Search found 3392 matches

by MnD
Mon Jun 18, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 100
Views: 4082

Re: Which Supermarket are you?

Costco and Krogers. When I retire later this year I will branch out a bit, adding in Sprouts Farmers Market for produce and going to a farther away Kroger's as the close/convenient one we mainly use now attracts lots of lower income shoppers and is stocked accordingly.
by MnD
Mon Jun 18, 2018 9:03 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 139
Views: 8878

Re: Which boglehead rule do you break--and are ok with

We have 25% or so of our investment net worth in four Dodge and Cox funds. We own 2 individual stocks. We avoid bond index funds due to the biggest debtor approach to portfolio construction and instead opt for a mix of stable value in 401-K and active domestic and global bond in IRA's. We are not fr...
by MnD
Wed Jun 13, 2018 3:49 pm
Forum: Investing - Theory, News & General
Topic: Bottom hit for bond market?
Replies: 7
Views: 1595

Re: Bottom hit for bond market?

Sandtrap wrote:
Wed Jun 13, 2018 2:55 pm
Solutions?
Reinvest in CD's, Treasuries, etc.??
What to do.. . . .what to do. . .
Get the easiest, low stress part-time federal job you can find and roll everything into the TSP G fund.
Admission gate attendant at some obscure National Monument that's only open on Tuesdays and Saturday.
by MnD
Wed Jun 13, 2018 2:52 pm
Forum: Investing - Theory, News & General
Topic: Bottom hit for bond market?
Replies: 7
Views: 1595

Re: Bottom hit for bond market?

With the exception of the last four weeks, all the BND returns for the past year are negative. Down about 2% YTD, down 2% for the last 6 months, and down a little more than 1% for the past 12 months. Total Bond Market (total return) is also down for the past two years. https://s15.postimg.cc/huix05...
by MnD
Wed Jun 13, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: VMMXX (Vanguard Prime MM) risks
Replies: 71
Views: 7301

Re: VMMXX (Vanguard Prime MM) risks

I like reading about the fear of something like VMMXX in a pretty financially savvy place like Bogleheadlandia. In real life most people I know have their long-term cash holdings at the local work-affiliated credit union for maybe 0.50% at best. They would not only be afraid of VMMXX but they would ...
by MnD
Wed Jun 13, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 6945

Re: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement

Millennials having kids and wanting to get out of noisey multi-family housing urban living are making houses in our inner-ring suburb look more like winning lotto tickets. Leafy green quiet 8 miles from downtown Denver, walkable/bikeable to light rail stations and a trendy authentic old town center....
by MnD
Tue Jun 12, 2018 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Why don't we index the Nasdaq too?
Replies: 16
Views: 1973

Re: Why don't we index the Nasdaq too?

Blueskies123 wrote:
Tue Jun 12, 2018 4:52 pm
It is called QQQ
Since March 10, 1999. Magic 8-ball says go for it! What could go wrong?
Image
by MnD
Tue Jun 12, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement asset
Replies: 24
Views: 1430

Re: Home equity as part of retirement asset

The $36K or thereabouts value I receive annually in imputed rent (tax-free no less) goes into the economy, or more investments or whatever I want to do with it. And I don't have to cut my home up into a duplex or move to Wyoming. :beer
by MnD
Tue Jun 12, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement asset
Replies: 24
Views: 1430

Re: Home equity as part of retirement asset

WhiteMaxima wrote:
Tue Jun 12, 2018 3:23 pm
Home equity is locked in the house, need to free it and put int into hard work into economy.
That's exactly the sort of jargon bank ads use to keep people in debt, cash-flow broke and making payments forever.
by MnD
Tue Jun 12, 2018 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement asset
Replies: 24
Views: 1430

Re: Home equity as part of retirement asset

Moving to Wyoming or carving up ones home into some sort of duplex seems a bit speculative for booking future retirement assets. If that's a long-held firm plan and one is taking concrete actions to make that happen, I suppose it could be considered. But I'd get on the details sooner rather than lat...
by MnD
Sun Jun 10, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage Account Allocation
Replies: 4
Views: 273

Re: Brokerage Account Allocation

100% VT (Vanguard Total World Stock ETF).
by MnD
Sun Jun 10, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: What does "tap into" the Social Security trust fund mean?
Replies: 29
Views: 2258

Re: What does "tap into" the Social Security trust fund mean?

After the 1983 reform, SS collected much more in payroll taxes than benefits. This was invested in a special class of Treasury securities that belongs to the federal agency/authority that pays Social Security benefits. These securities and the reinvested interest constitutes the trust fund. Some yea...
by MnD
Sun Jun 10, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 104
Views: 12701

Re: Retire at 55, what's the magic number

It's been said before, but the two things you really have to consider before retiring early are: (1) medical costs / insurance until you reach 65, and (2) taxable savings until you reach 59.5. When retiring as early as 55 you need to remember to have a sizable taxable account, not just IRAs. Of cou...
by MnD
Sun Jun 10, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 104
Views: 12701

Re: Retire at 55, what's the magic number

Let me understand it better. It is essentially stating that if I can survive on the $30K per year, I could spend more if other conditions are met. So this is a variable dollar amount withdrawal scheme with 3% floor. Is that floor inflation adjusted? I am basing this on MnD's descriptions (i hope he...
by MnD
Sun Jun 10, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: College Credit Union or National Bank for new college student
Replies: 5
Views: 306

Re: College Credit Union or National Bank for new college student

Both kids have had Schwab checking since start of college and now after. They both make use of the brokerage account as well. One made the comment that their peers checking "deals" were typically awful relative to Schwab. One travels internationally quite a bit and really appreciates the free every ...
by MnD
Sun Jun 10, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 159
Views: 17852

Re: Don’t cheat yourself with the 4% rule

Maybe I am reading too much into it, but i do notice many poster advocating sub 2.5% because "valuations are high", "bonds yields are low", "healthcare is expensive", "you don't know what the future will bring, it may be different than the past", etc. But, you may be right that they are just descri...
by MnD
Sat Jun 09, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11033

Re: Are you including SS in your planning model? Are the benefits really that high?

The payroll tax and ceiling will be increased, the taxable portion will maybe be 100% instead of 85% for those above a certain income, for young people the retirement age will be very gradually increased a bit - those sorts of things. We aren't going to wake up on Jan 1, 2034 to SS eligibility means...
by MnD
Sat Jun 09, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: VMMXX (Vanguard Prime MM) risks
Replies: 71
Views: 7301

Re: VMMXX (Vanguard Prime MM) risks

I don't understand why Vanguard would produce money market funds meant to hold cash that are not riskless and don't understand why anyone would want to place their cash in such funds. I guess Vanguard is simply competing with the banks and Treasury Direct for it's share of our cash investments. Van...
by MnD
Sat Jun 09, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 159
Views: 17852

Re: Don’t cheat yourself with the 4% rule

5% of annual account balance, 3% inflation-adjusted floor, 70/30 AA .11ER. Average and median spend is better than 5% inflation-adjusted. Worst case is slightly better than 3% Inflation-adjusted. Yes the unlucky 1966 retiree spends 20 or so years on the 3% floor, but compare that to 2.5% SWR for _ev...
by MnD
Sat Jun 09, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: Rising Interest Rate Strategy
Replies: 35
Views: 4006

Re: Rising Interest Rate Strategy

I'm lucky to have a t-bond yield linked stable value fund for core fixed income. Beyond that, Prime Money Market, a T-bill ladder and an actively manged go-anywhere global bond fund with a relatively short duration. No change on the equity side - global market cap. I'm aware that at some level of in...
by MnD
Sat Jun 09, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Best banks for checking accounts?
Replies: 33
Views: 3193

Re: Best banks for checking accounts?

Moved to Schwab and couldn't be happier. Seems to meet all your criteria. Wish I had done it years ago.
by MnD
Sat Jun 09, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11033

Re: Are you including SS in your planning model? Are the benefits really that high?

Yes I do along with my federal pension and other benefits, my paid off house and other factors besides the size of my individual investment portfolio. Serially discounting or ignoring non-portfolio sources of income and assets will lead to some very large divergences in planning from a reasonable re...
by MnD
Fri Jun 08, 2018 6:16 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 141
Views: 20132

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

Perhaps it would help if you do not consider bonds an investment, but instead, protection against catastrophic loss. If you really want to invest all of your money in vehicles having high expected return, you need to accept the possibility of catastrophic loss. I think of catastrophic loss like bro...
by MnD
Fri Jun 08, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 159
Views: 17852

Re: Don’t cheat yourself with the 4% rule

Rarely mentioned by the ultra-low SWR planners (that also often seem keen on discounting pensions and SS) are how many more years or decades they worked or plan to work versus using more normal assumptions. I also hope they have $5 million or more. 2.5% SWR on say $2 million is $50K a year househol...
by MnD
Thu Jun 07, 2018 9:01 am
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 159
Views: 17852

Re: Don’t cheat yourself with the 4% rule

Rarely mentioned by the ultra-low SWR planners (that also often seem keen on discounting pensions and SS) are how many more years or decades they worked or plan to work versus using more normal assumptions. I also hope they have $5 million or more. 2.5% SWR on say $2 million is $50K a year household...
by MnD
Tue Jun 05, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50224

Re: How much money do you want to retire?

Enough to have a somewhat higher financial standard of living versus working since we will have more time to enjoy it. We've reached that and will be taking down the "brains and bodies for rent" signs in less than 3-6 months for me and 6-9 months for her! We don't serially compound negative assumpti...
by MnD
Mon Jun 04, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 55
Views: 7329

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

^That's an excellent question to ask Schwab. Whenever I see such questions I have to wonder whether these brokerage firms are so bad that no one wants to call them up and get some service from customer service reps. So help us out here and let us know what Schwab tells you. Thanks! I already did th...
by MnD
Mon Jun 04, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 55
Views: 7329

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

When does the cash need to be in your brokerage account relative to these T-bill auction purchases? My cash is in a Schwab Prime (purchased) Money Market fund in the same account where I'll be buying the T-bills. This MM fund is not the sweep account. In other words for a given auction date, when sh...
by MnD
Mon Jun 04, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Just realized that our MFs have high expense ratios
Replies: 28
Views: 2823

Re: Just realized that our MFs have high expense ratios

Working directly with Schwab, Fidelity or Vanguard or another reputable low-cost broker, your wife can move all these accounts with securities intact away from where they are now to appropriately titled brokerage accounts. She should not first contact her current adviser to give him/her a "heads up"...
by MnD
Mon Jun 04, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: TSP Advice - Retiring Soon
Replies: 18
Views: 1538

Re: TSP Advice - Retiring Soon

Rollover a portion of the TSP to a Traditional IRA and do Roth conversions to the top of the 12% or 24% bracket, depending on what you expect your marginal rate will be after age 70. This advice should be taken with a grain of salt. It could result in paying far more in taxes than is necessary or a...
by MnD
Mon Jun 04, 2018 8:53 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 71
Views: 6875

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

Did you find that the SIP offers you something you want that the Target Date Index fund does not offer? If not, I'd just go with the target fund. If it ever migrates to a position that is too conservative for you, just exchange it (or part of it) to the next less aggressive date. Nothing stood out ...
by MnD
Sun Jun 03, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10367

Re: Why have a savings account at all?

You’re comparing a 30 year investment that isn’t being touched to a 30 year investment where a significant portion of funds may be used. How many 30 year investment horizons have survived or made a positive return a when a large percentage of the money has been taken out at random multiple times? O...
by MnD
Sun Jun 03, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 71
Views: 6875

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

Did you find that the SIP offers you something you want that the Target Date Index fund does not offer? If not, I'd just go with the target fund. If it ever migrates to a position that is too conservative for you, just exchange it (or part of it) to the next less aggressive date. Nothing stood out ...
by MnD
Sat Jun 02, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Using PersonalCapital, Mint, etc.... - and fraud concerns
Replies: 36
Views: 5509

Re: Using PersonalCapital, Mint, etc.... - and fraud concerns

This is like item 5001 on my ranked list of 5000 things to worry about about.
by MnD
Sat Jun 02, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: Investment money is "Fungible"
Replies: 82
Views: 5489

Re: Investment money is "Fungible"

Isn't that (car account/ vacation account/etc) just called a budget? Which is planning one's paycheck and setting aside (saving) money for various wants/needs you have in the near future? For example you may "earmark" a dollar amount you need to save each week to have money ready in 6-months for yo...
by MnD
Sat Jun 02, 2018 4:26 pm
Forum: Investing - Theory, News & General
Topic: Investment money is "Fungible"
Replies: 82
Views: 5489

Re: Investment money is "Fungible"

Generally, it suggests avoiding "mental accounting". Mental accounting can take many forms leading to various inefficiencies. Some examples are separate accounts for different budget items (car account, vacation account etc), "spending dividends", etc. Those are mental constructs that could lead yo...
by MnD
Sat Jun 02, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage - order placed without enough funds
Replies: 14
Views: 985

Re: Vanguard Brokerage - order placed without enough funds

Like others have said, once you have clicked the ACH transfer button, the money is available to trade. So there is no problem unless the ACH transfer does not go through. I don't see anyone saying that, nor has that been my experience at other brokers. The OP has also not specified if he "pushed" t...
by MnD
Sat Jun 02, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage - order placed without enough funds
Replies: 14
Views: 985

Re: Vanguard Brokerage - order placed without enough funds

Is margin set up on the account?
What does is say for "cash and borrowing available to trade" or something like that?
If it says a number equal to or bigger than $20,000, you should be fine on the trade. Your ACH will pay off the margin loan.
by MnD
Sat Jun 02, 2018 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10367

Re: Why have a savings account at all?

A typical family’s emergency fund is anywhere from $10,000-$60,000. Most people are broke so that's not typical but its probably common if you are talking about the minority of families with some financial sense. But often it's sitting in the local work-affiliated credit union or the local XYZ bran...
by MnD
Sat Jun 02, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10367

Re: Why have a savings account at all?

The logic here is faulty. You are asking a meaningless question. The point of an emergency fund is to use in emergencies. Stating you would make 100k or even 50k off of your email fund shows that you don't really understand it's point. Throwing average typical yields as a reason is like saying why ...
by MnD
Fri Jun 01, 2018 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10367

Re: Why have a savings account at all?

We built a $70K 100% stock emergency fund in taxable brokerage from 1987 through 1990 and never added to it again. It has earned several hundred thousand dollars - a fair amount we have spent on new cars, nice vacations and a portion of college costs and in real terms it's still significantly larger...
by MnD
Fri Jun 01, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10367

Re: Why have a savings account at all?

I recently concluded that I did not need a bank savings account and closed both our brick and mortar and "high yield" online ones along with closing brick and mortar checking. My brokerage has a very nice checking account linked to brokerage account. Given that the brokerage account supports check-w...
by MnD
Fri Jun 01, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1857
Views: 339614

Re: What are you up YTD? [Year To Date]

+1.09%
37% US stock, 33% ex-US stock, 20% stable value, 10% active global bond
by MnD
Thu May 31, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard from a consumer standpoint. Question [as a personal investor]
Replies: 16
Views: 1474

Re: Vanguard from a consumer standpoint. Question

So, my original point was funds transferred IN TO Vanguard ie: from my bank to prime for example. Now takes over a week for those funds to be available. Used to take a day or two. Why the change? You need to be specific on two items. When you refer to transferring funds IN TO (your emphasis) Vangua...
by MnD
Thu May 31, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Should I shift bond allocation from F Fund to G Fund?
Replies: 15
Views: 1041

Re: Should I shift bond allocation from F Fund to G Fund?

My bond ratio is 50% G and 50% F, Yes there are higher risks with F Fund but overall the LT returns have been better. Do you know _why_ the LT past performance of the F fund has been better than the G fund? Hint - the F fund was initiated on January 29, 1988 when the 10-year Treasury yield was arou...
by MnD
Thu May 31, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 55
Views: 7329

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

Some people mentioned and liked the ability of Fidelity to automatically roll the treasuries over to the next issue when they mature. I'm still trying to find out if Vanguard or Schwab supports this as well (I currently don't have an active account at Fidelity). Schwab does not offer auto-roll on-l...
by MnD
Thu May 31, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Issues redeeming Vanguard Prime Money Market Fund
Replies: 35
Views: 2042

Re: Issues redeeming Vanguard Prime Money Market Fund

With Schwab it took one day to get external funds into both Schwab bank checking and the paired Schwab brokerage account where SWVXX is an option for savings along with other money funds, t-bills and CD's. Both transfers indicated funds transferred in from an external financial institution could be...
by MnD
Thu May 31, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Purepoint Financial offers 1.9%
Replies: 8
Views: 715

Re: Purepoint Financial offers 1.9%

I am happy with this FDIC insured online bank. No fees as yet and quick service Yeah and you have to meet the minimum. And it's yet another separate financial account you have to set up, link and mess with. I've decided I'm done with stand-alone on-line and physical banks for chasing yields that wi...
by MnD
Thu May 31, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Updated (May 2018) TSP Withdrawal Options from FRTIB
Replies: 9
Views: 708

Re: Updated (May 2018) TSP Withdrawal Options from FRTIB

I just started the process of withdrawing everything from my TSP and rolling it into my 401k. Just too many rules to get the money out and I am trying to simplify things for my wife if I were to die. Just doing the full withdrawal and rollover is a complex and aggravating process. At least compared...
by MnD
Thu May 31, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Should I shift bond allocation from F Fund to G Fund?
Replies: 15
Views: 1041

Re: Should I shift bond allocation from F Fund to G Fund?

The conceptual return advantage for the F fund is not nearly enough to compensate for the duration risk versus the 0 duration G fund that yields something akin to intermediate term Treasuries. The F fund looks good in the way-back rear view mirror not due to a higher risk-return profile, but rather ...