Search found 5558 matches

by whodidntante
Thu Jul 18, 2019 3:02 pm
Forum: Investing - Theory, News & General
Topic: SERIOUS MONEY book is 20 years old this month
Replies: 10
Views: 579

Re: SERIOUS MONEY book is 20 years old this month

Thanks for sharing, Rick. The word risk occurs 94 times and risk tolerance is discussed, but I don't see the chapter about unusually colored swans, swan management, and swan tolerance. Plenty of room for a sequel. :happy It's true. My book pre-dates black swans. The first one was not discovered unt...
by whodidntante
Thu Jul 18, 2019 1:57 pm
Forum: Investing - Theory, News & General
Topic: SERIOUS MONEY book is 20 years old this month
Replies: 10
Views: 579

Re: SERIOUS MONEY book is 20 years old this month

Thanks for sharing, Rick.

The word risk occurs 94 times and risk tolerance is discussed, but I don't see the chapter about unusually colored swans, swan management, and swan tolerance. Plenty of room for a sequel. :happy
by whodidntante
Thu Jul 18, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Next "Bogleheads on Investing" podcast guest
Replies: 28
Views: 1888

Re: Larry Swedroe: Next "Bogleheads on Investing" podcast guest

Larry is a big proponent of the efficient market hypothesis. He is? If this were the case, would he be such a big fan of factor investing? A swing and a miss! :happy Eugene Fama developed the EMH. I think he also had something to do with factor research, LOL. His factor research concerns the explan...
by whodidntante
Thu Jul 18, 2019 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 15
Views: 795

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

Looks like a tasty bonus for those who keep huge piles of cash lying around.
by whodidntante
Thu Jul 18, 2019 1:01 pm
Forum: Personal Investments
Topic: Where to invest "car fund" for 10 years or more
Replies: 9
Views: 574

Re: Where to invest "car fund" for 10 years or more

I don't see any advantage to having a car bucket in your situation. In your shoes, I would take the car bucket, and any other bucket you have, and invest it in your 50/50 asset allocation, as tax efficiently as possible. Most people should not hold munis, but should hold taxable bonds in tax deferre...
by whodidntante
Wed Jul 17, 2019 9:16 pm
Forum: Investing - Theory, News & General
Topic: 25% SP 500 (or VT) and 75% TIPS Bonds--Not Bond Fund.
Replies: 21
Views: 1427

Re: 25% SP 500 (or VT) and 75% TIPS Bonds--Not Bond Fund.

I think I would feel physically ill at 51% bonds, unless I had a death certain date, in which case that would be the cause of my physical illness.
by whodidntante
Wed Jul 17, 2019 8:42 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Next "Bogleheads on Investing" podcast guest
Replies: 28
Views: 1888

Re: Larry Swedroe: Next "Bogleheads on Investing" podcast guest

Fruition15 wrote:
Wed Jul 17, 2019 3:24 pm
willthrill81 wrote:
Wed Jul 17, 2019 11:40 am
Larry is a big proponent of the efficient market hypothesis.
He is? If this were the case, would he be such a big fan of factor investing?
A swing and a miss! :happy

Eugene Fama developed the EMH. I think he also had something to do with factor research, LOL.
by whodidntante
Wed Jul 17, 2019 1:03 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Volatility Targeting Improves Risk Adjusted Returns
Replies: 32
Views: 2178

Re: Larry Swedroe: Volatility Targeting Improves Risk Adjusted Returns

What leverage would do is open up more possibilities for exposure to sources of risk and return, and to improve upon volatility and expected returns. Which sounds oh so great and never seems to work, or if it does work, managed future fund managers are doing it wrong or have been the unluckiest grou...
by whodidntante
Wed Jul 17, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: Would you pay that much for parking?
Replies: 26
Views: 1755

Re: Would you pay that much for parking?

I would. Avoiding continuous sun damage and protection from the elements is worth an extra 480 per year to me. Essentially you are renting your garage as a separate line item. If you drive an old beater and don't mind get up earlier on snow days then go for outside parking.
by whodidntante
Wed Jul 17, 2019 12:04 am
Forum: Personal Investments
Topic: Edward Jones trap
Replies: 69
Views: 10770

Re: Edward Jones trap

willthrill81 wrote:
Tue Jul 16, 2019 7:21 pm
Rarely does unsolicited advice achieve much that's good.
Yep. I'd stay out of it. Sis knows EJ is expensive, and they are convinced it's worth it even though a small amount of research would lead one to question that conclusion.
by whodidntante
Tue Jul 16, 2019 11:51 pm
Forum: Personal Investments
Topic: Should I start indexing NOW in current Market?
Replies: 26
Views: 3154

Re: Should I start indexing NOW in current Market?

I have almost all of my life savings in equities. Should I sell NOW in current market? Well, I'm not gonna. So why would I tell you to avoid buying for a smaller amount than I currently have at risk? If there is a correction, there will be plenty of cheap stocks lying around. You can buy more then. ...
by whodidntante
Tue Jul 16, 2019 11:46 pm
Forum: Personal Consumer Issues
Topic: Letter from Amex - scam?
Replies: 25
Views: 2255

Re: Letter from Amex - scam?

sawhorse wrote:
Tue Jul 16, 2019 10:07 pm

Yes, I have an Amex account. The form has a check mark to select either to receive it or to have Amex hand it over to the state. Then a line for a signature.
Yeah, not seeing the scam here. I think you return that signed.
by whodidntante
Tue Jul 16, 2019 11:45 pm
Forum: Personal Consumer Issues
Topic: Letter from Amex - scam?
Replies: 25
Views: 2255

Re: Letter from Amex - scam?

ResearchMed wrote:
Tue Jul 16, 2019 9:50 pm
This sounds VERY much like a scam.
Does it?

Maybe if the form is asking identity thefty questions, it could be a scam. But I'm not seeing the play on this one so far.
by whodidntante
Tue Jul 16, 2019 11:31 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback Engine Offering for 2020
Replies: 36
Views: 2913

Re: New Subaru Outback Engine Offering for 2020

One thing that will never change with a subaru...an engine that leaks and head gaskets that need replaced. We're trying to squeeze another year or two out of our forester before we get rid of it. I'm not a Scooby fanperson, but didn't they resolve the too frequent head gasket failures in the latest...
by whodidntante
Tue Jul 16, 2019 11:25 pm
Forum: Personal Consumer Issues
Topic: What to do in Little Rock
Replies: 23
Views: 1589

Re: What to do in Little Rock

Keep driving. :happy
by whodidntante
Tue Jul 16, 2019 11:24 pm
Forum: Personal Consumer Issues
Topic: Letter from Amex - scam?
Replies: 25
Views: 2255

Re: Letter from Amex - scam?

Chase sent me a check for $200 on a day much like this one. Something about a credit that was received on one of my cards but never posted to my account. I don't know what they are talking about, but I checked the check and it was legit. I deposited it at Chase and they seemed happy, and there was n...
by whodidntante
Tue Jul 16, 2019 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Take the cash or the free dinner?
Replies: 61
Views: 4539

Re: Take the cash or the free dinner?

The real question is, how much to watch livesoft perform?
by whodidntante
Tue Jul 16, 2019 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Take the cash or the free dinner?
Replies: 61
Views: 4539

Re: Take the cash or the free dinner?

I would take $200 cash for free entertainment.
by whodidntante
Tue Jul 16, 2019 6:26 pm
Forum: Personal Consumer Issues
Topic: Dash Cams [want recommendations]
Replies: 22
Views: 1581

Re: Dash Cams [want recommendations]

Our Lawyer recommended getting a Dash Cam ….. Looking for suggestions on brands etc. Thank You in Advance Do realize that dash cams work both ways. They also record your driving and your behavior. And do realize that once the record is created, you are stuck with it. https://www.youtube.com/watch?v...
by whodidntante
Tue Jul 16, 2019 5:35 pm
Forum: Personal Investments
Topic: International stocks
Replies: 9
Views: 732

Re: International stocks

Yes of course you should, because one is a total fund.
by whodidntante
Tue Jul 16, 2019 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: 1 million in liquid assets or paid off mortgage by 40?
Replies: 52
Views: 4505

Re: 1 million in liquid assets or paid off mortgage by 40?

Some people think having a paid off mortgage provides financial security. I think having a valuable pile of securities provides financial security. You can sell those securities to provide hamburgers. Try converting your fully paid off guest room to hamburgers.
by whodidntante
Tue Jul 16, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedore: Are TIPS Cheap?
Replies: 5
Views: 897

Re: Larry Swedore: Are TIPS Cheap?

Maybe so, but I think series I bonds are even better still, so long as the annual purchase limits do not ruin the party. Which would be a real snooze of a party to begin with.
by whodidntante
Tue Jul 16, 2019 2:29 pm
Forum: Personal Consumer Issues
Topic: Dash Cams [want recommendations]
Replies: 22
Views: 1581

Re: Dash Cams [want recommendations]

I use an aukey dr01. The most important features are the capacitor instead of a battery (battery fails due to summer interior heat) and passable low light performance. Resolution is not a critical feature. Spring for a high endurance flash card that is over provisioned. Watch the video periodically ...
by whodidntante
Tue Jul 16, 2019 8:22 am
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 61
Views: 6440

Re: Fidelity Expands Their Index Fund Lineup

Why start a new Small Growth fund? Yes, it is a slice of the total market, but it is not a good slice to own. Has it done well recently, so it doesn't look as bad as it is? I don't know about the Russell growth index, but the s&p 600 growth index excludes a lot of the lottery ticket stocks that Swe...
by whodidntante
Mon Jul 15, 2019 12:26 pm
Forum: Personal Consumer Issues
Topic: I think i can spend 30k on this vacation, but wife not sure
Replies: 77
Views: 6902

Re: I think i can spend 30k on this vacation, but wife not sure

Explain to your wife that some people who like low cost mutual funds think you can afford it. Thus solving the problem forever.
by whodidntante
Sun Jul 14, 2019 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7515

Re: No A/C in Office [not a safe work environment]

If it's 90 degrees and there is live exposed electrical greater than 50 volts and vicious ungarded mechanical motion, it is an unsafe work environment.
by whodidntante
Sun Jul 14, 2019 2:38 pm
Forum: Investing - Theory, News & General
Topic: S&P MidCap 400: Outperformance and Potential Applications
Replies: 18
Views: 1838

Re: S&P MidCap 400: Outperformance and Potential Applications

Large caps have enjoyed increased multiple expansion and now have relatively worse valuations. So trailing returns look better but expected returns worse at least if you think valuations matter. So buying midcaps you are getting a little more value. Even small caps look cheap relative to large caps ...
by whodidntante
Sat Jul 13, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a used car: 0-interest loan over 15 months, or buy in cash
Replies: 32
Views: 1819

Re: Buying a used car: 0-interest loan over 15 months, or buy in cash

HEDGEFUNDIE wrote:
Sat Jul 13, 2019 7:58 pm
I just did this with another bank’s credit card. Bought a new car with dealership loan at high interest, paid it off immediately with a 0% credit card balance transfer. Put that $25k to work in the markets and earned ~10%.
Sounds like an excellent adventure.
by whodidntante
Sat Jul 13, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Add a second job? Trader Joes, Home depot, ???
Replies: 38
Views: 4707

Re: Add a second job? Trader Joes, Home depot, ???

Chicagoland? I've heard that Meijer has a decent 401k plan. It's worth a look. I think the best thing to do would be to get a better job with more income potential or start a business that uses your specialized knowledge. Why is it necessary that you work from home for your real job, but can go work...
by whodidntante
Sat Jul 13, 2019 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge Combo
Replies: 10
Views: 764

Re: Bank of America/Merrill Edge Combo

hayhayday wrote:
Sat Jul 13, 2019 12:41 pm
IIRC the cash rewards bonus is on redemption while travel rewards is on accrual. If going for cash rewards dont redeem cash back\ signup bonus until you have plat honors in effect
This was true, but BoA changed it a few months ago. Now you need status on accrual for cash rewards.
by whodidntante
Sat Jul 13, 2019 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Gifting money to family abroad
Replies: 5
Views: 731

Re: Gifting money to family abroad

Good morning bogleheads, I live in the US as a permanent resident, and my direct family (both parents and brother) live in a country in mediterranean Europe, and they don't have any ties with the US. They recently asked for my financial help and need about $40,000. They offered to set up documents ...
by whodidntante
Sat Jul 13, 2019 8:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard account “Your mutual funds are eligible for tax-free conversion to ETFs”
Replies: 21
Views: 2514

Re: Vanguard account “Your mutual funds are eligible for tax-free conversion to ETFs”

ETFs are structurally more efficient than mutual funds. It lowers their cost and yours. It also adds portability to your investments, should you decide to rage quit Vanguard some day, or just leave to earn a brokerage transfer bonus. The current pushback on ETFs reminds me of when phone companies tr...
by whodidntante
Fri Jul 12, 2019 10:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1289
Views: 121435

Re: U.S. stocks continue to soar!

GoldenFinch wrote:
Fri Jul 12, 2019 10:02 pm
I also don’t need to ask whether or not to take a mortgage because I’ve read about 20 threads about that issue too. Good advice! Thank you all!
If you had come here with an existing mortgage, and the rate was pretty low, we'd be pretty torn.
by whodidntante
Fri Jul 12, 2019 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Paying cash for a vehicle
Replies: 86
Views: 9769

Re: Paying cash for a vehicle

They roll the negative net interest rate into the price. Usually you can get a better price than taking the interest rate. If not they are holding back and probably get a kicker to get you to finance. If the low interest rate is subsidized by the manufacturer, and the equivalent money is not availa...
by whodidntante
Fri Jul 12, 2019 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3614

Re: Can my brother afford his vacation?

skime wrote:
Fri Jul 12, 2019 6:49 pm
What would you have told him?
My frequent flyer number for when he books my ticket.
by whodidntante
Fri Jul 12, 2019 5:16 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 2586

Re: Should I Buy a Motorcycle?

You can always count on the Bogleheads for risk aversion. You're supposed to have plenty of bonds even if you don't know why, and someone recommends a Camry in every car thread no matter the question. Not the place for permission to buy a motorcycle. :happy Some of the dismissive humor that somehow ...
by whodidntante
Fri Jul 12, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: Any good podcasts for investing/personal finance?
Replies: 10
Views: 1016

Re: Any good podcasts for investing/personal finance?

Search the forum. It's been discussed.

The bogleheads have an official podcast now, so jot that down. The host is excellent although he talks slow so I recommend 1.5x speed. It's possibly conditioning from his time as an hourly advisor. :happy
by whodidntante
Fri Jul 12, 2019 12:09 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 2586

Re: Should I Buy a Motorcycle?

Also they depreciate like bricks. Buy what you can afford used, cash. You may be surprised how nice that is if you take a month or two shopping online (Facebook marketplace, CL, CycleTrader etc.) Some bikes do. I'm genuinely surprised at the market value of my 14 year old harley that I bought new. ...
by whodidntante
Fri Jul 12, 2019 7:21 am
Forum: Investing - Theory, News & General
Topic: Small-Cap Value Funds: Then And Now
Replies: 74
Views: 8033

Re: Small-Cap Value Funds: Then And Now

That's called chasing performance and it's caused by recency bias.

If TSM trails SCV the next five years, should I sell TSM and invest all my money in SCV funds?
by whodidntante
Thu Jul 11, 2019 7:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1289
Views: 121435

Re: U.S. stocks continue to soar!

AnalogKid22 wrote:
Thu Jul 11, 2019 3:48 pm
DOW 27,088.08!
Yes, Yes, and more YES! Watch it all disappear into eternity tomorrow.
Should have sold. :happy
by whodidntante
Thu Jul 11, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Bank of America Credit Card from Another Bank?
Replies: 15
Views: 1145

Re: Pay Bank of America Credit Card from Another Bank?

BoA has autopay like any reasonable provider of credit cards, but the process of setting it up is built fully upon anachronisms. You have to fill a form out with pen on paper like it's 1930, and fax it like it's 1989. You obtain the form using the voice call feature of the high speed internet connec...
by whodidntante
Thu Jul 11, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Paying cash for a vehicle
Replies: 86
Views: 9769

Re: Paying cash for a vehicle

Careful. Some people on this board apparently believe you’re driving around a tin can death trap with no safety features. True. No backup camera? No lane departure sensing? You've living on borrowed time. I'm with you OP. As long as you have seatbelts and an airbag you're GTG. Half the people on th...
by whodidntante
Thu Jul 11, 2019 12:29 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?
Replies: 63
Views: 4701

Re: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?

For all the noise about Warren Buffett's stock picks, that is not the major component of Berkshire Hathaway's investments. Berkshire Hathaway owns several small businesses and on terms that are not available to you even if you are wealthy. I guess owning that is a reasonable proxy for PE, at a tiny ...
by whodidntante
Thu Jul 11, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Best way to deposit Euros to a US Bank
Replies: 36
Views: 2252

Re: Best way to deposit Euros to a US Bank

First, just be aware of the maximum amount of cash one can bring in to a country at any given time. Off the cuff, you're probably going to be limited to $10,000 or 10,000EUR per person. If you don't declare it over the amount, some of it can be confiscated. It has to do with limiting potential terr...
by whodidntante
Wed Jul 10, 2019 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to deposit Euros to a US Bank
Replies: 36
Views: 2252

Re: Best way to deposit Euros to a US Bank

Fidelity accepts 20 foreign currencies including euros: Fidelity can take delivery of the following foreign currencies, convert them to U.S. dollars, and credit the proceeds directly to your Fidelity brokerage account. See http://personal.fidelity.com/accounts/services/forex.shtml The OP has cash, ...
by whodidntante
Wed Jul 10, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: WaPo: "Mobile Passport" is the best-kept secret in air travel
Replies: 47
Views: 6460

Re: WaPo: "Mobile Passport" is the best-kept secret in air travel

It's good, but the combined customs and immigration for carry on only and global entry are both better. I only got global entry because sometimes the combined customs and immigration line was shut down.
by whodidntante
Wed Jul 10, 2019 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to deposit Euros to a US Bank
Replies: 36
Views: 2252

Re: Best way to deposit Euros to a US Bank

That's a lot of bread. I sometimes come back from Europe with what some would consider significant cash, but you have me beat. I just put it in my safety deposit box then spend it on the next trip. Is that an option? The downside of this method is the money is not invested and you're taking some cur...
by whodidntante
Wed Jul 10, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: my best new travel tip only $2 per day more [airport parking]
Replies: 59
Views: 5973

Re: my best new travel tip only $2 per day more [airport parking]

We have one of our kids drop us at the airport, it is not like they haven't been given rides over the years right? We Uber home for $19.00. $110.00 savings on our last trip. Did it save you $19 or $110? It's odd that it costs you 5.5x as much to uber to the airport as to uber home from the airport.
by whodidntante
Wed Jul 10, 2019 12:58 pm
Forum: Personal Investments
Topic: How to best unload shares?
Replies: 21
Views: 1020

Re: How to best unload shares?

What makes it a nightmare tax wise? When I have sold stock it was not a nightmare tax wise. Do you mean that determining the cost basis is difficult? The inherited shares received a stepped up basis and it would be easy to find the price.