Search found 496 matches

by betablocker
Thu Jun 20, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Recommendations for business bank account for LLC?
Replies: 18
Views: 1154

Re: Recommendations for business bank account for LLC?

While I understand the plug for credit unions, it's not going to help me much. I live in a small town and work half an hour away in a smaller town. The local credit union (there's only one) is open 8:30-4:30 M-F. I'd have to take a vacation day just to go in and talk to them, and their reputation (...
by betablocker
Wed Jun 19, 2019 9:15 am
Forum: Personal Investments
Topic: For those of you who have a factor diversified portfolio, what is yours?
Replies: 52
Views: 3413

Re: For those of you who have a factor diversified portfolio, what is yours?

I tilt to momentum and value with a combo of VMOT (which covers international and domestic value and momentum) and I shares international and domestic momentum and DFA international and domestic small value. VMOT also trend follows so adds a bit of that. In my tax deferred accounts I also get exposu...
by betablocker
Tue Jun 04, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: Trip to Vermont/New Hampshire
Replies: 34
Views: 2115

Re: Trip to Vermont/New Hampshire

My wife and I are long due for a kids-free vacation this fall. We're currently looking at doing a trip to Vermont/New Hampshire during peak foliage season which I've read runs from mid-September to mid-October, so likely right around October 1st give or take a few days. We reside about an hour from...
by betablocker
Thu May 30, 2019 4:00 pm
Forum: Personal Investments
Topic: pay off an ARM mortgage or not?
Replies: 58
Views: 3376

Re: pay off an ARM mortgage or not?

hi all in 2005, i took out a 30-year with 7-year fixed rate at 5.5% ARM (Adjustable Rate Mortgage) which tracks the 1 year treasury bill with a 2.75% margin with an annual readjustment. the interest rate dropped to 0% when 2012 came. instead of refinancing, i just let the ARM ride. so my mortgage i...
by betablocker
Thu May 30, 2019 10:34 am
Forum: Personal Investments
Topic: Inverted Yield Curve, should i be buying VBTLX?
Replies: 26
Views: 3170

Re: Inverted Yield Curve, should i be buying VBTLX?

You would buy longer term because as rate cuts happen they effect the short term bonds most directly. The longer term bonds you already had would then have a higher yield. Effectively the fed would be cutting rates to get the yield curve back to a normal slope. Trying to time this stuff is nonsense ...
by betablocker
Wed May 29, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Why don't small businesses for sale list their earnings AFTER taxes?
Replies: 6
Views: 474

Re: Why don't small businesses for sale list their earnings AFTER taxes?

Definitely watch out for some common tricks: trying to pass off owners salary as profit. All business need to be run and the salary of the person running it is an expense no matter what a broker says. Two trying to back out one time and personal expenses. Yes there are some personal expenses that a ...
by betablocker
Tue May 21, 2019 9:35 am
Forum: Personal Investments
Topic: Value Investing. What am I missing here?
Replies: 7
Views: 888

Re: Value Investing. What am I missing here?

Thank you all for replys. I hear the view that country diversification is probably the more sensible bet. This has been my reasoning for holding Global cap weight. The large holding of U.S and mega caps firms doesn't completely sit well with me though. This is a whole area of debate and academic re...
by betablocker
Fri May 17, 2019 6:33 pm
Forum: Personal Investments
Topic: 29yo Investment Plan Review
Replies: 17
Views: 2081

Re: 29yo Investment Plan Review

Emergency funds/Short term savings: 20,000. Currently have about 10,000. Plan to contribute 500/month until funded. Plan to save ~5000 toward a vacation fund. Plan to save for new car which we expect to need in 1-2 years. Will keep all this in an online savings account that brings in 2.2% Debt: 1. ...
by betablocker
Wed May 08, 2019 1:13 pm
Forum: Investing - Theory, News & General
Topic: Wes Gray: Value Investing Not Dead, Just Wait
Replies: 12
Views: 1950

Re: Wes Gray: Value Investing Not Dead, Just Wait

Lots of misinformation here. Most of it pretty obvious: The MSCI ESGG Quality Score is about environmental and social performance not performance as a value fund. Second, there wasn't as much research because it was an interview and not a research article. Third, as was pointed out AA uses EV/EBITDA...
by betablocker
Sat May 04, 2019 12:31 pm
Forum: Investing - Theory, News & General
Topic: Dollar cost buying into 30+ CAPE markets
Replies: 44
Views: 2500

Re: Dollar cost buying into 30+ CAPE markets

Are there any other longtime dollar cost average buyers questioning putting their biweekly savings into such a highly valued market where both stocks and bonds seem to have nothing but downside risk? If so, what's your plan? If you diversify across EM, foreign, real estate, Us and bonds you should ...
by betablocker
Sat Apr 27, 2019 7:10 am
Forum: Investing - Theory, News & General
Topic: John Rekenthaler, "Whatever Happened to Emerging-Markets Stock Funds?"
Replies: 48
Views: 5126

Re: John Rekenthaler, "Whatever Happened to Emerging-Markets Stock Funds?"

The main point for me is that it underlines how "everyone" can be recommending some investment category, seemingly with total certitude and total confidence, and despite it being universal conventional wisdom, when the dust settles it can still turn out to have been trendy nonsense after all. Whate...
by betablocker
Fri Apr 26, 2019 10:34 am
Forum: Personal Investments
Topic: Fidelity Cash Management
Replies: 5
Views: 1014

Re: Fidelity Cash Management

I use Fidelity as a one stop shop as do many others. Vanguard had an account like that but are discontinuing it according to threads I’ve read here. They were a disaster for me anyway. They run great funds but I don’t like them as a brokerage, bank, etc. Fidelity allows you to keep cash in money mar...
by betablocker
Sun Apr 21, 2019 2:30 pm
Forum: Personal Investments
Topic: Selling Business - Requesting advice on how to invest proceeds
Replies: 15
Views: 1422

Re: Selling Business - Requesting advice on how to invest proceeds

I have been a Boglehead convert for about 5 years. I have proudly broken free from my previous "investment advisors" and their return-crippling fees. It's been liberating. I am fortunate in that I will receive a large sum soon and I am anxious to get your investment advice. I am 48, a business owne...
by betablocker
Wed Apr 17, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Expected Vs. Realized Returns
Replies: 77
Views: 5834

Re: Larry Swedroe: Expected Vs. Realized Returns

Of course if I were 10 years out with low valuations and values returned to the mean over the next 5-7 years I’d (hopefully) cash out and be happy. Yes so would everyone else, but that has nothing to do with the valuation prediction 5-7 years previous but the fact the ACTUAL returns were excellent ...
by betablocker
Wed Apr 17, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 63
Views: 8016

Re: I’m a Loser Stuck in a Dead End Job

Really appreciate the advice given so far, and to the op that posted about their family going through similar circumstances, I pray and hope things get much better, completely understand what you are going through. As for the degree, I had went for general business at the university of Houston, so ...
by betablocker
Fri Apr 12, 2019 8:02 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Expected Vs. Realized Returns
Replies: 77
Views: 5834

Re: Larry Swedroe: Expected Vs. Realized Returns

Of course if I were 10 years out with low valuations and values returned to the mean over the next 5-7 years I’d (hopefully) cash out and be happy. Yes so would everyone else, but that has nothing to do with the valuation prediction 5-7 years previous but the fact the ACTUAL returns were excellent ...
by betablocker
Tue Apr 09, 2019 6:46 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Expected Vs. Realized Returns
Replies: 77
Views: 5834

Re: Larry Swedroe: Expected Vs. Realized Returns

Unless someone can say the returns are going to be exactly X I don't see how they are useful. Having 3-4 different asset classes in a portfolio with each having a range of possible returns gives a HUGE variation on possible end returns. I don't really understand why folks even try to guestimate ret...
by betablocker
Sun Apr 07, 2019 7:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Expected Vs. Realized Returns
Replies: 77
Views: 5834

Re: Larry Swedroe: Expected Vs. Realized Returns

Unless someone can say the returns are going to be exactly X I don't see how they are useful. Having 3-4 different asset classes in a portfolio with each having a range of possible returns gives a HUGE variation on possible end returns. I don't really understand why folks even try to guestimate ret...
by betablocker
Sun Apr 07, 2019 7:56 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Expected Vs. Realized Returns
Replies: 77
Views: 5834

Re: Larry Swedroe: Expected Vs. Realized Returns

Unless someone can say the returns are going to be exactly X I don't see how they are useful. Having 3-4 different asset classes in a portfolio with each having a range of possible returns gives a HUGE variation on possible end returns. I don't really understand why folks even try to guestimate ret...
by betablocker
Sat Apr 06, 2019 12:15 pm
Forum: Investing - Theory, News & General
Topic: Why have Stoneridge Reinsurance failed to have "equity like returns"?
Replies: 37
Views: 2701

Re: Why have Stoneridge Reinsurance failed to have "equity like returns"?

So I guess the argument is that the only things you should invest in are stocks, bonds and real estate. Everything else is a scam no matter what evidence is presented? I think you’ll do fine believing that just seems an intellectually limiting way to live life. Confirmation bias lives!
by betablocker
Thu Apr 04, 2019 9:08 am
Forum: Personal Investments
Topic: Schwab users: Does Schwab discourage the purchase of money market funds?
Replies: 44
Views: 3698

Re: Schwab users: Does Schwab discourage the purchase of money market funds?

Sweeps are highest rate at Vanguard but if you want it integrated with checking: FIdo Is it possible for the VG or Fido sweeps to "break the buck"? If so, that means it's not illegal to offer such? They are money markets so technically can break the buck. If it were a treasury MM not sure there’s a...
by betablocker
Thu Apr 04, 2019 9:04 am
Forum: Personal Investments
Topic: Should I Choose a MMF or Savings account?
Replies: 21
Views: 2186

Re: Should I Choose a MMF or Savings account?

A savings account is FDIC insured so riskless. The down side is you can only do 6 transactions a month and you are taxed at your ordinary tax rate. A money market is more liquid. I use them in my bank account at fidelity to pay bills, atm withdrawals, etc. Fido auto sells the MM to cover what I with...
by betablocker
Tue Apr 02, 2019 12:12 pm
Forum: Personal Investments
Topic: Schwab users: Does Schwab discourage the purchase of money market funds?
Replies: 44
Views: 3698

Re: Schwab users: Does Schwab discourage the purchase of money market funds?

Sweeps are highest rate at Vanguard but if you want it integrated with checking: FIdo
by betablocker
Mon Apr 01, 2019 7:31 pm
Forum: Personal Investments
Topic: Schwab users: Does Schwab discourage the purchase of money market funds?
Replies: 44
Views: 3698

Re: Schwab users: Does Schwab discourage the purchase of money market funds?

I pulled all my money from Schwab for this reason and went to Fidelity. The fact that you can't transact out of a MM for banking is ridiculous and obviously set up to screw the customer. I'd use Vanguard but they are a total disaster at anything other than running a fund. Forget about try to bank o...
by betablocker
Mon Apr 01, 2019 12:55 pm
Forum: Investing - Theory, News & General
Topic: What is the Boglehead opinion of the inverted yield curve?
Replies: 63
Views: 5185

Re: What is the Boglehead opinion of the inverted yield curve?

The only useful thing I could take from it is if I had a treasury ladder. I’d shorten it to where the curve inverts.
by betablocker
Mon Apr 01, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Cash Management Account - Investments
Replies: 20
Views: 2477

Re: Fidelity Cash Management Account - Investments

Can someone confirm with the Fidelity Cash Management account that Fidelity will automatically sell investments at the end of the day to cover checks and ATM withdrawals? I've read posts from a search, but many of those were a little older. I wanted to make sure Fidelity hasn't changed anything rec...
by betablocker
Mon Apr 01, 2019 11:42 am
Forum: Personal Investments
Topic: Schwab users: Does Schwab discourage the purchase of money market funds?
Replies: 44
Views: 3698

Re: Schwab users: Does Schwab discourage the purchase of money market funds?

I pulled all my money from Schwab for this reason and went to Fidelity. The fact that you can't transact out of a MM for banking is ridiculous and obviously set up to screw the customer. I'd use Vanguard but they are a total disaster at anything other than running a fund. Forget about try to bank or...
by betablocker
Mon Mar 25, 2019 6:46 am
Forum: Personal Investments
Topic: Portfolio Advice Requested - High Income and Muni Heavy
Replies: 25
Views: 1777

Re: Portfolio Advice Requested - High Income and Muni Heavy

I’d recommend selling your total stock market in the 401k and buying an intermediate treasury fund. Munis are fine in taxable but if you are going to hold a big percentage in fixed income you are overexposed to munis. Diversify that with treasuries which also have the upside of going up when stocks ...
by betablocker
Fri Mar 22, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Line of Credit as Emergency Fund
Replies: 21
Views: 1113

Re: Line of Credit as Emergency Fund

good clarification
by betablocker
Fri Mar 22, 2019 10:33 am
Forum: Personal Investments
Topic: Wondering if I did it all wrong by putting bonds in the Roth IRA
Replies: 9
Views: 1223

Re: Wondering if I did it all wrong by putting bonds in the Roth IRA

You have an interesting situation. Usually the advice would be keeping your US and International equity in taxable and then move bonds to traditional IRAs where the interest would collect tax free until withdraw and put something like emerging markets or small cap value in Roth with higher expected ...
by betablocker
Fri Mar 22, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Line of Credit as Emergency Fund
Replies: 21
Views: 1113

Re: Line of Credit as Emergency Fund

I agree with WillThrill. Betterment did a piece on keeping emergency funds invested. It is clearly a better strategy almost all the time. Maybe if you invested the emergency fund and the market plummeted 50% in the first 6 months, it would be the optimal strategy but the rest of the time it would be...
by betablocker
Tue Mar 19, 2019 4:06 pm
Forum: Personal Investments
Topic: 5G, AI (Artificial Intelligence), and Cyber Security ETF Suggestions?
Replies: 12
Views: 1032

Re: 5G, AI (Artificial Intelligence), and Cyber Security ETF Suggestions?

I think that's very hard to say. Warren Buffett has a line about knowing that cars were going to be big in the early 1900s but having no idea which specific companies would be successful. There were hundreds of them. How could you know which 3 would consolidate and survive? Even if you held an index...
by betablocker
Fri Feb 22, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: QBI deduction for s-corp in Turbo tax or K1 forms
Replies: 4
Views: 209

Re: QBI deduction for s-corp in Turbo tax or K1 forms

Get your CPA to do everything. It is super complicated. First you need to determine if your gross is below $315k, then you have to determine if you are in the right industry to take it above that limit. Don't save $500 doing it yourself.
by betablocker
Mon Jan 21, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: What should be the minimum income to consider living in a HCOL?
Replies: 29
Views: 2958

Re: What should be the minimum income to consider living in a HCOL?

Please feel free to either simply answer the above question, or read below my specific situation and advice.. NJ has the highest property tax among the nation. I make $90K working there. My wife is doing a part time job (state job) that she hates it, an making another $23K. Together we are making $...
by betablocker
Fri Jan 11, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Cash Management Account - Investments
Replies: 20
Views: 2477

Re: Fidelity Cash Management Account - Investments

Can someone confirm with the Fidelity Cash Management account that Fidelity will automatically sell investments at the end of the day to cover checks and ATM withdrawals? I've read posts from a search, but many of those were a little older. I wanted to make sure Fidelity hasn't changed anything rec...
by betablocker
Tue Jan 08, 2019 8:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Does The Bucket Approach Destroy Wealth?
Replies: 58
Views: 6742

Re: Larry Swedroe: Does The Bucket Approach Destroy Wealth?

This is similar to Betterment’s critique of emergency funds though emergency funds are obviously not as large as a five year bucket. Good points though and again if buckets help people remain logical then they might indeed be worth it.
by betablocker
Tue Jan 08, 2019 10:46 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 105
Views: 12998

Re: Ray Dalio’s latest fearmongering round

It’s interesting that some of his proposed bad scenarios are specially toxic to BogleHeads principles: Bonds are for safety No need for currency diversification away from dollar It won’t just be a debt problem this time around, he said, but rather a story about unfunded pension and health-care obli...
by betablocker
Tue Jan 08, 2019 10:31 am
Forum: Investing - Theory, News & General
Topic: Damodaran on Macro
Replies: 1
Views: 400

Damodaran on Macro

This is a good summary of how interest rates and equities played out this year. The basic conclusion is that the bond market recalibrated in Q4 but most likely over calibrated. http://aswathdamodaran.blogspot.com/201 ... -from.html
by betablocker
Mon Jan 07, 2019 2:35 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett on value investing
Replies: 22
Views: 1998

Re: Warren Buffett on value investing

The three things you need to know about Corporate Finance: 1) The investing decision (invest in assets that have a return greater than the minimum acceptable hurdle rate), 2) The financing decision (finding the right mix of debt and equity to fund your operations), and 3) the dividend decision (if ...
by betablocker
Sat Jan 05, 2019 1:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: investing Uncomfortably
Replies: 88
Views: 8171

Re: Larry Swedroe: investing Uncomfortably

Taylor,

Read the threads about how he used active funds as his data which engage in style drift. So his data shows how when growth did well active value managers bought growth stocks.
by betablocker
Sat Jan 05, 2019 11:39 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: investing Uncomfortably
Replies: 88
Views: 8171

Re: Larry Swedroe: investing Uncomfortably

By a fundamental factor is the factor cannot be changed over time. A stock is stock & a bond a bond. A "value" stock can become a "growth" stock and visa versa. The same is true for momentum. The returns for the non-fundamental factors are based upon past empirical returns not underlying economics ...
by betablocker
Sat Jan 05, 2019 11:24 am
Forum: Personal Investments
Topic: BAM Advisor: Advice on alt funds and allocations
Replies: 54
Views: 2945

Re: BAM Advisor: Advice on alt funds and allocations

I view some alts as worth it. The idea is to get additional diversification from equities and bonds particularly if bonds and stocks correlate on the downside as they have done in several periods including the 70s. We would all love to be able to hold a third uncorrelated asset class but the financ...
by betablocker
Fri Jan 04, 2019 10:42 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: investing Uncomfortably
Replies: 88
Views: 8171

Re: Larry Swedroe: investing Uncomfortably

IMO the weakness in the factor (value) argument is the factors are based upon past correlations holding true in the future (i.e. folks value vs. growth stocks in a similar way as in the past (so the factor can revert). Fundamental factors (such as beta) are based upon fundamental differences in the...
by betablocker
Fri Jan 04, 2019 10:36 am
Forum: Personal Investments
Topic: BAM Advisor: Advice on alt funds and allocations
Replies: 54
Views: 2945

Re: BAM Advisor: Advice on alt funds and allocations

My BAM advisor recently recommended adding the following alts to my portfolio. Her reasons for adding these are increased diversification and decreased risk. I know that Larry Swedroe has been promoting these but would like to get reactions here. After these additions, here is my allocation: Equity...
by betablocker
Fri Jan 04, 2019 10:32 am
Forum: Personal Investments
Topic: BAM Advisor: Advice on alt funds and allocations
Replies: 54
Views: 2945

Re: BAM Advisor: Advice on alt funds and allocations

My BAM advisor recently recommended adding the following alts to my portfolio. Her reasons for adding these are increased diversification and decreased risk. I know that Larry Swedroe has been promoting these but would like to get reactions here. After these additions, here is my allocation: Equity...
by betablocker
Thu Jan 03, 2019 10:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: investing Uncomfortably
Replies: 88
Views: 8171

Re: Larry Swedroe: investing Uncomfortably

IMO the weakness in the factor (value) argument is the factors are based upon past correlations holding true in the future (i.e. folks value vs. growth stocks in a similar way as in the past (so the factor can revert). Fundamental factors (such as beta) are based upon fundamental differences in the...
by betablocker
Thu Jan 03, 2019 10:17 pm
Forum: Personal Investments
Topic: BAM Advisor: Advice on alt funds and allocations
Replies: 54
Views: 2945

Re: BAM Advisor: Advice on alt funds and allocations

My BAM advisor recently recommended adding the following alts to my portfolio. Her reasons for adding these are increased diversification and decreased risk. I know that Larry Swedroe has been promoting these but would like to get reactions here. After these additions, here is my allocation: Equity...
by betablocker
Wed Jan 02, 2019 6:12 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: investing Uncomfortably
Replies: 88
Views: 8171

Re: Larry Swedroe: investing Uncomfortably

IMO the weakness in the factor (value) argument is the factors are based upon past correlations holding true in the future (i.e. folks value vs. growth stocks in a similar way as in the past (so the factor can revert). Fundamental factors (such as beta) are based upon fundamental differences in the...
by betablocker
Fri Dec 21, 2018 10:10 am
Forum: Personal Investments
Topic: Another newbie investor who's feeling the pain and would like advice
Replies: 46
Views: 5620

Re: Another newbie investor who's feeling the pain and would like advice

I'd suggest doing a bit of reading and setting a long term asset allocation that has nothing to do with current market conditions. It hurts to feel like you put money in and then the market goes down but that is no worse than people who put money in, watched it grow, and then experienced a downturn....
by betablocker
Fri Dec 21, 2018 10:01 am
Forum: Non-US Investing
Topic: Investing in Stocks & Property
Replies: 14
Views: 896

Re: Investing in Stocks & Property

I don't invest in real estate (beyond REITS) because I don't want to deal with it and in many cases I don't think investors benchmark what they get against a REIT ETF/fund. If you do continue to do it because you have the time and inclination, I'd suggest looking at sites like roofstock and others t...