Search found 460 matches

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: 2297

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: 6285

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: 120
Views: 6252

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: 7302

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: 120
Views: 6252

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: 10766

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: 2222

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: 692

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: 2050

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: 2150

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: 4424

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: 3499

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: 7146

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: 4180

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: 8258

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: 3819

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: 2454

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...
by StormShadow
Sat Nov 12, 2016 11:24 pm
Forum: Investing - Theory, News & General
Topic: Anybody regretting holding on to your REITS?
Replies: 97
Views: 12017

Re: Anybody regretting holding on to your REITS?

Looks like VNQ is down substantially after a gradual decline the last few months. Any regrets, or holding on for the long haul? No regrets whatsoever. Overall, REITS have done well for me. Love the dividends. I plan to balance out my portfolio and add more REITS with my 2017 IRA contributions. As a...
by StormShadow
Sat Nov 12, 2016 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: target date with high ER vs index fund with low ER
Replies: 12
Views: 856

Re: target date with high ER vs index fund with low ER

hey guys, my 403b automatically enrolls us in Fidelity's target date fund 2055 (RHJTX) however when I looked at the ER, it was 0.6. All the other options had similar if not higher ERs. But the Fid 500 index pr (FUSVX) has an ER of 0.045. I'm young so I want to invest in the long term in riskier inv...
by StormShadow
Fri Nov 11, 2016 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Would you invest $80K right now?
Replies: 38
Views: 4987

Re: Would you invest $80K right now?

The tax cost for the quarterly dividends in Total Stock Market and Total International is trivial (about 0.1% of your investment); you expect to lose about as much in market returns by waiting a week to avoid the dividends as you do in taxes due on the dividends. This is assuming the market goes up...
by StormShadow
Thu Nov 10, 2016 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Would you invest $80K right now?
Replies: 38
Views: 4987

Re: Would you invest $80K right now?

Grt2bOutdoors wrote:Why dollar cost average in?

Because OP has been investing for less than a year, and DCA may prevent from freaking out and bailing if the market suddenly plummets.
by StormShadow
Thu Nov 10, 2016 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Would you invest $80K right now?
Replies: 38
Views: 4987

Re: Would you invest $80K right now?

It depends on your financial situation. Do you have immediate expenses? Do you have loans? Are you working with a 401k? Do you have your cash reserves set in place? Are you thinking of buying a home in the near future? Once you've figured out how much you plan to invest (as in, park it in one place ...
by StormShadow
Wed Nov 09, 2016 3:09 am
Forum: Personal Consumer Issues
Topic: 1st time home buyer tips & strategy
Replies: 41
Views: 3061

Re: 1st time home buyer tips & strategy

My job is very secure and I took almost two years before finally buying our home. I have no regrets about taking my time with it. For me, I wanted the flexibility of being able to easily relocate in case a better job opportunity popped up. I'm curious as to when you got preapproved for your loan wi...
by StormShadow
Sun Nov 06, 2016 5:01 pm
Forum: Personal Consumer Issues
Topic: 1st time home buyer tips & strategy
Replies: 41
Views: 3061

Re: 1st time home buyer tips & strategy

We purchased our first home a few months ago. Some of my thoughts: My job is very secure and I took almost two years before finally buying our home. I have no regrets about taking my time with it. For me, I wanted the flexibility of being able to easily relocate in case a better job opportunity popp...
by StormShadow
Sun Oct 30, 2016 8:55 pm
Forum: Investing - Theory, News & General
Topic: 2016 hedge fund contest
Replies: 250
Views: 23355

Re: 2016 hedge fund contest

Please sell my LONG NFLX position at next closing please.

Halloween has been good for the online streaming services!

Thanks!
by StormShadow
Sun Oct 23, 2016 1:21 am
Forum: Investing - Theory, News & General
Topic: NY Times first in a series about 403(b)s with public K-12
Replies: 102
Views: 10298

Re: NY Times first in a series about 403(b)s with public K-12

Read through the beginning of the article, but didn't need to finish. High expense ratios/management fees are a problem with many 401k/403b plans. Most bogleheads already knows this. Its ironic that a lack of education (specifically financial literacy) is part of the problem. Makes me wonder why we ...
by StormShadow
Thu Oct 06, 2016 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Math problem
Replies: 17
Views: 1202

Re: Math problem

Maverick3320 wrote:Forever.

+1
by StormShadow
Tue Sep 27, 2016 2:17 pm
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 250
Views: 15485

Re: Does it matter what type of college one goes to?

Five wrote:Overall, looking at costs and quality are what I am interested in. Does it matter......Yale vs. Ohio State?

Yale vs. Ohio State... yes, it matters.
Michigan State/BU/UConn/[insert non-top 10 Ivy League school here] vs. Ohio State... no, it doesn't matter.
by StormShadow
Sat Sep 24, 2016 1:41 pm
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 63
Views: 3953

Re: Would you buy this house in a flood zone? HELP!

Boglemama wrote:We are looking at a house that is in a 100 year flood zone... The last time that this area flooded was 2009...
Would you buy such a house?

Nope.
by StormShadow
Sat Sep 24, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: When (or whether) to have a second child
Replies: 37
Views: 4109

Re: When (or whether) to have a second child

Hi All This seems the best forum for this thread. The issue of whether to have a second child is, for me, a financial one. Emotionally, my wife and I would like to have a second and our relationship is very solid and generally excellent. If we had a lot of money, we would easily have four or five c...
by StormShadow
Wed Jul 27, 2016 10:10 am
Forum: Personal Consumer Issues
Topic: IWC Watch, any thoughts? [Wristwatch brand]
Replies: 130
Views: 9459

Re: IWC Watch, any thoughts? [Wristwatch brand]

I talked to my buddy who has many high end watches and he said that this IWC is a great watch (he has one), but not ideal as a first watch. He recommended the first watch be a daily wear watch like a Rolex Submariner or the like. Not a big fan of Rolex, so I went looking for a nice chrono instead. ...
by StormShadow
Sat Jul 16, 2016 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 26006

Re: A car nicer than the boss?

sambb wrote:so what happened

He got an S class coupe 550.
by StormShadow
Sat Jul 16, 2016 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 7269

Re: Private vs State School?

Please don't shoot the messenger, but fwiw, Money magazine just released its 2016 "best value" college rankings. Methodology debates aside, it's interesting: http://new.money.com/money/best-colleges/rankings/best-colleges/ Yes it is interesting. Nice to see a school like Texas A&M ran...
by StormShadow
Thu Jul 14, 2016 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: 21 Yrs Old - Am I on the right track?
Replies: 53
Views: 3787

Re: 21 Yrs Old - Am I on the right track?

My advice: 1. Focus on your career and your long-term career goals. 2. Read up on the basics of investing the Boglehead way. https://www.bogleheads.org/wiki/Getting_started 3. I think the three fund portfolio is more than sufficient (detailed in the link above). 4. Minimize your debt. 5. Save what y...
by StormShadow
Tue Jul 12, 2016 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 7269

Re: Private vs State School?

My son attends a private college that cost 338% more than our state university. One year is now up to $65,000 vs $19,100 at the state school. We pay full amount...no scholarship or financial aid. Was this a very bad decision? We let him choose and now I wish we had not. What are the pros and cons o...
by StormShadow
Tue Jul 12, 2016 7:49 pm
Forum: Personal Consumer Issues
Topic: How much cash to give when invited to a wedding?
Replies: 81
Views: 6610

Re: How much cash to give when invited to a wedding?

If the bride and groom to be are requesting cash as their registry is quite small, then how much cash should I give? I am thinking $100 for family and best friends, $50 for everyone else. Is this too cheap or too much? I'm 30 and have something like 6 weddings I"m invited to this year and cost...
by StormShadow
Sun Jul 10, 2016 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Aggresively paying student loans vs saving for retirment
Replies: 34
Views: 2377

Re: Aggresively paying student loans vs saving for retirment

Would you borrow money at 6% to invest in the stock market? If not, pay down the loans early. This argument doesn't make sense to me and I don't see how it's applicable. It makes perfect sense. You have to compare the 6% student loan interest versus a guaranteed stock market return. you don't get a...
by StormShadow
Fri Jun 24, 2016 10:41 pm
Forum: Investing - Theory, News & General
Topic: Why You Should Question “Buy And Hold” Advice
Replies: 24
Views: 3938

Re: Why You Should Question “Buy And Hold” Advice

whodidntante wrote:Most people make terrible active management decisions. Own the market and you'll at least get market returns.

+1

Buy, hold and rebalance. Works for me! :beer
by StormShadow
Fri Jun 24, 2016 10:37 pm
Forum: Investing - Theory, News & General
Topic: 2016 hedge fund contest
Replies: 250
Views: 23355

Re: 2016 hedge fund contest

Please sell my position in SWHC (Smith and Wesson) and the next days closing. Gracias!
by StormShadow
Fri Jun 24, 2016 8:51 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Total International] ETF currently down 7.09% - Time to sell?
Replies: 39
Views: 4437

Re: [Vanguard Total International] ETF currently down 7.09% - Time to sell?

Be fearful when others are greedy, and be greedy when others are fearful.

- Warren Buffett

In other words: buy low, sell high.
by StormShadow
Sun Jun 19, 2016 12:00 pm
Forum: Personal Consumer Issues
Topic: IWC Watch, any thoughts? [Wristwatch brand]
Replies: 130
Views: 9459

Re: IWC Watch, any thoughts?

You, sir, are an evil person (apologies if you're a ma'am). I have to go see one in person now. Wow. Just wow. I must have looked at hundreds if not thousands of different watches in person and online. Not one has even slightly interested me until you posted this one. I must find one. I just looked...
by StormShadow
Sat Jun 18, 2016 10:44 pm
Forum: Personal Consumer Issues
Topic: IWC Watch, any thoughts? [Wristwatch brand]
Replies: 130
Views: 9459

Re: IWC Watch, any thoughts?

corn18 wrote:Ok, that Lange 1815 caught my eye. Just my style. Wish it were automatic.

Its available as an automatic. :beer

Image
by StormShadow
Sat Jun 18, 2016 10:09 pm
Forum: Personal Consumer Issues
Topic: IWC Watch, any thoughts? [Wristwatch brand]
Replies: 130
Views: 9459

Re: IWC Watch, any thoughts?

I don't know anything about fine watches. This one costs a lot. Retail is $24,200. Standard AD discounted price is $18,995. Grey market is $15,850. I found a nice pre-owned for $14,500 that I might be able to get for a bit less. Questions: 1. Any input on IWC as a watch? 2. Any thoughts on new from...
by StormShadow
Sat Jun 18, 2016 12:16 pm
Forum: Investing - Theory, News & General
Topic: Only buying during crashes - return?
Replies: 34
Views: 3439

Re: Only buying during crashes - return?

kosomoto wrote:Time for another rock-the-boat type of question. We all know we can't time the market since we need to be right twice, but is it easier to be right once?

Well, since you say it like that... maybe this time is somehow different?

No, I don't think so.
by StormShadow
Tue Jun 14, 2016 9:11 pm
Forum: Investing - Theory, News & General
Topic: Frontline--The Retirement Gamble
Replies: 325
Views: 46658

Re: Frontline--The Retirement Gamble

Feedrack wrote:I am by no means an expert on back-testing portfolios, however I've watched Frontline's Retirement Gamble many times and some of the portfolio numbers people describe just don't seem to make sense.

What is your reason for bumping up a 3 year old thread?

[OT comment removed by admin LadyGeek]
by StormShadow
Tue Jun 14, 2016 9:04 pm
Forum: Investing - Theory, News & General
Topic: 2016 hedge fund contest
Replies: 250
Views: 23355

Re: 2016 hedge fund contest

4nursebee wrote:Storm, don't you mean buy to cover?

Umm, I guess? Lock it in?

I've never shorted a stock before. :mrgreen:
by StormShadow
Mon Jun 13, 2016 11:03 pm
Forum: Investing - Theory, News & General
Topic: 2016 hedge fund contest
Replies: 250
Views: 23355

Re: 2016 hedge fund contest

Hi Norbert, please sell my position in Best Buy (BBY).

Thanks!
by StormShadow
Sun Jun 12, 2016 4:45 pm
Forum: Personal Consumer Issues
Topic: The Most and Least Expensive Cars to Maintain
Replies: 40
Views: 4648

Re: The Most and Least Expensive Cars to Maintain

Interesting, Bugatti Veyron didn't make the list.

It costs roughly the price of a brand new Porsche 911 Turbo to maintain a Veyron... each year. :mrgreen:
by StormShadow
Thu Jun 02, 2016 4:38 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562093

Re: What Movie Have You Recently Watched?

Enter the Battlefield: Life on the Magic - The Gathering Pro Tour.

Documentary about professional magic the gathering card players. Narrated, of course, by the world's most famous nerd... Wil Wheaton. :mrgreen:

Enjoyed it! :thumbsup

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