Search found 23 matches

by WildCat48
Sun Apr 29, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on using a wealth manager or financial advisor?
Replies: 43
Views: 4240

Re: Advice on using a wealth manager or financial advisor?

Divorce in California? You are screwed. Stay woke.
by WildCat48
Sat Apr 14, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Termination of transfers from SPG and Marriott to airlines?
Replies: 94
Views: 5363

Re: Termination of transfers from SPG and Marriott to airlines?

I'm buying the rumor of them ending transfers on Monday so I have transferred about 75% of my points out to some of my favorite programs, OZ, JL, SQ and KE before the potential armageddon.
by WildCat48
Fri Mar 02, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434393

Re: U.S. stocks in freefall

I'm staying the course, but the colleague I mentioned above is one of the sharpest guys in our firm, thinks we will see the dow around 14,000 by 2020. 14,000 on the DOW in 2020 would effectively mean zero real return on equities over 20 years, that would have to be a record? Yep, I'm not agreeing w...
by WildCat48
Fri Mar 02, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434393

Re: U.S. stocks in freefall

DanMahowny wrote:
Thu Mar 01, 2018 2:16 pm
WildCat48 wrote:
Thu Mar 01, 2018 11:00 am
Have a colleague in my office (non-bogleheader) who is selling everything going to 100% cash. lol.
Personally, I think this is a wise move.
I'm staying the course, but the colleague I mentioned above is one of the sharpest guys in our firm, thinks we will see the dow around 14,000 by 2020.
by WildCat48
Thu Mar 01, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434393

Re: U.S. stocks in freefall

Have a colleague in my office (non-bogleheader) who is selling everything going to 100% cash. lol.
by WildCat48
Tue Feb 27, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 15093

Re: How much cash do you keep at any time on checking?

tesuzuki2002 wrote:
Tue Feb 27, 2018 11:18 pm
WildCat48 wrote:
Tue Feb 27, 2018 10:27 pm
$250-300K, across two checking accounts.
That is a lot of cash. Retired? Saving up for a purchase?
Next estimated tax payments and two months of expenses.
by WildCat48
Tue Feb 27, 2018 11:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Correction Protection In Liquid Alts
Replies: 33
Views: 2588

Re: Larry Swedroe: Correction Protection In Liquid Alts

Marcopolo, 1. Note that Larry claims that each of the alts should have equity like returns with about half the volatility of equities. The equal 1/n combination of them should have same expected return and about one quarter the volatility. In a portfolio, the expected return is the weighted average...
by WildCat48
Tue Feb 27, 2018 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 15093

Re: How much cash do you keep at any time on checking?

$250-300K, across two checking accounts.
by WildCat48
Tue Feb 27, 2018 10:19 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1019110

Re: What Movie Have You Recently Watched?

Surf Ninjas, early 90's garbage, but it hits the spot sometimes, watched it last night.
by WildCat48
Tue Feb 27, 2018 10:17 pm
Forum: Investing - Theory, News & General
Topic: TCEHY -- "google" of China ?
Replies: 17
Views: 1932

Re: TCEHY -- "google" of China ?

Baidu is the main search company in China. TCEHY owns Wechat which is ubiquitous in China. Wechat is like Facebook with a messenger app, and a payment app all in one. Local Chinese is able to use Wechat to pay for almost everything in China. Bingo, you literally can't do anything in China without W...
by WildCat48
Tue Feb 27, 2018 10:14 pm
Forum: Personal Consumer Issues
Topic: Any downside to WiFi calling?
Replies: 25
Views: 2171

Re: Any downside to WiFi calling?

Also on Google Fi and wifi calling is great for me both domestically and abroad, my area doesn't have great cell phone coverage on any carrier so being able to call via wifi is nice.
by WildCat48
Tue Feb 27, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: Favorite socks?
Replies: 83
Views: 5704

Re: Favorite socks?

I like Thorlo socks. I have mostly all black socks, two pairs of navy, one of white. I also have two pairs that are a bit longer for airline travel so they’re no gap between slacks and socks. For Thorlo, I try to find sales where you buy some and get a free pair. I like the build in padding for hee...
by WildCat48
Tue Feb 27, 2018 10:07 pm
Forum: Personal Consumer Issues
Topic: Need a Pocket Watch
Replies: 26
Views: 1449

Re: Need a Pocket Watch

Unbelievably, a BH forum search turned up exactly ZERO threads on this topic. Loathe (= won't wear) a wrist watch. Haven't carried a watch around with me for 30 years (everyone else had one, cell phones defaulted to showing the time, wall clocks were everywhere (hospital work), etc). Not true so mu...
by WildCat48
Tue Feb 27, 2018 10:04 pm
Forum: Personal Consumer Issues
Topic: Value of an Elite MBA
Replies: 58
Views: 5906

Re: Value of an Elite MBA

I have an elite MBA and it has been completely worthless other than my international network of spare bedrooms when I travel, nothing beats free places to crash in London, Paris, Hong Kong, Singapore, and Mumbai.
by WildCat48
Tue Feb 27, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Physical cash
Replies: 121
Views: 8384

Re: Physical cash

In the US I keep about $200-$300 on me at all time and about 2-3K in the house. In my house out of the country, I keep about 25K in a mix of USD and local equivalent in cash.
by WildCat48
Mon Feb 26, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Just had our offer accepted on a $1.4 Million House
Replies: 90
Views: 9619

Re: Just had our offer accepted on a $1.4 Million House

I totally agree with you dude, if these people actually lived in LA they would tell you to BUY BUY BUY. Renting in LA is ridiculous, that $1.4M house will never depreciate over any five-year horizon. :sharebeer
by WildCat48
Mon Feb 26, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: P2P Platforms for EU investors?
Replies: 10
Views: 628

Re: P2P Platforms for EU investors?

The performance has not been great in P2P over the last few years. I can't imagine how bad it will get if we hit a recession. Even with the economy doing well, the default rate has taken off. The upside doesn't seem to justify the risk anymore, especially considering the taxibility of those investm...
by WildCat48
Fri Sep 08, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: My Favorite Alternative Funds
Replies: 198
Views: 29301

Re: My Favorite Alternative Funds

It looks like SRRIX is sure taking a hit due to these Hurricanes....Not sure if I would want to be in this fund if I was a believer in climate change.
by WildCat48
Tue Jul 18, 2017 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: [Need help to review alternative investment portfolio]
Replies: 18
Views: 1731

Re: [Need help to review alternative investment portfolio]

Help me decode this... gobbledegook. From the LENDX Annual Report, 2/28/2017 Please confirm my impression that the annual report might be saying: The expense ratio was 4.42%. If the return had, hypothetically, been 5% per year, then during the reporting period the fund managers would have taken $21...
by WildCat48
Tue Jul 18, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: [Need help to review alternative investment portfolio]
Replies: 18
Views: 1731

Re: [Need help to review alternative investment portfolio]

nisiprius wrote:It seems faddish to me.
This is exactly my concern. I don't think he knows how to explain an interval fund. I don't think he wants my help anymore he sent me a text today that he is going with the advisor with access to the stone ridge funds.
by WildCat48
Mon Jul 17, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: [Need help to review alternative investment portfolio]
Replies: 18
Views: 1731

Re: [Need help to review alternative investment portfolio]

I agree with nedsaid. It would be interesting to know the rest of the portfolio to see if it has more BAM fingerprints on it ... but this is not the usual actively-managed high-fee crap one gets from a run-of-the-mill firm. Thanks, he might not be getting fleeced as I originally assumed. It looks l...
by WildCat48
Sun Jul 16, 2017 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: [Need help to review alternative investment portfolio]
Replies: 18
Views: 1731

[Need help to review alternative investment portfolio]

[Split into a new post from: My Favorite Alternative Funds --admin LadyGeek] First time posting but long time lurker! I self-manage my portfolio with vanguard funds. Recently, a friend came into a substantial windfall. He's been interviewing investment firms about handling my accounts. I have refer...