Search found 690 matches

by Chan_va
Thu Jan 12, 2017 11:25 pm
Forum: Investing - Theory, News & General
Topic: "2016 Shows That Factors Are Fickle"
Replies: 45
Views: 3308

Re: "2016 Shows That Factors Are Fickle"

baw To me the conclusion is simple and obvious, since no one can know which factor(s) will do well in the future the prudent strategy is clearly to diversify across the factors that meet the criteria of being persistent, pervasive, robust, implementable and have intuitive reasons to believe you are...
by Chan_va
Thu Jan 12, 2017 8:23 pm
Forum: Investing - Theory, News & General
Topic: "2016 Shows That Factors Are Fickle"
Replies: 45
Views: 3308

Re: "2016 Shows That Factors Are Fickle"

baw To me the conclusion is simple and obvious, since no one can know which factor(s) will do well in the future the prudent strategy is clearly to diversify across the factors that meet the criteria of being persistent, pervasive, robust, implementable and have intuitive reasons to believe you are...
by Chan_va
Wed Jan 11, 2017 2:01 pm
Forum: Investing - Theory, News & General
Topic: No debt, except for...
Replies: 7
Views: 1074

Re: No debt, except for...

I agree with your general sentiment about debt reduction and buying too much house. However, mortgages are a special kind of debt. Where else can you get a subsidized, 30 year, fixed rate, low interest loan? Not to mention - it's an inflation hedge.
by Chan_va
Wed Jan 11, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 252
Views: 15690

Re: Annual Vacation Budget

Roughly 15k/yr. Family of 4.
by Chan_va
Tue Jan 10, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance into cash
Replies: 44
Views: 3058

Re: Rebalance into cash

I think there is a little confusion here i am not advocating a 100% cash position just putting what i sell from rebalance into cash. For example lets say i have $100,000 50k bonds 50k stocks market goes up now i have 60k stock 40k bonds that puts me into a re balance. I have a choice i can take the...
by Chan_va
Mon Jan 09, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Cap Weighting International
Replies: 11
Views: 530

Re: Cap Weighting International

If you are going to Cap Weight, then there is no "natural weight". The natural weight is whatever the cap weight is at that time. The idea is not to pick a number based on the current cap weight, and hold that constant, but to let the market determine what it is. If it varies by 50 points ...
by Chan_va
Wed Jan 04, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth issue using Federal MMF
Replies: 27
Views: 1528

Re: Backdoor Roth issue using Federal MMF

I used Prime MM as well - I recall seeing a message saying that the funds wouldn't be available in the account till 1/10, but it let me click through and compete the conversion.
by Chan_va
Wed Jan 04, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: 2017 Backdoor Roth IRA strategy
Replies: 6
Views: 551

Re: 2017 Backdoor Roth IRA strategy

Retroactive laws are prohibited by the US constitution. So, I would say - yes, you are overthinking this.
by Chan_va
Tue Jan 03, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager
Replies: 187
Views: 18527

Re: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager

If stocks were indeed "riskless" over the long term, the market would quickly bid up the price of equities to make the equity risk premium disappear. The fact that this hasn't happened means one of three things 1. The market is wrong about equity prices 2. Equities are riskless over the lo...
by Chan_va
Tue Jan 03, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 245
Views: 27104

Re: Whats your number to walk away?

Everytime I think I am doing ok, a thread like this pops up and reminds me that the average boglehead is above average. (Either that or I am being trolled. I hope it's the latter.)

My number is.....

Image
by Chan_va
Tue Jan 03, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Classifying "Other" investments in Vanguard Portfolio Watch
Replies: 4
Views: 398

Re: Classifying "Other" investments in Vanguard Portfolio Watch

As far as I can tell, the feature went away when the new aggregator came. I have the same problem. My 401k uses CITs that show up as other. I have given up on Portfolio Watch. I never really found it that useful in the first place, so I don't mind losing it. Thanks. What do you use in place of Port...
by Chan_va
Tue Jan 03, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Classifying "Other" investments in Vanguard Portfolio Watch
Replies: 4
Views: 398

Classifying "Other" investments in Vanguard Portfolio Watch

I use Vanguard's Portfolio Watch tool to track my overall asset allocation. I also use Vanguard's aggregator service to track and update my non-Vanguard investments. A number of my outside investments show up as "Other" in Portfolio Watch. I used to be able to edit the investment to specif...
by Chan_va
Tue Dec 27, 2016 12:02 pm
Forum: Personal Consumer Issues
Topic: Study Table for kids
Replies: 16
Views: 802

Re: Study Table for kids

Are you sure you want both to study together on the same table? My kids would be way too distracted by each other - so I went with separate ones for both. Craigslist for the source. Btw, I predict a steady stream of one-upmanship on this thread, ranging from "When I was a kid, I made my own stu...
by Chan_va
Tue Dec 27, 2016 11:37 am
Forum: Personal Consumer Issues
Topic: Most sustainable vehicle
Replies: 44
Views: 2678

Re: Most sustainable vehicle

Buy a used car. Then, you have automatically taken the "pre-prod" out of the equation, and can just focus on the efficiency of the vehicle.
by Chan_va
Tue Dec 27, 2016 11:10 am
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 12635

Re: I'll never save a 20% down payment. Rent for life?

There is an important psychological aspect to this as well, one that I didn't fully realize until a month or so ago. I recently went back to renting after a decade of home ownership (moved cross country for a job). At the risk of sounding like an ad for a real estate company, there is something abou...
by Chan_va
Fri Nov 04, 2016 5:35 pm
Forum: Personal Consumer Issues
Topic: New Dentist - Lots of Recommended Work
Replies: 55
Views: 5705

Re: New Dentist - Lots of Recommended Work

When I first moved to this country many years ago, I used to go to this dentist who recommended about 3 fillings every time I saw him. He even had a tool that could "detect cavities before they form". Took me a while to wise up to this. Another time I had a primary care physician who detec...
by Chan_va
Thu Oct 20, 2016 12:53 pm
Forum: Investing - Theory, News & General
Topic: The long run is a collection of short runs
Replies: 5
Views: 580

Re: The long run is a collection of short runs

This a profound. At the core of the boglehead philosophy, (and most other investing philosophies) is that there is a timeframe called "long-term", and a separate different "short term". This has 2 issues 1. How do you define short and long term? This one is semantics, and it not ...
by Chan_va
Fri Sep 23, 2016 10:07 am
Forum: Personal Consumer Issues
Topic: Tenant responsible for appliances?
Replies: 20
Views: 1424

Re: Tenant responsible for appliances?

Thanks all. Confirms what I thought. Have been homeowners for a long time and have forgotten what is common and what is not in a rental. Talked to the leasing agent and he is going to change the wording to something that indicates that it is is tenants responsibility only if the damage is caused by ...
by Chan_va
Fri Sep 23, 2016 9:24 am
Forum: Personal Consumer Issues
Topic: Tenant responsible for appliances?
Replies: 20
Views: 1424

Re: Tenant responsible for appliances?

Uhm, did you notice that they said except for built-ins like washer/dryer/stove etc? Presumably this means like the toaster or the microwave they put on the island for you... And yeah, its legal. I can rent you an apartment with no appliances and you then get to put them all in your self. If you do...
by Chan_va
Fri Sep 23, 2016 9:11 am
Forum: Personal Consumer Issues
Topic: Tenant responsible for appliances?
Replies: 20
Views: 1424

Tenant responsible for appliances?

Folks, I am about to sign a lease for a property in Seattle, WA. I see this in the lease agreement "Resident recognizes that all appliances other than built-ins, such as refrigerator, stove, washer and dryer, are for their convenience only. Resident therefore agrees to maintain those appliances...
by Chan_va
Wed Sep 14, 2016 5:24 pm
Forum: Personal Consumer Issues
Topic: Favorite Coffee
Replies: 147
Views: 11238

Re: Favorite Coffee

Freshly roasted (about 2 day old) Sumatran brewed in an aeropresss. Love the chocolatey flavor. Best cup of coffee was a $7 Kenyan I had at a very hip coffee bar in Lancaster pa. I highly doubted that any coffee could be worth 7 dollars a cup but the fragrance of blueberries and the beautifully bala...
by Chan_va
Tue Sep 13, 2016 2:08 pm
Forum: Investing - Theory, News & General
Topic: Should you invest in artificial intelligence?
Replies: 21
Views: 1649

Re: Should you invest in artificial intelligence?

Of course you should invest in AI. When our Roomba overlords decide who will work in the titanium mines and who will mop the floors, I am hoping that my proven allegiance to the cause will win me trusted adviser status.
by Chan_va
Fri Sep 09, 2016 3:30 pm
Forum: Personal Consumer Issues
Topic: map frustration
Replies: 76
Views: 4371

Re: map frustration

I too have that problem. Also, my horse often needs to rest and I cant find any where to stable him.

Just kidding. Just kidding. Don't pillory me. I assume you guys have actual pillories.

Just kidding again.
by Chan_va
Sat Sep 03, 2016 10:05 pm
Forum: Personal Consumer Issues
Topic: Moving to Seattle from DC
Replies: 30
Views: 2571

Re: Moving to Seattle from DC

Update: We seem to have narrowed ourselves to two properties. One in the loyal heights elementary area and another near the university village at the university of Washington.

Thoughts on location, area etc for these 2 places?

Thanks.
by Chan_va
Fri Jul 22, 2016 1:46 pm
Forum: Personal Consumer Issues
Topic: Moving to Seattle from DC
Replies: 30
Views: 2571

Re: Moving to Seattle from DC

I think I may have misused the word "Downtown". The job will be more in the north of seattle - close to 500 9th Ave N. If that makes a difference.
by Chan_va
Fri Jul 22, 2016 1:20 pm
Forum: Personal Consumer Issues
Topic: Moving to Seattle from DC
Replies: 30
Views: 2571

Re: Moving to Seattle from DC

Thanks all. Assuming we were willing to compromise on the "leafy neighbourhood" for a more urban location, what would be some options closer to Downtown with good schools and a reasonable commute?
by Chan_va
Fri Jul 22, 2016 8:24 am
Forum: Personal Consumer Issues
Topic: Moving to Seattle from DC
Replies: 30
Views: 2571

Moving to Seattle from DC

Folks, I am considering moving to Seattle from the Washington DC area. Looking for general thoughts from people who have made such a move. - What would be a good area to move to? Job will be downtown, have young family, so need good schools, looking for a nice neighborhood that has good schools, rea...
by Chan_va
Fri Apr 22, 2016 1:30 am
Forum: Investing - Theory, News & General
Topic: A Fresh Look at Local Bias in Investing
Replies: 15
Views: 1693

Re: A Fresh Look at Local Bias in Investing

There is an important game theory / psychological loss aversion aspect to this as well. If you accept 2 principles - success/failure is only measurable compared to your peer group, and that loss is much more painful than gain is joyful, then it logically follows that you should have a home country b...
by Chan_va
Mon Mar 28, 2016 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Buying home without mortgage - what to consider
Replies: 16
Views: 2153

Re: Buying home without mortgage - what to consider

I don't get it. The last several years when rates have been dirt cheap everyone is keen to pay cash for houses. I have done the opposite, I never used a mortgage or had more than one house prior to 2009. Since then we have bought several houses, all with mortgages, Keeping the money that would have...
by Chan_va
Mon Mar 28, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Buying home without mortgage - what to consider
Replies: 16
Views: 2153

Re: Buying home without mortgage - what to consider

Thanks All. Looks fairly straightforward.

Also planning to use Redfin as a real estate service. Any experience using them?
by Chan_va
Mon Mar 28, 2016 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Buying home without mortgage - what to consider
Replies: 16
Views: 2153

Buying home without mortgage - what to consider

Folks,

We have saved enough to be able to buy our next home without a mortgage. I have never bought without a mortgage before.

What do we need to differently this time? appraisals, paperwork, taxes etc. etc.?

Thanks

BC
by Chan_va
Wed Mar 23, 2016 9:38 pm
Forum: Investing - Theory, News & General
Topic: Article by Michael Kitces makes the case that gov. bonds are a better diversifier than corporates (against the S&P500)
Replies: 34
Views: 3512

Re: Article by Michael Kitces makes the case that gov. bonds are a better diversifier than corporates (against the S&P50

..... I say Kitces seems to be technically correct but at the same time it's not a very big deal. Nisi, you are right that the data is not very conclusive, but for me there is an important psychological reason to prefer treasuries. When it appears that everything is going to hell in a handbasket - ...
by Chan_va
Wed Mar 23, 2016 8:49 pm
Forum: Investing - Theory, News & General
Topic: Live long, spend freely
Replies: 32
Views: 6774

Re: Live long, spend freely

"Live long, spend freely" is what everybody would like to do, but if you spend too freely and live too long you will not have enough money. It's as simple is that. The bedrock certainties are that if you limit yourself to spending from your own individual portfolio (i.e. not paying an ins...
by Chan_va
Wed Mar 23, 2016 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Improving Employee Morale
Replies: 44
Views: 4135

Re: Improving Employee Morale

Look at giving your workers 3 things 1. Autonomy - How can you give them control over parts of their job so they feel ownership 2. Mastery - Give then tasks and opportunities to master new skills and help them grow 3. Purpose - Help them understand the big picture - something that is larger than the...
by Chan_va
Fri Feb 26, 2016 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a lease on a car
Replies: 15
Views: 1908

Re: Negotiating a lease on a car

Ah the wonders of the internet. Quick search reveals MF of .00125, Residual of 61%, $625 acquisition and $350 disposition fees - VW sets these. Lets see what I can get from local dealers.

How did we ever negotiate before we had this type of data?
by Chan_va
Fri Feb 26, 2016 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a lease on a car
Replies: 15
Views: 1908

Re: Negotiating a lease on a car

mrc wrote:One would think VW would be offering very good terms about now. 8-)


You would think, but not on the GTI's - that seems to be the only VW thing selling
by Chan_va
Fri Feb 26, 2016 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a lease on a car
Replies: 15
Views: 1908

Negotiating a lease on a car

Folks, I have never leased a car before, but am now looking to lease a car (Golf GTI). I don't anticipate keeping it more than 3 years, and for various other reasons, leasing is better (it being a VW for one). I don't want this to become a lease vs. buy thread. How do I negotiate on a lease? From my...
by Chan_va
Fri Jan 08, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: investus interruptus
Replies: 83
Views: 5233

Re: investus interruptus

rbaldini wrote: There are cases when "pulling out" a bit
..............
Any errors of logic here?


If it's so logical - lay out the rules for the following. Then we can evaluate.

- what is a "bit"
- when would you pull out
- when would you get back in
by Chan_va
Fri Jan 08, 2016 2:37 pm
Forum: Investing - Theory, News & General
Topic: thoughts on AAPL
Replies: 28
Views: 2426

Re: thoughts on AAPL

If 100 shares of appl at 100 is 0.02% of your portfolio - you have 50M. I dont think it much matters when you buy.
by Chan_va
Tue Jan 05, 2016 9:12 am
Forum: Investing - Theory, News & General
Topic: people just love predictions
Replies: 16
Views: 1539

Re: people just love predictions

Don't be so quick to sneer at people making predictions. We all are - explicitly or implicitly If you hold equities, you are making a prediction that in the "long term" the equity risk premium will pay off. But what if it doesn't? What if the market is truly fractal, and there is no such t...
by Chan_va
Thu Dec 10, 2015 9:29 am
Forum: Personal Consumer Issues
Topic: BMW current and past owners -- how was the reliability and would you buy another?
Replies: 89
Views: 9699

Re: BMW current and past owners -- how was the reliability and would you buy another?

I have owned 3 High mileage BMW's over the years (>100k miles). They are fun, but expect to spend ~$2-3K/yr in Mx.

I eventually tired of that and switched brands.
by Chan_va
Thu Dec 10, 2015 9:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Customer Service Issues
Replies: 102
Views: 9714

Re: We're not allowed to complain about Vanguard here?

I am concerned that Vanguard, in an effort to win the expense ratio war, is going down the same road that VW did when it wanted to become the volume leader. Corners will be cut.. - I am concerned about Vanguard's lackadaisical approach to security - I am concerned about features (free CFP access, tu...
by Chan_va
Tue Dec 08, 2015 9:27 am
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 26034

Re: A car nicer than the boss?

The S class coupe is a beautiful large heavy touring car. It isn't a sports car or a drivers car - just too long (almost 17 ft?) and heavy. I would say it is unlikely for it to be as showy as a Connie or R8 race car. I am not sure if the 550 is the same as the S63 but my neighbor's S63 has an incre...
by Chan_va
Sun Dec 06, 2015 10:34 am
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 26034

Re: A car nicer than the boss?

I think it depends on where you are. Here is Silicon Valley nobody cares what you drive. I have a senior engineer who drives a Cayman GT4 while my CTO drives a 10 year old Lexus. You have to show up and do your work; After that it's all up to you. Consider if your CTO drove the Cayman, and the engi...
by Chan_va
Sun Dec 06, 2015 7:29 am
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 26034

Re: A car nicer than the boss?

As a CFO, you will likely be preaching cost controls. At some point you may even have to lay people off. Think about how that will come across as you drive into work in a Bentley. Buy any car you want, but use that as a weekend driver. Go cheap and sensible for the daily driver. Impressions matter.
by Chan_va
Mon Nov 23, 2015 12:25 am
Forum: Investing - Theory, News & General
Topic: Vanguard Partnering with Yodlee
Replies: 153
Views: 25059

Re: Vanguard Partnering with Yodlee

So far I am able to add a few accounts, but cant add over 5-6 big name ones including TD, VA 529, etc. All ones that the previous aggregator had. This is a big fail on Vanguard's part in terms of communicating the rollout, making sure there was some sort of upgrade path, and making sure they didnt r...
by Chan_va
Tue Sep 29, 2015 9:56 am
Forum: Personal Consumer Issues
Topic: Minivan or not?
Replies: 50
Views: 5016

Re: Minivan or not?

Recently bought a 2016 Kia Sedona. Great tech, fit and finish, and you should be able to get a good deal on them.

Resale value wont be as high as a toyota or honda, but if you plan to keep the van for a while, add that to your shortlist.
by Chan_va
Sun Sep 27, 2015 6:40 am
Forum: Personal Finance (Not Investing)
Topic: % Net Worth Change Since New Year's 2015
Replies: 95
Views: 9884

Re: % Net Worth Change Since New Year's 2015

I have found that the same folks who obsess over whether the small cap premium has declined 0.1% over the past decade, and if the second derivative of the rate of rise of the equity risk premium is trending up relative to the price of cotton, develop a severe case of "Iamtoogoodforthis itis&quo...
by Chan_va
Tue Sep 08, 2015 5:07 pm
Forum: Investing - Theory, News & General
Topic: Has the "Equity Premium Puzzle" Been Solved?
Replies: 41
Views: 3289

Re: Has the "Equity Premium Puzzle" Been Solved?

Interesting paper - thanks for posting OP. I skimmed it and will have to dive into the math later. I have had a similar hypothesis for a while. That said, I have a question about the "extreme disaster" theory. In almost all previous cases where this has happened, there has been no "ri...
by Chan_va
Sat Aug 29, 2015 5:59 am
Forum: Personal Consumer Issues
Topic: Will you buy an Apple Watch?
Replies: 456
Views: 48818

Re: Will you buy an Apple Watch?

I bought an apple watch and returned it after a week. It has promise and I might buy the next generation but the current gen has 3 big problems. 1. Too tethered to iPhone. If I have to carry my phone for everything I need to do on the watch, I might as well use the phone. 2. No gps for accurate run ...

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