Search found 204 matches

by billthecat
Sat Jul 07, 2018 4:26 am
Forum: Personal Consumer Issues
Topic: Global Wallet/Organizer
Replies: 4
Views: 438

Re: Global Wallet/Organizer

Fat-Tailed Contagion wrote:
Sat Jul 07, 2018 1:55 am
Hi Guys,

I am in the market for a large wallet/organizer for many credit cards, gift cards, etc.

I was looking at Tumi but was wondering what you suggest?

Thank you!

Fatty
Me too! What about the Big Skinny?
by billthecat
Sun Jul 01, 2018 2:40 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 7550

Re: What % of your equity is int’l?

Why are you asking? The reasons for holding a specific percentage of intl seem less clear to me than the straightforward logic of risk appetite for setting total stock and fixed income percentages in a portfolio . The answers you get here will be all over the place because it is relative to risk to...
by billthecat
Mon Jun 25, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

The .05% was in reference to the 2030 fund. Here is your exact quote: "The 2025 fund is .08, the 2030 fund (which is a different account, and which is smaller, and which has different fund options) is .05." mpnret, you're confused. The quote you cite came from billthecat (the OP) referring to the f...
by billthecat
Sun Jun 24, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

billthecat, My point is this. Those questions and answers are more important than the AA and/or target date funds. If you are satisfied with those answers, any target date funds with AA between 70/30 and 30/70 will work. If not, your AA would not matter anyhow. For my own personal planning: A) I as...
by billthecat
Sun Jun 24, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

billthecat, << The only way to maximize preparation for every unknown would be to work until the day you die. No thanks. >> Yes, that is true. But, there is a middle ground. There is a difference between assuming everything goes well. 1A) Fully employed between now (49) and 67 years old -> 18 years...
by billthecat
Sun Jun 24, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

knpstr wrote:
Sun Jun 24, 2018 3:15 pm
billthecat wrote:
Sun Jun 24, 2018 11:23 am
...
Has anyone here just thrown up their hands in disgust and gone simple, simple, simple?
I'm 100% Total Stock Market. So that is pretty simple, simple, simple.
Yes, yes, yes it is! But maybe that makes sense because of your age, risk tolerance, and other such factors.
by billthecat
Sun Jun 24, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

I've done the modeling on cfiresim, Schwab.com, firecalc, my 401K, and everything says I won't run out of money spending double what I spend today. billthecat, 1) Your modeling is only as good as your assumptions. You are 49 years old now. Are you going to be fully employed until 62/65/67 years old...
by billthecat
Sun Jun 24, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

Billthecat BTW love your handle. Your approach is very reasonable. All those other issues are fine tuning. People can get really wrapped around the axle on fine points here. They are interesting to debate but don't make much difference in the end. ... Does that make sense? Has anyone here just thro...
by billthecat
Sun Jun 24, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

... As to tax efficiency of bonds, yes, conventional wisdom is to have it in your tax advantaged accounts. But WCI goes through how that isn't really the case when you compare tax-adjusted returns. You want your highest tax-adjusted returns in the tax-advantaged accounts. In the end, it depends on ...
by billthecat
Sun Jun 24, 2018 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

I'm tired of the angst around this. I'm certainly not alone with the angst. There's topic after topic covering, Why include international? Why include bonds? Are CDs a good alternative to bonds? Should I invest or pay down debt? DIY? Robo? But the fees or minimum cash! Target date? Do bonds go in t...
by billthecat
Sun Jun 24, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

I'm tired of the angst around this. I'm certainly not alone with the angst. There's topic after topic covering, Why include international? Why include bonds? Are CDs a good alternative to bonds? Should I invest or pay down debt? DIY? Robo? But the fees or minimum cash! Target date? Do bonds go in t...
by billthecat
Sun Jun 24, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

Re: So much angst

At the risk of adding to the angst.... By trying to mix multiple target-date funds to hit a stock allocation of exactly 60%, you are fixating way, way too much on a 1% difference between your desired asset allocation and your portfolio makeup at the moment. A 1% difference is insignificant. Your de...
by billthecat
Sun Jun 24, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 52
Views: 5973

So much angst

I'm tired of the angst around this. I'm certainly not alone with the angst. There's topic after topic covering, Why include international? Why include bonds? Are CDs a good alternative to bonds? Should I invest or pay down debt? DIY? Robo? But the fees or minimum cash! Target date? Do bonds go in ta...
by billthecat
Thu Jun 21, 2018 7:46 pm
Forum: Investing - Theory, News & General
Topic: Are mutual funds safer than ETFs?
Replies: 15
Views: 1744

Re: Are mutual funds safer than ETFs?

Aren’t ETFs more tax efficient?

When I looked at the recommended options in the wiki for three fund portfolios at various brokers, it seemed like the ETFs were more tax efficient.
by billthecat
Sat Jun 16, 2018 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Lost and confused (bonds in taxable or not?)
Replies: 2
Views: 428

Re: Lost and confused (bonds in taxable or not?)

I won’t comment on the bonds (curious others thoughts) but I believe I’ve read that Total US vs. Total Int is a wash. Yes Int has the foreign tax credit, but it also has a larger dividend yield (currently) which offsets with a slight tax-drag. I avoid this debate by being 100% equity but I’m curiou...
by billthecat
Sat Jun 16, 2018 9:58 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4816

Re: Flaw in Logic? CD ladder instead of bond funds

You obviously can't make a big shift into them all at once ($10K/year/person), but if you have a spouse, you could acquire $40K exposure across the next 7 months. Isn't it really $15k/year/person, if you game it right? That is, $10k electronic and $5k paper via a tax refund? And gaming it by withho...
by billthecat
Sat Jun 16, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Lost and confused (bonds in taxable or not?)
Replies: 2
Views: 428

Lost and confused (bonds in taxable or not?)

My head is spinning from reading https://www.whitecoatinvestor.com/asset-location-bonds-go-in-taxable/ https://www.bogleheads.org/forum/viewtopic.php?t=197035 and of course https://www.bogleheads.org/wiki/Tax-efficient_fund_placement https://www.bogleheads.org/wiki/Tax-adjusted_asset_allocation The ...
by billthecat
Sat Jun 16, 2018 3:05 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4816

Re: Flaw in Logic? CD ladder instead of bond funds

see the bigger picture You obviously can't make a big shift into them all at once ($10K/year/person), but if you have a spouse, you could acquire $40K exposure across the next 7 months. Isn't it really $15k/year/person, if you game it right? That is, $10k electronic and $5k paper via a tax refund? ...
by billthecat
Fri Jun 15, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Converting real estate to stocks/bonds: pay off mortgages in the meantime or invest?
Replies: 2
Views: 246

Converting real estate to stocks/bonds: pay off mortgages in the meantime or invest?

I'm in the process of liquidating rental properties, which will happen over the next 12 months. What I'm wondering is whether I should pay off the mortgages in the meantime, or invest in stocks/bonds and continue to hold the loans. My asset allocation for financial assets is 60/40. About $1M. Plus a...
by billthecat
Fri Jun 08, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: SCHB vs. SWTSX
Replies: 8
Views: 1516

Re: SCHB vs. SWTSX

SCHB is the Schwab ETF for US Broad Market and SWTSX is the Schwab mutual fund for US Total Market, so I think the mutual fund has a little more exposure to small caps, but from a market cap perspective I think they're similar. Both have an ER of 0.03%. If held in a Roth, the tax implications of ET...
by billthecat
Wed Jun 06, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 85
Views: 8993

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

Hello, and thx for information. Can you brief explain what's involved in unwinding SIP? Well, you have two choices: you can unwrap the funds, taking them out of your SIP account and moving them to a regular account, or liquidate the funds within SIP and transfer the proceeds to a regular account. T...
by billthecat
Wed Jun 06, 2018 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Why not divide up holdings based on time horizon?
Replies: 10
Views: 1074

Re: Why not divide up holdings based on time horizon?

I'm aware of the analysis at https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds but which do you prefer? Do you do one in the taxable account and the other in the tax-advtanged accounts? I'm thinking ETF in taxable, mutual fund in tax advantaged. I don't have a preference. I don't think it matter...
by billthecat
Tue Jun 05, 2018 8:58 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 85
Views: 8993

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

Hello, and thx for information. Can you brief explain what's involved in unwinding SIP? Well, you have two choices: you can unwrap the funds, taking them out of your SIP account and moving them to a regular account, or liquidate the funds within SIP and transfer the proceeds to a regular account. T...
by billthecat
Sun Jun 03, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 51849

Re: How much money do you want to retire?

AlphaLess wrote:
Sun Jun 03, 2018 6:36 pm
billthecat wrote:
Sun Jun 03, 2018 4:54 pm
$2,742,857.14
Not $2.71828182845904MM?
Or $3.14159265358979323846MM?
student wrote:
Sun Jun 03, 2018 6:48 pm
AlphaLess wrote:
Sun Jun 03, 2018 6:36 pm
billthecat wrote:
Sun Jun 03, 2018 4:54 pm
$2,742,857.14
Not $2.71828182845904MM?
Or $3.14159265358979323846MM?
Or maybe 1.61803398875MM.

Nope
by billthecat
Sun Jun 03, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 12071

Re: To be or not to be complex, that is the question

So...what is the benefit of holding some international stock, instead of all US stock?

Bogle seems to say have zero. Vanguard seems to say have 40% (of stock) in international (up from 20% then 30%).

Edit: this is the benefit
by billthecat
Sun Jun 03, 2018 11:43 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 85
Views: 8993

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

Hello, and thx for information. Can you brief explain what's involved in unwinding SIP? Well, you have two choices: you can unwrap the funds, taking them out of your SIP account and moving them to a regular account, or liquidate the funds within SIP and transfer the proceeds to a regular account. T...
by billthecat
Sat Jun 02, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Picking bonds for my HSA
Replies: 10
Views: 1014

Re: Picking bonds for my HSA

What do you think of Vanguard Treasury Money Market Investor (VUSXX) for Californians? It's fine for a cash holding, if it returns more than the bank-account option. Thus, if you save one year's deductible for likely current-year expenses, that could be in the Treasury fund. However, for longer-ter...
by billthecat
Sat Jun 02, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Spreading Bond Safety to Taxable [Portfolio help]
Replies: 14
Views: 1387

Re: Spreading Bond Safety to Taxable [Portfolio help]

If I keep all my bonds in my 401k for tax efficiency, won't that mean I'm unevenly spreading my risk between tax-advantaged and taxable accounts? Ie: If the market crashes, I lose my ability to pull out any of my money because all my safe investments are locked away in my retirement accounts. If an...
by billthecat
Fri Jun 01, 2018 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: Picking bonds for my HSA
Replies: 10
Views: 1014

Re: Picking bonds for my HSA

Given your handle, I would assume you live in California, which does not recognize HSAs. Any investment in an HSA is taxed in CA unless it is exempt from CA tax. Therefore, it is best to hold Treasury bonds in your HSA, but the only Treasury option you have will cost you much more in expenses than ...
by billthecat
Fri Jun 01, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 85
Views: 8993

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

I use Schwab Intelligent Portfolio for my taxable account, and a target date index fund for my tax-advantaged account. Hello, billthecat - Could you please explain how is the Schwab Int Port better for taxable accounts? Thx, LH Tax loss harvesting. That said, I’m not actually sure how the tax loss ...
by billthecat
Fri Jun 01, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Picking bonds for my HSA
Replies: 10
Views: 1014

Re: Picking bonds for my HSA

Given your handle, I would assume you live in California, which does not recognize HSAs. Any investment in an HSA is taxed in CA unless it is exempt from CA tax. Therefore, it is best to hold Treasury bonds in your HSA, but the only Treasury option you have will cost you much more in expenses than ...
by billthecat
Wed May 30, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Why not divide up holdings based on time horizon?
Replies: 10
Views: 1074

Re: Why not divide up holdings based on time horizon?

mhc wrote:
Wed May 30, 2018 9:32 am
If you have your equity funds in a taxable account and the market tanks, you can Tax Loss Harvest (TLH). TLH is a good thing.
I have a lot of experience with TLH. :oops:
by billthecat
Wed May 30, 2018 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Why not divide up holdings based on time horizon?
Replies: 10
Views: 1074

Re: Why not divide up holdings based on time horizon?

I'm aware of the analysis at https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds but which do you prefer? Do you do one in the taxable account and the other in the tax-advtanged accounts? I'm thinking ETF in taxable, mutual fund in tax advantaged. I don't have a preference. I don't think it matter...
by billthecat
Tue May 29, 2018 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Opening a taxable...any reason for bonds?
Replies: 21
Views: 2449

Re: Opening a taxable...any reason for bonds?

But if stocks tank 40% while your bonds dip 10%, wouldn't you rather draw from the bonds? Sure? Here's a 60/40 portfolio with the losses you mentioned and a $10k withdrawal from bonds only: Tax Stocks: 50k => 30k => 20k IRA Stocks: 10k => 6k => 26k IRA Bonds: 40k => 36k => 26k That still leaves you...
by billthecat
Tue May 29, 2018 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Why not divide up holdings based on time horizon?
Replies: 10
Views: 1074

Re: Why not divide up holdings based on time horizon?

Imagine you had bonds in your taxable and are able to just sell them directly. There is no capital loss for tax purposes. Now imagine you have stocks in taxable and need to do what I outlined. You generate a wash sale but who cares? It just means there is no capital loss for tax purposes...exactly ...
by billthecat
Tue May 29, 2018 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Why not divide up holdings based on time horizon?
Replies: 10
Views: 1074

Re: Why not divide up holdings based on time horizon?

Most people don't do this because there is no point. You can achieve the same effect by selling something in a taxable account and buying an offsetting amount in a tax-deferred account. (And vice versa.) Take an extreme case: My taxable account is 100% stocks and my tax-deferred account is 100% bon...
by billthecat
Tue May 29, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Why not divide up holdings based on time horizon?
Replies: 10
Views: 1074

Why not divide up holdings based on time horizon?

I'm struggling with the tax efficiency guidance which, of course, is detailed at https://www.bogleheads.org/wiki/Tax-efficient_fund_placement. It seems to make perfect sense if you're going to save, and then tap into your funds after 59 1/2, because you can draw from any account without penalty. Of ...
by billthecat
Tue May 29, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Opening a taxable...any reason for bonds?
Replies: 21
Views: 2449

Re: Opening a taxable...any reason for bonds?

Does any of this change if you plan to retire early, and will draw upon the taxable account 10 years before accessing tax-advantaged accounts? No, I don't think so, and I also plan to retire early. I consider all of my accounts as one allocation. If I needed to sell stock funds in my taxable accoun...
by billthecat
Mon May 28, 2018 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Opening a taxable...any reason for bonds?
Replies: 21
Views: 2449

Re: Opening a taxable...any reason for bonds?

None at all. By doing so, you're following the tax-efficient fund placement recommendation almost to a T. No. All your fixed income can fit in 401k. Once you run out of space then see if munis pay more for your bracket. No, as long as you have your bond allocation elsewhere which is more tax effici...
by billthecat
Thu May 24, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: Fear vs. reality. Don't worry. Be happy. [Outliving your retirement savings]
Replies: 41
Views: 4709

Re: Fear vs. reality. Don't worry. Be happy.

Then there those who have four parents due to divorce and remarriage and siblings, all of whom are counting on the one person to pay for everything.
by billthecat
Tue May 22, 2018 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolio
Replies: 18
Views: 1642

Re: Schwab Intelligent Portfolio

So I opened up an account with Schwab Intelligent Portfolio. I'm not sure if I'm liking it so far. I like that there are no fees other than the ETF fees themselves, but even with the most aggressive portfolio, the mandatory cash reserve is 6%. Also, it's diversified in about 20 ETF's. Is that a goo...
by billthecat
Sun May 20, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 114
Views: 12375

Re: done with Gmail

ThriftyPhD wrote:
Sun May 20, 2018 10:57 pm
If your system is crashing (I assume Windows?)...
LOL
by billthecat
Fri May 18, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in HSA Help
Replies: 4
Views: 664

Re: Investing in HSA Help

Is there any logic to investing your HSA in a healthcare fund? Thinking that the returns would approximate the change in healthcare prices?
by billthecat
Wed May 16, 2018 12:09 pm
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 12215

Re: The front page is wondeful

The purpose of the site is to provide an area for discussion of investing and personal finance. I can't see how that purpose would be served by adding needless decoration or annoying animation. Well written. This site is beautiful in content, so that makes it beautiful to the eye. The front page is...
by billthecat
Sun May 13, 2018 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Quest for the perfect online savings bank
Replies: 18
Views: 2404

Re: Quest for the perfect online savings bank

...I should be able to link the account to my brokerage and checking accounts... The simple solution is just keep cash in your brokerage account. Who needs an extra account for a couple of tenths of a percent on a few thousand bucks? 10k? More? No need to keep too much in cash . Prime Money Market ...
by billthecat
Wed May 02, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: How do you know when you have "won the game"?
Replies: 142
Views: 15842

Re: How do you know when you have "won the game"?

You know when confetti falls from the sky and Regis Philbin pops out saying "Congratulations, you're a million-aire!" To give you a more helpful answer, there is no sure thing. I quit my high-paying job at 36 with no kids, and we traveled for a while and I played a lot of golf. Then after taking tw...
by billthecat
Sat Apr 21, 2018 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 95
Views: 22792

Re: Charles Schwab Checking + Brokerage Account

the default overdraft protection is they sell stuff in your brokerage account to cover the check. that won't apply to you. i called customer service and turned overdraft protection off cuz thats just a stupid policy to have. Yes, that's pretty stupid if so. I thought it was actually margin on the s...
by billthecat
Wed Apr 18, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 156
Views: 16624

Re: Trinity Study updated to 2018

A disservice is done every time the Trinity study is equated to a retirement income withdrawal strategy. As the latter, it would have to be the worst method. The thought of setting a withdrawal rate, then never looking again at actual outcome, portfolio balance, inflation, etc. is reckless. What is...
by billthecat
Wed Apr 18, 2018 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Once retired, tools to determine available spend?
Replies: 18
Views: 2067

Re: Once retired, tools to determine available spend?

Have you looked at Optimal Retirement Planner - Extended Parameter Form , or Optimal Retirement Planner - Home and Essential Parameter Form as described in Journal A 3-Step Procedure for Computing Sustainable Retirement Savings Withdrawals ? Thanks - those still look like planning tools ("do I have...