Search found 8806 matches

by jeffyscott
Tue Jul 14, 2020 10:28 am
Forum: Investing - Theory, News & General
Topic: U.S. Treasury Inflation Protected Securities (TIPS) ETF
Replies: 69
Views: 5232

Re: U.S. Treasury Inflation Protected Securities (TIPS) ETF

Looks like June CPI report shows inflation bouncing back. Yep, and here are the numbers... "Annual core CPI remains steady at 1.2% in June vs. 1.1% expected" https://www.fxstreet.com/news/us-annual-core-cpi-remains-steady-at-12-in-june-vs-11-expected-202007141237 The 5-Year Breakeven Inflation Rate...
by jeffyscott
Tue Jul 14, 2020 9:36 am
Forum: Investing - Theory, News & General
Topic: U.S. Treasury Inflation Protected Securities (TIPS) ETF
Replies: 69
Views: 5232

Re: U.S. Treasury Inflation Protected Securities (TIPS) ETF

Looks like June CPI report shows inflation bouncing back. Yep, and here are the numbers... "Annual core CPI remains steady at 1.2% in June vs. 1.1% expected" https://www.fxstreet.com/news/us-annual-core-cpi-remains-steady-at-12-in-june-vs-11-expected-202007141237 The 5-Year Breakeven Inflation Rate...
by jeffyscott
Tue Jul 14, 2020 9:22 am
Forum: Investing - Theory, News & General
Topic: International markets up, but fund down
Replies: 16
Views: 844

Re: International markets up, but fund down

1. What index does the fund use as a benchmark? ACWI Was it up or down? It was down by 0.88% Because of fair value pricing, ETFs are going to be a better indicator, than foreign market indexes, of what an international mutual fund is likely to do on a given day. EFA and VXUS were also down.
by jeffyscott
Tue Jul 14, 2020 9:11 am
Forum: Investing - Theory, News & General
Topic: Morningstar: No more SEC Yield display?
Replies: 6
Views: 432

Re: Morningstar: No more SEC Yield display?

Their display of SEC yield was pretty useless anyway, since it never indicated the date. Some funds update the SEC yield frequently, I think Vanguard does it weekly, but I know of others that only update it quarterly (DODIX). The undefined yield on the portfolio page is "as of May 31, 2020" for VBTL...
by jeffyscott
Tue Jul 14, 2020 8:25 am
Forum: Investing - Theory, News & General
Topic: U.S. Treasury Inflation Protected Securities (TIPS) ETF
Replies: 69
Views: 5232

Re: U.S. Treasury Inflation Protected Securities (TIPS) ETF

Maybe I am wrong, but I cannot get myself to buy a 10 year TIPS bond with negative real return. It seems to me that from the start I am losing money in real terms. Am i wrong? What to do? It's not just that they are negative, but they are at about -0.8%. That means a guaranteed real loss of 8% over...
by jeffyscott
Mon Jul 13, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: Does it make financial sense to transfer from American Funds to Vanguard
Replies: 12
Views: 779

Re: Does it make financial sense to transfer from American Funds to Vanguard

I believe they are Class A funds that Vanguard or any brokerage would sell without any charge, but don't know for sure. Be sure to ask first. (The front load you paid is a sunk cost, so doesn't need to be considered at this time.) Vanguard site should show if there would be transaction fees or not,...
by jeffyscott
Mon Jul 13, 2020 10:44 am
Forum: Investing - Theory, News & General
Topic: SP500 is top heavy - Alternatives to cap weighted - equal weighted or Mid cap fund?
Replies: 17
Views: 1658

Re: SP500 is top heavy - Alternatives to cap weighted - equal weighted or Mid cap fund?

Forester wrote:
Sun Jul 12, 2020 12:52 pm
Some people use the RAFI funds such as PRF.
Schwab's is cheaper. For US large caps, SFLNX or the equivalent ETF have 0.25% ER, PRF is 0.39%. Top 10 holdings are still 21%, though.

I guess by definition equal weight S&P 500 would be just 2% in top 10.
by jeffyscott
Mon Jul 13, 2020 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 742
Views: 97876

Re: CDs: Short term or Long Term

EvelynTroy and Protagonist: As you know, no one knows where the rates are going. I agree that matching or beating inflation is good. When a CD matures, and the 5 year rates are maybe 1.6%, we have a dilemma. Go shorter and wait, or take the best available? How long does one wait for those nice 3% r...
by jeffyscott
Sat Jul 11, 2020 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 742
Views: 97876

Re: Best CD rates thread

(The Asian Bank only offered two options for me to get them the funds - send them a check or wire the funds). MikeG62, As you know, that doesn't sound right. If it is, Asian Bank doesn't want to earn your business. Consider calling back and see if you can get your question escalated to a higher lev...
by jeffyscott
Sat Jul 11, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 742
Views: 97876

Re: Best CD rates thread

Found this one yesterday on DA's. Asian Bank's 15-month 1.68% CD Special Is A Rate Leader https://www.depositaccounts.com/banks/asian-bank/offers/#comments This one is intriguing on several levels. Not only 1.68% 15-month CD, but 2.02% on their 48-month+ CD is also a rate leader. Of course, you nee...
by jeffyscott
Sat Jul 11, 2020 5:47 am
Forum: Investing - Theory, News & General
Topic: Why does it seem index funds beat index ETFs?
Replies: 12
Views: 1752

Re: Why does it seem index funds beat index ETFs?

I see the same. I think Morningstar isn’t including dividends for the ETFs. If you set the start and end dates for a period when no dividend was paid (e.g., between Jan 1 and March 15), the lines match up exactly, but if the period covers a dividend distribution (e.g., late March this year), there'...
by jeffyscott
Fri Jul 10, 2020 12:10 pm
Forum: Investing - Theory, News & General
Topic: Short-Term Bond Fund: VFSUX vs VBIRX
Replies: 12
Views: 1081

Re: Short-Term Bond Fund: VFSUX vs VBIRX

Thinking to move some Vanguard Money Market (VMMXX) to a short term bond fund for a bit more yield. I won't be needing the money for at least a year. This is part of my 60/40 AA. Considering Short-Term Bond Index Admiral (VBIRX) and Short-Term Investment Grade Admiral (VFSUX). I've looked at Vangua...
by jeffyscott
Fri Jul 10, 2020 9:02 am
Forum: Investing - Theory, News & General
Topic: Why does it seem index funds beat index ETFs?
Replies: 12
Views: 1752

Re: Why does it seem index funds beat index ETFs?

This issue has been known with Morningstar charting for years. Not sure if it is still the case but used to be if you started with the chart of the mutual fund, say VTSAX and then add the ETFs it would default to including dividends. But not the other way around. I think that still works, if you ca...
by jeffyscott
Fri Jul 10, 2020 9:00 am
Forum: Investing - Theory, News & General
Topic: Short-Term Bond Fund: VFSUX vs VBIRX
Replies: 12
Views: 1081

Re: Short-Term Bond Fund: VFSUX vs VBIRX

I'd go for a "high" yield savings account, at maybe 1% or more, over short term treasuries that are yielding about 0.1-0.3% and are a large portion of VBIRX.

VFSUX has more risk than VBIRX, but at least the yield is better than what you can get with no risk from a savings account.
by jeffyscott
Thu Jul 09, 2020 12:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. Treasury Inflation Protected Securities (TIPS) ETF
Replies: 69
Views: 5232

Re: U.S. Treasury Inflation Protected Securities (TIPS) ETF

It was the TIPS pricing that was the phenomena; the resulting aberration in the BEI rate was an effect, not the cause. Right, the BEI (or in other words changes to real and/or nominal interest rates) is a result of the change to the prices investors are willing to pay. To me this sort of thing is o...
by jeffyscott
Wed Jul 08, 2020 1:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. Treasury Inflation Protected Securities (TIPS) ETF
Replies: 69
Views: 5232

Re: U.S. Treasury Inflation Protected Securities (TIPS) ETF

Thank you for that concise explanation. Just want to make sure I got this...Right now inflation expectations for the next five years is 1.26% (going by the 5-year breakeven). If you have a five-year TIPS bond currently, if expected inflation goes up above 1.26%, your TIPS bond's price will increase...
by jeffyscott
Wed Jul 08, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. Treasury Inflation Protected Securities (TIPS) ETF
Replies: 69
Views: 5232

Re: U.S. Treasury Inflation Protected Securities (TIPS) ETF

Thank you for that concise explanation. Just want to make sure I got this...Right now inflation expectations for the next five years is 1.26% (going by the 5-year breakeven). If you have a five-year TIPS bond currently, if expected inflation goes up above 1.26%, your TIPS bond's price will increase...
by jeffyscott
Tue Jul 07, 2020 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 742
Views: 97876

Re: Best CD rates thread

I've typically just used mail for the form, but on a recent transfer from Fidelity to a credit union, I FAXed the form to the CU, and they FAXed it to Fidelity. Fidelity confirmed to me that they would accept a FAXed transfer form, and provided the FAX number to use. Using FAX resulted in the entir...
by jeffyscott
Mon Jul 06, 2020 9:29 am
Forum: Personal Finance (Not Investing)
Topic: To Escrow or not to Escrow-That is the question?
Replies: 24
Views: 1603

Re: To Escrow or not to Escrow-That is the question?

Well here is the kicker... I still receive my school, township, and county taxes in the mail. I then have to mail them to Chase for them to pay it. Every year when I get them, I think to myself why don't I just write out the check and send them directly. There may even be more convenient ways than ...
by jeffyscott
Mon Jul 06, 2020 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Chase IHG - pay $49 annual fee or cancel?
Replies: 11
Views: 977

Re: Chase IHG - pay $49 annual fee or cancel?

I canceled mine in spring and we will soon cancel my spouse's. Due to the virus, we will not be using her free night this year. I do not think we would be likely to use any free nights in the next year, so it would be a loss of $98. We saved anywhere from $30 to $100 by using the free nights in the ...
by jeffyscott
Mon Jul 06, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: To Escrow or not to Escrow-That is the question?
Replies: 24
Views: 1603

Re: To Escrow or not to Escrow-That is the question?

I tell them i no long want a escrow account, they refund me the money in my escrow. I then take that money and out it towards the principal. Then I continue to make the full payment, but the amount that would go towards escrow would go towards the principal. Then when the taxes come in, I just pay ...
by jeffyscott
Thu Jul 02, 2020 9:06 am
Forum: Investing - Theory, News & General
Topic: TIPS and I Bonds
Replies: 16
Views: 1546

Re: TIPS and I Bonds

So, one would by an I bond to receive 0% interest why? It's 0%+inflation. I-Bonds purchased from May to October will pay a composite rate of 1.06%, annualized, for six months. https://tipswatch.com/2020/05/01/treasury-cuts-i-bond-fixed-rate-to-0-0-holds-steady-on-ee-terms/ As for TIPS, 5 year treas...
by jeffyscott
Thu Jul 02, 2020 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 742
Views: 97876

Re: Best CD rates thread

SlowMovingInvestor wrote:
Wed Jul 01, 2020 2:25 pm
It seems like Kessler FCU has some good CD rates, but you have to be a resident of Louisiana or MS ?
Opinions/experiences appear to vary, which you can see if you search this discussion for "Keesler".
by jeffyscott
Thu Jul 02, 2020 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Too-frequent home insurance claims
Replies: 7
Views: 1066

Re: Too-frequent home insurance claims

When we had a hail claim, agent told me it would not count against us as it was considered to be "an act of god". I don't know if that varies by company or state or time (our claim was about 13 years ago). That is the only claim we have ever had in about 35 years of home ownership. You can have a ro...
by jeffyscott
Wed Jul 01, 2020 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance and Credit Score
Replies: 29
Views: 1718

Re: Auto Insurance and Credit Score

Here's what I was told by our insurance agent, when I had asked about rate change, copied from a 2012 email reply: Thank you for your email. I Have reviewed your homeowners policy and found a change in the credit based insurance score. This score is a mathematical formula insurance companies get fro...
by jeffyscott
Tue Jun 30, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance and Credit Score
Replies: 29
Views: 1718

Re: Auto Insurance and Credit Score

Note that insurance scores are different from credit scores, with different weights on different factors. The published models are much more sensitive to inquiries, and I have seen a similar phenomenon on Credit Karma when it used to give an insurance score. In addition, different companies may int...
by jeffyscott
Sun Jun 28, 2020 1:09 pm
Forum: Investing - Theory, News & General
Topic: Hey Vanguard -- Offer a 3-Fund ETF Core Product
Replies: 17
Views: 1225

Re: Hey Vanguard -- Offer a 3-Fund ETF Core Product

I would guess that it would be more likely to see lifestrategy funds switch to using ETFs, than to see an ETF share class of these funds. However, the cost of running them is presumably the reason vanguard has not even switched them or target funds to using admiral shares. They also have priced thei...
by jeffyscott
Sun Jun 28, 2020 11:22 am
Forum: Investing - Theory, News & General
Topic: Hey Vanguard -- Offer a 3-Fund ETF Core Product
Replies: 17
Views: 1225

Re: Hey Vanguard -- Offer a 3-Fund ETF Core Product

It includes one additional ETF (and uses total international, rather than VEU), but you can essentially get this with their Digital Advisor for 0.15% (provided you're not retired or within 1 year of retirement, for some reason :confused ). So that's about 10 bp less than the iShares products. Of cou...
by jeffyscott
Sun Jun 28, 2020 8:35 am
Forum: Investing - Theory, News & General
Topic: Allan Roth: Vanguard Leaning More On ETFs
Replies: 43
Views: 4368

Re: Allan Roth: Vanguard Leaning More On ETFs

Can u give me a ballpark? Like less significant that the change from investor to admiral shares at Vanguard? Because that is the analogy I was given... Absolutely less significant than investor to admiral. I think VTI is 1bps less than the Admiral shares I think it ranges from that 1 bp for Total S...
by jeffyscott
Sat Jun 27, 2020 8:54 am
Forum: Investing - Theory, News & General
Topic: Allan Roth: Vanguard Leaning More On ETFs
Replies: 43
Views: 4368

Re: Allan Roth: Vanguard Leaning More On ETFs

Seems the best customer for Vanguard today is one that buys Vanguard ETFs and holds them at some other brokerage. Broken Man 1999 As the article indicates, the best are more likely those who use its Personal Advisory Services, typically charging 0.30% annually. As it also indicates, those who are b...
by jeffyscott
Thu Jun 25, 2020 9:11 am
Forum: Investing - Theory, News & General
Topic: VTSAX vs VTI-large difference in % closing price today
Replies: 5
Views: 1003

Re: VTSAX vs VTI-large difference in % closing price today

One day total return, per m*, -2.68% for both based on NAV (which, ignoring the tiny difference in ERs, has to be the case since both are a share class of the same fund). Based on price, VTI was down a bit more at -2.71%.
by jeffyscott
Wed Jun 24, 2020 7:48 am
Forum: Investing - Theory, News & General
Topic: Study claims active management better than benchmarks
Replies: 30
Views: 3124

Re: Study claims active management better than benchmarks

From the article: So why doesn’t this show up more in fund investors’ returns? After all, there has been plenty of evidence that, overall, fund returns don’t on average exceed their benchmarks. A big reason lies in the words “active trades.” For their analysis, the researchers separated all mutual f...
by jeffyscott
Tue Jun 23, 2020 7:45 am
Forum: Investing - Theory, News & General
Topic: US Treasury bond funds doing great.
Replies: 14
Views: 1962

Re: US Treasury bond funds doing great.

But why should I care about yield when the government bond funds PRICES are skyhigh? I don't know if you should care or not, but you should be prepared for low future returns from bonds: If those same interest rates go up, the fund prices will go down If interest rates remain the same, you will col...
by jeffyscott
Mon Jun 22, 2020 4:10 pm
Forum: Investing - Theory, News & General
Topic: Reuters: Pandemic propels old-school bond traders towards an electronic future
Replies: 4
Views: 356

Re: Reuters: Pandemic propels old-school bond traders towards an electronic future

Much of the description does strike me as quite odd. Such as: the "bond markets are very much relationship-driven", that seems strange to me when talking about trading financial assets. I knew the bond market was not as efficient as the stock market, but not that a lot of it functions by random phon...
by jeffyscott
Mon Jun 22, 2020 3:13 pm
Forum: Investing - Theory, News & General
Topic: Reuters: Pandemic propels old-school bond traders towards an electronic future
Replies: 4
Views: 356

Re: Reuters: Pandemic propels old-school bond traders towards an electronic future

The difference is each company usually has one stock issue, every share is the same. Even those few who have multiple share classes only typically have 2 or 3 share classes, I think. The S&P 500 is 500 companies and 505 stocks, due to the few with multiple share classes. Meanwhile, based on a search...
by jeffyscott
Mon Jun 22, 2020 6:16 am
Forum: Investing - Theory, News & General
Topic: Difference between Bank Savings Account vs. Money Market
Replies: 22
Views: 3729

Re: Difference between Bank Savings Account vs. Money Market

A bank account would be covered by FDIC insurance. I don't know what "Alliance Financial" is, though. It does not appear to be a bank. But I see something call US Financial Alliance, with a 2.5% rate here: https://www.usalliance.org/banking-products/high-dividend-savings, which is a credit union, s...
by jeffyscott
Sun Jun 21, 2020 6:23 pm
Forum: Investing - Theory, News & General
Topic: The “Abandon Bonds” strategy
Replies: 200
Views: 16233

Re: The “Abandon Bonds” strategy

The inflation rate is around 4-5%, according to Shadow Stats (I don't believe bogus government CPI numbers). If you research the CPI the formula has been altered since the 80s numerous times to artificially spit out a very low rate which has many benefits to whoever is using them. That site appears...
by jeffyscott
Sun Jun 21, 2020 9:53 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1088
Views: 121983

Re: [Fidelity Health Savings Account Mega-Thread]

If there is no excise tax due (<= $8 excess contribution), you can simply reduce the next year's contribution by the excess amount. Presto, no more excess contribution. If the IRS ever came calling which they are never going to do, because the failure to file penalty only applies to unpaid taxes of...
by jeffyscott
Sun Jun 21, 2020 8:45 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1088
Views: 121983

Re: [Fidelity Health Savings Account Mega-Thread]

I would have left the 82¢ in the account and done absolutely nothing. The 6% excise tax penalty on a non-removed excess HSA contribution of 82¢ is 5¢ which would round down to $0. You wasted your and Fidelity's time. Well we did not know what we should do, asked Fidelity and did what they suggested...
by jeffyscott
Sun Jun 21, 2020 8:41 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1088
Views: 121983

Re: [Fidelity Health Savings Account Mega-Thread]

Our ridiculously tiny overage happened because I believed our credit union when they told me the 80 cents they had deposited for account verification purposes would be pulled back. I foolishly then immediately deposited the full allowable contribution and ended up with 80 cents extra because they d...
by jeffyscott
Sun Jun 21, 2020 7:55 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1088
Views: 121983

Re: [Fidelity Health Savings Account Mega-Thread]

Alright so I'm planning on doing an indirect rollover to a Fidelity HSA. For this year I did over contribute into my current HSA past the 2020 limit for single filers ($3550) by $208.82. Was wondering if during the indirect HSA rollover process, could I withdraw the entire amount $3758.82 into my p...
by jeffyscott
Sat Jun 20, 2020 9:00 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1088
Views: 121983

Re: [Fidelity Health Savings Account Mega-Thread]

If you want to remove the excess contributions, you have to do that via the proper procedure with the custodian. You can do that with either the current one or after the rollover, I assume. The alternative would be to pay the penalty and taxes on the excess. I think effectively withdrawing the funds...
by jeffyscott
Sat Jun 20, 2020 10:29 am
Forum: Investing - Theory, News & General
Topic: Emerging Stock Markets
Replies: 6
Views: 1002

Re: Emerging Stock Markets

FWIW, CAPE for EM is 11.2, according to RA:

Image
https://interactive.researchaffiliates. ... e=Equities
by jeffyscott
Sat Jun 20, 2020 9:32 am
Forum: Investing - Theory, News & General
Topic: Difference between Bank Savings Account vs. Money Market
Replies: 22
Views: 3729

Re: Difference between Bank Savings Account vs. Money Market

How do I compare the rate of return between a bank savings account and a mutual fund money market fund? Right now, Ally/CapitalOne/AmEx advertise savings account APY at around 1.10% while Vanguard Prime Money Market shows "SEC yield" at 0.22%. Savings accounts at those banks have a much better rate...
by jeffyscott
Fri Jun 19, 2020 8:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard’s Fund Access feature - Any downside?
Replies: 4
Views: 602

Re: Vanguard’s Fund Access feature - Any downside?

It has a transaction fee at Vanguard, unless assets are over $1 million. https://investor.vanguard.com/investing/transaction-fees-commissions/mutual-funds (you can also see that Vanguard sets their own, higher, minimum investment level near the bottom of that page) If the (potential) fee is charged ...
by jeffyscott
Wed Jun 17, 2020 8:36 am
Forum: Investing - Theory, News & General
Topic: The “Abandon Bonds” strategy
Replies: 200
Views: 16233

Re: The “Abandon Bonds” strategy

Unlike others here, I think an extra 1% rate of return is very big over the long term - more than what you are likely to get by following Bogle's advice for owning the market cheaply. I consider 20-30% more money at retirement to be very significant in terms of non-essential expenses, and you could...
by jeffyscott
Tue Jun 16, 2020 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 742
Views: 97876

Re: Best CD rates thread

The biggest issue is that the CU might lower the CD rate before they receive the money. Some will guarantee the rate once they receive the transfer form, but many will not. It's on my list of things to do to call a CU I'm thinking of doing a transfer to to see what their policies are on this. Kevin...
by jeffyscott
Tue Jun 16, 2020 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 742
Views: 97876

Re: Best CD rates thread

One other bank was still called a "Savings and Loan", Massena Savings & Loan, a couple very old comments from 2009, 2010 indicate local only and I have not checked if that's still the case (I figured with 2-3% on IRA CDs, it would've been posted about here and/or had more recent comments). I did no...
by jeffyscott
Tue Jun 16, 2020 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 742
Views: 97876

Re: Best CD rates thread

I also see a couple of 3% 5-year IRA CDs at credit unions when I remove the geographic restrictions, but they don't appear to offer a way to join that would work for me. In the past, I've found one or two opportunities this way, when there was a way to join, but for some reason they didn't show up ...
by jeffyscott
Mon Jun 15, 2020 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 742
Views: 97876

Re: Best CD rates thread

Thanks, Kevin. I will definitely go the fax route. I assume the money being transferred would need to be in cash at the time the current custodian (Schwab) receives the transfer form? I did plan to ask about a guarantee on the rate. I'd been thinking that I'd be obtaining and mailing a check made ou...