Search found 189 matches

by hirlaw
Fri Dec 15, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Question About TIPs and TIP Funds
Replies: 5
Views: 279

Re: Question About TIPs and TIP Funds

OP here: That was my concern. However, I feel as though I am missing something in that most recommended asset allocations for retirees and near retirees recommend a percentage of TIPs funds.
by hirlaw
Fri Dec 15, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Question About TIPs and TIP Funds
Replies: 5
Views: 279

Question About TIPs and TIP Funds

I am close to retirement and have a portion of my fixed income in TIPs funds. Question : I understand that TIPs are for inflation protection, but rather than own them now, with negative real yields, why not just wait for inflation to heat up and/or rates rise (if ever!)? With higher inflation, the T...
by hirlaw
Thu Dec 07, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3399

Re: Best solution for digitizing documents?

I am looking at different services to store documents. I am thinking of Box. Does anyone have any experience or comments regarding Box.

Thanks!
by hirlaw
Mon Dec 04, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: A " Bond Tent" During the "Retirement Red Zone?"
Replies: 52
Views: 4665

Re: A " Bond Tent" During the "Retirement Red Zone?"

I came across this Michael Kitces article and wondered whether others close to or in the early years of retirement have taken similar measures during the "Retirement Red Zone"? Responding to the OP's original question: We are about 1 year from retirement. After hitting our number goal, we have grad...
by hirlaw
Fri Nov 17, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 43
Views: 3423

Re: Current precarious equity environment for a retiree

Aside from the market valuation issue, some lower their equity allocation close to or in early retirement in order to address sequence of return risk.
by hirlaw
Tue Nov 14, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Brokered CDs - often better return secondary market
Replies: 16
Views: 1729

Re: Brokered CDs - often better return secondary market

You may not receiving full FDIC insurance on the secondary market CD. I believe that you only receive the FDIC protection for the par value, so it leaves the buyer a bit exposed if the buyer paid, for example, $101 for the CD.
by hirlaw
Fri Nov 10, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 157
Views: 11456

Re: Got an iPhoneX

I am upgrading from an IPhone 5 (served me well, but really getting sloooow) to an IPhone X. Due to be delivered Mid-December. I ordered the 64GB version (rather than the 256GB). Right now I am only using 23GB of storage on my phone. I have an ICloud account that stores up to 50GB of photos on the w...
by hirlaw
Wed Nov 08, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 859

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

You are dealing with two different funds. One is a total market fund - government and corporate, short and long. The other I think just does intermediate corporate bonds. The checklist might work if you are comparing apples to apples but you are not. Its like trying to compare a compact hatchback w...
by hirlaw
Thu Nov 02, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Market Crash Defensive Portfolio
Replies: 30
Views: 3739

Re: Market Crash Defensive Portfolio

I do have an international stock fund but I stay away from international bonds. The purpose for bonds in my portfolio is as a stabilizer and also for safety. International investments carry exchange rate risk that I do not want to take in the bond portion of my portfolio. Certain funds/etf's are he...
by hirlaw
Sun Oct 15, 2017 10:26 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 7645

Re: What are you driving? And would you buy your current ride again?

2007 BMW Z4.
Fun car and I would buy again. However, I wouldn't recommend it to someone who deals with a long commute.
by hirlaw
Thu Oct 12, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Are Treasury Zero's Liquid?
Replies: 6
Views: 507

Re: Are Treasury Zero's Liquid?

A zero coupon bond works as if you were reinvesting coupons. OP here...That is why I like them. I have no immediate need for the interest. And to answer the other question: They are in a brokerage IRA. As to the original question: Can anyone comment on their liquidity vs. regular treasuries? Thanks
by hirlaw
Thu Oct 12, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Are Treasury Zero's Liquid?
Replies: 6
Views: 507

Are Treasury Zero's Liquid?

Hi all: I am considering buying some individual treasuries (within a Fidelity Brokerage account). I want to be able to sell easily if I desire (I know that they may lose principal value if rates rise). I understand that treasuries are very liquid. Is there and liquidity difference between selling re...
by hirlaw
Tue Oct 10, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: 2018 Honda Accord
Replies: 54
Views: 5752

Re: 2018 Honda Accord

The Accord had the most uncomfortable seats I have been in for quite some time.
I have seen a lot of about the uncomfortable seats in the Accords. Is it hard or what?
by hirlaw
Tue Oct 10, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Does Anyone Here Buy Callable Munis?
Replies: 6
Views: 586

Re: Does Anyone Here Buy Callable Munis?

Thank you for your helpful replies.
by hirlaw
Mon Oct 09, 2017 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Does Anyone Here Buy Callable Munis?
Replies: 6
Views: 586

Does Anyone Here Buy Callable Munis?

I sometimes buy individual municipal bonds. I have always purchased non-callable. Sometimes I see callable muni bonds with comparable ratings and duration (assuming that the bonds are not called), with much higher yield than non-callable munis. I understand that there is the risk that these bonds mi...
by hirlaw
Fri Oct 06, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: Some 'hints' about brokered CDs
Replies: 24
Views: 3838

Re: Some 'hints' about brokered CDs

Yes - that is an aspect of brokered CDs. Depending on all the details and circumstances, it may or may not be an issue. In my case, managing an organization (part time), we do not reinvest any CD interest - for accounting, management, etc. reasons. Right. If you are a retiree (or organization) and ...
by hirlaw
Fri Oct 06, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: Some 'hints' about brokered CDs
Replies: 24
Views: 3838

Re: Some 'hints' about brokered CDs

I have both brokered and non-brokered CD's (purchased from online banks). My one problem with brokered is that the interest is not reinvested --- so, I end up having these small amounts accumulating in a core money market account. Does anyone else consider this issue?
by hirlaw
Wed Oct 04, 2017 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Health Savings Account recommendation
Replies: 22
Views: 2414

Re: Health Savings Account recommendation

I have been happy with Optum Bank HSA. The investment options include several Vanguard funds.
by hirlaw
Wed Sep 13, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: Need Cloud Back-Up Service For Mac
Replies: 8
Views: 1100

Re: Need Cloud Back-Up Service For Mac

What about Carbonite? Has anyone had any luck with that service?
by hirlaw
Tue Sep 12, 2017 9:56 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 385
Views: 26511

Re: Iphone X is $1000

I have an IPhone 5. Been waiting for this to come out before I upgrade. I'm in. :D
by hirlaw
Tue Sep 12, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: Need Cloud Back-Up Service For Mac
Replies: 8
Views: 1100

Need Cloud Back-Up Service For Mac

I am looking into cloud back-up services for a Mac. My two main requirements are: 1) security and 2) ease of use. I am looking at IDrive and I like the fact that it has 256 encryption and allows a personal key not stored on their servers. However, I have read some reviews that people have had troubl...
by hirlaw
Wed Sep 06, 2017 5:33 pm
Forum: Personal Consumer Issues
Topic: Need Advise On Getting to Patriots Game, Foxborough
Replies: 13
Views: 1234

Need Advise On Getting to Patriots Game, Foxborough

I am going to be headed to Boston later in the season to watch my team get beat by the Patriots. I will be staying in the Back Bay area. I hear that getting to and from the stadium is pretty awful. I have looked into the train that goes there and seems to be a pretty good alternative. Any hints are ...
by hirlaw
Wed Aug 23, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans To Launch Total Corporate Bond ETF
Replies: 42
Views: 7267

Re: Vanguard Announces Plans To Launch Total Corporate Bond ETF

The original and supreme Boglehead, John Bogle, has expressed concern that the Total Bond Market index is too heavy in Treasuries. Maybe this is a way to allow folks to compliment the Total Bond index by increasing corporate exposure in a "total bond" context.
by hirlaw
Mon Aug 21, 2017 7:56 pm
Forum: Personal Consumer Issues
Topic: Help With Travel to Prague - Vienna - Budapest
Replies: 7
Views: 704

Help With Travel to Prague - Vienna - Budapest

We are planning to go to Prague, Vienna & Budapest next May. Probably, fly into Budapest, then take trains to Vienna and Prague, flying back out of Prague. I was thinking of 3 nights in each. Do you think that is sufficient time? Any other tips, suggestions are welcome.

Thanks!!
by hirlaw
Sat Aug 12, 2017 2:56 pm
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 5900

Re: BMW Z3 or Z4 or nothing at all?

I have a 2007 Z4 which I have owned for nine years. I currently has about 52k miles on it. First, my personal situation. I am short, about 5'5" and so "roomyness" is not an issue for me (I can stretch out in tourist class!). My commute is only about 3 miles and mostly though a large park and I live ...
by hirlaw
Thu Aug 10, 2017 12:15 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 7009

Re: What Percentage CASH are you?

OP: Are you including CD's and stable value funds in your definition of "CASH"? My guess is that a lot of people on here are using CD's in lieu of some bonds in this environment.
by hirlaw
Wed Aug 02, 2017 11:43 am
Forum: Personal Finance (Not Investing)
Topic: How far off are Zillow's estimates?
Replies: 82
Views: 8392

Re: How far off are Zillow's estimates?

How does Zillow do its estimate in states such as Texas, where the property sales price information is not publicly available?
by hirlaw
Tue Aug 01, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Using VMVFX Vanguard [Global] Minimum Volatility fund for international.
Replies: 18
Views: 2369

Re: Using VMVFX Vanguard Minimum Volatility fund for international.

I have some. One thing to be aware of is that it hedges its foreign currency. That is one of the reasons for a higher cost vs. the index.
by hirlaw
Wed Jul 26, 2017 3:20 pm
Forum: Investing - Theory, News & General
Topic: VNQ allocation [Vanguard REIT Index]
Replies: 20
Views: 1581

Re: VNQ allocation

For what its worth, I have approximately 9% of my equity holdings in the Vanguard REIT Index. This was initially motivated by David Swensen's suggested portfolio for individuals (who actually advocated having 20%, and later modified to 15%, of an individual's portfolio in real estate. Of course, he ...
by hirlaw
Mon Jul 24, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 101
Views: 9658

Re: Can a TIPS ladder 'fail' ?

A TIPs ladder can easily fail if the goods and services you purchase outpace the real rate of return generated by TIPs. Given taxes and the basket of goods most likely purchased in retirement, I think the odds are pretty darn high long lived retirees are ill served by TIPs. +1 Just think of the ris...
by hirlaw
Fri Jul 14, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: 50% Cash, 50% Stocks: The Opportunistic Portfolio
Replies: 43
Views: 4801

Re: 50% Cash, 50% Stocks: The Opportunistic Portfolio

It also depends on how you define "cash." If a 5-year CD is considered "cash", then I would consider it roughly equivalent to bonds in the present environment.
by hirlaw
Thu Jul 13, 2017 4:19 pm
Forum: Personal Consumer Issues
Topic: Apple iMac problem?
Replies: 49
Views: 3523

Re: Apple iMac problem?

I get this sometimes when using Firefox browser on my IMac. If I switch to a different browser it solves the problem -- the beach ball has bounced off to another lucky user.
by hirlaw
Thu Jul 13, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: REIT Fund Question
Replies: 11
Views: 1231

Re: REIT Fund Question

I would go with Vanguard's VNQ. Unless you plan on repeated purchases, the $5 brokerage fee to purchase at Fidelity is negligible. The IShares ETF (USRT) is too thinly traded.
by hirlaw
Sat Jul 08, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone use ANNUITIES for SOME of their retirement funds?
Replies: 61
Views: 4712

Re: Does anyone use ANNUITIES for SOME of their retirement funds?

I also have a Vanguard variable annuity. At some point I will probably annuitize a portion of it or (depending on the rate at the time) do a 1035 exchange into another annuity and annuitize through the new annuity. I am only 61 and I think it is too early to annuitize. Also, I am hoping for higher i...
by hirlaw
Mon Jul 03, 2017 8:09 pm
Forum: Personal Consumer Issues
Topic: Lastpass anyone use it?
Replies: 31
Views: 3519

Re: Lastpass anyone use it?

I am still nervous about using those services.

See this >>> https://www.theguardian.com/technology/ ... nerability
by hirlaw
Wed Jun 28, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 14752

Re: How did you handle the costs of your child's wedding?

When our daughter was in college, I started a separate account that I actually called "___'s Wedding Account." I initially funded it with $25k and periodically added to it. When she married last summer, about 5 years after graduation, it had about $50k in it. This covered a good chunk of the wedding...
by hirlaw
Wed Jun 28, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry
Replies: 142
Views: 11426

Re: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry

If you are near retirement or in early retirement and concerned with CAPE valuations and long-term sequence of return risk, you may want to read this article: https://www.kitces.com/blog/valuation-based-tactical-asset-allocation-in-retirement-and-the-impact-of-market-valuation-on-declining-and-risin...
by hirlaw
Tue Jun 20, 2017 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 42760

Re: Regret early retirement/downsizing

Question for those who retired "early". I am 61 and considering retirement (I can do it financially :happy ). Some writers on the subject say that you shouldn't just retire from something, you should have something to retire to. I have in mind the usual suspects: reading, volunteering, some travel, ...
by hirlaw
Fri Jun 16, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 37
Views: 8566

Re: Ally Bank No penalty CD for parking cash, is there a catch?

I have a money market account (.85% interest) and a savings account (1.05% interest) at Ally. I recently moved a large chunk of the savings account to the 11 month "no penalty" CD to take advantage of the higher rate (1.35%). The only "catch" I see is that you have to leave your money in for at leas...
by hirlaw
Wed Jun 14, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Direct CD vs. Brokered CD
Replies: 18
Views: 2231

Re: Direct CD vs. Brokered CD

Thanks all for your responses.

So, on brokered CD's (and individual bonds), what is everyone doing with the periodic interest payments? Are you just putting them in a money market, putting them in a bond fund?
by hirlaw
Wed Jun 14, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Direct CD vs. Brokered CD
Replies: 18
Views: 2231

Direct CD vs. Brokered CD

I have several direct CD's at Ally and CIT. It would certainly be more convenient to have brokered CD's through Fidelity, but besides the liquidity issue, the brokered CD's do not compound interest. The interest is paid out periodically, rather than being rolled back into the CD. This creates a prob...
by hirlaw
Wed Jun 14, 2017 10:22 am
Forum: Investing - Help with Personal Investments
Topic: JP Morgan Marked Linked CD
Replies: 21
Views: 1901

Re: JP Morgan Marked Linked CD

You can also do a homemade market linked CD, without the expense. If you want to invest $100,000, put about $89,300 into a regular 5-year CD earning 2.3%. Put the remaining $10,700 in the Vanguard Total Stock Market Index fund or ETF. You now have guaranteed that you will receive a minimum of $100,0...
by hirlaw
Sat Jun 10, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: Difficulties with CIT bank website
Replies: 3
Views: 467

Re: Difficulties with CIT bank website

I currently have 4 CD's at CIT. I had no trouble registering, but I agree that the website navigation is very poor. I also have accounts/CD's at Ally. If the rates and terms being offered are relatively equal, I would much prefer Ally.
by hirlaw
Tue Jun 06, 2017 11:34 am
Forum: Investing - Theory, News & General
Topic: Are CD investors more likely (than bond investors) to have sustainable withdrawals?
Replies: 13
Views: 1889

Re: Are CD investors more likely (than bond investors) to have sustainable withdrawals?

Would the fact that 5-year CD's are paying 2.2% and 5-year treasuries are only paying 1.7% make a difference in the comparison analysis?
by hirlaw
Tue Jun 06, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Anti virus protection
Replies: 35
Views: 3862

Re: Anti virus protection

Avast for Mac.
by hirlaw
Mon Jun 05, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: Favorite Thriller Authors and Why
Replies: 54
Views: 9891

Re: Favorite Thriller Authors and Why

I will try to limit this to some of my favorite current thriller writers (leaving off past greats like Clancy, Crichton, Ludlum)

Douglas Preston & Lincoln Childs - Pendergast Series

James Rollins – Sigma Force Series

I Am Pilgrim – Terry Hayes
by hirlaw
Fri Jun 02, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Advice with a whole life policy
Replies: 9
Views: 953

Re: Advice with a whole life policy

I second (third?) the idea of a 1035 exchange into a low cost (e.g. Vanguard) annuity. I did this several years ago with a NWM policy.

While the annuities have a cost downside, the upside in some states is that they are exempt from creditor collection.
by hirlaw
Thu Jun 01, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: About to retire
Replies: 11
Views: 1965

Re: About to retire

I am withdrawing from my tIRA during my bridge years to reduce my future RMDs.
Question: Rather than make withdrawals from the IRA during the bridge years, would it make sense to instead do Roth conversions?

Thanks
by hirlaw
Tue May 30, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"
Replies: 35
Views: 6000

Re: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"

We are 61/62. Over the last 5 years we have moved from 55/45 to about 40/60, mainly due to sequence of return risk concerns close to retirement. I would like to move to about 35/65, but I am running out of room to re-balance to fixed income in our after-tax accounts and don't won't to incur capital ...