Search found 287 matches

by carguyny
Fri Aug 17, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: Best (most practical, low cost) Luggage for Airline Travel
Replies: 33
Views: 1738

Re: Best (most practical, low cost) Luggage for Airline Travel

Thinking a bit outside of the usual luggage store fare, consider looking at the Osprey brand. Found at outdoors stores (for example REI) their travel luggage line has many sizes and styles, is very lightweight, very rugged, designed with good features, and reasonably priced. We have an Osprey bag t...
by carguyny
Fri Aug 17, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 20
Views: 978

Re: Quant / Financial Technology Job Opportunities / companies in New York City

Best advice would be for him to start algo trading now and show a great track record of success. You need to stand out, show you've got what it takes. Uhmmm really. :?: These folks are numbers, modelling, probability and theoretical folks, will see/ Just my view as a Quant trained Fund Manager - ev...
by carguyny
Fri Aug 17, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 20
Views: 978

Re: Quant / Financial Technology Job Opportunities / companies in New York City

Best advice would be for him to start algo trading now and show a great track record of success. You need to stand out, show you've got what it takes.
by carguyny
Sun Aug 12, 2018 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7110

Re: Moving from Vanguard to Fidelity

It seems crazy to me to switch to Fidelity for a few basis points on index funds. Check out their money market and bond funds. Lot more expensive than Vanguard. Lot more “hard sell” at Fidelity. Fidelity is a private company. It is in business to make a profit and to look out for the interest of it...
by carguyny
Sun Aug 12, 2018 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7110

Re: Moving from Vanguard to Fidelity

I'm not sure why people keep saying you can't have Admiral shares at Fidelity. I've not tried to transfer any in, but we just added a Vanguard Admiral fund to our workplace 401k that has been with Fidelity for years. So given they can indeed sell them and we pay $0 for the purchase in the 401k, I wo...
by carguyny
Sat Aug 11, 2018 10:31 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8333

Re: The Bigger Story: Fidelity Expense Ratios

An interesting question for a Vanguard rep would be "can I change my Admiral shares to Investor shares before I transfer them to Fidelity?" Curious whether Vanguard would allow that. I saw one article (which I can't find now) that said the restriction on non-Vanguard firms holding Admiral shares is...
by carguyny
Sat Aug 11, 2018 5:32 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 350
Views: 22760

Re: Invest in Tesla?

Self driving car white paper follows. I think I saw a principal in the company suggest $4000 price target next 5 years http://research.ark-invest.com/hubfs/1_Download_Files_ARK-Invest/White_Papers/Self-Driving-Cars_ARK-Invest-WP.pdf?hsCtaTracking=e1ba6de4-092d-49d3-96f1-4842a8352a59%7C6b53c09b-7846...
by carguyny
Fri Aug 10, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8333

Re: The Bigger Story: Fidelity Expense Ratios

I have to wonder if this is "The Bigger Story": Family First How the owners of Fidelity get richer at everyday investors’ expense By Tim McLaughlin Filed Oct. 5, 2016, noon GMT The billionaire Johnson clan has a private venture capital arm that competes directly for lucrative deals with the Fidelit...
by carguyny
Wed Aug 08, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 350
Views: 22760

Re: Invest in Tesla?

The other manufacturers will have to be dragged kicking and screaming into electric vehicles, no matter how many models they promise, concept artwork they release, etc. Mitsubishi, Nissan, Ford, and Volvo all had regular production EV's on the market before Tesla (not counting the original roadster...
by carguyny
Wed Aug 08, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: 3 weeks in Australia
Replies: 21
Views: 1167

Re: 3 weeks in Australia

If your wife is a big into wine consider skipping Adelaide and making the trip over to Perth. To me the most memorable and remarkable intinery would be arrive in Sydney for a few days. Do Uluru and Kakadu then head to Perth for Swan Valley wine region. Finish up with a trip to Ningaloo Reef. This sh...
by carguyny
Tue Aug 07, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: Whole house generator
Replies: 31
Views: 1733

Re: Whole house generator

Just keep in mind that Nat Gas pipelines are increasingly relying on electricity for gas compression and processing. There is an increasing probability that in a severe power failure that the gas supply is compromised. In recent years, due to increased nat gas power generation, regional transmission...
by carguyny
Tue Aug 07, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 350
Views: 22760

Re: Invest in Tesla?

This means TSLA in play. I suspect that some serious number crunching now being done by likes of Apple, Google, and legacy auto makers like Daimler Benz and Volkswagen. Not to mention unknown Chinese or Japanese companies. We live in interesting times. There's nothing of value in Tesla for most of ...
by carguyny
Fri Jul 27, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Decision for Stay at Home Wife?
Replies: 84
Views: 3337

Re: Decision for Stay at Home Wife?

We have a fantastic Nanny and my wife works at a Bulge Bracket firm. My wife says all the time that our Nanny does a much better job and her and she appreciates the time with the kids more. She had 5 months maternity leave with each kid, so got to experience the stay at home life and it wasn't for h...
by carguyny
Thu Jul 26, 2018 6:10 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 10749

Re: Facebook stock in freefall! (20% drop in 1-day)

There are 48 analysts following FB. These are the people who know details of their business better than Zuckerberg. If anyone knows, it's them. Before earnings report they gave the following signals: 44 BUY 2 SELL 2 HOLD I am not a math genius, but that is a catastrophic miss! Earnings came in at a...
by carguyny
Thu Jul 26, 2018 7:19 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 350
Views: 22760

Re: Invest in Tesla?

Tesla is the most difficult of all stocks to trade in my opinion. I've done it a couple of times but the market sentiment is more difficult to read than any other stock. Most people that love their Tesla buy the stock, Musk has a huge position. Other insiders have a very large position then you have...
by carguyny
Wed Jul 25, 2018 7:04 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2099

Re: How much car can I buy?

Given you can't afford it monthly, I assume you're liquidating assets to buy it? Honestly, spend as little as possible until you get your lifestyle back in check. I would be concerned the costs of kids increase in the future and you're pulling money from savings in your primary saving period. I'm al...
by carguyny
Fri Jul 20, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13313

Re: Should I Dump a Pile of Money on Young Son?

Congrats on raising a great kid - I hope mine ends up with the same great judgement (he's only 4!). I'm going through a lot of the same situation now as we're set and looking at a lot of estate taxes as we keep working. I begrudgingly set up a UTMA which is highly likely to be well north of $1m when...
by carguyny
Wed Jul 18, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: $500k Term Life- get new policy?
Replies: 14
Views: 870

Re: $500k Term Life- get new policy?

I'm a only 41, but higher NW and I've won the game. I'm still working because I don't have a cheap hobby to occupy the time. My son is only 4. I'm about to buy another 20 year policy and name the guardian of my son and his trust 50/50 beneficiaries if my wife has also passed. I don't want his guardi...
by carguyny
Wed Jul 18, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 350
Views: 22760

Re: Invest in Tesla?

Yes, at 258 on March 28. Did you? And if trading, did you sell at the peak of 370 on June 18? Today it's 322. Invest in Tesla? I am learning of this "Shorting a stock". So some posters on Mar 28 told OP to short Tesla. based on inbox788 posting, stock price was 258. All those that shorted (if that ...
by carguyny
Wed Jul 18, 2018 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 3821

Re: Buy a vacation home while renting

Your actual post tax, non-retirement liquid net worth is $50k. Terrible decision to put 100% of it into a highly levered vacation home.
by carguyny
Sun Jul 15, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Affording a $1.8-2M house
Replies: 54
Views: 9368

Re: Affording a $1.8-2M house

Slow down this time around and really think through your long-term plans. You made a bad decision last year on items that were 100% knowable at the time. Are you sure you're not chasing a house/lifestyle you now think you can afford? If you're high performers, I'm sure you can figure out a work situ...
by carguyny
Sun Jul 15, 2018 6:40 am
Forum: Investing - Theory, News & General
Topic: Opinions on this new fund: suitability for EM small and value
Replies: 22
Views: 3970

Re: Opinions on this new fund: suitability for EM small and value

I was recently looking at this as I'm considering replacement for DFA EM Small Cap Fund (DEMSX) and I thought First Trust Emerg Mkts SC AlphaDEX ETF (FEMS) looked the most interesting - especially given the factor loads.

Haven't made the switch yet, but probably will soon.
by carguyny
Thu Jul 12, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: Selling Treasuries before maturity
Replies: 11
Views: 1216

Re: Selling Treasuries before maturity

Spreads on Interactive Brokers are much more reasonable, but you pay a very small commission. Fidelity, Vanguard and Schwab are making their money in the spreads. Commission is $5, but it gets you north of $250k in bonds for $5. (0.002 cents per Bond). Right now I don't see a spread wider than 1.4 c...
by carguyny
Tue Jul 10, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: $860 Million ETF Trade
Replies: 16
Views: 2137

Re: $860 Million ETF Trade

SPY is the gold standard in liquidity, the 9 bps as includes a liquidity premium. If you're using an option strategy on the US market, SPY is the most liquid and best for that given the very frequent expiry dates. This year there has been days with single fund flows of $7bn+. 90-day avg vol on SPY i...
by carguyny
Wed Jul 04, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 2616

Re: Surface Pro(2017) vs 10.5" iPad Pro

As others have suggested, don't get an iPad. Terrible devices these days, very out of date with what others are doing. I recently purchased one in March for my Preschooler and having owned 4 previously in years gone by, they've just not progressed and seem to actually have gotten worse. I use a Pixe...
by carguyny
Tue Jul 03, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: How Not to be a Slave to my Wood Deck?
Replies: 37
Views: 2946

Re: How Not to be a Slave to my Wood Deck?

We did a very large synthetic deck 8 years ago. Still looks 100% brand new. We've never even washed it - rain takes care of it and it is much nicer than wood under barefeet. It looks very close to real wood as well. Expensive but wouldn't go any other direction if doing it again today.
by carguyny
Tue Jul 03, 2018 7:15 am
Forum: Investing - Theory, News & General
Topic: Advocating to not index
Replies: 28
Views: 3480

Re: Advocating to not index

I'm no longer a big Index Fund fan - I think the space has become too crowded and won't manage the next major drawdown without significant tracking error and increases in costs trying to manage liqiduity as investors flee. I now use the IB SMAs for 8 bps and hold the shares directly. The small littl...
by carguyny
Tue Jul 03, 2018 7:01 am
Forum: Investing - Theory, News & General
Topic: 59 1/2 and on my 401(k) advisory committee !!!!
Replies: 5
Views: 849

Re: 59 1/2 and on my 401(k) advisory committee !!!!

Sorry to be blunt, but if you can save 40 bps how is the current plan good? A good plan should have basic index funds at rates as good as or better than you can get directly yourself. I'm on my 401k comittee at work and I made sure we had a US Index Fund, Developed International, EM, Total Bond and ...
by carguyny
Fri Jun 29, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 103
Views: 7173

Re: Can I buy a Tesla?

Even separating the financial from the car, keep in mind that the EV market is seeing a lot of new models over the next 12 to 24 months. Model 3 would be near the bottom of the list for me with the Porsche Taycan towards the top. You also have the Volvo XC40 EV, Audi e-tron, BMW x3 EV, Mercedes EQ3,...
by carguyny
Fri Jun 29, 2018 7:08 am
Forum: Personal Consumer Issues
Topic: Anyone Tried Youtube TV Yet?
Replies: 42
Views: 4099

Re: Anyone Tried Youtube TV Yet?

Been using it since launch. Had Playstation Vue and DirectTV Now prior to it. Easily the best service of the three. As mentioned, the app is fantastic. We have a Chromecast on every TV and it has been great. We had a problem once and it turned out to be on the Google side and was resolved quickly.
by carguyny
Thu Jun 21, 2018 8:09 pm
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 69
Views: 4682

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

I know leasing isn't really popular on here, but if you don't need a lot of miles it's worth looking into. Total cost of ownership can come out significantly ahead on good deals. For example, I know from time to time you can lease an XC90 T5 for $400/mth at 10k miles/year (12k won't be much more). F...
by carguyny
Wed Jun 20, 2018 7:06 am
Forum: Investing - Theory, News & General
Topic: McKinsey: Rising corporate debt: Peril or promise?
Replies: 6
Views: 816

Re: McKinsey: Rising corporate debt: Peril or promise?

I do not own Corporate Bonds as I like my bonds for safety rather than return. There is no risk benefit to holding a basket of Corp bonds vs Treasuries. I also don't hold any MBS, agency bonds etc - just boring Treasuries. I started my career 20 years ago in Debt Capital Markets and have also been i...
by carguyny
Tue Jun 19, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: Help Buying Mens Shoes for Work and Dating
Replies: 97
Views: 8859

Re: Help Buying Mens Shoes for Work and Dating

IMO, it's less about brand and more about having a sense of style. The 4 pairs of shoes I would recommend are: 1. Espadrilles for very casual wear, beach, summer, bbq etc 2. Driving loafers for a bit more up market casual 3. Dress loafers with high Vamp for business 4. Monk straps, for great versati...
by carguyny
Sat Jun 16, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5413

Re: A vehicle that "sits up" but can't afford CRV

99% of people are confused with seating position, you want to be as low as possible looking as far out and up as possible. Look for cars with great visibility, which has nothing to do with car height or sitting up as you put it. Lots of compact SUVs I've sat in have terrible A-pillar blind spots. He...
by carguyny
Thu Jun 14, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone buying Individual Short Term Treasuries?
Replies: 19
Views: 1451

Re: Anyone buying Individual Short Term Treasuries?

I don't hold bond funds, just individual bonds. I'm at about 70 or so CUSIPs, mostly short-term. The 6/5 4 week auction cleared at 1.807%, which is great in a very high tax state like NY. Much better than having it in a bank account.
by carguyny
Thu Jun 14, 2018 7:30 am
Forum: Investing - Theory, News & General
Topic: New JUST ETF - thoughts?
Replies: 12
Views: 747

Re: New JUST ETF - thoughts?

I don't see how the can achieve truly ethical investing and still be left with 500 companies. Maybe you can argue it's incremently better? But having visited numerous factories in China and India - you need to exclude any company that makes products there. I would happily see a 20% increase in produ...
by carguyny
Sun Jun 10, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 12497

Re: MD&P just purchased X / sold Y [md&pharmacist]

Why no options or portfolio margin instead of using levered funds? How do you manage liquidity risk in a market sell off of a thinly traded fund like DXQLX? Have you factored in the costs for the underlying swaps that DXQLX to determine the full ER? This is where these strategies make their money. H...
by carguyny
Sat Jun 09, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Foreign language immersion daycare
Replies: 50
Views: 2815

Re: Foreign language immersion daycare

By the time your unborn child is an adult, the only use of speaking foreign languages will be to impress the opposite sex. Technology is already very close to making the skill obsolete. We do VCs with live translation from time to time where the software takes care of it. My team member with 5 fluen...
by carguyny
Sat Jun 09, 2018 7:37 am
Forum: Personal Consumer Issues
Topic: Porsche Macan
Replies: 28
Views: 3225

Re: Porsche Macan

You should get some form of discount on an S, Turbo discounts are a little better. We've had both an S and Turbo, much preferred the Turbo - not so much for the extra power but the fit & finish was much better. The Macan is very much a built to budget product - the materials and finish is below that...
by carguyny
Thu Jun 07, 2018 7:11 am
Forum: Personal Consumer Issues
Topic: Do you think I need FIOS Quantum Gateway router with 940Mbps speed?
Replies: 29
Views: 1930

Re: Do you think I need FIOS Quantum Gateway router with 940Mbps speed?

When I had FiOS in my area the speed was terrible. Despite being in their 300 mbs plan, when I would test using independent sites it was never more than 30 to 40. I now have a 400 mbs plan on Optimum and it tests at or very close to that number. We don't need 400 but I called them and said I was goi...
by carguyny
Wed Jun 06, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: Best insurer? Allstate vs chubb vs AAA or others
Replies: 42
Views: 3372

Re: Best insurer? Allstate vs chubb vs AAA or others

Have Chubb here, we're HNW which sadly, it means you're a bit of a target - my wife is being sued by a "friend" in a liability case. Chubb has been fighting it for 3 years now without us having to do or worry about a thing. I would call it a true outsourced claim solution.
by carguyny
Tue Jun 05, 2018 7:01 am
Forum: Investing - Theory, News & General
Topic: Dilemma: what if companies stopped going public?
Replies: 27
Views: 2831

Re: Dilemma: what if companies stopped going public?

Some observations as a professional investor, the market has definitely moved since 2008. Largely independent on 2008 but to me the main items are: 1. Mutual Funds generally are going earlier, which is decreasing the need for successful companies to go public. You look at Ubers share holders and it ...
by carguyny
Mon Jun 04, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Chase sapphire reserve versus BOF premium rewards
Replies: 48
Views: 6649

Re: Chase sapphire reserve versus BOF premium rewards

Make sure you're not letting points/rewards cloud other benefits. The best card for me by has been the Citi Prestige for the 4th night free hotel benefit - so far I've had 4 nights free on it this year at 5* hotels worth thousands. For example, I just booked a 4 night stay in Rome which through Cit...
by carguyny
Sat Jun 02, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Chase sapphire reserve versus BOF premium rewards
Replies: 48
Views: 6649

Re: Chase sapphire reserve versus BOF premium rewards

Make sure you're not letting points/rewards cloud other benefits. The best card for me by has been the Citi Prestige for the 4th night free hotel benefit - so far I've had 4 nights free on it this year at 5* hotels worth thousands. For example, I just booked a 4 night stay in Rome which through City...
by carguyny
Fri Jun 01, 2018 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8930

Re: is Having more and needing less normal?

Simplification feels good and saves a lot of time (and money). +1 - I now have 3 t-shirts, 3 polo shirts, 2 pairs of shorts, 1 pair of jeans etc. Shoes I'm down to 3 pairs, but will probably get a 4th soon. I have more cars that I have most categories of clothes. The reality is with a small enough ...
by carguyny
Fri Jun 01, 2018 10:28 pm
Forum: Personal Consumer Issues
Topic: Leasing a car in future city
Replies: 2
Views: 231

Re: Leasing a car in future city

Better to cut the deal over the phone and be working multiple dealers at the same time. I will be picking up 5 cars this year and I never show up until the deal is agreed and to picknl up the car. I just drove 900 miles in CA the last 2 days - I wouldn't get a car without adaptive cruise for la. At ...
by carguyny
Thu May 31, 2018 11:26 pm
Forum: Personal Consumer Issues
Topic: Replaced beater car, oh how ever to regain feelings of financial superiority?
Replies: 29
Views: 3491

Re: Replaced beater car, oh how ever to regain feelings of financial superiority?

If you're patient and ok with loaners/demos you can lease a new A4 for $200/mth or less. Not sure it's really a bad deal as it would include all maintenance with Audi Care. Probably not that much more than what your husband was driving when you factor in depn, running costs, insurance discounts avai...
by carguyny
Wed May 30, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: Car with best smell, pollution and noise insulation
Replies: 24
Views: 2076

Re: Car with best smell, pollution and noise insulation

Mercedes Air Balance is supposed to be very good and was aimed at high pollution markets. You can get it across most if not all of their models.

Most higher end brands have something similar.
by carguyny
Tue May 29, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: Advice on neighbor not keeping up his property...
Replies: 103
Views: 7638

Re: Advice on neighbor not keeping up his property...

Sounds like our neighbor, but the house prices are more like $1m to $3m - his being at the $1m end and us being at the $3m end. Unless there is something truly unsafe, I would ignore it. You view them as CHEAP, but perhaps they just have different expectations/living standards? Our neighbor had a po...
by carguyny
Tue May 29, 2018 7:32 am
Forum: Personal Consumer Issues
Topic: Using Air Miles and Paying Fees and Taxes
Replies: 29
Views: 1914

Re: Using Air Miles and Paying Fees and Taxes

My advice for using frequent flyer miles for travel to Europe: 1. Avoid London airports. 2. Avoid British Airways. I flew from the US to Madrid (and back) a few weeks ago using United frequent flyer miles, and the taxes and fees were less than $100. Did you fly United, or use United awards for a di...