Search found 88 matches

by BigMoneyNoWhammies
Thu Jun 21, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 45
Views: 1935

Re: "Never time the market" vs. lump sum investment

Hi, I understand the concept of "Never try to time the market" - however, in my particular situation I believe it's not applicable - and would like to hear what you have to say about it. I have zero experience in investing, but I'm a quick learner and I intend to begin soon. My situation is - I hav...
by BigMoneyNoWhammies
Thu Jun 14, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11149

Re: Are you including SS in your planning model? Are the benefits really that high?

I have not used social security in any retirement planing model since I began modeling back in my 20s. Just today I tried an SSA calculator to estimate my benefits. I told it I would stop earning at 54 and entered my yearly earnings up to this year. I'm 44. The result was a monthly benefit of $1600...
by BigMoneyNoWhammies
Wed Jun 13, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11149

Re: Are you including SS in your planning model? Are the benefits really that high?

I have not used social security in any retirement planing model since I began modeling back in my 20s. Just today I tried an SSA calculator to estimate my benefits. I told it I would stop earning at 54 and entered my yearly earnings up to this year. I'm 44. The result was a monthly benefit of $1600...
by BigMoneyNoWhammies
Tue Jun 12, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13469

Re: Best Advice You Never Took

Probably to invest early. I'm only mid-30s now so I didn't wait too long, but I could have started putting more money away for retirement when I started my first serious job nearly a decade ago. My balance would look quite a bit different than it does now if I did... +1 to this. In my early 30's as...
by BigMoneyNoWhammies
Mon Jun 11, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9242

Re: Dave Ramsey it or keep low interest debt

I would pay off both car loans today. Like Ramsey says, the borrower is slave to the lender. It's more of an emotional feeling that you don't owe any money to anyone or bank (besides mortgage). Many people that are math "geniuses" do not ever account for this and always think about rate of returns ...
by BigMoneyNoWhammies
Mon Jun 04, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Parents transferring all property over to me. Do I need a lawyer?
Replies: 12
Views: 2089

Re: Parents transferring all property over to me. Do I need a lawyer?

I am the only child in the family and my parents own quite a few rental properties. My parents do not have a will or a trust and both are getting up there in age. Recently, they have been saying that they are getting older and they would like to have all their properties transferred under my name. ...
by BigMoneyNoWhammies
Tue May 29, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: ITOT versus VTSAX
Replies: 25
Views: 1866

Re: ITOT versus VTSAX

Is the Vanguard Total Market ETF (VTI) available in Etrade? They are both indexed funds tracking the Russel 1000 TR benchmark. The expenses for ITOT are lower than for VTI/VTSAX. Yes, VTI is available in an Etrade IRA. All things being equal I'd take VTI over ITOT for the slightly more complete exp...
by BigMoneyNoWhammies
Tue May 15, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Sports Betting Opportunities
Replies: 25
Views: 2084

Re: Investing in Sports Betting Opportunities

Before acting too quickly, note that Orrin Hatch, one of the original writers of PASPA (the law that SCOTUS just struck down), will introduce new legislation to regulate sports betting on the federal level. The entirety of PASPA wasn't found to be invalid, just pieces of it, so it's fairly likely C...
by BigMoneyNoWhammies
Mon May 14, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Sports Betting Opportunities
Replies: 25
Views: 2084

Re: Investing in Sports Betting Opportunities

Now that SCOTUS has cleared the way for states to legalize sports betting, does anyone have any thoughts re investment strategies to take advantage of this changed landscape? Note: I AM NOT speaking of a way to profit by placing such bets; rather I am looking for ways to invest in entities (aside f...
by BigMoneyNoWhammies
Wed Apr 25, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Should I open a Goldman sachs 1.6% savings account?
Replies: 23
Views: 1903

Re: Should I open a Goldman sachs 1.6% savings account?

I've had an account with them since they took over from GE. No real complains from me. Transfers have always been timely. interest rates have consistently ticked up to keep them at or very near the highest-paying accounts. Their re-branding to "Marcus, by Goldman Sachs" was a bit silly though. +1 t...
by BigMoneyNoWhammies
Wed Apr 25, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Allocating Savings
Replies: 1
Views: 297

Re: Allocating Savings

Hello again, Long, long time that I have posted. I am hoping in the near future to look at my investments again and get some feedback. We were late starters but found the bogleheads in 2004 and Laura at that time as well as others was very helpful and we did the best we could to even get where we a...
by BigMoneyNoWhammies
Wed Apr 25, 2018 2:52 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg article on lump sum vs dollar cost averaging
Replies: 79
Views: 6189

Re: Bloomberg article on lump sum vs dollar cost averaging

A good article on dollar cost averaging. https://www.bloomberg.com/view/articles/2018-04-18/lump-sum-investing-is-the-best-strategy-except-in-this-market A fav quote: "Investing is ultimately an exercise in regret minimization" I used to try lump sum and market timing stuff until I realized I'm ter...
by BigMoneyNoWhammies
Wed Apr 25, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with 500k?
Replies: 5
Views: 880

Re: What to do with 500k?

Hi all, I just received 500k from a family member and never had to invest in the past - the recommendation I've received is to invest all of it in real estate however I'd like to know what my options are. What would you do if you were me? Thank you very much! It's hard to give any but the most gene...
by BigMoneyNoWhammies
Fri Apr 13, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: Two Centuries of U.S. Stock Market Indexes, 1802-2017
Replies: 47
Views: 4092

Re: Two Centuries of U.S. Stock Market Indexes, 1802-2017

Markets are markets. Sure, it's relevant. A couple of concerns: • As I understand it, there was no such thing as "the U.S. stock market" prior to about 1900. There were just regional stock exchanges in the major cities around the country that traded a handful of regional stocks — which were nearly ...
by BigMoneyNoWhammies
Wed Apr 11, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: High-yield Savings
Replies: 31
Views: 4059

Re: High-yield Savings

I'm thinking of moving my savings out from a brick & mortar bank to an online bank. The savings APR is fairly significant to make the jump. 1. Are there any downsides to doing this? 2. What are the best offers to open at so far? I see Ally has 1.45% and American Express has 1.55% The Marcus savings...
by BigMoneyNoWhammies
Mon Apr 02, 2018 3:59 pm
Forum: Investing - Theory, News & General
Topic: Is Lockheed Martin about to become the biggest company in history?
Replies: 66
Views: 6708

Re: Is Lockheed Martin about to become the biggest company in history?

https://www.google.com/amp/houston.cbslocal.com/2018/03/28/fusion-reactor-power-lockheed-martin/amp/ Is this real? Is Lockheed Martin really one year away from a truck sized commercial fusion reactor!? If this is real, trillion dollar company doesn’t even begin to describe the upside potential. Any...
by BigMoneyNoWhammies
Thu Mar 29, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 8077

Vanguard in the WSJ today

Just an fyi for those who do not get the Wall Street Journal, they did an article regarding Vanguard's recent problems with customer service and technical glitches, and also specifically mention this forum. The link below should allow those without a subscription to read the article: http://archive....
by BigMoneyNoWhammies
Thu Mar 22, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: SE Washington DC job - where to live?
Replies: 55
Views: 3438

Re: SE Washington DC job - where to live?

So it looks like my daughter may end up working at Anacostia navy base, in the SE corner of DC. Not having much experience with DC, I thought I'd reach out for suggestions on what might be good options for areas for her to consider when renting an apartment. Single, no kids or pets. Not interested ...
by BigMoneyNoWhammies
Mon Mar 12, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: traveling to mexico, should I be concerned?
Replies: 107
Views: 8990

Re: traveling to mexico, should I be concerned?

You can read up on security measures while traveling and take whatever precautions at whatever level of paranoia you desire. Personally, I follow State Dept. recommendations. I'm more conservative when travelling with my kids. If you want a different perspective, read what foreign country state dep...
by BigMoneyNoWhammies
Mon Mar 12, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: traveling to mexico, should I be concerned?
Replies: 107
Views: 8990

Re: traveling to mexico, should I be concerned?

There are various levels of warning issued by State, levels 1-4, with the highest being the worst. Mexico is at a 2, which is not uncommon. Germany, the Maldives, and India all have this same level of warning currently and I wouldn't hesitate to travel to any of those nations. I'd avoid the specific...
by BigMoneyNoWhammies
Wed Mar 07, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: Looking for an example of a fund which has beat its index for 30 years
Replies: 93
Views: 9467

Re: Looking for an example of a fund which has beat its index for 30 years

Without doing the research, and with the caveat that it most likely hasn't beaten its index regularly for years, Fidelity Magellan, in its heyday and under the management of Peter Lynch, very likely did beat its index for a decade or more in the 80s/90s. Since this is your research project, not min...
by BigMoneyNoWhammies
Wed Feb 28, 2018 3:30 pm
Forum: Investing - Theory, News & General
Topic: PurePoint 1.25% online savings $10K min
Replies: 72
Views: 14094

Re: PurePoint 1.25% online savings $10K min

wstrdg wrote:
Fri Feb 24, 2017 2:36 pm
Bloomberg's story: https://www.bloomberg.com/news/articles ... t-interest

Bank link: https://www.purepoint.com/
I get higher return than this in my Goldman Sachs online savings account that has zero minimum.
by BigMoneyNoWhammies
Tue Feb 27, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Duke University TIP Program Questions
Replies: 15
Views: 1387

Re: Duke University TIP Program Questions

My son is a seventh grader and attends a private prep school. They push the Duke TIP program pretty hard. He took the SAT this year and qualified. Question is, is the program actually worth it? Anyone with experience with one of your children? Does it help with college admissions later? Did it make...
by BigMoneyNoWhammies
Wed Feb 21, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: <gulp> Expensive mistake
Replies: 56
Views: 10113

Re: <gulp> Expensive mistake

About 10 months ago I took some really great recommendations from this board and simplified and reallocated my retirement savings. I got my 2017 TSP statement in the mail this weekend and kept trying to figure out if their printer colors were off or something because it showed a huge chunk of chang...
by BigMoneyNoWhammies
Tue Feb 20, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: How Warren Buffett Won His Multi-Million Dollar Long Bet
Replies: 27
Views: 3628

Re: How Warren Buffett Won His Multi-Million Dollar Long Bet

An excellent reminder of why fees matter. Plenty of active fund managers and hedge funds can beat the market over the course of a year once in a while, but doing so consistently is tough even for the best of them and the standard 2 and 20 fee structure makes beating the market in any year AFTER EXPE...
by BigMoneyNoWhammies
Tue Feb 20, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Cut down on retirement savings to build emergency fund
Replies: 20
Views: 1417

Re: Cut down on retirement savings to build emergency fund

I would max everything but keep your Roth IRA contributions in more cash-like instruments (i.e. not invested in equities) and once you have built up an E-fund outside of the Roth (even if it goes slower than it would without maxing), then you can invest your Roth IRA in equities or whatever your AA...
by BigMoneyNoWhammies
Fri Feb 16, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: MarketWatch article-Vanguard investors kept their cool during stock-market turmoil
Replies: 18
Views: 1846

Re: MarketWatch article-Vanguard investors kept their cool during stock-market turmoil

(gekko) wrote:
Fri Feb 16, 2018 11:48 am
And still their website didnt hold the traffic that day.
Doesn't mean they weren't all trying to log in to track what was happening to their portfolios. They would be crazy not to.
by BigMoneyNoWhammies
Thu Feb 15, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: How Inflation Works (NYT)
Replies: 21
Views: 2503

Re: How Inflation Works (NYT)

What I don't understand is how we've had 0 inflation for quite awhile now... We haven't had zero percent inflation. It was negative for a while in 2009 and near zero/negative in 2015, but otherwise it has been positive. My mistake. How many years has it been below target? The Fed target is 2.0% for...
by BigMoneyNoWhammies
Thu Feb 15, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Rent or Sell - DC Version
Replies: 15
Views: 1257

Re: Rent or Sell - DC Version

We faced a similar decision and decided to sell which for us was probably a financial loser but still the right decision. The questions I'd ask are whether you have considered all the issues related to being a landlord. This is a very good thread, ICYMI https://www.bogleheads.org/forum/viewtopic.ph...
by BigMoneyNoWhammies
Tue Feb 13, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 7246

Re: I think US interest rates could drop.

Doesn't that push for rate increases encourage the next crisis? I would argue the opposite. Low rates encourages asset bubbles. The lower the rate the more people are inclined to borrow and speculate, chase yield, and lever up one's portfolio. Cheap money helped the 2008 housing crisis. Lots of oth...
by BigMoneyNoWhammies
Tue Feb 13, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: ESA Allocation for High School Freshman
Replies: 5
Views: 461

Re: ESA Allocation for High School Freshman

How good are you at market timing? What would be the consequences of a 50% decrease in the account value? What are the other financial resources she can draw on to pay for college? General advice is to de-risk and move towards cash if you are going to be spending it soon as you wouldn't want to ris...
by BigMoneyNoWhammies
Tue Feb 13, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 12714

Re: Did you learn anything from the market correction?

I'm 30 and 100% stock in both my IRA and TSP. I saw my porfolio take real losses for the first time and didn't flinch, and actually bought back in with my 2017 IRA contribution. Part of my not reacting is from being on this board, reading the posting of others with far more experience and time inves...
by BigMoneyNoWhammies
Sat Feb 10, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Ask/Bid gap in total market funds now over a dollar
Replies: 4
Views: 542

Re: Ask/Bid gap in total market funds now over a dollar

Large spreads quoted when the market is closed is typical; I don't know offhand if this is a bit more than usual and if that has meaning, but expect to see $0.01 (VTI) and $0.02 (maybe for ITOT) spreads when the market is actually open on Monday. Thanks, did not know about the spread increasing aft...
by BigMoneyNoWhammies
Sat Feb 10, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Ask/Bid gap in total market funds now over a dollar
Replies: 4
Views: 542

Ask/Bid gap in total market funds now over a dollar

Just noticed that the difference between the ask and bid for total stock market ETFs like Vanguard's VTI or iShares ITOT are now over a dollar, when they're typically just a couple cents. I wanted to buy back in for more total market shares, but not with an ask-bid that much greater than the norm. D...
by BigMoneyNoWhammies
Thu Feb 08, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: ETF. What and how do you use them?
Replies: 35
Views: 1724

Re: ETF. What and how do you use them?

Just a general question. How do you work with ETFs? I've been using mutual funds for a little bit now. I see the strategy for example as to get 3 funds strategy and hold it for the long term. I understand you can do this with ETFs, but I'm wondering if I could/should try use ETFs like stocks. Buy l...
by BigMoneyNoWhammies
Thu Feb 08, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Does the drop warrant moving money out of safe 3% savings account?
Replies: 11
Views: 1408

Re: Does the drop warrant moving money out of safe 3% savings account?

I think the title is pretty explanatory. DW and I are teachers and have a "Summer Savers" account in which we can put $2k per month for 3% from September to June and have to withdraw it by the next September. It is short term savings anyway and will go into taxable brokerage next September, but it ...
by BigMoneyNoWhammies
Thu Feb 08, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $20K in portfolio under current market situation
Replies: 23
Views: 1861

Re: Investing $20K in portfolio under current market situation

I am following 90% stocks, 10% bonds for my portfolio. Stocks cover US and Intl. indexes and similarly, bonds cover US and Intl. indexes. I have a $20k that came in by selling RSUs and ESPPs. I am wondering if the boggleheads recommendation is to still stick with 90-10 and invest $20k in the above ...
by BigMoneyNoWhammies
Thu Feb 08, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: ETF's and AUM growth rate
Replies: 4
Views: 461

Re: ETF's and AUM growth rate

Assuming you're in general following a BH investing style, what new ETFs would you be following to see if they grow that you would even need? Any asset a BH would want or need to buy an ETF to cover already has multiple options available. For the AUM level you're concerned with, aren't most of those...
by BigMoneyNoWhammies
Thu Feb 08, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads in an era of robots vs. robots
Replies: 18
Views: 1435

Re: Bogleheads in an era of robots vs. robots

In terms of unjustified rise, the introduction of the 401(k), which has led millions of us, including me, to put in a permanent order to "just buy me some stocks every month, no matter how much they cost," is just as likely to have been some kind of factor in something as "robots." This is a great ...
by BigMoneyNoWhammies
Thu Feb 08, 2018 12:51 am
Forum: Investing - Help with Personal Investments
Topic: Unusual allocation issue: need help!
Replies: 10
Views: 1162

Re: Unusual allocation issue: need help!

Total US Stock market + Total International Stock market. 20 to 40% of your stock portion in International. ~10,000 different companies. Is your SEP IRA big enough to contain all your bonds? What are you using for bonds in taxable if not? Correct--my SEP IRA isn't big enough for my total bond alloc...
by BigMoneyNoWhammies
Tue Feb 06, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: Return of stock market is better overnight than during the day - NYTimes article
Replies: 19
Views: 2769

Re: Return of stock market is better overnight than during the day - NYTimes article

livesoft wrote:
Tue Feb 06, 2018 10:46 pm
^Not in 1993 and many years after. Nowadays costs could be quite low, but that's still 2 trades a day or 500 trades a year. It would have to be a tax-advantaged account or taxes would be interesting.
Good point about the taxes, forgot about that part.
by BigMoneyNoWhammies
Tue Feb 06, 2018 10:39 pm
Forum: Investing - Theory, News & General
Topic: Return of stock market is better overnight than during the day - NYTimes article
Replies: 19
Views: 2769

Re: Return of stock market is better overnight than during the day - NYTimes article

interesting article. a few thoughts: 1. this follows what Buffett and Munger have always said...that they make more money sleeping than awake. 2. The old saying is "Now that everyone knows it, you won't be able to act on it". How will this change investor behavior? Will there be less trading during...
by BigMoneyNoWhammies
Mon Feb 05, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 16949

Re: Blood in the water- buying?

So this is the general premise, that when there is blood in the water you buy your investments. How many have done this in the last three trading days? How many were actually sitting on enough cash to do so? Especially considering that so many here are not advocates of holding large cash positions ...
by BigMoneyNoWhammies
Thu Feb 01, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Portfolio -- Please Help - TIA!
Replies: 44
Views: 3944

Re: Messy Portfolio -- Please Help - TIA!

FWIW I actually prefer how you posted your information over the standard for this board. It was clear and easy to keep track of. My first thought when I looked at your portfolios is that you own too many funds, and with some of your bond assets in taxable instead of tax advantaged you might not be i...
by BigMoneyNoWhammies
Thu Feb 01, 2018 12:27 am
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 151
Views: 10522

Re: How risky is Med school student loan debt?

I see lots of posts from Docs on this site with mounds of student loans, and following that mounds of income. How many people end up saddled with 150k+ debt but miss out on the high income jobs afterwards? Anecdotally, the handful of doctors I know who graduated from US med schools racked up some s...
by BigMoneyNoWhammies
Thu Feb 01, 2018 12:18 am
Forum: Investing - Help with Personal Investments
Topic: Better use taxable than horrible 403b?
Replies: 6
Views: 745

Re: Better use taxable than horrible 403b?

Hello long time lurker, My partner is starting a new job with a 403b that has a 3% match, but the fees are above the 1.7% which I have read to be the point to consider only using a taxable account. Total expected time at the job is believed to be atleast 3 years. Plan options are: Oppenheimer Real ...
by BigMoneyNoWhammies
Wed Jan 31, 2018 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Yield Difference between Vanguard REIT ETF and Index Fund
Replies: 3
Views: 475

Re: Yield Difference between Vanguard REIT ETF and Index Fund

When I looked these up on Yahoo Finance the yields were 4.23% and 4.24%, respectively.
by BigMoneyNoWhammies
Wed Jan 31, 2018 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: The Disaster That Is General Electric Company Stock
Replies: 17
Views: 3822

Re: The Disaster That Is General Electric Company Stock

This could be a buy opportunity. Much like buying in 09 and selling in 16, you could have doubled your investment while collecting dividends the whole time. While the reduction in dividend is quite a blow, it was probably a smart move. There is also talk of GE breaking up into smaller companies wit...