Search found 5369 matches

by UpperNwGuy
Wed Jun 16, 2021 4:01 pm
Forum: Investing - Theory, News & General
Topic: I'll never regret not having international funds in my portfolio
Replies: 212
Views: 12739

Re: I'll never regret not having international funds in my portfolio

I just topped off my international to bring it back up to 20% of equities. It keeps dropping below the 20% target as it loses the race with US equities. I keep waiting for that coming "decade of international outperformance" that the theoreticians here on bogleheads keep promising us. If ...
by UpperNwGuy
Wed Jun 16, 2021 3:55 pm
Forum: Personal Investments
Topic: $ out of Schwab Money Market and into Schwab Checking?
Replies: 17
Views: 955

Re: $ out of Schwab Money Market and into Schwab Checking?

I have both a brokerage and a checking account at Schwab. I won't park any cash in either the money market or the checking account. The yields are simply too low. I will point out, however, that you should be focusing on the yield, not on the expense ratio of the money market fund.
by UpperNwGuy
Wed Jun 16, 2021 3:52 pm
Forum: Personal Consumer Issues
Topic: Small (4'X9') space for bathroom?
Replies: 33
Views: 1591

Re: Small (4'X9') space for bathroom?

I would go with just a toilet and a sink. Forget the shower.
by UpperNwGuy
Wed Jun 16, 2021 3:48 pm
Forum: Investing - Theory, News & General
Topic: I'll never regret not having international funds in my portfolio
Replies: 212
Views: 12739

Re: I'll never regret not having international funds in my portfolio

I just topped off my international to bring it back up to 20% of equities. It keeps dropping below the 20% target as it loses the race with US equities. I keep waiting for that coming "decade of international outperformance" that the theoreticians here on bogleheads keep promising us.
by UpperNwGuy
Wed Jun 16, 2021 3:43 pm
Forum: Personal Investments
Topic: Mobile check investment -- not working (3 days)
Replies: 16
Views: 1561

Re: Mobile check investment -- not working (3 days)

I just walk the checks into my brick and mortar credit union. Once they're deposited and the funds are available, I transfer them to Vanguard. I won't mess with Vanguard's app. I hate stress.
by UpperNwGuy
Wed Jun 16, 2021 2:06 pm
Forum: Personal Investments
Topic: Swap Mutual Funds for ETFs?
Replies: 76
Views: 4126

Re: Swap Mutual Funds for ETFs?

Meanwhile, I plan to keep investing in my Vanguard mutual funds in my Vanguard brokerage account. I'll start investing in ETFs only when it is absolutely necessary. I am confident that any future decision by Vanguard to force me into ETFs will include a means to convert my mutual funds to ETFs as a ...
by UpperNwGuy
Wed Jun 16, 2021 4:35 am
Forum: Personal Investments
Topic: Difference between exchanging versus selling/buying?
Replies: 9
Views: 978

Re: Difference between exchanging versus selling/buying?

It is the same thing, and it has the same tax implications.
by UpperNwGuy
Tue Jun 15, 2021 9:32 pm
Forum: Personal Investments
Topic: Swap Mutual Funds for ETFs?
Replies: 76
Views: 4126

Re: Swap Mutual Funds for ETFs?

I'd be happy to convert two of my Vanguard mutual funds to ETFs except it's not an option -- LifeStrategy and Target Retirement funds. They are mutual funds only, and their holdings are mutual funds as well. If running an ETF is that much cheaper than running a mutual fund, why doesn't Vanguard doe...
by UpperNwGuy
Tue Jun 15, 2021 5:41 pm
Forum: Personal Investments
Topic: Swap Mutual Funds for ETFs?
Replies: 76
Views: 4126

Re: Swap Mutual Funds for ETFs?

You are going to have to convert sometime in the next 20 years. Do it when it is advantageous for tax purposes. I just caught this. Could you explain why this is so? Thanks! (Seems like the OP already has a high three-figure or low four-figure tax bill to make the switch from VTWAX to VT.) The lowe...
by UpperNwGuy
Tue Jun 15, 2021 12:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15714
Views: 1225503

Re: U.S. stocks continue to soar!

Maybe I’ll use my rocket ship tomorrow instead! Tony This was Tony's last post in this thread, posted almost a month ago. I miss Tony's truck! I do see that his total posts is exactly 25000. Perhaps he doesn't want to ruin a perfect number like that. Where's Tony? Come back to the thread, Tony!
by UpperNwGuy
Tue Jun 15, 2021 9:17 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman retiring in the fall
Replies: 54
Views: 6378

Re: Ric Edelman retiring in the fall

I remember he promoted having as much mortgage debt as possible and he had a list of reasons why that was a good idea. I think that was bad advice. Many of us here think that's good advice if the rate is low and the house is affordable. And it becomes especially good advice when inflation rates inc...
by UpperNwGuy
Tue Jun 15, 2021 9:14 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman retiring in the fall
Replies: 54
Views: 6378

Re: Ric Edelman retiring in the fall

Who is Ric Edelman? https://www.edelmanfinancialengines.com/ric-edelman-radio/ His radio informercial program is broadcast around much of the country on Saturdays and Sundays, scheduling varies by local radio market. Oh, he's a pundit. I make a point of not watching or listening to pundits. In fact...
by UpperNwGuy
Tue Jun 15, 2021 9:10 am
Forum: Personal Investments
Topic: Leaving Vanguard
Replies: 59
Views: 9020

Re: Leaving Vanguard

What credit card did they close? According to their website, both of their credit cards are still open for new applications. They use to have a Schwab invest first visa that gave 2% cash back on all purchases. It's been about a decade since they closed it. At that point they had exited the credit c...
by UpperNwGuy
Mon Jun 14, 2021 9:32 pm
Forum: Personal Investments
Topic: Leaving Vanguard
Replies: 59
Views: 9020

Re: Leaving Vanguard

I really wanted to use Schwab because I think they have the best website and banking combination, but there were a couple deal-breakers: (1) its index mutual funds distribute some capital gains (and I don't want to use ETFs or pay commissions to buy Vanguard MFs); and (2) no total international ind...
by UpperNwGuy
Mon Jun 14, 2021 9:24 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman retiring in the fall
Replies: 54
Views: 6378

Re: Ric Edelman retiring in the fall

Who is Ric Edelman?
by UpperNwGuy
Mon Jun 14, 2021 9:22 pm
Forum: Personal Consumer Issues
Topic: Has anyone sold car to Carvana ?
Replies: 39
Views: 3584

Re: Has anyone sold car to Carvana ?

Why would a Carvana check bounce?
by UpperNwGuy
Mon Jun 14, 2021 7:11 pm
Forum: Investing - Theory, News & General
Topic: Worried About PE Ratios?
Replies: 65
Views: 4143

Re: Worried About PE Ratios?

My IPS says to ignore valuations, so that's what I do. It saves me a lot of unnecessary worry.
by UpperNwGuy
Mon Jun 14, 2021 7:07 pm
Forum: Personal Investments
Topic: Its time to tilt back to a more conservative allocation
Replies: 30
Views: 2493

Re: Its time to tilt back to a more conservative allocation

arcticpineapplecorp. wrote: Mon Jun 14, 2021 3:29 pm what does your IPS tell you to do?
My IPS says to ignore valuations. It doesn't mention "margin debt." So I guess I do nothing.
by UpperNwGuy
Mon Jun 14, 2021 6:55 pm
Forum: Investing - Theory, News & General
Topic: I'll never regret not having international funds in my portfolio
Replies: 212
Views: 12739

Re: I'll never regret not having international funds in my portfolio

Last week's US vs ex-US thread was much better than this one. It actually had some substantive discussion.
by UpperNwGuy
Mon Jun 14, 2021 6:32 pm
Forum: Investing - Theory, News & General
Topic: Short-term breakeven inflation
Replies: 31
Views: 2705

Re: Short-term breakeven inflation

To get some skin in the game, and to see how things work out over the next couple of years, I recently bought ten 2-year nominal Treasuries and ten 2-year TIPS. If inflation over the next two years is close to the 2-year BEI of about 2.8%, then each of these should provide about the same total retu...
by UpperNwGuy
Mon Jun 14, 2021 6:23 pm
Forum: Personal Investments
Topic: Leaving Vanguard
Replies: 59
Views: 9020

Re: Leaving Vanguard

I'm glad you didn't actually get dinged on this. The timing was just unlucky for you. If we assume a transition takes time, you can't transact on shares that no longer exist, and nor can you transact on shares that don't yet exist. So you're sort of stuck in limbo. It would have been nice if they f...
by UpperNwGuy
Mon Jun 14, 2021 7:44 am
Forum: Personal Investments
Topic: iShares Equivalents of Vanguard Tax-Exempt Bond Funds
Replies: 2
Views: 350

Re: iShares Equivalents of Vanguard Tax-Exempt Bond Funds

Short-Term: VWSUX / SUB Intermediate Term: VWIUX / MUB Limited Term: VMLUX / ??? Is there an equivalent to VMLUX? MUB is not the equivalent of VWIUX. It is the equivalent of VTEAX and VTEB. Both are index funds and follow the exact same index. They hold short, intermediate, and long bonds. VWIUX is...
by UpperNwGuy
Sun Jun 13, 2021 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: CSP new offer: 100,000 bonus points
Replies: 86
Views: 7712

Re: CSP new offer: 100,000 bonus points

When do you want to travel?
by UpperNwGuy
Sun Jun 13, 2021 4:51 pm
Forum: Personal Investments
Topic: Tax-exempt bond fund for taxable account
Replies: 4
Views: 560

Re: Tax-exempt bond fund for taxable account

I’m not going to impart much wisdom here but if 10,000 is all you’re investing in a bond fund, it doesn’t matter. Your yearly dividends will be around 1%, which is $100. If you plan to hold a long-term bond position in taxable, some combination of CA muni along with a national muni fund is often su...
by UpperNwGuy
Sun Jun 13, 2021 4:36 pm
Forum: Investing - Theory, News & General
Topic: Will there be a crash to crazy asset valuation?
Replies: 161
Views: 11201

Re: Will there be a crash to crazy asset valuation?

Morningstar analyzed this, including dividends and correcting for inflation, and in their description there were two back-to-back declines separated by only three months: Peak Aug. 1929, Trough May 1932, Decline -79.00%, Recovery November 1936 Peak Feb. 1937, Trough March 1938, Decline -49.93%, Rec...
by UpperNwGuy
Sun Jun 13, 2021 4:32 pm
Forum: Investing - Theory, News & General
Topic: Will there be a crash to crazy asset valuation?
Replies: 161
Views: 11201

Re: Will there be a crash to crazy asset valuation?

It's hard to imagine a long and deep crash in asset prices in an environment where the Federal government is actively propping them up. Ride the wave, I say. People who invest primarily in safe assets or not at all could be much worse off, but such people were already allergic to wealth building. P...
by UpperNwGuy
Sun Jun 13, 2021 4:29 pm
Forum: Investing - Theory, News & General
Topic: Will there be a crash to crazy asset valuation?
Replies: 161
Views: 11201

Re: Will there be a crash to crazy asset valuation?

I never understood why people buy bond. The return is super low and it tanks along with stock too. Treasury bonds can go down when stocks tank, but it is more common for them to appreciate when stocks tank. The treasury market is the deepest, most liquid, and investable market in the world, so ther...
by UpperNwGuy
Sun Jun 13, 2021 4:19 pm
Forum: Personal Investments
Topic: [VTEAX, Vanguard Tax-Exempt Bond Index Fund, purchase fees?]
Replies: 13
Views: 1140

Re: VTEAX

As I understand it, the one disadvantage of VTEAX is the way that dividends are computed and paid. Apparently the actively managed municipal bond funds at Vanguard (such as VWITX) have a more tax-friendly method than does VTEAX. I wish I understood this aspect of VTEAX better, but I don't, so I'll l...
by UpperNwGuy
Sun Jun 13, 2021 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: which state to retire
Replies: 184
Views: 16545

Re: which state to retire

It is a dry cold. And that is not a joke. It does not get into your bones the way a wet cold does. And there is so much more to Colorado than Denver/Boulder. Fort Collins, Grand Junction, Colorado Springs, Pueblo are all great places for retirees. What's medical care like in a smaller, remote city ...
by UpperNwGuy
Sun Jun 13, 2021 11:25 am
Forum: Personal Finance (Not Investing)
Topic: which state to retire
Replies: 184
Views: 16545

Re: which state to retire

It is a dry cold. And that is not a joke. It does not get into your bones the way a wet cold does. And there is so much more to Colorado than Denver/Boulder. Fort Collins, Grand Junction, Colorado Springs, Pueblo are all great places for retirees. What's medical care like in a smaller, remote city ...
by UpperNwGuy
Sun Jun 13, 2021 10:01 am
Forum: Investing - Theory, News & General
Topic: Preparing for possible inflation
Replies: 18
Views: 2146

Re: Preparing for possible inflation

Anticipating potential inflation & rising rates, I took small positions in the Vanguard Commodity and Real Estate funds, and moved most of my bond holdings from the Total Bond Market fund to the Ultra Short Term fund to reduce volatility. Not big changes, but they might help. Mun How will these...
by UpperNwGuy
Sun Jun 13, 2021 9:43 am
Forum: Personal Investments
Topic: Money mkt or short term bonds for cash reserves
Replies: 4
Views: 813

Re: Money mkt or short term bonds for cash reserves

I would pull your cash reserves out of Vanguard and put them into a mix of high yield savings accounts and certificates of deposit at banks or credit unions.
by UpperNwGuy
Sun Jun 13, 2021 9:39 am
Forum: Investing - Theory, News & General
Topic: Hold Munis Simply for Diversification?
Replies: 11
Views: 1104

Re: Hold Munis Simply for Diversification?

Why do you think bonds need to be highly diversified? Many here just hold treasury bond funds. Some just hold municipal bond funds.
by UpperNwGuy
Sun Jun 13, 2021 9:07 am
Forum: Personal Investments
Topic: How to Protect Savings from stock market crash
Replies: 23
Views: 2574

Re: How to Protect Savings from stock market crash

If your portfolio mirrors the market, your portfolio will rise when the market rises and crash when the market crashes. You can't change that. You can dampen the impact of a crash (which will also dampen the benefit of a rise) by adding bonds to your portfolio. The higher the percentage of bonds, th...
by UpperNwGuy
Sun Jun 13, 2021 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Investing vs paying down mortgage
Replies: 23
Views: 2548

Re: Investing vs paying down mortgage

I would invest the money instead of paying down the mortgage.
by UpperNwGuy
Sun Jun 13, 2021 6:22 am
Forum: Personal Investments
Topic: Where to park 130k for 6 months
Replies: 39
Views: 3526

Re: Where to park 130k for 6 months

Leave the money where it is. Don't take risks with money you need within a year. Don't tinker.
by UpperNwGuy
Sun Jun 13, 2021 6:14 am
Forum: Personal Consumer Issues
Topic: Any pilots actually find utility in GA flying?
Replies: 7
Views: 1177

Re: Any pilots actually find utility in GA flying?

What do you mean by "utility"?
by UpperNwGuy
Sat Jun 12, 2021 5:59 pm
Forum: Investing - Theory, News & General
Topic: Treasuries as your bond allocation?
Replies: 72
Views: 4784

Re: Treasuries as your bond allocation?

I can't wrap my head around buying an asset that won't keep up with inflation for the rest of my portfolio. Why? I don't like to intentionally lose money. It sounds like you're not looking at your portfolio as whole but evaluating each portion of the portfolio in isolation from the other portions.
by UpperNwGuy
Sat Jun 12, 2021 4:09 pm
Forum: Investing - Theory, News & General
Topic: Treasuries as your bond allocation?
Replies: 72
Views: 4784

Re: Treasuries as your bond allocation?

rockstar wrote: Sat Jun 12, 2021 1:56 pm I can't wrap my head around buying an asset that won't keep up with inflation for the rest of my portfolio.
Why?
by UpperNwGuy
Sat Jun 12, 2021 7:28 am
Forum: Personal Investments
Topic: Where should i keep downpayment for a new house
Replies: 19
Views: 1214

Re: Where should i keep downpayment for a new house

Have you checked out certificates of deposit?
by UpperNwGuy
Sat Jun 12, 2021 7:03 am
Forum: Personal Investments
Topic: Leaving Vanguard
Replies: 59
Views: 9020

Re: Leaving Vanguard

I've noticed that some folks seem to relish inaction when it comes to their accounts. While that's almost a Boglehead fundamental principle when it comes to managing investments, it's not such a great idea when it comes to capabilities and platforms. I've noticed that tendency, too. If often doesn'...
by UpperNwGuy
Sat Jun 12, 2021 6:24 am
Forum: Investing - Theory, News & General
Topic: How are you preparing for inflation and higher interest rates?
Replies: 93
Views: 10331

Re: How are you preparing for inflation and higher interest rates?

Since US inflation is tied to the US Dollar, one could overweight their International stock portion with an international fund that does not hedge the dollar. What are some examples of such funds? Most of the international index funds are unhedged. You're right. I was thinking of Vanguard's Interna...
by UpperNwGuy
Sat Jun 12, 2021 5:17 am
Forum: Investing - Theory, News & General
Topic: How are you preparing for inflation and higher interest rates?
Replies: 93
Views: 10331

Re: How are you preparing for inflation and higher interest rates?

Fat Tails wrote: Sat Jun 12, 2021 1:22 am Since US inflation is tied to the US Dollar, one could overweight their International stock portion with an international fund that does not hedge the dollar.
What are some examples of such funds?
by UpperNwGuy
Fri Jun 11, 2021 9:18 pm
Forum: Investing - Theory, News & General
Topic: How are you preparing for inflation and higher interest rates?
Replies: 93
Views: 10331

Re: How are you preparing for inflation and higher interest rates?

tvubpwcisla wrote: Fri Jun 11, 2021 7:42 pm I am curious what you are doing, if anything, to prepare for inflation and higher interest rates?
Nothing.

Why should I do anything? When I established my portfolio, I considered all the bad things that could happen and set up the portfolio accordingly.
by UpperNwGuy
Fri Jun 11, 2021 9:07 pm
Forum: Investing - Theory, News & General
Topic: date set for Vanguard retiring its legacy brokerage platform
Replies: 16
Views: 3222

Re: date set for Vanguard retiring its legacy brokerage platform

I got an email from Vanguard about three hours ago telling me that "making smart brokerage transactions just got even easier." I clicked on the link, and this is what came up: https://investornews.vanguard/making-smart-brokerage-transactions-just-got-even-easier/ After reading it, I can't ...
by UpperNwGuy
Fri Jun 11, 2021 5:37 pm
Forum: Personal Investments
Topic: Financial Planner Requiring Custody "for compliance" True?
Replies: 25
Views: 1754

Re: Financial Planner Requiring Custody "for compliance" True?

Run away from this financial planner as rapidly as you can.
by UpperNwGuy
Fri Jun 11, 2021 12:59 pm
Forum: Investing - Theory, News & General
Topic: The International Cap Weight (and Beyond!) Discussion Thread
Replies: 227
Views: 10981

Re: The International Cap Weight (and Beyond!) Discussion Thread

However, I do not in fact think the right solution is to try to beat them into investing in ex-U.S. stocks. I think the best solution is probably to just encourage such people to strongly consider investing in a single fund which takes such decisions out of their hands. Although both routes are not...
by UpperNwGuy
Fri Jun 11, 2021 11:32 am
Forum: Investing - Theory, News & General
Topic: The International Cap Weight (and Beyond!) Discussion Thread
Replies: 227
Views: 10981

Re: The International Cap Weight (and Beyond!) Discussion Thread

However, I do not in fact think the right solution is to try to beat them into investing in ex-U.S. stocks. I think the best solution is probably to just encourage such people to strongly consider investing in a single fund which takes such decisions out of their hands. Although both routes are not...