The GB essentially puts Bernstein's analysis into practice by stacking the odds towards prosperity, which is the most likely of the four economic conditions the PP is designed to deal with. ... Personally in my Golden Butterfly I've been using a barbell of short-term (~3 year) Treasuries recommende...

That's a valid concern if you only have large caps in your portfolio. I use GB and feel like addition of a hefty dose of SCV helps realign the weights.

Thanks for sharing, Hal! A good watch for a Saturday morning.

Good to see more competition! Vanguard's VTI is still at 0.03% and I don't expect them to reduce the ER further as VTI has enjoyed big inflows last year. SSGA ETFs can be quite handy for those preferring ETFs. Those with Fidelity accounts can invest in Fidelity's zero-expense funds FNILX (large cap)...

ppnewbie wrote: ↑Sat Dec 30, 2023 2:26 am I'm up 17 percent. But its a bit of a frankenstein golden butterfly that is tech heavy.

My GB is almost 17% as well, I'm using AVUV for SCV and the portfolio is skewed more heavily towards equities - 60/20/20 stocks/bonds/gold.

If you want to see if there's a chance the fixed rate will go up, you'd check in 2 weeks before end of April, then decide whether to buy later the same month (prediction of fixed rate staying the same or dropping) or wait for May 1 (prediction says it will go up). It is necessarily a bit of a gambl...

What is the earliest date when the fixed rate forecast becomes more or less accurate? Will it be a couple weeks before May 1st? I want to set up a reminder for myself so I don't miss the narrow window to buy at the current rate if the announced May rate will be lower. Alas, the fixed rate is usuall...

What is the earliest date when the fixed rate forecast becomes more or less accurate? Will it be a couple weeks before May 1st? I want to set up a reminder for myself so I don't miss the narrow window to buy at the current rate if the announced May rate will be lower.

I'm thinking about selling my older bonds with 0% fixed rate and buy the new ones next year. I don't see much sense in keeping them as they will have that fixed rate of 0% until maturity.

I'm going to wait until mid- or late-April to make a decision. That's a good idea, I'll do the same. Who knows if the fixed rate will go even higher on May 1st. Waiting until next year then passes your $10,000 available to purchase for 2023? Why not do both? I already bought my 2023 quota in April....

ochotona wrote: ↑Tue Oct 31, 2023 3:47 pm I'm going to wait until mid- or late-April to make a decision.

That's a good idea, I'll do the same. Who knows if the fixed rate will go even higher on May 1st.

The reason I have an issue with it is that they're not really comparable investments. I-Bonds can only be held in taxable and TIPS are best held in Roth or tIRA accounts. No need to compare the two, at least in my mind. Anyway, I like both. I think if you elect to postpone tax on interest until red...

Its hard to buy something that nobody wants! You are a brave guy! I keep thinking about adding more LTTs into my all-in-the-red positions I opened in 2019. The bond king Gundlach thinks this is a good time to buy, albeit he calls it a short-term trade - well, he's certainly not a buy-and-hold inves...

I have VBR in my portfolio but would add a different ETF if I find something better. BTW technically VBR is more of a mid/small cap value fund as it has 32% in mid caps and 34% in SCV. So when you compare SCV funds it's important to watch the capitalization weights. AVUV has only 4% in midcaps and ...

Which small cap value fund are you in? And feel free to throw out any growth fund you think are good. But I am trying to stay disciplined and stick to a golden butterfly. Especially after this article by Tyler. https://portfoliocharts.com/2021/12/16/three-secret-ingredients-of-the-most-efficient-po...

Is it easy to see purchase history IE price paid date of purchase and current price. And are you able to sell specific shares? Yes, you click on the ticker in the list of positions in the account and it will open the purchase history with dates, cost basis, current value etc. https://i.postimg.cc/X...

I vouch for Fidelity with both hands. They offer tons of stuff including cash management account (it's a brokerage account with FDIC-insured core scattered over multiple banks and it includes debit card), HSA account where you can buy anything, good cash back credit card, excellent US-based customer...

Some additional options are SLYV and IJS. They are both "S&P 600 Small Cap Value" ETFs. +1 on SLYV and IJS. I also use AVUV, which seems to be gaining interest (AUM reached 4.8B) and sports a fairly low ER of 0.25%. There are several topics on Avantis ETFs on Bogleheads. Personally, I...

My slightly modified GB is down -8.92%. I use AVUV for small caps and my equity bucket is about 50%.

Regardless that they have this, I like Fidelity's approach better. Their cash management has far better features, albeit with less yield than Vanguard due to higher fees. Second that, even though Fidelity's MM funds have higher ER right now they are still competitive. I use their Treasury only MM f...

I did what dualstow did: 3 month autorolled T bills in my Fidelity investment account, in 3 aliquots roughly 1 month apart. Figuring I'll add to it as new cash comes in. Sophie, it's good to hear from you! I hope you don't mind a question: do you buy T bills on the secondary market or at the auctio...

It's a self employed 401k, so I can buy anything you normally could with a Fidelity account. I also have an inherited IRA that I must withdraw within 10 years. That's awesome! You can also consider gold ETFs, I personally use SGOL as it has probably the lowest ER and the gold is based in Switzerlan...

Excerpt from Glenn Greenwald's article today on censorship & propaganda in this war. I don't have a link, it's on Substack though. I just get an email with no link. On one hand, I get the de-platforming of RT News and Sputnik. But on the other, it feels sinister. If one wishes to be exposed to ...

I wish Biden would call up Zelinsky and tell him to end the war. 72 hours later it would be over (IMHO). But the US and Europe would have to eat some crow. Give up some regions, reverse sanctions, return seized stuff. Shake Putins hand, retract war criminal statements, remove Ukraine from considera...

Apologies of someone has mentioned this already. I feel like we are accelerating the death of a golden goose (reserve currency status). Russia, India, China, ASEAN countries, Saudi Arabia. Not sure if any of these countries will really need us in a few years. The US and Europe are losing their prod...