This reminded me of the recent Rational Reminder episode with Scott Rick. The focus is money and relationships, covering many of the insights from his book (Tightwads and Spendthrifts). Maybe give that a listen on your commute.pejp1 wrote: ↑Wed Mar 27, 2024 12:01 pm For a while we kept separate accounts and I'd basically send her whatever she needed for the month, but I don't think that was a healthy situation either. Everyone is different, but it was a weird dynamic, like I'm deciding what she gets and her having to come to me for money. We have challenges, and this is still relatively new to us (first time having house, kids are young etc), but I don't want her to feel like the money is 'mine' and shes just using it.
Search found 3918 matches
- Wed Mar 27, 2024 4:46 pm
- Forum: Personal Finance (Not Investing)
- Topic: Any advice on how to manaage cashflow when % of income is variable?
- Replies: 39
- Views: 1810
Re: Any advice on how to manaage cashflow when % of income is variable?
- Wed Mar 27, 2024 3:55 pm
- Forum: Personal Finance (Not Investing)
- Topic: Why does a discussion of Financial Planning almost always turns into buying Whole life insurance?
- Replies: 54
- Views: 2936
- Mon Mar 25, 2024 5:19 pm
- Forum: Investing - Theory, News & General
- Topic: Trump Media & Technology Group Corp begins trading on NASDAQ as DJT on Tuesday
- Replies: 12
- Views: 2521
Re: Trump Media & Technology Group Corp begins trading on NASDAQ as DJT on Tuesday
VTI tracks the CRSP US Total Market Index, whose methodology is publicly available (p. 49):
As for shorting, well, you're asking in the wrong place.DE-SPAC TRANSACTIONS
New corporations (C-corps) created via de-SPAC transactions (e.g., a Blank Check Company (SPAC) merges with a private
company) will be considered for index inclusion at the next regularly scheduled quarterly ranking.
- Mon Mar 25, 2024 12:07 pm
- Forum: Personal Finance (Not Investing)
- Topic: Mega Back Door Roth 401K AND Back Door Roth IRA
- Replies: 13
- Views: 785
Re: Mega Back Door Roth 401K AND Back Door Roth IRA
Just Form 8606 to report the after-tax basis in the IRA. That blog post has the complete details.
- Mon Mar 25, 2024 10:13 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard TDF -- Why are there International Bonds?
- Replies: 8
- Views: 763
Re: Vanguard TDF -- Why are there International Bonds?
Since you're reading the book, you're aware that Bernstein dislikes most of the bonds in Vanguard Total Bond, too.
- Sat Mar 23, 2024 1:05 pm
- Forum: Personal Finance (Not Investing)
- Topic: HCOL in retirement - mortgage vs. paid off vs. rent?
- Replies: 25
- Views: 2072
Re: HCOL in retirement - mortgage vs. paid off vs. rent?
Home-ownership in HCOL areas is a luxury good. If you don't feel passionate about it, skip it. You maintain valuable optionality by renting.Admiral Fun wrote: ↑Sat Mar 23, 2024 12:27 pm I'm surprised that more people are not in the "retired people should own" camp.
At your level of assets, I don't think this decision should change your asset allocation, but you should have some fixed income in inflation-protected assets because your housing costs will rise with inflation either way (property taxes and maintenance on the one hand, rent on the other).
- Sat Mar 23, 2024 11:53 am
- Forum: Investing - Theory, News & General
- Topic: Great news! No more [fixed real estate] agent commission
- Replies: 238
- Views: 22607
Re: Great news! No more [fixed real estate] agent commission
If they wanted to ban sellers from paying for buyers' agents, then they could have just, you know, done that. Instead all they did is add this weird additional step in the communication of a buyer's agent fee, which the media is interpreting as the end of buyers' agency fees. But it's not that at all. I don't think sellers' generosity is the target of the lawsuit. It's the listing agent's steering by saying "We have to put something in MLS. Let's say 3% because that's standard." Now, it will be "We should advertise compensation to the buyer's agent. Let's say 3% because that's common." How many sellers are going to say that that sounds reasonable? What listing agents are going to bat for the buyer's agent at the expense...
- Fri Mar 22, 2024 2:56 pm
- Forum: Investing - Theory, News & General
- Topic: Cash accumulator pathology
- Replies: 24
- Views: 2485
Re: Cash accumulator pathology
Here's a suggestion: invest once a year. With a 40% US, 20% ex-US, 30% bonds, 10% cash portfolio since 1997, your money-weighted rate of return would have been virtually the same investing annually (6.56%) or monthly (6.57%). During the year, accumulate cash to your heart's content, then make Annual Investment Day a family holiday.
- Fri Mar 22, 2024 2:54 pm
- Forum: Personal Investments
- Topic: Backdoor Roth vs TIPS Ladder - want both but wary of prorata rule
- Replies: 19
- Views: 1041
Re: Backdoor Roth vs TIPS Ladder - want both but wary of prorata rule
If I go with DIPSX, it says avg. maturity 7.43 and avg. duration 6.74 and YTM 1.99%. Does that mean if I buy $100K on Monday, I lock in 1.99% real yield on $100K guaranteed till 2031, roughly around time I want to retire, then rollover 401K to TIRA and buy TIPS ladder to mature 2040-2044 at whatever market is at then? If yes, then I am still exposed in 2031 but with TIPS ladder now, my $100K is guaranteed 2%+ till 2044...so not sure DIPSX solves the problem? Yes, you have a duration mismatch with that single TIPS fund. You could combine it with LTPZ in your Roth IRA to match the duration for your desired ladder, selling some LTPZ and buying some DIPSX every year. At retirement, sell both funds and buy your TIPS ladder. Maybe call this opti...
- Fri Mar 22, 2024 2:02 pm
- Forum: Investing - Theory, News & General
- Topic: Cash accumulator pathology
- Replies: 24
- Views: 2485
Re: Cash accumulator pathology
I don't think there's a meaningful difference between the two. OP claims a preference for 10% cash, but reveals a preference for 13%. Sinning with 3% of one's portfolio is even Bogle-approved.makeitcount wrote: ↑Fri Mar 22, 2024 1:52 pm Are they also using their cash in an attempt to time the market like the OP, or is the cash part of their chosen AA?
- Fri Mar 22, 2024 1:34 pm
- Forum: Investing - Theory, News & General
- Topic: Cash accumulator pathology
- Replies: 24
- Views: 2485
Re: Cash accumulator pathology
You're in good company: Boglehead-approved financial gurus Morgan Housel and Christine Benz also have "irrationally" large cash allocations.
- Thu Mar 21, 2024 8:27 pm
- Forum: Personal Investments
- Topic: Monthly cash availability but weekly buys?
- Replies: 9
- Views: 625
Re: Monthly cash availability but weekly buys?
I can't imagine this will have a noticeable impact over 30 years. Over the last 30 years, it looks like investing monthly only gave you 1 bp extra money-weighted return than investing annually. Weekly versus monthly could really go either way. So, yeah, go for it.
- Thu Mar 21, 2024 6:16 pm
- Forum: Personal Investments
- Topic: Backdoor Roth vs TIPS Ladder - want both but wary of prorata rule
- Replies: 19
- Views: 1041
Re: Backdoor Roth vs TIPS Ladder - want both but wary of prorata rule
It seems like they would help you accomplish your goal, though. Maybe spend some time reviewing #Cruncher's Consistent Yield & Duration to Help Choose TIPS Fund. There are some posters who use a combination of TIPS funds to simulate a TIPS ladder (e.g., viewtopic.php?p=7637829#p7636981).
- Thu Mar 21, 2024 1:40 pm
- Forum: Personal Finance (Not Investing)
- Topic: In-laws 529 for grandkids, bite my lip or say something?
- Replies: 58
- Views: 5897
Re: In-laws 529 for grandkids, bite my lip or say something?
I think this highlights the distinction between being kind and being nice. You've noticed something rotten. It's nice to save them the potential embarrassment of knowing that they're getting ripped off. It's kind to (offer to help) stop them from getting ripped off. They're sharing the statements with you, so it's not like you're prying into something they want to keep secret. At the end of the day, everybody wants the kids to benefit as much as possible from this generosity.
- Thu Mar 21, 2024 10:14 am
- Forum: Personal Finance (Not Investing)
- Topic: Simple things like writing a check, balancing a checkbook, depositing, withdrawing, interest. Teach a child... but how?
- Replies: 39
- Views: 2599
Re: Simple things like writing a check, balancing a checkbook, depositing, withdrawing, interest. Teach a child... but h
You should be their bank/brokerage. When they get money, tell them that they can deposit it with you to earn 5% interest guaranteed, or invest it in something reasonable like VTI. Make it an attractive alternative to spending immediately. When they want to withdraw or check their balance, sit down to calculate this together.
Skip the checks (insecure and archaic), balancing a checkbook (useless), etc. There's a good chance that your kids will never have to write a check. That's already true of Gen Zers.
Skip the checks (insecure and archaic), balancing a checkbook (useless), etc. There's a good chance that your kids will never have to write a check. That's already true of Gen Zers.
- Wed Mar 20, 2024 6:20 pm
- Forum: Investing - Theory, News & General
- Topic: When and How to Reduce Equity Allocation if One Fills their Mental LMP While Reasonably Young?
- Replies: 7
- Views: 770
Re: When and how to reduce equity allocation if one fills their liability matching portfolio LMP while reasonably young.
OK, I definitely misunderstood. Those other threads are for people who have already built their LMP with TIPS.
It seems like "full mental LMP" is just another way to say that you've reached 25x expenses? If so, it might make sense to start building an LMP with that money (e.g., via TIPS ladder to take advantage of high real yields). Maybe check out grok87's series on LMPs because this would be #3.
Basically, there's no need to either make drastic changes now or to defer all action until you're ready to actually retire.
It seems like "full mental LMP" is just another way to say that you've reached 25x expenses? If so, it might make sense to start building an LMP with that money (e.g., via TIPS ladder to take advantage of high real yields). Maybe check out grok87's series on LMPs because this would be #3.
Basically, there's no need to either make drastic changes now or to defer all action until you're ready to actually retire.
- Wed Mar 20, 2024 3:43 pm
- Forum: Investing - Theory, News & General
- Topic: When and How to Reduce Equity Allocation if One Fills their Mental LMP While Reasonably Young?
- Replies: 7
- Views: 770
Re: When and how to reduce equity allocation if one fills their liability matching portfolio LMP while reasonably young.
Maybe I'm misreading your post, but why would your LMP have any equities? I thought it was supposed to be a bucket filled with real and nominal fixed income with maturities matching your future real and nominal liabilities. Inflation protection would be provided by real-return assets like TIPS.
Here are a few threads on this topic: viewtopic.php?t=410175, viewtopic.php?t=399073, viewtopic.php?t=381357 (all coincidentally started by TheTimeLord).
Here are a few threads on this topic: viewtopic.php?t=410175, viewtopic.php?t=399073, viewtopic.php?t=381357 (all coincidentally started by TheTimeLord).
- Fri Mar 15, 2024 11:18 am
- Forum: Investing - Theory, News & General
- Topic: Great news! No more [fixed real estate] agent commission
- Replies: 238
- Views: 22607
Re: Great news! No more agent commission
Redfin pays agents a salary. (It also loudly left the NAR last year.)ResearchMed wrote: ↑Fri Mar 15, 2024 10:08 am Any suggestions about how agents *would* be compensated?
RM
There will still be commission-based compensation, but it seems like the big change will be making these commissions negotiable between sellers and listing agents, between buyers and their agents, and between sellers and buyers.
- Mon Mar 11, 2024 12:10 pm
- Forum: Personal Investments
- Topic: The classic dilemma between income and growth... Where should I be?
- Replies: 40
- Views: 2448
Re: The classic dilemma between income and growth... Where should I be?
Right. That was covered by the OP, which I quoted.HanSolo wrote: ↑Mon Mar 11, 2024 12:08 pm Not to derail this into another dividend debate, but the above assertion is unbalanced. Non-dividend-payers also pull anti-shareholder shenanigans. At least with the dividend-payer, money got transferred from the corporate treasury into my pocket instead of into executive boondoggles or whatever.
- Mon Mar 11, 2024 11:53 am
- Forum: Personal Investments
- Topic: The classic dilemma between income and growth... Where should I be?
- Replies: 40
- Views: 2448
Re: The classic dilemma between income and growth... Where should I be?
Dividends don't provide immunity against this. Execs at big dividend payers routinely pull anti-shareholder shenanigans to preserve their dividend.
- Sun Mar 10, 2024 2:38 pm
- Forum: Personal Finance (Not Investing)
- Topic: Bank of America Outbound ACH Fee now zero!
- Replies: 22
- Views: 2091
- Sun Mar 10, 2024 2:23 pm
- Forum: Personal Finance (Not Investing)
- Topic: Take lower paying job for less stress
- Replies: 14
- Views: 1021
Re: Take lower paying job for less stress
There have been a number of posts from folks considering this (recent example). Search "coast fire" or "down shift" for some of them.
If you work at Amazon, note that this would be a two-way door decision: boomerangs can return to the same role and level within 12 months as long as the hiring manager approves.
If you work at Amazon, note that this would be a two-way door decision: boomerangs can return to the same role and level within 12 months as long as the hiring manager approves.
- Sun Mar 10, 2024 12:13 pm
- Forum: Personal Finance (Not Investing)
- Topic: Bank of America Outbound ACH Fee now zero!
- Replies: 22
- Views: 2091
- Sun Mar 10, 2024 12:01 pm
- Forum: Personal Finance (Not Investing)
- Topic: Bank of America Outbound ACH Fee now zero!
- Replies: 22
- Views: 2091
Re: Bank of America Outbound ACH Fee now zero!
Yes. I've paid contractors like this. Lots of folks pay rent this way.TomatoTomahto wrote: ↑Sun Mar 10, 2024 11:16 am Slightly different topic: can you ACH to anyone whose routing and account information you have? This year, there was a moment of panic when some irregularity occurred with my daughter’s annual gift check; everything was fine in the end. If I have her details, could I just ACH to her next year?
- Sun Mar 10, 2024 11:38 am
- Forum: Investing - Theory, News & General
- Topic: Best way to convert multiple stocks to 3-fund portfolio?
- Replies: 22
- Views: 2211
Re: Best way to convert multiple stocks to 3-fund portfolio?
Right, but if I sold all the stocks now and bought $191k of VTI, I wouldn't have anything to TLH with, AND I would have $9k less to invest because I have to pay the tax bill. Also, yes, $9k doesn't sound like a lot, but let's multiply the amounts by 3 or 10 or 30 or 100 and see if that changes your answer? What I'm curious about is the optimal strategy, independent of the specific amount. (The hypothetical investor, as it turns out, is me; the amounts in question are different, but proportional to the numbers I gave above.) This framing is wrong again. You don't have that $9k (or $90k, $270k, etc.) now. You're borrowing it from the Treasury. The only way you would really have it is by holding these individual stocks until you get down to t...
- Sat Mar 09, 2024 6:29 pm
- Forum: Personal Investments
- Topic: Slice and dice VTI for tax savings: worth the squeeze?
- Replies: 17
- Views: 1551
Re: Slice and dice VTI for tax savings: worth the squeeze?
HEDGEFUNDIE used to post about this. IIRC, he rage-quit after someone said that VTI is good enough.
I think you could reduce the marginal complexity somewhat by dropping funds. There's no reason for VO because it's a subset of VV (VUG+VTV), and VB looks expendable given that VTI and VV have been almost perfectly correlated. If you want more smid-cap exposure, consider using SCHG and SCHV because Schwab/Dow Jones's Large-Cap universe includes 750 stocks versus 600 for Vanguard/CRSP.
Is it worth it? If you value the taxes you'll save more than the time you'll spend, go for it.
I think you could reduce the marginal complexity somewhat by dropping funds. There's no reason for VO because it's a subset of VV (VUG+VTV), and VB looks expendable given that VTI and VV have been almost perfectly correlated. If you want more smid-cap exposure, consider using SCHG and SCHV because Schwab/Dow Jones's Large-Cap universe includes 750 stocks versus 600 for Vanguard/CRSP.
Is it worth it? If you value the taxes you'll save more than the time you'll spend, go for it.
- Sat Mar 09, 2024 6:06 pm
- Forum: Investing - Theory, News & General
- Topic: Best way to convert multiple stocks to 3-fund portfolio?
- Replies: 22
- Views: 2211
Re: Best way to convert multiple stocks to 3-fund portfolio?
That seems like the correct framing and a reasonable course of action. Making the switch now in March also gives this hypothetical investor over nine months to find opportunities to TLH this year, plus the 13-month loan on the taxes due.
It makes no sense to me to wait for these stocks to lose their gains. There are better than even odds that they will under-perform the market in the mean-time. Would this hypothetical investor prefer to retire later in order to save $9k in LTCG taxes?
- Sat Mar 09, 2024 4:56 pm
- Forum: Investing - Theory, News & General
- Topic: Best way to convert multiple stocks to 3-fund portfolio?
- Replies: 22
- Views: 2211
Re: Best way to convert multiple stocks to 3-fund portfolio?
If you had $191k in cash right now, would you buy this smattering of stocks instead of your preferred allocation?
- Mon Mar 04, 2024 4:35 pm
- Forum: Personal Finance (Not Investing)
- Topic: How to share HR Block tax software with wife
- Replies: 5
- Views: 521
Re: How to share HR Block tax software with wife
Save the HRB23 file to a secure cloud drive shared with her, let her fill out the details and overwrite that file in the cloud drive, then wrap it up on your end.
- Sun Feb 25, 2024 11:21 am
- Forum: Investing - Theory, News & General
- Topic: LMP/TIPS Ladder Pros & Cons Master Thread
- Replies: 71
- Views: 6034
Re: LMP/TIPS Ladder Pros & Cons Master Thread
Yes:AlwaysLearningMore wrote: ↑Sun Feb 25, 2024 11:16 am Does Merton indicate that to qualify as Level 1 income the payments must be *lifetime* inflation-protected income?
Level 1 type income provides inflation-protected income, guaranteed for life, and thus eliminates longevity risk, interest rate risk and inflation risk.
- Sun Feb 25, 2024 10:53 am
- Forum: Investing - Theory, News & General
- Topic: LMP/TIPS Ladder Pros & Cons Master Thread
- Replies: 71
- Views: 6034
Re: LMP/TIPS Ladder Pros & Cons Master Thread
No, I was channelling Merton's article ( Applying Life-cylce economics: And income-oriented DC retirement solution that integrated accumulation and payout phases ), Barry Barnitz ( https://www.bogleheads.org/blog/2016/12/04/a-three-fund-portfolio-tailored-for-stable-retirement-spending/ ) and Vineviz more. I can no longer find Merton's article. I looked at this years ago, conceptually and outlined the SPIA v. TIPS ladder approaches. Here's a link to Merton's "Applying life-cycle economics" paper courtesy his appearance on the Rational Reminder podcast . BobK chimed into grok's series ( and more directly here ) to make Merton's point that a TIPS ladder (Level 2 income) is inferior to an inflation-protected lifetime annuity (Level ...
- Sat Feb 24, 2024 1:10 pm
- Forum: Investing - Theory, News & General
- Topic: LMP/TIPS Ladder Pros & Cons Master Thread
- Replies: 71
- Views: 6034
Re: LMP/TIPS Ladder Pros & Cons Master Thread
For Series I Bonds, isn't the inflation adjustment just paid out as interest and compounded to the principal?protagonist wrote: ↑Sat Feb 24, 2024 12:49 pm I didn't know that....thanks But what about the inflation adjustment (which, for most years, would likely be larger than the interest payment)?
- Sat Feb 24, 2024 1:09 pm
- Forum: Investing - Theory, News & General
- Topic: LMP/TIPS Ladder Pros & Cons Master Thread
- Replies: 71
- Views: 6034
Re: LMP/TIPS Ladder Pros & Cons Master Thread
TheTimeLord, could you expand on your intention in this thread? Is it to discuss the pros and cons of TIPS, or to discuss LMPs using TIPS. We are 20 posts in and I searched and the word "annuity" has yet to show up in any form in any post. I'll take this as a cue to plug Grok's Tips on TIPS ladders as a COLA pension . This year, I started building a TIPS ladder in my TIRA that will (eventually) pull forward my expected Social Security benefit from age 70 to my target retirement age. In the Pro column, I'd add that this makes my fixed income allocation feel more productive because it provides (a) a baseline real income and (b) exposure to long Treasurys with >2% real yields. That's some nice option value over the next few decades.
- Sat Feb 24, 2024 12:13 pm
- Forum: Personal Investments
- Topic: Where to manage a low touch portfolio
- Replies: 41
- Views: 3205
Re: Where to manage a low touch portfolio
FWIW, E*Trade is a good place for a low-touch portfolio (ref. E*Trade as a one stop shop), and the transfer process will probably be smoother than Vanguard's.
- Sat Feb 24, 2024 12:06 pm
- Forum: Personal Investments
- Topic: Heavy Value Tilt Away from Mag 7 stocks
- Replies: 221
- Views: 14197
Re: Heavy Value Tilt Away from Mag 7 stocks
It's only acceptable to tilt away from ex-US stocks, thereby tilting towards Mega-Cap Growth. Every other tilt is heresy and needs to be shouted down.snowday2022 wrote: ↑Sat Feb 24, 2024 7:25 am I think it’s reasonable to tilt to value and Int while also holding lots of TSM index funds. Tons of threads on this. Not sure why everyone is assailing the OP.
- Sun Feb 18, 2024 1:45 pm
- Forum: Personal Investments
- Topic: Help me understand SCHO (Schwab Short-Term US Treasury) ETF...
- Replies: 22
- Views: 2075
Re: Help me understand SCHO (Schwab Short-Term US Treasury) ETF...
It didn't work (i.e. recover NAV) the way you'd expect because the fund doesn't hold its underlying bonds until maturity.
- Sun Feb 11, 2024 12:26 pm
- Forum: Personal Investments
- Topic: What is happening with the SEC Yield for TIPS funds?
- Replies: 15
- Views: 1468
Re: What is happening with the SEC Yiled for TIPS funds?
#Cruncher provides a weekly update of real yields for TIPS funds in Consistent Yield & Duration to Help Choose TIPS Fund. At Friday's close, SCHP's real yield was 2.02%.snowsurfer wrote: ↑Sun Feb 11, 2024 12:22 pm OK, if see the difference. If I check Vanguard's VIPSX (intermediate fund)
https://investor.vanguard.com/investmen ... omposition
it shows duration 6.5 years (comparable to SCHP and TIP) and SEC yield of 2.01% (and average coupon of 1.1%).
I wish TIPS funds were more clear about it. Otherwise it's apples to oranges.
- Sun Feb 04, 2024 10:54 am
- Forum: Personal Finance (Not Investing)
- Topic: Recently laid off from FAANG, should I go work for a non-profit or try to stay?
- Replies: 65
- Views: 9321
Re: Recently laid off from FAANG, should I go work for a non-profit or try to stay?
Here's some anecdata: a former coworker made a similar decision to #1 last year (except for less pay and more intellectual stimulation than difference-making), and he says that he would make the same decision today. The primary opportunity cost here is time with your kids at this age, not the high comp.
You've reached that point. You can afford to downshift to a better job that demands less of your time and energy.
- Fri Feb 02, 2024 1:57 pm
- Forum: Investing - Theory, News & General
- Topic: Lifecycle Investing Challened - Scott Cederburg
- Replies: 83
- Views: 8025
Re: Lifecycle Investing Challened - Scott Cederburg
There's a small minority of investors that can handle a 100% stock portfolio through retirement let alone those that can also stick to a 50/50 US/international allocation their entire lives while avoiding the temptation to adjust things at any point. Imagine being able to strictly stick to a 50/50 US/intl with only rebalancing while faithfully contributing the same % of your income no matter what from age 20 to age 65. Then spending down that in retirement while sticking to the same portfolio no matter what from age 65 to 95. No one in the history of investing has likely ever done that. But it is easy enough to do a computer simulation that does. The bolded assumption is not necessary. Cederburg on the Rational Reminder podcast: As we look...
- Sun Oct 15, 2023 11:15 am
- Forum: Investing - Theory, News & General
- Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
- Replies: 7768
- Views: 1351816
Re: The Final, Definitive Thread on Brokerage Transfer Bonuses
Offer terms state that you have 45 days to bring in $250k and need to maintain at least $250k through day 90, then they'll deposit the bonus within 30 days (i.e. 120 days after enrollment).
- Tue Sep 26, 2023 12:38 pm
- Forum: Investing - Theory, News & General
- Topic: Case Study: Broker speed of dividend payments
- Replies: 108
- Views: 28023
Re: Case Study: Broker speed of dividend payments
Probably not intra-day. Last week's VXUS dividend didn't credit until after hours (definitely too late to ACH out that day). Fidelity and Wells Trade both credited before the open.livesoft wrote: ↑Tue Sep 26, 2023 12:24 pm Now that one my TDAmeritrade accounts have been transferred to Schwab I can report that Schwab is very slow on reporting today's VTI dividend.
[...]
Schwab has not reported the dividend as of 13:21 Eastern. I'll edit this when I notice it. However, Schwab reported an AVUV dividend after 11 am today, so not completely terrible.
It's interesting that Schwab credits Avantis dividends earlier. I wonder if that's due to (a) lower volume, (b) slower communication from the fund, or (c) something else.
- Fri Sep 15, 2023 6:43 pm
- Forum: Investing - Theory, News & General
- Topic: Berkshire Hathaway and Dividends
- Replies: 92
- Views: 9044
Re: Berkshire Hathaway and Dividends
That's fine! I suppose "best, easiest to navigate, and easiest to read web site" is in the eye of the beholder.comeinvest wrote: ↑Fri Sep 15, 2023 5:56 pm I couldn't care less, as long as my significant BRK-B position performs well. I'm glad that they don't waste money on web developers or on ESG tasks.
BTW, they have a link for "ESG tasks" on the home page.
- Fri Sep 15, 2023 5:25 pm
- Forum: Investing - Theory, News & General
- Topic: Berkshire Hathaway and Dividends
- Replies: 92
- Views: 9044
Re: Berkshire Hathaway and Dividends
^ It's simple, but it's still a bad website because of the complete lack of information architecture. Why are Charlie's old Wesco updates and the Activision letter given the same weight as current letters and filings?
- Fri Sep 15, 2023 2:41 pm
- Forum: Personal Finance (Not Investing)
- Topic: Approaching mortgage lender to buy out loan?
- Replies: 33
- Views: 2814
Re: Approaching mortgage lender to buy out loan?
With your mortgage, you're paying off principal and interest every month, so you would need to set up a ladder.Rainier wrote: ↑Fri Sep 15, 2023 1:51 pm Since this is obviously impossible for a dozen different reasons, has anyone thought of how to synthetically pull this off? Would buying a now discounted 30 year treasury with the same remaining lifespan as your home loan accomplish the same thing? There has to be a way, in theory to match the outcome.
- Fri Sep 15, 2023 11:05 am
- Forum: Personal Finance (Not Investing)
- Topic: Approaching mortgage lender to buy out loan?
- Replies: 33
- Views: 2814
Re: Approaching mortgage lender to buy out loan?
Step one: go read your mortgage contract.
- Sun Sep 10, 2023 10:38 am
- Forum: Personal Investments
- Topic: Thinking of Departing the Formation [Moving to a financial advisor]
- Replies: 178
- Views: 23663
Re: Thinking of Departing the Formation
You seem like a great candidate for a one-fund portfolio. The TSP appears to have excellent target-date funds, and I'm sure your brokerage has something similar (or a static allocation fund like Vanguard LifeStrategy Funds or iShares Core Allocation ETFs, both of which are covered in the thread above).
- Wed Sep 06, 2023 3:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Alternatives to Chase traditional savings accounts for “Emergency Funds”
- Replies: 50
- Views: 4598
Re: Alternatives to Chase traditional savings accounts for “Emergency Funds”
It's not your fault. There just aren't any good examples. Maybe a ransom, as student suggested, or some other illegal payment.lthenderson wrote: ↑Wed Sep 06, 2023 2:35 pm All fair points that I agree with but with all due respect, you are all missing the point I was making which didn't have anything to do with emergency buying of vehicles. My point was that a true emergency might require a large amount of money quickly that might not be fulfilled by using a credit card, selling off investments, etc. I just used a bad example as you have pointed out.
- Wed Sep 06, 2023 12:55 pm
- Forum: Personal Finance (Not Investing)
- Topic: Alternatives to Chase traditional savings accounts for “Emergency Funds”
- Replies: 50
- Views: 4598
Re: Alternatives to Chase traditional savings accounts for “Emergency Funds”
Buying a new car in an emergency, eh? If I suddenly needed a car last Friday, I would have rented one.lthenderson wrote: ↑Wed Sep 06, 2023 8:35 am I'm sure mileages may vary but our credit cards wouldn't have a big enough limit to say buy a new car in a pinch, nor would our dealer take a credit card without charging us a percentage of the total in fees. But I could transfer money out of my savings into my checking account and write a check for a new car in a matter of minutes. I could do something similar with a money market but it might take a day or two to complete the entire transaction and it might even take longer if on a holiday weekend.
- Tue Sep 05, 2023 3:02 pm
- Forum: Investing - Theory, News & General
- Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
- Replies: 7768
- Views: 1351816
Re: The Final, Definitive Thread on Brokerage Transfer Bonuses
How did they target you? Website, email, other?whodidntante wrote: ↑Tue Sep 05, 2023 2:11 pm I just did a targeted Chase brokerage bonus. Added 200k to an existing account for $625. Public got the bad news about my disloyalty.
- Tue Sep 05, 2023 10:37 am
- Forum: Personal Finance (Not Investing)
- Topic: Alternatives to Chase traditional savings accounts for “Emergency Funds”
- Replies: 50
- Views: 4598
Re: Alternatives to Chase traditional savings accounts for “Emergency Funds”
AFAIK, Chase's self-directed investing platform offers Vanguard money market funds with no fees. You'll end up with the same next-day availability as at Vanguard or other brokerages, though.
Edit: If you want to read what others do, use the search functionality because this topic has been covered many times. Speaking personally, we don't keep a dedicated emergency fund in cash because of sufficient incomes, assets, and credit lines.
Edit: If you want to read what others do, use the search functionality because this topic has been covered many times. Speaking personally, we don't keep a dedicated emergency fund in cash because of sufficient incomes, assets, and credit lines.