Search found 258 matches

by emlowe
Sun May 17, 2020 12:48 am
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10360

Re: Please tell me I'm not crazy [What to do with "idle" cash?]

Where do you put the next 6 months worth of EF? Simply more high interest savings? Bonds? Treasuries, as some have suggested here? Vanguard LifeStrategy? HY savings or CDs are very reasonable choices. But as I mentioned earlier, I-Bonds (US Series I Savings Bonds) are an excellent EF vehicle. - liq...
by emlowe
Sat May 16, 2020 6:23 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10360

Re: Please tell me I'm not crazy

I bonds are a great option. I have unfortunately neglected that option over the years because of how little you can purchase at one time. If I did not ignore them, by now I would have had a decent I bond position. Maybe it is time I look again. Never too late, although the current fixed rate reset ...
by emlowe
Sat May 16, 2020 2:32 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10360

Re: Please tell me I'm not crazy

Koala, I have a feeling that my perspective may help a little: ... Money is fungible And Lots of Good Info You Should Read ... I hope this helps. If not, well, I wasted my time EnjoyIt, I very much enjoyed your post and it certainly wasn't a waste of time. It is important to understand that money i...
by emlowe
Thu Apr 30, 2020 8:46 pm
Forum: Personal Investments
Topic: difference between SLV, silver and silver coin
Replies: 11
Views: 639

Re: difference between SLV, silver and silver coin

For inflation protection, you might consider TIPS or I-Bonds.

I'd rather buy I-Bonds for inflation protection than some silver/gold coins.
by emlowe
Wed Apr 15, 2020 10:21 pm
Forum: Personal Investments
Topic: Where can I read more about the minutia of employee stock purchase plans (ESPP)?
Replies: 17
Views: 905

Re: Where can I read more about the minutia of employee stock purchase plans (ESPP)?

Qualifying dispositions do have better treatment of the discount - the discount can be less in the qualifying case because it is the lessor of the discount on the grant date or the sold date. So this can make a big difference on the amount of compensation income if the stock has gone up.
by emlowe
Wed Apr 15, 2020 9:46 pm
Forum: Personal Investments
Topic: Where can I read more about the minutia of employee stock purchase plans (ESPP)?
Replies: 17
Views: 905

Re: Where can I read more about the minutia of employee stock purchase plans (ESPP)?

Generally, your captive broker (the one used to purchase your ESPP shares) will not let you transfer them until they are "qualifying". At which point, you can transfer them to your brokerage of choice (sometimes the captive broker does not allow any transfers) To answer that specific question. You c...
by emlowe
Sun Apr 12, 2020 4:46 pm
Forum: Personal Investments
Topic: Qualifying disposition of ESPP with a loss - what about tax?
Replies: 2
Views: 196

Re: Qualifying disposition of ESPP with a loss - what about tax?

You will report 0 ordinary income - your ordinary income calculation on qualifying is limited to your gain. Since there is no gain, there is no ordinary income. You don't need to report it at all, AFAIK. There is a worksheet, but since the result is 0, you would just put 0 on the appropriate line on...
by emlowe
Sat Apr 11, 2020 4:15 pm
Forum: Personal Investments
Topic: I-Bonds: March 2020 BLS CPI-U report
Replies: 18
Views: 1802

Re: I-Bonds: March 2020 BLS CPI-U report

The i-bonds bonds you buy before May 1 will return 2.22% for 6 months, the next 6 months after that will be 1.26%.

but this is true only for bonds bought prior to May 1.
by emlowe
Fri Apr 10, 2020 6:11 pm
Forum: Personal Investments
Topic: I-Bonds: March 2020 BLS CPI-U report
Replies: 18
Views: 1802

Re: I-Bonds: March 2020 BLS CPI-U report

Agreed. I honestly believed it would happen in May. Since, it will not I can imagine the combined rate going to 0 in November. If that does happen and someone wants to hold this for just a year, the 3 month penalty would be moot since it would be the last three months of zero. Hence, while I am a l...
by emlowe
Fri Apr 10, 2020 5:53 pm
Forum: Personal Investments
Topic: Cash: Is there any reason to buy Treasuries right now?
Replies: 13
Views: 1983

Re: Cash: Is there any reason to buy Treasuries right now?

Vanguard Short Term Federal Fund (VSGDX) is 55% Government Mortgage-Backed. It is not a Treasury fund - it has only 22% in Treasuries/Agency backed. (from the Prospectus: "The Fund invests at least 80% of its assets in short-term bonds issued or guaranteed by the U.S. government and its agencies and...
by emlowe
Fri Apr 10, 2020 4:40 pm
Forum: Personal Investments
Topic: Cash: Is there any reason to buy Treasuries right now?
Replies: 13
Views: 1983

Re: Cash: Is there any reason to buy Treasuries right now?

Liquidity might be one reason.

Also, there is an argument that Treasuries (T-bills) are in some sense more secure than FDIC protection - although this seems to be splitting very fine hairs to me.
by emlowe
Fri Apr 10, 2020 3:34 pm
Forum: Personal Investments
Topic: I-Bonds: March 2020 BLS CPI-U report
Replies: 18
Views: 1802

Re: I-Bonds: March 2020 BLS CPI-U report

Yes, this is a nice surprise given the current economy. Make sure to buy them before May 1st, and you will get 2.22% for 6 months and then 1.26% for 6 months which is about 1.74% for 1 year. (this is on par with 1-yr CD rates) However, the consensus is the fixed-rate, currently 0.2%, will drop to 0....
by emlowe
Sun Apr 05, 2020 5:02 pm
Forum: Personal Investments
Topic: I Bond Question
Replies: 5
Views: 664

Re: I Bond Question

For a single-trustee living trust, there are none - just a legally created single-trustee living trust and you can create an entity account with TD. For joint (or multiple trustee) trusts, you have to show that one person can independently act on behalf of the trust since in an online account, only ...
by emlowe
Sun Apr 05, 2020 1:58 pm
Forum: Personal Investments
Topic: I Bond Question
Replies: 5
Views: 664

Re: I Bond Question

You can also create a family trust and buy 10k in the trust account - there are some minor rules for how a joint trust needs to be owned. In fact, you can create as many trusts as you want, create accounts for each trust, and buy 10k for each one. (But since each one is a separate TreasuryDirect ent...
by emlowe
Mon Mar 30, 2020 12:57 pm
Forum: Personal Investments
Topic: 3 fund portfolio how does it hold up in a recession?
Replies: 17
Views: 1564

Re: 3 fund portfolio how does it hold up in a recession?

Are you eligible for a pension and does it have COLA (cost of living adjustments)? You can consider being slightly more aggressive with stocks if you have some pension money coming in at retirement. IMO, it's pretty hard to go wrong with a 60% stocks - 40% bonds portfolio in general. I don't think t...
by emlowe
Mon Mar 30, 2020 12:38 pm
Forum: Personal Investments
Topic: Sell and Buy at Fidelity
Replies: 16
Views: 815

Re: Sell and Buy at Fidelity

You don't say whether this is a taxable account - even in this current market you might have cap gains, so just be aware. You may want to consider the Zero Fidelity funds: Fidelity ZERO Total Market Index Fund (FZROX) in place of Fidelity Total Market (FSKAX) Fidelity® ZERO International Index Fund ...
by emlowe
Fri Mar 27, 2020 3:41 pm
Forum: Personal Investments
Topic: Treasury Bills
Replies: 4
Views: 465

Re: Treasury Bills

Also on this topic here:

viewtopic.php?f=1&t=309146
by emlowe
Fri Mar 27, 2020 3:38 pm
Forum: Personal Investments
Topic: Puzzled by Treasury Bill Market
Replies: 3
Views: 464

Re: Puzzled by Treasury Bill Market

There was a poster recently who had to call the Fidelity fixed-income desk directly, and they matched they sell with a buyer. I guess the normal market makers aren't taking retail orders because they are concerned they will take some losses. So you needed to call the desk and they matched you up dir...
by emlowe
Fri Mar 27, 2020 3:33 pm
Forum: Personal Investments
Topic: Negative T-bills
Replies: 39
Views: 2838

Re: Negative T-bills

T-bills are not subject to state tax. Of course, buying zero-coupon bills at a discount of 0 you won't pay much tax anyway.
by emlowe
Fri Mar 27, 2020 11:24 am
Forum: Personal Investments
Topic: Ibonds for Emergency Fund
Replies: 14
Views: 1213

Re: Ibonds for Emergency Fund

A fund or ETF is easier for sure, but TIPS are not tax-deferred - and TIPS funds can go down in value in short periods. Your I-Bond, of course, can never lose money and generally your purchase power remains constant with inflation. I-Bonds also have better deflation protection, but deflation hasn't ...
by emlowe
Thu Mar 26, 2020 4:40 pm
Forum: Personal Investments
Topic: Why isn't this time different?
Replies: 46
Views: 3477

Re: Why isn't this time different?

death is not as bad if the choice is between death and looking like someone threw acid on your face
Well, now you are just trolling.

My suggestion - feed your fears and read "The Hot Zone" by Richard Preston
by emlowe
Thu Mar 26, 2020 11:09 am
Forum: Personal Investments
Topic: Ibonds for Emergency Fund
Replies: 14
Views: 1213

Re: Ibonds for Emergency Fund

I can think of 4 downsides: a) limited amount you can purchase per year (without creating multiple trusts etc) b) 1 year holding period c) having to deal with Treasury Direct b) ACH wait times That said, the wife and I started about 4 years ago putting the maximum in each year as a E-fund and bond "...
by emlowe
Wed Mar 25, 2020 10:37 pm
Forum: Personal Investments
Topic: AAA/AA muni fund?
Replies: 1
Views: 174

Re: AAA/AA muni fund?

You asked a confusing question. Do you want muni bonds? Any bond fund that is 100% treasuries is, of course, the highest-rated - VGIT comes to mind, as does VGLT or VGSH. There is also VTIP is you want TIPS There is also BIV - opps this has lots of Baa rated. However, none of those are muni bond fun...
by emlowe
Wed Mar 25, 2020 9:29 pm
Forum: Personal Investments
Topic: Why isn't this time different?
Replies: 46
Views: 3477

Re: Why isn't this time different?

An estimated 85 million people died in WW2 - 3% of the total world population. "Some Russian scholars put the total number of (Russian) losses in the war, both civilian and military, at over 40 million" 1918 Flu: 20+ million deaths 1956-1958 Asian Flu: 2 million deaths 1968 Flu: 1 million deaths To ...
by emlowe
Wed Mar 25, 2020 2:00 pm
Forum: Personal Investments
Topic: 50% S&P500 /25% Bonds /25% Cash
Replies: 14
Views: 1270

Re: 50% S&P500 /25% Bonds /25% Cash

invest8104 wrote:
Wed Mar 25, 2020 1:47 pm

I need a high cash position for other investments - Businesses & RE.
Is this cash really a part of your investment portfolio? It seems it is part of your operating expenses. It's on your balance sheet, but it's not part of your investment AA
by emlowe
Tue Nov 19, 2019 3:32 pm
Forum: Personal Investments
Topic: How to withdraw HSA funds for past medical expenses?
Replies: 4
Views: 495

Re: How to withdraw HSA funds for past medical expenses?

The IRS says - Publication 969 (2018) Recordkeeping. You must keep records sufficient to show that: The distributions were exclusively to pay or reimburse qualified medical expenses, The qualified medical expenses hadn’t been previously paid or reimbursed from another source, and The medical expense...
by emlowe
Fri Nov 01, 2019 12:24 pm
Forum: Personal Investments
Topic: any canucks living in US? i've got an RRSP question
Replies: 7
Views: 725

Re: any canucks living in US? i've got an RRSP question

For a non-resident, I'm pretty sure the withholding tax is 25% - so if you liquidate your RRSP (ie, please sell everything and send me a check) - the bank will withhold 25% You then pay just all the typical US taxes as if this was a regular brokerage account (cap gains, etc) - but you get to apply t...
by emlowe
Tue Oct 29, 2019 12:09 pm
Forum: Personal Investments
Topic: any canucks living in US? i've got an RRSP question
Replies: 7
Views: 725

Re: any canucks living in US? i've got an RRSP question

At least in 2001, California did not require taxes on the annual earnings. It may have changed. The source is no longer available, unfortunately: "http://www.calcpa.org/californiacpa/articles/2001/08.04.html" Canadian RRSPs People who move to California from Canada frequently have RRSP accounts, whi...
by emlowe
Mon Oct 28, 2019 5:31 pm
Forum: Personal Investments
Topic: any canucks living in US? i've got an RRSP question
Replies: 7
Views: 725

Re: any canucks living in US? i've got an RRSP question

Note, all my experiences are 20 years old now - it's quite possible things have changed: Depending on your bank - you can likely keep your RRSP - however, you cannot make any more contributions. You may also have trouble doing any trading, other than dividend re-investment. Earnings in there will co...
by emlowe
Thu Oct 17, 2019 9:10 am
Forum: Personal Investments
Topic: I'm an indexer, but should I be buying my companies discounted stock?
Replies: 42
Views: 3489

Re: I'm an indexer, but should I be buying my companies discounted stock?

Sounds like an ESPP plan - but you need to get exact details. How much can you contribute per pay period? (10% of pay is a common limit) How often are purchases done? (6 months is common) How is the purchase price calculated? (some plans have a look-back feature) Are there any fees involved in eithe...
by emlowe
Wed Jul 24, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is solar power for your home a worthwhile investment?
Replies: 145
Views: 15055

Re: Is solar power for your home a worthwhile investment?

Re: Is solar power for your home a worthwhile investment?Quote Valuethinker by Valuethinker » Tue Jul 23, 2019 4:44 am 2) Solar generation pretty drops off precipitously from 4-6pm. Just for FYI, I'm in NorCal - At 4pm I produce about 77% of peak production At 5pm: 56% At 6pm: 21% At 7pm: 10%
by emlowe
Wed Jul 24, 2019 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Is solar power for your home a worthwhile investment?
Replies: 145
Views: 15055

Re: Is solar power for your home a worthwhile investment?

Re: Is solar power for your home a worthwhile investment?Quote Valuethinker by Valuethinker » Tue Jul 23, 2019 4:44 am Hi Emlowe, do you mind sharing what your power company is charging you exactly in terms of rate structure? There is no economic argument for my solar - I think currently it is like...
by emlowe
Mon Jul 22, 2019 9:12 pm
Forum: Personal Investments
Topic: new windfall: investment questions
Replies: 22
Views: 4192

Re: new windfall: investment questions

... Also at Vanguard, I have a non-IRA account, with (Rick Ferri) Core Four: VBTLX (40%,total bond market), VFWAX (15%, int'l), VGSLX (10%, real estate), VTSAX (35%, U.S.total). ... 2) Any thoughts on my Core Four? 3) Any legal way to get more than $7k in the Roth, or any way to minimize taxes for ...
by emlowe
Mon Jul 22, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of children
Replies: 49
Views: 2236

Re: Cost of children

For instance, some of us actually do raise our own kids instead of outsourcing that duty, -TheDDC Please tell me this statement gets removed. Why? Everyone has a choice on what to outsource and opinions differ. I do find it unfortunate that (1) many parents today readily assume that daycare is a ne...
by emlowe
Mon Jul 22, 2019 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Is solar power for your home a worthwhile investment?
Replies: 145
Views: 15055

Re: Is solar power for your home a worthwhile investment?

Projections can be tricky - even with net-use metering buybacks. My electrical company started to do 2 things that make the initial projections pretty invalid when I put in solar: 1) Starting charging LESS per (kWh) - ohh sounds great right? Starting charging MORE "flat connection fee". This reduced...
by emlowe
Sun Jul 21, 2019 9:48 pm
Forum: Personal Investments
Topic: seeking advice for bond fund for 3 fund portfolio for taxable account
Replies: 7
Views: 1164

Re: seeking advice for bond fund for 3 fund portfolio

bluquark wrote:
Sat Jul 20, 2019 11:43 pm
Even if Fidelity charges a transaction fee to use that, it should be much less than the cost of the expense ratio.
Just for information: MUB is (currently) commission-free at Fidelity
by emlowe
Sun Jul 21, 2019 5:50 pm
Forum: Personal Investments
Topic: 529 savings if not used
Replies: 6
Views: 1088

Re: 529 savings if not used

Withdrawals will be a pro-rata combination of contributions and earnings.

So in your example, if you withdraw 10,000

9,345 will be contributions (no tax due and no penalty)
655 will be earnings subject to 10% penalty and income tax
by emlowe
Sat Jul 20, 2019 5:53 pm
Forum: Personal Investments
Topic: What tilt(s) have you adopted?
Replies: 28
Views: 1996

Re: What tilt(s) have you adopted?

I'm using Ferri Classic Core-4, so I'm tilted towards REITs, I suppose

40% TBM
7% REIT
36% Total US
17% Total International
by emlowe
Sat Jul 20, 2019 5:28 pm
Forum: Personal Investments
Topic: Portfolio review, ~10 years from retirement
Replies: 9
Views: 1028

Re: Portfolio review, ~10 years from retirement

This looks like a solid plan, and the two of you are doing very well! I only have one suggestion- I don’t think the two Fidelity funds in your taxable account (FSKAX and FZILX) are as tax-efficient as their Vanguard counterparts (Total US Stock = VTSAX and Total international = VTIAX). Although the...
by emlowe
Sat Jul 20, 2019 4:07 pm
Forum: Personal Investments
Topic: My quick review & some guidance needed
Replies: 18
Views: 1586

Re: My quick review & some guidance needed

You may find https://www.i-orp.com/apenalty/index.html

Helps with your planning.

I've not that familiar with the tool myself but I think it will show you some things you are trying to figure out
by emlowe
Sat Jul 20, 2019 12:51 am
Forum: Personal Investments
Topic: My quick review & some guidance needed
Replies: 18
Views: 1586

Re: My quick review & some guidance needed

Just to add, for me personally you are pretty light on Bonds - by my calculation ~ 15%. But I suppose this is the asset allocation that is comfortable for you. How much benefit vs. Investing in the taxable account? Especially when factoring early retirement needs? It's this math (and ease of access...
by emlowe
Fri Jul 19, 2019 11:58 pm
Forum: Personal Investments
Topic: with 10K limit is an I-bond worth it?
Replies: 6
Views: 897

Re: with 10K limit is an I-bond worth it?

I'll just point out - you can buy more if you really want. A trust can also buy 10k and there is technically no limit on the number of trusts you can create to buy more if you want. A simple example, for a married couple: Spouse A buys 10k Spouse A trust buys 10k Spouse B buys 10k Spouse B trust buy...
by emlowe
Fri Jul 19, 2019 11:54 pm
Forum: Personal Investments
Topic: My quick review & some guidance needed
Replies: 18
Views: 1586

Re: My quick review & some guidance needed

Just to add, for me personally you are pretty light on Bonds - by my calculation ~ 15%. But I suppose this is the asset allocation that is comfortable for you.
by emlowe
Fri Jul 19, 2019 11:48 pm
Forum: Personal Investments
Topic: My quick review & some guidance needed
Replies: 18
Views: 1586

Re: My quick review & some guidance needed

If your company has started offering the Mega Back Door - then for sure you should do that - this lets you save a bunch more into a tax-advantaged account. Eg, if you contribute the max (19k) and there is no company match, you can put another 37k into a Roth vehicle. Basically, no reason that I can ...
by emlowe
Tue Jul 16, 2019 10:21 pm
Forum: Personal Investments
Topic: US citizen retiring in Spain - portfolio concern
Replies: 25
Views: 2484

Re: US citizen retiring in Spain - portfolio concern

I believe CHF denominated bonds are sometimes used for hedging - perhaps iShares Swiss Domestic Government Bond 7-15 ETF (CH) I honestly have no idea, but I know some funds use CHF bonds as an inflation hedge because historically it is a very stable currency (this reputation has been damaged somewha...
by emlowe
Fri Jul 12, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do foreign nationals need to file US income taxes?
Replies: 10
Views: 977

Re: Do foreign nationals need to file US income taxes?

This is not a simple subject.

You should start from the position that ALL LPRs must declare and report their worldwide income and file a 1040.

There are cases where you may not have to - but I expect you would need professional advice on this aspect.
by emlowe
Tue Jun 25, 2019 2:32 pm
Forum: Personal Investments
Topic: Tangled Portfolio Review – Looking to Streamline
Replies: 22
Views: 1463

Re: Tangled Portfolio Review – Looking to Streamline

HSA in California, an alternative is to use Treasuries, since they are state-tax free.

I periodically move money from my employer HSA to Fidelity and auto-roll treasuries

This then becomes part of your bond allocation.
by emlowe
Tue Jun 25, 2019 12:03 pm
Forum: Personal Investments
Topic: Best place for temp cash in Fidelity HSA?
Replies: 11
Views: 1354

Re: Best place for temp cash in Fidelity HSA?

If you are in California, then FDLXX (Fidelity Treasury Only) might be better due to state taxation of HSA accounts

You can also auto-roll treasuries
by emlowe
Sun Mar 17, 2019 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217585

Re: Fidelity as a one stop shop

Can someone explain clearly: Do you need both a brokerage account AND a CMA account to have a MM fund as a sweep account? Just trying to avoid having cash swept to a bank account (if I go this direction, which is uncertain). Please explain like I'm 14 years old how to optimize cash management at Fi...