Search found 511 matches

by 209south
Sat Jul 11, 2020 2:13 pm
Forum: Personal Consumer Issues
Topic: [Tesla owners - opinions?]
Replies: 36
Views: 3154

Re: [Tesla owners - opinions?]

I concur - I bought a Model 3 in 2018 and it's by far the best car I've ever owned. I got the 310 mile range version but that has been upgraded via free software update to 322. Mine was 0-60 in 4.4 seconds but for $2500 I upgraded it to 3.9 seconds - certainly an unnecessary luxury but very fun. I h...
by 209south
Mon Jul 06, 2020 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Longevity Annuity Purchase Timing w/ Today's Rates
Replies: 19
Views: 1177

Re: Longevity Annuity Purchase Timing w/ Today's Rates

I put 5% of my portfolio into DIAs five years ago when 'it was expensive given low yields' and I'm sure happy I did. Nobody knows where rates will go from here - perhaps split the difference and buy 50% of the DIAs you are considering and put the rest in long bonds as a hedge?
by 209south
Thu Jun 18, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: GS drops yield on savings account again
Replies: 21
Views: 1621

Re: GS drops yield on savings account again

Good news is mortgage rates are also falling - I just locked a $500k 30-year at 2.75% with zero points. The downpayment will be funded from Ally and Capital One accounts which have experienced rate reductions so all good.
by 209south
Mon Jun 01, 2020 9:23 pm
Forum: Personal Investments
Topic: TIPs: Negative yields vs premium over nominal bonds
Replies: 26
Views: 1638

Re: TIPs: Negative yields vs premium over nominal bonds

Thank you for the reply. To answer your question, I am about 9 years away from retirement. I want to keep 15% in equities (i.e., something like VTI). My goal for the remaining 85% is to not lose ground to inflation. I'd like to use something with short durations. I like TIPs as a hedge against unex...
by 209south
Tue Apr 21, 2020 7:06 am
Forum: Personal Investments
Topic: AA and TIPS
Replies: 10
Views: 733

Re: AA and TIPS

I'm not aware of any general recommendation, but I have 50% of my fixed income in TIPs - primarily through a TIPs ladder in my Vanguard IRA, but also through holding Vanguard intermediate-term TIPs fund in a couple pockets. If a longer-term TIPs ladder is of interest you could certainly begin buildi...
by 209south
Mon Apr 13, 2020 1:50 pm
Forum: Investing - Theory, News & General
Topic: What's the Bond Market's Expectation for Future Inflation?
Replies: 54
Views: 3088

Re: What's the Bond Market's Expectation for Future Inflation?

Who cares about a theoretical TIPS breakeven rate. Just look at nominal rates. Investors are willing to lend money at 1.3% for a 30-year commitment. There's not much room for inflation in there. Inflation expectations matter for those purchasing nominal annuities, especially longer-term Deferred In...
by 209south
Tue Apr 07, 2020 9:41 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 534
Views: 57378

Re: I don't understand the case for EE bonds

I played around with quotes on https://www.immediateannuities.com/ and found out it seems like a deferred annuity compounds at 3.04% interest rate. So, the EE bond route at age 45 looks really attractive. Individually with my two trusts and my individual account I can buy $30k EE bonds per year. No...
by 209south
Tue Apr 07, 2020 9:07 am
Forum: Investing - Theory, News & General
Topic: Hope you weren't born in 1960
Replies: 63
Views: 11342

Re: Hope you weren't born in 1960

WOW great topic. I was born in 1960 and a max earner throughout. Bizarre that lifetime benefits for one small group could be so materially affected. Since the entire theme of this stimulus is to help those who did no harm (i.e. 'it wasn't their fault they lost their jobs, or couldn't fly their airpl...
by 209south
Sun Apr 05, 2020 11:19 am
Forum: Investing - Theory, News & General
Topic: Why not go EE bonds (instead of bond funds)?
Replies: 177
Views: 13477

Re: Why not go EE bonds (instead of bond funds)?

willthrill, appreciate your thoughtful posts. Curious what age you are and how you are thinking about retirement income and whether you are attracted to LMP concepts? My wife and I are 60 with a healthy portfolio but no pension other than social security. We live in a HCOL area and have a nice condo...
by 209south
Sun Apr 05, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: Why not go EE bonds (instead of bond funds)?
Replies: 177
Views: 13477

Re: Why not go EE bonds all the way (instead of bond funds)?

I'm surprised that no one yet has referenced the big EE bond thread that's been active off and on for years: https://www.bogleheads.org/forum/viewtopic.php?t=217081 If long term bond yields and inflation continue to fall into negative rates and deflation, long term bond funds such as EDV will have ...
by 209south
Sun Apr 05, 2020 7:54 am
Forum: Investing - Theory, News & General
Topic: Why not go EE bonds (instead of bond funds)?
Replies: 177
Views: 13477

Re: Why not go EE bonds (instead of bond funds)?

I have a defensive 35-65 portfolio so a lot of fixed income exposure. I like EE Bonds and started buying the max 5 years ago due to research on this forum. Between my wife and me we now have $100k invested and, as Mel said above, as we start to hit year 20 at age 75 for us these will provide a very ...
by 209south
Thu Apr 02, 2020 12:02 pm
Forum: Personal Investments
Topic: Advice for a 26 year old with $400k cash
Replies: 76
Views: 5059

Re: Advice for a 26 year old with $400k cash

I’d take the following action: 1. Add $25k to your emergency fund and keep that in a high yield savings account at Ally or Marcus 2. Max out Roth contributions for 2019 and 2020 – do so in Vanguard and put the money in Vanguard’s Life Strategy Growth Fund (80/20 and a great core fund for someone you...
by 209south
Tue Mar 31, 2020 7:47 pm
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 166
Views: 18394

Re: Marcus or Ally

I have been a happy Ally customer for years - have a few accounts and several CDs with them, and a couple with Capital One. With recent turmoil I've moved some money to Marcus to diversify for FDIC purposes. Very happy with the rates at Marcus, but disappointed with the SEVEN days 'til transferred f...
by 209south
Sat Mar 28, 2020 10:37 am
Forum: Personal Consumer Issues
Topic: [Are Toyota and Honda Cars Superior?]
Replies: 16
Views: 1173

Re: Toyota cars and trucks are simply the best made vehicles that can easily go 200k miles!

Except for Tesla! The Tesla Model 3 is the greatest passenger vehicle ever made (now THAT is provocative!) The Model 3 is the safest and best-performing vehicle in the sports sedan class, and will easily run beyond 200,000 miles. Battery replacements will be unlikely in that range, and the operating...
by 209south
Tue Mar 24, 2020 9:40 pm
Forum: Personal Investments
Topic: Any Retirees With AA = 100% Equities?
Replies: 34
Views: 2528

Re: Any Retirees With AA = 100% Equities?

US investors (including me) have led charmed lives the past few decades. BUT consider what happened in Japan over the past 30 years - it may not, but COULD happen here, in which case 100% equities in retirement may be imprudent.
by 209south
Fri Mar 13, 2020 4:02 am
Forum: Investing - Theory, News & General
Topic: TIPS Yield Curve & Changing Inflation Expectations
Replies: 61
Views: 5392

Re: TIPS Yield Curve & Changing Inflation Expectations

I don't know what causes the slight inversion from Feb 2042 to Feb 2050.

This certainly caught my eye. I rebalanced out of some of my TIPs a few days ago and might come back in this morning - if I do I hope that inefficiency will still be there!
by 209south
Thu Mar 12, 2020 6:28 pm
Forum: Personal Investments
Topic: Capitulation
Replies: 59
Views: 5443

Re: Capitulation

I agree with the group that one should stick to one's plan...but I'm not sure your plan should be 88/12 ! That is relatively aggressive at age 45 so the first question is 'what's the ideal asset allocation going forward?' ... and if the answer is (say) 60/40 ... the second question is 'do you move t...
by 209south
Thu Mar 05, 2020 6:11 pm
Forum: Personal Investments
Topic: Asset LOCATION
Replies: 1
Views: 306

Asset LOCATION

Considering the current very low interest rate environment and the commentary about on the 'Super Lazy Portfolio' thread about placing a target date fund in your tax-advantaged assets, the question comes to mind - is standard advice re. asset LOCATION no longer relevant? I have 25% of my assets in a...
by 209south
Tue Mar 03, 2020 9:49 pm
Forum: Personal Investments
Topic: 30-year TIPs at negative yields
Replies: 13
Views: 1105

Re: 30-year TIPs at negative yields

I observed some years ago that you could support 4% withdrawal rate for 30 years with a 0% failure rate using 100% TIPS. That requires a real return of 1.31%. I assumed that a real return of at least 1.31% on TIPS was virtually certain. I was wrong, wrong, totally wrong. Glad I didn't actually try ...
by 209south
Tue Mar 03, 2020 9:47 pm
Forum: Personal Investments
Topic: 30-year TIPs at negative yields
Replies: 13
Views: 1105

Re: 30-year TIPs at negative yields

Treasury says 30-year TIPS yield is 0.70%... not sure where you see that? Pretty sure 30-year TIPs are negative right now (as are 20, 21, 22...29 year TIPs) sorry, now see the link. Not sure how to reconcile that with WSJ TIPs prices below? (WSJ is the source for #Cruncher's outstanding TIPs ladder...
by 209south
Tue Mar 03, 2020 9:45 pm
Forum: Personal Investments
Topic: 30-year TIPs at negative yields
Replies: 13
Views: 1105

Re: 30-year TIPs at negative yields

Thesaints wrote: Tue Mar 03, 2020 7:57 pm Treasury says 30-year TIPS yield is 0.70%...
not sure where you see that? Pretty sure 30-year TIPs are negative right now (as are 20, 21, 22...29 year TIPs)
by 209south
Tue Mar 03, 2020 7:36 pm
Forum: Personal Investments
Topic: 30-year TIPs at negative yields
Replies: 13
Views: 1105

30-year TIPs at negative yields

30-year TIPs yielding NEGATIVE 0.06% currently, having moved dramatically over the past several weeks - the 2040-2050 TIPs are all negative now. I'm approaching retirement and have a comfortable portfolio with some 'Larry' characteristics and also some LMP characteristics. So I'm 35% equities includ...
by 209south
Mon Mar 02, 2020 9:51 pm
Forum: Personal Investments
Topic: Andrews 3%CD 84-mo Good? (non-retirement accts)
Replies: 12
Views: 1372

Re: Andrews 3%CD 84-mo Good? (non-retirement accts)

hmmm I bought $50k of that in 2016. Are they offering it again? 3% for 84 months seems very attractive.
by 209south
Tue Feb 11, 2020 2:25 pm
Forum: Personal Investments
Topic: BND vs. BNDX
Replies: 4
Views: 1182

Re: BND vs. BNDX

Thank you all for the clarification.
by 209south
Tue Feb 11, 2020 11:27 am
Forum: Personal Investments
Topic: BND vs. BNDX
Replies: 4
Views: 1182

BND vs. BNDX

I've owned Vanguard Total Bond (BND) and Total International Bond (BNDX) for a few years. BNDX has outperformed during my holding period but in mid-December 2019 it seems to have traded down significantly vs. BND. Was that actually a performance issue, or a technical adjustment to the ETF? It won't ...
by 209south
Mon Feb 10, 2020 8:36 pm
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 264
Views: 21161

Re: What is your most luxury/expensive hobby.

Three major hobbies / luxuries: 1. Private golf - member of a fine club in the northeast and a fine club in southeast Florida - $50k per year all-in 2. Travel - one big family vacation per year and several weekend trips etc. - another $50k per year 3. Dining out / ordering in - $25k per year All com...
by 209south
Wed Jan 29, 2020 11:27 am
Forum: Investing - Theory, News & General
Topic: Gold vs TIPS vs Inflation
Replies: 50
Views: 4834

Re: Gold vs TIPS vs Inflation

TIPs are a wonderful instrument for US investors trying to hedge inflation, and represent 50% of my fixed income allocation. Gold is different - gold is 'money' and represents my entire 'cash' allocation (5% of portfolio; large emergency fund is in $ and is outside portfolio). All the historical ret...
by 209south
Fri Jan 24, 2020 10:46 pm
Forum: Personal Consumer Issues
Topic: Tesla Model Y
Replies: 254
Views: 25724

Re: Tesla Model Y

haha, true no lidar on Teslas. I bought a Model 3 14 months ago to replace a great car - an Audi S4. Same price point, same 0-60, NO COMPARISON. The Model 3 is smoother and quieter and WAY quicker off the block. The software updates are amazing. An entirely new paradigm in driving, I will never go ...
by 209south
Fri Jan 24, 2020 9:29 pm
Forum: Personal Consumer Issues
Topic: Tesla Model Y
Replies: 254
Views: 25724

Re: Tesla Model Y

haha, true no lidar on Teslas. I bought a Model 3 14 months ago to replace a great car - an Audi S4. Same price point, same 0-60, NO COMPARISON. The Model 3 is smoother and quieter and WAY quicker off the block. The software updates are amazing. An entirely new paradigm in driving, I will never go b...
by 209south
Thu Jan 16, 2020 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Taking bonus as profit-sharing 401(k) contribution
Replies: 1
Views: 465

Re: Taking bonus as profit-sharing 401(k) contribution

Hoping to do the same thing. I'm 59 so max 401k is $26k leaving room for ~$30k of profit sharing to go to 401k. Did you receive any good answers to your questions?
by 209south
Sun Sep 22, 2019 7:12 am
Forum: Personal Investments
Topic: International Bonds and Stock Allocations
Replies: 15
Views: 1214

Re: International Bonds and Stock Allocations

I have a defensive 35/65 portfolio as I approach retirement - equities are 50/50 US/intl and bonds are 80/20 US/intl. There is no right answer but this allocation works for me.
by 209south
Sat Jun 29, 2019 2:47 pm
Forum: Investing - Theory, News & General
Topic: Why NO International Bond Index ??
Replies: 37
Views: 5574

Re: Why NO International Bond Index ??

I invest in international bonds. I will say why I do, but please know that I am just a regular investor not trying to sway anyone. Others on this forum know way, way more than I. I wanted the diversification. I think many people become weary when they look at the yield on Vanguards website. There i...
by 209south
Mon Apr 15, 2019 8:01 pm
Forum: Personal Consumer Issues
Topic: Is Brooks Brothers Shirts are in sale ?
Replies: 17
Views: 1940

Re: Is Brooks Brothers Shirts are in sale ?

I'm a BB fan and the 4 for $200 deal is terrific. I bought a few Thyrwitt shirts but found the cuffs far too tight for my wrists, something I have never experienced with any other shirts...this was 7 or 8 years ago so maybe they've changed?
by 209south
Sun Apr 14, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 25606

Re: Talk me in/out of $35k Tesla Model 3

I bought a $55k Model 3 in November so I can't comment directly on the $35k version. My understanding is that the lower-priced version is still available; but not online, probably because Tesla realized (too late) that it makes no sense to make a $35k version when they have plenty of demand for the ...
by 209south
Sat Apr 13, 2019 9:54 am
Forum: Personal Investments
Topic: Planning pre-retirement
Replies: 14
Views: 2290

Re: Planning pre-retirement

Two things. If I had a known tax liability of $450k a year from now, I'd either just pay it now or I'd buy a 12-month (or 9-month, depending on the dates) CD to defease that liability. I would take zero risk on that i.e. I would not invest that money at your 50-50 asset allocation. At a time when I ...
by 209south
Tue Apr 09, 2019 8:28 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2443

Re: Edward Jones CDs

Thanks, kids are 30, 27 and 24 and will be 35, 32 and 29 when Trust expires (unless Grandfather passes earlier). Total value is ~$1.1mm of which $20k is cash and that is being moved to CDs...hopefully will be ~$20k p.a. dividends to move to CDs so in 5 years will be ~$1mm equities and $100 CDs. If i...
by 209south
Tue Apr 09, 2019 6:09 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2443

Re: Edward Jones CDs

Sorry duplicate post
by 209south
Tue Apr 09, 2019 6:09 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2443

Re: Edward Jones CDs

There wasn't much substance behind the replies here. I understand EJ is general high-cost but their CD rates look good. My kids have a medium-sized Trust in their names, with all assets held at EJ. It is 98% US equities so has had a great run; but with the Trust expiring in <5 years I've urged my fa...
by 209south
Sat Mar 30, 2019 9:41 am
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 17921

Re: How often do you check your net worth?

I update my #s every Saturday, principally because I'm paranoid about cyber-security issues. I do a full review each January and update my long-term budget, etc. I'm 59 and ~2 years from retirement so very much focused on making sure I'm covered on longevity hopes and bequest desires.
by 209south
Sun Jan 27, 2019 11:40 pm
Forum: Investing - Theory, News & General
Topic: Yes...another question/comment about gold
Replies: 30
Views: 1576

Re: Yes...another question/comment about gold

I agree with your feelings about our economic condition and feel an inevitable reckoning is at hand - not this year but certainly in my life time. With respect to gold as part of your portfolio, how much money do you have? If you have a lot to protect, by all means allocate some portion of portfolio...
by 209south
Fri Dec 14, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Should I buy a Tesla?
Replies: 123
Views: 7362

Re: Should I buy a Tesla?

If you are looking for a new car the Model 3 is the value play, even ignoring subsidies. You will save a lot on maintenance and will almost certainly save 50% or more on fuel depending where you live. I got my Model 3 six weeks ago to replace an Audi S4 and I am blown away. Anybody buying a midsize ...
by 209south
Tue Nov 06, 2018 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 8287

Re: Never thought of living in Bay Area but just got a call from Tesla

If you are ambitious I would give it serious consideration. I don't work at Tesla but know them well - the company is full of rock stars. Having said that, it's a tough place and turnover is high. I would regret not at least understanding the economics, the culture and the career opportunity - the w...
by 209south
Mon Oct 08, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 930
Views: 84296

Re: Talk me out of buying a Tesla Model 3

I haven't test driven either, but my S4 is already too fast for my wife so I know I don't want the faster Tesla!
by 209south
Mon Oct 08, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 930
Views: 84296

Re: Talk me out of buying a Tesla Model 3

I am picking up my Model 3 later this week, but am getting the mid-range version - $55k with dual-motors, 0-60 in 4.6s, 310mile range - that is same price and performance as an S4 (my current car) before considering rebate and NJ sales tax waiver. To repeat, THE MODEL 3 IS CHEAPER TO BUY than it's b...
by 209south
Fri Oct 05, 2018 7:25 am
Forum: Personal Finance (Not Investing)
Topic: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018
Replies: 69
Views: 15377

Re: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018

Loved a prior edition. Just bought 4 on Amazon - one for me and one each as Christmas presents for my 3 20-something kids! They all already indoctrinated in their investing ways, but the common sense advice about living within your means can not be over-emphasized.
by 209south
Mon Aug 06, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 24065

Re: "Age in Bonds" fails almost everyone

I have no idea if 'age in bonds' is good advice, but I know beyond a shadow of a doubt that one cannot properly refute that approach by relying on the advice of 'three top-rated target date fund managers'...GMAB. Different people have different financial and risk profiles and 'rules' are not set in ...
by 209south
Mon Aug 06, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 24065

Re: "Age in Bonds" fails almost everyone

I have no idea if 'age in bonds' is good advice, but I know beyond a shadow of a doubt that one cannot properly refute that approach by relying on the advice of 'three top-rated target date fund managers'...GMAB. Different people have different financial and risk profiles and 'rules' are not set in ...
by 209south
Sat Jun 16, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: African Safari: Worth it or Hype?
Replies: 83
Views: 13145

Re: African Safari: Worth it or Hype?

100% worth it. Bucket list. Must-do.