Search found 2696 matches

by Leif
Thu Nov 14, 2019 12:18 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 123
Views: 7241

Re: Investing $140k in cash at 1k per week

Right. And if rates go down one could get a good return. The one year return on BND is something like 11.7%, but that could reverse in a different year. For a long term holding putting the money in intermediate bonds will average greater return and more volatility of return. At this time with a fla...
by Leif
Wed Nov 13, 2019 7:56 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 123
Views: 7241

Re: Investing $140k in cash at 1k per week

With regards to bonds, I asked this question twice here but no one has commented on it: Is there a big difference between buying the BND fund vs holding cash in high yield savings? AFAIK, BND dividend yield has been 2.x for years now. Am I missing something? So my $140K are in FDIC-insured saving a...
by Leif
Tue Nov 12, 2019 5:45 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 123
Views: 7241

Re: Investing $140k in cash at 1k per week

fortfun wrote:
Mon Nov 11, 2019 5:25 pm

William Berstein, an expert in this area, recommends to DCA for no longer than 1 year. You can hear him say this on a podcast by Invest like a Boss.
I believe Bill likes Value Averaging. But that is rarely discussed here.

Value Averaging

Wiki
by Leif
Mon Nov 11, 2019 3:50 pm
Forum: Personal Investments
Topic: Dad is looking to move money out of Fisher Investments...need advice
Replies: 16
Views: 2619

Re: Dad is looking to move money out of Fisher Investments...need advice

It seems that SS will meet most or all of their needs. If this is the case then a high equity allocation is acceptable if the goal is to pass the bulk of the estate to the younger generation and/or charity. I would need to know more about their goals in retirement. But I do agree moving out of Fishe...
by Leif
Sun Nov 10, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: How Have You Planned for Sequence of Return Risk (SOR)?
Replies: 178
Views: 11717

Re: How Have You Planned for Sequence of Return Risk (SOR)?

... If stocks were down, maybe my accounts look like this... $920,000 in stocks and $1,010,000 in bonds... So I pull the extra $40,000 from bonds, but I don't rebalance... So I start the next year with $920,000 in stocks, and $970,000 in bonds. I'm just pulling the money from whichever side is high...
by Leif
Sat Nov 09, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: How Have You Planned for Sequence of Return Risk (SOR)?
Replies: 178
Views: 11717

Re: How Have You Planned for Sequence of Return Risk (SOR)?

Here's how I plan to do it... 5 year CD ladder. Rest in 50/50 stocks/bonds. (at 25x expenses, this would be equal to 40/60 stocks/bonds). Each year, cash out the CD that is expiring, and buy a new 5-year CD using dividends and money from whichever side is higher. If stocks are up, sell stocks. If s...
by Leif
Tue Nov 05, 2019 10:48 pm
Forum: Investing - Theory, News & General
Topic: 2020 I Bonds: what's your plan?
Replies: 19
Views: 1610

Re: 2020 I Bonds: what's your plan?

Sell all. There 5 years will be up.
by Leif
Sun Nov 03, 2019 5:23 pm
Forum: Investing - Theory, News & General
Topic: Nominal or inflation-protected bonds?
Replies: 42
Views: 2774

Re: Nominal or inflation-protected bonds?

I've checked the allocation of nominal vs. TIPS in target date funds. I recall they have little or no TIPS prior to the target date, then after they ramp up TIPS until they reach an "income" allocation portfolio. I retired a few years ago and I have 20% of my fixed income in TIPS (the rest being nom...
by Leif
Sat Nov 02, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 147391

Re: Fidelity as a one stop shop

Looks like there's a new website for managing debit cards off of the cash manager section of the site (fidelitydebitcards.com), I'm able to view ATM and debit limits but not modify them. Thanks for the heads up. It's obvious, but this page is accessed by clicking "Manage Debit Card(s)" in the "Mana...
by Leif
Sun Oct 27, 2019 3:45 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 157
Views: 16335

Re: Ex DFA CIO launches competitor which will also have ETFs

DFA needs to cut their expenses in half to maintain their dominant position IMO. I've been doing some selling of DFA funds in my tIRA and buying similar non-DFA funds in my taxable account. DFA ERs are not too bad for active, but are high compared to indexed. It is one of the reasons I'm making the...
by Leif
Fri Oct 25, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 147391

Re: Fidelity as a one stop shop

MotoTrojan wrote:
Fri Oct 25, 2019 3:37 pm

Other cards are 0% and even have higher rewards...
I'm sure that is true. But my point above was that the Fidelity CC should not be avoided due to the 1% fee if those are the cards (Fidelity CC and debit) that you have.
by Leif
Fri Oct 25, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 147391

Re: Fidelity as a one stop shop

Same here on our Africa trip. Fido debit card worked great at atms. Didn’t use their cc as they charge a transaction fee for international. The international transaction fee is 1%, their reward is 2%, for purchases. You net 1%. Using cash from an ATM from the debit card you net 0%. I only use local...
by Leif
Fri Oct 25, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: [Paul Merriman: This strategy beats a total stock market fund]
Replies: 173
Views: 13377

Re: Paul Merriman article

Random Musings wrote:
Thu Oct 24, 2019 7:23 pm

There is some truth to that. Complexity typically means more components in a portfolio which can result in more second guessing.

RM
And more choices for retirement withdrawal. I love it!
by Leif
Thu Oct 24, 2019 5:07 pm
Forum: Personal Consumer Issues
Topic: Ordering Model Y now - free option on price changes?
Replies: 13
Views: 1667

Re: Ordering Model Y now - free option on price changes?

The order can be edited or canceled for a refund. Any thoughts? Tesla is constantly changing their prices. Regular auto dealers (not the manufacturer) do the same, but it does not have the same visibility as Tesla (they are both manufacturer and dealer). Whether they will increase or decrease price...
by Leif
Thu Oct 24, 2019 3:17 pm
Forum: Personal Investments
Topic: Fido Customer - Fidelity Total Market vs Vanguard Total Market
Replies: 28
Views: 1784

Re: Fido Customer - Fidelity Total Market vs Vanguard Total Market

There is not a trading fee to buy Vanguard ETFs like VTI at Fidelity but not sure if there is no fee to buy Vanguard mutual funds like VTSAX at Fidelity. $75 fee at Fidelity to purchase out of network (i.e., Vanguard) MFs. No fee to sell. The problem with holding Fidelity MF in taxable is potential...
by Leif
Wed Oct 23, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9716

Re: Do you plan to actually spend down your portfolio?

Top priorities are to stay healthy, be happy and have fun. :happy ... The saver mentality is hard to change. I agree. Being retired for a couple of years and my portfolio is increasing. But not surprising with the market. I plan to step up my spending with more travel and getting out of the "studen...
by Leif
Tue Oct 22, 2019 12:03 pm
Forum: Investing - Theory, News & General
Topic: [Paul Merriman: This strategy beats a total stock market fund]
Replies: 173
Views: 13377

Re: [Paul Merriman: This strategy beats a total stock market fund]

Having read the referenced article by Paul, why would anyone think that looking at 5 years of performance is more valuable than the last 80 years? Even more so, looking at segments along those 80 years.
by Leif
Tue Oct 22, 2019 11:09 am
Forum: Investing - Theory, News & General
Topic: [Paul Merriman: This strategy beats a total stock market fund]
Replies: 173
Views: 13377

Re: Paul Merriman article

I did talk with Paul once about his Ultimate Portfolio. I pointed him to the thread here that discusses the simplified version of that. Paul always likes to say if he finds a better portfolio he will change. The thread here is: Ultimate Buy and Hold - 8 slices vs 4 However, he never responded to th...
by Leif
Mon Oct 21, 2019 3:32 pm
Forum: Investing - Theory, News & General
Topic: [Paul Merriman: This strategy beats a total stock market fund]
Replies: 173
Views: 13377

Re: Paul Merriman article

I did talk with Paul once about his Ultimate Portfolio. I pointed him to the thread here that discusses the simplified version of that. Paul always likes to say if he finds a better portfolio he will change. The thread here is: Ultimate Buy and Hold - 8 slices vs 4 However, he never responded to tha...
by Leif
Sat Oct 19, 2019 7:34 pm
Forum: Personal Investments
Topic: Determining One's Starting Account Value for Retirement
Replies: 3
Views: 764

Re: Determining One's Starting Account Value for Retirement

I don't think a lot of precision is needed. I used my last day working, even though my wife was still working. I started a new tab in my portfolio worksheet to track money moving from/to my retirement and investment accounts to my spending account. In addition to my portfolio balance, which of cours...
by Leif
Thu Oct 17, 2019 12:48 pm
Forum: Personal Consumer Issues
Topic: Electric Car Charger - options/Amp settings?
Replies: 42
Views: 2684

Re: Electric Car Charger - options/Amp settings?

I would recommend to charge as fast as possible if it's your only car. You never know when an emergency might come up and you need to leave. Not necessarily good advice. I don’t know the details of the car, weather, or geography, but charging quickly to a useable SOC (state of charge) is fine (eg, ...
by Leif
Thu Oct 17, 2019 12:27 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 157
Views: 16335

Re: Ex DFA CIO launches competitor which will also have ETFs

From the Fund Analysis tab at https://www.morningstar.com/funds/xnas/dfevx/portfolio , Morningstar is putting DFA EM funds under review because they're lifting their cap on single country investments. On Oct. 1, 2019, Dimensional announced that it was removing the country cap that had been in place...
by Leif
Mon Oct 14, 2019 2:04 pm
Forum: Personal Investments
Topic: Finally moving from high yield savings to Vanguard
Replies: 32
Views: 3155

Re: Finally moving from high yield savings to Vanguard

Welcome to the Bogleheads as an active member! Between the two portfolios, I like #2 better, as a starter. But, of course, much depends on your short and long term goals, and how long until you plan to reach those goals. If you are concerned with the currently high equity market levels, and the amou...
by Leif
Mon Oct 14, 2019 11:17 am
Forum: Personal Investments
Topic: How much to hold in cash?
Replies: 54
Views: 8049

Re: How much to hold in cash?

The first answer to almost any investment question is "it depends". I'm retired with some cash flow coming in from investments. I estimate my cash needs over multiple years. It starts with my current cash flow and continues with any insight I can bring to my needs in the future. I have about 1 year'...
by Leif
Sun Oct 13, 2019 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: What’s the proper way to pay yourself in retirement?
Replies: 66
Views: 8208

Re: What’s the proper way to pay yourself in retirement?

Ok, then you can tax gain harvest (TGH) , which is great. But whether you reinvest or not makes no difference in the taxes you need to pay. Just sell/buy up to the tax free limit to give you a higher basis, if you so desire. TGH has no wash sale rules, so no problem on that front.
by Leif
Sun Oct 13, 2019 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: What’s the proper way to pay yourself in retirement?
Replies: 66
Views: 8208

Re: What’s the proper way to pay yourself in retirement?

Leif, <<Reinvesting dividends is not a big issue IMO. The average dividend is around 2%. >> If your taxable account is small, then, it does not matter. In my case, my taxable account is about 500K. That 2% becomes 10K. Then, it affects how much taxes I pay every year when I retire. KlangFool You wi...
by Leif
Sun Oct 13, 2019 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: What’s the proper way to pay yourself in retirement?
Replies: 66
Views: 8208

Re: What’s the proper way to pay yourself in retirement?

Reinvesting dividends is not a big issue IMO. The average dividend is around 2%. So if you are not reinvesting you are essentially putting in a sell order for 2% of your position over the year. If you have capital gains it may be more. If your fund(s) is/are up, and you need the cash, then fine. If ...
by Leif
Sun Oct 13, 2019 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Dropping Interest Rates on High-Yield Savings
Replies: 31
Views: 4590

Re: Dropping Interest Rates on High-Yield Savings

Synchrony has a 2.0% high yield savings if you want FDIC. Vanguard Prime MM is 1.99%, no FDIC, last I looked. For us a 2.0% savings account pays 1.25% after tax at the margin. VMFXX at 1.91% is 1.29% after tax (~80% direct US govt), VUSXX at 1.92% is 1.33% after tax (100% US govt), VMMXX pays gener...
by Leif
Sat Oct 12, 2019 12:58 pm
Forum: Personal Consumer Issues
Topic: Electric Car Charger - options/Amp settings?
Replies: 42
Views: 2684

Re: Electric Car Charger - options/Amp settings?

What is your EV's charge capability? I charge at 40 amps at 240V (9.6kW). I have a 50 amp breaker. The outlet is a NEMA 14-50. It is compatible with the Tesla connector. My 90 kWh battery can easily fully charge overnight. Running a long line is expensive. Unless you are planning for 2 cars charging...
by Leif
Fri Oct 11, 2019 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: What’s the proper way to pay yourself in retirement?
Replies: 66
Views: 8208

Re: What’s the proper way to pay yourself in retirement?

So many variables involved. How much in taxable, how much in retirement, are you collecting a pension, social security, rental income, other income. In many cases the recommendation is drawing from taxable first, then tIRA, then Roth IRA. But that can change if you have a large capital gains in taxa...
by Leif
Fri Oct 11, 2019 1:43 pm
Forum: Personal Investments
Topic: Roth conversion
Replies: 10
Views: 1028

Re: Roth conversion

There are a lot of Roth conversion threads here. I've doing Roth conversions since I retired 2 years ago. There are a number of tax trigger points, in addition to the various tax tiers. Check on these to see if they will impact you with the conversions. If you cannot pay the income tax on the Roth c...
by Leif
Thu Oct 10, 2019 11:38 am
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15865

Re: How many are switching from Fidelity?

That's nice. Only the $75 out of network fee left to address. Most of my business is with Fidelity. If they lose that fee they will get more. Just noticed the fee is now $50. Moving in the right direction at least. However, I don't recall a $50 fee for selling NTF non-Fidelity funds within 90 days....
by Leif
Thu Oct 10, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15865

Re: How many are switching from Fidelity?

The other nice thing about Fidelity is the lack of nuisance fees. Did they do away with their $50 IRA closing/transfer fee? Yes, but that was true before this announcement as well. At least, since Aug 2018 as far as I can tell from previous threads. https://www.bogleheads.org/forum/viewtopic.php?t=...
by Leif
Thu Oct 10, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15865

Re: How many are switching from Fidelity?

stlutz wrote:
Thu Oct 10, 2019 12:17 am
The other nice thing about Fidelity is the lack of nuisance fees.
Did they do away with their $50 IRA closing/transfer fee? They nailed me on that one a number of years ago.
by Leif
Wed Oct 09, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 147391

Re: Fidelity as a one stop shop

I almost always pull from the credit card side. I assume I get an extra day or two of interest on my money, and if something goes wrong, the credit card company is more likely to understand what happened. Recently I deposited a cashier's check, and two personal checks from individuals I never depos...
by Leif
Wed Oct 09, 2019 5:08 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7723

Re: Should I sell or keep my 5 year old depreciated Tesla

If you have concerns about the battery I would keep it just before 8 years or 120,000 miles. That way the new buyer still has some warranty left on the drive train and battery before it expires in case he discovers a problem. That is my current thinking for my Model S. I tend to keep my cars for 10+...
by Leif
Wed Oct 09, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 147391

Re: Fidelity as a one stop shop

I don't know if anyone else has noticed this. But recently I've seen Fidelity clear check deposits quickly. It use to take 4-5 business days for cash available for withdrawal. Now it seems to take 1-2 days. Very pleased to see that. Is your account new? The same thing happened to me when I first op...
by Leif
Tue Oct 08, 2019 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 147391

Re: Fidelity as a one stop shop

I don't know if anyone else has noticed this. But recently I've seen Fidelity clear check deposits quickly. It use to take 4-5 business days for cash available for withdrawal. Now it seems to take 1-2 days. Very pleased to see that.
by Leif
Tue Oct 08, 2019 7:21 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7723

Re: Should I sell or keep my 5 year old depreciated Tesla

I suggest a Model 3, if you don't keep the S. I don't feel I need the size of my Model S. If the 3 existed when I bought my S I would have gone for the 3 instead. When you sell your S you have most of the money you need for a new Model 3 (I know you have the money, but we are Bogleheads). Plus, bein...
by Leif
Sat Oct 05, 2019 2:08 pm
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15865

Re: How many are switching from Fidelity?

I listened to an interesting podcast on Morningstar. They said the result of a "free" trades might be they will outsource their trade which could result in poor buy/sell execution by the third party.

Are No-Commission Trades Good for Investors?
by Leif
Sat Oct 05, 2019 1:42 pm
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15865

Re: How many are switching from Fidelity?

I will not be changing anything. If I could buy Vanguard funds (admiral) at Fidelity for free (no $75 out of network fee) they would get more of my business. I prefer MF to ETFs. Saving $5 on the ETF would not attract me.
by Leif
Sat Oct 05, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Dropping Interest Rates on High-Yield Savings
Replies: 31
Views: 4590

Re: Dropping Interest Rates on High-Yield Savings

Synchrony has a 2.0% high yield savings if you want FDIC. Vanguard Prime MM is 1.99%, no FDIC, last I looked.
by Leif
Wed Oct 02, 2019 12:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2126186

Re: U.S. stocks in free fall

bgf wrote:
Wed Oct 02, 2019 12:30 pm
im just upset one of our contributions cleared yesterday... couldn't wait one more day? :oops:
Me too. Just put my quarterly Roth conversion through yesterday. Could have converted more shares today, but oh well.
by Leif
Tue Oct 01, 2019 4:44 pm
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 9686

Re: Retirees - do you hold extra cash for a bear market?

I aim for around 1 year of residual living expenses in cash. Nothing "extra" for a bear market specifically, but more to handle lumps in my cash needs. I have CDs maturing yearly so that I can replenish from that and perhaps do additional investment if in a bear market. I don't want to need to monit...
by Leif
Mon Sep 30, 2019 8:09 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 157
Views: 16335

Re: Ex DFA CIO launches competitor which will also have ETFs

whodidntante wrote:
Mon Sep 30, 2019 7:42 pm
I also think DFA should lower their expenses. They've been running live funds since 1981.
Their first-mover status has a bald spot and the world changed around them.
Now they a getting real competition maybe they will. I've been replacing my DFA funds with others partly for that reason.
by Leif
Mon Sep 30, 2019 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: SS retirement payment of Medicare premiums
Replies: 9
Views: 1020

Re: SS retirement payment of Medicare premiums

NO. While SS benefits are paid in arrears, Medicare is paid (withheld) in the month it is due. The Medicare pmt withheld in November will be for your November Medicare premium. YES, you will still have to make your October Medicare payment on autopay. Thanks for your one ping answer! That is what I...
by Leif
Mon Sep 30, 2019 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: SS retirement payment of Medicare premiums
Replies: 9
Views: 1020

Re: SS retirement payment of Medicare premiums

As myself and others have done in this situation, just pay what you are billed. The bills will stop coming, the SS deductions will start, and any overpapyments will be refunded to you in the form of a check from the US Treasury. Since I started the autopay I've not been receiving bills. I guess the...
by Leif
Mon Sep 30, 2019 11:24 am
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 157
Views: 16335

Re: Ex DFA CIO launches competitor which will also have ETFs

I was just watching a Morningstar podcast this weekend. In the podcast they mentioned that they are downgrading several DFA funds from Silver to Bronze. They said the reason is that they think DFA should be reducing their expense ratios like others. Perhaps these new ETFs prompted that look into DFA...
by Leif
Sun Sep 29, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: SS retirement payment of Medicare premiums
Replies: 9
Views: 1020

SS retirement payment of Medicare premiums

I'm currently on Medicare. I have been using autopay to make the payments each month. I pay on the 18 of the month. It is due on the 25th. Starting next month I will be on SS retirement. In my case payment is due the third Wednesday of November for October. As I understand it, they will automaticall...
by Leif
Wed Sep 25, 2019 10:29 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 157
Views: 16335

Re: Ex DFA CIO launches competitor which will also have ETFs

I'll let these funds season a bit before I buy them in any account. Then when I do it would be in a Roth, but that's only because I'm selling other funds to raise the money. In a taxable account I would want a longer track record because it might cost a lot to get out, or if the fund liquidates. Al...