Search found 3305 matches

by whodidntante
Wed May 23, 2018 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 36
Views: 4793

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

I can connect Treasury Direct to Personal Capital, in fact I do.
by whodidntante
Wed May 23, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on Market Timing Discussion Thread
Replies: 10
Views: 1365

Re: Paul Merriman on Market Timing Discussion Thread

What about a strategy somewhat between buy and hold and trend following market timing? I found that what I mostly do is dollar cost averaging. But in a bear market when market is down 10% or more, I might reduce my monthly contribution slightly. Then I start to build up a sizable cash buffer that I...
by whodidntante
Wed May 23, 2018 8:46 pm
Forum: Investing - Theory, News & General
Topic: Why do "traditional slice-and-dice" portfolios split 50/50 between value and blend?
Replies: 13
Views: 868

Re: Why do "traditional slice-and-dice" portfolios split 50/50 between value and blend?

I'm not a mind reader, but I can guess as well as anyone. It's because they are all asset classes worth owning, and we don't know which ones will perform best over our lifetime. Also maybe some MPT mumbo-jumbo.
by whodidntante
Wed May 23, 2018 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with debt strategy
Replies: 45
Views: 1986

Re: Need help with debt strategy

Don't withdraw from the Roth. Just don't. You'll be better off. Your situation is easily manageable if you keep your expenses low. The credit card debt will die well. The student loans could also be gone in a year or so if you prioritize it as the main expense in your life, but I would not because t...
by whodidntante
Wed May 23, 2018 7:13 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on Market Timing Discussion Thread
Replies: 10
Views: 1365

Re: Paul Merriman on Market Timing Discussion Thread

I have not listened yet, but elsewhere Merriman reports his old firm manages the mechanical timing system for him. He has said it's not a good choice for everyone because there are long periods when it has you out when the party is still going strong and everyone else is raking it in - lots of fals...
by whodidntante
Wed May 23, 2018 5:46 pm
Forum: Personal Consumer Issues
Topic: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick
Replies: 35
Views: 2157

Re: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick

If it really bothers you, you can get some body panels for basically nothing and install them in your driveway. I recommend a sweet spray primer finish that says "I'm comfortable with my hooptie." Also age is pretty horrible to cars, so it will rate to have more problems than a newer car of similar ...
by whodidntante
Wed May 23, 2018 6:09 am
Forum: Investing - Help with Personal Investments
Topic: Indexing [investor in Emerging Market country]
Replies: 5
Views: 423

Re: Emerging Market Indexing

Mutual funds and ETFs get liquidated fairly often, usually because they couldn't attract a critical mass of investment. Also sometimes funds are merged into other funds. It's not likely that an ETF will trade at a 3% discount for 30 days. That would be a good risk free money maker for authorized par...
by whodidntante
Wed May 23, 2018 5:58 am
Forum: Investing - Help with Personal Investments
Topic: If you suddenly became a millionaire [exceed FDIC insurance limit]
Replies: 16
Views: 2392

Re: If you suddenly became a millionaire [exceed FDIC insurance limit]

I think it would be a gigantic mistake to keep a million dollars in an FDIC insured account beyond a reasonable amount of CDs as part of your fixed income asset allocation.
by whodidntante
Wed May 23, 2018 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Jobs after college and before graduate/medical school -- Are employers okay with you trying different jobs?
Replies: 9
Views: 887

Re: Jobs after college and before graduate/medical school -- Are employers okay with you trying different jobs?

I would be concerned if an applicant seemed to take the easiest jobs to land or was driven by superficial concerns with no clear strategy. That is not what you would be doing.
by whodidntante
Wed May 23, 2018 5:37 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman on Market Timing Discussion Thread
Replies: 10
Views: 1365

Re: Paul Merriman on Market Timing Discussion Thread

I listened to the podcast and I found Mr. Merriman's views reasonable and well-informed. He freely admits that most of the market timing methods people use do not work, clearly so when the action is driven by emotion. He talked about the folks who sold in 2008 and are still looking for a way to get ...
by whodidntante
Tue May 22, 2018 11:12 pm
Forum: Personal Consumer Issues
Topic: Old Hot Water Heater
Replies: 20
Views: 1166

Re: Old Hot Water Heater

My water heater (why do people add the word "hot" to that LOL) is more than 20 years old. It's in my unfinished basement near a floor drain and looks OK, so I haven't replaced it. I drain it and test the valve that keeps it from being a rocket or a bomb. My prior house had a water heater of similar ...
by whodidntante
Tue May 22, 2018 8:49 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman on Market Timing Discussion Thread
Replies: 10
Views: 1365

Paul Merriman on Market Timing Discussion Thread

Available on your favorite podcast app, and on his website. I look forward to the discussion. Surely we will all agree. :happy

https://paulmerriman.com/wp-content/upl ... -23-18.mp3
by whodidntante
Tue May 22, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: US T bills - first time user
Replies: 44
Views: 2816

Re: US T bills - first time user

Buy new issues if you can to avoid the spread. Some brokers charge some customers a fee, so check first. Or you can use treasury direct. OP uses Schwab (I recognize the screengrab) which has no commissions and no markups on T-bills. What you wrote is true, but there is still potential for Schwab to...
by whodidntante
Tue May 22, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: will the SP500 double in 7 years?
Replies: 101
Views: 11231

Re: will the SP500 double in 7 years?

willthrill81 wrote:
Tue May 22, 2018 6:13 pm
whodidntante wrote:
Tue May 22, 2018 5:48 pm
The real question is, will the S&P 500 double in 7 years?
From now?

My crystal ball is in the shop, and they don't return my calls. :(
If you repaired a crystal ball, would you give it back? :twisted:
by whodidntante
Tue May 22, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: will the SP500 double in 7 years?
Replies: 101
Views: 11231

Re: will the SP500 double in 7 years?

The real question is, will the S&P 500 double in 7 years?
by whodidntante
Mon May 21, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8022

Re: Dave Ramsey it or keep low interest debt

In my opinion, a person with an annual income north of $100k should never owe money on an automobile. If you can't write a check for it, then you can't afford to buy it. Mortgage debt is the only acceptable debt for me. It's useful to separate being able to "afford" something versus the decision to...
by whodidntante
Mon May 21, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: 20 vs 30 years mortgage
Replies: 4
Views: 556

Re: 20 vs 30 years mortgage

A lot of times the outcome of a mortgage is that you'll refi or sell in 7 years or so. So I would go for the lower rate, and I would not pay points. I personally like to get a 15 year mortgage for an even lower rate, but then I don't prepay principal at all. I think 15 years is plenty fast to pay of...
by whodidntante
Mon May 21, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Do bonds make sense if you are more than 10 years from retirement?
Replies: 11
Views: 1309

Re: Do bonds make sense if you are more than 10 years from retirement?

One reason it might make sense is going to the well a bit early than planned. A lot of folks have long bouts of unemployment. Even if you are really, really awesome and everyone agrees and wants to hire you, you might get too sick to work.
by whodidntante
Mon May 21, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: Blackrock lowered fees for ESG index ETFs
Replies: 3
Views: 399

Re: Blackrock lowered fees for ESG index ETFs

That's good. Any news on their EVIL ETFs? :twisted:
by whodidntante
Mon May 21, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 61
Views: 8400

Re: Chase Savings Account emptied out!

unclescrooge wrote:
Mon May 21, 2018 2:24 pm
It's a savings account and I've never disclosed this information to anyone. How could they have gotten it?
Dumpster diving, stolen mail, hacking, phishing, social engineering, luck, or an inside job.
by whodidntante
Mon May 21, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 61
Views: 8400

Re: Chase Savings Account emptied out!

I don't understand why banks don't send you an email that says "Please log in to confirm/deny new electronic transfer" when an ACH request comes in from a new source. Because the financial world would come to a stop. Literally tens if not hundreds of millions of transactions every day. Cheers I thi...
by whodidntante
Sun May 20, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: Roll your own index fund current viability
Replies: 22
Views: 1398

Re: Roll your own index fund current viability

We peons can access securities lending at several brokers now. IB, Schwab, E*trade, and others offer it. You could accumulate your positions at a no commission broker and then transfer shares over if you like. I remember one poster here was doing his/her own emerging markets factor fund here. You co...
by whodidntante
Sun May 20, 2018 9:35 pm
Forum: Investing - Theory, News & General
Topic: Does your value fund own the wrong value stocks?
Replies: 25
Views: 2666

Re: Does your value fund own the wrong value stocks?

Due to limited options in my 401k, I have a large position in DFFVX US Targeted Value Portfolio. DFA believes that price to book is a useful definition of value, but when we read the prospectus we find that: The Advisor may adjust the representation in the U.S. Targeted Value Portfolio of an eligibl...
by whodidntante
Sun May 20, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 96
Views: 9783

Re: done with Gmail

I have to guess what you mean because it was not very clear. But I find that using labels and periodically nuking everything with certain labels keeps my inbox manageable.
by whodidntante
Sat May 19, 2018 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investments that are unique *and* sensible?
Replies: 12
Views: 1315

Re: Investments that are unique *and* sensible?

TSP G fund, TIAA traditional. Also several alternatives funds, but I don't want to argue about whether those are sensible for 120 posts. :twisted:
by whodidntante
Sat May 19, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: SWPPX vs Vanguard Institutional 500 Index TRUST
Replies: 6
Views: 442

Re: SWPPX vs Vanguard Institutional 500 Index TRUST

BaylorBears wrote:
Sat May 19, 2018 2:54 pm
My employer recently swapped our 401k VIIIX which pays a dividend for "Vanguard Institutional 500 Index TRUST" which DOES NOT pay a dividend.

Personally, I prefer to receive a dividend and know it doesn't necessarily matter
It doesn't matter at all.
by whodidntante
Sat May 19, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Finance a $28,000 house for Brother?
Replies: 73
Views: 5127

Re: Finance a $28,000 house for Brother?

Usually people who are not able to get a mortgage rent an apartment.
by whodidntante
Sat May 19, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Insurance or Betterment
Replies: 3
Views: 330

Re: Insurance or Betterment

I wouldn't do either of those. It's really easy to tax loss harvest, and not worth paying an ongoing fee for. Equity index ETFs are really tax efficient since you get qualified dividends and foreign tax credit, and you'll be able to defer any capital gains until you need the money. You can also sell...
by whodidntante
Sat May 19, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA + MMF vs. online credit union
Replies: 22
Views: 1223

Re: Fidelity CMA + MMF vs. online credit union

Does option 2 get really cumbersome during tax time to figure out all the cost basis with all the buys and sells? They'll send a consolidated 1099 like Vanguard does so you only report one number, but if you're concerned you can minimize it by using the "maintain minimum balance" option in the cash...
by whodidntante
Sat May 19, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA + MMF vs. online credit union
Replies: 22
Views: 1223

Re: Fidelity CMA + MMF vs. online credit union

arf30 wrote:
Thu May 17, 2018 12:10 pm
1-2 days, but I've read conflicting reports on this forum, I think it might vary by the source bank.
3-4 business days for me. I pull from multiple banks. Maybe I make Fidelity nervous? :P
by whodidntante
Sat May 19, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 76
Views: 9452

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

Bonds are a terrible investment compared to stocks is his point. It's an expected return argument and he's right about that. Many bogleheads own bonds but I don't see anyone arguing that bonds have higher expected returns than stocks right now.
by whodidntante
Sat May 19, 2018 1:12 am
Forum: Investing - Theory, News & General
Topic: Should I invest in a hedge fund?
Replies: 3
Views: 888

Re: Should I invest in a hedge fund?

The frequent comparisons to the S&P 500 are nonsense to me. The problem with hedge funds is they do not hedge enough, or do anything useful in a portfolio to justify their (usually) high fees. AQR has products that some will find to be worth the cost, and you can buy some of their funds for a modest...
by whodidntante
Fri May 18, 2018 11:06 pm
Forum: Investing - Theory, News & General
Topic: Bond Yields and Federal Funds Rate
Replies: 30
Views: 2433

Re: Bond Yields and Federal Funds Rate

Useful analysis as always.
by whodidntante
Fri May 18, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Home Loan from Parents
Replies: 24
Views: 2008

Re: Home Loan from Parents

If it's truly an equitable deal then it might be OK and might not end in resentment. I would pay a full market interest rate that you would almost certainly get from a lender who would actually loan you the money if you applied. Do they want to own a 15 year secured note at 4% (or whatever)? If not,...
by whodidntante
Fri May 18, 2018 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8022

Re: Dave Ramsey it or keep low interest debt

I would keep the low interest debt, and lose the Dave Ramsey.
by whodidntante
Fri May 18, 2018 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Cash instead of bonds for 3-fund
Replies: 22
Views: 2009

Re: Cash instead of bonds for 3-fund

My stable value fund allocation has covered most of my losses in TBM, at least on a nominal basis.
by whodidntante
Fri May 18, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Long term investment in grains/wheat
Replies: 22
Views: 1315

Re: Long term investment in grains/wheat

You can get direct exposure by buying and rolling a futures contract. There isn't anything you can buy and hold for 15 years that provides direct exposure.
by whodidntante
Thu May 17, 2018 9:49 pm
Forum: Personal Consumer Issues
Topic: New motorcycle rider
Replies: 106
Views: 4313

Re: New motorcycle rider

https://s31.postimg.cc/rtu36jdgr/dangerdoom.jpg It's an interesting phenomenon that older people tend to perceive the world as much more dangerous than in the past. But in many cases, it's just not true. If you'd like to bowl for confirmation bias, here's the source I used. http://www.iihs.org/iihs...
by whodidntante
Thu May 17, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Confusion on my Expense Ratio
Replies: 2
Views: 268

Re: Confusion on my Expense Ratio

You have to get fee information specific to your plan. Some people pay a lot for vanguard index funds. The information you find on Morningstar is irrelevant. There may be quarterly fees and service fees in addition to the ERs.
by whodidntante
Thu May 17, 2018 6:33 pm
Forum: Personal Consumer Issues
Topic: New motorcycle rider
Replies: 106
Views: 4313

Re: New motorcycle rider

I started riding at 50. All the above post have good advice. When I was considering to start riding a law officer who had seen plenty of accidents tried to talk me out of it. She only supported me when I told her I would only do group rides. The increased visibility of being in a group of motorcycl...
by whodidntante
Thu May 17, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: New motorcycle rider
Replies: 106
Views: 4313

Re: New motorcycle rider

Sorry I was away for a while. I was busy commuting on my motorcycle in an urban environment with distracted drivers. Before letting all the nervous Nellies talk you out of your motorcycle, consider that this is a website where 20 year olds are told they need bonds. Risk aversion is rampant here. Be...
by whodidntante
Wed May 16, 2018 10:49 pm
Forum: Personal Consumer Issues
Topic: any disadvantages to using Delta Skymiles for fare?
Replies: 24
Views: 1847

Re: any disadvantages to using Delta Skymiles for fare?

Anyway, any downsides? I'm not sure how it would work with an international flight if you got bumped with a ticket that you bought with miles but that might be different. Unless you have something else that you might use the miles on in the near future I would tend to use them sooner rather than la...
by whodidntante
Wed May 16, 2018 10:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Value Premium Lives!
Replies: 39
Views: 2828

Re: Factor investing with one fund.

Taylor Larimore wrote:
Wed May 16, 2018 9:57 pm
Total Stock Market Index Fund includes all U.S. stock factors in one fund.
Thanks for your contribution to my value factor disinformation campaign. :twisted:
by whodidntante
Wed May 16, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage decision killing me
Replies: 52
Views: 6556

Re: Mortgage decision killing me

I'm curious why the 15 year and 30 year notes are so close in rate.
by whodidntante
Wed May 16, 2018 8:48 pm
Forum: Personal Consumer Issues
Topic: any disadvantages to using Delta Skymiles for fare?
Replies: 24
Views: 1847

Re: any disadvantages to using Delta Skymiles for fare?

I use my miles to buy tickets for companions and pay cash for my own, so I can qualify for higher tiers of status. If you rarely fly this will not be important to you.

Some airlines have restrictions on award tickets, like you cannot buy up to first class or whatever. Probably not an issue.
by whodidntante
Wed May 16, 2018 8:43 pm
Forum: Personal Consumer Issues
Topic: New motorcycle rider
Replies: 106
Views: 4313

Re: New motorcycle rider

motorcyclesarecool wrote:
Fri Jun 26, 1970 11:20 am
Or, if you can document a safe ride of 1,000 miles in 24 hours, you can join the IBA
http://ironbutt.com/rides/ss1000.htm
I have done that. I did not know I was due an award, LOL.
by whodidntante
Wed May 16, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: Microcap Stock Screener
Replies: 21
Views: 1401

Re: Microcap Stock Screener

Rick Ferri wrote:
Wed May 16, 2018 4:47 pm
Eric,

My response:

Total Stock Market Index Fund

and forgetaboutit.
Or you can sell S&P 500 futures and load up on microcaps for a nice loading on size. :wink:
by whodidntante
Wed May 16, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Lower cost but similar alternatives to these American Funds in my Roth IRA?
Replies: 9
Views: 429

Re: Lower cost but similar alternatives to these American Funds in my Roth IRA?

I think American Funds has a penchant for growth stocks. There are a lot of growth stock funds available, including some passive ones. There might not be any passive international growth funds because growth stocks tend to lag over time. I would sell it all and replace it with low cost passive optio...
by whodidntante
Wed May 16, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: TDAmeritrade - Free Trades - ?How To?
Replies: 12
Views: 646

Re: TDAmeritrade - Free Trades - ?How To?

I said "grumble grumble you changed the commission free ETF list, can I have 10 free trades?" I got a reply that said, "yes, absolutely! Here are 10 free trades!"
by whodidntante
Wed May 16, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Etrading
Replies: 7
Views: 486

Re: Etrading

I have a good friend at Interactive Brokers. She does not recommend calling. So you should use them for e-trading.