Search found 2254 matches

by Leif
Sat Feb 17, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 119
Views: 9655

Re: Retirees: The common sense withdrawal method

Usually you read different methods to determine your maximum SWR. They have various advantages and disadvantages. I'm lucky enough to not need to withdraw at a high rate (such as 4-5%). I just try to keep enough in my checking to handle ongoing expenses, with an eye on my cash flow. I replenish as n...
by Leif
Fri Feb 16, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5584
Views: 1262910

Re: U.S. stocks in freefall

I'm sure some with weak hands were washed out. But that storm was very short. Don't cheer too loudly yet. Like the weather things change.
by Leif
Thu Feb 15, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to put your emergency fund in a short term CD?
Replies: 5
Views: 359

Re: Is it worth it to put your emergency fund in a short term CD?

Ally has a short term no penalty CD. But you can also put the funds in a "high yield" account. But I would go with a high yield savings account. Both are now earning around 1.5%. One thing I never really understood is how, in a raising rate market, they can get customers for a short term CD that pay...
by Leif
Wed Feb 14, 2018 10:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5584
Views: 1262910

Re: U.S. stocks in freefall

My neighbor, who has a PhD in Economics from Harvard, was on TV. When asked if another depression could happen he said yes it could. That put the fear of God in me. Just curious is there any data to support Phd predict future economic cycles? Or Harvard PhD predict future economic cycles? I think t...
by Leif
Wed Feb 14, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5584
Views: 1262910

Re: U.S. stocks in freefall

What would you think of this site if we still hadn't recovered? (Honest question about outcome and strategy.) The strategy is good (stay the course, rebalance), but not fool proof. Larry often talks about confusing outcome with strategy. I think some here (but not enough) are familiar with the Japa...
by Leif
Tue Feb 13, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 96
Views: 10709

Re: Our 'cure' for emergency expenses

It seems your budgeting is very detailed. That is fine, certainly better then no budgeting and finding yourself short. I've always kept a large cash buffer. For me that is 4% of my portfolio. I do 'budget" (plan is probably a better word) my expenses at a gross level. Only larger expenses, and then ...
by Leif
Tue Feb 13, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5584
Views: 1262910

Re: U.S. stocks in freefall

I'm hopeful that this portends good things re: my ability to weather a much larger decline, but obviously won't know for sure until it actually happens. In my experience it is not a single day or week or even a month that challenges your will. It is the steady drumbeat of bad news and declining mar...
by Leif
Mon Feb 12, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7106

Re: I’m not renewing my Costco membership.

I'm not sure it make sense for us either. We probably go about once a month. Its about 15 minutes away so it is fairly convenient. My main issue is the long lines. No express line at Costco. Not in their business model. They want to sell high volume. However, we like the free samples and we have reg...
by Leif
Thu Feb 08, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5584
Views: 1262910

Re: U.S. stocks in freefall

I sold off some IRA stock funds at the beginning of the year. As the market climbed I was thinking, wow what unfortunate timing to sell. Now those funds are below what I sold them at. If they continue to drop I will buy them back.
by Leif
Thu Feb 08, 2018 12:15 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37425

Re: To take or not to take delivery of Tesla 3

^ make sense. Probably most people are aware that the clock is ticking on the federal tax credit. The most expensive options are being done first, except AWD, but that is next. Less profitable, the standard battery, will come in 2019. It might be that if it appears they will lose part of the credit ...
by Leif
Wed Feb 07, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Selling a mutual fund to buy an ETF
Replies: 6
Views: 446

Selling a mutual fund to buy an ETF

I'm planning to sell a mutual fund (bond) to buy an ETF (equity). I've not done that before. As I understand it, mutual fund settles in 3 days while an ETF, like individual stocks, settle in a single day. If I'm correct, and I may not be, does that mean I should sell the mutual fund first and 3 days...
by Leif
Mon Feb 05, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5584
Views: 1262910

Re: U.S. stocks in freefall

TSquare wrote:
Mon Feb 05, 2018 3:34 pm
Dead cat bounce! Hang on folks!
Looks like the cat bounced about 3:15 ET today. But who knows, it may have 8 additional lives.
by Leif
Sun Feb 04, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5584
Views: 1262910

Re: U.S. stocks in freefall

Welcome! We don't look at daily prices. Our investing strategy is a diversified long-term buy and hold approach using low-cost index funds. Speaking only for myself I do look at prices daily (downloaded to a spreadsheet), but rarely act on them. I have a long-term buy, hold, and rebalance approach....
by Leif
Sat Feb 03, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Today was a Really Bad Day
Replies: 278
Views: 46432

Re: Today was a Really Bad Day

A really bad day is one where you or someone you love does not wake up. If you're reading this, you have the opportunity to change things, rebalance, buy, save, eat a bologna sandwich, or watch reruns of "Perry Mason". Personally, I trimmed the bougainvillea bushes and sipped Cuba Libra's with my w...
by Leif
Sat Feb 03, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5584
Views: 1262910

Re: U.S. stocks in freefall

jhfenton wrote:
Fri Feb 02, 2018 9:21 pm

I'm all the way back to January 3rd or 4th! :oops: I haven't looked at our individual holdings, but it's probably because of our hefty international stake. :beer
I checked my portfolio history. I'm back to last year. Lowest since 12/29/17. So much for 2018.
by Leif
Fri Feb 02, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 78
Views: 6034

Re: What's your cash position

The problem with these questions, which pop up periodically, is many have different definitions of cash. Some include ST bonds, CDs, and some don't. I consider cash immediately available without penalty and without risk of loss (excluding buying power (inflation) loss). Checking, savings, money mark...
by Leif
Thu Feb 01, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 3531

Re: Should I join Linkedin?

I get these requests to join from people I don't even know. I got one today. I'm feed up. I just blocked the whole linkedIn.com domain. Hopefully that will do it.
by Leif
Tue Jan 30, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5584
Views: 1262910

Re: U.S. stocks in freefall

Posters sound so calm and are sticking to their plans. That's easy to do with a small dip. We will see how it goes when they get hit in the nose with a 20% drop. They just got a tap on the shoulder. Wait until they get a punch to the mouth. Some will stick it out, many others not. Full disclosure -...
by Leif
Sat Jan 27, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8520

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

Ya I’m on iPhone 6. Can’t think of a good reason to upgrade. Had the battery replaced for 29$ Did you notice any difference after the replacement? I think I'll wait more toward the end of year. My phone and battery seem just fine. But, I hope to keep my 6+ for another 5 years. Apple is suppose to b...
by Leif
Fri Jan 26, 2018 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Cash heavy portfolio
Replies: 28
Views: 2539

Re: Cash heavy portfolio

Just feel this is a somewhat unique time and would like to avoid losing a chunk of my nest egg when the market corrects. It’s easier to handle the drop when you’re already playing with house money. The house takes it's cut, but it is all your money. Given that no one knows the direction of the mark...
by Leif
Fri Jan 26, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Money Markets vs. High Yield Savings
Replies: 12
Views: 1405

Re: Money Markets vs. High Yield Savings

Tech wrote:
Thu Jan 25, 2018 4:26 pm
Can you explain what it meant "7 day yield of 1.45%" ?
It's new to me.

Is it this one?
https://personal.vanguard.com/us/funds/ ... irect=true
Yes. Welcome to the forum!
AVERAGE ANNUALIZED INCOME DIVIDEND OVER THE PAST 7 DAYS
by Leif
Fri Jan 26, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: How do others handle their withdrawals or distributions
Replies: 21
Views: 2707

Re: How do others handle their withdrawals or distributions

My question now is do people here take out $’s in a set amount every month or other month or whatever , or take money out only as needed ? I have a checking account and a "high yield" (HY) savings account. In my checking account I have a range, 5-10K, that I try to maintain. As it moves to the lowe...
by Leif
Thu Jan 25, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: High Yield Savings Account Recommendations?
Replies: 45
Views: 2789

Re: High Yield Savings Account Recommendations?

Blueskies123 wrote:
Thu Jan 25, 2018 2:57 pm
I thought the same thing about Fido until I found FZDXX FIDELITY MMKT PREMIUM CLASS. Yields 1.35%
I was not aware of this fund. $100k initial deposit is a bit of a hurdle. Is there a minimum maintenance?

- Never mind. I found it. $10K minimum maintenance. That is doable. Thanks.
by Leif
Thu Jan 25, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8520

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

I bought a battery for my 5s at one of the mall kiosks and they replaced it for $30 and in 10 minutes. Works like new. Given the problems with some Li-ion batteries are you concerned about the battery? I think from some of the clips of these catching on fire I would rather pay the extra and have Ap...
by Leif
Thu Jan 25, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: High Yield Savings Account Recommendations?
Replies: 45
Views: 2789

Re: High Yield Savings Account Recommendations?

Extrapolating from what we have seen the last few months (MM yield moving from 0.1% to 1.45% while on-line banks move from 0.9% to 1.5% +/-), I just wonder if there is some structural reason that we might expect the yield momentum in MM to carry them past the high-yield account. Pre-crisis, I paid ...
by Leif
Thu Jan 25, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: High Yield Savings Account Recommendations?
Replies: 45
Views: 2789

Re: High Yield Savings Account Recommendations?

With Vanguard Prime money market yielding 1.45% I'm starting to think about moving my funds from my "high yield" savings to Vanguard (Fidelity MM still around 1%). That would certainly be easier to handle then constantly moving funds back and forth. The problem is I'm using Fidelity for my checking ...
by Leif
Thu Jan 25, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Money Markets vs. High Yield Savings
Replies: 12
Views: 1405

Money Markets vs. High Yield Savings

Perhaps many have already noticed, but it seems money markets (MM) are making a come back vs. high yield savings. It is been a while since MM dropped through the floor. At that time I moved my cash to "high yield" (HY) savings. I just noticed that Vanguard Prime MM has a 7 day yield of 1.45%. That m...
by Leif
Wed Jan 24, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 273
Views: 36261

Re: [Yahoo Finance no longer works - Alternatives to download securities quotes]

There is a solution specific to Excel/Mac/2011. See the concept of Web query . Why do we have to go through a text file to store the URL is beyond me, but it works. I investigated a web query, but it seemed like way too many steps. If it is not simple and easy I will not do it. I programmed it in E...
by Leif
Wed Jan 24, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8520

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

I'm with you. I have a iPhone 6+. As long as it remains functional I'm planning to keep it until 5G comes out and is well supported by the carriers. I expect that may be at least another 5 years. My wife is still happy with her 4S (purchased Dec. 2011).
by Leif
Sun Jan 21, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 169
Views: 31563

Re: What's your U.S. : International ratio?

Wow. I thought we can do polls again! Then I saw the OP date.

55:45. Near world equity market.
by Leif
Sun Jan 21, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 8310

Re: Fear of dying with too much money?

It's not so much a fear as a concern. However, I would rather die with too much then too little. Anyway, at this point, I just spend as I want and what is left over may help the next generation. No goal for that, they just get what is left.
by Leif
Sun Jan 21, 2018 4:03 pm
Forum: Personal Consumer Issues
Topic: Medical Appointment Cancellation Policies/Fees
Replies: 36
Views: 2096

Re: Medical Appointment Cancellation Policies/Fees

My wife was planning to transfer to a new doctor. The initial paperwork they have you sign had a long list of fees that can apply for what you would think is standard services. In any case, we informed the receptionist that all these terms were not acceptable to us. We left and found another doctor....
by Leif
Thu Jan 18, 2018 7:17 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37425

Re: To take or not to take delivery of Tesla 3

Someone posted on reddit recently that he has a source saying they've pushed back standard range until September Wouldn't it depend on how much demand they see for the more expensive models? If everyone in the line were to push the "Hold my place, I want the cheap car" button, they would presumably...
by Leif
Thu Jan 18, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 197
Views: 14361

Re: Stats on When People Take Social Security

I'll wait until 70. I'm not planning to buy a annuity, except for an age 70 SS "annuity". With a full COLA, federal tax benefit (not fully taxed), and in my case no state income tax on the benefit (in an otherwise high tax state), it is one of the best you can "buy". If I don't live long then perhap...
by Leif
Thu Jan 18, 2018 1:05 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27171

Re: Hitting The Sell Button

“The last two years of the bull markets are the best,” he said. “The minimum return of the last two years of the U.S. cycle is 30% minimum. So it’s very, very dangerous to be out of the market.” OK. So the question is when did or when will the 2 year period start? I didn't read the link, but I'm gu...
by Leif
Thu Jan 18, 2018 12:58 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37425

Re: To take or not to take delivery of Tesla 3

Woot woot! I got my invite to configure with an estimated delivery of February if I got the long range, though I'm holding out for the standard range. So do you hold your place in line if you wait? Presumably there are others in line in front of you waiting on standard range or all wheel drive. I d...
by Leif
Tue Jan 16, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 94
Views: 7679

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

Feels like a sugar high powered by tax cuts and a late bull (people finally deciding they don't want to any longer miss the bull market). That said it is exhilerating running with the bulls.
by Leif
Tue Jan 16, 2018 12:27 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20115

Re: Anyone disenchanted with retirement?

A bit boring so far. But when my wife retires I expect we will do a lot more traveling.
by Leif
Mon Jan 15, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 197
Views: 14361

Re: Stats on When People Take Social Security

sunny_socal wrote:
Mon Jan 15, 2018 11:44 am
I'll be pleasantly surprised if the SS system is still around when I'm old enough to get back my $$.
Interesting. I was telling others the same thing about 30 years ago.
by Leif
Sat Jan 13, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest Emergency Fund
Replies: 11
Views: 795

Re: Where to Invest Emergency Fund

Emergency fund should not contain stock. Emergency fund is most need when stocks are dropping, and economy is in a dive, and you have lost your job.

I use Synchrony bank high yield account paying 1.45%. Many here use Ally. FDIC insured up to $250K per individual.
by Leif
Fri Jan 12, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27171

Re: Hitting The Sell Button

You can almost hear the click, click, click of the roller coaster climbing up. I sold last week and of course my greed makes me regret that. But I know these things cannot be timed.
by Leif
Thu Jan 11, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 249
Views: 35773

Re: Fidelity free Turbotax

I bought TT Home & Business. Last year it was a breeze getting Fidelity to reimburse. This year was a different story. They kept telling me that Fidelity has "tightened up" on their TT reimbursement. I'm not sure if it was that or just the people I happened to talk to. I had to speak to a supervisor...
by Leif
Tue Jan 09, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity charges to close accounts!
Replies: 65
Views: 22877

Re: Fidelity charges to close accounts!

LiveSimple wrote:
Tue Jan 09, 2018 6:21 am
Folks, really does $50 matters, when you transfer your assets worth more.
We are Bogleheads!
by Leif
Mon Jan 08, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: Living on Dividends and Interest
Replies: 58
Views: 7447

Re: Living on Dividends and Interest

No problem with living on dividends and interest. A problem can occur, however, if you reach for additional dividends through stocks that pay high dividends. They may be doing that at the expense of growth opportunities. Or if you invest in high yield (junk bonds) to reach for additional interest. T...
by Leif
Sun Jan 07, 2018 11:39 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37425

Re: To take or not to take delivery of Tesla 3

I can understand about the FSD disappointment. To me, having safe adaptive cruise control, lane keeping, and decent automatic lane changing now with included updates in the pipeline is worth 5k. It's like having a chauffeur for the highway. Adaptive cruise control (Tesla calls it TACC, Traffic Awar...
by Leif
Sun Jan 07, 2018 11:26 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37425

Re: To take or not to take delivery of Tesla 3

The status of FSD and EAP is apparently a known issue amongst the Tesla community and the rumor is there will be a big sw upgrade in first half of this year. I would be inclined to buy it in expectation of improvements. I also understand the practical considerations for limiting speed in turns etc....
by Leif
Sun Jan 07, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37425

Re: To take or not to take delivery of Tesla 3

Does anyone who has reserved or configured one have thoughts about whether autopilot is worth purchasing prior to delivery ($5k prior to delivery; $6k afterwards). I’m thinking it probably is because unlike the hardware in the car, the $5,000 initial cost doesn’t depreciate - it actually makes the ...
by Leif
Fri Jan 05, 2018 10:54 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27171

Re: Hitting The Sell Button

A lot of these posts sound like market timing disguised as rebalancing. Is this rebalancing to your pre-determined AA or a new AA because the market is "frothy" in your view? The market can get a lot more frothy, as we were shown that in 2000. The important point is to stick with your IPS, even whe...
by Leif
Thu Jan 04, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27171

Re: Hitting The Sell Button

I am out of carryover losses and have now reached the end of my 10-year "window of risk" following ER at 55. My plan is to not re-balance any more on the upside and allow my equity allocation to drift upward if the market continues to go up. Interesting. I'm doing the exact opposite. I'll take prof...
by Leif
Thu Jan 04, 2018 1:24 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27171

Re: Hitting The Sell Button

It is feeling frothy. But even Greenspan talked about "Irrational Exuberance" a couple of years before the market hit the brakes. But who knows. I just did some selling this week. Just a small "trim". Both taxable and tax deferred. I wanted to sell late last year. I waited to avoid the CG for a year...