We switched out of Schwab because their core account pays almost zero.
People don't seem to talk about it much but the extra gyrations of getting interest bearing funds in and out of there are just not worth it.

Thank you for posting this, Barrett.
This is a good data point.

Once you're convinced that a portfolio is for you, it's best to go all-in. If you're not fully convinced, you're better off letting the funds sit until you're 100% decided. Trying to predict the future has never worked out for me and is particularly dangerous with the volatile elements of the PP, un...

pmbug wrote: ↑Wed Apr 17, 2024 8:37 am Speaking of which, end of the world talk is now mainstream:

https://www.telegraph.co.uk/business/20 ... -dystopia/

That's a good article. Bypassed the paywall using archive.today

I am cannonical GB.

Congratulations, Smithers!
I'm very happy for you.

Mr. Pooh,

No need to apologize. We all benefit from open conversation about this learning process.

Thanks

I have had 100% positive experience using California Numismatic Investments (aka golddealer.com) for many years / transactions.

Wow, Sophie!

Thank you for that thought and explanation.

It's brilliant and I had never thought of it that way previously.

Hey RL, I think you are expressing what a lot of us think sometimes. Since you asked, here's my advice: Stick with your investment plan. If you're becoming disenamored with it, then research to find another one and convince yourself that it's really better than your current plan. Once you are convin...

Thanks, Barrett. That's my situation, exactly. This all makes perfect sense to me. I'm all-in and have been for many years. The challenge is that as I watch my seniors getting up in age, it is apparent that our investment plan needs to be simple enough to hand off with confidence. And to Vinny's poi...

Thank you, Sophie.

I highly value your input.

This is what I thought as well, and was exactly what I was doing. However, after hearing multiple horror stories of executors struggling to unwind estates, I am working to streamline my investments. One of the elements to be simplified is to liquidate both my and my wife's TD accounts and just move ...

I'm not questioning it, but I can't quite understand how you get +/- 6% by scaling from the HBPP +/-10% bands.

Can somebody (gently) explain the maths?

I have never found anything canonical, but have just scaled from the PP.

In other words, I rebalance at +/- 8% = +/-10% (from PP) * (20% allocations / 25% allocations)

Still hit that pretty infrequently.

You made me smile as you listed off the first three books on my financial shelf: Fail-Safe Investing, Work Less, Live More and Your Money or Your Life.

I bet there are a lot of copies of those books in the homes of members of this board!

Hi Barrett,

It's possible that this is something different than what you are referencing, but I recently discovered and have been using the planner calculator at this site: https://i-orp.com/Plans/extended.html

I have found it to be very helpful.

Smells like it.

Hey Vinny, I feel your pain on this. That tax software can be quite a challenge if you want to do something that isn't what the programmers expected. I know it's too late for you this year, but just to give you an alternate data point, I use turbotax and have bought savings bonds with my refund with...

The article seems cluncky and uninspired to me.

I wonder if it was written by AI?

Y'all crack me up.

Understood. But, there has to be a market share inflection point, when the index funds have no underlying price discovery and things go crazy. I agree that, in principle, your assertion does make sense, Shrugged. One metric that I would take really seriously to indicate that such a think is happeni...

There is an inference that holding an S&P 500 index fund is more volatile than holding an actively traded fund but the author provides no data to back this up, whatsoever. The author addresses volatility of an S&P 500 index fund as though it is the only asset held in a portfolio and says it'...

Thanks, Vinny. I like your challenge.
10.
(My son does have Autism, though.)

You guys crack me up.