Search found 1878 matches

by hudson
Sat Sep 14, 2019 8:55 pm
Forum: Personal Consumer Issues
Topic: Do you trust Microsoft updating your Windows 7 machine?
Replies: 29
Views: 1387

Re: Do you trust Microsoft updating your Windows 7 machine?

Now that Microsoft has announced that they will no longer support Windows 7 in 2020, I noticed that the volume of their updates have increased a bit. Frankly, I do not trust them. I am thinking they are trying hard to make a perfectly good system obsolete, hoping that consumers will go out and purc...
by hudson
Tue Sep 10, 2019 7:50 am
Forum: Personal Consumer Issues
Topic: Negotiating on this Specific Truck
Replies: 20
Views: 2030

Re: Negotiating on this Specific Truck

When we got down to brass tacks and I was ready to sign I said that as part of the deal I didn't want to have to listen to the extended warranty pitch. I need to remember to copy your idea. On my last vehicle purchase, the back office guy worked me over pretty good on the extended warranty. He was ...
by hudson
Tue Sep 10, 2019 7:35 am
Forum: Investing - Theory, News & General
Topic: Allan Roth: Why Risk-Profile Questionnaires Don’t Work
Replies: 48
Views: 3393

Re: Allan Roth: Why Risk-Profile Questionnaires Don’t Work

FrugalInvestor wrote:
Sun Sep 08, 2019 3:52 pm
The '08/'09 downturn was the litmus test for me.
Me too.
2008 was a great risk-profile questionnaire!
Other questionnaires showed that I would be fine with 100% stocks.
The "2008 questionnaire" showed that 100% fixed income was more my style.
by hudson
Mon Sep 09, 2019 7:46 am
Forum: Personal Investments
Topic: need help with strategy to sort out parent's finances
Replies: 28
Views: 3053

Re: need help with strategy to sort out parent's finances

WBFan, It's tough advising parents, or anyone actually...even if they ask. My parents and my wife's parents did not want or accept any financial coaching. They'd listen to me on maintenance items for their house. They believed that their financial situation was absolutely perfect. The chances of the...
by hudson
Mon Sep 09, 2019 7:23 am
Forum: Personal Consumer Issues
Topic: To buy or to rent/new financial situation
Replies: 12
Views: 1336

Re: To buy or to rent/new financial situation

white grass, I wouldn't touch that 1M pile. I would make that 1M very safe money. If you haven't read W.Bernstein's books, consider reading them...and read his contributions on Bogleheads. I would live cheap if possible and strongly consider Valuethinker's advice. If you buy a place to live, can you...
by hudson
Mon Sep 09, 2019 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early - am I thinking about this right?
Replies: 112
Views: 9202

Re: Paying off mortgage early - am I thinking about this right?

Am currently seven years in to a 30-year fixed @ 3.875% w/ original principal at $334,900. .... remaining loan balance to about $260K. Am I thinking about this in the right way? Trying to be as apples to apples as possible. Notes: I'm already maxing out my 401K, working on getting Backdoor Roth goi...
by hudson
Wed Sep 04, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: For those who have bonds in taxable, why and which ones?
Replies: 42
Views: 3299

Re: For those who have bonds in taxable, why and which ones?

Thanks everyone. Looks like VWITX does not have federal income tax on it's yield. I am thinking about putting this in my taxable. Any downsides for using this? VWITX/VWIUX works for me. I've owned it long term; I plan to keep it as long as it keeps paying better than taxable CDs. Downsides off the ...
by hudson
Tue Sep 03, 2019 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider your house as part of your bond portfolio?
Replies: 52
Views: 2216

Re: Do you consider your house as part of your bond portfolio?

My paid for and upgraded house lets me live cheap....very nice; it hasn't always been that way.
I don't consider it a bond.
by hudson
Tue Sep 03, 2019 7:46 pm
Forum: Investing - Theory, News & General
Topic: For those who have bonds in taxable, why and which ones?
Replies: 42
Views: 3299

Re: For those who have bonds in taxable, why and which ones?

RL1013 wrote:
Tue Sep 03, 2019 7:02 pm
Bogleheads philosophy states that it is better to have your bonds in tax advantage accounts.
I have CDs and Vang. Intermed Muni in taxable accounts. I have no more tax advantaged room. I can no longer contribute to tax advantaged accounts.
by hudson
Mon Sep 02, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 61
Views: 3528

Re: Cash & Checkbook Register Reconciliation

And I would not find folders of PDF's from different credit cards to be very searchable for vendor or category. I use the File Explorer in Windows to search by vendor on the pdfs of my monthly credit card statements. I just did it yesterday to find a deposit paid for my daughter's wedding reception...
by hudson
Mon Sep 02, 2019 7:21 pm
Forum: Personal Consumer Issues
Topic: New car delivery - what to check?
Replies: 22
Views: 1569

Re: New car delivery - what to check?

You likely only get two keys with the cars. When negotiating a car deal I normally get extra kays as part of the deal. Keys are now electronically linked to the car for security and with some car models only the dealership can make a new key. Keys can be very expensive since the dealership can char...
by hudson
Mon Sep 02, 2019 7:06 pm
Forum: Personal Consumer Issues
Topic: New car delivery - what to check?
Replies: 22
Views: 1569

Re: New car delivery - what to check?

I'm a Toyota buyer. I always get a copy of the Mulroney Sticker or the equivalent with the VIN before I commit. Toyota dealers want a 100% score on their after purchase survey from Toyota; they've been perfect for my last 5 vehicles....going back to 2000. I'd maybe tell the salesman to inspect the c...
by hudson
Mon Sep 02, 2019 11:45 am
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest
Replies: 56
Views: 4731

Re: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest

Can you get the podcasts as text, a pdf, or some written form. I prefer to read...not listen. Many thanks! I believe someone may have volunteered to convert to text. If not, can we count on you to do it for the forum? :beer Rick Ferri Looks like the internet can do it: https://podcasttranscribe.com...
by hudson
Sun Sep 01, 2019 2:53 pm
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest
Replies: 56
Views: 4731

Re: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest

Can you get the podcasts as text, a pdf, or some written form.
I prefer to read...not listen.
Many thanks!
by hudson
Sun Sep 01, 2019 2:44 pm
Forum: Investing - Theory, News & General
Topic: Bond question- sec yield and distrib. Yield
Replies: 15
Views: 813

Re: Bond question- sec yield and distrib. Yield

How quickly does sec yield and distribution yield converge? I mostly care about what I’m going to get next month in income. For making a decision whether to invest right now, I would like to know how slowly will the distribution yield fall. For VWIUX, I just watch it every month. In the distributio...
by hudson
Sun Sep 01, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 61
Views: 3528

Re: Cash & Checkbook Register Reconciliation

I adopted an Excel "Check Register" many years ago. Like many others on this thread, I write almost zero check, but it is really not about that. I treat my checking account like a business. A business has what they call an "operating account" and so that is how I think about it. So, even though we ...
by hudson
Sun Sep 01, 2019 9:41 am
Forum: Investing - Theory, News & General
Topic: Allan Roth article on munis and question
Replies: 38
Views: 2534

Re: Allan Roth article on munis and question

We can simply refer to what Vanguard says: "A — BASED ON HOLDINGS' YIELD TO MATURITY FOR PRIOR 30 DAYS;DISTRIBUTION MAY DIFFER". Correct--the SEC yield is based on now (i.e. the past 30 days), not 5 years ago when they may have bought the bond. Conversely, distributions are actually based on the YT...
by hudson
Sun Sep 01, 2019 8:15 am
Forum: Investing - Theory, News & General
Topic: Allan Roth article on munis and question
Replies: 38
Views: 2534

Re: Allan Roth article on munis and question

Just remember when you're looking at yields of bond mutual funds, it's important to look at both SEC and distribution yields. Both have their limitations, but to look at only the SEC yield deprives you of a full picture. and many here are frequently afflicted with this ailment. I have owned VWIUX ....
by hudson
Sun Sep 01, 2019 7:56 am
Forum: Investing - Theory, News & General
Topic: Allan Roth article on munis and question
Replies: 38
Views: 2534

Re: Allan Roth article on munis and question

The MSRB (a self-regulator organization) allows return of principal as income whereas the SEC regulates funds and they correctly only allow income to be called income. I just evaluated a muni bond portfolio for a client who was told she was getting over 4% tax-free income but it was actually only a...
by hudson
Sun Sep 01, 2019 7:05 am
Forum: Investing - Theory, News & General
Topic: Allan Roth article on munis and question
Replies: 38
Views: 2534

Re: Allan Roth article on munis and question

Personally, as someone subject to state tax in a large state without egregious pension problems (California), I've never heard a concrete case to even justify holding national munis as opposed to state-specific munis, let alone avoiding munis altogether. When I started buying munis, I looked for fu...
by hudson
Sun Sep 01, 2019 6:39 am
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12488

Re: What is your plan for the last few years of a long life?

[Edited to add: Per the above comment, If you have no nearby family, and need help with finances and medical care later in life, what will you do? Should you consider moving?] My wife and I have done nothing. I know we should. She just won't get together with me to solve that possibility. She can't...
by hudson
Sat Aug 31, 2019 8:36 pm
Forum: Personal Consumer Issues
Topic: Purchasing a truck - thoughts?
Replies: 105
Views: 6328

Re: Purchasing a truck - thoughts?

I've had 5 Toyotas since 2000. I would buy each again. Except for a 1969 Ford Falcon, all of the cars that I owned had major problems...early on with little things like fan belts....later on with transmissions or leaky trunks. I bought a Tacoma in 2000 and just waited for things to go wrong; I sold ...
by hudson
Sat Aug 31, 2019 8:09 pm
Forum: Investing - Theory, News & General
Topic: Receiving $100K per year on a $2.5MM Portfolio
Replies: 35
Views: 7501

Re: Receiving $100K per year on a $2.5MM Portfolio

You are spending the return on the CDs which is generally only at about the rate of inflation. At 3% inflation your portfolio of CDs will be worth in real terms 75% of the current amount. So, even though the face value of those CDs still say $2.5M you have "spent" 25% of your capital. Hyperborea, I...
by hudson
Sat Aug 31, 2019 1:43 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth article on munis and question
Replies: 38
Views: 2534

Re: Allan Roth article on munis and question

What tax bracket are you in? The article is right that munis don't make sense for those in the 24% and below tax bracket right now. 35%. Last thing I want is my stock funds to tank with munis shortly after. Seems like VWIUX (Vang int muni) is majority AAA/AA so should be ok? Yes....I own VWIUX and ...
by hudson
Sat Aug 31, 2019 1:37 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth article on munis and question
Replies: 38
Views: 2534

Re: Allan Roth article on munis and question

Just remember when you're looking at yields of bond mutual funds, it's important to look at both SEC and distribution yields. Both have their limitations, but to look at only the SEC yield deprives you of a full picture. I agree. Allan Roth does extremely good work , and he knows all about distribu...
by hudson
Sat Aug 31, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: Receiving $100K per year on a $2.5MM Portfolio
Replies: 35
Views: 7501

Re: Receiving $100K per year on a $2.5MM Portfolio

dbc47: I'm 68 years old so taking a whole bunch of risk at this stage of life isn't desirable or needed. 2,500,000 X .0325 = $81,250 per year (You probably already know how to use multiple accounts under NCUA/FDIC insurance)......Navy Federal Credit Union 5 year certificate 2,500,000 X .0265 = $66,2...
by hudson
Sat Aug 31, 2019 8:52 am
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12488

Re: What is your plan for the last few years of a long life?

I like Sheepdog's plan! Are you still climbing ladders and cleaning gutters at 86? What do you hire out? I did climb a ladder this week (single story house) to install new gutter covers. (That was a chore). What do I hire out? Not much. Only thing I have ever hired out is opening clogged sewers, tr...
by hudson
Sat Aug 31, 2019 8:22 am
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 113
Views: 11722

Re: Bucket List Adventures/Activities

Hike up Mount Washington, NH or hike the Presidential Range, or do Hut to Hut in the area Maybe do Mt. Monadnock on the way? Monument Valley Eat a lobster roll or lobster on Bearskin Neck, Rockport, MA Eat steamed clams in Harwichport, MA at a restaurant on the water Backpack Mount Sterling, NC in t...
by hudson
Sat Aug 31, 2019 7:41 am
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12488

Re: What is your plan for the last few years of a long life?

I like Sheepdog's plan! Are you still climbing ladders and cleaning gutters at 86? What do you hire out? If you were in Sheepdog's shoes, would you have a plan B, or would you just wait and see? In my family, there never were any advance moves. Everyone waited until the "health event" forced a chang...
by hudson
Fri Aug 30, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12488

Re: What is your plan for the last few years of a long life?

From Searstone in Cary NC: https://www.searstone.com/nursing-homes-in-raleigh-north-carolina The Life Care Program at SearStone provides unlimited long-term care such as Assisted Living, Memory Support and Skilled Nursing and Rehab care. There is a one-time fee for Life Care which is $62,000 per per...
by hudson
Fri Aug 30, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12488

CCRC...Continuing Care Retirement Communities

A number of posts have been about CCRCs. I don't think that a CCRC would fit my current situation...maybe in 10 years? I did a quick Google search and found Searstone near Raleigh, NC. Here are the costs for 2 people from a quick read: Entrance fee: $364K...fully refundable when you leave Monthly fe...
by hudson
Thu Aug 29, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12488

Re: What is your plan for the last few years of a long life?

I plan to avoid going into long term care How do you make such a plan? Do you have designated caregivers for your home? Or some other arrangement? JoeRetire, That's a great question! That's all of the plan that I have worked out. I'm listening and learning. This discussion is helpful. When I sit ar...
by hudson
Thu Aug 29, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Looking to buy a Patagonia jacket. Which are your favorites?
Replies: 27
Views: 2756

Re: Looking to buy a Patagonia jacket. Which are your favorites?

Patagonia jackets are excellent. I always check to see what Feathered Friends has in stock.
by hudson
Thu Aug 29, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: What is your plan for the last few years of a long life?
Replies: 213
Views: 12488

Re: What is your plan for the last few years of a long life?

We have talked a lot about the 4% rule or 3% rule. However, it seems that a constant spending model may not work well if you happen to have a long life, for example, you live, fortunately or unfortunately, into your 90s. I read on other forums that some people had good life with their money, until ...
by hudson
Mon Aug 26, 2019 5:02 am
Forum: Personal Investments
Topic: Does anyone use TIPS mutual funds for 100% of their LMP allocation?
Replies: 61
Views: 3370

Re: Does anyone use TIPS mutual funds for 100% of their LMP allocation?

Hudson: 5 years is a long time to delay my retirement while I wait for a TIPS fund to recover. My numbers come from Fidelity at the link in my above post. A low expense, short term, and inflation protect bond fund might be the best that you can do...unless you have safer options. Vanguard's VTAPX i...
by hudson
Sun Aug 25, 2019 7:49 pm
Forum: Personal Investments
Topic: Bond Strategy for Taxable Account, 22% Tax Bracket
Replies: 11
Views: 2705

Re: Bond Strategy for Taxable Account, 22% Tax Bracket

UPC78999, David Grabiner is likely right on the mark with muni bonds. Of the muni funds you listed, VWITX would be my choice because of the percentage of AAA/AA/A bonds and the current distribution yield.... if munis are a fit for you. I would encourage you to do the math....in dollars. Many like th...
by hudson
Sun Aug 25, 2019 5:34 pm
Forum: Personal Investments
Topic: Does anyone use TIPS mutual funds for 100% of their LMP allocation?
Replies: 61
Views: 3370

Re: Does anyone use TIPS mutual funds for 100% of their LMP allocation?

Hudson, I really like your strategy for the LMP portfolio. I would love to have 2/3 of my portfolio in FDIC insured CDs. But, alas, I am limited to mutual funds. My conservative strategy came about in 2008 before I heard of LMP. It's HQIFI (I just made that up) or high quality intermediate fixed in...
by hudson
Sun Aug 25, 2019 4:07 pm
Forum: Personal Investments
Topic: Does anyone use TIPS mutual funds for 100% of their LMP allocation?
Replies: 61
Views: 3370

Re: Does anyone use TIPS mutual funds for 100% of their LMP allocation?

But none of these authors provide any details on how to provide a "pseudo" TIPS ladder using TIPS funds. Toadvine, If I were in your shoes, I would wing it. If you are set on having tips; just buy the TIPS funds and skip the ladder. Isn't a fund a ladder of sorts? Maybe start maxing out iBonds. I u...
by hudson
Sat Aug 24, 2019 9:09 am
Forum: Personal Investments
Topic: Sudden infusion of cash “problems”
Replies: 26
Views: 2330

Re: Sudden infusion of cash “problems”

Hi everyone new here with a pretty fortunate problem to have... 40 years old. No debt. 200k mortgage on 1 million house 15 year fixed at 2.9%. 500k in maxed 401k in vanguard in retire 2040 mixed funds. 529s for kids in vanguard date risk adjusted almost funded. Have a brokerage account with vanguar...
by hudson
Fri Aug 23, 2019 11:59 am
Forum: Personal Investments
Topic: Keep VWIUX (muni bonds) or switch to VBTLX (total bond)?
Replies: 27
Views: 3097

Re: Keep VWIUX (muni bonds) or switch to VBLTX (total bond)?

I continue to believe that the distribution yield is worthwhile because it's what you get; it's real. If you buy X dollars of VWIUX today, you'll likely get paid about 2.65% on August 2. You'll likely get more than the SEC Yield for a while. The future NAV of VWIUX is unknown. Many times it seems t...
by hudson
Wed Aug 21, 2019 4:07 pm
Forum: Personal Investments
Topic: Keep VWIUX (muni bonds) or switch to VBTLX (total bond)?
Replies: 27
Views: 3097

Re: Keep VWIUX (muni bonds) or switch to VBLTX (total bond)?

bluquark wrote:
Tue Aug 20, 2019 8:37 pm
hudson wrote:
Tue Aug 20, 2019 1:08 pm
The big question on comparing bond funds is, "What are the most useful things to look at?"
[...]
What else?
- Taxation treatment
- Foreign currency exposure
- Inflation protection
- Sovereign vs corporate
Thanks bluquark! I agree!
by hudson
Wed Aug 21, 2019 4:04 pm
Forum: Personal Investments
Topic: Keep VWIUX (muni bonds) or switch to VBTLX (total bond)?
Replies: 27
Views: 3097

Re: Keep VWIUX (muni bonds) or switch to VBLTX (total bond)?

The reason for this is that muni rates have fallen, so the distribution you are receiving is paying back part of the principal. Would VWIUX distribute part of the principal? I thought that they only distributed interest? If VWIUX distributed principal, wouldn't the NAV fall? The NAV will fall. The ...
by hudson
Tue Aug 20, 2019 1:08 pm
Forum: Personal Investments
Topic: Keep VWIUX (muni bonds) or switch to VBTLX (total bond)?
Replies: 27
Views: 3097

Re: Keep VWIUX (muni bonds) or switch to VBLTX (total bond)?

The big question on comparing bond funds is, "What are the most useful things to look at?"

SEC Yield...of course
Distribution Yield....important to me
Duration...I like intermediate
Expense Ratio...below .25
High percentage of AAA/AA bonds
What else?
by hudson
Tue Aug 20, 2019 1:05 pm
Forum: Personal Investments
Topic: Keep VWIUX (muni bonds) or switch to VBTLX (total bond)?
Replies: 27
Views: 3097

Re: Keep VWIUX (muni bonds) or switch to VBLTX (total bond)?

grabiner wrote:
Mon Aug 19, 2019 6:30 pm
The reason for this is that muni rates have fallen, so the distribution you are receiving is paying back part of the principal.
Would VWIUX distribute part of the principal? I thought that they only distributed interest?
If VWIUX distributed principal, wouldn't the NAV fall?
by hudson
Mon Aug 19, 2019 2:12 pm
Forum: Personal Investments
Topic: Keep VWIUX (muni bonds) or switch to VBTLX (total bond)?
Replies: 27
Views: 3097

Re: Keep VWIUX (muni bonds) or switch to VBLTX (total bond)?

I agree that SEC yield is useful when comparing two funds. There are many other things to look at. A $500K investment in VWIUX actually paid out $1104 last month. The SEC Yield is 1.56%...that's $650 per month. Ah I see. I would calculate like this then? (again using tax rate 24% federal+9.3% state...
by hudson
Mon Aug 19, 2019 1:21 pm
Forum: Personal Investments
Topic: Keep VWIUX (muni bonds) or switch to VBTLX (total bond)?
Replies: 27
Views: 3097

Re: Keep VWIUX (muni bonds) or switch to VBLTX (total bond)?

ishkadetto, are you using the SEC yield to figure this? I would use the distribution yield as that's what you are actually being paid....but you probably already knew that. VWIUX paid 2.65% on August 1. What would be the advantage to using distribution yield? A quick Google search for "sec yield vs...
by hudson
Sun Aug 18, 2019 8:59 pm
Forum: Personal Investments
Topic: Should we buy bond mutual funds now?
Replies: 30
Views: 3508

Re: Should we buy bond mutual funds now?

If so, which one(s). Where would you put $50,000 right now? (We are not considering stock funds). Would like to do better than a 2.5% 16 month CD. I already have $65,000 in CDs at that rate. We have more than a year of emergency funds, are debt free, married filing jointly. Twelve percent tax brack...
by hudson
Sun Aug 18, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: Aliens have captured my husband [wants to buy a Porsche]
Replies: 138
Views: 10423

Re: Aliens have captured my husband [wants to buy a Porsche]

I've never shopped for a Porsche, but if I did, I would buy new.
I would never buy someone else's troubles.
I would also check into leasing one.
by hudson
Sun Aug 18, 2019 12:42 pm
Forum: Personal Investments
Topic: Keep VWIUX (muni bonds) or switch to VBTLX (total bond)?
Replies: 27
Views: 3097

Re: Keep VWIUX (muni bonds) or switch to VBLTX (total bond)?

ishkadetto, are you using the SEC yield to figure this? I would use the distribution yield as that's what you are actually being paid....but you probably already knew that. VWIUX paid 2.65% on August 1. Not the OP, but this confused me. Where is the distribution yield advertised? What is the differ...
by hudson
Sun Aug 18, 2019 6:35 am
Forum: Personal Investments
Topic: Keep VWIUX (muni bonds) or switch to VBTLX (total bond)?
Replies: 27
Views: 3097

Re: Keep VWIUX (muni bonds) or switch to VBLTX (total bond)?

ishkadetto, are you using the SEC yield to figure this? I would use the distribution yield as that's what you are actually being paid....but you probably already knew that. VWIUX paid 2.65% on August 1.