Search found 129 matches

by yoyo6713
Sat May 09, 2020 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17936

Re: Quitting a job after two weeks: relocation expenses

OP were you bought in to fix a specific system issue or adding a specific feature? I meant it doesn't sound like you were to re-design/rewrite the system as it would take a lot longer than a couple weeks for a complex system. My feeling is that everyone is just pushy and you need to learn to push ba...
by yoyo6713
Mon Apr 27, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: Munis getting slaughtered!
Replies: 194
Views: 18627

Re: Munis getting slaughtered!

https://finance.yahoo.com/news/fed-extends-municipal-liquidity-facility-beyond-largest-cities-203008718.html Feds stepping in, deeper into the pool. I consider that to be good news. Yes, there was no reason for the population limitation, and I'm glad they removed it. They have not removed it yet.
by yoyo6713
Mon Apr 27, 2020 4:28 pm
Forum: Investing - Theory, News & General
Topic: Munis getting slaughtered!
Replies: 194
Views: 18627

Re: Munis getting slaughtered!

https://finance.yahoo.com/news/fed-exte ... 08718.html

Feds stepping in, deeper into the pool.
by yoyo6713
Sun Apr 12, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: Muni Crisis Hedging Ideas?
Replies: 14
Views: 964

Re: Muni Crisis Hedging Ideas?

I've been wondering if there's a good way to hedge Muni bonds. My thinking here is two fold, first get a sense of how risky people think Muni's are by looking at the cost of various hedge positions, and second potentially take out "insurance" on my Muni portfolio if it can be done for a dirt cheap ...
by yoyo6713
Sun Apr 12, 2020 9:51 am
Forum: Personal Finance (Not Investing)
Topic: How often do you login and review your investment accounts?
Replies: 68
Views: 2596

Re: How often do you login and review your investment accounts?

my google sheet is updated on 15 minute delay pricing from marketwatch.com. mutual funds typically get updated after 6:30pm daily. No login needed.
by yoyo6713
Fri Apr 10, 2020 8:30 am
Forum: Investing - Theory, News & General
Topic: Impact of newest Fed 2.3 Trillion on corporate bonds
Replies: 56
Views: 3749

Re: Impact of newest Fed 2.3 Trillion on corporate bonds

oneleaf wrote:
Thu Apr 09, 2020 1:12 pm
steve50 wrote:
Thu Apr 09, 2020 12:44 pm
Stocks are the new Bonds now! :happy
Good thing I'm 50/50 stocks/bonds, so this doesn't affect me!
So now you are 100% bonds and you think it doesn't affect you? The big picture changed and it affects everyone, I think.
by yoyo6713
Mon Apr 06, 2020 9:54 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75809

Re: I have COVID-19. Some thoughts.

Great that you are feeling better.

Since COVID-19 is a relatively new virus I still suggest take extreme caution even after recovery. I have read about folks in China discharged from hospital and then were re-admitted and things turned worse.

Wishing you a full and speedy recovery!
by yoyo6713
Thu Mar 26, 2020 12:43 pm
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

15% comeback in VTEB - unreal !! Is this perhaps the time we should liquidate VTEB and put it all into VGIT? This whole move (not like how it had played out during 2008) truly bothered me as someone who has his 30% bonds portfolio 50/50 VGIT/VTEB. This time we may have been saved by the Fed repurch...
by yoyo6713
Thu Mar 26, 2020 6:18 am
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

Huge jump yesterday:

VWLUX: +0.44 (4.00%)
VWIUX: +0.46 (3.4%)

Now that feds are buying short term munis, I bought (VTEB) back 10% of what I sold which represents an amount I would have lost if I had held on.
by yoyo6713
Tue Mar 24, 2020 6:39 am
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1220
Views: 108049

Re: Well, I am market timing due to coronavirus... Wish me luck.

willthrill81 wrote:
Sat Mar 21, 2020 9:55 am
LawProf wrote:
Sat Mar 21, 2020 8:58 am
(a) Stay the course, no matter what.

(b) It is never a bad time to buy stocks (i.e. price doesn't matter).
The second of those in particular really sticks in my craw.
Reminded me of real estate agents pushing folks to buy houses before 2008. :D
by yoyo6713
Mon Mar 23, 2020 7:17 am
Forum: Investing - Theory, News & General
Topic: S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open
Replies: 155
Views: 13426

Re: S&P500 and Dow Futures Halted After Reaching 5% Down Limit for Monday Open

BionicBillWalsh wrote:
Sun Mar 22, 2020 7:14 pm
yoyo6713 wrote:
Sun Mar 22, 2020 7:00 pm
Since when bogleheards start to watch the clock? :D

We still *could* open or close in green tomorrow, just saying.
That's adorable.
You are funny.
by yoyo6713
Sun Mar 22, 2020 7:04 pm
Forum: Personal Investments
Topic: Selling 100% stocks on a bounce
Replies: 256
Views: 22282

Re: Selling 100% stocks on a bounce

I've decided to sell 100% of my stocks in all investment accounts to preserve 2016 gains, and to prevent an irrecoverable loss in hard earned savings. This goes against all the rules I've learned about investing, but this time is very different so the rules go out the window. Stocks will keep crash...
by yoyo6713
Sun Mar 22, 2020 7:00 pm
Forum: Investing - Theory, News & General
Topic: S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open
Replies: 155
Views: 13426

Re: S&P500 and Dow Futures Halted After Reaching 5% Down Limit for Monday Open

Since when bogleheards start to watch the clock? :D

We still *could* open or close in green tomorrow, just saying.
by yoyo6713
Sun Mar 22, 2020 6:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19464
Views: 2695600

Re: U.S. stocks in free fall

Just remember China and South Korea are getting back to business. Just wanted to shed some positive light. The fear mongering is unbelievable. Stay the course. The fear mongers and market timers will go back to their caves when the recovery happens. Different countries and different cultures. The r...
by yoyo6713
Sun Mar 22, 2020 6:03 pm
Forum: Personal Investments
Topic: Get out now or ride it out?
Replies: 85
Views: 7182

Re: Get out now or ride it out?

What does DOW futures limit down hit mean on Google news, does that mean it will sky rocket tomorrow because it's at the bottom? We really need the recovery now, hoping for a massive 5K up day tomorrow. If the bill passes, maybe 6K up? It's not healthy to pin one's hope on a single day. Maybe reass...
by yoyo6713
Sun Mar 22, 2020 2:26 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4002
Views: 306627

Re: Coronavirus and the market

willthrill81 wrote:
Sun Mar 22, 2020 1:58 pm
yoyo6713 wrote:
Sun Mar 22, 2020 1:52 pm
I would not be shocked if the stocks rebounds from here.
On the basis of what information? Everything I'm seeing is indicating that economics are worsening, certainly not improving.
All 4 points in the post I was replying to were not unexpected to me.
by yoyo6713
Sun Mar 22, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4002
Views: 306627

Re: Coronavirus and the market

Lockdown likely until June. https://www.usnews.com/news/us/articles/2020-03-22/us-coronavirus-lockdown-to-last-10-12-weeks-top-trump-official-says I will be surprised if we don't have a depression. This is not news. I think in one of the tele-conference, the administration said it will go on until ...
by yoyo6713
Sun Mar 22, 2020 9:05 am
Forum: Investing - Theory, News & General
Topic: Chinese Stocks during the COVID-19 Pandemic
Replies: 95
Views: 8348

Re: Chinese Stocks during the COVID-19 Pandemic

I think when Wuhan was sealed off later half of Jan, I saw/read some complains that funds were not allowed to sell. Chinese market seemed to be mispriced or artifically propped up. When u.s. economy shrinks, there won't be many orders for the Chinese companies to fullfil. Exports are under 20% of C...
by yoyo6713
Sun Mar 22, 2020 9:04 am
Forum: Investing - Theory, News & General
Topic: Chinese Stocks during the COVID-19 Pandemic
Replies: 95
Views: 8348

Re: Chinese Stocks during the COVID-19 Pandemic

As always, one should never assume that publicly available information on the Chinese economy and markets is in any way an accurate indicator of the future of either. That I agree. I followed Chinese weibo from Mid Jan around the clock and saw tons and tons of posts were deleted. The official death...
by yoyo6713
Sun Mar 22, 2020 8:53 am
Forum: Investing - Theory, News & General
Topic: Understanding Bond ETF Discounts
Replies: 65
Views: 4385

Re: Understanding Bond ETF Discounts

If the ETF is trading at a discount to NAV on a day when you feel like selling, and if gates and redemption fees are not in effect, then you will get more money out of the mutual fund than you would have out of the ETF. Apparently, as much as 6.67% more in Vanguard Total Bond if you happened to pic...
by yoyo6713
Sun Mar 22, 2020 8:12 am
Forum: Investing - Theory, News & General
Topic: Chinese Stocks during the COVID-19 Pandemic
Replies: 95
Views: 8348

Re: Chinese Stocks during the COVID-19 Pandemic

I think when Wuhan was sealed off later half of Jan, I saw/read some complains that funds were not allowed to sell. Chinese market seemed to be mispriced or artifically propped up. When u.s. economy shrinks, there won't be many orders for the Chinese companies to fullfil. Exports are under 20% of C...
by yoyo6713
Sun Mar 22, 2020 8:10 am
Forum: Investing - Theory, News & General
Topic: Understanding Bond ETF Discounts
Replies: 65
Views: 4385

Re: Understanding Bond ETF Discounts

So am I right to conclude that if you want to buy into munis now you should buy ETF(VTEB) instead of the mutual fund(VWLUX)?
by yoyo6713
Sat Mar 21, 2020 8:11 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 53129

Re: How Is Your Job Being Impacted By The Current Crisis?

Software developer for a financial firm on the east coast.

Nothing is stable in this environment as any company can go under in a blink of an eye especially an employer like mine who uses leverage. I am fully prepared for the worst case scenario. WFH for the past 3 weeks.
by yoyo6713
Sat Mar 21, 2020 7:27 pm
Forum: Investing - Theory, News & General
Topic: Chinese Stocks during the COVID-19 Pandemic
Replies: 95
Views: 8348

Re: Chinese Stocks during the COVID-19 Pandemic

I think when Wuhan was sealed off later half of Jan, I saw/read some complains that funds were not allowed to sell. Chinese market seemed to be mispriced or artifically propped up. When u.s. economy shrinks, there won't be many orders for the Chinese companies to fullfil.
by yoyo6713
Sat Mar 21, 2020 7:09 pm
Forum: Investing - Theory, News & General
Topic: Why do people keep saying you have to be right twice?
Replies: 213
Views: 7859

Re: Why do people keep saying you have to be right twice?

OP, try this: https://engaging-data.com/market-timing-game/ See how you do after 10 runs. I don't know why you keep posting this (or maybe someone else also did). When you are playing you are flying blind and that is not the case with investment. Investing may be worse than blind. How much do you t...
by yoyo6713
Sat Mar 21, 2020 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: How does 07-08 compare to the market in 2020?
Replies: 22
Views: 2151

Re: How does 07-08 compare to the market in 2020?

https://media-exp1.licdn.com/dms/image/C4E22AQGpSyW_q_J6Cw/feedshare-shrink_800/0?e=1587600000&v=beta&t=ErE6vg2d3e5MxQaltVIIFR-jj58uWjzfmw3xfdqVNGs It will be interesting to see the return for the previous years performance as well. Remember last year S&P went up like 30%, right? The chart will be ...
by yoyo6713
Sat Mar 21, 2020 4:59 pm
Forum: Investing - Theory, News & General
Topic: Why do people keep saying you have to be right twice?
Replies: 213
Views: 7859

Re: Why do people keep saying you have to be right twice?

watchnerd wrote:
Sat Mar 21, 2020 3:55 pm
OP, try this:

https://engaging-data.com/market-timing-game/

See how you do after 10 runs.
I don't know why you keep posting this (or maybe someone else also did). When you are playing you are flying blind and that is not the case with investment.
by yoyo6713
Sat Mar 21, 2020 1:59 pm
Forum: Personal Investments
Topic: Guys I Rebalanced (Moved Monies Out Of S&P 500)
Replies: 301
Views: 18329

Re: Guys I Rebalanced (Moved Monies Out Of S&P 500)

OP, if you are trying to talk people here out of "staying the course" you are talking to the wrong audience. It doesn't matter you are right or you are wrong. You do what's you think is the best for yourself. I hope you are right because then you will be happy and folks here will be ecstatic as they...
by yoyo6713
Sat Mar 21, 2020 9:40 am
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

I understand the frustration of losing money in so called conservative muni funds. The question is what to do going forward. I personally do not see much upside potential in muni bonds when eventual recovery occurs. Interest rates cannot drop much more. We are already near zero. So I guess the mill...
by yoyo6713
Sat Mar 21, 2020 9:02 am
Forum: Investing - Theory, News & General
Topic: ETFs at Discount to NAV: Anyone Freaking Out?
Replies: 68
Views: 4517

Re: ETFs at Discount to NAV: Anyone Freaking Out?

ETFs acted crazy in both 2008 and 2020, and this is an inherent feature of an investment product that can be traded like a stock. You can't fix this. I think ETFs are fine for arbitrage bets or for investors who like trading stocks. Not for me. I'll trust the mutual fund accountants who calculate N...
by yoyo6713
Sat Mar 21, 2020 7:54 am
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

03/19/20: VWLUX: - 0.36 (-3.13%) VWIUX: - 0.35 (-2.50%) 03/20/20: VWLUX: - 0.32 (-2.88%) VWIUX: - 0.34 (-2.49%) Today VTEB went up 2.34% which my guess was VTEB has more short term munis the feds are buying? VWLUX, VWIUX didn't behave like 2008's to me (-2.5% on consequtive days and -12% in 10 days...
by yoyo6713
Sat Mar 21, 2020 7:19 am
Forum: Personal Finance (Not Investing)
Topic: NFCU Waiving EWP
Replies: 10
Views: 904

Re: NFCU Waiving EWP

I called them to see what the “catch” is. Very weird convo with the CSR. I called twice because it was so strange... They want to hear about my hardship and have a “conversation” (their word not mine) about my situation before waiving the EWP. This just doesn’t seem right. How will they know I’m no...
by yoyo6713
Sat Mar 21, 2020 7:13 am
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1220
Views: 108049

Re: Well, I am market timing due to coronavirus... Wish me luck.

Bit of a role reversal going on here :) I'm just wondering where all these fellow market timers were when I was getting booed off the stage 2 months ago. :wink: But wow seems like I was just one of dozens who cashed out before the drop and they all went even further than I did. I wonder why none me...
by yoyo6713
Sat Mar 21, 2020 6:49 am
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

03/19/20: VWLUX: - 0.36 (-3.13%) VWIUX: - 0.35 (-2.50%) 03/20/20: VWLUX: - 0.32 (-2.88%) VWIUX: - 0.34 (-2.49%) Today VTEB went up 2.34% which my guess was VTEB has more short term munis the feds are buying? VWLUX, VWIUX didn't behave like 2008's to me (-2.5% on consequtive days and -12% in 10 days...
by yoyo6713
Fri Mar 20, 2020 11:15 pm
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

03/19/20: VWLUX: - 0.36 (-3.13%) VWIUX: - 0.35 (-2.50%) 03/20/20: VWLUX: - 0.32 (-2.88%) VWIUX: - 0.34 (-2.49%) Today VTEB went up 2.34% which my guess was VTEB has more short term munis the feds are buying? VWLUX, VWIUX didn't behave like 2008's to me (-2.5% on consequtive days and -12% in 10 days...
by yoyo6713
Fri Mar 20, 2020 8:43 pm
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

VWIUX took another beating today. Assuming I don’t need the money near term do I just wait it out or should I sell? I could use the TLH if prudent. Would greatly appreciate advice. I don't want to give buy or sell advice...just some thoughts... I just got into TLH territory today with VWIUX. I'm tr...
by yoyo6713
Fri Mar 20, 2020 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: NFCU Waiving EWP
Replies: 10
Views: 904

Re: NFCU Waiving EWP

OAG wrote:
Fri Mar 20, 2020 8:33 am
Navy Federal Credit Union is waving early withdrawal penalties on Certificates of Deposit. Thoughtful gesture (IMO). Hope others will follow.
Problem is my CD with NFCU is paying 3.5% for the 1.5 years (10 year CD). Not goining to throw that away yet.
by yoyo6713
Fri Mar 20, 2020 7:03 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds don't work in a crisis
Replies: 179
Views: 13010

Re: Bond Funds don't work in a crisis

... rather I thought they were supposed to go up when interest rates went down. This is true for government bonds, but.. The price of a bond MUST go up when the yield on that bond goes down. This relationship is ironclad: a tautology, so to speak. Bond yields and interest rates, though, are only lo...
by yoyo6713
Fri Mar 20, 2020 6:52 pm
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

VWIUX took another beating today. Assuming I don’t need the money near term do I just wait it out or should I sell? I could use the TLH if prudent. Would greatly appreciate advice. I don't want to give buy or sell advice...just some thoughts... I just got into TLH territory today with VWIUX. I'm tr...
by yoyo6713
Fri Mar 20, 2020 6:30 pm
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

03/19/20: VWLUX: - 0.36 (-3.13%) VWIUX: - 0.35 (-2.50%) 03/20/20: VWLUX: - 0.32 (-2.88%) VWIUX: - 0.34 (-2.49%) Today VTEB went up 2.34% which my guess was VTEB has more short term munis the feds are buying? VWLUX, VWIUX didn't behave like 2008's to me (-2.5% on consequtive days and -12% in 10 days).
by yoyo6713
Fri Mar 20, 2020 10:12 am
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

Finally, fed comes to the rescue!
by yoyo6713
Fri Mar 20, 2020 6:49 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 157
Views: 13199

Re: Sage forum people what are the right lessons to draw from this crash?

Hindsight is 20/20. We saw what happened in Wuhan back in January. They locked down an entire region and didn't care if they wrecked the economy doing it. Meanwhile we were all over here not getting the message of what was coming. Now we are voluntarily destroying jobs and wealth on a massive scale...
by yoyo6713
Thu Mar 19, 2020 8:09 pm
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

I bought a slug of VWIUX in taxable in mid January and it is down over 6% counting today's 2.5% decline. I thought it would be more stable than this in a drawdown-certainly did not expect this type of volatility. I may use it to rebalance into Total Stock Market instead of using the money market fu...
by yoyo6713
Thu Mar 19, 2020 5:04 pm
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX

yoyo6713, I own muni bonds that are dropping too. But I also own equities and I'm much more worried about them! Do you own equities? If you compare the performance between bonds and equities over the last month or year, hopefully that gives you some solace. I do own equities but my bond positions w...
by yoyo6713
Thu Mar 19, 2020 4:45 pm
Forum: Personal Investments
Topic: VWLUX and VWIUX [Long and Intermediate tax-exempt]
Replies: 94
Views: 5627

Re: VWLUX and VWIUX [Long and Intermediate tax-exempt]

hudson wrote:
Thu Mar 19, 2020 12:20 pm
yoyo6713,
Did you read nisiprius's contribution in this discussion: viewtopic.php?p=5112172#p5112172
I did thank you. I read every post related to bonds.
by yoyo6713
Thu Mar 19, 2020 11:44 am
Forum: Personal Investments
Topic: FDIC Coverage Questions
Replies: 3
Views: 149

Re: FDIC Coverage Questions

Try this: https://edie.fdic.gov/calculator.html
add your accounts and calculate coverage.

Notice adding beneficaries (a different person) will bump your coverage up by 250K for each additional)
by yoyo6713
Thu Mar 19, 2020 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 239
Views: 21599

Re: Ally 1% bonus, up to $250

I opened the 1.75 percent 11 month No Penalty CD on March 14th and immediately funded through ACH from an existing bank in my Ally profile. Now that the funds are showing today, my CD rate is listed as 1.5 percent, which is the No Penalty CD rate as of today. Is that the way it's supposed to work? ...