Search found 907 matches

by deltaneutral83
Thu Dec 13, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: 2019 Roth IRA Contributions
Replies: 15
Views: 909

Re: 2019 Roth IRA Contributions

Since we must do a backdoor Roth and conversions are not reversible anymore, we wait until we've had payroll hit. It takes 2 paychecks each to have enough income to hit the contribution amount. So for my wife it'll be Jan 18 and for me January 31st to make the non-deductible contributions and when ...
by deltaneutral83
Thu Dec 13, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: Buying used car
Replies: 25
Views: 1145

Re: Buying used car

Even if the minivan went into service in Fall 2014, that is nearly 20,000 miles per year. I’d pass unless the price was really good. This is the entire premise of buying a used car. I don’t understand your comment. While used cars are priced lower than a new model of the same car, that doesn’t mean...
by deltaneutral83
Thu Dec 13, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: Buying used car
Replies: 25
Views: 1145

Re: Buying used car

20k/yr isnt really that crazy of mileage. You would expect another 75k of prettty low cost and another 75k with one or two decent sized repairs on most cars these days. Used cars are all about price. If that 30k out the door van is selling for like 15k, that is pretty appealing. 25k? not so much. A...
by deltaneutral83
Thu Dec 13, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Buying used car
Replies: 25
Views: 1145

Re: Buying used car

delamer wrote:
Wed Dec 12, 2018 11:55 pm
Even if the minivan went into service in Fall 2014, that is nearly 20,000 miles per year.

I’d pass unless the price was really good.
This is the entire premise of buying a used car.
by deltaneutral83
Wed Dec 12, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5536

Re: Lyft driver got into an accident, but denies it

Insisting the police show up for a fender-bender? Around here the conversation might be something like: Caller: What do you mean you won't send an officer for this? I insist that you do! Dispatcher: That's nice. Have a good day. Don't forget to mention your outrage when you insist. Ditto your point...
by deltaneutral83
Wed Dec 12, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 200
Views: 14981

Re: What Happened to you during the Financial crisis of 2007–2008

Holy crap. You lost 300k?! There are plenty of Bogleheads with NW of $3M who saw a decline of $300k in 1 or 2 trading days and plenty that saw six figure declines in 20 minutes. DJIA was below 10,000 and moving 500-800 points a day if I recall, particularly in September(Lehman?)- December year end....
by deltaneutral83
Wed Dec 12, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21667

Re: What percentage of your net worth is your home equity?

I guess I don't understand the % equity part. If I put 5% down or whatever, and invest in index funds while keeping a mortgage because I'm playing the leverage game, am I in better shape ratio wise because my home equity is a lower % of my NW than if I put a more significant amount of cash down, or ...
by deltaneutral83
Tue Dec 11, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8614
Views: 1680021

Re: U.S. stocks in freefall

At least I have not seen "should I be 100% in stocks" like threads for a while. Everyone's position is obviously different, but It's probably required context to include the cash position. If I have 25x expenses and have 18 months expenses in cash, I could put everything else in equities for I gues...
by deltaneutral83
Mon Dec 10, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8614
Views: 1680021

Re: U.S. stocks in freefall

2018 is going to be my first negative year since I graduated from college (besides 2008 of course, but I had no money in 2008 :wink: ). Not only that, having bought a house this year and had the requisite inordinate amount of expenses that comes with that and my first year ever getting no bonus at ...
by deltaneutral83
Thu Dec 06, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: S&P undulations across time
Replies: 8
Views: 665

Re: S&P undulations across time

How can anyone look at the run away market over the last several years and feel ok about investing right now? Most people don't lump sum the majority of their invest-able assets at one point in time. 401k contributions can be auto enrolled and friction-less because you never saw the money in the fi...
by deltaneutral83
Thu Dec 06, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Unemployed, questions about personal investing situation.
Replies: 13
Views: 1366

Re: Unemployed, questions about personal investing situation.

I do not like VNQ and VXUS in taxable as they are pretty tax inefficient.
This is the first I've heard of VXUS as tax inefficient? Compared to???
by deltaneutral83
Thu Dec 06, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 12604

Re: Who else is getting excited?

AnalogKid22 wrote:
Thu Dec 06, 2018 11:32 am
I'm excited to see bonds going up and glad I got out of international a 2 months ago.
VXUS is down less than VTI as it pertains to 60 days ago.
by deltaneutral83
Thu Dec 06, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 12604

Re: Who else is getting excited?

In Q3 2008 I thought market weakness had gone on for long enough and so I made quite a few purchases. Q4 began with the default of Lehman Brothers - lost c. 50% of that new money in the next 6 months. The entire market drop from Oct 2007 to March 2009 was 52% I recall. How did you lose 50% from Q3 ...
by deltaneutral83
Wed Dec 05, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: In a Bear Market, What Are Some Best Practices
Replies: 53
Views: 6773

Re: In a Bear Market, What Are Some Best Practices

One of the Bogle books really spelled it out for me in a way that hit home mechanically and it took the emotion out of it. The returns of the stock market over long periods of time are based on forward earnings and dividends and the speculative component is nearly 0. Again, this is for 30 year perio...
by deltaneutral83
Wed Dec 05, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: The overwhelming majority lose in a zero-sum trading game.
Replies: 52
Views: 5206

Re: The overwhelming majority lose in a zero-sum trading game.

There are a bunch of real life reasons that cause most active funds to trail the index. But even if all those reason were eliminated, leaving a pure zero-sum trading game, it would still be that after enough time, almost all active traders are below average. If your intuition was that there should ...
by deltaneutral83
Tue Dec 04, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Wife being sued after wreck
Replies: 21
Views: 4491

Re: Wife being sued after wreck

Wouldn't you (and your insurance company) just assume you were going to be sued at the limits of your state (2/3 years or whatever) once you did not receive the confirmation of settlement from your insurance company? I know in rare cases they can settle and still come back to your insurance company ...
by deltaneutral83
Tue Dec 04, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2882

Re: Can a three fund portfolio beat a fool?

10-15 single stocks doesn't equate to long term buy and hold indexing, it's apples to oranges. FAANG investors have done very well the last 8 years. Let me know how they did in 2008/2009 or if they are new investors where they are in 2030 playing single stocks, yes one out of ten will do well, maybe...
by deltaneutral83
Mon Dec 03, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Does new Fidelity Individual HSA charge a monthly account fee?
Replies: 32
Views: 2775

Re: Does new Fidelity Individual HSA charge a monthly account fee?

jhfenton wrote:
Mon Dec 03, 2018 12:25 pm
DarkHelmetII wrote:
Mon Dec 03, 2018 12:22 pm
Is there a minimum which must be held in cash in order to invest?
No. There is no associated bank account. Every penny is available for investment.
And they let you have access to the three fund in ETFs commission free? I'm looking for the catch.
by deltaneutral83
Sun Dec 02, 2018 2:47 pm
Forum: Investing - Theory, News & General
Topic: HSA employee contributions subject to FICA?
Replies: 42
Views: 2851

Re: HSA employee contributions subject to FICA?

Some problems with HSAs: 1. You are required to have HDHP Mega-Corp offers this 2. You are required to save your receipts for ever (in case of audit). Complexity I want to avoid Takes me a few minutes a year to upload receipts to google drive 3. Healthcare may be public by the time you retire, and ...
by deltaneutral83
Sun Dec 02, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: What percent of Managers beat the market BEFORE fees?
Replies: 94
Views: 5964

Re: What percent of Managers beat the market BEFORE fees?

Example, there are ten managers in the large cap space, large cap returns returns 10% for a given amount of time. Eight managers return 9%, one manger returns 13% and one more returns 15%. 80% or 8 out of 10 underperform. Yeah, ok, sure, an average isn't a median, but the law of large numbers shoul...
by deltaneutral83
Sun Dec 02, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: What percent of Managers beat the market BEFORE fees?
Replies: 94
Views: 5964

Re: What percent of Managers beat the market BEFORE fees?

What percent of Managers beat the market before they charge their Fees? According to S&P research, about 20% of U.S. domestic equity funds beat the market before fees. It drops to 12% after fees. https://us.spindices.com/documents/research/research-spiva-institutional-scorecard-how-much-do-fees-aff...
by deltaneutral83
Thu Nov 29, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: IRMAA Thresholds in 2020
Replies: 16
Views: 1442

Re: IRMAA Thresholds in 2020

OnTrack wrote:
Thu Nov 29, 2018 3:07 pm
PriceOfFreedom's question was about how to determine the IRMAA threshold. It was not about the cost of the current insurance.
My mistake, another had concerns that the premiums were indeed matching the policy.
by deltaneutral83
Thu Nov 29, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage/Debt to Income Issues due to Car Loan
Replies: 20
Views: 1100

Re: Mortgage/Debt to Income Issues due to Car Loan

As nicely as some of the respondents have computed, this is not a mathematical issue.
by deltaneutral83
Thu Nov 29, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17979

Re: Bogle Sounds a Warning on Index Funds

I would start to worry when we hit 70-75% in index funds.
by deltaneutral83
Thu Nov 29, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: IRMAA Thresholds in 2020
Replies: 16
Views: 1442

Re: IRMAA Thresholds in 2020

mhalley, I agree that you will be better off financially next year with Medicare/IRMAA than with your current plan. However, do you have an answer to my question? He and his wife are 64, this is what insurance with no subsidies with ACA costs for an HDHP (not PPO which is more expensive; $2,800/mon...
by deltaneutral83
Thu Nov 29, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: First year with financial planner managing IRA did worse than index fund, should I pull out?
Replies: 24
Views: 2078

Re: First year with financial planner managing IRA did worse than index fund, should I pull out?

1.6% AUM fee on $245k means you bought your adviser and his spouse a decent Caribbean vacation this Christmas. And what did he do to earn this, well he under performed the collective benchmarks he's supposed to beat, although one year isn't any sort of time frame to judge, but the 1.6% AUM is all we...
by deltaneutral83
Wed Nov 28, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Getting sued from an already settled car accident... 2 years later! Is this legal?
Replies: 44
Views: 7402

Re: Getting sued from an already settled car accident... 2 years later! Is this legal?

The aspect of keeping money in a 401k for protection works great if you have a 401k at a megacorp with virtually no fees. Even a 40bp fee (and I've seen much higher) on $500k would easily pay the premium on a $5M umbrella if it were in an IRA. I know this is an all things equal comparison and some i...
by deltaneutral83
Wed Nov 28, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Divorce [financial implications]
Replies: 109
Views: 14333

Re: Divorce [financial implications]

I am curious since the prenup suggestion has appeared multiple times. What does a prenup do that a normal divorce proceeding wouldn't? I often heard that a prenup has a lot of rules and regulations to be able to hold up in court, so even if you have one, if the other party is unreasonable and decid...
by deltaneutral83
Tue Nov 27, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Leverage Success Stories
Replies: 68
Views: 8273

Re: Leverage Success Stories

As long as your renter pay rent and you can meet your obligations, the value of the houses is irrelevant. RE is a good investment only because of cheap leverage. Otherwise you should stick with index funds. I think that's the point. In a 40+% reduction in equities which is almost certain to happen ...
by deltaneutral83
Tue Nov 27, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 89
Views: 6893

Re: Does 100% stocks make sense for very high net worth individuals

If you have 100x times expenses I don't necessarily see an issue if you are in a US or Intl TSM index or combo of both. But, having 20% in bonds when you're close to being done accumulating is a small enough portion to not hinder growth while also moving up the efficient frontier. Gives you a decent...
by deltaneutral83
Mon Nov 26, 2018 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6481

Re: $724k in debt and I want to buy a home.

This is one of those I'd like to follow for the next 24-36 months. The plan works if the plan works.
by deltaneutral83
Mon Nov 26, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments - Help a family member leave
Replies: 28
Views: 2766

Re: Fisher Investments - Help a family member leave

My uncle currently uses Fisher Investments. He told me he is going to one of their meetings tomorrow (I assume some additional sales pitch). I want to give him a list of questions to ask and thought the board may have some good ideas. Here is what I have: 1) What is the expense adjusted return over...
by deltaneutral83
Mon Nov 26, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowers Are Tapping Their Homes for Cash, Even as Rates Rise
Replies: 14
Views: 2527

Re: Borrowers Are Tapping Their Homes for Cash, Even as Rates Rise

The real issue is if the new refinance loans are for 60% or 80% or 95% of current market value? If they are for 80% or more (which I suspect many are) then that is the real story. Those people will lose there homes when the next downturn hits. History repeats......... I guess I don't understand how...
by deltaneutral83
Thu Nov 22, 2018 8:35 pm
Forum: Investing - Theory, News & General
Topic: What financial advice have you been most grateful for?
Replies: 50
Views: 4226

Re: What financial advice have you been most grateful for?

Read, read, read...from the real experts, i.e. the panel at BH conferences and the linchpins of this site.
by deltaneutral83
Thu Nov 22, 2018 8:00 pm
Forum: Investing - Theory, News & General
Topic: Small Value: 15 years of underperforming
Replies: 142
Views: 11172

Re: Small Value: 15 years of underperforming

Vanguard small cap value index is much more midcap than small cap value VBR is more midcap. VIOV is small cap. Yep. I use VIOV but the liquidity is enough to get my attention which means the average BH is probably not interested. B/A is frequently 12-18 cents on $127-$150 which is where it's traded...
by deltaneutral83
Mon Nov 19, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8614
Views: 1680021

Re: U.S. stocks in freefall

2% off today. tiny correction but I would accept tiny bit of saving. Usually, I only consider -10% of saving as start point and -40% as real saving. just add tiny bit today. By cherry picking data that perpetuates a doom and gloom outlook, 40% off comes around once every 20 years. As mentioned thos...
by deltaneutral83
Sat Nov 17, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: PPO or HSA
Replies: 18
Views: 1650

Re: PPO or HSA

Please help me correct my math here. An ER visit without admission into the hospital is usually a $100-$300 payment under most PPO plans unless I am mistaken, perhaps a medical or insurance professional could chime in? With the HDHP, it could cost $3425-$900=$2525 (pre tax dollars) vs. $100-$300 fr...
by deltaneutral83
Fri Nov 16, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: PPO or HSA
Replies: 18
Views: 1650

Re: PPO or HSA

This is a a no brainer for the PPO if the premiums paid by the employee are $0 in both scenarios. One trip to the ER will make this evident and will wipe out the HSA contributions for the year assuming you hit the OOP max.
by deltaneutral83
Thu Nov 15, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: Investment advisors- is regulatory burden higher on fiduciaries?
Replies: 51
Views: 2154

Re: Investment advisors- is regulatory burden higher on fiduciaries?

@Misenplace, It sounds like the advisor just sold your friend some regular ol' A-shares. The load starts at 5.75%, and works its way down from there. The advisor also gets paid a .25% trail every year. (This is the 12b-1 fee that everyone is talking about.) Probably not a bad investment. Did you kn...
by deltaneutral83
Wed Nov 14, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: Investment advisors- is regulatory burden higher on fiduciaries?
Replies: 51
Views: 2154

Re: Investment advisors- is regulatory burden higher on fiduciaries?

BTW... if AGTHX is mostly a tuned index fund... why would anyone want to pay such high fees? And why does AF think such high fees are necessary? I think that's where AF excels if their competition is NWM/EJ/Prudential/Ameriprise etc. etc. There is no competition for indexing on one's own as we all ...
by deltaneutral83
Wed Nov 14, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: DCA – change of tune, loss of nerve, and how to time?
Replies: 23
Views: 1269

Re: DCA – change of tune, loss of nerve, and how to time?

I know OP mentioned he doesn't have it yet but I would feel very fortunate to lump sum into a market that's down 7.7% off the high. Recall, you have a 66% chance of the market rising from the point you invest 12 months from now. Factoring in a 7.7% decline can only increase those 66% odds.
by deltaneutral83
Wed Nov 14, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: Investment advisors- is regulatory burden higher on fiduciaries?
Replies: 51
Views: 2154

Re: Investment advisors- is regulatory burden higher on fiduciaries?

If the adviser is charging a 1%, they may be using F-shares from American funds. This class of shares does not carry a load or charge a 12b-1 fee. From the American Funds site : Class F-1, F-2, F-3 and 529-F-1 shares: You pay an asset-based fee for F-1, F-2, F-3 or 529-F-1 shares based on your fina...
by deltaneutral83
Wed Nov 14, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Investment advisors- is regulatory burden higher on fiduciaries?
Replies: 51
Views: 2154

Re: Investment advisors- is regulatory burden higher on fiduciaries?

I cannot tell you how many people I have met that bought (were sold) AGTHX and think that the "since fund inception returns" are something they should expect to see on ave forever. AGTHX is a fine fund as well as the rest of AF's and I actually think they will do better than most actively managed f...
by deltaneutral83
Tue Nov 13, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Investment advisors- is regulatory burden higher on fiduciaries?
Replies: 51
Views: 2154

Re: Investment advisors- is regulatory burden higher on fiduciaries?

You may inform him that the 4 AF mutual funds I've seen used to replicate the S&P (AMRMX/AIVSX/AGTHX/AMCPX) combine in 25% weights to under perform the S&P on a 10/15 year period. This is before any loads. The 12b-1 has not been made up at least over these time stretches (again, before loads/taxes ...
by deltaneutral83
Tue Nov 13, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Investment advisors- is regulatory burden higher on fiduciaries?
Replies: 51
Views: 2154

Re: Investment advisors- is regulatory burden higher on fiduciaries?

Last year my friend mentioned how well he had done for them recently , and said he especially liked the American funds he put them in since they had done so well. He is not paying the front load (waived over $1M purchase), but he was completely unaware of the 12b1 fees. My antennae went up, so I lo...
by deltaneutral83
Mon Nov 12, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: HSA Bank Minimum
Replies: 1
Views: 317

Re: HSA Bank Minimum

All things equal, most here I would assume go with Lively where there are no minimums and they charge $30 a year all in. You can invest in several commission free ETFs with State Street via TDA.
by deltaneutral83
Mon Nov 12, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 52
Views: 4801

Re: Do you prefer etfs or mutual funds?

I don't get the comment about spreads with ETFs. If you're using a "total market" type of portfolio, where the ETF trading volume is high, has this ever been an issue for anyone? My experience of trading ETFs has been in the TD Ameritrade platform, and I’ve been trying to stick to their commission-...
by deltaneutral83
Mon Nov 05, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Rules for Roth 401k After Leaving Company
Replies: 15
Views: 1225

Re: Rules for Roth 401k After Leaving Company

Silk McCue wrote:
Mon Nov 05, 2018 4:56 pm
deltaneutral83 wrote:
Mon Nov 05, 2018 4:38 pm
Roth 401k or traditional 401k?
Title of post says Roth.

Cheers
saw that, i just assumed the rules of Roth IRA and Roth 401k were the same. Meaning any contribution that have been taxed can come out no problem.
by deltaneutral83
Mon Nov 05, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Rules for Roth 401k After Leaving Company
Replies: 15
Views: 1225

Re: Rules for Roth 401k After Leaving Company

Roth 401k or traditional 401k?