Search found 1988 matches

by FelixTheCat
Fri Jul 03, 2020 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 21513

Re: What to do with all this MONEY ?

How do you feel about leaving inheritances ? I will be thankful of any thing I can learn from the Forum, thanks in advance My feelings about inheritances depend on the child. I know hard working children that would do fine with an inheritance. Then there are the children who do absolutely nothing i...
by FelixTheCat
Fri Jul 03, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: CALPERS taking on leverage: Is leverage becoming more mainstream?
Replies: 25
Views: 1921

Re: CALPERS taking on leverage: Is leverage becoming more mainstream?

I've never had a pension. How can CALPERS guarantee a 7% return based on their investments? Is it calculated or wishful thinking?
by FelixTheCat
Thu Jul 02, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 164
Views: 20875

Re: Landlords: How are you doing this year?

I own 1 rental. Tenant is paying on time. My only issue is getting the tenant to water the lawn.
by FelixTheCat
Tue Jun 30, 2020 5:34 pm
Forum: Personal Investments
Topic: LQD Corporate Bond ETF
Replies: 6
Views: 470

Re: LQD Corporate Bond ETF

I will bet people are looking for yield because there's very low yield in the money markets.

LQD is the ETF analyst pick on ETF.com. It has a 2.22% 30 day SEC Yield.
by FelixTheCat
Tue Jun 30, 2020 1:56 pm
Forum: Personal Consumer Issues
Topic: Your best Charity suggestion Please!
Replies: 22
Views: 789

Re: Your best Charity suggestion Please!

Look at the High Impact Giving Guide https://www.impact.upenn.edu/toolkits/high-impact-giving-guide/ The guide has a lot of categories to help you narrow down your choices. For example, Feeding America and Direct Relief has been advertised by the President and a lot of Corporations during the COVID-...
by FelixTheCat
Tue Jun 30, 2020 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Daf (donor-advised fund) strategies
Replies: 23
Views: 1224

Re: Daf (donor-advised fund) strategies

I fund my DAF based on how the market is doing. I trim a little off my taxable account and send it to my DAF during good years. I have about 9 years funded based on my auto scheduled grants.
by FelixTheCat
Tue Jun 30, 2020 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1977

Re: Switching from W2 to 1099 contractor. Seeking advice.

I'm a independent contractor working 1099 from a former employer. I work as a sole proprietor. You must file estimated taxes quarterly. I used Turbo Taxes Self-Employed software to track miles, income and expenses. There's other software out there but TT Self employed is free for Turbo Tax users. Ex...
by FelixTheCat
Mon Jun 22, 2020 1:39 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisors Services
Replies: 78
Views: 5981

Re: Vanguard Personal Advisors Services

oldcomputerguy wrote: Sun Jun 21, 2020 9:00 am Our experienced members should read: Please Do Not Bite the Newcomers
Thanks for the laugh. Love Thy Boglehead Neighbor.
by FelixTheCat
Fri Jun 19, 2020 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Parents in a tough situation for retirement
Replies: 117
Views: 13718

Re: Parents in a tough situation for retirement

I'll take a different route. Research all of the government programs that provide assistance. Find all of the local charities in your parents area: Food Banks, Meals on Wheels, Churches, Free Clinics, etc. Lastly, look at all of the utilities that offer assistance to low income individuals. Maybe yo...
by FelixTheCat
Fri Jun 19, 2020 12:45 pm
Forum: Personal Investments
Topic: How often to contribute to Roth?
Replies: 38
Views: 1958

Re: How often to contribute to Roth?

I fund once. At the beginning of the year.
by FelixTheCat
Thu Jun 18, 2020 5:52 pm
Forum: Personal Investments
Topic: Solo 401K Account Investment Planning
Replies: 15
Views: 687

Re: Solo 401K Account Investment Planning

my advisor does not provide any solo 401k admin services including 5500, i do it myself with help from my CPA. Why do you pay advisor fees? No services = No fees. I have a Vanguard Individual 401K and a Roth 401K. I pay zero fees. To answer your investment question, You can go with the two-fund por...
by FelixTheCat
Thu Jun 11, 2020 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Investment selections for DAF
Replies: 10
Views: 495

Re: Investment selections for DAF

Archean wrote: Wed Jun 10, 2020 9:31 am We have done 50% stock index and 50% bond index
I am 50% stock index and 50% bond index. My grants are on auto grant. I rebalance about once a year.
by FelixTheCat
Wed Jun 10, 2020 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Giving
Replies: 28
Views: 1769

Re: Charitable Giving

Here's an example site for Fidelity Charitable. You will find out it is very easy to use. https://www.demo-charitablegift.com/cgf ... ount-list/
by FelixTheCat
Tue Jun 09, 2020 6:32 pm
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 331
Views: 23176

Re: Tips to stick to a weight loss diet?

I've lost 75 lbs in the last year with about that much more to go. So I was morbidly obese. I've lost 50+ lbs several times in the past and 100 lbs another time. I believe I am an expert at losing weight but obviously not at keeping it off. Right now I track everything I eat. I use WW which assigns...
by FelixTheCat
Tue Jun 09, 2020 2:49 pm
Forum: Investing - Theory, News & General
Topic: Any good monthly distribution equity ETFs?
Replies: 14
Views: 1031

Re: Any good monthly distribution equity ETFs?

I started looking at High Yield Equity ETFs https://www.etf.com/channels/high-dividend-yield Vanguard High Dividend Yield ETF (VYM) has an 30 day SEC of 3.64%. Distributions are quarterly.
by FelixTheCat
Tue Jun 09, 2020 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Can I give a loan to my buddy to buy a boat?
Replies: 81
Views: 4911

Re: Can I give a loan to my buddy to buy a boat?

Too many red flags. Just say No.
by FelixTheCat
Fri Jun 05, 2020 12:57 pm
Forum: Investing - Theory, News & General
Topic: Yet another yield question
Replies: 50
Views: 2951

Re: Yet another yield question

I have one account that generates dividends to supplement my contractor income. My pay is very sporadic. I use VYM - Vanguard High Dividend Yield ETF with an 30 day SEC Yield of 3.64%.
by FelixTheCat
Fri Jun 05, 2020 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Saving/Investing for Young Child
Replies: 29
Views: 1889

Re: Saving/Investing for Young Child

Taxable brokerage account in your name. You pay the taxes on interest and capital gains. You keep control of the money in case the little darling isn't ready for the $$$.

Vanguard S&P 500 Index or Vanguard Total Stock Market Index. Buy the ETF version if you don't have the $3K minium.
by FelixTheCat
Thu Jun 04, 2020 4:32 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity
Replies: 148
Views: 15350

Re: Vanguard vs. Fidelity

You can buy Vanguard ETFs at Fidelity. The only problem is not all Vanguard funds have an ETF.

There's no reason to switch your account to Fidelity unless you like consolidating all of your accounts at one place.
by FelixTheCat
Wed Jun 03, 2020 1:50 pm
Forum: Personal Investments
Topic: VG Digital Advisor vs LifeStrategy Fund in Taxable
Replies: 17
Views: 1121

Re: VG Digital Advisor vs LifeStrategy Fund in Taxable

My curiosity is would you open a new account and put in $3K for the advice?
by FelixTheCat
Fri May 29, 2020 12:12 pm
Forum: Personal Investments
Topic: Buying Voo - Robinhood or Vanguard?
Replies: 41
Views: 2637

Re: Buying Voo - Robinhood or Vanguard?

+1 for Fidelity. I buy ETFs at Fidelity and they are zero commission for Vanguard funds.
by FelixTheCat
Thu May 28, 2020 4:31 pm
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 331
Views: 23176

Re: Tips to stick to a weight loss diet?

The only that works for me is logging everything into MyFitnessPal and not exceeding the caloric goal. I tend to eat healthier because I can eat more food like vegetables.
by FelixTheCat
Thu May 28, 2020 3:57 pm
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 63
Views: 4760

Re: Any retirees get through Covid crisis without large cash reserve?

What did you guys do in 2008 and you lost 40% in equities? Did you simply draw off your bond funds?
by FelixTheCat
Thu May 28, 2020 3:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Funds
Replies: 237
Views: 34595

Re: Vanguard High Dividend Yield Index Fund

Here's a Vanguard link https://advisors.vanguard.com/iwe/pdf/FASINVMP.pdf that show model portfolios. There is a income series.
by FelixTheCat
Fri May 22, 2020 1:35 pm
Forum: Personal Investments
Topic: I freaked out…now what?
Replies: 60
Views: 6383

Re: I freaked out…now what?

I’ve never sold on fear in my life and know better, but on 3/13 I sold 100% of my investments. My investments were about a 50/50 allocation. You have the wrong AA for you since you sold based on fear. Maybe 40/60 is a better AA for your tolerance level. You really think 40/60 would have made a diff...
by FelixTheCat
Fri May 22, 2020 1:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Funds
Replies: 237
Views: 34595

Re: Vanguard High Dividend Yield Index Fund

Here were my original thoughts. For a retiree (or any investor) who desires additional dividend income, I would think this one fund would compliment the Total Stock Index. Vanguard High Dividend Yield - 3.66% REITs - 3.22% but it really is not this high!!! That "yield" for lack of better ...
by FelixTheCat
Thu May 21, 2020 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Kids savings account vs UTMA?
Replies: 4
Views: 492

Re: Kids savings account vs UTMA?

I would tell Dad to keep his money. Suggest to him he can spoil the grand children every once in a while with presents or adventures. A nice trip to the zoo with Grandpa would be a fun adventure everyone would enjoy. :-)
by FelixTheCat
Thu May 21, 2020 3:26 pm
Forum: Personal Investments
Topic: I freaked out…now what?
Replies: 60
Views: 6383

Re: I freaked out…now what?

evonboeck wrote: Thu May 21, 2020 1:44 pm I’ve never sold on fear in my life and know better, but on 3/13 I sold 100% of my investments.

My investments were about a 50/50 allocation.
You have the wrong AA for you since you sold based on fear. Maybe 40/60 is a better AA for your tolerance level.
by FelixTheCat
Tue May 19, 2020 12:02 pm
Forum: Personal Investments
Topic: Best place to hold 100k emergency fund?
Replies: 25
Views: 2757

Re: Best place to hold 100k emergency fund?

I have a three year EF. It's primarily used to draw on in case the market tanks badly (think 2008) so I don't have to draw on equities. Personally, I couldn't put my money in a CD or money market hoping to get 1%. I went with the short-term bond index fund that is up 3.26% ytd.
by FelixTheCat
Fri May 15, 2020 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property: experiences with property management companies?
Replies: 11
Views: 870

Re: Rental property: experiences with property management companies?

What went wrong with the one-man shop? Was it something inherent to it being one person, or just generally a bad experience? The one-man shop was probably just the person. I had tenants I had to evict. Tenants that damaged the property slightly and the manager did nothing. Usually a month+ vacancy ...
by FelixTheCat
Fri May 15, 2020 1:46 pm
Forum: Personal Investments
Topic: My son's (age 9) investments.
Replies: 20
Views: 1716

Re: My son's (age 9) investments.

I would have one account. Fund Total Stock Market or S&P 500. So one of his accounts is VTI only. Would you change anything about this? I dont plan on turning this account over to him until he is 25ish. Then I would hope he just continues to hod on it. I would not change a thing. Fund VTI.
by FelixTheCat
Fri May 15, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property: experiences with property management companies?
Replies: 11
Views: 870

Re: Rental property: experiences with property management companies?

I've had two property managers. I had a less than mediocre experience with a one-person real estate person that part-timed as a property manager. I've had excellent experience with a property management firm. They interview tenants, video tape the property before the tenants occupy, handle all maint...
by FelixTheCat
Thu May 14, 2020 4:43 pm
Forum: Personal Investments
Topic: My son's (age 9) investments.
Replies: 20
Views: 1716

Re: My son's (age 9) investments.

I would have one account. Fund Total Stock Market or S&P 500.
by FelixTheCat
Thu May 14, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Secretly Retired - Family doesn't know
Replies: 27
Views: 3072

Re: Secretly Retired - Family doesn't know

I mistakenly told a friend I paid off my home. He thinks it's his job to tell me how to spend my money. Keep your financial status a secret. Except, tell us how you retired so early. Business? Investing?
by FelixTheCat
Wed May 13, 2020 12:33 pm
Forum: Investing - Theory, News & General
Topic: Is Warren Buffett's investing approach outdated?
Replies: 16
Views: 1524

Re: Is Warren Buffett's investing approach outdated?

I wanted to get your thoughts on Warren Buffett's investing approach, if you think it is outdated, and if he should change anything going forward? I never understood why people question Buffett's methodology unless you have made more than $86 billion through investing. Remember, he made his wealth.
by FelixTheCat
Tue May 12, 2020 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Asking renter to obtain renter's insurance; what benefits to highlight?
Replies: 18
Views: 1067

Re: Asking renter to obtain renter's insurance; what benefits to highlight?

Why? Renters insurance has everything do to with the renter's property and nothing to do with the landlords property. From State Farm website What it covers If you rent an apartment or home from a landlord, they won’t be responsible for any damages to your personal property in the case of a break-in...
by FelixTheCat
Tue May 12, 2020 1:33 pm
Forum: Personal Investments
Topic: Vanguard or Fidelity Advising Services?
Replies: 16
Views: 939

Re: Vanguard or Fidelity Advising Services?

Cheez-It Guy wrote: Tue May 12, 2020 12:45 pm Vanguard has launched or is launching a digital advisor service for 0.15% of assets under management if you don't need a lot of human interaction.
It looks pretty good. Do you know if anyone has used it?
by FelixTheCat
Tue May 12, 2020 12:45 pm
Forum: Personal Investments
Topic: Odd advice for 401K and IRA
Replies: 23
Views: 1312

Re: Odd advice for 401K and IRA

FIL is guessing about the market.
by FelixTheCat
Fri May 08, 2020 1:24 pm
Forum: Personal Investments
Topic: Rental Property - Exit Plan!
Replies: 30
Views: 3548

Re: Rental Property - Exit Plan!

That said, I hate to “sell the cash register” on a property that is bringing in cash flow and appreciating nicely. Mackis I have positive cash flow rental property. It's a constant source of income I use to buy more equities. When I retire, the rental property will be a constant source of income so...
by FelixTheCat
Wed May 06, 2020 2:46 pm
Forum: Investing - Theory, News & General
Topic: Total market or S&P 500?
Replies: 44
Views: 4127

Re: Total market or S&P 500?

I went through the same scenario. Buffett repeatedly says S&P 500. My own analysis shows me that VOO provides similar returns with less volatility than VTI. I wish I could find a video where Bogle says "Invest in Vanguard Total Stock Market Index Fund." All I find is Mr. Bogle says we ...
by FelixTheCat
Mon May 04, 2020 12:47 pm
Forum: Investing - Theory, News & General
Topic: Who is your all time favorite investor and why?
Replies: 52
Views: 3001

Re: Who is your all time favorite investor and why?

Mom. She told me at an early age to save something from each paycheck.
by FelixTheCat
Tue Apr 28, 2020 3:31 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1294
Views: 145009

Re: Jack Bogle - Two Fund Portfolio

Here's something I need a little clarification. I ran a Backtest Portfolio Asset Class Allocation scenario on Portfolio Visualizer. Invest 1 MM in Large Caps, 1 MM Mid Caps and 1 MM Small Caps. Over a 48 year period, Large Caps returned 92 MM Mid Caps returned 169 MM Small Caps returned 142 MM Why ...
by FelixTheCat
Tue Apr 28, 2020 2:47 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1294
Views: 145009

Re: Jack Bogle - Two Fund Portfolio

Here's something I need a little clarification. I ran a Backtest Portfolio Asset Class Allocation scenario on Portfolio Visualizer. Invest 1 MM in Large Caps, 1 MM Mid Caps and 1 MM Small Caps. Over a 48 year period, Large Caps returned 92 MM Mid Caps returned 169 MM Small Caps returned 142 MM Why i...
by FelixTheCat
Tue Apr 28, 2020 2:40 pm
Forum: Investing - Theory, News & General
Topic: S&P500 >>> Total Stock Market?
Replies: 30
Views: 2717

Re: S&P500 >>> Total Stock Market?

Go to Portfolio Visualizer. Run Backtest Portfolio Asset Class Allocation for different years/scenarios. If you're bored, look at how small caps/mid caps compare to large caps over the last 48 years. Lots of swings back and forth with no winner? Honestly you should just consider them the same. I ha...
by FelixTheCat
Tue Apr 28, 2020 1:22 pm
Forum: Investing - Theory, News & General
Topic: S&P500 >>> Total Stock Market?
Replies: 30
Views: 2717

Re: S&P500 >>> Total Stock Market?

Go to Portfolio Visualizer. Run Backtest Portfolio Asset Class Allocation for different years/scenarios. If you're bored, look at how small caps/mid caps compare to large caps over the last 48 years.
by FelixTheCat
Tue Apr 28, 2020 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7634

Re: How do you explain no COVID19 Stimulus Payment?

I tell people "I haven't received mine yet."
by FelixTheCat
Fri Apr 24, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC for emergency
Replies: 26
Views: 1677

Re: HELOC for emergency

Nate79 wrote: Thu Apr 23, 2020 8:14 pm I go against the normal advice here and say that a HELOC is not an emergency fund.
+1

Build up a cash account.
by FelixTheCat
Thu Apr 23, 2020 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: DAF - Vanguard or Fidelity? (donor advised fund)
Replies: 35
Views: 4225

Re: DAF - Vanguard or Fidelity? (donor advised fund)

Hi, can someone please share instructions on how to contribute to a fidelity daf with vanguard funds? I am looking into opening a fidelity DAF and will be funding it initially with some appreciated ETF shares in a vanguard fund. thank you There is an option to Contribute from a non-Fidelity brokera...