Search found 933 matches

by deltaneutral83
Wed Jan 16, 2019 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 133
Views: 6762

Re: Why are your NOT buying rental properties?

R/E needs to provide higher returns than index funds, it's not passive returns, regardless of how it's classified by the IRS. The "putting 20% down and move on to the next one" scenario will get steamrolled at some point over 20-30 years. I can get slapped around by the S&P (or in my case TSM and To...
by deltaneutral83
Tue Jan 15, 2019 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Question moving from stock portfolio to VTI Total Stock Market Index
Replies: 15
Views: 813

Re: Question moving from stock portfolio to VTI Total Stock Market Index

OP, most will recommend to get rid of the single stocks and then invest according to your well thought out and chosen asset allocation. If you are currently 100% stocks and 100% US, then converting to VTI would be the move.
by deltaneutral83
Tue Jan 15, 2019 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX at Merrill Edge
Replies: 19
Views: 1767

Re: VTSAX at Merrill Edge

Am I understanding that VSTAX and VTIAX are both commission free at Merrill Edge now for platinum honors clients? What about their TLH-ing partners?
by deltaneutral83
Tue Jan 15, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Potentially being laid off with a 401k loan
Replies: 12
Views: 1279

Re: Potentially being laid off with a 401k loan

You may have 60 days once terminated before it is considered a distribution (and all that comes with a distribution, particularly if younger than 59.5).
by deltaneutral83
Sun Jan 13, 2019 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: I know market timing is a fool's game but...
Replies: 59
Views: 4659

Re: I know market timing is a fool's game but...

If the market (S&P) compounds at 11% annually from tomorrow until 2030 I think 2000-2030 would still be the worst rolling 30 year period since the data has been measured which is before the depression. I think we're under 5% CAGR since Jan 2000.
by deltaneutral83
Fri Jan 11, 2019 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 90
Views: 10035

Re: Millionaire by 40 and How you Did it?

Funny how medicine works. You get paid above average wages in MCOL/LCOL areas, but below average in HCOL. My wife could make 50% more if we moved somewhere cheaper. I would imagine it's more good old fashioned supply/demand. You aren't moving to the LCOL for a reason, and it's probably the same rea...
by deltaneutral83
Wed Jan 09, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity vs. Lively HSA
Replies: 14
Views: 1242

Re: Fidelity vs. Lively HSA

Maybe I'll have a regular consumer credit card purely for that (to have one single digital record of all HSA-reimbursable costs) -- and then go back and reap the HSA every 2-4 years. No regular cash balance needed whatsoever for my HSA account. Hmm. Print yearly receipts (usually 2 - Dentist), thro...
by deltaneutral83
Mon Jan 07, 2019 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Where can i start a good Roth IRA for retirement?
Replies: 17
Views: 1019

Re: Where can i start a good Roth IRA for retirement?

All the main players are probably similar or even the same, but I use TDA and get their commission free ETF's that State Street offers and you can get great funds to comprise the three fund portfolio. I use SPTM as I'm all equities in the Roth. ETF's give you tremendous transfer flexibility which I ...
by deltaneutral83
Mon Jan 07, 2019 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10514

Re: Fiance Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

My advice: Get a prenup This is a brilliant insight that is not being emphasized enough in this thread. It sounds like they both have net worths that are similar, and on top of that are less than approx $75k a piece, and will take a big hit on the wedding anyhow. What exactly are we trying to prote...
by deltaneutral83
Mon Jan 07, 2019 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10514

Re: Fiance Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

Wait a while (at least 6 months, 12 is even better) after marriage to buy the house for a host of reasons, financial and otherwise. Income wasn't stated but down payment will be much closer to 20% by waiting. OP had me in agreement until the consideration to not put 20 down and pay PMI while funding...
by deltaneutral83
Mon Jan 07, 2019 9:49 am
Forum: Investing - Theory, News & General
Topic: 401k Wiki suggestion [Rating your 401k expense ratio]
Replies: 10
Views: 521

Re: 401k Wiki suggestion [Rate your 401k expense ratio]

MotoTrojan wrote:
Tue Dec 18, 2018 10:27 pm
I'd be upset to pay 0.5%, which is almost 10x my weighted-average I pay now.
Which is better, a 401(k) plan that it's all in 0.6% fees with a 5% match, or a plan with rock bottom fees of 0.1% with a 4% match?
by deltaneutral83
Sat Jan 05, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 258
Views: 20180

Re: $40,000 in debt, bankruptcy seems to be the best option right now

Credit cards have not done you well, and they don't for 80% of people, so you are not alone. You need to get rid of them and stick to a budget and get rid of the luxuries, you simply cannot afford them. The cable and security system in your situation is simply irrational. Sell and rent for 24 months...
by deltaneutral83
Fri Jan 04, 2019 4:03 pm
Forum: Investing - Theory, News & General
Topic: Taming the Alpha beast!
Replies: 19
Views: 1281

Re: Taming the Alpha beast!

It isn't clear if you mean chasing alpha with "a guy" or on your own by building your own fund with single stocks. The former, in a retirement account has about a 3% chance of working out over 30 years and in in a taxable has about a 1% chance once you bake in fees/commissions. As to the latter, I d...
by deltaneutral83
Fri Jan 04, 2019 2:05 pm
Forum: Investing - Theory, News & General
Topic: Index Funds - 'Herding' Behavior?
Replies: 20
Views: 2271

Re: Index Funds - 'Herding' Behavior?

Not worried, if we get to a point where markets aren't priced efficiently and liquid, then that means the sharks smelling a payday will get back in and trade to exploit said pricing inefficiencies. Probably 15 years away at the earliest I would imagine from the markets being even 70% passively manag...
by deltaneutral83
Thu Jan 03, 2019 4:09 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve
Replies: 50
Views: 5647

Re: Chase Sapphire Reserve

OP, there are loads of misinformation on this card in this thread. Flyertalk is where the miles gamers hang out. Every possible question you could have about this card (or any other) is listed there. This card is a net $150 annual fee card when you factor in the $450-$300 travel credit. The 1.5x red...
by deltaneutral83
Thu Dec 27, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey [“good growth mutual fund”]
Replies: 54
Views: 5189

Re: Dave Ramsey

No, he does not, he cites AIVSX frequently (which has beaten the S&P I think since 1932 most of which wasn't any time in the last 20 years). His mix of AIVSX/AMCPX/AMRMX/AGTHX for actively managed funds to compare against the S&P has been beaten by the S&P over 10/15 year intervals and is beaten eve...
by deltaneutral83
Wed Dec 26, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Wow, Behaviorial Finance is Real
Replies: 49
Views: 9011

Re: Wow, Behaviorial Finance is Real

I have a friend who panicked and sold everything a month or two ago (including 401K) and is sitting in 100% cash right now trying to decide when to buy back in. No thanks. If he jumped back in today at any point and never timed the market again and did things the BH way the rest of his investing ca...
by deltaneutral83
Wed Dec 26, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Wow, Behaviorial Finance is Real
Replies: 49
Views: 9011

Re: Wow, Behaviorial Finance is Real

TLH-ing with ETF's vs mutual funds brings out the behavioral finance because you buy/sell at certain prices while the markets are open vs all at the NAV after 4pm with traditional mutual funds and you have less "friction" just like in your 401(k). It's real. For people that are simply market timing,...
by deltaneutral83
Fri Dec 21, 2018 11:14 am
Forum: Investing - Theory, News & General
Topic: Bear Market - Mindset Expectations
Replies: 61
Views: 6158

Re: Bear Market - Mindset Expectations

My best guess is the Dow drops 42% to 15,559, in late 2019/2020. I am amused that you are able to point the exact price level of the DJIA -- 15,559 -- but aren't able to narrow the date down to more than a vague 6 month window of "late 2019/2020". Surely you should be able to pinpoint the exact day...
by deltaneutral83
Thu Dec 20, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Lively HSA offers first dollar investing
Replies: 353
Views: 52363

Re: New HSA provider Lively offers investments for $30/yr fee

I just got an email from Lively saying they are done with the fees for "individuals and families." It had been $2.50 a month all in no minimums but I guess now that's gone too. Must be responsive to Fido's new HSA pitch.
by deltaneutral83
Wed Dec 19, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781836

Re: U.S. stocks in free fall

Well, my theory was that this thread was a contrary indicator. Whenever the thread would pop up, stocks would rally. Worked pretty well except for the August 2015 through February 2016 period, when we briefly hit bear market territory. Hasn't really worked too well in 2018 as the market seems to wa...
by deltaneutral83
Wed Dec 19, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 134
Views: 14269

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

This will work nicely for me, and I assume everyone on here is using this card for the platinum preferred rewards. I have both the cash rewards and premium rewards cards, I will be selecting dining as the 5.25% category for this particular situation, very solid, and beats any other card for dining i...
by deltaneutral83
Wed Dec 19, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 135
Views: 18987

Re: Net worth of $3.7M at age 47 - can I retire?

If we put $451k into a CD (or CDs) now earning 2.75%, we would earn $140,555 in compounding interest over the next 10 years, vs paying $149,369 in mortgage interest at 4.125%. (based on a Vertex42 spreadsheet) So perhaps the mortgage payoff isn't the best idea, but cash flow considerations and a ca...
by deltaneutral83
Tue Dec 18, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Are limit orders an attempt at timing the market?
Replies: 14
Views: 983

Re: Are limit orders an attempt at timing the market?

No I don't think so. I set orders at the ask and then hit submit on my VTI/VXUS and usually go 3/4 of the way to the ask on VIOV and have always been filled. Flash crash of May 2010 incident will quickly show you why (in that case, sellers; stops and trailing stops) putting limit orders in retains s...
by deltaneutral83
Mon Dec 17, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781836

Re: U.S. stocks in free fall

Can we officially call this a Bear yet? The official definition of a bear market is 20% down from the highs. Don't think any of the averages are there yet but plenty of individual stocks that are down 20% or more. A correction is defined as being off 10% from the highs. We have definitely hit that....
by deltaneutral83
Sun Dec 16, 2018 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Airbnb as side gig
Replies: 44
Views: 3033

Re: Airbnb as side gig

Like any other industry, feedback is important. Someone with 10+ positive feedback is different than someone who signed up the day they are making a request. It's important to get opinions about Airbnb from people that have actually used it in your area. On a related note, people who are intending t...
by deltaneutral83
Thu Dec 13, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: 2019 Roth IRA Contributions
Replies: 15
Views: 986

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: 36
Views: 2118

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: 36
Views: 2118

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: 36
Views: 2118

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: 5741

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: 249
Views: 20294

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: 22067

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: 10061
Views: 1781836

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: 10061
Views: 1781836

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: 695

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: 1423

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: 12996

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: 12996

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: 7108

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: 5371

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: 4553

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: 2988

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: 33
Views: 3481

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: 2961

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: 6137

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: 6137

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: 1500

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: 1126

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: 18799

Re: Bogle Sounds a Warning on Index Funds

I would start to worry when we hit 70-75% in index funds.