Search found 1214 matches

by welderwannabe
Tue May 26, 2020 1:35 pm
Forum: Personal Investments
Topic: Buy CDs with credit card or debit card?
Replies: 12
Views: 940

Re: Buy CDs with credit card or debit card?

mega317 wrote:
Tue May 26, 2020 9:06 am
My vote would be to load an Amazon gift card if you use Amazon at all.
Exactly what I do with those things.
by welderwannabe
Fri May 01, 2020 10:02 am
Forum: Investing - Theory, News & General
Topic: question re: stock based compensation and buybacks
Replies: 6
Views: 240

Re: question re: stock based compensation and buybacks

To incent executives and employees to care about stock and enterprise value.
by welderwannabe
Fri Apr 24, 2020 3:15 pm
Forum: Personal Investments
Topic: FDIC Insured Core Settlement choice for TD ameritrade
Replies: 12
Views: 531

Re: FDIC Insured Core Settlement choice for TD ameritrade

Recently opened TD Ameritrade brokerage account being a Vanguard client, now struggling with a good money market fund with TD Ameritrade which is an equivalent of VMMXX. I tried purchasing VMMXX on TDA and they are charging a $49.99 fees for a NL Fund. At this point I am wondering if I made the wro...
by welderwannabe
Thu Apr 23, 2020 1:45 pm
Forum: Personal Investments
Topic: VG cut MM rates Apr 20
Replies: 18
Views: 2458

Re: VG cut MM rates Apr 20

Still better than FDLXX Fidelity® Treasury Only Money Market Fund, which is paying the same as my mattress right now, and can only do so because they must be eating their normal fees.
by welderwannabe
Thu Apr 23, 2020 12:57 pm
Forum: Personal Investments
Topic: I'd like to buy 30-year treasury bonds
Replies: 34
Views: 1826

Re: I'd like to buy 30-year treasury bonds

The purchase will be made through Vanguard in mid-May. Some of the bonds will be held in a retirement account and some will be held in a taxable account. How exactly does the bond purchase work? lag between Works fine, and pretty easy. I hold a couple 30 year bonds at Vanguard. Also, savings bonds ...
by welderwannabe
Mon Apr 20, 2020 3:55 pm
Forum: Personal Investments
Topic: Can someone help me to comprehend secondary market CDs?
Replies: 6
Views: 627

Re: Can someone help me to comprehend secondary market CDs?

Also note that FDIC insurance does not cover the premium that you are paying due to the high coupon. All of those CDs are being sold above par. If the bank fails you could take a haircut.
by welderwannabe
Sun Apr 19, 2020 3:14 pm
Forum: Personal Investments
Topic: 2 years from retirement - add to total bond?
Replies: 23
Views: 2402

Re: 2 years from retirement - add to total bond?

77% is a little stock heavy this close to retirement. I'd move several years of anticipated expenses into cash, and then start to DCA the rest into your desired 60/40 portfolio.
by welderwannabe
Sun Apr 19, 2020 11:56 am
Forum: Personal Investments
Topic: How to Implement Treasuries in a Portfolio
Replies: 11
Views: 716

Re: How to Implement Treasuries in a Portfolio

I read this morningstar article* regarding TIPS and it's dissuaded me from my previous thoughts. Now I'm thinking that 75 stocks/20 long treasuries/5 CDs, savings accounts, and short term tips (chase yield on short term government or FDIC insured cash like equivalents) would be best. Long Treasurys...
by welderwannabe
Sun Apr 19, 2020 10:21 am
Forum: Personal Investments
Topic: Best place to put short term $ now?
Replies: 19
Views: 2323

Re: Best place to put short term $ now?

indexfundfan wrote:
Sun Apr 19, 2020 8:28 am
My guess is that this is just the IRS safe harbor rule.
Agreed.

As for where to put the money, maybe look into CDARS.
by welderwannabe
Sun Apr 19, 2020 9:17 am
Forum: Personal Investments
Topic: Any reason to keep Vanguard Federal Money Market Fund?
Replies: 16
Views: 2579

Re: Any reason to keep Vanguard Federal Money Market Fund?

Iowa David wrote:
Sun Apr 19, 2020 9:00 am
Since the online bank is generating nearly 1% greater yield and is FDIC protected, is there a reason why I should keep money in the Vanguard MMF - what am I overlooking?
You're not overlooking anything. Its a solid plan.
by welderwannabe
Sat Apr 18, 2020 5:10 pm
Forum: Personal Consumer Issues
Topic: How to get Liquid Hand Soap? seriously.
Replies: 76
Views: 4245

Re: How to get Liquid Hand Soap? seriously.

Ive been seeing liquid hand soap everywhere. It isn't hard to get in new england.

Dr Bronners also has stock, you can buy from them online. They are out of most of the 1/2 gallon refills, but seem to have plenty of their pump dispensers.

https://shop.drbronner.com/organic-sugar-soaps
by welderwannabe
Fri Apr 17, 2020 5:29 pm
Forum: Personal Investments
Topic: dividend of FUMBX and SPRXX
Replies: 4
Views: 297

Re: dividend of FUMBX and SPRXX

Above poster is Correct
by welderwannabe
Wed Apr 15, 2020 6:06 pm
Forum: Personal Investments
Topic: I need some fidelity bond action! FIBAX or FSITX ?
Replies: 14
Views: 3387

Re: I need some fidelity bond action! FIBAX or FSITX ?

Its just FXNAX and FUAMX now. Same funds with lower expense ratios. When they took the premium/institutional funds with the lower expense ratio and eliminated the minimum investment amount they collapsed the lower tier funds all into FXNAX and FUAMX. One is the bond index fund including treasurys an...
by welderwannabe
Sat Apr 11, 2020 7:09 am
Forum: Personal Investments
Topic: emergency fund vs paying off debt
Replies: 16
Views: 1248

Re: emergency fund vs paying off debt

2 years of expenses is a pretty stout emergency find. I'd work on reducing debt before I had a 2 year emergency fund.
by welderwannabe
Wed Apr 08, 2020 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Boca Rotan, FL city to work and retire !!!
Replies: 30
Views: 3130

Re: Boca Rotan, FL city to work and retire !!!

I spend a lot of time in Southeast florida for work. There is a rule the further you drive up I95 the older the people and places become. Boca looks like it is trapped in the 60s's. I keep expecting to run into Tony Soprano. Miami is a little too young for my tastes, Boca/West Palm too old. Fort Lau...
by welderwannabe
Tue Apr 07, 2020 11:52 am
Forum: Personal Investments
Topic: 2M seeking lowest risk + match inflation, may need to liquidate next year
Replies: 5
Views: 859

Re: 2M seeking lowest risk + match inflation, may need to liquidate next year

Could also hold individual tbills, arguably safer than a Treasury MMF.
by welderwannabe
Sun Apr 05, 2020 9:31 pm
Forum: Personal Investments
Topic: Funding Fidelity solo 401k in person rather than ACH
Replies: 21
Views: 880

Re: Funding Fidelity solo 401k in person rather than ACH

I administer my wife's solo 401k We opened a cash management (checking) account under her name, where she deposits her checks (via the Fidelity app on her phone) We are able to call Fidelity and have them transfer money from that cash management account into her 401k over the phone Just did it last...
by welderwannabe
Sun Apr 05, 2020 9:28 pm
Forum: Personal Investments
Topic: Fed Backing All Money Market Funds
Replies: 17
Views: 1753

Re: Fed Backing All Money Market Funds

Without working capital perfectly good companies are forced out of business, which increases other stresses on the economy, like, for example, unemployment. To me it's clear that's the Fed's primary motivation for structuring the facility as it has. If helping in that situation also helps money mar...
by welderwannabe
Sun Apr 05, 2020 12:50 pm
Forum: Personal Investments
Topic: Fed Backing All Money Market Funds
Replies: 17
Views: 1753

Re: Fed Backing All Money Market Funds

Borrower Eligibility: All U.S. depository institutions, U.S. bank holding companies (parent companies incorporated in the United States or their U.S. broker-dealer subsidiaries), or U.S. branches and agencies of foreign banks are eligible to borrow under the Facility. While some brokerages are owne...
by welderwannabe
Sun Apr 05, 2020 11:58 am
Forum: Personal Investments
Topic: Fed Backing All Money Market Funds
Replies: 17
Views: 1753

Re: Fed Backing All Money Market Funds

iamblessed wrote:
Sun Apr 05, 2020 11:36 am
Does it include the Prime money market?
All Prime money markets, tax-exempt money markets, and single state tax exempt money markets appear to be eligible for the program.
by welderwannabe
Sun Apr 05, 2020 9:41 am
Forum: Personal Investments
Topic: Fed Backing All Money Market Funds
Replies: 17
Views: 1753

Re: Fed Backing All Money Market Funds

You can call it backing or not, but that is effectively what it is. The money market funds have access to get loans from the Feds to handle redemptions instead of being forced to sell the underlying assets in a market which may not be liquid. This is a type of support/backing. Now, if the underlying...
by welderwannabe
Sun Apr 05, 2020 9:12 am
Forum: Personal Investments
Topic: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently
Replies: 112
Views: 11008

Re: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently

1) TLH of TSM and Total International.
2) Moved my cash out of TBills now paying 0% and into FDIC insured CDs and Savings paying 1.5%+
by welderwannabe
Sat Apr 04, 2020 5:03 pm
Forum: Personal Investments
Topic: What is safer a money market in CD's or Repo's?
Replies: 3
Views: 347

Re: What is safer a money market in CD's or Repo's?

I am looking into money markets and wondering if Certificate of Deposits or Repurchase agreements are safer. I'm looking at a couple of funds A: 60% treasury repo / 40% treasury debt B: 37% CD's / 30% repo / 26% commercial paper *C: Straight Bank CD's (If this is a safer option) CDs in a money mark...
by welderwannabe
Sat Apr 04, 2020 11:41 am
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 11888

Re: Safety of Money Market Funds Currently

Did something happen to VMMXX, I don't believe it actually broke a dollar?? Pulled up the webpage and it shows Price- $1.00 but daily market value as of 4/3/2020: $0.9995. I hold the fed money market, which shows a daily market value of $1.0008. https://investor.vanguard.com/mutual-funds/profile/ov...
by welderwannabe
Fri Apr 03, 2020 1:58 pm
Forum: Investing - Theory, News & General
Topic: Another way a crash manifests itself
Replies: 20
Views: 1802

Re: Another way a crash manifests itself

Regarding inflation, the whole world is printing money. Plus with the labor market contracting that is deflationary. Id like to think inflation wont be so bad, for now.
by welderwannabe
Fri Apr 03, 2020 1:50 pm
Forum: Investing - Theory, News & General
Topic: VYFXX NY MM fund risk?
Replies: 3
Views: 179

Re: VYFXX NY MM fund risk?

This fund somehow kicked off 1.5% tax free interest (per year) this month. I dont want to worry about it, but I dont really want to stick this in the bank and get almost nothing. Yup, it won't last. The spreads widened quite a bit during some fixed income panics a couple weeks back, plus the normal...
by welderwannabe
Fri Apr 03, 2020 1:32 pm
Forum: Investing - Theory, News & General
Topic: VYFXX NY MM fund risk?
Replies: 3
Views: 179

Re: VYFXX NY MM fund risk?

No one can tell you exactly what the risk is...but the risk is non zero. Bigger risk than NY defaults are a run on the money market and a lack of liquidity. Remember this fund features redemption gates and fees if redemption demand exceeds the ability of the fund to keep up. My cash is something I d...
by welderwannabe
Thu Apr 02, 2020 4:17 pm
Forum: Personal Investments
Topic: Stable value fund principal risk?
Replies: 3
Views: 348

Re: Stable value fund principal risk?

In some ways, a stable value is not all that different than a money market with significant withdrawal restrictions. The reason they are generally only inside of retirement plans is this reduces the frequency of withdrawals, limiting the risk of them having to sell the underlying assets early at a p...
by welderwannabe
Thu Apr 02, 2020 1:20 pm
Forum: Personal Investments
Topic: Fixed Income allocation question. A CD or BND?
Replies: 11
Views: 735

Re: Fixed Income allocation question. A CD or BND?

Thanks! So right now VBTLX should be a decent investment? Wasn’t sure how the economy impacted it right now. I know it was rough the other week but has been better now. They seem more liquid than a CD too right? Just sell shares and takes a few days to transfer to my bank account right? Like the st...
by welderwannabe
Thu Apr 02, 2020 12:28 pm
Forum: Personal Investments
Topic: Fidelity Treasury Only FDLXX
Replies: 1
Views: 193

Fidelity Treasury Only FDLXX

Sorry if this is a duplicate post, but I searched and couldn't see it.

Looks like Fidelity sees the writing on the wall and have closed FDLXX Treasury Only Money Market to new investors...

https://fundresearch.fidelity.com/mutua ... /31617H300
by welderwannabe
Thu Apr 02, 2020 12:19 pm
Forum: Personal Investments
Topic: Fixed Income allocation question. A CD or BND?
Replies: 11
Views: 735

Re: Fixed Income allocation question. A CD or BND?

Go VBTLX. Intermediate term bonds provide some distinct advantages over CDs. When the economy hits the crapper, and interest rates drop, bond values will go up in general. Although VBTLX has some challenges in that area due to the inclusion of corporates when the credit market locked up a few weeks ...
by welderwannabe
Mon Mar 30, 2020 4:46 pm
Forum: Personal Investments
Topic: Long Term Treasury
Replies: 48
Views: 2278

Re: Long Term Treasury

Correct. I hold 15% LTT. I pair them with short TIPS + cash in a barbell (see sig). 1. They are not a drop in substitute for Total Bond Market 2. They're highly volatile and will get crushed at some point 3. They're best used in high equity portfolios as part of a risk parity MVO/MPT strategy 4. 10...
by welderwannabe
Mon Mar 30, 2020 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Help for Landlords in the Stimulus Bills?
Replies: 198
Views: 13402

Re: Help for Landlords in the Stimulus Bills?

I have seen a lot of people lobbying their state government to suspend rent payments entirely. Im not a fan of that plan, but just keep it in mind if it were to happen. Not sure how it could legally, but that isn't my expertise.
by welderwannabe
Mon Mar 30, 2020 8:25 am
Forum: Personal Finance (Not Investing)
Topic: What is best option for freeing up a lot of cash?
Replies: 30
Views: 1875

Re: What is best option for freeing up a lot of cash?

Do you have any options that don't involve staying in debt, or increasing it?
by welderwannabe
Sun Mar 29, 2020 2:50 pm
Forum: Personal Investments
Topic: 60/40 is dead?
Replies: 25
Views: 3298

Re: 60/40 is dead?

With the 10y below 1%, the traditional 60/40 is probably not returning enough in the future for decent returns. Interest rates will likely remain low. What’s your take and how you adopt your portfolio? I just found this video, found the ideas interesting at least... https://youtu.be/qZvBNgJIPUQ The...
by welderwannabe
Sat Mar 28, 2020 3:57 pm
Forum: Personal Investments
Topic: Negative T-bills
Replies: 39
Views: 2838

Re: Negative T-bills

For a new issue, the interest rate is the same as the yield. For existing bonds, the term "yield" means "yield to maturity", and the yield at issue is often called interest rate. Right now, the yield on some existing bonds is negative. I do not know whether any new issues are yielding negative rate...
by welderwannabe
Sat Mar 28, 2020 9:35 am
Forum: Personal Investments
Topic: Negative T-bills
Replies: 39
Views: 2838

Re: Negative T-bills

One should distinguish between negative interest rates and negative yields. The interest rates are not negative but the yields currently are negative on short-term treasury bills. It is also a pain to sell them at the moment. Maybe I dont understand the math. How are the yields negative on the TBil...
by welderwannabe
Sat Mar 28, 2020 7:21 am
Forum: Personal Investments
Topic: Negative T-bills
Replies: 39
Views: 2838

Re: Negative T-bills

The last two days the 13 week T-bills have had negative rates . Is there any reason I shouldn't cancel my T-bills reinvestment for a 150+ better basis points in a Money Market account that I have? I setup a 13-week ladder a while back... the idea was that the government wouldn't default, and the ra...
by welderwannabe
Wed Mar 25, 2020 7:07 pm
Forum: Personal Investments
Topic: Treasury Market locked up
Replies: 35
Views: 4225

Re: Treasury Market locked up

I am very aware of what is in those funds but I don't have to spend hours on the phone trying to sell a bill. I think Vanguard knows how to do this and has the volume to work with the market makers. Very true, and I agree with you here. The issue I experienced was not there for institutional buyers...
by welderwannabe
Wed Mar 25, 2020 10:54 am
Forum: Personal Investments
Topic: Help Choosing Money Market Funds (Schwab, Fidelity, Vanguard)
Replies: 5
Views: 629

Re: Help Choosing Money Market Funds (Schwab, Fidelity, Vanguard)

I wouldn't roll bills right now unless you can absolutely hold to maturity. Quite a hassle to sell them at the moment. See my below thread on how much time it took me to sell 2 bills in the last week. Was ridiculous. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=309146 I would do FDIC product...
by welderwannabe
Tue Mar 24, 2020 1:13 pm
Forum: Personal Investments
Topic: Treasury Market locked up
Replies: 35
Views: 4225

Re: Treasury Market locked up

All, Bill sold. Took being on hold for 74 minutes before someone at the fixed income desk answered. They said the market is very volatile right now. No automated market makers like usually happens as there is concern, with the volatility, that they could take a hair cut on the deal. Therefore they a...
by welderwannabe
Tue Mar 24, 2020 8:34 am
Forum: Personal Investments
Topic: Switching Positions in Down Market
Replies: 10
Views: 826

Re: Switching Positions in Down Market

I thought I was diversifying at the time based on Dave Ramsey saying have large, mid and small cap and international. Everything was going well like that and yes they are riskier and nothing has changed outlook wise. I been contemplating moving to a 2 or 3 fund portfolio with the VINIX and bonds or...
by welderwannabe
Tue Mar 24, 2020 8:24 am
Forum: Personal Investments
Topic: Thread: It’s your First recession (or not) and you’re staying the course
Replies: 65
Views: 3665

Re: Thread: It’s your First recession (or not) and you’re staying the course

I was just starting my career during the financial crisis. So I do know what it's like for it to be very difficult to find a job. This is the first test with a lot of skin in the game. We have a historically normal AA, but for modern times very conservative. Glad for that. If supply chains collapse...
by welderwannabe
Tue Mar 24, 2020 7:37 am
Forum: Personal Investments
Topic: Rebalance orders still in progress
Replies: 3
Views: 345

Re: Rebalance orders still in progress

Vanguard seems to run their batch jobs in the very early morning. When you wake up it should be done.

Fidelity seems to do theirs late evening. Usually happens before midnight.
by welderwannabe
Tue Mar 24, 2020 6:20 am
Forum: Personal Investments
Topic: Treasury Market locked up
Replies: 35
Views: 4225

Re: Treasury Market locked up

Amazing (and troubling).... any progress? None. Waiting on hold for 45 minutes yesterday for the Fidelity Bond Desk to answer. Gave up as it was getting close to 4PM and I figured even if they gave me a quote I may run out the clock. I'll try again later today. Honestly, im not desperate for the mo...
by welderwannabe
Mon Mar 23, 2020 4:43 pm
Forum: Personal Investments
Topic: 100 percent stock investors: any of you adding bonds now?
Replies: 51
Views: 3392

Re: 100 percent stock investors: any of you adding bonds now?

The forum is littered with posts over the last couple years about not buying bonds because rates were on the rise. Now that yields crashed, the reason is because they are too expensive.

Some people just hate bonds.
by welderwannabe
Mon Mar 23, 2020 2:39 pm
Forum: Personal Investments
Topic: Retain Total Bond Index or find something safer??
Replies: 3
Views: 482

Re: Retain Total Bond Index or find something safer??

I forgot to add to original post from Sunday: I am already retired one year; 66 yo; SS monthly covering all expenses (rent stabilized apt w all utilities included; adult daughter living w me and paying half expenses); have about $100K totally safe w TIAA Guaranteed; abt $200K VG Total Bond (in my t...
by welderwannabe
Mon Mar 23, 2020 1:38 pm
Forum: Personal Investments
Topic: Treasury Market locked up
Replies: 35
Views: 4225

Re: Treasury Market locked up

I have submitted now 2 quote requests to fidelity's bond desk via their online system, but expired with no responses. When I get a chance I will call as well. What quantities? Maybe the activity is so high right now they can't be bothered with small lots. $25K as others said. It is a small lot. Wha...
by welderwannabe
Mon Mar 23, 2020 9:45 am
Forum: Personal Investments
Topic: Treasury Market locked up
Replies: 35
Views: 4225

Re: Treasury Market locked up

Tried to, Bond Desk automated thingy said 45 minutes plus on-hold.

Luckily I dont need the money right now.