Search found 1993 matches

by radiowave
Thu Jan 17, 2019 9:59 pm
Forum: Investing - Theory, News & General
Topic: When would you stop being a Boglehead?
Replies: 83
Views: 6007

Re: When would you stop being a Boglehead?

If I had the good fortune of a windfall of $10m, 50m, 250m+, I would likely set up a trust in Vanguard, 50% VTSAX, 50% treasury bills/notes and possibly a few CDs. Continue to live a modest lifestyle and any leftover cash after interest and dividends, devote to charity. Probably the only thing I wou...
by radiowave
Thu Jan 17, 2019 9:29 pm
Forum: Investing - Theory, News & General
Topic: Best Bond Fund for Tax-Sheltered Space; still 20 years from retirement
Replies: 3
Views: 266

Re: Best Bond Fund for Tax-Sheltered Space; still 20 years from retirement

If this is for tax-deferred, e.g. 401k, tIRA, etc., Vanguard Total Bond is still the largest and most diversified fund on the planet. With a 20 year horizon, short-term bonds in tax-deferred space don't make much sense to me and suggest TB, however others may differ. If the question was posed for a ...
by radiowave
Wed Jan 16, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 187
Views: 19393

Re: Fidelity as a one stop shop

Getting back to the original OP's question and give some actionable/useful feedback, a few years ago I was very interested in a one stop shop = brokerage + bank + bill pay/cash management + rewards credit card. After a few years my overall philosophy and approach has changed to one where I view brok...
by radiowave
Mon Jan 14, 2019 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio Mix
Replies: 3
Views: 542

Re: Retirement Portfolio Mix

John welcome to the forum. I agree with David except for #4, personally (IMHO) some cash instruments on the taxable side, e.g. CDs or Treasury Bills make sense for the short term say 2-3 years of expenses. You'll get a diverse set of opinions on that question, but basically it comes down to what hel...
by radiowave
Mon Jan 14, 2019 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 187
Views: 19393

Re: Fidelity as a one stop shop

I never thought about opening a second cash management account to use as a savings account. The MM funds definitely pay more than what BofA is paying right now. Has anyone used a CMA as a business checking account? I'm losing track of my posts so apologies if i'm repeating myself from above. One st...
by radiowave
Sun Jan 13, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Money Market Account - tell me about your experience
Replies: 15
Views: 1323

Re: Ally Money Market Account - tell me about your experience

OP, very positive experience with Ally to date (abt 3 years). One alternative is to keep your short term cash in a savings account (2.0%) and then just keep enough to fund checking account. You get 6 transfers from savings to checking (or outside ACH transfer) a month. No limit to funds coming into ...
by radiowave
Sun Jan 13, 2019 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing software
Replies: 37
Views: 1889

Re: Tax filing software

+1 do you want to go low ball on tax preparation?

Been using TurboTax for several years, it downloads both our W2s and downloads taxable brokerage account tax statements. Plus I push a button and uploads federal return directly and for an additional $ uploads state return as well.
by radiowave
Sun Jan 13, 2019 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2142

Re: What's your experience upgrading to Quicken 2018 or 2019?

I have Quicken 2017. At what point will I have to make a decision about converting to the subscription versions?
by radiowave
Sat Jan 12, 2019 10:50 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe’s Your Complete Guide To A Successful And Secure Retirement Coming Soon
Replies: 17
Views: 2927

Re: Larry Swedroe’s Your Complete Guide To A Successful And Secure Retirement Coming Soon

Thanks Larry, looking forward to the read. Great having a book focused on those of us just a few years out for retirement and then the transition.
by radiowave
Thu Jan 10, 2019 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: 35...am I on the right track? Feeling overwhelmed with options
Replies: 12
Views: 2033

Re: 35...am I on the right track? Feeling overwhelmed with options

viii welcome! I'm going to give 2 thumbs up on Duckies reply. All excellent recommendations. I would recommend keeping BoA but using it just for depositing your income check, and taking coins down there to get deposited. You need to watch BoA as they nickel and dime you with fees. If you have at lea...
by radiowave
Thu Jan 10, 2019 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 66
Views: 5287

Re: Fidelity, Schwab, or Vanguard

Assume a traditional Bogle approach to investing. 50-50, 2-fund, US total stocks and bonds, DIY rebalancing, mix of taxable, IRA and Roth, straightforward asset location, low cost investing required. Where do you put your money and why? If you are also doing roll over IRAs, I found the local Fideli...
by radiowave
Thu Jan 10, 2019 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: [Split into taxable / non-tax advantage accounts]
Replies: 6
Views: 323

Re: [Split into taxable / non-tax advantage accounts]

CxInvest welcome to the forum. If I read you post correctly, you are asking whether to open just an IRA (I'm assuming a traditional IRA) vs. added a second taxable brokerage account. So I'll answer from that perspective. You have the option to make a personal $5,500 annual contribution to either a t...
by radiowave
Wed Jan 09, 2019 7:51 pm
Forum: Personal Consumer Issues
Topic: Weekend in “west” ... recommendations
Replies: 17
Views: 1207

Re: Weekend in “west” ... recommendations

Two 60 year-olds, five 30 somethings, and a two-year-old are going to get together for a long weekend in May in either Montana, Idaho, Utah, or New Mexico. We will all be fine experiencing almost any sort of interesting environment .... urban, adventuresome, etc. Ease of travel by air from San Fran...
by radiowave
Wed Jan 09, 2019 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Large cash position .. any point in bonds?
Replies: 10
Views: 1640

Re: Large cash position .. any point in bonds?

Bonds are not liquid, I take it? I want that cash to be available so that I could use it within say 1 week if need be. I consider CDs even in my taxable account as part of my bond allocation. FDIC insured and even with early withdrawal penalty, pretty liquid, e.g. at Ally bank you can liquidate a C...
by radiowave
Wed Jan 09, 2019 6:57 pm
Forum: Investing - Theory, News & General
Topic: Fell in Love with Fidelity
Replies: 60
Views: 6184

Re: Fell in Love with Fidelity

It turns out you are right, there’s no way for an individual to set his or her own limits. The first rep I talked to was wrong; many apologies from Fidelity. I’m glad I followed up on this, so thanks. I went deep into this, having been connected to Elan Financial Services, whom Fidelity outsources ...
by radiowave
Tue Jan 08, 2019 10:31 pm
Forum: Investing - Theory, News & General
Topic: Fell in Love with Fidelity
Replies: 60
Views: 6184

Re: Fell in Love with Fidelity

Fidelity has been great for me. So much that I'm moving my IRA's to Fidelity (moving Roth, rolling SEP into SE 401(k), moving wife's Roth/trad IRA for non-deductible contributions). Plan on opening an IRA for non-deductible contributions and Roth conversion mid-year. I've heard some so so things ab...
by radiowave
Tue Jan 08, 2019 5:43 pm
Forum: Investing - Theory, News & General
Topic: Fell in Love with Fidelity
Replies: 60
Views: 6184

Re: Fell in Love with Fidelity

Fidelity has been great for me. So much that I'm moving my IRA's to Fidelity (moving Roth, rolling SEP into SE 401(k), moving wife's Roth/trad IRA for non-deductible contributions). Plan on opening an IRA for non-deductible contributions and Roth conversion mid-year. I've heard some so so things ab...
by radiowave
Mon Jan 07, 2019 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Newly retired, new to you, seeking a plan we can trust
Replies: 8
Views: 1541

Re: Newly retired, new to you, seeking a plan we can trust

learningcurve welcome to the forum! And thanks for a well crafted first post. You obviously have been reading the Wiki and the basic philosophy and approach here on the forum. Let me make a few basic comments and follow up later in the thread. It seems you have a number of different accounts. We sta...
by radiowave
Mon Jan 07, 2019 9:22 pm
Forum: Personal Consumer Issues
Topic: washer dryer rec
Replies: 22
Views: 1496

Re: washer dryer rec

We bought a pair of Samsungs last year. The dryer is already squeaking loudly like it's going to need a service call sometime soon. Wish we bought the Speed Queens.
by radiowave
Mon Jan 07, 2019 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Efficient Funds for Taxable Account
Replies: 16
Views: 1760

Re: Tax-Efficient Funds for Taxable Account

Thanks for all the replies thus far. It might be worth clarifying that the money invested will not be retirement (i.e. part of my overall portfolio/asset allocation). Instead, I was hoping to invested in the aforementioned LifeStrategy fund as an alternative to using CD's, since the level of risk o...
by radiowave
Sun Jan 06, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: What do you think are (some of) the best states to live in?
Replies: 81
Views: 6245

Re: What do you think are (some of) the best states to live in?

Colorado, although housing in the Denver metro area may put that part of the state out of contention due to high costs. Colorado Springs should check all of the OP's boxes. Weather is a subjective criteria, it was -1F last week here in Denver but today was mid 50's and dry. We do get "feet" of snow ...
by radiowave
Sun Jan 06, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: What do you think are (some of) the best states to live in?
Replies: 81
Views: 6245

Re: What do you think are (some of) the best states to live in?

Colorado, although housing in the Denver metro area may put that part of the state out of contention due to high costs. Colorado Springs should check all of the OP's boxes. Weather is a subjective criteria, it was -1F last week here in Denver but today was mid 50's and dry. We do get "feet" of snow ...
by radiowave
Sun Jan 06, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 798
Views: 81564

Re: Fidelity ZERO funds?

and there is very little history for this fund.
by radiowave
Sun Jan 06, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to fund early retirement - where's the cutoff?
Replies: 14
Views: 1551

Re: Downsizing to fund early retirement - where's the cutoff?

Another factor considering moving to a different home after/just before retiring is "ageing in place". For example, an easy to maintain house, no stairs, one floor living space, etc. Personally we are considering building a new home in a few years to optimize these and several other factors (e.g. be...
by radiowave
Sun Jan 06, 2019 1:10 pm
Forum: Investing - Theory, News & General
Topic: How do you view a savings surplus in retirement?
Replies: 117
Views: 5951

Re: How do you view a savings surplus in retirement?

Very intrigued by the answers. They are falling along the lines I was expecting for BH. It does seem like in general BH don't either believe it is a surplus or don't believe in acknowledging it in that manner. This does lead me to question how you ever figure out if you have enough or what your num...
by radiowave
Sat Jan 05, 2019 10:57 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 220
Views: 14274

Re: What is your allocation to U.S. and International?

International allocation is 5% of equity, 2.5% of total portfolio in an approximately a 50/50 AA.

Candidate for retirement class of 2023
by radiowave
Sat Jan 05, 2019 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Tbills for the tbill challenged
Replies: 13
Views: 1245

Re: Tbills for the tbill challenged

1) how do I find the rates? I saw these change based on auction price, but not sure if there's a way to approximate Not sure about other places, but Fidelity will show you the estimated rate for the auction once it is announced. 2) are the prices buying through broker similar? Are they still state ...
by radiowave
Sat Jan 05, 2019 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor at 62.
Replies: 17
Views: 832

Re: New Investor at 62.

op welcome, you may want to consider putting your Chase cash in an online high yield savings account like Ally, AMEX, Capital One Discover, just to name 4 (Ally is highly regarding by many forum members). You can get a 2% interest rate on savings and 1 year CDs are in the 2.75% yield range. I agree...
by radiowave
Sat Jan 05, 2019 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor at 62.
Replies: 17
Views: 832

Re: New Investor at 62.

op welcome, you may want to consider putting your Chase cash in an online high yield savings account like Ally, AMEX, Capital One Discover, just to name 4 (Ally is highly regarding by many forum members). You can get a 2% interest rate on savings and 1 year CDs are in the 2.75% yield range.
by radiowave
Sat Jan 05, 2019 12:48 pm
Forum: Personal Consumer Issues
Topic: 11 days in Europe...Budget and logistical advice please
Replies: 73
Views: 3809

Re: 11 days in Europe...Budget and logistical advice please

Agree with Watty on a JAW flight if you haven't bought your Paris tickets yet. I would recommend Paris then Rome (easy flight between them).
by radiowave
Sat Jan 05, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: Please comment on FUMBX (Fidelity short-term treasury index)
Replies: 8
Views: 737

Re: Please comment on FUMBX (Fidelity short-term treasury index)

It's easy to purchase Treasuries at Fidelity and they also have an autoroll feature, which means at maturity the individual Treasury will be rolled over to an equivalent bill/note without intervention.
by radiowave
Fri Jan 04, 2019 10:18 pm
Forum: Personal Consumer Issues
Topic: Need Recommendation for Paint Color
Replies: 27
Views: 1272

Re: Need Recommendation for Paint Color

I was able to match colors with our electrical outlets and wall plates (almond). The room came out really well with a light almond color (matched at SW) and the outlets/switch just blend right in and you hardly notice them.
by radiowave
Fri Jan 04, 2019 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Is the 3 fund asset allocation my best option?
Replies: 42
Views: 2046

Re: Is the 3 fund asset allocation my best option?

OP, I agree with Taylor, keep things simple. For you 401x fund, a low cost target date fund that matches your risk tolerance is a great place to start.
by radiowave
Fri Jan 04, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 714
Views: 92103

Re: How much money do you want to retire?

I'm happy with our current lifestyle. Our expenses are between 120k and 130k. That includes two kids in the house. When they move out (both middle school age right now), I envision the same level of expenses which should give us a small lifestyle bump. I think 4.5 million will pay for that over a 4...
by radiowave
Fri Jan 04, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: Paying (paper) cash for daily transactions
Replies: 83
Views: 3758

Re: Paying (paper) cash for daily transactions

I use cash for my work daily lunch money. Mostly credit card on just about everything else, do not use a debit card for purchases but do have a dedicated ATM only card from my B&M bank. As a side not to the discussion, I've noticed many if not most cash registers no long have bills all facing up and...
by radiowave
Fri Jan 04, 2019 5:50 pm
Forum: Personal Consumer Issues
Topic: Paying (paper) cash for daily transactions
Replies: 83
Views: 3758

Re: Paying (paper) cash for daily transactions

OP, not sure how valuable my data point may be but Bank of America gives you a choice of which denominations you want for your cash. The few other ATM machines in the Denver area, I have not noticed any $50 dispensing without an actual choice.
by radiowave
Fri Jan 04, 2019 5:45 pm
Forum: Investing - Theory, News & General
Topic: How to compare CD to Bond fund
Replies: 14
Views: 1063

Re: How to compare CD to Bond fund

OP, if you don't have this already, here is a good site to check CD and savings rates: https://www.bankrate.com/banking/


Ally bank https://www.ally.com/ is currently offering a 1 year CD at 2.75%.
by radiowave
Fri Jan 04, 2019 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Consolidate to Fidelity?
Replies: 50
Views: 2899

Re: Consolidate to Fidelity?

OP, if you are looking for bank like features, why not consider one of the online high yield backs like Ally, Capital One or Discover (to name just 3 of many). The ability to manage cash flow using high yield savings and CDs is much better than Fidelity CMA account (IMHO) and FDIC insured. I had a r...
by radiowave
Fri Jan 04, 2019 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investment/retirement plan review - 5 years out
Replies: 7
Views: 1162

Re: Investment/retirement plan review - 5 years out

Since you will both be retiring before you reach 65, what is you plan to cover health insurance until Medicare eligible? Great question. My wife's employer offers a retiree medical plan option which can cover both of us. Not sure what the cost will be but it's an option, along with an open market p...
by radiowave
Thu Jan 03, 2019 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX or FZROX
Replies: 21
Views: 1353

Re: FSTVX or FZROX

At 1.5 basis points of expense, I would use FSKAX (the successor to FSTVX). Probably doesn’t matter, though, in a tax-advantaged account (where you don’t care about tax efficiency of the fund). +1 FSKAX (previously FSTVX) has a long track record and at 0.015% ER that's pretty competitive compared t...
by radiowave
Thu Jan 03, 2019 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Investment/retirement plan review - 5 years out
Replies: 7
Views: 1162

Re: Investment/retirement plan review - 5 years out

Since you will both be retiring before you reach 65, what is you plan to cover health insurance until Medicare eligible?
by radiowave
Thu Jan 03, 2019 9:40 pm
Forum: Personal Consumer Issues
Topic: best cheap printer
Replies: 45
Views: 2318

Re: best cheap printer

I bought my wife a Samsung Xpress M2885FW for Christmas. Price at MicroCenter was about $200. B&W laser with copy and scan (FAX if anyone still uses that), pretty happy with is so far, works on WiFi better than the Brothers MFC it replaces and I can print from my iPhone (ok that's a bit geeky). If y...
by radiowave
Thu Jan 03, 2019 9:34 pm
Forum: Personal Consumer Issues
Topic: What Sudden Needs of Cash Do You Prepare For?
Replies: 64
Views: 3596

Re: What Sudden Needs of Cash Do You Prepare For?

We had to replace both a refrigerator and dish washer this past year (2018) unexpectedly, a little over $2k total. In 2017 we had to replace the washer and dryer, again unexpectedly and that was about $1.5K. So hopefully we are through with replacing appliances for a while.
by radiowave
Thu Jan 03, 2019 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Saving for house vs saving in taxable acct
Replies: 5
Views: 431

Re: Saving for house vs saving in taxable acct

I also recommend an FDIC insured high yield savings account or CD. That guarantees the money will be there when you need it.
by radiowave
Thu Jan 03, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with $4k / month
Replies: 8
Views: 1257

Re: What to do with $4k / month

I'll recommend pay off the vehicle, put remainder of cash in high yield savings account and short term CDs for house down payment (save a little to have some fun, a nice vacation, etc.). I am assuming you are maxing out your 401k, if not, consider doing that first.
by radiowave
Thu Jan 03, 2019 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Where should I Invest
Replies: 2
Views: 322

Re: Where should I Invest

In addition to David's suggestions, treasury bills in a taxable account would be worth considering especially if you live in a state with income tax (these bonds are state tax exempt). If you have a tax-deferred account like an IRA, the Vanguard Total Bond VBTLX is an excellent choice, though it is ...
by radiowave
Thu Jan 03, 2019 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Thank You, Introduction, and ???'s
Replies: 9
Views: 850

Re: Thank You, Introduction, and ???'s

+1 on Ally bank. It has competitive rates and also excellent CDs (1 year currently at 2.75%) and easy to manage online interface. Many on the forum use this or one of the similar online banks (AMEX, CapitalOne, Discover to name just 3) use is as the primary and only bank. There is positive benefits ...
by radiowave
Wed Jan 02, 2019 7:44 pm
Forum: Investing - Theory, News & General
Topic: Investment Advice for my Age Group (mid-30s)
Replies: 5
Views: 403

Re: Investment Advice for my Age Group (mid-30s)

A common rule of thumb is bonds % by age, so a 70/30 or 65/35 AA would be about right. One of the first principles of the forum is invest as early and as often as you can . . . you are on the right track. Also, consider keeping things simple with a 3 fund portfolio and costs as low as possible to av...
by radiowave
Wed Jan 02, 2019 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio advice
Replies: 2
Views: 275

Re: Retirement Portfolio advice

Agree with Bloom2709 keep things simple, low cost and diversified. In addition to treasuries, consider short term CDs in online bank like Ally (2.75% for 1 year = FDIC insured) for your taxable portion of the portfolio.