Search found 510 matches

by StormShadow
Mon Dec 11, 2017 10:32 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 232
Views: 32454

Re: 2017 hedge fund contest

Suggestion for 2018 hedge fund contest:
Each fund has to pick 3 long and 3 short stocks. :beer
by StormShadow
Sun Dec 10, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford? (First Home)
Replies: 27
Views: 2288

Re: How much house can I afford? (First Home)

Rent.

Having flexibility with your wife's ability to re-locate is invaluable at this stage of her career. My 2 cents as a doc.
by StormShadow
Mon Nov 27, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10732

Re: Didn't buy Bitcoin at $4600

Didn't buy Apple stock at $12/share back in 2007 when they announced the new iPhone. Had a good feeling it'd be a popular product. Fast forward 10 years later and Apple is trading at around $174/share. *Shrug* It happens. I don't buy individual stocks and I don't speculate in currencies. So, I would...
by StormShadow
Sun Nov 26, 2017 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16279

Re: Anyone tired of the stock market going up?

Anyone tired of the stock market going up?
Nope.

Rebalance. Problem solved.
by StormShadow
Thu Nov 23, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investment suggestions after arrival of a new born
Replies: 13
Views: 972

Re: Investment suggestions after arrival of a new born

I am wondering what all I can do to make baby's financial future more secure. So far I understand I need to do these 2 things: (1) Open 529 account and fund it appropriately. (I am still researching on what "appropriately" would mean for me here) (2) Open a savings account for the baby and periodic...
by StormShadow
Mon Oct 30, 2017 3:56 am
Forum: Local Chapters and Bogleheads Community
Topic: To Avatar or Not - Get One? How did you choose?
Replies: 128
Views: 6681

Re: To Avatar or not to Avatar . . how did you choose or not choose?

I have an avatar because they add character and I thought this particular one was cool to look at.

Ironically, it's Snake Eyes rather than Storm Shadow. Always thought it funny that nobody brought it up. :mrgreen:
by StormShadow
Fri Sep 29, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should my wife start a 401k
Replies: 25
Views: 1319

Re: Should my wife start a 401k

My argument is that we should continue to use her excess income to pay down the principle of the house. Her argument is that she thinks it would be best to open a 401k and start to invest lightly and pay less towards the principle of the house. If you were in this position what would you do? Anothe...
by StormShadow
Sat Aug 05, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard S&P 500 funds
Replies: 19
Views: 2016

Re: Vanguard S&P 500 funds

VFINX was the first, IIRC. VINIX is an institutional fund that is usually obtained through your employer retirement plan (unless you have a spare $5 mill sitting around). I used it with my 403(b) since it is much cheaper than the other non-Vanguard options. It is no more "risky" than the other S&P50...
by StormShadow
Thu Aug 03, 2017 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: 85/15 too aggressive at age 35?
Replies: 104
Views: 10928

Re: 85/15 too aggressive at age 35?

We made it through the 2007 crash without panicking and selling anything (we only had ~$60k in investments prior to the crash, but that sure felt like a lot of money to see cut in half at the tender age of 25). And we were fairly naive investors at the time, and have a whole lot more knowledge now ...
by StormShadow
Thu Jul 27, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: GF Picking a college major
Replies: 105
Views: 6328

Re: GF Picking a college major

Girlfriend is a college sophomore and is having an identity crisis of sorts - She was premed but was overwhelmed by the time second semester of Chem and struggled gradewise. She's not good at math or the hard sciences. She also has severe social anxiety so I don't think she would be good in a sales...
by StormShadow
Wed May 17, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Nothing else to do investment wise!
Replies: 23
Views: 3939

Re: Nothing else to do investment wise!

Suman wrote:What else you do in a situation like this especially that I have many decades ahead before retiring?
Set it and forget it.

Plenty of hobbies you can pick up with your free time.
by StormShadow
Wed May 17, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 7470

Re: Convince me to get back into stocks!

Somebody please convince me to get back into the market! I don’t see the sense in going back into the stock market now. See calculations below. I am in all cash right now. I would love your opinion on my logic. Didn't bother to read your opinion, because the answer is the same: 1. Don't time the ma...
by StormShadow
Tue May 16, 2017 10:53 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 232
Views: 32454

Re: 2017 hedge fund contest

Independent George wrote:Is there a prize for the best fund name? Because I'm really enjoying some of these...
Bragging rights. Can't put a dollar value on that.
by StormShadow
Mon May 15, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Need some guidance
Replies: 14
Views: 1178

Re: Need some guidance

1) shift the money from our IRA's to a 401k to be able to start a backdoor roth IRA. 2) simplify the taxable account (ie 3 fund portfolio or target date fund). Does this plan sound reasonable? Any other recommendations? Should I completely ditch everything from Wells and move the money to an acct t...
by StormShadow
Mon May 15, 2017 8:11 pm
Forum: Investing - Theory, News & General
Topic: Obtaining 2 Roth IRAs
Replies: 12
Views: 1102

Re: Obtaining 2 Roth IRAs

...cannot contribute more than that person makes in a year. The word "makes" refers to earned income, which a gift is not. Nice idea, but if mom has no earned income then it's a non-starter. OP states that mom makes over $6500 per year. Yes, you can contribute to a Roth IRA on her behalf, assuming ...
by StormShadow
Mon May 15, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor!!
Replies: 6
Views: 739

Re: New Investor!!

My advice: 1a. Invest in yourself. The most important way to secure a successful future is having a good career and saving regularly. 1b. Take care of your health. 2. Live within your means. 3a. Max out your Roth IRA. Keep it simple. Vanguard's lifecycle funds are a good choice. You can always choos...
by StormShadow
Tue May 09, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 99
Views: 13094

Re: Bitcoin Purchase

I used some play money and bought some bitcoin shares today. Any bogleheads mess with highly speculative and wildly volatile products like bitcoin? I buy an occasional lottery ticket. :happy Lottery tickets/Vegas odds are always against you. Bitcoin is a totally different animal. Admittedly, I know...
by StormShadow
Tue May 09, 2017 12:02 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 99
Views: 13094

Re: Bitcoin Purchase

TravelforFun wrote:I used some play money and bought some bitcoin shares today. Any bogleheads mess with highly speculative and wildly volatile products like bitcoin?
I buy an occasional lottery ticket. :happy
by StormShadow
Tue Apr 04, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: What to see in Philly?
Replies: 32
Views: 2512

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: 2485

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 company charg...
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: 966

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: 4802

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: 4802

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: 2787

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: 2787

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: 1319

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: 4705

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: 4865

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: 6551

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: 4865

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: 433

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: 3743

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: 3078

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: 3078

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: 3743

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: 3078

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: 3743

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: 3078

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: 4705

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 you...
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: 2099

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: 1031

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: 2099

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. The answer is yes. If theres a silver lining in all of this, its not an outrageous amount of...
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: 3303

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: 124
Views: 11693

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: 5560

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: 13181

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: 3124
Views: 920797

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: 2033

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: 9783

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: 3052

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...