Search found 109 matches

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: 49
Views: 2596

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: 2797

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: 2797

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: 36
Views: 2969

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: 36
Views: 2969

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: 1813

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: 2635

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: 4449

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: 2920

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: 3501

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: 2920

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: 2920

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: 4013

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...
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: 4013

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: 11762

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: 2667

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: 1925

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 t...
by Eric76
Mon Jun 26, 2017 7:08 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard LifeStrategy Fund
Replies: 5
Views: 965

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: 6770

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: 4604

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: 2963

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: 2172

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: 2172

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: 2172

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: 2172

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: 2172

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: 2172

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: 2172

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: 17056

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: 19317

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, t...
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: 4653

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: 7557

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: 19317

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, t...
by Eric76
Mon Jun 05, 2017 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 19317

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?
by Eric76
Mon Jun 05, 2017 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 19317

Re: Best credit card for cash back

B of A cash back visa preferred platinum rewards for me. 5.25% back on gas (up to $1500 per quarter), 3.5% back on groceries (up to $1500 per quarter), 1.75% on everything else (unlimited).
by Eric76
Mon May 29, 2017 7:04 am
Forum: Investing - Theory, News & General
Topic: Real Estate: Direct vs Indirect Investment
Replies: 92
Views: 7498

Re: Real Estate: Direct vs Indirect Investment

As has been discussed in other threads, TIAA Real Estate account is a great option for direct real estate investment.

Edit: didn't notice previous post addresses TREA
by Eric76
Sun May 28, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Should I go into a target date fund, or separate index funds?
Replies: 45
Views: 4327

Re: Should I go into a target date fund, or separate index funds?

For the vast majority of investors, target date funds are a great option. Perhaps the AA isn't ideal, but it's very good. Set it and forget it. You can do a whole lot worse.
by Eric76
Tue May 23, 2017 7:53 am
Forum: Investing - Theory, News & General
Topic: Why Invest in Average?
Replies: 34
Views: 3414

Re: Why Invest in Average?

Every time I see a mutual fund commercial on tv it makes me think about how much investors in that family of funds is paying for that commercial. Pass.
by Eric76
Sun May 21, 2017 8:35 am
Forum: Investing - Theory, News & General
Topic: Barclays Online Savings account increases their interest rates
Replies: 6
Views: 1271

Re: Barclays Online Savings account increases their interest rates

We are excited to let you know .... I am glad to know that someone is excited - but it isn't me. A big $5.00 annual increase for a $10,000 investment. Oops, make that about $3.20 after taxes. Not bad, only losing about 1.3% due to inflation. Actually, watching a mosquito learn to fly is a lot more ...
by Eric76
Sat May 20, 2017 5:56 am
Forum: Investing - Help with Personal Investments
Topic: Should I switch my Vanguard funds to lower cost Schwab funds?
Replies: 38
Views: 3022

Re: Should I switch my Vanguard funds to lower cost Schwab funds?

Even if your sole criteria for choosing an ETF is ER (and it shouldn't be your sole criteria), you shouldn't switch. Vanguard's corporate structure means they will likely win the ER war in the long term. Swapping ETFs to chase a small fraction of a point in ER will quickly cost you much more in taxe...
by Eric76
Fri May 12, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: ETF money market equivalent (or close)?
Replies: 11
Views: 723

Re: ETF money market equivalent (or close)?

Thanks for everyone's input. Some great suggestions. Much appreciated.
by Eric76
Fri May 12, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: ETF money market equivalent (or close)?
Replies: 11
Views: 723

Re: ETF money market equivalent (or close)?

Maybe my post was unclear. I need to keep a total of $100K in B of A accounts. Of that $100K, I need approximately $15K for short term cash needs. Approximately $85K is in VTI. I didn't mean to imply that I wanted to put $100K in money market.
by Eric76
Fri May 12, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: ETF money market equivalent (or close)?
Replies: 11
Views: 723

ETF money market equivalent (or close)?

I'm trying to maintain a $100K balance to get the benefits of B of A Platinum rewards for the cash back credit card. If I transferred my cash needs to an online high yield savings account, I wouldn't be able to maintain the $100K balance. If I keep the cash in a B of A money market/savings/checking ...
by Eric76
Mon May 08, 2017 4:10 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Real Estate vs CREF Equity Index
Replies: 61
Views: 3770

Re: TIAA Real Estate vs CREF Equity Index

Does the Green Street index still provide a useful early warning system for when the wheels are about to come off the bus? Yes, I realize that this smacks of market timing, but the unusual nature of TREA plus the time lag seems to make the Green Street numbers a good heads-up. Yes it does. Esteban ...
by Eric76
Wed May 03, 2017 8:57 am
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 64
Views: 7336

Re: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg

If he was being honest, he would have said that Buffett won the bet because over the long term, a broad, inexpensive market index is the best vehicle for market exposure. Full stop. Instead he was grasping at straws for excuses.
by Eric76
Wed Apr 19, 2017 10:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 40031

Re: Larry Swedroe says "Goodby."

White Coat Investor wrote:Thank you Larry.

And this is how someone feels on one of the sites that is one of the safest, most polite, and least-attacky on the internet. I assure you it is far worse elsewhere.

Nonetheless, a lesson to be learned by all. How you interact matters.


Well put.
by Eric76
Sat Apr 08, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: SEP IRA 5500 maximum deduction?
Replies: 9
Views: 588

Re: SEP IRA 5500 maximum deduction?

Not a tax expert, but I think with the SEP you have an "employee" contribution that is limited to 5500, and an "employer" contribution which is capped as a percentage of your net income up to a certain amount. I think your tax guy is incorrect, and you can make a larger SEP contr...
by Eric76
Sun Feb 26, 2017 7:56 am
Forum: Investing - Help with Personal Investments
Topic: schwab lowering ER's
Replies: 27
Views: 3316

Re: schwab lowering ER's

We aren't far from zero (or even negative!) expense ratio index funds with management fees entirely covered by securities lending.