Search found 127 matches

by quisp65
Sun Oct 25, 2020 6:14 pm
Forum: Investing - Theory, News & General
Topic: Marketwatch.com started charging recently
Replies: 17
Views: 1397

Re: Marketwatch.com started charging recently

I'll miss it too but wouldn't pay a penny for it. I felt I could ramble at the end of their articles without looking stupid. Here I delete over half my posts after I write them because I feel they are not boglehead worthy. That's how you know you found a good forum :-)
by quisp65
Wed Oct 21, 2020 4:55 am
Forum: Investing - Theory, News & General
Topic: Rethinking bonds
Replies: 78
Views: 7964

Re: Rethinking bonds

IMO in these low interest rate times many bond beliefs are "old school" and it is best to be 100% equity till near retirement and in retirement it's better to be an aggressive allocation and dial in more comfort by shaving a few tenths of a percentage off your withdrawal rate rather than get your co...
by quisp65
Sun Oct 18, 2020 9:12 pm
Forum: Personal Investments
Topic: At what age did you start moving into bonds?
Replies: 79
Views: 4367

Re: At what age did you start moving into bonds?

I created an AA where I bought fixed income (CDs) at Age 53 and retired age 54. I did have a small amount of short term corp bonds on & off through my life that I used as a cash account.
by quisp65
Wed Oct 14, 2020 6:20 am
Forum: Investing - Theory, News & General
Topic: Barron's:A 60/40 Stocks/Bond Strategy Doesn’t Work. What to Do Instead.
Replies: 35
Views: 5670

Re: Barron's:A 60/40 Stocks/Bond Strategy Doesn’t Work. What to Do Instead.

I think investors should start going more aggressive in these low interest rate times and negate risks by taking a few tenths of a percentage points off their withdrawal rate rather than do it solely by a large fixed income allocation. A young investor will very likely have more money at retirement ...
by quisp65
Mon Oct 12, 2020 8:37 am
Forum: Investing - Theory, News & General
Topic: Bond alternatives
Replies: 96
Views: 5943

Re: Bond alternatives

I figure one bond alternative is to drop your withdrawal rate down a few tenths of a percentage points and be more aggressive with your allocation. For example someone pulling 2% would only be pulling 4% if the market dropped 50% and the market never stays down long. Say you were thinking of retirin...
by quisp65
Sat Oct 03, 2020 9:56 am
Forum: Personal Investments
Topic: fixed annuity
Replies: 27
Views: 1652

Re: fixed annuity

If I trusted my state guaranty I would just go with what paid the highest percent and wouldn't care about rating, but I live in Cali where I only get 80% back in case of insurance insolvency. I'm not touching MYGAs because of that, but I could see reasonable people disagree. It's still like an indiv...
by quisp65
Sun Sep 27, 2020 5:04 am
Forum: Personal Investments
Topic: Long Suffering VXUS Holder No More
Replies: 216
Views: 20031

Re: Long Suffering VXUS Holder No More

I worry about corruption and lack of proper regulation with international stock and tend to think larger companies have more eyes watching. For this reason I always liked VEU (Vanguard FTSE All World ex US) over VXUS. VEU outperformed VXUS and I suspect that will always be the case due to what I men...
by quisp65
Wed Sep 23, 2020 6:44 am
Forum: Investing - Theory, News & General
Topic: [Professor Jeremy Siegel says 75/25 in retirement]
Replies: 87
Views: 9699

Re: [Professor Jeremy Siegel says 75/25 in retirement]

I wonder how this allocation percentage changes balancing views? I partly rationalized going higher equity by one way balancing and going for a larger pot of buy & hold. However I think I would feel safe buying more equity at 40% drop and maybe even 30%, but have not decided on that part of my plan....
by quisp65
Sun Sep 20, 2020 6:27 am
Forum: Personal Investments
Topic: MYGA vs CD - what would you choose?
Replies: 16
Views: 1996

Re: MYGA vs CD - what would you choose?

I would love to jump on a MYGA but I'm in California where I'm only protected by 80% if the insurance company goes insolvent. I think I won't go MYGAs over CDs due to this but has anyone rationalized buying MYGAs in Cali? I'm wondering if Cali chose 80% due the frequent fires and this being hard on ...
by quisp65
Wed Sep 16, 2020 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed - CARES and 72(t)/SEPP withdrawal
Replies: 10
Views: 489

Re: Advice needed - CARES and 72(t)/SEPP withdrawal

If you started a SEPP in January 2020 then nothing has been reported yet and you can just start the SEPP later and count what you took out as part of the 100K for the cares act. I started a SEPP in March but switched it over to a Cares Act since I only need a little extra till 59.5. I'm not sure ab...
by quisp65
Wed Sep 16, 2020 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed - CARES and 72(t)/SEPP withdrawal
Replies: 10
Views: 489

Re: Advice needed - CARES and 72(t)/SEPP withdrawal

If you started a SEPP in January 2020 then nothing has been reported yet and you can just start the SEPP later and count what you took out as part of the 100K for the cares act. I started a SEPP in March but switched it over to a Cares Act since I only need a little extra till 59.5. I'm not sure abo...
by quisp65
Sun Sep 06, 2020 7:41 am
Forum: Investing - Theory, News & General
Topic: Early withdrawing CDs...problems or hidden expenses?
Replies: 10
Views: 631

Re: Early withdrawing CDs...problems or hidden expenses?

Ok.... it's looking like people are saying every case is different and it just all depends. Thanks all! I did look at MYGAs and I would be comfortable trying them out but I'm in California where the state organization only gives you 80% back if the company goes insolvent. Wonder why Cali does this? ...
by quisp65
Sat Sep 05, 2020 11:28 am
Forum: Investing - Theory, News & General
Topic: Early withdrawing CDs...problems or hidden expenses?
Replies: 10
Views: 631

Early withdrawing CDs...problems or hidden expenses?

Problems with this path? Hidden expenses? Banks saying NO to opening multiple (4-10) 5 year CDs? I was planning on going the duration of 1-3 year on CDs as my fixed income but started thinking about buying multiple smaller 5 year CDs with the plan on breaking one when I need the money. Unless there ...
by quisp65
Thu Aug 27, 2020 12:10 pm
Forum: Investing - Theory, News & General
Topic: Whose being naughty and keeping some dry powder around?
Replies: 110
Views: 9428

Re: Whose being naughty and keeping some dry powder around?

I only do one way balance but I do think about dry powder sometime. I think if I can have dry powder then I could just make my AA more aggressive and do better with a larger buy & hold. I certainly wouldn't want to do it without a plan. There was a difference in the pandemic crash and the 2000 slow ...
by quisp65
Mon Aug 24, 2020 4:56 pm
Forum: Personal Investments
Topic: Cash allocation after retirement...
Replies: 29
Views: 3121

Re: Cash allocation after retirement...

I just retired and I'm aggressive on equity but heavy on cash. AA & plan in my sig. Lots of cash provides more comfort to me than bonds and that is important to me since my high equity percentage. I'm not a wealthy Boglehead though and aggressively shopping for high CD rates might be a little more h...
by quisp65
Thu Aug 13, 2020 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 854
Views: 111173

Re: Best CD rates thread

I'm still on a 3 year addon CD 3% at Navy Federal, but I would try this 12 month 1.97% IRA Jumbo CD if I wasn't. Wonder if you can do it remotely? "Our membership includes employees, residents, volunteers, retirees, members and family members of the following. Which one do you belong to?" https://ww...
by quisp65
Tue Jul 28, 2020 10:58 pm
Forum: Personal Investments
Topic: Vanguard Short-Term Investment-Grade Fund
Replies: 9
Views: 1233

Re: Vanguard Short-Term Investment-Grade Fund

I was trying to use it as a cash fund since I retired this year and had around $60K in it. I lost around $3K in March and determined it wasn't for me and put my cash in a HYSA. I looked at 2009 and thought I would come out ahead using it as cash if I could go 10+ years without big down turn but the ...
by quisp65
Wed Jul 22, 2020 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 854
Views: 111173

Re: Best CD rates thread

I've ran this idea out before and no one has ever biten and responded, but it's a fun topic for me to think about. When selecting "any" for location in IRA rates at deposit rates site you come across a lot of good local deals, a lot of times out dated but maybe not always. Rates for those who work, ...
by quisp65
Thu Jul 02, 2020 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Expands eligibility for Corona Virus Related Distributions
Replies: 79
Views: 8540

Re: IRS Expands eligibility for Corona Virus Related Distributions

What are the tax-planning and other opportunities for people who don't actually need the money, but meet the criteria to take a CRD? I suppose you can now do a $100k Roth conversion and spread the tax over 3 years (and also avoid 10% penalty if it would otherwise be applicable)? My wife and I both ...
by quisp65
Wed Jun 24, 2020 10:42 am
Forum: Personal Finance (Not Investing)
Topic: IRS Expands eligibility for Corona Virus Related Distributions
Replies: 79
Views: 8540

Re: IRS Expands eligibility for Corona Virus Related Distributions

The CA FTB may or may not have determined if the state will conform to the federal CRD rules. In many cases such as HSAs CA goes their own way, but you can check the state website for any specifics. You will have to file federal Form 8915 E to report your CRD and any repayments of CRDs. Reporting i...
by quisp65
Wed Jun 24, 2020 6:49 am
Forum: Personal Finance (Not Investing)
Topic: IRS Expands eligibility for Corona Virus Related Distributions
Replies: 79
Views: 8540

Re: IRS Expands eligibility for Corona Virus Related Distributions

I'm using a CRD from my traditional IRA as money for my early retirement. If I run across extra money (rich parents are generous) could I put up to $100K back in my Roth and pull the contribution part back out if I need it? My Roth account is 5 years old and if it was considered a contribution I cou...
by quisp65
Mon Jun 22, 2020 3:32 am
Forum: Personal Finance (Not Investing)
Topic: IRS Expands eligibility for Corona Virus Related Distributions
Replies: 79
Views: 8540

Re: IRS Expands eligibility for Corona Virus Related Distributions

The next issue I'm interested on regarding this topic is how do we spread out the taxes? I'm guessing we & all the tax software has got till January to figure that one out. Tax programs are going to have to remind us all they way in 2023 while doing 2022 taxes...."remember about that CRD in 2020". I...
by quisp65
Sat Jun 20, 2020 9:47 am
Forum: Personal Finance (Not Investing)
Topic: IRS Expands eligibility for Corona Virus Related Distributions
Replies: 79
Views: 8540

Re: IRS Expands eligibility for Corona Virus Related Distributions

It says you’re a qualified individual if you or a family member has been quarantined. Doesn’t that apply to pretty much everybody? A quarantine is a restriction on where you can go to try to prevent disease spread. All the students in my area were quarantined from school to keep the disease from sp...
by quisp65
Sat Jun 20, 2020 6:22 am
Forum: Personal Finance (Not Investing)
Topic: IRS Expands eligibility for Corona Virus Related Distributions
Replies: 79
Views: 8540

Re: IRS Expands eligibility for Corona Virus Related Distributions

I'm glad they included being able to qualify if your spouse got less work. I just retired and just started a SEPP that hasn't been IRS reported yet and I can now switch that over to a CRD and get out that risky 5 year venture. I got 5 years till 59.5 and I'll live on a CRD for half of it and Roth wi...
by quisp65
Sat May 30, 2020 9:52 am
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 39
Views: 3722

Re: Penalty-free withdrawals from 401(k)s

"or having work hours reduced due to SARS-CoV-2 or COVID-19" A liberal IRS interpretation of the above qualification will qualify just about everybody. When I put that search term in google I ran across my state of California's unemployment benefits listed below.... "Would I qualify for benefits if ...
by quisp65
Mon May 25, 2020 7:12 am
Forum: Personal Investments
Topic: How do you retire early if your money is tied up in tax deferred?
Replies: 26
Views: 3770

Re: How do you retire early if your money is tied up in tax deferred?

SEPPs can be expensive if you mess up and not all work retirement plans offer partial withdrawals. My work stated they allowed partial withdrawals at 55 from my 403b (not all work plans do), but when retirement came, they denied me the money, and then they changed their mind just as I gave up and ro...
by quisp65
Sat May 23, 2020 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Switching my SEPP to CARES ACT distribution
Replies: 2
Views: 218

Re: Switching my SEPP to CARES ACT distribution

Following the lead in prior disaster distributions provisions as suggested by the IRS, if you have an active 72t plan, a CRD (corona virus distribution) up to 100,000 additional will NOT bust the 72t plan. Under the current definition of a CRD, it is doubtful that you qualify since neither of you h...
by quisp65
Sat May 23, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Switching my SEPP to CARES ACT distribution
Replies: 2
Views: 218

Switching my SEPP to CARES ACT distribution

Are they going to be plenty lenient with Cares ACT distributions from an IRA? I quit/retired Feb 6th 2020 as a Nurse and took my first 72t SEPP payment March 23rd from Vanguard totaling about $40K. Since the IRS doesn't know my intent till next year in April during tax filing, could that early withd...
by quisp65
Sat May 09, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: A bond rule of thumb better than "age in bonds"
Replies: 152
Views: 10854

Re: A bond rule of thumb better than "age in bonds"

I got lucky and didn't think of getting my fixed income until a year of retiring while the market was high, but my advice is 7-10 years out from retirement start buying a little fixed income (bonds or cds). The market has hit high at least every 7 years since 1949. If you got too much money sure... ...
by quisp65
Thu May 07, 2020 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 854
Views: 111173

Re: Best CD rates thread

Anyone got any history, story or theory regarding snowbirds and credit unions membership? Sometimes these credit unions are lax on membership. The slang definition of snowbirds of course could be open to interpretation. Honesty is certainly tantamount here given bank fraud laws, but some of those ra...
by quisp65
Mon May 04, 2020 9:46 am
Forum: Personal Investments
Topic: CDs as your fixed income, bonds, or both?
Replies: 13
Views: 1636

Re: CDs as your fixed income, bonds, or both?

I'm gravitating into two 3 year CDs and the rest in HYSA and just rotate two CDs. This keeps it pretty simple. About every 1.5 years I will search for the highest rate 3 year CD if the place passes my inspection and spend 20 minutes doing the paperwork. I just need to keep around 2 years of expenses...
by quisp65
Wed Apr 29, 2020 10:43 am
Forum: Personal Investments
Topic: Money market rates... Vanguard Prime vs online banks
Replies: 17
Views: 1926

Re: Money market rates... Vanguard Prime vs online banks

If I researched right... the best high yield savings accounts dropped down to 0.80%ish during their lowest points around 2013ish. I wonder if they were about equal then to the best money markets? Maybe past performance won't be what we go through now though.
by quisp65
Tue Apr 28, 2020 11:52 am
Forum: Personal Finance (Not Investing)
Topic: What’s the lowest you can comfortably live on?
Replies: 26
Views: 1586

Re: What’s the lowest you can comfortably live on?

I'm in San Diego with no mortgate or rent and 2 of us live on $1,200 every 2 weeks and that's enough for occasionally eating out. So $31,200 and about $4,500 for property tax and another $5K in emergency expenses. So around $35K-40K. Our normal expenses in only about $65K. California is not that exp...
by quisp65
Sat Apr 25, 2020 11:10 am
Forum: Personal Investments
Topic: Why not be more aggressive about stocks?
Replies: 27
Views: 1896

Re: Why not be more aggressive about stocks?

Retired on 75/25 stock index/cash investments with one way balance into cash during market highs. I can cut my spending by at least 33% if the cash runs out.
by quisp65
Sat Apr 04, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: Best Retirement Calculator? - Testing if I have enough to retire?
Replies: 26
Views: 1989

Re: Best Retirement Calculator? - Testing if I have enough to retire?

I've always like the Ultimate Retirement calculator because you can put SS in and many other stats and you can put in the numbers very conservative, like making only 1% above inflation and run it out till you 100 JIC. It helps if you calculate your SS with the calculator from the SS website first so...
by quisp65
Sat Apr 04, 2020 2:05 pm
Forum: Investing - Theory, News & General
Topic: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?
Replies: 97
Views: 4322

Re: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?

I always loved this graph. Does anybody know what inflation averaged in this long time period? So 6.6% stock growth relative to what percentage inflation for the same time period? Nmd... I think I found it. 1.47% inflation since 1802. https://www.officialdata.org/us/inflation/1802 oh... I guess the...
by quisp65
Sat Apr 04, 2020 1:57 pm
Forum: Investing - Theory, News & General
Topic: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?
Replies: 97
Views: 4322

Re: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?

No, As already pointed out, picking the asset with highest returns in hind-sight is silly... even more so when the result of that period could be described as a fluke that happened rarely in a historical context. There's a reason the book "Stocks For The Long Run" was written, and that chart is so ...
by quisp65
Sat Apr 04, 2020 10:02 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund vs. Alternatives in today’s market
Replies: 20
Views: 1789

Re: Total Bond Market Fund vs. Alternatives in today’s market

I think Total Bond Market Fund is one of the best places to have your fixed income. However I don't own any because I'm retired & very aggressive AA 75/25 and don't need more volatility in my portfolio and also I'm only one way balancing into fixed income and don't need to have liquid fixed income. ...
by quisp65
Sat Apr 04, 2020 9:43 am
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38648

Re: Lets predict the bottom of this dip/recession

Has it sank into the mind of the market that people are going to be spending a lot less till there is a vaccine? Would the current rate qualify for that priced in or something much lower? People aren't going to be traveling or eating out as much till a vaccine will be massed produced in about a year...
by quisp65
Sat Apr 04, 2020 9:32 am
Forum: Personal Investments
Topic: Advice for age 29 with $500K to invest. What’s the best play???
Replies: 29
Views: 2829

Re: Advice for age 29 with $500K to invest. What’s the best play???

Up to you but I would bet the odds are if you waited to not invest all of it you'll either be investing at a higher rate or just waiting for the next crash. However it maybe not have sank in that people are going to isolate for a while regardless of what the govt say and spend less cash till there i...
by quisp65
Mon Mar 30, 2020 2:12 pm
Forum: Investing - Theory, News & General
Topic: Has Your Asset Allocation Strategy Changed?
Replies: 73
Views: 3864

Re: Has Your Asset Allocation Strategy Changed?

Nope... retired at 75/25 which is at least 7 years of fixed income, but my 20% of my fixed income that was risky that I use as my cash fund I moved out of short term corporate bonds and into a savings account.
by quisp65
Sun Mar 29, 2020 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: How long before online savings get close to 0%?
Replies: 18
Views: 2559

Re: How long before online savings get close to 0%?

I am surprised at the high brokered CD rates now. I was thinking it might be due to people need dry powder for the market being low and fewer wants to invest in a CD. It's a bit of a pain but one thing I've done a few times to check what interest rates were way back was go to Deposit accounts forums...
by quisp65
Wed Mar 25, 2020 8:55 pm
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 349
Views: 30160

Re: How much you lost/gain since Feb 20,2020 ?

Not paying attention to my equities, but I did lose $3K in my short corp bonds and bailed. I'm paying off a mortgage and I couldn't wait to get it back if I wanted to. Taking risks with your fixed income is for the wealthy and that ain't me. I'll stay MM, CDs & savings accounts. Though Vanguard's Ul...
by quisp65
Mon Mar 23, 2020 7:59 am
Forum: Personal Investments
Topic: Taxable savings account hopping. What to expect? What to ask?
Replies: 1
Views: 159

Re: Taxable savings account hopping. What to expect? What to ask?

I went back to 2013 when interest rates were low for a while and saw 2%ish on a few savings accounts on the Deposit Account forums. So I hope that past indicates our future and that answers my last questions of maybe what to expect on shopping.
by quisp65
Mon Mar 23, 2020 7:39 am
Forum: Personal Investments
Topic: Taxable savings account hopping. What to expect? What to ask?
Replies: 1
Views: 159

Taxable savings account hopping. What to expect? What to ask?

For the next 5 years I have to pull out a specific amount of living expenses and put it in a taxable account for my 72t SEPP. Since this would be a learning experience for me...what are the relevant questions to ask before trying a bank or credit union savings account out? ACH transfer questions? An...
by quisp65
Fri Mar 20, 2020 12:19 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds don't work in a crisis
Replies: 179
Views: 13184

Re: Bond Funds don't work in a crisis

I'm assuming you're using bond fund interest as retirement income . . . ? Despite the drop in fund NAV, do you expect your monthly interest income to change much? Since most all my fixed income is in CDs. I need about 1 year of expenses as a living expense fund that sends money to my bank every 2 w...
by quisp65
Fri Mar 20, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: Bond Funds don't work in a crisis
Replies: 179
Views: 13184

Re: Bond Funds don't work in a crisis

Large parts of the bond market are not very liquid, even during more placid times. A lot of what you are seeing is volatility in municipals and corporates, lots of these are thinly traded. These will bounce back once there is clarity on the coronavirus crisis. You saw this volatility in 2008-2009 t...
by quisp65
Mon Mar 16, 2020 7:07 am
Forum: Personal Investments
Topic: Who is continuing to buy as planned?
Replies: 119
Views: 8433

Re: Who is continuing to buy as planned?

If I hadn't just retired on 75/25 VTSAX/CDs and a bit of short term bond fund.... I would dump most of my fixed income into more of my index. Maybe hold onto just a year or two of fixed income. I would be pretty confident in getting the return of my investment and more at least in 2 years. My aggres...
by quisp65
Mon Mar 09, 2020 8:38 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20319
Views: 2778131

Re: U.S. stocks in free fall

I got a bit over 441K in rollovers that missed most of the recent downturn and I'm putting it all back today in VTSAX. I'm devilishly cheering for value today! :-D

There is a God and I'm afraid this is all being done for me ;-D
by quisp65
Sat Mar 07, 2020 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Using daily balance for calculation of SEPP?
Replies: 4
Views: 308

Re: Using daily balance for calculation of SEPP?

Short answer, this is risky and probably unnecessary. Depending on an IRS examiners interpretation of "reasonable" is best avoided. Usually, such efforts are designed to generate a peak value to max out the largest possible calculation per dollar of account balance. But now that we are in a highly ...