Search found 360 matches

by Iliketoridemybike
Thu Feb 15, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for Reasonably Safe Funds
Replies: 27
Views: 1808

Re: Suggestions for Reasonably Safe Funds

I don't know if I'd recommend individual bonds for someone so risk averse, or really most people. And just because you might not see price fluctuations it doesn't mean the value of a bond doesn't change. Hmmmm If held to maturity, the value does not change. A $1000 bond pays $1000 at maturity, plus...
by Iliketoridemybike
Wed Feb 14, 2018 9:44 pm
Forum: Investing - Theory, News & General
Topic: Short Term Tax Free Bond ETF
Replies: 9
Views: 742

Re: Short Term Tax Free Bond ETF

I am not going to recommend an ETF, but rather the good old US Treasury Notes on the secondary market. US Treasury Notes are very liquid, and decreasing maturity is nice for cash parking instruments. Agree. The “rules” related to bonds have all changed in a very short period of time. You can get qu...
by Iliketoridemybike
Wed Feb 14, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for Reasonably Safe Funds
Replies: 27
Views: 1808

Re: Suggestions for Reasonably Safe Funds

You can buy a highly rated bond at about 3% and see no price fluctuation if held to maturity and if you go shorter duration, your purchasing power won’t be eaten up as quickly. Some bonds in that range include a 10 year treasury, a 5 year corporate at Aa/AA or a 3 year corporate at an A rating. I d...
by Iliketoridemybike
Wed Feb 14, 2018 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for Reasonably Safe Funds
Replies: 27
Views: 1808

Re: Suggestions for Reasonably Safe Funds

You can buy a highly rated bond at about 3% and see no price fluctuation if held to maturity and if you go shorter duration, your purchasing power won’t be eaten up as quickly. Some bonds in that range include a 10 year treasury, a 5 year corporate at Aa/AA or a 3 year corporate at an A rating. I d...
by Iliketoridemybike
Wed Feb 14, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for Reasonably Safe Funds
Replies: 27
Views: 1808

Re: Suggestions for Reasonably Safe Funds

You can buy a highly rated bond at about 3% and see no price fluctuation if held to maturity and if you go shorter duration, your purchasing power won’t be eaten up as quickly.
Some bonds in that range include a 10 year treasury, a 5 year corporate at Aa/AA or a 3 year corporate at an A rating.
by Iliketoridemybike
Tue Feb 13, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Obligation to use car insurance proceeds?
Replies: 22
Views: 1559

Re: Obligation to use car insurance proceeds?

The check makes you whole, but the value of the car is now decreased by at least that amount. If you get in another accident in the same area on the car, they may deduct the value of the first accident. Trade-in value of the car will be less.
by Iliketoridemybike
Tue Feb 13, 2018 7:12 am
Forum: Investing - Help with Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 37
Views: 6904

Re: Why not just do CDs and skip bonds?

Why not CD’s?

Liquidity
Return
Taxable if held in a taxable account vs muni bond
by Iliketoridemybike
Mon Feb 12, 2018 10:23 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7080

Re: I’m not renewing my Costco membership.

We go to Costco 2-3 times a month. We don’t buy the “biggie” size items, but we do buy the 2-3 packs of chicken and ground beef. We freeze a few and keep the rest out to use in the coming week. They have great fresh fish. We buy the frozen fruits, laundry soap, coffee, etc. All the things you usuall...
by Iliketoridemybike
Sun Feb 11, 2018 10:22 pm
Forum: Personal Consumer Issues
Topic: Driving a rental car in Western Europe
Replies: 46
Views: 1523

Re: Driving a rental car in Western Europe

Renting in Europe is expensive, parking is usually difficult and driving in a foreign land is stressful. Having done both, I would suggest trains. In Europe they go almost everywhere with little hassle. Cars are for the USA. Trains are for Europe. I figured you prefer to go by bike :) Did that too....
by Iliketoridemybike
Sun Feb 11, 2018 9:50 pm
Forum: Personal Consumer Issues
Topic: Driving a rental car in Western Europe
Replies: 46
Views: 1523

Re: Driving a rental car in Western Europe

Renting in Europe is expensive, parking is usually difficult and driving in a foreign land is stressful. Having done both, I would suggest trains. In Europe they go almost everywhere with little hassle. Cars are for the USA. Trains are for Europe.
by Iliketoridemybike
Sun Feb 11, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Statement & Receipt Clearing - Help!
Replies: 42
Views: 2206

Re: Credit Card Statement & Receipt Clearing - Help!

Couple thoughts:

I check my receipt against our online account, if they match, out it goes. No need to wait until the month end since credit card charges are posted almost instantly.

I toss receipts, no shred, since they do not contain your account number.
by Iliketoridemybike
Sat Feb 10, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 4406

Re: Choosing muni bond funds

SNTIX blows VWITX out of the water for returns at every interval. Check it out. 2x the Sharpe ratio and a 30% higher yield. SNTIX has outperformed in the last 10 years, but if you go back its inception (in 1988) it has slightly underpformed compared to VWITX. Due to its credit quality, a better com...
by Iliketoridemybike
Fri Feb 09, 2018 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 4406

Re: Choosing muni bond funds

SNTIX blows VWITX out of the water for returns at every interval. Check it out. 2x the Sharpe ratio and a 30% higher yield. SNTIX has outperformed in the last 10 years, but if you go back its inception (in 1988) it has slightly underpformed compared to VWITX. Due to its credit quality, a better com...
by Iliketoridemybike
Fri Feb 09, 2018 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 4406

Re: Choosing muni bond funds

SNTIX blows VWITX out of the water for returns at every interval. Check it out. 2x the Sharpe ratio and a 30% higher yield. SNTIX has outperformed in the last 10 years, but if you go back its inception (in 1988) it has slightly underpformed compared to VWITX. Due to its credit quality, a better com...
by Iliketoridemybike
Fri Feb 09, 2018 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 4406

Re: Choosing muni bond funds

If you want to go the fund route, you'll likely want to choose from FTABX or FLTMX. Their expense ratios are 0.25% and 0.35% respectively. Both are fairly low expense, managed funds differing largely in duration and average maturity. I think both have similar credit quality, which is, overall, lowe...
by Iliketoridemybike
Fri Feb 09, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 4406

Re: Choosing muni bond funds

SNTIX blows VWITX out of the water for returns at every interval. Check it out. 2x the Sharpe ratio and a 30% higher yield.
by Iliketoridemybike
Fri Feb 09, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Wine Investment
Replies: 28
Views: 3252

Re: Wine Investment

Collecting wine is not an investment. It is a hobby. A fun hobby, but if you get into it for money, you are in it for the wrong reasons.
by Iliketoridemybike
Thu Feb 08, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help with a partial wash sale determination in Vanguard account
Replies: 9
Views: 361

Re: Help with a partial wash sale determination in Vanguard account

I am not sure how Vanguard reports, but Fidelity will show what lots are disallowed in your YTD tax reporting. If you can find that, it may clue you in a bit more.
by Iliketoridemybike
Wed Feb 07, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 223
Views: 13785

Re: free dinner investing seminar

There’s no free dinner.
by Iliketoridemybike
Wed Feb 07, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Why did BND drop with no interest rate increase and what's in store short term?
Replies: 19
Views: 2032

Re: Why did BND drop with no interest rate increase and what's in store short term?

The Fed didn’t raise rates...yet. But the market did. The Fed only is one lever in the interest rate machine.
by Iliketoridemybike
Sun Feb 04, 2018 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell PONDX?
Replies: 10
Views: 893

Re: Should I sell PONDX?

SPFPX is a managed fund. It goes up when rates go up.
by Iliketoridemybike
Sun Feb 04, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell PONDX?
Replies: 10
Views: 893

Re: Should I sell PONDX?

I sold my PONDX and moved into SPFPX a floating rate bond fund late last year. It pays about 4.5%. In the 3 months since, SPFPX is up about 1.5% and PONDX is down fractionally. Floating rate funds are of lower quality, but if you look at what some of the bigger allocation funds have in their bond po...
by Iliketoridemybike
Sun Feb 04, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: When diversification doesn’t work
Replies: 33
Views: 2595

Re: When diversification doesn’t work

Floating rate bonds were actually UP. So not every baby went out with the bath water.
by Iliketoridemybike
Sat Feb 03, 2018 11:58 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 260
Views: 14198

Re: For BHs who actually like cars - what is your daily driver?

Daily driver BMW 235. Like it, but the next vehicle will be a Jeep Rubicon. BMW’s are fun. This is my 4th or 5th one, but Jeeps especially in Colorado, lead to much more adventure.
by Iliketoridemybike
Sat Feb 03, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Love your family car? Under $16,000 Used? Please share!
Replies: 57
Views: 7128

Re: Love your family car? Under $16,000? Please share!

Jeep Cherokee. We love ours. Lots of room for four. One of the best 4WD systems. Dependable, safe. Only the Trailhawk model's 4wd system is even above average. All of the other models are not even full-time, but an on-demand awd system with no axle locks and no low range. The underpinnings are the ...
by Iliketoridemybike
Sat Feb 03, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Ireland accommodations
Replies: 9
Views: 766

Re: Ireland accommodations

A few comments having just returned from there last Fall. Off the major highways the roads are very narrow, rarely straight and the Irish are good, but aggressive drivers so be careful. Driving on the left is not very intuitive. Accommodations in the smaller tourist towns are often booked in advance...
by Iliketoridemybike
Sat Sep 30, 2017 8:56 am
Forum: Personal Consumer Issues
Topic: Caught by speed camera
Replies: 49
Views: 3309

Re: Caught by speed camera

I got one a few years ago. I paid it and now pay more attention to my surroundings. I still laugh when I see the photo van ahead and the guy next to me flies by. FLASH!
by Iliketoridemybike
Fri Sep 29, 2017 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: High yield muni
Replies: 30
Views: 2823

Re: High yield muni

Reread “Goals and Strategy” section. Goal & Strategy Total return and current income that is exempt from federal income taxes through high-yield municipal bonds. Oh, you're right. No concerns about the other half-dozen issues with this fund? Guess you're all set then! :D Lived with it for 10 years....
by Iliketoridemybike
Fri Sep 29, 2017 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: High yield muni
Replies: 30
Views: 2823

Re: High yield muni

This is the HY investment grade fund. Believe. https://www.americancentury.com/content/direct/en/products/all-funds/fund-list/high-yield-municipal.html#ABHYX Its stated objective does not mention "high yield." Reread “Goals and Strategy” section. Goal & Strategy Total return and current income that...
by Iliketoridemybike
Fri Sep 29, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: High yield muni
Replies: 30
Views: 2823

Re: High yield muni

...investment grade HY... This sounds like an oxymoron -- a have-your-cake-and-eat-it-too fund. Any time you're chasing yield, you're assuming additional risk. Yes, I agree the past has been good. It was great for the S&P 500 so I'm safe as houses there, too (oops -- bad metaphor). There is no free...
by Iliketoridemybike
Fri Sep 29, 2017 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: High yield muni
Replies: 30
Views: 2823

Re: High yield muni

I compared these 2 portfolios using portfolio view and was shocked with the findings: What time frame? For the look-back, the bond-heavy portfolio has benefited from the steady decline in interest rates for many, many years. I'm not counting on that going forward :D. With rising rates, I expect to ...
by Iliketoridemybike
Fri Sep 29, 2017 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: High yield muni
Replies: 30
Views: 2823

Re: High yield muni

JBTX wrote:
Fri Sep 29, 2017 5:39 pm
I can't speak about high yield muni at vanguard but many years ago I lost a good deal of money on high yield muni investments. Sometimes the investments are not as "muni" as you think they are and are high risk.
Do tell, did you sell?
by Iliketoridemybike
Fri Sep 29, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: High yield muni
Replies: 30
Views: 2823

Re: High yield muni

I’ve had high yield muni’s in my portfolio going on 10 years now so I have the benefit of seeing them up close and personal over a relatively long time. Yes, they can bounce around like during the “taper tantrum”of a few years back, but the bounces are nothing like equities. The high coupon really s...
by Iliketoridemybike
Fri Sep 29, 2017 7:51 am
Forum: Personal Finance (Not Investing)
Topic: How much liquid Cash to Keep in Savings
Replies: 35
Views: 5838

Re: How much liquid Cash to Keep in Savings

I keep very little. About a month’s worth of expenses. Cash is a drag on returns and I can get short term funds by using a credit card or margin IF I really needed to. Been on this earth for 54 years and never had to do that though.
by Iliketoridemybike
Thu Sep 28, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Email address compromised - HELP!!!
Replies: 28
Views: 2746

Re: Email address compromised - HELP!!!

It is bound to happen to just about everybody. Just wait until you receive an email from yourself. That is kinda freaky. I have talked to IT guys and there is not much you can do other than what has already been mentioned. Start maintaining a SPAM folder, check it occasionally, dump it and repeat. W...
by Iliketoridemybike
Wed Sep 27, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 4422

Re: Tax saving strategies for DINKs

You sure about this? I pay AMT and my rate is 33%. The highest tax bracket for the AMT is 28%. If you are in the phase-out of AMT personal exemptions, your marginal AMT rate is 35%. But the OP, who is in the highest federal income tax bracket, is beyond that phase-out range and thus has a marginal ...
by Iliketoridemybike
Wed Sep 27, 2017 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 4422

Re: Tax saving strategies for DINKs

We are a DINKs who live in the downtown area of a major city. We are both W-2 employees. We rent. We will be in the highest federal income tax bracket this year. When you add our high local income tax rate, our marginal rate will be fairly close to 50%. We will also pay AMT. If you pay AMT, your ma...
by Iliketoridemybike
Wed Sep 27, 2017 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Average funds return 2017
Replies: 6
Views: 1125

Re: Average funds return 2017

Way more info needed. What are each invested in?
by Iliketoridemybike
Wed Sep 27, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 6587

Re: My Smartest Financial Moves

Starting a business and buying a commercial building. Way more return than the market could have ever given me.
Also not listening to people who said to not invest in bonds.
by Iliketoridemybike
Wed Sep 27, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 4422

Re: Tax saving strategies for DINKs

Donate appreciated shares rather than cash. There are some charitable trusts like Fidelity’s Charitable Giving Account that make it easy. You get the benefit of the donation and it also reduces your future cap gain on that investment.
by Iliketoridemybike
Wed Sep 27, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: I inherited a life insurance policy that is upside down?
Replies: 21
Views: 2341

Re: I inherited a life insurance policy that is upside down?

I agree with the above poster with regards to cash surrender value--you usually can only borrow against cash value of the policy. I don't think you can go into the red to your own life insurance policy. That's what I thought. The policy would cease before going into the red. Not necessarily on a wh...
by Iliketoridemybike
Wed Sep 27, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: I inherited a life insurance policy that is upside down?
Replies: 21
Views: 2341

Re: I inherited a life insurance policy that is upside down?

Jags4186 wrote:
Wed Sep 27, 2017 1:20 pm
I agree with the above poster with regards to cash surrender value--you usually can only borrow against cash value of the policy. I don't think you can go into the red to your own life insurance policy.
That's what I thought. The policy would cease before going into the red.
by Iliketoridemybike
Wed Sep 27, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 124
Views: 17495

Re: My boneheaded financial mistakes

Not understanding tax loss harvesting well enough so that I bought and sold in the same month. Wash sale. No tax benefit for me. :oops:
by Iliketoridemybike
Wed Sep 27, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 4716

Re: measurement of success of investment(s)

I know what my "number" is, the % amount I need overall to hit my goals long term. If it meets or beats that, it is a success.
by Iliketoridemybike
Tue Sep 26, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation - Nearing Retirement
Replies: 26
Views: 3462

Re: Allocation - Nearing Retirement

60/40 at your age would terrify me. I'm 53 and am gearing to 40/60..and even that makes me uncomfortable. May go more for 30/50/20. Can you really stomach a $600K loss (on paper)? $2M is $1.2M in stocks at 60%, and a 50% drop takes you down $600K. I know I can't..we may be dead before things get ba...
by Iliketoridemybike
Tue Sep 26, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Allocation - Nearing Retirement
Replies: 26
Views: 3462

Re: Allocation - Nearing Retirement

4 years out from retirement I am at 50/50. Firecalc says I can go as low as 35/65 and still hit my plan.
by Iliketoridemybike
Mon Sep 25, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice pay off mortgage now or keep cash for closing
Replies: 13
Views: 1392

Re: Financial advice pay off mortgage now or keep cash for closing

Good point, I probably won't pay it off completely. I am also in Colorado. In the "hot" LOHI area of Denver with a property value of under $500,000. At this point in time is seems like I could sell it 'as is' with any contingency I want, but things can certainly change in a year. Cheers! Knowing yo...
by Iliketoridemybike
Mon Sep 25, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice pay off mortgage now or keep cash for closing
Replies: 13
Views: 1392

Re: Financial advice pay off mortgage now or keep cash for closing

I think if you crunch the numbers, you are not talking about saving a lot of money and for the added risk of putting all your eggs into your house equity and then need to liquidate it in less than 2 years, I would keep the cash, just for the flexibility of it. Adding a contingency of a rent back may...
by Iliketoridemybike
Sun Sep 24, 2017 8:35 pm
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 95
Views: 6884

Re: What is your favorite reasonably priced bourbon?

About $30 and drinks over that....Elijah Craig.
by Iliketoridemybike
Sun Sep 24, 2017 9:30 am
Forum: Personal Consumer Issues
Topic: Do you subscribe to digital newspapers?
Replies: 92
Views: 5873

Re: Do you subscribe to digital newspapers?

I subscribe to USA Today which is free online. I follow all other “papers” on Twitter. They will link to the important stories so you never have to pay for a monthly subscription. I follow about 4 of them and get all the news I want for $0. I agree the level of journalism has gone way down. I think ...