Search found 72 matches

by Blue456
Sat Nov 16, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: What happened to FXNAX during 2008?
Replies: 24
Views: 874

Re: What happened to FXNAX during 2008?

pkcrafter wrote:
Sat Nov 16, 2019 10:10 am
Blue456 wrote:
Sat Nov 16, 2019 8:28 am
Does anybody have data/info what happened to US Bond Index Fund in 2008?
Don't have data of Fidelity TB index performance, but Vanguard's fund, VBMFX, was up 5% in 2008.

Paul
Wait...wait... so I can actually make money off of bond index funds during market crash?
by Blue456
Sat Nov 16, 2019 8:28 am
Forum: Investing - Theory, News & General
Topic: What happened to FXNAX during 2008?
Replies: 24
Views: 874

What happened to FXNAX during 2008?

Does anybody have data/info what happened to US Bond Index Fund in 2008?
by Blue456
Fri Nov 15, 2019 8:02 am
Forum: Personal Investments
Topic: Vanguard funds at Merrill Edge is there a catch?
Replies: 16
Views: 678

Re: Vanguard funds at Merrill Edge is there a catch?

What is the cost to buy these funds? Looks like $19.95 per purchase. That adds up if you are purchasing regularly. Maybe not a big deal if you are going to buy once and hold for a long time without making additional investments. Use ETF share classes of those funds (VOO and BND) instead which have ...
by Blue456
Fri Nov 15, 2019 7:45 am
Forum: Personal Investments
Topic: Vanguard funds at Merrill Edge is there a catch?
Replies: 16
Views: 678

Vanguard funds at Merrill Edge is there a catch?

So Merrill Edge has VFIAX and VBTLX. Which means you can have a pretty low expense ratio 2 fund portfolio. Is there a catch?
by Blue456
Sun Nov 03, 2019 8:19 am
Forum: Personal Investments
Topic: Does Merrill Edge offer target date index funds?
Replies: 6
Views: 506

Does Merrill Edge offer target date index funds?

Does ME have index target retirement funds like these https://www.fidelity.com/fund-screener/ ... nv=LS25000 at Fidelity?
by Blue456
Mon Oct 21, 2019 8:18 pm
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12095

Re: High income earner waiting for a bear market to start investing

If you have no mortgage and no debt whatsoever what are you spending $15k on? Your rent must be very high. I wouldn’t be so confident that you know the “value” of the market. Put your money to work. The money you save today will be there in 40 years. You could just put your money in a low risk inve...
by Blue456
Sun Oct 20, 2019 8:33 am
Forum: Personal Investments
Topic: Is a 6 month T-Bill a bond for AA purposes?
Replies: 19
Views: 1475

Re: Is a 6 month T-Bill a bond for AA purposes?

Personally I’d consider a t-bill equivalent to cash. If you don’t track cash as an asset class then yes, bonds work. I’d say the same thing. The overriding asset allocation principle in my mind is that the fixed income duration should match the investment horizon. Spending the money in six months? ...
by Blue456
Fri Oct 18, 2019 9:05 am
Forum: Personal Investments
Topic: Fidelity Target or John Bogle advice?
Replies: 14
Views: 1719

Re: Fidelity Target or John Bogle advice?

Thanks guys. I decided to go with roughly 37% bonds, target fund 2030. It will give me peace of mind that I won’t loose too much before I try to retire early 15-20 years from now. I feel really late in the game, being 40 year old and have nothing to show for in savings.
by Blue456
Thu Oct 17, 2019 7:08 pm
Forum: Personal Investments
Topic: Fidelity Target or John Bogle advice?
Replies: 14
Views: 1719

Fidelity Target or John Bogle advice?

So my understanding was that John Bogle recommended investing your age in bonds and reminder in index. Fidelity Target Funds however don't seem to be following this ratio. I am 40 years old and I want to retire in 2035. Mr. Bogle would recommend I have 40% in bonds and 60% in index. But check out Fi...
by Blue456
Tue Oct 15, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Sign on bonus and taxes
Replies: 14
Views: 1506

Re: Sign on bonus and taxes

I had a similar situation this year. Earned a sign-on bonus in September 2018, left the company and paid back the bonus in March 2019. In my case, the former employer only requested back the after-tax portion I was actually paid. We'll see what my W2 says at the end of the year, but I was pleased t...
by Blue456
Tue Oct 15, 2019 11:12 am
Forum: Personal Investments
Topic: Investing into CDs vs Bonds
Replies: 13
Views: 1846

Investing into CDs vs Bonds

What do you guys think about investing in CDs and stocks vs bonds and stocks. Do bonds outperform CDs?
by Blue456
Tue Oct 15, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Sign on bonus and taxes
Replies: 14
Views: 1506

Re: Sign on bonus and taxes

RickBoglehead wrote:
Mon Oct 14, 2019 8:30 pm
Perhaps go into the job not planning for it not to last?
That is my plan A.
by Blue456
Mon Oct 14, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Sign on bonus and taxes
Replies: 14
Views: 1506

Re: Sign on bonus and taxes

DoubleBogey1 wrote:
Mon Oct 14, 2019 7:51 pm
Some jobs allow for sign-on/recruitment bonuses to be paid as a loan over so many months/years. If you leave before the term of the loan, you pay the amount received + interest.
I won’t spend my sign on bonus and I have enough loans. I also follow Dave Ramsey.
by Blue456
Mon Oct 14, 2019 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Sign on bonus and taxes
Replies: 14
Views: 1506

Re: Sign on bonus and taxes

Earn bonus in 2019. Pay taxes April 2020. If you quit your job in 2020 and owe the bonus back, the IRS owes you zero for 2019, and nothing for 2020 until you file in 2021. If you quit in 2019, you will get funds back in 2020 after you file, if a refund is due. If you owe your company more than you ...
by Blue456
Mon Oct 14, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Sign on bonus and taxes
Replies: 14
Views: 1506

Re: Sign on bonus and taxes

Bonuses are usually with held at the supplemental rate (25%). So when your new company pays the bonus you'll get 75000 less any state withholding, and social security (if applicable, you may be over the limit) and medicare. So for worst case, assume a 5% state tax rate and full SS/Medicare (7.65%) ...
by Blue456
Mon Oct 14, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Sign on bonus and taxes
Replies: 14
Views: 1506

Sign on bonus and taxes

Im getting 100,000 sign on bonus and I am a little confused about taxes. I understand the sign on bonus will be treated like income. This will essentially put me in ~40% tax bracket (lets just make the math easy here). I will pay in April 2020, $40,000 out of my sign on bonus and I will be left with...
by Blue456
Wed Oct 09, 2019 9:04 am
Forum: Personal Finance (Not Investing)
Topic: What are your personal experiences with downside of early retirement?
Replies: 95
Views: 17667

Re: What are your personal experiences with downside of early retirement?

So for me, the downside is when talented, older engineers walk out the door with irreplaceable experience. That has nothing to do with early retirement. Instead, it's solely due to management making the mistake of having replacements ready to go. Nobody is truly "irreplaceable". I disagree. In medi...
by Blue456
Fri Sep 27, 2019 4:42 am
Forum: Personal Finance (Not Investing)
Topic: Protection From Catastrophic Medical Costs When Fully Insured
Replies: 109
Views: 4968

Re: Protection From Catastrophic Medical Costs When Fully Insured

My in-network provider requires providers practicing within its facilities to accept all patients that are in-network to the hospital as in-network to the provider. Anesthesia, radiology, ED physicians are all contracted as a group to provide services. We were writing at the same time, good to see ...
by Blue456
Fri Sep 20, 2019 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: What are some good life insurance policies?
Replies: 15
Views: 986

Re: What are some good life insurance policies?

I know this is bogleheads forum and that I maybe frowned upon here. But given how much knowledge people have in here what would be your recommendation for life insurance policy if you had to get one. Some background. I work in profession where laws suits are common. I would like to be able to shelt...
by Blue456
Fri Sep 20, 2019 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: What are some good life insurance policies?
Replies: 15
Views: 986

Re: What are some good life insurance policies?

I know this is bogleheads forum and that I maybe frowned upon here. But given how much knowledge people have in here what would be your recommendation for life insurance policy if you had to get one. Some background. I work in profession where laws suits are common. I would like to be able to shelt...
by Blue456
Fri Sep 20, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: What are some good life insurance policies?
Replies: 15
Views: 986

Re: What are some good life insurance policies?

I think the advice to buy insurance for insurance and investments for investment applies here too. You've already done that when it comes to insuring against the premature loss of your life by buying term life insurance. Now, perhaps you need to buy insurance to cover you for liability. Do you have...
by Blue456
Fri Sep 20, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: What are some good life insurance policies?
Replies: 15
Views: 986

What are some good life insurance policies?

I know this is bogleheads forum and that I maybe frowned upon here. But given how much knowledge people have in here what would be your recommendation for life insurance policy if you had to get one. Some background. I work in profession where laws suits are common. I would like to be able to shelte...
by Blue456
Wed Sep 18, 2019 1:56 am
Forum: Personal Investments
Topic: Annuity question
Replies: 19
Views: 1868

Re: Annuity question

I got pitched but an agent a fund that offered to take a $400k initial investment and grow it to $800K in 10 years. Then offered a 48K/year for life guarantee. I said NO out of hand, but now I'm wondering if I should have at least looked at it. I tried looked up annuities online and they don't give...
by Blue456
Mon Sep 02, 2019 3:31 pm
Forum: Personal Investments
Topic: Fidelity for 403b to IRA roll over
Replies: 9
Views: 463

Re: Fidelity for 403b to IRA roll over

3. Anything to watch out for at Fidelity office (fees, sales, etc) If you meet them face to face, expect them to try to sell you something - most likely portfolio management of some kind. Or maybe an annuity. This is how the people in those offices make a living. Most people report that the Fidelit...
by Blue456
Mon Sep 02, 2019 9:03 am
Forum: Personal Investments
Topic: Fidelity for 403b to IRA roll over
Replies: 9
Views: 463

Fidelity for 403b to IRA roll over

So my wife and I, we both have 403b that we need to roll over to IRA. We have Fidelity office near by so we will walk in to help them set it up for us. I have a few questions: 1. Is it possible to have a joint Fidelity account for retirement funds? 2. What are the names of SP500 and total bond funds...
by Blue456
Mon Aug 19, 2019 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Chronic Conditions and Wellness Exams
Replies: 24
Views: 1804

Re: Question on Chronic Conditions and Wellness Exams

I definitely wouldn't necessary jump up and down saying you need to find a new doctor. If I had less than 5 minutes with the doctor, and it was coded as more complex than a wellness visit, I certainly would be looking for a new doc. FYI underbilling medical visits is considered a fraud. Wellness vi...
by Blue456
Fri Aug 16, 2019 5:53 pm
Forum: Personal Investments
Topic: Fidelity vs Alliant for CDs?
Replies: 9
Views: 896

Re: Fidelity vs Alliant for CDs?

How long do you want the money in the CD? Alliant no longer has the best rates, depositaccounts.com is worth a look, for finding rates. I’m looking for 2 years. But I must be able to withdraw money within 1-2 weeks if needed to. The likelihood of this happening is low. But it makes brokered account...
by Blue456
Fri Aug 16, 2019 12:24 pm
Forum: Personal Investments
Topic: Fidelity vs Alliant for CDs?
Replies: 9
Views: 896

Re: Fidelity vs Alliant for CDs?

As I understand it (and if I'm wrong I hope someone will correct me), CDs you buy at a bank are issued directly by the bank, and are not sellable on the open market. CDs purchased through Fidelity or Vanguard or another brokerage are "brokered" CDs, which are traded on the open market, and they hav...
by Blue456
Fri Aug 16, 2019 11:29 am
Forum: Personal Investments
Topic: Fidelity vs Alliant for CDs?
Replies: 9
Views: 896

Fidelity vs Alliant for CDs?

I need to invest $10-50,000 into CDs.

1) What’s the difference between using a bank such as Alliant vs Fidelity?

2) Is it any harder to liquify a CD in Fidelity vs regular bank?

I wanted to consolidate my investments and I would prefer to use Fidelity.
by Blue456
Tue Jul 30, 2019 7:18 am
Forum: Personal Investments
Topic: Ufb direct 2.45%
Replies: 2
Views: 307

Ufb direct 2.45%

Hey I just wanted to get your guys info on UFB direct. It's 2.45% high yield savings, one of the highest out there. Anybody used it?
by Blue456
Sun Jul 28, 2019 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Forgiveness advice
Replies: 46
Views: 4195

Re: Student Loan Forgiveness advice

My new employment will qualify me for The Public Service Loan Forgiveness program (PSLF). As best as I’ve understood what I read, PSLF will forgive all debt after 10 years of full time employment. My loans are consolidated with Granite State https://gsmr.org does anyone know if this is a qualified ...
by Blue456
Sun Jul 28, 2019 6:15 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Forgiveness advice
Replies: 46
Views: 4195

Re: Student Loan Forgiveness advice

Be careful about counting on this - less than 1% of borrowers who applied for PSLF were approved: http://www.abajournal.com/web/article/few-qualify-for-public-service-loan-forgiveness-often-due-to-bad-information-says-lawsuit That's because most of them couldn't have been eligible for a lot of simp...
by Blue456
Fri Jul 19, 2019 7:09 pm
Forum: Personal Investments
Topic: Anybody invested with US Bank Wealth?
Replies: 7
Views: 624

Re: Anybody invested with US Bank Wealth?

Do they have low cost index funds/bonds? They do not have any mutual funds, they are a broker (they sell other company’s financial instruments). What attracted you to this off-the-wall broker instead of a major brokerage house like Vanguard, Fidelity or Schwab? I’m banking with them so I wanted to ...
by Blue456
Fri Jul 19, 2019 4:53 pm
Forum: Personal Investments
Topic: Wealthfront 2.57% Savings
Replies: 12
Views: 1712

Re: Wealthfront 2.57% Savings

It seems, as other threads have pointed out, that chasing money market yields for a few basis points is kind of a waste of time unless we are talking about a large amount of cash. Also, if it is a large amount of cash, why isn't it conservatively invested in the market? If it's an emergency fund an...
by Blue456
Fri Jul 19, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: ExxonMobil Card Gives Discount on Gasoline Purchases
Replies: 14
Views: 869

Re: ExxonMobil Card Gives Discount on Gasoline Purchases

You are better off getting Fort Knox FCU or Ducks Unlimited gas cards. Both of them give 5% off.
by Blue456
Fri Jul 19, 2019 2:24 pm
Forum: Personal Investments
Topic: Anybody invested with US Bank Wealth?
Replies: 7
Views: 624

Re: Anybody invested with US Bank Wealth?

https://smartasset.com/financial-adviso ... ent-review

This review claims that they have self directed investing. So it seams I am not required to go with an advisor. Or am I missing something here?
by Blue456
Fri Jul 19, 2019 12:29 pm
Forum: Personal Investments
Topic: Anybody invested with US Bank Wealth?
Replies: 7
Views: 624

Anybody invested with US Bank Wealth?

So has anyone invested with US Bank wealth management? Do they have low cost index funds/bonds?
by Blue456
Fri Jul 19, 2019 7:07 am
Forum: Personal Investments
Topic: Wealthfront 2.57% Savings
Replies: 12
Views: 1712

Re: Wealthfront 2.57% Savings

sarabayo wrote:
Thu Jul 18, 2019 8:39 pm
Another thread: viewtopic.php?f=10&t=282094
Thank you for the link. Ultimately I decided not to move my money there. I will stick with PenFed or move to CIT.
by Blue456
Thu Jul 18, 2019 8:15 pm
Forum: Personal Investments
Topic: Wealthfront 2.57% Savings
Replies: 12
Views: 1712

Re: Wealthfront 2.57% Savings

krafty81 wrote:
Thu Jul 18, 2019 7:18 pm
I jumped on it when it was 2.3, now it is 2.57. No probs and I like their app.
Thank you.
by Blue456
Thu Jul 18, 2019 6:55 pm
Forum: Personal Investments
Topic: Wealthfront 2.57% Savings
Replies: 12
Views: 1712

Wealthfront 2.57% Savings

What do you guys think about Wealthfront High Yield Savings Account. Currently they offer 2.57%. Worth changing over from PenFed 2.0%? Or their rate is too good to remain true?
by Blue456
Sun Jul 14, 2019 9:42 pm
Forum: Personal Consumer Issues
Topic: Gold Coin for fun, not for investment or numismatics [Canadian Maple Leaf]
Replies: 31
Views: 2787

Re: Gold Coin for fun, not for investment or numismatics

The Canadian Maple is 99.999 gold so it is fragile. Otherwise I dont have personal experience with it.
by Blue456
Sat Jul 06, 2019 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Banking for Nomads
Replies: 28
Views: 3241

Re: Banking for Nomads

In the near future, I'll be mostly mobile, up and down the east coast, with some other travel to the west coast and abroad. I've not been too crazy about the Cap One online interface, having problems with it and sometimes challenged to find ATMs. I have an account with Alliant FCU that does have ha...
by Blue456
Mon Jul 01, 2019 6:27 pm
Forum: Personal Investments
Topic: Emergency fund at Vanguard
Replies: 15
Views: 2408

Re: Emergency fund at Vanguard

I would keep an EF in a separate checking account (with Debit card)... Scenario.. You need 8K within 2 hrs.. how quick can you get that from Vanguard? Yeah but what is a chance that I will need $20,000 within 2 hrs? $40,000. You get my point. I want to store a portion of my emergency fund in accoun...
by Blue456
Mon Jul 01, 2019 8:27 am
Forum: Personal Investments
Topic: Emergency fund at Vanguard
Replies: 15
Views: 2408

Emergency fund at Vanguard

Im at 37% tax bracket, I currently live in Kentucky. Would you guys recommend keeping emergency fund at Vanguard? If so which money market fund? I have read that if you are in a higher tax bracket you should consider different funds than if you are in a lower tax bracket. Now these are not FDIC insu...
by Blue456
Sat Jun 29, 2019 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 6777

Re: Relocate to Seattle or NYC

Some of the anti-NY comments are truly fascinating. Have lived here 25 years and my experience has been incredible. My neighborhood has great people, top notch schools, restaurants that run the price gamut, lacks rats, graffiti, noise, "price gouging" (although I'm not entirely sure what that is in...
by Blue456
Sat Jun 29, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 6777

Re: Relocate to Seattle or NYC

Just re-read your post, and NJ is definitely cheaper than looking at NYC, even Queens. I live in NJ and I am moving out of there and I tell you I can't wait to move out: - no Freeways (mostly Routes with lights) - dirty - it's basically one big suburb but very expensive - most expensive property ta...
by Blue456
Fri Jun 28, 2019 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 6777

Re: Relocate to Seattle or NYC

Hi Friends Family of 3. Single earner. Spouse not working. 4 yr old kid. Currently in Richmond VA I got 2 job offers on my table. I need to pick one but not sure which one. Job offer 1 at NYC itself at a Bank: 142k base + 10% bonus 401k match - 6% Flexible WFH upto 3 or 5 days per week. Interesting...
by Blue456
Fri Jun 28, 2019 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 6777

Re: Relocate to Seattle or NYC

To me, personally, this isn’t even a question. I despise NYC with a burning passion. There is no amount of money — literally, it doesn’t exist— that could possibly entice me to live there. Ever. I’d rather live on welfare in a trailer in a dusty desert town in Texas than be a billionaire in NYC. Se...
by Blue456
Fri Jun 28, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: high interest savings & checking accounts make sense?
Replies: 20
Views: 1849

Re: high interest savings & checking accounts make sense?

Banks really can't make much money on checking accounts. Lots of transactions, mostly short term money so not likely to be able to lend much of it for high/longer term interest etc. So I think they tend to change things e.g. rates, fees, minimums, etc. to offset their costs/make some profit. I tend...
by Blue456
Fri Jun 28, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Cancelling 24 Year Old Credit Card
Replies: 31
Views: 2883

Re: Cancelling 24 Year Old Credit Card

In the interest of simplifying my life, I'm thinking of cancelling a few seldom used credit cards. One, in particular, is a Cap1 card that has 1.5% rewards. The only reason I've kept it until now (I have a Citi 2% card and soon a BOA 2.625% card) is because it's 24 years old. My credit scores are a...