Search found 1052 matches

by TropikThunder
Wed Nov 14, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg: GE Preferred STOCK in Vanguard short bond funds??
Replies: 14
Views: 1537

Re: Bloomberg: GE Preferred STOCK in Vanguard short bond funds??

Dividend stocks (especially Dividend Aristocrats) are a bond proxy, so I don’t see the problem. Stocks are stocks - equity not debt. No matter how you dress up the dividend income. Yeah I was kidding but forgot to add a snarky emoticon. :P Although, your reply is not wasted since maybe some of the ...
by TropikThunder
Wed Nov 14, 2018 3:07 am
Forum: Personal Finance (Not Investing)
Topic: rule of thumb for using HSA funds?
Replies: 39
Views: 2912

Re: rule of thumb for using HSA funds?

I am not sure i understand the concern about keeping receipts. You can reimburse yourself from the HSA for any qualified expenses that you paid with other funds. So you can pay medical expenses with cash, save the receipts (for the IRS) and then reimburse yourself from the HSA when and if it makes ...
by TropikThunder
Wed Nov 14, 2018 3:00 am
Forum: Investing - Theory, News & General
Topic: Bloomberg: GE Preferred STOCK in Vanguard short bond funds??
Replies: 14
Views: 1537

Re: Bloomberg: GE Preferred STOCK in Vanguard short bond funds??

Dividend stocks (especially Dividend Aristocrats) are a bond proxy, so I don’t see the problem.
by TropikThunder
Tue Nov 13, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard investor class shares on their way out?
Replies: 64
Views: 5564

Re: Vanguard investor class shares on their way out?

Having multiple share classes is so old fashioned and lame. In 2018, it's not a good look to give deals to rich people. It’s cute that you think people qualify for institutional class individually. And one hardly needs to be rich to buy an ETF, they receive the low ER starting at the price of a sin...
by TropikThunder
Sat Nov 10, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: Roth Investment Theory
Replies: 45
Views: 3638

Re: Roth Investment Theory

To the pro-lump sum people: I'll just put it out there. Last year I decided to dump a lump sum into my VG taxable account (VTSAX and VTIAX). However it was not Jan 1 but Jan 31. A difference of less than a month. I have been down pretty much the whole year. My rIRA and tIRA DCA accounts are up by a...
by TropikThunder
Sat Nov 10, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10508

Re: This man can predict when bubbles burst: time to time the market?

WanderingDoc wrote:
Sat Nov 10, 2018 7:27 am
Do you honestly think that people work for decades on behalf of their society or country? Come on.
Aren’t you in the military? And you’re mocking people who work on the behalf of their country? On Veterans Day weekend?
by TropikThunder
Wed Nov 07, 2018 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: How high can House prices go
Replies: 41
Views: 4777

Re: How high can House prices go

Prettybogle, This thread is from the forum during April 2018 https://www.bogleheads.org/forum/viewtopic.php?f=2&t=248214&p=3902780#p3902780 I am curious as to-why you decided to purchase. Did something in your circumstances change? And that thread references a prior one asking essentially the same ...
by TropikThunder
Wed Nov 07, 2018 12:48 am
Forum: Personal Finance (Not Investing)
Topic: How high can House prices go
Replies: 41
Views: 4777

Re: How high can House prices go

I would expect sustainable rents, on the extremely high side, to be up to 40% of household incomes, and homes to be selling at up to 15x annual rent. In one state in Australia, "Borrowers in NSW were most at risk, with repayments for the average household taking up 40 per cent of their income" So 4...
by TropikThunder
Wed Nov 07, 2018 12:20 am
Forum: Personal Finance (Not Investing)
Topic: How high can House prices go
Replies: 41
Views: 4777

Re: How high can House prices go

prettybogle wrote:
Tue Nov 06, 2018 11:54 pm
What happens if we are not able to make payments?
You know your mortgage payment doesn't go up if the house value goes up, right? It sounds like you feel the house will become more expensive if it's value increases.

OK, property tax will go up, but not the P&I on the mortgage.
by TropikThunder
Sat Nov 03, 2018 7:39 pm
Forum: Personal Consumer Issues
Topic: Help...90-10, 80-10-10, HELOC?
Replies: 11
Views: 733

Re: Help...90-10, 80-10-10, HELOC?

Hello Bogleheads, I am trying to figure out the most cost effective way of taking out a second mortgage without having the full 20% down payment. Our current home is for sale and once sold we plan to use our equity to get to 20% equity in the new home (right now we would have 10% for the down payme...
by TropikThunder
Sat Nov 03, 2018 7:00 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9266

Re: no dividends in index funds!

Dividends are just something that makes you feel good, its not free money. Total return is all that matters. You can get the same result from selling shares if you need the cash. Actually, dividends are worse than selling shares because you end up paying more in taxes. No recovery of basis with div...
by TropikThunder
Fri Nov 02, 2018 11:53 pm
Forum: Investing - Theory, News & General
Topic: Brett Arends: Here's a simple way to beat a bear market
Replies: 38
Views: 5203

Re: Brett Arends: Here's a simple way to beat a bear market

The point about DCA'ing when the market is heading lower assumes (as stated in the initial post about this above) that the DCA'ing begins *after* a nice market drop... but then it keeps going down for a while more. Point is, one sold "high" and is DCA'ing back in "lower". Sell at $100. Buy back in ...
by TropikThunder
Fri Nov 02, 2018 11:46 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9266

Re: no dividends in index funds!

Toons wrote:
Fri Nov 02, 2018 10:48 pm
barnaclebob wrote:
Fri Nov 02, 2018 9:04 am
Dividends are just something that makes you feel good, its not free money. Total return is all that matters. You can get the same result from selling shares if you need the cash.

Is there a transaction cost to take a dividend?
Transaction costs are so 20th century. :P
by TropikThunder
Fri Nov 02, 2018 11:32 pm
Forum: Investing - Theory, News & General
Topic: The biggest rallies in stocks have happened during the worst times to be invested
Replies: 15
Views: 2313

Re: The biggest rallies in stocks have happened during the worst times to be invested

Why I think the market is headed down and not up: Moving into more recent periods, we want to find the top 10 best days since 1950. They all took place in 1987, 2002, 2008 & 2009 . Again, these are some of the worst times to buy stocks in our lifetime. https://allstarcharts.com/biggest-rallies-come...
by TropikThunder
Thu Nov 01, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 296
Views: 45960

Re: New HSA provider Lively offers investments for $30/yr fee

I second jfhenton’s responses (except I’ve never made a withdrawal or payment from my HSA at Lively). How long did transfers take from HealthEquity and SelectAccount/HelloFurther? Was a transfer fee charge (if closing or not closing other account)? My employer also uses HealthEquity. It does take a ...
by TropikThunder
Wed Oct 31, 2018 7:16 pm
Forum: Investing - Theory, News & General
Topic: Is Small Value Still A Winner?
Replies: 96
Views: 6912

Re: Is Small Value Still A Winner?

MJW wrote:
Wed Oct 31, 2018 7:12 pm
TropikThunder wrote:
Wed Oct 31, 2018 7:02 pm
If you go from Jan 1008 to today, IJR 10.07%, VBR 9.69%, VTI 9.11% CAGR.
I'm guessing Olaf Haraldsson's raids in the Baltic are impacting your starting date. Another example of cherry-picked data. :x
:P Should have put everything into VLA (Viking Large Axe) funds.
by TropikThunder
Wed Oct 31, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: Is Small Value Still A Winner?
Replies: 96
Views: 6912

Re: Is Small Value Still A Winner?

Are you sure about that? Yes, using portfoliovisualizer. Vanguard's small value fund is not the best. Try IJS. VBR also outperforms VTI though going from 2008-2018 according to their site. If you go from Jan 1008 to today, IJR 10.07%, VBR 9.69%, VTI 9.11% CAGR. If you go from Oct 2008 to today, VTI...
by TropikThunder
Wed Oct 31, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Is Small Value Still A Winner?
Replies: 96
Views: 6912

Re: Is Small Value Still A Winner?

Ah, I see my chart was including growth since 1972 which looks much larger when compounded. Still, small cap value is ahead going back 10 years. It depends on the years and you can cherry pick data to make the premium look great or terrible. It takes a long stretch including rebalancing to show up....
by TropikThunder
Tue Oct 30, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Can I deposit cash from selling car into bank account over 10k?
Replies: 21
Views: 2090

Re: Can I deposit cash from selling car into bank account over 10k?

I'm selling one of my car for 20k. Buyer is offering cash so can I deposit into my bank account if it's ok 10k? People get paranoid about depositing cash (especially lots of cash) based on what they’ve heard or read about money laundering regulations. Banks have to file what’s called a Currency Tra...
by TropikThunder
Tue Oct 30, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Kevin O'Leary: owning a car is a terrible idea
Replies: 43
Views: 3311

Re: Kevin O'Leary: owning a car is a terrible idea

Here's a thought inspired by all the headaches I've had with my lousy 2017 Honda CRV. Kevin O'Leary suggests they are a terrible waste of money. I'll add that they just take up too much of your valuable time dealing with all the overhead of owning one. You would think Bogleheads would be talking up...
by TropikThunder
Mon Oct 29, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: ETF provider State Street unintentionally promotes traditional index funds
Replies: 38
Views: 2735

Re: ETF provider State Street unintentionally promotes traditional index funds

I think the “gosh why would anyone use ETF’s” crowd is only slightly less smug than the “I’m with Jack” anti-international crowd. Just because you can’t think of a reason to do X doesn’t meant there isn’t a reason to do it.
by TropikThunder
Sat Oct 27, 2018 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: For those waiting for a 'correction' ...
Replies: 88
Views: 12335

Re: For those waiting for a 'correction' ...

80-somethings posts, and maybe 3 of them from livesoft's intended audience. :P If I may be so bold, I believe this was directed at those who have been sitting on cash "waiting for the correction" to get back in, not those who never considered sitting on the sidelines in the first place. But I could ...
by TropikThunder
Sat Oct 27, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Funding stock purchase
Replies: 7
Views: 433

Re: Funding stock purchase

We have a brokerage account with Vanguard. (actually have multiple tax deferred ones as well.) The Settlement account doesn't have any balance as everything is invested. I have already set up a link from our bank to the account. If we want to purchase a stock, are we able to do that and then start ...
by TropikThunder
Fri Oct 26, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get rid of PMI or pay off my car loan?
Replies: 28
Views: 1500

Re: Should I get rid of PMI or pay off my car loan?

Hello Bogleheads, I have some extra funds sitting in my savings account that is beyond my emergency funds. I'm thinking of putting down the money into my mortgage to get rid of PMI. Would like to know what the wise people here think... My mortgage is at 4.125%. Total mortgage 205k. Amount left 188k...
by TropikThunder
Thu Oct 25, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio with TIAA funds from specific plan
Replies: 4
Views: 407

Re: 3 fund portfolio with TIAA funds from specific plan

Dear All: I recently gave a lecture to our residents about finance and had some questions about the TIAA plan that is accessible to them. I wanted to check my understanding of their plan before I make any recommendations. (snip) My thoughts regarding the three fund portfolio would be: * US equities...
by TropikThunder
Tue Oct 23, 2018 8:37 pm
Forum: Investing - Theory, News & General
Topic: Bonds saved the bacon in the "lost decade" for stocks, but will they do it again?
Replies: 21
Views: 3062

Re: Bonds saved the bacon in the "lost decade" for stocks, but will they do it again?

Looking forward, if we have another lousy return decade for stocks, which many predict, will bonds save the bacon again? In January 2000, the yield on 5-year treasuries was 6.58%. While the yield has gotten better in recent months, it is now only about 3%, less than half what it was at the start of...
by TropikThunder
Tue Oct 23, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advise: Offer from new job shoulf my wife tell them she is pregnant?
Replies: 34
Views: 2361

Re: Need Advise: Offer from new job shoulf my wife tell them she is pregnant?

One correction here, employees are not eligible for FMLA until 12 months after start date. Most companies will still offer maternity coverage under their own benefit policies, but there is no federal protection for the job beyond that. OP, since your wife is currently pregnant and has yet to start ...
by TropikThunder
Sat Oct 20, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Put more than 20% down on a house?
Replies: 33
Views: 3598

Re: Put more than 20% down on a house?

I'm actually not sure if that would be my exact property tax that is due. Is there anyway to find out for a new build vs a 1-2 yr old house? Is this public record, if so where do I find it. 2k a month sounds insane for property tax but i'm assuming it would be that high in the bay area or manhattan...
by TropikThunder
Sat Oct 20, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Waiving contingencies for co-op purchase?
Replies: 16
Views: 983

Re: Waiving contingencies for co-op purchase?

I know the seller currently prefers the cash offer at somewhere between $50 and $150K less. The question is whether I can do anything to make my offer more appealing and also understanding the risk it entails. By waiving financing, I stand to lose a max of $200K only if I can’t get financing, which...
by TropikThunder
Fri Oct 19, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?
Replies: 53
Views: 5062

Re: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?

There is a lot of misinformation in this thread. PTO is different than vacation. Vacation is paid out while PTO is not. There may be slight differences depending on locality but this is how is works in most locales. Your experience is not universal. Many employers don't have separate allocations to...
by TropikThunder
Fri Oct 19, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?
Replies: 53
Views: 5062

Re: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?

In reality, I think if they pay out PTO for some people but not others, they open themselves up to a lot of liability. So even if technically legal, I doubt the vast majority of companies would do something like that. In OP's state (WA), state law explicitly says if they have a policy, it must be a...
by TropikThunder
Thu Oct 18, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: Why dismiss sectors?
Replies: 31
Views: 1741

Re: Why dismiss sectors?

In general it seems like sectors are dismissed on this forum for simplicity's sake, and secondarily because the common belief here is that market weighting is efficient and will produce optimal returns. Personally I do buy Vanguard's sector ETF's to 'balance' (in my opinion) my portfolio . S&P 500 ...
by TropikThunder
Wed Oct 17, 2018 6:29 pm
Forum: Personal Consumer Issues
Topic: Best way to complain about Hertz bait-and-switch?
Replies: 58
Views: 5974

Re: Best way to complain about Hertz bait-and-switch?

To be fair, car companies are one of the few remaining places where you can make a non-binding reservation with zero penalty. You don't even have to cancel...just refrain from showing up and you'll never hear from them again . I'm not sure that business model is sustainable, but it's how it is toda...
by TropikThunder
Wed Oct 17, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11278

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

So if I buy a share of Petróleo Brasileiro S.A.—Petrobras—a semi-public Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil, I’m not transferring my wealth to the Brazilian government? Really? Where does the money go? It goes to the person you bough...
by TropikThunder
Wed Oct 17, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Buyers commission on a condo purchase
Replies: 29
Views: 1823

Re: Buyers commission on a condo purchase

The $400 is probably the Broker Admin fee. This a fee that goes to the Brokerage to cover admin support plus just general office expenses . (Ours is $499). I will waive the fee for the client, and pay it myself, for larger sales. Like staples, paper clips and coffee creamer? Sounds like the doc fee...
by TropikThunder
Wed Oct 17, 2018 1:37 am
Forum: Personal Consumer Issues
Topic: Help: Potential car lease fraud?
Replies: 6
Views: 1214

Re: Help: Potential car lease fraud?

The typical car lease is 2-3 years, so if it’s about to end that means it was opened that long ago. You’ve checked your credit since then, right?
by TropikThunder
Wed Oct 17, 2018 1:31 am
Forum: Personal Consumer Issues
Topic: Maserati Experiences
Replies: 47
Views: 5496

Re: Maserati Experiences

DJN wrote:
Wed Oct 17, 2018 12:38 am
Who needs German mechanical complications.................and maintenance costs.
Italian cars haven’t historically survived long enough to need maintenance, so there’s that.
by TropikThunder
Tue Oct 16, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11278

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

As a US citizen, I see no point in giving my investment money to foreign companies, located in countries whose political structure/belief systems I don’t agree with or whose regulatory structures may not be robust. --------------------------------------------- Investing in international funds just ...
by TropikThunder
Sat Oct 13, 2018 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5533

Re: Weigh in on our Marital Argument =)-- HCOL edition

If it were me, I'd look at row houses where you could convert the basement into an AirBnB guest suite and then just block out the dates for when your parents come to visit. As your kids get a bit older, put them to work maintaining the AirBnB. It would be a nice little educational job for a middle ...
by TropikThunder
Sat Oct 13, 2018 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 296
Views: 45960

Re: New HSA provider Lively offers investments for $30/yr fee

Has anyone actually withdrawn money from Lively? Say, using your account to pay current medical expenses? Is it a smooth process? I have only seen posts of people putting money in. They have a Visa debit card (like most if not all HSA's) so I imagine it would be seamless as long as you have money i...
by TropikThunder
Sat Oct 13, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 296
Views: 45960

Re: New HSA provider Lively offers investments for $30/yr fee

Here is a good site to compare HSA's: https://thehsareportcard.com . I'll be rolling over my wife and my HSA's to Avidia Bank. They waive the $2.50/Mo investment fee if the avg monthly balance is greater than $3,000, so I should have no fees at all. A bit weak on investment options, but having VFIA...
by TropikThunder
Fri Oct 12, 2018 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 73
Views: 7259

Re: Just Divorced -- Need Help

Go incognito on your browser. Go to americanexpress.com and then check out the Amex Everyday and see if you get the 25,000 bonus point offer with a 0% balance transfer for 12 months. It fits your needs and Amex will approve just about anyone. If you don't get it, clear your cookies and/or try anoth...
by TropikThunder
Fri Oct 12, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Manufacture income, claim electric vehicle credit
Replies: 3
Views: 342

Re: Manufacture income, claim electric vehicle credit

Thegame14 wrote:
Fri Oct 12, 2018 3:16 pm
can she change her withholdings for rest of the year?
That will affect how much tax is withheld, not how much tax will be due.
by TropikThunder
Fri Oct 12, 2018 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Website article on lawsuits over hospital balance / surprise billing
Replies: 56
Views: 2423

Re: Website article on lawsuits over hospital balance / surprise billing

They tried to take advantage of me while I was at my most vulnerable, despite assuring me 2 hours before the procedure that there would be no financial surprises. I even made the clueless admin, who took my pre-payment in full, initial on the contract where I wrote in that I did not consent to care...
by TropikThunder
Fri Oct 12, 2018 12:19 am
Forum: Investing - Help with Personal Investments
Topic: [JP Morgan] Target Retirement 2025 - CRAZY ?!?!
Replies: 17
Views: 2305

Re: Morgan Stanley Target Retirement 2025 - CRAZY ?!?!

And yet, it has outperformed Vanguard Target Retirement 2025 since inception? https://www.portfoliovisualizer.com/fund-performance?s=y&symbol=JNSIX&benchmark=VTTVX&endDate=10%2F11%2F2018 That's not a fair comparison. OP didn't say which share class his friend has (there are 7 with ER's ranging from...
by TropikThunder
Thu Oct 11, 2018 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mold on inspection, need advice
Replies: 30
Views: 2308

Re: Mold on inspection, need advice

Thanks for the replies. Ceiling mold is on the first floor and there is a bathroom directly above it. Area of mold is about 6 ft, and involves upper surface of the ceiling drywall and the adjacent rafters. Most of the advice (which you haven’t responded to yet) assumes this is a house you’re lookin...
by TropikThunder
Wed Oct 10, 2018 8:10 pm
Forum: Investing - Theory, News & General
Topic: 5 ways target-date funds let investors down
Replies: 38
Views: 3557

Re: 5 ways target-date funds let investors down

Why is anyone part of this community and still reading your general finance articles. We all should know that it is all a bunch of BS with scare tactics. Everything is bad all the time if you read the news and main stream finance reports.. BTW, I feel that there will be a 73% crash in the future.. ...
by TropikThunder
Tue Oct 09, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Can we safely retire early?
Replies: 18
Views: 3342

Re: Can we safely retire early?

There are people here who will say that even 100% success rate is not good enough, because the calculators are using rosy assumptions. *If* Obamacare goes away it will likely be replaced by “skinny”, catastrophic plans that still would cover the worst case scenarios. And coverage for pre-existing c...
by TropikThunder
Tue Oct 09, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: can i start a private investment firm?
Replies: 70
Views: 5212

Re: can i start a private investment firm?

I also want to start my own Merger & Acquisition Firm but I have no interest in getting admitted to Wharton for MBA program or anything like that stupid stuff. I know I can make more money that way than starting my own hedge fund. Do I need to start a new topic (but it is too much work to start a n...
by TropikThunder
Tue Oct 09, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Can CD interest be LTCG?
Replies: 2
Views: 380

Re: Can CD interest be LTCG?

I am in the 12% tax bracket so I am exempt from LTCG to the extent that I remain in the 12% bracket. I get a 1099 from my bank and pay income tax on my CD interest. After all, CD interest is "interest" not "capital gain", but if I were to buy a 2-year CD, and set up with my bank to credit the coupo...