Search found 16 matches

by jcavana1
Thu May 25, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: The dot com "do over" bull market?
Replies: 58
Views: 4892

Re: The dot com "do over" bull market?

[quote="frankmorris"]Reading through Random Walk Down Wall Street, and trying really hard to see what bubble we're in right now, if we're in one. One comment theme amongst bubbles is that some new fad (business model, technology, etc.) causes people to not see that the business models thos...
by jcavana1
Sat May 20, 2017 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 5556

Re: Convince me to get back into stocks!

I was in your situation last year, relatively new to investing and feeling like I could time the market. To make a long story short, I got lucky and timed the Brexit tank just about perfectly. I was honest with myself and realized that it was just luck. I had no idea Brexit was going to happen or th...
by jcavana1
Fri May 19, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3096

Re: I am a huge believer in Passive Indexing.. but.....

It is a phenomena due to their size, which they have been vocal about for many years, that returns will start going down and it will be harder to beat the benchmark. But even beating the benchmarks after all taxes/costs by 1-2% per year is significant in the long run.[/quote] I read a quote from Buf...
by jcavana1
Sun May 14, 2017 6:28 am
Forum: Personal Consumer Issues
Topic: Switch from iPhone to Google Fi and Pixel?
Replies: 37
Views: 3412

Re: Switxh from iPhone to Google Fi and Pixel?

I've had my iPhone 6+ since Dec 3, 2014 and I paid over $900 for it including tax (the < $1/day for it will be near the end of next month). I'm not a Mac guy, per se, I believe in using the right tools for the right jobs, and I do have a ~3.5-year old 15-inch MacBook pro that has served me well. So...
by jcavana1
Thu May 11, 2017 5:12 am
Forum: Investing - Theory, News & General
Topic: Gundlach shorts S&P 500, says passive investing is a 'myth'
Replies: 51
Views: 5926

Re: Gundlach shorts S&P 500, says passive investing is a 'myth'

selftalk wrote:John Bogle doesn`t know anyone who can consistently BEAT THE MARKET. In fact he said that he doesn`t know anyone that knows anyone that consistanly beats the market.


Buffett??
by jcavana1
Sun May 07, 2017 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Annuities - Pros -vs- Cons
Replies: 26
Views: 1961

Re: Fixed Annuities - Pros -vs- Cons

Warning warning warning! "Fixed annuity" is not the complete name of the product, and there are two quite different products with names that sound like this. 1) So-called "Fixed indexed annuities" which are very bad, not recommended by anyone I know except people who sell them, ...
by jcavana1
Sun May 07, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Annuities - Pros -vs- Cons
Replies: 26
Views: 1961

Re: Fixed Annuities - Pros -vs- Cons

I have a fixed annuity my parents bought me to the tune of $5k shortly after i was born, so about 37 years ago. I don't really understand what their thinking was, and they don't remember either. At various times over the years I've been tempted to just liquidate it and consolidate the proceeds into...
by jcavana1
Tue Apr 25, 2017 10:58 am
Forum: Investing - Theory, News & General
Topic: Question about dividends paid out by mutual funds
Replies: 3
Views: 430

Question about dividends paid out by mutual funds

When owning a single stock the dividend eligible and payout dates are clearly defined and the stock is marked down on the payout date (I believe). How does this process work with funds that payout dividends annually? What is to stop someone from purchasing the fund immediately before the dividend is...
by jcavana1
Fri Apr 14, 2017 4:22 pm
Forum: Personal Consumer Issues
Topic: Anyone else decided not to finish med school?
Replies: 55
Views: 6125

Re: Anyone else decided not to finish med school?

As a medical resident in my 8th year of post college training and with two years to go, if he wasn't sure about it that early then i really think he made the right decision. It gets harder and more difficult to be enthusiastic every year.

No shame in trying to be happy.
by jcavana1
Fri Apr 07, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help Understanding Preferred Stock Risk
Replies: 39
Views: 2701

Re: Help Understanding Preferred Stock Risk

My issue with preferred stocks is that the massive and well documented recent investor preference for yield has made anything with a high yield a crowded investment. Also look at a chart of PFF during the market crash. Prefeereds went from $47 to $19. That is NOT a suitable replacement for bonds in...
by jcavana1
Tue Apr 04, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help Understanding Preferred Stock Risk
Replies: 39
Views: 2701

Re: Help Understanding Preferred Stock Risk

My issue with preferred stocks is that the massive and well documented recent investor preference for yield has made anything with a high yield a crowded investment. Also look at a chart of PFF during the market crash. Prefeereds went from $47 to $19. That is NOT a suitable replacement for bonds in...
by jcavana1
Sat Apr 01, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help Understanding Preferred Stock Risk
Replies: 39
Views: 2701

Re: Help Understanding Preferred Stock Risk

I would be using money from my bond allocation. I understand that rising rates would negatively affect the cost of the preferred shares, as they would for bonds. However, I expect to hold these for decades and dont worry about short term rates.
by jcavana1
Sat Apr 01, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help Understanding Preferred Stock Risk
Replies: 39
Views: 2701

Help Understanding Preferred Stock Risk

I have read Larry's thorough piece on the risk of preferred stock: http://www.cbsnews.com/news/why-you-should-avoid-preferred-stocks/ But am still having trouble assessing risk relating specifically NON-CALLABLE preferred stock. Assuming that I believe 1) Wells Fargo will not go bankrupt for the nex...
by jcavana1
Tue Oct 25, 2016 6:03 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 186
Views: 28185

Re: Chase Sapphire Reserve: Too good to be (completely) true

If you were to only count spending on the 3x categories, you'd have to spend $3333 per year to cover $150 annual fee (subtracting $300 travel credit). Compare this to the Chase Sapphire Preferred with an annual fee of $95 and 2x points on dining and travel, you'd have to spend $3800 on these catego...
by jcavana1
Fri Oct 21, 2016 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Got Chase sapphire reserve credit card. Can I close C S preferred
Replies: 16
Views: 2268

Re: Got Chase sapphire reserve credit card. Can I close C S preferred

Not my website but CreditCardpeDiem has a good CSR synopsis
by jcavana1
Mon Aug 22, 2016 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Getting started with Investing
Replies: 3
Views: 381

Getting started with Investing

I am 25 yo female who recently started saving for retirement. I am currently sitting on approximately 25k in a money market account and am a little apprenhensive about whether or not to invest in the market and bonds, CD or keep a large portion of it in my current account. I hesitate to invest becau...

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