Search found 10246 matches

by Kevin M
Tue Jan 22, 2019 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Ally bank 1-year 2.75% CD or Vanguard VMLUX?
Replies: 8
Views: 911

Re: Ally bank 1-year 2.75% CD or Vanguard VMLUX?

Do you pay state taxes, and if so, what is your marginal state tax rate? At my marginal rates of 27% fed and 8% state, a Treasury with maturity of 7.2 months has a taxable-equivalent yield (TEY) of 2.88%, based on a yield of 2.563%. Quote obtained today from Schwab. So higher TEY and shorter maturit...
by Kevin M
Sun Jan 20, 2019 11:33 am
Forum: Investing - Theory, News & General
Topic: TIPS yield curve inverted at short end
Replies: 129
Views: 8013

Re: TIPS yield curve inverted at short end

The yield curve still is inverted out to 5-year maturity, and more steeply inverted at shorter maturities. No big change in the shape, but the yields for the shorter-term maturities are quite a bit lower than a few weeks ago. It occurred to me that the decrease in the shorter-term yields would resu...
by Kevin M
Sat Jan 19, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: Historical Bond Returns - Shiller: From Rates to Returns [Bond Fund Simulator]
Replies: 277
Views: 36721

Re: Historical Bond Returns - Shiller: From Rates to Returns [Bond Fund Simulator]

Using my usual bag of tricks to retrieve historical data, I actually found data series tracking the current average maturity for those treasury funds over time (I also found current average duration and maturity breakdown, by the way). And I assembled a little graph, including trend lines. Whether ...
by Kevin M
Sat Jan 19, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I was told that today was the last day but that you could open the account by phone and then had 10 days to fund it. Perhaps if there was enough demand for this Patelco CD, we could get Ally to offer it. Contact Ally and let them know esp. about the no EWP at 1 yr and 2 yrs. Yes, I mentioned in thi...
by Kevin M
Sat Jan 19, 2019 1:25 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Re: Sold Treasuries to buy flexible, rising rate, direct 3-year CD

This sounds like a good offer. It's too bad that like many CUs, they pulled it so fast. I understand that it's still available (maybe) until tomorrow in-branch, but I'm not rushing down to a branch in-person to find out if they maybe will still let me in. I'm sure another offer will come along that...
by Kevin M
Sat Jan 19, 2019 1:03 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Re: Sold Treasuries to buy flexible, rising rate, direct 3-year CD

Yes, my memory is still good. Patelco ad: "For a period of ten (10) calendar days following the anniversary date you may withdraw some or all of your money with no penalty." That's great! On the other hand, you said the ad said one per person, as did the description on the website, yet that wasn't ...
by Kevin M
Fri Jan 18, 2019 8:54 pm
Forum: Investing - Theory, News & General
Topic: TIPS yield curve inverted at short end
Replies: 129
Views: 8013

Re: TIPS yield curve inverted at short end

What does "effective yield" in Fidelity mean for this TIPS maturing in April? Does that mean I am getting 3.30% annualized return? What is inflation estimate used to get 3.30%? In general, effective yield is the yield to maturity (YTM, or just yield) after commission. Since there is no commission f...
by Kevin M
Fri Jan 18, 2019 8:42 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Re: Sold Treasuries to buy flexible, rising rate, direct 3-year CD

I saw a Patelco ad of this CD in the San Jose Mercury News recently. I remember one CD per ...(person?). I have to go home and read again. Yeah, I mentioned in the OP that the website said one per person. I had not noticed that when I opened my first two, and as I said, none of the reps I spoke to ...
by Kevin M
Fri Jan 18, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Re: Sold Treasuries to buy flexible, rising rate, direct 3-year CD

I made a stupid mistake in my earlier post in comparing the current YTM of the Treasuries to the CD yield. Since this is a taxable account, I should compare the taxable-equivalent yield of the Treasuries, which is higher due to my state income tax rate. It still makes sense to me that I sold the Tre...
by Kevin M
Fri Jan 18, 2019 8:18 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Re: Sold Treasuries to buy flexible, rising rate, direct 3-year CD

Since you may withdraw partially annually, what is the point of purchasing more than a single CD if it is less than the insured amount? I didn't say you could do partial withdrawals (if I did, please point out where, and I'll fix it), and you may not be able to. One rep I spoke to implied you could...
by Kevin M
Fri Jan 18, 2019 8:13 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Re: Sold Treasuries to buy flexible, rising rate, direct 3-year CD

Kevin, I'm not seeing the deal you mentioned at the link you posted, I just see a generic page, one of the links is to certificates, but none of the rates are matching what you've gotten. Can you post instructions how to click through to the page with the 3%+ rates you've found (basically just wher...
by Kevin M
Fri Jan 18, 2019 7:48 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Re: Sold Treasuries to buy flexible, rising rate, direct 3-year CD

Initial rate is 3.0% APY (all figures quoted here are APY). Rate increases to 3.5% in year two, and 4.0% in year three. Is this rate increase independent of fed changes? What if fed rate goes down? Yes, the rate increases in years two and three are independent of any other interest rate, including ...
by Kevin M
Fri Jan 18, 2019 7:43 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Re: Sold Treasuries to buy flexible, rising rate, direct 3-year CD

To continue the story ... I had mostly been buying Treasuries at Schwab lately with new cash in taxable accounts (from maturing CDs, etc.). Before that, I had been buying individual fixed-income securities at Fidelity, but after learning that Schwab had better pricing for smaller quantities of Treas...
by Kevin M
Fri Jan 18, 2019 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Also, Kevin, I would be curious to know if you are double-dipping into any bonuses in the following sense: opening multiple types of account (like individual for self, individual for spouse, joint, etc), and then participating in the bonus multiple times. I didn't think of this in the context of th...
by Kevin M
Fri Jan 18, 2019 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Kevin Also, Kevin, I would be curious to know if you are double-dipping into any bonuses in the following sense: opening multiple types of account (like individual for self, individual for spouse, joint, etc), and then participating in the bonus multiple times. In your experience, which banks have ...
by Kevin M
Fri Jan 18, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Separately, I would be curious to know where you are getting 2.5%: all the places that you know, in particular those that are national and easy to open accounts. Thank you in advance. First, Vanguard Treasury money market fund yield at 2.31% (and steadily increasing) is a taxable-equivalent yield (...
by Kevin M
Thu Jan 17, 2019 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Apparently, people were quick to withdraw their balances out of Ally once Jan 15 came, and Ally obliged and raised the rate from 2.00% to 2.20%. Capitalism and market efficiency at work in the age of internet and click-away transfers! First, as far as I'm concerned, 2.5% is the new 2.0%, so 2.2% do...
by Kevin M
Thu Jan 17, 2019 10:37 pm
Forum: Investing - Theory, News & General
Topic: TIPS yield curve inverted at short end
Replies: 129
Views: 8013

Re: TIPS yield curve inverted at short end

Now that the 1/15/2019 TIPS has matured and the December CPI numbers have been released, here are some charts based on ask quotes from Vanguard today. First chart shows maturities out to five years: https://i.postimg.cc/cLtPW9R6/Screenshot-2019-01-17-TIPS-Yield-Seasonal-Adjustment.png As a reminder,...
by Kevin M
Thu Jan 17, 2019 9:45 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Re: Sold Treasuries to buy flexible, rising rate, direct 3-year CD

Thanks for posting this Kevin. I opened a Patelco CD onsite today as well. This is a great offer which happens to coincide with my Ally Bonus & PenFed CD's maturing. You're welcome! I initially got interested in this just with the end of the Ally bonus retention period in mind--a good place to move...
by Kevin M
Thu Jan 17, 2019 3:29 pm
Forum: Investing - Theory, News & General
Topic: Sold Treasuries to buy flexible, rising rate, direct 3-year CD
Replies: 22
Views: 2257

Sold Treasuries to buy flexible, rising rate, direct 3-year CD

I mainly want to share my analysis and learnings in recently selling a bunch of Treasuries to buy a really good direct CD, but this CD deal is only available for another couple of days, so I wanted to start by making sure anyone who is interested and eligible knows about the deal. I posted a summary...
by Kevin M
Thu Jan 17, 2019 10:38 am
Forum: Investing - Help with Personal Investments
Topic: 5 year CDs @Penfed mature 1/22/19
Replies: 30
Views: 3097

Re: 5 year CDs @Penfed mature 1/22/19

As a side note, in the past three months, I have now had PenFed close 5 CDs (at maturity) and out the funds in the IRA share and then had each one (matured on different dates) directly transferred elsewhere. Other than it being slow, it was trouble-free. What I've been doing lately, and it always h...
by Kevin M
Wed Jan 16, 2019 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: 5 year CDs @Penfed mature 1/22/19
Replies: 30
Views: 3097

Re: 5 year CDs @Penfed mature 1/22/19

My mother 5 years ago did a partial withdrawal of everything - $1k in her existing PenFed IRA CDs. All the funds were put into her IRA Share Account. The next day she had them open new 5-year CDs at a higher rate. One of the old CDs was a 7-year. That CD matures in February with a whole $1,100 in i...
by Kevin M
Wed Jan 16, 2019 8:11 pm
Forum: Investing - Theory, News & General
Topic: Historical Bond Returns - Shiller: From Rates to Returns [Bond Fund Simulator]
Replies: 277
Views: 36721

Re: Historical Bond Returns - Shiller: From Rates to Returns [Bond Fund Simulator]

My personal preference would be 1 to 5 years for short term and, correspondingly, 5 to 10 years for intermediate term. I find 1 to 3 years too narrow (only 2 rungs in the fund model). This choice would result into the following matches: Short-term Treasury index: Bond Fund (5 to 2-year) Intermediat...
by Kevin M
Wed Jan 16, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Since my wife and I only have the no-penalty CD's and no other accounts, does that mean we have to keep the CD's open another month to receive the bonus dollars? If I withdraw the money tomorrow, where would they send the bonus? You must have an open account to receive the bonus. You could open a o...
by Kevin M
Wed Jan 16, 2019 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

And just like that, after I called them to confirm my employer is on their list for membership and I go to submit the application, this offer no longer exists! Bummer! I also see that the offer no longer appears on their website (using the link I shared). I hope they accept our deposits when we vis...
by Kevin M
Wed Jan 16, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Please note that apparently some of the emails received have the wrong amount. I deposited $101k and did everything according to the rules. I received the email today stating my bonus was on the way in the amount of $511. I should be receiving $1,000. I called Ally and the representative stated tha...
by Kevin M
Wed Jan 16, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Had already closed my NP CDs and put proceeds into a savings account to fund today's CD purchases at local credit union (via overdraft to checking). Got the email, noting a joint savings account as the destination for the $1,000 deposit. That was the eligible savings account with highest balance bef...
by Kevin M
Tue Jan 15, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

And just like that, after I called them to confirm my employer is on their list for membership and I go to submit the application, this offer no longer exists! Bummer! I also see that the offer no longer appears on their website (using the link I shared). I hope they accept our deposits when we vis...
by Kevin M
Tue Jan 15, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Kevin, do you mind sharing the details on the new CD you are going into? I've been mum on this until now, as I wanted to be sure we got everything we could allocated to these CDs, and they'll probably pull the offer once they get a certain amount of deposits. The first rep I spoke to said that many...
by Kevin M
Tue Jan 15, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: Historical Bond Returns - Shiller: From Rates to Returns [Bond Fund Simulator]
Replies: 277
Views: 36721

Re: Historical Bond Returns - Shiller: From Rates to Returns [Bond Fund Simulator]

It would seem that an index fund is going to be easier to match with a model. By definition, the makeup of an actively-managed bond fund is going to change over time in an unpredictable way, so it would seem that it would be more difficult to model. A few years ago, I compared the holdings of the VG...
by Kevin M
Tue Jan 15, 2019 11:52 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35717

Re: I don't understand the case for EE bonds

There has yet to be a 15-year period where stocks have lost money, but it's not impossible for it to happen in the future. Based on data in our Simba backtest spreadsheet, US stocks had a cumulative real return of -5% over the 17-year period 1965-1981 (inclusive). Of course that high-inflation peri...
by Kevin M
Mon Jan 14, 2019 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 279
Views: 39452

Re: Vanguard Municipal Money Market VMSXX 1.39%

You need to extend the formulas for Prime MM to the end of the data series to get the graphic to display everything. As it is currently shared, the formulas only go to row 254, but they need to go to row 260 (at a minimum) or 266 (best). Once you do that, it should populate properly. Bottom line, g...
by Kevin M
Mon Jan 14, 2019 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 279
Views: 39452

Re: Vanguard Municipal Money Market VMSXX 1.39%

Your spreadsheet shows a federal marginal tax rate of 27%. On charts I find online (CNBC, Forbes), the 2019 rates jump from 24% to 32%. Is your 27% federal rate a blend you that calculated, taking into account income above the 24% rate? For that matter, when referring to the tax rate charts, do I u...
by Kevin M
Sun Jan 13, 2019 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 279
Views: 39452

Re: Vanguard Municipal Money Market VMSXX 1.39%

I received a PM saying that the Google spreadsheet I shared that uses ImportHTML to get the SEC yields was crashing. I checked, and it was working fine for me. A subsequent PM indicated that it was crashing Chrome, but not FireFox (I have been using mostly Firefox lately). I verified that it is cras...
by Kevin M
Sun Jan 13, 2019 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: CD at 2.70 APR - 1, 2 or 3 years?
Replies: 21
Views: 2576

Re: CD at 2.70 APR - 1, 2 or 3 years?

I could see rates continuing their upward trajectory as easily as going back down. The trajectory has been more down than up over the last two months. The 5-year CMT yield was 3.09% on 11/8/2018, and 2.52% on 1/11/2019. The bottom was 2.37% on 1/3/2019, but that was a big, one-day drop, with the yi...
by Kevin M
Sat Jan 12, 2019 11:02 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1133
Views: 641068

Re: Spreadsheet for backtesting (includes TrevH's data)

For actual backtesting, Chromebook and other non-Excel (or Excel-clone) users are best served by Portfolio Visualizer . Maybe PV will incorporate the pre-1972 data someday. You can upload your own data sets into PV going earlier than its defaults. There is some limit on first year though (1900?), b...
by Kevin M
Sat Jan 12, 2019 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59770

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

So I guess the "mass exodus" day is January 15 (the day we are free to transfer out our funds)?? That is right around the corner... <snip> I expect you may see something worth staying for. Got an e-mail the other day about a 14 month 2.85% CD available through Feb 28th. Maybe this is the hook? As o...
by Kevin M
Sat Jan 12, 2019 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: CD at 2.70 APR - 1, 2 or 3 years?
Replies: 21
Views: 2576

Re: CD at 2.70 APR - 1, 2 or 3 years?

I am continuing to hold my intermediate-term bond funds and CDs for now, which hedges the reinvestment risk somewhat. Which bond fund do you use Kevin? I have some IRA CD maturing and will re-invest some in bond fund. I also want to avoid mortgage backed bonds in TBM. Back when I was adding to bond...
by Kevin M
Sat Jan 12, 2019 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: CD at 2.70 APR - 1, 2 or 3 years?
Replies: 21
Views: 2576

Re: CD at 2.70 APR - 1, 2 or 3 years?

Advertised and disclosed rates on savings/deposit accounts are expressed not as APR but as APY (Annuel Percentage Yield) Sometimes they disclose both. I happened to be looking at MACU certificate rates today, as my step father has an IRA CD maturing there in a couple of weeks. The table I see shows...
by Kevin M
Thu Jan 10, 2019 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: CD at 2.70 APR - 1, 2 or 3 years?
Replies: 21
Views: 2576

Re: CD at 2.70 APR - 1, 2 or 3 years?

There is no right answer, because no one really knows what interest rates will be in the future. You are looking at the tradeoff between term risk and reinvestment risk. I am more averse to term risk, so am tending to stay shorter term with new cash, given the very flat yield curves we're seeing. I ...
by Kevin M
Tue Jan 08, 2019 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS Question
Replies: 26
Views: 1588

Re: TIPS Question

Kevin, what is the logic driving this? Suppose we are continuing along with about 2.2% inflation per CPI and SEC yield on short term Treasury bond fund of 2.6% and then unexpectedly the inflation trend jumps to 3% annual or greater (due to some heretofore unknown like spike in price of oil, or know...
by Kevin M
Tue Jan 08, 2019 10:39 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 371
Views: 39789

Re: Northwest FCU 3-year 3.04% Add-On CD

First, these CDs were quirky. You could only initially fund them with $15K and then add more later up to $100K ... Yep, looking over my bank records, I think something similar happened with mine. Indeed. In my CD tracking spreadsheet, I entered it as three CDs, with deposit dates of 10/5/2015, 11/9...
by Kevin M
Sun Jan 06, 2019 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS Question
Replies: 26
Views: 1588

Re: TIPS Question

Also, unless short-term yields are suppressed, as they had been in recent years by the Fed holding the short-term rate at close to 0%, and as they were in the 1940s, short-term yields typically will respond quickly to unexpected inflation, so rolling short-term nominal fixed income is likely to do ...
by Kevin M
Sat Jan 05, 2019 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS Question
Replies: 26
Views: 1588

Re: TIPS Question

In this specific transaction, is the execution better with Schwab than Vanguard? It doesn't matter if you buy only at auction. Same price/yield at Schwab, Vanguard, and any other broker, unless they charge a fee or commission. I've noticed slightly lower prices at Schwab for smaller quantities (les...
by Kevin M
Sat Jan 05, 2019 3:46 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1133
Views: 641068

Re: Simba's backtesting spreadsheet [a Bogleheads community project]

siamond wrote:
Sat Jan 05, 2019 2:44 pm
I would advise you to stick to the ODF format if your intent is to save a copy for further editing with LibreOffice.
That pretty much answers my question, and is what I assumed. I was wondering if there was any advantage to keeping it in the Excel format when using LibreOffice.

Kevin
by Kevin M
Sat Jan 05, 2019 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS Question
Replies: 26
Views: 1588

Re: TIPS Question

<snip> Suppose I buy 10 year TIPS from Treasury Direct this month and plan to hold them to maturity in 2029. Let's assume that there is very high inflation in multiple years before 2029 . So, I will be using non TIPS sources (probably cash and fixed accounts) to cover residual expense outlays befor...
by Kevin M
Sat Jan 05, 2019 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS Question
Replies: 26
Views: 1588

Re: TIPS Ladder Question

Let's say I want to buy some TIPS (not a mutual fund) to protect our portfolio against high unexpected inflation but I am not interested in building and maintaining a TIPS ladder. Suppose I buy 10 year TIPS from Treasury Direct this month and plan to hold them to maturity in 2029. Let's assume that...
by Kevin M
Sat Jan 05, 2019 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio Question
Replies: 3
Views: 344

Re: 3 Fund Portfolio Question

Probably the most common approach is to consider tax efficiency, so people tend to lean toward stocks in taxable and fixed income in tax-advantaged. Another consideration is to use the best or least-bad choices in 401k/403b plans if you don't have great choices for all desired asset classes. Others ...
by Kevin M
Sat Jan 05, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Sky Isn’t Falling
Replies: 17
Views: 2072

Re: Larry Swedroe: Sky Isn’t Falling

The sky definitely isn’t falling if young and accumulating. If in retirement or nearly there it is harder to stomach. The big daily swings bug me. If your asset allocation is appropriate for your ability, willingness , and need to take risk, then it isn't necessarily hard to stomach, and the big da...
by Kevin M
Sat Jan 05, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1133
Views: 641068

Re: Simba's backtesting spreadsheet [a Bogleheads community project]

This is nothing new, but when I save in LibreOffice Calc, I am warned that the document may contain formatting or content that cannot be saved in Excel 2007-20019 format. In the past I've saved as ODF, which is what is suggested. What do you recommend?

Kevin