anti-Inflation and Minimum Risk
Replies: 52
Views: 7011

Re: The ''Bulletproof'' Wait and See Portfolio - Anti-Inflation and Minimum Risk

Long Term Treasuries had an amazing year in 2017. Everybody assumed last year was going to be the "bad year", but I do believe those poor returns are coming. Instead, you need more of a Permanent Portfolio or Dalio/Robbins option, with 5-Year Treasuries. Your returns will be lower in backtesting (be...
by drummerboy
Mon Jan 29, 2018 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Still working out of greed or fear?
Replies: 46
Views: 5640

Re: Still working out of greed or fear?

Fear of unknowns.... Healthcare Costs. Right now I have a great health plan, access to a great HSA. We are only 52. Too many years to deal with unknown future healthcare cost before Medicare. No affordable options outside of work. Sequence of Returns. The Bull has been fantastic. But, I'd feel bette...
by drummerboy
Sun Jan 21, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: A better Permanent Portfolio?
Replies: 39
Views: 6012

Re: A better Permanent Portfolio?

[restarted thread from 2015. Check posting dates before replying - admin alex] In backtesting, the permanent portfolio looks quite attractive. It "feels" strange (so much gold and cash). BUT, it tests out well. If I use a PP+ a Variable portion.... 40% Stocks (25 US, 15 Ex-US) 20% Cash/Short Term 2...
by drummerboy
Wed Jan 17, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Bond investing for a very long retirement?
Replies: 35
Views: 2954

Re: Bond investing for a very long retirement?

I think the challenge with earlyretirementnow.... They use back-testing to prove all their theories. We are entering a very different time. We have a high-CAPE stock-market. Will it correct? Is this a new normal? Will it crash? Or will we see muted returns for the next decade? Nobody knows. Is the b...
by drummerboy
Fri Jan 12, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: REIT or No REIT
Replies: 98
Views: 15037

Re: REIT or No REIT

Consider Global REITs instead. Domestic funds have too high a concentration in Simon PG and Equinix.

SFREX has raised my curiousty. http://www.morningstar.com/funds/xnas/sfrex/quote.html
by drummerboy
Fri Jan 12, 2018 10:19 pm
Forum: Personal Consumer Issues
Topic: Men's MUST iron dress shirt recommendations
Replies: 49
Views: 5362

Re: Men's MUST iron dress shirt recommendations

I am a believer in Paul Frederick. Great shirts. True to size. Nice fabrics.

Buy when they have a sale.

$35 or so for a shirt that will fit you perfectly with great style.
by drummerboy
Tue Jan 09, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 35206

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

I'm bumping this thread given our new standard deduction and tax rates. For me, it's a pretty good bet that my mortgage interest and property taxes combined won't help me get over the new itemized deduction limit for a married couple. I'm in my early 50s, I could payoff my mortgage with cash (or inv...
by drummerboy
Sat Dec 23, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: Internet speeds
Replies: 37
Views: 2929

Re: Internet speeds

If you can get a Fiber connection to the home, it makes a huge difference. Not so much in raw speed, but in less latency. Also, AT&T Fiber will wave the setup fees if you choose their 1000MB plan (only $10 more a month than 100MB in my geography). You can always scale back to 100MB after you are ple...
by drummerboy
Sat Dec 23, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff in 6 Years - Good Strategy?
Replies: 5
Views: 1229

Mortgage Payoff in 6 Years - Good Strategy?

I've got about $200k left on my mortgage (6 years left until 7yr ARM adjusts). Current Age: 52 My goal is to make Annual Extra-Principal Payments for the next 6 years to have the loan completely paid off before the first ARM adjustment. The ARM provided a good teaser rate (2.75%) so that was what we...
by drummerboy
Fri Dec 22, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Linking Schwab accounts
Replies: 6
Views: 721

Re: Linking Schwab accounts

Is it safe to link your Schwab checking account with your Schwab brokerage account? Worried about someone hacking into checking and then into brokerage account. I have multiple Schwab Brokerage accounts (in addition to Schwab Checking) The Checking Account is linked to the FIRST Brokerage Account (...
by drummerboy
Fri Dec 22, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: Where to retire in Florida?
Replies: 165
Views: 29543

Re: Where to retire in Florida?

Have you considered Delray Beach?

It is fairly walkable, has an artsy vibe, and definitely has some bohemian/younger elements.


I would also consider the Hyde Park area of Tampa. Tampa is young, Hyde Park is walkable, still alive to be with working people.
by drummerboy
Mon Dec 11, 2017 4:22 pm
Forum: Personal Consumer Issues
Topic: New Quad9 DNS Service Makes the Internet Safer and More Private
Replies: 18
Views: 2352

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

Just use OpenDNS. Much more history. Biggest security footprint in the industry. https://www.opendns.com/home-internet-security/ Free service, stops malware callbacks, ad-malware, and blocks adult content. Just change it on your home router and you are done. OpenDNS has been out for over 7 years. Bi...
by drummerboy
Sun Dec 10, 2017 12:17 pm
Forum: Investing - Theory, News & General
Topic: Schwab 25% Cheaper than Vanguard?
Replies: 13
Views: 1877

Re: Schwab 25% Cheaper than Vanguard?

If you are a Vanguard customer (hold your assets at their brokerage), then use Vanguard funds. If you are a Schwab customer (hold your assets at their brokerage), you might want to consider SCHB. You can buy/sell with no commission and the spreads are low. The low ER on the Schwab account is to attr...
by drummerboy
Sun Dec 10, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Easiest company for backdoor Roth
Replies: 8
Views: 748

Re: Easiest company for backdoor Roth

I've done it with Schwab. Very simple. It's basically an on-line transfer between accounts (and they send you all the required forms later in the tax year).
by drummerboy
Thu Nov 02, 2017 5:53 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 289
Views: 50661

Re: Yahoo! Quote Not Working

It's not you....

The software company (IGG) that makes Banktivity sent out a note today regarding Yahoo for quotes. They got shut-off too!

Yahoo shut down the API. I guess this is a new part of the Verizon takeover! :D
by drummerboy
Thu Oct 19, 2017 8:19 pm
Forum: Personal Consumer Issues
Topic: idiot proof router?
Replies: 53
Views: 5492

Re: idiot proof router?

Eero

www.eero.com

Simple, reliable, great coverage, no antennas.

It just works
by drummerboy
Tue Oct 17, 2017 10:27 pm
Forum: Personal Consumer Issues
Topic: WPA2 protocol used by vast majority of wifi connections has been broken
Replies: 112
Views: 13392

Re: WPA2 protocol used by vast majority of wifi connections has been broken

Eero’s update came out today.... hopefully most routers get patched over the coming days.
by drummerboy
Mon Oct 16, 2017 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 25
Views: 6747

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

Thank you for all of the responses.

It is becoming obvious that perhaps a 50/50 mix of TIPS and a CD ladder would be better than a TIPS / LT Treasuries combination.

The yield premium on LT Treasuries can’t justify the duration risk.
by drummerboy
Sun Oct 15, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 25
Views: 6747

Why not CDs instead of Short Term Bonds or TIPS

In my 401k, I maintain some of my "safe" portfolio. This typically consists of taxable bond funds, TIPS funds, etc. This is part of my LP. Larry would of course recommend TIPS or ST Treasuries as part of this allocation. I recognize that TIPS are to protect from "unexpected" inflation. Of course, th...
by drummerboy
Wed Oct 04, 2017 5:27 pm
Forum: Investing - Theory, News & General
Topic: Backtesting some robo-advisers asset allocations
Replies: 107
Views: 11708

Re: Backtesting some robo-advisers asset allocations

SIP still seems incomplete to me, but it has many potential benefits. Pros of SIP: Makes a complex tilted portfolio easy to manage Good Returns when backtested Cash Drag can potentially be a benefit if we are about to enter a bond-bear market. Cash isn't zero, it will earn something. And I believe t...
by drummerboy
Sat Sep 09, 2017 7:04 am
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 9018

Re: Luxury car: perception vs reality

First of all, many luxury cars are not "bought", they are leased. Many people that drive Mercedes, BMW, etc can't afford to buy them, but they fall for the trap that they can afford the monthly payment. When I was in my thirties, I fell for the trap of the latest BMW, Mercedes, Lexus. I know it was ...
by drummerboy
Thu Aug 10, 2017 8:25 am
Forum: Investing - Theory, News & General
Topic: Backtesting some robo-advisers asset allocations
Replies: 107
Views: 11708

Re: Backtesting some robo-advisers asset allocations

People generally backtest their portfolio against their parent's investing world. They would be far better off to test against their grandparent's investing world when it comes to bonds. So is there a potential benefit to Schwab's SIP large cash positions? Protection from bond-bear and a form of em...
by drummerboy
Sun Jun 18, 2017 10:55 am
Forum: Personal Consumer Issues
Topic: Need WIFI repeater or second router Advice
Replies: 45
Views: 4202

Re: Need WIFI repeater or second router Advice

Check out eero.....

Mesh wifi. Flawless and easy to configure. They just came out with version 2 which is faster and less expensive.

https://eero.com/
by drummerboy
Sun May 14, 2017 7:54 am
Forum: Investing - Theory, News & General
Topic: UBS Fund Review: Your Thoughts?
Replies: 19
Views: 2339

Re: UBS Fund Review: Your Thoughts?

Interesting comments about Vanguard vs. Schwab - I'm guessing there is plenty of conversation on this forum about that elsewhere, but what do you mean by "low touch" - I tend to gravitate toward tech, and do like more "controls." I've been leaning toward Vanguard, but have read reviews that seem to...
by drummerboy
Sat May 13, 2017 4:05 pm
Forum: Investing - Theory, News & General
Topic: UBS Fund Review: Your Thoughts?
Replies: 19
Views: 2339

Re: UBS Fund Review: Your Thoughts?

several family members with them and they're offering a reduced rate for legacy accounts, and the advisor comes highly recommended from some people who are really active in their accounts and tend to understand things. Figure it's worth exploring at least. Good that you are doing your homework. But...
by drummerboy
Mon Apr 10, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: withdraw money from previous jobs' 401k
Replies: 5
Views: 558

Re: withdraw money from previous jobs' 401k

Basically, tell him NOT to do it. He'll get killed in taxes. Did he start a new job? Can he roll over his 401k from his previous employer to his new employer? Does his new 401k provide the ability to take out a loan against his 401k? I recognize there are times of financial hardship, but it's better...