Search found 1215 matches

by feh
Tue Jul 17, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 87
Views: 5501

Re: Families - What's your total annual credit card spend?

$20-25K per year, family of 3.

I'm shocked at how much money people posting in this thread spend per year.
by feh
Sun Jul 15, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you who handle all the finances, how do you keep your spouse "in the know"
Replies: 107
Views: 12614

Re: For those of you who handle all the finances, how do you keep your spouse "in the know"

Jags4186 wrote:
Sun Jul 15, 2018 10:53 am
I guess what I should really do is create a new joint e-mail account and change all of our financial accounts to that e-mail address.
This is what we have done. It's simply an address that gets forwarded to both of our personal email addresses.
by feh
Sat Jul 14, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you who handle all the finances, how do you keep your spouse "in the know"
Replies: 107
Views: 12614

Re: For those of you who handle all the finances, how do you keep your spouse "in the know"

So how do you all who handle all of the minutia of your household finances keep your spouse up to date with online points of access? What system do you use? I've written documents detailing: - how our portfolio is constructed and why - list of accounts and their purpose- - tax considerations - wher...
by feh
Sat Jul 14, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 13202

Re: Early retirement

I retired early. I've had some very interesting interactions with people when they find out I've done so. Some are socially awkward, some rude, some confused and other bizarre reactions. Has anyone else experienced what I have? I switched to part time 2 years ago, at age 50. I could retire fully if...
by feh
Sat Jul 14, 2018 8:26 am
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 48
Views: 4420

Re: yield curve inversion

There is one action I will probably take if the 2/10 year spread continues to narrow - sell my bank loan fund. I purchased it a few years ago to spice up my fixed income dividends. Such funds tend to dip during recessions.
by feh
Fri Jul 13, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: what is the historical real return of total bond?
Replies: 15
Views: 1294

Re: what is the historical real return of total bond?

Seriously, if we're talking about fixed income, there may not be many good options for earning a positive real return while interest rates are rising. Probably the best would be short-term TIPS held to maturity. There are currently a few five year CDs out there offering rates above 3%, and the infl...
by feh
Fri Jul 13, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: what is the historical real return of total bond?
Replies: 15
Views: 1294

Re: what is the historical real return of total bond?

Added: Found this on the web. It's corrected for inflation. It looks right. It's still a two-humped camel, but at least the humps are roughly equal in height. I still can't feel any confidence in any kind of extrapolation. http://3.bp.blogspot.com/-EKmeHRIqhCg/T4JJl-qcg8I/AAAAAAAABUo/epY9MooaYu0/s1...
by feh
Fri Jul 13, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 48
Views: 4420

Re: yield curve inversion

by feh
Fri Jul 13, 2018 7:38 am
Forum: Investing - Theory, News & General
Topic: what is the historical real return of total bond?
Replies: 15
Views: 1294

Re: what is the historical real return of total bond?

To the OP, take a look at recent history, where interest rates started low and have been slowly rising, all while inflation has been historically low as well. The annualized real return of TBM from Jan., 2012, through June, 2018, was -.68%. The "bond party" may be over for a while. It's a bummer th...
by feh
Thu Jul 12, 2018 9:11 pm
Forum: Investing - Theory, News & General
Topic: what is the historical real return of total bond?
Replies: 15
Views: 1294

what is the historical real return of total bond?

As of today, using rough numbers of 2% inflation and 3% for the dividend on total bond funds, we have a real return of 1%.

My question is - how does this compare to historical returns? Does anybody have a source for a graph of real returns for the common total bond funds?

Thanks.
by feh
Thu Jul 05, 2018 3:08 pm
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 48
Views: 4420

Re: yield curve inversion

Thought readers of this thread might be interested:

https://www.marketwatch.com/story/heres ... 2018-07-05
by feh
Wed Jul 04, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: If you tilt toward Small Cap Value, how much do you tilt?
Replies: 38
Views: 2579

Re: If you tilt toward Small Cap Value, how much do you tilt?

danielc wrote:
Wed Jul 04, 2018 12:28 am

My plan is to have 2/3 of my US stocks in Total Stock Market and 1/3 in Small Cap Value.
This is the ratio we use. Same for ex-US.
by feh
Wed Jul 04, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 48
Views: 4420

Re: yield curve inversion

balbrec2 wrote:
Wed Jul 04, 2018 10:16 am
I think we can look at an inverted yield curve as a heads up.
Something is askew, but exactly what or when remains to be seen.
+1

I am not a market timer, but I am keeping an eye on the 2/10 year spread.

https://ycharts.com/indicators/210_year ... eld_spread
by feh
Tue Jul 03, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: Recommend a vehicle for $24,000 or less
Replies: 47
Views: 3775

Re: Recommend a vehicle for $24,000 or less

Take a trip to your local Subaru dealer. The Impreza, Outback, Forester and Legacy sedan are all options.
by feh
Mon Jul 02, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Insight Card (APY 5%) full personal review
Replies: 63
Views: 6941

Re: Insight Card (APY 5%) full personal review

In the past, I had to xfer the quarterly interest from savings to the card. Given they are closing these accounts, they have already xfered whatever was in your savings acct to the card, so that is not necessary. Thus, I was able to initiate a transfer to my online bank without doing anything on the...
by feh
Mon Jul 02, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 58
Views: 4491

Re: What is your one favorite Fidelity Fund??

FSTVX domestic
FSGDX ex-US
by feh
Thu Jun 28, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: how often does high ACT score == scholarship?
Replies: 102
Views: 9801

Update:: how often does high ACT score == scholarship?

If you live in Wisconsin, and UW Madison has your degree, and you can get in, there is almost no reason NOT to go there (barring a full ride from Stanford, MIT, Caltech, etc.). Unfortunately, the OP child isn't likely getting a full ride from those places. He did in fact choose UW Engineering. The ...
by feh
Thu Jun 21, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 32406

Re: What is/ was your career and would you recommend it now?

bert09 wrote:
Thu Jun 21, 2018 10:21 am
Software engineer - I would absolutely recommend it.
+1
by feh
Tue Jun 19, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: Carpet Installers- Tipping?
Replies: 22
Views: 1642

Re: Carpet Installers- Tipping?

Nope.

Perhaps such tipping is more common in large cities or on the coasts? AFAIK, not something that happens here in the Midwest.
by feh
Fri Jun 08, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4469

Re: How much to budget for a week long vacation for 2?

As noted in the OP I am looking for what people are using in their retirement budgeting/planning. Obviously this is not the value of any specific trip but a generic average to be used for ballparking. Looking for answers from people have included this item in budgeting for retirement expenses, whic...
by feh
Fri Jun 08, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: M* portfolio tracker - no May dividends
Replies: 3
Views: 429

Re: M* portfolio tracker - no May dividends

Dividends appeared today. Don't know why they were delayed.
by feh
Thu Jun 07, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: M* portfolio tracker - no May dividends
Replies: 3
Views: 429

M* portfolio tracker - no May dividends

Hello folks.

I use the "Modify -> Your Transactions" menu in the M* portfolio tracker to record my dividends & cap gains. The divs have always been promptly posted in the past, but the May divs have yet to appear.

Anybody else having the same issue?
by feh
Thu Jun 07, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 16817

Re: Top Shelf Liquor Overrated?

I'm surprised I didn't see this thread earlier. 42 years of retail "adult beverage" experience here, mainly in wine but I've also sampled enough liquor to have a professional opinion. I've always tried to get the best quality for the money instead of the very very best. This translates into 95% qua...
by feh
Thu Jun 07, 2018 6:31 am
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3515

Re: Upgrade to SSD for 5-year old desktop?

mmmodem wrote:
Thu Jun 07, 2018 6:18 am
By and large computers are replaced because they are too slow not because of component failure. I'd save the $100 to go into your next purchase.
+1

The current setup is more than fast enough, and the hard drive is backed up regularly. Exactly what is the investment in the SSD providing?
by feh
Wed Jun 06, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 16817

Re: Top Shelf Liquor Overrated?

I always buy middle shelf instead of top shelf. Half the price and equally (or at least almost) as good.

People with really refined palates may be able to appreciate the difference, but even then, you have to ask if it's worth the increased cost.
by feh
Wed Jun 06, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3515

Re: Upgrade to SSD for 5-year old desktop?

Other than boot time it's not that noticeable for basic usage (web browsing, music player). If you're only using that much storage though it's probably worth it. Large SSD's are quite a bit more expensive so a hybrid drive makes sense with the OS on the SSD and the majority of files on the spinning...
by feh
Tue Jun 05, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: what to do if win some lottery money
Replies: 21
Views: 2976

Re: what to do if win some lottery money

FYI - the ticket was redeemed today. For such lucky folks in the future, both federal and state taxes were withheld. The winner will receive a W2-G (gambling income) at the end of the year.

For a prize of this size, no attorney was deemed necessary.
by feh
Mon Jun 04, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: what to do if win some lottery money
Replies: 21
Views: 2976

Re: what to do if win some lottery money

Nothing Thai I can think of. Isn’t estimated tax withheld? Gill Yes. I've done some googling, and 25% will be kept when the ticket is cashed. FWIW - in the given state, the winner does not have the option of remaining anonymous. I wonder if a prize of this size will attract scammers or financial ad...
by feh
Mon Jun 04, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: what to do if win some lottery money
Replies: 21
Views: 2976

what to do if win some lottery money

Let's say a person won $50K on a lottery ticket. What steps need to be taken?

I don't see any reason to talk with an attorney. Is there?

Other than setting aside a portion for the taxes that will be collected and cashing the ticket, what needs to be done?
by feh
Fri Jun 01, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: 5% prepaid Visa cards: Insight?
Replies: 6
Views: 1247

Re: 5% prepaid Visa cards: Insight?

Received email today from Insight that they are closing the savings account associated with these cards on July 1st.

AFAIK, all the savings accounts for similar prepaid cards have a limit of $1000. No longer worth the trouble, IMO.
by feh
Thu May 31, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: 13-year old Civic. Replace, or keep sinking money into it?
Replies: 52
Views: 4184

Re: 13-year old Civic. Replace, or keep sinking money into it?

13 years old and 170K miles? I'd say you got your money's worth; time to move on.
by feh
Thu May 31, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: obtainable credit card for teen?
Replies: 8
Views: 530

obtainable credit card for teen?

My son is interested in getting his first CC. He is 18 and will be starting college this fall. He works part time.

Is there a company that tends to be willing to provide no fee CCs to people without a credit history?
by feh
Wed May 30, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Can we retire in 2018?
Replies: 103
Views: 8553

Re: Can we retire in 2018?

Some good responses. But why would someone retire young and only live off of 50% or less of there income. Why not work longer and secure the 70-80% that will help secure a good retirement income. Because: - some people are perfectly content w/ a lifestyle provided by 50% of their working years inco...
by feh
Tue May 29, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire in 2018?
Replies: 103
Views: 8553

Re: Can we retire in 2018?

OP - you're looking at 35, maybe 40 years of retirement. I'd say you want your spend rate to be slightly above 3%, but not much. Given you didn't take health insurance into account, you aren't there yet. You're ignoring Social Security. They are going to get $60k a year just from that ($40k for hus...
by feh
Tue May 29, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1450684

Re: U.S. stocks in freefall

Holy cow - the yield on US treasuries (both 2 year and 10 year) fell about 15 basis points today.

https://www.marketwatch.com/story/treas ... 2018-05-29
by feh
Tue May 29, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: What to do after maxing retirement contributions?
Replies: 31
Views: 3509

Re: What to do after maxing retirement contributions?

I max out my HSA, solo 401k and backdoor Roth with VTI 60%/VXUS 40% each year first. Then, I just load my taxable account with 100% VTI since its the most tax efficient of the two funds I purchase. Outside of these investments, I have an emergency fund in cash. I'm the same age range as you. Also i...
by feh
Tue May 29, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire in 2018?
Replies: 103
Views: 8553

Re: Can we retire in 2018?

I would not retire now if your expenses will be $70K+, healthcare is expensive. Go into marketplace and price it, you'll see it can easily cost $20K for a married couple. Do you have to retire now - is there a disability or something else driving this thought of retiring? +1 OP - you're looking at ...
by feh
Tue May 22, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Buy an old farmhouse?
Replies: 52
Views: 5110

Re: Buy an old farmhouse?

Houses that old can be full of hidden problems. +1 This was my first thought. I would find an online forum of folks that live in such homes and ask those with experience what to expect. Friends of ours always wanted an old farmhouse, and bought one on 10 acres about 10 years ago. It's been one proj...
by feh
Tue May 22, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA contributions during semi-retirement?
Replies: 14
Views: 783

Re: Roth IRA contributions during semi-retirement?

A440 wrote:
Tue May 22, 2018 7:28 am
I'm curious if those who semi-retire before age 59 1/2 and still earn a salary, do you still contribute to your Roth IRA?
Yes.
by feh
Thu Apr 26, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Is there any app/software that neatly tells you daily gains/losses?
Replies: 19
Views: 1893

Re: Is there any app/software that neatly tells you daily gains/losses?

I've used all 3 of these, each of which are previously mentioned:

M*
Personal Capital
Google Finance

Of the 3, I prefer M* and use it most often.
by feh
Tue Apr 17, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding realized/unrealized gains in crypto world
Replies: 33
Views: 1312

Re: Understanding realized/unrealized gains in crypto world

samsoes wrote:
Tue Apr 17, 2018 12:02 pm
I certainly hope the last few posters aren't condoning tax evasion. I believe it's still a crime, regardless if the IRS catches you or not.
+1

Plus, reporting gains is just the right thing to do.
by feh
Tue Apr 17, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding realized/unrealized gains in crypto world
Replies: 33
Views: 1312

Re: Understanding realized/unrealized gains in crypto world

This is unrelated, but all the tax consultants I reached out don't seem to know enough. I was wondering if there is any software which would import all my trade history (for crypto) and export a tax report so that I can compare it with my results. Has anyone seen/used such a thing? cointracking.info
by feh
Tue Apr 17, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1828

Re: child starting college this fall - what do I need to know & do?

Start with familiarizing yourself with the IRS information on possible tax benefits: https://www.irs.gov/newsroom/irs-reminds-parents-students-to-explore-education-resources-on-irsgov Please confirm - looking at that page, you can claim only the AOTC or the Lifetime Learner Credit, but not both. Co...
by feh
Mon Apr 16, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1828

Re: child starting college this fall - what do I need to know & do?

SimonJester wrote:
Mon Apr 16, 2018 4:12 pm

Have you filled out the FAFSA? You mentioned you did not plan on any financial aid, however many school require you to still fill out the FAFSA.
Yup, we completed the FAFSA, even though we knew we weren't gonna get anything.
by feh
Mon Apr 16, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1828

Re: child starting college this fall - what do I need to know & do?

Start with familiarizing yourself with the IRS information on possible tax benefits: https://www.irs.gov/newsroom/irs-reminds-parents-students-to-explore-education-resources-on-irsgov For me, the American Opportunity Tax Credit was the biggest thing to consider. For the first 4 years, I needed to n...
by feh
Mon Apr 16, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1828

child starting college this fall - what do I need to know & do?

Hello folks. My son has decided where to attend. His parents will be paying the full cost (4 years estimated to be $100K). He's our only child, so I'm wondering if there are any resources online that would help us with the financial aspects of attendance. As in, a check list, or topics to consider. ...
by feh
Thu Apr 12, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 320
Views: 42866

Re: 2-year CDs at Vanguard and Fidelity Today

Understood. What I did was in the middle. I sold half of my FSITX position and put 25% into a 2yr CD (2.65%) and 25% into a 3yr CD (2.85%). I'll continue to put money into FSITX via my 401k auto contributions and then look at what the curve looks like in 2-3yrs and either re-roll a CD or move back ...
by feh
Thu Apr 12, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 6455

Re: Could you support family on 1 income?

jehovasfitness wrote:
Thu Apr 12, 2018 11:42 am
But for those in a dual-income household could you?
Yes.

My spouse works at the moment, but stayed home w/ our son for the first 12 years of his life. However, my profession provides a fairly high salary (relative to the average American), and we don't live in a HCOL area.
by feh
Thu Apr 12, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 320
Views: 42866

Re: 2-year CDs at Vanguard and Fidelity Today

Question for the experts. I have my 401k and RIRAs all sitting in FSITX (Fidelity Total Intermediate Bond). It currently has a 30d yield of 2.96% and a duration of close to six years. I was thinking about moving all of it into 2yr/3yr CDs. I'd lose ~30bps across the transaction but lower my duratio...
by feh
Fri Apr 06, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 320
Views: 42866

Re: 2-year CDs at Vanguard and Fidelity Today

You can get your short-term bond fund SEC yield into the CD ballpark by taking some credit risk in a short-term corporate or investment-grade fund, and that's fine, but the risk-adjusted return of the CD is better by definition, since you aren't taking any credit risk to get the higher yield. I rec...