Search found 3687 matches

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: 30
Views: 1551

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: 52
Views: 2123

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: 772

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: 9
Views: 575

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: 44
Views: 2865

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: 23
Views: 1831

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: 5617

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: 72
Views: 4744

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: 1735

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: 267
Views: 15962

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: 9418

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: 2045

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: 2155

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: 2614

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: 2614

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: 6849

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: 8
Views: 866

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: 3033

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: 26
Views: 2345

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: 506

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: 506

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: 5963

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: 1104

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: 115
Views: 5879

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: 115
Views: 5879

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: 2339

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: 9418

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: 558

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: 2614

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: 2614

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: 3088

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: 8859

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: 9418

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: 5963

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: 9673

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: 22
Views: 1141

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...
by whodidntante
Sat Aug 11, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 115
Views: 5879

Re: Paper checks yes or no?

I accept paper checks if they are free, because sometimes you have to give money to the elderly or to the government. But I have never paid for checks. I pay about $250/year now for my "free" checks and "free" safe deposit box. I need to work on that. That wasn't the case when interest rates were m...
by whodidntante
Sat Aug 11, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA max salary
Replies: 14
Views: 2162

Re: Roth IRA max salary

Flyer24 answered your question. My suggestion is that if you are flirting with the Roth income limits, do a backdoor Roth. Also since your marginal tax rate is not low, you probably want to prioritize a pre-tax 401k and an HSA over a Roth IRA, assuming you can't max all three. I spent a day doing Mo...
by whodidntante
Fri Aug 10, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 115
Views: 5879

Re: Paper checks yes or no?

I accept paper checks if they are free, because sometimes you have to give money to the elderly or to the government. But I have never paid for checks.
by whodidntante
Fri Aug 10, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5963

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

Historically since 1930, a portfolio like this would have theoretically had returns about 24% higher than a 100/0 portfolio with 8% less annual volatility. So I think it is interesting in principle. Out of curiosity: link? Here's a link to a backtest in PortfolioVisualizer (with the caveat the quic...
by whodidntante
Fri Aug 10, 2018 7:09 am
Forum: Personal Finance (Not Investing)
Topic: 1024.99 for a book. Why?
Replies: 21
Views: 3262

Re: 1024.99 for a book. Why?

Maybe it's cheaper than a credit card cash advance + Western Union international wire fees. Credit card fraud is also a possibility. And if you hang around churning circles, you learn that banks that serve areas were money laundering is common are hypersensitive to legit transactions that give off a...
by whodidntante
Thu Aug 09, 2018 10:00 pm
Forum: Forum Issues and Administration
Topic: Private Messages stuck?
Replies: 8
Views: 413

Re: Private Messages stuck?

It means the recipient is ignoring you, LOL.
by whodidntante
Thu Aug 09, 2018 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Diversification with cash held in vanguard money market
Replies: 23
Views: 2475

Re: Diversification with cash held in vanguard money market

A MMF has little to no term risk and invests only in the highest quality instruments like commercial paper or T-bills. So it's unlikely to lose money, but you probably won't make much either. A bond fund like VBTLX has some term risk and some credit risk. There are different schools of thought about...
by whodidntante
Thu Aug 09, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5963

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

Is the real expense ratio (loss relative to index) 0.2%, including borrowing costs, or are there additional hidden costs? Like all other funds the ER does not include trading or borrowing costs nor lending income. Maybe a quibble, but the fund doesn't actually borrow money. It gains leverage throug...
by whodidntante
Thu Aug 09, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 8859

Re: Biggest Threats to Financial Well-Being

Having no marketable skills.
Having children when you have no marketable skills.
A series of life choices that make you dependent on the kindness and liquidity of others.
I see real human tragedy at casinos. It gets much worse than elderly people flushing their social security checks.
by whodidntante
Wed Aug 08, 2018 11:56 pm
Forum: Investing - Theory, News & General
Topic: If it were March, 2000, would you still allocate 50% to Stocks?
Replies: 94
Views: 4234

Re: If it were March, 2000, would you still allocate 50% to Stocks?

I think it's reasonable to consider expected returns when accumulating or when eating your portfolio. But things can stay out of whack for deeper and longer than most people expect, so trading on a feeling that things are expensive might not go well. The deck can make anyone look stupid. If I wanted...
by whodidntante
Wed Aug 08, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5963

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

I don't see the mystery. Here's my hack explanation for what the fund is doing. It would be better if I were twelve. It owns 90% large cap stocks. It has 10% invested in cash. It has 60% notional exposure in a mix of 2, 5, 10, and 30-year Treasury futures contracts. This is the source of the levera...
by whodidntante
Wed Aug 08, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5963

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

I don't see the mystery. Here's my hack explanation for what the fund is doing. It would be better if I were twelve. It owns 90% large cap stocks. It has 10% invested in cash. It has 60% notional exposure in a mix of 2, 5, 10, and 30-year Treasury futures contracts. This is the source of the leverag...
by whodidntante
Wed Aug 08, 2018 7:10 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5963

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

I seriously don't understand what this fund actually does... but then since I'm not going to invest in it I don't need to. They talk about 1.5x "Accounting leverage" while stating that "This strategy does not borrow to enhance investment returns." Although it says it does not borrow, it also says "...
by whodidntante
Wed Aug 08, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 114
Views: 5963

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

Interesting. It's good that they used futures instead of swaps, because swaps typically represent a hidden fee. Treasury futures are potentially advantageous compared to direct ownership of treasuries from a tax point of view, due the 60/40 long/short term capital gains treatment. I wonder how this ...