Search found 117 matches

by Mr.Wu
Tue May 12, 2020 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3383

Re: nice 20% insurance premium increase

You don't have to bundle home and auto insurances from one insurance company. You may get them from different insurance companies and possibly save more.
by Mr.Wu
Wed Apr 08, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6885

Re: GEICO 15% credit for auto/motorcycle renewal

I literally just renewed yesterday. Please let us know if they take care of you. They'll probably catch the discount on 10/6/2020 A full 6-month discount time-frame should catch all policy renewals. Yes that's from the FAQ. I called GEICO and the lady told me they are going through the recent renew...
by Mr.Wu
Tue Apr 07, 2020 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6885

Re: GEICO 15% credit for auto/motorcycle renewal

I literally just renewed yesterday.
by Mr.Wu
Mon Apr 06, 2020 9:33 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 74547

Re: I have COVID-19. Some thoughts.

Best wishes to you! Did they discharge patients based on negative testing or symptoms easing? Hope you recover soon!
by Mr.Wu
Fri Apr 03, 2020 1:18 pm
Forum: Personal Consumer Issues
Topic: GOOD RX...What Is It?
Replies: 37
Views: 2950

Re: GOOD RX...What Is It?

I used Good RX for generic tamiflu. The insurance price was $130 and Good RX price was $60 for one week's supply. The catch is it won't count towards my annual deductible. But who cares when you can save this much.
by Mr.Wu
Wed Apr 01, 2020 7:37 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Bogleheads community discussion - Coronavirus

Every policy response and media narrative in the country should be focussed on how the stop the virus and not what China did/did not do. Boggles my mind that we as a county are spending so much time and energy on actions of China which now have no consequence on how we contain this mess. Stop the v...
by Mr.Wu
Wed Apr 01, 2020 12:32 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Bogleheads community discussion - Coronavirus

3) Do you sincerely believe that China shut down half of her country if those numbers are real? This does not pass the smell test. KlangFool The early death numbers in Wuhan are far from complete. There were some days Wuhan only reported few or even zero new confirmed cases. It took time to recogni...
by Mr.Wu
Tue Mar 24, 2020 3:40 pm
Forum: Personal Investments
Topic: [Differences in strategies: Ramsey vs Bogle]
Replies: 60
Views: 3910

Re: Ramsey or Bogle?

I love my credit cards for cashbacks. So I will in theory never be a true Ramseyhead.
by Mr.Wu
Tue Mar 24, 2020 1:06 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 475242

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

core4portfolio wrote:
Tue Mar 24, 2020 12:05 pm
8% of my portfolio
Thanks! Sounds closer to a play money spectrum.
by Mr.Wu
Tue Mar 24, 2020 11:59 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 475242

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

How do you fit this portfolio in your asset allocation? Is it your complete portfolio, an replacement of equity portion, or your play money?
by Mr.Wu
Mon Mar 23, 2020 4:19 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 130338

Re: Masks (medical or N95) availability

Confusing info on this thread - 1. People keep saying that "everyone" (70%+) will catch COVID-19. Did 70% of China catch it? With 3,200 deaths? Their new cases have flattened since mid Feb. 70% of S. Korea with 111 deaths? Something doesn't add up. 70% is the upper bound of estimated range "in the ...
by Mr.Wu
Mon Mar 23, 2020 3:57 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 353
Views: 33866

Re: It's Not Different This Time

The unemployment rate does look dramatic and eye-opening. But it's due to "shelter at home" policies to fight the virus. Once the virus is under-control, the unemployment rate can drop in a dramatic and eye-opening magnitude as well.
by Mr.Wu
Mon Mar 23, 2020 1:40 pm
Forum: Investing - Theory, News & General
Topic: Chinese Stocks during the COVID-19 Pandemic
Replies: 95
Views: 8275

Re: Chinese Stocks during the COVID-19 Pandemic

Another interesting note is two of the three largest telecommunication companies in China recorded record losses in mobile customers in February. Approx. 12M lost mobile subscriptions. The largest loss ever was 1.8M in 2014. I have a Taiwanese coworker who says that's from dead customers. Which see...
by Mr.Wu
Mon Mar 23, 2020 12:22 pm
Forum: Personal Investments
Topic: 9 Reasons Not to Tax Loss Harvest (WCI)
Replies: 50
Views: 4339

Re: 9 Reasons Not to Tax Loss Harvest (WCI)

Also some states don't recognize net capital loss and / or capital loss carryover. So the benefits could be very little once you factor in state tax: For example, when selling at loss, tax saving could be 24% (federal only, state doesn't allow net capital loss); when sell the fund bought from TLH in...
by Mr.Wu
Sun Mar 22, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19255
Views: 2672843

Re: U.S. stocks in free fall

Hyperchicken wrote:
Sun Mar 22, 2020 9:03 pm
Asian markets are mostly in red... Aren't they supposed to be on their way up by now? Or are they too strongly correlated with US market?
In many Asian markets, red means up and green means down. :D :D
by Mr.Wu
Sun Mar 22, 2020 7:55 pm
Forum: Investing - Theory, News & General
Topic: Young investors, how do you feel about your 1st market crash?
Replies: 132
Views: 9002

Re: Young investors, how do you feel about your 1st market crash?

Many of my millennial colleagues just realized their risk appetite is much less that what the target funds suggest.
by Mr.Wu
Sun Mar 22, 2020 6:44 pm
Forum: Personal Consumer Issues
Topic: Charity during COVID-19
Replies: 14
Views: 917

Re: Charity during COVID-19

Just donated to local EMS, fire department and law enforcement. They are in crazy shortage of N95 masks to save people.
by Mr.Wu
Sat Mar 21, 2020 12:39 pm
Forum: Personal Investments
Topic: Guys I Rebalanced (Moved Monies Out Of S&P 500)
Replies: 301
Views: 18143

Re: Guys I Rebalanced (Moved Monies Out Of S&P 500)

Be greedy when others are fearful.
by Mr.Wu
Sat Mar 21, 2020 10:13 am
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 52323

Re: How Is Your Job Being Impacted By The Current Crisis?

Working at an insurance megacorp. No lay-off yet but likely will have hiring freeze. Layoffs are also possible as the stock has plunged by almost 70%.
by Mr.Wu
Fri Mar 20, 2020 8:05 pm
Forum: Investing - Theory, News & General
Topic: Chinese Stocks during the COVID-19 Pandemic
Replies: 95
Views: 8275

Re: Chinese Stocks during the COVID-19 Pandemic

For people who know better:

YANG Direxion Daily China 3x Bear Shares
FXP ProShares UltraShort China 50

You are welcome.
by Mr.Wu
Fri Mar 20, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303728

Re: Coronavirus and the market

Not sure if someone has posted this. If he is right, this rapid sell-off is mainly due to unregulated high leverage of the banks, COVID-19 was just the trigger. It could have been a mild correction, instead of bear market. https://www.cnbc.com/video/2020/03/19/watch-cnbcs-full-interview-with-chamath...
by Mr.Wu
Fri Mar 20, 2020 11:58 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303728

Re: Coronavirus and the market

The Italian stock market may have already reached bottom. It peaked on 2/19 and quickly went into a 43% drawdown by 3/12. Since then, it is up 4% and seems to be trending upward. I wonder if we will see a similar pattern in the U.S. Do you know whether the trending upward you've noticed is correlat...
by Mr.Wu
Fri Mar 20, 2020 7:53 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 475242

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

AHTFY wrote:
Thu Mar 19, 2020 8:31 pm
Mr.Wu wrote:
Thu Mar 19, 2020 4:40 pm
I am thinking to move money from Vanguard to other brokerages for this strategy. I am thinking of TD Ameritrade or Chase Youinvest. Anyone has experiences?
I recently moved money from Vanguard to Schwab. I really like Schwab for trading, at least more than Vanguard or TD Ameritrade.
Thanks!
by Mr.Wu
Thu Mar 19, 2020 4:54 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 475242

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I am thinking to move money from Vanguard to other brokerages for this strategy. I am thinking of TD Ameritrade or Chase Youinvest. Anyone has experiences? I've heard nothing good about Chase Youinvest, seems a bit half baked to me. TD Ameritrade or Fidelity would be fine. Fidelity has fractional s...
by Mr.Wu
Thu Mar 19, 2020 4:40 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 475242

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I am thinking to move money from Vanguard to other brokerages for this strategy. I am thinking of TD Ameritrade or Chase Youinvest. Anyone has experiences?
by Mr.Wu
Thu Mar 19, 2020 11:30 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303728

Re: Coronavirus and the market

Chloroquine has been tested and proved to be effective agains COVID19 in other countries a month ago. It should have been priced in.
by Mr.Wu
Thu Mar 19, 2020 11:07 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303728

Re: [Possible Covid 19 treatment] - chloroquine - how to invest

I don't know where it's produced, but China and India have been producing about 80% of our meds, and India has banned the exportation of all meds, and the last I heard was that China was considering doing the same. FDA says 88% of active pharmaceutical ingredients are made overseas, but China only ...
by Mr.Wu
Wed Mar 18, 2020 6:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19255
Views: 2672843

Re: U.S. stocks in free fall

cashboy wrote:
Wed Mar 18, 2020 6:48 pm
after looking at yet another day's negative outcomes...

i just have to say...

OUCH !

:happy
Future is up by 2.4%. Feel better
by Mr.Wu
Wed Mar 18, 2020 4:09 pm
Forum: Investing - Theory, News & General
Topic: Buy & Hold, 2 Decades Later
Replies: 8
Views: 1110

Re: Buy & Hold, 2 Decades Later

Source: Advisor Perspectives, Hmmmm....
by Mr.Wu
Wed Mar 18, 2020 3:02 pm
Forum: Personal Consumer Issues
Topic: How can bogleheads help during this crisis?
Replies: 20
Views: 1306

Re: How can bogleheads help during this crisis?

I am doubling the recommended tips when ordering grocery delivery.
by Mr.Wu
Wed Mar 18, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19255
Views: 2672843

Re: U.S. stocks in free fall

401k website is down. My employer is likely preventing employees from panic sell 8-)
by Mr.Wu
Wed Mar 18, 2020 1:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19255
Views: 2672843

Re: U.S. stocks in free fall

REIT is hit hard. NRZ is down by more than 50% today. Does the market expect many people lose their homes?
by Mr.Wu
Tue Mar 17, 2020 9:55 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Optimism amongst the panic and worry

To the extent that countries like China and SK are seeing a “leveling off”, this can only be sustained with continued draconian measures on a global scale. And such measures / restrictions will continue to tank global economic conditions and markets. “Flattening the curve” doesn’t bring the number ...
by Mr.Wu
Tue Mar 17, 2020 9:27 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Optimism amongst the panic and worry

China built surge capacity of medical supply production. But they are still overwhelmed by orders from all over the world. Many local ER/EMS employees and their families are calling for masks, hazmats, etc. I am seeing local Chinese American WeChat groups are making donations and trying to buy suppl...
by Mr.Wu
Tue Mar 17, 2020 9:06 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50418

Re: Who's buying today? where's all the "dry powder" folks at? :)

Based on the sp500 future price, tomorrow will be another buy day.
by Mr.Wu
Tue Mar 17, 2020 9:06 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50418

Re: Who's buying today? where's all the "dry powder" folks at? :)

Based on the sp500 future price, tomorrow will be another buy day.
by Mr.Wu
Tue Mar 17, 2020 2:47 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 130338

Re: Coronavirus (Consumer Issues) How you are preparing?

So if there's a lot of cases that are not confirmed, does this mean that if someone had the virus, didn't have symptoms, but was later tested, let's say a month later, they would test negative? In other words, the virus leaves your system? Does anyone know someone who has or had the virus? We proba...
by Mr.Wu
Tue Mar 17, 2020 2:12 pm
Forum: Personal Investments
Topic: Wouldn't Day Trading do well in this environment?
Replies: 47
Views: 3101

Re: Wouldn't Day Trading do well in this environment?

I know somebody day trading JNUG (junior gold minner 3x) and made big $$$ this week. But is it a good long term strategy? Is it based on luck or knowledge?
by Mr.Wu
Tue Mar 17, 2020 1:39 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Bogleheads community discussion - Coronavirus

Work from home, kids stay at home, order grocery from online shoppers.
by Mr.Wu
Tue Mar 17, 2020 8:37 am
Forum: Personal Investments
Topic: Who are getting excited with the plummeting market?
Replies: 100
Views: 10115

Re: Who are getting excited with the plummeting market?

well done. not luck, just basic knowledge of an epidemic. saved your finances. Thanks. I only swapped 30% of my stock position so it is far from saving my finances :D I just found my mental balance. I chose 30% because I could tell myself "I did something!" in hindsight. If I was wrong (like always...
by Mr.Wu
Mon Mar 16, 2020 4:15 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303728

Re: Coronavirus and the market

Posts not discussing the market are off-topic and have been removed. Please use this thread for market impacts. There are 3 threads: - Market impacts: Coronavirus and the market (this one) - Preparations: Coronavirus (Consumer Issues) How you are preparing? - Everything else: Bogleheads community d...
by Mr.Wu
Mon Mar 16, 2020 4:05 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303728

Re: Coronavirus and the market

Federal reserve used most of its ammo. Administration announced we maybe head toward recession. People are comparing the infected cases curve with Italy and other countries, and think we are doomed. Aren't they all signs that the bottom is like approaching soon, if not now?
by Mr.Wu
Mon Mar 16, 2020 3:09 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Bogleheads community discussion - Coronavirus

KlangFool wrote:
Mon Mar 16, 2020 3:06 pm
quantAndHold wrote:
Mon Mar 16, 2020 3:02 pm
Random Poster wrote:
Mon Mar 16, 2020 2:16 pm
quantAndHold wrote:
Mon Mar 16, 2020 1:54 pm
But I'm not holding my breath... :shock:
Perhaps you should???? :o
I hoped somebody would get that.
Make sure that they provide you plenty of N95 masks to do the census. Then, you do not need to hold your breath.

KlangFool
N95 respirator, lab grade goggle and latex glove
by Mr.Wu
Mon Mar 16, 2020 2:36 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Bogleheads community discussion - Coronavirus

That doesn't really answer the question though. The Chinese reported < 100,000 cases. Assuming it was 100x that, that's still only 10 million out of 1.5 billion people. What happens when everything reopens and the virus shows up again? Even if they somehow eradicated the virus in China, it seems al...
by Mr.Wu
Mon Mar 16, 2020 9:13 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Bogleheads community discussion - Coronavirus

Frightening. We need to rethink being beholden to the Chinese for critical supplies. In an article in Xinhua, the state-run media agency that's largely considered the mouthpiece of the party, Beijing bragged about its handling of COVID-19, a virus that originated in the city of Wuhan and has spread...
by Mr.Wu
Mon Mar 16, 2020 7:48 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Bogleheads community discussion - Coronavirus

What I don't understand, given that such a small percentage of those in China were officially infected, is why the virus won't just start to spread again as soon as they open things up. There wasn't enough infection to develop a herd immunity, so what stops the remaining people from just having it ...
by Mr.Wu
Thu Mar 12, 2020 10:01 am
Forum: Personal Investments
Topic: Buy Into Airlines?
Replies: 8
Views: 553

Re: Buy Into Airlines?

or oil/gas, or insurance companies, or ....
by Mr.Wu
Wed Mar 11, 2020 7:56 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193847

Re: Bogleheads community discussion - Coronavirus

I found these 2 interesting: 1) Why MERS and COVID-19 started in China (wet wildlife markets): https://www.youtube.com/watch?v=TPpoJGYlW54 2) A perspective from an epidemiologist: https://www.youtube.com/watch?v=E3URhJx0NSw This is the first time I hear MERS started in China. Do you mind sharing th...
by Mr.Wu
Wed Mar 11, 2020 3:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Take On This Global Bear Market
Replies: 59
Views: 6172

Re: Vanguard's Take On This Global Bear Market

Wash hands, keep distance and stay the course.
by Mr.Wu
Wed Mar 11, 2020 2:16 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303728

Re: Coronavirus and the market

The prepare for corona virus thread is real treasure. Today (3/11) I finally saw way more "this is serious" dudes than "it's just a flu" guys. Particularly one vocal "it's just a flu" guy claimed he hoarded masks and other supplies for his or her parents. This is a strong BUY sign! Don't get me wron...