Search found 192 matches

by happysteward
Tue Jul 28, 2020 1:26 pm
Forum: Personal Consumer Issues
Topic: Selling Silverware (all silver)
Replies: 14
Views: 1219

Selling Silverware (all silver)

I have a lot of silverware from the "last" generation, we have never used it and the "next" generation wants no part of it...so I was considering selling and disbursing the $$ instead...any experience in selling silver? any tips? thanks in advance
by happysteward
Mon Jul 27, 2020 7:52 pm
Forum: Personal Investments
Topic: HSA - Portfolio Selection
Replies: 14
Views: 934

Re: HSA - Portfolio Selection

I have the Optum HSA as well, I settled on the Schwab target date funds with an allocation appropriate for my time line, saw it as the best way to get high quality bonds and diverse stocks at a low expense ratio, other ways of doing it with the Optum HSA choices were not readily evident.
by happysteward
Sat Jul 25, 2020 1:26 pm
Forum: Personal Investments
Topic: Allocation 401(k) regular vs Roth 401(k) if one is expecting high income in retirement
Replies: 12
Views: 545

Re: Allocation 401(k) regular vs Roth 401(k) if one is expecting high income in retirement

Somewhat similar situation, few years from retirement, my wife and I decided years ago to allocate a portion of our 401(k) to Roth, about 25%, honestly we just could not give up the tax breaks of the non Roth but both saw an advantage to having at least some Roth money for flexibility in retirement....
by happysteward
Sat Jul 25, 2020 11:33 am
Forum: Personal Investments
Topic: Why is this SPIA a bad idea?
Replies: 68
Views: 4799

Re: Why is this SPIA a bad idea?

I did a SPIA for my dad to close the gap between his income (SS and small pension) and his expenses. Even told him how long he had to live to make the SPIA a good move financially, he’s almost there :-)
by happysteward
Mon Jul 20, 2020 6:36 am
Forum: Personal Investments
Topic: bond diversification
Replies: 15
Views: 1335

Re: bond diversification

~3-5 years from retirement, basically 60-40 Equity-Bond. Over the past few years I have been "tweeking" the bond portion of my tax advantaged portfolio. Today you can see where I stand below. My thinking? I wanted exposure to ST TIPs as a hedge against inflation which I think I will see probably ea...
by happysteward
Sun Jul 19, 2020 3:52 pm
Forum: Investing - Theory, News & General
Topic: 0.00% Yield on the Vanguard Short-Term Treasury Fund
Replies: 196
Views: 13514

Re: 0.00% Yield on the Vanguard Short-Term Treasury Fund

[quote=happysteward post_id=5380279 time=<a href="tel:1595164754">1595164754</a> user_id=99818] Mr BB Here is a picture to back up your question, I asked a similar one up the thread, I think we need to look at total return for the bond fund which is yield plus NAV return. Oversimplified but helps m...
by happysteward
Sun Jul 19, 2020 8:19 am
Forum: Investing - Theory, News & General
Topic: 0.00% Yield on the Vanguard Short-Term Treasury Fund
Replies: 196
Views: 13514

Re: 0.00% Yield on the Vanguard Short-Term Treasury Fund

Mr BB Here is a picture to back up your question, I asked a similar one up the thread, I think we need to look at total return for the bond fund which is yield plus NAV return. Oversimplified but helps me to understand why I hold bonds even with a negative return. https://i.postimg.cc/BvTb6kmd/C1533...
by happysteward
Sun Jul 19, 2020 7:39 am
Forum: Investing - Theory, News & General
Topic: 0.00% Yield on the Vanguard Short-Term Treasury Fund
Replies: 196
Views: 13514

Re: 0.00% Yield on the Vanguard Short-Term Treasury Fund

Here is the ytd performance of the fund, how do we process this, the SEC yield is 0% but the return so far this year is upwards of 3-4%. So if I am holding these bonds to reduce volatility in my portfolio (I.e. ballast) they are still appropriate and even adding to the total return of my portfolio. ...
by happysteward
Wed Jul 15, 2020 7:08 am
Forum: Personal Finance (Not Investing)
Topic: How do you manage your taxes?
Replies: 65
Views: 4484

Re: How do you manage your taxes?

Every year I do a first look in early July or so using my own spreadsheet to forecast. At that point I adjust as needed, check one more time in the fall and again adjust as needed. My goal is to owe money, but not too much, maybe 1-2k. Then in March of the following year we do our taxes using TurboT...
by happysteward
Wed Jul 15, 2020 6:54 am
Forum: Investing - Theory, News & General
Topic: What is your Morningstar Style Box?
Replies: 12
Views: 565

Re: What is your Morningstar Style Box?

Image

Try to duplicate the whole stock market (VTSAX). Bond portfolio basically the same goal (VBTLX) but with a tilt toward quality and some TIPS
by happysteward
Sun Jul 12, 2020 5:25 pm
Forum: Investing - Theory, News & General
Topic: Does it make financial sense to transfer from American Funds to Vanguard
Replies: 12
Views: 819

Re: Does it make financial sense to transfer from American Funds to Vanguard

Agree with stinky, let us know how the process goes, especially curious about the 529...
by happysteward
Wed Jul 08, 2020 9:53 am
Forum: Investing - Theory, News & General
Topic: TIPS: As Percentage of Bond or Overall Portfolio
Replies: 24
Views: 6596

Re: TIPS: As Percentage of Bond or Overall Portfolio

~3-5 years from retirement, basically 60-40 Equity-Bond. Over the past few years I have been "tweeking" the bond portion of my tax advantaged portfolio. Today you can see where I stand below. My thinking? I wanted exposure to ST TIPs as a hedge against inflation which I think I will see probably ea...
by happysteward
Tue Jul 07, 2020 6:38 am
Forum: Personal Investments
Topic: Supplementing Total Bond as I Approach Retirement
Replies: 9
Views: 1262

Re: Supplementing Total Bond as I Approach Retirement

Given the Short Term outlook for inflation is close to 0 (many are much more concerned about deflation for the next few years!), why Short Term Tips? I must be missing something.... It is a bit of a paradox for me, because by definition TIPS are supposed to protect against UNEXPECTED inflation, the...
by happysteward
Sat Jul 04, 2020 12:11 pm
Forum: Personal Investments
Topic: Supplementing Total Bond as I Approach Retirement
Replies: 9
Views: 1262

Re: Supplementing Total Bond as I Approach Retirement

Hi Sycamore, good call, see below it does come from the portfolio holdings in VBTLX, that's the only foreign exposure to bonds I have...and to be honest I don't watch it too much, as you can see from below , as you said, the VBTLX holding changed from 5% to 3.2% and I did not even notice...thanks ag...
by happysteward
Sat Jul 04, 2020 10:07 am
Forum: Personal Investments
Topic: Supplementing Total Bond as I Approach Retirement
Replies: 9
Views: 1262

Re: Supplementing Total Bond as I Approach Retirement

OP, Given the Short Term outlook for inflation is close to 0 (many are much more concerned about deflation for the next few years!), why Short Term Tips? I must be missing something.... Hi woodspinner, thanks for the question, I don’t know the future but, I am under the impression that the short te...
by happysteward
Sat Jul 04, 2020 6:30 am
Forum: Personal Investments
Topic: Supplementing Total Bond as I Approach Retirement
Replies: 9
Views: 1262

Supplementing Total Bond as I Approach Retirement

~3-5 years from retirement, basically 60-40 Equity-Bond. Over the past few years I have been "tweeking" the bond portion of my tax advantaged portfolio. Today you can see where I stand below. My thinking? I wanted exposure to ST TIPs as a hedge against inflation which I think I will see probably ear...
by happysteward
Fri Jul 03, 2020 4:48 am
Forum: Personal Investments
Topic: Approximating VTSAX with Available Funds in my 403(b)
Replies: 13
Views: 774

Re: Approximating VTSAX with Available Funds in my 403(b)

I would like to approximate VTSAX with the available index funds in my 403(b) account. The funds are the following: Fidelity® Large Cap Growth Index Fund - FSPGX Fidelity® Large Cap Value Index Fund - FLCOX Fidelity® Small Cap Index Fund - FSSNX Using Morningstar's portfolio x-ray tool, I came up w...
by happysteward
Thu Jul 02, 2020 8:14 pm
Forum: Personal Investments
Topic: Approximating VTSAX with Available Funds in my 403(b)
Replies: 13
Views: 774

Re: Approximating VTSAX with Available Funds in my 403(b)

Image

Here is the equity style contained in VTSAX, growth and value are more balanced than your selections, also you will need more like 20% of the smalls/small,mediums
by happysteward
Thu Jun 25, 2020 9:09 pm
Forum: Investing - Theory, News & General
Topic: Is there a bankruptcy index?
Replies: 8
Views: 948

Re: Is there a bankruptcy index?

Wow, quite an eye opener when seen together...
by happysteward
Tue Jun 23, 2020 7:46 pm
Forum: Personal Investments
Topic: 401k Plan: How to Reduce Plan Fees?
Replies: 24
Views: 1025

Re: 401k Plan: How to Reduce Plan Fees?

I think your 25 basis points for record keeping and admin is pretty good especially if you have choices with low expense ratios. We have choices with low expense ratios and record keeping and admin fees on top of those at 40 basis points.
by happysteward
Sun Jun 21, 2020 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Learning how to do your own taxes?
Replies: 48
Views: 2664

Re: Learning how to do your own taxes?

I’m pretty good with excel so I have my own spreadsheet, it is wonderful...basically my process is to run the numbers before the end of the calendar/tax year, make any adjustments needed and then file with turbo tax in March or April, if the numbers aren’t close I research and make adjustments as ne...
by happysteward
Sat Jun 20, 2020 4:44 pm
Forum: Investing - Theory, News & General
Topic: 2 questions about Vanguard’s Tax-Exempt Bond Index
Replies: 17
Views: 1343

Re: 2 questions about Vanguard’s Tax-Exempt Bond Index

Concerning the longer maturities here is what I see...little different than what you stated...average is almost identical at 5.5 years

Image
by happysteward
Sat Jun 20, 2020 4:28 pm
Forum: Investing - Theory, News & General
Topic: 2 questions about Vanguard’s Tax-Exempt Bond Index
Replies: 17
Views: 1343

Re: 2 questions about Vanguard’s Tax-Exempt Bond Index

Concerning question number 2, looks to be some quality differences you should be aware of...

Image
by happysteward
Thu Jun 04, 2020 10:23 am
Forum: Personal Investments
Topic: Thrift Savings Plan (TSP) - Son leaving the military
Replies: 28
Views: 1469

Thrift Savings Plan (TSP) - Son leaving the military

I have always encouraged my kids to roll over 401(k)s into their IRA when leaving a job. My son is now leaving the military In a few months and I am wondering if this is good advice for his TSP plan...he’s got roughly 8 years in the service and is 29 years old...love to have some pluses and minuses ...
by happysteward
Sun May 31, 2020 5:25 am
Forum: Personal Investments
Topic: How do you keep track your investments?
Replies: 50
Views: 3601

Re: How do you keep track your investments?

rossington wrote:
Sun May 31, 2020 1:38 am
Microsoft Excel "Investment Tracker" template. Updates in real time and is very flexible to use.
I checked it out, seems to be subscription only...
by happysteward
Fri May 22, 2020 5:53 pm
Forum: Personal Investments
Topic: Does Capital one send emails when their interest rate decreases?
Replies: 29
Views: 1560

Re: Does Capital one send emails when their interest rate decreases?

Looks like 360 money market just dropped again, down to 1.1%
by happysteward
Sun May 03, 2020 3:05 pm
Forum: Investing - Theory, News & General
Topic: Share your Re-Balancing Strategy
Replies: 25
Views: 1747

Re: Share your Re-Balancing Strategy

my IPS defines my allocation targets in the context of stocks and bonds and other (speaking here of tax deferred space)... every three months I look and judge my need to rebalance based on the "5/25" criteria. If the target percentage for any of my holdings (stocks/bonds/other) is below 20% of total...
by happysteward
Sun Apr 26, 2020 7:03 pm
Forum: Personal Investments
Topic: When to rebalance and/or change account composition?
Replies: 4
Views: 360

Re: When to rebalance and/or change account composition?

@nate7out...that’s what I did, worked great

OP...consider the strategy nate7out speaks of...bonds are not as volatile...
by happysteward
Sun Feb 16, 2020 7:46 am
Forum: Personal Investments
Topic: Best Site/Software for Portfolio Management?
Replies: 32
Views: 2658

Re: Best Site/Software for Portfolio Management?

You can set up a portfolio in Morningstar for free with a vast variety of data you can customize for your portfolio. That data easily exports xls format so you can build an excel sheet, or sheets, to import the export, so to speak, to track or manipulate that data in any manner you choose. .. basic...
by happysteward
Tue Jan 21, 2020 9:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new game - has anyone played it?
Replies: 21
Views: 4658

Re: Vanguard's new game - has anyone played it?

I kept the old car and lost points, bummer
by happysteward
Sun Jan 19, 2020 7:46 am
Forum: Personal Investments
Topic: [Chase told me they can beat index funds]
Replies: 48
Views: 3968

Re: [Chase told me they can beat index funds]

Search SPIVA** here in the forum or google, take a look at the data closely...especially the long term data....you will see there is less than a 10% chance (I’m being generous) he can do what he says...

**Standard and Poors Indices Vs. Active
by happysteward
Fri Dec 27, 2019 8:13 am
Forum: Investing - Theory, News & General
Topic: Is total world bond safer than US treasuries?
Replies: 140
Views: 7998

Re: Is total world bond safer than US treasuries?

Interesting discussion, seems like a bond product people would be interested in would be "Total World AAA/Aaa" , are there such products? Still have to deal with currency risk (unless hedged) but it would offer "world" diversification at low credit risk. But wouldn't spreading your risk in more than...
by happysteward
Wed Dec 25, 2019 3:24 pm
Forum: Investing - Theory, News & General
Topic: Question about SECURE and no more stretch IRAs
Replies: 50
Views: 3829

Re: Question about SECURE and no more stretch IRAs

There are no required minimum distributions within those 10 years
Is this true?
by happysteward
Tue Dec 24, 2019 6:04 pm
Forum: Personal Investments
Topic: VTIAX and emerging markets
Replies: 28
Views: 1924

Re: VTIAX and emerging markets

Vanguard says VTIAX is 22% emerging, M* says 14%....can anyone clarify...maybe just normal deviation?

Image

From Vanguard VTIAX Prospectus

Image
by happysteward
Thu Nov 28, 2019 7:46 am
Forum: Personal Consumer Issues
Topic: Sleep Apps?
Replies: 7
Views: 935

Re: Sleep Apps?

delamer wrote:
Wed Nov 27, 2019 5:33 pm
I use the free version of the White Noise app.
+1
by happysteward
Sun Nov 24, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Which 529 plan
Replies: 9
Views: 660

Re: Which 529 plan

I found this helpful...I just chose the Nevada 529 College Savings Plan..I live in a “tax parity state”....nice low cost passive options (Vanguard)...I chose the “moderate” flight path...nice and smooth...

https://www.morningstar.com/articles/94 ... oose-a-529
by happysteward
Fri Nov 22, 2019 8:35 pm
Forum: Investing - Theory, News & General
Topic: Index Funds in Jack Ryan show
Replies: 9
Views: 2308

Re: Index Funds in Jack Ryan show

Saw it, heard it, loved it!
by happysteward
Fri Nov 22, 2019 8:05 pm
Forum: Personal Investments
Topic: Nevada's Vanguard 529 Savings Plan Downgrade by M*
Replies: 2
Views: 751

Nevada's Vanguard 529 Savings Plan Downgrade by M*

Kind of a bummer, just opened one for my grandchild, but the downgrade from Gold seems to have been done for rather tame reasons... "Meanwhile, Nevada’s The Vanguard 529 College Savings Plan failed to make the cut for a Gold rating for the first time since 2012, when Morningstar first debuted its me...
by happysteward
Sun Sep 15, 2019 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Creating an amortization mortgage loan schedule in excel
Replies: 10
Views: 1085

Re: Creating an amortization mortgage loan schedule in excel

here is mine...check a few permutations against the calculators but it is pretty simple and I think it is what you were looking for...
by happysteward
Sun Sep 15, 2019 6:59 am
Forum: Investing - Theory, News & General
Topic: I hesitate to post this (the sky is falling again on BND) but...
Replies: 28
Views: 4521

Re: I hesitate to post this (the sky is falling again on BND) but...

Read the article, thanks...BBB bonds are ~17% of the total of BND...this was worded a bit strange in the article...”50% of the "investment grade" debt is among BBB bonds”...

Remember reading a lot of these articles 5 years ago...I’m staying put in VBTLX (Admiral shares of BND)
by happysteward
Sun Sep 01, 2019 12:19 pm
Forum: Investing - Theory, News & General
Topic: Child tax credit (CTC)
Replies: 4
Views: 463

Re: Child tax credit (CTC)

Oh maybe I see....looked at the link again...

“You may treat a child who was born ... as having lived with you for more than half of 2018 if your main home was the child’s main home ... for more than half of the time ...in 2018.”
by happysteward
Sun Sep 01, 2019 12:13 pm
Forum: Investing - Theory, News & General
Topic: Child tax credit (CTC)
Replies: 4
Views: 463

Re: Child tax credit (CTC)

This link says...”Generally, a child must live with you in the United States for more than half of the tax year to be a qualifying child.”...which suggests to me that my grandchild will not qualify...am I missing something on the link?
by happysteward
Sun Sep 01, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: Child tax credit (CTC)
Replies: 4
Views: 463

Child tax credit (CTC)

Hi friends, Just had my first grandchild and was wondering about the new tax laws, I remember back when that if your child was born before midnight on December 31 you got an exemption for the year...but now those personal exemptions are gone, however...seems like there is now a credit (CTC) availabl...
by happysteward
Tue Jul 30, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Storing documents--- trust, will, etc.
Replies: 22
Views: 2250

Re: Storing documents--- trust, will, etc.

Originals with law firm, paper copies at home and digital copies (for anytime anywhere access) in my password protected cloud account
by happysteward
Sun Jul 07, 2019 2:44 pm
Forum: Personal Investments
Topic: IRA Deductability
Replies: 3
Views: 377

Re: IRA Deductability

Thanks very much!!!!, extremely helpful
by happysteward
Sun Jul 07, 2019 12:42 pm
Forum: Personal Investments
Topic: IRA Deductability
Replies: 3
Views: 377

IRA Deductability

Hi Friends, My son and daughter in law file "married filing jointly". My son participates in his 401(k) at work but my daughter in law does not have a retirement plan at work so obviously cannot participate. She would like to do a tIRA and asked me if it would be deductible... If I go to the IRS ins...
by happysteward
Tue Jun 25, 2019 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance when loaning car
Replies: 10
Views: 1085

Insurance when loaning car

Hi friends, My son and daughter in law live in New York city and have no car, they are planning to drive to Vermont for a vacation but rental car prices are nuts, we are discussing loaning our car to them for the week, they are about 30 years old, they have valid licenses and I trust them. Our car h...
by happysteward
Thu Jun 13, 2019 3:10 pm
Forum: Personal Investments
Topic: Social Security Retirement Age
Replies: 20
Views: 3717

Social Security Retirement Age

My official SS statement says this

At full retirement age (66 and 10 months) $3,000 month
At age 70 $3,785 month
At early retirement age (62) $2,108 month

For planning purposes can I interpolate between these ages if say I retire at 63, or 67 ? Is that how it works?