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@Derf - Thanks for your question. My wife and I are invested in a similar ratio as you; much larger allocation to VWIAX than this new, very modest investment in PRCFX (just a toe hold). VWIAX holds a 35% position in an IRA requiring RMDs, and now t…
Shifted some funds from VWIAX to PRCFX and MMKT. Still holding on to a significant (for me) allocation to VWIAX thinking with potential rate hike cuts later this year, it would gain ground with its investment in interm-term bonds.
While investing in EQUITY index funds (VTSAX; VDADX), this retiree invested in some safety medium term with 10-yr indy TIPS, and 2-yr Treasury notes. I’ll let the equity side do the heavy traveling while the treasuries stay safe at home.
@Old_Joe - Here’s a related post from the bogleheads…
https://www.bogleheads.org/forum/viewtopic.php?t=374405
There had been a good deal of discussion there regarding defined maturity bond etfs.
Hey @Old_Joe - I’ve been interested in laddering their cousins, the ishares ibonds (IBDQ - 2yr and IBDR - 3yr) term maturity bond etfs, and as a full disclaimer, I’m a novice when it comes to these etfs and individual bills, notes, and bonds. The e…
@BenWP - Yes, it was David Sherman who proposed the challenge. I was intrigued with following the contest, so bought equal amounts of both funds in April. I’ve been thinking that OSTIX out-performance against RSIVX might be due to its lower ER, as …
This “bean-head” enjoys our Nespresso machine with Roma, Ristretto, Kazar, or Organic Peru coffee pods. Fill the water reservoir, heat the milk, or in my case 1% oatmilk, choose your desired pod, pop it in, press the button 2x, and as Jackie Gleason…
Just purchased 1-yr treasury auction in IRA and Brokerage accounts at 5.2x. Still not comfortable buying Agencies or CDs. Was also looking to purchase 2-yr treasury auction, but when it dipped below 5% I said, “nope.” Rather stay for now in VG mone…
Continuing to add minimum amounts to current positions in OSTIX and RSIVX. Waiting to see tomorrow’s 1-y and 2-y treasury auction on Wednesday. Hesitant to step foot in the secondary market for 2 and 3-y treasuries, though I’d like to lock-in thes…
@racqueteer - I was with AMICA for auto, umbrella, and renter insurance. Just gave our car to grandson and dropped the auto insurance. Rates for NYC were the most reasonable of all the others. Previously had Progressive, which pumped their fees ea…
@FD1000 - always appreciate that you have a system that works for you, along with the brass balls (can I write “balls” here) to support it. My “pair” are just fleshy and when they’re tweaked, I find it very painful; whereas yours…
Still, I did hee…
“ You have heard the saying, "Buy low, sell high," correct?”
So, my thinking goes, “why not wait a little longer…rest in the mmkt sweet spot with 5%+ for a while. The 3,6,12-month t-bills ain’t bad either.”
@Hank - point taken; and ooh, yes, let’s add an F) All of the above. Of course if it’s a test, we’re grading on a curve, yes? ;-)
@Old_Joe - it always feels good when you’re understood. Appreciate you!
@rforno - I like buying on down days, but…
@sti…
Sold the remaining funds in our VG short-term treasury fund into VMFXX settlement fund. Preparing to invest in individual bonds beyond 6-months as well as adding to VDADX and VTSAX.
We’re continuing to rotate VG short-term corporates and treasury funds into 6-month t-bills at 5%+ and Mmkt at 5.3%. Got tired of watching increasing interest rates eat away at total return on funds.
@BaluBalu - I’m mentally pulled in three directions: 1) Buy the Dip in Equities, 2) purchase 3,6,12, or 2-yr treasuries, or 3) just leave the cash in VMFXX and collect monthly. Sheesh! What’s a retiree to do? Well, at least there’s a choice.
Bought into a 17-week t-bill on Tuesday and yesterday’s investments in VTSAX and VDADX. This after moving a chunk of VG short-term corporates to the sidelines.
Hello @Tarwheel - my thoughts are with you as I’ve become increasingly impatient with the bond funds I still own, having sold quite a few to end the money drain, investing in both Mmkt and individual treasuries. As you know, our bond funds have a h…
Just rotated funds from VBIRX to VMSIX (new fund for me) PIMIX (added to existing), and VWIAX (existing fund). Already in VG Ultra short fund and VG settlement cash. Decided to piggyback on the rising Multi sector bond funds, and continue adding t…
I have given up on TAN, ICLN, and VPU. I thought I’d enjoy watching these 3 with minimal investments, and found myself irritated with the volatility - mostly to the down side. Plus, I’ve found that if I don’t see myself adding to funds I hold, why…
@dryflower - I did a quick look back comparing RSP and SPY using PV with starting ranges of 2007-2010, followed by extending the end date through to 2020. (Since I’m using a free version I’m unable to link the charts).
- From Oct 2007 through Mar 20…
“There’s a passage in Ernest Hemingway’s novel The Sun Also Rises in which a character named Mike is asked how he went bankrupt. “Two ways,” he answers. “Gradually, then suddenly.”
Technological change happens much the same way.” - Tim O’Reilly http…
I’ve been trying to lean into investing in the equal weight proposition. I think the supposition is, if the top heavy-weighted stocks in the S&P 500 were to drop in value, then the other 490+ stocks would increase in value through the top-heavy…
So many obstacles now to converting empty office buildings including old zoning laws, and the fear of lost equity in nearby homes to be but a few. Interesting read, but will probably be behind a NYTimes paywall. https://www.nytimes.com/2023/07/01/u…
At 63, my wife and I determined we had reached our “number,” and decided to reduce our equity allocation while both of us were still working. Since we were aware stocks could drop by 50%, we figured to reduce our possible equity loss by allocating …
I remember during the 70s that the downtown NYC manufacturing spaces were abandoned, leading to a haven for artisans, artists, and performers. It wasn’t long before it became NY’s “SoHo.”
I’ve been rolling my 3,6,12-month t-bills while still holding (for me) considerable cash in a VG money market settlement account. It made sense to me given that t-bills are not subject to state tax and I live in a high tax state (NY).
I’m wondering what the fat-cat GOP donors are saying to their elected officials? I can’t imagine they’d be happy with the down-grading/destruction of their wealth just to keep low income folks off food stamps.
