Search found 889 matches

by zaplunken
Tue Jul 10, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 138
Views: 23469

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

I just moved cash out of my GS 1.6% savings into Vanguards California muni tax exempt MM fund, being in the highest tax bracket the rates are finally competitive with online savings accounts. I considered CA MM but the SEC yield is only 1+% which is pathetic... so I have it in Prime MM for now. I d...
by zaplunken
Thu Jun 21, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 234
Views: 41099

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

rkhusky wrote:
Thu Jun 21, 2018 7:27 am
zaplunken wrote:
Thu Jun 21, 2018 6:18 am
zaplunken wrote:
Wed Jun 20, 2018 7:51 pm
Does the yield on the PMM fund ever go down? Yields in Treasury bills, notes and bonds have dropped yet the PMM yield is going up during that same time frame.
Does anyone know the answer?
Yes, the yield can go down.
Thank you.
by zaplunken
Thu Jun 21, 2018 6:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 234
Views: 41099

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

zaplunken wrote:
Wed Jun 20, 2018 7:51 pm
Does the yield on the PMM fund ever go down? Yields in Treasury bills, notes and bonds have dropped yet the PMM yield is going up during that same time frame.
Does anyone know the answer?
by zaplunken
Wed Jun 20, 2018 7:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 234
Views: 41099

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Does the yield on the PMM fund ever go down? Yields in Treasury bills, notes and bonds have dropped yet the PMM yield is going up during that same time frame.
by zaplunken
Sat Jun 02, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on 9 or 12 month CD
Replies: 17
Views: 1529

Re: Questions on 9 or 12 month CD

I can call Vanguard Monday and discuss how it works buying through my taxable Brokerage Account. I can always default to Ally! I could walk you through how to buy the 6-month Treasury at auction, and you could enter the order this weekend, assuming that your Ally bank account already is linked to V...
by zaplunken
Sat Jun 02, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on 9 or 12 month CD
Replies: 17
Views: 1529

Re: Questions on 9 or 12 month CD

The Ally 12-month rate of 2.25% isn't bad. The 1-year brokered rate at Fidelity is 2.35%. If you want to stick with Ally, the 1-year gives you 25 basis points more yield for adding 3 months of maturity. That comes to 100 basis points per extra year of maturity, which is an excellent term premium. A...
by zaplunken
Fri Jun 01, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on 9 or 12 month CD
Replies: 17
Views: 1529

Re: Questions on 9 or 12 month CD

This thread will be more helpful than Vanguard since they will not take your call tomorrow: https://www.bogleheads.org/forum/viewtopic.php?t=244645 I read that thread already but the one I posted sounds like it is a hassle buying through TD plus I need to remember to print a 1099. I can call Vangua...
by zaplunken
Fri Jun 01, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on 9 or 12 month CD
Replies: 17
Views: 1529

Re: Questions on 9 or 12 month CD

Thanks, buying at Vanguard sounds a lot easier than treasury Direct! I read the 1st page of this thread and didn't bother with the second page. Half the posts were negative so that was enough to say I'm willing to earn a bit less and not deal with the nonsense at TD. https://www.bogleheads.org/forum...
by zaplunken
Fri Jun 01, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on 9 or 12 month CD
Replies: 17
Views: 1529

Re: Questions on 9 or 12 month CD

Thanks. I don't pay any state income tax and in 2018 I'll be in the 12% bracket for Federal. I never considered a 6 month T bill. I am not familiar with Treasury dot Direct so there is a bit of an intimidation factor in doing that. The money is at Ally now and would have the owner be my Revocable Li...
by zaplunken
Fri Jun 01, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on 9 or 12 month CD
Replies: 17
Views: 1529

Questions on 9 or 12 month CD

I have $25k that I don't need to touch for a while (and possibly another $25k) and rather than leave it in Ally's Online Savings account at 1.6% I thought a CD would be better. I did some reading in the Wiki about Brokered CDs and looked at https://www.depositaccounts.com/ for 9 and 12 month CDs. I'...
by zaplunken
Mon May 21, 2018 7:09 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 90
Views: 15503

Re: Why is Vanguard switching all accounts to brokerage accounts?

b My new Vanguard brokerage account has been sending statements every month. But it appears that they will not send a statement showing the entire year's transactions, as the mutual fund account used to do. My solution is simply to go to the "View Transactions" tab, set a custom date range of Jan 1...
by zaplunken
Mon May 21, 2018 8:06 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 90
Views: 15503

Re: Why is Vanguard switching all accounts to brokerage accounts?

b My new Vanguard brokerage account has been sending statements every month. But it appears that they will not send a statement showing the entire year's transactions, as the mutual fund account used to do. My solution is simply to go to the "View Transactions" tab, set a custom date range of Jan 1...
by zaplunken
Sun May 20, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 90
Views: 15503

Re: Why is Vanguard switching all accounts to brokerage accounts?

b Lack of Annual Statements -- mutual fund companies provide a year-end statement in print (I'm not sure if this is required by ICA1940 or some other regulation, but it seems universal). Brokerages typically do not send a year-end statement, and sometimes send no statements at all -- which makes lo...
by zaplunken
Thu May 17, 2018 7:44 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 10425

Re: Yes, I'm 89 all right! [Jack Bogle]

Happy Birthday Mr. Bogle! It's such an honor to be able to address you here. As so many have said, you have made a profound difference in my and our lives. Wishing you many more years of life and happiness! :sharebeer
by zaplunken
Fri May 11, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.75%]
Replies: 210
Views: 32106

Re: Ally online savings now at 1.60%

For the High Yield CDs only the 12 month CDs increased the interest rate the rest remain the same, 10 bp for the 2 lower levels and 25 bp for the $25k+

I wouldn't lock up money for 12 months in this environment but YYMV. The PMM is paying a better interest rate and liquid.
by zaplunken
Mon May 07, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.75%]
Replies: 210
Views: 32106

Re: Ally online savings now at 1.50%

I'm in the 12% Federal tax bracket for 2018 and pay no state income taxes. I have $50,000 (+ or -) so the difference in yearly interest is $740 at Ally vs $660 with the Vanguard fund but it is tax free. You would be better off with Prime Money Market at 1.83%, which would be 1.61% after 12% tax vs....
by zaplunken
Sun May 06, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: 401k Stable Value Fund Rates?
Replies: 35
Views: 2624

Re: 401k Stable Value Fund Rates?

My 401k offered by a financial services corporation has a SVF comprised of GIC. For 2017 the return was 2.27% which I consider good. Getting 3%+ sounds risky, what the heck are they investing in junk paper? I have tracked my SVF for well over 15 years and it never loses nav, the nav just goes up fas...
by zaplunken
Sun May 06, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.75%]
Replies: 210
Views: 32106

Re: Ally online savings now at 1.50%

I assume the Muni Market fund being discussed is Vanguard Municipal Money Market Fund (VMSXX). I transfer money from my local bank's checking account to Ally when I have excess money in it which is at least one time often 2 times a month. The turn around is one business day. I can do 6 transfers fro...
by zaplunken
Sun May 06, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: Cash instead of bonds?
Replies: 59
Views: 7633

Re: Cash instead of bonds?

1. Define "wealthy"! Someone with $10M to $50M will have a very different set of circumstances vs your average Joe or Jane whose net worth may be more like $500k to $1M 2. A 90/10 AA in retirement is crazy, well unless your net worth is in that $10M to $50M range, you can lose a ton and still have a...
by zaplunken
Fri May 04, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 311
Views: 47347

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Well, in every car I've ever owned there was a 1 quart difference between the underfill and overfill mark on the dipstick. For the CRV that measures 18 mm. I'm 8 mm above the overfill, which would be 8/18 qt. or .44 qt (almost half a quart). The total oil volume in the CRV at the overfill mark is 4...
by zaplunken
Thu May 03, 2018 8:02 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 311
Views: 47347

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

That is unbelievable! I would pay to have the filter changed every time, no ands ifs or buts. Who in their right mind uses a dirty oil filter after putting new oil into an engine? That is just plain stupid and I don't care what the Honda engineers say, you just contaminated that clean oil with the a...
by zaplunken
Thu May 03, 2018 5:16 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 311
Views: 47347

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I notice many people are saying their oil smells either a little like gas or maybe like gas. I have been changing my oil in cars and 2 trucks for almost 5 decades. I am not a mechanic. Over the past 30 years I've owned Hondas that I bought used and some had high mileage on the engine throughout my o...
by zaplunken
Wed May 02, 2018 7:27 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 311
Views: 47347

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

The handling of this is unbelievable to me. I have owned Honda Civics and now an Accord since 1987 all of them used. I would never buy a new or newer Honda after reading this thread, my Accord is a 1993. All 4 or 5 of the Hondas have been very good cars but this [(removed) --admin LadyGeek] attitude...
by zaplunken
Mon Apr 23, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 138
Views: 23469

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

With the 2 year Treasury note at 2.479% when's Ally going to raise the online savings rate! It is stuck at 1.45%.
by zaplunken
Wed Apr 11, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 311
Views: 47347

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

After 385 miles, that is a significant change. It seems you are in "lemon" area. I would start with a "fix this or take this car back" discussion. These type of issues are very draining for me. I am a "fixer". Sometimes there are no fixes. We had a 2007 Honda Odyssey with the worst transmission in ...
by zaplunken
Tue Mar 27, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 68
Views: 7972

Re: So... What bond fund or bond-like instrument do you use?

Agree with many comments above - your "bond" allocation is really your fixed income and not necessarily in bonds or a fund. CDs, bank accounts, Prime Money Market are all part of a "bond" allocation.
by zaplunken
Mon Mar 26, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 68
Views: 7972

Re: So... What bond fund or bond-like instrument do you use?

It's been a while since low interest rates started. And all of our fears of hyperinflation seems to have went up in smoke (I certainly had some during 2008). What funds are you guys using these days, assuming we have no predictive power or whether the future with be deflationary or hyperinflationar...
by zaplunken
Sun Mar 18, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: Best way to hold cash in retirement accounts??
Replies: 57
Views: 6629

Re: Best way to hold cash in retirement accounts??

Why not just put your safe money into the Prime Money Market fund in your taxable account and not worry about duration of bond funds? If interest rates don't go up then duration isn't a problem but if they do then they lose nav. The interest rate on the PMM fund is 1.6% for the Investor shares, you ...
by zaplunken
Sun Mar 18, 2018 3:33 pm
Forum: Forum Issues and Administration
Topic: Fewer Readers Despite Continued Market Volatility
Replies: 16
Views: 2925

Re: Fewer Readers Despite Continued Market Volatility

I've been too busy market timing! :wink:
by zaplunken
Mon Feb 19, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: Old 401k Statements
Replies: 9
Views: 936

Re: Old 401k Statements

I have end of year statements from 1988 to present. I look at them rarely but it is interesting to walk down memory lane once in a while and see my contributions, the company's and the growth. They really aren't necessary except for the current last year but I like saving paper.
by zaplunken
Thu Feb 15, 2018 7:58 am
Forum: Investing - Help with Personal Investments
Topic: The Prime Money Market vs the Short Term Investment Grade bond fund question
Replies: 17
Views: 3405

Re: The Prime Money Market vs the Short Term Investment Grade bond fund question

Safer than some of the others being a treasury fund but the duration is high with basically the same yield as the Ultra Short Term fund. Duration is something I am trying to avoid but thanks for the info.
by zaplunken
Tue Feb 13, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: The Prime Money Market vs the Short Term Investment Grade bond fund question
Replies: 17
Views: 3405

Re: The Prime Money Market vs the Short Term Investment Grade bond fund question

True we don't know how the STIG or the PMM funds will behave when the Fed raises rates, isn't mid March the next meeting? I am thinking funds both will move a little, the increase from 2.6x% to 2.8x% was so fast that it was surprising and that was on inflation fears and the fear of a 4th rate hike. ...
by zaplunken
Tue Feb 13, 2018 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: The Prime Money Market vs the Short Term Investment Grade bond fund question
Replies: 17
Views: 3405

Re: The Prime Money Market vs the Short Term Investment Grade bond fund question

I came across this quote from another thread Since the rule of thumb is interest rate change X years of duration = NAV change, we can reasonable expect three interest rate increases of .25% to decrease a fund with a 2.76 year duration an additional 2.07% of NAV or so this coming year. The duration o...
by zaplunken
Tue Feb 13, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Attention Sqawk Box viewers
Replies: 16
Views: 1784

Re: Attention Sqawk Box viewers

I love Joe Kernen for his conservative views and for his harassment of Andrew Ross Sorkin whom I can't stand. The one thing I don't like about Joe is he will yell over other people making any attempt at listening just about impossible. I'm hoping Sorkin will take a job at the NT Times where he can b...
by zaplunken
Tue Feb 13, 2018 2:26 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8476

Re: Are Password Managers Really Necessary?

It is amazing that people create terrible systems that they think are brilliant when a safe and secure password manager can be had for free. :oops: OK by me, I'm not the low hanging fruit. :beer
by zaplunken
Sun Feb 11, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8476

Re: Are Password Managers Really Necessary?

I would read at their website. Many are, I know that KeePass is not. Many feel safe with being in the cloud but I do not. YMMV.

ETA if it is in the cloud I doubt you can move it to your device (pc, phone, tablet).
by zaplunken
Sun Feb 11, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 234
Views: 41099

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

I just checked Vanguard and Ally. The PMM is paying 1.45% (it was 1.43% a couple of days ago) and Ally Online Saving Account is paying 1.45% (it was 1.35% a couple of days ago). Even if Ally was still at 1.35% moving all the money to Vanguard isn't worth the time to get 10 bp more. I suspect the 2 w...
by zaplunken
Sun Feb 11, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8476

Re: Are Password Managers Really Necessary?

Oh I love these password manager threads and I have read every one of them for the past 8-10 years. :D I use a password manager and I keep it off line and I would never put it in the cloud. I worked in IT most of my life and understand when the experts tell you to never do this or don't do that I li...
by zaplunken
Sun Feb 11, 2018 2:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4985

Re: Happy Birthday, Taylor!

So I'm a little late to the party and I didn't read all 80 posts so maybe someone already said this but...

Happy Birthday Taylor and many more to come! :sharebeer
by zaplunken
Sat Feb 10, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: The Prime Money Market vs the Short Term Investment Grade bond fund question
Replies: 17
Views: 3405

Re: The Prime Money Market vs the Short Term Investment Grade bond fund question

The 10 year Treasury note shot up about 20-25 bp in a week and the effect on the STIG fund was noticeable in the January statement. I made $219 in dividends for January but the balance dropped by $400 so that's a $619 loss in nav offset a bit by the dividend. If the 10 year goes up a few bp per mont...
by zaplunken
Sun Feb 04, 2018 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: The Prime Money Market vs the Short Term Investment Grade bond fund question
Replies: 17
Views: 3405

Re: The Prime Money Market vs the Short Term Investment Grade bond fund question

I haven't paid a penny in state income tax since I retired over 10 years ago but RMDs will definitely cause that to happen. I'll look at your link and the Treasury Money Market fund. I prefer to park the STIG money for a number of years, I don't see any reason to allocate it to something else but wh...
by zaplunken
Sun Feb 04, 2018 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: The Prime Money Market vs the Short Term Investment Grade bond fund question
Replies: 17
Views: 3405

Re: The Prime Money Market vs the Short Term Investment Grade bond fund question

Thank you to both of you. Most of my portfolio is in taxed deferred, that's where all the fixed income is. I'm retired with no need for the income of the bond fund. A long term investment is not the same time frame as it used to be! I'm close to 70 and while I used to think in multiple decades re in...
by zaplunken
Sun Feb 04, 2018 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: The Prime Money Market vs the Short Term Investment Grade bond fund question
Replies: 17
Views: 3405

The Prime Money Market vs the Short Term Investment Grade bond fund question

I did a search on Prime Money Market (PMM) and found https://www.bogleheads.org/forum/viewtopic.php?f=10&t=239399&hilit=prime+money+market which is really just discussing the alternatives Larry suggested in his blog of a week ago. I read the thread and Larry's article. Other threads I found were not...
by zaplunken
Sat Jan 13, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: What happened to Larry Kudlow's Saturday radio program?
Replies: 5
Views: 1260

Re: What happened to Larry Kudlow's Saturday radio program?

I just checked my podcast link http://www.wabcradio.com/2012/12/09/kudlowpodcasts/ and there is a show for today! I guess he's off WABC but the show is still on. I liked listening live but I guess I may have to sit at the pc to hear it now.
by zaplunken
Sat Jan 13, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: What happened to Larry Kudlow's Saturday radio program?
Replies: 5
Views: 1260

Re: What happened to Larry Kudlow's Saturday radio program?

He has discussed that on CNBC but never in detail. He's very faithful about doing the show, even on holiday weekends other than Christmas he's on the air that's why I'm surprised he wasn't on today. I hope he is OK maybe on a vacation, I'd really miss his show. I missed his TV show when that ended.
by zaplunken
Sat Jan 13, 2018 8:06 pm
Forum: Investing - Theory, News & General
Topic: What happened to Larry Kudlow's Saturday radio program?
Replies: 5
Views: 1260

What happened to Larry Kudlow's Saturday radio program?

Is he off today (1/13/18) or has it been cancelled? I tried to find out but nothing Google brings up is any help. Is he on a different time? I listen on WABC 770 AM out of NYC from 11 am to 1 pm.

Mods if this isn't in the proper forum please move it, I couldn't decide where it should go.
by zaplunken
Sun Nov 19, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle, the world's richest man
Replies: 25
Views: 5626

Re: Jack Bogle, the word's richest man

Jack Bogle and Vanguard are the 9th wonder of the modern world.

Mr. Bogle has done more for me than Zuckerberg or Gates ever have or ever will. :sharebeer
by zaplunken
Sun Nov 19, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: Storing Lawn Tractor over the Winter
Replies: 36
Views: 2680

Re: Storing Lawn Tractor over the Winter

I live in the north and we have very cold winters tho it isn't like the upper midwest cold. I see a lot of recommendations to use Stabil but no one says which kind . For years I used the pink Stabil and then the guy who sharpens my mower blades and has run a power equipment business for 25 or 20 yea...
by zaplunken
Sun Oct 08, 2017 9:45 am
Forum: Personal Consumer Issues
Topic: How Often Should I Have Chimney Cleaned (New England)?
Replies: 17
Views: 1985

Re: How Often Should I Have Chimney Cleaned (New England)?

mancich wrote:
Sun Oct 08, 2017 7:36 am
We do it yearly (we live in Hudson Valley area of NY) . We use the fireplace a lot and for a couple of hundred bucks it is cheap piece of mind.
You are charged a couple of hundred dollars to clean 1 chimney? :shock:
by zaplunken
Sat Oct 07, 2017 7:00 pm
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 68
Views: 7972

Re: So... What bond fund or bond-like instrument do you use?

I kept a chunk of money in my 401k for the SV fund, last time I looked it was around 2.2 or 2.3%. I'm 50/50 (more like 52/48) and have 32% in the SV fund, 12% in Vang Short Term Investment Grade fund and about 5% in cash.