Search found 3701 matches

by whodidntante
Sat Aug 18, 2018 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for best exchange rates dollars to pound
Replies: 4
Views: 155

Re: Looking for best exchange rates dollars to pound

I've used transferwise for small amounts. It was cheap and it worked exactly as advertised, but the transfer takes several days. If it's a large amount then I would use interactive brokers to get close to spot rate.
by whodidntante
Sat Aug 18, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: Personal Capital shows FTIPX as containing 16% Cash
Replies: 8
Views: 589

Re: Personal Capital shows FTIPX as containing 16% Cash

Personal Capital tries too hard. FTIPX is not 16% cash by any reasonable definition of cash. I would ignore that data point.
by whodidntante
Sat Aug 18, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Multifactor Fund
Replies: 5
Views: 447

Re: Vanguard Multifactor Fund

What is the date that the holdings for each fund where reported? I don't think they are share classes of the same fund.
by whodidntante
Sat Aug 18, 2018 1:54 pm
Forum: Personal Consumer Issues
Topic: Where to sell Google Play credit?
Replies: 4
Views: 354

Re: Where to sell Google Play credit?

I use it for books and movie rentals.
by whodidntante
Sat Aug 18, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: S&P CIT for 1 basis point, or Total Market for 1.5 basis points?
Replies: 4
Views: 212

Re: S&P CIT for 1 basis point, or Total Market for 1.5 basis points?

I'd like your thoughts on my options. I'm leaning towards the second one (S&P 500->FSTVX, keeping DFA.) I think that's fine. I have basically the same choice to make within my 401k. There is no total market fund, but I do have a low cost S&P 500 fund and a low cost completion index, so I could roll...
by whodidntante
Sat Aug 18, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to raise cash to pay living expenses in near term (nine months)?
Replies: 22
Views: 919

Re: How to raise cash to pay living expenses in near term (nine months)?

Open a no closing cost, low/no-fee HELOC as a backstop in case you need liquidity. However, don't use it unless you can get a fantastic promo rate. Transfer a couple hundred grand in taxable securities to Interactive Brokers, and apply for portfolio margin. Withdraw cash as needed from the margin ac...
by whodidntante
Sat Aug 18, 2018 5:01 am
Forum: Investing - Help with Personal Investments
Topic: Small cap tilt - value vs. growth
Replies: 25
Views: 1573

Re: Small cap tilt - value vs. growth

Growth (aka expensive) tends to lag value over a long period of time. This phenomenon is called the value premium. However, the S&P 600 growth index doesn't have the lottery ticket stocks that some financial writers correctly tell you to avoid. But I would still expect it to lag SCV over a lifetime ...
by whodidntante
Sat Aug 18, 2018 4:53 am
Forum: Personal Finance (Not Investing)
Topic: What is the difference between minimum payment and statement balance for 0 APR card
Replies: 9
Views: 654

Re: What is the difference between minimum payment and statement balance for 0 APR card

Sometimes if you don't pay off before the 0% ends, you owe interest retroactively. So at least pay enough to make sure it's paid off before the 0% ends. Give yourself some room for error. If it's 0% for 12 months, pay it off in 10 months. I have done 0% promotional deals on several cards and none h...
by whodidntante
Sat Aug 18, 2018 4:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard Momentum ETF (VMOM). Any thoughts on it? [UK investor]
Replies: 26
Views: 1020

Re: Vanguard Momentum ETF (VMOM). Any thoughts on it? [UK investor]

There is solid support for both value and momentum factors and they work even better when combined in a single fund because a value stock will often have negative momentum. As to why one fund has more assets than the other, no idea. That doesn't mean momentum is broken though. I would suggest readin...
by whodidntante
Fri Aug 17, 2018 6:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard REIT fund changes objective, name & index
Replies: 20
Views: 3712

Re: Vanguard REIT fund changes objective, name & index

Wanna change my clothes, my hair, my face!
by whodidntante
Fri Aug 17, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Prime mm—> settlement fund for same day trade
Replies: 8
Views: 476

Re: Prime mm—> settlement fund for same day trade

Use margin. You won't owe interest unless you haven't funded the trade overnight on the settlement date.
by whodidntante
Thu Aug 16, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: Sign - Speed checked by Radar
Replies: 41
Views: 2626

Re: Sign - Speed checked by Radar

If you are in Iowa and you see "traffic laws photo enforced" slow down to 9 mph over and you'll be fine. Everywhere you see this in Iowa, there is a speed camera close by that will send you a ticket in the mail. The good thing is that there are only a handful in the state. As far as radar detectors...
by whodidntante
Wed Aug 15, 2018 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Terminating an employee with company car
Replies: 62
Views: 5648

Re: Terminating an employee with company car

tim1999 wrote:
Wed Aug 15, 2018 10:46 pm
When my megacorp does this, they have a black car service drive the employee home from the office.
Now that's a classy sacking!
by whodidntante
Wed Aug 15, 2018 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: 401k contribution rate: HCE
Replies: 1
Views: 221

Re: 401k contribution rate: HCE

I would max it. If the potential loss bothers you, put $4,500 in a stable value fund and the sell it when they refund money to you.
by whodidntante
Wed Aug 15, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 57
Views: 4054

Re: Bullish/bearish on GE? Make your case here - new lows today

mxs wrote:
Wed Aug 15, 2018 12:23 pm
Ford at the bottom in 2008 was a better bet that made more sense. I knew it at the time but didn't pull the trigger.
20/20, that hindsight. Ford should have gone bankrupt in my opinion. The reason they didn't is the Ford family wanted to retain control of the company.
by whodidntante
Wed Aug 15, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 107
Views: 5206

Re: Take auto loan 0.9% if I can afford cash?

I would. The loan itself is a good investment because inflation is likely to be higher.
by whodidntante
Tue Aug 14, 2018 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: I would like to add a SCV tilt in International. What's the best ETF with low E.R.?
Replies: 10
Views: 808

Re: I would like to add a SCV tilt in International. What's the best ETF with low E.R.?

I suggest going multifactor with ISCF rather than FNDC. Or IVLU iShares Edge MSCI Intl Value Factor ETF paired with VSS.
by whodidntante
Tue Aug 14, 2018 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Credi card balance transfer offer
Replies: 10
Views: 799

Re: Credi card balance transfer offer

The spread used to be juicier, 0% with no fee, and you could safely earn 5%. Good times. Today the margins are slimmer. I churn credit cards, and quite often the ones that have a good bonus also happen to have a 0% purchase APR period for 6 months to 15 months. So I just send minimum payments until ...
by whodidntante
Tue Aug 14, 2018 10:32 pm
Forum: Personal Consumer Issues
Topic: Adult piggy bank
Replies: 54
Views: 4213

Re: Adult piggy bank

I seldom use cash now, but when I did, I hated coins. I had one of those large plastic cylinders that people store flour and sugar and whatnot in. When the structural integrity got to be an issue, I would take it to the bank. Every time I went to the bank with that thing, I would have several hundre...
by whodidntante
Tue Aug 14, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Brokerage checking: Fidelity, Schwab, or Vanguard
Replies: 36
Views: 3030

Re: Brokerage checking: Fidelity, Schwab, or Vanguard

I have both Fidelity CMA and Schwab Investor Checking in my account buffet. Fidelity's offering is better. Fidelity has a loose definition of core account, so I can earn 1.83% on my money and the debits will automatically liquidate a MMF. The only advantages for Schwab that I have found is they are ...
by whodidntante
Tue Aug 14, 2018 7:27 pm
Forum: Personal Consumer Issues
Topic: Changing Car Cabin Air Filter - after how much time
Replies: 67
Views: 5809

Re: Changing Car Cabin Air Filter - after how much time

itstoomuch wrote:
Thu Jun 01, 2017 12:26 pm
Anyone tried the activated charcoal filters?
Yes, I have. It made absolutely no difference.
by whodidntante
Tue Aug 14, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 7078

Re: Retire in Florida or Alabama?

Mississippi is worse. So at least it's not the worst.
by whodidntante
Tue Aug 14, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: More cash instead of bonds
Replies: 15
Views: 1789

Re: More cash instead of bonds

I have shortened duration by allocating half to a stable value fund.
by whodidntante
Tue Aug 14, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 531
Views: 30539

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

These discussions go round and round and no one seems convinceable (is that a word?).
by whodidntante
Mon Aug 13, 2018 8:03 pm
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 67
Views: 9614

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

AlphaLess wrote:
Sun Aug 12, 2018 7:30 pm
I look forward to a 10%, 20%, even a 30% drop in SP500.
Did you hear the one about the stock market that went down 90%? First it went down 80%, and then it got cut in half.
by whodidntante
Mon Aug 13, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can the greedy 'Private Bank' make any money off my index funds?
Replies: 21
Views: 2090

Re: Can the greedy 'Private Bank' make any money off my index funds?

A lot of funds have revenue sharing/marketing programs whereby the broker gets a piece. Even some low cost index funds do this. And they can make money off your trades. But I think you can sleep well, knowing that you are taking advantage of free services and not giving much in return. Playing with ...
by whodidntante
Mon Aug 13, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Is the price of a new car a good proxy for the expense of owning it?
Replies: 38
Views: 2239

Re: Is the price of a new car a good proxy for the expense of owning it?

Thanks. Could this mean that the endless discussions about car brands are largely based on irrational brand loyalty, recency bias, selection bias, and confirmation bias?
by whodidntante
Sun Aug 12, 2018 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: VMMXX vs I-Bonds vs High Yield saving account vs ... ?
Replies: 25
Views: 2657

Re: VMMXX vs I-Bonds vs High Yield saving account vs ... ?

Ok I will give a try to the T-Bills! I'm planning to use a bond ladder. So if I understood correctly: if I want to invest 30K, I can buy 10K maturing in 3 months, 10K maturing in 6 months and 10K maturing in 1 year. Is it the right way to do it? I was reading this article: https://www.kiplinger.com...
by whodidntante
Sun Aug 12, 2018 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: VMMXX vs I-Bonds vs High Yield saving account vs ... ?
Replies: 25
Views: 2657

Re: VMMXX vs I-Bonds vs High Yield saving account vs ... ?

Ok I will give a try to the T-Bills! I'm planning to use a bond ladder. So if I understood correctly: if I want to invest 30K, I can buy 10K maturing in 3 months, 10K maturing in 6 months and 10K maturing in 1 year. Is it the right way to do it? I was reading this article: https://www.kiplinger.com...
by whodidntante
Sun Aug 12, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 6937

Re: Private Banking is a trap. Don't do it!

rooms222 wrote:
Sun Aug 12, 2018 3:34 pm
Don´t forget your Chase Private Banking Arts and Culture Card. https://www.asksebby.com/blog/chase-pri ... quirements
I find it interesting that the more money I have the less I have to pay for, and the more money corporations are willing to give me.
by whodidntante
Sun Aug 12, 2018 5:04 pm
Forum: Investing - Theory, News & General
Topic: Massive small cap tilt with low equity AA - anybody do this?
Replies: 30
Views: 2193

Re: Massive small cap tilt with low equity AA - anybody do this?

Random Walker wrote:
Sun Aug 12, 2018 3:10 pm
Also, take a look at Larry’s Your Complete Guide to Factor Based Investing.
I agree this is a good book on the subject. It's readable even for those without a finance background. Well, I think so at least. I have a finance background so maybe I can't judge that. LOL
by whodidntante
Sun Aug 12, 2018 4:55 pm
Forum: Investing - Theory, News & General
Topic: Offering 401k Advice to my coworkers?
Replies: 36
Views: 3204

Re: Offering 401k Advice to my coworkers?

I sometimes talk about what I do or about investing in general. I might make a statement like "costs matter" or "I usually pick funds with low expenses" to plant a seed. I'm really not interested in offering someone specific advice, even if I believe they are far wrong. And while the Vanguard target...
by whodidntante
Sun Aug 12, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Experian email alert! "Your score decreased"
Replies: 37
Views: 3198

Re: Experian email alert! "Your score decreased"

Three points could be explained by having slightly higher utilization on a tradeline. So that alone is nothing to worry about. But it would be prudent to have a decent credit monitoring service that will show you what did change. This is not something you will need to pay for.
by whodidntante
Sun Aug 12, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: 401K loan vs taxable vs Roth IRA
Replies: 10
Views: 524

Re: 401K loan vs taxable vs Roth IRA

As long as your plan isn't one of those the suspends contributions while you have a loan, then it's really a no-brainer to me. Consider the loan to be fixed-income and rebalance the remainder to account for that. I haven't heard of a plan suspending contributions following a loan before. I have hea...
by whodidntante
Sun Aug 12, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: 401K loan vs taxable vs Roth IRA
Replies: 10
Views: 524

Re: 401K loan vs taxable vs Roth IRA

Of the options you listed, I like the 401k loan best.
by whodidntante
Sun Aug 12, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 6083

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I recommend you this book: https://www.amazon.com/Options-Futures-Other-Derivatives-10th/dp/013447208X/ref=dp_ob_title_bk I realize your post was not directed at me, but I have an MBA, and I've never read a book that is exclusively about derivatives. So I feel my knowledge on the subject is too cas...
by whodidntante
Sun Aug 12, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: How do billionaires reduce taxes?
Replies: 7
Views: 1118

Re: How do billionaires reduce taxes?

"It depends" but a lot of billionaires are principals in one or more businesses. So they have a lot of their wealth tied up in private equity or other corporate stock. Sometimes liquidating that is a really big deal and has unacceptable trade offs like losing control of the company or causing the st...
by whodidntante
Sun Aug 12, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 6196

Re: Paper checks yes or no?

Here are some check avoidance strategies I've used. Maybe someone will find it helpful. I use Plastiq to pay most of my "we demand a check" bills like doctors, my mortgage, and my car payment. They often have a promo like the current 0% Masterpass promo, and even if they don't, I currently have thre...
by whodidntante
Sun Aug 12, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 6196

Re: Paper checks yes or no?

Sadly, we don't have a robust alternative. I lived for four years in a country where checks didn't exist. I never missed them. The problem is that the US banking system is archaic so we still need to scribble on little pieces of paper and pass them around in some cases. What is laughable is that th...
by whodidntante
Sun Aug 12, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Which is better? [Vanguard Total Stock Market (VTI) or Total World (VT)?]
Replies: 29
Views: 2375

Re: Which is better? [Vanguard Total Stock Market (VTI) or Total World (VT)?]

Consider improving your question. You're going to get people telling you which fund they prefer.
by whodidntante
Sun Aug 12, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 67
Views: 9614

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

Something about a long running bull market stokes hubris. This advice from the article seems reasonable to me. Doing a serious gut check and realistically assessing how you will behave if a major downturn occurs can prevent a lot of pain later. “You don’t want to find out that you don’t have enough ...
by whodidntante
Sun Aug 12, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Wacky Magellan stock prices
Replies: 5
Views: 571

Re: Wacky Magellan stock prices

Magellan investors may find they have 10x the number of shares now.
by whodidntante
Sun Aug 12, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: VMMXX vs I-Bonds vs High Yield saving account vs ... ?
Replies: 25
Views: 2657

Re: VMMXX vs I-Bonds vs High Yield saving account vs ... ?

I've been getting about 1.7% on 4-week T-Bills purchased through Treasury Direct auctions. Why did you choose T-Bills instead of a regular saving account at 1.85% for example? And you didn't know the rate before the auction, am I correct? You know the estimate of the rate before the auction, which ...
by whodidntante
Sun Aug 12, 2018 11:33 am
Forum: Investing - Help with Personal Investments
Topic: VMMXX vs I-Bonds vs High Yield saving account vs ... ?
Replies: 25
Views: 2657

Re: VMMXX vs I-Bonds vs High Yield saving account vs ... ?

If it's truly an "emergency fund" then you would expect not to tap it often, if at all. You are in California and if you have a nice income then your state marginal rate is high. T-bills are state tax exempt, so I would go for T-bills, taking a little term risk to buy the 52 week T-bill. Buy and rol...
by whodidntante
Sun Aug 12, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Don’t Go “Mad Money”
Replies: 22
Views: 3153

Re: Larry Swedroe:Don’t Go “Mad Money”

He is a talented entertainer. There are not many people who can make the stock market exciting to the masses. Does anyone have insight on what his old hedge fund actually did, and how it performed? This article (ok, more of a blurb) doesn't exactly paint him as a genius stock picker. https://www.bus...
by whodidntante
Sun Aug 12, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 8942

Re: Biggest Threats to Financial Well-Being

Being overly generous with gifts to relatives and “charities.” I know a couple who have tapped into their retirement accounts to help relatives through “rough times,” only to find themselves in dire straits during downturns and times of unemployment, etc. This couple is overly kind, but can no long...
by whodidntante
Sat Aug 11, 2018 8:28 pm
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 67
Views: 9614

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

I think it's entirely reasonable to consider expected returns when doing financial planning. I'm not sure why so many posters here dismiss forecasts out of hand. The message is not that you should overreact and sell everything.
by whodidntante
Sat Aug 11, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 6083

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

When the fund is holding treasury note or tbill futures? Is it getting interest payments on the futures that it owns? Would not getting interest payment hurt returns. Treasury futures act something like a zero coupon bond. The dividends from the underlying asset are baked into the future value. So ...
by whodidntante
Sat Aug 11, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9762

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

And increasingly, if the U.S. takes a dive, so does international. Seemingly all of the downside without the upside. It doesn't take much looking to find periods of significant cross sectional outperformance for foreign stocks. There are a lot of moving parts in the global economy and I would be su...
by whodidntante
Sat Aug 11, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: Mutual Funds vs. ETF's
Replies: 23
Views: 1303

Re: Mutual Funds vs. ETF's

ETFs have advantages for buy and hold investors. - ETFs can shed appreciated shares when authorized participants redeem. For some cases this means greater tax efficiency for the investor. - ETFs do not need to trade internally in order to raise cash to meet redemptions, and they can usually avoid tr...