Search found 223 matches

by travelogue
Sat Aug 03, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: Used Car Recommendations for Active Retired Couple
Replies: 31
Views: 2060

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: 1021

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: 2001

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: 3216

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: 1622

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: 1622

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: 3739

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: 2300

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: 19126

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: 3908

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: 284165

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: 3908

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: 3908

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: 3908

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: 3908

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: 1937

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: 325

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: 325

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: Ray Dalio’s latest fearmongering round
Replies: 165
Views: 20929

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: 57
Views: 3478

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: 2152

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: 2152

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.
by travelogue
Wed Jul 17, 2019 9:59 am
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 2152

Re: Counseling a Colleague About Their Financial Advisor

Most of their portfolio is in the TSP, so I don’t think that’s possible. I highly doubt the advisor is a fiduciary. She was interested in the Morningstar podcast linked above, so that might help.
by travelogue
Wed Jul 17, 2019 9:33 am
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 2152

Re: Counseling a Colleague About Their Financial Advisor

I would guess over $1.5M of assets.
by travelogue
Wed Jul 17, 2019 8:28 am
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 2152

Re: Counseling a Colleague About Their Financial Advisor

This Morningstar Long View podcast is a timely addition to the conversation. A good listen on choosing a financial advisor. Rick gets a nice mention.

https://www.morningstar.com/articles/93 ... i-was-nuts
by travelogue
Tue Jul 16, 2019 3:10 pm
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 2152

Re: Counseling a Colleague About Their Financial Advisor

Taylor, well said. Thank you, and I agree. Maybe I’ll buy a copy and leave it on her chair with a little note that I enjoyed and learned from the book.
by travelogue
Tue Jul 16, 2019 3:07 pm
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 2152

Re: Counseling a Colleague About Their Financial Advisor

Good words of caution. I’m thinking a very light touch. Just the fact that there are advisors that charge by the hour rather than percentage and something simple on strategic asset allocation and basta. Even though the ideas we generally subscribe to here are basically simple, they are challenging t...
by travelogue
Tue Jul 16, 2019 2:41 pm
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 2152

Counseling a Colleague About Their Financial Advisor

A colleague was chatting with me and mentioned she and her husband are thinking about changing financial advisors. I don’t have all the details, but it appears the advisor charges a fee of 1% of their assets. He doesn’t hold or manage their assets, he just gives advice. My colleague mentioned she us...
by travelogue
Tue Jul 16, 2019 1:29 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 106
Views: 8677

Re: Switching from passive to active management

Maybe Ritholtz? https://ritholtzwealth.com/ What We Do FINANCIAL PLANNING. The core of what we do for high net worth clients, pension funds, corporations, retirement plans and charitable foundations is guiding them toward their financial goals. ASSET MANAGEMENT. We believe in low-cost, simple invest...
by travelogue
Mon Jul 15, 2019 11:34 pm
Forum: Personal Investments
Topic: VOO vs bonds
Replies: 62
Views: 3302

Re: VOO vs bonds

Honestly this really sucks. My Dad used to complain that he only got 5% on bonds and that it was 14% in 1990. Now, it's jack. Not to be negative but it actually does suck right.now. You might find this article somewhat interesting. What Caused the Decline in Long-term Yields? Economic Research Depa...
by travelogue
Mon Jul 15, 2019 4:43 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 106
Views: 8677

Re: Switching form passive to active management

Agree with the above. Bogle’s books, particularly the Little Book of Common Sense Investing (I have the 2e audiobook) and Malkiel’s A Random Walk Down Wall Street. Maybe a fee for service consultation with an independent fiduciary advisor plus an estate planning attorney? You could also move to some...
by travelogue
Tue Jul 09, 2019 7:36 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 19738

Re: Larry Swedroe: The Historical Imperative For International Diversification

I’ve thought of that. 2 potential problems (for me). 1.) ETF would tempt me way to much to trade, but more importantly, I struggle with holding emerging markets. I have debated FFNOX as it has my beloved S&P 500 (FXAIX) 48%, Extended market (FSMAX) 12%, MSCI-EAFE international (FSPSX) 25% and Total...
by travelogue
Mon Jul 08, 2019 1:38 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Historical Imperative For International Diversification
Replies: 347
Views: 19738

Re: Larry Swedroe: The Historical Imperative For International Diversification

At some point, the idea of naïve diversification becomes completely illogical. I recently had this thought as I was struggling with how to think about diversification. Obviously, diversity for diversity's sake can’t be the answer. It’s diversification across and asset allocation among asset classes...
by travelogue
Mon Jul 01, 2019 5:30 pm
Forum: Personal Investments
Topic: Vanguard Money Market for Savings
Replies: 9
Views: 1468

Re: Vanguard Money Market for Savings

I believe that at ~78% federal debt obligations all states will and must exempt that portion of VMFXX yield from taxation. California, Connecticut, and New York require that 50% of the fund’s assets at each quarter-end within the tax year consist of U.S. government obligations.
by travelogue
Mon Jul 01, 2019 3:57 pm
Forum: Personal Investments
Topic: tax efficient money market funds
Replies: 23
Views: 3298

Re: tax efficient money market funds

If you can’t meet the $50k minimum for VUSXX, VMFXX is just under 80% exempt from state taxes.

https://advisors.vanguard.com/iwe/pdf/F ... 012019.pdf
by travelogue
Mon Jul 01, 2019 3:50 pm
Forum: Personal Investments
Topic: Vanguard Money Market for Savings
Replies: 9
Views: 1468

Re: Vanguard Money Market for Savings

VMFMX, Vanguard’s settlement fund, is about 80% state-tax exempt. It’s a great place to park cash and a perfectly reasonable (in many ways superior) alternative to a high yield online savings account.
by travelogue
Thu Jun 27, 2019 9:29 am
Forum: Personal Investments
Topic: Stock / Bond Allocation Sweet Spot
Replies: 26
Views: 2378

Re: Stock / Bond Allocation Sweet Spot

Here's another toy to play with from Research Affiliates. I make no warrants as to its utility or accuracy, but it's kind of interesting. They basically project domestic assets to remain almost flat in real terms over the next decade. https://interactive.researchaffiliates.com/asset-allocation#!/?cu...
by travelogue
Thu Jun 27, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Any insurance beating USAA?
Replies: 42
Views: 3262

Re: Any insurance beating USAA?

GEICO has been a good option for us.
by travelogue
Thu Jun 27, 2019 9:12 am
Forum: Investing - Theory, News & General
Topic: Josh Brown on "The Long View" podcast
Replies: 9
Views: 1394

Re: Josh Brown on "The Long View" podcast

Whether 1.25% is a ripoff just depends on the value the clients are getting. Is it a ripoff for someone to hire a personal trainer to help them get fit when they could lift the exact same weights and run on the same treadmill at the YMCA for 1/10th the expense? In theory… (I have no opinion on their...
by travelogue
Wed Jun 26, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Ally savings acct lowers rate by 10 bps to 2.1%
Replies: 40
Views: 5945

Re: Ally savings acct lowers rate by 10bp to 2.1%

Looks like Wealthfront Cash is still at 2.51% APR and VMFXX has a 2.29% 7-day SEC yield.

But yeah. So much for the rising rate environment (for now).
by travelogue
Tue Jun 25, 2019 7:22 am
Forum: Personal Investments
Topic: 60K to invest
Replies: 8
Views: 1312

Re: 60K to invest

Do they have an emergency fund? This would be good for that. Just throw it into VUSXX?
by travelogue
Mon Jun 24, 2019 10:11 am
Forum: Personal Investments
Topic: Worried about the future/not saving enough
Replies: 39
Views: 5312

Re: Worried about the future/not saving enough

Agree on taking a hard look at car expenses. We’re in a HCOL area but partially offset that by my using public transportation for daily commute. We only have one fully paid off car and even with three kids it usually works. When we get in a transportation bind we fall back on Uber/Lyft, Zipcar, or r...
by travelogue
Sun Jun 23, 2019 6:05 pm
Forum: Personal Investments
Topic: Worried about the future/not saving enough
Replies: 39
Views: 5312

Re: Worried about the future/not saving enough

In addition to all above, the Bigger Pockets Money podcast has some good episodes on crushing debt. Can be good for inspiration, ideas, and hearing what’s possible.

https://www.biggerpockets.com/moneyshow
by travelogue
Sun Jun 23, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Which Fed Employee Health Insurance Plan?
Replies: 39
Views: 2711

Re: Which Fed Employee Health Insurance Plan?

We find Kaiser to offer a good value if that’s available in your area.
by travelogue
Sun Jun 23, 2019 12:30 am
Forum: Personal Investments
Topic: Advantage of T-bills?
Replies: 20
Views: 2360

Re: Advantage of T-bills?

Thanks. I stand corrected. I like Morningstar data but in this case it was confusing: it stated .42% Gov and 85.66% Cash & Equivalents. That 85.66% must be very short T-bills. Issuer % of fund U.S. Govt. Obligations 46.6% U.S. Treasury Bills 35.9% Repurchase Agreements 17.5% Bankers Acceptances 0.0%
by travelogue
Sun Jun 23, 2019 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Experience with Synchrony savings accounts?
Replies: 40
Views: 2910

Re: Experience with Synchrony savings accounts?

I currently have my emergency fund in a Fidelity CMA account invested in SPRXX. Maybe I should move some of it to Ally or Synchrony. Vanguard money market funds with US Treasury obligations are worth considering (VUSXX and VMFXX). The Schwab and Fidelity funds aren't as good. Better tax treatment t...
by travelogue
Sat Jun 22, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Experience with Synchrony savings accounts?
Replies: 40
Views: 2910

Re: Experience with Synchrony savings accounts?

I currently have my emergency fund in a Fidelity CMA account invested in SPRXX. Maybe I should move some of it to Ally or Synchrony. Vanguard money market funds with US Treasury obligations are worth considering (VUSXX and VMFXX). The Schwab and Fidelity funds aren't as good. Better tax treatment t...
by travelogue
Sat Jun 22, 2019 11:04 am
Forum: Personal Investments
Topic: Fidelity Balanced Fund
Replies: 20
Views: 2177

Re: Fidelity Balanced Fund

We need the info mentioned above, but (generically) FFNOX (Fidelity® Four-in-One Index Fund) would have a lower ER (at 0.11%) and is worth considering. Something like AOM (iShares Core Moderate Allocation ETF) could be an option. However, the bond yields are going to be a drag in a taxable account. ...
by travelogue
Sat Jun 22, 2019 10:40 am
Forum: Personal Investments
Topic: Confused with the markets
Replies: 47
Views: 4530

Re: Confused with the markets

It looks like a sound plan. Stick to it. This will absolutely be the key. Once you make the leap, Murphy's Law may well kick in and the market will drop. You'll feel terrible. You'll feel like a dummy. You'll want to kick yourself and jump back to cash because it'll get worse and (I knew it!) you g...
by travelogue
Sat Jun 22, 2019 10:15 am
Forum: Personal Investments
Topic: Advantage of T-bills?
Replies: 20
Views: 2360

Re: Advantage of T-bills?

If it's more than $50k, Vanguard VUSXX might be an easy way to handle this without managing it yourself through Treasury Direct. Otherwise Vanguard VMFXX is worth considering.

Nothing wrong with doing it manually, but I find Treasury Direct quite clunky.