Search found 167 matches

by dspencer
Fri Jun 14, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1005
Views: 266642

Re: Share your story of how you got wealthy

I'd call a 50% hit a windfall loss. As I've understood things, that's the way things typically go. If ever she decides she's done with the relationship, she can lawyer up and leave with 50% of everything you have, plus your car, plus your house, plus your kids, and even your dog... and maybe even a...
by dspencer
Mon Jun 10, 2019 2:07 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2189
Views: 159837

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Thanks for posting your idea. It's a tiny part of my overall portfolio, but it definitely adds some excitement. Hopefully it won't be a gateway to day-trading and penny stocks. How much more IRA space do you have outside this allocation :twisted: ? I'm 100% in my Roth and plan to be with contributi...
by dspencer
Mon Jun 10, 2019 2:03 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2189
Views: 159837

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

haven't read all 39 pages(!) but somewhere you write that it might be hard not to take money off the table towards the end of your horizon. Agree, and it would surely suck for the investment to be on target after year 18 or 19 years only to experience a high drawdown. I'd want to think about pullin...
by dspencer
Mon Jun 10, 2019 1:24 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2189
Views: 159837

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Thanks for posting your idea. It's a tiny part of my overall portfolio, but it definitely adds some excitement. Hopefully it won't be a gateway to day-trading and penny stocks. How much more IRA space do you have outside this allocation :twisted: ? I'm 100% in my Roth and plan to be with contributi...
by dspencer
Mon Jun 10, 2019 10:12 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2189
Views: 159837

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

So I am planning on getting in on the action with my Roth IRA. I emailed M1 and they apparently charge $25 for conversions so I guess I will have that as a yearly fee to do a backdoor Roth. I think that's still cheaper than Fidelity, but might be worth considering for others in the same boat. After...
by dspencer
Mon Jun 10, 2019 10:01 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2189
Views: 159837

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

So I am planning on getting in on the action with my Roth IRA. I emailed M1 and they apparently charge $25 for conversions so I guess I will have that as a yearly fee to do a backdoor Roth. I think that's still cheaper than Fidelity, but might be worth considering for others in the same boat. After ...
by dspencer
Mon Jun 03, 2019 2:38 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2189
Views: 159837

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

I don’t believe I’m the one being ridiculous here. Here are the Boglehead principles. Please point out which ones I am violating: Develop a workable plan Invest early and often Never bear too much or too little risk Diversify Never try to time the market Use index funds when possible Keep costs low...
by dspencer
Fri May 31, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

https://pbs.twimg.com/media/D7cUENeW0AAu-PN.jpg:large What a ridiculous graphic. An arbitrary starting time with an arbitrarily compressed time frame. Even if the pattern were identical, it wouldn't prove that their projection is correct or even probable. Could it be right? Sure. If it's not, they ...
by dspencer
Fri May 31, 2019 12:50 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153639

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

So, did Honda's 1.5T warranty extension amount to a "secret warranty", until Consumer Reports got hold of the memo to Honda service departments? Kinda smells like it. Were they going to notify owners of this warranty extension, or will that come about because their cover was blown by CR? If you don...
by dspencer
Fri May 24, 2019 1:41 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153639

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Honda had already recalled 591,055 vehicles due to OD in China by 2018 September: https://www.reuters.com/article/us-china-autos-honda/honda-recalls-two-more-models-in-china-due-to-engine-issue-idUSKCN1LT1XE That number was more than just a few. China received a life time extended warranty. Why sho...
by dspencer
Fri May 17, 2019 10:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

A paper loss, that is a temporary reduction of the value of your stock (Total Stock Market ETF), is not the same as an actual loss of stock. Because the stock value is expected to recover its price faster than any other known financial instrument. Whereas an actual loss of the stock (I.e. through d...
by dspencer
Wed May 15, 2019 3:58 pm
Forum: Personal Investments
Topic: Help my broker is trying to freak me out
Replies: 94
Views: 13920

Re: Help my broker is trying to freak me out

I have about $14, 000 in unrealized gains if I sold everything. I think most of that is long term but hard to get a straight answer. For US stocks I have unrealized gains as follows TBCIX $3,300 the fee is .57 POSKX $5,214. Fee is .66 CIPX $1,600. Fee is .90 BRLIX $2,440 fee is .15 DODGX $260 fee ....
by dspencer
Wed May 15, 2019 3:41 pm
Forum: Personal Investments
Topic: Help my broker is trying to freak me out
Replies: 94
Views: 13920

Re: Help my broker is trying to freak me out

Thank you everyone for the great advice. I felt I had read and learned a lot about the three fund portfolio but once I was talking with broker I got nervous and him saying such things as — obviously you can do as you want but not the first time I have see clients dump their well managed portfolio o...
by dspencer
Wed May 15, 2019 3:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

Has one person lost money while the other has lost nothing even though they started and remain in identical positions? No one lost money because of the wash rule. If they waited 30 days before buying the same stock at the same price they sold it for then they would have a realized loss. Roth IRA. Y...
by dspencer
Wed May 15, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

I will never understand the "it's not a loss unless you sell and lock it in" crowd. A paper loss IS a loss. It's quite baffling. I can only assume that some of it is just a psychological game people play and some of it is created by how the government taxes capital gains. It's probably hopeless but...
by dspencer
Tue Feb 19, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153639

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I have spent over 2 hours dealing with Honda...to me any problem that two normal sane people cant solve over a tasty cold beverage in five minutes is something serious. This Honda deal is troubling to me in that Honda I thought was right up there with Toyota in quality and caring about their brand....
by dspencer
Fri Jan 25, 2019 4:32 pm
Forum: Investing - Theory, News & General
Topic: Another frugality/contentment post from Morgan Housel
Replies: 28
Views: 2499

Re: Another frugality/contentment post from Morgan Housel

Love this quote: At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs his pal, Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch-22 over its whole history. Heller responds,“Yes, ...
by dspencer
Thu Jan 03, 2019 4:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

But seriously, suppose someone wants to sell or buy at 2% up or 2% down? What is wrong with using an ETF to get the price you want? Sure you may do better or worse if you had used a mutual fund and taken the closing price but you got what you want so you should be happy right? I don't think there's...
by dspencer
Thu Jan 03, 2019 1:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

Days like today make me thankful that we have ETF alternatives to mutual funds. I guess I am dense. Why does a day like today make you thankful we have ETF alternatives to mutual funds. I hold mutual funds and am a long term buy-and-hold investor. So what difference does it make if you have ETF or ...
by dspencer
Fri Dec 21, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

Assuming that the market eventually recovers, would you rather have bought VTSAX at $73.65 (price on 9/20/18) or today's $62.40? I would rather make all my investment decisions with the benefit of hindsight. The real question is should I buy at today's price or the price in 3 months? I'm pretty sur...
by dspencer
Thu Dec 20, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

When everyone hates the stock, then is the time to buy. 2008,9 is one example. DING DING DING!! :sharebeer I truly don't know if these are meant to be serious or not. Assuming that the market eventually recovers, would you rather have bought VTSAX at $73.65 (price on 9/20/18) or today's $62.40? I w...
by dspencer
Thu Dec 20, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

willthrill81 wrote:
Thu Dec 20, 2018 4:51 pm
WhiteMaxima wrote:
Thu Dec 20, 2018 4:49 pm
When everyone hates the stock, then is the time to buy. 2008,9 is one example.
DING DING DING!! :sharebeer
I truly don't know if these are meant to be serious or not.
by dspencer
Thu Dec 20, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

Wow NASDAQ in bear. S&P is with in 4% of Bear market. Let us hope fall stops soon . I wonder when will the next post happen on the the SOAR thread. Hope happens sooner than later. I don't understand. Wouldn't a bear market remove all the froth? It seems to me that the market needs a pretty hard res...
by dspencer
Thu Dec 20, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in free fall

I don’t have any trucks to back up, but I do have paychecks. And I plan on buying all the way to the bottom, wherever that is. And then I’ll buy all the way back to the top, as well. I just dipped into my emergency fund to buy VTI. My last buy is up 0.42%. I'm good at this. :greedy How many of your...
by dspencer
Mon Dec 10, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in freefall

To the folks who are in accumulation phase: this is your chance to accelerate your progress towards financial independence! Buy, Buy, Buy like there is no tomorrow. I will be buying as I always do, but absent a windfall, I can't buy all that much more than I already am. Anything beyond expenses goe...
by dspencer
Thu Nov 15, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in freefall

For those that follow TA, we filled one of two gap-ups from early November. Another one exist just below the 2700 level on the S&P. The S&P was down over 1% intraday, however, gap under 2700 was filled. Respect the volatility :beer Is there reason to believe that many Bogleheads follow TA? I unders...
by dspencer
Fri Aug 24, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153639

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

You can reevaluate when the warranty is close to expiring. The way I look at it is by selling it now, you lose a lot of money due to depreciation. Is this loss less than a potential engine repair in the future? This is assuming there will be repairs and Honda will not cover them, even partially. Ju...
by dspencer
Fri Aug 24, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153639

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

OIL ANALYSIS REPORT 8-24-18 I decided to have the oil analyzed on my 2017 CRV. Have owned for about 13 months and have 13,900 miles. 5,000 miles since last oil/filter change with 40% oil life remaining on maintenance minder. Miles are mostly highway/interstate driving with several long distance dri...
by dspencer
Mon Aug 20, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Where to buy white, athletic fit dress shirt?
Replies: 52
Views: 3789

Re: Where to buy white, athletic fit dress shirt?

I am a big fan of TM Lewin fitted non-irons for an athletic build. If you google their competitor "CT Shirts," the top ad will always be $30/shirt and free shipping. Thanks for this tip, I was not aware of this type of marketing scheme. It appears to work in reverse as well with Charles Tyrwhitt of...
by dspencer
Fri Jun 29, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153639

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

It seems clear that you have spent a huge amount of time researching the issue, filing complaints, encouraging others to complain and monitoring your own vehicle. You've posted your own experience in this thread in great detail. You've said multiple times that you are going to have your oil analyze...
by dspencer
Fri Jun 29, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153639

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

CU LATER --> Did you ever have your oil analyzed? Did it show gasoline in the oil? Could you please post the results? I guess you don't want to tell us. I find it interesting that CUlater has gone radio silent on his oil analysis results. Looks like this entire thread is much ado about nothing. The...
by dspencer
Wed May 30, 2018 8:00 am
Forum: Personal Investments
Topic: Bond diversification for high tax brackets?
Replies: 4
Views: 761

Re: Bond diversification for high tax brackets?

If you want to hold your bonds in taxable, they should be tax-exempt if you are in a higher tax bracket. What makes sense to me is holding your bonds, or at least a good portion, in a tax-advantaged account such as a rollover IRA or a 401k. Most any broad intermediate term fund will do. Are there a...
by dspencer
Tue May 29, 2018 3:36 pm
Forum: Personal Investments
Topic: Bond diversification for high tax brackets?
Replies: 4
Views: 761

Bond diversification for high tax brackets?

Due to the after tax returns, most of my bonds are in tax exempt municipal bond funds (mostly VWIUX). Vanguard's Portfolio Watch tool recommends putting 20-50% in international bonds. I do have a small holding of VWOB (emerging market gov bonds). Despite higher yield, I still believe the after-tax y...
by dspencer
Tue May 22, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in freefall

Warren Buffett is a professional investor with a once-in-a-generation talent for his profession. It's hard for me to see the relevance of his professional investing strategy to ordinary people who don't have the time, talent, money, or inclination to do what he does. To the extent that he offers inv...
by dspencer
Thu May 03, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in freefall

Point taken about stock buybacks. I have just been influenced by listening to CNBC I guess. I did think buybacks were the equivalent of dividends, which were not necessarily a good thing (from all my reading here over the years), but not really a negative either. Thoughts? Thanks. Apple claims they...
by dspencer
Thu May 03, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in freefall

And the advantage of that would be? If your knowledge and skill is so great you know what to buy and when why not just day trade? Why just restrict yourself to dividends? :shock: The only two reasons I could see to turn off auto reinvestment is, 1. I need the money (retired), or 2. I want to rebala...
by dspencer
Thu May 03, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153639

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

This issue will never get resolved until the number of complaints by U.S. owners gets much larger, and that's going to take some time because people just don't check their oil and/or aren't aware there's an issue yet. ...The CRV beta-testers with the 2017 and 2018 models are on their own. I have be...
by dspencer
Thu May 03, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in freefall

Am I the only one that is experiencing a sense of relief over the last few months? I can't predict the future, but I would rather have this up and down activity that amounts to a roughly flat market than a continued run-up and then huge crash. It's seems much healthier to have a "correction" now wh...
by dspencer
Thu May 03, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in freefall

And the advantage of that would be? If your knowledge and skill is so great you know what to buy and when why not just day trade? Why just restrict yourself to dividends? :shock: The only two reasons I could see to turn off auto reinvestment is, 1. I need the money (retired), or 2. I want to rebala...
by dspencer
Thu May 03, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922929

Re: U.S. stocks in freefall

Am I the only one that is experiencing a sense of relief over the last few months? I can't predict the future, but I would rather have this up and down activity that amounts to a roughly flat market than a continued run-up and then huge crash. It's seems much healthier to have a "correction" now whi...
by dspencer
Thu May 03, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153639

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I have a 2017 CRV with under 6,000 miles so I haven't had the oil changed yet. I checked the oil and it appears slightly above the fill line, but not up on the metal. I agree that with such thin oil it's a bit hard to read. I also never checked it initially to know if it was slightly overfilled to s...
by dspencer
Wed Feb 07, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25740

Re: Bitcoin in Freefall

A valid question. Many of the up-and-coming projects have the value of the coin tied to the project’s real world adoption/success in some way, as opposed to just being a “currency” and nothing else like BTC and it’s derivitaves. How can something that is infinitely replaceable have any value? No on...
by dspencer
Tue Feb 06, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25740

Re: Bitcoin in Freefall

I suppose it’s like the dot com bubble in that sense. Anyone can create a website, but many of them aren’t particularly useful. But, after the crash, companies with actual use rose from the ashes and many are giants today. I think cryptos will see something similar. BTC has fallen to where it was i...
by dspencer
Tue Feb 06, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25740

Re: Bitcoin in Freefall

What happens if no miner wants to sell at less than $5,000, and nobody wants to buy at more than $3,000? Does the posted "market price" at places like coindesk continue to show a fictitious $5,000, with the only indication that it's not real being a transaction volume of zero? Isn't the "market pri...
by dspencer
Fri Dec 22, 2017 4:29 pm
Forum: Personal Investments
Topic: Why own VTABX/BNDX now?
Replies: 3
Views: 1309

Re: Why own VTABX/BNDX now?

You have the wrong figure for yield to maturity for the international bond index fund. Vanguard lists 0.8%, not 2.1%—the higher figure is the average coupon. There shouldn't be that huge a gap between YtM and the SEC yield, and there isn't. The municipal bond market is narrower and less diversified...
by dspencer
Fri Dec 22, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25740

Re: Bitcoin in Freefall

Ok, I was assuming a logarithmic chart. I'm going to drop from this thread because it's really not being productive for anyone, but before leaving I feel I have to share for all the people who will come and say "wow, what a massive drop in this chart!", this crash doesn't look any different than al...
by dspencer
Fri Dec 22, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25740

Re: Bitcoin in Freefall

My point still stands: why shout out on bogleheads "I knew the end was coming and it finally came!" like many are doing right now, when what in reality seems to be happening is just a liquidity issue causing a 20% crash which is mostly irrelevant considering the growth of the asset YTD? Wait until ...
by dspencer
Fri Dec 22, 2017 3:21 pm
Forum: Personal Investments
Topic: Why own VTABX/BNDX now?
Replies: 3
Views: 1309

Why own VTABX/BNDX now?

As part of my transition from Betterment to Vanguard I have a small position in Vanguard Total International Bond Fund (BNDX/VTABX/VTIBX). I know there have been some discussions about why it may or may not make sense to own international bonds in general. However, I'm more curious as to whether the...
by dspencer
Fri Dec 08, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1005
Views: 266642

Re: Share your net worth progression

I've always been a record keeper on this stuff and it is great to have a place to share. The rest of the story is (most often) two earners, four kids including one with special needs, an inclination toward saving, investing in equities and staying the course. 1990 $57K age 29 1991 $94K 1992 $141K 1...
by dspencer
Tue Nov 28, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation [in market crash]
Replies: 38
Views: 3392

Re: Asset Allocation [in market crash]

I absolutely agree there is no way to anticipate a crash. But once a crash occurs, should we anticipate a recovery? If I were closer to retirement I would have a good portion in Bonds. If a crash occurred, wouldn’t I want to favor stocks temporarily? Whether the bounce back is 1 or 10 years. In my ...