Search found 73 matches

by LISD
Fri Dec 13, 2019 8:28 pm
Forum: Personal Investments
Topic: Why did Fidelity Total Market Index fund drop -1.55% today?
Replies: 53
Views: 4069

Re: Why did Fidelity Total Market Index fund drop -1.55% today?

After a capital gain distribution the stock price is reduced by the amount of the distribution. This is not the case for a dividend. This is also the case for a dividend that will be paid. The price (NAV) drop happens on the ex-dividend date and not actually on the payable date. This goes for mutua...
by LISD
Fri Dec 13, 2019 7:34 pm
Forum: Personal Investments
Topic: Why did Fidelity Total Market Index fund drop -1.55% today?
Replies: 53
Views: 4069

Re: Why did Fidelity Total Market Index fund drop -1.55% today?

I'm curious why FSKAX dropped by 1.55% today when it appears that stocks were quite unchanged today. Just saw a big hit on my account and don't understand why. Dow was up 3 points, nasdaq up 17, and S&P up .23. So, what exactly happened here? Thanks! The answer is dividend distribution. This is a g...
by LISD
Fri Dec 13, 2019 11:42 am
Forum: Personal Investments
Topic: HELP!!! Vanguard locked my account
Replies: 27
Views: 3575

Re: HELP!!! Vanguard locked my account

Welcome to the forum, and I'm sorry to hear about the situation. This is what I do. It's designed to provide some slack, a time buffer, so I can continue financial operations while any problems get sorted out. PJW That seems like a good plan. Another plan relative to holding emergency cash is insta...
by LISD
Fri Dec 13, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: Need high speed scanner for diverse documents
Replies: 34
Views: 1141

Re: Need high speed scanner for diverse documents

check out the Raven scanner (Amazon)
by LISD
Thu Dec 12, 2019 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Ally email. Is account compromised?
Replies: 8
Views: 1237

Re: Help! Ally email. Is account compromised?

I'm thinking by 'Telephone Banking ID' they mean internet logon ID. Did your mom ever try to login unsuccessfully a number of times? If so, maybe they locked the account because of that? Tell them you are hesitant to email the SS card for security reasons, and if they can allow you to login to the w...
by LISD
Thu Dec 12, 2019 6:38 pm
Forum: Investing - Theory, News & General
Topic: Semi-Passive Index Fund?
Replies: 13
Views: 801

Semi-Passive Index Fund?

I’d like to think that VG Index Fund managers have some small (infinitesimally small?) leeway in what stocks they buy and/or when they buy them, but probably not. For example, they blindly have to buy each stock in a given index - in the exact proportions of the index – no matter what! It would be n...
by LISD
Mon Dec 02, 2019 11:54 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs. Bond Fund?
Replies: 51
Views: 3052

Re: Bonds vs. Bond Fund?

"Stick with a bond fund and spread your risk over many bonds" Why not reduce your risk significantly and just buy individual CDs for all of your 'bond' allocation? FDIC/NCUA Insured. CDs are bonds too. And they are paying more than treasuries right now. I just went to a local credit union today and ...
by LISD
Fri Nov 22, 2019 11:10 pm
Forum: Personal Consumer Issues
Topic: Good waterproof ear plug?
Replies: 4
Views: 377

Re: Good waterproof ear plug?

I bought these for swimming. They work.

https://www.amazon.com/gp/product/B0002 ... UTF8&psc=1
by LISD
Thu Nov 21, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: First Foundation Bank 2.4% Savings
Replies: 12
Views: 1417

Re: First Foundation Bank 2.4% Savings

I made five attempts to open a First Foundation Bank savings account online on November 13, but my applications were rejected each time with the following message: "We were unable to identify you. Thank you for inquiring about an account with First Foundation Bank. Unfortunately, we are unable to a...
by LISD
Fri Nov 15, 2019 12:25 pm
Forum: Investing - Theory, News & General
Topic: What tools do you use to track your finances?
Replies: 80
Views: 7045

Re: What tools do you use to track your finances?

I'm surprised that no one has mentioned Morningstar to track investments. Anyone? (they have a very good portfolio analysis tool).

For those using Quicken to track investments (not expenses), are you using Quicken 'Starter', 'Deluxe', 'Premier', or ?
by LISD
Fri Nov 01, 2019 12:36 am
Forum: Personal Finance (Not Investing)
Topic: paying foreign medical bill - after the fact:( back from vacation
Replies: 30
Views: 3078

Re: paying foreign medical bill - after the fact:( back from vacation

a friend had a biking accident while in Sicily a few years ago. She was in intensive care for 12 days and at one point was close to death. Emergency surgery by a US-trained doctor saved her life. Her husband said total cost was about $14,000. FYI - In the good ole USA intensive care is between $400...
by LISD
Thu Oct 31, 2019 11:43 pm
Forum: Personal Consumer Issues
Topic: South Pacific Travel (Bora Bora, Moorea, Society Islands)
Replies: 12
Views: 1685

Re: South Pacific Travel (Bora Bora, Moorea, Society Islands)

"Of the mainstream lines, I think Holland-America and Cunard would seem a little "stuffier" to some folks." Holland America isn't too bad. For example, HA has Gala Nights which really aren't that formal. Contrast that with Princess Cruise Lines that have formal nights - suit and tie required. One th...
by LISD
Wed Oct 30, 2019 8:24 pm
Forum: Personal Consumer Issues
Topic: Solar Panel worth it 2019? SoCal region
Replies: 46
Views: 5130

Re: Solar Panel worth it 2019? SoCal region

With a solar installation, is the existing electrical panel typically used, or do they refurbish/modify the existing electrical panel, or give you a new panel? I have the orig 100Amp panel from 1970 on my house. Two electricians told me it needs about $1200 worth of work (not related to solar). So I...
by LISD
Thu Oct 24, 2019 11:13 pm
Forum: Personal Consumer Issues
Topic: My Amazon Seller review disappeared ... anyone else have this experience?
Replies: 22
Views: 2458

Re: My Amazon Seller review disappeared ... anyone else have this experience?

For what it's worth you can use fakespot.com and/or reviewmeta.com for Amazon. Also, make sure to look for fake reviews - reviews that are for other products within the reviews of the product you are looking at. You can often see what they are reviewing in the title and sometimes it's not for the co...
by LISD
Tue Oct 22, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: Expected returns from vanguard total bond market
Replies: 27
Views: 3921

Re: Expected returns from vanguard total bond market

"You are market timing" Yes, I agree predicting interest rates is not feasible (especially long term), and doing so is 'market timing'. But it isn't market timing to realize the interest rate sensitivity of what you are buying - and potential implications of that. If held for many years, then the in...
by LISD
Tue Oct 22, 2019 10:43 am
Forum: Personal Consumer Issues
Topic: Solar Installation - 0.75 Year Later
Replies: 72
Views: 10235

Re: Solar Installation - 0.75 Year Later

Mervin, did your total costs include a totally new electric panel, or did they just add a smart-solar device to your existing panel?

Thanks,
Larry
by LISD
Sun Oct 20, 2019 10:36 pm
Forum: Investing - Theory, News & General
Topic: Expected returns from vanguard total bond market
Replies: 27
Views: 3921

Re: Expected returns from vanguard total bond market

The OPs question was about return, not yield. The total return depends on interest rates (among other things). The yield stated above assumes no change in interest rates. How confident are you that there will be no interest rate changes during the time you own the fund? VBTLX has a duration of 6.2 y...
by LISD
Sat Oct 19, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for roof, solar, electric panel
Replies: 16
Views: 2166

Re: How to pay for roof, solar, electric panel

(I'm replying to my own question above); This statement is on IRS Form 5695 Residential Energy Credit: "Qualified solar electric property costs. Qualified solar electric property costs are costs for property that uses solar energy to generate electricity for use in your home located in the United St...
by LISD
Sat Oct 19, 2019 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for roof, solar, electric panel
Replies: 16
Views: 2166

Re: How to pay for roof, solar, electric panel

Regarding applying the tax credit to the roofing, what about this scenario? My roof is lightweight concrete tile - if you look at it wrong, it cracks. There is no way a solar tech is going to install 10 solar panels without significant damage to the tiles - and likely some damage to the underlayment...
by LISD
Tue Oct 15, 2019 8:22 pm
Forum: Personal Investments
Topic: Investing into CDs vs Bonds
Replies: 13
Views: 1874

Re: Investing into CDs vs Bonds

You can, with a little effort, get a 1 year CD for 2.25%. With FDIC insurance it's considered to be nearly zero risk. The Vanguard Total Bond Market Index Mutual Fund VBTLX also has an SEC yield of 2.25%. However it has an average duration of 6.2 years so it's MUCH more interest rate sensitive (with...
by LISD
Thu Oct 10, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Lump Sum Offer w/ very short decision turn around time
Replies: 12
Views: 1744

Re: Lump Sum Offer w/ very short decision turn around time

A previous employer did the same for me, about 5 years ago. I calculated that their offer was ~45 cents on the dollar - didn't take it for that reason. At the same time they were releasing information to the press that their retirement accounts were underfunded - I assumed trying to scare former emp...
by LISD
Tue Oct 08, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Buying CDs at Vanguard vs Online Banks
Replies: 25
Views: 5020

Re: Buying CDs at Vanguard vs Online Banks

Evelyn, Interesting that you have a company that will manage the trust once your gone. Is this company a legal firm (a group of lawyers)? Are they the same company that wrote the trust for you? I think it's more typical to have a relative/friend as the successor trustee but if that isn't practical o...
by LISD
Sat Oct 05, 2019 11:33 pm
Forum: Personal Consumer Issues
Topic: Document Storage: what format? (paper, fiche, scan,..?)
Replies: 43
Views: 3898

Re: Document Storage: what format? (paper, fiche, scan,..?)

My "first hand experience" that I mentioned in my original post was related to cost basis. The financial firm claimed they kept all records, 'forever', but when I asked for the records of what I bought a certain stock for, they didn't have it. Oops. I learned not to rely on others in this regard. I ...
by LISD
Sat Oct 05, 2019 7:44 pm
Forum: Personal Consumer Issues
Topic: Document Storage: what format? (paper, fiche, scan,..?)
Replies: 43
Views: 3898

Re: Document Storage: what format? (paper, fiche, scan,..?)

FIREchief wrote:
Sat Oct 05, 2019 3:07 pm
LISD wrote:
Sat Oct 05, 2019 1:52 pm
I'm going to thin it out, and probably keep only the last 7 years as paper.
What types of documents are you saving?
Saving mainly tax returns and monthly statements for various financial accounts, over 30+ years.
by LISD
Sat Oct 05, 2019 1:52 pm
Forum: Personal Consumer Issues
Topic: Document Storage: what format? (paper, fiche, scan,..?)
Replies: 43
Views: 3898

Document Storage: what format? (paper, fiche, scan,..?)

I don't trust financial firms to retain old statements, etc (due to first hand experience), so I do it myself. The problem is that the paperwork is building up. I'm going to thin it out, and probably keep only the last 7 years as paper. I also want to keep a subset of everything older than that, but...
by LISD
Sat Oct 05, 2019 12:36 pm
Forum: Personal Consumer Issues
Topic: Painting exterior stucco
Replies: 6
Views: 510

Re: Painting exterior stucco

I don't know why a primer would be needed unless your painting over bare stucco or the current paint is in a bad state (peeling). But your best bet is to go to a paint store and ask this question. They will know.
by LISD
Wed Oct 02, 2019 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Buying CDs at Vanguard vs Online Banks
Replies: 25
Views: 5020

Re: Buying CDs at Vanguard vs Online Banks

Making a Trust the beneficiary of a retirement account is not a good idea. My father did that and it was a headache. From an internet search: "Trusts and individual retirement accounts are complicated. When they converge — for instance, when someone names a trust as a beneficiary to an IRA — things ...
by LISD
Tue Sep 03, 2019 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider your house as part of your bond portfolio?
Replies: 52
Views: 2561

Re: Do you consider your house as part of your bond portfolio?

from Larry Swedroe's book (p220): "debt of any type should be treated as a negative position in fixed-income for asset allocation purposes". He specifically includes a mortgage in the above mention of debt. The implication of this on asset allocation is obviously significant. For example if your goa...
by LISD
Sat Aug 31, 2019 8:02 pm
Forum: Investing - Theory, News & General
Topic: Bond Investors Making A Killing
Replies: 85
Views: 10226

Re: Bond Investors Making A Killing

I also like to take advantage of direct CDs when they offer a yield premium of 100 basis points or more above Treasuries Kevin 100 basis points is a lot!! That's about a 50% higher return for CDs (say 3% for CD vs 2% for Treasuries). I'm thinking I would bail on Treasuries if the CD premium was eve...
by LISD
Sat Aug 31, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Not sure what to do
Replies: 25
Views: 2572

Re: Not sure what to do

My neighbor (60 years old) quit her job and was sure she would get another right away. It took her over 1.5 years, and when she did find a job it was part-time at a much lower hourly wage. Why not just update your resume (how long could it take?) and send it out and see if you get any bites? If you ...
by LISD
Fri Aug 30, 2019 2:26 pm
Forum: Personal Investments
Topic: Warren buffet sits on cash
Replies: 44
Views: 5399

Re: Warren buffet sits on cash

One of my takeaways from his books is that if you can't find good investments, it's perfectly OK stay in cash.
by LISD
Wed Aug 28, 2019 7:03 pm
Forum: Personal Consumer Issues
Topic: Diesel Chevy Equinox a good idea?
Replies: 36
Views: 1672

Re: Diesel Chevy Equinox a good idea?

Diesel fumes are a known strong carcinogen. Buy a hybrid instead. Diesels are on the way out (except maybe for trucks - lots of low-end torque) for a number of reasons, including the very high efficiency of hybrid, and electric vehicles - and even new gasoline powered vehicles. An example, even the ...
by LISD
Tue Aug 27, 2019 6:46 pm
Forum: Personal Investments
Topic: How important is it to have exposure to Intl. Bonds?
Replies: 17
Views: 1405

Re: How important is it to have exposure to Intl. Bonds?

According to Larry Swedroe's book (just read it on the advise of another poster), Mortgage Backed Securities (MBS) correlate more with equities than fixed income. So they shouldn't be considered to be part of your fixed income allocation. Your VBTLX fund has 22% MBS!! Maybe you can consider 78% of y...
by LISD
Sun Aug 04, 2019 9:38 pm
Forum: Personal Consumer Issues
Topic: HVAC questions: asbestos-insulated ducts need replacing? A/C costs?
Replies: 21
Views: 1352

Re: HVAC questions: asbestos-insulated ducts need replacing? A/C costs?

By the way, for the lowest prices you should get quotes on HVAC in the fall or spring. August is the worst time to get a new AC - business is brisk and prices are high. If you can handle it, wait until December.
by LISD
Sun Aug 04, 2019 7:15 pm
Forum: Personal Consumer Issues
Topic: HVAC questions: asbestos-insulated ducts need replacing? A/C costs?
Replies: 21
Views: 1352

Re: HVAC questions: asbestos-insulated ducts need replacing? A/C costs?

There is no point in getting a new high efficiency AC and then having the cold air blow into your attic (or to heat your attic in the winter) - due to leaks. At a minimum, remove all the insulation, plug any leaks, make sure they are still securely attached to the grills, and re-wrap the ducts. If, ...
by LISD
Sun Aug 04, 2019 12:45 am
Forum: Personal Investments
Topic: Does it bug anyone else that Vanguard only has money market for cash?
Replies: 101
Views: 9073

Re: Does it bug anyone else that Vanguard only has money market for cash?

hudson wrote:
Sat Aug 03, 2019 2:16 pm

I'm not sure that I knew that it was paying out 2.27%.
It looks like the holdings are:
Repurchase Agreements: 21.8%
US Govt Obligations: 54.3%
US Treasury Bills 23.9%

Since a good portion of the fund is invested in treasuries, then is a portion of the income state tax free?
by LISD
Sat Aug 03, 2019 11:12 am
Forum: Investing - Theory, News & General
Topic: Will you buy Total Bond with a negative yield?
Replies: 112
Views: 13299

Re: Will you buy Total Bond with a negative yield?

Why have posters based their decision (to accept negative yields) on inflation? Don't you want to maximize your return independent of inflation/deflation ? You can't control inflation. You CAN control your yields (to some extent) - by moving money to different instruments, or even taking your money ...
by LISD
Thu Jul 25, 2019 11:43 am
Forum: Personal Investments
Topic: Good CD Rates Over the Long Haul
Replies: 13
Views: 1826

Re: Good CD Rates Over the Long Haul

I was a member of NFCU for a few weeks. I'm not military but they let me join. After 2 weeks of constant mistakes and long lines I closed the account. Never again!
by LISD
Wed Jul 24, 2019 5:06 pm
Forum: Personal Investments
Topic: Good CD Rates Over the Long Haul
Replies: 13
Views: 1826

Re: Good CD Rates Over the Long Haul

Vanguard Fixed Rate Chart https://personal.vanguard.com/us/FixedIncomeHome Fidelity Fixed Rate Chart https://fixedincome.fidelity.com/ftgw/fi/FILanding Unfortunately Brokered CDs aren't competitive any longer - they were up to last year. 2.05% for a 1 year CD (brokered) is pretty low! One of the re...
by LISD
Tue Jul 23, 2019 11:20 pm
Forum: Personal Investments
Topic: Good CD Rates Over the Long Haul
Replies: 13
Views: 1826

Good CD Rates Over the Long Haul

I have Ally bank right now and am happy with them, but I want to diversify. So I'm looking for another CU or bank - one that consistently has competitive CD rates over the long haul ! Bankrate.com tells me who is 'hot today' - but 'hot today' may mean 'cold tomorrow' - not interested in that. Too mu...
by LISD
Mon Jul 22, 2019 7:21 pm
Forum: Personal Investments
Topic: Taxable vs. Tax Deferred Fundamental Concept
Replies: 21
Views: 2180

Re: Taxable vs. Tax Deferred Fundamental Concept

In the spirit of 'Run the Numbers!!!!', I downloaded the spreadsheet that Rkhusky linked and did just that. First I had to change the tax rate schedule however, because the spreadsheet used the new fed tax tables (2018) but the table of results used the old (2017) tax rates that had a 28% bracket (t...
by LISD
Sun Jul 14, 2019 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Geico subrogation claim
Replies: 22
Views: 3094

Re: Geico subrogation claim

If you want to add a CDW (collision deductible waiver) to your policy, Geico will pay the deductible if the 'At Fault' party has no insurance. If you have CDW, your policy statement will say 'WAIVER' on it. The State allows drivers to drive without insurance, and we (responsible citizens) are expect...
by LISD
Wed Jun 26, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: FDIC insured up to $1 million? How is that possible?
Replies: 21
Views: 1927

Re: FDIC insured up to $1 million? How is that possible?

Of the many benefits of a trust, one of them is much higher FDIC limits. For example, if you and your wife have a trust with 5 beneficiaries, the account is insured to $2.5M. It costs to set up a trust - but maybe you have one already? or maybe it makes sense to get one for reasons other than FDIC i...
by LISD
Tue Jun 25, 2019 7:02 pm
Forum: Personal Investments
Topic: Vanguard CDs vs bank CDs?
Replies: 13
Views: 1793

Re: Vanguard CDs vs bank CDs?

Another difference is availability: Vanguard may not have a lot of CDs available - where bank CDs are plentiful (there are a lot of banks in the US). I recently looked at all CDs at Vanguard, Schwab, and Fidelity maturing within a given range of dates: VG had 2, Schwab over 20. So not all brokerages...
by LISD
Sat Jun 22, 2019 10:58 pm
Forum: Personal Investments
Topic: Advantage of T-bills?
Replies: 20
Views: 2458

Re: Advantage of T-bills?

Thanks. I stand corrected. I like Morningstar data but in this case it was confusing: it stated .42% Gov and 85.66% Cash & Equivalents. That 85.66% must be very short T-bills.
by LISD
Sat Jun 22, 2019 9:20 pm
Forum: Personal Investments
Topic: Advantage of T-bills?
Replies: 20
Views: 2458

Re: Advantage of T-bills?

.11% is 5% of your return. Not insignificant. I just looked at the prospectus of VMFXX. "An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the ...
by LISD
Tue Jun 18, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: 40+% increase in auto policy (GEICO) - normal?
Replies: 74
Views: 5293

Re: 40+% increase in auto policy (GEICO) - normal?

I just got quotes for auto+home+umbrella: AMICA, Allstate, Geico were all about the same price (~$4000/year). State Farm was the highest by $200. Ameriprise/Costco was the lowest, $1100 / year lower than Geico (current insurer). Ameriprice Auto insurance alone was HALF that of all the others. But he...
by LISD
Sat Jun 15, 2019 8:20 pm
Forum: Investing - Theory, News & General
Topic: 5 Million Into Fixed Income
Replies: 37
Views: 5938

Re: 5 Million Into Fixed Income

"Not that hard at all to get $1M+ in FDIC coverage for CDs at a single institution.." You're right. If you have a trust with two owners (wife+husband), and 5 beneficiaries, then you are insured to 2.5M at each bank. So for 5 million you would need only 2 banks. I think the CDARs would be a better op...