Search found 257 matches

by jhogue
Wed Mar 20, 2019 1:04 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 141
Views: 8803

Re: Will Trump be Re-elected?

So here is my 2nd post on "public" transportation in the USA: (Hopefully then we can get back on topic!) I. Unlike the Swiss, the American rail system (Amtrak) is expensive, inconvenient, and not well-connected. The USA will never be connected by a European-style rail network. The geographical dista...
by jhogue
Wed Mar 20, 2019 9:17 am
Forum: Bonds
Topic: FNBGX vs. individual bonds at Fidelity
Replies: 14
Views: 190

Re: FNBGX vs. individual bonds at Fidelity

foglifter: 1. Fidelity's secondary Treasury market is so liquid you can watch the yield changes by 0.01% increments in real time on their pop-out chart for bond yields.Try it some time. It is free. 2. There is a bid/ask spread for buying/selling Treasurys. That's how Fidelity makes money on its auto...
by jhogue
Mon Mar 18, 2019 6:58 pm
Forum: Bonds
Topic: FNBGX vs. individual bonds at Fidelity
Replies: 14
Views: 190

Re: FNBGX vs. individual bonds at Fidelity

I agree. It would be nice to have a cheaper TMMF from Fidelity. That said, anybody who has a Fidelity money market account should understand that this is a highly profitable business for the privately-held company. By one estimate, Fidelity, which is now the largest manager of money market funds in ...
by jhogue
Mon Mar 18, 2019 3:32 pm
Forum: Bonds
Topic: FNBGX vs. individual bonds at Fidelity
Replies: 14
Views: 190

Re: FNBGX vs. individual bonds at Fidelity

I like buying LLTs directly, but I also own the ETF “TLT” (ER = 0.15%) in a smaller tax deferred account. FNBX (ER = 0.03%) looks dirt cheap in comparison to TLT, now that Fidelity slashed the ER in line with their current advertising program. That said, there is nothing that I know of that prevents...
by jhogue
Sat Mar 16, 2019 1:03 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 141
Views: 8803

Re: Will Trump be Re-elected?

Ugh. I fear that I am about to help hijack this thread from its original topic. Maybe Xan can figure out how to branch this topic off as another thread? Oh well, the 2020 election is a long way off…. Let me suggest that we can advance our debate about rail by comparing the US system to the country w...
by jhogue
Thu Mar 14, 2019 1:41 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 141
Views: 8803

Re: Will Trump be Re-elected?

Sophie, This may sound a bit harsh, but were you asleep for 8 years of Obama rule by executive fiat? 1. Obama got $1 trillion for so-called infrastructure projects in his first year in office. Did he build out the existing high speed rail network (eg., the “shovel ready” Washington, DC to Charlotte,...
by jhogue
Mon Mar 11, 2019 9:12 am
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 141
Views: 8803

Re: Will Trump be Re-elected?

No, I mean that Schultz might do something reasonable that the voting public expects that a CEO might normally do, like put a price tag on the Green New Deal ($8-12 trillion dollars over the next decade alone according to one estimate, which amounts to something like $600,000 per U.S. household.) ht...
by jhogue
Sun Mar 10, 2019 6:56 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 141
Views: 8803

Re: Will Trump be Re-elected?

Schultz has some celebrity name recognition with millennials, but he is way too pragmatic for rabid Trump haters. When the Everything-Should-Be-Free Santa Claus Socialists start trying to outbid one another before the Iowa Caucuses and the New Hampshire primary, Schultz will say something measured a...
by jhogue
Sun Mar 10, 2019 11:24 am
Forum: Bonds
Topic: Fidelity Bond and Bill Direct Purchase ?'s
Replies: 22
Views: 788

Re: Fidelity Bond and Bill Direct Purchase ?'s

I agree with your estimation that using a TBM fund in your 401k is the kind of acceptable compromise to get started. It's more important to get started than it is to be prefect. You may want to investigate your 401k plan provider to see if they offer a brokerage window. If so, it would give you more...
by jhogue
Thu Mar 07, 2019 6:11 pm
Forum: Cash
Topic: Treasury Direct account security discussion at Bogleheads
Replies: 19
Views: 1076

Re: Treasury Direct account security discussion at Bogleheads

Your post prompts a good question:

Why can't Treasury outsource the management of Treasury Direct to one or more brokerage firms?
by jhogue
Thu Mar 07, 2019 4:46 pm
Forum: Cash
Topic: Treasury Direct account security discussion at Bogleheads
Replies: 19
Views: 1076

Re: Treasury Direct account security discussion at Bogleheads

I am not ready to hit the panic button over Treasury Direct’s annoying inability to assume full responsibility for the security of transactions in its electronic accounts. Their klunky written responses to the boglehead investor [above] remind me of why people hate dealing with august institutions l...
by jhogue
Thu Mar 07, 2019 3:18 pm
Forum: Bonds
Topic: Fidelity Bond and Bill Direct Purchase ?'s
Replies: 22
Views: 788

Re: Fidelity Bond and Bill Direct Purchase ?'s

Pmward, I understand and agree with your reasoning about gradually extending maturity of a portion of your T-bills. At the same time, I would caution you to do your homework on the present shape—and direction-- of the entire Treasury yield curve. Fidelity provides a useful pop-out chart titled “Fixe...