Thanks for all the responses!
Good question on the AA. I think this has been more on autopilot than thoughtful. Generally, I think he thinks the 50% equities is high for his age of 70, offset by the fact that he has SS and Pension which are more bond-like allocations. He is up to simplify, but in terms of assets I know he wants to own cash, US equities, Int equities, bonds, and real estate (I think he'd be up for swapping out of BRK, but not VNQ).
On the Fidelity Total Bond FTBFX, am I missing something or is the expense ratio of 0.3% much higher than BND at 0.03% or BNDW at 0.05%? Don't all these funds essentially do the same thing in a simplified portfolio? Why would someone want FTBFX instead of BND/BNDW? For tax location, is BND better in the tax-defferred account or tax free Roth?
What are the funds or examples of funds that do the rolling or short term treasuries? Are they expensive on expense ratio (Dad is very frugal on expenses, a trait passed on to his kids!)
We have simplified institutions as much as we can at this point. Down to Fidelity for taxable and Dad's retirement accounts, TIAA is mom's current work 401k, and then they have a bank account (and iBonds at Treasury Direct).
Good question on the AA. I think this has been more on autopilot than thoughtful. Generally, I think he thinks the 50% equities is high for his age of 70, offset by the fact that he has SS and Pension which are more bond-like allocations. He is up to simplify, but in terms of assets I know he wants to own cash, US equities, Int equities, bonds, and real estate (I think he'd be up for swapping out of BRK, but not VNQ).
On the Fidelity Total Bond FTBFX, am I missing something or is the expense ratio of 0.3% much higher than BND at 0.03% or BNDW at 0.05%? Don't all these funds essentially do the same thing in a simplified portfolio? Why would someone want FTBFX instead of BND/BNDW? For tax location, is BND better in the tax-defferred account or tax free Roth?
What are the funds or examples of funds that do the rolling or short term treasuries? Are they expensive on expense ratio (Dad is very frugal on expenses, a trait passed on to his kids!)
We have simplified institutions as much as we can at this point. Down to Fidelity for taxable and Dad's retirement accounts, TIAA is mom's current work 401k, and then they have a bank account (and iBonds at Treasury Direct).
Statistics: Posted by MyOwnWorstEnemy — Thu Dec 28, 2023 5:34 am