Search found 180 matches

by mptness
Tue Jul 09, 2013 11:13 am
Forum: Investing - Theory, News & General
Topic: CD Ladder Question
Replies: 12
Views: 1069

Re: CD Ladder Question

It's not important. I just buy the highest rate I can find for each maturity. There will be times when rates have fallen and the 5 year will be less than the 4 year. That's the way the ball bounces. I understand this when one is renewing the ladder, but if you were constructing it from scratch shou...
by mptness
Tue Jul 09, 2013 11:01 am
Forum: Investing - Theory, News & General
Topic: CD Ladder Question
Replies: 12
Views: 1069

Re: CD Ladder Question

As you noted, perhaps a shorter early withdrawal penalty could justify the lower rate. Also, if you have a known 5 year nominal (i.e., not real) liability, a 5 year CD may be preferable to eliminate the interest rate risk that would arise by using a shorter CD that paid a higher interest rate. Or p...
by mptness
Tue Jul 09, 2013 10:35 am
Forum: Investing - Theory, News & General
Topic: CD Ladder Question
Replies: 12
Views: 1069

Re: CD Ladder Question

You can construct the ladder any way you wish. Some people will just get a new 5 year CD each year and get whatever rate is available. Others will adjust the ladder according to current rates, going longer if a good rate is available, or going shorter if the difference in rates is not worthwhile. J...
by mptness
Tue Jul 09, 2013 10:29 am
Forum: Investing - Theory, News & General
Topic: CD Ladder Question
Replies: 12
Views: 1069

Re: CD Ladder Question

It's not important. I just buy the highest rate I can find for each maturity. There will be times when rates have fallen and the 5 year will be less than the 4 year. That's the way the ball bounces. I understand this when one is renewing the ladder, but if you were constructing it from scratch shou...
by mptness
Tue Jul 09, 2013 10:07 am
Forum: Investing - Theory, News & General
Topic: CD Ladder Question
Replies: 12
Views: 1069

CD Ladder Question

In a 5 year CD ladder should each consecutive rung always pay a higher interest rate? Would there ever be a reason to hold a 5 year CD with an interest rate lower than one of the other rungs (taking into account early withdrawal penalties)? Shouldn't you always be compensated for locking into longer...
by mptness
Mon Jul 08, 2013 5:36 pm
Forum: Investing - Theory, News & General
Topic: Invest like a chicken
Replies: 16
Views: 2537

Re: Invest like a chicken

We have chickens too (and enjoy the dividends over easy and scrambled), and while I disagree that they have a goal in mind when they cross the road, I'm sure that they would never try to time their decision to do so.
by mptness
Sun Jul 07, 2013 11:59 am
Forum: Investing - Theory, News & General
Topic: preferred accounting for cash in AA?
Replies: 15
Views: 1410

Re: preferred accounting for cash in AA?

In this low rate environment, isn't there an argument for including cash or CDs earning 1 or 2 % in the bond portion of ones AA? It seems like cash in savings account today earning 1% could be as good an investment as some short term or intermediate bond funds, and a CD earning 2% could be compared ...
by mptness
Tue Jul 02, 2013 7:02 pm
Forum: Investing - Theory, News & General
Topic: Is this a big 4th of July Rally!? Maybe, maybe not.
Replies: 3
Views: 950

Re: Is this a big 4th of July Rally!? Maybe, maybe not.

Well today was a dud... we can hope for some real fireworks tomorrow (I know it's normal volatility). Either way, happy Fourth of July to all the bogleheads, and thanks for all of the great information and advice. :happy
by mptness
Fri Jun 21, 2013 10:32 am
Forum: Investing - Theory, News & General
Topic: Is this a good day to buy some more?
Replies: 59
Views: 6611

Re: Is this a good day to buy some more?

boglengineer wrote:nitrocore24 wrote:bundy wrote:So if I buy TSM before 4 pm, will I be buying the dividend? Is waiting till tomorrow better?Yes, I am wondering whether I did or did not buy the dividend when I placed my order at 3:59pm today. Thanks.Anyone know the answer to this question?Don't kno...
by mptness
Tue Jun 18, 2013 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Jump in price in my electricity bill?
Replies: 29
Views: 3215

Re: Jump in price in my electricity bill?

You didn't mention how you get your water.
A submersible well pump can malfunction (ie. Cycle on and off more frequently) without you realizing.
by mptness
Thu May 30, 2013 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Stopping payment on a lost check
Replies: 13
Views: 14691

Re: Stopping payment on a lost check

Thanks to all who replied. My daughter decided it wasn't worth stopping payment because it would last for only 6 months.
The good news... After a week or so went by, her friend found the check! :happy
by mptness
Sun May 26, 2013 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Stopping payment on a lost check
Replies: 13
Views: 14691

Stopping payment on a lost check

My daughter wrote a $500 check to her roomate for expenses etc. and her friend lost the check. Do you think it is necessary to call the bank and stop payment ($ $35 fee)? If someone else were to find the check would they be able to cash it? It seems to me that it would be difficult to cash a check w...
by mptness
Fri Apr 12, 2013 1:38 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs. Bond Funds (Interest Rate Risk)
Replies: 11
Views: 1164

Re: Bonds vs. Bond Funds (Interest Rate Risk)

You can probably find a five-year CD out there for 2%, if you snoop around. The SEC yield on your intermediate-term bond fund (duration just north of 5) is 1.6% or thereabouts. I'll take safer with a higher yield any day. The best I can find is Barclay's 5 year CD for 1.85. Is it worth it for 25 bps?
by mptness
Fri Mar 22, 2013 1:25 pm
Forum: Personal Investments
Topic: purchased i-bonds with tax refund
Replies: 12
Views: 1359

Re: purchased i-bonds with tax refund

I think they're just trying to get rid of their existing paper I Bonds. Once they're gone, I suspect they may well kill the option to get I Bonds via one's tax refund and that will bring down the final curtain on paper Savings Bonds. Gotta get 'em while the getting's good! So the option of getting ...
by mptness
Thu Mar 21, 2013 5:39 pm
Forum: Personal Investments
Topic: purchased i-bonds with tax refund
Replies: 12
Views: 1359

Re: purchased i-bonds with tax refund

I just got mine close to 2 weeks after filing electronically. I got $5000 worth and I feel like a numismatist. Four Albert Einsteins ($1000 each), one General George C. Marshall ($500), one Chief Joseph ($200) and six, count em six Helen Kellers ($50 each). They are fun to look at, but did I miss th...
by mptness
Mon Feb 25, 2013 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: $5K I Bonds via intentional [federal tax] overpayment?
Replies: 19
Views: 2248

Re: $5K I Bonds via intentional [federal tax] overpayment?

Would the IRS ever object to someone obviously overpaying their federal tax in order to purchase I Bonds in this manner? If one has made all their estimated payments and/or has paid them with the amount withheld from their pay check, can they simply send in a payment with the voucher form a month be...
by mptness
Thu Jan 24, 2013 6:07 pm
Forum: Investing - Theory, News & General
Topic: Wiki - CD Penalty Withdrawal Calculations - DIY!
Replies: 17
Views: 3424

Re: Wiki - CD Penalty Withdrawal Calculations - DIY!

LadyGeek wrote:It wasn't a false alarm, you had a legitimate problem. In this case, you not only fixed your software, but got the wiki updated all in one fell swoop. :)
That being the case, I'm glad I wasn't just wasting your time. :D
by mptness
Thu Jan 24, 2013 10:24 am
Forum: Investing - Theory, News & General
Topic: Wiki - CD Penalty Withdrawal Calculations - DIY!
Replies: 17
Views: 3424

Re: Wiki - CD Penalty Withdrawal Calculations - DIY!

I uploaded a new version in MS Excel 2010 format (.xlsx). The link will show the spreadsheet contents, which is a good sign. Additionally Google Drive will complain that the file is too big - ignore it. Download the file using the menu File --> Download and give it a try.LibreOffice / OpenOffice ca...
by mptness
Wed Jan 23, 2013 6:30 pm
Forum: Investing - Theory, News & General
Topic: Wiki - CD Penalty Withdrawal Calculations - DIY!
Replies: 17
Views: 3424

Re: Wiki - CD Penalty Withdrawal Calculations - DIY!

I assume that you've downloaded the one from Google Docs. A #NAME error means Excel thinks you are typing in a formula (or referring to a non-existent cell). It does sound like you missing something simple, but let's be sure. When I change the APY (which is the annual equivalent of APR), there are ...
by mptness
Wed Jan 23, 2013 4:46 pm
Forum: Investing - Theory, News & General
Topic: Wiki - CD Penalty Withdrawal Calculations - DIY!
Replies: 17
Views: 3424

Re: Wiki - CD Penalty Withdrawal Calculations - DIY!

After I downloaded the spreadsheet from the wiki, when I change the interest rate (APR) values I get an error #NAME? in the withdraw year rows. As I am not much of a whiz with EXCEL, can someone help me with this? I must be overlooking something simple. :?
by mptness
Mon Jan 21, 2013 4:02 pm
Forum: Investing - Theory, News & General
Topic: NYT: Finding Advice for More Modest Retirement Investments
Replies: 44
Views: 7041

Re: NYT: Finding Advice for More Modest Retirement Investmen

From the article: Besides the annual fee based on assets, there’s a $250 fee to get started, and you must move your I.R.A. accounts to Schwab or Fidelity if they’re not already there. But he’s betting that his portfolios and service can be as good as what TD Ameritrade, Schwab, Vanguard and Fidelity...
by mptness
Sun Jan 20, 2013 3:12 pm
Forum: Investing - Theory, News & General
Topic: shorting out a particular stock from an index
Replies: 19
Views: 1587

Re: shorting out a particular stock from an index

Furthermore, actually doing this would require that you have a pretty large amount invested in the index fund because all three methods listed above are for 100 share lots. So AAPL is ~$500 right now. Thus 100 shares is worth $50,000. And if it's 3.5% of the index, you'd need to have ~$1.4M in the ...
by mptness
Fri Jan 18, 2013 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: S Corporation and Solo 401k Contribution Limits Questions
Replies: 14
Views: 5270

Re: S Corporation and Solo 401k Contribution Limits Question

It is my understanding (I'm a S-corp owner and not a CPA) that officers that provide services are de-facto employees. In this case, you are legally an employee and should not be paying SE taxes but processing payroll as you would for any other employee. We just went through this with our LLC after ...
by mptness
Fri Jan 18, 2013 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: S Corporation and Solo 401k Contribution Limits Questions
Replies: 14
Views: 5270

Re: S Corporation and Solo 401k Contribution Limits Question

Good grief ... all I come away with after reading this is our individual retirement savings system is so completely convoluted and broken. This may be so, but it seems simple compared to the tax code! We incorporated (previously was sole proprietor) primarily in order to split the profit into reaso...
by mptness
Fri Jan 18, 2013 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: S Corporation and Solo 401k Contribution Limits Questions
Replies: 14
Views: 5270

Re: S Corporation and Solo 401k Contribution Limits Question

Thank you all for your replies and comments. It seems there are two issues here. The first is the way in which we pay ourselves. It sounds like you aren't handling this whole setup properly to begin with. Unless I'm misunderstanding your post, the corporation is simply making payments to you and wif...
by mptness
Thu Jan 17, 2013 11:18 am
Forum: Personal Finance (Not Investing)
Topic: S Corporation and Solo 401k Contribution Limits Questions
Replies: 14
Views: 5270

S Corporation and Solo 401k Contribution Limits Questions

I can't find an answer to this anywhere, and would appreciate any help from the experts here. I have been following the forum for several months and have gained a wealth of knowledge. Thank you Bogleheads! An S Corporation 2 owners/employees (Husband and Wife), no other employees. This year we don't...
by mptness
Wed Jan 02, 2013 3:54 pm
Forum: US Chapters
Topic: Bogleheads Contest Suggestion [Donations]
Replies: 4
Views: 535

Re: Bogleheads Contest Suggestion [Donations]

Or do what I did and make a donation by clicking the support this site button. After following the forum for half a year I've gotten more than my moneys worth from the wealth of financial knowledge represented here. Not to mention the opportunity to enter a contest for fun and do such unboglehead th...
by mptness
Wed Jan 02, 2013 11:49 am
Forum: Investing - Theory, News & General
Topic: Bogleheads 2013 Hedgefund Contest
Replies: 151
Views: 21156

Re: Bogleheads 2013 Hedgefund Contest

Thanks for the opportunity to get this type of gambling out of my system without risking my ability to retire.

The 2 and 20 Fee Fi Fo Fund
Long TOL, QCOM
Short HD, AAPL
by mptness
Tue Jun 05, 2012 9:46 am
Forum: Investing - Theory, News & General
Topic: The $100 Billion Oxymoron - William Bernstein
Replies: 27
Views: 4349

Re: The $100 Billion Oxymoron - William Bernstein

A "Christian gangster" is an oxymoron and although I am new to this forum, I expect that most contributors would agree with Dr. Bernstein's assessment that a "Facebook investor" (or even an "IPO investor") would also qualify as one. Having just finished "The Invest...