Search found 8134 matches

by Call_Me_Op
Sun Apr 18, 2021 1:33 pm
Forum: Personal Consumer Issues
Topic: Carpenter Ants
Replies: 7
Views: 648

Re: Carpenter Ants

I have eliminated several nests using Terro outdoor ant baits. They must be placed properly and you need patience.
by Call_Me_Op
Sun Apr 18, 2021 8:20 am
Forum: Personal Investments
Topic: Bond Holding in Taxable
Replies: 8
Views: 905

Re: Bond Holding in Taxable

Have you backtested at portfolio visualizer? Be careful with drawing conclusions on bonds from back-testing. Bond interest rates of the past 40 years have been much higher than they are today. (And with high-quality bonds, it's all about interest rates.) It is really an apples versus oranges compar...
by Call_Me_Op
Sun Apr 18, 2021 8:01 am
Forum: Investing - Theory, News & General
Topic: Is the potential upside in munis worth the downside?
Replies: 12
Views: 1093

Re: Is the potential upside in munis worth the downside?

Given that I follow a risk barbell approach - investments split between very safe and very volatile, I have opted not to use muni's in the safe portion. If I want more risk, I will dial-up equities. Structuring the portfolio this way allows me to control how much of my money is at risk and how much ...
by Call_Me_Op
Sun Apr 18, 2021 7:12 am
Forum: Investing - Theory, News & General
Topic: What would Bogle think of Dogecoin?
Replies: 30
Views: 1660

Re: What would Bogle think of Dogecoin?

I know John Bogle commented on cryptocurrency before he passed. If I recall correctly, he said “ avoid Bitcoin like the plague. Did I make myself clear?” What do you think he would say if he were alive today, with Bitcoin trading at $55,000 and Dogecoin market cap at more than $51 Billion. He would...
by Call_Me_Op
Sun Apr 18, 2021 7:04 am
Forum: Personal Consumer Issues
Topic: Indestructible ants?
Replies: 17
Views: 1241

Re: Indestructible ants?

I am very surprised they won't take the Terro. Small black ants usually love sugar. Carpenter ants have tastes that switch between sweets and protein depending upon the season. I have had excellent results with OUTDOOR ant bait fropm Terro. It requires proper placement and patience - but very effect...
by Call_Me_Op
Sat Apr 17, 2021 7:19 am
Forum: Personal Investments
Topic: No Bonds - How risky am I?
Replies: 41
Views: 3168

Re: No Bonds - How risky am I?

Sure, but would John Bogle recommend this? I was responding to "I follow Boglehead investing..." This is not just about low cost and tax efficiency. Of course, to each his own. Is that what Bogleheads is? Just doing what Jack liked? No, but arguably Jack's broad principles on investing sh...
by Call_Me_Op
Fri Apr 16, 2021 11:47 am
Forum: Personal Investments
Topic: No Bonds - How risky am I?
Replies: 41
Views: 3168

Re: No Bonds - How risky am I?

I follow booglhead investing, except for bonds, and stay the course. This is like saying "I am a very careful driver, except I like to travel at twice the speed limit." How so? There is nothing inherent in an appreciation for buy and hold low cost stock index investing that says you must ...
by Call_Me_Op
Fri Apr 16, 2021 7:40 am
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 60
Views: 7259

Re: I Bonds variable rate @ 3.54% in May

I know this is completely and utterly market timing and has no place on this site..... but... will this not have detrimental impact on the total stock market funds when everyone sells April 30th, May 1st to buy I bonds? The crash in march represented about 2% of shareholders selling total stock fun...
by Call_Me_Op
Fri Apr 16, 2021 7:36 am
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 219
Views: 11707

Re: What’s the problem with dividends?

Why do so many folks on here find dividend income undesirable if one needs income? Qualified dividends have the same tax rate as long term capital gains, so what difference does it make whether the income comes from selling appreciated assets or from dividends? Simple - you need to pay taxes on div...
by Call_Me_Op
Fri Apr 16, 2021 7:30 am
Forum: Personal Investments
Topic: No Bonds - How risky am I?
Replies: 41
Views: 3168

Re: No Bonds - How risky am I?

midoxidil wrote: Fri Apr 16, 2021 12:50 am I follow booglhead investing, except for bonds, and stay the course.
This is like saying "I am a very careful driver, except I like to travel at twice the speed limit."
by Call_Me_Op
Thu Apr 15, 2021 11:54 am
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 60
Views: 7259

Re: I Bonds variable rate @ 3.54% in May

tj wrote: Thu Apr 15, 2021 8:59 am Why has the Treasury set the variable rate so high? This is so much higher than anything FDIC/NCUA insured out there.
Suggests that inflation is rising fast.
by Call_Me_Op
Thu Apr 15, 2021 11:49 am
Forum: Investing - Theory, News & General
Topic: "Mortage is a negative bond" - please help me understand
Replies: 177
Views: 8868

Re: "Mortage is a negative bond" - please help me understand

USAFperio wrote: Wed Apr 14, 2021 1:28 pm I've read and heard that a mortgage should be considered a negative bond, although I'm trying to figure out how this concept affects my asset allocation.
With a mortgage, you owe money. With a bond, you are owed money. Not any more complicated than that.
by Call_Me_Op
Tue Apr 13, 2021 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Using only Fidelity for Retirement
Replies: 23
Views: 3401

Re: Using only Fidelity for Retirement

... Use this forum and an hourly fee-only advisor to help in your decumulation phase. Thanks for the replies. I was concerned that that was the answer. I am looking to simplify the process, what could an hourly fee-only do? Set up an annual plan? To be honest one of my concerns is a mental decline ...
by Call_Me_Op
Mon Apr 12, 2021 10:14 am
Forum: Personal Investments
Topic: CDs vs. Bonds in today's world
Replies: 15
Views: 1197

Re: CDs vs. Bonds in today's world

Many conservative investors favor fixed annuities these days. They pay much better than bank accounts, money market funds, CD and other low-risk fixed income investments. A fixed annuity is an insurance contract that pays a fixed rate of interest for a "set term", usually ranging from one...
by Call_Me_Op
Mon Apr 12, 2021 8:54 am
Forum: Personal Investments
Topic: CDs vs. Bonds in today's world
Replies: 15
Views: 1197

Re: CDs vs. Bonds in today's world

Many conservative investors favor fixed annuities these days. They pay much better than bank accounts, money market funds, CD and other low-risk fixed income investments. A fixed annuity is an insurance contract that pays a fixed rate of interest for a "set term", usually ranging from one...
by Call_Me_Op
Mon Apr 12, 2021 8:50 am
Forum: Personal Investments
Topic: CDs vs. Bonds in today's world
Replies: 15
Views: 1197

Re: CDs vs. Bonds in today's world

Many conservative investors favor fixed annuities these days. They pay much better than bank accounts, money market funds, CD and other low-risk fixed income investments. A fixed annuity is an insurance contract that pays a fixed rate of interest for a "set term", usually ranging from one...
by Call_Me_Op
Mon Apr 12, 2021 8:31 am
Forum: Personal Investments
Topic: CDs vs. Bonds in today's world
Replies: 15
Views: 1197

Re: CDs vs. Bonds in today's world

Many conservative investors favor fixed annuities these days. They pay much better than bank accounts, money market funds, CD and other low-risk fixed income investments. A fixed annuity is an insurance contract that pays a fixed rate of interest for a "set term", usually ranging from one...
by Call_Me_Op
Mon Apr 12, 2021 7:26 am
Forum: Personal Investments
Topic: CDs vs. Bonds in today's world
Replies: 15
Views: 1197

Re: CDs vs. Bonds in today's world

I had few CD accounts that were doing well before the pandemic. But since the interest rates became a flat line, it feels like I am losing money every month. I have Fidelity account. Just wondering if it is relatively safe to put some in taxable account Fidelity Total Bond fund . Suggestions? Thank...
by Call_Me_Op
Sun Apr 11, 2021 7:09 am
Forum: Investing - Theory, News & General
Topic: An alternative to bonds
Replies: 10
Views: 1801

Re: An alternative to bonds

There is no fee lunch. Right now, the risk-free rate is about 0.1%. Whenever you see an "investment" that claims to offer much more than this, you are taking risk - and you should try to understand what that risk is. In this case, it appears that this ETF invests in risky bonds and hedges ...
by Call_Me_Op
Sat Apr 10, 2021 8:42 am
Forum: Investing - Theory, News & General
Topic: FSMAX Shows 6% Loss Today?
Replies: 39
Views: 2509

Re: FSMAX Shows 6% Loss Today?

Capital-gains distribution, perhaps partly due to it having to sell it's TSLA holdings this year as it entered the S&P500. You learned an expensive tax-lesson... this is why you should use ETFs in taxable (except for Vanguard funds that have an equivalent ETF and can avoid cap-gains distributio...
by Call_Me_Op
Fri Apr 09, 2021 7:01 pm
Forum: Investing - Theory, News & General
Topic: FSMAX Shows 6% Loss Today?
Replies: 39
Views: 2509

Re: FSMAX Shows 6% Loss Today?

Forgive the ignorance, trying to learn from you all here - but how does this distribution translate to tax inefficiency in a taxable account ? Now he gets to pay capital gains tax on that 5% distribution, which means he just lost 55bps+ worth of value. Usually true - but I have a large capital loss...
by Call_Me_Op
Fri Apr 09, 2021 7:00 pm
Forum: Investing - Theory, News & General
Topic: FSMAX Shows 6% Loss Today?
Replies: 39
Views: 2509

Re: FSMAX Shows 6% Loss Today?

OK, it appears that a long-term capital gain of 5.288 was distributed today. That is enormous, but does explain it. I should have gone with ETFs in taxable - but this was purchased many years ago (before I really knew what I was doing). Holding ETFs in taxable does not guarantee tax efficiency, the...
by Call_Me_Op
Fri Apr 09, 2021 5:41 pm
Forum: Investing - Theory, News & General
Topic: FSMAX Shows 6% Loss Today?
Replies: 39
Views: 2509

Re: FSMAX Shows 6% Loss Today?

OK, it appears that a long-term capital gain of 5.288 was distributed today. That is enormous, but does explain it.

I should have gone with ETFs in taxable - but this was purchased many years ago (before I really knew what I was doing).
by Call_Me_Op
Fri Apr 09, 2021 5:34 pm
Forum: Investing - Theory, News & General
Topic: FSMAX Shows 6% Loss Today?
Replies: 39
Views: 2509

Re: FSMAX Shows 6% Loss Today?

aristotelian wrote: Fri Apr 09, 2021 5:33 pm Morningstar has it up 0.15%. I am trying to pull up the fund page on Fidelity's site and it's not loading. Could be a glitch?
Let me know what you see when you eventually get in.
by Call_Me_Op
Fri Apr 09, 2021 5:27 pm
Forum: Investing - Theory, News & General
Topic: FSMAX Shows 6% Loss Today?
Replies: 39
Views: 2509

Re: FSMAX Shows 6% Loss Today?

They paid a dividend on 4/08/2020; it's about 1 year later now. If there was a dividend payout, Fidelity doesn't know anything about it and it would have been 100X larger than last April's. I am very disappointed in the explanation I received from Fidelity. They basically told me they have no idea ...
by Call_Me_Op
Fri Apr 09, 2021 5:13 pm
Forum: Investing - Theory, News & General
Topic: FSMAX Shows 6% Loss Today?
Replies: 39
Views: 2509

Re: FSMAX Shows 6% Loss Today?

They paid a dividend on 4/08/2020; it's about 1 year later now. If there was a dividend payout, Fidelity doesn't know anything about it and it would have been 100X larger than last April's. I am very disappointed in the explanation I received from Fidelity. They basically told me they have no idea ...
by Call_Me_Op
Fri Apr 09, 2021 4:54 pm
Forum: Investing - Theory, News & General
Topic: FSMAX Shows 6% Loss Today?
Replies: 39
Views: 2509

FSMAX Shows 6% Loss Today?

FSMAX (Fidelity Extended Market Index), one of my largest holdings, shows a loss in my brokerage account of 5.67% today. There were no dividend payouts, and Vanguard's Extended Market ETF is up today. Any thoughts as to what might be going on? I called Fidelity and the representative initially tried...
by Call_Me_Op
Sun Apr 04, 2021 8:29 am
Forum: Personal Investments
Topic: What is in your IPS?
Replies: 25
Views: 2285

Re: What is in your IPS?

Nice Woodspinner. You may wish to update the RMD start age to 72.
by Call_Me_Op
Sun Apr 04, 2021 7:56 am
Forum: Personal Investments
Topic: I bonds [Any downsides?]
Replies: 15
Views: 1287

Re: I bonds

Will you be retired in 30 years when all the interest comes due? (I believe it can be paid annually but most don't bother.) Otherwise, it sounds like a good idea. Search here for complaints about the difficulty for heirs to get at it. Difficult, but not impossible, if I understand correctly. One do...
by Call_Me_Op
Sun Apr 04, 2021 7:47 am
Forum: Personal Investments
Topic: What is in your IPS?
Replies: 25
Views: 2285

Re: What is in your IPS?

My IPS is like a short book. It discusses my investment philosophy (why I hold what I hold), asset allocation, tax considerations, interactions between retirement and taxable accounts, when to take Social Security, and a withdrawal strategy for retirement.
by Call_Me_Op
Sun Apr 04, 2021 7:37 am
Forum: Personal Investments
Topic: Bonds vs Cash in a very low interest rate world
Replies: 51
Views: 6701

Re: Bonds vs Cash in a very low interest rate world

I don't make a firm distinction between bonds and cash. Cash is a limiting case along the bond continuum - essentially a zero-duration bond. You can access cash without triggering taxation, so it is not a bad idea to have a small bucket of cash to support any near-term spending needs. To more direct...
by Call_Me_Op
Sat Apr 03, 2021 7:03 am
Forum: Investing - Theory, News & General
Topic: Real Estate (TIAA vs. Fundrise, DiversyFund, etc.)
Replies: 33
Views: 2120

Re: Real Estate (TIAA vs. Fundrise, DiversyFund, etc.)

windaar wrote: Fri Apr 02, 2021 9:06 pm I had TIAA TREA in a "set & forget" plan until I realized their gargantuan ER fees.
You can't compare the ER of this fund to other mutual funds. You are getting a lot for that fee - basically management of your properties, and liquidity guarantee.
by Call_Me_Op
Sat Apr 03, 2021 6:59 am
Forum: Personal Investments
Topic: Safest short-term investment
Replies: 10
Views: 801

Re: Safest short-term investment

Hi all, I have my long term investment done. I am staying the course and I am happy about it I also have some cash on the side that I am intending to use to buy a house in the short-term. I am not in a hurry but I will know when the right house is presented. So, the timing could be 1-3 years. What ...
by Call_Me_Op
Tue Mar 30, 2021 8:14 am
Forum: Personal Investments
Topic: Please Explain Bonds in My Portfolio
Replies: 8
Views: 916

Re: Please Explain Bonds in My Portfolio

With interest rates still so low and the only talk about changing them is from the fed deciding on whether or not to raise them, why do I need bonds in my portfolio? The Fed does not control interest rates except at the very short end. But to your question - why do I need bonds in my portfolio - I ...
by Call_Me_Op
Mon Mar 29, 2021 4:39 pm
Forum: Personal Investments
Topic: 120-age=Stocks or age-10=bonds or something else?
Replies: 23
Views: 2027

Re: 120-age=Stocks or age-10=bonds or something else?

One way to gauge your risk tolerance is to answer the question "would you be OK with your stocks losing half of their value." If you could handle that without losing sleep or selling-out, that's probably where you should be.
by Call_Me_Op
Mon Mar 29, 2021 12:37 pm
Forum: Investing - Theory, News & General
Topic: Does Vanguard deal with currency risks when they create international index funds?
Replies: 3
Views: 300

Re: Does Vanguard deal with currency risks when they create international index funds?

You can view currency "risk" as currency "diversification." It's not necessarily a bad thing - depending upon how one defines risk.
by Call_Me_Op
Sun Mar 28, 2021 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Guard against IRA hackers... keep multiple accounts?
Replies: 13
Views: 1668

Re: Guard against IRA hackers... keep multiple accounts?

I just changed jobs and so I've got IRA accounts at Vanguard, Fidelity, and another place. I've been planning on moving everything to Vanguard for simplicity, although the stats on the fees etc are broadly similar. This article got me thinking: https://www.wsj.com/articles/gao-calls-for-protections...
by Call_Me_Op
Sun Mar 28, 2021 2:37 pm
Forum: Personal Investments
Topic: 68yo, considering leaving Vanguard
Replies: 27
Views: 4007

Re: 68yo, considering leaving Vanguard

I am assuming they considered your annual expenses and amount saved. To make a recommendation without knowing these things would be irresponsible. It could well be that if you had twice as much saved they would be comfortable with a smaller allocation to equities.
by Call_Me_Op
Sun Mar 28, 2021 2:31 pm
Forum: Personal Investments
Topic: The safest way to 7%?
Replies: 88
Views: 8352

Re: The safest way to 7%?

I am not understanding some of the responses here. I am clear about the inherent risk. In the investment markets if your goal was to invest as safely as you could with your intended goal to realize a 7% return over a 10 year period how would you do it? If you accept that 7% is your goal, you would ...
by Call_Me_Op
Sat Mar 27, 2021 7:41 am
Forum: Personal Investments
Topic: RetireX: Fidelity X Factor - Your Retirement Multiple?
Replies: 13
Views: 1253

Re: RetireX: Fidelity X Factor - Your Retirement Multiple?

Fidelity has a cool tool on their website called "RetireX" to determine the income multiple needed to support your retirement: https://www.fidelity.com/products/retirement/widget/xfactor/retire_xfactor.html Toying around with the tool, the maximum income multiple it says is 16X your pre-r...
by Call_Me_Op
Sun Mar 21, 2021 2:46 pm
Forum: Personal Consumer Issues
Topic: Oven temperature accuracy
Replies: 26
Views: 1462

Re: Oven temperature accuracy

I just read a conversation regarding the accuracy of thermometers. This has got me curious about oven temperature accuracy. DW often comments that she doesn't think the indicated oven temperature is what actually occurs. How can I confirm or deny? The obvious solution is to buy an oven thermometer ...
by Call_Me_Op
Sun Mar 21, 2021 2:43 pm
Forum: Investing - Theory, News & General
Topic: The Magic of Intermediate Term Treasuries
Replies: 41
Views: 4037

Re: The Magic of Intermediate Term Treasuries

Is there any other asset class so universally loved? Meh, I like my barbell of long and short better. Could you explain your reasoning behind your bond allocation? Genuinely interested/not criticizing :) Yield curve is steep, so he has some inflation protection (short end) and deflation/re-investme...
by Call_Me_Op
Sun Mar 21, 2021 2:41 pm
Forum: Investing - Theory, News & General
Topic: The Magic of Intermediate Term Treasuries
Replies: 41
Views: 4037

Re: The Magic of Intermediate Term Treasuries

Is there any other asset class so universally loved? What's the worst thing one can say about Intermediate-term treasuries? Expected returns going forward are very low (<1% for the next 5 years), much lower than in your back-testing. Not currently enthralled with their recent or even prospective re...
by Call_Me_Op
Sun Mar 21, 2021 2:24 pm
Forum: Investing - Theory, News & General
Topic: The Magic of Intermediate Term Treasuries
Replies: 41
Views: 4037

Re: The Magic of Intermediate Term Treasuries

whereskyle wrote: Sun Mar 21, 2021 12:27 pm Is there any other asset class so universally loved?

What's the worst thing one can say about Intermediate-term treasuries?
Expected returns going forward are very low (around 1% for the next 5-10 years), much lower than in your back-testing.
by Call_Me_Op
Sun Mar 21, 2021 7:22 am
Forum: Personal Investments
Topic: What do most people do with a 401K upon retirement if they dont need it?
Replies: 169
Views: 15284

Re: What do most people do with a 401K upon retirement if they dont need it?

Let it ride. And be prepared for RMDs as previously mentioned. You will see mentions of Roth conversions. I view them as gimmicky and unnecessary. The stated gain from Roth conversions, if this information can be squeezed out of the posters, is tiny in the big picture. The juice isn't worth the squ...
by Call_Me_Op
Thu Mar 18, 2021 8:57 am
Forum: Personal Investments
Topic: Short term investment
Replies: 5
Views: 510

Re: Short term investment

Hello BHs, Straight to the point. Would it be smart or acceptable to park ~8k in FSKAX for around 4-5 yrs(short term)? It's money that I don't need right away cuz it was from sale if my house. Thanks!! Just be aware that in 4-5 years, your balance in this fund may be higher or lower than $8k.
by Call_Me_Op
Tue Mar 16, 2021 9:51 am
Forum: Investing - Theory, News & General
Topic: Dividends...please explain
Replies: 131
Views: 10159

Re: Dividends...please explain

Non-dividend paying stock isn't really all that different from Bitcoin or Pokemon Cards. It relies on the Greater Fool theory. Not true. Buying a company is nothing like buying a Bitcoin.Companies have real value - they own assets and have earnings they plow back into the business to make it grow. ...
by Call_Me_Op
Tue Mar 16, 2021 7:48 am
Forum: Investing - Theory, News & General
Topic: Dividends...please explain
Replies: 131
Views: 10159

Re: Dividends...please explain

Non-dividend paying stock isn't really all that different from Bitcoin or Pokemon Cards. It relies on the Greater Fool theory. Not true. Buying a company is nothing like buying a Bitcoin.Companies have real value - they own assets and have earnings they plow back into the business to make it grow. ...
by Call_Me_Op
Tue Mar 16, 2021 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy; Anyone actually made a claim?
Replies: 211
Views: 16052

Re: Umbrella Policy; Anyone actually made a claim?

You cite the 0.0001% chance of paying 20k to a lawyer, but not the comparable chance of losing everything. Many people aren't at risk of losing everything. In the worst case of having to file Chapter 7 in MA, you would get to keep your 401k or equivalent, IRAs up to $1.36 million, and with proper p...
by Call_Me_Op
Mon Mar 15, 2021 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy; Anyone actually made a claim?
Replies: 211
Views: 16052

Re: Umbrella Policy; Anyone actually made a claim?

I have the opposite. Multimillionaire friend who didn’t have umbrella, who got into a car accident and got sued for $2m. Car insurance company was perfectly willing to go to court and risk the entire $2m, because they were only on the hook for $100k. Friend had to hire and pay their own lawyer $20k...