Search found 492 matches

by StormShadow
Tue Apr 04, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: What to see in Philly?
Replies: 32
Views: 1893

Re: What to see in Philly?

Grab lunch at nearby Reading Terminal Market if you can. +1 Highly recommend a Tommy DiNic's pulled pork sandwich, with sharp provolone and spinach extra wet. Its easy to find, its the place with the crazy long line. And, of course, work it off with a jog up the Rocky Steps at the Philadelphia Muse...
by StormShadow
Sun Apr 02, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Edward jones to vanguard?
Replies: 19
Views: 1612

Re: Edward jones to vanguard?

I find it odd that Edward Jones, Ameriprise, and the like, are considered the anti-Christ, but then people turn around and say, "Well, of course you can go with Vanguard, who offers a .3% management fee...." Isn't it the AUM model that's broken; not that X company charges .5%, while Y com...
by StormShadow
Thu Mar 30, 2017 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: starting a roth IRA with Ameriprise
Replies: 11
Views: 677

Re: starting a roth IRA with Ameriprise

s17719 wrote:starting a roth IRA with Ameriprise... Would appreciate input. Thanks.

Don't. You're welcome.
by StormShadow
Fri Mar 24, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: $200 Emergency Visit Copay Waiver?
Replies: 49
Views: 3581

Re: $200 Emergency Visit Copay Waiver?

This hospital has 501(c)(3) non-profit tax exempt status, so I would hope they are not making any profit. That might mess up their 501c status. I do know they need to cover their costs, but I can't imagine their doing poorly based on what I'm seeing on the statements. Yeah, I wouldn't worry about t...
by StormShadow
Fri Mar 24, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: $200 Emergency Visit Copay Waiver?
Replies: 49
Views: 3581

Re: $200 Emergency Visit Copay Waiver?

You were never admitted. You were in the hospital under observation status. You owe the $200. +1 If it makes you feel better, theres a good chance the doctors that brought your child into the hospital may have not known it was only going to be an observation rather than admission. $200 is a drop in...
by StormShadow
Wed Mar 22, 2017 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: 27, no investments, please help
Replies: 19
Views: 2476

Re: 27, no investments, please help

Thanks for the great advice. I opened my Vanguard account and funded it with a big chunk of the cash. My backdoor Roth IRA conversion finally took effect and the $11k are ready to be invested. I still need to look into bonds, what they're expected to do with interest rates going higher, and if i sh...
by StormShadow
Tue Mar 21, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: 27, no investments, please help
Replies: 19
Views: 2476

Re: 27, no investments, please help

...my biggest fear is losing 30-50% of my hard earned money in a market crash. I would be depressed and likely sell at the bottom. My advice... don't invest in the stock market. The stock market will crash. Likely several times in your lifetime. And you won't be able to predict when it'll happen. C...
by StormShadow
Thu Mar 16, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I invest or save for the next few years
Replies: 14
Views: 1068

Re: Should I invest or save for the next few years

In general, time in the market beats timing the market. If I were you, I'd invest immediately. But this assumes that you know your risk tolerance and set up your asset allocation accordingly. For me, I remember sitting through the tech crisis of the early '00's and the housing crisis in '08. I didn'...
by StormShadow
Wed Mar 15, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: $44,000 for 1st Time Investor
Replies: 30
Views: 4473

Re: $44,000 for 1st Time Investor

I'm confused about maxing out the 401K. So, that $18,000 has to be automatically deducted from my paycheck over the course of a year? Or, since I have that money in the bank, can I just add it all at once? I got confused after speaking to a TIAA representative who said that if I add any amount that...
by StormShadow
Wed Mar 15, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Shiller says market is "way overpriced" - what a shocker
Replies: 34
Views: 4370

Re: Shiller says market is "way overpriced" - what a shocker

triceratop wrote:
StormShadow wrote:Has anyone in the media ever come out and say the market is "underpriced"?


6 days before the 2009 market bottom.

Oh c'mon, the president doesn't count.
by StormShadow
Wed Mar 15, 2017 2:33 pm
Forum: Personal Consumer Issues
Topic: What to do with $100???
Replies: 78
Views: 5417

Re: What to do with $100???

Visit the local massage parlor/spa.
by StormShadow
Wed Mar 15, 2017 9:29 am
Forum: Investing - Theory, News & General
Topic: Shiller says market is "way overpriced" - what a shocker
Replies: 34
Views: 4370

Re: Shiller says market is "way overpriced" - what a shocker

Has anyone in the media ever come out and say the market is "underpriced"?
by StormShadow
Sun Mar 12, 2017 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing
Replies: 4
Views: 307

Re: New to investing

For a friend ... Looking to invest in an IRA and trying to decide between a Roth or a Traditional plan. I know the benefits of each, but am more concerned about hitting the cut off limit for the Roth in the next few years with raises and profit sharing income from my job. Currently make 95K with a ...
by StormShadow
Sun Mar 12, 2017 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds versus Vanguard S and P 500
Replies: 30
Views: 2163

Re: American Funds versus Vanguard S and P 500

Except that, you've already paid the 5.75% load before you reached $250k and 2.5% load before you reached $1 million. Which is why I factored a 5.75% load into the numbers that showed the American Funds not only making up for that, but still managing to outperform the S&P500 in spite of that. E...
by StormShadow
Sun Mar 12, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited 300K, how to reinvest?
Replies: 30
Views: 2499

Re: Inherited 300K, how to reinvest?

What I'd do instead, is not re-invest any dividends and re-allocate your remaining tax-exempt/future contributions according to your asset allocation. What's the benefit of not re-investing dividends? Also, I'm sorry but I don't know what you mean by your last statement about re-allocating tax-exem...
by StormShadow
Sun Mar 12, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited 300K, how to reinvest?
Replies: 30
Views: 2499

Re: Inherited 300K, how to reinvest?

As it stands right now, $11,250 - $15,000 in capital gains tax isn't anything to sneeze at. I probably wouldn't want to bite the bullet on that much taxes. What I'd do instead, is not re-invest any dividends and re-allocate your remaining tax-exempt/future contributions according to your asset allo...
by StormShadow
Sun Mar 12, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds versus Vanguard S and P 500
Replies: 30
Views: 2163

Re: American Funds versus Vanguard S and P 500

If anyone wants to pursue AF, be my guest. As a Boglehead, I think putting your money in mutual funds with high loads and ER is akin to financial suicide. I don't disagree with the value of low cost index funds. That's where I'm putting the bulk of my dollars at these days, but realistically even w...
by StormShadow
Sun Mar 12, 2017 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited 300K, how to reinvest?
Replies: 30
Views: 2499

Re: Inherited 300K, how to reinvest?

Long-term capital gains are around $75,000. Is it still worth selling and switching to Vanguard? What would the tax implications of this be? Like aristotelian said, it depends on your income tax bracket. Either 15 or 20%. Now, of course, that could change but we're not allowed to speculate on that ...
by StormShadow
Sun Mar 12, 2017 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds versus Vanguard S and P 500
Replies: 30
Views: 2163

Re: American Funds versus Vanguard S and P 500

The American Funds have a piece on their website that shows how five AF that track the S and P 500 have run circles around the Vanguard Sand P 500 Index fund from the index fund inception in 1976. Were the AF just lucky? How cute. And since 1976 how many of their other funds have gotten pummelled b...
by StormShadow
Sun Mar 12, 2017 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited 300K, how to reinvest?
Replies: 30
Views: 2499

Re: Inherited 300K, how to reinvest?

1) Should we move my husband's Roth IRA to Vanguard now that we are in control of it? The ER at Federated is high (2%). I was thinking of starting a 3 or 4 fund portfolio at Vanguard with Admiral shares. Most likely a 90/10 asset allocation but I need to look into this more. Does this sound like a ...
by StormShadow
Sun Mar 12, 2017 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: $44,000 for 1st Time Investor
Replies: 30
Views: 4473

Re: $44,000 for 1st Time Investor

I am back after 2 years :) I haven't done much except set up a Roth IRA and start being organized about my budgeting. I've updated the top half of the first post in this thread with new information. If you have a moment, I'd appreciate any advice you can give. Thank you. What investment options do ...
by StormShadow
Tue Mar 07, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Paying Too Much in Expense Ratio?
Replies: 27
Views: 1783

Re: Am I Paying Too Much in Expense Ratio?

cbj3054 wrote:Great. Now I need to figure out where to go- vanguard, schwab, fidelity, ameritrade, capitol one. Again, thanks everybody. Looking forward to being part of this community.

Bogleheads used to be called the Vanguard Diehards forum.

*hint hint*
by StormShadow
Tue Mar 07, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with advice!
Replies: 11
Views: 775

Re: Need help with advice!

phienx3 wrote:
PandaBear wrote:Vanguard Small Cap index adm (VSMAX) (1.23)

How is that possible? VSMAX should not have an ER over 1%.



Exactly! but it only happens on 401k plan ._.

And that is highway robbery.
by StormShadow
Tue Mar 07, 2017 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Paying Too Much in Expense Ratio?
Replies: 27
Views: 1783

Re: Am I Paying Too Much in Expense Ratio?

Re: Am I Paying Too Much in Expense Ratio? If you have to ask, the answer is always yes. $2,900 Gabelli Small Cap Growth CL C 2016 Expense Ratio 2.14 $5,300 Columbia Acorn Cl C 2016 Expense Ratio 1.84 Woof. :shock: The answer is yes. If theres a silver lining in all of this, its not an outrageous a...
by StormShadow
Sat Mar 04, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Making a big bet and borrowing from 401K
Replies: 31
Views: 2779

Re: Making a big bet and borrowing from 401K

Next week I celebrate 25 years of marriage and My wife and I are going to spend the night at the Borgata in Atlantic City. I'm thinking about borrowing 50K from my 401K and put it all on 7 red or black at the roulette. I'm having a hard time deciding which color. Would love to hear what color I sho...
by StormShadow
Thu Mar 02, 2017 12:11 am
Forum: Personal Consumer Issues
Topic: Traveling to Italy - 3 weeks in 2017, advice appreciated
Replies: 119
Views: 9073

Re: Traveling to Italy - 3 weeks in 2017, advice appreciated

Never been to Italy, so can't offer any advice there. But just be careful and ever vigilant as there seems to be a high(er) rate of killings/attacks of tourists and local people alike. I've been to Italy. Everyone I met was very warm and friendly. Be polite and respectful, and you'll be fine. That ...
by StormShadow
Fri Feb 24, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 52
Views: 4867

Re: Talking with parents' financial advisor

Showing my mother this documentary from PBS convinced her to switch from ML to Vanguard. Of course, by then I had been managing my own investments for over 14 years. I offered to manage her investments myself. Her biggest reservation to switching was her reliance of an ML adviser. Mostly the securit...
by StormShadow
Wed Feb 22, 2017 10:13 am
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 117
Views: 11256

Re: For people who think the market is going to crash, where along the continuum are we?

Half the media outlets are bombarding us with information that the market is going to fall. Half? I'd say most of the media most of the time is screaming from the top of their lungs about how the market is going to fall. Just how most of the media overreacts to every bit of bad news they hear about...
by StormShadow
Sun Feb 19, 2017 9:04 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2618
Views: 692459

Re: What Movie Have You Recently Watched?

Arrival

Kind of a slower, creepier version of Contact. Enjoyed Contact more. Thought Arrival was ok, but will likely pass on getting the DVD. I had a similar response to A.I. and Interstellar.
by StormShadow
Wed Feb 15, 2017 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Physician contract restrictive covenant
Replies: 23
Views: 1792

Re: Physician contract restrictive covenant

The enforceability of restrictive covenants is based on the state and the distance demanded. What did her attorney say about the restrictive covenant when reviewing the contract. You DID have an attorney experienced with medical associateships review the contract didn't you? If not, then I don't kn...
by StormShadow
Tue Jan 31, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: Is joining a country club a character flaw?
Replies: 101
Views: 8556

Re: Is joining a country club a character flaw?

scienceguy wrote:I think this is a character flaw, especially since I have no particular affinity for rich people, just nice smart people.

SMH. I wouldn't join a country club just to keep up with the Joneses. I doubt most members of the club do so for that reason too.
by StormShadow
Mon Jan 23, 2017 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Is a backdoor Roth IRA really worth it?
Replies: 21
Views: 2305

Re: Is a backdoor Roth IRA really worth it?

I'm a simpleton so please forgive me if the answer to this question has already been posted - I could not find it. In the past I rolled over a prior employers 401K into a traditional IRA ($800K value) at Vanguard. Salary 250K, filing married jointly. I have a 401a and 457 plan through work, with ma...
by StormShadow
Thu Jan 19, 2017 1:19 am
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 3305

Re: Never had a credit card, should I get one?

sport wrote:As long as you pay the balance in full each month, credit cards are a useful tool with no downside.

At least one downside... you'll likely spend more.
by StormShadow
Tue Jan 10, 2017 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: How to politely fire my financial advisor
Replies: 66
Views: 7055

Re: How to politely fire my financial advisor

Contact your new provide (Fidelity or Vanguard, which is getting too big...), give them a copy of your most recent statements with all your accounts, and they will transfer it over. Then send your former Financial Adviser a nice hand written thank you note for his assistance; no reason required. Ne...
by StormShadow
Fri Jan 06, 2017 8:07 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 166
Views: 13269

Re: 2017 hedge fund contest

Looks like the deadline has passed. 65 entries. https://docs.google.com/spreadsheets/d/1jrPPQG0WVZZ6VjuhkQGDshqrwLQ4WrhzDIBNNvSy-U0/edit#gid=0 As of this posting the open price is still Jan 2nd. Sometime in the next few days I will update the sheet to be based on the correct day (Jan 6th). Thanks f...
by StormShadow
Mon Jan 02, 2017 11:01 pm
Forum: Investing - Theory, News & General
Topic: Are Younger people funding 529 Plans?
Replies: 109
Views: 8025

Re: Are Younger people funding 529 Plans?

I have a theory based on people I talk to in their mid20s-mid30s. 529 plan investing is not a priority. Anyone aware of recent data highlighting inflows to 529 Plans by age range? I'm having a hard time recommending they do it based on reasoning they're providing: -College is so expensive, my kid m...
by StormShadow
Sun Jan 01, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 166
Views: 13269

Re: 2017 hedge fund contest

Monkey Throwing Darts

Long:
Lockheed Martin LMT
Activision Blizzard ATVI
Nvidia NVDA

Short:
Sears SHLD
Whole Foods WFM
General Motors GM

Happy New Year!
by StormShadow
Tue Dec 27, 2016 4:06 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 12089

Re: At what age, income, and NW would you buy a $50k car?

No, I would not. Wait till ypu hit $10m. In investments, not net worth. Then drive what you want. :oops: Seriously? Honestly, why even bother asking Bogleheads whether or not to purchase any thing luxury. The majority of answers is going to be some variation of... don't spend $$$ on a car, because ...
by StormShadow
Tue Dec 20, 2016 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: housing options-- stretch for schools?
Replies: 37
Views: 2359

Re: housing options-- stretch for schools?

Option A: home cost 3x income, very good elementary and middle school, bad high school Option B: home cost 4x income, very good elementary, middle, and high school Do we take a chance on option A? Do we pay more for the certainty of option B? It feels silly to worry so much about high school at thi...
by StormShadow
Tue Dec 20, 2016 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Maximizing credit card rewards
Replies: 8
Views: 790

Re: Maximizing credit card rewards

Only that you'll likely to end up spending more than you normal would without a credit card.
by StormShadow
Tue Dec 20, 2016 10:21 am
Forum: Personal Consumer Issues
Topic: managing flight risk [travel by plane]
Replies: 30
Views: 2205

Re: managing flight risk

Anyone is worried about having entire family on one plane? No. Have flown the family back and forth over the ocean several times. Only concern was how to get the little one to fall asleep. It's holiday seasons, and we'll plan to fly to vacation with our children. In my will, spouse and children are...
by StormShadow
Tue Dec 13, 2016 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone adjusted their retirement account AA with the market increase?
Replies: 26
Views: 2298

Re: Has anyone adjusted their retirement account AA with the market increase?

Would any of you consider adjusting your retirement accounts by selling some stocks and buying more stable value vehicles such as bonds? I know it's market timing and is impossible to know which way the market will move, but just seems like "taking some off the top" at this stage wouldn't...
by StormShadow
Tue Dec 13, 2016 10:31 pm
Forum: Investing - Theory, News & General
Topic: Why risk slicing and dicing at all
Replies: 52
Views: 4652

Re: Why risk slicing and dicing at all

neomutiny06 wrote:...I'm starting to realize that many authors advocate slicing and dicing because it is fun and seems more complex...

Bingo.

I slice/dice with a small portion of my portfolio (mostly by adding REITs), because its fun. The rest is a boring 3 fund portfolio.
by StormShadow
Tue Dec 13, 2016 10:26 pm
Forum: Investing - Theory, News & General
Topic: Are bond funds really low-risk?
Replies: 43
Views: 3942

Re: Are bond funds really low-risk?

I define "risk" as risk that you will either lose money or outlive your retirement savings. As a poster mentioned above, the lowest SWRs are in portfolios that have bonds. As for losing money, the Vanguard Total Bond Market Index is down 3.5% over the last three months. In our current int...
by StormShadow
Sat Dec 10, 2016 10:56 pm
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 79
Views: 7797

Re: Men's Fashion - Best Bang for Buck

Alright men, "fashion" time. I've never been one to really "take care" of myself clothes wise. I make a 6 figure salary but frugal with clothes (I'd literally wear a sweatshirt and sweats into work if I could haha). I rarely spend money on clothes. Usually the only time I add to...
by StormShadow
Tue Nov 22, 2016 12:56 am
Forum: Investing - Theory, News & General
Topic: DFA vs Vanguard (I know, I know)
Replies: 34
Views: 4418

Re: DFA vs Vanguard (I know, I know)

privatefarmer wrote:I know this has probably been discussed ad nauseam so please forgive me....

Simple answer: it doesn't matter.
by StormShadow
Sun Nov 20, 2016 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 8948

Re: Do you track your net worth? How long have you done so?

Not since buying the home. The thought of it is too depressing. :oops:
by StormShadow
Sat Nov 19, 2016 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: how much to save for retirement
Replies: 30
Views: 4037

Re: how much to save for retirement

yeah future physician - my second career and now trying to pick which specialty to go into. I will be 38-39 when I actually have a sizeable income ($200-300k depending on the field) and thus will have also $350k in loans. I'm just trying to play around with numbers and looking at monthly budget to ...
by StormShadow
Thu Nov 17, 2016 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Son has some cash to invest
Replies: 37
Views: 2606

Re: Son has some cash to invest

My 18-year old college freshman has about 6k that I've persuaded him to invest. IRAs are ruled out as we're planning to use this for his first house down payment or for a car in about 6 - 7 years. Since his college payments are taken care of (mostly from 529 funds), I have asked him to transfer the...

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