Search found 620 matches

by Jerry55
Mon Aug 12, 2019 5:56 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 14149

Re: Wellesley 56.05% drop today

I also was flummoxed / befuddled when I looked at my Wellesley dropping 56.05%. and Wellington by 31.93% As one poster noted above, I initially saw it on my Yahoo Finance...checking Vanguard, I know it HAD to be a malfunction as the stock market was only down 1.5% or so today... Then I thought, "Wha...
by Jerry55
Sat Jun 22, 2019 11:12 pm
Forum: Personal Investments
Topic: Advantage of T-bills?
Replies: 20
Views: 2315

Re: Advantage of T-bills?

All good advice above, and whatever you do, I'm sure it'll be in your best interest. Indeed, I invest in 26 week T Bills, which I did every month for 6 months and set them to auto-roll over. For instance, on Thursday 6/20, it was rolled over by the treasury and they automatically deposit the interes...
by Jerry55
Thu Jun 20, 2019 11:46 pm
Forum: Personal Investments
Topic: TSP Allocation for Retirement
Replies: 12
Views: 1295

Re: TSP Allocation for Retirement

....but want to follow a 4% per year withdrawal rate hoping to make my balance last for 30 years. Here's where I Begin. WHY are you picking 4% to begin with ? Do you NEED it, or are you following some rule that may or may not apply ? I think That's the real question... If you need it, great. If you...
by Jerry55
Tue Jun 18, 2019 11:38 pm
Forum: Personal Investments
Topic: Vanguard?
Replies: 48
Views: 4598

Re: Vanguard?

Rebus wrote:
Tue Jun 18, 2019 7:37 pm
Washington mutual ira which has 1500$ a month fees,

$1,500 per MONTH ? I hope that's a mistake in typing.
by Jerry55
Wed Jun 05, 2019 10:59 pm
Forum: Personal Investments
Topic: Individual treasuries vs treasury funds
Replies: 41
Views: 3719

Re: Individual treasuries vs treasury funds

If you purchase through Fidelity you could select "auto-roll" on purchase and your funds would never sit awaiting reinvestment. As I understand it (and have witnessed it), this is not true. Only the principal -- not the interest -- get auto-rolled. Yes Indeed. The interest is paid back to you. As a...
by Jerry55
Wed Jun 05, 2019 12:24 am
Forum: Personal Investments
Topic: TSP vs mutual fund vs ETF
Replies: 11
Views: 929

Re: TSP vs mutual fund vs ETF

You don't say if you're retired, about to retire or still working. TSP is quite similar to a 401(K) so I'll start there. I agree with the poster above about having access to the G Fund. So don't ever lose that option ! The C fund is the S & P 500. End of Story. I'm retired CSRS in 2012, and still ha...
by Jerry55
Tue May 21, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Question
Replies: 17
Views: 2402

Re: Retirement Question

retiredjg wrote:
Tue May 21, 2019 5:58 pm
If your expenses are less than your pension, why to you need to tap the TSP at all?

100% in agreement.

WHY ?

Let it Ride !

Mine is, and will be, for another 6-7 years.
by Jerry55
Sun May 19, 2019 11:25 pm
Forum: Personal Investments
Topic: Individual treasuries vs treasury funds
Replies: 41
Views: 3719

Re: Individual treasuries vs treasury funds

2. Interests reinvestment . When using a fund, all my dividends get reinvested immediately, so my money never sleeps. With an individual treasury, I often wait for it to mature to reinvest the whole thing, or I wait to get some funds from somewhere else that can also be invested alongside the inter...
by Jerry55
Sat May 18, 2019 10:19 pm
Forum: Personal Investments
Topic: Help with estimating expenses in retirement
Replies: 16
Views: 1610

Re: Help with estimating expenses in retirement

I just turned 64 (retired @ 57) and I just added up my monthly (annual) bills. That's where I am, and nothing has changed since 2013. I'm comfortable, live within my means and have more than enough. I haven't even touched my TSP. I suspect that, within limits, your expenses may be pretty close to wh...
by Jerry55
Fri May 17, 2019 9:37 pm
Forum: Personal Investments
Topic: keep the TSP or transfer to Schwab?
Replies: 11
Views: 1753

Re: keep the TSP or transfer to Schwab?

2018 TSP G Fund Rate was 2.91%

Now ? I imagine it's fairly close. I'd be happy with it.

https://www.tsp.gov/InvestmentFunds/Fun ... turns.html
by Jerry55
Sun May 12, 2019 12:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard Wellington and Wellsley over the last 20 years
Replies: 60
Views: 7248

Have held both of these funds for the last 10 years....no regrets. Same here. I also have had these two for almost 9 years and I love them for what they are, not what they COULD be. They are an integral part of my investment strategy as such.... Wellesley (ROTH IRA) at 20% Wellington (Taxable) at 1...
by Jerry55
Tue May 07, 2019 12:09 am
Forum: Personal Investments
Topic: Short Term Treasury Fund for Cash Savings?
Replies: 28
Views: 2828

Re: Short Term Treasury Fund for Cash Savings?

I'd also agree with Treasury Bills, however, I do have a Capitol ONE 360 MM account for quick cash. Prior to the 2008/2009 crash, I used T-Bills extensively, as the 13 & 26 week T-Bills were paying 5%+, but I stopped when the rates went kaput. 18 months ago, I opened an account and was informed that...
by Jerry55
Tue Apr 02, 2019 11:21 pm
Forum: Personal Investments
Topic: A CD matured. Now what?
Replies: 13
Views: 2318

Re: A CD matured. Now what?

I am buying T-bills. Rates dropped a little bit: 2.443% for 1-year T-bills at the last auction on 3/26/2019. No state tax and I defer the interest income to 2020. +1 I started buying T-Bills last year because of State Tax issues (forced me to pay this year....IL has 5% tax), however, I'm strictly b...
by Jerry55
Fri Mar 29, 2019 11:02 pm
Forum: Personal Investments
Topic: How often do you check your accounts?
Replies: 53
Views: 3158

Re: How often do you check your accounts?

A few times a day. :( Same Here. Daily after the bell. Vanguard, Dodge & Cox, GE after 5:30 pm CST, and my TSP after 7 pm CST...or ALL after 7:30 pm if I'm lazy. I'm retired and making no further investments, so I try to stay ahead of any curve balls (as if I've been successful in the past...LOL ! )
by Jerry55
Mon Mar 11, 2019 10:36 pm
Forum: Personal Investments
Topic: TSP in Retirement
Replies: 41
Views: 4082

Re: TSP in Retirement

I won't get into beneficiaries, IRA's or others, but I certainly will NEVER leave the TSP. I retired in 2012, and besides some outside accounts, 100% of my TSP assets are in the C, S and I funds where they will stay for at least another 2-4 years. I will turn 64 in a few months and I understand the ...
by Jerry55
Wed Feb 27, 2019 11:10 pm
Forum: Personal Investments
Topic: Recommendation for High yield cash-equivalents ?
Replies: 19
Views: 3012

Re: Recommendation for High yield cash-equivalents ?

Good yields on MM funds are a good choice, and very liquid indeed ! I'm with Capitol ONE 360 MM and they're about 2%, but the interest is taxable (for me) by the state @ 5%. I normally get a state credit for Real Estate tax paid for any tax due (IL does not tax retirees, but they do tax interest, et...
by Jerry55
Thu Feb 14, 2019 9:28 pm
Forum: Personal Investments
Topic: Rolling to Vanguard - Advice on Funds
Replies: 10
Views: 954

Re: Rolling to Vanguard - Advice on Funds

I'm more into funds that deliver income (dividends), but I'm not taking any now. I personally like Vanguards Wellesley Fund (Admiral) https://investor.vanguard.com/mutual-funds/profile/vwiax(my ROTH IRA) but I also like that which is suggested above, Vanguard Life Strategy Conservative Growth. Take ...
by Jerry55
Mon Jan 28, 2019 1:48 pm
Forum: Personal Investments
Topic: Close Match to Wellesley or Wellington w/Fidelity
Replies: 26
Views: 2873

Re: Close Match to Wellesley or Wellington w/Fidelity

Thanks for the replies everyone. I told her to come and look at some of the comments here.
by Jerry55
Sat Jan 26, 2019 7:48 pm
Forum: Personal Investments
Topic: Close Match to Wellesley or Wellington w/Fidelity
Replies: 26
Views: 2873

Re: Close Match to Wellesley or Wellington w/Fidelity

Thanks for the feedback everyone. Maybe we'll have to look into a Vanguard transfer.
by Jerry55
Fri Jan 25, 2019 6:13 pm
Forum: Personal Investments
Topic: Close Match to Wellesley or Wellington w/Fidelity
Replies: 26
Views: 2873

Close Match to Wellesley or Wellington w/Fidelity

My girlfriend is retiring soon and her company (College) uses Fidelity as their investment holder, via their 403B. She always wants to be "Conservative" in her investments, and her advisor put her into about 7 funds held by Fidelity. I told her that if she keeps those funds with her college, those 1...
by Jerry55
Sat Dec 22, 2018 1:04 am
Forum: Personal Finance (Not Investing)
Topic: Stop extra mortgage payment and put into taxable account?
Replies: 29
Views: 2543

Re: Stop extra mortgage payment and put into taxable account?

One Last Comment...

On My Birthday, I had a "Mortgage Burning Parrr-Taayyy"

Of course, it was a copy of the mortgage, but it went well with the BBQ Ribs and such.

Just Think about it....your very own Par-Tay ! :sharebeer
by Jerry55
Thu Dec 20, 2018 11:35 pm
Forum: Investing - Theory, News & General
Topic: Bear Market - Mindset Expectations
Replies: 61
Views: 6405

Re: Bear Market - Mindset Expectations

It's all in your mind, or is it ??? Here's MY mindset tho...beginning in 2008. I had been investing since the DOW was around 3,200 and went thru the ups and downs knowing that I'm there for the long haul. 2008 ? Seeing the impending downfall, I was basically 50/50, but in Aug08-Mar 2009, I began mov...
by Jerry55
Thu Dec 20, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Stop extra mortgage payment and put into taxable account?
Replies: 29
Views: 2543

Re: Stop extra mortgage payment and put into taxable account?

In 1992, I had a 15 yr mortgage, but continued to invest in my Thrift Savings Plan (TSP) but wanted to accelerate the end of payments as much as possible. At that time, I was 37 yrs old, and could retire @ age 55 (in 2010). So I added an additional payment per year, breaking it up into 12 monthly in...
by Jerry55
Mon Dec 17, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: So...do I keep buying more equities?
Replies: 49
Views: 5922

Re: So...do I keep buying more equities?

Not certain if you're buying any particular equity, or a mutual fund, but here goes... My children are saving for retirement, and they freak out like you may be, but I tell them this...It's dollar cost averaging. Simply put, they're looking to retire in 25-35 years and let's keep it simple. If you l...
by Jerry55
Sat Dec 15, 2018 1:27 pm
Forum: Personal Investments
Topic: Windows 10 update and Vanguard [account shows unauthorized transaction]
Replies: 13
Views: 1110

Re: Windows 10 update and Vanguard

I've seen issues with Windows Exploder, however, I mainly use FireFox or Chrome.
Have you downloaded , installed and/or used any of them to verify ?
by Jerry55
Thu Dec 13, 2018 3:31 pm
Forum: Personal Investments
Topic: Motley Fools is now for fools only?.....RIP
Replies: 30
Views: 7125

Re: Motley Fools is now for fools only?.....RIP

I watched Ford (F) and General Electric slide pretty far down in 2008 and noticed that Ford did not accept any cash or loans from the Gov't. (I've been a Ford Man since the late 60's, 1st car being a used 68 Torino) I noticed Ford slide from $8, down to $6 per share. Carl Icahn bought around 8 and s...
by Jerry55
Thu Dec 13, 2018 1:23 am
Forum: Personal Investments
Topic: Vanguard Wellesly Income
Replies: 45
Views: 6341

Re: Vanguard Wellesly Income

I have several funds, mainly the Federal Thrift Savings Plan (gov't 401K type) which is about 70% of my assets ALL in stocks. ( 80% C fund, 10% Small cap and 10% International.), then I also have my old Dodge & Cox International ~ 5% (NOT included, I have about 150K in emergency funds...but it's mai...
by Jerry55
Wed Nov 07, 2018 8:49 pm
Forum: Personal Investments
Topic: TSP(401k?) to IRA to ROTH - questions
Replies: 30
Views: 1321

Re: TSP(401k?) to IRA to ROTH - questions

May I also suggest another website for FEDs, which I frequent as much as this one. https://forum.federalsoup.com/ Lots of Federal employees and Agencies / Organizations with experts from Federal Times/ Federal News Radio like Ed Zurndorfer, CFP who's quite adept at Federal programs. Too many topics ...
by Jerry55
Wed Nov 07, 2018 5:37 pm
Forum: Personal Investments
Topic: TSP(401k?) to IRA to ROTH - questions
Replies: 30
Views: 1321

Re: TSP(401k?) to IRA to ROTH - questions

I'm going to suggest that you abandon this idea. :happy . . . . First off...do not do this rollover. It is a bad idea. . Next, after the dust settles, people here can help you figure out what to do - how much (if any) to convert, etc. However, it will take some work on your part to help us help you...
by Jerry55
Mon Oct 15, 2018 12:43 pm
Forum: Personal Investments
Topic: Start a Treasury Ladder... or not?
Replies: 17
Views: 2719

Re: Start a Treasury Ladder... or not?

When you used the term "Bond", I thought about time duration, but apparently you meant T-Bill. I'm 63, and have done something similar, altho I moved 1/4 of my cash in quarterly installments into 6 month T-Bills. I started in June, then Sept...so, I think you have a good option and thought it out wi...
by Jerry55
Fri Oct 12, 2018 7:11 pm
Forum: Personal Investments
Topic: [JP Morgan] Target Retirement 2025 - CRAZY ?!?!
Replies: 17
Views: 2458

Re: [JP Morgan] Target Retirement 2025 - CRAZY ?!?!

Thank you for the retitle LadyGeek. I was told it was Morgan Stanley JP Morgan fund, and I linked directly to the fund. Yes it is a 401K. I asked my friend what exactly it is, and they're confused as to what they themself own and won't / don't know or say how much is invested... They are cagey about...
by Jerry55
Thu Oct 11, 2018 10:52 pm
Forum: Personal Investments
Topic: [JP Morgan] Target Retirement 2025 - CRAZY ?!?!
Replies: 17
Views: 2458

[JP Morgan] Target Retirement 2025 - CRAZY ?!?!

I have a friend who I've been talking to about retirement for maybe 25 years, and my friend took advantage of the best their company offered. Recently, my friend retired, and somehow, told me today they have the Morgan Stanley Target Retirement 2025 fund as their main. Now, some of the funds we talk...
by Jerry55
Mon Oct 01, 2018 9:01 pm
Forum: Personal Investments
Topic: What to do with cash in the short term?
Replies: 36
Views: 3238

Re: What to do with cash in the short term?

Individual Treasuries bought at auction is another way to go, and even better if you pay state income tax. You can ladder them, or just buy one that has maturity no later than the earliest you might need the money. Kevin I'm with Kevin M here. I had an online savings/MM account with Capitol One 360...
by Jerry55
Fri Sep 28, 2018 8:36 pm
Forum: Personal Investments
Topic: 40/60 allocation returns ytd
Replies: 29
Views: 5129

Re: 40/60 allocation returns ytd

I think Wellesley/Wellington folks are sleeping fine (graphs courtesy of Simba's backtesting spreadsheet rev17d) I hold both, Wellesley in Roth IRA, Wellington in taxable, but they're not my only holdings. They're stable and I'm good with that. However, they only make up about 30% of my overall por...
by Jerry55
Thu Sep 27, 2018 8:49 pm
Forum: Personal Investments
Topic: What to do with cash in the short term?
Replies: 36
Views: 3238

Re: What to do with cash in the short term?

If you buy treasuries via a brokerage (Vanguard/Fidelity/Schwab) rather than directly from Treasury Direct, you can sell them on the secondary market. There's risk of losing a little if you do this after rates have risen, but for an emergency fund or short- to mid-term savings it's not a big deal. ...
by Jerry55
Thu Sep 27, 2018 7:19 pm
Forum: Personal Investments
Topic: What to do with cash in the short term?
Replies: 36
Views: 3238

Re: What to do with cash in the short term?

I have to agree with most posters above. Online savings accounts or MM Funds you can find for about 1.75-2% I'm with Capitol One 360 in both. However, I'm also rotating in and out of 6 month T-Bills, so, those are an option as well. 4 Week, on up. However, they'd be locked in for that specific perio...
by Jerry55
Fri Sep 21, 2018 8:46 pm
Forum: Personal Investments
Topic: CIT vs. ALLY vs. 360
Replies: 14
Views: 2136

Re: CIT vs. ALLY vs. 360

I've been with CapitolOne 360 since it was ING some time ago, 10 + years. I've moved around and have been in 2 or more online savings accounts, going back to 2000. Even Banco Popular, which was paying close to 5% prior to 2008. The one thing I like about Capitol One 360 is that the 1.85% is for it's...
by Jerry55
Sun Sep 09, 2018 11:00 pm
Forum: Personal Investments
Topic: Investing excess for short term
Replies: 3
Views: 517

Re: Investing excess for short term

I agree with Strange above...if safety is paramount, low returns is the norm.

Try an online 2% account (Bankrate.com) has info. I'm with Capitol One 360 MM,
but I'm moving into 6 month treasury bills @ 2+ % (No State Taxes). Your move....
by Jerry55
Sat Sep 08, 2018 12:37 am
Forum: Personal Investments
Topic: Portfolio Preservation Fund(s)
Replies: 15
Views: 1503

Re: Portfolio Preservation Fund(s)

I'm in the Federal Thrift Savings Plan (similar to a 401K) and am rather aggressive there. 80% C fund (S&P 500), 10 % Small cap Fund and 10% International Fund. That being said, about 35% of my funds are in 2 Vanguard Funds which are Wellesley (Roth IRA) and Wellington (taxable) I'm there for stabil...
by Jerry55
Wed Sep 05, 2018 10:14 pm
Forum: Personal Investments
Topic: Pension early distribution options
Replies: 12
Views: 1111

Re: Pension early distribution options

If you took monthly payments @ age 62, you'd receive the entire amount in less than 10 years. Age 60 ? in about 10.5 years, and so on.....anything after that time is "Gravy" 3% on 50K would give you about $1,500 per year and so on. All before taxes. What's your best guess, and I'd certainly look at ...
by Jerry55
Wed Sep 05, 2018 8:15 pm
Forum: Personal Investments
Topic: What to do with 100K
Replies: 13
Views: 1697

Re: What to do with 100K

High Yield Online savings account or MM, paying ~ 1.75% to 2 %. That's what I do and did, however, I moved (and am moving) most of those funds into a Treasury Account (T-Bills) of 3-6 month length. Free from State Taxes on interest and safe. I'm moving mine in 25K increments every 2-3 months until I...
by Jerry55
Mon Sep 03, 2018 6:21 pm
Forum: Personal Investments
Topic: What to do with extra cash flow each month?
Replies: 18
Views: 1268

Re: What to do with extra cash flow each month?

If you're looking for safety AND liquidity, I'd agree with some posters above....High Yield Online Savings Account. I have one @ Capitol ONE 360 Savings, plus their MM Fund. I've recently began rotating funds out of there, into 6 month Treasuries. June / Sept / Dec / Mar, but may back that off to 2 ...
by Jerry55
Mon Sep 03, 2018 12:14 am
Forum: Personal Investments
Topic: Wellington Fund: where is the special sauce?
Replies: 41
Views: 9940

Re: Wellington Fund: where is the special sauce?

I hold Wellington AND Wellesley for a reason. That reason is NOT to beat the S & P 500 index, or shoot for the moon. Those two are there as my stability funds. They are both not doing excellent this year, but I expect that and have no issues. The question is..."Why are YOU holding it" ? Answer that,...
by Jerry55
Mon Aug 20, 2018 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Union at Fed job
Replies: 20
Views: 2039

Re: Union at Fed job

I have worked on the management side of several manufacturing companies that had unionized workforces. They tended to make the operation inefficient and worked against the interest of the shareholders. Because of that experience, I am not a fan of unions. I also do not like that they take members' ...
by Jerry55
Thu Aug 16, 2018 10:51 pm
Forum: Personal Investments
Topic: Elderly Relative Short on Money
Replies: 98
Views: 9128

Re: Elderly Relative Short on Money

Most, if not all, subsidized housing has income limits, which typically include assets. Look at that first.
Also, the Nephew who is handling her finances sounds like a true gentleman and a scholar....for a price.

Other than that, I won't add anything else, because you have a lot to consider...
by Jerry55
Sat Jul 28, 2018 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Is the 4% rule/ index funds flawed?
Replies: 35
Views: 5419

Re: Is the 4% rule/ index funds flawed?

What wrong with 1990? A great year to retire for 4% rule. You get the run up of the 90's ( of which 2000 was a correction) and only a "little" blip in 2008. Iraq invaded Kuwait in July 1990, causing oil prices to increase. The Dow dropped 18% in three months, from 2,911.63 on July 3 to 2,381.99 on ...
by Jerry55
Fri Jul 27, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Is the 4% rule/ index funds flawed?
Replies: 35
Views: 5419

Re: Is the 4% rule/ index funds flawed?

ryman554 wrote:
Fri Jul 27, 2018 9:04 am
What's wrong with 2000?

LOL !!! Looks like I skipped a decade !!! I meant 1990.
I really hate getting old at times.... :oops:
by Jerry55
Thu Jul 26, 2018 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is the 4% rule/ index funds flawed?
Replies: 35
Views: 5419

Re: Is the 4% rule/ index funds flawed?

I won't get into the Index fund conversation, good, bad or indifferent.

The 4% rule is a horse of a different color. Have another melt down like 2008, or mini crash like in 2000 or so ?
Those numbers can be quite difficult to obtain and may force one to actually stop taking cash. It all depends.
by Jerry55
Fri Jul 20, 2018 10:56 pm
Forum: Personal Investments
Topic: Where to invest 100K?
Replies: 4
Views: 656

Re: Where to invest 100K?

I am adverse to bonds (again may be my lack of knowledge) but would be interested in investing in some type of treasury index fund. Or even treasuries themselves. I'm not sure if your state taxes some things, but I am in your position, and decided to invest quarterly in 26 week treasury bills, payi...
by Jerry55
Thu Jul 12, 2018 10:18 pm
Forum: Personal Investments
Topic: How to buy T-Bills
Replies: 33
Views: 4670

Re: How to buy T-Bills

I like Treasury Direct as well. I've been using it over 10 years now. I had an account back before the crash, when the inverted yield curve gave me ~5% on 3 and 6 month T-Bills. After the crash, I moved into CD's that lasted up to a year and were still yielding 4-5%, but alas, that came to an end re...