Search found 5141 matches

by UpperNwGuy
Fri May 14, 2021 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: The true value of FEHB?
Replies: 9
Views: 871

Re: The true value of FEHB?

Tdubs wrote: Fri May 14, 2021 5:41 pm There is one new plan, at least, that covers all copays and deductibles ($7 copay on generic meds) and reimburses the full amount of Medicare Part B for less than a $300/mo premium for two.
Details please.
by UpperNwGuy
Fri May 14, 2021 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card for easing back into travel
Replies: 11
Views: 899

Re: Credit Card for easing back into travel

To me the big value for Chase Sapphire Reserve is the rental car insurance protection is primary. This cuts out a lot of cost and protects you against the impact of an accident without CDW. However if you don't have a car, I'm not sure what gives you liability coverage. Anyone know what happens wit...
by UpperNwGuy
Fri May 14, 2021 5:59 am
Forum: Investing - Theory, News & General
Topic: FZROX vs VTSAX
Replies: 46
Views: 16109

Re: FZROX vs VTSAX

Just for fun, I decided to move over my HSA funds from my employer’s custodian to Fidelity’s individual account. Decided to put all my money into Fidelity’s zero-expense total us stock fund, FZORX, for simplicity sake. One thing I noticed is that it only pays dividends annually in December, whereas...
by UpperNwGuy
Thu May 13, 2021 5:47 am
Forum: Investing - Theory, News & General
Topic: FZROX vs VTSAX
Replies: 46
Views: 16109

Re: FZROX vs VTSAX

Just for fun, I decided to move over my HSA funds from my employer’s custodian to Fidelity’s individual account. Decided to put all my money into Fidelity’s zero-expense total us stock fund, FZORX, for simplicity sake. One thing I noticed is that it only pays dividends annually in December, whereas...
by UpperNwGuy
Thu May 13, 2021 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA "View Balance" at ATM failed. Should it?
Replies: 9
Views: 818

Re: Fidelity CMA "View Balance" at ATM failed. Should it?

Using an ATM to view an account balance is very old school. Nowadays most people use their mobile apps to view the balance.

A more interesting test would be to withdraw a small amount of cash from the ATM and look at the paper receipt to see if your new balance appears.
by UpperNwGuy
Wed May 12, 2021 2:00 pm
Forum: Personal Investments
Topic: Sell SPY to buy VOO advice
Replies: 18
Views: 1354

Re: Sell SPY to buy VOO advice

Thank you. I wasn't sure if VTI, SCHB, and ITOT were considered different enough from each other to not trigger the wash sale rule. I figured they were substantially different from SPY but are you saying they're also substantially different from one another? Thanks for the guidance and clarificatio...
by UpperNwGuy
Wed May 12, 2021 1:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15229
Views: 1176735

Re: U.S. stocks continue to soar!

Not much activity on this thread in the last couple of days.....
by UpperNwGuy
Wed May 12, 2021 5:53 am
Forum: Personal Investments
Topic: Merrill Lynch to Edge
Replies: 20
Views: 1800

Re: Merrill Lynch to Edge

If I were to transfer funds electronically from my ML account to my checking account at the megabank, would the advisor be alerted, and then ask me what I'm doing? Yes, your advisor will know. If you want to trade without the advisor knowing about it, do it at a different broker that is not connect...
by UpperNwGuy
Tue May 11, 2021 7:06 pm
Forum: Personal Consumer Issues
Topic: Weight lifting question. Machine vs free weight
Replies: 80
Views: 5308

Re: Weight lifting question. Machine vs free weight

My personal trainer won't let me use machines, only free weights. I used to use machines several years ago, but they were a crutch.
by UpperNwGuy
Tue May 11, 2021 4:01 pm
Forum: Personal Investments
Topic: Why foreign stocks?
Replies: 115
Views: 7035

Re: Why foreign stocks?

Long term, US and Intl have similar returns and a fair amount of correlation with each other. Owning both will probably reduce the standard deviation of your returns a bit, but your terminal wealth accumulation over several decades is very unlikely to be significantly different going all US vs glob...
by UpperNwGuy
Tue May 11, 2021 5:40 am
Forum: Personal Investments
Topic: Dilemma: what to do with a large amount of cash at the age of 75?
Replies: 34
Views: 3955

Re: Dilemma: what to do with a large amount of cash at the age of 75?

Just a thought - keep it simple. put it all in Wellington fund. 70:30 stock:bond. Live off dividends. Reinvest the rest. Or pick 2-3 fund portfolio and AA if want to be little more hands on. He’s 75. Regardless of what he does he will not run out of money. It a simple approach. Why stress about whe...
by UpperNwGuy
Mon May 10, 2021 1:28 pm
Forum: Personal Investments
Topic: Why not put everything in SPHD and be done with it?
Replies: 31
Views: 3797

Re: Why not put everything in SPHD and be done with it?

Keenobserver wrote: Mon May 10, 2021 1:26 pm As per title, looking for reasons why one should not just put it all in SPHD and be done with it?
What is SPHD? Can you spell it out for those of us who hate going to google every five minutes as we read bogleheads tickerspeak?
by UpperNwGuy
Mon May 10, 2021 1:26 pm
Forum: Personal Investments
Topic: Why foreign stocks?
Replies: 115
Views: 7035

Re: Why foreign stocks?

The real question is why not? Most big foreign stocks have significant exposure to the USA. Here are some common answers: 1) Diversification 2) Diversification 3) Diversification How much diversification is enough diversification? And at what point does additional diversification start to produce d...
by UpperNwGuy
Mon May 10, 2021 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: What prompted you to pull the plug and retire?
Replies: 124
Views: 11979

Re: What prompted you to pull the plug and retire?

I had planned to retire on a certain date, but about a year earlier I got crossways with the head of my organization. I decided I didn't need that, so I accelerated by retirement by nine months. Financially it didn't make much difference.
by UpperNwGuy
Mon May 10, 2021 1:03 pm
Forum: Personal Investments
Topic: Why foreign stocks?
Replies: 115
Views: 7035

Re: Why foreign stocks?

The real question is why not? Most big foreign stocks have significant exposure to the USA. Here are some common answers: 1) Diversification 2) Diversification 3) Diversification How much diversification is enough diversification? And at what point does additional diversification start to produce d...
by UpperNwGuy
Mon May 10, 2021 7:34 am
Forum: Personal Consumer Issues
Topic: Online Security - Am I going Overboard?
Replies: 9
Views: 1031

Re: Online Security - Am I going Overboard?

If it makes you feel safer, go for it. I don't do most of that stuff.
by UpperNwGuy
Mon May 10, 2021 4:47 am
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 65
Views: 5576

Re: What does your bond portfolio look like in this low interest world?

OP, I think you're performance chasing. First you allowed your AA to tilt towards stocks because stocks were doing well. Now you want to reduce your bonds even further because interest rates are low. Yet you claim to believe in the set it and forget it philosophy.
by UpperNwGuy
Sun May 09, 2021 8:52 pm
Forum: Investing - Theory, News & General
Topic: Taking risk on equity side.
Replies: 60
Views: 4843

Re: Taking risk on equity side.

You could replace HY bonds with Total Bond in portfolio (1) and achieve the same results by increasing the stock allocation a little. This supports vineviz's claim that HY bonds offer no additional benefits to a portfolio. 29% US stock / 29% Intl stock / 25% LTT / 17% Total US Bond results in CAGR ...
by UpperNwGuy
Sun May 09, 2021 7:44 pm
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 65
Views: 5576

Re: What does your bond portfolio look like in this low interest world?

AerialWombat wrote: Sun May 09, 2021 7:04 pm Almost identical to what it looked like 2 years ago. Interest rates have zero impact on the reason I hold bonds in my portfolio.

Stay. The. Course.
Exactly.
by UpperNwGuy
Sun May 09, 2021 7:41 pm
Forum: Investing - Theory, News & General
Topic: Taking risk on equity side.
Replies: 60
Views: 4843

Re: Taking risk on equity side.

You could replace HY bonds with Total Bond in portfolio (1) and achieve the same results by increasing the stock allocation a little. This supports vineviz's claim that HY bonds offer no additional benefits to a portfolio. 29% US stock / 29% Intl stock / 25% LTT / 17% Total US Bond results in CAGR ...
by UpperNwGuy
Sun May 09, 2021 7:39 pm
Forum: Investing - Theory, News & General
Topic: 10-20% Bonds? What’s the point?
Replies: 251
Views: 15837

Re: 10-20% Bonds? What’s the point?

Be sure to read this article about bonds before attacking them.

https://www.advisorperspectives.com/art ... bout-bonds
by UpperNwGuy
Sun May 09, 2021 6:25 pm
Forum: Investing - Theory, News & General
Topic: 10-20% Bonds? What’s the point?
Replies: 251
Views: 15837

Re: 10-20% Bonds? What’s the point?

I would never hold less than 25% bonds. My target is 30%.
by UpperNwGuy
Sun May 09, 2021 5:46 pm
Forum: Investing - Theory, News & General
Topic: Who keeps an eye on Vanguard?
Replies: 17
Views: 2198

Re: Who keeps an eye on Vanguard?

Doesn't VG disclose compensation when shareholder votes are required ? There is no such thing as a Vanguard shareholder vote. The widely accepted belief that Vanguard is owned by the account holders is a myth. False. https://institutional.vanguard.com/VGApp/iip/site/institutional/researchcommentary...
by UpperNwGuy
Sun May 09, 2021 4:41 pm
Forum: Investing - Theory, News & General
Topic: Who keeps an eye on Vanguard?
Replies: 17
Views: 2198

Re: Who keeps an eye on Vanguard?

SlowMovingInvestor wrote: Sun May 09, 2021 4:24 pm Doesn't VG disclose compensation when shareholder votes are required ?
There is no such thing as a Vanguard shareholder vote. The widely accepted belief that Vanguard is owned by the account holders is a myth.
by UpperNwGuy
Sun May 09, 2021 4:29 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1852
Views: 180063

Re: Jack Bogle - Two Fund Portfolio

I see no reason to hold a dedicated REIT fund. Vince - What do you base that on? I thoughts REITs have a lot fo overlap with small cap funds? Tony The great Taylor Larimore recently provided a link to this table of investment returns by asset class . To my mind, it makes a pretty strong case for ho...
by UpperNwGuy
Sun May 09, 2021 4:25 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1852
Views: 180063

Re: Jack Bogle - Two Fund Portfolio

My overall stock allocation is 40% based on my advanced age of 84. I do not have any allocation to international stock by choice and if I did it would be no more than 20%. 20% of a 40% allocation is only 8% and my position is anything less than 10% does not play any significant role in a portfolio....
by UpperNwGuy
Sun May 09, 2021 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Schwab advisor cold calls
Replies: 34
Views: 3188

Re: Schwab advisor cold calls

It sounds like most of you folk actually answer the phone when it rings. Unless my phone displays the name of a family member, a friend, one of my medical practitioners, or the car repair guy, I don't answer. It's really that simple. No need to defend my investing decisions to people who think they ...
by UpperNwGuy
Sun May 09, 2021 6:45 am
Forum: Investing - Theory, News & General
Topic: Is it time to rethink automatic reinvestment of dividends in a taxable account?
Replies: 43
Views: 4983

Re: Is it time to rethink automatic reinvestment of dividends in a taxable account?

When I started investing I did not auto-reinvest. After several years of manually reinvesting dividends, I decided it was a lot of hassle with few benefits. I turned on auto-reinvesting for all my funds and have been happy ever since.
by UpperNwGuy
Sat May 08, 2021 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Schwab advisor cold calls
Replies: 34
Views: 3188

Re: Schwab advisor cold calls

Glad to see this thread. Schwab contacted me by email earlier this week about the advantages of consolidating my accounts at Schwab. It was the first time I had heard from them in about three years, and I had been enjoying the silence. The irony is that the person whose name is on the email works at...
by UpperNwGuy
Sat May 08, 2021 5:46 am
Forum: Personal Investments
Topic: Best government pension plan in the U.S.?
Replies: 53
Views: 5422

Re: Best government pension plan in the U.S.?

I think as the population growth slows down (which it is) many of these plans are going to be in serious trouble. Letting people retire in 20 years in their early 40s isn't a viable option long term w/o sizable population growth and most of the world is facing declining growth. The old federal plan...
by UpperNwGuy
Fri May 07, 2021 9:29 pm
Forum: Personal Consumer Issues
Topic: Do you still read the print newspaper?
Replies: 84
Views: 3176

Re: Do you still read the print newspaper?

I haven't read a print newspaper since 2009.

To put that statement in context, I read a print newspaper every day from the mid-1960s until 2009.
by UpperNwGuy
Fri May 07, 2021 6:43 pm
Forum: Investing - Theory, News & General
Topic: The Eight Great Misconceptions About Bonds
Replies: 55
Views: 5855

Re: The Eight Great Misconceptions About Bonds - Allan Roth - Vanguard Reference?

You can read more about how forum members have reacted to this article here: viewtopic.php?p=5988962#p5988962
by UpperNwGuy
Fri May 07, 2021 6:27 pm
Forum: Personal Investments
Topic: Vanguard Emerging markets at 10%
Replies: 66
Views: 5339

Re: Vanguard Emerging markets at 10%

Vanguard's Emerging Markets Stock Index Fund (VEMAX) has the following country allocations: 40.9% China 17.7% Taiwan 12.1% India 5.2% Brazil 4.4% South Africa 3.2% Saudi Arabia 2.8% Russia 13.7% Everybody else If you're comfortable with tilting towards these countries, go for it. I am not. Investin...
by UpperNwGuy
Thu May 06, 2021 4:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard dominating inflows for 2021
Replies: 11
Views: 1985

Re: Vanguard dominating inflows for 2021

Scooter57 wrote: Fri Apr 23, 2021 1:10 pm I was buying Vanguard index funds back in the 1980s and 1990s when you all were chasing individual stocks. Now I'm getting more and more into individual stocks as the crowd now buys nothing but index funds.
But why? How did you lose your faith in the boglehead philosophy?
by UpperNwGuy
Thu May 06, 2021 3:42 pm
Forum: Personal Investments
Topic: Fidelity says I am in good shape with a 5% withdrawal. Living to 85 starting at 55. What do you think?
Replies: 60
Views: 8798

Re: Fidelity says I am in good shape with a 5% withdrawal. Living to 85 starting at 55. What do you think?

The age 85 is an actuarial number coming from the Social Security Administration. It's used by the IRS in their "simplified method worksheet" to determine how my previously taxed pension income is spread across the remaining years of my life. Some people will live longer, and some will di...
by UpperNwGuy
Thu May 06, 2021 3:34 pm
Forum: Investing - Theory, News & General
Topic: S&P500/Extended Market split for 2021?
Replies: 12
Views: 1349

Re: S&P500/Extended Market split for 2021?

One would think that the companies offering extended market mutual funds would make a point of advising investors of the current, correct ratio of S&P 500 to extended market.
by UpperNwGuy
Thu May 06, 2021 10:46 am
Forum: Investing - Theory, News & General
Topic: How big is the risk of sustained huge stock market decline?
Replies: 106
Views: 10667

Re: How big is the risk of sustained huge stock market decline?

Ramjet wrote: Thu May 06, 2021 9:57 am
UpperNwGuy wrote: Wed May 05, 2021 9:24 pm The risk of a 50% stock market decline with a recovery within a few years is high
How many 50% declines have there been in the history of the U.S. stock market
I have no idea. You tell me.
by UpperNwGuy
Thu May 06, 2021 7:00 am
Forum: Investing - Theory, News & General
Topic: RIP David Swensen
Replies: 57
Views: 8695

Re: RIP David Swensen

RIP..
by UpperNwGuy
Thu May 06, 2021 6:58 am
Forum: Investing - Theory, News & General
Topic: Vanguard predicts value outperforms grrowth
Replies: 57
Views: 4524

Re: Vanguard predicts value outperforms grrowth

The easiest prediction anyone can make is that an asset class that has performed poorly in recent years will turn the corner and start outperforming. This applies to any asset class: value, international, whatever. Often those predictions turn out to be correct, but that doesn't make them brilliant...
by UpperNwGuy
Wed May 05, 2021 10:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts value outperforms grrowth
Replies: 57
Views: 4524

Re: Vanguard predicts value outperforms grrowth

The easiest prediction anyone can make is that an asset class that has performed poorly in recent years will turn the corner and start outperforming. This applies to any asset class: value, international, whatever. Often those predictions turn out to be correct, but that doesn't make them brilliant...
by UpperNwGuy
Wed May 05, 2021 9:59 pm
Forum: Personal Investments
Topic: Vanguard Emerging markets at 10%
Replies: 66
Views: 5339

Re: Vanguard Emerging markets at 10%

Vanguard's Emerging Markets Stock Index Fund (VEMAX) has the following country allocations:
40.9% China
17.7% Taiwan
12.1% India
5.2% Brazil
4.4% South Africa
3.2% Saudi Arabia
2.8% Russia
13.7% Everybody else

If you're comfortable with tilting towards these countries, go for it. I am not.
by UpperNwGuy
Wed May 05, 2021 9:43 pm
Forum: Personal Investments
Topic: Fidelity says I am in good shape with a 5% withdrawal. Living to 85 starting at 55. What do you think?
Replies: 60
Views: 8798

Re: Fidelity says I am in good shape with a 5% withdrawal. Living to 85 starting at 55. What do you think?

Biggest concern in my mind is the part about living to 85. Why such an early age? I know many people who get to their 90's and a few over 100. The age 85 is an actuarial number coming from the Social Security Administration. It's used by the IRS in their "simplified method worksheet" to d...
by UpperNwGuy
Wed May 05, 2021 9:24 pm
Forum: Investing - Theory, News & General
Topic: How big is the risk of sustained huge stock market decline?
Replies: 106
Views: 10667

Re: How big is the risk of sustained huge stock market decline?

The risk of a 50% stock market decline with a recovery within a few years is high. The risk of another Great Depression with a multi-decade recovery is low.
by UpperNwGuy
Wed May 05, 2021 9:15 pm
Forum: Personal Investments
Topic: Fidelity says I am in good shape with a 5% withdrawal. Living to 85 starting at 55. What do you think?
Replies: 60
Views: 8798

Re: Fidelity says I am in good shape with a 5% withdrawal. Living to 85 starting at 55. What do you think?

Biggest concern in my mind is the part about living to 85. Why such an early age? I know many people who get to their 90's and a few over 100. The age 85 is an actuarial number coming from the Social Security Administration. It's used by the IRS in their "simplified method worksheet" to d...
by UpperNwGuy
Wed May 05, 2021 9:05 pm
Forum: Investing - Theory, News & General
Topic: Keeping track of my investments?
Replies: 18
Views: 1506

Re: Keeping track of my investments?

If you keep them all at one brokerage, they will keep track of everything for you. Even if you have holdings at more than one brokerage, if you pick one to track your holdings, you only need to input the number of shares of funds held elsewhere. The brokerage will track the changes in price. Liveso...
by UpperNwGuy
Wed May 05, 2021 9:02 pm
Forum: Investing - Theory, News & General
Topic: The Eight Great Misconceptions About Bonds
Replies: 55
Views: 5855

Re: The Eight Great Misconceptions About Bonds

not ' lost ' it's didn't ' gain '. big difference. If you own a stock that went up from $50 to $100; then subsequently went down to $80, did your portfolio lose $20 of value? The argument being made in the article weaker than this. It's arguing that you own a stock whose price remained at $50, but ...
by UpperNwGuy
Wed May 05, 2021 1:09 pm
Forum: Investing - Theory, News & General
Topic: The Eight Great Misconceptions About Bonds
Replies: 55
Views: 5855

Re: The Eight Great Misconceptions About Bonds

Finally! A straighforward, commonsense article about bonds. Thanks to Allan Roth for writing it. Thanks to Taylor for posting it. Many bogleheads need this article badly.
by UpperNwGuy
Wed May 05, 2021 12:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts value outperforms grrowth
Replies: 57
Views: 4524

Re: Vanguard predicts value outperforms grrowth

The easiest prediction anyone can make is that an asset class that has performed poorly in recent years will turn the corner and start outperforming. This applies to any asset class: value, international, whatever. Often those predictions turn out to be correct, but that doesn't make them brilliant ...
by UpperNwGuy
Wed May 05, 2021 7:14 am
Forum: Investing - Theory, News & General
Topic: How Do You React After a Market Decline?
Replies: 66
Views: 3914

Re: How Do You React After a Market Decline?

In March 2020 I did some tax loss harvesting. I didn't do any rebalancing into stocks because I had been on the verge of rebalancing out of stocks when the decline began. The whole month-long event took me from my upper rebalancing band down to my lower band without crossing into actionable territor...