Search found 810 matches

by MishkaWorries
Mon May 10, 2021 7:25 am
Forum: Personal Investments
Topic: Investing - Approaching Retirement
Replies: 4
Views: 375

Re: Investing - Approaching Retirement

Why are you thinking about changing your AA from 50/50? If 50/50 has worked up to now, why change? FOMO?

I'll let the experts chine in on more details because you'll be approaching RMD when you finally stop working all together. You may want to look into Roth conversions between now and 72.
by MishkaWorries
Mon May 10, 2021 7:14 am
Forum: Personal Investments
Topic: Need some advice
Replies: 2
Views: 370

Re: Need some advice

Hello Simpleman, Not enough information. I suggest you use the portfolio question template and change your title to ask for a portfolio review. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 It sounds like you're in a good place. You will have a paid off home soon. Many people count t...
by MishkaWorries
Sun May 09, 2021 4:12 pm
Forum: Personal Investments
Topic: Mother is 64 & decided it might be worth trying to save for retirement...
Replies: 39
Views: 4444

Re: Mother is 64 & decided it might be worth trying to save for retirement...

My mom is a flower-power "Hey man, you can't tell me what to do!" type so she would never share any of that with me. If this statement is true, there may not be much you can do to help. I would make it clear to her that she is a guest in my house and I will not modify my life to accommoda...
by MishkaWorries
Sat May 08, 2021 8:58 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 60
Views: 3984

Re: Critique my dividend stock strategy

OP if you're looking for income to replace bonds maybe better to look at a covered call strategy ETF. I see people talking about QYLD with 10+% distributions and QQQX or QYLG as covered call ETFs for the NASDAQ and XYLD and CII for the S&P500. I don't invest in these because I don't understand t...
by MishkaWorries
Sat May 08, 2021 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling Some Regret Over Conservative Approach to Finances
Replies: 95
Views: 10168

Re: Feeling Some Regret Over Conservative Approach to Finances

It sounds like FOMO to me. But maybe you're like l am. When I was younger any little drop drove me crazy. 2009 scared me totally out of the market. I just hated seeing the money we worked so hard to save just evaporate. Now I'm older and should be getting less risk adverse but I find myself weatheri...
by MishkaWorries
Sat May 08, 2021 12:05 pm
Forum: Investing - Theory, News & General
Topic: When will asset prices come down?
Replies: 84
Views: 5542

Re: When will asset prices come down?

This time around raising rates is pretty much out of the question. Tapering bond purchases is also out of the question. What is more interesting to watch is the size and frequency of stimuli from Congress. And possibly the introduction of yield curve control from the fed. Seems that way, I imagine ...
by MishkaWorries
Sat May 08, 2021 9:54 am
Forum: Investing - Theory, News & General
Topic: When will asset prices come down?
Replies: 84
Views: 5542

Re: When will asset prices come down?

Really? 🥲 Not in the absence of a complete system collapse. Unlikely in my lifetime. UBI and further economic stimuli will continue to happen. So is it ok to buy some luxury cars now? Is this an investment or personal pleasure. If investment wait until a recession and you'll have your pick at great...
by MishkaWorries
Sat May 08, 2021 9:52 am
Forum: Investing - Theory, News & General
Topic: Confused about dividend investing, market downturns and early retirement
Replies: 89
Views: 5536

Re: Confused about dividend investing, market downturns and early retirement

Where did you see that medical expenses aren’t included? I don’t think it would be appropriate to take business travel expenses out of non-business portfolio. Then in what sense are they retired and living on $40,000 per year? They are clearly still working for a living. Of course it's entirely pos...
by MishkaWorries
Sat May 08, 2021 9:37 am
Forum: Investing - Theory, News & General
Topic: When will asset prices come down?
Replies: 84
Views: 5542

Re: When will asset prices come down?

They are never going down. Really? 🥲 Not in the absence of a complete system collapse. Unlikely in my lifetime. UBI and further economic stimuli will continue to happen. So is it ok to buy some luxury cars now? Is this an investment or personal pleasure. If investment wait until a recession and you...
by MishkaWorries
Sat May 08, 2021 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Prior year employEE contribution into Solo 401(k)
Replies: 7
Views: 336

Re: Prior year employEE contribution into Solo 401(k)

I agree with IC Money. I never understood how 2020 employEE contributions could be made in an account opened in 2021. But . . . There are a ton of prior threads on this and it appears the big brokerage firms are advising it's possible. Go back and read those threads from about March, April and May a...
by MishkaWorries
Sat May 08, 2021 9:21 am
Forum: Personal Investments
Topic: Should I maximize the 12% tax bracket?
Replies: 17
Views: 1566

Re: Should I maximize the 12% tax bracket?

I could contribute more, but then I'd be leaving some of that 12% tax bracket unused. Income withdrawn early from the 401(k) would have a 10% penalty plus tax. Anyone who wishes to retire early needs to research Rule 72t. That can allow you to access your 401K prior to 59 1/2 without a 10% penalty.
by MishkaWorries
Fri May 07, 2021 12:11 pm
Forum: Investing - Theory, News & General
Topic: Confused about dividend investing, market downturns and early retirement
Replies: 89
Views: 5536

Re: Confused about dividend investing, market downturns and early retirement

Your conclusions are on the nose. Dividend investing is attractive to people who essentially cannot do math. It's mental trickery and little more. You say that like it is a bad thing. Isn't much of the Boglehead philosophy just mental trickery? Why hold bonds? To prevent panic selling in a downturn...
by MishkaWorries
Wed May 05, 2021 10:03 pm
Forum: Personal Investments
Topic: I-Bonds and EE Bonds in Portfolio [in your 20's]
Replies: 13
Views: 1100

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

Is the taxation of EE and I bonds the same? Only federal taxes @ redemption? Yes but be careful. If you buy in your twenties, that means they'll mature in your 40s when you will probably in your peak earning years. I know some Fire people are timing their EE and I-bonds purchased to mature when the...
by MishkaWorries
Wed May 05, 2021 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Wait until 70 to claim SS. Is this always best?
Replies: 68
Views: 5130

Re: Wait until 70 to claim SS. Is this always best?

We're in the same boat. My wife will only get spousal SS since she doesn't qualify for her own SS. We'll get my SS, her spousal SS and a small pension of mine. I'm planning on waiting until 70 for the reason that I want her to have the largest check possible after I'm gone. When I die she'll lose he...
by MishkaWorries
Wed May 05, 2021 6:40 am
Forum: Personal Investments
Topic: Any experience with Toyota Income Driver Notes?
Replies: 139
Views: 17810

Re: Any experience with Toyota Income Driver Notes?

This is it. I had enough of it. I'm moving my half million elsewhere. Disappointed. Just curious - have you decided where your $500k is going to go? No alternative identified for the moment, unfortunately. In the meantime, I also asked Toyota Financial Services whether each note can have some ACH r...
by MishkaWorries
Tue May 04, 2021 8:29 pm
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 177
Views: 23625

Re: I Bonds variable rate @ 3.54% in May

TD noob here. Just made my first online I-Bond purchase yesterday (have a bunch of vintage paper I-Bonds sitting around here somewhere). How and where on the TD website do I designate a beneficiary? Could I instead designate a co-owner? Many thanks in advance for any help! You can designate a co-ow...
by MishkaWorries
Mon May 03, 2021 5:27 pm
Forum: Personal Investments
Topic: All in on inflation-linked bonds?
Replies: 16
Views: 1991

Re: All in on inflation-linked bonds?

I don't think you could go wrong either way. But to me 50/50 looks good. That gives you diversity. In our retirement accounts we use intermediate treasuries or intermediate Tips. It's not exactly 50/50 but close. I just kinda like the idea of being balanced between the two. But I'm not a bond or fin...
by MishkaWorries
Mon May 03, 2021 5:53 am
Forum: Personal Investments
Topic: Investing in TIPS (SCHP)
Replies: 6
Views: 574

Re: Investing in TIPS (SCHP)

Have you looked into I-bonds? That would be a much better substitute for an HYSA if you can accept the one year lockup provision.
by MishkaWorries
Sun May 02, 2021 7:18 pm
Forum: Investing - Theory, News & General
Topic: i401(k) rolling over to traditional IRA
Replies: 7
Views: 640

Re: i401(k) rolling over to traditional IRA

Can you do a partial rollover and keep the solo 401K open or amend your solo 401K plan to change brokers to Vanguard?
by MishkaWorries
Sun May 02, 2021 3:02 pm
Forum: Investing - Theory, News & General
Topic: i401(k) rolling over to traditional IRA
Replies: 7
Views: 640

Re: i401(k) rolling over to traditional IRA

What are you trying to accomplish?
by MishkaWorries
Sun May 02, 2021 2:03 pm
Forum: Personal Investments
Topic: Individual TIPS purchase
Replies: 5
Views: 524

Re: Individual TIPS purchase

Xrayman69 wrote: Sun May 02, 2021 12:32 pm
MishkaWorries wrote: Sun May 02, 2021 12:26 pm We buy through our broker Schwab. You can either buy from the market or wait and buy at the next fed auction.
What did broker charge as fee?
Zero.
by MishkaWorries
Sun May 02, 2021 12:26 pm
Forum: Personal Investments
Topic: Individual TIPS purchase
Replies: 5
Views: 524

Re: Individual TIPS purchase

We buy through our broker Schwab. You can either buy from the market or wait and buy at the next fed auction.
by MishkaWorries
Sat May 01, 2021 7:39 pm
Forum: Personal Investments
Topic: Harry Sit’s Advice-Only Financial Website Question
Replies: 11
Views: 1394

Re: Harry Sit’s Advice-Only Financial Website Question

Don't know about the site you are asking about but to me it looks like your doing fine on your own. You have to good funds and no debt. I'd suggest you start here by posting a request for portfolio review. You'll find the format you need in the search box. Why pay some strange a % of all the money ...
by MishkaWorries
Sat May 01, 2021 7:16 pm
Forum: Investing - Theory, News & General
Topic: Bill Maher on Cryptocurrency
Replies: 87
Views: 6183

Re: Bill Maher on Cryptocurrency

Here's a German comedian's take on trying to get your friend to buy bitcoin since 2011. Non-preachy and both sides represented. Safe for work.

https://youtu.be/W8GDsddB1us
by MishkaWorries
Sat May 01, 2021 6:57 pm
Forum: Personal Investments
Topic: Harry Sit’s Advice-Only Financial Website Question
Replies: 11
Views: 1394

Re: Harry Sit’s Advice-Only Financial Website Question

Don't know about the site you are asking about but to me it looks like your doing fine on your own. You have to good funds and no debt. I'd suggest you start here by posting a request for portfolio review. You'll find the format you need in the search box. Why pay some strange a % of all the money y...
by MishkaWorries
Fri Apr 30, 2021 4:52 pm
Forum: Personal Consumer Issues
Topic: Should I Buy An Electric Car? How Will It Work?
Replies: 64
Views: 2791

Re: Should I Buy An Electric Car? How Will It Work?

No you shouldn't. It could be more dirty than ICE. A lot electricity is generated by burning coal. Coal is the least of the environmental damage caused by EVs. Look at a lithium mine destruction to the environment. It causes air and soil contamination. Talk about blood diamonds, think blood lithium...
by MishkaWorries
Fri Apr 30, 2021 11:21 am
Forum: Personal Investments
Topic: Friend's Father's Financial Advisor - 100% Bonds Last 10 Years
Replies: 42
Views: 5289

Re: Friend's Father's Financial Advisor - 100% Bonds Last 10 Years

It is none of your business. Please don't inject yourself in the situation.
by MishkaWorries
Thu Apr 29, 2021 6:58 pm
Forum: Personal Investments
Topic: I-Bonds instead of Marcus?
Replies: 15
Views: 1712

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 ...
by MishkaWorries
Thu Apr 29, 2021 6:57 pm
Forum: Personal Investments
Topic: I-Bonds instead of Marcus?
Replies: 15
Views: 1712

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 ...
by MishkaWorries
Wed Apr 28, 2021 6:05 pm
Forum: Personal Investments
Topic: Transferring to another brokerage
Replies: 22
Views: 1645

Re: Transferring to another brokerage

OP, the 3 brokerages mentioned here on the forum are Vanguard, Fidelity, and Schwab. All will provide equivalent low cost, diversified, mutual funds and ETFs, e.g. the Vanguard VTSAX total stock fund is the prototype for long term low cost investing. There is another ongoing thread about Vanguard c...
by MishkaWorries
Wed Apr 28, 2021 5:58 pm
Forum: Investing - Theory, News & General
Topic: Explain it like I'm 5: 401K Matching
Replies: 22
Views: 1767

Re: Explain it like I'm 5: 401K Matching

Thanks! So if my employer will not match until January, should I forgo a 401K and just take that money to put it in a ROTH until the match starts, then open a 401K? No. The way a January match works is that any money you put in 2021 gets matched in a lump sum in January 2022. So no reason to delay....
by MishkaWorries
Wed Apr 28, 2021 5:49 pm
Forum: Investing - Theory, News & General
Topic: 2021 JD Power study: Vanguard ranks highest in customer satisfaction
Replies: 59
Views: 3434

Re: 2021 JD Power study: Vanguard ranks highest in customer satisfaction

starboi wrote: Wed Apr 28, 2021 5:39 pm Wonder how much Vanguard Marketing Corporation paid for this distinction.
Cheaper than paying to hire and retain good quality reps :wink:
by MishkaWorries
Tue Apr 27, 2021 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Job Exit Interview
Replies: 83
Views: 7835

Re: Job Exit Interview

The main reason exit interviews happen at all is to reduce corporate liability. The thinking, at least as explained to me by the corp lawyer when I complained that it was a complete waste of time, is the following: should the employee ever file a lawsuit alleging anything later, the fact that it wa...
by MishkaWorries
Tue Apr 27, 2021 2:36 pm
Forum: Personal Consumer Issues
Topic: Annoying Pop Ups advertising Advisory Services
Replies: 17
Views: 1085

Re: Annoying Pop Ups advertising Advisory Services

Maybe they should give me a day or two to program something out. Add a field to the user table, add a checkbox to a form, and show the pop-up based on that field. It is very simple. I have told people the website issues (other websites) and how to fix them. I wish they take me serious. When you mak...
by MishkaWorries
Tue Apr 27, 2021 2:26 pm
Forum: Personal Consumer Issues
Topic: looking to buy a new car, can I time the car market
Replies: 34
Views: 3017

Re: looking to buy a new car, can I time the car market

Is something going to change in 6 months for your need of a car? If you can go with one car for 6 months, why can't you go with one car all the time. Why not save that $30,000 or whatever?
by MishkaWorries
Tue Apr 27, 2021 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Job Exit Interview
Replies: 83
Views: 7835

Re: Job Exit Interview

A friend of mine did a retiring exit interview last year. The interview was conducted by HR and a high ranking manager. My friend reported HR and the manager spent about 1/2 hour arguing with her over a slight criticism she made that frontline workers could use more support from management. The upsh...
by MishkaWorries
Tue Apr 27, 2021 1:53 pm
Forum: Investing - Theory, News & General
Topic: Series I Bonds instead of Cash/EF?
Replies: 26
Views: 2390

Re: Series I Bonds instead of Cash/EF?

Series I US Savings Bonds are currently the only investments available that are guaranteed to keep up with inflation and never lose principle. Pros: Currently yielding 1.68% which will probably go up in May. State and local tax free. Federal tax deferred until redeemed. Cons: Have to purchase throu...
by MishkaWorries
Sun Apr 25, 2021 11:51 am
Forum: Personal Investments
Topic: All in with Wellesley
Replies: 67
Views: 9540

Re: All in with Wellesley

My only thoughts: I'd keep a close eye on any active fund - make sure you read reports, stop in at the library to see what Morningstar has to say, etc. It's kind of outrageous to criticize PAS for "cookie cutter" portfolios. What exactly is unique about your situation that would warrant a...
by MishkaWorries
Sat Apr 24, 2021 2:18 pm
Forum: Personal Consumer Issues
Topic: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?
Replies: 74
Views: 5684

Re: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?

I am a long time Mobil 1 user. I run extended length between oil changes, but change the filter at 7500. You must have a well placed canister filter. One time I forgot to put the washer on the drain plug and I had to quickly take the bolt out and slide a washer on. I didn't lose much oil but it mad...
by MishkaWorries
Sat Apr 24, 2021 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Advice appreciated: older relative with huge credit card debt
Replies: 34
Views: 3476

Re: Advice appreciated: older relative with huge credit card debt

It certainly sounds like your relative in insolvent. At this point I'd move quickly to resolve the debt situation. Why throw more money at the debt that'll never get paid. Can your relative live on SS only? How much of a shortfall between SS and monthly expenses? Bankruptcy and debt collection are ...
by MishkaWorries
Sat Apr 24, 2021 11:51 am
Forum: Personal Consumer Issues
Topic: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?
Replies: 74
Views: 5684

Re: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?

Are there any oil filters rated to 20,000 miles? I buy extended life filters because Toyota says to change oil every 10,000 miles.
by MishkaWorries
Sat Apr 24, 2021 11:26 am
Forum: Personal Investments
Topic: Opened a Fidelity Account (23 y.o. needs advice)
Replies: 13
Views: 914

Re: Opened a Fidelity Account (23 y.o. needs advice)

The advice about opening an IRA before a taxable account is good advice. Do you have an HSA at work? If so, prioritize that account over a taxable too. The advice here will be to use broad based etf or mutual funds to have a diversified portfolio. Inside that portfolio, some people tilt to small cap...
by MishkaWorries
Sat Apr 24, 2021 10:12 am
Forum: Investing - Theory, News & General
Topic: Ideal Bond allocation by age
Replies: 94
Views: 6956

Re: Ideal Bond allocation by age

We are in our mid 40s and have 12 % of our allocation to Bonds. The percentage goes higher to 25% if count CDs. I am trying to see if this too much or too little of the allocation Are the CDs your emergency fund or something else. It’s an usually high cash allocation for someone at your age. No. At...
by MishkaWorries
Sat Apr 24, 2021 10:06 am
Forum: Investing - Theory, News & General
Topic: Ideal Bond allocation by age
Replies: 94
Views: 6956

Re: Ideal Bond allocation by age

I didn't realize for someone in mid 40s (i.e. 20 years from retirement) 75% in stocks and 25% bonds is considered aggressive. It's not. The typical bond allocation for someone 20 years from retirement would in the range of 12% to 20%. <10% would be aggressive >25% would be conservative 18% is about...
by MishkaWorries
Sat Apr 24, 2021 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Advice appreciated: older relative with huge credit card debt
Replies: 34
Views: 3476

Re: Advice appreciated: older relative with huge credit card debt

It certainly sounds like your relative in insolvent. At this point I'd move quickly to resolve the debt situation. Why throw more money at the debt that'll never get paid. Can your relative live on SS only? How much of a shortfall between SS and monthly expenses? Bankruptcy and debt collection are a...
by MishkaWorries
Sat Apr 24, 2021 9:44 am
Forum: Investing - Theory, News & General
Topic: Find the Dividend: Can You Identify Where a Dividend Payment Affected Equity Price?
Replies: 98
Views: 6045

Re: Find the Dividend: Can You Identify Where a Dividend Payment Affected Equity Price?

Dividend vs total return. Lump sum vs DCA. Asset allocation. To me these are the same debate. We know the intellectual answer to each question. Total return is more important than dividends. Lump sum is better than DCA. 100% equity is better than using ballast. And for maximum returns use leverage. ...
by MishkaWorries
Fri Apr 23, 2021 8:19 pm
Forum: Personal Investments
Topic: Stable value fund as ETF, or no such animal? (Seeking safe for now)
Replies: 30
Views: 2341

Re: Stable value fund as ETF, or no such animal? (Seeking safe for now)

Just because a fund is from Vanguard doesn't means it's good.

Assuming Vanguard's new etf is the same as the short term bond fund (and they are not) why go with that over ICSH? Vanguard is paying .41% with 1 year duration. ICSH is paying .31% with .44 duration.

HYSA is paying a little more.
by MishkaWorries
Fri Apr 23, 2021 4:55 pm
Forum: Personal Investments
Topic: I savings bonds for emergency fund
Replies: 55
Views: 5124

Re: I savings bonds for emergency fund

MishkaWorries wrote: Fri Apr 23, 2021 4:49 pm You got the details right. I can't think of anything out there right now that is better.
On second thought let me change my answer. If you EF is truly oversized, you should take the surplus and invest it in a taxable account at you preferred asset allocation.
by MishkaWorries
Fri Apr 23, 2021 4:49 pm
Forum: Personal Investments
Topic: I savings bonds for emergency fund
Replies: 55
Views: 5124

Re: I savings bonds for emergency fund

You got the details right. I can't think of anything out there right now that is better.