Search found 474 matches

by gips
Wed Oct 17, 2018 8:18 am
Forum: Investing - Theory, News & General
Topic: flattening yield curve and tlh treasuries
Replies: 6
Views: 724

Re: flattening yield curve and tlh treasuries

Waiting to the end of the year may result in a loss of opportunity. and the value of the tax loss more than offsets any new yield.
by gips
Wed Oct 17, 2018 4:03 am
Forum: Investing - Theory, News & General
Topic: flattening yield curve and tlh treasuries
Replies: 6
Views: 724

Re: flattening yield curve and tlh treasuries

I don’t see a percentage in my op. And why does use of money influence tlh?
by gips
Tue Oct 16, 2018 10:09 pm
Forum: Investing - Theory, News & General
Topic: flattening yield curve and tlh treasuries
Replies: 6
Views: 724

flattening yield curve and tlh treasuries

I have a $5k short-term cap loss in two-year Treasuries. Given the flattening of the yield curve, I can harvest the position, move to one-year treasuries at a "cost" of about 22 basis points. In general, the flattening of the yield curve seems to offer superior TLH opportunities for treasuries. make...
by gips
Sun Sep 30, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: confused on how tips work
Replies: 7
Views: 835

Re: confused on how tips work

thanks! still, it seems to me the wiki article is incorrect. shouldn't the balance have been adjusted positively when the index rose?
by gips
Sun Sep 30, 2018 10:23 am
Forum: Investing - Theory, News & General
Topic: confused on how tips work
Replies: 7
Views: 835

confused on how tips work

Hi, I've read the wiki here and about five articles on the web, I find them all confusing, here's the source of my confusion: "If there is inflation, the adjusted principal goes up. If there is deflation , the adjusted principal goes down" and this quote from investopedia aligns with my definition o...
by gips
Thu Sep 27, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: Achieva offers 4.2% 5 year IRA CD for $75k or >
Replies: 32
Views: 6149

Re: Achieva offers 4.2% 5 year IRA CD for $75k or >

still available, I'll update this reply as events occur. - sep 17 - called to see if rate was still available. Tried to sign up online, 2FA text never arrived. Called achieva back, reported problem, was told I'd get a callback from tech team by close of business. Never received call. - sep 18 - neve...
by gips
Thu Sep 27, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

Re: SIL - 25x vs firecalc

three main reasons: - he loves her, is concerned with her well-being and understands her challenges. - In ten years, I'll most likely be dead, perhaps my wife too. What happens with our SIL today will directly affect him and his finances when we're gone. - Our SIL will listen to him but not us. This...
by gips
Wed Sep 26, 2018 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

Re: SIL - 25x vs firecalc

Yes, if let to her own devices she will run through her nest egg. She has been enabled for years. She will have a pension and SS. I doubt she will end up in a van down by the river. There is absolutely nothing you can do to change anything. Let it go and send her $ when she needs it. This is just n...
by gips
Wed Sep 26, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

Re: SIL - 25x vs firecalc

OP, My basic ethic/rule in life is Do not force others to do the thing that I would not do myself. So, if you are unwilling or unable to help your SIL, it is not your place to pressure the son to support your SIL. KlangFool Kf, I don’t understand the point of your post, we are willing and able to s...
by gips
Wed Sep 26, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

Re: SIL - 25x vs firecalc

thank you for your thoughts, I agree, first her parents and now we are enabling her behavior and I've been saying it for 20 years but I can only influence, not dictate the way my wife and her brother interacts with their sister. As for getting her son involved, he and my wife are jointly attempting ...
by gips
Wed Sep 26, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 74306

Re: 2-year CDs at Vanguard and Fidelity Today

I'm trying my first ira-to-ira transfer to take advantage of achieva's 4.2%, no ewp if you're over 59.5, certificate. If I can affect the transfer in time, I believe it's far superior to a 2-year cd at vg or fid.
by gips
Wed Sep 26, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

Re: SIL - 25x vs firecalc

thank you again, here are some thoughts: - my sil won't work and is not really capable of it at this point - we've considered annuities, it will be hard to convince her to give up so much money. I do think it's a great solution. - in return for helping her move and getting her mortgage out of arrear...
by gips
Tue Sep 25, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

Re: SIL - 25x vs firecalc

sorry for the dup, not sure how it happened.
by gips
Tue Sep 25, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

Re: SIL - 25x vs firecalc

thank you for all the thoughtful replies!! She needs to take $20,000 from the portfolio over the next 3 years in order to spend $40,000 per year. That’s almost 1/4 of her portfolio and she will be down to $190,000 at 65 (assuming the return keeps pace with inflation). Or about $8,000 per year at a 4...
by gips
Tue Sep 25, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

Re: SIL - 25x vs firecalc

She needs to take $20,000 from the portfolio over the next 3 years in order to spend $40,000 per year. That’s almost 1/4 of her portfolio and she will be down to $190,000 at 65 (assuming the return keeps pace with inflation). Or about $8,000 per year at a 4% withdrawal. Is the pension inflation adj...
by gips
Tue Sep 25, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

Re: SIL - 25x vs firecalc

none is in tips, her money is sitting in a high yield savings account. a 40-60 split yields a 47 percent success rate in firecalc. I'm very hesitant to commit that much of her portfolio to equities given 1) the current cape10 ratio and 2) the recriminations that will come our way when the market ine...
by gips
Tue Sep 25, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: SIL - 25x vs firecalc
Replies: 39
Views: 4215

SIL - 25x vs firecalc

I wrote about my SIL here: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=254814&p=4040329&hilit=sil#p4036190 here's the current situation: - this year, 3 months from her 62nd birthday, she declared herself retired and quit her job. Decision made without regard to finances. - Sold her coop in ...
by gips
Sun Sep 23, 2018 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Reducing longterm capital gains taxes
Replies: 15
Views: 1625

Re: Reducing longterm capital gains taxes

Establish residency in a no tax state prior to completing sale. One of my partners did this and it paid for his house.
by gips
Tue Sep 18, 2018 7:46 pm
Forum: Investing - Theory, News & General
Topic: Bonds. Why? (vs. cds)
Replies: 59
Views: 4818

Re: Bonds. Why? (vs. cds)

m@ver1ck wrote:
Tue Sep 18, 2018 7:45 pm
If we can assume that US interest rates are going to keep going up slowly through the next few years, why is better to invest in Bonds, vs. just investing in a CD ladder?

Do Bonds Yield more than CDs?
Ally has 2.5% CDs for a one year period, for instance (for a 25K minimum).
We can’t assume.
by gips
Wed Sep 12, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: estimated tax payment after sale of primary home?
Replies: 6
Views: 530

Re: estimated tax payment after sale of primary home?

thanks, she stopped working in may, so I'm thinking she won't qualify for safe harbor.
by gips
Wed Sep 12, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: estimated tax payment after sale of primary home?
Replies: 6
Views: 530

estimated tax payment after sale of primary home?

Hi,

My single sil just sold her primary residence and had a $400k long term cap gain. Her earned income is about $20k will she have to pay gap gain tax? if so is it 15% of (400k-250k) = $22.5k If that's correct, should she make an estimated payment?

tia!
by gips
Sun Sep 09, 2018 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall at 40.5
Replies: 15
Views: 3304

Re: Windfall at 40.5

Congrats! I started a company with some partners and we found ourselves in a similar position with similar numbers. Like you, I used bonds to offset my company stock position. Here are some thoughts: - get thee to a tax advisor. We used a big name firm for our company’s books and cut a deal to use t...
by gips
Sat Sep 08, 2018 6:15 am
Forum: Personal Consumer Issues
Topic: Best cloud hosting provider?
Replies: 4
Views: 703

Re: Best cloud hosting provider?

I have experience with providers, tough to answer your question without requiremts: read-only? what software do you require, availability, performance, concurrent users, geographies, etc.

also, I’m skeptical of your conclusion around seo.
by gips
Fri Sep 07, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Rec. for a specific type of internet router
Replies: 33
Views: 1591

Re: Rec. for a specific type of internet router

We just get the service from comcast. The piece of hardware that I was calling a gateway is a Motorola® SURFboard® SB6121 DOCSIS 3.0 Cable Modem. We need the it (cable modem/router combo) to send out a wireless signal within the space of the basement to use devices down there. When we installed on ...
by gips
Fri Sep 07, 2018 12:55 am
Forum: Personal Consumer Issues
Topic: What is best billing software for consulting firms?
Replies: 4
Views: 594

Re: What is best billing software for consulting firms?

I did a search for our company about 7 years ago and chose timelive for time and expense tracking. It integrated perfectly with our qb accounting system.

I’m sure the vendor landscape has changed since then but worth a look.
by gips
Sat Aug 25, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a job at a startup without a 401k
Replies: 23
Views: 1823

Re: Taking a job at a startup without a 401k

as you point out op, it's just a financial calculation.

For those that think a startup not offering a 401k is shortsighted, I suggest you start your own company. The rules around owner vs. employee contribution pools can be concerning.
by gips
Fri Aug 24, 2018 1:20 am
Forum: Personal Finance (Not Investing)
Topic: Varying college costs across kids in the same family
Replies: 92
Views: 5294

Re: Varying college costs across kids in the same family

We gave each kid the same budget, it allowed them to pay for four years at the school of their choice. Leftover $ can be used for grad school. We communicated the only caveat to them when they entered high school: they had to apply to our state flagships and had to attend if they were their best adm...
by gips
Thu Aug 23, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 89
Views: 6062

Re: physics/math major looking for programmer/analyst job?

thanks kf, I googled and I have an ex-partner that worked there. all good.
by gips
Thu Aug 23, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 89
Views: 6062

Re: physics/math major looking for programmer/analyst job?

thanks again for all the replies! he received an offer yesterday! Mid-sixties in Boston, 6-8 weeks of training and then off to a client site. Not his dream job, he has two weeks to accept and continues to interview. He has 2nd round interviews with a hedge fund and an investment bank, I'm sure stati...
by gips
Thu Aug 23, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: To buy or hold for housing crash in Bay Area CA
Replies: 27
Views: 3181

Re: To buy or hold for housing crash in Bay Area CA

I think the financial benefits of owning your home vs renting are overrated. Although my prediction is not worth the bytes they are written on, I think over the next three years we're in for a) a recession b) a (>25%) drop in equity values and c) a large drop in housing prices. I base this on a) the...
by gips
Thu Aug 23, 2018 11:29 am
Forum: Investing - Theory, News & General
Topic: What to do at 62?
Replies: 62
Views: 8530

Re: What to do at 62?

not sure how far away you are from 62 and your healthcare picture, I just turned 62 and have found aca cost and subsidies also need to be modeled.
by gips
Mon Aug 20, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 89
Views: 6062

Re: physics/math major looking for programmer/analyst job?

thanks for all the great feedback and ideas! Here are some thoughts: - statistics: He has an applied math degree and is very strong in statistics - data science: he;d love to work in the field but claims 95% of the job postings require an ms or phd - geography: he's not limited his search to nyc. A ...
by gips
Mon Aug 20, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 12267

Re: Is a million really the benchmark for retirement

A million, or any amount, isn't a meaningful litmus test. Instead, look at savings/retirement income through the lenses of anticipated expenses, life expectancy, and portfolio growth.

try a tool like i-orp to see if you've saved enough.
by gips
Fri Aug 17, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 89
Views: 6062

Re: physics/math major looking for programmer/analyst job?

Thanks for the replies! - he’d love to get an ms but doesn’t have a $ to his name - he doesn’t want to become a math teacher - he’s interested in data science, has a good background for it but has not fared well in interviews for those positions. - good idea on the signal processing, etc roles Best,
by gips
Fri Aug 17, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 89
Views: 6062

physics/math major looking for programmer/analyst job?

Hi, My nephew graduated a year ago from stony brook university with a 3.3 gpa with a double major in applied math and physics. He quickly came to realize there are very few job prospects within his areas of study and spent the last year learning how to code (java, python, sql). He's obtained a numbe...
by gips
Mon Aug 13, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1353
Views: 229289

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

does anyone know if brokered cds can be transferred to another brokerage?
by gips
Sun Aug 12, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 7419

Re: Private Banking is a trap. Don't do it!

I had the exact same thing happen, I was moving a lot of $ around via my bank and they approached me to become a private client. I had a meeting with my banker and someone from their investment manager arm. I told the investment manager I wanted a self-directed brokerage account and wasn't intereste...
by gips
Sun Aug 12, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 74306

Re: 2-year CDs at Vanguard and Fidelity Today

In any case, I continue to believe interest rates will increase, bond funds will shed principal and the cd market is not as efficient as the broader equity or fixed income market. If you believe rates in general will increase, then sticking with shorter-term maturities makes sense. I have little co...
by gips
Sat Aug 11, 2018 3:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Don’t Go “Mad Money”
Replies: 22
Views: 3458

Re: Larry Swedroe:Don’t Go “Mad Money”

He's smart, knows markets and completely realizes there's no value in the advice he provides. At best it's immoral, at worst, he's a con man. I don't see how he sleeps at night.
by gips
Sat Aug 11, 2018 8:47 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 74306

Re: 2-year CDs at Vanguard and Fidelity Today

protagonist wrote:
Fri Aug 10, 2018 9:37 pm

Is the opposite true? If you buy below par will FDIC reimburse you 100% of par? I would think so.
well there's an interesting thought! purchase secondary cds far below par from banks that may fail.
by gips
Sat Aug 11, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 74306

Re: 2-year CDs at Vanguard and Fidelity Today

indeed, this week, just before we funded the justice fcu 24-month %3.354 cd along comes the freedom fcu 30-month %3.56 offer. we changed gears, and hope to have that funded tomorrow. still, as I look at some of the low rates in our cd ladder (1.4%, 2%, etc), I wonder, even with the loss of principa...
by gips
Wed Aug 08, 2018 8:35 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 74306

Re: 2-year CDs at Vanguard and Fidelity Today

Things can change quickly. indeed, this week, just before we funded the justice fcu 24-month %3.354 cd along comes the freedom fcu 30-month %3.56 offer. we changed gears, and hope to have that funded tomorrow. still, as I look at some of the low rates in our cd ladder (1.4%, 2%, etc), I wonder, eve...
by gips
Wed Aug 08, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 74306

Re: 2-year CDs at Vanguard and Fidelity Today

I understand the ease of brokered cds and they are often within 20 basis points of the broader cd market but in the current market, I think it pays to purchase outside of fidelity, vanguard and schwab.
by gips
Wed Aug 08, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: What (simple) desktop to buy
Replies: 29
Views: 1443

Re: What (simple) desktop to buy

having worked for a computer manufacturer, I know a bit about hardware. I'd never purchase a computer from an electronics store, typically by definition, they are out of synch with the market in terms of price and performance. every computer I've purchased in the last 25 years has been from the dell...
by gips
Sun Aug 05, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Stress testing my portfolio
Replies: 28
Views: 2185

Re: Stress testing my portfolio

I performed a lot of stress testing just prior to retirement and It helped me determine my asset allocation. In one scenario, I projected as you did a 50% loss to my equity allocation. In another scenario, I modeled a 50% loss in our equity and bond portfolio. The latter result led to allocating 70%...
by gips
Sat Aug 04, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 16248

Re: Will you pay for your kids' college/graduate education?

We told our kids we’d pay for in-state public universities unless they were admitted to demonstrably better schools. I’m retired,last two in now, no cash flow so it’s painful but money well spent.

We’re thinking about 50 per cent of grad school costs.
by gips
Fri Aug 03, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 111
Views: 7690

Re: Minivan Vs SUV Experience

hate, hate minivans, three kids and a dog, had odyssey minivans until the oldest went off to college then switched to an acura mdx. Now, with an empty nest, will downsize again for the next purchase.
by gips
Wed Aug 01, 2018 11:29 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 762
Views: 78759

Re: New Fidelity Fund 0.00 ER

while consulting for a large asset mgr I threw around the idea of starting my own funds with a zero er. If the fund's aum grew large enough and the IT footprint used newer technologies, it looked viable through sec lending revenue and offering other services to investors. One of the premises was tha...