Search found 27 matches

by Mydanyale
Sat May 19, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Requesting to go part time - negotiating strategies
Replies: 41
Views: 4107

Re: Requesting to go part time - negotiating strategies

Why don't you say yes (that you intend to quit), and mean it? You have a lot of "excuses" as to why you haven't done it yet, or why this job is important to you, or how you can't "part time it" because you would have to pay for 2 extra days of day care. Tell themyou will quit if youare not allowed ...
by Mydanyale
Fri May 18, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Surgeon salary vs owning a business salary/profit?
Replies: 47
Views: 4327

Re: Surgeon salary vs owning a business salary/profit?

I am a surgeon in a high pay, low stress subspecialty that makes > 700K and I will readily admit, I got lucky. I don't recommend that people pursue med school and especially surgery unless they can't see themselves doing anything else in life. Surgery. Low stress. >700K Honestly thought the only su...
by Mydanyale
Fri May 18, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Surgeon salary vs owning a business salary/profit?
Replies: 47
Views: 4327

Re: Surgeon salary vs owning a business salary/profit?

Which one is higher on average? Surgeon salary vs owning a business salary/profit? I am wondering if a surgeon salary + benefits almost always comes out ahead of starting your own business. I am ~25y/o and am pursuing the medical school/surgeon track but am just wondering who produces more money an...
by Mydanyale
Fri May 18, 2018 8:34 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 7387

Re: Larry Swedroe: Real Estate Isn’t Special

I think the only special accumulation-stage (non cash) investment is TIAA Traditional. If folks have access to one of the flavors, they should probably use that and stop chasing the dragon with other far less tangible and reliable alternative investment options. I believe it is only available for r...
by Mydanyale
Thu Apr 19, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9781

Re: 2-year AA Munis at Vanguard and Fidelity Today

A lot of people buy and manage individual bonds and create bond ladders. Many do it well into their senior years. It isn’t rocket science. There are tools to help you setup what kind of cash flow you want, pick the duration and make sure you don’t reach into too many low credit offerings to get yie...
by Mydanyale
Sun Apr 15, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9781

Re: 2-year AA Munis at Vanguard and Fidelity Today

A lot of people buy and manage individual bonds and create bond ladders. Many do it well into their senior years. It isn’t rocket science. There are tools to help you setup what kind of cash flow you want, pick the duration and make sure you don’t reach into too many low credit offerings to get yie...
by Mydanyale
Sun Apr 15, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9781

Re: 2-year AA Munis at Vanguard and Fidelity Today

I got a guest account at Fidelity for 30 days...easy. The first NC muni I came to is here...you've got to have a Fidelity account or a guest account to follow this link I suspect... https://fixedincome.fidelity.com/ftgw/fi/FIBondDetails?requestType=&displayFormat=TABLE&cusip=65825PCA6&ordersystem=T...
by Mydanyale
Sat Apr 14, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9781

Re: 2-year AA Munis at Vanguard and Fidelity Today

The bond in question may indeed have a coupon of 5%. It's a premium bond and if the yield to maturity is under 2%, the premium is going to be high. But that's another conversation altogether. Your insight is appreciated! I do not understand how the yield can go from 5% to 2%. Kevin answered this qu...
by Mydanyale
Sat Apr 14, 2018 6:01 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 320
Views: 42751

Re: 2-year CDs at Vanguard and Fidelity Today

So If I purchase 500 lots at 1000k face at $1 fee each = total $500 fee? As a Flagship Select customer, is this free? j As Voyager Select ($500K in Vanguard assets), Flagship ($1M), or Flagship Select ($5M) you pay $1 per bond/CD ($1,000 face), but maximum commission is $250 for a single trade rega...
by Mydanyale
Sat Apr 14, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9781

Re: 2-year AA Munis at Vanguard and Fidelity Today

Iliketoridemybike wrote:
Sat Apr 14, 2018 1:00 pm
Mydanyale wrote:
Fri Apr 13, 2018 5:11 pm
@Kevin

Re: Kaiser bonds
I hope you do realize that you bought the bonds above par, and upon maturity in a year, in total return, you will be losing money.
You don’t understand bonds.
Apparently not. Thank you for your comment.
by Mydanyale
Sat Apr 14, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9781

Re: 2-year AA Munis at Vanguard and Fidelity Today

For me, at 27% federal and 8% state marginal tax rates, not itemizing , this is a taxable-equivalent yield (TEY) of 3.099%. This is compared to the 2.65% yield on the best new-issue 2-year brokered CDs, which is an example of what I've been buying in tax-advantaged (typically getting slightly highe...
by Mydanyale
Sat Apr 14, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9781

Re: 2-year AA Munis at Vanguard and Fidelity Today

@Kevin Re: Kaiser bonds I hope you do realize that you bought the bonds above par, and upon maturity in a year, in total return, you will be losing money. The yield to maturity calculation factors in both the change in value of the bond from time of purchase to maturity (capital return) and the cou...
by Mydanyale
Sat Apr 14, 2018 6:20 am
Forum: Investing - Help with Personal Investments
Topic: What is the portfolio role of a leveraged bond fund like PONDX?
Replies: 60
Views: 5301

Re: What is the portfolio role of a leveraged bond fund like PONDX?

I am a bit calmer when it comes to leveraged bond funds. They are doing a carry trade. They are shorting short term low yield bonds and buying longer term higher yield bonds. As long as the yield curve slops upwards, that is as long as long term rates are higher than short term rates, you generate ...
by Mydanyale
Sat Apr 14, 2018 5:40 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 25005

Re: Anyone Deleting Facebook?

I did not delete the account but deleted the app from all my devices (it tracks like crazy). Also made sure all the privacy options are set to restrict everyone and every app. When I want to check something, I login from my PC browser in incognito mode and once I am done, logout and close the brows...
by Mydanyale
Sat Apr 14, 2018 5:39 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 25005

Re: Anyone Deleting Facebook?

http://www.nbcnews.com/id/42298789/ns/h ... epression/

Regular use is bad for mental health
by Mydanyale
Fri Apr 13, 2018 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Savings Bonds
Replies: 18
Views: 2362

Re: Question about Savings Bonds

Minimum term of ownership: 1 year
Interest-earning period: 30 years
Early redemption penalties:
Before 5 years, forfeit interest from previous 3 months
After 5 years, no penalty
by Mydanyale
Fri Apr 13, 2018 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Ditched bond fund for money market. Thoughts?
Replies: 40
Views: 4555

Re: Ditched bond fund for money market. Thoughts?

Instead of money market, how about switching to international bond fund? The Vanguard international bond index seems to be holding up nicely as opposed to Total bond index which is negative YTD. Curious what the group thinks about this. Interesting indeed. US is tapering but other countries are not...
by Mydanyale
Fri Apr 13, 2018 8:40 pm
Forum: Investing - Theory, News & General
Topic: Case for Tax-Managed LifeStrategy Income, Conservative, Moderate, Growth fund of funds
Replies: 10
Views: 1215

Re: Case for Tax-Managed LifeStrategy Income, Conservative, Moderate, Growth fund of funds

Today a lot of assets in 401k/IRAs have moved to Target Date or Life Strategy funds as simple set it and forget it fund of index funds. What would it do to robo advisers if Vanguard starts tax-managed equivalents of their lifestrategy or target date funds? A lot of robo advisers take similar approa...
by Mydanyale
Fri Apr 13, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9781

Re: 2-year AA Munis at Vanguard and Fidelity Today

How would amortization work in this case when the bonds are municipal and therefore, no state taxes will be paid for the interest?
by Mydanyale
Fri Apr 13, 2018 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: Put Extra $$ Into Taxable Fund or 401(k)?
Replies: 4
Views: 457

Re: Put Extra $$ Into Taxable Fund or 401(k)?

Depends on what you are going to do with respect to withdrawals from 401k If you are going to buy and hold, and then withdraw money upon retirement, it is a matter what your marginal tax rate at the time when you withdraw the money. In the taxable account, you willl be paying capital gains, long ter...
by Mydanyale
Fri Apr 13, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone in high bracket switching to muni. Money market?
Replies: 17
Views: 1975

Re: Anyone in high bracket switching to muni. Money market?

Municipal bond interest is excluded from the NIIT
That is a big plus for high income individuals to use munis for income

https://www.irs.gov/taxtopics/tc559
by Mydanyale
Fri Apr 13, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 134
Views: 9781

Re: 2-year AA Munis at Vanguard and Fidelity Today

@Kevin

Re: Kaiser bonds
I hope you do realize that you bought the bonds above par, and upon maturity in a year, in total return, you will be losing money.
by Mydanyale
Fri Apr 13, 2018 7:46 am
Forum: Investing - Help with Personal Investments
Topic: Employee IPO windfall - mid 7 figures
Replies: 30
Views: 3741

Re: Employee IPO windfall - mid 7 figures

It sounds like you have all your eggs in one basket. Suggest you diversify at bit, and gradually sell the stock. Should do it gradually so the tax hit will likely be lower than if you do it all at once. You can make it 30% of your assets instead of 80%. With the cash, you still have an option to mak...