Search found 3235 matches

by hudson
Mon Sep 07, 2020 3:52 pm
Forum: Personal Investments
Topic: Muni Bonds and Risk (VWIUX)
Replies: 29
Views: 2670

Re: Muni Bonds and Risk (VWIUX)

I actually just sold all my VWIUX last week, I was up about 6-7% and since I'm in the 22% tax bracket I really had no good reason to hold muni's. My employer bond offerings were just ok that's why I justified holding VWIUX, great fund for high earners. You can still come out ahead with VWIUX in the...
by hudson
Mon Sep 07, 2020 3:34 pm
Forum: Personal Investments
Topic: Muni Bonds and Risk (VWIUX)
Replies: 29
Views: 2670

Re: Muni Bonds and Risk (VWIUX)

I have invested heavily in Vanguard's Intermediate Tax-Exempt Fund, VWIUX, it's my primary bond fund (most of my bonds are in a taxable account). Thoughts about additional risks associated with this fund, in light of the coronavirus and massive strain this will put on federal and state coffers? I a...
by hudson
Sat Sep 05, 2020 8:15 am
Forum: Personal Consumer Issues
Topic: Buying guns not an option, what else
Replies: 56
Views: 5233

Re: Buying guns not an option, what else

Thinking about having some form of safety help at home in case of emergency. Not going to buy guns, looking for any other options.... Have been looking at mace, but looks like they are not reliable and have a shelf life. Any suggestions recommendations will be appreciated. annu, It probably doesn't...
by hudson
Thu Sep 03, 2020 11:56 am
Forum: Personal Investments
Topic: Brokered CDs from Vanguard.
Replies: 42
Views: 4020

Re: Brokered CDs from Vanguard.

Okay, thanks for replies. Here is three examples of my brokered cd portofolio 100,000 at 2.80% Bought 2/14/18 Maturity 2/14/25 Discover bank now at $110,000 70,000 at 2.75% Bought 6/26/19 Maturity 6/26/29 Discover Bank now at $82,200 100,000 at 2.95% bought 5/22/19 maturity 5/22/29 Goldman Sachs at...
by hudson
Wed Sep 02, 2020 4:03 pm
Forum: Personal Investments
Topic: Worried about preserving my wealth
Replies: 33
Views: 5192

Re: Worried about preserving my wealth

An amount invested in gold would have been wise, but its too high right now. speer, I don't like gold because it doesn't pay interest. There's also the problem of how to hold it, then how to cash it in. All of that gives me heartburn. I might get a bag of say 100 silver dimes and bury it in the bac...
by hudson
Wed Sep 02, 2020 6:58 am
Forum: Personal Investments
Topic: Worried about preserving my wealth
Replies: 33
Views: 5192

Re: Worried about preserving my wealth

So do you invest primarily in savings, CDs, Treasuries, quality bond funds? Even looking at TIPS, their yields are negative right now Speer, Yes, that's the answer to wealth preservation. I'm 0% stocks and have been since 2008. That passes the sleep test for me. MYGA's and annuities give me heartbu...
by hudson
Mon Aug 31, 2020 8:22 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2327

Re: SEC 30 day yield vs Distribution yield

Thanks again KevinM!
Anything that works is good technique!
by hudson
Mon Aug 31, 2020 7:19 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2327

Re: SEC 30 day yield vs Distribution yield

I think it's incumbent on anyone who doesn't believe that bond premiums being pulled toward par at maturity will eventually result in decreased NAV, unless yields continue to fall, to show us the bond math that can make that happen. Again, a bond fund is just a collection of bonds, so the bond math...
by hudson
Mon Aug 31, 2020 6:36 pm
Forum: Investing - Theory, News & General
Topic: “Cash is king” sentiment
Replies: 37
Views: 4260

Re: “Cash is king” sentiment

I told a gentleman at work that I had two antique items that I wanted to sell, but I hadn't priced them yet. I wasn't sure where to get the items priced, so a year or more passed. Periodically, he asked me if I'd set a price. I hadn't. One day, he walked in and held up ten 100 dollar bills. I said, ...
by hudson
Mon Aug 31, 2020 4:00 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2327

Re: SEC 30 day yield vs Distribution yield

Most of the above is pretty accurate stuff! Great discussion! I still think that a knowledgeable investor who knows what he's getting into can be served well at the present time by VWITX/VWIUX. Here's some history for VWIUX. On Oct. 15, 2018 Share price $13.87 Nov. 1, 2018 Dividend: .03329 On March ...
by hudson
Mon Aug 31, 2020 6:15 am
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2327

Re: SEC 30 day yield vs Distribution yield

I have an Ally CD maturing on 9/5. zaplunken It looks like SEC yield and distribution yield have been explored pretty well. I don't think anyone has brought up the part where part of VWITX/VWIUX's payout is from the principal. :) That usually comes up in this discussion. The simple answer to that i...
by hudson
Sun Aug 30, 2020 7:01 pm
Forum: Personal Consumer Issues
Topic: replacement car key and fob
Replies: 23
Views: 1573

Re: replacement car key and fob

Consider getting a quote from a locksmith.
by hudson
Sun Aug 30, 2020 6:54 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2327

Re: SEC 30 day yield vs Distribution yield

Zaplunken, I think that VWITX is a good choice for taxable. It's not as safe as an FDIC CD or savings account. I've owned it (VWIUX) for years. I think that it's OK. William Bernstein said that it's OK to hold munis as long as you have some treasuries and CDs to back them up. I watch VWIUX closely; ...
by hudson
Sun Aug 30, 2020 3:06 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2327

Re: SEC 30 day yield vs Distribution yield

Zaplunken, I use distribution yield with VWIUX...because that's what you are actually paid. I watch it every month. If it goes down far enough, I may or may not move on. Look at Vanguard's formula to figure distribution yield. One of the largest factors is the price. Also look at the amount paid per...
by hudson
Sat Aug 29, 2020 8:02 am
Forum: Investing - Theory, News & General
Topic: How long could you live off your portfolio if the worst happened?
Replies: 110
Views: 10742

Re: How long could you live off your portfolio if the worst happened?

In the OP's worst case, I would have to look at the numbers and reduce spending appropriately. As a retiree, I might consider doing something to generate income. I would sell off the extra stuff that I can live without. I would find a way to make it portfolio or no portfolio. The solution would prob...
by hudson
Sat Aug 29, 2020 6:49 am
Forum: Personal Consumer Issues
Topic: Thoughts on Tennessee
Replies: 116
Views: 13697

Re: Thoughts on Tennessee

Florida is an obvious option, but I dread the thought of being there from June to September because of the heat and humidity. Hence, I started to look further north, particularly higher-elevation towns in the southeast for the more pleasant summer temperatures. Northeast GA looked intriguing as the...
by hudson
Fri Aug 28, 2020 2:28 pm
Forum: Personal Consumer Issues
Topic: Brother printer 'trips' my battery backups
Replies: 47
Views: 2621

Re: Brother printer 'trips' my battery backups

You never plug laser printers into a UPS. And the OP isn't, as he clearly stated in his first post AND was conveniently reinforced just two posts above yours. Thanks lazydavid! I screwed up....back to the drawing board. I never had a laser printer trip a UPS that was on the same circuit. It's troub...
by hudson
Fri Aug 28, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Brother printer 'trips' my battery backups
Replies: 47
Views: 2621

Re: Brother printer 'trips' my battery backups

You never plug laser printers into a UPS.
by hudson
Wed Aug 26, 2020 7:41 pm
Forum: Personal Investments
Topic: Tips vs bond fund
Replies: 15
Views: 1171

Re: Tips vs bond fund

I just read the thread about tips vs gold. It seems to me that it is a no brainer that I should replace my total is bond fund (bnd) with a tips bond find. Especially since it is virtually guaranteed that we will experience crippling inflation in the short to mid term future. So what is the downside...
by hudson
Wed Aug 26, 2020 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Advising retired couple on buying second home
Replies: 33
Views: 2832

Re: Advising retired couple on buying second home

Having "1.2 million left" in investments after spending $400K on a house (I believe that number was mentioned somewhere above), plus owning two houses with $1.4M equity and easily living within their means and saving via their $90K/yr. retirement income is hardly a cause for "heartburn". They are w...
by hudson
Tue Aug 25, 2020 8:09 pm
Forum: Personal Investments
Topic: Vanguard Funds that offer a monthly payment?
Replies: 27
Views: 3367

Re: Vanguard Funds that offer a monthly payment?

Years ago, I had a friend that wanted to just turn over his holdings to someone who would just send him a check every month. He didn't want to mess with anything. You can lose a lot of money if you go that route. There is actually a good way to do this: buy a single-premium immediate annuity. This ...
by hudson
Tue Aug 25, 2020 11:31 am
Forum: Personal Investments
Topic: Vanguard Funds that offer a monthly payment?
Replies: 27
Views: 3367

Re: Vanguard Funds that offer a monthly payment?

Hey all, I am looking into setting up some form of portfolio for a family member that wants to have monthly payments that they can use for some supplemental income to make up for them leaving a part-time job they held before. They have a nice nest egg, but I don't want them to fall for an annuity p...
by hudson
Tue Aug 25, 2020 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Advising retired couple on buying second home
Replies: 33
Views: 2832

Re: Advising retired couple on buying second home

A newly retired couple is looking to buy a second home to be closer to children/grandchildren. The couple has lived in CA for 40 years (30 years in the same house) while their children live on the east coast. What kind of place would you buy and how would you finance it? What other things need to b...
by hudson
Mon Aug 24, 2020 7:17 pm
Forum: Investing - Theory, News & General
Topic: A Plea for Ordinary English
Replies: 128
Views: 10114

Which yield

Many writers use the term "yield" in isolation and don't define which yield they are talking about.
I can usually figure it out, but I wouldn't have to think as hard if they just named the yield.
by hudson
Mon Aug 24, 2020 7:15 pm
Forum: Investing - Theory, News & General
Topic: A Plea for Ordinary English
Replies: 128
Views: 10114

Re: A Plea for Ordinary English

My impression is that the biggest obstacle for an inexperienced or less knowledgeable investor reading in this forum is the huge amount of secondary, perhaps technical, often personal preference, often speculative, and sometimes just plain wrong detail from which that investor has to winnow somethi...
by hudson
Mon Aug 24, 2020 3:09 pm
Forum: Personal Consumer Issues
Topic: Easiest Way to Fax From Computer?
Replies: 19
Views: 1453

Re: Easiest Way to Fax From Computer?

I use faxzero directly from my computer. Just a few pages are free. Lots of pages cost around $2.

https://faxzero.com/
by hudson
Mon Aug 24, 2020 10:39 am
Forum: Personal Investments
Topic: CDs coming due. Where to reinvest proceeds?
Replies: 62
Views: 6166

Re: CDs coming due. Where to reinvest proceeds?

Moneybags1 wrote: Mon Aug 24, 2020 10:16 am
hudson wrote: Mon Aug 24, 2020 5:47 am Rates reduced 8/24/2020. New rate tiers are .95/1.00/1.15
For the record, the quote above is from someone else. I don't know how I got quoted.
by hudson
Mon Aug 24, 2020 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Microsoft Money
Replies: 12
Views: 1859

Re: Microsoft Money

You can download the sunset version of Money from Microsoft: https://www.microsoft.com/en-us/download/details.aspx?id=20738 It works just fine on the latest version of Windows 10. I believe that they will keep it alive for a while longer. If not, I've bookmarked this discussion. My plan B would also...
by hudson
Mon Aug 24, 2020 5:47 am
Forum: Personal Investments
Topic: CDs coming due. Where to reinvest proceeds?
Replies: 62
Views: 6166

Re: CDs coming due. Where to reinvest proceeds?

I wouldn't buy an MYGA because I don't think that they are that safe. Maybe as safe as an investment grade corporate bond...maybe not. Assuming you aren't in California, where the insurance guarantee is only for 80% of the value, and you stay within the insurance limits for your state ($250,000 in ...
by hudson
Sun Aug 23, 2020 5:27 pm
Forum: Personal Consumer Issues
Topic: Early September Hiking/Camping Vacation. Risk smoky conditions of CO or heat and humidity of Appalachian Mountains?
Replies: 44
Views: 3274

Re: Early September Hiking/Camping Vacation. Risk smoky conditions of CO or heat and humidity of Appalachian Mountains?

Enganerd,

What kind of hikes do you want to do?
Will you be camping in campgrounds like the ones you find in national forests/parks? What are you thinking?
Will your child be hiking or will you be carrying him/her?
by hudson
Sun Aug 23, 2020 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Are emergency funds for suckers?
Replies: 202
Views: 15867

Re: Are emergency funds for suckers?

My emergency fund for years was credit cards or a home equity loan. I started saving so I began to use Vanguard holdings as an emergency fund...but funds took 2 days to get to my credit union checking account. I think this was the optimal way to take care of emergencies. I came up short two times la...
by hudson
Sun Aug 23, 2020 8:51 am
Forum: Personal Investments
Topic: CD being called.. bummer!
Replies: 25
Views: 2801

Re: CD being called.. bummer!

dbr wrote: Sun Aug 23, 2020 8:40 am If you need more return you have to take more risk.
I vote for best available CD...even if the rates aren't that hot.
by hudson
Sun Aug 23, 2020 8:01 am
Forum: Personal Investments
Topic: CDs coming due. Where to reinvest proceeds?
Replies: 62
Views: 6166

Re: CDs coming due. Where to reinvest proceeds?

Have you looked into worthybond.com ? It pays me about 5% a year and I can withdraw any time. TravelforFun Here's a Boglehead discussion on worthy bonds. https://www.bogleheads.org/forum/viewtopic.php?t=268828 Where would you rate it as far as safety? safe as CDs? safe as a total bond fund? investm...
by hudson
Sat Aug 22, 2020 11:20 am
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

mrc, I'm sure also that you already ruled out borrowing a windows laptop or whatever it takes to run Powerchute to change the settings. I don't know if that would fix the problem...but it might be the next step before buying a different UPS. It sounds like you might be ok with things like they are?...
by hudson
Fri Aug 21, 2020 9:01 pm
Forum: Personal Investments
Topic: CDs coming due. Where to reinvest proceeds?
Replies: 62
Views: 6166

Re: CDs coming due. Where to reinvest proceeds?

I'm curious if age plays a factor here (and apologies if OP mentioned age or situation and I missed it). I had not previously heard of MYGA's, and after some cursory research it sounds like they may be more appropriate for those closer to retirement. In boglehead fashion, I have everything automate...
by hudson
Fri Aug 21, 2020 5:30 pm
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

mrc,
I'm sure also that you already ruled out borrowing a windows laptop or whatever it takes to run Powerchute to change the settings.
I don't know if that would fix the problem...but it might be the next step before buying a different UPS. It sounds like you might be ok with things like they are?
by hudson
Fri Aug 21, 2020 5:09 pm
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

I owned a ~3500w inverter generator that wasn't large enough to run essentials during prolonged power outages. I replaced it with an 8000w Genrac and found out after the fact that my APC UPS won't run on the Genrac power. Something I wish I had considered before the switch. Wow, that's surprising. ...
by hudson
Fri Aug 21, 2020 1:42 pm
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

Bottom Line: Standard UPSs are probably fine for home use. I just looked into this and there is a wide variability between cost and function, and no "standard UPS". TrippLite differentiates between "Standby UPS Systems" and "Line-Interactive UPS Systems", yet yours isn't either. It's a "Smart UPS B...
by hudson
Fri Aug 21, 2020 10:50 am
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

Somebody correct me if I'm wrong, but I think the home UPSs deliver steady and clean power to plugged in devices. The plugged in devices are spared from drops in power, spikes, and surges. The UPS delivers the good stuff. You can read the details for a UPS that I use: https://www.amazon.com/gp/prod...
by hudson
Fri Aug 21, 2020 9:35 am
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

I have a questions about UPS's. When commercial power is available, is the connected device powered from the UPS's battery (which is being constantly charged), or is the AC just passing through the UPS and powering the device? There is another current thread debating the benefits of whole house gen...
by hudson
Fri Aug 21, 2020 9:01 am
Forum: Personal Investments
Topic: CDs coming due. Where to reinvest proceeds?
Replies: 62
Views: 6166

Re: CDs coming due. Where to reinvest proceeds?

I have a number of CDs maturing in the next few months. These served as bond alternatives, emergency fund and capital preservation. I do not depend upon their income for living expenses. Renewal rates are pathetically low (typically: 0.60% for 12 months) and are trending further down. What alternat...
by hudson
Thu Aug 20, 2020 7:31 pm
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

Years ago, where I worked, there was a demand for a mobile computer cart. I asked an electrical engineer/computer specialist over the phone how to do that. He immediately said, "deep cycle marine battery." I'd be concerned about venting requirements for indoor use. Proceed with caution. My thinking...
by hudson
Thu Aug 20, 2020 7:22 pm
Forum: Personal Consumer Issues
Topic: new car purchase: any reason NOT to do 0% financing
Replies: 90
Views: 7219

Re: new car purchase: any reason NOT to do 0% financing

Some of this arguing about financing actually illustrates that even financially smart folks don't understand the car business and how to buy a car for a fair price. When requesting the dealer's lowest price making them compete for your business, a smart buyer's position is "give me your best OTD pr...
by hudson
Thu Aug 20, 2020 9:58 am
Forum: Personal Consumer Issues
Topic: new car purchase: any reason NOT to do 0% financing
Replies: 90
Views: 7219

Re: new car purchase: any reason NOT to do 0% financing

As others mentioned, the conventional wisdom nowadays is to negotiate the price pretending you're open to financing regardless of how you actually intend to pay, drive it as low as possible, then admit you're paying cash (if so) only when in the finance office JackoC, I agree with what you said abo...
by hudson
Wed Aug 19, 2020 7:06 pm
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

Miriam2, You leave your house with your computer on. It is hooked up to the UPS. The one that you specified is fine. When the power goes off, your UPS will hold up your computer for a while, then it will cut off...so will your computer. The UPS should still protect against surges. Your computer shou...
by hudson
Wed Aug 19, 2020 7:57 am
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

Jack FFR1846,

Wow...a serious UPS! ...no expense spared.
There are folks who want to try to get 100% up time.
by hudson
Wed Aug 19, 2020 7:11 am
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

You can build your own battery system with many times the power of a UPS, and you could use it for all the items you listed as well as others (e.g. lights, anything charged from a USB, AA and AAA battery chargers, radio, small fans). willthrill81, Is this what you are talking about? https://www.doi...
by hudson
Wed Aug 19, 2020 4:42 am
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

willthrill81, If I had one of these batteries in my home, what would I use it for? I use a 1000VA UPS for my desktop, modem, google wifi, and a switch. If I had a backup battery in addition, what would it do for me? I also have one of those car battery jump devices like this with a 12V DC adapter h...
by hudson
Tue Aug 18, 2020 8:50 pm
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8638

Re: A primer on backup battery systems for power outages

Regarding backup battery systems for computers & electronics during power outages - We have a universal power source battery that provides surge protection only on its outlets on one side of the battery and battery backup & surge protection on the outlets on the other side of the battery. It is an ...
by hudson
Tue Aug 18, 2020 7:08 pm
Forum: Investing - Theory, News & General
Topic: When should one share financials with their children?
Replies: 205
Views: 13279

Re: When should one share financials with their children?

At age 72, I don't plan to share any details with children until something comes up where it makes sense to do so. I've seen some family members turn over control years before they passed. I've seen others who handled things just fine until their death. One, on the way to the hospital had his wife p...