Search found 1569 matches

by sperry8
Fri Aug 17, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?
Replies: 24
Views: 2130

Re: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?

If you want to discourage him from going, I would make the trip inconvenient as possible :twisted: Or just let him watch the 2006 film "Borat! Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan." (Yes, I know that the film is somewhat exaggerated.) Victoria Sorry, have to ...
by sperry8
Fri Aug 17, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?
Replies: 24
Views: 2130

Re: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?

We want to go to Kazakhstan and Uzbekistan next summer from the US. Is this a difficult enough trip that a travel agent might be the best way to get this organized with flights, hotels, guides, etc? Trying to this on the cheap with family of 4. We have someone in our family that speaks and reads Ru...
by sperry8
Sat Aug 11, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for a bear market
Replies: 43
Views: 5253

Re: Preparing for a bear market

My wife and I retired nine years ago and are now 65. Our financial investments are all in a diversified portfolio of Vanguard index funds. In addition, we have income from an inflation indexed pension and social security plus about $800,000 equity in our house. Until recently we were firm believers...
by sperry8
Fri Aug 10, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 10574

Re: The Bigger Story: Fidelity Expense Ratios

Forgive me if this was highlighted in one of the longer threads, but this chart seems to me as big a story as the introduction of the two ZERO expense funds. Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. http://i65.tinypic.com/t85aiq.png If there is so...
by sperry8
Fri Aug 10, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Valuations Too High?
Replies: 229
Views: 14243

Re: Larry Swedroe: Valuations Too High?

Sperry, If you’ve benefitted from the long bull, and want to spend those profits, might it make sense to realize some of those profits and save them as cash and short term bonds? That would be an AA change towards the more conservative. Dave Yes, if I realized profits then it would be more conserva...
by sperry8
Fri Aug 10, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Valuations Too High?
Replies: 229
Views: 14243

Re: Larry Swedroe: Valuations Too High?

As the whole thing shifts left due to valuations, the extra alpha we may get in stocks may not be worth it any longer. Of course - the dispersion of returns even thought shifted left are still too great to truly now. If it were as small as 2-4%, I could likely run some numbers to determine my perso...
by sperry8
Fri Aug 10, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Valuations Too High?
Replies: 229
Views: 14243

Re: Larry Swedroe: Valuations Too High?

I will add this, we invest in equities even though they are riskier. Reason we anticipate a risk premium. Now at some point you should believe the risk premium isn't worth it. That is a different level for every person. The ERP has historically been high because wealthy people have little need to t...
by sperry8
Wed Aug 08, 2018 11:18 pm
Forum: Personal Consumer Issues
Topic: SPG rewards....sucks?
Replies: 24
Views: 2817

Re: SPG rewards....sucks?

Apologize in advance as it is a bit of a rant....everyone is talking about how valuable SPG rewards are (i.e. 2.7 cent per point). But when I try to redeem my 30K points, I feel that all the planets have to align before I find a hotel that I want. My first issue is with the "value" of the rewards. ...
by sperry8
Tue Aug 07, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 7828

Re: Would buy and hold work if Japan's lost decade happens?

asif408 wrote:
Tue Aug 07, 2018 9:47 am
Here's a timely article: https://pensionpartners.com/the-nikkei-straw-man/
Agreed, was just reading it as well.

Seems most people who perpetuate the "lost decade" do so without including dividend reinvestment and assumes you only held Japan. Both unwise moves... diversify!
by sperry8
Sun Aug 05, 2018 5:59 am
Forum: Investing - Help with Personal Investments
Topic: VINEX international fund
Replies: 29
Views: 1669

Re: VINEX international fund

I've owned VINEX for years. It used to outperform substantially but more recently I've been underwhelmed. SCZ (etf) is more to my liking these days. I own both currently.
by sperry8
Sat Aug 04, 2018 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 220
Views: 35744

Re: [Ally online savings now at 1.75%]

FWIW, just got an email from Ally, they bumped up to 1.8%. Vanguard Federal Money Market (for the Vanguard Sweep and their Advantage checking account) is 1.89% compound yield (and it is exempt from many state and local taxes). The Vanguard Prime MM is 2.08%. One would be better off with Ally's no P...
by sperry8
Thu Aug 02, 2018 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Best bank to receive international wire transfer
Replies: 15
Views: 882

Re: Best bank to receive international wire transfer

We are looking to receive an international wire transfer in USD from a Southeast Asian country. Our main bank accounts are Capital One 360, Ally, and Synchrony. Due to chasing bank bonuses, we also currently have accounts at Chase, Citi, and Wells Fargo. (I also have accounts with PNC and Denizen.)...
by sperry8
Thu Aug 02, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: In Search of... the Inverted Yield Curve
Replies: 17
Views: 2318

Re: In Search of... the Inverted Yield Curve

Thanks for the interesting analysis. I wonder how well an inverted yield curve foreshadowed other recessions. And whether this effect was similar in other nations. Ben Carlson talked about that very topic this week http://awealthofcommonsense.com/2018/07/arguing-with-the-yield-curve/ Here is a rece...
by sperry8
Thu Aug 02, 2018 2:48 am
Forum: Personal Finance (Not Investing)
Topic: If History says.... would you change 4% rule ?
Replies: 27
Views: 2819

Re: If History says.... would you change 4% rule ?

I've read Wade Phau says that a SWR of 2-3% is optimal to ensure you don't run out of money. If you have some negative return years early in retirement then sequence of return risk will blow up the portfolio. I had 50% drop in my first 2 years... and I find 4% to be too low. I think Phau is trying ...
by sperry8
Tue Jul 31, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: If History says.... would you change 4% rule ?
Replies: 27
Views: 2819

Re: If History says.... would you change 4% rule ?

Not sure I'd change based on history... but I did change based on my actuals. I retired 11 years ago (2007) and this into the Great Recession. Even including the 50% drop in assets... my withdrawal rate could easily have been 5% (rather then the 4% rule). I still am not spending that much (as I don'...
by sperry8
Tue Jul 31, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone invested in foreign bank accounts?
Replies: 10
Views: 898

Re: Has anyone invested in foreign bank accounts?

I have accounts in the UK, Eurozone, Australia, NZ, Canada, & China and I have held them for ~10 years. As others have mentioned, there is currency risk. Not all have their version of FDIC insurance although some do (the UK & Eurozone do). Over the years I've watched the currency amounts flop all o...
by sperry8
Tue Jul 31, 2018 3:35 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone invested in foreign bank accounts?
Replies: 10
Views: 898

Re: Has anyone invested in foreign bank accounts?

I had recently been looking at a few articles touting investments in foreign bank accounts (those that are insured by the country's government - akin to the FDIC). Some describe returns of 7%-15% (although depending upon the country, their inflation could eat at the total return). It made me wonder...
by sperry8
Mon Jul 30, 2018 8:29 am
Forum: Personal Consumer Issues
Topic: PSA: Venmo Privacy Issues
Replies: 11
Views: 1587

Re: PSA: Venmo Privacy Issues

None of this pertains to users who set their settings to "private". Clearly if you leave said settings "public" then you allow everyone to see what you do. Can't imagine why anyone would leave settings "public". Because 99% of people do not read manuals, instructions, or terms and conditions. Agree...
by sperry8
Mon Jul 30, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: Best MacBook Value
Replies: 40
Views: 3252

Re: Best MacBook Value

Type refurbished apple into google and find the apple refurbished site. From there pick what you want for usually 11-18% off retail. Also, anything will seem like a massive upgrade from a 2009 MacBook. +1. I have bought refurbished on Apple many times. A great way to get more for less. :sharebeer W...
by sperry8
Mon Jul 30, 2018 6:54 am
Forum: Personal Consumer Issues
Topic: PSA: Venmo Privacy Issues
Replies: 11
Views: 1587

Re: PSA: Venmo Privacy Issues

If you use this service, you may want to adjust your privacy. The default is public for all transactions, and the API is widely published. This article gives the details, and even contains a link to a website that shows realtime examples: https://www.theguardian.com/world/2018/jul/17/venmo-payments...
by sperry8
Mon Jul 30, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: In Search of... the Inverted Yield Curve
Replies: 17
Views: 2318

Re: In Search of... the Inverted Yield Curve

Thanks for the interesting analysis. I wonder how well an inverted yield curve foreshadowed other recessions. And whether this effect was similar in other nations. Ben Carlson talked about that very topic this week http://awealthofcommonsense.com/2018/07/arguing-with-the-yield-curve/ Here is a rece...
by sperry8
Mon Jul 30, 2018 12:03 am
Forum: Personal Consumer Issues
Topic: PSA: Venmo Privacy Issues
Replies: 11
Views: 1587

Re: PSA: Venmo Privacy Issues

If you use this service, you may want to adjust your privacy. The default is public for all transactions, and the API is widely published. This article gives the details, and even contains a link to a website that shows realtime examples: https://www.theguardian.com/world/2018/jul/17/venmo-payments...
by sperry8
Sun Jul 29, 2018 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13686

Re: Should I Dump a Pile of Money on Young Son?

No you should not dump a pile of money on your young son. He's doing great, and you might ruin him with it. The wrong sorts of people may become attracted to him (they seem to be able to smell money on a person). See an estate planning lawyer for help in preserving and protecting that money for you...
by sperry8
Tue Jun 12, 2018 5:50 am
Forum: Investing - Help with Personal Investments
Topic: Purepoint now 1.6%
Replies: 16
Views: 2527

Re: Purepoint now 1.6%

socal777 wrote:
Mon Apr 09, 2018 9:07 pm
Popular Direct is 2.0% APR
SlowMovingInvestor wrote:
Thu May 31, 2018 1:13 pm
Purepoint now 1.9%
And Vanguard Prime Money Market now at 1.95%. Of course that isn't FDIC insured. I'm in all 3 actually. Not in any other online banks... see no reason to be in any lower than 1.9%.
by sperry8
Thu May 24, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America ATM card not working internationally
Replies: 38
Views: 2753

Re: Bank of America ATM card not working internationally

And this is why I always travel internationally with two debit cards from two different banks. I have had instances where one didn't work in one country - and it saved me a lot of hassle to have the other handy. I realize this won't help the OP today, but it's a worthy reminder for those reading thi...
by sperry8
Sun May 20, 2018 11:51 am
Forum: Investing - Theory, News & General
Topic: more rotten service from Vanguard [ACH transfer, fund availability]
Replies: 30
Views: 4580

Re: more rotten service from Vanguard [ACH transfer, fund availability]

Side note: I refuse to use any voice recognition system for authentication. Vanguard has it. I believe Fidelity does too. There is software such as Lyrebird or Adobe Audition (relevant article with example video: Popular Mechanics: New Software Allows You To Synthesize Speech In Any Voice ) where, ...
by sperry8
Thu May 17, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: more rotten service from Vanguard [ACH transfer, fund availability]
Replies: 30
Views: 4580

Re: more rotten service from Vanguard

Used the voice identification system and when I got the rep she claimed I had to go through the system again; this is the second time there alleged system designed to speed things up hasn't worked do you know that if you ACH money from Vanguard to your bank it's available once the funds hit your ba...
by sperry8
Thu May 17, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: Termination of transfers from SPG and Marriott to airlines?
Replies: 94
Views: 5907

Re: Termination of transfers from SPG and Marriott to airlines?

I had a question which is sort of related to this thread. Can the Free Mariott night certificate (Category 5) be used with Starwood Hotels too if you book prior to August (but for an August stay) ? I know that Mariott and SPG are supposed to align up in August, but I'm not sure what happens to free...
by sperry8
Sun May 13, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market instead of bond fund
Replies: 40
Views: 5618

Re: Vanguard Prime Money Market instead of bond fund

livesoft wrote:
Sun May 13, 2018 2:12 pm
For how long? You can chart the total return of VBTLX and VMMXX and see that VBTLX outperforms in the long run.
That was in a bond bull market. Perhaps if the bear is here... history won't look like the future?
by sperry8
Sun May 13, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Mercedes Benz Demand Notes 1.6%
Replies: 24
Views: 5793

Re: Mercedes Benz Demand Notes 1.6%

These yield 2.53% APY now. How long are you required to hold the note for? Or is it liquid like a mm?
by sperry8
Fri May 11, 2018 11:17 pm
Forum: Personal Consumer Issues
Topic: Which City to spend 4-6 weeks?
Replies: 48
Views: 5267

Re: Which City to spend 4-6 weeks?

I have been thinking about spending 4-6 weeks in one of the European cities next year (But also open to other parts of the world if it made sense). Most likely it will be from May 15 through June 15-30 (but I am flexible on that). I am looking for recommendations for cities that are able to meet fo...
by sperry8
Fri May 11, 2018 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 220
Views: 35744

Re: Ally online savings now at 1.60%

With Popular Direct at 2% I don't see why these 1.6% accounts are so popular. $5,000 minimum, a $4 fee if the account falls below $500, a $5 dormancy fee, a $25 early account closing fee. TOD and ACH limitations. Bad reviews on Depositaccounts.com I get that these issues may be irrelevant for many ...
by sperry8
Fri May 11, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 220
Views: 35744

Re: Ally online savings now at 1.50%

Ally raised it's rate to 1.60% APY today. Also raised their CD rates.
by sperry8
Wed May 09, 2018 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Newb: Money Market Fund (VMSXX) vs high yield savings online banking for E-fund?
Replies: 15
Views: 2849

Re: Newb: Money Market Fund (VMSXX) vs high yield savings online banking for E-fund?

Curious as to where I should park my emergency fund - currently around $100K. I use USAA at the moment but have been researching the high-yield online banking savings accounts like Ally (pays 1.5%), Goldman Sachs (Marchs @ 1.6%) etc... Is there a good reason to pick one over the other? Thanks, Bill...
by sperry8
Mon May 07, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 220
Views: 35744

Re: Ally online savings now at 1.50%

I've still got a couple 1.75% no penalty CD's, which are still seem competitive with (non-muni) money markets. At Fidelity, the best (non-muni) MM is around 1.5% for the prime money market (net of fees). Alternatives @ Fidelity would be 3mo T-bills directly or an ETF like BIL or SHV. However, the s...
by sperry8
Fri May 04, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 92
Views: 16210

Re: Replacement for Google Finance price quote function

Scraping data from bigcharts per this post worked for me for quite a while, but lately it has totally stopped working. Anyone else experience this? Anyone have any ideas? Thanks! Not sure - it's still working for me. Every once in a while, there's a hiccup, but only for some funds. Looking into thi...
by sperry8
Fri May 04, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Too much cash - what to do?
Replies: 16
Views: 2725

Re: Too much cash - what to do?

If you earmark $30K of that for the car you are going to buy then that leaves $90K. Maybe $40K of that would be your emergency fund so you would want to leave that in the savings account, or something similar. That leaves you $50K to to figure out what to do with. I would just use that for a larger...
by sperry8
Thu May 03, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Ally asking CURRENT customer to provide SSN card?
Replies: 58
Views: 4576

Re: Ally asking CURRENT customer to provide SSN card?

This conversation occurred via online chat? When the customer service rep said you needed to provide a copy of the SS card ,that's when I would have politely ended the chat and called via phone and ask for a clarification from a supervisor. While I don't suspect anything nefarious, a simple call to...
by sperry8
Wed May 02, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Have you quit eating sugar? Tell me how!
Replies: 129
Views: 11583

Re: Have you quit eating sugar? Tell me how!

Why limit your intake of whole fruit? Ever meet a fat person that blames it on too many bananas? I guess if eating fruit leads you to eating candy then I can see why you would want to limit your intake. Exactly. There is nothing wrong with sugar that comes packaged without mans touch. However, when...
by sperry8
Tue May 01, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 69
Views: 11276

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

I use the Ally no-penalty 11-mo CD as liquid cash (since it is after the first week of opening) and don't want to lock the money in for any period for around 20 bps. I will move it if a consistent savings/money market is at least 2% Just MHO. I do need to up my taxable muni bond ETF allocation so y...
by sperry8
Tue May 01, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: I-bond fixed rate = 0.3%
Replies: 62
Views: 8239

Re: I-bond fixed rate = 0.3%

When I log in as of today and see my i Bonds from 2012 and 2013 it shows a 2.48% interest rate. That would suggest a .26% fixed rate. Seems odd to me - shouldn't it be .2%?
by sperry8
Sun Apr 29, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Buying primecap now - a mistake?
Replies: 14
Views: 1928

Re: Buying primecap now - a mistake?

The majority of the times I've bought active funds because they had outperformed competitors for decades, had "team" management, etc. etc. they've underperformed going forward. Until I gave up on them many years later, at which point they started outpeforming again. I would say to set your exit str...
by sperry8
Sun Apr 29, 2018 8:50 am
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 11762

Re: Nomadic lifestyle in their 50s

I have found hotel miles to be invaluable. We generally find a low cost place to stay when we vacation - but usually for the last couple of days we will consider using hotel miles to get a nicer hotel. For instance last year in Vienna, we moved from a decent lower cost place to a hotel on the Rings...
by sperry8
Sun Apr 29, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Buying primecap now - a mistake?
Replies: 14
Views: 1928

Re: Buying primecap now - a mistake?

I can't speak to the top or bottom of where we are now. No one knows. What I can say is the Primecap team is one of the best teams I own. They have outperformed the market for over a decade. So if you do choose to go active, I'd highly recommend them. Most Bogleheads are purists however and would no...
by sperry8
Thu Apr 26, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Is there any app/software that neatly tells you daily gains/losses?
Replies: 19
Views: 1963

Re: Is there any app/software that neatly tells you daily gains/losses?

I would like to build a portfolio of various things some of which I own and some not, and track profit or loss since the beginning fake purchase date for each item. It is difficult to do this with Excel if one wants to reinvest dividends. Is there something out there that will let me do this on a w...
by sperry8
Wed Apr 25, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Should I open a Goldman sachs 1.6% savings account?
Replies: 31
Views: 3291

Re: Should I open a Goldman sachs 1.6% savings account?

Vanguard's VMMXX Prime Money Market is paying 1.8% SEC yield and the Municipal Money Market fund is paying 1.55%. I recently transferred most of my savings account at ALLY to money market funds with the recent increase in yields. +1 - this or Popular Direct @ 2% are the way to go. Either way you wi...
by sperry8
Wed Apr 25, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: Is there any app/software that neatly tells you daily gains/losses?
Replies: 19
Views: 1963

Re: Is there any app/software that neatly tells you daily gains/losses?

You can set up a portfolio using Yahoo Finance, or roll your own spreadsheet in Google Docs using "=GOOGLEFINANCE" commands to download share prices in real time. Yup, this is what I do as well. Google Sheets with GoogleFinance commands. Updates daily (or overnight). Each day I can waste 15 minutes...
by sperry8
Wed Apr 25, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab international ATM (worth the hard credit pull)
Replies: 25
Views: 2223

Re: Charles Schwab international ATM (worth the hard credit pull)

I travel internationally a few times a year. The ATM fees are minimal ($10-15 over the course of the year) so I don't worry about it. I don't care to open/track a new account for such small potatoes. That said, I absolutely keep a CC with no foreign transaction fees. Obviously, you don't travel to ...
by sperry8
Wed Apr 25, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 104
Views: 20883

Re: Ally Bank No penalty CD for parking cash, is there a catch?

True. That would earn me about $39 per year more on every $10K in the bank. Yesterday my sweetie and I spent exactly $39 on sandwiches and a couple of beers. SPGI has been near the top in interest rates since I opened the account, probably over 5 years ago. I don't know how long People's Direct wil...
by sperry8
Tue Apr 24, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone used Zelle?
Replies: 53
Views: 9272

Re: Anyone used Zelle?

I've used Zelle. I have a friend who won't use Paypal and I finally got him to agree to try Zelle. He signed up and once he entered his email I was able to send him money easily.

I'd use it to pay rent however they cap the daily limit at $2,500. Too small for rent in a large city.