Search found 89 matches

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: 36
Views: 1872

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: 2634

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: 1898

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: 1898

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: 1898

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: 1898

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: 1898

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: 1898

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: 1898

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: 90
Views: 8196

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: 18179

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: 3780

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: 6873

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: 18179

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: 18179

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: 18179

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: 86
Views: 5751

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: 3884

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: 3187

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: 1178

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: 2712

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: 602

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: 602

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: 602

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: 3370

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: 6952

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: 37633

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: 507

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: 3149

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.
by Eric76
Sat Feb 25, 2017 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: schwab lowering ER's
Replies: 27
Views: 3149

Re: schwab lowering ER's

I don't understand how a publicly traded company that needs to turn profits ultimately wins this war with Vanguard.
by Eric76
Fri Feb 17, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: FL prepaid plan(4-Year Florida University Plan)
Replies: 21
Views: 2069

Re: FL prepaid plan(4-Year Florida University Plan)

To me it's about peace of mind, not ROI. I like knowing that regardless of our financial circumstances and market conditions at the time, my daughters will have tuition covered. I also like that it is guaranteed by the state, and that Florida happens to be a fiscally disciplined state. I also like t...
by Eric76
Sat Feb 04, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: 100k- to invest or put toward mortgage?
Replies: 20
Views: 3373

Re: 100k- to invest or put toward mortgage?

That 28/72 portfolio seems pretty spectacular over the long term. Where did you get that data from?
by Eric76
Thu Feb 02, 2017 7:36 am
Forum: Investing - Help with Personal Investments
Topic: How do you guys ignore this stuff?
Replies: 80
Views: 8809

Re: How do you guys ignore this stuff?

If all the financial media, pundits, analysts and experts told the truth: that they don't know what's going to happen or when... there would be no more financial media, pundits, analysts and experts. They are collectively as useful as a screen door on a submarine.
by Eric76
Wed Feb 01, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Untangling from Edward Jones
Replies: 38
Views: 4493

Re: Untangling from Edward Jones

But their commercials make it seem like the EJ advisor will be part of your family! It's almost as if you can't believe commercials. :happy
by Eric76
Tue Jan 24, 2017 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need to be licensed?
Replies: 2
Views: 795

Do I need to be licensed?

A neighbor has asked me to review her finances, set up a Vanguard account for her, and allocate her investment. If I accept an hourly fee for this work, am I required to be licensed as an investment adviser?
by Eric76
Sat Jan 21, 2017 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Load up on cash - it might be one of your best investments
Replies: 53
Views: 9561

Re: Load up on cash - it might be one of your best investments

I keep way too much in cash simply because it helps me sleep at night. But from a cold objective investment view, odds are high that a year from now $100 dollars invested in stocks will be worth more than the $100 in cash. The market would have to drop 2-3% just to be even with the value of the cash.
by Eric76
Mon Jan 16, 2017 5:11 am
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6695

Re: Cardinal Sin - went to cash the day before 2016 election

I'm convinced that the best investment strategy is to set a monthly contribution to a Vanguard target date fund based purely upon when you will need the money, then burn your tv, computer, cell phone and tablet, and, preferably move into a cave. Take the psychology of fear and greed out of the equat...
by Eric76
Thu Jan 12, 2017 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard VTSAX Admiral Funds
Replies: 25
Views: 3302

Re: Vanguard VTSAX Admiral Funds

Why not buy VTI instead, thereby avoiding the issue with minimums?
by Eric76
Mon Jan 02, 2017 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Dilemma: bonds, cash or 100% stocks for now in present climate?
Replies: 55
Views: 5537

Re: Dilemma: bonds, cash or 100% stocks for now in present climate?

Much easier said than done, but your asset allocation should be made blind to current market conditions. Your personal risk tolerance, which I roughly define as some combination of when you will need the money and how much risk you can take on without keeping you up at night, is what should guide yo...
by Eric76
Mon Jan 02, 2017 6:35 am
Forum: Investing - Theory, News & General
Topic: Market Timing - have any REAL patterns ever been identified?
Replies: 39
Views: 3518

Re: Market Timing - have any REAL patterns ever been identified?

People who trade off of chart patterns with cool sounding names (cup and handle, head and shoulders etc.), are counting on other traders to see what they see and trade accordingly. There is no intrinsic meaning behind a stock chart. If tomorrow every trader decided that "cup and handle" w...
by Eric76
Sat Dec 31, 2016 4:47 am
Forum: Investing - Theory, News & General
Topic: The predictive nature of valuations
Replies: 6
Views: 846

Re: The predictive nature of valuations

Best to leave the debate on market timing to the experts and academics and stick to your stock/bond asset allocation based upon personal risk tolerance. There is close to a 100% chance that there will be a significant stock market sell off. There is also close to a 100% chance that if you try to gue...
by Eric76
Fri Dec 30, 2016 6:46 am
Forum: Investing - Theory, News & General
Topic: Market Timing - have any REAL patterns ever been identified?
Replies: 39
Views: 3518

Re: Market Timing - have any REAL patterns ever been identified?

People who trade off of chart patterns with cool sounding names (cup and handle, head and shoulders etc.), are counting on other traders to see what they see and trade accordingly. There is no intrinsic meaning behind a stock chart. If tomorrow every trader decided that "cup and handle" wa...
by Eric76
Fri Dec 30, 2016 6:24 am
Forum: Investing - Theory, News & General
Topic: How A 28-Year-Old Who Retired With A $2 Million Net Worth Is Investing In 2017
Replies: 42
Views: 5936

Re: How A 28-Year-Old Who Retired With A $2 Million Net Worth Is Investing In 2017

I was once 28, and I'm not taking investment advice from any 28 year old; boy, girl, man, woman or otherwise. I suppose that makes me an ageist and not a sexist? :D
by Eric76
Tue Dec 27, 2016 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Lower Income Looking for Advice on Investments
Replies: 4
Views: 420

Re: Lower Income Looking for Advice on Investments

I don't claim to be an expert, but my point of view is (1) establish a 6 month emergency fund (2) pay off those credit cards (3) pay off the cars. I'm assuming that the interest on the credit cards and car loans far exceed what you could reasonably expect to make through investments. I wouldn't focu...
by Eric76
Tue Dec 27, 2016 5:01 am
Forum: Investing - Theory, News & General
Topic: The clock says buy, but should I?
Replies: 29
Views: 4006

Re: The clock says buy, but should I?

badbreath wrote:this is such a small amount of $ just invest it


Isn't that relative? To me $5000 is not an insignificant amount.
by Eric76
Tue Jul 26, 2016 8:05 am
Forum: Investing - Theory, News & General
Topic: High Yield Junk Bonds
Replies: 51
Views: 5212

Re: High Yield Junk Bonds

Some purchasers of individual bonds had big gains or losses, although the gains are capped, unlike stocks. This does not address mutual funds that invest in junk bonds. I believe that most made money due to spreading the risk of default among many issues so that the planned for default rate would n...
by Eric76
Mon Jul 25, 2016 8:22 am
Forum: Investing - Theory, News & General
Topic: High Yield Junk Bonds
Replies: 51
Views: 5212

Re: High Yield Junk Bonds

http://myphotos.mypclinuxos.com/images/patrick013/defaultsbonddefaultrates2012condensed.png The above was from a study from 1981 thru 2012. Just like preferred stocks some people have better luck than others. But stats don't lie, these aggregate over 30 years. Some people made money and others took...
by Eric76
Mon Apr 04, 2016 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA-CREF policies
Replies: 7
Views: 802

Re: TIAA-CREF policies

Before dumping TIAA, you might want to consider their Real Estate Account (TREA).
by Eric76
Sat Apr 02, 2016 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: April 1st IRA didn't change from March 31st despite gains
Replies: 14
Views: 1165

Re: April 1st IRA didn't change from March 31st despite gains

Did they have quarterly distributions on March 31? That means you have more shares but the price for a share goes down (and an increase in the stock market could easily cancel out that drop in share price). I don't think so. I think divs are paid semiannually on the Life Strategy and Target Date fu...

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