Search found 718 matches

by deltaneutral83
Thu Jun 14, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 121
Views: 8574

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

A Ramsey portfolio at AF's is: AMCPX/AGTHX/AIVSX/AMRMX/NEWFX/ANWPX/SMCWX/CWGIX.
by deltaneutral83
Wed Jun 13, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Buy LEAPS vs stocks
Replies: 7
Views: 745

Re: Buy LEAPS vs stocks

curious to hear your opinion if buying long term options is worthwhile option in stocks you would want to hold for a year or two e.g., one could buy a Jan 2020 call options on NFLX for $40 each; where as buying 100 shares in NFLX at ~ $375 ... so with options you could effectively hold NFLX for 1/1...
by deltaneutral83
Tue Jun 12, 2018 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2683
Views: 516420

Re: What's Your Credit Card Rewards Strategy?

Thanks to the bonus from their Preferred Rewards program, I'm all-in on the BofA/ME approach. BofA Cash Rewards (5.25% gas, 3.5% groceries/Costco) BofA Premium Rewards (3.5% dining/travel, 2.62% general spend) With $100k at BofA/Merrill, the two cards you mentioned give you tremendous simplicity on...
by deltaneutral83
Tue Jun 12, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2683
Views: 516420

Re: What's Your Credit Card Rewards Strategy?

Thanks to the bonus from their Preferred Rewards program, I'm all-in on the BofA/ME approach. BofA Cash Rewards (5.25% gas, 3.5% groceries/Costco) BofA Premium Rewards (3.5% dining/travel, 2.62% general spend) Up until now I'd been placing all general spend on a Citi DoubleCash. With $100k at BofA/...
by deltaneutral83
Mon Jun 11, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to convince my co-worker to invest more?
Replies: 47
Views: 3193

Re: How to convince my co-worker to invest more?

I think telling your co-workers to forego the 401K is poor advice. A 401K is an automated payroll deduction. It's usually completely painless and the most effortless way to accrue wealth that I know of. If you think most 26 year olds have the sustained attention span it takes to open and fund a Rot...
by deltaneutral83
Thu Jun 07, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Suggested HSA Provider
Replies: 9
Views: 562

Re: Suggested HSA Provider

I recently switched to Lively and it was a no brainer. They team up with TDA and TDA has some very nice Vanguard ETF substitutes (SPTM is their version of TSM which is what I use exclusively) you can buy commission free. Lively is $2.50 a month and that includes all fees (TDA investments and the cus...
by deltaneutral83
Thu Jun 07, 2018 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Breaking Up and Staying On Good Terms with an Advisor
Replies: 28
Views: 3133

Re: Breaking Up and Staying On Good Terms with an Advisor

Yet he's only willing to do index funds if we switch he fee to a flat 1%. No thank you. This made me laugh. He should be managing your assets that benefits you the most. This statement clearly demonstrates he is not. Ballgame over. Absolutely no way I would issue him any courtesy in the form of a p...
by deltaneutral83
Mon Jun 04, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Just realized that our MFs have high expense ratios
Replies: 28
Views: 2820

Re: Just realized that our MFs have high expense ratios

Just an observation... High fees are never fun but either is paying taxes. That being stated, I have noted several higher fee funds often earn their keep in the sense the net after their expenses often is on par with a broad market index. So while they are living off you and often not returning a n...
by deltaneutral83
Fri Jun 01, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting. Most similar fund to VTI
Replies: 15
Views: 938

Re: Tax loss harvesting. Most similar fund to VTI

If you're at TDA, SPTM should do it no commission.
by deltaneutral83
Wed May 30, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: My mind exploded
Replies: 79
Views: 4543

Re: My mind exploded

Habits about money start much earlier than 18. A parent has near total control from 0-17.99, so there is plenty of time to impart beliefs, ideas, and philosophies about the finite nature of money. Any decision of mine to be frivolous with money I absolutely knew beforehand but made the informed deci...
by deltaneutral83
Tue May 29, 2018 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgages
Replies: 18
Views: 1863

Re: Reverse Mortgages

How is it different than a HELOC?
by deltaneutral83
Fri May 25, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Exiting a variable annuity
Replies: 12
Views: 1128

Re: Exiting a variable annuity

To my knowledge one of the few benefits of a VA is the tax free nature of the growth, which a Roth already provides. I can't understand someone who isn't well past the estate exemption using a VA correctly? It almost seems like it should be unlawful for VA's to be sold inside of retirement accounts?...
by deltaneutral83
Thu May 24, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: How to invest $1.4 million inheritance?
Replies: 32
Views: 4363

Re: How to invest $1.4 million inheritance?

- I will invest one-twelfth of the lump sum monthly over one year - UNLESS the market drops 10% or more, and then I will invest the remainder of the lump sum Thanks again for all your input!! The US market dropped 12% off end of January highs already this year. We are currently back to 7% down. Whe...
by deltaneutral83
Thu May 24, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13845

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

You can split the difference if you wish and pay half the mortgage off and put the rest in your AA.
by deltaneutral83
Wed May 23, 2018 3:59 pm
Forum: Investing - Theory, News & General
Topic: Asset Class Forecasts
Replies: 47
Views: 2632

Re: Asset Class Forecasts

I am not "justifying" anything. I even sketched out a bullish scenario in which the market could rise 40-60% from current levels over the next 2-4 years and said that valuation levels are reasonable if expansion continues. What I did say was having come within shouting distance of my retirement tar...
by deltaneutral83
Tue May 22, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9194

Re: Dave Ramsey it or keep low interest debt

Why is why I asked if anyone here actually took DR seriously. Well, I know several 8 figure BH types that take him seriously so yea. In fact, most of them have at least one crappy WL policy and would have been monumentally better off investing in an S&P index for 30-40 years instead. You ever tried...
by deltaneutral83
Tue May 22, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Difficulty with Parents-In-Law
Replies: 25
Views: 1491

Re: Difficulty with Parents-In-Law

Couple of things from the recent posts: 1. My Dad didn't suggest I reach out to them about it. He is just very open about his and my mother's finances, so I was just them using as a counterpoint. 2. My FIL showed me the investments and what they were without my prompting. But when I dug in and poin...
by deltaneutral83
Tue May 22, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9194

Re: Dave Ramsey it or keep low interest debt

Sure, I guess if you have monster Debt and are not so good with finances then his advice would probably resonate. I've followed him for a while, what he says is common sense and his investing advice consists of him plugging away with his "heart of a teacher" financial advisers. Lets keep in mind, t...
by deltaneutral83
Tue May 22, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14081

Re: The Millionaire Next Door and civil servants

As a result of substantial gains in the markets in the last couple of years the number of TSP millionaires has increased significantly, I checked the posted data in 2014 and the number of TSP millionaires was around 3000. A very small percentage considering there are 6 million Government employees....
by deltaneutral83
Tue May 22, 2018 7:54 am
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14081

Re: The Millionaire Next Door and civil servants

There actually are several thousand millionaires that are civil Servants. https://federalnewsradio.com/mike-causey-federal-report/2018/03/tsp-millionaire-population-boom/ So where do you stand in the race to a million dollar-plus nest egg? At the end of last year, 2.8 million TSP participants had $...
by deltaneutral83
Mon May 21, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 77
Views: 12289

Re: Chase Savings Account emptied out!

Review your accounts monthly. Reminder to myself. :wink: I check every 2 weeks! You can get cleaned out in much less than two weeks. I have text alerts for about anything over $100 from my checking accounts and credit cards and I check my accounts on a desktop usually every other day I feel like. I...
by deltaneutral83
Mon May 21, 2018 2:30 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14081

Re: The Millionaire Next Door and civil servants

Perhaps the "Millionaire Next Door" series continues to be popular because of the allure of the spirit of entrepreneurship. I have always found it very interesting that many of the millionaires Stanley studied believe that there was a definite element of 'being in the right place at the right time'...
by deltaneutral83
Thu May 17, 2018 7:27 am
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 106
Views: 10440

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

Have to disagree. OP cites VBILX. Should he have spelled that one out and not the other two? And what about all those who post the tickers for the Investment Shares of Total Stock, Total International, and Total Bond? If you’re going to require us to memorize, we’ve got a lot of memorizing to do ju...
by deltaneutral83
Wed May 16, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 106
Views: 10440

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

Am I the only one here that is annoyed with Vxxxx ticker symbols that are never identified by OP's? You should have these 3 committed to memory. It only takes a sec to google them. The three fund VTSAX/VTIAX/VBTLX and their corresponding etf's VTI/VXUS/BND are about the only symbols you really shou...
by deltaneutral83
Tue May 15, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Three fund portfolio performance
Replies: 31
Views: 4068

Re: Three fund portfolio performance

I would recommend short term: an adviser, a calculator, and a calendar...A 60/40 allocation with 20% of equities in international has had 10+% CAGR the last 24 months. Unless your allocation is 99% BND/0.5% VTI/0.5% VXUS, something is badly wrong.
by deltaneutral83
Mon May 14, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation to combine Dave Ramsey and Vanguard?
Replies: 79
Views: 7064

Re: Allocation to combine Dave Ramsey and Vanguard?

A Ramsey portfolio has very little small cap (US or Intl) when you put the funds under an X-ray. He's basically 70/30 US/Int with a huge tilt to large growth. Building it out with Vanguard ETFs would probably be close to 40% VTI, 30% VUG, and 30% VXUS
by deltaneutral83
Mon May 14, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Help simplifying 401k
Replies: 13
Views: 998

Re: Help simplifying 401k

Those State Street index funds for the S&P/Intl/Bonds seems to be fine for a 3F. If you want to build out the Total US you can also use the State Street S&P 75%/Mid-15%/Russell 10% or something close to that by mixing and matching.
by deltaneutral83
Mon May 14, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Is Whole Life Insurance Worth It?
Replies: 54
Views: 4132

Re: Is Whole Life Insurance Worth It?

When you get clear of the lifetime exemption, currently over $10 million per person, or you have some other rare need then it can be an option. The above poster quoted his current ROI on his policy but I'd be very curious about the lifetime ROI. Likely more closer to 1-2%.
by deltaneutral83
Thu May 10, 2018 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Bank Fees Question
Replies: 11
Views: 902

Re: HSA Bank Fees Question

How much does HSAbank charge to let you close out their account if you're entire balance is invested with TDA? Lively is $2.50 all in, even carrying a $0 balance in the Lively checking account? Lively's only fee is the 2.50 investment fee. It has no other fees or minimums. So your cash account can ...
by deltaneutral83
Thu May 10, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Bank Fees Question
Replies: 11
Views: 902

Re: HSA Bank Fees Question

How much does HSAbank charge to let you close out their account if you're entire balance is invested with TDA? Lively is $2.50 all in, even carrying a $0 balance in the Lively checking account?
by deltaneutral83
Thu May 10, 2018 7:22 am
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 20828

Re: Why International again?

I suppose it also depends on what one means by “reversion to the mean.” Do I expect international to ever outstrip the returns of the US - the largest and most stable market on the globe - in a similar fashion in my lifetime? I do not and I don’t think that anyone would expect that to happen in the...
by deltaneutral83
Wed May 09, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 20828

Re: Why International again?

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 5/8/2018, if you had invested $10,000 in both funds on 4/29/1996, you would currently...
by deltaneutral83
Wed May 09, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 20828

Re: Why International again?

What do you need the additional 6,000 companies for? You're highly diversified if you invest in the U.S. The chart above shows that with just 20% to Intl you'd have reduced your St. Dev. from 16.2 to 14.9 and your equity returns went from about 10.45% CAGR to roughly 10.38%. The past is the past, b...
by deltaneutral83
Wed May 09, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Talk to me about HSA’s. Do they make sense for us?
Replies: 9
Views: 1202

Re: Talk to me about HSA’s. Do they make sense for us?

I usually tell people that if you have the cash to be able to pay out the deductible for a high deductible plan, then going the high deductible route is generally cheaper. If you don't have the cash or have trouble managing your cash flow, the standard PPO plan will likely work out better for you e...
by deltaneutral83
Tue May 08, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 5212

Re: Buying new car or buying used car

To continue the example of the Nissan Altima you can get 2008 or 2009 with between 110k and 150k miles for $6-8k. So the residual value in the example for a 10 year old Altima with 150k miles is a minimum of $6k, not scrap value. So: 2018 Nissan Altima S $20k purchase price $6k ending price total d...
by deltaneutral83
Tue May 08, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 5212

Re: Buying new car or buying used car

Based on how most people drive, your example actually supports buying the NEW vehicle... - Say you keep a car for 10 years or 120,000 miles, whichever comes first. A reasonable assumption that applies to a broad majority of people. - Let's also assume you drive 12,000 miles/year (the national avera...
by deltaneutral83
Tue May 08, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: How does stock buyback benefit investors?
Replies: 78
Views: 6332

Re: How does stock buyback benefit investors?

alfaspider wrote:
Tue May 08, 2018 1:26 pm
Qualified dividends aren't taxed as ordinary income. The biggest difference is that a dividend is a mandatory tax recognition event, while a sale of shares is at the option of the shareholder.
Well yea but aren't div's from single stocks all ordinary. It's been a while but that's what I recall?
by deltaneutral83
Tue May 08, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: How does stock buyback benefit investors?
Replies: 78
Views: 6332

Re: How does stock buyback benefit investors?

RAchip wrote:
Tue May 08, 2018 12:59 pm

I personally do not like buy-backs. I would rather have the cash dividended to me so I can decide what to do with it.
Why would a buy back preclude you from selling shares you've held for 12 months as opposed to a dividend taxed at ordinary income?
by deltaneutral83
Mon May 07, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 5212

Re: Buying new car or buying used car

It seems so many bogleheads advise buying used but does it really matter much if you buy a car and drive it forever until it can't be driven anymore? I am in the camp of buying new if this is the case. Let's take a mythical car that lasts 20 years, which means that at 20 years, it needs to be repla...
by deltaneutral83
Sat May 05, 2018 10:51 am
Forum: Investing - Theory, News & General
Topic: How do brokerages make $s on cheap index funds?
Replies: 57
Views: 5152

Re: How do brokerages make $s on cheap index funds?

Same concept as getting people to sign up for credit cards, the folks that pay off balances and churn are loss leaders. The folks that run balances and pay interest for decades pay the rewards to those that do not. For brokerages, for every ten people that sign up, I'd imagine at least 7 are trading...
by deltaneutral83
Sat May 05, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Chart: When 90% of the Stock Market is Indexed
Replies: 20
Views: 2749

Re: Chart: When 90% of the Stock Market is Indexed

When 90% of the market is indexed, active guys will ramp up trying to find inefficiencies and then price discovery would get back on track. I just don't see it as a problem. Lay a pot of gold at the feet of active managers and expect them not to go for it? Hell they claim they can spot inefficiencie...
by deltaneutral83
Fri May 04, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: Portfolio peepers: what do you do?
Replies: 48
Views: 3996

Re: Portfolio peepers: what do you do?

I look at transactions inside my account once a month to make sure nothing is going on.
by deltaneutral83
Fri May 04, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Shorting - Can Someone Explain
Replies: 32
Views: 2303

Re: Shorting - Can Someone Explain

I would assume short positions are around a very specific (i.e. shorter) time frame as the margin interest is astronomical. Buying puts seems like the safer way to play stock declines if you're into the single stock gamble.
by deltaneutral83
Fri May 04, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Another payoff Loan or Invest question
Replies: 22
Views: 1205

Re: Another payoff Loan or Invest question

Agreed, while there are a number of approaches here on BH, I think the vast majority would run from a 2.94% loan on a vehicle (depreciating asset). Because 2.94% is high for a car loan or just because it's a loan on a depreciating asset? Both. I'm not financing anything that goes down in value unle...
by deltaneutral83
Fri May 04, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Too much cash - what to do?
Replies: 16
Views: 2513

Re: Too much cash - what to do?

welderwannabe wrote:
Fri May 04, 2018 8:11 am
I am going to be contrarian and say you should buy the Townhouse with cash. Guaranteed 4.25% return.
Plus $7k in closing costs?
by deltaneutral83
Fri May 04, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18159

Re: Ed. Jones rep didn't like our plan, now we're locked out

keepingitsimple wrote:
Fri May 04, 2018 8:15 am
The "Temporary Suspension" of their online account was not password related in this case. This has been verified with customer relations. But thank you for the input nonetheless :happy
I would move assets ASAP and then go to war with EJ then if these are the facts.
by deltaneutral83
Fri May 04, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Another payoff Loan or Invest question
Replies: 22
Views: 1205

Re: Another payoff Loan or Invest question

Im not a fan of a 72month loan, especially since its not a zero (or near zero) interest rate. Either use the windfall to pay down or plan to make payments of less than 36 months Agreed, while there are a number of approaches here on BH, I think the vast majority would run from a 2.94% loan on a veh...
by deltaneutral83
Fri May 04, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18159

Re: Ed. Jones rep didn't like our plan, now we're locked out

Probably best to confirm that clients were indeed locked out rather than they forgot the password and entered something else in 3 times and got locked out. I do this all the time with things that I don't log into weekly. Moving from EJ is a no brainer regardless of the congeniality of the adviser.
by deltaneutral83
Thu May 03, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 55
Views: 6558

Re: Starting to smell like buying season?

a 40% drop would put CAPE to historical norm. But that would happen when interest rate go back to historical norm like 5 to 6%. So far we are 2.5%. A cumulative 40% drop on the S&P from the highs would be three 40% drops in 18-19 years depending on how long it takes to dip 40% from the Jan 2018 all...
by deltaneutral83
Thu May 03, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Late 20's married couple picking funds and new broker
Replies: 9
Views: 601

Re: Late 20's married couple picking funds and new broker

Thanks so much. Yeah, those are the two I am leaning towards. From all the advice here, it has definitely lowered the stress of the decision by letting me know that both are leaps and bounds ahead of RJ. Since the beginning of time salesmen have been muddying the waters of investing. It's not compl...