Search found 179 matches

by bhough
Sun Jul 25, 2021 7:55 pm
Forum: Personal Investments
Topic: How Do People Manage Tuition Funding?
Replies: 33
Views: 3516

Re: How Do People Manage Tuition Funding?

Dear OP, I've got 2 529 accounts for each kid and my goal is to save $100,000 per kid. I'm close to that for the oldest one. The reason I have two accounts is Vineviz had a post a few months ago about having equities in one and TIPS in another. You use the equity one first with all the gains and if ...
by bhough
Fri Jul 23, 2021 9:57 pm
Forum: Non-US Investing
Topic: New lazy-investor from Turkey looking to hedge against Turkish Lira
Replies: 9
Views: 593

Re: New lazy-investor from Turkey looking to hedge against Turkish Lira

After I posted, I looked up the current bonds issued from the central bank. It appears that government debt issued in Lira is getting a coupon for less than 10%. (see: https://en.hmb.gov.tr/debt-office-statistics ) which would not be wise if the overnight rate from the central bank is 19%, unless yo...
by bhough
Fri Jul 23, 2021 9:14 pm
Forum: Personal Investments
Topic: What would you do with $116 in a Roth account?
Replies: 36
Views: 2648

Re: What would you do with $116 in a Roth account?

retired@50 wrote: Fri Jul 23, 2021 12:05 pm Buy two shares of Altria Group (MO), set to re-invest dividends, and check back every 15 years.

Regards,
This is the right answer.
b
by bhough
Fri Jul 23, 2021 9:13 pm
Forum: Non-US Investing
Topic: New lazy-investor from Turkey looking to hedge against Turkish Lira
Replies: 9
Views: 593

Re: New lazy-investor from Turkey looking to hedge against Turkish Lira

I hate to answer a question with a question, but I've been reading about Turkey recently as I bought a small amount of Turkish sovereign bonds (denominated in US currency) and therefore have been following with interest Erdogan's reluctance to raise interest rates like his bankers' told him to do. I...
by bhough
Thu Jul 22, 2021 8:07 pm
Forum: Personal Investments
Topic: Change in tax deferred availability starting next year - what to do?
Replies: 6
Views: 585

Re: Change in tax deferred availability starting next year - what to do?

Next year will you be a consultant with 1099 income? You could open a solo401k and fund. I'm not expert, but I think you can put alot more in it that way as well.

b
by bhough
Thu Jul 22, 2021 11:43 am
Forum: Personal Investments
Topic: Can I buy DirectTreasury bonds or I-bonds in brokerages?
Replies: 16
Views: 1867

Re: Can I buy DirectTreasury bonds or I-bonds in brokerages?

Dear OP,

Before you invest, please consider buying/reading the following book: The Bond Book by Annette Thau. It would behoove you to understand rates/yields, par, discount, premium, risk, tax implications, etc. before you invest. Just my 2 cents.

b
by bhough
Sat Jul 17, 2021 7:48 pm
Forum: Personal Investments
Topic: How to maximize returns in a short time with low risk
Replies: 30
Views: 2286

Re: How to maximize returns in a short time with low risk

You might have to educate your friend about the concept of risk and reward. In this low interest rate environment (and I'm assuming you mean nominal 2-3%, not real 2-3%), there aren't any investments that guaranty 2-3% return at one year. If he/she purchases an investment with a higher expected retu...
by bhough
Thu Jul 15, 2021 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Working after Financial Independence
Replies: 273
Views: 19936

Re: Working after Financial Independence

KlangFool, I enjoy your posts. I'm happy you are working. I am not financially independent, so I can't answer your question. However, I have a friend who is and his wife tells him he has to keep working as she doesn't want him to spend so much time in the house. There is a saying among married peopl...
by bhough
Wed Jul 14, 2021 7:33 pm
Forum: Personal Investments
Topic: 6-month emergency money idea
Replies: 19
Views: 1286

Re: 6-month emergency money idea

I bonds
by bhough
Tue Jul 13, 2021 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity customer service declining?
Replies: 75
Views: 8150

Re: Fidelity customer service declining?

Fidelity has the best service I’ve ever experienced in any industry.
by bhough
Tue Jul 13, 2021 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Buying into a private practice as a physician - still smart?
Replies: 35
Views: 4859

Re: Buying into a private practice as a physician - still smart?

It is pretty difficulty for an internal medicine subspecialty doc to make 800,000-1.2 million per year. I call BS on that one. I'd want to see the numbers and where they came from. If that number includes real estate income that your group leases out to someone else, then you are asking a real estat...
by bhough
Mon Jul 12, 2021 7:01 pm
Forum: Personal Investments
Topic: Moderna
Replies: 62
Views: 9197

Re: MODERNA

Moderna executives have sold $90 million worth of their shares since February. The chief medical officer sold all 100,000 of his shares then exercised his options and sold those too. He now holds no shares. The chief technical officer also sold all of his shares in the last few months. The CEO has ...
by bhough
Wed Jul 07, 2021 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: My house isn't selling
Replies: 228
Views: 36103

Re: My house isn't selling

UpperNwGuy wrote: Sat Jul 03, 2021 3:26 pm Lower the price. It always works.
A+ in undergrad economics. Your response made me laugh out loud with its brevity and honesty. Ty sir.
b
by bhough
Wed Jul 07, 2021 6:08 pm
Forum: Personal Consumer Issues
Topic: Tactics to get questions answered in a surgeon/doctor's office consult?
Replies: 44
Views: 4658

Re: Tactics to get questions answered in a surgeon/doctor's office consult?

A few ideas: 1. Write down the questions and hand them to the doctor when they walk in. Don't keep the paper and say, "I've got a few questions" then read it to them like the doctor is a kindergartener listening to a story. People can read faster than you can talk. Give them the questions ...
by bhough
Tue Jul 06, 2021 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 726
Views: 117198

Re: Losing a job in your 50's...

Folks, There is another problem that is not mentioned in this thread yet: student loan. My peer's daughter is a National Merit Finalist. She had a full-ride scholarship to UVA. But, she wants to go to Northeastern? Instead. So, instead of a fully-paid Bachelor degree, the parent (my peer) have to t...
by bhough
Sun Jul 04, 2021 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: What is your only money regret?
Replies: 166
Views: 16384

Re: What is your only money regret?

My biggest money regret is either: -- paying attention to Robert Shiller's CAPE ratio for so long -- not even considering investing in TIPS years ago My earliest money regret is, when I was a kid, blowing all my piggy bank money on the Star Wars AT-AT Imperial Walker toy. The kids in the commercial...
by bhough
Sat Jul 03, 2021 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Burned out in the last few miles of the journey.... Any hope?
Replies: 90
Views: 10202

Re: Burned out in the last few miles of the journey.... Any hope?

[/quote] Everyone has job stressors. I think burnout is a term used by high income wage earners who are whining about not wanting to go back to work. We call lower wage earners lazy when they wish they wouldn't have to work. DA [/quote] I respect the bravado of your statement and I acknowledge that ...
by bhough
Fri Jun 25, 2021 12:42 pm
Forum: Personal Consumer Issues
Topic: Unrecognized computer or device problem
Replies: 27
Views: 1893

Re: Unrecognized computer or device problem

I like Marseille’s idea. As you know, most ISPs provide us with dynamic IP addresses unless we pay more for a static or non-changing IP address. However, my IP address doesn’t change unless the power goes out or sometimes (not always) when I reboot my router. It isn’t clear to me if Vanguard is read...
by bhough
Wed Jun 23, 2021 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Opportunity presents - Should I or shouldn't I?
Replies: 47
Views: 4216

Re: Opportunity presents - Should I or shouldn't I?

Life is an adventure. You already have enough for your family if you fail. Take the new job.
b
by bhough
Tue Jun 22, 2021 11:56 am
Forum: Personal Consumer Issues
Topic: Considering a Move from Ubuntu to Debian (Linux)
Replies: 37
Views: 2717

Re: Considering a Move from Ubuntu to Debian (Linux)

I'm glad you brought this up. I've been thinking about changing ubuntu to debian for the last year and this is the nudge I needed to try. I'll report back. I love Ubuntu/Linux, but it will occasionally lock up requiring me to restart. Have also had a problem now and again with GRUB/GRUB2 when that h...
by bhough
Thu Jun 17, 2021 5:17 pm
Forum: Personal Investments
Topic: Partnership buy-in question
Replies: 7
Views: 1072

Re: Partnership buy-in question

I'd be shocked if you got a higher percent of the profits buy accelerating your buy in. Read the fine print. They may be betting your money earlier and you probably won't be getting a better equity position any earlier. And who know what might happen if five of the partners die in a plane crash tomo...
by bhough
Thu Jun 17, 2021 5:13 pm
Forum: Personal Investments
Topic: Best book for 25y/o w/ limited investing experience?
Replies: 34
Views: 2232

Re: Best book for 25y/o w/ limited investing experience?

The above are all good. Would recommend Jane Bryan Quinn's books (Making the most of your money now). Random walk down wall street good. Charles Schwab wrote a small book a few years ago that was good. Your money or your life is good. Robert Kiyosaki's book was good, but I know people hate him/it. T...
by bhough
Fri Jun 11, 2021 9:51 pm
Forum: Personal Investments
Topic: Treasury Direct?
Replies: 20
Views: 2055

Re: Treasury Direct?

Buying is easy. Redeeming is easy. There are transaction costs. There is no bid-ask spread. It is a no-brainer. Please note that if you sell it in 12 months, you'll only get 9 months of interest. I think you'll like it and keep using it.
b
by bhough
Tue Jun 08, 2021 7:51 pm
Forum: Personal Investments
Topic: Question regarding long term treasury bond funds
Replies: 1
Views: 277

Question regarding long term treasury bond funds

Dear smart people, I've been trying to learn about fixed income and have a question I was hoping one of you could help me with. I think one of the benefits of a corporate bond fund in general is that a single investor can diversify their default risk if they buy a corporate bond fund with hundreds o...
by bhough
Tue Jun 08, 2021 11:49 am
Forum: Personal Investments
Topic: I bonds are only worth it with maxed retirement accounts right?
Replies: 32
Views: 3812

Re: I bonds are only worth it with maxed retirement accounts right?

That's the way I see the world, how you described. However, with the ultra low returns on stocks, bonds, and real estate, maybe the conventional wisdom will change. If your real expected return on a bond fund pretax is 0%, should you pay tax and buy an I bond with post tax money? I wouldn't if you a...
by bhough
Wed Jun 02, 2021 8:10 pm
Forum: Personal Investments
Topic: Using I and EE bonds exclusively as the bond portions of investements
Replies: 23
Views: 1563

Re: Using I and EE bonds exclusively as the bond portions of investements

Investmax, You are correct, I bonds and EE bonds are funded using post-tax dollars. However, if you purchase TIPS or nominal treasuries, you are obligated to pay tax on them yearly. With I bonds and EE bonds, you are not required to pay tax on them until you cash them in. In your earning years, you ...
by bhough
Wed Jun 02, 2021 7:00 pm
Forum: Personal Investments
Topic: Using I and EE bonds exclusively as the bond portions of investements
Replies: 23
Views: 1563

Re: Using I and EE bonds exclusively as the bond portions of investements

I personally think your idea is great and it is essentially what I'm trying to do. I don't have enough post-tax money to buy I bonds AND EE bonds for myself and wife this year, but I might be able to max out I bonds and do the $5000 tax return thing this year. I think your question really has to do ...
by bhough
Fri May 28, 2021 11:17 pm
Forum: Personal Investments
Topic: Seeking TIPS tips
Replies: 24
Views: 3091

Re: Seeking TIPS tips

1) One kind of risk is "I coulda had a V8," that is, the risk that some other investment might be "better" in some way. If you invest in TIPS people will tell you, in effect, "you should be taking more risk. You are taking too little risk and getting too little return."...
by bhough
Thu May 27, 2021 5:50 pm
Forum: Personal Investments
Topic: Reducing risk near retirement
Replies: 89
Views: 9032

Re: Reducing risk near retirement

Can you start investing new money in bonds instead of stocks? Can you buy some I-bonds with the first $10,000 ($20,000 if married) and then think about a liability matching portfolio of treasuries and TIPS? Maybe easier to do a bond fund, but the I-bonds are probably superior. Do you live in a high ...
by bhough
Thu May 27, 2021 5:43 pm
Forum: Investing - Theory, News & General
Topic: Bonds in Roth IRA?
Replies: 24
Views: 2534

Re: Bonds in Roth IRA?

I have some bonds in Roth. I bought a Ford bond paying a coupon of 9.3% when the Covid drop freaked everyone out. I actually got it at a discount, so it pays more than 10%/year. Having it in Roth means I'm not taxed on that interest. I can see a case for junk bonds in Roth as you aren't paying tax o...
by bhough
Tue May 18, 2021 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Quitting job with no plan- Please help assess my situation
Replies: 95
Views: 9688

Re: Quitting job with no plan- Please help assess my situation

Do you have any vacation time accrued? If so, consider telling your boss today that you must take 1-2 weeks vacation starting immediately for personal reasons. Be assertive and don’t give any more detail. Put an away message on your work voicemail and email. Then walk out the door. Use the time off...
by bhough
Sun May 16, 2021 2:03 pm
Forum: Personal Investments
Topic: Bond portfolio review
Replies: 9
Views: 688

Re: Bond portfolio review

Did the rep say how paying someone 0.45% was going to overcome those challenges? Those words are meaningless, meant to make you feel stupid and blindly trust the smarter financial advisor people. The challenges are rising inflation which will likely mean rising interest rates and low current yields....
by bhough
Sat May 15, 2021 12:43 pm
Forum: Investing - Theory, News & General
Topic: International equity should be post-tax?
Replies: 8
Views: 747

International equity should be post-tax?

Dear Smart people, As I read more about how international investing works and the way dividends are taxed, I think I understand that international investing (excluding the UK) should be only in post-tax accounts. I read the domestic/international wiki to make sure I wasn't missing the piece about af...
by bhough
Wed May 05, 2021 11:11 pm
Forum: Personal Investments
Topic: I-Bonds and EE Bonds in Portfolio [in your 20's]
Replies: 51
Views: 4799

Re: I-Bonds and EE Bonds in Portfolio [in your 20's]

I bonds yes. EE bonds in your 20s, pump the brakes a little. I don't know your current tax rate, but it is likely to be higher in 20 years and that is when you'll want to realize the gain on your EE bonds. If you do it before 20 years, you only get 0.1% interest. If I were speaking to my 20 year old...
by bhough
Tue May 04, 2021 5:25 pm
Forum: Investing - Theory, News & General
Topic: Why Do Index Funds Pay a Dividend At All?
Replies: 13
Views: 1858

Re: Why Do Index Funds Pay a Dividend At All?

Mr. Jedi,

If one purchases that Vanguard trust, do you pay taxes on the automatically re-invested dividend?

b
by bhough
Tue May 04, 2021 5:21 pm
Forum: Personal Investments
Topic: cash and asset allocation for a retiree
Replies: 57
Views: 4303

Re: investment choices

You should consider selling some of your apple stock and investing that in bonds. It doesn't have to be 100%. Something my wife has taught me is that there are thousands of choices between doing all of something and none of something. Would you feel comfortable selling 25% of your apple shares and i...
by bhough
Mon May 03, 2021 6:30 pm
Forum: Personal Investments
Topic: Advice for investing an additional 80,000/yr
Replies: 7
Views: 1206

Re: Advice for investing an additional 80,000/yr

Don't mean to pry, but the question suggests that you are receiving an income stream from an investment. If that investment is a business, is there a way to tweak the business to throw off less income now during your earning years? If you don't need that $80,000 to live off of, do you have to take a...
by bhough
Mon May 03, 2021 6:07 pm
Forum: Personal Investments
Topic: All in on inflation-linked bonds?
Replies: 16
Views: 2048

Re: All in on inflation-linked bonds?

I'm not giving you advice. I'm just telling you what I've learned in the past few months about bonds in this strange environment. (Grok, Vineviz, or other smarter people, feel free to correct me): Both TIPS and nominals if held directly or held through a bond fund are sold initially at an auction fr...
by bhough
Fri Apr 30, 2021 12:00 pm
Forum: Investing - Theory, News & General
Topic: Are Two College Savings Plans Better Than One?
Replies: 39
Views: 4489

Re: Are Two College Savings Plans Better Than One?

Vineviz,

What you have described is new information to me and is accurate. By separating the account with the most expected capital gains from the fixed income type account, you minimize the downside of over-contributing. I am going to change how I fund my kids' accounts now. Thanks.

b
by bhough
Thu Apr 29, 2021 6:39 pm
Forum: Personal Investments
Topic: I-Bonds instead of Marcus?
Replies: 15
Views: 1830

Re: I-Bonds instead of Marcus?

No catch. i started a Marcus account too and the rate is too low. If you have alot of money for this, I'd do the first $10,000 (or $20,000 if married) in the I bonds and the rest in Marcus or your savings account of choice. I don't know your particulars, but a combination might be better than each a...
by bhough
Tue Apr 27, 2021 7:27 pm
Forum: Investing - Theory, News & General
Topic: How to construct my bond portion?
Replies: 59
Views: 4672

Re: How to construct my bond portion?

Can I ask a dumb question to the bond people (not trying to hijack the thread): When you say that long term treasuries (LTT) go up when stocks go down, I think I understand that if you sell those treasuries you own on the secondary market, you will get a premium to the face value of the bond because...
by bhough
Mon Apr 26, 2021 9:55 pm
Forum: Investing - Theory, News & General
Topic: Excellent free Bloomberg newsletter from Matt Levine
Replies: 11
Views: 1822

Re: Excellent free Bloomberg newsletter from Matt Levine

Smart, funny and educational. I’m surprised it’s free because I would pay for it and I’m pretty cheap. Explains things frequently and knows his stuff as he was a lawyer working in investment banking.
by bhough
Wed Apr 21, 2021 8:15 pm
Forum: Investing - Theory, News & General
Topic: Adding TIPS to portfolio
Replies: 18
Views: 2560

Re: Adding TIPS to portfolio

Very helpful. I see the logic in that. Thanks for explaining.
b
by bhough
Wed Apr 21, 2021 7:34 pm
Forum: Investing - Theory, News & General
Topic: Adding TIPS to portfolio
Replies: 18
Views: 2560

Re: Adding TIPS to portfolio

Thanks for your response. I suppose I could restructure my question as, when does it make sense for someone to hold TIPS in their portfolio? What percentage allocation should be TIPS, and how to get TIPS (using TIPS index funds)? Speaking very generally, it usually makes sense to hold some TIPS whe...
by bhough
Wed Apr 21, 2021 6:48 pm
Forum: Personal Investments
Topic: Should I use I bonds as emergency fund?
Replies: 20
Views: 2242

Re: Should I use I bonds as emergency fund?

OP, I vote direct purchasing of I-bonds from treasurydirect. In a bond fund, they decide when to sell and realize capital gains. There may also be interest income you don't want. With an individual I-bond, taxes are deferred until you want to realize the interest. It can be from year 2 to year 30. I...
by bhough
Wed Apr 21, 2021 6:39 pm
Forum: Personal Investments
Topic: Need help with how to invest bonus
Replies: 15
Views: 1039

Re: Need help with how to invest bonus

OP,

Similar situation (but yours is better). Here's my vote:

1. Max out I bonds for you and wife ($20,000)
2. Add $10,000 to savings/vacation/fund/nice gift for wife/kids
3. Split the rest between 529 and mortgage.

b
by bhough
Tue Apr 20, 2021 11:49 am
Forum: Investing - Theory, News & General
Topic: Any Reason to NOT max out I Bonds and EE Bonds
Replies: 80
Views: 8020

Re: Any Reason to NOT max out I Bonds and EE Bonds

OP, To directly answer your question (is there any reason not to max out I and EE bonds each year), here are a few, but they probably don't apply to the prudent Bogleheads community: 1. If you have credit card debt, you should pay this off first before you buy I bonds or EE bonds as the interest you...
by bhough
Sat Apr 17, 2021 9:35 pm
Forum: Personal Investments
Topic: Need Help with Investment Plan - Close to Retirement
Replies: 12
Views: 1771

Re: Need Help with Investment Plan - Close to Retirement

What is EAM? I don’t understand why you are paying them $2000. Not nit-picking, just learning.
by bhough
Thu Apr 15, 2021 7:56 pm
Forum: Personal Investments
Topic: Bond ladder vs. Bond fund (edited)
Replies: 8
Views: 1180

Re: Bond ladder vs. Bond fund

You might enjoy "The Bond Book" by Annette Thau. There is a chapter or a part of a chapter comparing bond funds vs buying individual bonds. You might also enjoy Zvi Bodie's "Risk Less and Prosper". He is a big proponent of TIPS. Given you are purchasing municipal bonds, I assume ...