Search found 46 matches

by TNOA
Sat Sep 07, 2019 5:21 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 21228

Re: What is your allocation to U.S. and International?

truenorth418 wrote:
Sat Nov 24, 2018 4:45 pm
65 stock 35 bond

Stock 60 US 40 Ex-US

Bond 100 US
Same here, except 55 stock 45 bond
by TNOA
Thu Aug 29, 2019 4:01 pm
Forum: Investing - Theory, News & General
Topic: Stocks - Dividend Yield Question
Replies: 6
Views: 503

Re: Stocks - Dividend Yield Question

Also, probably the best guess for what the next dividend will be would be what the last two or three dividends were, making sure you are looking at dividends and not capital gains distributions. The suggestion to look at same quarter prior year makes sense because sometimes dividends vary systemati...
by TNOA
Thu Aug 29, 2019 4:00 pm
Forum: Investing - Theory, News & General
Topic: Stocks - Dividend Yield Question
Replies: 6
Views: 503

Re: Stocks - Dividend Yield Question

I wouldn't use any of them. My preferred method is to use the dividends per share for the same quarter, prior year and adjust for likely increases (or not if I think they will be flat) multiplied by the number of shares I hold. I only make this calculation for estimated tax purposes so it doesn't n...
by TNOA
Thu Aug 29, 2019 8:47 am
Forum: Investing - Theory, News & General
Topic: Stocks - Dividend Yield Question
Replies: 6
Views: 503

Stocks - Dividend Yield Question

I was looking at TDAmeritrade, the VTI's dividend yield. Very confused. Can someone please for once explain to me what exactly is the difference between 1. Distribution yield (TTM) = 1.81%; 2. Annual dividend/yield = $2.05/1.40%; and 3. SEC 30-day yield (as of July 31, 2019) = 1.83%. Simply lost. Wh...
by TNOA
Sun Aug 18, 2019 8:47 pm
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Re: Switch AA 10-year to 2-year Treasuries?

I am not one who makes changes to AA . But one thing, I've been struggling with. Considering how low the yields have sunk, and how little the spread has become between the 10-year Treasuries and 2-year Treasuries... And simply thinking, the path for treasuries from these lows or even perhaps negati...
by TNOA
Thu Aug 15, 2019 9:11 pm
Forum: Investing - Theory, News & General
Topic: 30 year treasury yield drops below 2% for the first time in history
Replies: 41
Views: 5366

Re: 30 year treasury yield drops below 2% for the first time in history

I think in large part the decline in 10 / 30 year notes is due to foreign money flowing into US since many intl rates are negative. I simply won't put my money in a negative yielding govt insured bond. But if the US follows europe I suspect banks may have to charge to hold my cash assets. What to d...
by TNOA
Wed Aug 14, 2019 10:36 pm
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Re: Switch AA 10-year to 2-year Treasuries?

Did not see every post in thread, but taking the counter argument, I am guessing that typically when short term rates are higher than long term rates, that signals weakness and rates go down across the board, which benefits long bonds much more than short and is also a better diversifier (or should...
by TNOA
Wed Aug 14, 2019 10:33 pm
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Re: Switch AA 10-year to 2-year Treasuries?

Going shorter duration because of the yield curve is completely silly. You could make an equally viable argument that you should go longer duration. (The yield curve is "telling you" that short term rates are going to drop.) The correct answer is to not pay any attention to it and make no moves bas...
by TNOA
Wed Aug 14, 2019 9:59 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Re: Switch AA 10-year to 2-year Treasuries?

I switched some of my ST bond fund to IT (5 year) bond fund when 10 Yr. Treasuries were around 2.2%. Of course it would have been better to do it when it was 3+%. So in the short term I now have a higher return now and a larger gain than if I'd kept the ST bonds. I think I'll keep the bonds allocat...
by TNOA
Tue Aug 13, 2019 9:35 pm
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Re: Switch AA 10-year to 2-year Treasuries?

I switched some of my ST bond fund to IT (5 year) bond fund when 10 Yr. Treasuries were around 2.2%. Of course it would have been better to do it when it was 3+%. So in the short term I now have a higher return now and a larger gain than if I'd kept the ST bonds. I think I'll keep the bonds allocat...
by TNOA
Tue Aug 13, 2019 11:57 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Re: Switch AA 10-year to 2-year Treasuries?

Here’s a thread full of people worried about potentially permanent negative interest rates and discussing whether switching to 20-30 year treasuries is the right thing to do: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=287897 Interest rates have “had nowhere to go but up” for almost a dec...
by TNOA
Tue Aug 13, 2019 11:57 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Re: Switch AA 10-year to 2-year Treasuries?

You could certainly invoke Pascal's Wager to justify 2 year notes instead of the 10 year bonds. In other words the risk going with 2 year is re-investment risk if rates fall further - while the risk with the 10 year is inflation risk if there is a sharp rise in inflation - arguably more threatening...
by TNOA
Tue Aug 13, 2019 11:55 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Re: Switch AA 10-year to 2-year Treasuries?

... so my question is, does this warrant to switch the 10-year Treasury exposure within the AA (asset allocation) to 2-year Treasuries? I know this may tick you guys off as it is not "stay the course" but i honestly couldn't do without asking. It does not, in my opinion. For one thing, moving to bo...
by TNOA
Tue Aug 13, 2019 11:53 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Re: Switch AA 10-year to 2-year Treasuries?

Most important issue here is what your stock allocation is. In isolation 2 yr treasuries may be a higher risk/return asset than the 10 yr right now, but what about when paired with 60% stocks? The most important thing for me is that US stocks and treasuries bonds have historically had a negative co...
by TNOA
Tue Aug 13, 2019 6:18 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3929

Switch AA 10-year to 2-year Treasuries?

I am not one who makes changes to AA. But one thing, I've been struggling with. Considering how low the yields have sunk, and how little the spread has become between the 10-year Treasuries and 2-year Treasuries... And simply thinking, the path for treasuries from these lows or even perhaps negative...
by TNOA
Sun Aug 11, 2019 7:14 pm
Forum: Personal Investments
Topic: thoughts on international funds
Replies: 67
Views: 4647

Re: thoughts on international funds

Stay the course. In case you've missed it, ... discussing what that course is: are you saying, 40% of equities into VXUS? Okay, got it. I agree. Stay the course! As Jack Bogle has said countless times “stay the course”. No one knows in advance what funds or asset class will work over the long term....
by TNOA
Thu Aug 08, 2019 9:23 pm
Forum: Personal Investments
Topic: thoughts on international funds
Replies: 67
Views: 4647

Re: thoughts on international funds

abuss368 wrote:
Thu Aug 08, 2019 8:44 pm
Stay the course.
In case you've missed it, ... discussing what that course is: are you saying, 40% of equities into VXUS? Okay, got it. I agree. Stay the course!
by TNOA
Tue Aug 06, 2019 8:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047851

Re: U.S. stocks in free fall

fanmail wrote:
Tue Aug 06, 2019 1:24 pm
S&P is now 100+ points off the lows from last night. I did say today would be interesting, lol.
wow, you knew it exactly. It has been an interesting day. Congrats...
by TNOA
Tue Aug 06, 2019 9:40 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047851

Re: U.S. stocks in free fall

J G Bankerton wrote:
Mon Aug 05, 2019 10:25 pm
TNOA wrote:
Mon Aug 05, 2019 9:14 pm
Since we are attempting to diversify and manage volatility on a day like this, can someone more knowledgeable explain this to me, why generally 10-year is preferred by BH over 30-year Treasuries?
The Wike suggests VIPSX for treasuries.
Where?
by TNOA
Mon Aug 05, 2019 9:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12035
Views: 2047851

Re: U.S. stocks in free fall

Certainly, the stock market could/can lose -60%. But since 2011 the stock market has built up a pretty good cushion. It could lose a lot without losing all its gains. Most of us rebalanced on the way up, and even went with a more conservative allocation over the years, as we approached retirement. ...
by TNOA
Sat Aug 03, 2019 8:25 pm
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 17550

Re: Why Mr. Bogle prefers U.S stocks

I'm concerned this forum is giving poor advice to newcomers. The Boglehead "middle-of-the-road" recommendation is 20%, far away from the true middle. The "portfolio advice" form has a field for "international % preference", and every portfolio advice newcomer I've seen this year has filled in 0%, 1...
by TNOA
Sun Jun 16, 2019 9:23 pm
Forum: Personal Investments
Topic: $1 million Where to Park?
Replies: 19
Views: 4380

Re: $1 million Where to Park?

Thank you so much. Would you mind putting the ticker symbols for those two for me please? I’m confused which is which looking at VG list. VG Treasury Money Market Fund ($50k minimum) - symbol VUSXX ** Ltd Term Tax Exempt Fund (Admiral shares - Also 50k minimum) - symbol VMLUX ** can't normally see ...
by TNOA
Sun Jun 16, 2019 9:10 pm
Forum: Personal Investments
Topic: Have to Have Treasuries?
Replies: 14
Views: 1722

Re: Have to Have Treasuries?

If you're a long term investor, you shouldn't care about the short term drop in net asset value of your bond funds, because they come right back up over a fairly short period of time. What you should care about is the defaults. Some people here say that Treasuries are better because they never defa...
by TNOA
Sun Jun 16, 2019 9:05 pm
Forum: Personal Investments
Topic: Have to Have Treasuries?
Replies: 14
Views: 1722

Re: Have to Have Treasuries?

I have a $3 million portfolio. In recent months I've bumped into this forum and you guys totally captivated my mind and heart with your common sense and simplicity to investing approach for the long term (15+ years). I do not have a tax-advantaged account. Accordingly, my 3-fund portfolio is VTI/VX...
by TNOA
Sun Jun 16, 2019 8:51 pm
Forum: Personal Investments
Topic: $1 million Where to Park?
Replies: 19
Views: 4380

Re: $1 million Where to Park?

If it were me, I would just buy T-Bills on the secondary market for your desired maturity date. They are extremely liquid, and transaction costs are minimal (I use Schwab and it is about one basis point of transaction costs, or 0.01% of the investment amount. So changing your mind later costs very ...
by TNOA
Sun Jun 16, 2019 9:34 am
Forum: Personal Investments
Topic: $1 million Where to Park?
Replies: 19
Views: 4380

Re: $1 million Where to Park?

Agree with many above: VUSXX. Checked the Treasury Direct option but currently 1 yr. bills yield less than the VUSXX rate. Wealthfront does offer 2.5%. They state FDIC insured up to $1M. A promo, who knows how long that will stick For some odd reason, only seeing this now. My apologies for not resp...
by TNOA
Sun Jun 16, 2019 9:25 am
Forum: Personal Investments
Topic: Have to Have Treasuries?
Replies: 14
Views: 1722

Re: Have to Have Treasuries?

Like you, my investments are in a taxable account. My equities are Total Stock and Total International. To reduce any unique risks that might arise in the municipal bond arena, I split my bond holdings 50/50 between Total Bond and Intermediate Tax Exempt. Total Bond not only gives me Treasuries but...
by TNOA
Sun Jun 16, 2019 8:03 am
Forum: Personal Investments
Topic: Have to Have Treasuries?
Replies: 14
Views: 1722

Re: Have to Have Treasuries?

Like you, my investments are in a taxable account. My equities are Total Stock and Total International. To reduce any unique risks that might arise in the municipal bond arena, I split my bond holdings 50/50 between Total Bond and Intermediate Tax Exempt. Total Bond not only gives me Treasuries but...
by TNOA
Sun Jun 16, 2019 8:01 am
Forum: Personal Investments
Topic: Have to Have Treasuries?
Replies: 14
Views: 1722

Re: Have to Have Treasuries?

Vanguard has an open end mutual fund (VWLUX) that is similar to VTEB, though perhaps a bit lower quality and longer duration. It's been around a long time so you can see what it did during the downturns and guess that VTEB would have performed similarly. Morningstar growth chart here . If you're in...
by TNOA
Sun Jun 16, 2019 6:19 am
Forum: Personal Investments
Topic: Have to Have Treasuries?
Replies: 14
Views: 1722

Have to Have Treasuries?

I have a $3 million portfolio. In recent months I've bumped into this forum and you guys totally captivated my mind and heart with your common sense and simplicity to investing approach for the long term (15+ years). I do not have a tax-advantaged account. Accordingly, my 3-fund portfolio is VTI/VXU...
by TNOA
Wed Jun 12, 2019 7:34 pm
Forum: Personal Investments
Topic: $1 million Where to Park?
Replies: 19
Views: 4380

Re: $1 million Where to Park?

I have $1 million (taxable account) that I have to park somewhere for 9 to 12 months. I want liquidity, and safety. I have the highest tax bracket Federal and State. I am very confused with all these Vanguard MM funds... VUSXX VMFXX VMRXX VMMXX etc. I would love some advice what is BOGLEHEADS sugge...
by TNOA
Wed Jun 12, 2019 7:06 pm
Forum: Personal Investments
Topic: $1 million Where to Park?
Replies: 19
Views: 4380

Re: $1 million Where to Park?

Thank you so much. Would you mind putting the ticker symbols for those two for me please? I’m confused which is which looking at VG list. VG Treasury Money Market Fund ($50k minimum) - symbol VUSXX ** Ltd Term Tax Exempt Fund (Admiral shares - Also 50k minimum) - symbol VMLUX ** can't normally see ...
by TNOA
Wed Jun 12, 2019 8:35 am
Forum: Personal Investments
Topic: $1 million Where to Park?
Replies: 19
Views: 4380

Re: $1 million Where to Park?

I have $1 million (taxable account) that I have to park somewhere for 9 to 12 months. I want liquidity, and safety. I have the highest tax bracket Federal and State. I am very confused with all these Vanguard MM funds... VUSXX VMFXX VMRXX VMMXX etc. I would love some advice what is BOGLEHEADS sugge...
by TNOA
Wed Jun 12, 2019 8:33 am
Forum: Personal Investments
Topic: $1 million Where to Park?
Replies: 19
Views: 4380

Re: $1 million Where to Park?

Vanguard's Treasury Money Market is safe and liquid and may avoid any state income taxes. If you can take a small risk you can put some or more in Vanguard's Ltd Term Tax Exempt Fund which would avoid Federal Income taxes. Since the Fed is coming off raising interest rates to neutral or lowering th...
by TNOA
Tue Jun 11, 2019 11:08 pm
Forum: Personal Investments
Topic: $1 million Where to Park?
Replies: 19
Views: 4380

$1 million Where to Park?

I have $1 million (taxable account) that I have to park somewhere for 9 to 12 months. I want liquidity, and safety. I have the highest tax bracket Federal and State. I am very confused with all these Vanguard MM funds... VUSXX VMFXX VMRXX VMMXX etc. I would love some advice what is BOGLEHEADS sugges...
by TNOA
Sat Jun 08, 2019 8:31 pm
Forum: US Chapters
Topic: Arizona Chapter
Replies: 103
Views: 14287

Re: Arizona Chapter

Hello, I am permanently relocating to AZ from OH. I came to this, trying finding if there was an AZ Chapter, and found you all. The move will be finalized sometime in September (Scottsdale, AZ). I would love to be part of the group, and meetings.
by TNOA
Sun Jun 02, 2019 9:15 pm
Forum: Personal Investments
Topic: AZ (State of Arizona) Municipal Bond Ideas?
Replies: 12
Views: 637

Re: AZ (State of Arizona) Municipal Bond Ideas?

I think you'd be happy with Vanguard's national muni fund. However, instead of using VTEB (the ETF), consider using the mutual fund (VWUIX). Mutual funds accumulate interest daily whereas the ETF is set up only for monthly distributions. Although your return should be similar, selling tax-exempt in...
by TNOA
Sun Jun 02, 2019 8:50 pm
Forum: Personal Investments
Topic: AZ (State of Arizona) Municipal Bond Ideas?
Replies: 12
Views: 637

Re: AZ (State of Arizona) Municipal Bond Ideas?

Arizona occupies 1.6% of the market share in US municipal bond market. It is too small a market to being able to support a double tax free municipal bond fund. Awesome, that was what I didn't know. That must be the reason why I cannot find anything. Then I will have to go with VTEB I guess. Thank y...
by TNOA
Sun Jun 02, 2019 8:47 pm
Forum: Personal Investments
Topic: AZ (State of Arizona) Municipal Bond Ideas?
Replies: 12
Views: 637

Re: AZ (State of Arizona) Municipal Bond Ideas?

Look around NAZ or MZA. Both are closed end AZ muni funds. Also you might look at FSAZX or ETAZX mutual funds. I do not know much about them except Google says they are az specific funds. Perhaps, NOAZX - NORTHERN FUNDS ARIZONA TAX-EXEMPT FUND I don't think any of these funds are worthwhile. The le...
by TNOA
Sun Jun 02, 2019 8:46 pm
Forum: Personal Investments
Topic: AZ (State of Arizona) Municipal Bond Ideas?
Replies: 12
Views: 637

Re: AZ (State of Arizona) Municipal Bond Ideas?

Look around NAZ or MZA. Both are closed end AZ muni funds. Also you might look at FSAZX or ETAZX mutual funds. I do not know much about them except Google says they are az specific funds. Thank you for these. I've looked at them up (Morningstar, and ETF.com, I have a feeling their ER and SEC yields...
by TNOA
Sun Jun 02, 2019 11:25 am
Forum: Personal Investments
Topic: AZ (State of Arizona) Municipal Bond Ideas?
Replies: 12
Views: 637

Re: AZ (State of Arizona) Municipal Bond Ideas?

Arizona occupies 1.6% of the market share in US municipal bond market. It is too small a market to being able to support a double tax free municipal bond fund. Awesome, that was not what I didn't know. That must be the reason why I cannot find anything. Then I will have to go with VTEB I guess. Tha...
by TNOA
Sun Jun 02, 2019 5:31 am
Forum: Personal Investments
Topic: AZ (State of Arizona) Municipal Bond Ideas?
Replies: 12
Views: 637

AZ (State of Arizona) Municipal Bond Ideas?

Good day dear forum members, When I used to live in Ohio, I used to own VOHIX for my municipal bond federal and state tax exempt allocation. Now that I have (very recently) permanently moved to Arizona, I am looking to replace my VOHIX with an equivalent muni bond fund (double exempt again). I am ha...
by TNOA
Sat Jun 01, 2019 8:35 am
Forum: Personal Investments
Topic: I Need Advice Fixed-Income Portion ($ 3 million total Taxable Account)
Replies: 5
Views: 880

I Need Advice Fixed-Income Portion ($ 3 million total Taxable Account)

Hello dear wise people on this forum, I need advice on the fixed income portion of my life savings which I want to invest in my taxable account, via a three-fund portfolio concept (VTI/VXUS/FIXED INCOME). I allocated one third of this to fixed income (I am mid-50s and retired). Initially I was going...
by TNOA
Sun May 26, 2019 1:31 pm
Forum: Personal Investments
Topic: Qst. re Asset Allocation - (relatively) Large Sum
Replies: 7
Views: 443

Re: Question re AA

Dear dbr, thank you for the link - ever since I've been playing with numbers. Very educational. Looked at various scenarios, 10 thru 30 years, at various equity levels. My question is, I wasn't sure if the model takes into account dividends reinvested (hence, total return). Another question I had th...
by TNOA
Sun May 26, 2019 11:04 am
Forum: Personal Investments
Topic: Qst. re Asset Allocation - (relatively) Large Sum
Replies: 7
Views: 443

Re: Question re AA

Thank you guys ... great insights. I actually, after my initial post (my first ever by the way, I am new) wanted to make an edit, to tell this but I wasn't able. To answer those questions: I have rental properties income, and loans outstanding that provide interest income. Which is under normal circ...
by TNOA
Sun May 26, 2019 8:30 am
Forum: Personal Investments
Topic: Qst. re Asset Allocation - (relatively) Large Sum
Replies: 7
Views: 443

Qst. re Asset Allocation - (relatively) Large Sum

I am 56 years old, retired. I do have a few million dollars I haven’t invested for 6 years now due to paralysis. I have upped my courage and understanding of markets as in have been educating myself for the last two years, now I feel ready and I want to do it thru 3-fund method. Also, LSI appears th...