Search found 88 matches

by VinhoVerde
Thu Aug 02, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 102
Views: 9180

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Wouldn't it just be simpler to ladder the actual TIP bonds to mature every 5 years in retirement and place the proceeds in a short term Tip fund to spend until the next TIPs bond matures. I've laddered out a TIPs ladder with a 100k maturing every 5 years. This, combined with Social Security, provide...
by VinhoVerde
Tue Jul 31, 2018 7:32 am
Forum: Investing - Theory, News & General
Topic: Interesting Take on the 3 Fund Model
Replies: 66
Views: 4494

Re: The Guy with the Weird Portfolio

I can see the extra asset allocation to US and International REIT's as I believe real estate investments are underrepresented in public equity. However, why don't you put the rest in Vanguard FTSE All World and call it a day?
No bonds? Why?
VinhoVerde
by VinhoVerde
Thu Jul 26, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: The volatility explosion of 1933?
Replies: 32
Views: 2310

Re: The volatility explosion of 1933?

This is why I come to this site. Absolutely fantastic information! Does anyone else notice the similarities in the depressions of 1833 and 1929? Both followed a period of widespread warfare by 10-15 years and I'm assuming great governmental expense and general inflation. I wonder if there is some so...
by VinhoVerde
Thu Jul 19, 2018 10:02 pm
Forum: Personal Investments
Topic: $3 Million in Cash at 31; Looking to Invest $2M of it
Replies: 16
Views: 4353

Re: $3 Million in Cash at 31; Looking to Invest $2M of it

I want to echo the sentiments of JBTX, Municipal Bonds from New Jersey may be dicey. Everything I've read about NJ fiscal situation indicate challenges in the long run. Given how young you are, that risk is likely to show up in your lifetime. I'd use a national municipal bond fund to diversify risk....
by VinhoVerde
Wed Jul 18, 2018 7:34 am
Forum: Investing - Theory, News & General
Topic: Titans of Junk: Behind the Debt Binge That Now Threatens Markets [Bloomberg article]
Replies: 14
Views: 2605

Re: Titans of Junk: Behind the Debt Binge That Now Threatens Markets [Bloomberg article]

For some reason I'm used to thinking in S&P ratings instead of Moody's. BBB and Baa are roughly equivalent.they are at the low end of investment grade bond ratings.
VinhoVerde
by VinhoVerde
Wed Jul 18, 2018 5:33 am
Forum: Investing - Theory, News & General
Topic: Titans of Junk: Behind the Debt Binge That Now Threatens Markets [Bloomberg article]
Replies: 14
Views: 2605

Re: Titans of Junk: Behind the Debt Binge That Now Threatens Markets [Bloomberg article]

I've been reading many articles recently like the OP's about record corporate debt levels and the danger this presents if the economy slows. Most of my fixed income is in laddered TIPs and CD's which, of course, have no exposure to this potential problem. However, one of my IRA accounts had a modest...
by VinhoVerde
Mon Jul 02, 2018 11:24 am
Forum: Personal Investments
Topic: Where To Invest College Money Short Term
Replies: 10
Views: 1333

Re: Where To Invest College Money Short Term

Consider buying some Treasury Strips and ladder them to mature 2020-2025. You'd receive approximately 2.5%-2.8% and won't have to pay state taxes.
VinhoVerde
by VinhoVerde
Mon Jun 25, 2018 7:03 am
Forum: Investing - Theory, News & General
Topic: New York Times on current yield curve as powerful signal of recession
Replies: 44
Views: 4762

Re: New York Times on current yield curve as powerful signal of recession

I've read of couple of good "it's different this time" reasons for the current yield curve: (1)-There is enormous demand for long dated bonds from insurance firms and pension plans to match future liabilities now that there are increased yields compared to a couple of years ago. (2)-Due to...
by VinhoVerde
Thu Jun 21, 2018 1:28 am
Forum: Personal Investments
Topic: CD advice
Replies: 2
Views: 566

Re: CD advice

I have a 5 year CD ladder at Caital One 360. I'd put 20k in 1 thru 5 year rungs and convert the 1-4 rungs to 5 years CD's as they mature so you get the highest possible rate. Current 5 year rates are around 2.8%, the earlier years are, of course, less.
VinhoVerde
by VinhoVerde
Wed Jun 20, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: Storing Sustenance for Disasters
Replies: 28
Views: 2642

Re: Storing Sustenance for Disasters

A good online store for emergency food for long term storage is Emergency Essentials.Depending on the type of food you order it will last for 5-25 years unopened and stored at cool room temperature.
VinhoVerde
by VinhoVerde
Fri Jun 15, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 15025

Re: Which boglehead rule do you break--and are ok with

Where to begin? (1)-Own 10% of my portfolio in gold. (2)-I prefer owning individual bonds (TIPs and CD ladders) to Total Bond fund. (3)-Will occasionally market time. Received a large inheritance in the spring of 2017, invested 2/3 in a CD ladder, according to my investment plan. However, I decided ...
by VinhoVerde
Thu Jun 07, 2018 1:45 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 22914

Re: Top Shelf Liquor Overrated?

I'm surprised I didn't see this thread earlier. 42 years of retail "adult beverage" experience here, mainly in wine but I've also sampled enough liquor to have a professional opinion. I've always tried to get the best quality for the money instead of the very very best. This translates int...
by VinhoVerde
Thu May 31, 2018 1:44 pm
Forum: Personal Investments
Topic: Please Help, Huge Decision
Replies: 26
Views: 4719

Re: Please Help, Huge Decision

For simplicity, put the 10K in Vanguard Wellington and call it a day.
VinhoVerde
by VinhoVerde
Sun May 27, 2018 5:32 am
Forum: Personal Investments
Topic: CIT MM Now 1.85% [Money Market]
Replies: 27
Views: 3154

Re: CIT MM Now 1.85%

To Hawk23:
I called CIT on Thursday after I saw their new rate in an ad as I have the Money Market account at 1.75%. The representative said they would be changing existing customers to 1.85% on Friday. I plan to recheck my account online on Monday. If I were you I'd double-check as well.
VinhoVerde
by VinhoVerde
Sat May 26, 2018 7:45 pm
Forum: Personal Investments
Topic: CIT MM Now 1.85% [Money Market]
Replies: 27
Views: 3154

Re: CIT MM Now 1.85%

The 1.88% rate is for the Vanguard Prime MM Fund. About 30% of the assets of this fund are US government obligations. The rest are repos, foreign bank obligations, commercial paper, and domestic bank loans. Cit Money Market is FDIC insured, which carries little counterparty risk. 99.9% of the time t...
by VinhoVerde
Sat May 26, 2018 4:24 pm
Forum: Personal Investments
Topic: CIT MM Now 1.85% [Money Market]
Replies: 27
Views: 3154

CIT MM Now 1.85% [Money Market]

CIT bank now pays 1.85% rate for Money Market accounts. I've used this bank since 2014 and they consistently have the most competitive high yield or MM rates. However, they do play games so you must check periodically to see if you are receiving their newest best interest rate. CIT will occasionally...
by VinhoVerde
Wed May 23, 2018 12:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans To Launch Total World Bond ETF
Replies: 30
Views: 5437

Re: Vanguard Announces Plans To Launch Total World Bond ETF

This is useless to me. I've been looking for a low cost International Bond fund for years that is NOT hedged to the dollar. I don't understand why Vanguard only offers a dollar hedged version of this asset class. In my view, that defeats the purpose of this type of fund.
VinhoVerde
by VinhoVerde
Thu May 17, 2018 2:59 am
Forum: Personal Investments
Topic: Asset Allocation for Aging Parents
Replies: 7
Views: 1425

Re: Asset Allocation for Aging Parents

If I was in this situation I'd go with Wellesley Income fund. About 36% big cap value stocks and 63% intermediate to long term quality corporate bonds. Solid record since 1970. Currently yielding more than 3%, I'd dollar cost average in over 18 months.
VinhoVerde
by VinhoVerde
Mon Apr 30, 2018 2:03 am
Forum: Personal Consumer Issues
Topic: 3 days in London - must dos?
Replies: 31
Views: 3178

Re: 3 days in London - must dos?

You can combine shopping with high tea at Fortnum and Mason's. Also visit Harrods. The Vicoria and Albert museum(V&A) is spectacular. It consists of centuries of decorative arts from all over the world. As many have be mentioned before, the British Museum contains some of the most breathtaking o...
by VinhoVerde
Tue Apr 24, 2018 4:14 am
Forum: Personal Finance (Not Investing)
Topic: Cashing out of the Bay Area
Replies: 84
Views: 15327

Re: Cashing out of the Bay Area

Bungo: I have an acquaintance who moved from the Bay Area around 2004-2005 to Columbia South Carolina to retire. Sold their California 1700sq. Ft. 1960,s era ranch house for around 600k and bought a brand new 3000sq. Ft house for the low $300's. They miss nether the high taxes and cost of living or ...
by VinhoVerde
Thu Apr 19, 2018 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One now at 1.85 [Money Market Rate To 1.85% APY]
Replies: 57
Views: 9547

Re: Capital One 360 Money Market now at 1.5%

This very day I opened up a Capital One 360 Money Market account at the 1.75% interest rate. I moved a substantial portion from my Premier High Yield account which pays only 1.55%. I think I know what's going on here. A couple of months ago I called about the interest rate on my High Yield Capital O...
by VinhoVerde
Thu Apr 19, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: Unimpressive category averages of managed futures, multialternative, market neutral, etc.
Replies: 89
Views: 11889

Re: Unimpressive category averages of managed futures, multialternative, market neutral, etc.

Looking at the GLD vs VMMXX chart above, GLD, a ETF proxy for physical gold, is indeed a good diversifier for a stock/ bond portfolio and does outperform a month money market fund. In 2010-2011 the price almost doubled when it was widely believed that congress would allow the treasury to default on ...
by VinhoVerde
Thu Apr 19, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Unimpressive category averages of managed futures, multialternative, market neutral, etc.
Replies: 89
Views: 11889

Re: Unimpressive category averages of managed futures, multialternative, market neutral, etc.

It is my contention that gold is a separate asset class from commodities or currencies. I communicate with an humble mini iPad and am unable to reproduce Nisiprius charts. Is anyone able to reproduce a 10 year chart with GLD versus VMMXX?
Thanks,
VinhoVerde
by VinhoVerde
Tue Apr 17, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 15644

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Hate to be the contrarian here but I don't see how the OP fixed income options could possibly provide the amount needed for a 50 year retirement duration. They are all nominal bonds. I went to usinflation.com, plugged in $1,500,000 in 1968, and the result stated one would need over $10,750,000 to bu...
by VinhoVerde
Mon Apr 09, 2018 6:29 am
Forum: Personal Investments
Topic: Ray Dalio - All-weather - which Vanguard EFTs to invest?
Replies: 20
Views: 10907

Re: Ray Dalio - All-weather - which Vanguard EFTs to invest?

I use a hybrid strategy of the Dalio's All Weather Portfolio. The investment vehicles you use would match the asset classes advocated by this portfolio but I have a question and one reservation. (1)-Why do you use two gold ETF's ( GLD & IAU) instead of just one? IAU has lower fees and is quite l...
by VinhoVerde
Sun Apr 08, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Relocation to Atlanta
Replies: 16
Views: 2209

Re: Relocation to Atlanta

I've lived in Atlanta since 1971 so I think I can help you here. I'm going to offer you some contrarian advice from previous posters. Given that: (1)-Your relatives want easy access to Hartsfield Jackson airport. (2)-they will need frequent access to Anniston AL due to an in-law having periodic heal...
by VinhoVerde
Sat Apr 07, 2018 1:53 pm
Forum: Personal Investments
Topic: Anything that Has Great Long Term Returns but Is Underperforming In the Current Cycle?
Replies: 7
Views: 1316

Re: Anything that Has Great Long Term Returns but Is Underperforming In the Current Cycle?

Value stocks have significantly underperformed Growth over the last 10 years. A previous poster mentioned Mid Caps too. How about considering Mid Cap Value.
VinhoVerde
by VinhoVerde
Mon Apr 02, 2018 1:55 pm
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 7428

Re: Treasury Floating Rate Note-Has its Time Arrived?

I must be missing something. 3 month Tnote pays 1.74, the rate TFRN would pay today if a coupon payment was due. Vanguard Federal MM pays an SEC yield of 1.5%. I get .24% extra. I think. What am I missing?
Plus, I have less counterparty risk.
VinhoVerde
by VinhoVerde
Mon Apr 02, 2018 12:02 pm
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 7428

Re: Treasury Floating Rate Note-Has its Time Arrived?

I just called the Vanguard Fixed Income Desk and asked if I could purchase Treasury FRN's at auction and sell them in the secondary market before the 2 year term is up. Their answer was yes. That clears up the liquidity issue from my standpoint. I have 200K sitting in Vanguard Federal MM that I'll p...
by VinhoVerde
Fri Mar 30, 2018 2:53 pm
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 7428

Re: Treasury Floating Rate Note-Has its Time Arrived?

I can answer my own question. According to Treasury.gov: "No. To sell marketable securities that are in your TreasuryDirect account, you must transfer the securities to a broker/dealer account. The broker/dealer can sell the securities for you." Somewhat of a hassle, but it is possible if ...
by VinhoVerde
Fri Mar 30, 2018 2:40 pm
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 7428

Re: Treasury Floating Rate Note-Has its Time Arrived?

I think I read that if you have a treasury account, you can instruct them to sell your Treasury bills on the secondary market. Can anyone confirm this? If so, there's your liquidity.
VinhoVerde
by VinhoVerde
Fri Mar 30, 2018 1:06 am
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 7428

Re: Treasury Floating Rate Note-Has its Time Arrived?

Attraction is its a super secure way to own cash, in huge amounts if lucky, and receive slightly superior yield. It is my understanding that anFRN pays the 13 week Tbill coupon and is adjusted every three months. Current 13 Tbill effective yield is 1.72% according to WSJ.
VinhoVerde
by VinhoVerde
Fri Mar 30, 2018 12:31 am
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 7428

Re: Treasury Floating Rate Note-Has its Time Arrived?

Thought of one use for Treasury FRN's. If you believe in holding cash in your long-term portfolio, and anticipate no short term need for it, you could ladder these notes to mature every 6 months for easy access. They seem to pay more, 1.72% versus 1.49% as of today, than Vanguard Federal MM fund and...
by VinhoVerde
Thu Mar 29, 2018 8:44 am
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 7428

Treasury Floating Rate Note-Has its Time Arrived?

Looking back at in Bogleheads archives I find little discussion on Treasury Floating Rate Notes. To summarize, they are 2 year notes whose rate is tied to the 13 week Treasury and adjusted every three months. Isn't this the perfect time to buy an instrument like this? In the near term rates are expe...
by VinhoVerde
Wed Mar 28, 2018 2:13 pm
Forum: Investing - Theory, News & General
Topic: Mutual funds that invest in physical gold?
Replies: 27
Views: 3716

Re: Mutual funds that invest in physical gold?

There is a closed end fund named Central Fund of Canada that contains a mixture of Gold and Silver bullion.
VinhoVerde
by VinhoVerde
Wed Mar 28, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 13775

Re: How Do You Value Your Home for Net Worth Purposes?

My house is counted as a pre-paid expense. It is a consumption item. I need it for shelter. It will, however, become an asset for my child to sell when I pass away.
VinhoVerde
by VinhoVerde
Sun Mar 25, 2018 3:05 am
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 15507

Re: Seasoned bogleheads repressing the thought of lower expected returns

There are some common sense lifestyle changes and investment adjustments one can make if you suspect you'll be in a low return environment in the near or medium term. While the times are still good prepay for as much as you can: (1)-own your house, car, or any major capital expense. Don't owe no mon...
by VinhoVerde
Fri Mar 23, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation
Replies: 172
Views: 53356

Re: Grok's Tip #8:Retire Worry-Free with TIPs as a foundation

Grok87: I want to thank you for initiating this thread in 2011. I came across it around 2012 when at age 58, I was furiously researching what to do in the distribution phase of retirement. I implemented a simplified version of a TIPS ladder in 2013-2014 by purchasing TIPS that begin maturing at age ...
by VinhoVerde
Fri Mar 23, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Online Savings Account Reservations???
Replies: 23
Views: 4139

Re: Online Savings Account Reservations???

I moved my 12 month emergency fund to CIT High Yield account in 2014. Currently yielding 1.55%, they have consistently been in the top tier of interest rates over the last 4 years. I believe you can get 4-5 free distributions per month. ( please double-check that) I dump my 401k distribution there e...
by VinhoVerde
Thu Mar 15, 2018 3:47 am
Forum: Personal Consumer Issues
Topic: Stephen Hawking - how would he have fared in America
Replies: 9
Views: 1988

Re: Stephen Hawking - how would he have fared in America

I'm sure there is some way to notify the moderators when someone is posting polically motivated material but I can't readily find it. This would be a good time for them to relay this information.
This is the second time in the last month I've come across this type of thing.
VinhoVerde
by VinhoVerde
Mon Mar 12, 2018 2:32 am
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 278
Views: 32049

Re: What is your favorite reasonably priced bourbon?

Elija Craig Small Batch 94 Proof is a great value that sells for around $30 per bottle. It's a smoother style (not bland) made from a blend of 8 year and 12 year old barrels. Not quite as good as their old 12 year old, but still a great deal.
VinhoVerde
by VinhoVerde
Sun Mar 11, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Global Revenue Exposure of Your Stock Portfolio?
Replies: 30
Views: 3199

Re: Global Revenue Exposure of Your Stock Portfolio?

Simplegift: Thanks for the additional information. Upon reflection, I find that my 50/50 blend of Vanguard Total Stock and Vanguard FTSE ex US does more accurately reflect the US share or world GDP (28%) instead of stock market cap. I'm curious which benchmark one should use to base their asset allo...
by VinhoVerde
Sun Mar 11, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: Global Revenue Exposure of Your Stock Portfolio?
Replies: 30
Views: 3199

Re: Global Revenue Exposure of Your Stock Portfolio?

This is great stuff! Is it possible to determine if investing styles, Value and Growth, make a difference in the amount of international exposure? With this new information you have graciously provided I find my self ridiculously over exposed to foreign revenue with my current 50/50 Vanguard Total S...
by VinhoVerde
Tue Feb 27, 2018 8:34 am
Forum: Personal Investments
Topic: Added Cash upsets my AA
Replies: 10
Views: 938

Re: Added Cash upsets my AA

I would dollar cost average in over an 18 month period of time to your desired 40/60 asset allocation. I had a similar inheritance "problem" in 2007. Glad I averaged in over 18 months instead of doing it immediately!
VinhoVerde
by VinhoVerde
Wed Feb 07, 2018 7:24 am
Forum: Investing - Theory, News & General
Topic: Indexing the next bubble?
Replies: 24
Views: 3707

Re: Indexing the next bubble?

"No merit to it. The nightmarish world where almost everyone invests for the long term, passively through indexes, rather than speculating and day-trading, where the distraction of the stock market is downplayed in favor of long-term return from profitable companies, is a future I welcome. Vang...
by VinhoVerde
Thu Feb 01, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: Gold IRA with pretty low costs
Replies: 16
Views: 2189

Re: Gold IRA with pretty low costs

Technovelist: Do you know anything about the financial stability of Gold Star Trust? What are your rights if the company goes bankrupt? I would suggest you look up the Perth Mint in Australia. They are owned by a state( Western Australia) which has a AA+ rating. You can buy it unallocated or allocat...
by VinhoVerde
Tue Jan 30, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 806
Views: 184564

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

The above posts have finally given me a name for my portfolio. I balanced into the asset allocation listed below in 2003 after being disappointed with the traditional 60/40 portfolio after the dot com bust: 10% Gold( ETF Swiss Gold Trust SGOL+gold bullion+gold coins) 55% Fixed Income ( Vanguard Tota...
by VinhoVerde
Thu Jan 25, 2018 7:11 am
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 244
Views: 29921

Re: In what ways could BogleHeads be badly wrong ?

"The one I see is inflation risk to the bond portion of a portfolio. There is *some* talk of TIPS, etc. but the returns have been so poor for so long on them that they are rarely more than a small portion of most people's holdings, if at all. (I think this is a classic case of recency bias - bu...
by VinhoVerde
Tue Dec 05, 2017 7:03 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 76
Views: 10190

Re: Dad Needs Help Buying Wedding Liquor

I was employed by a liquor/beer/ wine retail chain until retirement in 2014. I've done these calculations thousands of times. Vodka--Smirnoff Gin-Bombay Rum-Bacardi Bourbon-Jack Daniel Black Scotch-Johnny Walker Red Whiskey- Don't need this Dry Vermouth- Martini & Rossi Sweet Vermouth-Martini &a...