Search found 217 matches

by MittensMoney
Thu Aug 06, 2020 10:56 am
Forum: Personal Investments
Topic: Best Brokerage for buying VG/Fido/? MF Without Fees?
Replies: 11
Views: 555

Re: Best Brokerage for buying VG/Fido/? MF Without Fees?

TD Ameritrade has most of them available on their 'free to trade' list, only caveat being you need to hold the fund for at least 30 days which shouldn't be an issue. Of note, they were recently acquired by Schwab so we'll see if anything changes in the future. What? No. Vanguard mutual funds are no...
by MittensMoney
Thu Aug 06, 2020 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house with *almost* 100% down
Replies: 28
Views: 2820

Re: Buying a house with *almost* 100% down

Mortgage rates are currently below 3% for the first time ever. Opportunity cost of not investing the extra cash vs. mental comfort of having a paid off mortgage, personal decision obviously but borrowing money has literally never been cheaper than it is today.
by MittensMoney
Tue Aug 04, 2020 12:48 pm
Forum: Personal Investments
Topic: Best Brokerage for buying VG/Fido/? MF Without Fees?
Replies: 11
Views: 555

Re: Best Brokerage for buying VG/Fido/? MF Without Fees?

TD Ameritrade has most of them available on their 'free to trade' list, only caveat being you need to hold the fund for at least 30 days which shouldn't be an issue. Of note, they were recently acquired by Schwab so we'll see if anything changes in the future.
by MittensMoney
Fri Jul 31, 2020 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 146
Views: 31313

Re: Do not use Personal Capital

I checked Personal Capital out today, based on this ongoing discussion, what is a preferred online retirement calculator that can be trusted? We also have access to Financial Engines through Vanguard and the Fidelity Retirement Plan Calculator, maybe those two are enough? Thanks I think you're miss...
by MittensMoney
Wed Jul 29, 2020 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Are we crazy to buy a VHCOL house now?
Replies: 32
Views: 3004

Re: Are we crazy to buy a VHCOL house now?

Anecdotally, our company (two offices in the Bay Area) aren't returning to the office until 2021 and there's debate over whether we'll simply become fully remote even when it's safe to return. Of all areas in the United States, I think the Bay Area is the one with the biggest potential upcoming shif...
by MittensMoney
Fri Jul 24, 2020 11:11 am
Forum: Personal Investments
Topic: Personal Capital Investment Checkup
Replies: 4
Views: 662

Re: Personal Capital Investment Checkup

Personal Capital's recommended asset mix is a lot different than Boglehead's 3-fund portfolio. The Investment Checkup may be useful if you see value in their investment philosophy and are considering adding complexity to your portfolio to move closer to it. It'll also track your allocation, so simpl...
by MittensMoney
Fri Jul 17, 2020 12:34 pm
Forum: Personal Consumer Issues
Topic: How do you buy time with money?
Replies: 47
Views: 3858

Re: How do you buy time with money?

With COVID we're using InstaCart for other reasons, but it's also a time saver if you don't want to go to Whole Foods and simply have your groceries show up at your door.
by MittensMoney
Fri Jul 17, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Just Ordered Peloton Bike
Replies: 97
Views: 9497

Re: Just Ordered Peloton Bike

On some of those days I just mute the instructor and pump my own music or watch TV. If you're not aware, there's a 'Scenic Rides' category where you ride to a recording of the Swiss Alps, etc.. There's music overlayed which is okay but I usually just pop on a scenic ride and then use Spotify from m...
by MittensMoney
Fri Jul 17, 2020 12:29 pm
Forum: Personal Consumer Issues
Topic: Just Ordered Peloton Bike
Replies: 97
Views: 9497

Re: Just Ordered Peloton Bike

We've had our Peloton for a little over 6 weeks now. I've got 22 rides in and my girlfriend is at 30, so I think we're getting great use out of it and we'll just need to focus on keeping those numbers up (which is easy because I actually enjoy it.) It's a great piece of equipment, albeit overpriced,...
by MittensMoney
Fri Jul 10, 2020 12:54 pm
Forum: Personal Investments
Topic: Monte Carlo Simulations: Pros, Cons and Value
Replies: 58
Views: 2685

Re: Monte Carlo Simulations: Pros, Cons and Value

Asset allocation is the number one predictor of investor success, not stock selection.
by MittensMoney
Thu Jul 09, 2020 12:53 pm
Forum: Personal Investments
Topic: Should I sell or hold my vested RSUs (2 months after vesting)
Replies: 5
Views: 299

Re: Should I sell or hold my vested RSUs (2 months after vesting)

Common advice is to sell your RSU's ASAP so that you can invest those dollars into your planned investment strategy. As you correctly realized, holding shares in the company you work for adds an inordinate amount of risk so it's best to liquidate and diversify -- and even if you didn't work for them...
by MittensMoney
Wed Jul 08, 2020 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: How do I fix my mistake/blunder with recruiter/offer
Replies: 33
Views: 2840

Re: How do I fix my mistake/blunder with recruiter/offer

she would immediate remind me of what I mistakenly quoted earlier, which was the range x-y, below i am earning currently. How to deal with that? I doubt she'll immediately through your numbers back in your face -- but if she does: Tell her that range was for base salary, and you expected total comp...
by MittensMoney
Wed Jul 08, 2020 11:27 am
Forum: Personal Finance (Not Investing)
Topic: How do I fix my mistake/blunder with recruiter/offer
Replies: 33
Views: 2840

Re: How do I fix my mistake/blunder with recruiter/offer

trying to figure out, how to salvage the situation gracefully. I'd suggest emailing the recruiter to say "my current compensation package is $xxx,xxx all-in", let them know you're excited about this new opportunity but from a financial standpoint are looking for an increase from your current packag...
by MittensMoney
Wed Jul 08, 2020 11:07 am
Forum: Personal Finance (Not Investing)
Topic: How do I fix my mistake/blunder with recruiter/offer
Replies: 33
Views: 2840

Re: How do I fix my mistake/blunder with recruiter/offer

I think they'll offer you more money. Lots of old farts on here giving advice on how to negotiate salary.. If you had stated "I'm earning this amount right now and would be looking for an increase" you'd have either A) nipped the process in the bud if they can't afford you or B) received an offer th...
by MittensMoney
Wed Jul 01, 2020 2:50 pm
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 150
Views: 13318

Re: Tesla becomes most valuable car company in the world

We're in a bit of a hype-induced run up with this market. Shopify has gained over 3,000% in 5 years. Many, many companies have seen their valuation outstrip any reasonable metric of future performance. When do earnings need to catch up to valuations? When the news cycle turns.
by MittensMoney
Tue Jun 30, 2020 1:22 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 358
Views: 19265

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

Will the US economy always be the stalwart performer we've come to know and love?? *gestures broadly at everything right now*
by MittensMoney
Tue Jun 30, 2020 1:19 pm
Forum: Personal Consumer Issues
Topic: Job candidate sending messages via LinkedIn
Replies: 62
Views: 3687

Re: Job candidate sending messages via LinkedIn

Either don't respond at all, or if you feel compelled to I'd thank them for their note and their interest in the opportunity, and let them know we can't give direct feedback regarding hiring decisions*. If they have any further questions they can follow up with the recruiter. *If this isn't a rule w...
by MittensMoney
Fri Jun 26, 2020 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Does holding-but-not-buying an identical security constitute a wash sale?
Replies: 7
Views: 386

Re: Does holding-but-not-buying an identical security constitute a wash sale?

Be wary of automatically reinvested dividends though, turn that feature off when you're prepping your TLH
by MittensMoney
Thu Jun 25, 2020 4:54 pm
Forum: Personal Consumer Issues
Topic: What is the single best piece of exercise equipment you bought for your home?
Replies: 221
Views: 11622

Re: What is the single best piece of exercise equipment you bought for your home?

In the beginning of the stay-at-home stuff with COVID we decided to splurge on a Peloton. I know there're cheaper out there but it's a phenomenal piece of cardio equipment and despite the cost we're super happy we went for it.
by MittensMoney
Tue Jun 23, 2020 4:49 pm
Forum: Personal Consumer Issues
Topic: Made a horrible decision with regards to car. need guidance
Replies: 60
Views: 6253

Re: Made a horrible decision with regards to car. need guidance

Am I the only one who thinks he should just keep it? The biggest negative in buying in a new car is the day one depreciation which has already happened. If you could buy the exact same car today for $40k, would you?
by MittensMoney
Tue May 19, 2020 2:28 pm
Forum: Personal Investments
Topic: Seeking advice regarding managing my taxable account money
Replies: 14
Views: 1127

Re: Seeking advice regarding managing my taxable account money

I think you're slightly misusing the term Active Management here. Between Fidelity, Personal Capital, and Vanguard, none of them are Active Management because Active Management means a fund manager or investment adviser is changing allocations depending on market conditions and/or which way the wind...
by MittensMoney
Tue May 19, 2020 12:27 pm
Forum: Personal Investments
Topic: Seeking advice regarding managing my taxable account money
Replies: 14
Views: 1127

Re: Seeking advice regarding managing my taxable account money

My brief 2 cents: Switching from Personal Capital to Fidelity would be moving from a Fiduciary to a Broker Dealer, so I'd be wary of the funds Fidelity is wanting to put you into given their incentive to use their own funds and/or churn funds regularly for commission. Vanguard PAS as others have men...
by MittensMoney
Wed Apr 08, 2020 11:42 am
Forum: Personal Investments
Topic: Complete amateur with advisor problems
Replies: 21
Views: 1886

Re: Complete amateur with advisor problems

Edward Jones is a trashy 'investments' company whose business model worked in the 80's before people had the internet. 1.3% isn't even the half of their fees, it's a shame they're able to obfuscate so easily -- you'll be paying close to 2% of your net worth every year after everything is baked in.
by MittensMoney
Tue Mar 31, 2020 10:39 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 108
Views: 8916

Re: Did you move for better weather? Did you regret it?

It's a huge quality-of-life improvement! It impacts nearly everything you do and you'll actually appreciate it actively. Highly recommend.
by MittensMoney
Thu Mar 26, 2020 5:00 pm
Forum: Personal Investments
Topic: Why not stand on the sidelines for a little while?
Replies: 302
Views: 14751

Re: Why not stand on the sidelines for a little while?

I think the only real point here is that moving your assets in & out is a crapshoot. You may get the timing right and save some losses, you may get the timing wrong and lose some gains. People three days ago felt we had a lot further to drop and sold at SPY $225, kicking themselves only a few days l...
by MittensMoney
Wed Mar 25, 2020 4:01 pm
Forum: Personal Investments
Topic: Why not stand on the sidelines for a little while?
Replies: 302
Views: 14751

Re: Why not stand on the sidelines for a little while?

With this level of confidence you shouldn't be going to cash, you should be buying Puts and shorting the market. You'll earn in both directions and truly capitalize on the most obvious of situations unfolding.
by MittensMoney
Thu Mar 19, 2020 1:22 pm
Forum: Personal Investments
Topic: Rebalance now (3/18) or wait until "bottom" of this market dip?
Replies: 29
Views: 2362

Re: Rebalance now (3/18) or wait until "bottom" of this market dip?

Historically, fast & big drops have been met with fast & big rebounds. Don't expect a plateau with sideways action for weeks/months.
by MittensMoney
Wed Mar 18, 2020 3:05 pm
Forum: Investing - Theory, News & General
Topic: Why not liquidate?
Replies: 48
Views: 4456

Re: Why not liquidate?

Why not liquidate? Because it's no longer mid-February 2020. Most people that sell during a market downturn fail to re-buy in at a time when their decision would actually make them money.
by MittensMoney
Wed Mar 18, 2020 3:01 pm
Forum: Investing - Theory, News & General
Topic: have cash/dry powder- what to invest in?
Replies: 32
Views: 3105

Re: have cash/dry powder- what to invest in?

I've been putting excess cash into VOO (Vanguard's SPY). Keeping it simple by investing in something that's getting pummeled and is bound to get me a good return.
by MittensMoney
Tue Mar 17, 2020 2:03 pm
Forum: Personal Investments
Topic: Wouldn't Day Trading do well in this environment?
Replies: 47
Views: 3130

Re: Wouldn't Day Trading do well in this environment?

You're going to be wrong on the direction at some point & then you won't know when to cut your losses. You're probably thinking "Well, I'll have a plan in place." -- Great, take a small chunk of money and test it out. Let us know how this goes.
by MittensMoney
Tue Mar 17, 2020 1:29 pm
Forum: Personal Investments
Topic: Save Me! Sell or Dont Sell? Take some losses?
Replies: 15
Views: 1014

Re: Save Me! Sell or Dont Sell? Take some losses?

If you sell now, you'll buy when "the dust settles"? When the dust settles, people will be less scared + economy will be more optimistic + people on financial networks will be telling others to buy -- the market will likely be higher at that point. Why sell your well-planned portfolio when things ar...
by MittensMoney
Thu Mar 12, 2020 3:41 pm
Forum: Personal Investments
Topic: Did anyone buy anything yesterday at 20 pct discount
Replies: 24
Views: 1843

Re: Did anyone buy anything yesterday at 20 pct discount

Added my ROTH IRA 2020 contributions on Monday and deployed all of that money a few hours ago. I also altered my 401k contributions to 40% of tomorrows paycheck, which ends up front-loading my employer contribution as well. I don't think the world is ending, markets may drop further but I'm happy wi...
by MittensMoney
Tue Mar 10, 2020 4:35 pm
Forum: Investing - Theory, News & General
Topic: Why I hate ETFs
Replies: 82
Views: 5846

Re: Why I hate ETFs

If you had bought an ETF rather than a Mutual Fund you wouldn't have had this problem, so can't we just as easily say the problem is on the side of the Mutual Fund?
by MittensMoney
Tue Feb 25, 2020 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Job interview question: how do I explain wanting to leave my current job so soon?
Replies: 34
Views: 4042

Re: Job interview question: how do I explain wanting to leave my current job so soon?

Q: Why are you looking for a new job? A: My current company operates in some ways I find unethical. I feel uncomfortable being a part of an organization that engages in that type of behavior, and I know that for me a 'long term fit' requires belief in the company I'm a part of & the products we're s...
by MittensMoney
Wed Feb 12, 2020 3:54 pm
Forum: Personal Investments
Topic: Does being active on Bogleheads lead to confirmation bias?
Replies: 17
Views: 1277

Re: Does being active on Bogleheads lead to confirmation bias?

I think the attitude here is cautious, not pessimistic. Bogleheads are cautious and therefore plan for a worse outcome, because doing that will result in success regardless of whether they're right or wrong.
by MittensMoney
Wed Jan 29, 2020 1:03 pm
Forum: Personal Investments
Topic: AXA Advisor - VUL and Term Insurance
Replies: 36
Views: 1458

Re: AXA Advisor - VUL and Term Insurance

I had a friendly conversation with an advisor from Merrill Lynch last year, not regarding my finances but just a friend of a friend out for beers. He essentially bragged that on a per-hour basis, Financial Advisors get paid more than anyone else in that clients life including doctors, lawyers, etc.....
by MittensMoney
Tue Dec 10, 2019 4:23 pm
Forum: Investing - Theory, News & General
Topic: A surge in the market next year?
Replies: 37
Views: 2286

Re: A surge in the market next year?

The deal will be underwhelming and it will be a major "sell the news" event causing the market to plummet. That's another guess on what could happen.
by MittensMoney
Fri Dec 06, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: Paying for vices (like cigarettes)
Replies: 72
Views: 6572

Re: Paying for vices (like cigarettes)

The information is "where do you buy" - but "what did you buy" isn't available information to credit card companies unless they're buying data from King Soopers, Amazon Prime, Aldi etc. who have you on their rewards program.
by MittensMoney
Thu Sep 05, 2019 3:58 pm
Forum: Personal Investments
Topic: Financial Planning Advice
Replies: 11
Views: 1087

Re: Financial Planning Advice

Kudos to your spidey-sense for triggering at the right moment. A little shameful that folks in the "advice" industry are so quick to push high-commission products upon young & successful professionals.
by MittensMoney
Thu Sep 05, 2019 3:55 pm
Forum: Personal Investments
Topic: Does a FA make sense at a certain portfolio level?
Replies: 53
Views: 4604

Re: Does a FA make sense at a certain portfolio level?

I think it depends on how big the portfolio is, and how sophisticated the DIY-er is willing to get, and finally how costly that advice would end up being. If you've got millions of dollars in a taxable account then an effective TLH strategy can make a noticeable difference. Then there's the fact tha...
by MittensMoney
Wed Sep 04, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you receive out-of-sequence pay bumps?
Replies: 56
Views: 3578

Re: How often do you receive out-of-sequence pay bumps?

I've received annual raises (5-7% average, one year was a title bump & 10% increase) for the past 5 years with my current company, which has been fantastic given I also gained a 60% salary increase when I joined the from my previous firm. That being said, I've never received a pay increase outside o...
by MittensMoney
Thu Aug 29, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: Asset Location - Higher growth/lower yield assets in Taxable account
Replies: 1
Views: 157

Asset Location - Higher growth/lower yield assets in Taxable account

I hadn't fully understood why bonds & dividend yielding investments should be placed in tax-sheltered accounts meanwhile investments with low/no dividends (typically higher growth) belonged in taxable accounts. Obviously avoiding the yearly tax bill on the income you're receiving made sense, but I b...
by MittensMoney
Thu Aug 29, 2019 4:16 pm
Forum: Personal Investments
Topic: Warren buffet sits on cash
Replies: 44
Views: 5578

Re: Warren buffet sits on cash

Warren Buffet is an active manager, he has been his entire life. This isn't even contrary to his advice, which states "the average investor will be better off simply investing in index funds." Warren isn't an average investor, thus he has made billions of dollars making highly speculative bets on co...
by MittensMoney
Thu Aug 29, 2019 10:38 am
Forum: Personal Investments
Topic: To SPIA or not to SPIA? Should We Invest Pension Cash in an Annuity?
Replies: 12
Views: 972

Re: To SPIA or not to SPIA? Should We Invest Pension Cash in an Annuity?

Given what you've laid out it seems simply investing the cash would make more sense to me. Between SS and Pension income streams you won't be drawing down on your investments very quickly to cover your monthly expenses, so I don't see how the $390 in cash each month will be better than the growth fr...
by MittensMoney
Tue Jul 30, 2019 1:24 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2552

Re: Please help with vacation locations

For something more exotic side of a relaxing vacation, we went to Costa Rica earlier this year and it was one of the best vacations we've had. Flight wasn't terribly long, flew into Liberia airport. We stayed in a town called Portrero. Awesome beaches, food & drinks were relatively cheap.
by MittensMoney
Fri Jul 19, 2019 3:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard says VTI is more tax-efficient than VTSAX
Replies: 32
Views: 3647

Re: Vanguard says VTI is more tax-efficient than VTSAX

For ETF's, how long you've held matters so you're only paying taxes on your actual share of the gains. Stock ETFs have a declaration date, an ex-dividend date, and a distribution date whenever a distribution occurs. If you hold the ETF prior to the ex-dividend date, you will get the full declared d...
by MittensMoney
Fri Jul 19, 2019 12:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard says VTI is more tax-efficient than VTSAX
Replies: 32
Views: 3647

Re: Vanguard says VTI is more tax-efficient than VTSAX

For ETF's, how long you've held matters so you're only paying taxes on your actual share of the gains. Stock ETFs have a declaration date, an ex-dividend date, and a distribution date whenever a distribution occurs. If you hold the ETF prior to the ex-dividend date, you will get the full declared d...
by MittensMoney
Fri Jul 19, 2019 11:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard says VTI is more tax-efficient than VTSAX
Replies: 32
Views: 3647

Re: Vanguard says VTI is more tax-efficient than VTSAX

Well, it's an accurate statement. It will mainly apply to & effect mutual funds with high-turnover (actively managed funds) so people on this forum don't really need to worry about it. For some reading: A 2010 study by Lipper (Taxes in the Mutual Funds Industry – 2010; Assessing the Impact of Taxes...
by MittensMoney
Fri Jul 19, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard says VTI is more tax-efficient than VTSAX
Replies: 32
Views: 3647

Re: Vanguard says VTI is more tax-efficient than VTSAX

Well, it's an accurate statement. It will mainly apply to & effect mutual funds with high-turnover (actively managed funds) so people on this forum don't really need to worry about it. For some reading: A 2010 study by Lipper (Taxes in the Mutual Funds Industry – 2010; Assessing the Impact of Taxes ...
by MittensMoney
Fri Jul 12, 2019 12:28 pm
Forum: Investing - Theory, News & General
Topic: Timing the market
Replies: 28
Views: 2455

Re: Timing the market

SPY just crossed $300 and money is about to get 25 bps cheaper when the FED cuts rates again.. I've heard 'them' say we're pretty much on an upward trajectory until the next Presidential election. You've got 18 years, present day / next week / next month / next year should be meaningless to you, and...