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Re: Fidelity Bond and Bill Direct Purchase ?'s

Posted: Sat Feb 08, 2020 6:36 am
by flyingpylon
vnatale wrote:
Fri Feb 07, 2020 6:40 pm
jhogue wrote:
Sun Mar 10, 2019 11:24 am

You may want to investigate your 401k plan provider to see if they offer a brokerage window. If so, it would give you more options that would bring you closer to a pure STT/LTT barbell.
For those whose access to retirement plans is through your employer, does your employer offer or not offer a brokerage window?

Vinny
My employer does. Contributions go into a primary 401k account and we have to manually transfer funds to a brokerage account with another provider, which I do about 3-4 times a year.

Re: Fidelity Bond and Bill Direct Purchase ?'s

Posted: Sat Feb 08, 2020 7:40 pm
by InsuranceGuy
flyingpylon wrote:
Sat Feb 08, 2020 6:36 am
vnatale wrote:
Fri Feb 07, 2020 6:40 pm
For those whose access to retirement plans is through your employer, does your employer offer or not offer a brokerage window?

Vinny
My employer does. Contributions go into a primary 401k account and we have to manually transfer funds to a brokerage account with another provider, which I do about 3-4 times a year.
My employer also offers a brokerage window all through Fidelity. Funds are automatically transferred to the brokerage account every paycheck.

Re: Fidelity Bond and Bill Direct Purchase ?'s

Posted: Mon Feb 17, 2020 2:37 pm
by vnatale
pmward wrote:
Fri Mar 08, 2019 2:22 pm
Yeah I think I'm going to work on building a monthly ladder of 1 year bills, but start off with 12k (4k per week) in 4 week bills on auto-roll while I'm building the 1 year bill ladder out. It will be a few years I'm sure before I have accumulated enough in 1 year bills laddered out every month. Once I get there I'll likely kill the 4 week bills and roll those to 1 year bills as well. In the meantime, it is probably better safe than sorry as far as keeping enough liquidity for the common run of the mill "emergencies" like car or home issues in 4 week bills. Also, once I've reached that point, that would probably be a good time to see what the yield curve is like and maybe extending maturity out on fresh accumulations. Probably at least a couple years before I get there though.

I also did decide I'm going to incorporate my 401k into my golden butterfly even though I have no access to LTT's or gold. I'm just going to have to do 25% TSM, 25% small cap, 50% total bond market (substituted for the bond barbell) in my 401k automatically rebalanced annually and then hold enough gold taxable to cover 20% of my total portfolio between all accounts combined. And outside my 401k I'm doing the proper LTT/STT barbell. So with that I've already got a bit more risk on the bond side of things because of the corporate bonds in TBM, so having all T-Bills in my non-401k accounts for the STT portion is probably a good tradeoff for the next few years at least. I've really grown quite fond of my golden butterfly after watching the way it has behaved day to day over the last couple of months, between both a melt up in the stock market over the last couple months, and now into a nice little sell off. It has been a nice little short term sampling of bull and bear environments in the short time I've held the portfolio. It handled both rather well and seems to fit my personality quite well. It is definitely true that you get a better feel for a portfolio once you've actually got some money on the line. I've also done a lot more research and all that has strengthened my convictions in the GB. So I think it's time to go all in! TBM in the 401k isn't optimal, but it works well enough in the grand scheme. At least since I've only been at this job for a year my 401k is smaller than my IRA's/taxable accounts, so it's never going to be the anywhere near the majority of my bond allocation.
Read everything that you (and everyone else) wrote regarding your initial questions.

What did you actually end up doing subsequent to the above?

Vinny