Search found 399 matches

by billthecat
Sun Oct 13, 2019 11:49 pm
Forum: Personal Investments
Topic: I-Bonds vs Total Bond vs Munis
Replies: 4
Views: 789

Re: I-Bonds vs Total Bond vs Munis

One of the major advantages of I Bonds is that they're tax deferred for up to 30 years, so they expand that space while you're in a high tax bracket and have maxxed out your other tax-deferred options. They're also free from state and local taxes and can be used, tax-free, for qualifying educationa...
by billthecat
Thu Oct 10, 2019 8:03 pm
Forum: Personal Investments
Topic: $0 commissions; so what's the best bond ETF? and why?
Replies: 20
Views: 1723

Re: $0 commissions; so what's the best bond ETF? and why?

GoPackGo wrote:
Thu Oct 10, 2019 7:19 pm
DonIce wrote:
Thu Oct 10, 2019 3:55 pm
AGG has intrinsically outperformed BND and SCHZ over the last 8 years by more than the various other factors discussed here

link
And it gets tighter if you change the time period to month-to-month. :D
We need an index of indices!
by billthecat
Sun Oct 06, 2019 1:52 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces investment strategy -- opinions?
Replies: 48
Views: 3985

Re: Michael Kitces investment strategy -- opinions?

Rising equity glide-path makes sense to me. I wouldn't be willing to start retirement at 30/70 however. We're starting at 60/40 and may drift from there. Likewise, I'm at 60/40, but will be at 50/50 upon selling my home (if I put the proceeds into fixed income), which would be the same time as reti...
by billthecat
Sat Oct 05, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Change of Careers after 1st Retirement
Replies: 17
Views: 1690

Re: Change of Careers after 1st Retirement

Invictus002 wrote:
Fri Oct 04, 2019 1:11 pm
Currently I am 36, State IT professional, expecting to retire with state pension (80% of salary) at 55 (if all goes well :D ). I work 4 days a week, which gives me some free time.
I should have had a government job. If only I could do it all over again.
by billthecat
Mon Sep 16, 2019 12:50 pm
Forum: Personal Investments
Topic: Selling Rental Properties. What to do with proceeds? 3 different scenarios
Replies: 17
Views: 1605

Re: Selling Rental Properties. What to do with proceeds? 3 different scenarios

Given the current tax law, you get almost no tax help from the mortgage interest. Pay off your primary residence. It feels very satisfying to have no mortgage, even when it might not be the optimum financial decision. Ralph I deduct 10k for SALT plus another 12k or so for home mortgage, so it seems...
by billthecat
Sun Sep 08, 2019 9:34 pm
Forum: Personal Investments
Topic: How to beat 2% safely?
Replies: 49
Views: 6097

Re: How to beat 2% safely?

If you go the mortgage pay down route, first take out a zero cost HELOC. You really don't care what the interest rate is because you don't plan to ever use it. It's free insurance. If you're too scared to pay down the mortgage, put $50k into a Redneck Bank Megamoney account. You have no hoops to ju...
by billthecat
Mon Sep 02, 2019 9:30 pm
Forum: Personal Consumer Issues
Topic: Not gaining weight on vacation?
Replies: 115
Views: 5605

Re: Not gaining weight on vacation?

I struggle with this too, and my pattern is the same. I think the cause, at least in my case, is a scarcity mentality. The hotel and airport lounge buffets just offer up so much and subconsciously I must be thinking that I should eat now because I may not get another chance. The reality though is th...
by billthecat
Sun Sep 01, 2019 1:02 am
Forum: Investing - Theory, News & General
Topic: Bad time to buy total bond?
Replies: 32
Views: 4609

Re: Bad time to buy total bond?

livesoft wrote:
Sat Aug 31, 2019 8:28 pm
So if it was a bad time to buy total bond, what would you buy instead? That's the real question I think.
Other fixed income where the principal isn’t at risk, such as money market. (Yes, it’s at risk of inflation still...)
by billthecat
Sat Aug 31, 2019 11:53 pm
Forum: Investing - Theory, News & General
Topic: Bad time to buy total bond?
Replies: 32
Views: 4609

Re: Bad time to buy total bond?

I had this dilemma a week ago with proceeds from a house sale. I took a breath and just bought according to my AA which include a significant amount of total bond. I have $2,500 more than a week ago. Just reinforces my belief not to time the market. Of course the market could have done something di...
by billthecat
Sat Aug 31, 2019 6:15 pm
Forum: Investing - Theory, News & General
Topic: Bad time to buy total bond?
Replies: 32
Views: 4609

Bad time to buy total bond?

It seems like bond indexes are at all time highs or so. Is now a bad time to invest in total bond? Interest rates are rising some were saying, so best not to? Or is it interest rates are falling and may even go negative, so best to? Or nobody knows nothing so just stay the course, buying the total b...
by billthecat
Wed Aug 21, 2019 8:43 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 44661

Re: Anyone disenchanted with retirement?

If money is really not a problem, I don't think anyone will hate retirement. Most people are in some kind of uncertain situations, finance, health insurance, etc. For me, I really have an easy teaching job that does not require me to show up every day. But I still like to be in retirement and do no...
by billthecat
Wed Aug 21, 2019 8:31 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 44661

Re: Anyone disenchanted with retirement?

Why am I sharing this with this community? I feel like I might be able to help some folks out there with my story. I'm usually a rather private person (other than here, only a few of my closest friends know what happened to me). But, in the time that I have frequented this forum, I feel that there ...
by billthecat
Wed Aug 21, 2019 8:26 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 44661

Re: Anyone disenchanted with retirement?

I'm in my 7th year of retirement and I love it. I was full of anxiety, depressed and felt like an unappreciated slave for 31 years. Now I feel totally free. Even the boring days are great! I am finally at peace. Advice to the younger... You better enjoy what you do for a living or it's going to be ...
by billthecat
Sat Aug 17, 2019 2:03 pm
Forum: Personal Investments
Topic: Should I break apart "total bond" to put gov't in taxable, corp in tax deferred?
Replies: 7
Views: 729

Re: Should I break apart "total bond" to put gov't in taxable, corp in tax deferred?

I think this recipe gets close to what you want: 50% VGIT (US Treasury) 30% USIG (Corporate) 20% VMBS (Mortgage backed) Thanks. I may have misunderstood how government bonds are taxed though. I guess treasuries are taxable at the federal level but exempt at the state level, while munis are exempt a...
by billthecat
Sat Aug 17, 2019 11:01 am
Forum: Personal Investments
Topic: Should I break apart "total bond" to put gov't in taxable, corp in tax deferred?
Replies: 7
Views: 729

Re: Should I break apart "total bond" to put gov't in taxable, corp in tax deferred?

That's an interesting idea which I will keep in mind for the future. But why not some tax-exempt munis in taxable instead of mere Treasuries? I have tax-exempt munis, but as I continue to add to my bonds, I will soon exceed my desired muni allocation. And, in retirement, I expect to live in a tax-f...
by billthecat
Sat Aug 17, 2019 10:47 am
Forum: Personal Investments
Topic: Should I break apart "total bond" to put gov't in taxable, corp in tax deferred?
Replies: 7
Views: 729

Should I break apart "total bond" to put gov't in taxable, corp in tax deferred?

Right now, my traditional 401K is 100% total bond, and my Roths 401K/IRA/HSA are 100% total stock. The traditional space is not large enough to hold all my bonds, so I also have munis in a taxable account. My bond holdings are growing, and I will soon exceed my desired muni allocation at which point...
by billthecat
Wed Aug 14, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Do you "lock" computers in your home?
Replies: 77
Views: 5434

Re: Do you "lock" computers in your home?

My drives are encrypted, logins are password protected, and the BIOS is password protected (so they can’t boot from another drive, making erasing and reusing a challenge).

Logging in is not a hassle because it automatically unlocks from my Apple Watch.
by billthecat
Sat Aug 10, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Are you a "solo ager?"
Replies: 133
Views: 17896

Re: Are you a "solo ager?"

There are tragic situations. However, there is a lot of marketing of “cognitive decline,” and as we age we’ll find relatives ( some disinterested but others with an agenda), medical professsionals, and financial advisors or would-be advisors seeking to pry control of assets away from the earners of...
by billthecat
Thu Aug 08, 2019 9:07 pm
Forum: Non-US Investing
Topic: so many issues for US expats ... would forming an investing LLC in the US help?
Replies: 35
Views: 2674

Re: so many issues for US expats ... would forming an investing LLC in the US help?

4. Do not do any money transfers to or from your brokers that references your foreign bank. Do those with your bank and then an addition hop to or from the broker. What about money transfer services like Transferwise, OXF, etc.? Is it OK to link those to your brokerage account and foreign account, ...
by billthecat
Thu Aug 01, 2019 8:41 am
Forum: Personal Investments
Topic: If I plan to move out of state in < 2 years, should I stop buying munis?
Replies: 2
Views: 296

If I plan to move out of state in < 2 years, should I stop buying munis?

If intend to retire and move out of my current state (CA) within, say, the next 2 years, should I stop buying CA muni bond index fund and start stocking up on a total bond index fund? If I continue to buy the muni fund, then when I move away I'd have to either sell (and incur capital gains) or keep ...
by billthecat
Wed Jul 31, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Renter Forever?
Replies: 68
Views: 6316

Re: Renter Forever?

I've asked the the question of "traveling extensively while retired," such as having a rented home base in a desirable part of the world so you can explore the areas for 90 days or more and then move around....so basically short term rentals. There is a retired couple who does this (and of course w...
by billthecat
Wed Jul 31, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Renter Forever?
Replies: 68
Views: 6316

Re: Renter Forever?

I've asked the the question of "traveling extensively while retired," such as having a rented home base in a desirable part of the world so you can explore the areas for 90 days or more and then move around....so basically short term rentals. There is a retired couple who does this (and of course w...
by billthecat
Wed Jul 31, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Renter Forever?
Replies: 68
Views: 6316

Re: Renter Forever?

Check out https://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/. I’ve owned for the last 10 years but I prefer the flexibility of renting. Of course, owning has worked out for me but I’m not married and don’t have kids so looking ahead to retirement there’s no reason for me to ...
by billthecat
Sat Jul 27, 2019 10:03 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18881

Re: Laid Off - Want to Retire / Am I OK

Is it safe for me to retire now and live on my investments? Financially it's safe. But talk to your wife first. His wife is really going to make him go find another job? I understand a discussion about quitting, but that ship has sailed. Maybe not, but she could divorce him, possibly leaving us dis...
by billthecat
Tue Jul 09, 2019 10:21 pm
Forum: Personal Consumer Issues
Topic: Retirees, did your level of luxury increase faster than you anticipated?
Replies: 47
Views: 5189

Re: Retirees, did your level of luxury increase faster than you anticipated?

No, luxury level has diminished and not increased. I desire even less. I don't drive a Lexus anymore (not even a beater Lexus), but drive Subaru. I went to Hawaii 4 times before retirement and haven't been since I retired. I slept in a tent for almost 60 days in the past 7 months instead in hotels ...
by billthecat
Tue Jul 09, 2019 10:20 pm
Forum: Personal Consumer Issues
Topic: Retirees, did your level of luxury increase faster than you anticipated?
Replies: 47
Views: 5189

Re: Retirees, did your level of luxury increase faster than you anticipated?

I make 3-4 long (cross-country or transatlantic) round trips a year. I've gotten to the point that premium economy is almost a requirement on any flight over 3 hours. Premium economy seating is what airline seating used to be like "in the old days." But I still consider the cost. A recent trip in e...
by billthecat
Tue Jul 09, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Retirees, did your level of luxury increase faster than you anticipated?
Replies: 47
Views: 5189

Re: Retirees, did your level of luxury increase faster than you anticipated?

Flobes wrote:
Tue Jul 09, 2019 11:34 am
Did yours?
I'm not retired. So, did yours?
by billthecat
Tue Jul 09, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: Retirees, did your level of luxury increase faster than you anticipated?
Replies: 47
Views: 5189

Retirees, did your level of luxury increase faster than you anticipated?

Did you figure economy class is fine, what's the big deal, only to later decide you want more? Did you figure an econo box is fine, what's the big deal, only to later decide you want better? Travel, transportation, housing, food, entertainment, clothing - you retired figuring a certain level. But wh...
by billthecat
Mon Jul 08, 2019 3:21 pm
Forum: Personal Investments
Topic: Responding to a CP2000 Notice
Replies: 58
Views: 5192

Re: Responding to a CP2000 Notice

I faxed it so I would have a confirmation. Obviously that’s a weak piece of evidence but it’s better than nothing and I wasn’t going to go the route of registered mail. The immediate decision I have to make is "To fax or to go the route of registered mail." As I have written before, someone once ha...
by billthecat
Sun Jul 07, 2019 10:08 pm
Forum: Personal Investments
Topic: Responding to a CP2000 Notice
Replies: 58
Views: 5192

Re: Responding to a CP2000 Notice

I got a CP2000 in 2018 for my 2016 return related to an IRA rollover I did where a check was issued to the receiving entity. I faxed my response in and got a reply three months later, accepting the rollover but still claiming I owed interest and penalties, which obviously made no sense. I replied (f...
by billthecat
Wed Jul 03, 2019 1:43 am
Forum: Personal Finance (Not Investing)
Topic: New Landlord Here! Your Top Tips to include in a Lease?
Replies: 52
Views: 4303

Re: New Landlord Here! Your Top Tips to include in a Lease?

camden wrote:
Mon Jul 01, 2019 9:03 am
Kudos to those of you who successfully make it work, but I do not have the personality to deal with it.
Yup, same here. I haven’t yet gotten rid of the final property but I’m no longer a landlord. Thank god.
by billthecat
Mon Jul 01, 2019 9:45 pm
Forum: Personal Investments
Topic: Schwab CFP meeting and feedback
Replies: 30
Views: 3157

Re: Schwab CFP meeting and feedback

4nursebee wrote:
Wed Jun 19, 2019 4:26 pm
We meet with a Fidelity equivalent next week. We will likely decide on going all with one agency.
How was the meeting with Fido and how did it compare to Schwab's feedback?
by billthecat
Sun Jun 30, 2019 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: New Landlord Here! Your Top Tips to include in a Lease?
Replies: 52
Views: 4303

Re: New Landlord Here! Your Top Tips to include in a Lease?

If you have several tenants in one unit, make sure they are responsible jointly and severally. I prefer a late fee that is accrued daily. If you impose a lump sum after certain date, they may then not pay until the end of the month if there is no further consequence for waiting. This is from my lea...
by billthecat
Sun Jun 30, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: New Landlord Here! Your Top Tips to include in a Lease?
Replies: 52
Views: 4303

Re: New Landlord Here! Your Top Tips to include in a Lease?

Satellite dishes . They have a right to install them (within certain limits) but as landlord you can impose restrictions (likewise for the HOA). There's info all over the web about this but see https://www.dish.com/downloads/legal/landlord-permission.pdf. Tampons . No flushing tampons. Fines . Any ...
by billthecat
Thu Jun 27, 2019 6:53 pm
Forum: Personal Investments
Topic: Liability matching VPW plan
Replies: 17
Views: 1638

Re: Liability matching VPW plan

Does this plan seem reasonable? Yes. Should this plan be called VPW? No It's varying the maximum percentage withdrawal from year to year based on the then-current portfolio value but since it's not attempting to deplete it all at some unknown date of death I guess it's not "VPW." But what, really, ...
by billthecat
Thu Jun 27, 2019 2:39 am
Forum: Personal Investments
Topic: Liability matching VPW plan
Replies: 17
Views: 1638

Re: Liability matching VPW plan

Billthecat, A year ago you and AlohaJoe got all up in my face because you guys apparently thought I felt obligated to spend what VPW suggests (which I did not but whatever). And now you're getting all up in my face because I'm considering spending less than what VPW allows? Good grief. In the linke...
by billthecat
Wed Jun 26, 2019 12:36 pm
Forum: Personal Investments
Topic: Liability matching VPW plan
Replies: 17
Views: 1638

Re: Liability matching VPW plan

Given VPW's advice that it's best paired with a fixed income solution (which is excluded for asset allocation purposes) and the info on liability matching , as I approach the point where I could call it quits, I just wanted to get some feedback on where I ultimately intend to land. Any savings beyo...
by billthecat
Wed Jun 26, 2019 4:23 am
Forum: Personal Investments
Topic: Liability matching VPW plan
Replies: 17
Views: 1638

Liability matching VPW plan

Given VPW's advice that it's best paired with a fixed income solution (which is excluded for asset allocation purposes) and the info on liability matching , as I approach the point where I could call it quits, I just wanted to get some feedback on where I ultimately intend to land. Any savings beyon...
by billthecat
Tue Jun 25, 2019 9:49 pm
Forum: Personal Investments
Topic: Vanguard CDs vs bank CDs?
Replies: 13
Views: 1720

Re: Vanguard CDs vs bank CDs?

Here's a link to Vanguard's current "fixed" rates. Vanguard Fixed Rate Chart https://personal.vanguard.com/us/FixedIncomeHome and, for comparison: Fidelity Fixed Rate Chart https://fixedincome.fidelity.com/ftgw/fi/FILanding In general, Brokerage CD's go into the "sweep account" when they mature. Yo...
by billthecat
Thu Jun 06, 2019 9:52 pm
Forum: Investing - Theory, News & General
Topic: Bond index funds at risk due to BBB investment grade corporate bonds?
Replies: 10
Views: 1075

Bond index funds at risk due to BBB investment grade corporate bonds?

The current issue of On Investing from Schwab includes an article cautioning about corporate bonds, and says, in part: We believe U.S. corporate bond yields are poised to move modestly higher throughout 2019 and into 2020—which could continue to pull prices lower and negatively impact total returns ...
by billthecat
Tue Jun 04, 2019 6:01 pm
Forum: Personal Investments
Topic: Sell i-bonds?
Replies: 9
Views: 1255

Re: Sell i-bonds?

I am buying I bonds each year to get the most of the annual limit, but those bonds with low fixed rates (0, .1, .2, etc.) going to be sold eventually for a home down payment. I don't think i bonds are worth buying until November, however .5 fixed is pretty solid imho. I think they are a reasonable ...
by billthecat
Fri May 17, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Treasury Direct ?
Replies: 34
Views: 2090

Re: Anyone use Treasury Direct ?

yES .. I use and love it .. no problems despite often reading here that some are unhappy ... works perfect with my password manager .. easy login .. easy transfers to and from my bank. I'm curious how it works perfect with your password manager? I'm overall pretty satisfied with Treasury Direct, bu...
by billthecat
Fri May 17, 2019 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Treasury Direct ?
Replies: 34
Views: 2090

Re: Anyone use Treasury Direct ?

yES .. I use and love it .. no problems despite often reading here that some are unhappy ... works perfect with my password manager .. easy login .. easy transfers to and from my bank. I'm curious how it works perfect with your password manager? I'm overall pretty satisfied with Treasury Direct, bu...
by billthecat
Wed May 15, 2019 11:33 pm
Forum: Investing - Theory, News & General
Topic: 50x minimum expenses to use VPW?
Replies: 28
Views: 4458

Re: 50x minimum expenses to use VPW?

I don't see a way to make cfiresim tell me how long a VPW portfolio will last. Can you provide a description of how you make it do that? Without bounds, cfiresim shows an ending balance of $22-40K (average of $32k) - i.e. zero effectively. My observation was that when I include an upper bound on sp...
by billthecat
Tue May 14, 2019 2:27 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4361

Re: Selling Series I Bonds

I am considering liquidating my iBonds as they are now over 5 years old. Interest rates show as follows: Jan 2013 - 2.32% Jan 2012 - 2.32% May 2011 - 1.4% I assume the "fixed" rate component is 0% for all these years, correct? So the interest rates I see are "floating" and change every 6 months bas...
by billthecat
Tue May 14, 2019 12:01 am
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4361

Re: Selling Series I Bonds

I am considering liquidating my iBonds as they are now over 5 years old. Interest rates show as follows: Jan 2013 - 2.32% Jan 2012 - 2.32% May 2011 - 1.4% I assume the "fixed" rate component is 0% for all these years, correct? So the interest rates I see are "floating" and change every 6 months bas...
by billthecat
Fri May 10, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Cfiresim.com not fully working at the moment?
Replies: 14
Views: 1059

Re: Cfiresim.com not fully working at the moment?

I was trying to test some asset allocations at www.cfiresim.com but for some reason I only get graphs, and no statistics in numbers. Is there something wrong with the website or am I perhaps doing something wrong? I've tried different browsers with and without adblock. Cfiresim has been abandoned f...
by billthecat
Fri May 10, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Cfiresim.com not fully working at the moment?
Replies: 14
Views: 1059

Re: Cfiresim.com not fully working at the moment?

I was trying to test some asset allocations at www.cfiresim.com but for some reason I only get graphs, and no statistics in numbers. Is there something wrong with the website or am I perhaps doing something wrong? I've tried different browsers with and without adblock. Make sure the start date is t...