Search found 1277 matches

by Tanelorn
Tue Nov 21, 2017 8:10 am
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 39
Views: 3047

Re: WSJ commentary about declining # of publicly traded companies

As someone else mentioned the cost of Sarbanes Oxley keeps a lot of smaller companies from going public - they simply can't afford the large expenses associated with compliance. That said - I don't think it is necessarily a bad thing for index investors - it assures that nonprofitable companies wit...
by Tanelorn
Sun Nov 19, 2017 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2519

Re: Risks of Non-ACA Compliant Health Insurance?

You just sort of have to accept that you can't afford a PPO in this market and hope the HMO works out. I'm not OP, but I refuse to settle for a poor HMO and "hope it works out". Kaiser isn't available where I am and the few HMOs that are have very limited and often poor networks (first hand experie...
by Tanelorn
Sun Nov 19, 2017 6:16 am
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2519

Re: Risks of Non-ACA Compliant Health Insurance?

Before the ACA, individual health insurance for a r easonable healthy person costed about 1/3 of the current, unsubsidized ACA Silver plans. I think you probably mean "YOUNG" reasonably healthy person... Before the ACA, in most states, health insurance policies were much, much more expensive for mu...
by Tanelorn
Sun Nov 19, 2017 4:33 am
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 39
Views: 3047

Re: WSJ commentary about declining # of publicly traded companies

Grateful for enforced ignorance? You've got to be kidding. This is a financial board. The top two Google links on "top 10 costs of sarbannes oxley" reveal a link behind a paywall, and a very short article that again does not get into details. http://ww2.cfo.com/auditing/2015/05/sox-compliance-getti...
by Tanelorn
Sat Nov 18, 2017 3:08 pm
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 39
Views: 3047

Re: WSJ commentary about declining # of publicly traded companies

Note the author of the WSJ works for a private equity shop, so they'd love to convince you that expensive private equity funds are a good way to recapture and index this growing and "missing" part of the stock market. Rick Ferri covered this years ago - this effect has been going on for a long time....
by Tanelorn
Sat Nov 18, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2519

Re: Risks of Non-ACA Compliant Health Insurance?

I just hope you do not take risks of the health and well being of your family with one of these "bargain" plans. How can a good plan, such as these, be 1/3 the cost? Before the ACA, individual health insurance for a reasonable healthy person costed about 1/3 of the current, unsubsidized ACA Silver ...
by Tanelorn
Sat Nov 18, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2519

Re: Risks of Non-ACA Compliant Health Insurance?

The Petersen and National General policies allow for guaranteed renewal and pre-ex conditions developed in a prior coverage period are covered, but pre-ex conditions from before the first policy were bought are not covered. Ex: Buy policy that starts January 1, have heart attack January 30, renew p...
by Tanelorn
Sat Nov 18, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2519

Re: Risks of Non-ACA Compliant Health Insurance?

I just don't get why you would take serious risks of a non ACA plan for a family of four when you can get a fully ACA compliant Kaiser plan - zero risk of pre-existing condition exclusion, ready access to all types of excellent Physicians, urgent care facilities, centralized records, and so on. I g...
by Tanelorn
Sat Nov 18, 2017 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2519

Re: Risks of Non-ACA Compliant Health Insurance?

It's probably hard to run up $1M in costs in just 6 months, but I guess it's possible. It's not hard at all if you have a premie with birth defects. Or the whole family is in a car accident. OP said the policy was per person, so a car crash is no worse for the whole family in terms of coverage than...
by Tanelorn
Fri Nov 17, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of Non-ACA Compliant Health Insurance?
Replies: 66
Views: 2519

Re: Risks of Non-ACA Compliant Health Insurance?

Our COBRA plan expires in a few months so we're looking at alternatives. We (family of 4) prefer to continue with a PPO but healthcare.gov only offers one plan and the premium is $3,700/month ! :shock: If we want the flexibility of a PPO-like plan, I've found three options that are not ACA complian...
by Tanelorn
Fri Nov 17, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard hunt down overseas investors?
Replies: 8
Views: 1436

Re: Does Vanguard hunt down overseas investors?

Why would this matter? If it is illegal to fake a physical address, then it is illegal. Being caught or not shouldn't be the sole reason for people to not commit an illegal matter! It's not illegal, it's just the broker's compliance departments don't care about Americans living abroad and will try ...
by Tanelorn
Wed Nov 08, 2017 10:52 pm
Forum: Personal Consumer Issues
Topic: What do you do to keep your mind sharp?
Replies: 65
Views: 4778

Re: What do you do to keep your mind sharp?

Try to beat the market :)
by Tanelorn
Sun Nov 05, 2017 10:19 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 220
Views: 28985

Re: 2017 hedge fund contest

There have been a number of shakeups among the top funds in the past two weeks. While the markets have been rising as the year draws to a close, our top leaders are both short only funds. Here are the updates: camper's Death Knell fund has regained second place with a 46% return so far on the back o...
by Tanelorn
Sat Nov 04, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Out of network care
Replies: 84
Views: 4888

Re: Out of network care

If you travel out of your home area, an HMO is virtually worthless. IOW, you are responsible for all (grossly inflated) costs because the HMO doesn't care about your OON visits. There may be limited exceptions for "true" emergencies, but you will need to read the insurance contract as every contrac...
by Tanelorn
Sat Nov 04, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Parent question: does it pay for them to stretch to max 401k last year of working?
Replies: 17
Views: 1528

Re: Parent question: does it pay for them to stretch to max 401k last year of working?

Max it out. Their tax rate will be lower in retirement, so they save more now with the deduction than they will pay if they tax the money out in a few years. Moving from NY to FL will help too - avoid the state income tax as well. Easy call.
by Tanelorn
Tue Oct 31, 2017 8:31 pm
Forum: Investing - Theory, News & General
Topic: My Favorite Alternative Funds
Replies: 184
Views: 21482

Re: My Favorite Alternative Funds

I didn't see as much discussion of Stone Ridge's Variance Risk Premium funds (which basically sell volatility via index put options), but the Emerging and International equity ones are shutting down: https://www.sec.gov/Archives/edgar/data/1559992/000119312517326637/d485934d497.htm The US large and ...
by Tanelorn
Sat Oct 28, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 18564

Re: Early-retired 35 year old with $1 million

Health cost planning is a big one, but if OP wants to live on $30k/year in expenses in a LCOL area, he is probably better off than most people think. With that low an income hypothetically from investments, he would pay nearly nothing in taxes and could qualify for various government subsidies for l...
by Tanelorn
Sat Oct 28, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14590

Re: 2018 ACA rates now live....

I don't think the current system has made it any easier to retire earlier. Maybe I'm not planning on a sufficiently modest and tax-free early retirement, but if I was earning enough to retire comfortably early on my investments and such, I wouldn't be eligible for much if any subsidies on health in...
by Tanelorn
Sat Oct 28, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14590

Re: 2018 ACA rates now live....

Given that insurers get more profit from higher premiums, why wouldn't they want to keep offering these expensive plans as long as anyone was willing to buy them? There must be something else driving this that I don't understand. Because they were losing money on them - surely those Evil Greedy ins...
by Tanelorn
Sat Oct 28, 2017 12:02 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14590

Re: 2018 ACA rates now live....

This thread has been very disheartening. For someone who plans on early retirement it is downright frightening to do so. The unpredictability of the cost and the uncertainty about the availability of any health insurance is the big thing that makes it hard to plan for an early retirement. While the...
by Tanelorn
Wed Oct 25, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14590

Re: 2018 ACA rates now live....

Anything above 4.5% means the market is not sustainable. It's just a matter of whether the market collapses in 2 years or 20 years. It can't keep going up like this forever. Benchmark Silver went up 25% from 2016 to 2017, and another 38% from 2017 to 2018 according to this article. Several states a...
by Tanelorn
Mon Oct 23, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: Motif Investing Implementation of Ultimate Buy and Hold
Replies: 33
Views: 4678

Re: Motif Investing Implementation of Ultimate Buy and Hold

I wouldn't buy the Motif, but then again I wouldn't buy any Motif unless I was doing it to earn a bonus. Instead I would buy the ETFs individually so I can TLH, rebalance, etc. as I see fit. The Motif is just a gimmick - think of it as a customized basket with a low trading cost. You actually own s...
by Tanelorn
Mon Oct 23, 2017 1:18 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 16147

Re: Bitcoin in 3-fund indexed portfolio?

Looks like Bitcoin and similar coins are doing well at providing inflation protection as well as income in some emerging markets.

https://www.yahoo.com/news/venezuelans- ... 07653.html
by Tanelorn
Mon Oct 23, 2017 12:47 am
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 220
Views: 28985

Re: 2017 hedge fund contest

Sorry for the lack of updates and missing the Q3 recap. With only a bit more than two months to go, here are the standings as of 10/20: 1. Better Lucky Than Good, Tanelorn 92% 2. Commonwealth of Buckaroo Dough Holdings, GoldenFinch 36% 3. Stochastic Capital Fund (RUNIF), wsgosset 35% 4. Sticky Wonde...
by Tanelorn
Wed Oct 18, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 49
Views: 4004

Re: anhybody buying bitcoin

lazyday wrote:
Wed Oct 18, 2017 12:14 pm
Bitcoin is magical. The more expensive it gets, the more people like it.
Stocks and the stock market work the same way.
by Tanelorn
Sun Oct 15, 2017 7:22 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10456

Re: 2018 ACA costs arrived

I looked on eHealthinsurace.com for short-term policies. It said there were none available. Only "GAP" policies. These had ridiculously low payouts. Like a max of $7k. Which you could exceed with a broken limb. I am in a big city. Not sure why none were showing. Some states have banned the sale of ...
by Tanelorn
Fri Oct 13, 2017 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 5888

Re: Help me understand what happen with the new law and ACA subsidies

PJW - thank you for your efforts and excellent links. Actionable items: Get a job with group insurance Marry someone with group insurance Houston, we may have a problem. (1) I may be too old to get a job, but too young to be on Medicare. (2) I can't find someone with group insurance to marry. Depend...
by Tanelorn
Fri Oct 13, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 5888

Re: Help me understand what happen with the new law and ACA subsidies

Is there a deadline for when insurance companies can withdraw from a market? Or is that a state-specific rule? Normally they have already committed to 2018 rates at this point, but there's a question if this subsidy change is sufficiently material to allow them to get out of that. Some people sugge...
by Tanelorn
Fri Oct 13, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10456

Re: 2018 ACA costs arrived

2013 $5,884* $16,351* 2014 $6,025 $16,834* 2015 $6,251* $17,545* 2016 $6,435 $18,142* Your quoting average health insurance costs through an employer. For the 2013-2016 period, the total increase for either individual or family shown above is 10% in total (not per year). In contrast, the unsubsidiz...
by Tanelorn
Mon Oct 02, 2017 4:22 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16803

Re: $10 million+ - Still Working and LBYM

How much would it cost to create your own index fund? You are going to rebalance this fund every day then? And keeping this in balance/proportion from day to day - would that also be more costly as well? Would you have a staff of people to run this? It's a fun problem to have, but I'm not sure I'd ...
by Tanelorn
Tue Sep 26, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: Inverse roth conversion strategy (not roth recharacterization)
Replies: 4
Views: 708

Re: Inverse roth conversion strategy (not roth recharacterization)

The after tax / backdoor Roth moves are just ways to move after tax cash into a Roth. That sounds good if you have lots of taxable assets and don't want to pay tax on their investment returns. However, that's not your problem. You've got lots of income and not that many assets. Better to use your as...
by Tanelorn
Tue Sep 26, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: Inverse roth conversion strategy (not roth recharacterization)
Replies: 4
Views: 708

Re: Inverse roth conversion strategy (not roth recharacterization)

I think you're broadly thinking about this correctly. If, due to constrained cashflow, your choice is: $20k in taxable income, already spent $20k stays in Roth -$12k tax liability (@40%) Vs $20k in a pretax account/plan $0 in Roth $0 taxable income / no tax liability It basically comes down to if yo...
by Tanelorn
Wed Sep 20, 2017 10:53 am
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 9461

Re: Bogleheads you would most like to meet and why?

livesoft wrote:
Wed Sep 20, 2017 10:34 am
sscritic is alive and well. We had lunch together a little while ago.
Sorry for the confusion. In his case, I meant he was no longer with us here at Bogleheads, not to imply he had died like the others.
by Tanelorn
Wed Sep 20, 2017 6:52 am
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 9461

Re: Bogleheads you would most like to meet and why?

Experts no longer with us:

Old Meph - insurance
sscritic - social security
LH2004 - taxes
by Tanelorn
Tue Sep 19, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Scottrade pain coming...
Replies: 17
Views: 2765

Re: Scottrade pain coming...

OANIX and ODVIX are Institutional versions of the funds, probably with lower .ERs than "investor" class. Were you able to buy these since you represent an institution or have multi-million dollar balances? What is wrong with the Investor class instead? I'm wondering if it was a fluke when you bough...
by Tanelorn
Tue Sep 19, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Scottrade pain coming...
Replies: 17
Views: 2765

Re: Scottrade pain coming...

You might contact your Scottrade branch with your concerns and inquire if they will grandfather your mutual fund commissions or something similar. They do want to keep their customers, and things like that are negotiable. If you are looking to leave, you might check Etrade - they have relatively low...
by Tanelorn
Mon Sep 18, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 238
Views: 29545

Re: What is Bitcoin?

This was a good blog post on the high level aspects of bitcoin.

https://valueandopportunity.com/2017/09 ... ke-myself/
by Tanelorn
Sun Sep 17, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: US removing Kaspersky Antivirus from government computers
Replies: 38
Views: 3666

Re: US removing Kaspersky Antivirus from government computers

Just to try to be clear-headed about this, considerations that might disqualify a foreign-made product from being used on government computers might not disqualify it from being used on my personal computer. It might be appropriate for the U.S. government to ban a foreign-made software product out ...
by Tanelorn
Sun Sep 17, 2017 7:37 am
Forum: Investing - Theory, News & General
Topic: Wiki article - Bitcoin
Replies: 37
Views: 4586

Re: Wiki article - Bitcoin

Since commodities are generally consumed, perhaps the strongest analogy is to precious metals, and in particular gold, whose main uses are decorative. Gold is not consumed, it just remains as a stockpile somewhere, in some form. Thinking about BitCoin has a high volatility version of gold is probab...
by Tanelorn
Sat Sep 16, 2017 8:19 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 16147

Re: Bitcoin in 3-fund indexed portfolio?

Here's a good FT article on many aspects of BitCoin, ICOs, and how some venture capitalists think investing in these new tokens could be a way to get on board for the next big internet platform ala Facebook such as open source distributed storage. http://archive.is/LwxgZ https://www.ft.com/content/2...
by Tanelorn
Wed Sep 13, 2017 12:37 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 16147

Re: Bitcoin in 3-fund indexed portfolio?

Uncle Pennybags wrote:
Tue Sep 12, 2017 11:14 am
The more I read about "coin" the more I realize I will never truly understand them. Never invest in something one does not understand.
You've more than made your point. Since you admittedly don't understand BitCoin, maybe you can stop distracting those who are trying to learn.
by Tanelorn
Mon Sep 11, 2017 9:51 pm
Forum: Investing - Theory, News & General
Topic: Wiki article - Bitcoin
Replies: 37
Views: 4586

Re: Wiki article - Bitcoin

As for the role in a bogleheads' portfolio, I think the 2 most important points about bitcoin are: 1. It's not an investment as it doesn't produce any value. For the average investor, real return after expenses will be negative. I think this is a poor argument and I dislike it as applied to other i...
by Tanelorn
Mon Sep 11, 2017 9:34 pm
Forum: Investing - Theory, News & General
Topic: Wiki article - Bitcoin
Replies: 37
Views: 4586

Re: Wiki article - Bitcoin

In reference to the above, I wasn't saying I was any more authoritative than the Forbes author, as I am certainly not an expert on BC, just giving my reasons for how I thought about the asset class / allocation question. In terms of constructive suggestions for the Wiki, I would suggest changing the...
by Tanelorn
Mon Sep 11, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 16147

Re: Bitcoin in 3-fund indexed portfolio?

Caution, Bitcoin should not be considered as cash. See the wiki: Bitcoin (Role in a portfolio) Well, the Wiki is just quoting Peter Tchir's Forbes article and he doesn't justify much of what he says except to argue BCs are more volatile that many currencies. Sure he's entitled to his opinion, but I...
by Tanelorn
Mon Sep 11, 2017 6:42 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 16147

Re: Bitcoin in 3-fund indexed portfolio?

Swelfie - thank you for your very detailed replies. I'll try to address some of the various comments earlier in this thread: More broadly, in a portfolio context, I think BitCoin should be viewed as either cash or gold. I know someone who argues for keeping 10% of their "cash" allocation in crypto c...
by Tanelorn
Fri Sep 08, 2017 7:52 pm
Forum: Personal Consumer Issues
Topic: Do I need an Amazon Echo??.....
Replies: 68
Views: 5186

Re: Do I need an Amazon Echo??.....

Teague wrote:
Wed Sep 06, 2017 10:20 pm
I asked my really smart neighbor who works for the NSA. He seems to think everybody should have one.
Obligatory XKCD

https://xkcd.com/1807/
by Tanelorn
Thu Sep 07, 2017 12:40 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 17899

Re: [Are the Bogleheads] getting less interesting?

I broadly agree with OP, and attribute that mostly to becoming more knowledgeable myself so fewer financial topics are still of interest. It's possible censorship, self or otherwise, has contributed but I have not be watching closely enough to judge that, but it would be my second guess as an explan...
by Tanelorn
Wed Sep 06, 2017 11:30 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 220
Views: 28985

Re: 2017 hedge fund contest

Thanks. Looks like I could have waited a day, but 45% seemed like a good 8 month return. :) I updated the spreadsheet to reflect your sale. Yeah, ILMN continued to move about 1% higher, but it's nice to lock in gains too and not worry about the risks sometimes. current standings - 2017 hedge fund c...
by Tanelorn
Fri Sep 01, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 220
Views: 28985

Re: 2017 hedge fund contest

goblue100 wrote:
Thu Aug 31, 2017 2:18 pm
I'd like to close my position in ILMN.
Congrats on your Illumina pick, up 45%! I'll update the spreadsheet later this weekend to reflect yesterday's close as you requested, $204.46.