Search found 149 matches

by zie
Fri Oct 23, 2020 5:28 pm
Forum: Personal Investments
Topic: Estimated social security
Replies: 9
Views: 1043

Re: Estimated social security

You can do your own calculation. See Devin Carrol's youtube video https://www.youtube.com/watch?v=im1IYEa_B2o&t=597s Your benefits are based on the highest 35 years of inflation adjusted income. Income after age 60 is not adjusted. The video above goes through all this. Depending on your current ag...
by zie
Fri Oct 16, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6601
Views: 625041

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I have dedicated 100% of my portfolio to this strategy, and I would probably be much worse off in terms of utility if Uncorrelated hadn't contributed to this thread. If you are willing to share(and probably in a diff. thread) it would be interesting at least for me(but hopefully others also), to le...
by zie
Sat Oct 10, 2020 3:18 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1760
Views: 230537

Re: Post your Financial Milestone Announcements Here

Congratulations :) . Excellent! Now for the first $100,000, then the second comma,, I just made it to the 1 comma club in my investment account(s)! (yes, just over $10,000) That’s awesome. It really feels amazing watching that value keep snowballing bigger and bigger. The next $10k will be even eas...
by zie
Sat Oct 10, 2020 1:02 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1760
Views: 230537

Re: Post your Financial Milestone Announcements Here

I just made it to the 1 comma club in my investment account(s)! (yes, just over $10,000)
by zie
Sat Oct 10, 2020 12:27 pm
Forum: Personal Investments
Topic: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment
Replies: 103
Views: 8779

Re: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment

Not to put too fine a point on it, but Jack is no longer with us and the Vanguard of today is not the same as the Vanguard of 20 years ago. There is no reason to develop or maintain an emotional attachment with any broker. Go with the place that gives you the best overall deal all things considered...
by zie
Sat Oct 10, 2020 11:37 am
Forum: Personal Investments
Topic: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment
Replies: 103
Views: 8779

Re: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment

my biggest beef with vanguard was finding a mutual fund with sub 30% internatial and sub 20% bonds. I found that in Fidelity with FFNOX. Fidelity Four-in-One Index Fund (FFNOX) ER 0.11% is a good balanced index fund with a low expense ratio. Sad to say it is the only low expense balanced index fund...
by zie
Sat Oct 10, 2020 11:04 am
Forum: Investing - Theory, News & General
Topic: "Bonds as a way to generate cash if the stock market is in the toilet"
Replies: 93
Views: 5338

Re: "Bonds as a way to generate cash if the stock market is in the toilet"

you have to pay for safety, with rare occasional exceptions(on a real basis, after tax, etc). Roughly in order of safety: Another instrument available to a number of people in their 401k or 403b is a decent stable value fund. Many are still paying around 3% and are quite secure. Ah right, thanks!! ...
by zie
Sat Oct 10, 2020 11:02 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3011
Views: 1917705

Re: The Three-Fund Portfolio

I am about to move my 401k from a Schwab Intelligent Portfolio into a 3 Fund Schwab EFT Portfolio next week. Was stunned at the number of funds and expense ratios within the intelligent portfolio. I plan on selling it all and moving into the 3 fund the same day. Any feedback on if this presents any...
by zie
Sat Oct 10, 2020 10:50 am
Forum: Investing - Theory, News & General
Topic: "Bonds as a way to generate cash if the stock market is in the toilet"
Replies: 93
Views: 5338

Re: "Bonds as a way to generate cash if the stock market is in the toilet"

you have to pay for safety, with rare occasional exceptions(on a real basis, after tax, etc). Roughly in order of safety: FDIC insured accounts (HYSA, CD's, etc) Treasuries(to include I/EE bonds, tips, etc) Money Market funds(MMF) (SIPC insured) MYGA's (SPIC insured) Bank Accounts not FDIC insured, ...
by zie
Fri Oct 09, 2020 10:31 am
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate for someone retiring at 35? Would real estate help or hurt?
Replies: 59
Views: 7492

Re: Safe withdrawal rate for someone retiring at 35? Would real estate help or hurt?

I would look at a life expectancy table , and see that a 35yo has an expectancy of 48.5 more years. I would put the "safe" withdrawal rate as x/48.5 where x is the portfolio balance ( 1/48.5 = 2.06% ) If you put the entire balance into TIPS with a 0 real return, only inflation adjustment, you could...
by zie
Mon Oct 05, 2020 11:07 pm
Forum: Personal Consumer Issues
Topic: How do YOU handle network security?
Replies: 105
Views: 6123

Re: How do YOU handle network security?

The first thing you have to ask yourself when thinking about security (of any kind) is what are your risks and what are you trying to protect against? Your network security against a 6 yr old is very different from your network security against the NSA. Talking about the NSA is how these discussion...
by zie
Mon Oct 05, 2020 7:43 pm
Forum: Personal Consumer Issues
Topic: How do YOU handle network security?
Replies: 105
Views: 6123

Re: How do YOU handle network security?

The first thing you have to ask yourself when thinking about security (of any kind) is what are your risks and what are you trying to protect against? Your network security against a 6 yr old is very different from your network security against the NSA. This is no different then how you should handl...
by zie
Sun Oct 04, 2020 1:11 pm
Forum: Personal Consumer Issues
Topic: PSA: don't be stranded by a dead key fob battery
Replies: 50
Views: 5307

Re: PSA: don't be stranded by a dead key fob battery

If the age of the batteries is two years+ or unknown, I highly recommend finding out what batteries you need and keeping them on hand. I'd recommend just replacing the battery if you aren't sure, or if it's been > 2 years. It's very cheap insurance. I mean worse case, if you have your battery store...
by zie
Sat Oct 03, 2020 1:24 pm
Forum: Investing - Theory, News & General
Topic: What fund(s) are in your taxable account?
Replies: 138
Views: 9811

Re: What fund(s) are in your taxable account?

This is all correct. The foreign tax withheld is lost if you hold international stock in a tax-advantaged account. In a taxable account, you get back the foreign tax, but you pay more US tax because of the higher dividend yield and more non-qualified dividends. The net effect tends to make it close...
by zie
Sat Oct 03, 2020 9:28 am
Forum: Personal Consumer Issues
Topic: Visible Wireless vs Total Wireless
Replies: 15
Views: 1263

Re: Visible Wireless vs Total Wireless

I'd recommend just outright buying your phone, either a nicely used one(and meet at a VZW store to purchase, so the VZW people can verify it's unlocked, not stolen, etc) or buy new direct from the manufacturer/resellers as you will likely do better with any warranty claims that way, and are guarant...
by zie
Sat Oct 03, 2020 9:25 am
Forum: Investing - Theory, News & General
Topic: What fund(s) are in your taxable account?
Replies: 138
Views: 9811

Re: What fund(s) are in your taxable account?

^^^ except the unqualified dividends take a piece of that goodness away Dividends are taxed regardless of where they came from, VTSAX dividends are also taxed at the same rate. The IRS wants their 1099 money, regardless of where it came from. Or are you implying because VXUS(ex-US TSM) pays higher ...
by zie
Thu Oct 01, 2020 8:01 pm
Forum: Investing - Theory, News & General
Topic: What fund(s) are in your taxable account?
Replies: 138
Views: 9811

Re: What fund(s) are in your taxable account?

Ah, I get the chance to learn new things every day! qualified vs unqualified dividends. Thanks!

Having to pay normal taxes on 30% of dividends plus foreign taxes definitely makes the equation harder to answer.
by zie
Thu Oct 01, 2020 7:45 pm
Forum: Personal Investments
Topic: Investing $150,000, in this day and age
Replies: 44
Views: 5121

Re: Investing $150,000, in this day and age

like the user ccf mentioned, the 20/80 AA funds are not a bad place to get a little return. This thread talks a bit more about the idea, basically you are gambling up to a 15% loss if everything dropped 50%. That might be too much risk for you and if that's the case, then you are stuck getting terri...
by zie
Thu Oct 01, 2020 12:58 pm
Forum: Investing - Theory, News & General
Topic: What fund(s) are in your taxable account?
Replies: 138
Views: 9811

Re: What fund(s) are in your taxable account?

^^^ except the unqualified dividends take a piece of that goodness away Dividends are taxed regardless of where they came from, VTSAX dividends are also taxed at the same rate. The IRS wants their 1099 money, regardless of where it came from. Or are you implying because VXUS(ex-US TSM) pays higher ...
by zie
Thu Oct 01, 2020 11:51 am
Forum: Investing - Theory, News & General
Topic: What fund(s) are in your taxable account?
Replies: 138
Views: 9811

Re: What fund(s) are in your taxable account?

If you are an international investor, doesn't it make sense to hold all/most of your international holdings in taxable, so you can take advantage of the foreign tax credit? I know it's not much, but if you are going to hold International, and you are going to pay foreign taxes(which the funds do for...
by zie
Thu Oct 01, 2020 9:58 am
Forum: Personal Consumer Issues
Topic: Visible Wireless vs Total Wireless
Replies: 15
Views: 1263

Re: Visible Wireless vs Total Wireless

I'd recommend just outright buying your phone, either a nicely used one(and meet at a VZW store to purchase, so the VZW people can verify it's unlocked, not stolen, etc) or buy new direct from the manufacturer/resellers as you will likely do better with any warranty claims that way, and are guarante...
by zie
Mon Sep 28, 2020 6:18 pm
Forum: Personal Consumer Issues
Topic: How do YOU find a good doctor these days...
Replies: 75
Views: 5101

Re: How do YOU find a good doctor these days...

There is a thing called Direct Primary Care , which is basically a cheaper form of concierge doctoring. This might be a good middle ground. here is an example of pricing from a random DPC doctor(I have no connection to this doctor, just what returned from a web search). $89/mo. lab fees and radiolog...
by zie
Sat Sep 26, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: In which companies do you own a single share, or token amount, of stock?
Replies: 119
Views: 9874

Re: In which companies do you own a single share, or token amount, of stock?

I bought 1 share of a company that happens to have the ticker symbol of my first name. I'm down like 40% so far. I'm hopeful they will do my name proud, eventually.
by zie
Sat Sep 26, 2020 7:24 am
Forum: Investing - Theory, News & General
Topic: NJ Municipal MM closed and will liquidate
Replies: 20
Views: 1872

Re: NJ Municipal MM closed and will liquidate

This is a pretty momentous announcement for me. This fund was probably the first investment I made at Vanguard in a taxable account, nearly 30 years ago. I have held various amounts of cash in the fund probably 75% of the time. I just sold off the remainder about 2 months ago and sent the cash to A...
by zie
Sat Sep 26, 2020 7:10 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6601
Views: 625041

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

How do you folks allocate UPRO/TMF into your overall asset allocation? Enough to notice if it rocks, not enough that it matters if it all goes away. I.e. not enough that it will affect my retirement noticeably. There is a lot of risk adopting this strategy, so going all-in would probably not be ver...
by zie
Fri Sep 25, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: NJ Municipal MM closed and will liquidate
Replies: 20
Views: 1872

Re: NJ Municipal MM closed and will liquidate

This is a pretty momentous announcement for me. This fund was probably the first investment I made at Vanguard in a taxable account, nearly 30 years ago. I have held various amounts of cash in the fund probably 75% of the time. I just sold off the remainder about 2 months ago and sent the cash to A...
by zie
Fri Sep 25, 2020 9:05 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6601
Views: 625041

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

How do you folks allocate UPRO/TMF into your overall asset allocation? Enough to notice if it rocks, not enough that it matters if it all goes away. I.e. not enough that it will affect my retirement noticeably. There is a lot of risk adopting this strategy, so going all-in would probably not be ver...
by zie
Thu Sep 24, 2020 10:04 pm
Forum: Personal Consumer Issues
Topic: 3G 4G 5G
Replies: 35
Views: 2315

Re: 3G 4G 5G

They are still selling plans with 2G attached, so they likely won't get around to killing 3G rapidly soon, though they may want to. 4G will be around a good long while, probably much longer than your phone will be. 5G is the new hotness, there are basically 2 kinds of 5g, 5G SA(stand-alone 5g) and 5...
by zie
Thu Sep 24, 2020 7:52 pm
Forum: Personal Investments
Topic: Old DGI to set it and forget it FZORX and one more?
Replies: 8
Views: 480

Re: Old DGI to set it and forget it FZORX and one more?

Agreed on everything lakpr said. Another reason to not hold FZROX in taxable is it can only be held @ Fidelity, so if you ever want to transfer it out (say when you get 100k in it and want to take advantage of the BoA 5% cash back credit card) then you would have to sell it to move it, causing taxes.
by zie
Thu Sep 24, 2020 7:40 pm
Forum: Personal Consumer Issues
Topic: Small Travel Trailer Advise needed
Replies: 44
Views: 2562

Re: Small Travel Trailer Advise needed

My wife and I are retired. (me 70, wife 66). Thinking about buying a small travel trailer we can pull behind our 2016 Toyota Highlander. Highlander is rated for 5000 lbs tow capacity. I am having a difficult time determining the weight I can safely tow. Looks like 3000 to 3500 lbs? It depends on th...
by zie
Wed Sep 23, 2020 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: How to discuss with HR that I live in multiple places...
Replies: 28
Views: 4070

Re: How to discuss with HR that I live in multiple places...

If you are currently a florida resident, then you can stay a florida resident. You can get a Mail Forwarding Service, to handle your mail in florida and forward it wherever you happen to be that day. AS for telling HR they just have my legal physical address (of a place I've never physically been to...
by zie
Tue Sep 22, 2020 11:03 am
Forum: Personal Investments
Topic: Strategies for scenarios when using taxable with no EF
Replies: 32
Views: 2326

Re: Strategies for scenarios when using taxable with no EF

My job is fairly stable, but being the sole wage earner and college expenses coming up is the main thing holding me back from replacing the EF with the taxable. It looks doable, but I need to come to grips with the plan. Maybe keeping 2 months expenses will split the difference and provide the sani...
by zie
Mon Sep 21, 2020 3:34 pm
Forum: Personal Investments
Topic: Strategies for scenarios when using taxable with no EF
Replies: 32
Views: 2326

Re: Strategies for scenarios when using taxable with no EF

Around cash flow, this is what I do: My paychecks go into my taxable brokerage account. Once a month I transfer next months expenses into my CMA, and pay all bills from the CMA account. So I hold 1-2 months cash at any given time, but I have no other Emergency Fund. My job is very stable, and don't ...
by zie
Fri Sep 18, 2020 9:23 am
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

I've done basically this. In 2006, I sold my house to a family member. In 2014 they started falling behind, as of 2020, they are now a full 2 years behind in payments. They still makes payments on occasion, or smaller than required payments. Luckily my personal financial position is one where I don'...
by zie
Sun Sep 13, 2020 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Debt vs Savings
Replies: 54
Views: 6047

Re: Debt vs Savings

From a math perspective: Looks like your student loan is @ 3.4%(based on 1st post) If you think of your student loan as a bond that costs you 3.4% a year to buy... i.e. a negative bond. Your stock/equities portfolio will *likely* do better than 3.4%/year (at least on average over a decade), but you...
by zie
Fri Sep 11, 2020 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Apps Security- Unauthorized usage
Replies: 7
Views: 604

Re: Apps Security- Unauthorized usage

1) Your phone is more secure than your PC. An app is always more secure than the same company's website (you can't get phished). 2) Who cares if your credit card gets compromised? You aren't on the hook for it. 3) If you have an iPhone look for sites/apps that support Apple Pay, then if the merchan...
by zie
Fri Sep 11, 2020 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Decisons
Replies: 23
Views: 1588

Re: Housing Decisons

I would hate for all that money that I worked hard to save to sit in a low-yield savings account for fifteen years, when I plan on retiring. If you were unsure about whether or not you'll ever purchase a home, what do you do with this cash? Invest all or some of it? Or simply hold on to cash? You c...
by zie
Fri Sep 11, 2020 2:16 pm
Forum: Personal Consumer Issues
Topic: Used Car issues Ohio
Replies: 37
Views: 1861

Re: Used Car issues Ohio

Most used car places that want to also be in business next year, will happily hook it up to their computer and find out what's wrong. They might even fix it if it's not very expensive. But they probably won't do much more than that. It's certainly worth stopping into the dealer and asking the questi...
by zie
Thu Sep 10, 2020 11:30 am
Forum: Investing - Theory, News & General
Topic: VT (Vanguard Total World) Dumb Question
Replies: 6
Views: 874

Re: VT (Vanguard Total World) Dumb Question

I also believe that Total Word does not qualify for the foreign tax credit. It's my understanding that it does sometimes, it just depends on how ex-US is doing, which isn't all that great lately. Whenever the ex-US holdings get > 50% of the fund, it should qualify for the foreign tax credit again.
by zie
Sun Sep 06, 2020 11:45 am
Forum: Personal Investments
Topic: Question about Roth IRA management.
Replies: 8
Views: 437

Re: Question about Roth IRA management.

have you asked them why they are doing all these trades?
by zie
Fri Sep 04, 2020 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Bankrupt Brother Needs Mortgage Help
Replies: 46
Views: 3807

Re: Bankrupt Brother Needs Mortgage Help

I've done something like this. In 2006, I sold my house to a family member. In 2014 they started falling behind, as of 2020, they are now a full 2 years behind in payments. They still makes payments on occasion, or smaller than required payments. The last 2 payments were made in full and mostly on t...
by zie
Fri Sep 04, 2020 8:22 am
Forum: Investing - Theory, News & General
Topic: IPS creation: Which funds to use and when to use them
Replies: 11
Views: 622

Re: IPS creation: Which funds to use and when to use them

Is this IPS planning the distribution phase of life, or for asset accumulation? I'm still in the accumulation phase. I'm not including the actual monthly expenses, but do want to capture the cashflow plans and how to cover my financial life as a whole. I agree that actual spend of $5/mo here and th...
by zie
Thu Sep 03, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: IPS creation: Which funds to use and when to use them
Replies: 11
Views: 622

Re: IPS creation: Which funds to use and when to use them

And remember going forward to post the names of the funds, not just the tickers. Most don't know the Fidelity fund family well enough to know those tickers. Thanks for the feedback! I did list the equivalent @ other brokerages(including vanguard) at the very bottom, including what they were, i.e. F...
by zie
Thu Sep 03, 2020 9:25 pm
Forum: Investing - Theory, News & General
Topic: IPS creation: Which funds to use and when to use them
Replies: 11
Views: 622

Re: IPS creation: Which funds to use and when to use them

Too complicated. My whole portfolio is one portfolio. If upcoming needs justify a more conservative stance, so be it. I prefer to dial up or down risk by adjusting the percentage of stocks versus other assets. Can you give me an example? especially around the "other assets" portion of your sentence?
by zie
Thu Sep 03, 2020 5:05 pm
Forum: Personal Investments
Topic: Personal finance
Replies: 23
Views: 2560

Re: Personal finance

You and I are similar in many ways, except my retirement funds are an order of magnitude smaller, but I also have a govt pension to offset my current lack of retirement funds, and I'm saving 50% of my salary (though it's currently all going towards mortgage pay off since my 40k mortgage debt has a h...
by zie
Thu Sep 03, 2020 4:44 pm
Forum: Investing - Theory, News & General
Topic: IPS creation: Which funds to use and when to use them
Replies: 11
Views: 622

Re: IPS creation: Which funds to use and when to use them

I think you are being too finite. I only ever had 2 categories: your #1-4 and then a separate #5. I would not recommend any stock market exposure for funds needed within the next 5 years. I get lumping 1-4 all together, especially as your net worth gets large enough that a year or more of expenses ...
by zie
Thu Sep 03, 2020 3:20 pm
Forum: Investing - Theory, News & General
Topic: IPS creation: Which funds to use and when to use them
Replies: 11
Views: 622

IPS creation: Which funds to use and when to use them

I'm working on my IPS and trying to come up with a list of funds to use, and when to use them. This is what I have so far. thoughts? We generally have the following expenses one needs to plan for: 1 Monthly regular expenses (rent/mortgage, phone, internet, groceries, etc) 2 semi-annual or annual exp...
by zie
Wed Sep 02, 2020 4:19 pm
Forum: Personal Investments
Topic: Best choice for Fidelity money market funds – which fund?
Replies: 14
Views: 1223

Re: Best choice for Fidelity money market funds – which fund?

FTEXX seems to be the best paying at the moment, that's where my cash @ Fidelity is right now.

I check every few months, whenever I go to buy some more, just to verify. They are all basically the same, but might as well buy the best performing.
by zie
Tue Sep 01, 2020 8:24 pm
Forum: Personal Investments
Topic: Teacher Investment Planning
Replies: 13
Views: 933

Re: Teacher Investment Planning

No need to decide if you will retire at 65 or your rule of 92 or taking an early retirement just yet. Plenty of time to figure all of that out as the years unfold, but staying in PA and getting that pension benefit will be worth it! I disagree with this. They said they want to retire in about 16 ye...
by zie
Tue Sep 01, 2020 12:17 pm
Forum: Personal Consumer Issues
Topic: Have any BHs reduced spending to retire sooner?
Replies: 34
Views: 1587

Re: Have any BHs reduced spending to retire sooner?

If one knows their living expenses, the next part of the calculation is retirement age. One can quibble about the specifics, but the general outline looks something like this: Retiring in one’s late 60s, 4% SWR (all percentages are inflation adjusted) Retiring in one’s early 60s, 3.5% SWR Retiring ...