Search found 3249 matches

by MnD
Sat Apr 21, 2018 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 83
Views: 19215

Re: Charles Schwab Checking + Brokerage Account

It's been a while since I checked but Schwab checking did use to offer an overdraft protection credit line. It was not linked to your brokerage account, nor was it a margin loan. It had a seperate application and was only offered to "qualified" customers and only on request (was not advertised). It ...
by MnD
Fri Apr 20, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 83
Views: 6251

Re: Help me explain why pre-tax investing can help when retiring in same bracket

Starting from the bottom and filling the buckets means you pay 0%, 10%, 15%, 22% on the dollars as you fill them up. If you have a pension to fill up those first 3-4 buckets, then choosing Roth makes sense. Personally, I think this forum should be helping most (90-95%) choose pre-tax 401k. If they ...
by MnD
Fri Apr 20, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: How good are Vanguard bond funds?
Replies: 51
Views: 4274

Re: How good are Vanguard bond funds?

Bond index funds are typically mid-packers at best because indexing puts your biggest positions in "biggest debtor" issuers like negative interest rate Japan bonds for int bond, longer term US Treasuries as the US goes big on more debt for total bond, and debt issued by financial basket cases like G...
by MnD
Thu Apr 19, 2018 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 83
Views: 19215

Re: Charles Schwab Checking + Brokerage Account

Use the paired brokerage account as a substitute for a high yield savings account. Schwab Prime Money Market SWVXX is 1.64% A rolling 90-day Treasury ladder (one maturing every month) is currently 1.82% according to the treasury yield curve. Brokered 3-month CD's on Schwab are slightly over 2% Maybe...
by MnD
Thu Apr 19, 2018 7:29 am
Forum: Investing - Theory, News & General
Topic: Goof? Prime MM, "retail," "Admiral," $5 million minimum?
Replies: 20
Views: 2570

Re: Goof? Prime MM, "retail," "Admiral," $5 million minimum?

Under SEC money market reform "prime" type money funds that transact at $1 even though the underlying NAV varies ever so slightly (we hope) are only available to retail investors (natural persons). Hence the name change.

https://investor.vanguard.com/mutual-fu ... et-reform/
by MnD
Mon Apr 16, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: How many of you have some developed international and EM indexed bond funds in your portfolio?
Replies: 22
Views: 1475

Re: How many of you have some developed international and EM indexed bond funds in your portfolio?

Yes (except for the indexed part), through Dodge and Cox Global Bond. It's an active "go anywhere" bond fund with any selective hedging being up to the management committee. It seems to take a barbell approach with a mix of high and lower credit rated bonds (including EM bonds), less government bond...
by MnD
Mon Apr 16, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 52
Views: 3754

Re: The World in 2050 — GDP & Stock Market Capitalization

As a global market cap investor on the equity side, the current US share of 52% makes me uncomfortable. Just curious. What percentage does the U.S. hold if you only count countries with low corruption, no dictatorship, and strong rule of law? Because those are the countries I want to invest in, not...
by MnD
Mon Apr 16, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 52
Views: 3754

Re: The World in 2050 — GDP & Stock Market Capitalization

Looking forward to something like this. As a global market cap investor on the equity side, the current US share of 52% makes me uncomfortable. No the current US isn't a present-day copy of 1988 Japan, but I doubt the US global market cap more than double the GDP share is going to persist. I'd be su...
by MnD
Sat Apr 14, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: Why are expected returns so much lower than historical returns?
Replies: 153
Views: 8285

Re: Why are expected returns so much lower than historical returns?

"Expected lower returns" are popular here because they can justify higher saving rates while working, lower spending rates in retirement along with working and saving longer till retirement than otherwise would be needed. Bottom line for some at least, the scariest thought of all is consuming any of...
by MnD
Sun Apr 08, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: How would you rotate these tires?
Replies: 20
Views: 1615

How would you rotate these tires?

2010 Nissan Altima Hybrid - daily mostly highway commuter - Denver Michelin Defenders with 50K miles on them except for front left with 20K miles. Rotation and balancing is "free" at Costco. Rears 5/32nd's tread depth on both. Front 4/32nd's front right, 8/32nd's front left. Difference on front is d...
by MnD
Sun Apr 08, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: If you want an actively managed fund, which one would you use?
Replies: 68
Views: 4016

Re: If you want an actively managed fund, which one would you use?

Anything by Dodge and Cox. I hold 4 (Stock, International Stock, Income and Global Bond).
Not closet indexers and Jack Bogle approved even! :beer
by MnD
Sun Apr 08, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Is refinancing to 30 year worth it?
Replies: 20
Views: 1981

Re: Is refinancing to 30 year worth it?

Keep the 15-year loan, cut back your 401K to 10% to take the stress off temporarily. When you have a paid off house 3-4 years before college bills hit your older self will thank you. Your biggest assets at this point is your human capital. Did your wife work before having a kid and can she do any pa...
by MnD
Sat Apr 07, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11321

Re: What is your AA, given your age? and, Why?

1) 70/30, age 55, retirement in 5-8 months, global market cap on equity, mostly stable value and some active global bond fund on fixed income. 2) Will maintain 70/30 for life. 3) Haven't followed any age-based glidepath and don't plan on it. Bounced around between 65/35 to 80/20 over the last 3 deca...
by MnD
Sat Apr 07, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: WSJ article on Vanguard snafoos - Should Bogleheads.org get involved?
Replies: 23
Views: 3076

Re: WSJ article on Vanguard snafoos - Should Boglehead.org get involved?

There have been gobs of threads criticizing Vanguard customer service along with compelling examples of far better customer experiences at their competitors. That is quite telling in a forum with deep roots as basically a pro-Vanguard club. With the advent of ETF's it's very easy to hold low-cost Va...
by MnD
Sat Apr 07, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital's "Complimentary Portfolio Review" - Thoughts?
Replies: 17
Views: 688

Re: Personal Capital's "Complimentary Portfolio Review" - Thoughts?

You will be "losing" 0.89% of your portfolio annually forever in PC fees and it is very difficult to unwind a position of 90-120 individual stocks. To put that in context, that fee is over 50% of the dividend yield of the US stock market. You are already paying Vanguard .30% for hand-holding. The "i...
by MnD
Thu Apr 05, 2018 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Who uses Schwab and what are the up and downsides?
Replies: 41
Views: 2706

Re: Who uses Schwab and what are the up and downsides?

I think Schwab's website and customer service are second to none. I have/had accounts at Vanguard, Morgan Stanley, Merrill Lynch, and UBS over the years. I also like having a local office and account officer. No one has ever tried to sell me anything. I can't think of any downsides. In fact, I will...
by MnD
Tue Apr 03, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 10357

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

They used to go to concerts, but now they simply dance around the living room.

So do they get to go to concerts starting in 2029, or is their FIRE budget premised on their existing financial lifestyle?
Rice, potatoes, cabbage and dancing around the living room "forever" could get old.
by MnD
Tue Apr 03, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: Bonds in TSP - but what if it’s split 50% Roth TSP?!
Replies: 20
Views: 1521

Re: Bonds in TSP - but what if it’s split 50% Roth TSP?!

The advantage of the G fund for intermediate term bond income without credit or duration risk outweighs any partial Roth TSP issues. I would not hesitate to hold fixed income in the TSP as long as we are talking about the G fund. Substituting the F fund or total bond market outside the TSP for G fun...
by MnD
Tue Apr 03, 2018 1:05 pm
Forum: Personal Consumer Issues
Topic: Toyota truck frame replacement program
Replies: 23
Views: 3109

Re: Toyota truck frame replacement program

The vehicle performance is identical for the most part, with a few things better and two items that need checking. Pluses: The vehicle feels tighter than before the service with less slop and noise on bumps and cornering. I swear the truck is slightly higher than it was before the service. All cab a...
by MnD
Tue Apr 03, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 90
Views: 9969

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

I'll break with the "race to the bottom" and go with 20X desired additional non-frugal spending on top of non portfolio sources of income (that cover basic expenses). 5% of annual portfolio balance with a 3% inflation-adjusted floor will fund a very nice age 56 financial standard of living in retire...
by MnD
Mon Apr 02, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: Is Lockheed Martin about to become the biggest company in history?
Replies: 66
Views: 6393

Re: Is Lockheed Martin about to become the biggest company in history?

Pajamas wrote:
Mon Apr 02, 2018 1:07 pm
That company that cloned a sheep, do you remember its name?
The Dolly Lambaaa
by MnD
Mon Apr 02, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Tires: Where to Get? Warranty? And Questions?
Replies: 42
Views: 3202

Re: Tires: Where to Get? Warranty? And Questions?

I've owned a set of Michelin Defenders and they were garbage. I rotate my tires every 7,500 miles like clockwork, and the tread depth was at 4/32 at 58,000 miles. The warranty was 90,000 (now reduced to 80,000). 58K with 4/32nd still left is excellent. Defenders start with 10/32nd tread so you are ...
by MnD
Sun Apr 01, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 90
Views: 9969

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

What are expenses?
Rice and beans and keeping the heat at 62 degrees?
Or full non-frugal pre-retirement expenses plus 6 domestic trips and two international per year.
"Multiple of expenses" is meaningless unless you define expenses.
by MnD
Sun Apr 01, 2018 6:10 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 50
Views: 6197

Re: What’s the magic savings rate???

It varies. Now with the kids out of the house , 2 incomes and no debt we are at 27% of gross not counting employer match. When we were new house and mortgage and/or 1 income with little kids and/or paying for 2 kids college bills it was lower. 10% was the bottom we tried to hold with maybe one or tw...
by MnD
Sat Mar 31, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1821
Views: 325175

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

-0.19% IRR
70/30, global market cap on equities, stable value and active global bond on fixed income.
Pleased again this year to not be over-weighted US equity and not "biggest debtors indexed" on fixed income.
Weighted portfolio ER .11%
by MnD
Thu Mar 29, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: Not going to be buying chicken for a while...
Replies: 65
Views: 8921

Re: Not going to be buying chicken for a while...

I doubt that a poultry industry trade magazine has an anti-meat or anti-big agriculture agenda and this article seems to summarize (is less dramatic terms) much of what the OP posed. Nothing tastes as yummy as woody/stringy/gummy chicken with inadequate blood supply, decline in metabolic waste produ...
by MnD
Wed Mar 28, 2018 11:05 am
Forum: Personal Consumer Issues
Topic: Toyota truck frame replacement program
Replies: 23
Views: 3109

Re: Toyota truck frame replacement program

It's frame replacement take it or leave it if it fails inspection. No buyout or trade-in offer. The frame replacement campaign has been been going on for 3 years in various forms and it's a big percentage of dealer service business now. They'll get about $13K from Toyota for mine. When my frame fail...
by MnD
Tue Mar 27, 2018 7:52 pm
Forum: Personal Consumer Issues
Topic: Toyota truck frame replacement program
Replies: 23
Views: 3109

Re: Toyota truck frame replacement program

Dealer called with numerous "suggested" additional items and the pricing was just awful. Way above costs by good independent Toyota specialist mechanics - who don't have the truck already in pieces. So agreed to pay for new motor mounts and that's it. Morning of Day 2: In first pic, old frame with e...
by MnD
Tue Mar 27, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Not going to be buying chicken for a while...
Replies: 65
Views: 8921

Re: Not going to be buying chicken for a while...

We bought a bag of frozen boneless skinless breasts from Kroger recently and it had severe "woody breast" issues. We cut it up small for a stir-fry and it was still basically inedible, and we ended up returning it. Cutting it up raw was like cutting a tough cheap steak versus chicken and the cooked ...
by MnD
Tue Mar 27, 2018 3:54 pm
Forum: Investing - Theory, News & General
Topic: VWO ex-Russia?
Replies: 19
Views: 1371

Re: VWO ex-Russia?

The downside is that Russia's market has a 35% annual standard deviation, which means the short could kill you if it booms and the costs of which will kill you as a drag on your returns l. A net neutral position of Russia by shorting a Russia ETF by $4 for every $100 held in a broad emerging market...
by MnD
Tue Mar 27, 2018 7:57 am
Forum: Investing - Theory, News & General
Topic: VWO ex-Russia?
Replies: 19
Views: 1371

Re: VWO ex-Russia?

A developed international fund plus an emerging asia and latin America ETF's (ishares offers both of these) will get you a lot of VWO exposure without Russia. You would still be missing India and South Africa as far as notable EM countries.
by MnD
Tue Mar 27, 2018 7:41 am
Forum: Investing - Theory, News & General
Topic: VWO ex-Russia?
Replies: 19
Views: 1371

Re: VWO ex-Russia?

For every $10,000 of Vanguard Emerging Markets VWO you own, sell short $400 worth of a Russia ETF like RSX or ERUS.
Russia is ~4% of VWO.
by MnD
Mon Mar 26, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: China and International Index
Replies: 7
Views: 731

Re: China and International Index

Vanguard Total World Stock is 3% China. VG Total International is (unsurprisingly) 6.3% China given that international is 47% of global market cap. One of the easiest simplifications I did many years ago was to go global market cap for equities. The mental machinations that many people go through ab...
by MnD
Mon Mar 26, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 11859

Re: Seasoned bogleheads repressing the thought of lower expected returns

For a global market cap equity investor such as myself, the market returns (CAGR) for the past 10 and 20 years have been so-so and certainly nothing like some strings of strong returns we experienced in the 1980's and 90's. CAGR for the Morningstar world stock category is 5.43% and 5.38% for 20 year...
by MnD
Sun Mar 25, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: Toyota truck frame replacement program
Replies: 23
Views: 3109

Re: Toyota truck frame replacement program

You may want to Google "Tacoma Frame Replacement" for more info. sorry, but you are the one who started the thread and assumed (?) that everyone here knows what you are talking about? then when someone (me) asks about it you tell "me" to go and research information to make an informed response to "...
by MnD
Sun Mar 25, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: Toyota truck frame replacement program
Replies: 23
Views: 3109

Re: Toyota truck frame replacement program

was this form form of recall? can you clarify why you are having this done? It's not a recall. I got a "customer support program" letter from Toyota offering a frame inspection with a deadline that for me was soon approaching since the truck was so old. I think a class-action lawsuit is what forced...
by MnD
Sun Mar 25, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: Toyota truck frame replacement program
Replies: 23
Views: 3109

Re: Toyota truck frame replacement program

was this form form of recall? can you clarify why you are having this done? It's not a recall. I got a "customer support program" letter from Toyota offering a frame inspection with a deadline that for me was soon approaching since the truck was so old. I think a class-action lawsuit is what forced...
by MnD
Sat Mar 24, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: Toyota truck frame replacement program
Replies: 23
Views: 3109

Re: Toyota truck frame replacement program

They did not seize my truck - they did the inspection 3 months ago and called me to set an appointment about a week ago. I do not know what sort of loaner car I'll get for 4 days. I am going to ask for a late model Tacoma or RAV4 as those are something we might actually be in the market for. If not,...
by MnD
Sat Mar 24, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Buying large heavy items from places like Amazon
Replies: 22
Views: 1869

Re: Buying large heavy items from places like Amazon

One comment, though. Amazon uses “follow the sun” support, so if you call during business hours, your CS rep will be based in the US. If you think you’re having problems with customer support, call during the daytime. That's good to know. The India-based support to their credit got it done and I li...
by MnD
Sat Mar 24, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Toyota truck frame replacement program
Replies: 23
Views: 3109

Toyota truck frame replacement program

Taking my 2005 Tacoma with 115K miles in for this "free" work tomorrow. Time lapse less than 2 minute video below. https://www.youtube.com/watch?v=ibfjzXwY8GE It has a pretty extensive "free" parts list that are also replaced - basically lots of small things that will probably disintegrate or be com...
by MnD
Sat Mar 24, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Low cost repair of CD players in older Camrys?
Replies: 27
Views: 1556

Re: Low cost repair of CD players in older Camrys?

Buy the exact replacement off Ebay. These are very widely available and usually cheap as supply is from both parting out old cars and from people that upgraded the factory sound systems. There should be a video (or several) on Youtube showing how to remove and replace the unit with a little searchin...
by MnD
Sat Mar 24, 2018 9:09 am
Forum: Personal Consumer Issues
Topic: Buying large heavy items from places like Amazon
Replies: 22
Views: 1869

Buying large heavy items from places like Amazon

Last 3 "too big for UPS" items that were delivered by "brand X" trucking companies........ Am I just unlucky or do the big e-tailers not have big item delivery figured out yet? Large outdoor patio table from Amazon.com: Took time off from work - Delivery came at the very end of the delivery window -...
by MnD
Fri Mar 23, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: What Budget? Do you keep one?
Replies: 116
Views: 7078

Re: What Budget? Do you keep one?

We budget our savings and spend the rest like drunken sailors on shore leave. About 3 years ago I started documenting total monthly spending which is easy since we charge everything possible on rewards credit cards and have their statement date set to the same day so we have a monthly "closing". Sin...
by MnD
Thu Mar 22, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 106
Views: 14779

Re: Is it time to dump high yield savings for prime money market?

Not as convenient, but I'm thinking of rolling my Ally No-Penalty CDs into 3mo. T-bills. Auction is next week, I think. I did this (T-bills) for 15 years (also 6-mos bills) with 100% of my spare cash: $10k and $20k. I recently looked at the cash heat map on PortfolioCharts website. Shows that it at...
by MnD
Wed Mar 21, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Bill Rates
Replies: 32
Views: 2676

Re: Treasury Bill Rates

If you have a Fidelity or Schwab account, the T-bill thing is a no-brainer. Sign-up for the weekly 1, 3 and 6-month commission free auctions. A one year bill is auctioned monthly and occasionally there’s the odd cash management issue. Here’s the auction schedule, https://www.treasury.gov/resource-c...
by MnD
Mon Mar 19, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: TSP bonds?
Replies: 92
Views: 6674

Re: TSP bonds?

Maybe I should roll my money to a different place for more oppurtunity? Not sure. Any thoughts are appreciated. Just FYI, Just in case you didn't know the TSP has different, and worse, inheritance rules than an IRA so you might want to consider if it would make sense to role the money out to an IRA...
by MnD
Mon Mar 19, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: TSP bonds?
Replies: 92
Views: 6674

Re: TSP bonds?

Pairing the G fund with Vanguard Intermediate Term Corporate (investment grade) gives us a "fund" with the same split between US government and corporate debt as the F fund or total bond market (64/36) but with markedly better metrics for both blended duration and yield. 100% F Fund or Total Bond M...
by MnD
Mon Mar 19, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Ever received a legitimate unsolicited call from the I.R.S.?
Replies: 24
Views: 2171

Re: Ever received a legitimate unsolicited call from the I.R.S.?

At first blush it is hard to believe that anyone falls for these scams but it is clearly a big problem. I had a very professional sounding person call me from "pay-pal" who had my cell phone number and full name. We do a lot with Pay-pal and it was concerning resolving a negative account balance. T...
by MnD
Mon Mar 19, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: TSP bonds?
Replies: 92
Views: 6674

Re: TSP bonds?

Pairing the G fund with Vanguard Intermediate Term Corporate (investment grade) gives us a "fund" with the same split between US government and corporate debt as the F fund or total bond market (64/36) but with markedly better metrics for both blended duration and yield. 100% F Fund or Total Bond Ma...
by MnD
Sun Mar 18, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: TSP bonds?
Replies: 92
Views: 6674

Re: TSP bonds?

The current yield advantage of the F fund over the G fund is less than 10 basis points, 2.97% versus 2.875%. For that <10 basis point premium, one has to take on credit risk in 35% of your portfolio (GE and Toys R Us bonds anyone?), and 6+ years duration risk on the entire portfolio for F versus 0 G...