Search found 3908 matches

by whodidntante
Sun Sep 23, 2018 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for upcoming medical / IVF expenses
Replies: 36
Views: 1404

Re: How to pay for upcoming medical / IVF expenses

With your income you can get a credit card with a 0% purchase APR and a cash bonus and use that to float the expense for a year. AmEx cash magnet will pay you $250 bonus +15 months at 0%. You can also borrow against your car for 2%, at least I can. You can also save and wait.
by whodidntante
Sun Sep 23, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: You don't get all the rebates if you take the 0% financing
Replies: 15
Views: 1856

Re: You don't get all the rebates if you take the 0% financing

It depends on the incentive structure offered at the time you buy. When I bought my Ford Mustang, I could get $1,000 in incentives, plus an additional $500 in incentives or 1.9% financing. That wasn't a fantastic rate. A local credit union was offering 1.89% for 60 months, so I took the cash from Fo...
by whodidntante
Sun Sep 23, 2018 9:09 pm
Forum: Investing - Theory, News & General
Topic: My CAPE10 based IPS
Replies: 23
Views: 1234

Re: My CAPE10 based IPS

Thanks for sharing your atypical IPS. Valuations do influence expected returns but it can take a really long time to pay off, which makes it a high conviction strategy. Since you understand that and since you seem to have the required conviction, I don't see a problem. I might substitute an expected...
by whodidntante
Sun Sep 23, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: How to Get Rid of My Unauthorized “Two Year Contract” With Verizon
Replies: 10
Views: 909

Re: How to Get Rid of My Unauthorized “Two Year Contract” With Verizon

If Verizon ends up charging you per the terms of the contract you didn't enter, small claims or arbitration is your recourse. You've made a reasonable effort so far to get them to acknowledge their mistake. Sending a letter is also a good idea.
by whodidntante
Sun Sep 23, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Credit score impact of high card balance
Replies: 6
Views: 329

Re: Credit score impact of high card balance

Which credit score? They each have a different model for creditworthiness. I churn credit cards, and currently have two cards with a high balance on a introductory 0% purchase APR, around 30k. My pre-churning credit score was about 820-830 as I have a long credit history with no derogatory informati...
by whodidntante
Sun Sep 23, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1210
Views: 208099

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

The Merrill reward is decent, but I really don't need or want to open a checking account. It adds another step to get the reward and another step to close down when I move on. The reward drops by 1/3 if you don't open the checking. I've been able to move my stuff since April, but haven't done anyth...
by whodidntante
Sat Sep 22, 2018 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: New Type of Home "Loan"
Replies: 9
Views: 953

Re: New Type of Home "Loan"

I'm sure we will analyze this the next time housing prices drive off a cliff. Interesting tidbit from the WSJ article: And if the home goes down in value? Unison shares in the loss, but not all of it. Say the home sells for $400,000. After paying back the $400,000 mortgage, the homeowner’s $50,000 i...
by whodidntante
Sat Sep 22, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3244

Re: How to get rid of rabbits

I trained mine to eat dandelions.
by whodidntante
Sat Sep 22, 2018 7:08 pm
Forum: Investing - Theory, News & General
Topic: Buying Put Options on the S&P 500
Replies: 22
Views: 1964

Re: Buying Put Options on the S&P 500

epeterson1970 wrote:
Sat Sep 22, 2018 6:35 pm
What about selling cash covered Puts on the S&P? You would get option premium up front. You would have to have cash, in the event someone exercised their option however.
So, do the opposite?
by whodidntante
Sat Sep 22, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Home Equity Line of Credit, keep or close?
Replies: 5
Views: 295

Re: Home Equity Line of Credit, keep or close?

It doesn't sound like your terms are fantastic. I have a HELOC also, but I do not pay a fee and my rate is WSJ prime adjusted annually. It's at a local credit union. I would ask them to waive the fee. I would also point out that margin is a pretty good option if you have a lot of taxable investments...
by whodidntante
Sat Sep 22, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Auto loan dispute
Replies: 9
Views: 930

Re: Auto loan dispute

I would take the request seriously, but I would not pay $1,300 unless I understood why I owe it. Ask for a detailed explanation in writing. If you don't pay, I doubt they would sue for the amount involved, but they might be able to report the unpaid debt to the credit bureaus.
by whodidntante
Sat Sep 22, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 26
Views: 1933

Re: New car - 0% loan or $500 rebate

Take the rebate. Pay as much as you can by credit card for the cash back, and pay it off as the bills come in. We put $3000.00 each on 4 different credit cards (dealer limit) when we purchased our last vehicle. Wrote a check for the rest. Highly YMMV. My dealer would only do one swipe for $2,500. A...
by whodidntante
Sat Sep 22, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio with 3.2% Yield
Replies: 16
Views: 2160

Re: Portfolio with 3.2% Yield

Thanks a lot to all of you. I am convinced and will go for the popular 3 fund approach. I have some closed end funds in an IRA and will have to sell those now so the portfolio is simplified. Sam :happy I'm glad the responses here were helpful. If you would like a deeper understanding of why an inve...
by whodidntante
Fri Sep 21, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: Buying Put Options on the S&P 500
Replies: 22
Views: 1964

Re: Buying Put Options on the S&P 500

The issue is that the downside protection costs something. And you'll pay that something over and over and over as you roll your protection.
by whodidntante
Fri Sep 21, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 26
Views: 1933

Re: New car - 0% loan or $500 rebate

livesoft wrote:
Tue Sep 18, 2018 2:06 pm
I always take the loan. I'm not putting the loaned amount into a 2% savings account over 4 years. I don't care about the risk-free rate because I always figure a way to take on risk and make more money over 4 years.
This is the way I look at it, and it's what I have done.
by whodidntante
Fri Sep 21, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 26
Views: 1933

Re: New car - 0% loan or $500 rebate

alter wrote:
Fri Sep 21, 2018 4:30 pm
If you have the cash, buy the car with a credit card like the Fidelity 2%. Get $434 cash back, and pay off card right away. Get the lower price, no loan and free $434.
You might encounter slight difficulties finding a dealer who will eat that fee and the risk of a chargeback.
by whodidntante
Fri Sep 21, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio with 3.2% Yield
Replies: 16
Views: 2160

Re: Portfolio with 3.2% Yield

Yes, I see uncompensated risks with this portfolio. Dividends are not a source of risk and return; they are a way of returning capital to investors. A total return approach where you sell to achieve return of capital is preferred in my opinion.
by whodidntante
Fri Sep 21, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Are We Headed For A Passive Index Meltdown?
Replies: 55
Views: 7646

Re: Are We Headed For A Passive Index Meltdown?

nedsaid wrote:
Thu Sep 20, 2018 9:15 am
The Hedge Funds and the Factor Funds will keep the markets efficient. Active management is not going away either but I expect passive to increase its market share.
Factor funds apply quantitative screens/weighting and can be implemented in a passive structure.
by whodidntante
Thu Sep 20, 2018 10:28 pm
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 31
Views: 3082

Re: 401k: Why not only after-tax?

I have seen a number of threads where people are balancing pre-tax and after-tax in their 401K accounts. The bottom line: It is more efficient to use pre-tax if you expect to be in a lower tax bracket at withdrawal, it is more efficient to use after-tax if you expect to be in a higher tax bracket a...
by whodidntante
Thu Sep 20, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Hubby soon to be laid off
Replies: 74
Views: 7458

Re: Hubby soon to be laid off

You probably have time to open a big HELOC and max that puppy. The uniform mortgage application asks how long you've been employed, but not how long you will be employed.
by whodidntante
Thu Sep 20, 2018 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card spending $20000
Replies: 10
Views: 1750

Re: Credit card spending $20000

You will probably be best served by opening several new cards. BoA Premium, Citi TYP, AmEx Platinum (annual fee unavoidable though), Chase Sapphire Preferred, CapOne Savor, and maybe an airline card or a hotel card with a high spending requirement.
by whodidntante
Thu Sep 20, 2018 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Would Stop Orders with ETFs protect against a downturn?
Replies: 21
Views: 1236

Re: Would Stop Orders with ETFs protect against a downturn?

I do not recommend stop orders and I don't believe they improve risk adjusted returns. If you want a market timing system, I recommend that you start reading about trend following, which has improved risk adjusted return historically. It requires even more discipline than buy-hold-rebalance though, ...
by whodidntante
Thu Sep 20, 2018 6:54 am
Forum: Investing - Help with Personal Investments
Topic: HELOC as a bonds replacement for drawing down from in a downturn?
Replies: 34
Views: 1854

Re: HELOC as a bonds replacement for drawing down from in a downturn?

For a lot of us here, our portfolio overwhelms the amount available through a HELOC. I'm not clear what you are trying to do, however. Are you trying to maintain constant equity exposure?
by whodidntante
Wed Sep 19, 2018 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: anybody use Fidelity CD ladders?
Replies: 4
Views: 799

Re: anybody use Fidelity CD ladders?

peterinjapan wrote:
Wed Sep 19, 2018 8:35 pm
I couldn't stand to see my bonds fall up to 5% a year so I got a CD ladder at Fidelity to provide a backbone to my portfolio. It feels like I did the right thing and Fidelity's system is super easy.
Somehow bond fund losses hurt more than emerging market equity losses of 4x the size.
by whodidntante
Wed Sep 19, 2018 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 130
Views: 7040

Re: Physical Banking - Any benefits anymore?

These days, I use banks when they offer me signficant free money or free things I want like a safe deposit box and MDS. Also, the lollis are superb, and I like that they call me Mr. Whodidntante. I use credit unions because they offered me better deals on a mortgage, HELOC, and auto loans than I cou...
by whodidntante
Wed Sep 19, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 69
Views: 3386

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

Is your "business" going to be more efficient than an average REIT? Does not have to be more efficient in order for me to get a higher profit margin, when I'm the company CEO, CFO, secretary, concierge, etc... Not if your time is valueless. That's time you could be using to defend real estate as an...
by whodidntante
Wed Sep 19, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 69
Views: 3386

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

Real estate is also risky but with the added bonus of upkeep. It seems there is always something to do. Most years it's toilets, faucets, exhaust fans, landscaping, lighting etc. Sometimes it's furnaces, carpet, structural issues, roofs, etc. And you also get to deal with renters, insurance, taxes,...
by whodidntante
Wed Sep 19, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 69
Views: 3386

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

Thesaints wrote:
Wed Sep 19, 2018 5:51 pm
galeno wrote:
Wed Sep 19, 2018 5:41 pm
The easiest way answer your question is to use the SEC Yield for a passive REIT like Schwab's US REIT ETF™ (SCHH) with a SEC Yield = 3.42%.
But that does not include the compensation of all those people running the REIT.
Is your "business" going to be more efficient than an average REIT?
by whodidntante
Wed Sep 19, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 69
Views: 3386

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

Real estate is also risky but with the added bonus of upkeep. It seems there is always something to do. Most years it's toilets, faucets, exhaust fans, landscaping, lighting etc. Sometimes it's furnaces, carpet, structural issues, roofs, etc. And you also get to deal with renters, insurance, taxes, ...
by whodidntante
Wed Sep 19, 2018 7:38 am
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 31
Views: 3082

Re: 401k: Why not only after-tax?

If you are in a high tax bracket today, say 24% fed + state tax, I would invest on a pre-tax basis up the limit of 18,500. I would also max an HSA and do a Roth or backdoor Roth IRA. If you have money left, then invest in an after tax 401k and do a mega backdoor Roth. If your current tax rate is low...
by whodidntante
Tue Sep 18, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Manager - Cancer Diagnosis
Replies: 15
Views: 1716

Re: Manager - Cancer Diagnosis

Treat him like a person. Not a person with cancer. Be willing to talk, but not hungry to talk. Otherwise, work is not much of an escape from him disease.
by whodidntante
Tue Sep 18, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: I see now why Rollovers can take FOREVER ....
Replies: 58
Views: 5399

Re: I see now why Rollovers can take FOREVER ....

Leave it to your heirs to deal with. It will build character.
by whodidntante
Mon Sep 17, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: How can I buy ALIBABA and TENCENT stock?
Replies: 29
Views: 2526

Re: How can I buy ALIBABA and TENCENT stock?

The easiest way is to buy the corresponding ADRs BABA and TCEHY. It is possible to trade on a foreign exchanges though, if that's what you are asking. Probably you need to look at buying H-shares (Hong Kong) due to Chinese capital flow and foreign investment restrictions.
by whodidntante
Mon Sep 17, 2018 9:15 pm
Forum: Investing - Theory, News & General
Topic: Four International ETFs that are better diversifiers than VXUS
Replies: 28
Views: 2170

Re: Four International ETFs that are better diversifiers than VXUS

With a whopping 5.4 million in AUM, ISZE seems to be an interesting hobby for Blackrock.
by whodidntante
Sun Sep 16, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: Selling car to out of state buyer- funds
Replies: 19
Views: 1131

Re: Selling car to out of state buyer- funds

Have you considered asking the buyer to do a wire transfer instead? He/she can call their bank while the two of you are at your bank and initiate the transfer. You can confirm the funds have been received in your account by someone at your bank prior to signing over the title. I have done this befo...
by whodidntante
Sun Sep 16, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Barron's US market analysis
Replies: 6
Views: 420

Re: Barron's US market analysis

Nice paywall.
by whodidntante
Sun Sep 16, 2018 1:28 am
Forum: Personal Consumer Issues
Topic: Humidity in basement
Replies: 38
Views: 3323

Re: Humidity in basement

Pancakes-Eggs-Bacon wrote:
Sun Sep 16, 2018 1:08 am
If anything, someone needs to invent a window dehumidifier that exhausts all the heat outdoors.
That's basically what an air conditioner is.
by whodidntante
Sat Sep 15, 2018 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Need help in choosing small cap value fund
Replies: 12
Views: 778

Re: Need help in choosing small cap value fund

1. Considering reasonable ER, which one should I choose? 2. Which is a better benchmark to follow? S&P600 or Russel 2000. I read somewhere that Russel 2000 has a problem with frontrunning. 3. If there is no good option in the Tax-deferred account, it is a good idea to have vanguard small-cap value ...
by whodidntante
Sat Sep 15, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 53
Views: 4954

Re: Ray Dalio’s latest fearmongering round

One other defense for Ray - he's a student of history and is well known for his analysis of debt cycles (there's a youtube on this, in addition to his recent book). I don't agree that it's non-boglehead to try to study and learn from history, and take that into consideration with your investing. Th...
by whodidntante
Sat Sep 15, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: The twenty dollar rule revisited
Replies: 44
Views: 5045

Re: The twenty dollar rule revisited

I love a good bargain on something I need, and the inside of my home is spartan. But I spend quite a bit on restaurants and on foreign travel because I really enjoy those things. While I don't consider myself a spendthrift, I spend more time increasing my income than controlling my spending.
by whodidntante
Sat Sep 15, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 128
Views: 26545

Re: THE 60/40 SOLUTION by Peter Bernstein

asset_chaos wrote; I have no evidence of where the 60:40 conventional wisdom came from. THE 60/40 SOLUTION by Peter Bernstein Best wishes. Taylor That's a good article, which I've read before, but it doesn't say where 60:40 comes from, just that 60:40 "was so popular in the era before the bull mark...
by whodidntante
Sat Sep 15, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3906

Re: The Boglehead is anti-entrepreneur?

Building a company is a concentrated risk. It sometimes leads to riches but the more likely outcome is languishing or failure. But we working stiffs aren't immune to failure. Something could happen today that obliterates my human capital, and then I would find out how good that employer provided dis...
by whodidntante
Sat Sep 15, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
Replies: 65
Views: 3769

Re: Vanguard is requiring cell phone security codes - problem for international travel

When you enroll, you can choose to use a security code every time you log on to your account or only when Vanguard doesn’t recognize your computer or device. Thanks. But when does my computer cease to be recognized ? If they use the IP address than it won't help. If they use a cookie instead I only...
by whodidntante
Sat Sep 15, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: BofA/Merrill Edge or Chase Sapphire Banking/CPC?
Replies: 43
Views: 4044

Re: BofA/Merrill Edge or Chase Sapphire Banking/CPC?

I know that it has an annual fee, but the Premium Rewards card is such a great card. The annual fee is more than offset by the $100 travel credit, and then the points can be redeemed for anything at full value and not just travel. 2.625% on everything and 3.5% on travel and dining assuming $100k at...
by whodidntante
Sat Sep 15, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 142
Views: 10167

Re: Age in Bonds - Still Recommended?

I would personally feel silly having 40% of my money in fixed income as I'm still needing growth. The real return just isn't there. If high quality bonds had an expected return of 4% real, I would have more fixed income. I doubt I will ever have 40% of my money in fixed income, but we'll see. And I ...
by whodidntante
Fri Sep 14, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off 3.125% 152k mortgage early?
Replies: 37
Views: 3115

Re: Pay off 3.125% 152k mortgage early?

I have exactly the same interest rate and I don't send a dime extra.
by whodidntante
Fri Sep 14, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: Is it safe to use Wechat?
Replies: 10
Views: 501

Re: Is it safe to use Wechat?

I don't know of any country where you be confident communication will not be monitored.
by whodidntante
Fri Sep 14, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund vs EJ
Replies: 16
Views: 993

Re: 3 fund vs EJ

You wouldn't be able to convince me to buy a three fund portfolio either.