Search found 1863 matches

by anon_investor
Sun May 31, 2020 1:15 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 526
Views: 54971

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

I'm still trying to sort out if I want to bother with EE bonds. Historically no, but when long term rates are practically zero they start to look more attractive. EE Bonds can be very attractive in building an annuity if you can hold them for 20 years. Here's a column I did for Forbes some time ago...
by anon_investor
Sun May 31, 2020 12:31 pm
Forum: Personal Investments
Topic: Vanguard Transaction Question
Replies: 3
Views: 165

Re: Vanguard Transaction Question

livesoft wrote:
Sun May 31, 2020 12:29 pm
I would do the same. This is a pretty routine and typical set of transactions I think. No particular pitfalls to discuss.
+1.
by anon_investor
Sun May 31, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 526
Views: 54971

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

I'm still trying to sort out if I want to bother with EE bonds. Historically no, but when long term rates are practically zero they start to look more attractive. EE Bonds can be very attractive in building an annuity if you can hold them for 20 years. Here's a column I did for Forbes some time ago...
by anon_investor
Sun May 31, 2020 11:55 am
Forum: Personal Investments
Topic: Which one accumulates more shares in the long run?
Replies: 2
Views: 221

Re: Which one accumulates more shares in the long run?

Which one will accumulate more shares over the long-term? SPY - you can only reinvest Dividends VFIAX - you can reinvest Dividends and Capital gains The compounding effect will result in higher share count over the long-run. But which one will give more? ETF or Mutual Fund? Or will you end up with ...
by anon_investor
Sun May 31, 2020 10:25 am
Forum: Personal Investments
Topic: Where to save extra income?
Replies: 15
Views: 1285

Re: Where to save extra income?

Does your 401k let you contribute after tax money? That's in addition to the 19,500 annual limit. If so, you might want to do that instead of a taxable account. I'm not sure. Would it be a bad idea to have pre-tax and after-tax dollars in the same account? It seems like that's kind of a pain to kee...
by anon_investor
Sun May 31, 2020 9:40 am
Forum: Investing - Theory, News & General
Topic: iShares 0-3 Month Treasury ETF
Replies: 16
Views: 1093

Re: iShares 0-3 Month Treasury ETF

I can't see any reason to hold T-bills right now due to the yield. However, holding T-bills directly has a 0% ER, and if you sell, it settles the same day. If you hold longer term Treasuries and need the money in the next several years you will take a big hit when interest rates rise. Longer term T...
by anon_investor
Sat May 30, 2020 7:14 pm
Forum: Personal Consumer Issues
Topic: Face mask recommendations
Replies: 99
Views: 5720

Re: Face mask recommendations

Sandtrap wrote:
Sat May 30, 2020 7:04 pm
anon_investor wrote:
Sat May 30, 2020 4:11 pm
killjoy2012 wrote:
Sat May 30, 2020 3:51 pm
Image
But where is that available to buy? Not in stock anywhere...
Ebay

j🌺
Yea... not trusting an ebay seller to get a legitimate one...
by anon_investor
Sat May 30, 2020 6:42 pm
Forum: Personal Consumer Issues
Topic: Suggestions for a comfortable desk chair on a budget
Replies: 21
Views: 1072

Re: Suggestions for a comfortable desk chair on a budget

Do not buy a chair online without trying it out or be prepared to return it if it doesn't work for you. I bought a highly rated one from a big box store online (2k+ 5 star reviews) and it simply didn't work for me. I sat in it and my back was in immediate pain. I brought it back to the store the ne...
by anon_investor
Sat May 30, 2020 6:34 pm
Forum: Personal Investments
Topic: How to invest lots of maturing CDs in this investment climate
Replies: 51
Views: 19638

Re: How to invest lots of maturing CDs in this investment climate

Vanguard Ultra-Short Term Bond SEC = 1.63%? Look at the holdings. A lot of ABS including your favorite rental car company Hertz! Love those ABS. Whenever I drive past the Hertz lot, I see the collateral for my Vanguard fund. :D Hope that the collateral is good. LOL. Ummmm just think about the 17 Bi...
by anon_investor
Sat May 30, 2020 6:31 pm
Forum: Personal Consumer Issues
Topic: Face mask recommendations
Replies: 99
Views: 5720

Re: Face mask recommendations

Medically, N95 is about 50x better than a homemade mask. Since legitimate N95 are almost impossible to obtain, a surgical mask would be your next best bet. An N95 that is not fit tested is not much better than a surgical mask and has the potential to be worse. Can you point me to any peer reviewed ...
by anon_investor
Sat May 30, 2020 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1578
Views: 144446

Re: Refinance Mega Thread

For those that have completed a refinance with Better: Got Better down to a rate I wanted after sending LE from Northpointe. I went through with the hard pull but when I went to lock in the rate the points went way up. Loan Estimate still has lower points but lock page is higher. Did anyone else ex...
by anon_investor
Sat May 30, 2020 5:48 pm
Forum: Personal Consumer Issues
Topic: Face mask recommendations
Replies: 99
Views: 5720

Re: Face mask recommendations

NotWhoYouThink wrote:
Sat May 30, 2020 5:45 pm
Is there a Target near you? I saw packs of 10 masks for 19.99 just inside the door at the Target nearest to me.
Which kind?
by anon_investor
Sat May 30, 2020 4:11 pm
Forum: Personal Consumer Issues
Topic: Face mask recommendations
Replies: 99
Views: 5720

Re: Face mask recommendations

killjoy2012 wrote:
Sat May 30, 2020 3:51 pm
Image
But where is that available to buy? Not in stock anywhere...
by anon_investor
Sat May 30, 2020 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Excellent Treasury Direct Experience(s)
Replies: 11
Views: 943

Re: Excellent Treasury Direct Experience(s)

... I'm a little annoyed that TreasuryDirect has locked me or a family member out of our accounts on at least three separate occasions for legitimate user behavior that they apparently found suspicious. In one case it required a Medallion Signature Guarantee and a mailed form to resolve. The error ...
by anon_investor
Sat May 30, 2020 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Excellent Treasury Direct Experience(s)
Replies: 11
Views: 943

Re: Excellent Treasury Direct Experience(s)

I honestly have no idea why the site is the subject of so many complaints. My thoughts exactly! Treasury Direct works well enough for me. I will gladly put up with it for the benefit of I Bonds. Let's just say that TreasuryDirect makes the much-maligned Vanguard website look positively cutting-edge...
by anon_investor
Sat May 30, 2020 2:27 pm
Forum: Investing - Theory, News & General
Topic: iShares 0-3 Month Treasury ETF
Replies: 16
Views: 1093

Re: iShares 0-3 Month Treasury ETF

Last week BlackRock launched a new ETF holding Treasury securities with maturities ranging from zero to three months. The ticker is SGOV. Here is the iShares product page and a Bloomberg article: https://www.ishares.com/us/products/314116/ishares-0-3-month-treasury-bond-etf-fund https://www.bloombe...
by anon_investor
Sat May 30, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Excellent Treasury Direct Experience(s)
Replies: 11
Views: 943

Re: Excellent Treasury Direct Experience(s)

Broken Man 1999 wrote:
Sat May 30, 2020 1:59 pm
I honestly have no idea why the site is the subject of so many complaints.
My thoughts exactly! Treasury Direct works well enough for me. I will gladly put up with it for the benefit of I Bonds.
by anon_investor
Sat May 30, 2020 12:32 pm
Forum: Personal Investments
Topic: FDPXX
Replies: 1
Views: 164

Re: FDPXX

Easy the Fidelity shows the 4/30 numbers the Merrill shows the 5/29 numbers.
by anon_investor
Sat May 30, 2020 10:34 am
Forum: Investing - Theory, News & General
Topic: Ally lowers APR on savings from 1.5% to 1.25%
Replies: 79
Views: 9074

Re: Ally lowers APR on savings from 1.5% to 1.25%

Capital one has gone from 1.7% -> 1.5% -> now 1.3%. All of these changes are not much different than the 1.4% yield to maturity of the total bond funds. My money in CDs are all for my emergency fund or anticipated large bills (e.g. income tax payment, etc.), so I want the principal safe. Otherwise ...
by anon_investor
Sat May 30, 2020 8:48 am
Forum: Investing - Theory, News & General
Topic: Is Buying Fractional Shares a Great Thing??
Replies: 18
Views: 1648

Re: Is Buying Fractional Shares a Great Thing??

It helps if you want to buy ETFs over mutual funds and don't want to have excess cash in your account. I wish my broker allowed fractional shares. I'd go ahead and drop my vanguard mutual funds for ETFs. +1 The expense ratio on VTI is .03% versus .04% on VTSAX so I use VTI. Buying fractional shares...
by anon_investor
Sat May 30, 2020 8:41 am
Forum: Investing - Theory, News & General
Topic: Ally lowers APR on savings from 1.5% to 1.25%
Replies: 79
Views: 9074

Re: Ally lowers APR on savings from 1.5% to 1.25%

Capital one has gone from 1.7% -> 1.5% -> now 1.3%. All of these changes are not much different than the 1.4% yield to maturity of the total bond funds. My money in CDs are all for my emergency fund or anticipated large bills (e.g. income tax payment, etc.), so I want the principal safe. Otherwise ...
by anon_investor
Sat May 30, 2020 8:35 am
Forum: Investing - Theory, News & General
Topic: Ally lowers APR on savings from 1.5% to 1.25%
Replies: 79
Views: 9074

Re: Ally lowers APR on savings from 1.5% to 1.25%

The NPCD has dropped to 1.2% now. I have a 11 mo NPCD maturing in 2 weeks and guess I've got to put in at this lousy lower rate. Bummer, I have a NPCD expiring in July (2.05%)... I guess that makes me feel better that I renewed one this month at 1.35% (1.30% +0.05% renewal bonus). It just feels bad...
by anon_investor
Sat May 30, 2020 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1032
Views: 106040

Re: Why are you NOT buying rental properties?

willthrill81 wrote:
Thu Jun 13, 2019 10:04 am
Rental properties are a part-time job that could become a full-time job. No thanks.
+1. My parents have a rental property, dealing with tenants does NOT seem fun. I already have 1 fulltime job already!
by anon_investor
Sat May 30, 2020 7:52 am
Forum: Investing - Theory, News & General
Topic: Is Buying Fractional Shares a Great Thing??
Replies: 18
Views: 1648

Re: Is Buying Fractional Shares a Great Thing??

It helps if you want to buy ETFs over mutual funds and don't want to have excess cash in your account. I wish my broker allowed fractional shares. I'd go ahead and drop my vanguard mutual funds for ETFs. +1 The expense ratio on VTI is .03% versus .04% on VTSAX so I use VTI. Buying fractional shares...
by anon_investor
Sat May 30, 2020 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Fraud charges on Netflix using Bofa Card
Replies: 9
Views: 970

Re: Fraud charges on Netflix using Bofa Card

Hi All, Thanks all for posting replies. The issues is happily resolved. There was a technicality in raising the claim. It should have been raised as billing dispute and NOT fraud. Since I still have active Netflix account, Bofa fraud team rejected the claim three times citing that I am authorised u...
by anon_investor
Fri May 29, 2020 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1578
Views: 144446

Re: Refinance Mega Thread

Just locked with Better.com on a 2.625% refi with lender credit essentially covering all but $100 or so of the estimated costs (ignoring prepaids). $260K mortgage, less than 70% LTV. Even without the $2500 Amex credit that I may or may not get (I was not targeted for the offer), they managed to bea...
by anon_investor
Fri May 29, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: Ally lowers APR on savings from 1.5% to 1.25%
Replies: 79
Views: 9074

Re: Ally lowers APR on savings from 1.5% to 1.25%

The NPCD has dropped to 1.2% now. I have a 11 mo NPCD maturing in 2 weeks and guess I've got to put in at this lousy lower rate. Bummer, I have a NPCD expiring in July (2.05%)... I guess that makes me feel better that I renewed one this month at 1.35% (1.30% +0.05% renewal bonus). It just feels bad...
by anon_investor
Fri May 29, 2020 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Need help obtaining IRS tax transcripts
Replies: 12
Views: 552

Re: Need help obtaining IRS tax transcripts

Bank wont issue the loan, apparently transcripts are in the federal guidelines if someone works for family Help your dad setup an IRS.gov account (if frozen may need Experian credit unfrozen). You can instantly download tax transcript from IRS.gov account free. He's tried many times. The IRS requir...
by anon_investor
Fri May 29, 2020 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Need help obtaining IRS tax transcripts
Replies: 12
Views: 552

Re: Need help obtaining IRS tax transcripts

XM16E1 wrote:
Fri May 29, 2020 5:20 pm
Bank wont issue the loan, apparently transcripts are in the federal guidelines if someone works for family
Help your dad setup an IRS.gov account (if frozen may need Experian credit unfrozen). You can instantly download tax transcript from IRS.gov account free.
by anon_investor
Fri May 29, 2020 2:41 pm
Forum: Personal Investments
Topic: re: Should I refinance?
Replies: 4
Views: 371

Re: re: Should I refinance?

I had a general question about refinancing. Currently, I have a 509,400 loan for a $625,000 property that I refinanced at 3.25% for a 30 year conventional which started in end of March 2020 and will mature in M<arch 2050. I don't plan on staying in this home longer than 15 years at most, especially...
by anon_investor
Fri May 29, 2020 2:35 pm
Forum: Personal Investments
Topic: Vanguard Prime Money Market
Replies: 14
Views: 1259

Re: Vanguard Prime Money Market

I would put it in an online "high-yield" savings account or a CD with a bank like Ally, Marcus, Barclays, Capital One. The rates on those savings accounts are about 1.3% now and you can get a 12-month CD at about the same rate (Ally and Marcus offer no-penalty CDs that allow you to withdraw your fu...
by anon_investor
Fri May 29, 2020 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1578
Views: 144446

Re: Refinance Mega Thread

My current mortgage is with Chase and I thought I'd also let them compete to keep my business but I'm not sure where exactly go in the Chase borg to get a refi estimate. A number of folks have been pleasantly surprised by a random mailing from Chase for a rate modification at no fee about 1-2 weeks...
by anon_investor
Fri May 29, 2020 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1578
Views: 144446

Re: Refinance Mega Thread

My current mortgage is with Chase and I thought I'd also let them compete to keep my business but I'm not sure where exactly go in the Chase borg to get a refi estimate. A number of folks have been pleasantly surprised by a random mailing from Chase for a rate modification at no fee about 1-2 weeks...
by anon_investor
Fri May 29, 2020 10:38 am
Forum: Personal Investments
Topic: Buying Voo - Robinhood or Vanguard?
Replies: 41
Views: 1554

Re: Buying Voo - Robinhood or Vanguard?

mindgap wrote:
Fri May 29, 2020 10:36 am
Just saw that I can buy VFIAX at Fidelity. Minimum is $2500. $500 less than Vanguard.
But they will charge you a $75 comission each time you buy VFIAX. At Vanguard the minimum is $3k, but there is never any commission to sell or buy.
by anon_investor
Fri May 29, 2020 10:36 am
Forum: Personal Investments
Topic: Does is makes sense for me to refinance and do it this way?
Replies: 6
Views: 373

Re: Does is makes sense for me to refinance and do it this way?

What are the loan costs? Excluding any prepaids/escrow, what are the costs and what credits are you getting? At 3% you should be paying around $0 for the loan.
by anon_investor
Fri May 29, 2020 7:11 am
Forum: Personal Investments
Topic: Buying Voo - Robinhood or Vanguard?
Replies: 41
Views: 1554

Re: Buying Voo - Robinhood or Vanguard?

OP, if you plan just to dollar cost average and buy and hold, then i recommend just going to Vanguard and buying VFIAX. You can avoid bid ask spreads of ETFs and even schedule automatic investing. You can always convert VFIAX to VOO later (but not the other way around).
by anon_investor
Thu May 28, 2020 10:15 pm
Forum: Personal Investments
Topic: Settlement fund Expense ratio
Replies: 4
Views: 457

Re: Settlement fund Expense ratio

New to investing. Correct me if wrong. Currently have brokerage accts wih both VG and Fidelity. VG - settlement fund is VMFXX - vanguard federal money market fund Fidelity - FZFXX - Fidelity® Treasury Money Market Fund At VG all these years the yield was around 1.5% and Expense Ratio was 0.11% , to...
by anon_investor
Thu May 28, 2020 10:07 pm
Forum: Personal Investments
Topic: Favorite initial investor Vanguard mutual index fund; VTSAX
Replies: 34
Views: 2226

Re: Favorite initial investor Vanguard mutual index fund; VTSAX

Cheez-It Guy wrote:
Thu May 28, 2020 9:30 pm
It's my favorite and largest holding as well.
+1
by anon_investor
Thu May 28, 2020 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refinance Fees
Replies: 14
Views: 756

Re: Mortgage Refinance Fees

xerxes101 wrote:
Thu May 28, 2020 6:01 pm
StarsandStripes wrote:
Thu May 28, 2020 5:31 pm
The new rate would be 3.5% with origination fees of just under $5000.
Does not seem like a good deal based on what I am reading on the Refinance Mega Thread.
+1. This seems like a bad deal.
by anon_investor
Thu May 28, 2020 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage rates headed lower?
Replies: 69
Views: 7142

Re: Mortgage rates headed lower?

We just refinanced to a 15 year loan at a 2.75% and plan to pay the mortgage off in the next 4 years exactly to the date (or sooner if possible). The refinance paperwork was such a pain that even if it goes down to 1% I would not do it again. Another incentive to pay it off. Why did you find the pa...
by anon_investor
Thu May 28, 2020 7:26 am
Forum: Personal Investments
Topic: Using VGT in portfolio
Replies: 19
Views: 988

Re: Using VGT in portfolio

Thanks everyone for your invaluable inputs! I appreciate the comments, and the view points. I wanted to add that the primary reason for my large MSFT holding is that for a long time I didn't know what to do with them. Some of them are over 10 years old! So selling the old stocks would incur heavy c...
by anon_investor
Wed May 27, 2020 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Choices for short term savings $300k +
Replies: 9
Views: 909

Re: Choices for short term savings $300k +

Look into no penalty CDs to lock in today's rates as rates keep dropping. Ally Bank and Marcus have no penalty CDs, so you can split ownership up between you and spouse to ensure full FDIC coverage.
by anon_investor
Wed May 27, 2020 6:57 pm
Forum: Personal Investments
Topic: Using VGT in portfolio
Replies: 19
Views: 988

Re: Using VGT in portfolio

snailderby wrote:
Wed May 27, 2020 6:54 pm
Welcome to the forum!

Why do you think tech companies will (mostly) outperform VTSAX over the next decade? Do you think the collective wisdom of the market has undervalued tech companies?
OP does work at Microsoft, maybe the OP does know something we don't... :twisted:
by anon_investor
Wed May 27, 2020 6:55 pm
Forum: Personal Investments
Topic: ... and now what? taxable account or Roth?
Replies: 9
Views: 449

Re: ... and now what? taxable account or Roth?

I would max out Roth IRAs first with 100% equities.
by anon_investor
Wed May 27, 2020 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage rates headed lower?
Replies: 69
Views: 7142

Re: Mortgage rates headed lower?

We just refinanced to a 15 year loan at a 2.75% and plan to pay the mortgage off in the next 4 years exactly to the date (or sooner if possible). The refinance paperwork was such a pain that even if it goes down to 1% I would not do it again. Another incentive to pay it off. Why did you find the pa...
by anon_investor
Wed May 27, 2020 6:44 pm
Forum: Personal Investments
Topic: Using VGT in portfolio
Replies: 19
Views: 988

Re: Using VGT in portfolio

Be aware that MSFT makes up a huge chunk of VGT (18% to 19%). So be aware that buying VGT for you is adding to your exposure to MSFT.
by anon_investor
Wed May 27, 2020 6:23 pm
Forum: Personal Investments
Topic: Sold Stocks to Reduce Portfolio Risk
Replies: 23
Views: 1862

Re: Sold Stocks to Reduce Portfolio Risk

what is your AA now ?? The total is about 55% stocks/45% bonds and cash including 401(k), Roth IRA, HSA, taxable investments and emergency funds. Was that a shift from 100/0 to 55/45? I did not go from 100% stocks to 55/45. I was at about 75/25, before the change. I was nearly 100% stocks until mid...
by anon_investor
Wed May 27, 2020 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance to a 20 Year Mortgage 2.875%
Replies: 16
Views: 1157

Re: Should I Refinance to a 20 Year Mortgage 2.875%

You should be able to get a lender credit that covers the closing cost, in exchange for a slightly higher rate, but still lower than your current mortgage. That way you don't have a break-even period relative to your current loan. This is a good way to refinance esp. when rates are falling - maybe ...
by anon_investor
Wed May 27, 2020 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage rates headed lower?
Replies: 69
Views: 7142

Re: Mortgage rates headed lower?

We just refinanced to a 15 year loan at a 2.75% and plan to pay the mortgage off in the next 4 years exactly to the date (or sooner if possible). The refinance paperwork was such a pain that even if it goes down to 1% I would not do it again. Another incentive to pay it off. Why did you find the pa...
by anon_investor
Wed May 27, 2020 5:54 pm
Forum: Personal Investments
Topic: Sold Stocks to Reduce Portfolio Risk
Replies: 23
Views: 1862

Re: Sold Stocks to Reduce Portfolio Risk

smartinvestor2020 wrote:
Wed May 27, 2020 5:07 pm
vipertom1970 wrote:
Wed May 27, 2020 4:38 pm
what is your AA now ??
The total is about 55% stocks/45% bonds and cash including 401(k), Roth IRA, HSA, taxable investments and emergency funds.
Was that a shift from 100/0 to 55/45?