Search found 1197 matches

by WhiteMaxima
Fri Aug 17, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 564
Views: 33240

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

I checked last 10 year return of US, int'l market. The US returned average 8% and intl 5%. That 3% difference is not big for 1 year but makes big difference in 10 years. Though previous performance not guarantee future return. But last 10 year average tells you something. I would not put US/Int'l at...
by WhiteMaxima
Thu Aug 16, 2018 7:07 pm
Forum: Personal Consumer Issues
Topic: Recent Trip to Naples, Italy
Replies: 14
Views: 1607

Re: Recent Trip to Naples, Italy

If you go a little further south, there is the most beautiful amalfi coast. Start from Sorrento. I will play Pavarotti's Back to Sorrento while driving a Fiat Panda all the way down south.
by WhiteMaxima
Thu Aug 16, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)
Replies: 655
Views: 56259

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I bought one share for each fund at $101 now all below $100 a share. Just test the water. If is doing well, I will DCA into these two zero funds.
by WhiteMaxima
Tue Aug 14, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 564
Views: 33240

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

You can do US/int'l 80/20 which give you a little diverfication and strong corelation with US market.
by WhiteMaxima
Thu Aug 09, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Which bond asset class best protects against stock market crash?
Replies: 9
Views: 1088

Re: Which bond asset class best protects against stock market crash?

I would choose FDIC insured CD above any bond against stock market crash. Bond holder will be next to stock holder to see their value crash.
by WhiteMaxima
Tue Aug 07, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6572

Re: Jamie Dimon: Higher rates are coming

Higher rate could come but everything has to be repriced. Eps leveraged assect or company with heavy debt. Either way.
by WhiteMaxima
Tue Aug 07, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 504
Views: 109169

Re: Anyone regret paying off mortgage early?

This year my investment is up 5.5% now. if I paid 3% mortgage down, I would make 2.5% less. I won't paying down low rate mortgage. Also house appreciated projection this year is 7%. I use 1;5 leverage which means my return on equity is 5x7%=35%. plus get tax deduction on the 3% mortgage payment.
by WhiteMaxima
Mon Aug 06, 2018 4:53 pm
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6572

Re: Jamie Dimon: Higher rates are coming

It looks like Jamie wants people to put their money into bank deposit. We know that put saving in bank is a losing game. Can't beat inflation. Does Jamie suggest future inflation is 4 or even 5%. If could but necessary.
by WhiteMaxima
Mon Aug 06, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6572

Re: What's your view on Treasuries?

Hey there fellow Bogleheads! Jamie Dimon was in a recent bloomberg article https://www.bloomberg.com/news/articles/2018-08-06/dimon-doubles-down-on-higher-u-s-yields-call-with-5-warning in which he says that we should be looking out for treasury rates of 5% or higher. The whole article has a negati...
by WhiteMaxima
Mon Aug 06, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6572

Re: Jamie Dimon: Higher rates are coming

The market will decide where interest would go. 5% interest rate? what mortage rate would be? 7%. What a disaster. who would even consider investing in stock market? Investor would just buy CD and live on interest payment. Of course, the big banks are the beneficiary. They can always make money on ...
by WhiteMaxima
Mon Aug 06, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6572

Re: Jamie Dimon: Higher rates are coming

The market will decide where interest would go. 5% interest rate? what mortage rate would be? 7%. What a disaster. who would even consider investing in stock market? Investor would just buy CD and live on interest payment. Of course, the big banks are the beneficiary. They can always make money on r...
by WhiteMaxima
Mon Aug 06, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: HELOC
Replies: 20
Views: 1343

Re: HELOC

Don't have one at the moment, but considering opening one before putting the house on the market to use as a potential source of funds for downpayment (i.e. using it like a bridge loan if we close new house before closing sale of current house) Unlike mortgage, HELOC doesn't have fees, so you can u...
by WhiteMaxima
Mon Aug 06, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: HELOC
Replies: 20
Views: 1343

Re: HELOC

Don't have one at the moment, but considering opening one before putting the house on the market to use as a potential source of funds for downpayment (i.e. using it like a bridge loan if we close new house before closing sale of current house) Unlike mortgage, HELOC doesn't have fees, so you can u...
by WhiteMaxima
Mon Aug 06, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: HELOC
Replies: 20
Views: 1343

Re: HELOC

Keep HELOC open in case market had a 2008 kind of event. In average human life, there would be 5 to 7 such events. If you capture 1, you will be Ok. 2, you would be good, 3, you would be super excellent, all but 1, you are W Buffet.
by WhiteMaxima
Fri Aug 03, 2018 6:31 pm
Forum: Investing - Theory, News & General
Topic: HELOC
Replies: 20
Views: 1343

Re: HELOC

Had one in the past and used it for a wedding, pay off car and home repairs. I don't have a mortgage now so am thinking of getting a HELOC to access my home's equity. When I got one a bunch of years ago there were no fees to open one. I mean to open a HELOC. Will never use it for consumption. Only ...
by WhiteMaxima
Fri Aug 03, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs. Home Equity Loan: which is better?
Replies: 4
Views: 380

Re: Mortgage vs. Home Equity Loan: which is better?

If you paid cash for Condo, always open a line of home equity line of credit in cash you need money.
by WhiteMaxima
Fri Aug 03, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: HELOC
Replies: 20
Views: 1343

Re: HELOC

If it's a no fee and draw HELOC, why not? If bank close it, so let it.
by WhiteMaxima
Fri Aug 03, 2018 1:01 pm
Forum: Investing - Theory, News & General
Topic: HELOC
Replies: 20
Views: 1343

Re: HELOC

I am planning to have a HELOC open. Duirng the 2008-2009, when financial credit dried, many investor use cash to purchased a lot distressed asset. HELOC is same as cash. This time, it is not just housing but everything due to multiple QEs and zero interest.
by WhiteMaxima
Fri Aug 03, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: HELOC
Replies: 20
Views: 1343

HELOC

Anyone open home equity line of credit?
The reason:

1) you only use it when needed
2) unlike credit card, the interest is relative low
3) you have a cushion during economical crisis, pay it off as you want
4) you can use it to grab stressed property at deep discount (time the market)
5) ....
by WhiteMaxima
Thu Aug 02, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 160
Views: 7894

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

I think if you purchase your travel using Chase Reserve Visa then your medical evacuation is covered. Not evac to home, only to nearest suitable facility. It's enough to save one's life. If you are in the US, you at least get treatment at local hospital. For traveling abroad, everyone should buy tr...
by WhiteMaxima
Thu Aug 02, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 160
Views: 7894

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

I think if you purchase your travel using Chase Reserve Visa then your medical evacuation is covered.
by WhiteMaxima
Wed Aug 01, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14208

Re: Net worth of $3.7M at age 47 - can I retire?

Buy into a balanced idex fund paying 2% dividend and live on that 3.7 mil x 2% = $74000, more than enough for a small family.
by WhiteMaxima
Tue Jul 31, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 11814

Re: Joint Ownership of home with second wife

OP is going to marry a lady not his children for life. leave nothing but sentimental things(childhood toys) to children. Remind the children they are going to make their own life. If OP thought money is more important, why marry?
by WhiteMaxima
Mon Jul 30, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 11814

Re: Joint Ownership of home with second wife

Money vs wife. Which one you choose?
by WhiteMaxima
Wed Jul 25, 2018 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement-Does 3 fund portfolio make sense for me
Replies: 12
Views: 949

Re: Early Retirement-Does 3 fund portfolio make sense for me

with 9mil asset, you could live on dividend (let's say paying 2.5%). You don't need asset manager (save 1%). 9mil x 2.5% = 225000USD. That's a lot.
by WhiteMaxima
Wed Jul 18, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: Costco Membership
Replies: 54
Views: 6938

Re: Costco Membership

I bought xxx shares of COST to hedge against Costco membership fee. I own both AAPL and Apple product.
by WhiteMaxima
Wed Jul 18, 2018 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2691

Re: When to invest 100000?

10 years from now, when you look back and you will see anytime is good time to invest. Of course, you can DCA (spread invest in different time) to even out the market noise. Using balanced (1/3 divide among US/Int'l/Bond) approach is also good way to filter out market noise.
by WhiteMaxima
Wed Jul 18, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2691

Re: When to invest 100000?

Almost everyone will agree with you that there is a 100% chance of a significant decline in the markets in the future. The real question is what to do, knowing that it will happen but not when. Yes. there is 100% chance of significant draw down in the future. However, there is 100% chance a signifi...
by WhiteMaxima
Tue Jul 17, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: Is Tax-Managed Small Cap (VTMSX) an underrated fund?
Replies: 57
Views: 7198

Re: Is Tax-Managed Small Cap (VTMSX) an underrated fund?

I own VTMSX in my Roth to tilt from large cap.
by WhiteMaxima
Tue Jul 17, 2018 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring money from Canada - Wait for exchange rate to improve?
Replies: 11
Views: 427

Re: Transferring money from Canada - Wait for exchange rate to improve?

The exchange rate can get worse. Before Canada part of NAFTA, 1 CAD=0.66 USD.
by WhiteMaxima
Tue Jul 17, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2691

Re: When to invest 100000?

best time is Now.
by WhiteMaxima
Mon Jul 16, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should we sell our business?
Replies: 61
Views: 5183

Re: Should we sell our business?

All business has cycle. What if another recession let's say 2019. Business growth slows to negative and profit plummet to loss.
by WhiteMaxima
Mon Jul 16, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2637

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

I already max out 18k for pre-tax. Target $55000 IRA limit. I learned my lesson by contribute too much % last year, reached $55000 a month earlier, missed one month company match. So this year my target is $52000 to get the full match.
by WhiteMaxima
Fri Jul 13, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Kitchen Remodel
Replies: 23
Views: 1865

Re: Kitchen Remodel

My thinking is to cook more healthy and tasty food at home instead of going out. Spend more to save.
by WhiteMaxima
Fri Jul 13, 2018 2:52 pm
Forum: Personal Consumer Issues
Topic: Kitchen Remodel
Replies: 23
Views: 1865

Kitchen Remodel

DW and I like to cook at home. Decide to remodel the kitchen. We will replace the electric range to nature gas range (Wolf Viking or La Couner), add powerful hood, replace dishwasher to Bosch. Add a subzero fridge. Will need to change the floor material and tile wall. Any recommendations? Thanks.
by WhiteMaxima
Fri Jul 13, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: What to do with extra $2500 a month?????
Replies: 36
Views: 3222

Re: What to do with extra $2500 a month?????

divided evenly among: paying off the boat, laddered CD as emergency fund, Roth for both of you. So 1/3 1/3 1/3.
by WhiteMaxima
Fri Jul 13, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: Buying Used Honda/Toyota -- How old is too old?
Replies: 16
Views: 1252

Re: Buying Used Honda/Toyota -- How old is too old?

if you are mechanic handy, nothing is too old for Toyota. Honda I don't know. But their resale value is higher than other brand. I would just buy new.
by WhiteMaxima
Thu Jul 12, 2018 6:46 pm
Forum: Investing - Theory, News & General
Topic: Home ownership vs investing -- condos vs renting, etc
Replies: 108
Views: 5734

Re: Home ownership vs investing -- condos vs renting, etc

A home is both consumption item and investment. It could appreciate or depreciate in value in short term, will keep up with inflation in longer term. A house could be bought with leveraged loan (low interest). So a 5X leverage would enlarge your gain or loss 5X. House ownership has a lot cost (repai...
by WhiteMaxima
Thu Jul 12, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with "Extra" money:
Replies: 8
Views: 900

Re: What to do with "Extra" money:

Spend it on yourself 1st. for extra: 529 for grand kids, charitable foundation name after you, etc.
by WhiteMaxima
Thu Jul 12, 2018 6:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: Seattle Area Chapter Meetings - Master Thread
Replies: 79
Views: 16736

Re: Seattle Area Chapter Meetings - Master Thread

Seattle traffic and parking cost is not BH.
by WhiteMaxima
Thu Jul 12, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Cash out 401K
Replies: 15
Views: 1902

Re: Cash out 401K

No need to cash out 401k. You can do Roth conversion up to you tax target. if you think the current market value is too rich. Switch some % into fixed income. Emerging market and international is not as over valued as domestic, you might add more position. Don't do 401k cash out, it will cost you a ...
by WhiteMaxima
Wed Jul 11, 2018 5:23 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353358

Re: What are you up YTD? [Year To Date]

+5.0% (80% 80/20 US & Intl, 20% Stable Value Fund, 0% Bond)
by WhiteMaxima
Wed Jul 11, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 108
Views: 9074

Re: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters

AAA rated bond is relatively safe. So thought a lot of people in 2008/2009 with their CDOs. A lot were AAA rated by ratings agencies who wernt looking too hard under the hood. Mortgage backed security. If you buy US backed 10 year treasure, you would be safe unless US default its treasure bond.
by WhiteMaxima
Wed Jul 11, 2018 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Any Dry Powder Strategies?
Replies: 103
Views: 6132

Re: Any Dry Powder Strategies?

Just invest in vanguard balanced admiral fund (30/30/40) for life and forget about gun power.
by WhiteMaxima
Wed Jul 11, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: Dow 40000 prediction for 2025
Replies: 44
Views: 4047

Re: Dow 40000 prediction for 2025

It might. But I care less. Just keep invested.
by WhiteMaxima
Wed Jul 11, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?
Replies: 96
Views: 8761

Re: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?

Madison, WI, close to Chicago and less snow than Minn. Good beer and football culture.