Search found 257 matches

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: 62
Views: 3255

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: 745

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: 8343

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: 5085

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: 1297

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: 657

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: 11508

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: 2569

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: 3010

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: 1723

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: 34
Views: 2434

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: 2749

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: 6347

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: 6347

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: 8601

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: 213

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: 3376

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: 1920

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: 7429

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: 1835

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...
by carguyny
Mon May 28, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: German Bonds: a virtually riskless bet for an Italian investor, with no downside and a big upside possible?
Replies: 92
Views: 5439

Re: German Bonds: a virtually riskless bet for an Italian investor, with no downside and a big upside possible?

Can you set up an Interactive Brokers account? I hold different currencies in it and the rates aren't bad - you can pick when you buy and sell the FX as well. I won't retire in the US so I use it to hold currency of where I will retire and buy ETFs listed in that market/currency. https://www.interac...
by carguyny
Fri May 25, 2018 9:26 pm
Forum: Personal Consumer Issues
Topic: Rowing machine
Replies: 32
Views: 2533

Re: Rowing machine

I rowed many years ago now, have always had a rowing machine at home. I love the Slider Dynamic, have owned a Concept 2 and Water Rower before it - it is easily the best. Takes a little to get used to if you're a novice, but worth the effort. http://sliderdynamic.com/slider.html If you can find one ...
by carguyny
Thu May 24, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13927

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

Assume the market and your portfolio drops 50% and you're also out of a job. What feels better? $600k in stocks and $0 income with no mortgage or $700k in stocks and $0 income with a mortgage payment. You could also adjust your AA and get to a place you're comfortable with but every $ in stocks you ...
by carguyny
Tue May 22, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: Bond Yields and Federal Funds Rate
Replies: 30
Views: 2637

Re: Bond Yields and Federal Funds Rate

The fed dot plot drives the longer-end of the curve. You need to have a look at the correlation between it and the 5/7/10s.

Take a look at page 3 here from the March meeting:
https://www.federalreserve.gov/monetary ... 180321.pdf
by carguyny
Mon May 21, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: What are downsides of ESPP @ 15% discount ?
Replies: 41
Views: 2973

Re: What are downsides of ESPP @ 15% discount ?

I have a lot of friends that were at Lehman when it went under - many were taking advantage of stock plans, many were granted options as compensation... I'm a big risk taker, just today I purchased some SPY put options, SMH put options, shorted the SPY as well for a quick gain etc. But I would neve...
by carguyny
Mon May 21, 2018 7:28 pm
Forum: Investing - Theory, News & General
Topic: What are downsides of ESPP @ 15% discount ?
Replies: 41
Views: 2973

Re: What are downsides of ESPP @ 15% discount ?

I have a lot of friends that were at Lehman when it went under - many were taking advantage of stock plans, many were granted options as compensation. All of them were out of a job at the worst possible time, when the entire industry was down it was very hard for many of them to find new roles. Some...
by carguyny
Mon May 21, 2018 6:50 am
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 114
Views: 12230

Re: done with Gmail

I second the up-thread recommendation of Proton Mail. Web-based, easy to configure, and, by all appearances, very secure. It also has traditional filter-to-folders capabiity if that's what you like. Gmail's label system is not my cup of tea. Except protonmail will not allow a password reset without...
by carguyny
Sat May 19, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Would you send your children to private school in my situation?
Replies: 93
Views: 6394

Re: Would you send your children to private school in my situation?

However, I truly believe you can make better lifelong business connections at a high end private school. Not a mediocre one though. This is a real consideration, but sort of fate if it happens or not. I just saw an interview with a rabbi who was Zuckerberg room mate at Harvard. When asked why he di...
by carguyny
Sat May 19, 2018 5:50 am
Forum: Personal Finance (Not Investing)
Topic: Would you send your children to private school in my situation?
Replies: 93
Views: 6394

Re: Would you send your children to private school in my situation?

What do your kids want and what do you want for them? My wife and I toured one of the top private schools (top 10 in all ranking sites) in the country last year to consider sending out son there from PK-12. It's about $45k a year on average. The school was exactly what we didn't want - very traditio...
by carguyny
Fri May 18, 2018 6:27 am
Forum: Investing - Help with Personal Investments
Topic: VFITX For Entire Bond Allocation [Vanguard Intermediate Term Treasury]
Replies: 11
Views: 1314

Re: VFITX For Entire Bond Allocation [Vanguard Intermediate Term Treasury]

I'm not a fan of total bond and hold treasuries and some munis I buy directly. Some stats from 2008 saw 125 Corporate Defaulters, 24 were rated Investment grade before 2008. Largest was Lehman with $124bn of Bonds that defaulted. There were a lot more negative rating transitions due to lower earning...
by carguyny
Fri May 18, 2018 6:15 am
Forum: Investing - Help with Personal Investments
Topic: Intermediate Term Treasury vs Tax Exempt Fund
Replies: 29
Views: 2611

Re: Intermediate Term Treasury vs Tax Exempt Fund

If you're game for a little complexity, buy munis directly. As an example, I purchased some 12 month maturity NY GO bonds for 1.9% YTM yesterday. Much better deal to buy munis in the secondary market than any muni funds.
by carguyny
Thu May 17, 2018 8:13 pm
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 2695

Re: What would you do? takes 6 months to fix a Tesla Model S

Better insurance would help you out next time - I have my policies with Chubb and they provide $10k per event, no daily limit just needs to be a comparable car (Make and Model) that you rent. No point paying for nice cars if they're going to be out of commission for long periods of time when being r...
by carguyny
Sun May 13, 2018 6:08 am
Forum: Investing - Help with Personal Investments
Topic: Semi-windfall for a long-time Boglehead
Replies: 23
Views: 3062

Re: Semi-windfall for a long-time Boglehead

The investment has a market value, what it lacks is liquidity. I run a PE fund and I can give you a share value for every single class of shares in every single portfolio. Any institutional investor in the company would be able to give you the same - ours are audited every 6 months. Who has done dil...
by carguyny
Sat May 12, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Semi-windfall for a long-time Boglehead
Replies: 23
Views: 3062

Re: Semi-windfall for a long-time Boglehead

Is there an institutional investor/Board of the company? They should have an FMV of all types of shares today to recommend the deal to shareholders. If not, easy to calculate with an NPV model and expected outcome - it is much easier now that a deal has been signed vs a growth business only. Do you ...
by carguyny
Sat May 12, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: short term investment
Replies: 18
Views: 1317

Re: short term investment

If you’re willing to take a little risk, Mercedes Benz Financial First Class Demand Notes are paying 2.6% That’s the best I’ve found on demand deposits. Only available to accredited investors and NOT FDIC insured https://firstclassdemandnotes.com 2 year treasuries are at 2.57% - significantly lower...
by carguyny
Fri May 11, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Another new car question (BMW i3)
Replies: 19
Views: 863

Re: Another new car question (BMW i3)

Lease the i3, don't buy. If you find a 2017 still on the lot you should be able to do it for about $100/mth. That's about all the car is worth to be honest. We have one and it just isn't a good car on the freeway so it really only gets used around town. Ours is a 2015 REX and range in winter is abou...
by carguyny
Fri May 11, 2018 6:57 am
Forum: Personal Consumer Issues
Topic: New Car Suggestions: BMW Crapping Out
Replies: 61
Views: 5572

Re: New Car Suggestions: BMW Crapping Out

5 years is about what I would expect from a modern BMW - really just designed for a 3 year lease and then selling high margin parts for things that should have been done during the included maintenance period but are deliberately not. If you don't need larger stay smaller. Volvo XC40 is a great pack...
by carguyny
Tue May 08, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: Which City to spend 4-6 weeks?
Replies: 47
Views: 4644

Re: Which City to spend 4-6 weeks?

I'm a big Formula 1 fan - so for me it would be Barcelona with a mid-trip journey to Monaco to also watch the Monaco F1. I love Barcelona, could easily retire there one day.
by carguyny
Fri Apr 27, 2018 9:24 pm
Forum: Personal Consumer Issues
Topic: How can I get a passport?
Replies: 64
Views: 5878

Re: How can I get a passport?

Go online to the USPS website and make an appointment. https://tools.usps.com/go/pages/schedule-appointment/index.jsp We did it this, made an appointment, took us a grand total of 20 minutes for two passport applications. We live in a large city, and were able to make an appointment for a Saturday ...
by carguyny
Thu Apr 19, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 158
Views: 17126

Re: anyone else not liking the new cars?

theplayer11 wrote:
Thu Apr 19, 2018 5:15 pm
all the smaller suvs look the same..hate the rounded look
Volvo XC40 is a great package in this segment. Looks Ok, but smartly designed to have way more interior room than other cars of it's size.
by carguyny
Thu Apr 19, 2018 6:34 am
Forum: Investing - Theory, News & General
Topic: Goof? Prime MM, "retail," "Admiral," $5 million minimum?
Replies: 20
Views: 2862

Re: Goof? Prime MM, "retail," "Admiral," $5 million minimum?

Schwab has similar MM funds where the minimum is $1m - it really just gives access to a significant fee break. I recall Fidelity does it too, but don't remember the minimum off hand.
by carguyny
Tue Apr 17, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash back card right NOW.
Replies: 34
Views: 4170

Re: Best cash back card right NOW.

I like this combination: 1. Amex Platinum with Charles Schwab (5% travel + 25% bonus into Schwab, discounted annual fee), 2. Alliant cash back card as previously mentioned (3% going down to 2.5%) 3. Amazon Prime Visa from Chase (5% at Amazon and Whole foods - often good rolling categories) Chasing a...
by carguyny
Sat Apr 14, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4932

Re: Bull Market Timing

Looking at the MSCI All Country World Index, we've had two recent Bear Markets: 2011: A 26% correction when Europe and Japan had a double dip rescession 2015-2016: A 21% correction when China had a hard-landing If you're invested globally at market weight, this is what you've seen. Keep in mind the ...
by carguyny
Fri Apr 13, 2018 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Aren't we betting a bit too heavily on US stocks and bonds?
Replies: 34
Views: 2767

Re: Aren't we betting a bit too heavily on US stocks and bonds?

The world's economies and multinational companies are so interconnected I do not find the need to worry too much about having the exact right percentage of US:International asset allocation. The companies outside the US do business in the US. The companies in the US do business outside the US. I ha...
by carguyny
Thu Apr 12, 2018 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 97
Views: 10804

Re: Wanting to leave Fidelity

Just occurred to me what I did when I needed to add Everbank - all the other 6 bank accounts instantly linked, was just crate the transfer link inside Everbank. Near the top of your account you will see a button "Routing Number". If you click it it gives you the routing number and full account numbe...
by carguyny
Thu Apr 12, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 97
Views: 10804

Re: Wanting to leave Fidelity

Does ANYONE instantly link accounts? I've got online accounts with 3 online banks and a credit union with excellent online services. None will instantly link a bank account. Of the broker accounts I have with Fidelity, Schwab, Vanguard and TDAmeritrade, I believe TDA did an instant link to do an in...
by carguyny
Tue Apr 10, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 16166

Re: Swedroe: Look Beyond 60/40 Portfolio

2 things come to mind: 1) Quant funds performed terribly during 2007/2008 - even AQR wrote an article that is still on their website saying their not dead yet 2) Most of these alt strategies use leverage - leverage costs are going up reducing expected returns at the same time I have held a number of...
by carguyny
Tue Apr 03, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 10223

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

Many companies are already using blockchain for various uses including Vanguard. https://pressroom.vanguard.com/news/Press-Release-Vanguard-Using-Blockchain-Technology-To-Improve-Index-Data-Distribution-121217.html I'm a huge believer in decentralization, which to me is why the technology has promis...
by carguyny
Wed Mar 28, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 13827

Re: Healthy eaters -- is this grocery budget normal to you?

How many meals a day do you eat? I only eat oragnic and nothing that comes from processing. I intermittent fasting everyday only having a 6 hour eating window. The fasting is more important in my view for health than what you eat. Fish I eat is wild caught, meat is grass fed. Amazon Fresh is also a ...
by carguyny
Mon Mar 26, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: "Buying at a discount" ?
Replies: 11
Views: 1626

Re: "Buying at a discount" ?

During the latest bull-run, I have noticed lots of people saying the hope for a correction/bear to" buy at a discount". I wonder wheter lots of people were following through during the financial crisis? Because somebody who was actually buying during financial crises told me he had the feeling of b...