Search found 2324 matches

by pascalwager
Wed Mar 27, 2024 1:06 am
Forum: Investing - Theory, News & General
Topic: Original proponent of the 30/70 allocation?
Replies: 86
Views: 13613

Re: Original proponent of the 30/70 allocation?

A Javier Estrada study showed that 100/0 thru 40/60 had low failure rates, but not for 30/70, 20/80, 10/90, 0/100.
by pascalwager
Sun Mar 24, 2024 1:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

Vulcan wrote: Sat Mar 23, 2024 10:20 pm
pascalwager wrote: Sat Mar 23, 2024 9:44 pmIf my card allows this, I may give myself a time buffer so I have the opportunity to correct any shortfall.
I never saw a card that didn't allow this.
I just checked and my card seems to allow only "Due Date Payment". Also, "Last Statement Balance" is the only choice, other than minimum payment. So, the "time buffer" doesn't apply in my case.

(In order to do the check, I had to delete my original auto-setup.)
by pascalwager
Sun Mar 24, 2024 12:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

Vulcan wrote: Sat Mar 23, 2024 10:20 pm
pascalwager wrote: Sat Mar 23, 2024 9:44 pmIf my card allows this, I may give myself a time buffer so I have the opportunity to correct any shortfall.
I never saw a card that didn't allow this.
Mine does too. I'm set up for "Last Statement Balance" right now. There's also an "Outstanding Balance" option that I may use in the future.
by pascalwager
Sat Mar 23, 2024 9:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

Vulcan wrote: Sat Mar 23, 2024 3:10 pm
pascalwager wrote: Sat Mar 23, 2024 1:04 pm Are there options, for example, to pay either Last Statement Balance or Outstanding Balance?
Last statement balance or minimum payment.

I set up "Last statement balance, on due date", and it automatically applies any credits from returns towards the balance before charging the payment.
Thanks, I had no idea. If my card allows this, I may give myself a time buffer so I have the opportunity to correct any shortfall.
by pascalwager
Sat Mar 23, 2024 1:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

ACH pull takes about a week to settle. A push from Ally when I need to move money in that direction (which is rarely anymore) is delivered next day and available the day after. Can’t make a contribution to my Roth IRA at Vanguard directly. Still a decent HYSA option, but nothing more. I’m staying with my Fidelity CMA for the duration. Inability to directly contribute to IRA is an inconvenience, but a once-a-year one. Push to Ally (or another external checking) settles next day, and then I can contribute from there. Otherwise, 100% of my monthly utilities, credit card (including BofA) and insurance bills are auto-deducted from CP with no need to micromanage and no risk of overdraft suddenly not working that has been reported for CMA from ti...
by pascalwager
Sat Mar 23, 2024 12:49 pm
Forum: Investing - Theory, News & General
Topic: Buy and Hold Forever
Replies: 22
Views: 3672

Re: Buy and Hold Forever

Buy and hold except when you need to spend. But after spending, immediately return to buy and hold. And when you spend, do so in proportion to the existing portfolio percentages.
by pascalwager
Thu Mar 21, 2024 9:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

I've been trying to move money from my Vanguard Brokerage Account Settlement Fund to Cash Plus, but gave up after two days of trying everything. In the end, I resorted to (initiating) moving the money to my bank checking account by ACH and will then move it to Cash Plus sometime next week by ACH. They have moved 43% of the money to my bank (or somewhere), but the rest remained behind in my brokerage (taxable) settlement fund. The reason I'm discussing this is that the problems began when I initially attempted to move the money into CP. Well, my bank received 100% of the redemption, but Vanguard still shows 57% in the settlement account. Embarrassing to admit, but it looks like the "57%" was actually an equity fund dividend. The t...
by pascalwager
Wed Mar 20, 2024 10:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

anagram wrote: Wed Mar 20, 2024 1:33 pm
pascalwager wrote: Wed Mar 20, 2024 11:45 am CashPlus APY is 4.7% and Brokerage Cash Deposit APYs are only 3.7%. Seems like they're wanting to discourage using the latter for storing lots of cash.
No, it is not Brokerage Cash Deposit, it is Vanguard Cash Deposit. CP and Vanguard Cash Deposit are two entirely different things. Also the Brokerage Settlement fund is 5.27% currently.
The Brokerage Settlement Fund can be either Vanguard Federal MMF (APY 5.27%) or Vanguard Cash Deposit (APY 3.7%).
by pascalwager
Wed Mar 20, 2024 10:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

CashPlus APY is 4.7% and Brokerage Cash Deposit APYs are only 3.7%. Seems like they're wanting to discourage using the latter for storing lots of cash. No, it is not Brokerage Cash Deposit, it is Vanguard Cash Deposit. CP and Vanguard Cash Deposit are two entirely different things. Also the Brokerage Settlement fund is 5.27% currently. Brokerage account holders have a choice between "Vanguard Cash Deposit" and Federal MMF. No, Vanguard Cash Deposit does have an APY of 3.7%. And yes, Cash Plus does have an APY of 4.7%. Right, it is "Vanguard Cash Deposit", not "Brokerage Cash Deposit". https://investor.vanguard.com/investment-products/vanguard-cash-deposit Yes, that's correct. I meant "brokerage Cash Depos...
by pascalwager
Wed Mar 20, 2024 10:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

I'm using CP. I wish IRS, EFTPS and others would work. I hold out little hope they ever will. Yeah, but I am cutting down on so many extra transactions annually by foregoing the need to micromanage checking/savings that getting a tax refund once a year into a secondary checking is not even a consideration. I juggle multiple checking accounts anyway for separation purposes (one for main cash flow, three for ATM/checkwriting (doesn't have to be three, but I have them), and one for PayPal/Venmo). And CP makes me a happy camper for the main cash flow account. Have you experienced the 7-day hold yet on incoming money? Is this standard practice for online savings accounts? The 7 day hold happens if I pull from external account (initiate on the C...
by pascalwager
Wed Mar 20, 2024 10:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

anagram wrote: Wed Mar 20, 2024 1:33 pm
pascalwager wrote: Wed Mar 20, 2024 11:45 am CashPlus APY is 4.7% and Brokerage Cash Deposit APYs are only 3.7%. Seems like they're wanting to discourage using the latter for storing lots of cash.
No, it is not Brokerage Cash Deposit, it is Vanguard Cash Deposit. CP and Vanguard Cash Deposit are two entirely different things. Also the Brokerage Settlement fund is 5.27% currently.
Brokerage account holders have a choice between "Vanguard Cash Deposit" and Federal MMF. No, Vanguard Cash Deposit does have an APY of 3.7%. And yes, Cash Plus does have an APY of 4.7%.
by pascalwager
Wed Mar 20, 2024 11:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

CashPlus APY is 4.7% and Brokerage Cash Deposit APYs are only 3.7%. Seems like they're wanting to discourage using the latter for storing lots of cash.
by pascalwager
Wed Mar 20, 2024 11:33 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

ACH pull takes about a week to settle. A push from Ally when I need to move money in that direction (which is rarely anymore) is delivered next day and available the day after. Can’t make a contribution to my Roth IRA at Vanguard directly. Still a decent HYSA option, but nothing more. I’m staying with my Fidelity CMA for the duration. Inability to directly contribute to IRA is an inconvenience, but a once-a-year one. Push to Ally (or another external checking) settles next day, and then I can contribute from there. Otherwise, 100% of my monthly utilities, credit card (including BofA) and insurance bills are auto-deducted from CP with no need to micromanage and no risk of overdraft suddenly not working that has been reported for CMA from ti...
by pascalwager
Wed Mar 20, 2024 2:40 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

pascalwager wrote: Mon Mar 18, 2024 7:51 pm
pascalwager wrote: Sat Mar 16, 2024 9:29 pm I've been trying to move money from my Vanguard Brokerage Account Settlement Fund to Cash Plus, but gave up after two days of trying everything.

In the end, I resorted to (initiating) moving the money to my bank checking account by ACH and will then move it to Cash Plus sometime next week by ACH.
They have moved 43% of the money to my bank (or somewhere), but the rest remained behind in my brokerage (taxable) settlement fund. The reason I'm discussing this is that the problems began when I initially attempted to move the money into CP.
Well, my bank received 100% of the redemption, but Vanguard still shows 57% in the settlement account.
by pascalwager
Wed Mar 20, 2024 2:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

slondr wrote: Tue Mar 19, 2024 5:14 pm Have any Cash Plus users connected their account to Privacy.com for their debit cards? I'm wondering if it's possible before I jump in.
CP doesn't issue any cards or checks to my knowledge.
by pascalwager
Tue Mar 19, 2024 2:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

I want to avoid keeping money in the CP bank sweep due to concerns about possible bank failures. So, I move money into VUSXX (98.7% Treasury Bills) right away, but it has a $3k minimum.

Bill Bernstein alludes to this in "Four Pillars": Favoring Treasuries over bank cash for maximum preservation.

Also, I live in a high-tax state.
by pascalwager
Mon Mar 18, 2024 7:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

pascalwager wrote: Sat Mar 16, 2024 9:29 pm I've been trying to move money from my Vanguard Brokerage Account Settlement Fund to Cash Plus, but gave up after two days of trying everything.

In the end, I resorted to (initiating) moving the money to my bank checking account by ACH and will then move it to Cash Plus sometime next week by ACH.
They have moved 43% of the money to my bank (or somewhere), but the rest remained behind in my brokerage (taxable) settlement fund. The reason I'm discussing this is that the problems began when I initially attempted to move the money into CP.
by pascalwager
Sun Mar 17, 2024 3:49 pm
Forum: Investing - Theory, News & General
Topic: Great news! No more [fixed real estate] agent commission
Replies: 238
Views: 22630

Re: Great news! No more [fixed real estate] agent commission

I've had realtors offer to sell my home for a 1% realtor fee.
by pascalwager
Sun Mar 17, 2024 1:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

New here. Interested in the Vanguard Cash Plus account for parking lots of money (75k+) to sit and earn 4.7% interest, while still having the funds within a couple days access. I previously was using Discover Bank at 4.3, and while there was nothing wrong with it, decided to go for a higher rate with Wealthfront. That only lasted a week. I did not feel comfortable having my money with Wealthfront. Too many things went wrong. Seems like the company is run by a dude in his parents basement. Anyway, as I was looking at new HYSAs such as Marcus and LendingClub, I stumbled upon Vanguard’s CP. I recently transferred my Roth IRA from Schwab to Vanguard, so I like the idea of using Vanguard in multiple ways. My checking is with USAA. - How are the...
by pascalwager
Sat Mar 16, 2024 10:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

retiringwhen wrote: Sat Mar 16, 2024 10:03 pm
pascalwager wrote: Sat Mar 16, 2024 9:29 pm I've been trying to move money from my Vanguard Brokerage Account Settlement Fund to Cash Plus, but gave up after two days of trying everything.

In the end, I resorted to (initiating) moving the money to my bank checking account by ACH and will then move it to Cash Plus sometime next week by ACH.
Taxable brokerage? Does it have different ownership (joint vs. individual?) Is it a trust account? I cannot move money from an Inherited IRA to a joint CP account, but can move from an individual brokerage account to a joint CP account.
No, just me--Individual.
by pascalwager
Sat Mar 16, 2024 9:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

I've been trying to move money from my Vanguard Brokerage Account Settlement Fund to Cash Plus, but gave up after two days of trying everything.

In the end, I resorted to (initiating) moving the money to my bank checking account by ACH and will then move it to Cash Plus sometime next week by ACH.
by pascalwager
Sat Mar 16, 2024 12:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

New here. Interested in the Vanguard Cash Plus account for parking lots of money (75k+) to sit and earn 4.7% interest, while still having the funds within a couple days access. I previously was using Discover Bank at 4.3, and while there was nothing wrong with it, decided to go for a higher rate with Wealthfront. That only lasted a week. I did not feel comfortable having my money with Wealthfront. Too many things went wrong. Seems like the company is run by a dude in his parents basement. Anyway, as I was looking at new HYSAs such as Marcus and LendingClub, I stumbled upon Vanguard’s CP. I recently transferred my Roth IRA from Schwab to Vanguard, so I like the idea of using Vanguard in multiple ways. My checking is with USAA. - How are the...
by pascalwager
Thu Mar 14, 2024 6:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

My personal emphasis is on providing my spending (checking) account with adequate money (pension direct-deposit) to be able to use my debit card and checkbook freely, without concern of overdrafts. Also, I want to have my credit card linked with my checking account for a quick transfer each month to pay my last CC statement balance. All of this is what I've had at my local bank for a long time. Recently, my financial situation changed, and I may begin to have more monthly unspent cash in my checking account. I recently funded my new Cash Plus account with this unspent cash and will soon move the money into the Treasury MMF. This is how I expect to use the Cash Plus account. I don't particularly want to keep my cash account at an investment...
by pascalwager
Thu Mar 14, 2024 1:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

My personal emphasis is on providing my spending (checking) account with adequate money (pension direct-deposit) to be able to use my debit card and checkbook freely, without concern of overdrafts. Also, I want to have my credit card linked with my checking account for a quick transfer each month to pay my last CC statement balance. All of this is what I've had at my local bank for a long time. Recently, my financial situation changed, and I may begin to have more monthly unspent cash in my checking account. I recently funded my new Cash Plus account with this unspent cash and will soon move the money into the Treasury MMF. This is how I expect to use the Cash Plus account. I don't particularly want to keep my cash account at an investment ...
by pascalwager
Wed Mar 13, 2024 11:35 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

Vulcan wrote: Mon Mar 11, 2024 10:27 pm
pascalwager wrote: Mon Mar 11, 2024 9:21 pm I need check-writing and a debit card, so I'll need to keep my existing bank checking account and linked, bank credit card (instantaneous transfers).
I never write checks or use debit card from the main checking account as a security precaution.

That CP makes it impossible is a nice security feature for me, not a bug.

I do have several other checking accounts with minimal balances for checks/ATM use.
1) Are the "other" checking accounts ACH'd directly from Cash Plus?
2) Do you have a screen that shows all of your current cash system account totals, and even an overall system diagram?
by pascalwager
Wed Mar 13, 2024 11:11 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

List of institutions where forum members report Cash Plus routing/account number pair is invalid: Treasury Direct Bank of America - some customers with both a credit card and a checking account cannot pay by ACH from another bank Comcast/Xfinity Target Red Card Internal Revenue Service (routing number not recognized by Direct Pay) Add to the list PSE&G Thanks for the addition I will add it. You are the first to report it. PSE&G is an electric and gas utility serving New Jersey correct? I can confirm PSE&G does not currently accept Vanguard Cash Plus routing/account number. PSE&G provides service in parts of NJ and NY. They may also have an alternative automatic payment credit card setting: Comcast/xfinity, for example. One ...
by pascalwager
Mon Mar 11, 2024 11:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

Vulcan wrote: Mon Mar 11, 2024 10:27 pm
pascalwager wrote: Mon Mar 11, 2024 9:21 pm I need check-writing and a debit card, so I'll need to keep my existing bank checking account and linked, bank credit card (instantaneous transfers).
I never write checks or use debit card from the main checking account as a security precaution.

That CP makes it impossible is a nice security feature for me, not a bug.

I do have several other checking accounts with minimal balances for checks/ATM use.
I get it. I'll think about the security angle.
by pascalwager
Mon Mar 11, 2024 9:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

Why would someone put their savings into a 4.7% cash savings account when they could put it into a 5.3% MMF? I think the answer is you cannot ACH out of the brokerage account to pay bills. So Cash Plus offers a decent solution for Vanguard folks. Yes. For us, the use case for CP is as a main cash flow (checking) account: direct deposits come in and all monthly payments come out of it via ACH pulls. Previously, we used Ally for this purpose, and the APR differential between Ally Checking and Ally Savings/Vanguard MMFs would induce the urge to micromanage cash balances. With CP APR > Ally Savings and nearly as high as VMFXX, I no longer feel compelled to micromanage, while still getting attractive yield on cash. We have not encountered any b...
by pascalwager
Mon Mar 11, 2024 12:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

pascalwager wrote: Sun Mar 10, 2024 10:48 am
pascalwager wrote: Sat Mar 09, 2024 7:31 pm upgrade has a 5.21% APY checking account with FDIC coverage through a satellite banks sweep mechanism. For bill pay you need to use Apple Pay or Google Pay. I don't know if that introduces additional expenses.
The 5.21% APY may be for a separate account called Performance Savings rather than checking. It's not clear to me.
Yes, confirmed, but the transfers between the two accounts are instantaneous, and the checking account includes a debit card and the ability to link with other banks, etc.

The 5.21% APY in the savings account requires a minimum $1,000 direct deposit in the checking account.
by pascalwager
Mon Mar 11, 2024 1:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

Do the Vanguard MMFs have a minimum amount rule when writing a check?
by pascalwager
Sun Mar 10, 2024 10:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

pascalwager wrote: Sat Mar 09, 2024 7:31 pm upgrade has a 5.21% APY checking account with FDIC coverage through a satellite banks sweep mechanism. For bill pay you need to use Apple Pay or Google Pay. I don't know if that introduces additional expenses.
The 5.21% APY may be for a separate account called Performance Savings rather than checking. It's not clear to me.
by pascalwager
Sun Mar 10, 2024 3:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

I don't really know how Bill Pays work. My bank has a free version, but I don't use it.

Several years ago, I simply visited all of my payee websites and entered my bank checking account routing/account numbers on their payment screens. In a few cases, I needed to enter my credit card number, instead.

Using Cash Plus, I certainly would not pay for a Bill Pay function and I don't think I would need to.
by pascalwager
Sun Mar 10, 2024 1:26 am
Forum: Investing - Theory, News & General
Topic: What Role/Purpose Do Bonds Play in Your Portfolio
Replies: 55
Views: 5476

Re: What Role/Purpose Do Bonds Play in Your Portfolio

My bond funds may reduce the drawdowns of a 100% stock funds portfolio.
by pascalwager
Sun Mar 10, 2024 12:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

Vanguard writes: "Is this part of my settlement fund? No. The settlement fund in your Vanguard Brokerage Account holds money for making trades. It can be a good place for cash you're waiting to invest, since money moves out of the settlement fund to cover investment purchases. The Vanguard Cash Plus Account is different. It's designed as an alternative to your savings account—a place where you hold money you're intentionally saving." Why would someone put their savings into a 4.7% cash savings account when they could put it into a 5.3% MMF? I guess for the FDIC insurance, but Vanguard seems to be sending a mixed-message by including the MMFs in the savings account. Still, Vanguard seems to consider the MMFs to be mere investment t...
by pascalwager
Sat Mar 09, 2024 7:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

upgrade has a 5.21% APY checking account with FDIC coverage through a satellite banks sweep mechanism. For bill pay you need to use Apple Pay or Google Pay. I don't know if that introduces additional expenses.
by pascalwager
Sat Mar 09, 2024 7:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

stan1 wrote: Sat Mar 09, 2024 6:24 pm
pascalwager wrote: Sat Mar 09, 2024 12:43 pm If the routing number problems are resolved, I may reconsider Cash Plus.
The routing number problems are only associated with a few billers: Xfinity/Comcast, B of A credit cards, US Treasury, and Target Red Card. No one has reported any others.
Unfortunately, Comcast is my internet provider and I also pay my Federal taxes online. I suppose the routing number recognition problem will finally be resolved--maybe one payee at a time, though.
by pascalwager
Sat Mar 09, 2024 7:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

3000 wrote: Sat Mar 09, 2024 6:44 pm
pascalwager wrote: Sat Mar 09, 2024 1:13 am When I travel in the U.S., I like to have both a debit and credit card in case the credit card gets locked; so, I'll probably keep my present bank arrangements and avoid Cash Plus and it's enticing 4.7% interest. In the past, my credit card got locked every time I left my home area. Now I don't even try to use it away from home.

So I'll keep my no-interest checking account and it's direct-deposit, bill-pay, check-writing and connected credit and debit cards.
Can you alert them to your travel on their website? That might help.
Yes, I've been doing that the last few years, but was afraid to test the CC function because someone else, not on the trips, also uses my card.
by pascalwager
Sat Mar 09, 2024 12:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

When I travel in the U.S., I like to have both a debit and credit card in case the credit card gets locked; so, I'll probably keep my present bank arrangements and avoid Cash Plus and it's enticing 4.7% interest. In the past, my credit card got locked every time I left my home area. Now I don't even try to use it away from home. So I'll keep my no-interest checking account and it's direct-deposit, bill-pay, check-writing and connected credit and debit cards. My bank had a travel declaration in the past that I wasn't aware of and that may have caused the locking. Recently they eliminated the travel declaration, and that might eliminate my problem. I need to pay more attention to the bank website info. A debit card allows avoiding high proce...
by pascalwager
Sat Mar 09, 2024 1:13 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

When I travel in the U.S., I like to have both a debit and credit card in case the credit card gets locked; so, I'll probably keep my present bank arrangements and avoid Cash Plus and it's enticing 4.7% interest. In the past, my credit card got locked every time I left my home area. Now I don't even try to use it away from home.

So I'll keep my no-interest checking account and it's direct-deposit, bill-pay, check-writing and connected credit and debit cards.
by pascalwager
Sat Mar 09, 2024 12:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account
Replies: 511
Views: 69601

Re: Vanguard Cash Plus Account

manlymatt83 wrote: Fri Mar 08, 2024 7:33 pm So correct me if I’m wrong, but is the best way to do auto investing in the brokerage account still to just pull from an external bank? Is there actually any realistic use for the cash plus account at this point other than the 4.7% APY if I already have my paycheck going into a Fidelity Brokerage @ 5%?
All you get with Cash Plus is a routing number, account number, and decent interest. Compare those abilities with your Fidelity account.
by pascalwager
Fri Mar 08, 2024 12:40 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets Stocks have been a complete disaster
Replies: 175
Views: 17701

Re: Emerging Markets Stocks have been a complete disaster

Using EM as a bond?

The Stdev of VEIEX is 22.05% since 1995 with a 62.7% max drawdown. It's really a very volatile stock--not at all bond-like.
by pascalwager
Fri Mar 08, 2024 12:27 pm
Forum: Investing - Theory, News & General
Topic: Age 60+ AND retired? What's your asset allocation? What type of bonds/Fixed Inc instruments do you use?
Replies: 65
Views: 10319

Re: Age 60+ AND retired? What's your asset allocation? What type of bonds/Fixed Inc instruments do you use?

Retired

Stocks/Bonds 60/40

Bonds: 50% VFSUX / 48% LTPZ / 2% SCHP

The bonds are duration-matched. I gradually reduce LTPZ and increase SCHP as time passes. VFSUX is a fixed 50%.

I wanted to go with 100% TIPS, but VFSUX was the most appropriate bond fund (short-term credit risk) in one account.
by pascalwager
Fri Mar 08, 2024 12:01 pm
Forum: Investing - Theory, News & General
Topic: Has investing conservatively ever paid off over a career?
Replies: 261
Views: 32863

Re: Has investing conservatively ever paid off over a career?

I was 0/100 (T-bills) for 15 years before I was introduced to stocks and bonds investing at age 53. I'm in retirement now with a good-sized portfolio and no financial problems.
by pascalwager
Fri Mar 08, 2024 11:23 am
Forum: Investing - Theory, News & General
Topic: Maximum risk tolerance
Replies: 45
Views: 4011

Re: Maximum risk tolerance

Javier Estrada studied a reverse glidepath until retirement where it again reversed during retirement and got superior results. For example, starting at 20/80 when young and reaching 80/20 at retirement.
by pascalwager
Tue Mar 05, 2024 3:35 am
Forum: Investing - Theory, News & General
Topic: 90/10 stocks/bonds vs 100% stocks?
Replies: 44
Views: 5688

Re: 90/10 stocks/bonds vs 100% stocks?

Maybe you should just go 100% stocks and keep six months of EF cash on the side.
by pascalwager
Tue Mar 05, 2024 12:57 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets Stocks have been a complete disaster
Replies: 175
Views: 17701

Re: Emerging Markets Stocks have been a complete disaster

EM was a bet that did not pay off because investors did not understand that rule of law underpins all valuations and the bulk of EM are not rule of law countries. The investable world is the Anglosphere, western Europe, Israel in the middle east, Japan, Korea and a few others. Most of the rest of the world is not investable since you are at risk that your assets will be confiscated. Though of course you can be lucky if you get in and out at the right times. Where did you get the facts. You will be surprised by which countries have a good and decent rule of law. The USA is not exactly on top. See.. https://www.theglobaleconomy.com/rankings/wb_ruleoflaw/ Do you think that theglobaleconomy.com is really a reputable source? Really? There is a ...
by pascalwager
Tue Mar 05, 2024 12:51 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets Stocks have been a complete disaster
Replies: 175
Views: 17701

Re: Emerging Markets Stocks have been a complete disaster

EM has a lower correlation to the market, so I don't expect it to outperform. I include it only for diversification, and I'm not disappointed by it's long-term underperformance.
by pascalwager
Mon Mar 04, 2024 8:25 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets Stocks have been a complete disaster
Replies: 175
Views: 17701

Re: Emerging Markets Stocks have been a complete disaster

Bill Bernstein wrote: Mon Mar 04, 2024 7:30 pm "Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell."

--John Templeton
Seems like market timing.
by pascalwager
Sun Mar 03, 2024 12:27 am
Forum: Investing - Theory, News & General
Topic: High Yield Term Bond Ladder Crazy or Genius ?
Replies: 52
Views: 5704

Re: High Yield Term Bond Ladder Crazy or Genius ?

I understand the risk of default and all, but the diversification and fund management should help keeping these to a reasonable amount. Diversification and fund management are things that you don't get with a HY individual bond ladder. As long as you're not doing that, then have a HY allocation via a bond fund if you want one. As long as you're aware of how it's likely to behave in various market conditions. Also note that IBHF is an ETF that follows an index. I don't know if I would index HY. Myself, I use VWEHX. Very very little rated under B (and thus a lower average coupon and YTM than IBHF, but not too shabby at all). Lower expense ratio than IBHF. Active management. Some equity-oriented investors use a 50/50 HY/Treasury combo as thei...
by pascalwager
Sat Mar 02, 2024 2:26 pm
Forum: Investing - Theory, News & General
Topic: How to prove that I am not losing money with bond funds?
Replies: 118
Views: 15096

Re: How to prove that I am not losing money with bond funds?

Bond funds often/always include a statement saying that you can lose money.

I use bonds not to preclude losses, but rather to limit losses compared to stocks, and still present an opportunity for gains.

If your bonds duration is too short for your investment horizon, you may "lose" to reinvestment risk. If too long, you may lose to price risk.