Search found 2996 matches

by am
Wed Oct 02, 2019 8:21 pm
Forum: Investing - Theory, News & General
Topic: 5% APY? Myconstant.com
Replies: 6
Views: 935

5% APY? Myconstant.com

https://www.myconstant.com/flex?utm_sou ... og_deposit

How does this work? What’s the catch here? Seems too good to be true.
by am
Sat Sep 28, 2019 10:02 pm
Forum: Investing - Theory, News & General
Topic: Make money in 2008: The outlook
Replies: 6
Views: 948

Re: Make money in 2008: The outlook

One thing I’ve learned very well by being a member of this forum for 12 years is stay the course. I get urges to act, latest one to reduce foreign exposure based on all the doom and gloom here. But resisting these urges has served me very well. :sharebeer
by am
Sun Sep 22, 2019 10:23 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 25755

Re: VTIAX International fund - should I give up on it?

How do you know the OP is 80? Yes, Op started the thread but I don't believe has posted since. Poster Munir disclosed his/her age as 80 on page 1. I see. Sleight of hand to make Munir the OP. They aren’t the same hence my confusion. The OP was under 40 I think. Anyway, are we advising people to sel...
by am
Sat Sep 21, 2019 1:49 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 25755

Re: VTIAX International fund - should I give up on it?

OP, Here is a great article from Jonathan Clements regarding diversification. https://humbledollar.com/2019/09/timely-reminder/ "Over the 10 years through August 2009, the large-cap stocks in the S&P 500 shed an average 0.8% a year, even with dividends included. Meanwhile, U.S. value stocks beat U....
by am
Fri Sep 20, 2019 1:19 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 25755

Re: VTIAX International fund - should I give up on it?

Is this cherry picking a starting point? What does this tell us? Don’t invest in international? I think it’s best to diversify outside US because you don’t know what the next 30 years will be like. It is cherry picking no doubt... but the only way to make sense of it is to compare the same sets of ...
by am
Fri Sep 20, 2019 8:43 am
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 25755

Re: VTIAX International fund - should I give up on it?

If you had put $200,000 in the US stock market in 1990 and the same in International... and not added another cent. You would've had over $3 million in the US vs $600,000 in Intl. That is a staggeringly huge difference! The return over a 30 year period was 1.3% real but volatility was much higher t...
by am
Tue Sep 17, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 15
Views: 1185

Re: How much house can we afford?

I don’t get how a couple in late 30s has 1.4 mil in retirement making 200k income? There’s gotta be an inheritance in there.

But to answer your question, you can comfortably afford a 500k house.
by am
Sun Sep 15, 2019 10:00 pm
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 141
Views: 11610

Re: 5% Withdrawal Rate Recommended by US News Columnist

Lower swrs? We may have a huge bond bull market since negative yields have no lower limit. And what do pe 10 and stock valuations mean when bond yields are negative. Who knows what the future holds? It’s difficult to make predictions, especially about the future :D
by am
Sun Sep 15, 2019 1:52 pm
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 141
Views: 11610

Re: 5% Withdrawal Rate Recommended by US News Columnist

Buried in the appendix was the assumption of a 1.67% annual fee (combined AUM and ER) for stocks and 1.6% for bonds. :oops: And prominently displayed was that this fee is “inevitable”. :happy It’s probably accurate as most people have no clue and have to use an adviser. These people who use adviser...
by am
Sun Sep 15, 2019 12:59 pm
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 141
Views: 11610

Re: 5% Withdrawal Rate Recommended by US News Columnist

http://www.fa-mag.com/userfiles/stories ... paper-.pdf

Wow, talk about a downer. If what he says is true, most Americans, pension funds, etc. are in enormous trouble with regards to their future.
by am
Sun Sep 15, 2019 11:13 am
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 141
Views: 11610

Re: 5% Withdrawal Rate Recommended by US News Columnist

True, I am most likely too conservative, but then that's how we (I took care of the money) got to retire at 56. I also have a long term care insurance policy through my employer, but there is no guarantee that will around forever. I just don't want to have to rely on family and I want a daily bath....
by am
Sun Sep 15, 2019 9:47 am
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 141
Views: 11610

Re: 5% Withdrawal Rate Recommended by US News Columnist

Recently retired mid-50's now 57 and we're strictly following a 5% of annual portfolio balance spend with a floor of 3% inflation-adjusted. 70/30AA portfolio which provides about 50% of our total income. "Needs" are about 30% of our total income. We are both active, healthy and having a blast havin...
by am
Sun Sep 15, 2019 7:43 am
Forum: Investing - Theory, News & General
Topic: Oil price going to a $100-- time to change your asset allocation??
Replies: 86
Views: 8305

Re: Oil price going to a $100-- time to change your asset allocation??

Stay the course, ignore the noise. Market may react, but won’t matter long term.
by am
Sat Sep 14, 2019 4:06 pm
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 141
Views: 11610

Re: 5% Withdrawal Rate Recommended by US News Columnist

7% fixed seems like it would allow more spending earlier in retirement and less later in real dollars. This seems ideal since you can do more earlier on. 1 mil would let you spend 70k first year and 91.3% of inflated adjusted amount after 22 years according to last poster. Seems more reasonable than...
by am
Wed Sep 11, 2019 6:31 pm
Forum: Personal Investments
Topic: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt adm VWLUX or High yield VWALX
Replies: 23
Views: 1678

Re: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt VWLTX

COnsider the High Yield Tax Exempt. I have held for many years. Can you explain why this one? I’ve read things about it holding riskier bonds? But the performance looks great!! Added your suggestion to the topic. Thanks. High Yield Tax Exempt (VWALX) is an excellent investment grade municipal bond ...
by am
Sat Sep 07, 2019 4:31 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 662
Views: 49507

Re: Larry Swedroe: 3% is the new 4%

Is it just me, or is the title "3% is the new 4%" nothing more than click bait? I should write an article that says 2.9% is the new 4%. I'm sure I will get lots of clicks for that. It reminds of a joke in the movie "There is something about Marry" regarding 8 minute abs. https://youtu.be/JB2di69Fmh...
by am
Sat Sep 07, 2019 4:04 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 662
Views: 49507

Re: Larry Swedroe: 3% is the new 4%

Is it just me, or is the title "3% is the new 4%" nothing more than click bait? I should write an article that says 2.9% is the new 4%. I'm sure I will get lots of clicks for that. It reminds of a joke in the movie "There is something about Marry" regarding 8 minute abs. https://youtu.be/JB2di69Fmh...
by am
Sat Sep 07, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: A brief report on a meeting with a Chase Private Client Banker
Replies: 22
Views: 4256

Re: A brief report on a meeting with a Chase Private Client Banker

The chase bankers are best to be avoided. When I started investing 12 years ago, I walked into a chase and they “helped” me invest my money into an active Franklin Templeton fund with a 5% load. I discovered bogleheads shortly thereafter and never looked back. My current chase sapphire banker calls ...
by am
Sat Sep 07, 2019 3:38 pm
Forum: Investing - Theory, News & General
Topic: Rethinking the role of bonds in AA
Replies: 28
Views: 3848

Re: Rethinking the role of bonds in AA

Bonds may have great returns if they go into negative yields. No one knows. Never thought total bond market would do as well as it has at such low yields.
by am
Sat Sep 07, 2019 3:30 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 25755

Re: VTIAX International fund - should I give up on it?

To a large extent investing in international funds is a currency play (call it currency diversification if you wish). When the US dollar is in a strong trend (as it is now) international funds will likely lag. When the dollar weakens international funds should do well again. Currency trends can las...
by am
Mon Sep 02, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Small business health plan through ACA question
Replies: 5
Views: 385

Re: Small business health plan through ACA question

I read about small business health plans through the ACA which allow pretax payments and offer comprehensive benefits: https://www.pressreader.com/usa/chicago-tribune/20190902/281788515736574 Does anyone use a such a plan? If so, what would be the costs for say for a middle aged adult and family wi...
by am
Mon Sep 02, 2019 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Small business health plan through ACA question
Replies: 5
Views: 385

Small business health plan through ACA question

I read about small business health plans through the ACA which allow pretax payments and offer comprehensive benefits: https://www.pressreader.com/usa/chicago-tribune/20190902/281788515736574 Does anyone use a such a plan? If so, what would be the costs for say for a middle aged adult and family wit...
by am
Sun Sep 01, 2019 2:49 pm
Forum: Investing - Theory, News & General
Topic: Bond question- sec yield and distrib. Yield
Replies: 15
Views: 861

Re: Bond question- sec yield and distrib. Yield

How quickly does sec yield and distribution yield converge? I mostly care about what I’m going to get next month in income. For making a decision whether to invest right now, I would like to know how slowly will the distribution yield fall. For VWIUX, I just watch it every month. In the distributio...
by am
Sun Sep 01, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: Bond question- sec yield and distrib. Yield
Replies: 15
Views: 861

Re: Bond question- sec yield and distrib. Yield

Thanks helpful explanations. Seems like sec yield tells you where income is going but not very practical. Feel like distribution yield is the key %. I noticed it changes relatively little month to month for the Vang. Muni funds despite interest rates changing. Distribution yield >> sec yield for the...
by am
Sun Sep 01, 2019 12:09 pm
Forum: Investing - Theory, News & General
Topic: Bond question- sec yield and distrib. Yield
Replies: 15
Views: 861

Re: Bond question- sec yield and distrib. Yield

I know sec yield is forward looking and distribution yield is what you get. A little bit off. Distribution was what you got , in terms of taxes. SEC Yield is what you will get, in term of economic returns. I am going to guess that the higher distribution yield was due to 1) rates were higher in the...
by am
Sun Sep 01, 2019 10:09 am
Forum: Investing - Theory, News & General
Topic: Bond question- sec yield and distrib. Yield
Replies: 15
Views: 861

Bond question- sec yield and distrib. Yield

I know sec yield is forward looking and distribution yield is what you get. My understanding is that the distribution yield will converge towards the sec yield assuming rates go unchanged. Does the timing of convergence depend on duration or some other factor? Right now, Vang. Ltd. term muni sec yie...
by am
Sat Aug 31, 2019 12:24 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth article on munis and question
Replies: 38
Views: 2659

Re: Allan Roth article on munis and question

stlutz wrote:
Fri Aug 30, 2019 9:39 pm
What tax bracket are you in? The article is right that munis don't make sense for those in the 24% and below tax bracket right now.
35%.

Last thing I want is my stock funds to tank with munis shortly after. Seems like VWIUX (Vang int muni) is majority AAA/AA so should be ok?
by am
Fri Aug 30, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Outside accounts question on Vanguard site.
Replies: 3
Views: 318

Re: Outside accounts question on Vanguard site.

prudent wrote:
Fri Aug 30, 2019 6:44 pm
Can you have Vanguard link both accounts to your one Vanguard login?
One is a business account under the business name so it would take a lot of work, it’s under the same address.
by am
Fri Aug 30, 2019 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Outside accounts question on Vanguard site.
Replies: 3
Views: 318

Outside accounts question on Vanguard site.

Does anyone know if there is a way to add a second Vanguard site which is for our business to the outside accounts on the VAnguard site through Yodlee? It doesn’t even come up as an option to add another Vanguard login when I go to add outside accounts. I have to manually enter the balance for the f...
by am
Fri Aug 30, 2019 5:37 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 22449

Re: What is your allocation to U.S. and International?

J G Bankerton wrote:
Fri Aug 30, 2019 5:30 pm
Today my 10% VXUS +.54% beat my 90% VTI -.003%; a most unusual day.
Soon we may be saying this about vti beating vxus. It happened before,
by am
Fri Aug 30, 2019 5:34 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth article on munis and question
Replies: 38
Views: 2659

Allan Roth article on munis and question

https://www.etf.com/sections/index-investor-corner/what-you-get-muni-etfs?nopaging=1 I have a low 6 figure investment in Vang. Intermediate. Muni fund at high income bracket. I’m wondering if it makes sense to switch to short to intermediate treasuries? I’m primarily looking for safety since I take ...
by am
Fri Aug 30, 2019 5:25 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 22449

Re: What is your allocation to U.S. and International?

rascott wrote:
Thu Jul 25, 2019 1:26 pm
I've never been more than 25% Intl. I'm currently at nearly 0% (well actually maybe like 5%).

I'll add it back in when there are any signs of life from the developed Intl markets.


It’s going to be too late at that point. Set a plan and stick with it.
by am
Fri Aug 30, 2019 3:50 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 25755

Re: VTIAX International fund - should I give up on it?

Today might be the start of international outperforming us :D

Vxus (total international): + .54%

Vti (total us): -.03%
by am
Thu Aug 29, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4095
Views: 770757

Re: What's Your Credit Card Rewards Strategy?

Chase Reserve ($150 fee after $300 travel credit), 4.5% travel reward (3% x 1.5 using their travel portal), Airport lounge entry, global entry fee covered, primary rental car insurance, emergency travel medical coverage. Fidelity 529 Visa, flat 2% reward Costco CityBank Visa (4% on gas, 3% on eatin...
by am
Thu Aug 29, 2019 9:20 am
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 25755

Re: VTIAX International fund - should I give up on it?

Can’t wait til ex us outperforms and we’ll see threads on here about overweighting international, 100% international, etc. I fear my investing days will be over by the time that happens. Who knows? Who would have thought us bond yields would be at all time lows 6 months ago? I have seen numerous ex...
by am
Thu Aug 29, 2019 9:11 am
Forum: Personal Investments
Topic: Why own individual stocks?
Replies: 103
Views: 12257

Re: Why own individual stocks?

Great majority of stocks do not beat the market performance. Good luck finding those few. And isn’t the wasted time and opportunity cost worth something?
by am
Thu Aug 29, 2019 8:48 am
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 25755

Re: VTIAX International fund - should I give up on it?

Can’t wait til ex us outperforms and we’ll see threads on here about overweighting international, 100% international, etc. Have seen it many times over the years on this forum. I thought that we set a plan and stay the course? If you had international before, no reason to dump it now while it’s “low...
by am
Tue Aug 27, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: REIT's and Rick Ferri
Replies: 60
Views: 9843

Re: REIT's and Rick Ferri

a 10% REIT tilt doesn't result in a meaningful performance difference - either positive or negative blue = 90% US stock market 10% US REITs red = 100% US stock market https://i.imgur.com/x2nZSeD.png I personally think if you're going to allocate to REITs it has to be with higher allocations that wi...
by am
Wed Aug 07, 2019 2:16 am
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 18008

Re: Why Mr. Bogle prefers U.S stocks

I’ve been a member of bogleheads for more than a decade and have seen these types of threads pop up where people try to justify moving more money to the hot investment, or moving away from the cold one (international). Essentially performance chasing and recency bias. My experience tells me to stay ...
by am
Wed Jul 31, 2019 1:08 pm
Forum: Personal Investments
Topic: Fidelity ZERO funds now available via BrokerageLink
Replies: 20
Views: 1760

Re: Fidelity ZERO funds now available via BrokerageLink

The fees for the other fidelity index funds are almost negligible. I am a bit concerned about the indexes these zero funds follow and possible tracking error in the future. Plus fidelity is a profit motivated firm and I wonder what future surprises these funds will hold? Do you think that other ind...
by am
Wed Jul 31, 2019 8:06 am
Forum: Personal Investments
Topic: Fidelity ZERO funds now available via BrokerageLink
Replies: 20
Views: 1760

Re: Fidelity ZERO funds now available via BrokerageLink

The fees for the other fidelity index funds are almost negligible. I am a bit concerned about the indexes these zero funds follow and possible tracking error in the future. Plus fidelity is a profit motivated firm and I wonder what future surprises these funds will hold?
by am
Wed Jul 31, 2019 8:03 am
Forum: Personal Investments
Topic: GBTC [bitcoin-linked unregistered OTC security]
Replies: 11
Views: 740

Re: GBTC [bitcoin-linked unregistered OTC security]

I changed the topic title to reflect that GBTC is not an ETF and is not registered with the SEC. There are some previous discussions regarding GBTC here and here . -- Moderator oldcomputerguy Trades at a huge premium to nav, extremely high expenses, see above for further negatives, plus based on bi...
by am
Mon Jul 29, 2019 3:13 am
Forum: Personal Investments
Topic: Investing in a non-qualified plan
Replies: 16
Views: 1057

Re: Investing in a non-qualified plan

I use my non gov 457b but work for a top rated health care system with good financials. Good distribution options and investments. For 11k reduction in take home pay, I get 19k put into the account. The money isn’t mine so MY creditors can’t get at it. It’s a small % of my retirement pie. It’s worth...
by am
Mon Jul 29, 2019 3:03 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18866

Re: Laid Off - Want to Retire / Am I OK

Classic humblebrag post where OP has way more than he needs. When you expenses are 100k+, in the worst 1% of outcomes, can always lower spending. But shouldn’t be an issue with 6 mil assets and SS.
by am
Sun Jul 21, 2019 3:17 pm
Forum: Personal Investments
Topic: Wealthfront cash account 2.57% APY
Replies: 11
Views: 1184

Re: Wealthfront cash account 2.57% APY

Yield chasing over 10,20,30 basis points is a loser. You have to open new accounts, risk rates dropping, identity theft, complicating your financial life, complicating matters for heirs, etc. 30 basis points on 100k is 300 bucks. After tax it will be less, for some of us 1/2.
by am
Sun Jul 21, 2019 10:54 am
Forum: Personal Investments
Topic: Wealthfront cash account 2.57% APY
Replies: 11
Views: 1184

Re: Wealthfront cash account 2.57% APY

Jags4186 wrote:
Sun Jul 21, 2019 10:38 am
am wrote:
Sun Jul 21, 2019 10:06 am
Will this rate last or is this a short term rate to draw In customers?
You should call and ask them.
As if they’d admit it’s a teaser rate :D

It’s yielding more than mm at vanguard, makes me think difference is coming out of their profits, but not for long.
by am
Sun Jul 21, 2019 10:16 am
Forum: Investing - Theory, News & General
Topic: Are index funds becoming too popular?
Replies: 11
Views: 1746

Re: Are index funds becoming too popular?

There are investors who don’t believe index funds are superior to active management despite the evidence.

When we get poor market returns, index funds will be abandoned by all the people who jumped on the bandwagon of this bull market.
by am
Sun Jul 21, 2019 10:13 am
Forum: Personal Investments
Topic: Voyager Select vs Flagship
Replies: 14
Views: 1645

Re: Voyager Select vs Flagship

I’m thinking that my flagship level will carry over to my kids when they inherit their ugma/utma accounts which will make them fee free for them to hold at the relatively low balances? Plus they can day trade their vanguard accounts for free for the first 25 trades :D . But then they’ll know that da...
by am
Sun Jul 21, 2019 10:06 am
Forum: Personal Investments
Topic: Wealthfront cash account 2.57% APY
Replies: 11
Views: 1184

Re: Wealthfront cash account 2.57% APY

Will this rate last or is this a short term rate to draw In customers?
by am
Sun Jul 14, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Did rockstarfinance.com sell their domain? It's trash now.
Replies: 18
Views: 2309

Re: Did rockstarfinance.com sell their domain? It's trash now.

I find this discussion quite fascinating, as I put an offer in on the site at one point. I thought it was overpriced. Apparently I was wrong as ESI doubled his money in less than 2 years. At any rate, a lot of the value of a website is residual value from stuff written months and years ago that sti...