Search found 111 matches

by jajlrajrf
Wed Jul 15, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: individual bonds vs bond funds
Replies: 26
Views: 835

Re: individual bonds vs bond funds

I wanted to learn more about the bond market in a "skin in the game" way, so over the past few years I took a percentage of my portfolio and bought a diverse array of individual bonds of many types. As an intellectual exercise, this was interesting and educational and I'm glad I did it in the abstra...
by jajlrajrf
Mon Jul 13, 2020 7:38 am
Forum: Personal Consumer Issues
Topic: “Surviving” a Florida panhandle vacation
Replies: 38
Views: 4976

Re: “Surviving” a Florida panhandle vacation

You literally could not pay me to travel to Florida right now.
by jajlrajrf
Sat Jul 11, 2020 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Buy a Home to Rent to Mom?
Replies: 11
Views: 1130

Re: Buy a Home to Rent to Mom?

I've done this. It's a great idea. Ignore anyone who tells you it's not appropriate to be thinking about this. Your mom can always say no. But, there are several gotchas and caveats I want to give you. First off, be crisp about why you're doing this. If it's for your own financial benefit then I urg...
by jajlrajrf
Fri Jul 10, 2020 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your money for quarterly estimated tax payments?
Replies: 50
Views: 3197

Re: Where do you keep your money for quarterly estimated tax payments?

At the beginning of the year I buy t-bills of the appropriate length for the first two payments, and put the remainder in vanguard’s total bond fund.
by jajlrajrf
Wed Jul 08, 2020 12:53 pm
Forum: Personal Investments
Topic: Am I oversaving?
Replies: 39
Views: 4258

Re: Am I oversaving?

Ths short version...people who save a great deal in tax deferred accounts can end up with too much. The result can be that their RMDs are so large that they are pushed into higher tax brackets later in life. I've always thought of this as "This is a wonderful problem to have," frankly. 1. Money goi...
by jajlrajrf
Wed Jul 08, 2020 12:43 pm
Forum: Personal Investments
Topic: Am I oversaving?
Replies: 39
Views: 4258

Re: Am I oversaving?

retiredjg wrote:
Wed Jul 08, 2020 8:18 am
Ths short version...people who save a great deal in tax deferred accounts can end up with too much. The result can be that their RMDs are so large that they are pushed into higher tax brackets later in life.
I've always thought of this as "This is a wonderful problem to have," frankly.
by jajlrajrf
Tue Jul 07, 2020 9:45 am
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 20774

Re: What to do with all this MONEY ?

Why not create a trust for each of your children and grandchildren and for your son who is bad with finances set it up so that he can't use all of it but only get paid a monthly stipend from it and have it pass to his children upon his death? I've seen similar sentiments expressed a few times in th...
by jajlrajrf
Tue Jun 30, 2020 11:38 pm
Forum: Personal Consumer Issues
Topic: Looking for cell phone for elderly person
Replies: 21
Views: 972

Re: Looking for cell phone for elderly person

You know this person better than others and I believe you when I say “smartphone not needed,” but let me point out that smartphones - especially iPhones - have best-in-class accessibility features. So for someone who is almost blind, they’d be able to use voiceover to read them texts, and dictate to...
by jajlrajrf
Tue Jun 30, 2020 11:07 am
Forum: Personal Investments
Topic: Am I thinking about my stock options correctly?
Replies: 15
Views: 1067

Re: Am I thinking about my stock options correctly?

You will make your own decisions, but I strongly recommend against exercising early. Most of the actual value of these options is that they represent the option to reap future gains without assuming any risk . The minute you exercise these options, you are assuming several risks, including some that...
by jajlrajrf
Tue Jun 23, 2020 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Question about using YNAB. Regarding credit cards, statements, dates.
Replies: 10
Views: 558

Re: Question about using YNAB. Regarding credit cards, statements, dates.

I don't use YNAB, I use Gnucash, but the way I think of this mentally is to absolutely ignore period closing dates. You are spending the money when you use the card: using a credit card on January 15 to (say) buy groceries means you are incurring a liability on January 15 which is charged to your gr...
by jajlrajrf
Tue Jun 23, 2020 11:17 am
Forum: Personal Investments
Topic: Best Comprehensive Investment Software for Investors
Replies: 11
Views: 869

Re: Best Comprehensive Investment Software for Investors

I recently evaluated Stock Market Eye (https://www.stockmarketeye.com) which gives you a similar "bird's eye view" as Personal Capital, but with less customized advice. I eventually decided it was pricier than I was willing to pay for, but YMMV.
by jajlrajrf
Tue Jun 23, 2020 10:43 am
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13756

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

I thought it was a reasonable article. I don't think the boglehead forum has a "problem", but there are a few things I keep in mind when I read and post here. If I was going to enumerate the ones that WCI didn't hit, they would be these: 1. The overall risk tolerance of board members seems extremely...
by jajlrajrf
Mon Jun 22, 2020 10:48 am
Forum: Personal Investments
Topic: Opinions on venture capital for the average person
Replies: 33
Views: 1135

Re: Opinions on venture capital for the average person

https://loud.vc/ Started by an anesthesiologist People can be skeptical, of course, but when I review this I have to admit that it does fund ventures that a doctor's experience would have special applicability to, such as (checks notes) running a Nashville hot chicken franchise. I'm more risk-seeki...
by jajlrajrf
Mon Jun 22, 2020 10:14 am
Forum: Personal Investments
Topic: Opinions on venture capital for the average person
Replies: 33
Views: 1135

Re: Opinions on venture capital for the average person

Matt Levine has written about this extensively. https://www.bloomberg.com/opinion/articles/2018-09-24/earning-the-right-to-get-swindled Accredited investors. Here is a rough summary of how U.S. securities law works: 1. Individuals can only invest in public companies that trade on stock exchanges, pu...
by jajlrajrf
Sat Jun 20, 2020 7:34 pm
Forum: Investing - Theory, News & General
Topic: To DRIP or not to DRIP?
Replies: 13
Views: 1810

Re: To DRIP or not to DRIP?

I make the decision to reinvest vs not-reinvest on a security-by-security basis. First, let's acknowledge that part of the reason it used to make sense was that in the past there was more financial overhead to make trades, which costs were often waived for dividend reinvestment. Now that most broker...
by jajlrajrf
Wed Jun 17, 2020 3:28 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15702

Re: Ditching International

I've got no beef with people believing that the US market is better along whatever axis than international, but I don't see a fundamental difference between that position and the people who believe that Spacely Sprockets stock is a better thing to be invested in than Cogswell Cogs stocks. The only ...
by jajlrajrf
Wed Jun 17, 2020 1:56 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15702

Re: Ditching International

Take out the impact of the 1973 oil embargo and I think we would have done a lot better in that chart. Becoming a net exporter and energy independent again is a very nice position to be in. Literally the entire point of diversification is that you don't know when some event like the oil embargo wil...
by jajlrajrf
Wed Jun 10, 2020 8:38 pm
Forum: Personal Investments
Topic: Young investors and bonds
Replies: 94
Views: 5077

Re: Young investors and bonds

There are theoretical reasons why one can argue otherwise, but in purely practical terms the correct answer to your question is simply "no."
by jajlrajrf
Wed Jun 10, 2020 8:28 pm
Forum: Personal Investments
Topic: Talk me back into Bond Fund BND please
Replies: 33
Views: 2472

Re: Talk me back into Bond Fund BND please

Plus it's like a super sale, the thing I was buying a few months ago is now 36% off. I have a much harder time buying equities when the market is near all time highs. My problem is bringing myself to sell back to my long-term AA after things (by my fallible human notions) return to "normal". I forc...
by jajlrajrf
Wed Jun 10, 2020 8:17 pm
Forum: Personal Investments
Topic: Talk me back into Bond Fund BND please
Replies: 33
Views: 2472

Re: Talk me back into Bond Fund BND please

My question would be, Wow!, how did you have the courage to make that play? I had 1/2 Mil. in dry powder (bonds) in March and never moved a penny. The pandemic was a completely unknown concept for a modern economy. When the S&P tanked at under 2300, I had no intention of charging in to that market ...
by jajlrajrf
Wed Jun 10, 2020 2:13 pm
Forum: Personal Consumer Issues
Topic: Tipping why % of bill and not flat amount?
Replies: 159
Views: 9284

Re: Tipping why % of bill and not flat amount?

Personally, I view a 15% tip as a minimum (in the US) and aim for 20% for an average tip. If you're in the US, you live in a country that has decided that it's fine for waiters and waitresses to make less than minimum wage , which is (IMO) nuts. The entire premise of that argument is "They make it u...
by jajlrajrf
Wed Jun 10, 2020 1:32 pm
Forum: Personal Investments
Topic: Vanguard Total Bond [BND] interest and timing.
Replies: 24
Views: 980

Re: BND dividends and timing.

All dividends are paid to whatever account held the stock on the declared ex-dividend date. If you sell the day before the ex-dividend date, you get nothing (but since the value of the stock will drop by the amount paid in the dividends, this is theoretically a value-neutral decision.) Yes, but BND...
by jajlrajrf
Wed Jun 10, 2020 1:27 pm
Forum: Personal Investments
Topic: Vanguard Total Bond [BND] interest and timing.
Replies: 24
Views: 980

Re: BND dividends and timing.

All dividends are paid to whatever account held the stock on the declared ex-dividend date. If you sell the day before the ex-dividend date, you get nothing (but since the value of the stock will drop by the amount paid in the dividends, this is theoretically a value-neutral decision.) Yes, but BND...
by jajlrajrf
Wed Jun 10, 2020 1:22 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey mentioned bogleheads today
Replies: 142
Views: 9956

Re: Dave Ramsey mentioned bogleheads today

For those who did stay the course, always keep their fees low, and are consistent with their Boglehead portfolio contributions and AA - kudos! :beer It appears due to the volume of non-Boglehead behavior on the Boglehead.org forums, that there might be more instructive criticism that could take pla...
by jajlrajrf
Wed Jun 10, 2020 1:15 pm
Forum: Personal Investments
Topic: Vanguard Total Bond [BND] interest and timing.
Replies: 24
Views: 980

Re: BND dividends and timing.

All dividends are paid to whatever account held the stock on the declared ex-dividend date. If you sell the day before the ex-dividend date, you get nothing (but since the value of the stock will drop by the amount paid in the dividends, this is theoretically a value-neutral decision.)
by jajlrajrf
Wed Jun 10, 2020 11:42 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey mentioned bogleheads today
Replies: 142
Views: 9956

Re: Dave Ramsey mentioned bogleheads today

For those who did stay the course, always keep their fees low, and are consistent with their Boglehead portfolio contributions and AA - kudos! :beer It appears due to the volume of non-Boglehead behavior on the Boglehead.org forums, that there might be more instructive criticism that could take pla...
by jajlrajrf
Wed Jun 10, 2020 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Design of Testamentary Trust
Replies: 107
Views: 3322

Re: Design of Testamentary Trust

I'll also say - without any judgment implied on what you actually end up deciding! - that if I honestly felt my children could not be trusted to manage their own money at age 40, I'd consider making them a minimal bequest that would keep them housed, and donate the rest to charity. There are lots of...
by jajlrajrf
Wed Jun 10, 2020 8:28 am
Forum: Personal Investments
Topic: Talk me back into Bond Fund BND please
Replies: 33
Views: 2472

Re: Talk me back into Bond Fund BND please

I'll give the non-strict boglehead answer, since everyone else is going to chide you about market timing. Fortune favors the bold. You made a bold play, got lucky, and it paid off; if you bought into total stock market in late March you have made significant unrealized short-term gains. Congrats! Yo...
by jajlrajrf
Wed Jun 10, 2020 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Design of Testamentary Trust
Replies: 107
Views: 3322

Re: Design of Testamentary Trust

As I noted earlier, that comes at a steep price ($250k-$275k per 10 yrs of the trust). Over its lifetime, the trust would lose 25-30% of its assets. Earlier you mentioned that you're "not sure what a reasonable amount would be" to pay your niece as a trustee. I'd like to point out that the market i...
by jajlrajrf
Sun Jun 07, 2020 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Money by Yodlee
Replies: 8
Views: 628

Re: Money by Yodlee

I use GnuCash and track my income and expenses down to the penny. Love it, wouldn't trade it for anything other than wishing it had a slightly better UI.
by jajlrajrf
Sun Jun 07, 2020 3:58 pm
Forum: Investing - Theory, News & General
Topic: Reinvesting Dividends in Taxables: Arguments for and Against?
Replies: 15
Views: 1233

Re: Reinvesting Dividends in Taxables: Arguments for and Against?

Personally reinvesting in taxable has worked wonderfully for me. For: -Great way to avoid sitting on too much cash and to keep your money working for you, especially if you have a long timeline. -Automatic dollar-cost averaging! Against: -I'll turn it off if I feel I'm already heavier in a particula...
by jajlrajrf
Sat Jun 06, 2020 7:00 am
Forum: Personal Consumer Issues
Topic: Selling gold bullion
Replies: 27
Views: 2378

Re: Selling gold bullion

bberris wrote:
Sat Jun 06, 2020 6:06 am
Saved this for the next post that claims gold is money.
Quoted just to agree. This is exactly where the rubber doesn't hit the road.
by jajlrajrf
Thu Jun 04, 2020 7:52 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity
Replies: 123
Views: 9487

Re: Vanguard vs. Fidelity

Both Vanguard and Fidelity are fine. I give Fidelity a slight edge for two reasons: (1) Their account security picks a better point on the security vs convenience scale IMO (using SymantecVIP app, vs having to buy a YubiKey or settle for SMS) (2) Retail offices are convenient to use sometimes. But r...
by jajlrajrf
Thu Jun 04, 2020 8:49 am
Forum: Personal Investments
Topic: Foreign portfolio investment experiences?
Replies: 3
Views: 267

Foreign portfolio investment experiences?

Many of us have covered the international portions of our asset allocation strategies through ETFs; this is surely the best route for most investors. But I got to thinking "what if" about currency risk, and it made me wonder: have any American bogleheads done any foreign portfolio investment in othe...
by jajlrajrf
Sat May 30, 2020 6:14 pm
Forum: Personal Investments
Topic: Recommend a China-focused, risk-seeking fund
Replies: 31
Views: 1954

Re: Recommend a China-focused, risk-seeking fund

Some nice suggestions there. Global X MSCI China Consumer Stpls ETF is also sort of in the wheelhouse.
by jajlrajrf
Sat May 30, 2020 11:25 am
Forum: Personal Investments
Topic: Recommend a China-focused, risk-seeking fund
Replies: 31
Views: 1954

Re: Recommend a China-focused, risk-seeking fund

Which fund(s) did you decide to invest in and why? I’m curious. Well, I already have some emerging markets debt and emerging markets equity fund exposure, so I already have some China exposure through that. I ended up going with CHIQ because my central thesis is basically that most of our American ...
by jajlrajrf
Fri May 29, 2020 8:03 pm
Forum: Personal Investments
Topic: How are you accounting for T-Bills, Bonds, TIPS, etc?
Replies: 12
Views: 973

Re: How are you accounting for T-Bills, Bonds, TIPS, etc?

Really fascinating to see the different ways we have all chosen to account for these! (I know, I'm weird for finding it interesting...) I guess for me personally without insulting anyone else's choice, the dividing line is "Am I likely to want to sell this security before maturity?" If so, then trac...
by jajlrajrf
Fri May 29, 2020 8:00 pm
Forum: Personal Investments
Topic: Recommend a China-focused, risk-seeking fund
Replies: 31
Views: 1954

Re: Recommend a China-focused, risk-seeking fund

HomerJ wrote:But maybe they are due for some big gains... Good luck to you!
Thanks, man! I appreciate it!
by jajlrajrf
Fri May 29, 2020 8:00 pm
Forum: Personal Investments
Topic: Recommend a China-focused, risk-seeking fund
Replies: 31
Views: 1954

Re: Recommend a China-focused, risk-seeking fund

HEDGEFUNDIGE[/quote wrote:Lol. I guess the thread title was intended to be a statement not a question
Nah, the suggestions in the thread actually helped me crystallize my thinking on what sectors I'm interested in, so it was legit helpful.
by jajlrajrf
Thu May 28, 2020 8:59 pm
Forum: Personal Investments
Topic: How are you accounting for T-Bills, Bonds, TIPS, etc?
Replies: 12
Views: 973

How are you accounting for T-Bills, Bonds, TIPS, etc?

Those of you with substantial (direct, non-ETF) investments in T-Bills, notes, or bonds: how are you keeping these on your books? Are you tracking each purchase individually by CUSIP or what have you, or just keeping a lump sum for "This is what's currently in treasury direct"? Basically my sense is...
by jajlrajrf
Thu May 28, 2020 12:44 pm
Forum: Personal Investments
Topic: Recommend a China-focused, risk-seeking fund
Replies: 31
Views: 1954

Re: Recommend a China-focused, risk-seeking fund

I've taken a small position in CHIQ based on the suggestions in this thread. Thanks, everyone!
by jajlrajrf
Wed May 27, 2020 6:55 am
Forum: Personal Investments
Topic: New Issue munis on Fidelity - What am I missing?
Replies: 1
Views: 350

New Issue munis on Fidelity - What am I missing?

Infrequent muni investor here with what might be a silly question. Whenever I've bought new issue munis on either E-Trade or Schwab, I've paid the face value on the bond. Recently, I went looking for munis in my Fidelity account and it looks to me like when you buy new issues on Fidelity you are ess...
by jajlrajrf
Wed May 27, 2020 6:50 am
Forum: Personal Consumer Issues
Topic: Tea supplier comparison
Replies: 74
Views: 5793

Re: Tea supplier comparison

I agree with KlangFool - Upton Tea is incomparable.
by jajlrajrf
Tue May 26, 2020 2:15 pm
Forum: Personal Investments
Topic: Etrade vs Vanguard
Replies: 20
Views: 1540

Re: Etrade vs Vanguard

I have both E-Trade and Vanguard accounts for different reasons, and generally prefer E-Trade. More transparency, and I prefer their security / 2-factor options to Vanguard's.
by jajlrajrf
Mon May 25, 2020 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8897

Re: Investors: be aware of weakness in 2FA + strengthening

Where's a weakness ? Since the code is being sent from a central location to your phone, it's subject to a number of attacks along the way. Are you sure? Schwab uses Symantec VIP. Cut off your phone's internet and it still generates code. I'm specifically talking about using 2FA via SMS
by jajlrajrf
Sun May 24, 2020 8:17 pm
Forum: Personal Investments
Topic: Recommend a China-focused, risk-seeking fund
Replies: 31
Views: 1954

Re: Recommend a China-focused, risk-seeking fund

Thanks for the suggestions, stan1! Worth noting that EYLD's two big China holdings are in Taiwan and Hong Kong, respectively.
by jajlrajrf
Sun May 24, 2020 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8897

Re: Investors: be aware of weakness in 2FA + strengthening

They may be able to get part of what is req'd but the cookie for machine ID, the password, and the one time SMS code would all have to be acquired to get into the account. All 3 things. Apart from phishing. It looks pretty safe to me. Sure, we all should pick our own level of comfort. Here's an art...
by jajlrajrf
Sun May 24, 2020 12:16 pm
Forum: Personal Investments
Topic: Recommend a China-focused, risk-seeking fund
Replies: 31
Views: 1954

Re: Recommend a China-focused, risk-seeking fund

Now this one is more the sort of play I'm looking for: MSCI China Consumer Discretionary ETF (CHIQ) - https://www.globalxetfs.com/funds/chiq/ "The Global X MSCI China Consumer Discretionary ETF (CHIQ) seeks to provide investment results that correspond generally to the price and yield performance, b...
by jajlrajrf
Sun May 24, 2020 12:10 pm
Forum: Personal Investments
Topic: Recommend a China-focused, risk-seeking fund
Replies: 31
Views: 1954

Re: Recommend a China-focused, risk-seeking fund

Hadn't seen this one before: VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) "CNXT tracks a cap-weighted index of 100 small- and medium-size companies traded on the SME Board and ChiNext Board of the Shenzhen Stock Exchange" Interesting because it's giving you exposure to a non-Shanghai stock exchang...
by jajlrajrf
Sun May 24, 2020 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8897

Re: Investors: be aware of weakness in 2FA + strengthening

Where's a weakness ? Since the code is being sent from a central location to your phone, it's subject to a number of attacks along the way. The points others raise about authenticator apps being phishable is true, but it still eliminates the man-in-the-middle attack from someone listening for the S...