Search found 485 matches

by Whakamole
Thu Jan 18, 2018 3:54 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6520

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Not to get too off topic, but I thought this was at least partially debunked- the continuous and automatic fund rebalancing makes up for the slight increase in ER. Yes, I think that is essentially true, but there are still the taxes which would be a big deal for high income folks and low income fol...
by Whakamole
Thu Jan 18, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing in last 12 months
Replies: 13
Views: 869

Re: Rebalancing in last 12 months

Buying bonds like crazy (total bond in 401k, short-term tax exempt in taxable) and still off my target AA by 3%. At one point this year my 401k contributions switch from traditional with match to after-tax (aka the "mega backdoor Roth") and I assume I will have to rebalance in tax-deferred, which st...
by Whakamole
Thu Jan 18, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6520

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Also, (Jim, correct me if I'm wrong) high income professionals such as doctors are huge targets for the "helpers" of the insurance and advisor industries being sold terrible investments such as annuities, whole life insurance, and high fee front loaded active mutual funds, etc.. We're all targets, ...
by Whakamole
Thu Jan 18, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6520

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

WCI: If you are reading this, please do not let the negative comments bother you. I enjoy reading your posts and I understand that the course is not aimed at bogleheads in general. Not at all. I actually appreciate the feedback. But most of the posters in this thread are exactly right- if you are c...
by Whakamole
Thu Jan 18, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6520

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Also his whole idea that somehow investing is different because it's for doctors is flawed. Hmm. I'm not a doctor, but seems to me like there are some areas where financial planning is different for doctors. Investing is probably about the same as for other high income folks. WCI covers investing b...
by Whakamole
Thu Jan 18, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6520

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

$399 is much less than the average person loses by purchasing loaded funds, high-cost active funds, going with an advisor who charges AUM. WCI readily says if you can do the research yourself, the course isn't for you. Is it a "good deal"? - I'm not sure, from the comments it sounds like this involv...
by Whakamole
Wed Jan 17, 2018 1:01 pm
Forum: Investing - Theory, News & General
Topic: Will a bond sell-off be the catalyst for a Major Market Correction?
Replies: 13
Views: 1332

Re: Will a bond sell-off be the catalyst for a Major Market Correction?

A sell-off in bonds could be "the Armageddon event for this year," Naeem Aslam, chief market analyst for Think Markets UK, wrote in a report Tuesday. Armageddon event, huh. It’s almost as if he was trying to appeal to the emotions. The apparently annual Armageddon event. I wonder if department stor...
by Whakamole
Tue Jan 16, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4243
Views: 1144050

Re: U.S. stocks in freefall

Is it time to panic yet?
by Whakamole
Fri Jan 12, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: How do credit card companies determine how much credit to give you?
Replies: 5
Views: 889

How do credit card companies determine how much credit to give you?

I'm curious about how card companies determine the maximum limit for a credit card after trying to take advantage of bonuses. I typically don't pay very much attention to how much they've approved me for, since I don't put that much on cards and pay them off every month (same with the interest rate....
by Whakamole
Fri Jan 12, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: Lower tax rates for 7 yrs.-Are you switching to Roth 401K
Replies: 31
Views: 1603

Re: Lower tax rates for 7 yrs.-Are you switching to Roth 401K

I still like the idea of definitely not paying taxes now as opposed to maybe not paying taxes later.
by Whakamole
Thu Jan 11, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: Kodakcoin
Replies: 101
Views: 7982

Re: Kodakcoin

"Utilising blockchain technology, the KodakOne platform will create an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform ," Kodak explained. I am amazed at how much mis-information there is in this th...
by Whakamole
Wed Jan 10, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: Kodakcoin
Replies: 101
Views: 7982

Re: Kodakcoin

So what are the side effects when this crashes and burns?

During the housing bubble ten years ago, I thought that the crash wouldn't impact me too much since I hadn't overpaid for a house, I was not exactly correct there :oops: This is going to have some kind of unexpected downstream impact.
by Whakamole
Wed Jan 10, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: How diversified are you really with cap weighted foreign markets?
Replies: 37
Views: 1981

Re: How diversified are you really with cap weighted foreign markets?

Using M* we can see how diversified a total international fund like VTIAX is. http://portfolios.morningstar.com/fund/holdings?t=VTIAX®ion=usa&culture=en-US The largest holding as of 11/30 is Tencent; it's 1.09% of the fund. Nestle is 1.06%. The top ten holdings are 7.63%. This is half of what we ...
by Whakamole
Sat Jan 06, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 7725

Re: "Can I Really Retire at 40?" What to Tell Clients

The market historically bounces back pretty quick so its not like one should need to go start a new career . Granted there are exceptions but that is the risk our what should be told to the client. My own example being fire'd was that if the [stuff --admin LadyGeek] really hit the fan that I would ...
by Whakamole
Fri Jan 05, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: Definition of “bond bubble”
Replies: 20
Views: 1513

Re: Definition of “bond bubble”

Going forward, the U.S. will be lucky to generate real GDP growth in the 2%-3% range, as both of the drivers of long-term GDP growth — workforce expansion and productivity growth — are on long-term declining trends. Yes, real interest rates may move up somewhat in the years ahead — but it's very un...
by Whakamole
Fri Jan 05, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: Definition of “bond bubble”
Replies: 20
Views: 1513

Re: Definition of “bond bubble”

Interesting thread & posts. But I'm a bit confused as to what is really being said. As I read through, I got the impression that some feel a "bubble" can NOT happen in the case of bonds....I'd like to hear some drill down on whether posters are addressing (1) both individual bonds & bond funds & (2...
by Whakamole
Fri Jan 05, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Chip architecture vulnerability in pretty much everthing
Replies: 106
Views: 6582

Re: Chip architecture vulnerability in pretty much everthing

One of the principle behind "good" guys finding this type of issues and reporting this privately to the "powers to be" is that the vulnerability is publicly disclosed only after the patch has been in place for a while. From reading the current news, it seems as if the patches have not been yet wide...
by Whakamole
Wed Jan 03, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: use a personal hotspot on a plane?
Replies: 26
Views: 2127

Re: use a personal hotspot on a plane?

Those hubs are a great idea in general though, but I have found them less necessary as most hotels allow multiple device connections without extra fees now. It may be useful on an airplane though for sharing a connection. I have had one for years. Haven’t used it for its primary intended purpose fo...
by Whakamole
Wed Jan 03, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Vanguard glitch: don't contribute 2018 IRA now! [FIXED NOW]
Replies: 25
Views: 3484

Re: Vanguard glitch: don't contribute 2018 IRA now! [FIXED NOW]

My contribution was able to be converted to my Roth this morning.
by Whakamole
Mon Jan 01, 2018 11:01 pm
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 42
Views: 4124

Re: Savings Bond Wizard to be eliminated 5/18

I get the distinct impression that so few people use savings bonds now, which is why they are scaling down services. I would not be surprised if they started grandfathering these. Is there any kind of public record of how much money has gone into I Bonds? https://www.treasurydirect.gov/indiv/resear...
by Whakamole
Mon Jan 01, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 42
Views: 4124

Re: Savings Bond Wizard to be eliminated 5/18

I have a question for those with paper bonds. How are you going to get the current value on them? I have all e bonds, but I use SBW because it is easy and fast. I guess I will have to spend 10 minutes logging into TD every time I want to know the value of my bonds. So I've followed the instructions...
by Whakamole
Mon Jan 01, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 42
Views: 4124

Re: Savings Bond Wizard to be eliminated 5/18

The SBW was nice because it about thirty seconds to get the latest value of your bonds for a monthly spreadsheet update. I guess this looks similar but I wonder when they will also phase it out. I get the distinct impression that so few people use savings bonds now, which is why they are scaling dow...
by Whakamole
Fri Dec 29, 2017 5:45 pm
Forum: Investing - Theory, News & General
Topic: 2017 tax-loss harvesting
Replies: 13
Views: 1011

Re: 2017 tax-loss harvesting

Bond funds, switched from Limited to Short term muni.
by Whakamole
Fri Dec 29, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: The Growing Peril of Index Funds: Too Much Tech
Replies: 67
Views: 5688

Re: The Growing Peril of Index Funds: Too Much Tech

I am pretty glad I am not overweight auto industry or energy right now, which you would be using an equal weight index. Funny you should mention that, energy companies made up 25% of the S&P 500 market cap in 1980... http://siblisresearch.com/data/sp-500-sector-weightings/ The idea that indexing in...
by Whakamole
Sat Dec 23, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 7336

Re: Saving for the crash

It's just dumb. I will buy with new money, rebalance with old, harvest the losses and not create a drag on my portfolio. This also assumes you'll have new money. I recall unemployment rates going up a tad during the last recession. Isn't that where "rebalance with old" comes into play? That rebalan...
by Whakamole
Sat Dec 23, 2017 12:15 pm
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 7336

Re: Saving for the crash

PFInterest wrote:
Thu Dec 21, 2017 11:58 pm
It's just dumb. I will buy with new money, rebalance with old, harvest the losses and not create a drag on my portfolio.
This also assumes you'll have new money. I recall unemployment rates going up a tad during the last recession.
by Whakamole
Sat Dec 23, 2017 12:11 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 242
Views: 15616

Re: Do people still use AAA?

I had a horrible experience with AAA last year. It was beginning to snow and we had a flat tire after coming out of a movie, about 20 miles from home. AAA said they would come, and kept saying this during subsequent phone calls, but finally after about two hours, said that they instead would not be ...
by Whakamole
Tue Dec 12, 2017 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 49
Views: 6918

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

I’ve used H&R Block software for several years and I’ve been happy with it. I've also used H&R Block software for years and I've been a happy customer of them for the most part. My only complaint is last tax year I had to upgrade my product for the system to be able to include my foreign tax credit...
by Whakamole
Fri Dec 01, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9667

Re: Why should I donate to my alma mater?

I look at the extravagant (IMHO) facilities that my alma mater has built, their multi-billion dollar endowment (for a public university no less!), and their statement by their investment managers that they think they can find active managers who can do better than passive. I do note that their 10 ye...
by Whakamole
Sun Nov 19, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 108
Views: 13202

Re: The valet smashed my Tesla into a brick wall!

Honestly, with this kind of damage the frame probably bent. I wouldn't want a repair. Lawyer up. Demand the full value of the car plus extra damages. Make lemonade out of lemons. Tell them there would be bad publicity. for their venue from a legal battle. I'd also use the records from the Tesla - p...
by Whakamole
Thu Nov 16, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Res - Anyone use Trip Canc Insurance
Replies: 10
Views: 1011

Re: Chase Sapphire Res - Anyone use Trip Canc Insurance

I tried, it was due to a medical issue on the part of the person going with me. Chase denied it. I would not rely on their travel insurance and instead shop around - relying on the word of a customer service agent cost me $800. Did you have an actual valid claim? Did Chase give a reason and was it ...
by Whakamole
Thu Nov 16, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Res - Anyone use Trip Canc Insurance
Replies: 10
Views: 1011

Re: Chase Sapphire Res - Anyone use Trip Canc Insurance

I tried, it was due to a medical issue on the part of the person going with me. Chase denied it. I would not rely on their travel insurance and instead shop around - relying on the word of a customer service agent cost me $800.
by Whakamole
Thu Nov 16, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4243
Views: 1144050

Re: U.S. stocks in freefall

David Jay wrote:
Thu Nov 16, 2017 2:09 pm
livesoft wrote:
Thu Nov 16, 2017 1:57 pm
...so today may not even end up being a 52-week high.
What? No new high? Man the lifeboats!!!
Can we post that old "sell sell sell!" comic strip yet?
by Whakamole
Fri Nov 10, 2017 3:47 pm
Forum: Investing - Theory, News & General
Topic: Does the S&P 500 just *seem* expensive because of sector weights?
Replies: 9
Views: 1201

Re: Does the S&P 500 just *seem* expensive because of sector weights?

nedsaid wrote:
Fri Nov 10, 2017 3:10 pm
Another factor in higher US valuations is the safe haven factor, during the financial crisis, the US was the least dirty shirt in the laundry hamper.
There's no guarantee of this being the case next time, of course.
by Whakamole
Fri Nov 10, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4243
Views: 1144050

Re: U.S. stocks in freefall

Should we start a "bond prices in freefall" thread?
by Whakamole
Thu Nov 09, 2017 6:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4243
Views: 1144050

Re: U.S. stocks in freefall

tj wrote:
Thu Nov 09, 2017 6:08 pm
KSOC wrote:
Thu Nov 09, 2017 5:34 pm
I wish I had more $$ to buy today. Opportunities have been rare.
It ended down only like 0.4 % ?
VTI hasn't closed this low since November 2nd of this year.
by Whakamole
Wed Nov 01, 2017 5:00 pm
Forum: Personal Consumer Issues
Topic: Cheap low speed unlimited data
Replies: 16
Views: 1593

Re: Cheap low speed unlimited data

My daughter is our data killer. I may use a gig or so. Daughter uses the rest. We are usually under 10 gigs in a normal month. If we are traveling it will exceed 20. Doesn’t seem like pandora is bad. But my daughter uses YouTube music which kills the data. I think T-Mobile will exclude many music p...
by Whakamole
Thu Oct 19, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 6084

Re: Is a crash coming soon?

Secondly, the longest period in US history without a big recession is 10 years. But in the 80s and 90s we saw a 18 year bull market. The unscientific part of your post rings true. There will always be bulls and bears talking about the market. Point of order, in 1987 on this day we had a slight dip ...
by Whakamole
Thu Oct 19, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 6084

Re: Is a crash coming soon?

Secondly, the longest period in US history without a big recession is 10 years. But in the 80s and 90s we saw a 18 year bull market. The unscientific part of your post rings true. There will always be bulls and bears talking about the market. Point of order, in 1987 on this day we had a slight dip ...
by Whakamole
Tue Oct 17, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 511
Views: 51397

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Not to defend TDA, but I would imagine those currently thinly-traded ETFs will grow in size and volume once they are on the TDA platform. They are one of the larger brokers. Definitely not Vanguard or iShares volume but then what is?
by Whakamole
Mon Oct 16, 2017 4:06 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 511
Views: 51397

Re: Fellow TDA bogleheads

I have both Vanguard ETFs and non-Vanguard ETFs at TD. If I transfer out all of my Vanguard ETF positions in-kind while maintaining my positions in the other non-Vanguard funds, does TD consider this a partial transfer (free) or a full transfer ($75 fee)? That should be considered a partial transfe...
by Whakamole
Fri Oct 13, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Earplugs that work on low frequency noise?
Replies: 35
Views: 2162

Re: Earplugs that work on low frequency noise?

Unfortunately my city noise ordinance is only in effect til 7 am on weekdays, 8 am on weekends.
Have you considered finding a lawn service that will mow your lawn at 7am on weekdays?
by Whakamole
Thu Oct 12, 2017 8:21 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Audiobook??
Replies: 4
Views: 665

Re: Bogleheads Audiobook??

Alexa9 wrote:
Thu Oct 12, 2017 7:25 pm
This would be great to spread the gospel for people that aren’t big readers. I’d also like to see an abridged version for high school graduates.
I think "If You Can" fits that latter niche quite nicely.
by Whakamole
Thu Oct 12, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 144
Views: 17070

Re: MoviePass-Too good to be true, but it's legit.

Now MoviePass is saying they might not make it: https://www.bloomberg.com/news/articles ... ot-make-it

This is reminding me of the dotcom days.
by Whakamole
Wed Oct 11, 2017 7:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Non-US Valuations Look Attractive
Replies: 82
Views: 9307

Re: Larry Swedroe: Non-US Valuations Look Attractive

He lists the P/E for DFA international small/value/etc. funds. By comparison, the Vanguard small/mid cap international fund VFSVX has: You can't compare P/E from different sources like that. Vanguard calculates it in a different way from DFA. Here is the Boglehead wiki on P/E: https://www.boglehead...
by Whakamole
Wed Oct 11, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16284

Re: [Boglehead vs Mr Money Mustache philosophies]

- A MMMer is defined by saving money by living on a small footprint. MMM stated he flew to multiple conferences last year (excluded in his budget.) One of those conferences was in Ecuador, which is a long flight away for most people. None of that seems like "living on a small footprint" especially ...
by Whakamole
Wed Oct 11, 2017 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16284

Re: [Boglehead vs Mr Money Mustache philosophies]

- A MMMer is defined by saving money by living on a small footprint. MMM stated he flew to multiple conferences last year (excluded in his budget.) One of those conferences was in Ecuador, which is a long flight away for most people. None of that seems like "living on a small footprint" especially ...
by Whakamole
Wed Oct 11, 2017 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16284

Re: [Boglehead vs Mr Money Mustache philosophies]

The only way a society could even work if everyone retired at 35 and did what they liked would be if we had robots doing all the unpleasant/difficult work that people retired to get away from (then we might need to worry about the robot revolt... ps I for one welcome our new robot overlords), or if ...
by Whakamole
Wed Oct 11, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Non-US Valuations Look Attractive
Replies: 82
Views: 9307

Re: Larry Swedroe: Non-US Valuations Look Attractive

He lists the P/E for DFA international small/value/etc. funds. By comparison, the Vanguard small/mid cap international fund VFSVX has: P/E: 15.14 P/B: 1.49 These values are higher than the DFA international small cap value funds, but it's also better than the DFA international small cap (non-value) ...