Search found 3197 matches

by CyberBob
Tue May 26, 2020 3:58 pm
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 45
Views: 2341

Re: Any retirees get through Covid crisis without large cash reserve?

Rather than a dedicated cash allocation, I simply have all of the dividends from my taxable account go to my bank checking account. It’s like my paycheck never stopped :D
by CyberBob
Sat May 09, 2020 12:15 am
Forum: Personal Consumer Issues
Topic: Recommendations for relatively cheap cell phones
Replies: 34
Views: 1582

Re: Recommendations for relatively cheap cell phones

It seems like a lot of people are recommending the Moto G series. I am currently sporting a Galaxy S6 that I have had since it first came out 5 years ago. The phone is very laggy and has to be charged 2 to 3 times a day. I was originally going to go with the Pixel 3a but it seems the Moto G phones ...
by CyberBob
Fri May 08, 2020 11:13 am
Forum: Personal Investments
Topic: Addition Only Rebalancing
Replies: 10
Views: 733

Re: Addition Only Rebalancing

by CyberBob
Thu Apr 30, 2020 1:41 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 219
Views: 45245

Re: Bill Sharpe's preferred portfolio

31 March 2020 FTSE numbers (in millions of USD): 24,645,470 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown 19,522,099 - ex U.S. stocks - FTSE Global All-Cap index minus U.S. 23,296,690 - U.S. bonds - FTSE US Broad Investment-Grade index 19,344,680 - ex U.S. bonds - FTSE World Broad Invest...
by CyberBob
Sun Apr 19, 2020 5:20 pm
Forum: Investing - Theory, News & General
Topic: SS and Pension
Replies: 40
Views: 2815

Re: SS and Pension

Mr. Bogle has spoken about the value of Social Security and pensions as the value of life annuities. Basically meaning that it's more reasonable that way than just picking some discount rate and calling it good. The value of Social Security and pensions shrinks as you get older, since you will, pres...
by CyberBob
Mon Apr 13, 2020 1:08 pm
Forum: Personal Consumer Issues
Topic: Switching from Android to iPhone
Replies: 11
Views: 986

Re: Switching from Android to iPhone

There is a Move to IOS app that will transfer stuff for you. Alternatively, they will do it for you at an Apple Store (when they reopen from corona virus closure). You can also attend 'how-to' classes at the Apple Store to get you started (also temporarily paused due to the corona virus closure).
by CyberBob
Mon Apr 13, 2020 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Foreign tax paid, Form 1116: is there a cliff?
Replies: 8
Views: 563

Re: Foreign tax paid, Form 1116: is there a cliff?

The $300/$600 limits are sort of freebies from complexity, but the actual foreign tax credit is defined as: Your foreign tax credit cannot be more than your total U.S. tax liability (Form 1040, line 12a) multiplied by a fraction. The numerator of the fraction is your taxable income from sources outs...
by CyberBob
Mon Mar 30, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 219
Views: 45245

Re: Bill Sharpe's preferred portfolio

Two interesting links: William Sharpe blog, where he talks about the World Bond-Stock portfolio and the corresponding Vanguard funds used to build it. https://retirementincomeanalysis.blogspot.com/?m=1 FTSE Russell calculator for Sharpe's Adaptive Asset Allocation. https://research.ftserussell.com/A...
by CyberBob
Fri Mar 27, 2020 2:08 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 219
Views: 45245

Re: Bill Sharpe's preferred portfolio

29 February 2020 FTSE numbers (in millions of USD): 28,695,054 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown 22,955,022 - ex U.S. stocks - FTSE Global All-Cap index minus U.S. 23,470,130 - U.S. bonds - FTSE US Broad Investment-Grade index 20,046,610 - ex U.S. bonds - FTSE World Broad Inv...
by CyberBob
Wed Mar 25, 2020 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Splitting Question-Which Account to Use?
Replies: 7
Views: 390

Re: Gift Splitting Question-Which Account to Use?

Does anyone else want to weigh in on this? The original question in the thread referenced just above has been removed. If it helps, here's the archive of that original post : I've literally read/heard about the gift tax exclusion hundreds of times over the last 20 or 30 years, and the article never...
by CyberBob
Mon Mar 23, 2020 11:05 pm
Forum: Personal Investments
Topic: Modifying Swensen 70/30 → 85/15
Replies: 5
Views: 565

Re: Modifying Swensen 70/30 → 85/15

Since you mentioned Swensen: Fully hedged foreign bonds mimic U.S. bonds (with the disadvantage of added complexity and costs stemming from the hedging process). Unhedged foreign bonds supply investors with U.S. dollar bond exposure, plus (perhaps unwanted) foreign exchange exposure. Foreign-currenc...
by CyberBob
Fri Mar 20, 2020 3:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Digital Advisor appears to be live
Replies: 9
Views: 1462

Vanguard Digital Advisor appears to be live

At least for accumulators. The retired investor portion still appears to be coming in the future.

https://investor.vanguard.com/financial ... Adv:Advice
by CyberBob
Sat Mar 14, 2020 11:35 am
Forum: Personal Consumer Issues
Topic: Apparatus for laundry in a small NYC apartment ?
Replies: 18
Views: 962

Re: Apparatus for laundry in a small NYC apartment ?

If you are looking to go non-machine...As someone who traveled nearly non-stop for 20 years, often to places in the world where washers and dryers didn't exist, I can recommend three things: Scrubba Wash Bags for smaller loads (I always traveled with one of these) Washing plunger and a bathtub for l...
by CyberBob
Thu Mar 12, 2020 3:58 pm
Forum: Personal Investments
Topic: VG Total World Stock No Foreign Tax?
Replies: 8
Views: 523

Re: VG Total World Stock No Foreign Tax?

Thesaints wrote:
Thu Mar 12, 2020 3:38 pm
jtdavid wrote:
Thu Mar 12, 2020 3:17 pm
Due to the outperformance of US, Less than 50% of the funds assets are foreign. So the fund is not eligible for the foreign tax credit this year.
But I'm pretty sure last year too it was >50% US
The annual report numbers show:
2019 - 54.7% U.S.
2018 - 55.1% U.S.
by CyberBob
Mon Mar 02, 2020 4:44 pm
Forum: Investing - Theory, News & General
Topic: 50 Years of Investing in the World
Replies: 45
Views: 4803

Re: 50 Years of Investing in the World

Starfox wrote:
Mon Mar 02, 2020 4:31 pm
Not sure why MSCI says such a higher number for USA.
That MSCI index is ‘world’, which, despite the name, is developed only. Try FTSE global all-cap numbers.
by CyberBob
Thu Feb 27, 2020 11:41 am
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 219
Views: 45245

Re: Bill Sharpe's preferred portfolio

31 January 2020 FTSE numbers (in millions of USD): 31,312,957 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown 24,996,509 - ex U.S. stocks - FTSE Global All-Cap index minus U.S. 23,147,130 - U.S. bonds - FTSE US Broad Investment-Grade index 19,961,800 - ex U.S. bonds - FTSE World Broad Inve...
by CyberBob
Fri Feb 21, 2020 1:57 pm
Forum: Investing - Theory, News & General
Topic: How do you objectively set Stock vs Bond Allocation
Replies: 81
Views: 5956

Re: How do you objectively set Stock vs Bond Allocation

How about a down-and-dirty Benjamin Graham-esque analysis of the current relative valuations between stocks and bonds? Current Total Bond yield: 2.10% Current Total Stock earnings yield (inverse of P/E): 4.55% 2.10 + 4.55 = 6.65 2.10 / 6.65 = 32% bonds 4.55 / 6.65 = 68% stocks Recalculate once a yea...
by CyberBob
Wed Feb 19, 2020 4:23 pm
Forum: Investing - Theory, News & General
Topic: Minimization of maximum regret: Supportive of balanced AAs for some long-term investors?
Replies: 160
Views: 10489

Re: Minimization of maximum regret: Supportive of balanced AAs for some long-term investors?

Harry Markowitz won the Nobel Prize for exploring the mathematical tradeoff between risk and return. A few years ago the Wall Street Journal asked him how, given his work, he structured his own portfolio. He replied: I visualized my grief if the stock market went way up and I wasn’t in it – or if i...
by CyberBob
Sun Feb 16, 2020 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: US Treasury Mutual Fund State Tax Question
Replies: 9
Views: 856

Re: US Treasury Mutual Fund State Tax Question

http://fidelity.com/fundtaxinfo
Look under ‘Tax-Exempt Income Information’
by CyberBob
Mon Feb 10, 2020 11:48 am
Forum: Investing - Theory, News & General
Topic: I have a wild [asset allocation] theory. Poke some holes in it.
Replies: 39
Views: 6554

Re: I have a wild theory. Poke some holes in it.

You may enjoy Rick Ferri's Flight Path Approach to Age-Based Asset Allocation, which also suggests more conservative allocations early in ones investing career and in later years.
by CyberBob
Fri Jan 24, 2020 3:20 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Does Recommend The 90/10 Portfolio
Replies: 109
Views: 17396

Re: Warren Buffett Does Recommend The 90/10 Portfolio

He is planning on leaving her $100,000,000.00 you can allocate whatever you want when you’re in your 70’s or 80’s with a hundred million. Probably not the best advice for the average person. The absolute amount of money isn’t relative since he talks about a 3 or 4% withdrawal rate. From an intervie...
by CyberBob
Fri Jan 24, 2020 11:04 am
Forum: Investing - Theory, News & General
Topic: TIPS as part of fixed income allocation
Replies: 37
Views: 2395

Re: TIPS as part of fixed income allocation

To what extent do you think one should include TIPS as part of your portfolio given the fact that Vanguard includes TIPS in some of their all-in-one retirement funds? Here is the paper on Vanguard’s approach to target-date funds that shows their stance on TIPS. https://www.vanguard.com/pdf/s167.pdf
by CyberBob
Sat Jan 18, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: Age-Invariant Asset Allocation
Replies: 13
Views: 647

Re: Age-Invariant Asset Allocation

My personal view is that a constant asset allocation somewhere between 80% stocks and 20% bonds and an even split of 50/50 is optimal for almost everyone, most of the time. That quote reminded me of Jack Bogle's Basic Asset Allocation Model from his first book 'Bogle on Mutual Funds'. https://www.b...
by CyberBob
Fri Jan 17, 2020 10:56 pm
Forum: Investing - Theory, News & General
Topic: BlackRock's New Position on Climate Change
Replies: 18
Views: 1311

Re: BlackRock's New Position on Climate Change

I never noticed the funds before, but it looks like you can do an ESG indexed 3-fund portfolio at Fidelity too.

Fidelity US Sustainability Index Fund ( FITLX )
Fidelity International Sustainability Index Fund ( FNIDX )
Fidelity Sustainability Bond Index Fund ( FNDSX )
by CyberBob
Mon Jan 13, 2020 2:24 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 219
Views: 45245

Re: Bill Sharpe's preferred portfolio

CyberBob, in another thread, forum member danielc wrote that the global ratio is closer to 33/67 stocks/bonds than to 57/43...Who's right? Going by the actual index-provider data that Sharpe mentions, 31 December 2019 numbers show it as: Stocks: $57,105,259,000,000 ( FTSE Global All-Cap Stock Index...
by CyberBob
Sat Jan 11, 2020 2:30 pm
Forum: Personal Investments
Topic: New Here Fidelity or Vanguard
Replies: 115
Views: 7153

Re: New Here Fidelity or Vanguard

Cheez-It Guy wrote:
Sat Jan 11, 2020 12:30 pm
LOL at how companies try to make people feel important. "VIP Access!" Wow, I AM somebody!
VIP stands for Symantec's Validation and ID Protection, which is a two-factor digital code generator.
by CyberBob
Thu Jan 09, 2020 8:58 pm
Forum: Investing - Theory, News & General
Topic: Why does BNDX yield more than BND
Replies: 18
Views: 2428

Re: Why does BNDX yield more than BND

According to Morningstar, the hedging has added 3 percentage points a year to the return of BNDX since its inception.
by CyberBob
Wed Jan 08, 2020 3:57 pm
Forum: Personal Investments
Topic: 2 fund plan with Fidelity?
Replies: 13
Views: 1221

Re: 2 fund plan with Fidelity?

albireo13 wrote:
Wed Jan 08, 2020 3:38 pm
Vanguard has VTSAX, VTIAX, and VBTLX.
Any suggestions with Fidelity?
The Fidelity fund equivalents are FSKAX (or FZROX), FTIHX (or FZILX), and FXNAX

You can find Fidelity’s index fund list here: https://www.fidelity.com/mutual-funds/f ... s/overview
by CyberBob
Tue Jan 07, 2020 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Nuts to remove Vanguard on-line access?
Replies: 24
Views: 3127

Re: Nuts to remove Vanguard on-line access?

Do they actually have investing by mail available?
They removed the deposit slips from confirmations a while ago, and searching for forms on the website seems to indicate most everything is online only. Automated phone access was killed years ago too. Although I guess you could still call a person.
by CyberBob
Thu Jan 02, 2020 10:14 am
Forum: Investing - Theory, News & General
Topic: Does Fidelity have a line graph that shows your portfolio over time?
Replies: 6
Views: 659

Re: Does Fidelity have a line graph that shows your portfolio over time?

Yes, buy mine only has time duration options of "1 month, 1 year, 2 years or YTD". That's pretty lame, I'd like to see it over the entire length of time I've had the account. That sounds like the display for the Summary Tab. Check under the Performance Tab where it will show YTD, 1, 3, 5, 10-year, ...
by CyberBob
Tue Dec 31, 2019 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Drops Agreement Not to Compete With TurboTax
Replies: 82
Views: 9871

IRS Drops Agreement Not to Compete With TurboTax

IRS Reforms Free File Program, Drops Agreement Not to Compete With TurboTax. The changes come after ProPublica’s reporting showed how TurboTax maker Intuit tricked customers into paying for tax prep they could have gotten for free. https://www.propublica.org/article/irs-reforms-free-file-program-dro...
by CyberBob
Tue Dec 31, 2019 10:02 am
Forum: Personal Consumer Issues
Topic: Apple iMac 2013? Replace with Fusion? Or all SSD? Security? Questions
Replies: 38
Views: 2806

Re: Apple iMac 2013? Replace with Fusion? Or all SSD? Security? Questions

That computer has served its life.. Go new (IMHO) I agree, and was actually in your exact situation last month. I also had a 2013 iMac - base model - that was now slow to boot-up and all too often was showing me the dreaded rainbow pinwheel. I decided to replace it. And instead of going with the ba...
by CyberBob
Sat Dec 28, 2019 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Mini-Milestone
Replies: 20
Views: 1885

Re: Mini-Milestone

Congratulations!
That puts you in the top 4.4% richest people in the world.
http://www.globalrichlist.com/wealth
by CyberBob
Fri Dec 27, 2019 1:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard’s China Gambit.
Replies: 14
Views: 2019

Re: Vanguard’s China Gambit.

HawkeyePierce wrote:
Fri Dec 27, 2019 1:40 pm
If you aren’t a Chinese investor why would you expect an invite?
They're launching a robo-advisor in the U.S. too, called Vanguard Digital Advisor.
https://obliviousinvestor.com/vanguard-digital-advisor/
by CyberBob
Sun Dec 22, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 219
Views: 45245

Re: Bill Sharpe's preferred portfolio

At this point, I can see why Vanguard has not yet taken Sharpe up on his offer, as they already offer something very close to what his paper advocates, within the limits of what is practical and liquid. Yeah, they already have Total World Bond (BNDW) as an ETF-of-ETF''s. All they would have to do i...
by CyberBob
Thu Dec 19, 2019 1:04 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 219
Views: 45245

Re: Bill Sharpe's preferred portfolio

This is actually one of the most theoretically sound portfolios you could construct, in a discipline that is still ruled largely by ad hoc heuristics and outright superstitions... Along that line of thought, I was recently reading the book The Intelligent Portfolio by Christopher L. Jones, CIO of W...
by CyberBob
Wed Dec 18, 2019 7:03 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 219
Views: 45245

Re: Bill Sharpe's preferred portfolio

30 November 2019 FTSE numbers (in millions of USD): 30,668,188 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown 24,591,817 - ex U.S. stocks - FTSE Global All-Cap index minus U.S. 22,522,290 - U.S. bonds - FTSE US Broad Investment-Grade index 19,350,730 - ex U.S. bonds - FTSE World Broad Inv...
by CyberBob
Fri Nov 29, 2019 7:08 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity
Replies: 62
Views: 5660

Re: Vanguard vs. Fidelity

I recently opened up a Fidelity CMA account. But I do my investments in a VG brokerage account. I would like to be able to regularly e-transfer money from the Fidelity CMA to the VG brokerage settlement fund for mutual fund purchases, but I can’t figure out how to “link” the accounts to make this e...
by CyberBob
Fri Nov 29, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: Net Nanny: suggestions
Replies: 9
Views: 1036

Re: Net Nanny: suggestions

If you want cross-platform, then do it at your router with something like Family Shield at Open DNS

https://www.opendns.com/home-internet-security/
by CyberBob
Thu Nov 14, 2019 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity ([Elan]) card eBill
Replies: 30
Views: 2504

Re: Fidelity (Elon) card eBill

From the Credit Card Snapshot page > Under the Credit Card Management section (right hand side) > Setup Autopay
by CyberBob
Mon Nov 11, 2019 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Bond fund letters change to Q
Replies: 2
Views: 372

Re: Bond fund letters change to Q

Not sure about a fund - which normally all end with an X, but for stocks, a fifth-letter Q or a Q after a dot means bankruptcy.