Search found 1642 matches

by tj
Thu Feb 11, 2016 8:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2726
Views: 538846

Re: U.S. stocks in freefall

I wasn't a member of this forum back in 2011, the last time a decline like this occurred (the 2011 decline was actually much worse than this one...so far). Where there a bunch of Broadstones and Visualguys around then too? I don't even remember the 2011 drop....which is how I hope to feel about thi...
by tj
Thu Feb 11, 2016 3:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2726
Views: 538846

Re: U.S. stocks in freefall

I have roughly 10x annual expenses including over a year's worth of expenses in 5% APY cash. How do you earn 5% on cash at present? Savings accounts that are attached to Prepaid Cards - Mango, NetSpend, Brinks, Ace Elite, and HEB are probably the most popular. Also have a Rewards Checking account t...
by tj
Thu Feb 11, 2016 1:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2726
Views: 538846

Re: U.S. stocks in freefall

the hope is that this will be irrelevant 20-30 years from now when i need the $$. Who knows what it will be like 20-30 years from now when you need the money. If you need to sell after a market crash at that time, things can be ugly. If US index behavior starts resembling ex-US index behavior more,...
by tj
Thu Feb 11, 2016 11:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2726
Views: 538846

Re: U.S. stocks in freefall

I have to maintain a $100k average with Merrill Edge to hit Platinum Honors, so I just keep pumping $$$ into it out of my salary every couple weeks...it takes a lot of the emotion out of it I guess. :D
by tj
Thu Feb 11, 2016 11:00 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2726
Views: 538846

Re: U.S. stocks in freefall

I don't really get the panic selling. i just bought more VT today! Are people literally concerned about their fund NAV's going all the way to $0.00 ? All selling now accomplishes is to realize a loss. Of course, it frustrates me that I didn't get in at the biggest drop of the day, but the hope is th...
by tj
Sat Feb 06, 2016 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Accelerating financial independence by living with father-in-law?
Replies: 23
Views: 2209

Re: Accelerating financial independence by living with father-in-law?

I've always found it strange that Intergenerational living is so taboo in Western American culture. So many of the Hispanics and Asians do it and it's perfectly normal. If you feel like it would be an imposition on your life, then don't go for it. If you think it would be a beneficial environment to...
by tj
Sat Feb 06, 2016 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 438
Views: 259807

Re: Mango prepaid card - 4.8% (effective) APY

All of my bank account bonuses have been 1099-Int. The only exception was (Capital One) ShareBuilder which showed up on a 1099-Misc
by tj
Mon Jan 25, 2016 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Online Tax Service..H&R Block
Replies: 4
Views: 429

Re: Online Tax Service..H&R Block

I do it. I'm not worried about it. IT beats having to type it all in!
by tj
Wed Jan 20, 2016 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Market down - lost alot of $ - nervous..
Replies: 60
Views: 6847

Re: Market down - lost alot of $ - nervous..

You only "lose" the $$ if you sell it. I wouldn't.

Some of the shares of VT I bought this morning gained 2% by the end of the day. Crazy day!
by tj
Wed Jan 20, 2016 12:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2726
Views: 538846

Re: U.S. stocks in freefall

I had filled up the Roth accounts of my wife's and mine until last Friday. I will buy more in taxable account when S&P is down 20%, and again at -30%. In my opinion, you just do what you believe in. How do you know that it is going to -20% and -30% before it goes +20% or +30%? This sell-off see...
by tj
Tue Jan 19, 2016 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Best place to live in CA for a retiree
Replies: 27
Views: 2379

Re: Best place to live in CA for a retiree

Is there anywhere in the state that is cheaper than Sacramento / Fresno area ? I have no idea what you would do for entertainment, however. :)
by tj
Mon Jan 18, 2016 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Do index funds hedge against currency risk
Replies: 10
Views: 652

Re: Do index funds hedge against currency risk

I'd guess not simply because Vanguard US's foreign index funds do not hedge their equity.
by tj
Fri Jan 15, 2016 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off my bride's student loans
Replies: 72
Views: 5078

Re: Paying off my bride's student loans

Sometimes emotions are more important than the actual financials. As they say, happy wife, happy life. Maybe you could refi now that she has your income in addition to her own? It would be weird to say, honey, don't forget your student loan payment is due today, you going to write me a check or pay...
by tj
Fri Jan 15, 2016 12:39 pm
Forum: Investing - Theory, News & General
Topic: I'm sitting here watching FOX Business...14200??
Replies: 92
Views: 7572

Re: I'm sitting here watching FOX Business...14200??

I still have 20 years till retirement to make it up. LOL...and for those with 3-5 years they are SOL if they made the wrong decisions with their allocations. Well, I was speaking for myself but I get your point. I read a lot on this and other boards about sequence of returns risk; that 5 year perio...
by tj
Fri Jan 15, 2016 12:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2726
Views: 538846

Re: U.S. stocks in freefall

Is there any logic for this recent seemingly higher than normal volatility? A lot of "big" gains and drops these past few weeks...
by tj
Thu Jan 14, 2016 5:53 pm
Forum: Personal Consumer Issues
Topic: Medical Insurance for New Zealand Working Holiday Visa
Replies: 5
Views: 422

Re: Medical Insurance for New Zealand Working Holiday Visa

If he getting the visa through BUNAC? If so, he should be able to get insurance through them.

http://www.bunac.org/usa/work-abroad/wo ... -and-costs
by tj
Thu Jan 14, 2016 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 306
Views: 66181

Re: Share your networth progression

I always see the inverse relationship of those who want to retire extremely early vs those who have the assets to do so. If you are the type of person who does not like working and would prefer to spend your time traveling, exploring, etc, you seem much less likely to have the wealth to do so. If y...
by tj
Thu Jan 14, 2016 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 306
Views: 66181

Re: Share your networth progression

I always see the inverse relationship of those who want to retire extremely early vs those who have the assets to do so. If you are the type of person who does not like working and would prefer to spend your time traveling, exploring, etc, you seem much less likely to have the wealth to do so. If y...
by tj
Wed Jan 13, 2016 3:36 pm
Forum: Investing - Theory, News & General
Topic: Have Vanguard's active funds added value
Replies: 32
Views: 3875

Re: Have Vanguard's active funds added value

Two issues with this.

1.) The table used the Investor Shares classes, not Admiral shares, presumably reducing the Vanguard active funds returns slightly.

2.) The analysis neglected to take into consideration that the DFA funds generally require extra bps for adviser compensation.
by tj
Tue Jan 12, 2016 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 306
Views: 66181

Re: Share your networth progression

I didn't start really keeping track until the middle of 2010 at the age of 25. 7/1/10 - $44k 1/1/11 - $69k (I think this increase is a combination of bull market and I bought a new car towards the end of 2010) 1/1/12 - $79k (In late '11 I refinanced condo loan from 30 year 5.25% to 15 year 3.625%) ...
by tj
Tue Jan 12, 2016 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 266
Views: 23543

Re: Credit Card Rewards (Travel)

IMO, the fear of closing cards is a bit overrated. I've had cards closed on me for inactivity. It's a non-issue.
by tj
Tue Jan 12, 2016 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 266
Views: 23543

Re: Credit Card Rewards (Travel)

I too have Chase Freedom and Chase Sapphire Preferred. I am planning to keep the CSP even after the annual fee kicks in as a holder of my Ultimate Reward points. Why keep it? You can keep the points to redeem for cash or gift cards if you have a freedom. Or you can transfer them out to an airline o...
by tj
Sun Jan 10, 2016 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 266
Views: 23543

Re: Credit Card Rewards (Travel)

I dont see much value in the hotel cards myself. I guess I would do the starwood amex to convert to American miles, but I already have plenty of American miles from the American cards and the old US Airways card.
by tj
Thu Jan 07, 2016 11:04 am
Forum: Investing - Help with Personal Investments
Topic: How to Tax Loss Harvest an ETF ?
Replies: 1
Views: 112

How to Tax Loss Harvest an ETF ?

is there a post on this somewhere? Thanks to this December/January fun, I have some noticeable losses in my Vanguard ETF's at Merrill Edge. The question is, if I were to sell an ETF, do I have to wait for the cash to clear from that trade before i can buy the TLH pair? Unfortunately the only option ...
by tj
Sat Jan 02, 2016 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 438
Views: 259807

Re: Mango prepaid card - 4.8% (effective) APY

If you have 3 of the original netspends, then you are capped out on MetaBank-backed cards and you can't get an ACE or Western Union. You can only add Brinks or HEB to the original Netspend.

No reason to get ACE or Western Union if you have 3 netspends.
by tj
Wed Dec 30, 2015 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 438
Views: 259807

Re: Mango prepaid card - 4.8% (effective) APY

as long as they remain competitive The main point of my question is, in the long term of 5, 10, or more years, are they really competitive with a ~7% VTSAX CAGR? It's clear that the risk-adjusted return for 2-3 years is better for a 5% FDIC account than for VTSAX. But in the long term, I'm concerne...
by tj
Wed Dec 30, 2015 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 438
Views: 259807

Re: Mango prepaid card - 4.8% (effective) APY

I've been wondering, what is the end game for a Boglehead with these accounts in a low rate environment and 15% tax bracket? Once I don't need them for the separate-from-my-portfolio house fund, they sure would make a nice "bond" allocation for the long term, despite being in a taxable ac...
by tj
Tue Dec 29, 2015 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Excess Cash - Play Monopoly or Repay Debt?
Replies: 94
Views: 9288

Re: Excess Cash - Play Monopoly or Repay Debt?

Congrats on eradicating your consumer debt.
by tj
Mon Dec 28, 2015 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 438
Views: 259807

Re: Mango prepaid card - 4.8% (effective) APY

ved wrote:Does anyone know if we will get 1099 INTs for each account (Mango & NetSpend) separately, if at all?



I would assume so, or at least one per bank.
by tj
Sun Dec 27, 2015 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: 5%&up return and 0 risk tolerance, are there options?
Replies: 65
Views: 3291

Re: 5%&up return and 0 risk tolerance, are there options?

There are several prepaid cards with savings accounts that net you 5% FDIC insured after fees on up to $5k each. It's all automated after initial setup.

- Netspend
- Brinks
- Ace Elite
- Mango

See http://thefinancebuff.com/netspend-5-pe ... count.html
by tj
Sun Dec 27, 2015 12:03 am
Forum: Investing - Theory, News & General
Topic: Why did VDIGX pay out 30% more this year than any previous year?
Replies: 21
Views: 2355

Re: Why did VDIGX pay out 30% more this year than any previous year?

Upon further research, the answer to the OP's question is probably due to the fund's ownership of Medtronic. Mairs & Power had similar unusually huge capital gain distribution because of the Covidien/Medtronic acquisition. See: http://mairsandpower.com/images/Balanced_Fund_Cap_Gain_Website_Note....
by tj
Thu Dec 24, 2015 12:03 pm
Forum: Investing - Theory, News & General
Topic: Part 2 of the perfect storm post, how to increase EXPECTED returns
Replies: 118
Views: 9521

Re: Part 2 of the perfect storm post, how to increase EXPECTED returns

if he is suggesting that the lower suggested returns would mean that alternate investments would be moved to, thus he doesn't believe in these forecasts?


That's exactly my interpretation of his posts in this thread.
by tj
Wed Dec 23, 2015 3:35 pm
Forum: Investing - Theory, News & General
Topic: Why did VDIGX pay out 30% more this year than any previous year?
Replies: 21
Views: 2355

Re: Why did VDIGX pay out 30% more this year than any previous year?

... If someone knows this is wrong they can set me straight. Portfolio managers can rack up steep expenses buying and selling securities, but that burden isn't reflected in a fund's standard expense ratio. ... PJW That's obviously going to be less of an issue in low-turnover funds like VDIGX, VEIRX...
by tj
Wed Dec 23, 2015 1:22 pm
Forum: Investing - Theory, News & General
Topic: Part 2 of the perfect storm post, how to increase EXPECTED returns
Replies: 118
Views: 9521

Re: Part 2 of the perfect storm post, how to increase EXPECTED returns

EmergencyDoc You seem to be forgetting a few important issues with individual properties, like all the headaches and time involved in being a manager of the property and dealing with tenants and repairs, etc. At very least a cost should be imposed for those issues. And of course the inability to br...
by tj
Wed Dec 23, 2015 12:00 pm
Forum: Investing - Theory, News & General
Topic: Why did VDIGX pay out 30% more this year than any previous year?
Replies: 21
Views: 2355

Re: Why did VDIGX pay out 30% more this year than any previous year?

It still isn't because it means they have been selling and buying, and that costs money, about 1% per 100% turnover, and that cost is not reported in the ER.


How are coming to the conclusion that the fund's brokerage expenses are not included in the ER ?
by tj
Tue Dec 22, 2015 10:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard to Launch Active "Core" Total Bond Fund
Replies: 46
Views: 4229

Re: Vanguard to Launch Active "Core" Total Bond Fund

That is very different from this new one, which McNabb is saying, outright, "will seek to outperform." I don't like that. This doesn't bother me so much, as basically every active fund is seeking to outperform it's benchmark. I'm intrigued about this fund and will be watching it when it l...
by tj
Tue Dec 22, 2015 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market Index - Distribution
Replies: 15
Views: 2400

Re: Total Stock Market Index - Distribution

my VTSAX dividends showed up in my linked checking account this morning.
by tj
Mon Dec 21, 2015 1:22 pm
Forum: Personal Consumer Issues
Topic: Use Citi® / AAdvantage Points For Something Besides Travel?
Replies: 14
Views: 776

Re: Use Citi® / AAdvantage Points For Something Besides Travel?

You can use whatever card you want, just can't register the same card at more than one.

https://aa.rewardsnetwork.com/


https://mpdining.rewardsnetwork.com/
by tj
Mon Dec 21, 2015 10:46 am
Forum: Personal Consumer Issues
Topic: Use Citi® / AAdvantage Points For Something Besides Travel?
Replies: 14
Views: 776

Re: Use Citi® / AAdvantage Points For Something Besides Travel?

To keep them from expiring just join AAdvantage dining and get a soda at one of the take out places...it'll defer expiration for another 18 months. I wouldn't cut it too close though.
by tj
Fri Dec 18, 2015 3:19 pm
Forum: Personal Consumer Issues
Topic: Paying Kids For Good Grades -- do you do it?
Replies: 94
Views: 5049

Re: Paying Kids For Good Grades -- do you do it?

My sister and I never received any money for grades, but we basically had zero expenses until we had our bachelor's diploma. My parents used to always say that school was my job. I think that's not such a healthy mindset for a young adult. College kids with a standard workload have a ridiculous amou...
by tj
Fri Dec 18, 2015 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance
Replies: 48
Views: 4517

Re: Life Insurance

boglerocks wrote:My choices seem to be Mutual of Omaha and Petersen due to the fact that I work from home. Are the rates posted above too high for the benefits?


Just PM BruDude with your details. If there is a better opportunity for your specific situation, I am sure he will let you know.
by tj
Thu Dec 17, 2015 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Active funds some/many Bogleheads love
Replies: 47
Views: 3154

Re: Active funds some/many Bogleheads love

BW1985 wrote:Don't these funds contradict the BH philosophy?



I don't think so.
by tj
Thu Dec 17, 2015 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Active funds some/many Bogleheads love
Replies: 47
Views: 3154

Re: Active funds some/many Bogleheads love

OP, small amounts in W/W are not worth the trouble. If you have a good reason, put a big allocation, or maybe it's simpler to have none at all.

I would agree with this statement.
by tj
Thu Dec 17, 2015 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Active funds some/many Bogleheads love
Replies: 47
Views: 3154

Re: Active funds some/many Bogleheads love

I like Vanguard Equity income in tax advantaged space. The ER for VEIRX is less than the index equivalent of VHDYX, so I feel like I'm getting wellington to manage the fund "for free". I have a sliver in primecap, but mostly I'm in index funds....
by tj
Wed Dec 16, 2015 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 438
Views: 259807

Re: Mango prepaid card - 4.8% (effective) APY

Yo ucan't have 5 netspend. You can have 3 netspend and 2 brinks... They're all NetSpend branded, including Brinks. The difference is vanilla NetSpend is backed by MetaBank while Brinks is backed by BofI. What I intended to say that you can five total - three backed by MetaBank and two by BofI, or v...
by tj
Tue Dec 15, 2015 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 438
Views: 259807

Re: Mango prepaid card - 4.8% (effective) APY

I thought the Mango deal was no longer available and everyone had moved on to NetSpend and Brinks etc? Nope. Everyone freaked out and lots of people closed their accounts, had to wait 4-8 weeks for the check, while others [like me] left their money alone and continued to accrue 6% (minus fees). I h...
by tj
Tue Dec 15, 2015 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Term Life Insurance (Term4sale alternatives?)
Replies: 9
Views: 700

Re: Getting Term Life Insurance (Term4sale alternatives?)

The only company you can buy direct from is USAA.

If you apply at say Allstate.com, they'll just sell your information to a local Allstate agent.

Better to use an independent agent who can shop your medical history, there are a handful of users here who are.
by tj
Tue Dec 15, 2015 4:54 pm
Forum: Personal Consumer Issues
Topic: Jet.com
Replies: 56
Views: 7109

Re: Jet.com

I'm 2 for 2 and have 3 more "$20 off $50" Amex offers and I'll definitely use them. I buy things like paper towels, toilet paper, coffee, etc. that are priced more or less the same they'd cost locally - nothing exotic. $20 off $50 and avoiding a 10% sales tax is 50% off. Don't forget to s...
by tj
Tue Dec 15, 2015 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 438
Views: 259807

Re: Mango prepaid card - 4.8% (effective) APY

I thought the Mango deal was no longer available and everyone had moved on to NetSpend and Brinks etc?
by tj
Wed Dec 09, 2015 8:58 pm
Forum: Investing - Theory, News & General
Topic: Childrens' Student Loans Delaying Retirement
Replies: 153
Views: 10065

Re: Childrens' Student Loans Delaying Retirement

As a HS teacher who mostly teaches seniors it has been my experience that students go to college for 3 basic reasons. The reason you are going to college greatly influences the college choice. 1. Perhaps the majority of students go to college to earn some sort of professional certification that is ...

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