Search found 595 matches

by digit8
Tue May 15, 2018 8:37 am
Forum: Investing - Help with Personal Investments
Topic: A Very Unique Inflation Fund
Replies: 11
Views: 1264

Re: A Very Unique Inflation Fund

That's a pass hard enough to cut diamonds for me personally. To much we don't know, and what we do know about is done more easily, cheaper through other means. If you go with this, at least keep in mind that it's not intended to be your primary holding, just supplemental.
by digit8
Tue May 08, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investment Plan
Replies: 24
Views: 2401

Re: Emergency Fund Investment Plan

OK, I'm probably going to get flamed for this but going to put it out there anyway . . . I don't have an "emergency fund", per se. Never have, never will. What I do have is a HELOC. I promise to try not to flame, because 95% of your reasoning makes perfect sense to me. Still, as a guy who spent mos...
by digit8
Thu Apr 26, 2018 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Considering a CD ladder
Replies: 45
Views: 6487

Re: Considering a CD ladder

No, it's fine. You have some minor misconceptions (regarding the differences between bonds and bond funds), but that's OK. +1 on both counts. I think it's worth giving some serious thought to some of the counterpoints and alternative plans that have been proposed here- but in the end the CD ladder ...
by digit8
Wed Apr 11, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investing
Replies: 24
Views: 1920

Re: Emergency Fund Investing

I call it the passive/agressive approach: 6 months in an MMSA, with regular additional deposits. Once it gets to a decent amount above 6 months worth- usually $500 bucks or so- I move the excess into a taxable S&P 500 fund.
by digit8
Tue Mar 27, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 6385

Re: Concerns with Vanguard

As far as security concerns go, I've worked at financial instituions my whole life and the major ones all have similar strengths and concerns. There is a case for diversifying to reduce the risk of losing everything to one hacker- but a counter argument that it's in effect multiplying the number of ...
by digit8
Tue Mar 27, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone buying CDs now instead of I bonds?
Replies: 22
Views: 3456

Re: Is anyone buying CDs now instead of I bonds?

You can't really know what the optimal choice is until after the fact. But I've gone from being a die-hard I Bond advocate to thinking it's not worth the hemming and hawing about the difference between the two. Sure, inflation could go crazy high, but it could also continue to be unexpectedly low- a...
by digit8
Tue Feb 27, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: What exactly happened in Japan...and can it happen here?
Replies: 52
Views: 10392

Re: What exactly happened in Japan...and can it happen here?

Can it happen here? Yes, anything can. Is it likely enough to be in my Top 10 or 20 worries? No. Tough to talk about without straying into politics, but for the most part you're talking about two countries with significant differences in their national economy, and majorly different roles in the wor...
by digit8
Tue Feb 27, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: Are CD's or "savings accounts" allowed in 403b's?
Replies: 19
Views: 961

Re: Are CD's or "savings accounts" allowed in 403b's?

No dig on the OP's perfectly valid and reasonable question- but I'd argue it's an interesting picture of a general mood shift, how we've gone from multiple (so many!) threads with versions of "should we invest more in foreign equities?" to multiple takes on "Bonds or CD's?" (not exactly the OP's poi...
by digit8
Mon Feb 19, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 7370

Re: Sell me on the benefits of an emergency fund

On an emotional level, however, being able to write a check and be done with the financial piece of a major crisis can be a lifesaver. In my experience, when the basement is flooded or the car is crashed or the kid is in the hospital, the very last thing I'm up for is the self-inflicted additional ...
by digit8
Mon Feb 19, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 7370

Re: Sell me on the benefits of an emergency fund

On a logical level, there is a point where emergency funds aren't a requirement. On an emotional level, however, being able to write a check and be done with the financial piece of a major crisis can be a lifesaver. In my experience, when the basement is flooded or the car is crashed or the kid is i...
by digit8
Sat Feb 10, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: CD Ladder or Treasuries ?
Replies: 17
Views: 1891

Re: CD Ladder or Treasuries ?

I think I Bonds make sense before Treasuries. Split your savings between I Bonds and CD's and you've got a pretty good "safe" portfolio.
by digit8
Fri Feb 02, 2018 11:49 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Index Fund vs. CDs?
Replies: 33
Views: 5187

Re: Total Bond Market Index Fund vs. CDs?

I started with a taxable CD ladder as an emergency fund but kept up the practice of shoveling spare funds into it until it grew well beyond 6 months needs. I've found I sleep quite comfortably at night counting that money toward the bond portion of my AA.
by digit8
Tue Jan 23, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard CEO - "4-4.5% Market Returns Over The Next Decade"
Replies: 35
Views: 5370

Re: Vanguard CEO - "4-4.5% Market Returns Over The Next Decade"

Just felt like tossing this one out there for general consumption and conversation... Vanguard CEO Tim Buckley has just stated he believes the market will return a paltry 4 - 4.5% return over the next decade on a 60 stock /40 bond portfolio. Any thoughts on this? Mainly "ugh"- less about me agreein...
by digit8
Mon Jan 01, 2018 7:10 pm
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 60
Views: 8268

Re: Savings Bond Wizard to be eliminated 5/18

Whakamole wrote:
Mon Jan 01, 2018 10:45 am
I get the distinct impression that so few people use savings bonds now, which is why they are scaling down services. I would not be surprised if they started grandfathering these.
Is there any kind of public record of how much money has gone into I Bonds?
by digit8
Wed Dec 27, 2017 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Creating a Mid-Tier Emergency Fund
Replies: 21
Views: 2580

Re: Creating a Mid-Tier Emergency Fund

Honestly? I've tried probably every possible option (I Bonds, CD's, bond funds, etc) and after letting them run for awhile discovered the increased returns were negligible. Certainly, not worth the time and trouble I put into research, rate hunting, and generally trying to squeeze every last dollar ...
by digit8
Sat Dec 23, 2017 8:10 am
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 7879

Re: Saving for the crash

I was on another forum mostly unrelated to investment, and a bunch of people were saying that they're setting aside a large amount of cash for the next big market crash (e.g., 2008). I think I know what folks will say about this plan (e.g., money not making money while you wait), but I'd love to he...
by digit8
Sat Dec 16, 2017 11:13 am
Forum: Investing - Help with Personal Investments
Topic: I bonds: Should I put money on I bonds rather than keep them in a savings account
Replies: 26
Views: 3860

Re: I bonds: Should I put money on I bonds rather than keep them in a savings account

If you use a bucket system to keep some cash available for at least the initial 12 month period, I Bonds make an all-around superior savings account- big purchases, emergency funds, and any other purpose you want your money kept ultra safe.
by digit8
Sat Aug 12, 2017 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Put My Emergency Fund?
Replies: 58
Views: 6447

Re: Where To Put My Emergency Fund?

I love the idea of Ibonds....but moved my emergency fund over to a CD which takes additional deposits and has a small penalty for breaking it,held in the same credit union as my checking. Just decided the tradeoff of possibly losing some inflation protection for a simpler way to track everything was...
by digit8
Sat Aug 05, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Stock market bubble
Replies: 26
Views: 3309

Re: Stock market bubble

My wife and I just hit our 15th anniversary so I was looking at our investment returns over the same period (we have an age difference so I review and consider making AA adjustments around the anniversary instead of one of our birthdays). Lo and behold, despite having barely reduced my stock allocat...
by digit8
Sat Jul 29, 2017 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Should emergency funds be included in AA?
Replies: 45
Views: 3356

Re: Should emergency funds be included in AA?

I don't include it. What's the worst that could happen, I wake up one morning and find out I can retire slightly earlier then I thought because I didn't have as many emergencies as I thought I would?
by digit8
Sun Jul 23, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: When doing retirement planning, do you count your spouse's savings?
Replies: 42
Views: 4931

Re: When doing retirement planning, do you count your spouse's savings?

My wife has a state pension and 403(b) plan that I do not count in our retirement planning- partly because I'm just too lazy to figure out how to best add it in, partly because I figure it never hurts to have a hedge compensating for the (IMHO) overly rosy projections of some retirement calculators.
by digit8
Sun Jul 02, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: When, if ever, does it make sense to cease contributing the 401K max?
Replies: 40
Views: 6259

Re: When, if ever, does it make sense to cease contributing the 401K max?

Sounds like it doesn't apply in your case, but there are plenty of employers whose 401k options are sufficiently terrible to make taxable investing a better option. There are still a sadly large variety of outfits sticking with high-cost, low performing options because corporate cut a deal, or becau...
by digit8
Sat Jun 24, 2017 9:29 am
Forum: Investing - Theory, News & General
Topic: "Home Bias Blues: Investors really should get out more. The reasons for sticking to local stocks are fewer by the day."
Replies: 52
Views: 5835

Re: "Home Bias Blues: Investors really should get out more. The reasons for sticking to local stocks are fewer by the da

TYes, the United States has done remarkably well in the last century, but the United Kingdom looked a lot more certain in the 100 years before that. Financial empires fall -- whether corporate or political -- I am not willing to bet on the longevity of any particular empire. Although it hasn't (yet...
by digit8
Sun Apr 09, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds for emergency cash
Replies: 14
Views: 2389

Re: Vanguard funds for emergency cash

I'd go money market. Why take even the tiniest chances when you have plans to tuck the money away in (IMHO) the perfect cash vehicle before too much longer?
by digit8
Sun Apr 09, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Timing of I-bonds purchase
Replies: 27
Views: 4278

Re: Timing of I-bonds purchase

I put money in I bonds purely as emergency funds, planning (hoping) that I won't be touching the money for 10, 20 years. I haven't yet seen a jump in the rates between 6 month periods that has been big enough where I felt salty about it, that if I'd just waited it would have really made a major impa...
by digit8
Sun Feb 26, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: What Amount of My Bonds Should Be I Bonds?
Replies: 10
Views: 1611

Re: What Amount of My Bonds Should Be I Bonds?

Don't get caught up in small details. Your portfolio will likely outweigh Ibond allocations by a good bit. You're doing fine. I-bond will do what they're meant do - provide inflation risk protection to your portfolio, and will likely not have the same returns as a regular bond funds. Consider using...
by digit8
Sat Jan 14, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Pay off HELOC instead of having an EF?
Replies: 11
Views: 1002

Re: Pay off HELOC instead of having an EF?

I don't keep much cash by choice. I have a HELOC, a margin credit line, and credit cards. All of which may not be there when you need them or at least not a reasonable cost. If your home value drops your HELOC credit line may be cut... When it became clear just how bad 2008 was going to be, the fin...
by digit8
Wed Dec 28, 2016 6:45 am
Forum: Investing - Theory, News & General
Topic: Does Vanguard always have our best interests in mind?
Replies: 55
Views: 5537

Re: Does Vanguard always have our best interests in mind?

To paraphrase Churchill, I think Vanguard is the worst place to invest, except for all the other places. I think the OP is representative exactly of the spectrum of reactions from consumers one might expect when dealing with abusiness (of any kind) that's doing it's job- the first three paragraphs b...
by digit8
Fri Dec 16, 2016 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone hiding out in short term CDs while rates rise?
Replies: 47
Views: 5235

Re: Anyone hiding out in short term CDs while rates rise?

Nope. My bonds are all TBM and TIPs in my 401k. Worst case I'm buying on sale for a year or two.
by digit8
Thu Nov 24, 2016 9:58 am
Forum: Investing - Theory, News & General
Topic: TIPS vs. I-Bonds: any reason to prefer TIPS?
Replies: 20
Views: 4151

Re: TIPS vs. I-Bonds: any reason to prefer TIPS?

I'm thinking about gradually replacing a TIPS bond ladder in my IRA with an equivalent amount in I-Bonds outside the IRA instead. Can't do it all at once because of the $10K annual purchase limit for I-Bonds but over time I'll be able to do it. The purpose of the TIPS ladder (or I-Bonds) is to prov...
by digit8
Sun Nov 13, 2016 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Warren Buffett Does Recommend The 90/10 Portfolio
Replies: 30
Views: 5393

Re: Warren Buffett Does Recommend The 90/10 Portfolio

Although enough intelligent people have had enough interpretations of this piece of advice to make me wary of any cut and dried take on it, I can see a big missing piece if we take this as advice for everyone. To make this a practical option, the investor has to make sure they are socking away plent...
by digit8
Wed Nov 09, 2016 7:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Bond - Not reccomended by Swedroe??
Replies: 50
Views: 13303

Re: Vanguard Total Bond - Not reccomended by Swedroe??

I'm not a fan of funds like TBM - I want my bond allocation (which I actually think of low-risk vs risk assets) to be lower risk and less corporates/ABS/MBS etc. I buy intermediate term treasuries, CDs and short-term corporate bonds (rated A- to AAA) for this part of my portfolio. If I'm driving fo...
by digit8
Sun Nov 06, 2016 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Can Bank Change CD Terms Mid-Stream?
Replies: 40
Views: 4341

Re: Can Bank Change CD Terms Mid-Stream?

It would be very odd for a bank or credit union not to have an innocuous looking "subject to change" clause, if not in specific account agreements then in the original paperwork to start using that institution. It's rare to see something like this enacted, but I'd expect when you talk to the bank th...
by digit8
Sun Sep 25, 2016 2:05 pm
Forum: Investing - Theory, News & General
Topic: Merriman knocks TSM
Replies: 34
Views: 5349

Re: Merriman knocks TSM

Ten funds vs the simple 3 fund portfolio? The question is, is the the 3 fund good enough. The answer is yes. I submit that the lovely thing about Marketwatch's tracking of Lazy Portfolios is how well it illustrates that once you get past the basic idea- broad market indexes and diverse asset alloca...
by digit8
Sat Sep 17, 2016 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Warren Buffett Loves The S&P 500?
Replies: 14
Views: 2631

Re: Warren Buffett Loves The S&P 500?

I would have a tough time picking another single fund that would be a better suggestion in the context where he normally presents it- brief blurbs that will be converted to one sentence or paragraph for an undefined audience on web sites and news shows. Someone not interested in investing at all who...
by digit8
Mon Sep 12, 2016 5:44 pm
Forum: Investing - Theory, News & General
Topic: The "No Bonds" portfolio
Replies: 100
Views: 24735

Re: The "No Bonds" portfolio

I'd love to follow Zvi Bodie and max out Ibond purchases for my working life. Throw in enough to my workplace plan to get matching funds, put that entirely to stocks, and I'd face retirement with nary a twinge about at least a minimal comfort level. Not quite willing to bet on my income and options ...
by digit8
Mon Sep 12, 2016 5:39 pm
Forum: Investing - Theory, News & General
Topic: Two Different Worlds
Replies: 12
Views: 2127

Re: Two Different Worlds

I don't know that's it's useful but it is interesting to play with the dates a bit. Set it to make like you started investing at the worst of the dot-com bust and watch your money grow!
by digit8
Sun Sep 11, 2016 9:26 am
Forum: Investing - Help with Personal Investments
Topic: leaving vanguard due to math errors / poor customer service?
Replies: 107
Views: 15923

Re: leaving vanguard due to math errors / poor customer service?

Every Brokerage makes some mistakes, and everyone Should double check balances. +1, and that goes for any kind of financial account. A pattern of bad experiences is reasonable cause to jump ship, but nobody should assume that everything is hunky dory with the new guys. I've been in financial servic...
by digit8
Sat Aug 27, 2016 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Do you count your emergency fund?
Replies: 45
Views: 4192

Re: Do you count your emergency fund?

I wouldn't suggest a person consider anything they might need to dip into for small emergencies as part of their AA simply because those kinds of things tend to happen more often then we realize. It can be disheartening to see your overall financial plan take a hit on paper every time your car engin...
by digit8
Sat Aug 27, 2016 10:01 pm
Forum: Investing - Theory, News & General
Topic: The Core Four
Replies: 320
Views: 190996

Re: The Core Four

Bumping this topic to see if we can get some current comments on using- Vanguard Target fund and add REIT to the mix to simplify the portfolio selection for the Core 4 or is individual ETF/fund selection still the way to go? Thanks, Not optimal but potentially workable if that's the way it has to b...
by digit8
Sun Aug 07, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: et tu, Vanguard? Stock/Bond zig-zag myth
Replies: 58
Views: 6896

Re: et tu, Vanguard? Stock/Bond zig-zag myth

You all use too big of words for me. I know I'm missing something. But Being 90% stocks for more then 40 years, I'm a lot richer then using bonds. This year I'm up 9%. Over 7 years close to 1m. I'm a simple man that thinks bonds are not needed. I just stay in SP500, total stock market, and a few ot...
by digit8
Sun Jul 17, 2016 2:21 pm
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 9656

Re: "How saving too much can make your retirement less satisfying"

Simply being conscious of my spending, particularly non-tangible value received for value given, is the only way I've really found to try and watch out for this particular risk. I don't always lay it out quite so starkly- "Is this money that might keep me from begging on the streets at 65?" is a pre...
by digit8
Sun Jul 10, 2016 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Putting Your Emergency Fund In I Bonds?
Replies: 28
Views: 6510

Re: Putting Your Emergency Fund In I Bonds?

Some people just plain hate to put money into such boring things and say that in an emergency they can "always" use their home equity lines of credit, or their credit cards. I think this is foolish both of them can, and during 2006-2009 often were , terminated by banks on short notice. During the c...
by digit8
Sun Jun 05, 2016 9:48 am
Forum: Investing - Theory, News & General
Topic: Be thankful you are not a pension fund, WSJ
Replies: 47
Views: 7913

Re: Be thankful you are not a pension fund, WSJ

But I bet a lot of your coworkers are not prepared to manage their own "pension fund" or 401k. I think the entire Boglehead community is an outlier relative to the general population in this respect. +1. IMHO, anyone arguing for a single answer on retirement is doing what a teacher of mine called c...
by digit8
Tue May 31, 2016 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Roll call Warren Buffet 90/10 portfolio
Replies: 89
Views: 16941

Re: Role call Warren Buffet 90/10 portfolio

What short-term bond fund(s) do you use? I had been using Vanguard's Short-Term Bond index, but I've mostly transitioned over to using Series I Savings Bonds, I expect to primarily use those along with high-yield bank bank/money market account. I'd argue that going ibonds makes the 90/10 option mor...
by digit8
Tue May 17, 2016 3:10 pm
Forum: Investing - Theory, News & General
Topic: The inventor of the 401(k) says he created a ‘monster’
Replies: 28
Views: 6041

Re: The inventor of the 401(k) says he created a ‘monster’

A bit misleading for the sake of a snappy title, throwing back to a 5 year old quote while the current interview reflects that he "hasn't lost faith", but okay. As to the 401(k)...-shrugs-. It addresses a part of a problem that has no single, total fix at this point. Not everyone can count on a pens...
by digit8
Tue May 03, 2016 5:27 am
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 69
Views: 13391

Re: I Bond rates for May 1 announced

Is anyone continuing to buy at these rates? My credit union has a change machine that direct deposits to my savings, I empty that every month into Ibonds regardless of the rate. Just like having a portion of my emergency fund that's 1)as safe as reasonably possible and 2) needs no extra work from m...
by digit8
Sun Apr 17, 2016 9:36 pm
Forum: Investing - Theory, News & General
Topic: Do Lazy Portfolio's work with Active Funds?
Replies: 4
Views: 706

Re: Do Lazy Portfolio's work with Active Funds?

To paraphrase Napoleon, you need to work with the options you have, not the options you want. Investing in the lowest-cost, closest equivalent asset class to the one you want is not optimal, but it is a fact of life for many investors in your situation. Definitely though, that would be a strong argu...
by digit8
Sun Apr 03, 2016 7:03 pm
Forum: Investing - Theory, News & General
Topic: Who needs Money Market accounts any more?
Replies: 55
Views: 7883

Re: Who needs Money Market accounts any more?

As large as Vanguard is, I have to believe that multi-day delays in ACH debits and credits are something Vanguard chooses to do (or not do). +1. I work in a financial institution that went from multi day to next-day ACH capabilities, and is now looking into same-day. It's just a question of cost an...
by digit8
Sun Apr 03, 2016 9:36 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 66
Views: 14447

Re: Jack Bogle - Two Fund Portfolio

It isn't remotely practicable for us due to our different workplace retirement plans, but in retirement I'd love to keep our investments to TSM and TBM. Backed with reasonable amount of savings, maybe a CD ladder, I can't imagine I'd need anything else. My kids, I'd recommend a healthy dose of inter...