Search found 1063 matches

by deltaneutral83
Fri Apr 19, 2019 2:55 pm
Forum: Investing - Theory, News & General
Topic: American Funds vs Vanguard
Replies: 69
Views: 4004

Re: American Funds vs Vanguard

Europacific Growth Fund has destroyed Vanguard Total International since inception. Can't believe people drove past this but this fund is 16/26/48 on the top line and VTIAX is 26/26/23. Growth has done well the last ten years, these two funds are apples to oranges. Much in the same way Merriman and...
by deltaneutral83
Fri Apr 19, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14105

Re: In Laws Retirement Nest Egg

Just curious, would this be a two way street in that a parent inquires (for a host of reasons, some mentioned in this thread) about an adult child's finances and the child responds with "stay out of my financial business when you aren't invited." Of course - that happens all the time! Understood, s...
by deltaneutral83
Fri Apr 19, 2019 10:44 am
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 44
Views: 3385

Re: Fire my financial advisor now or later? (recent windfall help needed)

She said VTI/VTSAX wasn't tax efficient? LOL, ruuuuuuuuuuuunnnnnnn!
by deltaneutral83
Fri Apr 19, 2019 8:17 am
Forum: Investing - Theory, News & General
Topic: American Funds vs Vanguard
Replies: 69
Views: 4004

Re: American Funds vs Vanguard

Europacific Growth Fund has destroyed Vanguard Total International since inception. Can't believe people drove past this but this fund is 16/26/48 on the top line and VTIAX is 26/26/23. Growth has done well the last ten years, these two funds are apples to oranges. Much in the same way Merriman and...
by deltaneutral83
Thu Apr 18, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14105

Re: In Laws Retirement Nest Egg

Bingo! My wife and I have a lot more money than the retirees in question. And I have no worries about being able to support ourselves in any foreseeable scenarios. But if either of my sons or their significant others expressed concerns about my retiring, or suggested that I should get a part-time j...
by deltaneutral83
Thu Apr 18, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: AC went kaput, Sketchy quotes. Time to think Geothermal?
Replies: 19
Views: 2207

Re: AC went kaput, Sketchy quotes. Time to think Geothermal?

NHRATA01 wrote:
Thu Apr 18, 2019 7:44 am

I think you made a good choice and did well.

For comparison I had to install a new 4ton unit 2 springs ago, it was 4200 for the condenser, air handler, lineset and some miscellaneous parts. Install was 3k.
$3k for installation, did it take more than a day?
by deltaneutral83
Thu Apr 18, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 33
Views: 1784

Re: Marriage and Student Loans

See, I agree with a lot of this. But #3 is kind of out of line. Maybe it's because I grew up in a poor rural area, but taking out a load of student loans on the prospect of potentially making it out and earning a decent income at some point in your life beats the heck out of the otherwise abysmal j...
by deltaneutral83
Wed Apr 17, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14105

Re: In Laws Retirement Nest Egg

The core value I was referring to is that of hard work, saving, self sufficiency and not relying on children or the taxpayer to step in if you have not planned properly Your in-laws have displayed hard work, saving, and self-sufficiency. They're in the 90th percentile of wealth. Many cultures have ...
by deltaneutral83
Wed Apr 17, 2019 2:45 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 97
Views: 6347

Re: After financial independence, do you play credit card bonus games?

Surprised a lot of BH don't get with BoA/Merrill for their rewards card that's 2.625% on anything and 3.5% for dining/travel. Very straightforward cashback card and all you have to do is house $100k with BoA/Merrill combined. The $95 annual fee comes with $100 in airline incidentals refunded. It fac...
by deltaneutral83
Wed Apr 17, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: Career Advice: Is active management really dying?
Replies: 28
Views: 3105

Re: Career Advice: Is active management really dying?

Does the book of business just get handed over, what incentive does the lead FA have to just hand you a book of $700M? Do you have to buy him out which is usually a year's revenue so $700k (at 1%). More details are needed. Financial plans are not one time events. Life happens (death of family member...
by deltaneutral83
Wed Apr 17, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: umbrella insurance negative cost?
Replies: 10
Views: 1085

Re: umbrella insurance negative cost?

Just tagging a question onto this. I got my quote for umbrella insurance($1mil liability), and between that and my car insurance(which also has to increase from increased liability), the premium difference is $700/year. Is this crazy high, because from what I've read it seems like it is? 16 year ol...
by deltaneutral83
Wed Apr 17, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14105

Re: In Laws Retirement Nest Egg

Fourwaystreet - In terms of the health concerns, I meant that in the context of preventing them from getting a Long Term Care policy, not anything that would prevent them from working. I think the reason they denied him was because of a recent cortisone shot in his knee. No clue why that would prev...
by deltaneutral83
Wed Apr 17, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: umbrella insurance negative cost?
Replies: 10
Views: 1085

Re: umbrella insurance negative cost?

Just tagging a question onto this. I got my quote for umbrella insurance($1mil liability), and between that and my car insurance(which also has to increase from increased liability), the premium difference is $700/year. Is this crazy high, because from what I've read it seems like it is? 16 year ol...
by deltaneutral83
Tue Apr 16, 2019 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 76
Views: 9613

Re: Do not use Personal Capital

So OP clicked "Yes" on the terms and is now badmouthing the company he gave access to? Amusing. One's information is likely with 30+ institutions out there if you're above the age of 30, I wouldn't worry about security unless you think there's something you can do, all it takes is one breach. The ca...
by deltaneutral83
Mon Apr 15, 2019 4:01 pm
Forum: Personal Consumer Issues
Topic: Women, How Much Do You Pay for Haircut
Replies: 77
Views: 3985

Re: Women, How Much Do You Pay for Haircut

Yearly cuts add up to the price of the average BH's 18 year old Corolla.
by deltaneutral83
Mon Apr 15, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: volunteering to teach financial literacy basics
Replies: 27
Views: 1332

Re: volunteering to teach financial literacy basics

The type of people I'm talking about helping are poorly educated (high school dropouts with shaky math and writing skills) who are particularly prone to getting the short end of the stick from sophisticated lenders (car dealers, appliance stores, banks, etc) and making ill-informed financial decisi...
by deltaneutral83
Sun Apr 14, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Next Financial Move, advice needed
Replies: 2
Views: 533

Re: Next Financial Move, advice needed

The first thing I would do is redirect any and ALL contributions you'are making in your ESPP to funding Roth's. Then I'd play the balancing act of the amount above the match(es) in your respective 401k's to get as much of my money "home" into the Roths at 12% marginal tax rate without cramping lifes...
by deltaneutral83
Sun Apr 14, 2019 12:45 pm
Forum: Personal Investments
Topic: Zero Fees: Fidelity Lower than Vanguard
Replies: 10
Views: 871

Re: Zero Fees: Fidelity Lower than Vanguard

Due to the tax efficiency, I still use VG index funds in taxable. If I used ETFs, I would use ishares ITOT and IXUS instead. In tax deferred accounts I prefer balanced funds (target date funds) due to behavioral issues and less tinkering and if I were at Fidelity - I would use their index freedom T...
by deltaneutral83
Sat Apr 13, 2019 7:38 am
Forum: Personal Investments
Topic: pros and cons for rollover to tIRA or other 401k from previous employer
Replies: 71
Views: 2843

Re: pros and cons for rollover to tIRA or other 401k from previous employer

One of the biggest cons of rolling over 401ks is that you will be uninvested for some period of time. Your old 401k assets are first liquidated, then the company sends you a check, then you have to send that check to the new 401k provider, then it gets deposited, then you select the investments. Th...
by deltaneutral83
Fri Apr 12, 2019 3:12 pm
Forum: Personal Investments
Topic: My advisor VS Vanguard's PAS
Replies: 70
Views: 4596

Re: My advisor VS Vanguard's PAS

My current advisor charges us a fee of 0.50%. And the average, weighed expense cost across all of our stock and bond investments (a 70/30 ratio) is 0.35%. Over the past ten years, 3/31/2009-3/31/2019, our average net return is 8.5%. (So, a 9.35% gross return minus 0.85% fees/cost) You didn't mentio...
by deltaneutral83
Fri Apr 12, 2019 11:16 am
Forum: Personal Investments
Topic: Are my 401k fees ridiculously high?
Replies: 32
Views: 2230

Re: Are my 401k fees ridiculously high?

I'd encourage you to participate and contribute the maximum you can afford. The automation of 401K contributions from payroll deduction is a stealth way to accrue wealth. I have never seen a 401K plan that has both a flat monthly fee and quarterly fee. That doesn't sound right. I've also never seen...
by deltaneutral83
Fri Apr 12, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Seller's Agent - Tiered Commission structure?
Replies: 15
Views: 1082

Re: Seller's Agent - Tiered Commission structure?

If a buyer comes with no agent, won't they expect you to discount the price by some significant portion of the buyer's agent's commission (and perhaps expect that to come out of the total 5% commission in the contract with the seller's agent)? And what happens to the listing contract that says the ...
by deltaneutral83
Fri Apr 12, 2019 8:06 am
Forum: Personal Investments
Topic: Any charges for DRIP at Merrill?
Replies: 8
Views: 417

Re: Any charges for DRIP at Merrill?

I never participate in DRIP programs. But I do know that the fees for DRIP programs normally come when you transfer out or sell all shares of the stock/ETF. Some brokers take a percentage of the fractional share value. I don't know about Merrill. Send a secure message. It's $13 per million and I be...
by deltaneutral83
Thu Apr 11, 2019 4:04 pm
Forum: Personal Investments
Topic: Any charges for DRIP at Merrill?
Replies: 8
Views: 417

Re: Any charges for DRIP at Merrill?

You do not pay for the DRIP feature but for a host of reasons, plenty of BH do their own manual reinvesting and have the divs set to cash. I can't imagine a broker charging (at least openly :D ) to use the DRIP feature.
by deltaneutral83
Thu Apr 11, 2019 7:54 am
Forum: Personal Investments
Topic: pros and cons for rollover to tIRA or other 401k from previous employer
Replies: 71
Views: 2843

Re: pros and cons for rollover to tIRA or other 401k from previous employer

I'm a little confused. When you roll a 401k to a traditional IRA, is all the traditional IRA monies not in one account? So could you essentially just contribute the $6,000 into the tIRA and then convert any amount you wish to the Roth? ETA- Just googled, I guess 401k monies go into a separate "rollo...
by deltaneutral83
Wed Apr 10, 2019 12:48 pm
Forum: Personal Investments
Topic: Borderline too high 401k fees?
Replies: 21
Views: 1048

Re: Borderline too high 401k fees?

0.59 bps ER on the s&p and 1.1% AUM puts you in the danger zone of just going taxable. Someone in your management or the firm your company uses is cleaning up on those fees.
by deltaneutral83
Tue Apr 09, 2019 4:08 pm
Forum: Personal Investments
Topic: When to sell a Dud
Replies: 18
Views: 1239

Re: When to sell a Dud

Keep some of it in your account so that the "crime scene" red and the "60% LOSS" in the unrealized gain/loss tab is visible to you upon each and every login so you have a daily reminder that you have no business picking single stocks ever again. Works for me.
by deltaneutral83
Tue Apr 09, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Buying and Reselling Used Car Every Year as a Used Car Buying Strategy?
Replies: 21
Views: 1377

Re: Buying and Reselling Used Car Every Year as a Used Car Buying Strategy?

i think most people dread the process of buying a car (new or used) and avoid it rather than seek it out. Yes! Timing of sale and purchase can be a challenge as well. In our case, for example, we have two cars and it would be somewhat inconvenient to have only one for any extended period of time. S...
by deltaneutral83
Tue Apr 09, 2019 1:16 pm
Forum: Personal Investments
Topic: HSA in NJ -- is it worth it?
Replies: 14
Views: 809

Re: HSA in NJ -- is it worth it?

I mean, even if you're AA is 100/0 because you're young what's the real problem with a TSM/Intl TSM that has dividends in the 1.8% range for HSA's in the states not recognized? We're talking $250 in extra tax burden a year and that's if your HSA balance is over $200k which would essentially mean you...
by deltaneutral83
Tue Apr 09, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Buying and Reselling Used Car Every Year as a Used Car Buying Strategy?
Replies: 21
Views: 1377

Re: Buying and Reselling Used Car Every Year as a Used Car Buying Strategy?

Over the years, I have known several folks who buy a car at one of these car auction places. Keep the car for a while, sell it and repeat. Yep, it's not that complex, and it's not abstract either. I can quantify the amount of time I spend and the money I save rather easily. Finding a car that is mo...
by deltaneutral83
Tue Apr 09, 2019 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18463

Re: Wife hates new job...wants to quit after 1 day

One of the job skills I most clearly look to identify in people is how they adapt to these specific situations. Potentially quitting this scenario as it is described after one day or even on e week tells me a lot. Lot's of foolish pride if this is indeed the case. If it is just venting, then that's ...
by deltaneutral83
Sun Apr 07, 2019 9:43 am
Forum: Personal Finance (Not Investing)
Topic: "Worried about being pushed into 'higher tax bracket' "
Replies: 25
Views: 1979

Re: "Worried about being pushed into 'higher tax bracket' "

Tlmlb wrote:
Sun Apr 07, 2019 9:11 am
Isn't it obvious? People think tax brackets operate like a cliff vs. stair steps.
Income taxes yes. How that affects Medicare/ACA is indeed a cliff.
by deltaneutral83
Sun Apr 07, 2019 8:53 am
Forum: Personal Finance (Not Investing)
Topic: How Much Term Life Insurance?
Replies: 56
Views: 3230

Re: How Much Term Life Insurance?

Still, the cost of insuring me for full lifestyle replacement cost was too high. We insured me for $500,000 on a 20 year term plus whatever coverage I get through work (varies) which will not pay for them to stay in the VHCOL area we live in now but will let them comfortably move elsewhere and get ...
by deltaneutral83
Fri Apr 05, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8405

Re: Married couples: can you have a team mentality with separate finances?

If this business he has was started after the marriage then OP has a lot more say in it than OP might think. I gather he just wants to make business decisions and wants to risk whatever he feels is right at whatever time that may be. Those are conversations to be had, not a simple 30 second fly by t...
by deltaneutral83
Fri Apr 05, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Anxiety about car/house purchase
Replies: 28
Views: 2859

Re: Anxiety about car/house purchase

$1.2 in a MM/no debt/$675k income really mitigates any normal automobile you could possibly purchase as far as buyer's remorse. If in fact you ever did have buyer's remorse, the realistic response you would internalize is "so what." Housing is a separate issue where just about any one can get in too...
by deltaneutral83
Thu Apr 04, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 4680

Re: What is Financial Independence (FI) in the simplest terms?

Again, my formula doesn't bake in Armageddon. Historically, 3% draw down on even a 50/50 portfolio spits out at least 6% (3% draw down, 3% inflation) while giving you tremendous stability in "half off equity" sales like 2008. Your principal will be there and it will be there adjusted for inflation,...
by deltaneutral83
Thu Apr 04, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 4680

Re: What is Financial Independence (FI) in the simplest terms?

Mathematically(?) drawing down 3% a year on a 50/50 portfolio with 25x living expenses by age 70, 35x by age 50, or 50x perpetually would be good starting points for my purposes IMO. How does that math work? If living expenses are $75K, and I'm 50, then your formula would suggest that I would need ...
by deltaneutral83
Thu Apr 04, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 4680

Re: What is Financial Independence (FI) in the simplest terms?

Mathematically(?) drawing down 3% a year on a 50/50 portfolio with 25x living expenses by age 70, 35x by age 50, or 50x perpetually would be good starting points for my purposes IMO. This all fails to incorporate the Armageddon scenario where guns/ammo/krugerrands are at a premium that so many on he...
by deltaneutral83
Wed Apr 03, 2019 10:03 am
Forum: Personal Investments
Topic: BofA / Merrill Edge is [Tempting me to] Switch from Vanguard
Replies: 49
Views: 4396

Re: BofA / Merrill Edge is Making Me Switch from Vanguard

Other firms will give out free trades at the local level. I moved just shy of $300k to TDAmeritrade and received the cash bonus. Talking with the local guy, who coded my account for the cash bonus once money was moved, he gave me free unlimited trades for 60 days. I was considering ME, but it just ...
by deltaneutral83
Wed Apr 03, 2019 9:31 am
Forum: Personal Investments
Topic: BofA / Merrill Edge is [Tempting me to] Switch from Vanguard
Replies: 49
Views: 4396

Re: BofA / Merrill Edge is Making Me Switch from Vanguard

The ME benefits are good. It's simply a way to get you over to them. Bogleheads are loss leaders for them as we are for a lot of financial firms. Free ETF trades with $100k is something I don't see any other firm matching.
by deltaneutral83
Tue Mar 26, 2019 3:04 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K
Replies: 101
Views: 13016

Re: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K

His claim that it is "easy to beat the pants off the S&P500" is clearly wrong, as his funds have failed to even match it, but simultaneously, people are also wrong to claim that he is "a sleazy crook". If he is personally profiting from his recommendations to invest in those funds, and he's not acc...
by deltaneutral83
Tue Mar 26, 2019 1:13 pm
Forum: Personal Investments
Topic: 60/40 now or closer to retirement?
Replies: 32
Views: 3589

Re: 60/40 now or closer to retirement?

In my opinion it depends of how large the 40% is at some point. If I have enough, as I define it, in the lower risk asset bucket, the so called 40%, then why not then take more risk with future investments? Why continue to amass lower risk, lower return assets at the same rate when I have already "...
by deltaneutral83
Mon Mar 25, 2019 12:36 pm
Forum: Personal Investments
Topic: Moving from Vanguard to Merrill Edge
Replies: 66
Views: 6244

Re: Moving from Vanguard to Merrill Edge

Current BofA and Merrill Edge platinum honors status. Anyone know if one could transfer assets in kind to another brokerage for a little whole then bring it back to Merrill Edge to get a bonus, as the money needs to be “new” money? Would that be something legal to do? As far as bonuses go be sure t...
by deltaneutral83
Mon Mar 25, 2019 11:19 am
Forum: Personal Investments
Topic: Moving from Vanguard to Merrill Edge
Replies: 66
Views: 6244

Re: Moving from Vanguard to Merrill Edge

The holding period is 90 days but they don't deposit the bonus usually for 180, and works really well if you hold ETFs for their mobility. My transfer process took about an hour and cost basis flowed over nicely from TDA way back when they ended commission free trades on Vanguard ETF's. Merrill bene...
by deltaneutral83
Fri Mar 22, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: Three-Fund Portfolio (2nd Grader's) vs S&P 500
Replies: 39
Views: 3600

Re: Three-Fund Portfolio (2nd Grader's) vs S&P 500

What if the SPY returns -5% over the next 10 years? Then 1999-2029 will be not only the worst 30 year rolling CAGR, but will be the worst by a couple black swans amount. 1929-1959 was 7.6% (nominal) 5.75% (real) and is by far the worst rolling 30. If the S&P is negative 5% the next 10 years, we may...
by deltaneutral83
Fri Mar 22, 2019 3:26 pm
Forum: Personal Investments
Topic: Vanguard no longer commission free, how do I fix this?
Replies: 20
Views: 2962

Re: Vanguard no longer commission free, how do I fix this?

I don’t understand this recommendation? SPTM is also a total market fund and performs the same as VTI it also is 1bp cheaper. Why would you recommend OP switch? OP likes VTI, has VTI all over his accounts "for simplicity." I was suggesting that he need not hold SPTM permanently but just to hold it ...
by deltaneutral83
Fri Mar 22, 2019 2:34 pm
Forum: Personal Investments
Topic: Vanguard no longer commission free, how do I fix this?
Replies: 20
Views: 2962

Re: Vanguard no longer commission free, how do I fix this?

If you're that obsessed with VTI you could just buy SPTM and every three years convert the SPTM portion to VTI and chop your commissions by 2/3. As if brokerages and the games we play regarding all the different accounts will remain constant, you will probably have a different HSA that allows full c...
by deltaneutral83
Thu Mar 21, 2019 9:41 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 11480

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

It's pretty simple, buy the luxury car with 40,000 miles on it and drive it for 60-70k miles wash, rinse, repeat if that's your thing, you get 75% of the benefits of the luxury car and get to invest a large portion as well. Doesn't have to be cut and dry and a lot of people can flat out afford new l...
by deltaneutral83
Wed Mar 20, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: Three-Fund Portfolio (2nd Grader's) vs S&P 500
Replies: 39
Views: 3600

Re: Three-Fund Portfolio (2nd Grader's) vs S&P 500

What if the SPY returns -5% over the next 10 years? Then 1999-2029 will be not only the worst 30 year rolling CAGR, but will be the worst by a couple black swans amount. 1929-1959 was 7.6% (nominal) 5.75% (real) and is by far the worst rolling 30. If the S&P is negative 5% the next 10 years, we may...
by deltaneutral83
Tue Mar 19, 2019 10:42 am
Forum: Personal Investments
Topic: How to get over a $25K stock market loss?
Replies: 125
Views: 10115

Re: How to get over a $25K stock market loss?

OP, you are indexing (VTI) which is the way to go. Any money in the stock market should stay there 5+ years and probably 7+, gives you tremendous probability but still no certainty that things will work out. Back in Fall 2008 lot of 4-6% daily movements in the market. Daily, think about that. Market...