Search found 50 matches

by Nickel & Dime
Fri Jan 01, 2021 1:40 pm
Forum: Investing - Theory, News & General
Topic: How much cash do you hold in your investment account?
Replies: 53
Views: 4520

Re: How much cash do you hold in your investment account?

I don’t have a specifics allocation to cash. I don’t even have a separate emergency fund account anymore. I simply have one cash account. That is it. We build it each pay period. No limits. No rules. Just plain old cash. There when we need it. Tony I do something similar. I only hold “cash” in my c...
by Nickel & Dime
Fri Jan 01, 2021 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus payment
Replies: 6
Views: 935

Re: Stimulus payment

This was my situation during the first stimulus payment. In my case, the direct deposit did not transact, so it was mailed to me automatically. Also, it wasn’t a very long wait to receive the check. Good luck!
by Nickel & Dime
Sun Dec 27, 2020 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Best Way to Collect Rent Electronically?
Replies: 89
Views: 4368

Re: Best Way to Collect Rent Electronically?

I am a renter, and they have these options: 1. Credit card with a 3% fee :shock:. Yep, that’s what my landlord said... maybe she was wrong??? 2. Debit card with a $3.95 fee 3. E check linked to a bank account and a $.99 fee 4. Good old fashioned check put into the apartment drop box= free These fees...
by Nickel & Dime
Sun Dec 27, 2020 1:02 am
Forum: Personal Consumer Issues
Topic: Tips for Frugal Living
Replies: 284
Views: 27015

Re: Tips for Frugal Living

From a New York City dweller who works here as well: 1) Don’t have kids What happens when you teach your golden years...u see ppl around you enjoying grandchildren and all u feel is a void? I’m sorry, that’s just a bizarre comment. Not everyone wants children. Yep. Having children in hopes of havin...
by Nickel & Dime
Thu Dec 24, 2020 11:27 pm
Forum: Investing - Theory, News & General
Topic: What long-term real return do you now expect?
Replies: 86
Views: 7951

Re: What long-term real return do you now expect?

I know nothing, but here's what I'm guesstimating (real) for my three fund portfolio: Stocks: 4% Bonds: 2% Cash: 1% The stock number may be pessimistic and the fixed income numbers may be optimistic, but time will tell. Considering that TIPS of all maturities are negative right now, +2% real is wil...
by Nickel & Dime
Sat Dec 12, 2020 5:27 pm
Forum: Investing - Theory, News & General
Topic: Why is the withdrawal age 59 1/2?
Replies: 21
Views: 2648

Re: Why is the withdrawal age 59 1/2?

I have always wondered why the IRS set the age at 59 1/2. What is the significance of having the “half”? Why did they not just round up to 60? Is there is a valid reason for this? Just curious... As mentioned already, 59.5 not something the IRS came up with. It's law - and that comes from (the two ...
by Nickel & Dime
Sat Dec 12, 2020 3:53 pm
Forum: Investing - Theory, News & General
Topic: Why is the withdrawal age 59 1/2?
Replies: 21
Views: 2648

Re: Why is the withdrawal age 59 1/2?

Nate79 wrote: Sat Dec 12, 2020 3:50 pm
Nickel & Dime wrote: Sat Dec 12, 2020 3:45 pm But then why did they make the IRS rule of 55, and not 55 1/2 (lol)?
Ask your congressman. This is a political question, it has nothing to do with the IRS.
Good point. I bet they won’t know either...
by Nickel & Dime
Sat Dec 12, 2020 3:45 pm
Forum: Investing - Theory, News & General
Topic: Why is the withdrawal age 59 1/2?
Replies: 21
Views: 2648

Re: Why is the withdrawal age 59 1/2?

But then why did they make the IRS rule of 55, and not 55 1/2 (lol)?
by Nickel & Dime
Sat Dec 12, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: Why is the withdrawal age 59 1/2?
Replies: 21
Views: 2648

Why is the withdrawal age 59 1/2?

I have always wondered why the IRS set the age at 59 1/2. What is the significance of having the “half”? Why did they not just round up to 60? Is there is a valid reason for this? Just curious...
by Nickel & Dime
Tue Dec 08, 2020 12:21 am
Forum: Personal Finance (Not Investing)
Topic: I feel like my friend is about to make a massive financial mistake
Replies: 128
Views: 15133

Re: I feel like my friend is about to make a massive financial mistake

finite_difference wrote: Mon Dec 07, 2020 7:23 pm Maybe send a link of this thread to your friend. Assuming it’s not you :wink:
+1
by Nickel & Dime
Tue Dec 08, 2020 12:19 am
Forum: Personal Finance (Not Investing)
Topic: I feel like my friend is about to make a massive financial mistake
Replies: 128
Views: 15133

Re: I feel like my friend is about to make a massive financial mistake

If your friend loses his money somehow, and then asks if he can move in with you thereafter (and/or borrow money from you), then it could be your business...
by Nickel & Dime
Sun Nov 22, 2020 10:02 pm
Forum: US Chapters
Topic: Are you a Boglehead?
Replies: 114
Views: 5813

Re: Are you a Boglehead?

Are you? Why or why not? I am mostly Boglehead. To also add to the OP question: If proclaiming not to be a Boglehead, then why the interest to be a Boglehead member? I will wager that most people here have a little Bogle in them, and if not, maybe there is such vast information here, that it still ...
by Nickel & Dime
Tue Nov 17, 2020 11:09 pm
Forum: Investing - Theory, News & General
Topic: Retirement number and... taxes?
Replies: 25
Views: 3085

Re: Retirement number and... taxes?

Very helpful, thanks everyone.
I got so caught up in the accumulation part of it, that I haven’t really given it much thought just how much I am trying to end up with. Life happens, but at least I can have a goal or target...
by Nickel & Dime
Sun Nov 15, 2020 7:19 pm
Forum: Investing - Theory, News & General
Topic: Retirement number and... taxes?
Replies: 25
Views: 3085

Retirement number and... taxes?

When figuring out your “number” or amount/goal for retirement, should taxes be figured into the number? Hypothetically, if your number is 1 million in a traditional 401k, then should you be adding some extra to include for taxes, so that should make the goal around 1.2 million (of course depending o...
by Nickel & Dime
Sun Mar 01, 2020 1:27 pm
Forum: Investing - Theory, News & General
Topic: Now may be a good time to focus on your other interests
Replies: 23
Views: 1835

Re: Now may be a good time to focus on your other interests

Just want to give a thumbs up for this thread. I’ve always had hobbies during certain events, and it really has helped, sort of like a diversion. This month, instead of contributing the extra $ to stocks (which will likely evaporate anyway in the next week or so :wink: ), I’m going to buy a couple o...
by Nickel & Dime
Fri Jan 03, 2020 12:49 pm
Forum: Personal Investments
Topic: Transfer from M1 Finance to Schwab is still a work in progress...
Replies: 18
Views: 1445

Re: Transfer from M1 Finance to Schwab is still a work in progress...

So, as an update, there are two more Schwab transactions in process, which will be completed on 01/07/2020. Hopefully this will wrap it up...
by Nickel & Dime
Thu Jan 02, 2020 6:15 pm
Forum: Personal Investments
Topic: M1 Finance: What’s the Catch?
Replies: 13
Views: 4853

Re: M1 Finance: What’s the Catch?

I don't like services that buy stocks/ETFs in fractional amounts. It makes things really tricky when you decide to transfer them to a different brokerage. And you WILL try to transfer them out... someday. I learned my lesson with Betterment. +1 I am in the process of transferring from M1 to Schwab,...
by Nickel & Dime
Wed Jan 01, 2020 4:37 pm
Forum: Personal Investments
Topic: Transfer from M1 Finance to Schwab is still a work in progress...
Replies: 18
Views: 1445

Re: Transfer from M1 Finance to Schwab is not going smoothly...

This is usually caused by either fractional shares or dividends after transfer request. Out of curiosity was the transfer to Schwab going to recognize cost basis of original share purchases? Asking because I will do this myself at some point. I had a challenging time transferring assets from an old...
by Nickel & Dime
Wed Jan 01, 2020 4:08 pm
Forum: Personal Investments
Topic: Transfer from M1 Finance to Schwab is still a work in progress...
Replies: 18
Views: 1445

Re: Transfer from M1 Finance to Schwab is still a work in progress...

I changed the title from “not going smoothly” to “work in progress”. Maybe it is going along smoothly, and I don’t realize it... :happy
by Nickel & Dime
Wed Jan 01, 2020 3:53 pm
Forum: Personal Investments
Topic: Transfer from M1 Finance to Schwab is still a work in progress...
Replies: 18
Views: 1445

Re: Transfer from M1 Finance to Schwab is not going smoothly...

I saw some weird stuff after my transfer which eventually cleared up. Maybe give it a few days and ping them. Thanks for replying. I tried to go through the math, and it is hard to make sense of it. Is the 4 shares and cash in the Roth a little over $200 for the transfer/close fees? Good point. I j...
by Nickel & Dime
Wed Jan 01, 2020 3:42 pm
Forum: Personal Investments
Topic: Transfer from M1 Finance to Schwab is still a work in progress...
Replies: 18
Views: 1445

Re: Transfer from M1 Finance to Schwab is not going smoothly...

nix4me wrote: Wed Jan 01, 2020 10:05 am Interested in why you transferred? Is there something you didn’t like about M1?
I transferred everything to one brokerage, mainly to simplify and get everything in one place, and to have a checking account. My experience with M1 was fine. Everything was simple with the platform, up until now😉
by Nickel & Dime
Wed Jan 01, 2020 3:34 pm
Forum: Personal Investments
Topic: Transfer from M1 Finance to Schwab is still a work in progress...
Replies: 18
Views: 1445

Re: Transfer from M1 Finance to Schwab is not going smoothly...

MotoTrojan wrote: Wed Jan 01, 2020 3:49 am I saw some weird stuff after my transfer which eventually cleared up. Maybe give it a few days and ping them.
Thanks for replying. I tried to go through the math, and it is hard to make sense of it.
by Nickel & Dime
Wed Jan 01, 2020 3:33 pm
Forum: Personal Investments
Topic: Transfer from M1 Finance to Schwab is still a work in progress...
Replies: 18
Views: 1445

Re: Transfer from M1 Finance to Schwab is not going smoothly...

mortfree wrote: Wed Jan 01, 2020 3:47 am Any chance the 4 shares of ETF were part of dividend reinvestment?
I was wondering if that was the case, I’ll have to look at that again. Although it didn’t happen in the other account...
by Nickel & Dime
Wed Jan 01, 2020 3:15 am
Forum: US Chapters
Topic: Happy New Year!
Replies: 8
Views: 934

Re: Happy New Year!

Happy New Year! I always look forward to getting on the Bogleheads Forum!
by Nickel & Dime
Wed Jan 01, 2020 2:17 am
Forum: Personal Investments
Topic: Transfer from M1 Finance to Schwab is still a work in progress...
Replies: 18
Views: 1445

Re: Transfer from M1 Finance to Schwab is not going smoothly...

Ok, my bad. I just looked at the Schwab notice that they emailed me, and it states that the transfer of dividends may occur at a later date. It still seems weird that they didn’t completely sell off the etf in the Roth.
by Nickel & Dime
Wed Jan 01, 2020 2:06 am
Forum: Personal Investments
Topic: Transfer from M1 Finance to Schwab is still a work in progress...
Replies: 18
Views: 1445

Transfer from M1 Finance to Schwab is still a work in progress...

So this is weird, but I requested to have all assets of an M1 Roth and an M1 taxable account transferred to Schwab. I was planning on closing the accounts. Schwab declared today that the transactions were completed. So I just logged on to M1, and each account still has about $800 from dividends that...
by Nickel & Dime
Sun Sep 29, 2019 1:37 pm
Forum: Investing - Theory, News & General
Topic: Naive long term treasury question
Replies: 4
Views: 708

Naive long term treasury question

Lately there has been seemingly increased discussion about long term treasury bonds/funds. So here is a question: Suppose someone at the age of 40 put a one time investment into VGLT (Vanguard Long Term Treasury ETF), with an average duration of about 18 years, and average effective maturity of 25.5...
by Nickel & Dime
Sun Aug 25, 2019 1:03 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7823
Views: 765593

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

An 80% drawdown is the absolute worst time to be selling out of UPRO. Ok, fair enough, thanks! So it would have to kick the bucket completely, then you would rebalance into something else for equities, correct? Sure if the fund vanished to exist we'd find something else, but why do you think this w...
by Nickel & Dime
Sat Aug 24, 2019 10:58 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7823
Views: 765593

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I have a 33% UPRO 67% EDV mix going, which has a .350 expense ratio. It seems a little more wholesome with EDV in my opinion. One thing I wonder though, and I believe this has been mentioned previously in the first adventure, is what is the trigger point to begin to allocate to a regular 1X fund if...
by Nickel & Dime
Sat Aug 24, 2019 10:48 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7823
Views: 765593

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I have a 33% UPRO 67% EDV mix going, which has a .350 expense ratio. It seems a little more wholesome with EDV in my opinion. One thing I wonder though, and I believe this has been mentioned previously in the first adventure, is what is the trigger point to begin to allocate to a regular 1X fund if...
by Nickel & Dime
Sat Aug 24, 2019 9:47 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7823
Views: 765593

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I have a 33% UPRO 67% EDV mix going, which has a .350 expense ratio. It seems a little more wholesome with EDV in my opinion. One thing I wonder though, and I believe this has been mentioned previously in the first adventure, is what is the trigger point to begin to allocate to a regular 1X fund if...
by Nickel & Dime
Sat Aug 24, 2019 8:52 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7823
Views: 765593

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I have a 33% UPRO 67% EDV mix going, which has a .350 expense ratio. It seems a little more wholesome with EDV in my opinion. One thing I wonder though, and I believe this has been mentioned previously in the first adventure, is what is the trigger point to begin to allocate to a regular 1X fund if ...
by Nickel & Dime
Mon Aug 12, 2019 9:49 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7823
Views: 765593

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

OP updated with the AA change. My rebalance went through this morning after yet another LTT rate drop. Let's hope I sold at the top! I have a different thing going on with EDV and UPRO, but anyway I changed my allocations yesterday (Sun Aug 11), and today my rebalance didn’t happen. It has the chan...
by Nickel & Dime
Mon Aug 12, 2019 9:21 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7823
Views: 765593

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

OP updated with the AA change. My rebalance went through this morning after yet another LTT rate drop. Let's hope I sold at the top! I have a different thing going on with EDV and UPRO, but anyway I changed my allocations yesterday (Sun Aug 11), and today my rebalance didn’t happen. It has the chan...
by Nickel & Dime
Sat Apr 13, 2019 2:19 pm
Forum: Investing - Theory, News & General
Topic: 700 Years of Falling Interest Rates, 1310-2018
Replies: 102
Views: 13769

Re: 700 Years of Falling Interest Rates, 1310-2018

SimpleGift wrote: Sat Apr 13, 2019 12:50 pm Just to add: These are the historical GDP weightings used by the Bank of England to derive their real interest rate series over the seven centuries.
Advanced Economy= Developed markets?
by Nickel & Dime
Sat Apr 13, 2019 2:13 pm
Forum: Investing - Theory, News & General
Topic: 700 Years of Falling Interest Rates, 1310-2018
Replies: 102
Views: 13769

Re: 700 Years of Falling Interest Rates, 1310-2018

Just to add: These are the historical GDP weightings used by the Bank of England to derive their real interest rate series over the seven centuries. https://i.imgur.com/VpLh87r.jpg Source: VoxEU If Vanguard Total World existed in the 1300’s you would only own 2 countries worth of stocks? Lol. Happy...
by Nickel & Dime
Sat Apr 13, 2019 10:59 am
Forum: Investing - Theory, News & General
Topic: Holding LT Treasury bonds in high equity portfolio with flat yield curve
Replies: 36
Views: 3278

Re: Holding LT Treasury bonds in high equity portfolio with flat yield curve

Funny, I thought the exact opposite. With a flat yield curve, I thought I should go longer so I don't end up holding bonds paying paltry rates in a couple years when rates fall again. Realize half the people in the market see it one way and half the people see it the other way for prices to be wher...
by Nickel & Dime
Sat Apr 13, 2019 10:33 am
Forum: Investing - Theory, News & General
Topic: Holding LT Treasury bonds in high equity portfolio with flat yield curve
Replies: 36
Views: 3278

Re: Holding LT Treasury bonds in high equity portfolio with flat yield curve

I have 90% VT Total world and 10% EDV for my core portfolio and have no concern, business as usual. I am still in the accumulation phase, so I just keep adding new money when I can. I’m no expert though, but for me this portfolio feels right. Where do you hold the EDV? Do you rebalance with contrib...
by Nickel & Dime
Thu Apr 11, 2019 9:08 pm
Forum: Investing - Theory, News & General
Topic: Holding LT Treasury bonds in high equity portfolio with flat yield curve
Replies: 36
Views: 3278

Re: Holding LT Treasury bonds in high equity portfolio with flat yield curve

I have 90% VT Total world and 10% EDV for my core portfolio and have no concern, business as usual. I am still in the accumulation phase, so I just keep adding new money when I can. I’m no expert though, but for me this portfolio feels right.
by Nickel & Dime
Mon Apr 08, 2019 12:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard International stocks SEC yield?
Replies: 1
Views: 448

Vanguard International stocks SEC yield?

Was wondering if anyone knows the reason why the SEC yield for Vanguard International Stock ETFs are not shown on their ETF list?
by Nickel & Dime
Sun Feb 17, 2019 9:58 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 509483

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Curious if everyone is lump sum investing with their 3x portfolios? Is anyone planning on dollar cost averaging/rebalancing with new money? It seems like adding new money would work well with all of the volatility happening. I started a small 50/50 upro/tmf just for fun. It is .09 % of my total por...
by Nickel & Dime
Sun Feb 17, 2019 7:30 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 509483

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Curious if everyone is lump sum investing with their 3x portfolios? Is anyone planning on dollar cost averaging/rebalancing with new money? It seems like adding new money would work well with all of the volatility happening. I started a small 50/50 upro/tmf just for fun. It is .09 % of my total port...
by Nickel & Dime
Sun Jan 20, 2019 6:02 pm
Forum: Personal Investments
Topic: Investment advice - mixed thoughts
Replies: 34
Views: 3275

Re: Investment advice - mixed thoughts

I hold 90% Total World stock (VT) with 10% long term treasury (EDV) for my total portfolio to try to meet my retirement goals. Pretty risky I know, but having that 10% in long term bonds is somewhat comforting. Instead of losing -42.2 in 2008, this 90/10 portfolio lost about 1/3... not bad for just ...
by Nickel & Dime
Sat Jan 19, 2019 12:33 am
Forum: Investing - Theory, News & General
Topic: Spreading 3 fund portfolio across brokers?
Replies: 15
Views: 852

Re: Spreading 3 fund portfolio across brokers?

michaeljmroger wrote: Fri Jan 18, 2019 8:48 pm I do exactly the same in order to mitigate the risk of a single account being hacked, but I only do it since I got a significant amount of funds.
What would happen if an account was hacked? Would a life’s worth of savings be gone forever?
by Nickel & Dime
Thu Jan 17, 2019 2:16 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 63111

Re: John Bogle has died at age 89

Thank you, Mr. Bogle, for doing what needed to be done, and taking care of business for the greater good. I am honored to be a Boglehead, and will always remember to stay the course!
by Nickel & Dime
Wed Jan 16, 2019 5:24 am
Forum: Investing - Theory, News & General
Topic: How to avoid temptation to buy hot stocks or bitcoin?
Replies: 63
Views: 4977

Re: How to avoid temptation to buy hot stocks or bitcoin?

Earl Lemongrab wrote: Tue Jan 15, 2019 7:27 pm I have found laziness to be very helpful there.
Unacceptable!!!!!!!!!!! ;-)
by Nickel & Dime
Tue Jan 01, 2019 5:29 pm
Forum: Investing - Theory, News & General
Topic: Internet effect on markets?
Replies: 2
Views: 336

Internet effect on markets?

Just wondering what thoughts are about how the internet has likely changed the markets. I am not really qualified for debate on the subject, but know that there are many on bogleheads that are. Here are some questions I’ve pondered: Does easily available internet news and information for the average...
by Nickel & Dime
Sat Dec 08, 2018 2:50 pm
Forum: Investing - Theory, News & General
Topic: Do long-term bonds belong in one's portfolio?
Replies: 236
Views: 17184

Re: Do long-term bonds belong in one's portfolio?

No matter how “wrong” long term bonds are, I just can’t keep away. I have EDV as 10% of my total portfolio, which hopefully won’t do too much serious harm!
by Nickel & Dime
Wed Nov 07, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman 2 Funds for Life
Replies: 41
Views: 11643

Re: Paul Merriman 2 Funds for Life

I'm wondering whether Total World + Small Cap Value isn't a better blend? it would get rid of the 10% bonds that the long target date funds have. I realize it would not adjust automatically with time, but that could easily be accommodated by introducing a total bond market or intermediate treasury ...