Search found 7243 matches

by jeffyscott
Mon Nov 12, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 57
Views: 5071

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I wish Vanguard would get into the game. It would simplify things for me. But I totally get why the big boys aren't getting into it. Look at the fees, they're piddly. I did a post recently looking at all the top players and the vast majority would collect fees from me of under $100 a year. Hard to ...
by jeffyscott
Sun Nov 11, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: IRS publishes draft 2018 1040 - Huge changes made
Replies: 168
Views: 20855

Re: IRS publishes draft 2018 1040 - Huge changes made

90% file electronically, they should be figuring out how to convince the remaining 10% to join the 21st century, rather than fooling around with the paper forms. It costs to file electronically unless you are poor. So unless they provide a free application I will file on paper. I think there's usua...
by jeffyscott
Sun Nov 11, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: Jitterbug flip phone or alternative?
Replies: 8
Views: 997

Re: Jitterbug flip phone or alternative?

There are apps for any Android phone that acts like a "skin" or interface and drastically simplifies it. I believe you can customize it so that it only shows the needed functions. If there is someone helping them get this setup, that could be an option and opens up the choices a lot more. Here is a...
by jeffyscott
Sat Nov 10, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Chase points - what's the point of buying gift cards
Replies: 30
Views: 2516

Re: Chase points - what's the point of buying gift cards

I always take the statement credit for the simple fact that purchasing the item with the credit card will earn more rewards points. Ding, ding, ding! :thumbsup Unless we're getting at least a 5% discount on gift cards that we know for a fact that we'll use, we always opt for cash back. That's a goo...
by jeffyscott
Sat Nov 10, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: P/E Ratios - US vs International
Replies: 19
Views: 1399

Re: P/E Ratios - US vs International

columbia wrote:
Fri Nov 09, 2018 8:28 pm
The global cap partisans perhaps want others to do so also, as a way to prop up the value of the choice? ;)
Yes, would you please buy some, anytime in the next 20 years or so would be good. Thanks :!: :happy
by jeffyscott
Fri Nov 09, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: What to do with two HSAs?
Replies: 6
Views: 697

Re: What to do with two HSAs?

Any suggestions for where to move my HSAs? An investing option would be nice, but we do plan on paying all medical expenses out of this account and a decent interest rate option would be fine as well. I found this helpful: https://thehsareportcard.com My feeling is the 3 best options are Lively, Fu...
by jeffyscott
Fri Nov 09, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Chase points - what's the point of buying gift cards
Replies: 30
Views: 2516

Re: Chase points - what's the point of buying gift cards

Unfortunately many people make the mistake of valuing points as whatever the list price of a hotel/flights/etc that they use the points for yet would actually never pay that much for the item. In this case for example if you would not have purchased the room @ $550 but could have gotten it cheaper ...
by jeffyscott
Fri Nov 09, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Chase points - what's the point of buying gift cards
Replies: 30
Views: 2516

Re: Chase points - what's the point of buying gift cards

I would not use Chase Ultimate Reward Points at 1 cent per point. That is just not a good deal. For example, I recently used Chase UR points by transfer to Hyatt at a CB value of over 10% for a trip DW and I are taking next week (30,000 points generated by charging $10,000 to CSR card fully paid fo...
by jeffyscott
Fri Nov 09, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: I-bonds to 529, tax exemption
Replies: 7
Views: 787

Re: I-bonds to 529, tax exemption

The 529 plan has received and invested my contribution and they do show the correct amount for earnings. I think that I will have to keep other records for my state income tax deduction, because the confirmation shows it as "rollover/transfer" broken down between contributions and earnings. The earn...
by jeffyscott
Thu Nov 08, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: I-bonds to 529, tax exemption
Replies: 7
Views: 787

Re: I-bonds to 529, tax exemption

Well I'm going to give it the old college try here in a few days. I'll check back in once it is completed and income taxes are finished. I hope it goes smooth but the TD guy didn't ease my anxiety too much when he didn't know it was an option. Thanks for the reply and your experience. the old colle...
by jeffyscott
Wed Nov 07, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: Car rentals, what is the catch?
Replies: 46
Views: 5317

Re: Car rentals, what is the catch?

All these replies and virtually no real comment on what the actual "CATCH" is of these super-lost cost places by anyone. Having used a few, there definitely are real catches that you have to be aware of, and which in my opinon, make it well worth it to spend the 'normal' amount and go Hertz or othe...
by jeffyscott
Wed Nov 07, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Do I need more than Original Medicare?
Replies: 110
Views: 5914

Re: Do I need more than Original Medicare?

User mur44, who's a "Certified Volunteer Medicare Counselor from NJ," has argued that it might not be totally insane to have parts A, B, and D, but no supplemental (Medigap) policy. I really don't want to speak for him and I probably wouldn't agree even if I remembered all the details of his argume...
by jeffyscott
Wed Nov 07, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: I-bonds to 529, tax exemption
Replies: 7
Views: 787

Re: I-bonds to 529, tax exemption

Does anyone have experience with getting a tax exemption on earned interest from an I-bond when that money is deposited into a 529 account? I have not, but we are in the process of doing this. You may find the 529 plan is not really set up to handle this very well either. Ours has a place on the fo...
by jeffyscott
Tue Nov 06, 2018 9:33 am
Forum: Personal Consumer Issues
Topic: Jitterbug flip phone or alternative?
Replies: 8
Views: 997

Re: Jitterbug flip phone or alternative?

There are apps for any Android phone that acts like a "skin" or interface and drastically simplifies it. I believe you can customize it so that it only shows the needed functions. If there is someone helping them get this setup, that could be an option and opens up the choices a lot more. Here is a...
by jeffyscott
Tue Nov 06, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: Jitterbug flip phone or alternative?
Replies: 8
Views: 997

Jitterbug flip phone or alternative?

Looking for an easy to use cell phone for someone in mid-80s who is having trouble using his current flip phone. He has trouble seeing small numbers due to his vision worsening. He also needs something simple to understand, having had little experience using even the flip phone. He lost his spouse r...
by jeffyscott
Tue Nov 06, 2018 7:33 am
Forum: Investing - Theory, News & General
Topic: Thoughts on 5 year TIPS bonds?
Replies: 42
Views: 3562

Re: Thoughts on 5 year TIPS bonds?

For those in retirement, who treat fixed income as a means of wealth preservation (rather than seeking maximum growth which comes with associated risk), and who can comfortably afford to tie up savings for 5 years, why would a guarantee of beating inflation by 1% over 5 years in a tax-deferred acco...
by jeffyscott
Mon Nov 05, 2018 10:21 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on 5 year TIPS bonds?
Replies: 42
Views: 3562

Re: Thoughts on 5 year TIPS bonds?

There has been some mention of the seasonality effect. #Cruncher developed a spreadsheet to derive an estimated real yield that factors in seasonality. I made some modifications, for example, to dynamically pull CPI data from FRED, and to use quotes downloaded from Fidelity. Below is a chart showin...
by jeffyscott
Mon Nov 05, 2018 9:24 am
Forum: Investing - Theory, News & General
Topic: How many eggs in one basket?
Replies: 24
Views: 2736

Re: How many eggs in one basket?

... To clarify, I’m not worried Vanguard could go broke, I’m essentially concerned about their IT which seems outdated and fragile. So, the real risk I see is more about their website becoming an attractive target for hackers... I'm sure that's a concern for Vanguard. On your part, as long as you'r...
by jeffyscott
Sun Nov 04, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: Best way to guesstimate returns of lifestrategy funds?
Replies: 19
Views: 905

Re: Best way to guesstimate returns of lifestrategy funds?

^ yeah, good call. Forecasted returns are pretty sad. RA's are much less sad than GMOs, though. GMO? I’m not aware of that. Care to educate me? I think you have to register (free) to view their forecasts, but they have US large cap at -5.2% as of Sept. 30, for example. Theirs is a 7 year forecast, ...
by jeffyscott
Sun Nov 04, 2018 3:31 pm
Forum: Investing - Theory, News & General
Topic: Best way to guesstimate returns of lifestrategy funds?
Replies: 19
Views: 905

Re: Best way to guesstimate returns of lifestrategy funds?

B4Xt3r wrote:
Sun Nov 04, 2018 3:17 pm
^ yeah, good call.

Forecasted returns are pretty sad.
RA's are much less sad than GMOs, though.
by jeffyscott
Sun Nov 04, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7545

Re: I Bond fixed rate = 0.5%

Are not TIPS yielding (real) more than 1%? Why buy IBonds? Doesn't one have to pay income tax on imputed income each year for TIPS, but not iBonds? Right, however it takes a lot of time, and/or higher 'taxflation' on TIPS, and/or a drop in tax bracket in the future to make up the whole difference b...
by jeffyscott
Sun Nov 04, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: Best way to guesstimate returns of lifestrategy funds?
Replies: 19
Views: 905

Re: Best way to guesstimate returns of lifestrategy funds?

... Yes it is. Interesting, so is the following list the best corrsepondence: TSM - "Large US" Total international - "EAFE" TBM - "US Aggregate" Total International Bond - "Global aggregate" ? Total International is a mix of EM and EAFE. Maybe about 20% emerging and 80% EAFE. TSM is a mix of large ...
by jeffyscott
Sun Nov 04, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs CDs
Replies: 39
Views: 4326

Re: Bonds vs CDs

Yes, clearly the value of brokered CDs fluctuates based on interest rates and remaining maturity, just like a bond. Direct CDs don't fluctuate in value, since they can not be sold. All you can do is cash them in and collect the interest less any penalty. I could see it as earning 0% for the length ...
by jeffyscott
Sun Nov 04, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: iShares ETFs vs. Vanguard's Inv Grade Bond Index Funds
Replies: 4
Views: 589

Re: iShares ETFs vs. Vanguard's Inv Grade Bond Index Funds

Thanks. The equivalent funds are roughly the same. The Vanguard equivalents to the ishares are VSTBX, VCIBX & VUBRX. Packer I think the confusion was your reference to "Vanguard's Inv Grade Bond..." in the title, even though you listed the tickers for the Vanguard Corporate Bond Index funds in the ...
by jeffyscott
Sun Nov 04, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: Vanguard dividend appreciation fund has performed well this year
Replies: 3
Views: 639

Re: Vanguard dividend appreciation fund has performed well this year

I think it's "high quality", not value. It is surprising that it has beaten the S&P 500 over the past 3 years. It's long term rank in category is only 57th %ile, according to M*. So looking at just the last 3 years, does seem to be cherry picking a period that happened to work out well for that inde...
by jeffyscott
Sun Nov 04, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: Bonds vs CDs
Replies: 39
Views: 4326

Re: Bonds vs CDs

Anyone who says a CD does not fluctuate in value, with no qualifications, has either never owned brokered CDs or never paid attention to the quoted values of their CDs. The price/yield relationship for a brokered CD follows the same math that applies to a bond; i.e, one (yield or price) can be deri...
by jeffyscott
Sat Nov 03, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: Bonds vs CDs
Replies: 39
Views: 4326

Re: Bonds vs CDs

What is included in cash and cash equivalents? The term cash and cash equivalents includes: currency, coins, checks received but not yet deposited, checking accounts, petty cash, savings accounts, money market accounts, and short-term, highly liquid investments with a maturity of three months or le...
by jeffyscott
Sat Nov 03, 2018 7:51 am
Forum: Investing - Theory, News & General
Topic: Bonds vs CDs
Replies: 39
Views: 4326

Re: Bonds vs CDs

CDs are bonds. Yes, a special type of bond issued by a bank. I’m not sure it matters to the OP, but it’s worth being accurate. CDs are not a “special type of bond”. They are a form of savings account. You aren’t loaning the money to anyone when you purchase a CD, you are depositing your money in a ...
by jeffyscott
Fri Nov 02, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs CDs
Replies: 39
Views: 4326

Re: Bonds vs CDs

<snip> 2. I Bond - now 2.87%, virtually risk-free, great liquidation, but limited at $10k per year. You can't sell for one year after purchase, so no liquidity for one year. So I wouldn't compare an I Bond to a fully-liquid, zero term risk cash account, but to something with a maturity of at least ...
by jeffyscott
Fri Nov 02, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7545

Re: I Bond fixed rate = 0.5%

values displayed by the Savings Bond Calculator for bonds that are less than five years old do not include the latest three months of interest. These values reflect the interest penalty. Yes, but I was thinking bond bought in May should now have interest credited for May, June, July, Aug and the pe...
by jeffyscott
Fri Nov 02, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7545

Re: I Bond fixed rate = 0.5%

looks like based on their website the 3 months is the last 3 of interest. And it looks like the interest is compounded. "I bonds increase in value on the first day of each month, and interest is compounded semiannually based on each I bond's issue date. An I bond's issue date is the month and year ...
by jeffyscott
Fri Nov 02, 2018 8:14 am
Forum: Investing - Theory, News & General
Topic: Roth conversion strategy
Replies: 19
Views: 2091

Re: Roth conversion strategy

Another place where the tax rate tables do not reflect marginal rates is when you potentially could have a zero tax rate on qualified dividends and long term capital gains. -- good example at the bottom of this page (but uses old tax rate table) https://www.bogleheads.org/wiki/Marginal_tax_rate And...
by jeffyscott
Fri Nov 02, 2018 7:50 am
Forum: Investing - Theory, News & General
Topic: Bonds vs CDs
Replies: 39
Views: 4326

Re: Bonds vs CDs

Thank you all. Qns for you @trueblueky and @jeffyscott 1."And 1 year Treasury is at 2.67%, significantly better than that 11 month CD rate." How and where can I buy say $10K worth of 1 year treasuries? 2. "Three-month treasuries pay more and do not incur state income tax." - Same question as above ...
by jeffyscott
Fri Nov 02, 2018 7:32 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7545

Re: I Bond fixed rate = 0.5%

Is I Bond a good place to park some emergency fund? I assume it is based on what I have read so far. But someone above pointed out 1-year Treasury is yielding more and tax-free(??) But I assume that doesn't have the level of liquidity like I Bond. Is that right? Where do you guys park your emergenc...
by jeffyscott
Thu Nov 01, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs CDs
Replies: 39
Views: 4326

Re: Bonds vs CDs

One-month Treasury bills are currently yielding 2.21%, are exempt from state and local taxes, and can be automatically rolled over at many brokerages. If you expect interest rates to rise, T-bills look like the better deal right now. And 1 year Treasury is at 2.67%, significantly better than that 1...
by jeffyscott
Thu Nov 01, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7545

Re: I Bond fixed rate = 0.5%

Question for retired I bond purchasers: What are you selling to buy them? I'm not sure if I'll buy, but my current first choice for any selling (for whatever reason) would be old I-bonds with 0% fixed rate. Sold some today, proceeds will fund a 529. To equal a 1 year treasury over the next year, th...
by jeffyscott
Thu Nov 01, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: Initial SEC yield and subsequent 5yr and 10yr returns
Replies: 204
Views: 18764

Re: Initial SEC yield and subsequent 5yr and 10yr returns

It tends to be larger increases toward the end of the holding period that can contribute significantly to the negative deltas. That makes sense, as there is less time to recover due to the factor you mentioned: a new 10-year bond is being added to the ladder at a higher rate each year, increasing t...
by jeffyscott
Wed Oct 31, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Initial SEC yield and subsequent 5yr and 10yr returns
Replies: 204
Views: 18764

Re: Initial SEC yield and subsequent 5yr and 10yr returns

VG doesn't report compound returns as far as I can see just calendar year total returns and average annual returns for up to ten year periods. I still would like the compound returns however. I think what they call annual average is compounded. For example VTSMX shows 3 year 16.94% and on the cumul...
by jeffyscott
Wed Oct 31, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Initial SEC yield and subsequent 5yr and 10yr returns
Replies: 204
Views: 18764

Re: Initial SEC yield and subsequent 5yr and 10yr returns

Here's the chart for the simulated bond ladder for start years 1871 through 2008: https://i.postimg.cc/NF07KQNS/Screenshot-2018-10-27-Bogleheads-Bond-Fund-Simulator-Long-Invest-1.png Going back to this chart, I noticed that prior to ~1925 or so nearly all the results have the realized return below ...
by jeffyscott
Wed Oct 31, 2018 7:53 am
Forum: Investing - Theory, News & General
Topic: Roth 401/403/457 withdrawals pre 59.5. Tax/penalty? What if rolled over to Roth IRA?
Replies: 25
Views: 1362

Re: Roth 401/403/457 withdrawals pre 59.5. Tax/penalty? What if rolled over to Roth IRA?

I am sorry to have made you wade through that article. Not a problem. :D It was time to go through it carefully. I see how so many people are getting the wrong idea about one of the 5 year rules. It's not what Kitces says, but it is what people think Kitces says. I think that article and others abo...
by jeffyscott
Tue Oct 30, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: Initial SEC yield and subsequent 5yr and 10yr returns
Replies: 204
Views: 18764

Re: Initial SEC yield and subsequent 5yr and 10yr returns

Here's the chart for the simulated bond ladder for start years 1871 through 2008: https://i.postimg.cc/NF07KQNS/Screenshot-2018-10-27-Bogleheads-Bond-Fund-Simulator-Long-Invest-1.png Going back to this chart, I noticed that prior to ~1925 or so nearly all the results have the realized return below ...
by jeffyscott
Tue Oct 30, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Initial SEC yield and subsequent 5yr and 10yr returns
Replies: 204
Views: 18764

Re: Initial SEC yield and subsequent 5yr and 10yr returns

The SEC yield on a TIPS fund would be calculated as it is for all bond funds, on nominal yield. That depends on who is doing the calculating, Vanguard shows it based on real return. Here's what they show for VAIPX: http://i.imgur.com/N9qcrXD.png E — BASED ON HOLDINGS' YIELD TO MATURITY FOR 30 DAYS ...
by jeffyscott
Tue Oct 30, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 480
Views: 72295

Re: 2-year CDs at Vanguard and Fidelity Today

Today I got 3.2% for about 2 year, 3 mo. (Feb. 2021) and this time it was filled. But, I first got a call from Schwab asking if I planned to sell to cover. When I said, "yes, if it gets filled", she said "okay, I will put it through". Which I thought was odd since they've not called about similar CD...
by jeffyscott
Mon Oct 29, 2018 7:32 pm
Forum: Investing - Theory, News & General
Topic: Rollover - Time out of market
Replies: 17
Views: 1385

Re: Rollover - Time out of market

My conversions were not cash either, mutual fund shares were converted.
by jeffyscott
Mon Oct 29, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: Moving positions between taxable, tax-advantaged, & tax-free accounts
Replies: 3
Views: 483

Re: Moving positions between taxable, tax-advantaged, & tax-free accounts

I've been doing something like that to a limited extent with conversions. This is my first year doing Roth conversions and I've elected to do it with emerging markets and foreign developed as they have the highest expected returns right now. Also this means I effectively bought a modest amount of th...
by jeffyscott
Mon Oct 29, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 480
Views: 72295

Re: 2-year CDs at Vanguard and Fidelity Today

Nope, they cancelled it. It is rather obnoxious that seeing this: http://i.imgur.com/Eu70chN.png and this: http://i.imgur.com/LukKCGA.png Does not mean that you will actually get any CDs even when you have successfully put in an order to buy. After that showed up as cancelled, I had another one that...
by jeffyscott
Mon Oct 29, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: Rollover - Time out of market
Replies: 17
Views: 1385

Re: Rollover - Time out of market

For the IRA to Roth conversion, I have to complete a form and mail it to the broker. From my contact there, I understand they want some one to talk to the customer first and make sure the customer understands there are tax implications. (This is with one of the major discount brokers.) I would find...
by jeffyscott
Mon Oct 29, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Initial SEC yield and subsequent 5yr and 10yr returns
Replies: 204
Views: 18764

Re: Initial SEC yield and subsequent 5yr and 10yr returns

Assuming that the 10-4 year simulated Treasury ladder has an average maturity of 7 years and a duration something less than that I don't understand why the comparison is the next 10 years . In addition a 4-10 ladder would have roll down yield effects which again confounds the comparison. :? Perhaps...
by jeffyscott
Mon Oct 29, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 480
Views: 72295

Re: 2-year CDs at Vanguard and Fidelity Today

I seem to be having odd things happen with every CD purchase lately. Today's adventure is having the "fill or kill" order sit open. I chatted regarding this, asked: I placed a CD order about 20 minutes ago. It is still open. How long does the seller have to fill it? and, after checking with the fixe...
by jeffyscott
Sun Oct 28, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: Roth 401/403/457 withdrawals pre 59.5. Tax/penalty? What if rolled over to Roth IRA?
Replies: 25
Views: 1362

Re: Roth 401/403/457 withdrawals pre 59.5. Tax/penalty? What if rolled over to Roth IRA?

So it seems "designated Roth account" includes Roth 401/403/457. Yes, I have seen that terminology applied to the roth portion of my 457. And it seems "investment in the contract" means the contributions but not the earnings. This is my understanding of that term, also. So it looks like contributio...