Search found 692 matches

by welderwannabe
Wed Aug 15, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: For i401k, Vanguard does not allow investment into Admiral Shares
Replies: 18
Views: 866

Re: For i401k, Vanguard does not allow investment into Admiral Shares

As a current i401(k) and Roth i401(k) account holder at Vanguard holding most of my entire portfolio in those two accounts, I too am tempted to move them elsewhere due to the fact that Admiral shares are not available. Ever since opening the account, I have felt shortchanged due to the seemingly un...
by welderwannabe
Sun Aug 12, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: 3 funds now, or start off with 2?
Replies: 17
Views: 1080

Re: 3 funds now, or start off with 2?

Hypothetical: you are convinced of the wisdom of the 3 fund portfolio. You have $20k in a Roth IRA to invest. (You also have no debt and 4 months' expenses saved in cash, and a small 401k from your part time job that maxes out around $1500/yr, invested in a target date fund-- you've been there 2 ye...
by welderwannabe
Sun Aug 12, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 107
Views: 6450

Re: [New Vanguard website layout starting Saturday, August 11]

Im not a fan of the new site. I understand it is easier to browse via mobile device, but since Vanguard already has an app, why the need to change the traditional web interface? All I do now is scroll, scroll, scroll to see my data. Whatever, its all cyclical. A few years from now everyone will chan...
by welderwannabe
Sun Aug 12, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Stable Income vs Bond Fund
Replies: 8
Views: 949

Re: Stable Income vs Bond Fund

HEDGEFUNDIE wrote:
Sat Aug 11, 2018 6:45 pm
My Stable Value fund "guarantees" 3%. As interest rates rise, the returns on Stable Value funds should eventually rise beyond their guaranteed levels, right?
In theory, yes.
by welderwannabe
Sat Aug 11, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Diversification with cash held in vanguard money market
Replies: 23
Views: 2469

Re: Diversification with cash held in vanguard money market

Absolutely. I manage (part time) an organization with quite a lot (about $2 Million currently) of investments -mostly FDIC insured CDs with Vanguard. We had $100,000 CD in Indymac when it was closed down and got the full $100,000 back from the FDIC. Then, when the FDIC limit was $250,000 - we held ...
by welderwannabe
Sat Aug 11, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Income vs Bond Fund
Replies: 8
Views: 949

Re: Stable Income vs Bond Fund

Is it a 2.0% or a 2.35%? It might be a guaranteed minimum of 2.0% but currently paying 2.35%? My stable value is 2.0% right now. In my megacorp 401k I keep 50% of my bond allocation in it, and the other 50% in a bond fund. Stable values tend to be a little opaque and I just don't want all my eggs in...
by welderwannabe
Sat Aug 11, 2018 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Cash for Down-payment
Replies: 3
Views: 415

Re: Cash for Down-payment

Quick question. Currently saving up for down payment for house in 1-2 years. Have about $75k saved in ally at 1.8%. Would you consider moving the money to us t-bills for 2.3-2.5% for 36/52 weekz? Vanguard mm? Ally CD? Obviously, just a few more points, but just wanted to hear other people's opinion...
by welderwannabe
Sat Aug 11, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Diversification with cash held in vanguard money market
Replies: 23
Views: 2469

Re: Diversification with cash held in vanguard money market

My experience is that FDIC insurance will cover your principle. If you have a CD with a guaranteed rate, the FDIC will not continue to pay the interest on the CD. The interest stops the day of the bank failure, even though it might take weeks/months to recover your assets. Doesn't mean much now, bu...
by welderwannabe
Sat Aug 11, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: ESOP payout
Replies: 6
Views: 395

Re: ESOP payout

Prime Money Market has a higher yield. With no state tax, there is zero reason to pick Federal Money Market. Since Federal MM invests solely in GSEs and treasuries, and is not subject to redemption fees or gates, I would say it has slightly less risk than prime, so there are certainly reasons one m...
by welderwannabe
Sat Aug 11, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Diversification with cash held in vanguard money market
Replies: 23
Views: 2469

Re: Diversification with cash held in vanguard money market

That is good to know. Do you know if FDIC refunds all your money when one of the banks it insured goes bust? Up to the limits of the insurance they do. The insurance limits vary depending on whether it is a joint account etc. You can use the FDIC's insurance estimator called EDIE to calculate it ou...
by welderwannabe
Sat Aug 11, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for a bear market
Replies: 43
Views: 4967

Re: Preparing for a bear market

Buy Treasuries if you don't want the risk of corporate debt. +1 If you are worried about credit risk for corporates (and I believe guys like Larry Swedroe agree with you) use: Maybe use Vanguard Intermediate-Term Treasury Index Fund Admiral Shares VSIGX. For your short term Vanguard Short-Term Inve...
by welderwannabe
Sat Aug 11, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Diversification with cash held in vanguard money market
Replies: 23
Views: 2469

Re: Diversification with cash held in vanguard money market

For myself, Money Market Funds do not have FDIC Insurance. Given that, it may not be a wise choice as with FDIC Bank Accounts. I hear a lot about FDIC insurance but has it ever happened. That is an FDIC insured account bank goes bankrupt and FDIC refunded the account holder? It has. It isn't that u...
by welderwannabe
Sat Aug 11, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 7901

Re: The Bigger Story: Fidelity Expense Ratios

I hope this move by Fidelity will actually allow me to move to Vanguard. If Vanguard responds by dropping share classes, I could move my solo 401k to Vanguard. As it stands now, Vanguard’s total US stock index within the i401k is nearly 10 times the cost of Fidelity’s. 14bp vs 1.5. Vanguard is cert...
by welderwannabe
Sat Aug 11, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 229
Views: 18483

Re: "Don't Obsess About Expense Ratios"

0.14% of $3K is $4. 0.14% of $10K is $14. My time is worth more than that. And I've seen 401k plans with ER's greater than 2%, so 0.14% is great. Once the cost is below 0.1%, it's all in the noise. At that point, just pick your provider based on how well you like them - customer service, web site, ...
by welderwannabe
Fri Aug 10, 2018 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Would you pay this mortgage off?
Replies: 51
Views: 4058

Re: Would you pay this mortgage off?

smitcat wrote:
Fri Aug 10, 2018 8:04 am
That is not accurate - there is no direct relationship between paying off a mortgage early and the ability to handle money.
Apparently my sarcasm was not adequately communicated.
by welderwannabe
Fri Aug 10, 2018 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Would you pay this mortgage off?
Replies: 51
Views: 4058

Re: Would you pay this mortgage off?

And like much of DR advice totally wrong.😁 Care to tell me anyone that is giving out 3% mortgages like they were 5 years ago? DR advice is tailored for people that have a proven inability to handle money. You should decide if you fit in that group before deciding to follow it or not. Got it. People...
by welderwannabe
Thu Aug 09, 2018 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Would you pay this mortgage off?
Replies: 51
Views: 4058

Re: Would you pay this mortgage off?

Perfect. Debt is a ball and chain when it comes to wealth creation :mrgreen: :mrgreen: I'd pay it off too. I think a lot of recency bias around here. Market looks great and the housing market is roaring. Keeping a mortgage and investing looks like a no brainer. Any money past maxxing out tax deferr...
by welderwannabe
Wed Aug 08, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Let's talk Bonds: BND, VCIT, BIV, LQD, SLQD?
Replies: 15
Views: 1682

Re: Let's talk Bonds: BND, VCIT, BIV, LQD, SLQD?

I hold an intermediate term treasury fund.

I also hold LQD, which is an intermediate term corporate fund. Some would suggest replacing LQD with SLQD, but I just kept it intermediate term all the way.
by welderwannabe
Tue Aug 07, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage instead of contributing to 401k?
Replies: 61
Views: 3836

Re: Pay off mortgage instead of contributing to 401k?

Earl Lemongrab wrote:
Mon Aug 06, 2018 8:04 pm
I, on the other hand, had no feelings about debt other than it was a tool to use to build wealth.
We agree on one part. It is a tool to build wealth.

Where we disagree is that I feel its a tool to build wealth for the lenders.
by welderwannabe
Mon Aug 06, 2018 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage instead of contributing to 401k?
Replies: 61
Views: 3836

Re: Pay off mortgage instead of contributing to 401k?

E_Zwicky wrote:
Mon Aug 06, 2018 1:39 pm
1) Yes I would be foregoing the employer match
I love being debt free and will never get another mortgage. Its the best feeling in the world.

However, I would not pass on a match in order to pay the mortgage off quicker.

Max out retirement and throw any extra at the house.
by welderwannabe
Mon Aug 06, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: 401k administrative fees
Replies: 19
Views: 1085

Re: 401k administrative fees

JohnnyRedBeard wrote:
Mon Aug 06, 2018 5:31 pm
For a balance of $36,100 on 7/6/18 I was charged $54 and some change for the quarter. Doesn't quite match up but its close when I do the math.
Its probably charged on the average daily balance during the quarter, and not the ending balance at the end of the quarter.
by welderwannabe
Mon Aug 06, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11257

Re: Treasury Bonds are the Only Bonds You Need

Practical question. Currently, I invest $1k in TBM per month using Vanguard automatic investment. How do I auto-invest $1k per month in Treasury? Just invest $1k into Vanguard Intermediate-Term Treasury Index Fund Admiral Shares (VSIGX). This fund has a $10K minimum though, so you would need to sta...
by welderwannabe
Mon Aug 06, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11257

Re: Treasury Bonds are the Only Bonds You Need

Grt2bOutdoors wrote:
Tue Jul 31, 2018 8:01 pm
401k doesn’t offer Treasury only, total bond market index is next best choice. The other bond funds are too expensive and corporate credit only.
BND is around 65% Treasury/GSE anyways, so it is almost a Treasury fund anyways! :)
by welderwannabe
Mon Aug 06, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: fidelity zero index - no accum gains - advantage?
Replies: 26
Views: 2483

Re: fidelity zero index - no accum gains - advantage?

Personally, I wouldn't pick a brokerage over the difference between the .04% for VTSAX and .00% for the new Fidelity fund. On a $100K balance that is a difference of $40 a year. I am a huge Fidelity fan and use them for all my tax advantaged accounts, but this $40/yr doesn't mean a hill of beans dif...
by welderwannabe
Tue Jul 31, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27227

Re: Vanguard Municipal Money Market VMSXX 1.39%

Yah, VMSXX is awful right now. Just awful. Even this lazy guy moved some money out of it into Prime. Finally. Yes, but the gap has closed in the past few days, just a bit. Is this the start of a big upturn? This local minimum in muni yields occurred earlier (relative to the most recent peak) than i...
by welderwannabe
Sun Jul 29, 2018 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Lifestrategy moderate growth - 12% bracket ok?
Replies: 9
Views: 1060

Re: Lifestrategy moderate growth - 12% bracket ok?

In the 12% bracket I wouldn't worry about it. Do whatever is easiest for you.

As you age and your income and bracket goes up, you may want to get more creative in taxable by looking at municipal bonds, and putting stocks in taxable and bonds in tax deferred. Right now don't sweat it.
by welderwannabe
Sun Jul 29, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: VG Prime MM on online account
Replies: 10
Views: 1476

Re: VG Prime MM on online account

on vanguard.com if you go to balances and holdings, default tab is current balances, if you go to balances by date tab you will see the accrued (unpaid) dividends for your money market account. Just want to reiterate the quoted post. If you to 'balances by date' you can see the up to the day value ...
by welderwannabe
Sun Jul 29, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6268

Re: Retirees: how much cash?

Yes, I was really selling stock in that market. I wouldn't have written it if I had not. In the first 5 years after I retired in 1998 I sold most of our taxable accounts, most of which for expenses, to go along with SS and just before RMDs. That was my plan to reduce taxes in retirement to sell off...
by welderwannabe
Sun Jul 29, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: $3k investment Vanguard funds Roth IRA which one of these should I start with
Replies: 21
Views: 2169

Re: $3k investment Vanguard funds Roth IRA which one of these should I start with

When investing should I wait until I max out $5500 then invest the $3k? Or invest and continue funding the account. I would get the money into the Roth as soon as possible. As soon as the money is in there, the tax clock stops. Even if you don't have enough to buy a fund yet, you are better off wit...
by welderwannabe
Fri Jul 27, 2018 9:08 am
Forum: Local Chapters and Bogleheads Community
Topic: RIP investor
Replies: 22
Views: 4054

Re: RIP investor

Thanks for sharing, and sorry to hear about that.
by welderwannabe
Thu Jul 26, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27227

Re: Vanguard Municipal Money Market VMSXX 1.39%

I'm going to make a prediction that the next spike in VMSXX yields will be very large. I'm simply assuming that there is going to be re-pricing trigger of some sort soon and yields will have to rise to keep up with demand. I have no actual additional knowledge or understanding with which to back up...
by welderwannabe
Thu Jul 26, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27227

Re: Vanguard Municipal Money Market VMSXX 1.39%

Here is an updated chart with data through 7-24-18. The SEC yield on the taxable money market funds has continued to rise slightly as the yield on VMSXX has continued to fall. https://s22.postimg.cc/ho1vpsizl/VMSXX_Update.png Yah, VMSXX is awful right now. Just awful. Even this lazy guy moved some ...
by welderwannabe
Wed Jul 25, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed Rate Account for Bond Allocation in 403b
Replies: 4
Views: 217

Re: Fixed Rate Account for Bond Allocation in 403b

Would it make sense to move our bond allocation entirely to this fixed rate account? Fees are listed as zero, but I think I'd need to dig deeper to confirm that. Sounds similar to a stable value. I do 50/50 bond/stable value but my stable value only pays 2%. 3.25% is a good deal, especially in the ...
by welderwannabe
Wed Jul 25, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: 200k in savings....too much
Replies: 31
Views: 2505

Re: 200k in savings....too much

Hi all! New here but have been reading a lot. I've been asleep at the wheel and now I need to start thinking about the future more proactively :oops: Being a little too hard on yourself. While $200K in cash may not be the best investment plan, its hard to say you have been asleep at the wheel and a...
by welderwannabe
Wed Jul 25, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Admiral Fund or ETF for 3-Fund?
Replies: 31
Views: 2030

Re: Admiral Fund or ETF for 3-Fund?

largely a matter of personal preference. My personal preference is traditional mutual funds rather than ETFs. In my opinion traditional mutual funds are easier to use and have simpler trading mechanics. You can buy and sell fractional shares of traditional mutual funds, it's easy to set up automati...
by welderwannabe
Sat Jul 21, 2018 8:28 pm
Forum: Investing - Theory, News & General
Topic: Fidelity cash position
Replies: 55
Views: 6792

Re: Fidelity cash position

Spirit Rider wrote:
Sat Jul 21, 2018 8:21 pm
Then I would call Fidelity and ask why explicitly documented limits for FZDXX are not followed.
My 401k has the same issue. $10K minimum.
by welderwannabe
Sat Jul 21, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Parking $$ for future tax payment
Replies: 12
Views: 975

Re: Parking $$ for future tax payment

Tbills. A six month bill (or bills) will mature in January of 2019.
by welderwannabe
Sun Jul 15, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: [How do I transfer money from Vanguard New York Municipal Money Market Fund?]
Replies: 14
Views: 715

Re: Logistics of VYFXX

I can’t speak to that particular muni fund but the national muni fund (Int med term tax exempt) has a frequent trading policy where you can sell but you cannot buy for a period of time. It is bypassed by automatic exchanges on a schedule. Otherwise - yes, you just sell what you want, when you want ...
by welderwannabe
Sun Jul 15, 2018 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27227

Re: Vanguard Municipal Money Market VMSXX 1.39%

gmaynardkrebs wrote:
Sun Jul 15, 2018 8:02 am
There's no lazier idiot than myself, but even I don't find hitting a few keystroke to transfer to Prime excessively taxing (no pun intended).
Then I am proof there is a lazier idiot than you! :sharebeer
by welderwannabe
Sun Jul 15, 2018 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27227

Re: Vanguard Municipal Money Market VMSXX 1.39%

Based on the previous two cycles and the rate of increase on the most recent upswing, I expected the muni MM fund TEYs to go above Prime MM sometime in July, but it peaked before that happened, and now is well into the downswing of whatever the heck cycle we're in now. I thought the same thing. I n...
by welderwannabe
Sat Jul 14, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to buy T-Bills
Replies: 33
Views: 2798

Re: How to buy T-Bills

You mention the word "auction" for Tbills can you explain, doing a TON of reading on Tbills but confused on how they work. It sounds worse than it is. It isn't like bidding on a Teddy Ruxpin on Ebay where you have to constantly bid, raise your bid, and watch. You go to your brokerage and put in an ...
by welderwannabe
Sat Jul 14, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: 1-year Treasury Bill auction
Replies: 50
Views: 4342

Re: 1-year Treasury Bill auction

Kevin M wrote:
Sat Jul 14, 2018 11:05 am
I would prefer the Treasury over the CD, as it would have a higher TEY for me.

Kevin
Makes sense. I live in a no income tax state so that benefit of Treasuries is meaningless to me. Thanks for sharing though.
by welderwannabe
Sat Jul 14, 2018 7:50 am
Forum: Investing - Theory, News & General
Topic: Which Brokerage to use strictly for Brokered CDs
Replies: 18
Views: 1502

Re: Which Brokerage to use strictly for Brokered CDs

I have no experience with Schwabb. Between Vanguard and Fidelity I would go with Fidelity for this. Their auto-roll for both CDs and Treasuries makes maintaining this pretty low hassle. By auto-roll, you mean buy another brokered CD from the same bank automatically? Personally, I'd want to check th...
by welderwannabe
Sat Jul 14, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: 1-year Treasury Bill auction
Replies: 50
Views: 4342

Re: 1-year Treasury Bill auction

Since I now have a savings account with an APY of 2.50% guaranteed until 12/31/2019, this bill doesn't look particularly attractive, offering only 17 basis points of additional yield for extending maturity from 0 years to 1 year. The savings account has no term risk and no reinvestment risk over th...
by welderwannabe
Sat Jul 14, 2018 7:11 am
Forum: Investing - Help with Personal Investments
Topic: How to buy T-Bills
Replies: 33
Views: 2798

Re: How to buy T-Bills

i have never bought T bills.. but i was thought of buying from vanguard.. they have a link under investing CD .. there is an option to buy t bills. I buy CD's from there.. has anyone had any issues? While I usually buy my bills at Treasury Direct or Fidelity, I have bought bills at Vanguard. No iss...
by welderwannabe
Sat Jul 14, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: Which Brokerage to use strictly for Brokered CDs
Replies: 18
Views: 1502

Re: Which Brokerage to use strictly for Brokered CDs

I have no experience with Schwabb. Between Vanguard and Fidelity I would go with Fidelity for this. Their auto-roll for both CDs and Treasuries makes maintaining this pretty low hassle.
by welderwannabe
Fri Jul 13, 2018 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Bond Portfolio
Replies: 11
Views: 1257

Re: Bond Portfolio

Does that seem OK ? Should I have more in a total bond ETF like AGG (iShares) or BND (Vanguard). I am 75/20/5 right now (stocks, bonds, cash). My bonds are broken up half treasuries (intermediate term and some notes I purchased at auction) and half corporates (all via the ETF LQD). My cash is mainl...
by welderwannabe
Wed Jul 11, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 108
Views: 9050

Re: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters

AAA rated bond is relatively safe. Mortgage backed security. If you buy US backed 10 year treasure, you would be safe unless US default its treasure bond. Of course, but I assumed your comment was regarding AAA bonds in general...not just treasuries. I consider treasuries a different class entirely...
by welderwannabe
Wed Jul 11, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 108
Views: 9050

Re: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters

WhiteMaxima wrote:
Wed Jul 11, 2018 3:38 pm
AAA rated bond is relatively safe.
So thought a lot of people in 2008/2009 with their CDOs. A lot were AAA rated by ratings agencies who wernt looking too hard under the hood.
by welderwannabe
Tue Jul 10, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Should I move all my investments to Vanguard?
Replies: 31
Views: 2386

Re: Should I move all my investments to Vanguard?

The Fidelity support leaves much to be desired and I am think of moving all my investments to Vanguard. What would you say are the pros and cons of this move? Thanks Dennis Interesting I am about 60% Fidelity and 40% Vanguard. My experience has been the opposite...I find Fidelity's support better t...