Search found 251 matches

by travelogue
Sat Jun 27, 2020 12:07 pm
Forum: Personal Investments
Topic: Fidelity Money Market Fund suggestions?
Replies: 23
Views: 1515

Re: Fidelity Money Market Fund suggestions?

Gotta take more risk to get any return. Ultra short bond funds such as: JPST VUBFX ICSH GST SHV There are many... This was going to be my suggestion. I split a part of my eFund, which I hold at Vanguard, into JPST and ISCH. They are subject to some volatility (but so far not too much) during extrem...
by travelogue
Thu Jun 04, 2020 10:37 pm
Forum: Personal Investments
Topic: Considering Replacing Wellington
Replies: 16
Views: 2191

Re: Considering Replacing Wellington

OP, Why do you think that you know something about the future? If not, why do you believe your selection of the stock fund and the bond fund will beat the actively managed Wellington fund? That is the question that you need to answer for yourself. I keep 40% of my portfolio in the Wellington fund. ...
by travelogue
Thu Jun 04, 2020 8:49 pm
Forum: Personal Investments
Topic: Thrift Savings Plan (TSP) - Son leaving the military
Replies: 28
Views: 1459

Re: Thrift Savings Plan (TSP) - Son leaving the military

The TSP is great. Don’t close it. G Fund alone is worthwhile. The lifecycle funds are also good. Low fees all around. ERISA only governs private sector retirement plans. TSP, as a federal government plan, has its own rules. Some of these are better than ERISA and some are just different. https://www...
by travelogue
Thu Jun 04, 2020 8:32 pm
Forum: Personal Investments
Topic: Considering Replacing Wellington
Replies: 16
Views: 2191

Re: Considering Replacing Wellington

I just mentioned I Bonds in another thread. You might consider a yearly allocation to them if this is in a taxable account. Based on the research I’ve done they have the protection against unexpected inflation of TIPS with less drawbacks. $10,000/year per SSN (so $20k if you are married, I think?). ...
by travelogue
Thu Jun 04, 2020 8:20 pm
Forum: Personal Investments
Topic: Where would you put this money?
Replies: 5
Views: 923

Re: Where would you put this money?

Another idea would be I Bonds. Need to make sure you won’t need the cash in less than a year. Lots of threads on their benefits if you search the forum. I have a taxable equity account, but that’s not in my savings or eFund bucket. Agreed that’s it’s mental accounting and I could (and would) sell if...
by travelogue
Thu Jun 04, 2020 8:05 pm
Forum: Personal Investments
Topic: Where would you put this money?
Replies: 5
Views: 923

Re: Where would you put this money?

I hold some of my emergency fund at Vanguard, which has probably the best money market funds on the planet. However, even VMFXX is only yielding 0.19% at the moment, which is sadly far below even the shrunken yields of online savings accounts. Because, for reasons of personal preference, I’d like to...
by travelogue
Sat Mar 28, 2020 10:46 pm
Forum: Personal Investments
Topic: Does anyone use a one fund portfolio?
Replies: 34
Views: 3073

Re: Does anyone use a one fund portfolio?

I highly recommend 1 fund to those who have trouble seeing their balances fall during crashes as the fund will hide the magnitude of how much stocks have dropped to some degree. Isn't that the biggest disadvantage? You won't be able to rebalance or supplement the lagging segments. It’s the biggest ...
by travelogue
Sat Mar 28, 2020 10:32 pm
Forum: Personal Investments
Topic: Does anyone use a one fund portfolio?
Replies: 34
Views: 3073

Re: Does anyone use a one fund portfolio?

Of course the target date index funds are great as well. Or maybe VGWLX — I have an allocation to this fund and hope the ER decreases as AUM goes up. On the ETF side, AOM/AOK/AOA could be an option.
by travelogue
Thu Jan 30, 2020 12:35 pm
Forum: Investing - Theory, News & General
Topic: What to pair with NTSX?
Replies: 223
Views: 16088

Re: What to pair with NTSX?

Since NTSX has a domestic equity allocation, why not something like VXUS or IXUS (total market ex-us) for international exposure, or a more risk (and hopefully return) oriented allocation like EFV (EAFE value) and SCHE or VWO (emerging markets). I've held some EFV for a long time. Sure wish I hadn'...
by travelogue
Thu Jan 30, 2020 12:28 pm
Forum: Investing - Theory, News & General
Topic: James Montier (Emerging Markets vs US)
Replies: 35
Views: 1914

Re: James Montier (Emerging Markets vs US)

I want to like the FRDM emerging markets index ETF, which holds 100 securities from “countries that support life, liberty, and property rights.” Under those criteria, you exclude places like China and Russia. My heart wants this to be a smart and successful strategy that aligns with my values. My co...
by travelogue
Thu Jan 30, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: What to pair with NTSX?
Replies: 223
Views: 16088

Re: What to pair with NTSX?

Since NTSX has a domestic equity allocation, why not something like VXUS or IXUS (total market ex-us) for international exposure, or a more risk (and hopefully return) oriented allocation like EFV (EAFE value) and SCHE or VWO (emerging markets).
by travelogue
Thu Jan 30, 2020 11:49 am
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 180
Views: 17282

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Not available yet in my accounts either on the web or mobile apps.
by travelogue
Wed Jan 22, 2020 12:57 pm
Forum: Investing - Theory, News & General
Topic: ETF to Hold for 50 Years
Replies: 118
Views: 10591

Re: ETF to Hold for 50 Years

I've thought about moving to Fidelity and just use their zero funds. One of the reasons I’m going through this (admittedly somewhat artificial) thought experiment is that I have Fidelity Zero funds in two kids’ UTMA accounts. I’d leave the money there if they were tax advantaged accounts, but I was...
by travelogue
Tue Jan 21, 2020 5:20 pm
Forum: Investing - Theory, News & General
Topic: ETF to Hold for 50 Years
Replies: 118
Views: 10591

Re: ETF to Hold for 50 Years

hdas wrote:
Tue Jan 21, 2020 1:40 pm
Perhaps ACWV. Cheers :greedy
Yep, this is another ticker on my list. Thanks.

PS: ACWV is the iShares Edge MSCI Min Vol Global ETF.
by travelogue
Tue Jan 21, 2020 3:09 pm
Forum: Investing - Theory, News & General
Topic: ETF to Hold for 50 Years
Replies: 118
Views: 10591

Re: ETF to Hold for 50 Years

VT and NTSX equal parts US Stocks 75% Ex US stocks 20% Treasury Futures 5% (exposure 30%) Funny you mention NTSX (WisdomTree 90/60 U.S. Balanced Fund) as I’ve been adding some as a part of the portfolio in one of our UTMA accounts. (See Bogleheads thread here for more than you ever wanted to know a...
by travelogue
Tue Jan 21, 2020 10:59 am
Forum: Investing - Theory, News & General
Topic: ETF to Hold for 50 Years
Replies: 118
Views: 10591

ETF to Hold for 50 Years

If you had to pick an ETF to hold in trust for 50 years for a person who is currently a teenager, what would it be? Volatility doesn’t matter, as no one will be tracking the performance. It’s sitting in a figurative black box. Dividends would be reinvested. Let’s assume it’s a taxable account so tax...
by travelogue
Sun Jan 19, 2020 4:37 pm
Forum: Personal Investments
Topic: Small Investment
Replies: 5
Views: 453

Re: Small Investment

In the TSP, the G Fund is your default for safety. It won't lose value and its yield keeps up with longer maturity government bonds. Given your time horizon, something like the L2030 or a mix of L2040 and L2030 funds would significantly lower the risk of your portfolio. You'd have much more downside...
by travelogue
Sat Jan 18, 2020 11:57 pm
Forum: Personal Investments
Topic: Emergency Fund In Taxable Account?
Replies: 34
Views: 5418

Re: Emergency Fund In Taxable Account?

whodidntante wrote:
Sat Jan 18, 2020 1:03 pm
I keep my emergingcy fund in emerging markets value stocks. :happy
Diversify. Add TVIX, Bitcoin, and some leveraged forex.
by travelogue
Sat Jan 18, 2020 11:35 am
Forum: Personal Investments
Topic: Emergency Fund In Taxable Account?
Replies: 34
Views: 5418

Re: Emergency Fund In Taxable Account?

VMFXX is fully taxable at the federal level so it still performs worse than HY savings even after tax and isn't FDIC insured. It depends. Ally is currently paying 1.6% APR and VMFXX has an SEC yield of 1.55%. Depending on your state tax rate, VMFXX could come out ahead. Either way, seems like a was...
by travelogue
Sat Jan 18, 2020 10:12 am
Forum: Personal Investments
Topic: Emergency Fund In Taxable Account?
Replies: 34
Views: 5418

Re: Emergency Fund In Taxable Account?

Don't forget Vanguard's Federal Money Market Fund (VMFXX) when set as the default sweep fund for a Vanguard brokerage account. Good yield for a MMF and a bit of tax efficiency as most of its holdings are tax-exempt at the state level (if that matters to you).
by travelogue
Sat Jan 18, 2020 9:51 am
Forum: Personal Investments
Topic: Need a taxable fund for father
Replies: 14
Views: 761

Re: Need a taxable fund for father

Unless this is money he won't need to touch for an extended period, I tend to agree with @RickBoglehead, above. I'd at least start with Vanguard's default VMFXX money market sweep fund. It's one of the best MMFs around, and a good place to keep contingency cash. Edit : If he's adamant about investin...
by travelogue
Sun Dec 29, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: SECURE Act - 529 Plans
Replies: 45
Views: 5930

Re: Paying Spouse's Student Loans with 529

One possible snag, it seems -- we need to see whether MD will allow a deduction for this kind of distribution.

https://www.cnbc.com/2019/12/27/you-may ... -debt.html
by travelogue
Sun Dec 29, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: SECURE Act - 529 Plans
Replies: 45
Views: 5930

Paying Spouse's Student Loans with 529

[Merged into ongoing discussion -- moderator oldcomputerguy] As I understand it, provisions of the SECURE Act, which was signed into law on December 20, expanded the definition of a "qualified higher education expanse" to include amounts paid as principal or interest on any qualified education loan...
by travelogue
Thu Dec 26, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: Chris Brightman Cookbook Portfolio
Replies: 5
Views: 479

Re: Chris Brightman Cookbook Portfolio

I added a couple of possible tickers in red below. Any additional thoughts or suggestions welcome. Equity: US Equities (SCHB, ITOT, VTI) Developed ex US Equities (SCHF) Emerging market equities (SCHE) Real Assets: REITs (SCHH) Commodities Government Bonds: TIPS (SCHP) Treasuries (SCHR) Credit: Bank ...
by travelogue
Mon Dec 23, 2019 2:41 pm
Forum: Investing - Theory, News & General
Topic: Chris Brightman Cookbook Portfolio
Replies: 5
Views: 479

Re: Chris Brightman Cookbook Portfolio

1789 wrote:
Mon Dec 23, 2019 2:37 pm
I dont know the person. I would think below should be good enough depending on one's AA

Equity:
US Equities (SCHB, ITOT, VTI)

Government Bonds
Treasuries (SCHR)
If I was going to go ultra-simple, I'd probably use a total world equity ETF like VT along with something like SCHZ, AGG, or BND.
by travelogue
Mon Dec 23, 2019 2:31 pm
Forum: Investing - Theory, News & General
Topic: Chris Brightman Cookbook Portfolio
Replies: 5
Views: 479

Chris Brightman Cookbook Portfolio

On a recent podcast with Meb Faber (https://overcast.fm/+G1DW95r7A/53:20), Chris Brightman (CIO, Research Affiliates) described a recipe for a portfolio he recommends to his kids. If my notes are correct, he described the ten-ETF portfolio (at Schwab, FWIW) as follows. 30% equity 20% real assets 30%...
by travelogue
Sun Nov 10, 2019 10:32 pm
Forum: Investing - Theory, News & General
Topic: TSP 3-Funds or TSP Target Date Fund?
Replies: 67
Views: 5049

Re: TSP 3-Funds or TSP Target Date Fund?

If 80% stock and 20% G fund has the same risk as 75% stock and 25% F fund, then the G fund gives a better portfolio return at the same risk level. Are these just random numbers or is 80/20 roughly the same risk as 75/25, more or less, as you write here? The TSP's models must imply a significant cor...
by travelogue
Tue Oct 22, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: USMV - Hidden Risks?
Replies: 2
Views: 670

USMV - Hidden Risks?

I like the theory behind the low volatility anomaly and the sector constraints implemented by USMV (iShares MCSI Min Vol US ETF). However, I worry there may be risks building up in this ETF, in particular valuations (weighted PE of 23.96 at the moment). Any thoughts would be appreciated.
by travelogue
Sat Aug 03, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: Used Car Recommendations for Active Retired Couple
Replies: 31
Views: 2376

Re: Used Car Recommendations for Active Retired Couple

Forget about GPS. Use Google Maps on your smartphone. It's a better navigation system than every single factory GPS I've ever used. What prevents me from using my android/Google is that I still can't figure out how to download maps, points of interest, etc. in one step for all of North America in o...
by travelogue
Wed Jul 31, 2019 9:20 pm
Forum: Investing - Theory, News & General
Topic: Does TSP’s S + C Funds = Total Stock Market?
Replies: 11
Views: 1202

Re: Does TSP’s S + C Funds = Total Stock Market?

wassabi wrote:
Wed Jul 31, 2019 8:57 pm
Is the F fund less volatile than the G fund?
Precisely the opposite. The G fund has basically no volatility other than its rate of return. It doesn’t lose nominal value. Think money market fund.
by travelogue
Wed Jul 31, 2019 5:52 am
Forum: Personal Investments
Topic: Investing large windfall
Replies: 14
Views: 2192

Re: Investing large windfall

My standard idea for parking funds while you take your time: Vanguard brokerage account with VUSXX. A forum search can yield reasons. Good luck with your journey!
by travelogue
Sun Jul 28, 2019 2:02 pm
Forum: Investing - Theory, News & General
Topic: ETF "Tax Efficiency" Quantified
Replies: 57
Views: 3828

Re: ETF "Tax Efficiency" Quantified

To be fair, some of the SPDR ETFs have struggled with tax efficiency due to their legal structure and SLYV is one of those. Thankfully there are similar ETFs from iShares and Vanguard which track the same index and don't have those struggles: neither IJS and VIOV has had any capital gain distributi...
by travelogue
Sun Jul 28, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: The case for small cap value - Ben Felix video
Replies: 26
Views: 2181

Re: The case for small cap value - Ben Felix video

Do you think there's merit in this assertion? I don't think so. That blog post was more rant than informed analysis, IMHO, and his criticisms are all over the map: picking details from a seemingly random assortment of indexes. Thanks. Do you think that the S&P SmallCap 600 Value Index reasonably ca...
by travelogue
Sun Jul 28, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: The case for small cap value - Ben Felix video
Replies: 26
Views: 2181

Re: The case for small cap value - Ben Felix video

38% of the Russell 2000 companies have no net income. The Russel 2000 with its debt burdened companies will be slaughtered very soon. Hmm. Interesting. This blog post (The Problem with Small-Cap Value Indexes) , for example, proposes that: If you define “value,” as MSCI does, as a combination of lo...
by travelogue
Sun Jul 28, 2019 9:26 am
Forum: Personal Investments
Topic: Midlife investing crisis? At a crossroads; need book advice.
Replies: 33
Views: 3863

Re: Midlife investing crisis? At a crossroads; need book advice.

Not the book you asked for, but maybe a book you would get something out of during this crossroads period. I find it very down to earth and actionable. The Daily Stoic: 366 Meditations on Wisdom, Perseverance, and the Art of Living I actually listen to a chapter each day via the Audible audiobook --...
by travelogue
Sun Jul 28, 2019 1:40 am
Forum: Personal Investments
Topic: Regression to Mean - whats the next Armageddon for stocks?
Replies: 22
Views: 2374

Re: Regression to Mean - whats the next Armageddon for stocks?

Can you discern a pattern that projects the timing of a "regression to the mean"? I can't. Lots of volatility, but it looks to me like there’s a rising trend line with valuations making higher highs and higher lows (with some violent plunges along the way). Might be interesting to see a moving aver...
by travelogue
Fri Jul 26, 2019 11:54 am
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 183
Views: 21507

Re: Do you buy new or used cars?

I used to lease until buying CPO for my current car. Really come out ahead this way. This is what I’ve been thinking of doing with a Honda or Toyota purchase for our next car. They really hold their value, so three year depreciation is not that much. It seems that would make the lease affordable. T...
by travelogue
Wed Jul 24, 2019 10:39 pm
Forum: Personal Investments
Topic: new windfall: investment questions
Replies: 22
Views: 4204

Re: new windfall: investment questions

I'm going to park my money in VUSXX. Purchasing that fund in my non-retirement account won't cause any problems or incur add'l taxes, compared to creating a new account just for the VUSXX, will it? Seems to me the same account should be fine. Or you could open a new one if that helps you organize t...
by travelogue
Wed Jul 24, 2019 8:24 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 400486

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

WS1 wrote:
Wed Jul 24, 2019 8:20 am
This thread got a brief mention on the latest episode of the Animal Spirits podcast. I guess the party's over
Overcast link to segment: https://overcast.fm/+K6GE8vNhA

(Seems it’s not up at their blogs yet.)
by travelogue
Wed Jul 24, 2019 7:03 am
Forum: Personal Investments
Topic: new windfall: investment questions
Replies: 22
Views: 4204

Re: new windfall: investment questions

Bonds in taxable is not the best place. I’d switch that to a muni fund Munis in the 12% tax bracket? :wink: True, but then again, that hopefully changes soon (in the form of rising income). Career is stalled, hoping to increase work income, currently freelancing and in 12% tax bracket. No debt, CA ...
by travelogue
Wed Jul 24, 2019 12:03 am
Forum: Personal Investments
Topic: new windfall: investment questions
Replies: 22
Views: 4204

Re: new windfall: investment questions

I would park and hold in VUSXX at Vanguard and take some time to think about your options. After doing some digging around here, looks like VMFXX might be better, with partial tax exemption in CA. Question: I see that I can add this to my non-Roth IRA, or should I start a new account at Vanguard? I...
by travelogue
Mon Jul 22, 2019 1:16 pm
Forum: Personal Investments
Topic: new windfall: investment questions
Replies: 22
Views: 4204

Re: new windfall: investment questions

... Also at Vanguard, I have a non-IRA account, with (Rick Ferri) Core Four: VBTLX (40%,total bond market), VFWAX (15%, int'l), VGSLX (10%, real estate), VTSAX (35%, U.S.total). ... 2) Any thoughts on my Core Four? 3) Any legal way to get more than $7k in the Roth, or any way to minimize taxes for ...
by travelogue
Mon Jul 22, 2019 1:12 pm
Forum: Personal Investments
Topic: new windfall: investment questions
Replies: 22
Views: 4204

Re: new windfall: investment questions

I would park and hold in VUSXX at Vanguard and take some time to think about your options. Here’s the Wiki page: https://www.bogleheads.org/wiki/Managing_a_windfall * You could keep some in a CA Muni fund like VCLAX in taxable. * You could keep some in a broad market fund in taxable. * You could bac...
by travelogue
Mon Jul 22, 2019 6:26 am
Forum: Investing - Theory, News & General
Topic: Personal Capital
Replies: 18
Views: 2409

Re: Personal Capital

Not defending PC (which, at any rate per jsprag above, appears to have a more nuanced strategy), but don’t many fund of funds rebalance daily?
by travelogue
Sat Jul 20, 2019 10:12 am
Forum: Investing - Theory, News & General
Topic: Fidelity Freedom Index 2065
Replies: 2
Views: 426

Re: Fidelity Freedom Index 2065

David Jay wrote:
Sat Jul 20, 2019 10:09 am
Every 5 years...
I was also thinking of the other index funds they recently rolled out.
by travelogue
Sat Jul 20, 2019 9:20 am
Forum: Investing - Theory, News & General
Topic: Fidelity Freedom Index 2065
Replies: 2
Views: 426

Fidelity Freedom Index 2065

Hadn't seen this posted here yet. Fidelity recently opened FFIJX (Fidelity Freedom Index 2065) with an ER of 0.12% and no minimum investment. Inception date was 6/28/2019. Guess there's not much difference from the 2060 fund for years to come, but good to see Fidelity rolling out these low ER index ...
by travelogue
Fri Jul 19, 2019 6:36 am
Forum: Investing - Theory, News & General
Topic: [Deleted]
Replies: 176
Views: 27136

Re: Ray Dalio’s latest fearmongering round

Another complication to the “buy physical gold” strategy: apparently safe deposit boxes aren’t really that safe.

https://www.nytimes.com/2019/07/19/busi ... -ios-share
by travelogue
Thu Jul 18, 2019 3:25 pm
Forum: Investing - Theory, News & General
Topic: TSP 3-Funds or TSP Target Date Fund?
Replies: 67
Views: 5049

Re: TSP 3-Funds or TSP Target Date Fund?

I like using the L funds for the bulk of my holdings and then adding a little extra allocation to individual funds to suit my AA. That way most of my portfolio is automatically rebalanced and on a glide path but I can tweak around the margins.
by travelogue
Wed Jul 17, 2019 1:05 pm
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 2295

Re: Counseling a Colleague About Their Financial Advisor

Here's an ongoing thread on the same scenario but with Edward Jones, the same comments apply here: Interesting reading. Edward Jones: Trap https://www.bogleheads.org/forum/viewtopic.php?f=1&t=233308 The comments and thread could apply to other FA's, etc. Perhaps forward the link to your friends so ...
by travelogue
Wed Jul 17, 2019 12:29 pm
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 2295

Re: Counseling a Colleague About Their Financial Advisor

Hi folks. No need to get cross. I’m staying out of it and (as mentioned above) for sure don’t have all the details. Thanks for constructive insights.