Search found 265 matches

by acanthurus
Tue Dec 12, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 48
Views: 2254

Re: Play money individual stocks, which ones?

Apple (AAPL) Caterpillar (CAT) Dow-DuPont (DWDP) John Deere (DE) 3M (MMM) About 17% of my total portfolio is in the above, and I'm selling some this year and more next year after these five had a great 2016 (+25%) and 2017 (+42%) without dividend reinvestment. Figuring out which to sell is the hard ...
by acanthurus
Mon Dec 11, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: States with tax-friendly policies for dividends/LTCG
Replies: 9
Views: 1140

Re: States with tax-friendly policies for dividends/LTCG

Texas is great and doesn't tax investment income but watch out for property taxes.
by acanthurus
Sat Dec 09, 2017 4:58 pm
Forum: Investing - Theory, News & General
Topic: Why Are So Many Companies Announcing Share Buyback?
Replies: 32
Views: 2890

Re: Why Are So Many Companies Announcing Share Buyback?

I guess make CEOs bonuses are tied to stock prices, buying back stocks does the trick. The company I work for does a lot of buybacks, which keeps the price pretty level. They are using leverage or profits to do the buybacks. If leverage, that seems shady, but if profits that seems like a fair way t...
by acanthurus
Thu Dec 07, 2017 9:53 pm
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 42
Views: 1905

Re: Fuel Additives for 2017 Toyota Camry

The only ethanol-related additive I have ever heard of are fuel stabilizers meant for prolonged winter storage, mostly among motorcycle enthusiasts who live in snowy climates and don't ride for several months. I wouldn't bother with anything other than what the owner's manual calls for.
by acanthurus
Sat Dec 02, 2017 5:37 am
Forum: Investing - Help with Personal Investments
Topic: At what spread would you invest in a short term CD vs a High Yield Savings Account?
Replies: 15
Views: 1358

Re: At what spread would you invest in a short term CD vs a High Yield Savings Account?

1-year treasuries are yielding 1.62% and they trade free at most places. I wouldn't sacrifice the liquidity of treasuries for the extra yield with a CD if you are going to hold it to maturity. Six months ago CDs and savings accounts had an edge over treasuries at the short end of the yield curve, th...
by acanthurus
Thu Nov 30, 2017 3:41 pm
Forum: Investing - Theory, News & General
Topic: Hedge Market Risk By Short Selling Index ETF Or Selling Index Futures?
Replies: 27
Views: 1824

Re: Hedge Market Risk By Short Selling Index ETF Or Selling Index Futures?

Not true. its a zero sum game.. Buyers loss is sellers profit. so if it's increasing risk for one party it will be reducing for the other. The person selling you a derivative is usually a market maker that is going to hedge their new position immediately with other instruments. They make money on t...
by acanthurus
Thu Nov 30, 2017 1:17 am
Forum: Investing - Theory, News & General
Topic: Hedge Market Risk By Short Selling Index ETF Or Selling Index Futures?
Replies: 27
Views: 1824

Re: Hedge Market Risk By Short Selling Index ETF Or Selling Index Futures?

Portfolio 1 (blue) 80% Total Stock, 20% Total Bond. Standard deviation 12.02% Portfolio 2 (red) 60% Total Stock, 40% Total Bond. Standard deviation 8.98%. Portfolio 3 (yellow) 73% Total Stock, 7% ProShares Ultrashort S&P 500, 20% Total Bond, 8.97%. I realize it's difficult to back test this stuff, ...
by acanthurus
Wed Nov 29, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 9622

Re: Which crash have you seen it before it is coming?

I told my brother not to buy a house in late 2006 because I though housing was overpriced and he would end up overpaying. His response was not appreciative, so the conversation was memorable. I absolutely did not see the financial crisis that would ensue from the housing bubble. I just saw my cowork...
by acanthurus
Mon Nov 27, 2017 7:21 pm
Forum: Investing - Theory, News & General
Topic: Value Investors vs. S&P 500
Replies: 24
Views: 3061

Re: Value Investors vs. S&P 500

Sorry, I should have typed out equity risk premium.
by acanthurus
Mon Nov 27, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Value Investors vs. S&P 500
Replies: 24
Views: 3061

Re: Value Investors vs. S&P 500

"Value" stocks tend to have both higher returns and higher volatility. Why would a efficient market value $1 at $.50? Maybe because the underlying assets are not worth $1.00? maybe there is rot at the core? Walmart verse K-Mart used to be my favorite example. On almost every metric K-Mart was a bet...
by acanthurus
Mon Nov 27, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Value Investors vs. S&P 500
Replies: 24
Views: 3061

Re: Value Investors vs. S&P 500

I have long been intrigued by the concept of value investing - buying a dollar for $.50 has always seemed to me to be a logical way to make money over the long term. But I was looking recently at the following "collective" portfolio of the top value managers, compiled from their regulatory filings,...
by acanthurus
Wed Nov 22, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 26
Views: 2001

Re: Minimizing capital gains assuming FIFO basis

Borrow against it to invest in the other asset class. Use leverage with derivatives to maintain desired exposure ratios. There are lots of non-Boglehead things that become more cost effective than paying LTCG on highly appreciated positions if you are required to use FIFO. Heck, start your own mutua...
by acanthurus
Wed Nov 22, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 102
Views: 8296

Re: GE - a good value?

And they bought a major oil company when prices were at an all time high and are now unloading it while prices are low. I really agree with most of your post about GE, but the Baker deal was well after oil prices and oil service sector stocks had crashed. BHI was definitely on it's way from being t...
by acanthurus
Sun Nov 19, 2017 7:12 pm
Forum: Investing - Theory, News & General
Topic: AI/Machine Learning/Deep Learning in Investing
Replies: 8
Views: 1034

Re: AI/Machine Learning/Deep Learning in Investing

You can download Python and PyBrain and get access to historical prices and SEC filings with a couple of plugins (pandas datareader using yahoo finance and there's an SECEdgar toolkit I think).
by acanthurus
Sat Nov 11, 2017 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6514

Re: Isn't it safer to NOT sign Credit card?

I had large four figure fraud on my CC and it turned into a fight between my CC company and the brick and mortar store that actually gave the perp the product, with me caught in the middle. It turned into a ridiculous hassle with the CC company almost being accusatory towards me at one point :annoye...
by acanthurus
Fri Nov 10, 2017 5:49 pm
Forum: Personal Consumer Issues
Topic: Audiophile Headphones
Replies: 31
Views: 2571

Re: Audiophile Headphones

I've had various wired Sennheiser over-ears for years. If you like them then anything in the HD-5xx or HD-6xx series would probably be fine. The ones I've had have all been easy to drive and comfortable and I have a hard time justifying the more expensive ones vs. their cheaper brethren.
by acanthurus
Mon Nov 06, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 254
Views: 25817

Re: [Yahoo Finance no longer works - Alternatives to download securities quotes]

Python and Pandas Data Reader are still functioning with yahoo for historical quote data.
by acanthurus
Mon Nov 06, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?
Replies: 50
Views: 5730

Re: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?

I think they have to have a certain % of shares voted for the proxy to count.

Votes for "abstain" should count towards this.

You should be able to vote your proxy and abstain from all issues and end the phone calls/mail/etc.
by acanthurus
Sun Nov 05, 2017 11:33 pm
Forum: Investing - Theory, News & General
Topic: Who owns Vanguard? Schwab and Fidelity!
Replies: 27
Views: 3654

Re: Who owns Vanguard? Schwab and Fidelity!

LadyGeek wrote:
Sun Nov 05, 2017 10:31 am
While the dates don't line up, I don't see how Schwab is close to Vanguard in assets under management.
They are up 2.9T, pretty close to Vanguard:

https://www.brokerage-review.com/invest ... b-aum.aspx
by acanthurus
Tue Oct 17, 2017 9:24 pm
Forum: Investing - Theory, News & General
Topic: The Tell Tale Chart
Replies: 12
Views: 2516

Re: The Tell Tale Chart

Removed
by acanthurus
Sat Oct 07, 2017 1:42 am
Forum: Investing - Theory, News & General
Topic: Gold ETF
Replies: 32
Views: 3317

Re: Gold ETF

Removed
by acanthurus
Wed Sep 27, 2017 2:56 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11997

Re: The Rolex and The Boglehead

You are buying your friend a Rolex? Can I be your friend too? :) I have a weird mental thing where I won't spend hardly any money on myself, but I'm ok with spending money on others. I literally live on like 15k per year right now and am well into the two comma club. I mean the guy's dad died right...
by acanthurus
Wed Sep 27, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11997

Re: The Rolex and The Boglehead

This thread makes me feel like some kind of extravagant prole for liking JDM mid tier watches. They don't hold their value as well but I don't feel too bad when I scratch them either. As for Rolex? Beautiful watches. Rolex is probably the last brand I think of when I think of 'gaudy' short of Bauhau...