Search found 71 matches

by drummerboy
Fri Feb 16, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Using Schwab for primary checking account
Replies: 26
Views: 2933

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: 127
Views: 8893

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: 2933

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: 346

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: 49
Views: 5246

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: 4937

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: 5379

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: 2608

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: 10195

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: 4110

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: 126
Views: 21119

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: 2499

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: 1131

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: 458

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: 28218

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: 1954

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: 1538

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: 585

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: 273
Views: 36393

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: 4665

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: 11953

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: 4612

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: 4612

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: 9589

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: 7708

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: 9589

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: 3559

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: 1807

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: 1807

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: 482

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...
by drummerboy
Thu Apr 06, 2017 6:11 am
Forum: Investing - Theory, News & General
Topic: Larry-ish Portfolio, But Easier To Implement. Thoughts?
Replies: 58
Views: 6538

Re: Larry-ish Portfolio, But Easier To Implement. Thoughts?

Drummerboy, I've got several possible ideas for you beyond the SMA, one slightly offbeat, one a bit exotic, one a bit out of left field, and the last bordering on bathing in nuclear waste in terms of risk if you don't know EXACTLY what you're doing. I speak from experience with the vast majority in...
by drummerboy
Wed Apr 05, 2017 8:41 pm
Forum: Investing - Theory, News & General
Topic: Larry-ish Portfolio, But Easier To Implement. Thoughts?
Replies: 58
Views: 6538

Re: Larry-ish Portfolio, But Easier To Implement. Thoughts?

I've been adjusting my portfolio to be more of a LP (SCV, EMV) with a BIG bonds portion. But, most of my assets are in Taxable. My IRA balances are relatively small. I can put my TIPS allocation in my IRA, but that still leaves a significant portion in Taxable for bonds. My plan is to use Limited-Te...
by drummerboy
Tue Apr 04, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Best Online Banking for Youngster
Replies: 19
Views: 1922

Re: Best Online Banking for Youngster

An Ally Bank checking account satisfies your criteria. The free ATM withdrawals are only at specific ATMs but the network is pretty broad plus they will refund you up to $10 of ATM fees incurred outside of this network per month. You'll also get free checks to boot. The phone app is smooth and easy...
by drummerboy
Thu Mar 23, 2017 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting - Alternative List
Replies: 7
Views: 801

Tax Loss Harvesting - Alternative List

Disclaimer: I utilize Schwab as my brokerage provider. But, I utilize funds from Vanguard and others as investments If I'm looking to setup a Tax Loss Harvesting plan. What would be considered reliable "alternatives"? In other words for example, if I'm selling Total Stock Market (VTI) for a loss, c...
by drummerboy
Tue Mar 14, 2017 3:31 pm
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 10078

Re: Why don't things "feel" bubbly?

And I remember 2008. Nobody felt bubilicious about stocks. Real estate on the other hand.... Exactly.... Inflated Asset classes are bubbles. It was the Tech Stocks in 2000, the Housing Market in 2008. Stocks don't have to be inflated to kill the stock market. Something in the global economy has to ...
by drummerboy
Wed Mar 08, 2017 5:29 pm
Forum: Personal Consumer Issues
Topic: Google wifi is awesome
Replies: 67
Views: 13890

Re: Google wifi is awesome

Have to make another plug for the product that got this started....

eero

Super Simple Wifi! Multiple points around my home, works perfectly. Insanely simple to setup and administer. Single SSID namespace, easy to access advanced features. No "Techno-babble".

https://eero.com/
by drummerboy
Tue Mar 07, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Schwab 3-fund vs Target Date vs Intelligent Portfolio
Replies: 21
Views: 5471

Re: Schwab 3-fund vs Target Date vs Intelligent Portfolio

All are potentially good choices.

My only question is Tax Efficiency. You may want to consider the Schwab Index ETFs instead of Mutual Funds for your taxable account.

SCHB (vs SWTSX) won't hit you with Short and Long Term Capital Gains. The International one (SWISX) looks OK.
by drummerboy
Sun Mar 05, 2017 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Newbie w/ $2.8M
Replies: 58
Views: 7207

Re: Portfolio Review: Newbie w/ $2.8M

Who is this Swedroe and Bernstein? Are there specific books or concepts of theirs that you suggest I read? William Bernstein. (Common Sense, practical approach) Link to Amazon: https://www.amazon.com/gp/product/B0041842TW/ref=kinw_myk_ro_title Larry Swedroe. (Provides insight of how Bonds help a po...
by drummerboy
Fri Mar 03, 2017 6:36 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Newbie w/ $2.8M
Replies: 58
Views: 7207

Re: Portfolio Review: Newbie w/ $2.8M

• How much did the market fall in 2008? I think 30%? If my total assets fell by 40%, I'd probably feel shitty — same as everyone else. But at 35, time is on my side (fingers crossed) to weather those crashes. Isn't that the mindset for most young investors? …So the question that I've been contempla...
by drummerboy
Thu Mar 02, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Newbie w/ $2.8M
Replies: 58
Views: 7207

Re: Portfolio Review: Newbie w/ $2.8M

Here are the rules for SIPC. Being at two different brokerage houses won't increase your limits. http://www.sipc.org/for-investors/investors-with-multiple-accounts Basically, it combines your assets. Yes, your IRA / Roth, are all considered separate. So, don't be too paranoid. You'll lose more from ...
by drummerboy
Thu Mar 02, 2017 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Newbie w/ $2.8M
Replies: 58
Views: 7207

Re: Portfolio Review: Newbie w/ $2.8M

One other thing.... Will this windfall all be in TAXABLE accounts? I'm assuming yes. In that case, consider tax-efficiency. Index funds help, also consider the bond portion. Bond funds are NOT tax efficient (except municipal tax-exempt funds), so when they are in taxable you are going to be generati...
by drummerboy
Thu Mar 02, 2017 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Newbie w/ $2.8M
Replies: 58
Views: 7207

Re: Portfolio Review: Newbie w/ $2.8M

A couple of things: Should you have more than 10% in Bonds? My feeling is YES. The markets are great now. BUT, how would it feel if that windfall dropped by 40%? I'm not saying it's going to happen (none of us can predict the future), but what if you could have a larger bond ratio to minimize that d...
by drummerboy
Fri Feb 17, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Edward Jones
Replies: 9
Views: 1398

Re: Leaving Edward Jones

It seems Vanguard, Fidelity, and Schwab are the way to go. All are good choices. You won't miss EJ. I left UBS last year after many years. I can't believe it took me so long. As far as "who to choose"? Vanguard, Schwab, or Fidelity? Personal Preference. All 3 have great advantages as a holder of yo...
by drummerboy
Fri Feb 17, 2017 5:05 pm
Forum: Personal Consumer Issues
Topic: Induction cooktop impressions?
Replies: 32
Views: 2908

Re: Induction cooktop impressions?

We had a GE Induction Cooktop for the past 5 years. It was fantastic! (You just need to use magnetic stainless steel pans or cast iron). We recently moved into a new home, gas range. I miss induction. Easier cleanup. Faster time to boil water. No worries about natural gas "mishaps" (CO poisioning, a...
by drummerboy
Sat Feb 11, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 89
Views: 12422

Re: Charles Schwab Experiences?

At what point does Schwab consider your portfolio "sizeable"? And can you expound on the extra personalized service? I have both Schwab and Vanguard and have been considering consolidating with Schwab. We transferred from Schwab from UBS. (would fall into the Vanguard Flagship asset amounts) We wen...
by drummerboy
Fri Feb 10, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 89
Views: 12422

Re: Charles Schwab Experiences?

Very happy with Schwab. Great customer service. Once your portfolio becomes sizeable, you will enjoy even more personalized service (without any sales pitches). A couple of great things about Schwab: Their Research Tools are fantastic. Well organized website. Low cost trading fees (ETF and stock tra...
by drummerboy
Tue Feb 07, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Wow, Vanguard Flagship service is bad. Really bad.
Replies: 170
Views: 30330

Re: Wow, Vanguard Flagship service is bad. Really bad.

And on a side note, is it possible to switch all my non-retirement investments to Fidelity without incurring capital gains tax hit? I know retirement accounts get around this, but was not sure about regular investments. I cannot afford the tax hit if I had to move all my funds to Fidelity and had t...
by drummerboy
Tue Feb 07, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Suggestions For 3 or 4 Schwab ETF Portfolio
Replies: 10
Views: 1632

Re: Allocation Suggestions For 3 or 4 Schwab ETF Portfolio

I'm a Schwab customer too. Before their latest news, I'd consider their ETFs as the only way to go (low ER, better tax efficiency). They have great news starting March 1st. http://www.schwab.com/public/schwab/nn/m/lowercosts.html Mutual Funds might be the easier way to implement your plan now (Easie...