Search found 398 matches

by StormShadow
Mon May 02, 2016 8:02 pm
Forum: Investing - Theory, News & General
Topic: 2016 hedge fund contest
Replies: 138
Views: 6366

Re: 2016 hedge fund contest

Hi Norbert! Can you adjust my UA (Under Armour) to reflex the stock split on April 8, 2016?

My UA stock purchase on Jan 4, 2016 at 79.66 should therefore be changed to half of that at 39.83, correct?

Thanks! :mrgreen:
by StormShadow
Sun Apr 24, 2016 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: 27 yo looking at opening first investment account
Replies: 8
Views: 786

Re: 27 yo looking at opening first investment account

Welcome to bogleheads! With a high income, tax efficiency should be a priority. You should max out your 401k. Does your employer also offer a 457? HSA? Bond funds and REITs are not tax efficient, ideally they should be allocated to tax-deferred instruments (e.g. 401k, IRA). With regard to specifics ...
by StormShadow
Sun Apr 24, 2016 5:55 pm
Forum: Investing - Theory, News & General
Topic: Do you think this is a bad time to enter the market? With the dow at 18,000
Replies: 89
Views: 7307

Re: Do you think this is a bad time to enter the market? With the dow at 18,000

My advice for the OP, don't invest in stocks.

Stick with what you are comfortable with: bonds, CD's, savings... whatever. Live frugally with peace of mind.

Some people are risk averse, and there is nothing wrong with that.
by StormShadow
Tue Apr 12, 2016 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: CPA pricing and physical location
Replies: 41
Views: 2331

Re: CPA pricing and physical location

The cheapest route is todo it on your own with Turbotax or H&R block online. I usually try this first. You could go to a brick 'n mortar H&R Block shop and I suspect they'd estimate around that $650 number, maybe more, maybe less. When I used one a few years ago, I had just gotten married an...
by StormShadow
Fri Apr 08, 2016 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: 19 year old looking for guidance and advice
Replies: 28
Views: 1883

Re: 19 year old looking for guidance and advice

Also, the advice about an IRA is good, but you need $1000 to open the minimum fund at Vanguard and then it's basically gone, you can't use it if you need it (car breaks down, etc), so I'd hold off on that. (Later, when you do have a Roth IRA you can withdraw your contributions without penalty, but ...
by StormShadow
Thu Apr 07, 2016 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: 19 year old looking for guidance and advice
Replies: 28
Views: 1883

Re: 19 year old looking for guidance and advice

Also, the advice about an IRA is good, but you need $1000 to open the minimum fund at Vanguard and then it's basically gone, you can't use it if you need it (car breaks down, etc), so I'd hold off on that. (Later, when you do have a Roth IRA you can withdraw your contributions without penalty, but ...
by StormShadow
Thu Apr 07, 2016 5:28 pm
Forum: Investing - Theory, News & General
Topic: Does anyone invest in websites?
Replies: 38
Views: 3101

Re: Does anyone invest in websites?

Lower end website investments (worth less than $20,000) are typically priced in terms of monthly revenues. A typical purchase price is 10 to 20 months worth of revenues making them a high cashflow investment. There is no free lunch and with websites there are risks from industry disruption, search ...
by StormShadow
Wed Apr 06, 2016 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: 19 year old looking for guidance and advice
Replies: 28
Views: 1883

Re: 19 year old looking for guidance and advice

My advice: Definitely consider contributing to a Roth IRA, if you can afford to do so. I suggest using the three fund portfolio if you want to learn what investments to choose from. Simple, but effective. Invest in your education. I think community college is a great way to build up credit while als...
by StormShadow
Tue Apr 05, 2016 3:53 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads too conservative?
Replies: 135
Views: 13123

Re: Are Bogleheads too conservative?

Are Bogleheads too conservative? My observation: Bogleheads are concerned with making and keeping the most amount of money they can. Bogleheads believe that there is overwhelming evidence that investing through low cost broadly diversified index mutual funds is the best way to do it. Just my observ...
by StormShadow
Tue Apr 05, 2016 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Very New to This - New Roth IRA
Replies: 10
Views: 921

Re: Very New to This - New Roth IRA

Probably doesn't make much of a difference when you start off. When I started, I just bought the investor shares to diversify the portfolio how I wanted. As the investments grew (through earnings and future contributions), they all switched over to admiral shares automatically. Unfortunately, the li...
by StormShadow
Sun Apr 03, 2016 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on investing a lump sum
Replies: 5
Views: 654

Re: Advice on investing a lump sum

I recently received a lump sum distribution, regular income for 2016, of about $150K. I would like to invest it, but am cautious/anxious given the US market's current high level . You're problem is here. The way I view it, the market is what it is. Its neither high nor low. (Or if it is high or low...
by StormShadow
Sun Apr 03, 2016 4:38 pm
Forum: Personal Consumer Issues
Topic: Buy or pass on buying this first house?
Replies: 31
Views: 3366

Re: Buy or pass on buying this first house?

So, an update. I've pretty much decided to abandon this house. I visited the place again, and discovered that the creek eventually bends towards the house (as close as 10 ft away), getting deeper (probably a 5-6 foot drop) and wider (~6 feet) the closer it gets to the house. Makes me wonder if the h...
by StormShadow
Fri Apr 01, 2016 7:54 pm
Forum: Personal Consumer Issues
Topic: Buy or pass on buying this first house?
Replies: 31
Views: 3366

Re: Buy or pass on buying this first house?

Thanks for the great feedback! DW is having reservations on the place. Her concerns are mostly the possibility of flooding (though the place has been around since 2001 and no issues with that so far) and the busy traffic making it scary to let our girl run outside. I'd be up for building a fence. Ma...
by StormShadow
Thu Mar 31, 2016 4:33 pm
Forum: Personal Consumer Issues
Topic: Buy or pass on buying this first house?
Replies: 31
Views: 3366

Buy or pass on buying this first house?

So, DW and I are shopping for our first house. Live in the Philly area, and currently renting an apartment at $1,600 per month. Since having our first child, now a 1.5 yr old toddler, we are thinking of taking the plunge and buying our first home. We found an absolutely beautiful house (new-ish, bui...
by StormShadow
Fri Mar 25, 2016 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Best & Worst Financial Decisions?
Replies: 92
Views: 8103

Re: Best & Worst Financial Decisions?

Best: Contributing to a Roth IRA early in my career. Discovering Vanguard/bogleheads.

Worst: Procrastination (school, investing, you name it).
by StormShadow
Fri Mar 25, 2016 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help on Starting a ROTH IRA.
Replies: 19
Views: 1153

Re: Need Help on Starting a ROTH IRA.

Unfortunately, I am unable to max it out for the deadline on 4/18/16. However, I have made a commitment to start maxing it from 2016 onwards. I guess from all the threads that I've read from this website, it seems like I will be going for the Vanguard Retirement 2050 (VFIFX). Just make sure you hav...
by StormShadow
Thu Mar 24, 2016 8:56 am
Forum: Investing - Theory, News & General
Topic: Financial Morality
Replies: 23
Views: 1764

Re: Financial Morality

****************Delete if not appropriate or fights start******************* This is not about "Sin" stocks, we have had those conversations before. I'm curious if anyone else consider the moral correctness of the investments they participate in. There can be a wide gulf between "leg...
by StormShadow
Tue Mar 15, 2016 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Index 500 "good enough?"
Replies: 15
Views: 1902

Re: Vanguard Index 500 "good enough?"

mc2 wrote:Vanguard Index 500 "good enough?"

"yes"
by StormShadow
Mon Mar 14, 2016 11:36 am
Forum: Investing - Help with Personal Investments
Topic: How do I or should I start my own fund ?
Replies: 45
Views: 3560

Re: How do I or should I start my own fund ?

My two suggestions (from a layman's perspective): 1. Consider being a financial advisor. You can get paid through either by the hour, by the session or as a percentage of AUM that you manage. Most advisors seem to prefer the latter. 2. Get a job working for a mutual fund. My observation is that many...
by StormShadow
Fri Mar 11, 2016 2:15 pm
Forum: Personal Consumer Issues
Topic: Bar/Bat Mitzvah gift question
Replies: 21
Views: 1559

Re: Bar/Bat Mitzvah gift question

Update: upon wife's insistence, we gave $180 plus a small gift worth about $25.

Good thing too, the party ended up being quite a bit more elaborate than my friend led me to believe. Included DJ, photo booth and an open bar. The restaurant was really nice.
by StormShadow
Fri Mar 11, 2016 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: H&R block taxes
Replies: 22
Views: 2221

Re: H&R block taxes

So, I went two days ago to test out the H&R service for my taxes. Filing jointly. 2 state tax forms. 3x1099D. Total bill $650. :annoyed Is this normal? I used a brick and mortar H&R the year I got married. I tried to do it with just software, but the program instructed us to visit the site....
by StormShadow
Sun Mar 06, 2016 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Pregnancy as an exclusion with insurance.... doh!
Replies: 11
Views: 1335

Re: Pregnancy as an exclusion with insurance.... doh!

1. Congratulations! 2. I feel your pain. We had a high deductible plan when my wife became pregnant. We had to foot the entire bill for two ultrasound studies. Literally, $1,500 a pop. I think the first report consisted of an incomplete sentence which combined description of findings and interpretat...
by StormShadow
Fri Mar 04, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on wash sale with Target Retirement funds
Replies: 12
Views: 784

Re: Opinions on wash sale with Target Retirement funds

I really don't want to be out of the market for 30 days. Of course, it could go either way. Personally, I think your life would be simpler if you pulled the money out for the 30 days then plug back in and avoid worrying about the wash sale rule. Concerned about a potential market swing? My solution...
by StormShadow
Tue Mar 01, 2016 11:48 pm
Forum: Investing - Theory, News & General
Topic: Gold / Silver - small tactical allocation?
Replies: 44
Views: 3176

Re: Gold / Silver - small tactical allocation?

swl wrote:Better off with ammo.

+1 :beer
by StormShadow
Tue Mar 01, 2016 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Pessimist trying to get into Stock Investing
Replies: 35
Views: 2871

Re: Pessimist trying to get into Stock Investing

-Invest in stock market Supposedly this will earn more over time but I have misgivings. I still can't shake the idea that the stock market is a Ponzi scheme. My advice: don't invest in the stock market. At least, not until you feel you understand what it is you are investing in and know the risks i...
by StormShadow
Thu Feb 25, 2016 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: buy more shares of vtsax now or wait?
Replies: 8
Views: 1204

Re: buy more shares of vtsax now or wait?

Pick your asset allocation. Stick with your asset allocation.
by StormShadow
Wed Feb 24, 2016 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated wtih how boring personal finance is
Replies: 40
Views: 4241

Re: Frustrated wtih how boring personal finance is

betterfinances wrote:Am I missing something?

Yeah, it means you're doing it right. Congratulations. :beer

Now, find a real hobby with all that extra time you've earned not worrying about your investments.

:sharebeer
by StormShadow
Wed Feb 24, 2016 5:16 pm
Forum: Personal Consumer Issues
Topic: Can EMT's and emergency rooms really read USB pendants?
Replies: 58
Views: 4266

Re: Can EMT's and emergency rooms really read USB pendants?

A list of current medications (dose+frequency), allergies, past medical history and emergency contacts (eg spouse phone #, primary care provider phone #). Keep it simple and all in one page.
by StormShadow
Wed Feb 24, 2016 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio (young, thick skin, very long time horizon)
Replies: 13
Views: 1409

Re: Portfolio (young, thick skin, very long time horizon)

Too complicated for my taste. I'd get rid of momentum and just pick a large cap fund. Better yet, just pick total stock market and get rid of the small/medium cap weighting. Otherwise, I think you're going to be changing your portfolio several times over the next few years before settling with somet...
by StormShadow
Wed Feb 24, 2016 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me, help my parents, help me
Replies: 15
Views: 2382

Re: Please help me, help my parents, help me

Also, Utah does not have a gift tax. So, you (technically, they) are in the clear from state tax too.
by StormShadow
Mon Feb 22, 2016 12:24 am
Forum: Personal Consumer Issues
Topic: Cell phone question
Replies: 23
Views: 1859

Re: Cell phone question

Right now I don't own a cell phone. I did not find a need for one. I am thinking about getting one with a 500MB plan. All I would do is banking, email and check the weather. Is 500MB a month enough? Unless you plan to visit youtube/espn/cnn/netflix and watch videos ALL the time, 500MG will be plent...
by StormShadow
Mon Feb 22, 2016 12:21 am
Forum: Personal Consumer Issues
Topic: Do I need an awesome smartphone?
Replies: 73
Views: 4656

Re: Do I need an awesome smartphone?

Do I need an awesome smartphone?

Answers will boil down to some variant of either:

1. Yes, you need an awesome smartphone. Spend as much money as you can to get the smartest smartphone possible.
or
2. Don't waste your money. Get a sundial.
by StormShadow
Sat Feb 20, 2016 1:13 am
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 10632

Re: "Picking Individual Stocks is a Loser's Game"

"Picking Individual Stocks is a Loser's Game"

Judging by my stellar performance in this year's hedge fund contest (getting pummeled), I'm not surprised.
by StormShadow
Sat Feb 20, 2016 12:56 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Lynch Private Wealth Advisor
Replies: 38
Views: 3491

Re: Merrill Lynch Private Wealth Advisor

1. At what income level is a Private Wealth Advisor useful (if ever)? 2. I imagine one of his goals would be for us to start moving money out of Vanguard into his funds. What is the most objective to way to demonstrate they would not be in our best interest? 3. Anyone with experience with Merrill L...
by StormShadow
Sat Feb 20, 2016 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Engagement Ring Saving
Replies: 68
Views: 4941

Re: Engagement Ring Saving

+1 Savings account
by StormShadow
Mon Feb 15, 2016 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA or pay down student loan
Replies: 23
Views: 1729

Re: Roth IRA or pay down student loan

I'd try to knock down the student loan.

But if you're on the fence, then why not just split the difference? Half to loans and half to the Roth. Best of both worlds.
by StormShadow
Mon Feb 08, 2016 11:58 pm
Forum: Personal Consumer Issues
Topic: Bar/Bat Mitzvah gift question
Replies: 21
Views: 1559

Re: Bar/Bat Mitzvah gift question

We live in a HCOL area and $180 or more seems appropriate for the daughter of your wife's coworker for a modest event. But, this is really not a "modest" event. This is more than just another birthday. The daughter has prepared for this very special time for many years. She spent years le...
by StormShadow
Mon Feb 08, 2016 11:04 pm
Forum: Personal Consumer Issues
Topic: Bar/Bat Mitzvah gift question
Replies: 21
Views: 1559

Re: Bar/Bat Mitzvah gift question

bsteiner wrote:$180 seems modest, but might be OK since you said that the event will be modest.

Good thing I don't live in NYC. :beer

This feels similar to deciding how much to tip for meals. I give 15% (rounded up to the nearest dollar). 8-)
by StormShadow
Mon Feb 08, 2016 10:08 pm
Forum: Personal Consumer Issues
Topic: Bar/Bat Mitzvah gift question
Replies: 21
Views: 1559

Bar/Bat Mitzvah gift question

I've been invited to my co-worker's daughter's Bat Mitzvah. Wife and I are going to attend. Neither of us are Jewish and I haven't been to a Bar Mitzvah since I was in junior high. We've met her once, and she's a delightful girl. Our own daughter is still a toddler and will be staying home with a si...
by StormShadow
Sat Jan 30, 2016 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Advice For 18yo
Replies: 37
Views: 2010

Re: IRA Advice For 18yo

Welcome to Bogleheads! Consider yourself lucky that you found this forum at such a young age. A couple of thoughts... Past performance is not a guarantee for future performance. Never forget that. In any given day, the market can crash, and almost certainly will do so several times in your life. Tha...
by StormShadow
Sat Jan 23, 2016 11:24 pm
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 42
Views: 3866

Re: Stats on Americans 'cutting the cable' ?

I stream all my content through roku and a smart tv. I do buy Netflix and have Amazon Prime. This is enough for me. One thing to consider, if you are a sports nut (I am not) you may find it hard to get all the sports that cable provides. It was never an issue for me, so it worked great. I pay rough...
by StormShadow
Sun Jan 17, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance question as sole beneficiary
Replies: 32
Views: 2419

Re: Inheritance question as sole beneficiary

David Jay wrote:1. Don't let money screw up your relationship with your brother.
2. Do what you believe to be ethical.

Your personal outcome should be "no regrets"

+1

This shouldn't even be a question.
by StormShadow
Thu Jan 07, 2016 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Pondering belated 529 for niece and nephew
Replies: 9
Views: 810

Re: Pondering belated 529 for niece and nephew

Thanks folks! I think I'll move ahead with the 529. The PA 529 provides access to Vanguard funds, and can be started with as little as $25. If you're in Pennsylvania, you get a tax break regardless of which state's 529 you contribute to. Also, the PA 529 fund costs $15 to start. We are in a tax par...
by StormShadow
Thu Jan 07, 2016 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: Worst 401K funds ever. What to do?
Replies: 9
Views: 534

Re: Worst 401K funds ever. What to do?

If you keep the money in taxable then the taxes will likely eat up more than the 401K fees, even with a 1.5% ER. Well, not necessarily. Most of the Vanguard stock funds generate relatively few dividends. Some folks advocate allocating low dividend yielding index funds such as total stock market/tot...
by StormShadow
Thu Jan 07, 2016 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Worst 401K funds ever. What to do?
Replies: 9
Views: 534

Re: Worst 401K funds ever. What to do?

All the expense ratios are above 1.50%. Woof. That sucks. I'd contribute to the match (if you have one), and thats it. I'd choose the cheapest equity fund available. I'd also quietly lobby your fellow co-workers to petition for a better selection of funds. 8-) Otherwise, max out your IRA, pay off y...
by StormShadow
Thu Jan 07, 2016 10:11 pm
Forum: Personal Consumer Issues
Topic: Where to buy nice men's dress shirts?
Replies: 94
Views: 10780

Re: Where to buy nice men's dress shirts?

Brooks Brothers and Nordstrom for the dressy stuff. I like the Joseph A Bank-styles, but I find that many of their shirts begin to fray at the cuffs pretty quickly. My job permits business casual, so my daily wear consists of either Polo, Banana Republic or Tommy Hilfiger. Always with Merrell slip o...
by StormShadow
Thu Jan 07, 2016 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Dipped under Admiral Threshold
Replies: 8
Views: 1705

Re: Dipped under Admiral Threshold

For me, most of my funds were automatically transitioned to Admiral soon after they reached the minimum amount and it wasn't a taxable event. The others, I purchased the minimum Admiral amount straight up ($10k). One of my funds dipped below the $10k mark from the '08 real estate bubble burst, and I...
by StormShadow
Tue Jan 05, 2016 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Flagship customer service
Replies: 10
Views: 1368

Re: Flagship customer service

These folks, who should be the cream of the crop, don't seem to be adequately trained IMHO. This translates into a giant waste of time and, more importantly, a lack of confidence in the answers they provide. What makes you say they are "the cream of the crop"? This is probably the cheapes...

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