Search found 2041 matches

by UpperNwGuy
Mon Jun 24, 2019 9:53 pm
Forum: Investing - Theory, News & General
Topic: Dollar General
Replies: 21
Views: 1704

Re: Dollar General

My daughter and her family live in rural America. There's a Dollar General about half a mile from their house. They never shop there because of poor selection, lower quality goods, and dubious freshness of food items. Instead they drive 15-20 miles to a major highway that has Harris Teeter, Target, ...
by UpperNwGuy
Fri Jun 21, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 154
Views: 11235

Re: what was your worst major purchase mine is a 2019 mazda3

ohai wrote:
Fri Jun 21, 2019 1:59 pm
Emerging Market funds. What a joke these have been. Finally, I sold everything international in 2018 and went all-in on the US, the only real investable country lately.
I still have my international mutual fund holding, but I agree that it has been one of my worst major purchases.
by UpperNwGuy
Fri Jun 21, 2019 2:16 pm
Forum: Investing - Theory, News & General
Topic: The End of Passive Investing?
Replies: 55
Views: 4787

Re: The End of Passive Investing?

neurosphere wrote:
Fri Jun 21, 2019 1:51 pm
we'll never get to the situation where the popularity of indexing negates the benefits of indexing for the typical investor. :beer
This is my belief, too.
by UpperNwGuy
Fri Jun 21, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: The problem in retirement we rarely discuss [what to do with stock funds]
Replies: 58
Views: 5603

Re: The problem in retirement we rarely discuss [what to do with stock funds]

nisiprius wrote:
Fri Jun 21, 2019 9:52 am
Take the money out as you need it and pay the taxes on it. What other plan could there possibly be? What other plan could there possibly ever have been?

If the "problem" is "I don't want to pay any taxes, ever," there is no solution.
Well stated!
by UpperNwGuy
Fri Jun 21, 2019 8:00 am
Forum: Investing - Theory, News & General
Topic: The End of Passive Investing?
Replies: 55
Views: 4787

Re: The End of Passive Investing?

SmilerUK wrote:
Fri Jun 21, 2019 6:09 am
Is passive investing reaching its hay-day?

(I'm personally considering taking money out now in order to protect myself against future losses... but of course, without passive investing, there's nothing I can go to, as I don't trust active investing either!)
Seriously???
by UpperNwGuy
Fri Jun 21, 2019 6:46 am
Forum: Personal Investments
Topic: Is VGT ETF pointless if you hold Vanguard Total stock Index?
Replies: 20
Views: 1886

Re: Is VGT ETF pointless if you hold Vanguard Total stock Index?

This is the second thread about AI that I have seen this morning. The movie quote that comes to mind is from The Graduate: "there's a great future in plastics."
by UpperNwGuy
Fri Jun 21, 2019 6:33 am
Forum: Investing - Theory, News & General
Topic: The End of Passive Investing?
Replies: 55
Views: 4787

Re: The End of Passive Investing?

Shakespeare wrote a play entitled "Much Ado About Nothing." That title would be equally appropriate for this non-issue.
by UpperNwGuy
Thu Jun 20, 2019 6:32 pm
Forum: Personal Consumer Issues
Topic: Highest % cash back credit card
Replies: 77
Views: 5264

Re: Highest % cash back credit card

If i could do it again, i'd probably rather my wife have a Chase Freedom Unlimited instead of the Citi DC so that we earn Ultimate Rewards points instead of cash back. Why? Are Chase "Ultimate Reward" points greater than 2% cash? I thought I saw the typical math on these points somewhere and it was...
by UpperNwGuy
Thu Jun 20, 2019 6:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard joins ishares in the trillion dollar club
Replies: 4
Views: 1097

Re: Vanguard joins ishares in the trillion dollar club

I wonder what percentage of the iShares ETFs are managed by Fidelity. Hi: Ishares are a product issued by Blackrock. Fidelity does not issue or manage them. The firm offers selected ishares on their brokerage platform at zero commission. Fidelity issues and manages its own suite of ETF's, which are...
by UpperNwGuy
Wed Jun 19, 2019 8:20 pm
Forum: Investing - Theory, News & General
Topic: Indexing VS. buying Berkshire Hathaway stock?
Replies: 34
Views: 2745

Re: Indexing VS. buying Berkshire Hathaway stock?

Why would you want to invest in the stock of a company whose chairman is 88 years old and whose vice chairman is 95 years old? These two have been the primary reasons for the company's success. What happens after they're gone? If you're looking for a long-term, stable investment, Berkshire Hathaway ...
by UpperNwGuy
Wed Jun 19, 2019 7:33 pm
Forum: Investing - Theory, News & General
Topic: Would it cause any problems reinvesting dividends a couple days after they are paid?
Replies: 14
Views: 870

Re: Would it cause any problems reinvesting dividends a couple days after they are paid?

iamblessed wrote:
Wed Jun 19, 2019 7:18 pm
No wash sale if the fund is down?
Are you selling? You didn't mention selling.
by UpperNwGuy
Wed Jun 19, 2019 7:31 pm
Forum: Investing - Theory, News & General
Topic: Would it cause any problems reinvesting dividends a couple days after they are paid?
Replies: 14
Views: 870

Re: Would it cause any problems reinvesting dividends a couple days after they are paid?

iamblessed wrote:
Wed Jun 19, 2019 6:16 pm
Some in the same fund some in another fund.
This is exactly what I do.
by UpperNwGuy
Wed Jun 19, 2019 7:25 pm
Forum: Personal Consumer Issues
Topic: Xfinity broadband: should I try to negotiate a better deal?
Replies: 39
Views: 3412

Re: Xfinity broadband: should I try to negotiate a better deal?

OP, if you are in an apartment building, go talk to your property manager. Usually they can give you the name and phone number of the cable company's rep for the building. That rep has a vested interest in seeing the residents of the building stay connected and can help work out a deal for you. I wo...
by UpperNwGuy
Wed Jun 19, 2019 4:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard joins ishares in the trillion dollar club
Replies: 4
Views: 1097

Re: Vanguard joins ishares in the trillion dollar club

I wonder what percentage of the iShares ETFs are managed by Fidelity.
by UpperNwGuy
Wed Jun 19, 2019 4:27 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 20
Views: 2085

Re: 1-fund, 2-fund or 3-fund portfolio?

I would go with the 3 fund portfolio. It gives you maximum freedom to adjust your asset allocation later on.
by UpperNwGuy
Wed Jun 19, 2019 4:24 pm
Forum: Investing - Theory, News & General
Topic: What rating bonds are considered investment grade ?
Replies: 24
Views: 1368

Re: What rating bonds are considered investment grade ?

It is refreshing to see OP asking this question. In my opinion, too many bogleheads believe that all corporate bonds are too risky and confine their bond purchases to US Treasuries.
by UpperNwGuy
Wed Jun 19, 2019 4:18 pm
Forum: Personal Investments
Topic: Tempted to market time bond fund
Replies: 15
Views: 1286

Re: Tempted to market time bond fund

Don’t over-manage your bond funds. Even if you make good assumptions, you won’t make a lot of money.
by UpperNwGuy
Wed Jun 19, 2019 4:15 pm
Forum: Personal Consumer Issues
Topic: Recommend toaster
Replies: 27
Views: 1687

Re: Recommend toaster

Breville makes a nice toaster. Real toaster, not a toaster oven.
by UpperNwGuy
Wed Jun 19, 2019 4:09 pm
Forum: Personal Investments
Topic: I dodged a bullet with VAW (Vanguard Materials ETF)
Replies: 16
Views: 1542

Re: I dodged a bullet with VAW (Vanguard Materials ETF)

At your age I would not dabble in alternative investments. Stick to the mainstream investments.
by UpperNwGuy
Wed Jun 19, 2019 4:04 pm
Forum: Personal Consumer Issues
Topic: Single cup coffee/espresso options, 2019
Replies: 76
Views: 4242

Re: Single cup coffee/espresso options, 2019

Nespresso original line for espresso drinks. A Chemex or Melitta pour-over, paired with a good quality burr grinder, for regular coffee.
by UpperNwGuy
Wed Jun 19, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: how do you manage your cash flow in retirement
Replies: 28
Views: 3352

Re: how do you manage your cash flow in retirement

I’m in my late 60s, and I manage my cash flow in retirement the exact same way I managed it when I worked for a living. There’s nothing special about retirement that requires you to change the way you run your household finances. My father has followed the same philosophy. When he reached age 95 he ...
by UpperNwGuy
Wed Jun 19, 2019 7:01 am
Forum: Investing - Theory, News & General
Topic: happy when the market is down - want to understand
Replies: 42
Views: 3404

Re: happy when the market is down - want to understand

I am never happy when the market is down.
by UpperNwGuy
Tue Jun 18, 2019 8:54 pm
Forum: Personal Investments
Topic: Incurring small amount of short-term capital gain to switch from FSKAX to VTSAX
Replies: 6
Views: 444

Re: Incurring small amount of short-term capital gain to switch from FSKAX to VTSAX

Why not keep your taxable account at Fidelity and sell your FSKAX and buy ITOT?
by UpperNwGuy
Tue Jun 18, 2019 6:13 pm
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 110
Views: 9646

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

Hey, OP! What did you finally decide to do after hearing all this (contradictory) good advice?
by UpperNwGuy
Mon Jun 17, 2019 7:35 pm
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 110
Views: 9646

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

it's called recency bias. People keep repeating this, but it's not just a recent thing. Look back decades, or even a century. Sure, there were periods of out-performance here and there, but over the long run it has under-performed. Draw whatever conclusion you may, but it's not just a recent phenom...
by UpperNwGuy
Mon Jun 17, 2019 6:38 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 161
Views: 8855

Re: What percentage of total portfolio in REIT's do you have? Why?

I invest in Vanguard's Total Stock. It includes REITs, so I don't invest separately in REITs.
by UpperNwGuy
Mon Jun 17, 2019 1:45 am
Forum: Investing - Theory, News & General
Topic: Stocks/Bond Allocation Based on Buffet Indicator?
Replies: 18
Views: 1688

Re: Stocks/Bond Allocation Based on Buffet Indicator?

If you don't take Buffett's advice you are comfortable rejecting the most successful investor of all time. I think his general principles are very sound. He has said that "the dumb money ceases to be dumb money when it chooses to invest in a low cost index fund." Doesn't get more basic than that. T...
by UpperNwGuy
Sun Jun 16, 2019 7:56 pm
Forum: Personal Investments
Topic: Thinking of leaving Fidelity - where to go?
Replies: 12
Views: 1688

Re: Thinking of leaving Fidelity - where to go?

Why do you assign the fault to Fidelity for the inability of Quicken to properly obtain the data you want. Just curious. Because Quicken has not had an update , Fidelity says they will fix it, previously - after a few days it works, multiple users with the same problem. When was the last Quicken up...
by UpperNwGuy
Sun Jun 16, 2019 7:41 pm
Forum: Investing - Theory, News & General
Topic: Which schedule is better when making periodic investments into an ETF
Replies: 17
Views: 1191

Re: Which schedule is better when making periodic investments into an ETF

Carol88888 wrote:
Sun Jun 16, 2019 6:54 pm
I have read the posts regarding dollar cost averaging and lump sum and I have been somewhat persuaded that lump is better since the market goes up 66% of time.
There's the answer!
by UpperNwGuy
Sun Jun 16, 2019 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One will only send security notices if you let them spy on you once in a while
Replies: 46
Views: 3039

Re: Capital One will only send security notices if you let them spy on you once in a while

Wow! OP needs to change to a different bank to keep from going off the deep end (and hope that the new bank wouldn't make the same request). However, I find nothing wrong with Capital One's request. I don't have an account with them, but if I did, I would simply comply with their request.
by UpperNwGuy
Sun Jun 16, 2019 6:07 pm
Forum: Personal Investments
Topic: Thinking of leaving Fidelity - where to go?
Replies: 12
Views: 1688

Re: Thinking of leaving Fidelity - where to go?

Stay at Fidelity. This is a minor hiccup.
by UpperNwGuy
Sun Jun 16, 2019 6:05 pm
Forum: Personal Investments
Topic: Convert my VG mutual funds to ETFs to save basis points?
Replies: 39
Views: 2551

Re: Convert my VG mutual funds to ETFs to save basis points?

Couldn’t the bid-ask spread for the ETF nullify the 0.01% difference in expense ratio between VTI and VTSAX? Assuming the lower ER on the ETF persists ( it may not ), then after a couple years of holding the fund you might make up the spread costs through the lower ER. The spread is a one time cost...
by UpperNwGuy
Sun Jun 16, 2019 5:48 pm
Forum: Investing - Theory, News & General
Topic: Slice and dice for bonds
Replies: 49
Views: 3324

Re: Slice and dice for bonds

I don't know why anyone would to slice and dice their bond holdings. The Total Bond funds pretty nice solution for most investors. For those in high tax brackets who want to have bonds in taxable accounts, there are tax-exempt municipal bond funds. I don't see the need for TIPS , international bond...
by UpperNwGuy
Sun Jun 16, 2019 5:45 pm
Forum: Personal Investments
Topic: Have to Have Treasuries?
Replies: 14
Views: 1597

Re: Have to Have Treasuries?

Like you, my investments are in a taxable account. My equities are Total Stock and Total International. To reduce any unique risks that might arise in the municipal bond arena, I split my bond holdings 50/50 between Total Bond and Intermediate Tax Exempt. Total Bond not only gives me Treasuries but...
by UpperNwGuy
Sun Jun 16, 2019 5:41 pm
Forum: Personal Consumer Issues
Topic: 70th Birthday Party Ideas
Replies: 11
Views: 722

Re: 70th Birthday Party Ideas

My 70th is only a few years away, so I'm paying close attention to this post and the comments.
by UpperNwGuy
Sun Jun 16, 2019 8:09 am
Forum: Personal Investments
Topic: Have to Have Treasuries?
Replies: 14
Views: 1597

Re: Have to Have Treasuries?

Like you, my investments are in a taxable account. My equities are Total Stock and Total International. To reduce any unique risks that might arise in the municipal bond arena, I split my bond holdings 50/50 between Total Bond and Intermediate Tax Exempt. Total Bond not only gives me Treasuries but...
by UpperNwGuy
Sun Jun 16, 2019 8:06 am
Forum: Personal Investments
Topic: Vanguard Dividend ETF Offerings: VIG, VYM, VYMI
Replies: 7
Views: 877

Re: Vanguard Dividend ETF Offerings: VIG, VYM, VYMI

I hate dividends (because of the taxes). Why do you enjoy them?
by UpperNwGuy
Sun Jun 16, 2019 8:00 am
Forum: Personal Investments
Topic: Have to Have Treasuries?
Replies: 14
Views: 1597

Re: Have to Have Treasuries?

Like you, my investments are in a taxable account. My equities are Total Stock and Total International. To reduce any unique risks that might arise in the municipal bond arena, I split my bond holdings 50/50 between Total Bond and Intermediate Tax Exempt. Total Bond not only gives me Treasuries but ...
by UpperNwGuy
Sat Jun 15, 2019 9:19 pm
Forum: Investing - Theory, News & General
Topic: Slice and dice for bonds
Replies: 49
Views: 3324

Re: Slice and dice for bonds

I don't know why anyone would to slice and dice their bond holdings. The Total Bond funds pretty nice solution for most investors. For those in high tax brackets who want to have bonds in taxable accounts, there are tax-exempt municipal bond funds. I don't see the need for TIPS, international bonds,...
by UpperNwGuy
Sat Jun 15, 2019 9:11 pm
Forum: Investing - Theory, News & General
Topic: Stocks/Bond Allocation Based on Buffet Indicator?
Replies: 18
Views: 1688

Re: Stocks/Bond Allocation Based on Buffet Indicator?

Buffet is not the average investor nor an investment advisor. He's the head of a large company that buys other companies or significant stakes in other companies, something I will never be in a position to do. I would not take his advice on how to invest my limited assets.
by UpperNwGuy
Sat Jun 15, 2019 9:06 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 50
Views: 4852

Re: Should I invest 100k into a total index or do it slowly

I would invest the $100,000 all at once in a total US stock market index fund.
by UpperNwGuy
Sat Jun 15, 2019 9:04 pm
Forum: Personal Investments
Topic: ETF Tax Efficiency - Should I switch?
Replies: 5
Views: 653

Re: ETF Tax Efficiency - Should I switch?

If you sold FSKAX, would you realize significant capital gains? If so, you might want to keep what you have already invested in FSKAX and buy ITOT into the future. How large are your capital gains distributions in FSKAX, and what do they cost you in taxes? If the amount is not significant, you might...
by UpperNwGuy
Sat Jun 15, 2019 2:34 pm
Forum: Personal Investments
Topic: Convert my VG mutual funds to ETFs to save basis points?
Replies: 39
Views: 2551

Re: Convert my VG mutual funds to ETFs to save basis points?

Seems like a lot of trouble for a small savings. I'd leave well enough alone.
by UpperNwGuy
Sat Jun 15, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 95
Views: 7875

Re: Walking Cities, potential for retirees

fru-gal wrote:
Tue Jun 04, 2019 4:38 pm
DC has a high crime rate, according to a friend who is there frequently for business.
Your friend is mistaken. I live in DC.
by UpperNwGuy
Sat Jun 15, 2019 8:03 am
Forum: Personal Investments
Topic: Vanguard Financial Plan requires Brokerage Account? Bait and switch?
Replies: 45
Views: 2782

Re: Vanguard Financial Plan requires Brokerage Account? Bait and switch?

The Vanguard brokerage accounts are fine, and everybody will have one sooner or later. I don’t understand why so many bogleheads cling so desparately to the dying mutual fund accounts. You can either rip the bandaid off quickly and get it over with, or you can pull it off slowly and enjoy the painfu...
by UpperNwGuy
Fri Jun 14, 2019 8:20 am
Forum: Personal Investments
Topic: Do Preferred securities let you sleep well at night?
Replies: 26
Views: 2756

Re: Do Preferred securities let you sleep well at night?

I would not sleep well at night if my investments were in preferred securities.
by UpperNwGuy
Fri Jun 14, 2019 8:17 am
Forum: Investing - Theory, News & General
Topic: Should you buy VTSAX or VTI in a taxable account?
Replies: 16
Views: 1645

Re: Should you buy VTSAX or VTI in a taxable account?

MotoTrojan wrote:
Thu Jun 13, 2019 9:55 pm
VTSAX is easier in that you can buy in automated contributions and in whole dollar amounts. VTI can be traded during the day but only in increments of its share price.
VTSAX, because you can keep more of your money invested when you don't have to buy whole shares.