Search found 124 matches

by Eric76
Sun Dec 10, 2017 1:16 pm
Forum: Investing - Theory, News & General
Topic: Would a Bitcoin Crash affect the general markets?
Replies: 25
Views: 1923

Re: Would a Bitcoin Crash affect the general markets?

Nothing. The total value of all bitcoin is a rounding error compared to the trillions in assets moving around the world daily. I’m not so sure. With exchanges opening up leverage and derivatives will more and more become part of the game. These will amplify the effects of price movement of the unde...
by Eric76
Sun Dec 10, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: Would a Bitcoin Crash affect the general markets?
Replies: 25
Views: 1923

Re: Would a Bitcoin Crash affect the general markets?

Nothing. The total value of all bitcoin is a rounding error compared to the trillions in assets moving around the world daily.
by Eric76
Sun Dec 03, 2017 9:35 pm
Forum: Forum Issues and Administration
Topic: Is it time to put limit of max 99 active Bitcoin topics?
Replies: 9
Views: 795

Re: Is it time to put limit of max 99 active Bitcoin topics?

The sheer number of Bitcoin threads on BH is itself overwhelming evidence of a massive bubble.
by Eric76
Sun Dec 03, 2017 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 165
Views: 25912

Re: Currently have $700,000 at 26 years old get $100,000 a year

This has been one of the more entertaining BH threads that I've read. Thanks OP. What a troll job. :beer
by Eric76
Wed Nov 29, 2017 3:20 am
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 147
Views: 15242

Re: A good friend has nearly $1M in BitCoin what do I tell him?

I would congratulate him on his success and then talk about something else.
by Eric76
Tue Nov 14, 2017 11:47 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 110
Views: 17751

Re: Where to buy a Vanguard hat? An Update and bad news

I never understood the concept of paying to be a walking billboard for a company. Shouldn't the company on the cap pay the wearer of the cap to promote the company?
by Eric76
Sun Nov 12, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Investing HOA reserve money?
Replies: 24
Views: 1165

Re: Investing HOA reserve money?

Putting HOA reserves in the stock market strikes me as a terrible idea. High yield savings account is the way to go.
by Eric76
Tue Nov 07, 2017 8:06 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9543

Re: "$1 Million is Closer Than You Think"

Cute gimmick, but without information on asset allocation, it's as useful as a screen door on a submarine.
by Eric76
Mon Oct 30, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 9001

Re: My 401k is almost all cash now. 1/2 Mil

OP is absolutely right.

The market is inevitably going to crash eventually!
by Eric76
Fri Oct 27, 2017 6:27 am
Forum: Investing - Theory, News & General
Topic: Morningstar responds to Wall Street Journal article
Replies: 23
Views: 3623

Re: Morningstar responds to Wall Street Journal article

So M* is launching their own mutual funds to compete with the funds their analysts rate. I couldn't imagine any conflicts emerging from that! :happy Personally, I find the comparison data and charts that M* provides very interesting. Their ratings seem to be primarily a vehicle for fund companies to...
by Eric76
Wed Oct 25, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 119
Views: 28368

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]

Naming the funds "Wellesley" and "Wellington" strikes me as a cheap marketing gimmick; as does splashing them all over the VG website when I log in and log out.
by Eric76
Sat Oct 07, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Flagship Reps
Replies: 91
Views: 9197

Re: Flagship Reps

The incessant complaints I read in here about VG customer service reeks of wanting to have your cake and eat it too. VG obviously prioritizes low cost, no frills above all else. If you need personalized attention and hand holding from a financial advisor, call Merrill Lynch and they'll happily conne...
by Eric76
Sat Sep 02, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 13714

Re: Florida Hurricanes: When and where to go?

In terms of evacuation, only evacuate if you are in the highest risk areas (right on the coast, mobile home etc.). Trying to guess even 3 days out exactly where a hurricane will hit is almost impossible. In other words, you could end up evacuating into more danger.
by Eric76
Sat Sep 02, 2017 4:15 am
Forum: Local Chapters and Bogleheads Community
Topic: Where is Livesoft? Was The Woodlands Flooded
Replies: 36
Views: 6400

Re: Where is Livesoft? Was The Woodlands Flooded

Interesting to get a first hand account of the situation. Thank you. Sensationalistic reporting for ratings clearly doesn't begin and end with financial news. I've tuned it all out.
by Eric76
Wed Aug 30, 2017 6:00 am
Forum: Investing - Theory, News & General
Topic: [Bitcoin] question
Replies: 131
Views: 11291

Re: Bit Coin question

LOL WOW... those are some crazy answers and crazy people investing in FILES people can just MAKE UP. No crazier than investing in some paper with a picture and some numbers printed on it. LOLL SO TRUE [/quote] The U.S. Dollar (with the picture and serial number on it) is backed by the full faith an...
by Eric76
Wed Aug 23, 2017 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Are US S&P 500 Index funds speculative investments?
Replies: 63
Views: 4774

Re: Are US S&P 500 Index funds speculative investments?

Anything you do with your money, including putting it under your mattress, entails some degree of speculation. IMO buying the S&P 500 is less speculative than entrusting an active manager with picking winners.
by Eric76
Fri Aug 18, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Need a high risk option for $250
Replies: 22
Views: 3147

Re: Need a high risk option for $250

I have a diversified retirement plan in place. I'm just looking to take some extra cash and play some market swings and such. All of the online traders want a $500 initial deposit. I'd rather start with $200-300. Any advice would be greatly appreciated. This is monies I have previously set aside fo...
by Eric76
Thu Aug 17, 2017 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Need a high risk option for $250
Replies: 22
Views: 3147

Re: Need a high risk option for $250

I have a diversified retirement plan in place. I'm just looking to take some extra cash and play some market swings and such. All of the online traders want a $500 initial deposit. I'd rather start with $200-300. Any advice would be greatly appreciated. This is monies I have previously set aside fo...
by Eric76
Sat Aug 12, 2017 5:22 pm
Forum: Personal Consumer Issues
Topic: Cheapest way to upgrade iPhones ?
Replies: 37
Views: 4030

Re: Cheapest way to upgrade iPhones ?

I order refurbished phones for my wife and me through eBay. Never had an issue. Paid $360 for a 64GB 6s a few weeks ago. Is it just a matter of switching out the SIM card ? How is the cell number provisioned in the new phone ? How did you transfer all the data (if not in the cloud) ? Any advantage ...
by Eric76
Sat Aug 12, 2017 6:18 am
Forum: Personal Consumer Issues
Topic: Cheapest way to upgrade iPhones ?
Replies: 37
Views: 4030

Re: Cheapest way to upgrade iPhones ?

I order refurbished phones for my wife and me through eBay. Never had an issue. Paid $360 for a 64GB 6s a few weeks ago.
by Eric76
Sat Aug 12, 2017 6:15 am
Forum: Investing - Theory, News & General
Topic: Redfin
Replies: 17
Views: 2090

Re: Redfin

As a disclaimer, I tend to be a late adopter of technology. I paid a total of 4.5% re commission on a traditional transaction when I sold my home in 2015. I found that to be reasonable as I wouldn't have wanted to do showings, host an open house, negotiate directly with prospective buyers, or (as a ...
by Eric76
Sun Aug 06, 2017 10:53 pm
Forum: Investing - Theory, News & General
Topic: "What Is Vanguard 500 Index's Achilles Heel?"
Replies: 17
Views: 2863

Re: "What Is Vanguard 500 Index's Achilles Heel?"

No mid cap/small cap exposure.
by Eric76
Tue Aug 01, 2017 4:08 am
Forum: Personal Finance (Not Investing)
Topic: What to do with 3oz of gold?
Replies: 28
Views: 4755

Re: What to do with 3oz of gold?

I have a few oz of gold similar to these gold bars https://goo.gl/i8QJn8 what do you recommend I do with these? Continue to hold onto them? Sell them for cash? I don't need the cash at this time but I wanted to see if there's a way to invest it or not. Sell and reinvest in your asset allocation. If...
by Eric76
Tue Jul 18, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: Do you pay fees to buy funds or ETFs?
Replies: 46
Views: 3219

Re: Do you pay fees to buy funds or ETFs?

I pay zero to buy/sell any ETF/stock (up to 30/mo.) at Merrill Edge. I have never paid fees to buy funds or ETFs; I probably never will. I paid a stock commission exactly once, to buy 1 share of Berkshire Hathaway, because it would save me more in insurance costs than the commission. I encourage ev...
by Eric76
Sat Jul 15, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: Market vs Limit order
Replies: 50
Views: 4113

Re: Market vs Limit order

Unless I'm buying relatively illiquid stocks and/or stocks with wide bid/ask spreads, I'll buy/sell at market price.
by Eric76
Fri Jul 14, 2017 3:52 am
Forum: Investing - Theory, News & General
Topic: Do you pay fees to buy funds or ETFs?
Replies: 46
Views: 3219

Re: Do you pay fees to buy funds or ETFs?

I pay zero to buy/sell any ETF/stock (up to 30/mo.) at Merrill Edge. I have never paid fees to buy funds or ETFs; I probably never will. I paid a stock commission exactly once, to buy 1 share of Berkshire Hathaway, because it would save me more in insurance costs than the commission. I encourage ev...
by Eric76
Thu Jul 13, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: Do you pay fees to buy funds or ETFs?
Replies: 46
Views: 3219

Re: Do you pay fees to buy funds or ETFs?

I pay zero to buy/sell any ETF/stock (up to 30/mo.) at Merrill Edge. I have never paid fees to buy funds or ETFs; I probably never will. I paid a stock commission exactly once, to buy 1 share of Berkshire Hathaway, because it would save me more in insurance costs than the commission. I encourage ev...
by Eric76
Sun Jul 09, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: A good VISA card for Gas & Groceries?
Replies: 66
Views: 4695

Re: A good VISA card for Gas & Groceries?

I'd have thought supermarket is Target, Walmart, etc. I'm surprised that Stop&Shop qualifies for 3% back in their definition of supermarkets. Below is definition of supermarket I got from dictionary.com for you: a large retail market that sells food and other household goods and that is usually ope...
by Eric76
Fri Jul 07, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: A good VISA card for Gas & Groceries?
Replies: 66
Views: 4695

Re: A good VISA card for Gas & Groceries?

With B of A preferred platinum honors rewards visa you get 5.25% cash back on gas, 3.5% on groceries, 1.75% on other.
by Eric76
Fri Jul 07, 2017 5:34 am
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 12808

Re: "Bond wipeout has just begun"???

Maybe. Then again, maybe not.
by Eric76
Sun Jul 02, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Rich Inlaws - Buy Us a House and Let Us Live Rent Free/Cheap?
Replies: 28
Views: 2940

Re: Rich Inlaws - Buy Us a House and Let Us Live Rent Free/Cheap?

If your father in law wanted to gift you money, I think he wouldn't need you to explain how to do it. I don't intend to sound harsh, but what you're doing is begging for a handout. If you want to spend more time with your son and less time working (a noble goal), why not move to a place where cost o...
by Eric76
Sun Jul 02, 2017 5:06 am
Forum: Investing - Help with Personal Investments
Topic: New to Investing. $25,000 to Invest.
Replies: 20
Views: 2227

Re: New to Investing. $25,000 to Invest.

If you are investing for retirement several decades from now, sure! Actually, why not 100% stocks ? Also, you probably want substantial exposure to foreign markets, which neither bershire, no the S&P have. It would be bad if several decades down the road it turned out that it was that half of the i...
by Eric76
Mon Jun 26, 2017 7:08 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard LifeStrategy Fund
Replies: 5
Views: 1070

Re: Vanguard LifeStrategy Fund

The boglehead move is to limit taxable bonds to retirement accounts. Because the life strategy funds all include a percentage of taxable bonds, they are not the best vehicle for a taxable account.
by Eric76
Sun Jun 25, 2017 8:58 am
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 7494

Re: Your Favorite Vanguard Fund

Life Strategy Growth. 80/20 set it and forget it. I'm also a big fan of High Yield Corporate Admiral. Unbeatable fees for exposure to conservative end of junk bonds.
by Eric76
Sat Jun 24, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: How does Fidelity makes money, if I own all Vanguard funds or ETFs
Replies: 56
Views: 5416

Re: How does Fidelity makes money, if I own all Vanguard funds or ETFs

rebellovw wrote:How do credit card companies make money when they offer 2% cash back and you always pay your full bill - meaning no interest?
They collect interchange fees on every transaction you make.
by Eric76
Thu Jun 22, 2017 5:56 am
Forum: Investing - Theory, News & General
Topic: Email from VG - Vanguard Rep is on Leave ??
Replies: 22
Views: 3314

Re: Email from VG - Vanguard Rep is on Leave ??

Thesaints wrote:Flagship is the new Voyager Select...
Well said.
by Eric76
Wed Jun 21, 2017 4:22 pm
Forum: Investing - Theory, News & General
Topic: is offering this [Vanguard] website feature feasible?
Replies: 29
Views: 2519

Re: is offering this [Vanguard] website feature feasible?

Don't folks just use morningstar.com to do exactly this? How? The Portfolio X-Ray Stock Intersection tool. It is a premium feature, though. My largest overall holding is Tencent Holdings Ltd. at 0.68% of my portfolio. Tencent is currently 4% of VEMAX/VWO which is 20% of equities, which is 85.39% of...
by Eric76
Tue Jun 20, 2017 5:01 am
Forum: Investing - Theory, News & General
Topic: is offering this [Vanguard] website feature feasible?
Replies: 29
Views: 2519

Re: is offering this [Vanguard] website feature feasible?

Apparently you find it trivial. I don't use excel spreadsheets, so for me it isn't trivial. I wasn't trying to be dismissive, rather helpful in providing the source information to download so that you could do this yourself. Sorry if my post came across as being dismissive. In the long run, I do th...
by Eric76
Mon Jun 19, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: is offering this [Vanguard] website feature feasible?
Replies: 29
Views: 2519

Re: is offering this [Vanguard] website feature feasible?

Don't folks just use morningstar.com to do exactly this? How? The Portfolio X-Ray Stock Intersection tool. It is a premium feature, though. My largest overall holding is Tencent Holdings Ltd. at 0.68% of my portfolio. Tencent is currently 4% of VEMAX/VWO which is 20% of equities, which is 85.39% of...
by Eric76
Mon Jun 19, 2017 5:46 pm
Forum: Investing - Theory, News & General
Topic: is offering this [Vanguard] website feature feasible?
Replies: 29
Views: 2519

Re: is offering this [Vanguard] website feature feasible?

I'd love if Vanguard offered a feature through the website where you could enter a ticker symbol and be provided with a dollar value of your personal holding in that stock This is fairly trivial to create. A long time back I created a simple excel based spreadsheet (took maybe 10-15 minutes) and no...
by Eric76
Mon Jun 19, 2017 5:43 pm
Forum: Investing - Theory, News & General
Topic: is offering this [Vanguard] website feature feasible?
Replies: 29
Views: 2519

Re: is offering this [Vanguard] website feature feasible?

livesoft wrote:Don't folks just use morningstar.com to do exactly this?
How?
by Eric76
Mon Jun 19, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: is offering this [Vanguard] website feature feasible?
Replies: 29
Views: 2519

Re: is offering this [Vanguard] website feature feasible?

I don't see how offering such a feature would detract from the Vanguard ethos. I do see how it would detract from my free time as I'd be popping in ticker symbols constantly!
by Eric76
Mon Jun 19, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: is offering this [Vanguard] website feature feasible?
Replies: 29
Views: 2519

is offering this [Vanguard] website feature feasible?

I'd love if Vanguard offered a feature through the website where you could enter a ticker symbol and be provided with a dollar value of your personal holding in that stock for every fund you own (at least as of the end of the prior quarter when the fund holdings are published). It seems to me that t...
by Eric76
Fri Jun 16, 2017 6:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 139
Views: 19737

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

I would need a whole lot of cash for it to make sense chasing 10 or 20 bp. And if I did accumulate that much cash, I probably wouldn't be keeping it in cash!
by Eric76
Mon Jun 12, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 20702

Re: Best credit card for cash back

The best is most likely BofA's Travel Rewards card at 2.625% back on everything with no limits, no Foreign Transaction Fees, and no Annual Fee. Aren't you limited on what you can redeem the rewards for? You are limited to "travel", which is Uber/Lyft, Taxis, some (all?) Hotels, airfare, train, etc....
by Eric76
Mon Jun 12, 2017 11:26 am
Forum: Investing - Theory, News & General
Topic: TREA/TIAA Real Estate - is investing without planning to "market time" ok?
Replies: 79
Views: 5637

Re: TREA/TIAA Real Estate - is investing without planning to "market time" ok?

Perhaps the biggest appeal of TREA over other real estate investments is the ability to market time it. The quarterly appraisals necessarily lag the CRE market, so market timing to avoid the big drops is not rocket science. .20 of the .85 expense ratio of TREA is the liquidity guarantee from TIAA, w...
by Eric76
Wed Jun 07, 2017 5:31 am
Forum: Personal Consumer Issues
Topic: My Wife is having our 5th child. What is an appropriately extravagant push gift?
Replies: 90
Views: 8582

Re: My Wife is having our 5th child. What is an appropriately extravagant push gift?

kramer wrote:What is a "push gift"? I have never heard that term.
A present you give your wife after your baby is delivered. I learned from my wife that a push gift is expected even if she has a c section and there is technically no "pushing" involved!
by Eric76
Mon Jun 05, 2017 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 20702

Re: Best credit card for cash back

The best is most likely BofA's Travel Rewards card at 2.625% back on everything with no limits, no Foreign Transaction Fees, and no Annual Fee. Aren't you limited on what you can redeem the rewards for? You are limited to "travel", which is Uber/Lyft, Taxis, some (all?) Hotels, airfare, train, etc....
by Eric76
Mon Jun 05, 2017 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 20702

Re: Best credit card for cash back

SVT wrote:The best is most likely BofA's Travel Rewards card at 2.625% back on everything with no limits, no Foreign Transaction Fees, and no Annual Fee.
Aren't you limited on what you can redeem the rewards for?