Search found 2577 matches

by rgs92
Tue May 26, 2020 1:40 pm
Forum: Personal Investments
Topic: One Fidelity Fund Only - Possible?
Replies: 23
Views: 1889

Re: One Fidelity Fund Only - Possible?

Withing Fidelity, you can put everything into Vanguard Balanced Index (admiral) (VBIAX) for a one time fee of $75. There are never any other fees for withdrawal. You will get continuous rebalancing and a constant 60/40 stock/bond allocation and pure index performance. The expense ratio is as low as ...
by rgs92
Tue May 26, 2020 12:46 pm
Forum: Investing - Theory, News & General
Topic: Inflationary effects pending?
Replies: 40
Views: 3209

Re: Inflationary effects pending?

I always thought inflation was caused by a wage-price spiral (upwards). I just cannot see significantly rising wages in the near future or beyond. There is too much productivity improvement from technology. And labor unions are still fading away fast. And prices of energy and commodities are flat to...
by rgs92
Mon May 25, 2020 1:33 pm
Forum: Personal Consumer Issues
Topic: which iPhone?
Replies: 26
Views: 1561

Re: which iPhone?

My iPhone 10 has worked fine for me since I got it 2 years ago, so I think the 11 would be fine also. Best thing about it: it stays cool to the touch all the time. An old LG and Samsung with Android got hot which annoyed me so now I am an Apple convert. The only nit-pick issue I have with the Apple ...
by rgs92
Sat May 23, 2020 6:13 pm
Forum: Investing - Theory, News & General
Topic: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?
Replies: 59
Views: 2838

Re: Portfolios: 1 Fund, 2 Fund, 3 Fund or 4 Fund?

I hate to deviate from the norm, but, in my 401Ks, I now substitute a stable value fund for a total bond market fund, thinking that the bond market, by definition, is close to a ceiling (which would be the 10 year Treasury yielding nothing). I suppose the next best thing would be high yield savings ...
by rgs92
Sat May 23, 2020 12:47 am
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 6344

Re: Discarding Music CDs

Amazon Music HD is quite good. The audio quality is excellent and they seem to have every recording ever made. I prefer it to Tidal. (There is a cheap entry level subscription with just MP3-level sound, but the HD-level subscription has FLAC quality.) (FLAC files are fully-lossless music files, as o...
by rgs92
Thu May 21, 2020 1:27 am
Forum: Personal Consumer Issues
Topic: Tea supplier comparison
Replies: 44
Views: 3791

Re: Tea supplier comparison

Stash is good. Not too acidic or tannic.
by rgs92
Tue May 19, 2020 12:47 pm
Forum: Investing - Theory, News & General
Topic: Where to park cash in Fidelity?
Replies: 62
Views: 6038

Re: Where to park cash in Fidelity?

Yep, this seems to be a big deficiency in these days of near-negative interest rates when one may be leery of big positions in bond funds. I wish there was a target or balanced index fund that just used high-yield savings for the fixed income portion. There seems to be no such product. The only way ...
by rgs92
Tue May 19, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: Where to park cash in Fidelity?
Replies: 62
Views: 6038

Re: Where to park cash in Fidelity?

OK, thank you, I'll drill down a little deeper into Fidelity. This is why I hold onto my 401Ks instead of rolling them over into Fidelity or even Vanguard, as the Stable Value funds pay a bit more than Ally or similar. I would think there would be an ETF that would function as a high-yield savings a...
by rgs92
Tue May 19, 2020 12:37 pm
Forum: Investing - Theory, News & General
Topic: Where to park cash in Fidelity?
Replies: 62
Views: 6038

Re: Where to park cash in Fidelity?

Thank you. I considered ultrashort bond funds/ETFs like ICSH (Ishares ultrashort bond fund) but they are surprisingly volatile, with a dip from 50.50 to 48.56 in March. That's not really acceptable in money market fund as I see it. Am I wrong here? Thank you.
by rgs92
Tue May 19, 2020 12:23 pm
Forum: Investing - Theory, News & General
Topic: Where to park cash in Fidelity?
Replies: 62
Views: 6038

Where to park cash in Fidelity?

Is there any place in Fidelity that would function as a high yield savings account or money market fund? I've been using SPRXX (their Fidelity Money Market fund) but the yield is tiny (.23 % now). It is annoying to have to use Ally or Marcus to place cash savings, so I wonder why Fidelity or other b...
by rgs92
Mon May 18, 2020 2:01 pm
Forum: Personal Investments
Topic: Trading vs. Holding
Replies: 72
Views: 2232

Re: Trading vs. Holding

So, furthermore, I think the OP is just offering way to systematically mitigate the losses that one could suffer when buying a single stock, or make the gains more stable over time. Again, this is if one buys individual stocks, and many people do so. And since many who buy single stocks do end up tr...
by rgs92
Mon May 18, 2020 1:40 pm
Forum: Personal Investments
Topic: Trading vs. Holding
Replies: 72
Views: 2232

Re: Trading vs. Holding

I think, to be fair, the OP is discussing things within the province of buying an individual stock, not the whole market or any broad index. Since a single stock investment is in itself a very volatile situation, the question of whether it is more profitable (or even less volatile) to just hold it l...
by rgs92
Mon May 18, 2020 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Does Delaying Social Security Deliver an 8% Return?
Replies: 92
Views: 7425

Re: Does Delaying Social Security Deliver an 8% Return?

Thanks for the analysis randomguy. I will play with Firecalc some more.
by rgs92
Mon May 18, 2020 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Does Delaying Social Security Deliver an 8% Return?
Replies: 92
Views: 7425

Re: Does Delaying Social Security Deliver an 8% Return?

I also think a big motivation for taking social security early is it simply makes one nervous seeing a portfolio shrink every month. There is a sleep-at-night benefit from having a decent mountain of funds to use as needs arise, even if it is worthwhile to spend down this money on increased income, ...
by rgs92
Mon May 18, 2020 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Does Delaying Social Security Deliver an 8% Return?
Replies: 92
Views: 7425

Re: Does Delaying Social Security Deliver an 8% Return?

What would be the maximum withdrawal rate from a 50/50 stock/bond portfolio one would accept while delaying the start of social security? (Certainly this depends on an individual situation, so let me say that, at least personally, let's assume that, at 70 when social security started, the withdrawal...
by rgs92
Sun May 17, 2020 10:39 am
Forum: Investing - Theory, News & General
Topic: Fidelity significantly below average scenario
Replies: 7
Views: 1068

Re: Fidelity significantly below average scenario

I think the OP may be referring to the Fidelity retirement planning tool (similar to Firecalc or Vanguard's tool).
by rgs92
Wed May 13, 2020 10:54 pm
Forum: Personal Consumer Issues
Topic: New Laptop Recommendations
Replies: 49
Views: 3024

Re: New Laptop Recommendations

MSI is very good. Try an MSI GF63 with a 15.6 inch screen. It's on B+H photo at a good price and also on Amazon. It's a bit more expensive than you are looking for, ($700+ new and well-equipped) but MSI makes nice reliable cool/quiet/reliable machines that get very good reviews on the computer forum...
by rgs92
Tue May 12, 2020 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3291

Re: nice 20% insurance premium increase

Yep, GEICO is good. (But I keep hearing about the discount for owning Berkshire stock. GEICO told me last year they don't offer that.)
by rgs92
Sun May 10, 2020 8:26 pm
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 102
Views: 8711

Re: Why no love for REITs?

I feel owning a large amount of REIT investments is basically a concentration in one sector of the market, which is not a good thing to do.
by rgs92
Sun May 10, 2020 8:13 pm
Forum: Personal Investments
Topic: How to add ballast to a taxable account?
Replies: 26
Views: 2548

Re: How to add ballast to a taxable account?

I would say that with the interest rate on the 10 year treasury below 1%, it's probably OK (or better than OK) just to park your entire fixed income allocation in a high yield savings account at Ally or Marcus or any similar place for the duration, whether in taxable space or not.
by rgs92
Fri May 08, 2020 11:51 pm
Forum: Personal Investments
Topic: College age kid wrecked his car...
Replies: 113
Views: 6041

Re: College age kid wrecked his car...

I would buy him a decent safe car for around $20,000 and ask him to pay it off slowly over time when he graduates and gets a job. College is hard enough and he needs this, and the accident was traumatic enough. I would definitely be inclined to just help him out without a second thought. Just use so...
by rgs92
Wed May 06, 2020 7:37 pm
Forum: Forum Issues and Administration
Topic: Forum Slowdown
Replies: 3
Views: 553

Re: Forum Slowdown

Works fine for me too via PC or Phone.
by rgs92
Sat Apr 25, 2020 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: I need financial/general advice
Replies: 47
Views: 2903

Re: I need financial/general advice

You are an excellent writer. You communicate very clearly and succinctly. I actually kind of hung on to every word you wrote. Perhaps you could write some short opinion pieces and submit them to online publications or news services. Maybe pursuing this would provide at least the hope of a useful pat...
by rgs92
Thu Apr 23, 2020 11:01 am
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 7845

Re: All the upside of the S&P with 10% downside protection "Free"?

While I have no interest in buying anything like this, I always thought the attraction of these complex products is that they put a solid floor under your losses in return for a ceiling on gains (and embedded expenses of all types including forfeiture of dividends, but that's the price you pay for a...
by rgs92
Wed Apr 22, 2020 11:28 pm
Forum: Personal Consumer Issues
Topic: Costco Delivery
Replies: 41
Views: 5635

Re: Costco Delivery

It looks like you need to go to Costco in person to use your Costco rewards certificate you get with your Costco Visa credit card. Can you use it online during the current stay-home situation? I don't see anything about this on the website, so it seems you still cannot use it online. Is this correct...
by rgs92
Sun Apr 19, 2020 11:53 am
Forum: Personal Consumer Issues
Topic: Office chair recommendation for carpeted home office
Replies: 28
Views: 1852

Re: Office chair recommendation for carpeted home office

I have used the same Steelcase office chair for over 20 years and really like it. It has functioned perfectly and never needed repair. I think it cost about $300 back then. It's one of the best things I ever bought. It just feels really good to me. It has just the right amount of springiness in the ...
by rgs92
Thu Apr 16, 2020 1:54 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1498

Re: Why has the advice on how much house to buy changed over the years?

Thanks for all the perspectives. Yep, the big money managers could, I guess, snap up tons of houses, but instead they buy stocks. I'm thinking that a house is just one part of your portfolio, and good for diversification, maybe as non-correlated asset.
by rgs92
Thu Apr 16, 2020 1:05 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1498

Re: Why has the advice on how much house to buy changed over the years?

Vineviz, yep, Stocks have definitely been popularized since 30 years ago (maybe in large part to Jack Bogle and Peter Lynch.) [I like the Peter Lynch quote in your signature. My favorite Peter Lynch one is: I have no idea whether the next Dow 1000 point move is up or down, but I know the next 10,000...
by rgs92
Thu Apr 16, 2020 12:55 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1498

Re: Why has the advice on how much house to buy changed over the years?

Yep Megabad, I think for many the outside return that many hope for is all about leverage, rather than rent-vs-buy calculations.
by rgs92
Thu Apr 16, 2020 12:48 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1498

Re: Why has the advice on how much house to buy changed over the years?

So has the new tax law situation been a big factor, now that that the value of interest/property tax deductions often have no value vs. the standard deduction (just to be clear)? You used to get a big instant subsidy from the IRS every year, and that's basically all gone for a primary residence for ...
by rgs92
Thu Apr 16, 2020 12:39 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1498

Re: Why has the advice on how much house to buy changed over the years?

Yep Randomguy, that's kind what of prompted my question, since I hear substantially different opinions from HCOL owners (notably long term ones) vs. the responses here to house-buying questions. Yep, Jags, NJ has turned out to be a real wake-up call for many homeowners, almost the opposite of west c...
by rgs92
Thu Apr 16, 2020 12:19 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1498

Re: Why has the advice on how much house to buy changed over the years?

Well, as an aside, from what I hear it is still the feeling that house prices just go up monotonically in or around the super cites, like on the West Coast.
(I don't say this is true, just to be clear, but I hear this a lot.)

Is this simply recency bias and 20/20 hindsight?
by rgs92
Thu Apr 16, 2020 12:14 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1498

Re: Why has the advice on how much house to buy changed over the years?

So was that the big wake-up call, the financial crisis? (Ha ha, now we have to specify it was the last one, in 2008).
I mean, the stock market crashes of 1987 and 2009 didn't imply that the stock market was bad. (Or the current one either.)
Thanks.
by rgs92
Thu Apr 16, 2020 12:11 pm
Forum: Personal Investments
Topic: Why has the advice on how much house to buy changed over the years?
Replies: 37
Views: 1498

Why has the advice on how much house to buy changed over the years?

I remember up until about 1990 the advice was to buy a house (almost the more house the better) as a pillar of long term financial success. But now the advice seems to be the opposite, just buy what you need, even the bare minimum to be comfortable. (Certainly here on this forum this is the case.) W...
by rgs92
Wed Apr 15, 2020 3:33 pm
Forum: Investing - Theory, News & General
Topic: "Marketing timing" comments from a quant
Replies: 106
Views: 4457

Re: "Marketing timing" comments from a quant

Maybe it's been said in this thread, but if there was a sure-fire way to beat the index with timing, all the big-money managers would have this in their algorithms and they would be beating the S&P or TSM, but they are not. And there would be all these "index-plus" active funds that would beat the i...
by rgs92
Tue Apr 14, 2020 10:51 am
Forum: Personal Consumer Issues
Topic: What Amazon Prime (free) movies y'd recommend ?
Replies: 78
Views: 6594

Re: What Amazon Prime (free) movies y'd recommend ?

The Founder. (About Ray Kroc, the founder of McDonalds.)
by rgs92
Mon Apr 13, 2020 5:17 pm
Forum: Personal Investments
Topic: A tale of three regrets
Replies: 51
Views: 7033

Re: A tale of three regrets

Lessons? You should pat yourself on the back because you are basically staying the course by keeping your allocation percentages in a pretty narrow range (53 to 61% stocks) through all this volatility. Sure you made a few modest moves, but it was basically minor churning since you did nothing huge l...
by rgs92
Mon Apr 13, 2020 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?
Replies: 51
Views: 4583

Re: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?

Right, but the key is long-term, not flipping as a lot of people think. Good explanation; thanks.
Yep, the key is make the renter pay the cost of holding the property, and when it's paid off, the rent is gravy (net of taxes and maintenance of course).
Thanks again.
by rgs92
Mon Apr 13, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: Does compounding really work with stocks?
Replies: 64
Views: 4722

Re: Does compounding really work with stocks?

Yep, I always thought that compounding applied to interest bearing instruments, like CDs or money market funds, not stocks.
[ Like X*((1+r)^N) ].
by rgs92
Mon Apr 13, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Ally CD questions
Replies: 13
Views: 1309

Re: Ally CD questions

I would get the no-penalty flavors if you think you might break them. If not, I would put the money you intend to let sit until maturity into the regular ones.
by rgs92
Sun Apr 12, 2020 8:04 pm
Forum: Personal Investments
Topic: How should I proceed?
Replies: 13
Views: 1139

Re: How should I proceed?

If they let you work beyond 50, take advantage of it and keep going. It's a privilege to be kept on in middle age in much of private industry. Do not just up and quit your job unless you have so much money you don't even have to think about how much you have. But your question makes sense if you are...
by rgs92
Sun Apr 12, 2020 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: When to take social security
Replies: 24
Views: 1794

Re: When to take social security

What about taking Social Security earlier than planned so you would not have to draw too much from your portfolio each month and at the same time *increasing* your allocation to stocks, since you can afford to leave stocks to grow with, as the saying goes, more time in the market. Of course, this is...
by rgs92
Sun Apr 12, 2020 1:32 pm
Forum: US Chapters
Topic: Consider Zoom video conferencing for chapter meetings
Replies: 16
Views: 1171

Re: Consider Zoom video conferencing for chapter meetings

OK, thanks. I never tried it. I guess it's OK for something nice and friendly like a Bogleheads meeting, but I'd still think it would be awful at work.
(LOL, I sure hope things don't get too heated at Bogleheads chapter meetings...)
by rgs92
Sun Apr 12, 2020 1:23 pm
Forum: US Chapters
Topic: Consider Zoom video conferencing for chapter meetings
Replies: 16
Views: 1171

Re: Consider Zoom video conferencing for chapter meetings

I don't know what's wrong with good old-fashioned conference calls. There is much less chance for being embarrassed if someone sees you at the wrong moment (and you can't slip away for a minute if you need to). It's stressful to be on a dedicated video panel constantly for the entire meeting. Confer...
by rgs92
Sun Apr 12, 2020 1:10 pm
Forum: Personal Investments
Topic: Schwab Intelligent Portfolios® Fees
Replies: 5
Views: 572

Re: Schwab Intelligent Portfolios® Fees

The article is behind the WSJ paywall. But thanks anyway. But .3% is too high and who knows what the ETF ERs are, and if they are sectors or what? The wording is so dense it's hard to see if the .3% estimate includes the ERs. I would stay away. And their commercials are too slick for me. I would jus...
by rgs92
Sun Apr 12, 2020 12:43 pm
Forum: Investing - Theory, News & General
Topic: Why do investors say stock picking is risky?
Replies: 79
Views: 4273

Re: Why do investors say stock picking is risky?

Maybe computer people here and others can remember when DEC was the wave of the future... (Digital Eqpt. Corp.; minicomputers and client-server would run everything; VAX system expertise and the associated proprietary operating system was a big in-demand skill. Boston was the silicon valley of the d...
by rgs92
Sun Apr 12, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?
Replies: 51
Views: 4583

Re: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?

You started by saying you wanted to own real estate to get leverage. Could you elaborate on this? Real Estate is an investment vehicle with returns (or losses) like any other investment. Leverage as a factor by itself is not necessarily an advantage, but it could be if there are large capital gains ...
by rgs92
Sat Apr 11, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 12924

Re: Executive pay cut request: How to respond?

The wrong type of job is called software-related or systems-support. The various types of jobs comprised about 90% of the workforce. But this happened to people at all sorts of levels, even up to senior VP, but the pyramid structure effectively made it hit mostly the everyday rank-and-file professio...
by rgs92
Sat Apr 11, 2020 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 12924

Re: Executive pay cut request: How to respond?

Severance? When the big telecom companies transferred many 10s of thousands of full-time direct employees (entire departments) to contracting companies ("outsourcing") those employees lost all their service credits (20 or 30 years' worth) and then most of them got let go shortly after by the contrac...