Search found 403 matches

by Fclevz
Sun Jun 16, 2019 1:16 pm
Forum: Personal Investments
Topic: HNW Cash Management Options
Replies: 7
Views: 710

Re: HNW Cash Management Options

Hi Livesoft: He's not unwilling to become familiar with selling/buying treasuries; it's just new for him and he has a small fear that if he wanted to sell his treasuries before maturity, he might lose principal, which seems to be his biggest priority not to do. ‘Losing principal’ is the wrong way o...
by Fclevz
Fri Jun 14, 2019 10:19 pm
Forum: Personal Investments
Topic: Vanguard Financial Plan requires Brokerage Account? Bait and switch?
Replies: 45
Views: 3487

Re: Vanguard Financial Plan requires Brokerage Account? Bait and switch?

Vanguard has been transitioning to brokerage accounts since, I believe, 2013 (did mine in 2015).
Maybe they’re just getting frustrated with the slow progress.
Someday they’re going to shut down the legacy fund-only accounts and it may wind up being a choice to convert or leave Vanguard.
by Fclevz
Fri Jun 07, 2019 9:12 am
Forum: US Chapters
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 183
Views: 48117

Re: NE Ohio (Cleveland Area) Master Thread

Bumping this for visibility, since the original meeting - now cancelled, apparently - was supposed to be tomorrow.
by Fclevz
Sun May 05, 2019 9:59 pm
Forum: Personal Consumer Issues
Topic: Saving passwords on iCloud
Replies: 21
Views: 2171

Re: Saving passwords on iCloud

One big advantage (in my mind anyway) of a password manager (I use Dashlane) on an iPhone is that Apple has built in an interface for password managers. So, when an app asks for a password, the keyboard comes up, but at the top it says "Password" (sometimes with more information) and if you touch i...
by Fclevz
Sun May 05, 2019 4:24 pm
Forum: Personal Consumer Issues
Topic: Saving passwords on iCloud
Replies: 21
Views: 2171

Re: Saving passwords on iCloud

Jimsad wrote:
Sun May 05, 2019 4:18 pm
Any recommendations which password manager is the best to use?
As RootSki mentioned above, the one that’s already built into Safari/iOS/iCloud.
by Fclevz
Sun May 05, 2019 4:14 pm
Forum: Personal Investments
Topic: Cash Solutions
Replies: 18
Views: 1393

Re: Cash Solutions

I am also in favor of zero price volatility. Summary: Preservation of Capital. To me, those are sort of contradictory. Preservation of capital isn’t zero volatility, it’s making sure there is no loss of purchasing power, meaning you must make enough on your money to overcome both taxes and inflation.
by Fclevz
Mon Apr 29, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: I'm not going to run out
Replies: 62
Views: 8759

Re: Retirees: I'm not going to run out

13 years into retirement and my portfolio is about three and a half times what it was when I retired. (nominal)
So I'm starting to feel relatively secure :D
by Fclevz
Fri Mar 29, 2019 1:59 pm
Forum: Non-US Investing
Topic: Non-US Bogleheads who overweight US?
Replies: 23
Views: 1873

Re: Non-US Bogleheads who overweight US?

galeno wrote:
Fri Mar 29, 2019 1:30 pm
We use 5 ETFs in our port.
VWRD and WSML are 2.
Just out of curiosity, what are the other 3?
by Fclevz
Thu Mar 21, 2019 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: No drama, no minimum high yield checking accounts?
Replies: 21
Views: 1378

Re: No drama, no minimum high yield checking accounts?

jebmke wrote:
Thu Mar 21, 2019 4:00 pm
if you keep the balance very low, the yield is largely irrelevant.
That’s what I was thinking.
The bank is your convenient central transfer hub, but not for money storage. Any serious amount of cash should be in your brokerage money market.
by Fclevz
Sun Mar 03, 2019 11:43 pm
Forum: Personal Consumer Issues
Topic: Where to find inexpensive unlocked phone
Replies: 56
Views: 3771

Re: Where to find inexpensive unlocked phone

RickBoglehead wrote:
Sun Mar 03, 2019 8:26 pm
...Or if you have a cell, just buy a SIM card for the port...
Yes, it sounds like you don’t actually need another phone, but just a second cheap SIM card that you can put in your iPhone for 10 minutes.
by Fclevz
Sun Feb 17, 2019 1:49 pm
Forum: Personal Investments
Topic: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?
Replies: 128
Views: 13201

Re: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?

I think holding international stocks is dangerous when one wants to retire spending US dollars. Why add forex risk to the equation? Forex exposure has generally reduced risk, with 25% of total allocation or 35% of stock allocation being the lowest risk overall historically. Put those together and y...
by Fclevz
Sat Feb 09, 2019 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Chase credit card dispute - denied
Replies: 141
Views: 9260

Re: Chase credit card dispute - denied

I am wondering their treatment of customers is based on how well they value the customer... I have a feeling that this is what determines what happens when things go bad. Yep, apparently we all have a customer’s lifetime value score . https://bgr.com/2018/11/04/secret-customer-score-determines-trea...
by Fclevz
Sun Feb 03, 2019 11:56 pm
Forum: Personal Consumer Issues
Topic: The real dog food diet...
Replies: 59
Views: 3921

Re: The real dog food diet...

KT785 wrote:
Sun Feb 03, 2019 4:37 pm
We primarily feed Orijen...
...Cosequin...
I noticed that Orijen, because of the high animal product content, including cartilage, actually lists the glucosamine and Chondroitin content (i.e. the stuff in Cosequin).
by Fclevz
Fri Feb 01, 2019 4:00 pm
Forum: Investing - Theory, News & General
Topic: International bonds
Replies: 60
Views: 5343

Re: International bonds

If you believe the US dollar is going to do poorly and other developed countries are going to be fine, sure, international bonds have a place. But their yield is so low that you NEED international currencies to beat the dollar just to get the same return as US bonds since they have higher yields. T...
by Fclevz
Thu Jan 31, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Public Library computers
Replies: 51
Views: 3943

Re: Public Library computers

The Vanguard and Fidelity apps are both good.
I'd just use my phone.
by Fclevz
Tue Jan 29, 2019 11:22 am
Forum: Personal Investments
Topic: Risk comparison: VMMXX vs VMFXX vs VUSXX?
Replies: 23
Views: 3814

Re: Risk comparison: VMMXX vs VMFXX vs VUSXX?

Garfieldthecat wrote:
Tue Jan 29, 2019 10:31 am
VMMXX has state tax on the 100% of the dividends
You must be in one of the high tax states like California, Connecticut, New York, New Jersey.
Because VMMXX has some U.S. government holdings (20.4% last year) that are not state taxable in flyover country :D
by Fclevz
Mon Jan 28, 2019 2:58 pm
Forum: Personal Investments
Topic: Close Match to Wellesley or Wellington w/Fidelity
Replies: 26
Views: 2825

Re: Close Match to Wellesley or Wellington w/Fidelity

Take a fund like the Wellington Fund. It has a 98% R-squared, or coefficient of determination, with the two indexes it tracks – 65% S&P 500 and 35% Barclays/Bloomberg corporate bond index. Ninety-eight percent! Is that an actively managed fund? Well, 2% of it is. So if there's no secret-sauce, mayb...
by Fclevz
Sat Jan 26, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: 1.2% is a competitive fee?
Replies: 24
Views: 1278

Re: 1.2% is a competitive fee?

Silas wrote:
Sat Jan 26, 2019 11:35 am
...he had a fit.
...this guy thinks I am crazy.
Sounds like you'd be well rid of him, regardless of his fee.
by Fclevz
Sun Jan 20, 2019 11:38 am
Forum: Personal Investments
Topic: Saving accounts
Replies: 46
Views: 3608

Re: Saving accounts

Local bank with one no-fee checking account.
No savings account, as all of that is at Vanguard in money market fund.
Not much money in the checking account usually since I can always move more money from Vanguard when needed.
That seems about as simple as I can make it.
by Fclevz
Wed Jan 16, 2019 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: What is US Bank up to?! Easy Checking Secret Changes!
Replies: 12
Views: 1725

Re: What is US Bank up to?! Easy Checking Secret Changes!

Curious to see where the closest branch of US Bank was to me, I checked their website.

I was surprised to see right on the local branch page: Medallion Signature Guarantees. Wow. That’s the first time I’ve ever seen a mention of them in any way, shape, or form from a bank. Nice.
by Fclevz
Sat Jan 12, 2019 10:48 am
Forum: Personal Investments
Topic: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?
Replies: 128
Views: 13201

Re: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?

Those that know something the market doesn't can select an arbitrary allocation to intentional and rationalize it here every two weeks. For the rest of us, Vanguard will introduce admiral shares of Total World Index Fund next week :beer Have they actually announced a firm date for Total World Stock...
by Fclevz
Mon Jan 07, 2019 10:00 am
Forum: Personal Consumer Issues
Topic: Soft Button Icon - Current State or Future State ?
Replies: 9
Views: 568

Re: Soft Button Icon - Current State or Future State ?

...(ok, don't ask me how we agreed upon the clock direction :-)... The reason that clocks turn clockwise has to do with sundials, which were the first clocks. In the northern hemisphere, the earth rotates counter-clockwise, which means that from our point of view the sun appears to move across the ...
by Fclevz
Fri Nov 30, 2018 2:47 pm
Forum: Personal Investments
Topic: TLH'd from VTSAX to VFIAX a month ago, what to buy now?
Replies: 10
Views: 820

Re: TLH'd from VTSAX to VFIAX a month ago, what to buy now?

Another good tax-loss fund (perhaps even better than S&P 500) is the large-cap index fund VLCAX, which covers 85% of the market. (CRSP mega+mid).
by Fclevz
Sun Nov 18, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: POV on Vanguard's Global Wellington Fund Admiral Shares (VGWAX)
Replies: 12
Views: 2218

Re: POV on Vanguard's Global Wellington Fund Admiral Shares (VGWAX)

Right, but I don't understand why the fund managers are choosing to own foreign bonds that yield less than their US equivalents or why I should choose to do so. The lower yield is before figuring in the hedging to the US dollar. Its hedge positions are detailed in the annual report. Hedging can mak...
by Fclevz
Fri Nov 16, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 238
Views: 44630

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

In the foreword, Bogle states the following: For U.S. investors, Taylor suggests that 20% of the equity allocation should be placed in a Total International Stock Index Fund. That suggested 20% is essentially a compromise between my suggested maximum of 20% and the minimum 20% recommended by a Vangu...
by Fclevz
Wed Nov 14, 2018 4:05 pm
Forum: Personal Investments
Topic: Satisfied with 3% Returns for the last 10 years of working?
Replies: 13
Views: 2281

Re: Satisfied with 3% Returns for the last 10 years of working?

Is that 3% before or after inflation?
by Fclevz
Fri Nov 02, 2018 10:18 am
Forum: Personal Investments
Topic: Not having the luxury of rebalancing a 3 fund portfolio
Replies: 5
Views: 947

Re: Not having the luxury of rebalancing a 3 fund portfolio

Since you're at Fidelity, you may also want to check out their line of target-allocation funds: https://www.fidelity.com/mutual-funds/f ... ager-funds
by Fclevz
Sat Oct 27, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Unplugging from Tech Tips
Replies: 38
Views: 3141

Re: Unplugging from Tech Tips

I can't think of any unique tips or tricks to reducing screen time other then removing the tech completely from your life. I've found that to be absolutely true. In particular, I found portability and the always-available aspect to be the problem. My solution was to eliminate the smartphone. I stil...
by Fclevz
Tue Oct 09, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Dayton, Ohio -- Worth Visiting?
Replies: 41
Views: 3627

Re: Dayton, Ohio -- Worth Visiting?

tivattom wrote:
Tue Oct 09, 2018 10:40 am
The National Museum of the US Air Force is a great museum, and a must see if you've never been. Its definitely worth the price of admission (its free).

https://www.nationalmuseum.af.mil/
Definitely don’t miss the XB-70 Valkyrie.
by Fclevz
Fri Oct 05, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: place to buy stock certificates?
Replies: 4
Views: 773

Re: place to buy stock certificates?

https://www.giveashare.com

However, the number of companies that still issue paper certificates is growing smaller every day.
by Fclevz
Tue Sep 11, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars
Replies: 53
Views: 4975

Re: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars

Vanguard now has commission-free trading on 1,800 ETFs, so its not like nothing good is happening there.
by Fclevz
Fri Sep 07, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: Mutual Fund Fee Wars Will Encourage Bad Behavior
Replies: 26
Views: 2781

Re: Mutual Fund Fee Wars Will Encourage Bad Behavior

Vanguard ETF's used to be commission-free only up to 25 buys and sells of the same ETF in a year. After that, you paid commission.
I don't see that on the website anymore, did they do away with it?
by Fclevz
Thu Sep 06, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 6365

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

Sort of a bummer that there isn't a traditional mutual fund option available. Interesting that the reasoning for making this an ETF-of-ETF's would also have applied to Total World Stock (VT), yet they made that an entirely new fund, rather than just combining Total Stock and Total International Stoc...
by Fclevz
Wed Sep 05, 2018 10:03 am
Forum: Personal Investments
Topic: Is there a better way to do International than Total Index??
Replies: 22
Views: 3136

Re: Is there a better way to do International than Total Index??

Jack Bogle has previously suggested that any international allocation be half in emerging markets and half in developed.
by Fclevz
Thu Aug 30, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: Taxable account cost basis. Specific ID, FIFO or average cost?
Replies: 18
Views: 1504

Re: Taxable account cost basis. Specific ID, FIFO or average cost?

you still have to get each lot entered on Form 8949. It doesn't make the recordkeeping any easier, but on Form 8949 you can report the sale in aggregate. IRS Publication 550 says: If you sell a block of stock or other property that you bought at various times, report the short-term gain or loss fro...
by Fclevz
Tue Aug 14, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio experiment
Replies: 19
Views: 2956

Re: Schwab Intelligent Portfolio experiment

Thanks for the report. I've been wondering how people will feel come tax time when they have to report all these buying and selling activities. The number of transactions is actually irrelevant as far as your 1040 goes. As long as it’s information supplied to the IRS, and there aren’t any basis rep...
by Fclevz
Mon Aug 13, 2018 10:33 am
Forum: Personal Investments
Topic: Vanguard Prime Money Market
Replies: 5
Views: 1228

Re: Vanguard Prime Money Market

That's a lot of cash. If it's a semi-permanent allocation, have you maybe considered something like the Vanguard Ultra-Short-Term Bond Fund Admiral Shares (VUSFX)? Or maybe 52 week T-bills at about 2.45%?
by Fclevz
Thu Aug 02, 2018 5:12 pm
Forum: Personal Investments
Topic: Let's talk Bonds: BND, VCIT, BIV, LQD, SLQD?
Replies: 23
Views: 3095

Re: Let's talk Bonds: BND, VCIT, BIV, LQD, SLQD?

According to Nisiprius’ recent scatter diagram series, the exact bond fund choice appears to not matter too much.
viewtopic.php?f=10&t=255305&p=4045998
by Fclevz
Wed Jul 25, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe Radio Interview
Replies: 19
Views: 2128

Re: Larry Swedroe Radio Interview

I am surprised no one mentioned these two comments. Both of these subject usually drive half of the most active threads. 1) He said his portfolios are 50% domestic 50% international. He does this because he said the world wide market cap is roughly 50/50. Most people on this board usually have much...
by Fclevz
Sun Jul 22, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 143
Views: 32833

Re: Bill Sharpe's preferred portfolio

spdoublebass wrote:
Sun Jul 22, 2018 2:26 pm
I agree with everything above except the Global all cap ex US.
I found that number to be 21,532,624
In your link it shows the global number as 51,639,835 and the US as 27,505,578

51,639,835 - 27,505,578 = 24,134,257
Where did you get the 21,532,624 number?
by Fclevz
Sat Jul 21, 2018 6:01 pm
Forum: Personal Investments
Topic: Parking $$ for future tax payment
Replies: 12
Views: 1126

Re: Parking $$ for future tax payment

Rather than waiting for next April, wouldn’t the IRS be expecting quarterly estimated tax payments this year?
by Fclevz
Wed Jul 18, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 198
Views: 18178

Re: New Vanguard Security Code Requirement

Jack FFR1846 wrote:
Wed Jul 18, 2018 6:18 am
...first screen telling me I can link my bank account (not interested)...
Without the bank link, how do you move money into or out of your account?
Isn't the bank link going to be essentially mandatory too, since the invest-by-mail forms are now defunct?
by Fclevz
Mon Jul 09, 2018 3:43 pm
Forum: Investing - Theory, News & General
Topic: Fundrise vs. Vanguard REIT ETF
Replies: 16
Views: 4436

Re: Fundrise vs. Vanguard REIT ETF

Non-traded and limited monthly liquidity was as far as I needed to read. I’m out.

What’s the old saying? Don’t buy an investment that doesn’t have a price quote in the Wall Street Journal.
by Fclevz
Mon Jul 09, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: French language accounting software?
Replies: 8
Views: 657

Re: French language accounting software?

The de-facto standard Quickbooks seems to be available in a whole bunch of languages.

https://quickbooks.intuit.com/choose-country/
by Fclevz
Wed Jul 04, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]
Replies: 24
Views: 2119

Re: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]

I like John's recommendation for Vanguard to turn the three-fund portfolio into a one-fund portfolio, holding Taylor's three funds in market cap weighting in a single fund. Talk about the ultimate in simplification. Does anybody know what that would look like? https://www.bogleheads.org/forum/viewt...
by Fclevz
Mon Jun 25, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: S&P P/E Ratio
Replies: 50
Views: 3767

Re: S&P P/E Ratio

A big thing you’re missing is interest rates. Stock market pe ratios should vary inversely with bond rates. The point is that we shouldn’t view the market pe multiple in isolation, comparing it only to its own historical values; instead, it should be viewed in context of bond rates... Yep, that's w...
by Fclevz
Fri Jun 22, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 238
Views: 44630

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Always passive wrote:
Thu Jun 21, 2018 12:35 pm
IT IS OUT in paper and electronically. Check Amazon
Or, please, consider patronizing your local physical bookstore :beer