Search found 304 matches

by Walkure
Mon Jan 11, 2021 10:09 am
Forum: Personal Investments
Topic: Ibonds worth it even with the penalty?
Replies: 6
Views: 723

Re: Ibonds worth it even with the penalty?

Percentage-wise, it probably makes good sense. In absolute terms, we're talking $168/year on the $10k annual max in I-bonds. You didn't say if you were married or what size of down payment you were considering, but this is at best a solution for only a portion of the funds. Up to you whether it's wo...
by Walkure
Mon Jan 11, 2021 10:04 am
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 172
Views: 7974

Re: 2021 Hedge Fund Contest

Once again back with a long-only fund, the folks at Furst Quinn Tyler Lasch; having ended 2020 in neither the first quintile nor the last (but beating the market!) are pleased to announce their new lineup, the " SUM(2,0,2,1) = 5g Fund " Long: XLNX CIEN SKWS Perhaps you meant Skyworks Solu...
by Walkure
Thu Jan 07, 2021 1:10 pm
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 172
Views: 7974

Re: 2021 Hedge Fund Contest

Once again back with a long-only fund, the folks at Furst Quinn Tyler Lasch; having ended 2020 in neither the first quintile nor the last (but beating the market!) are pleased to announce their new lineup, the "SUM(2,0,2,1) = 5g Fund"

Long:
XLNX
CIEN
SKWS
by Walkure
Thu Jan 07, 2021 10:26 am
Forum: Investing - Theory, News & General
Topic: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios
Replies: 97
Views: 5847

Re: Start Date Sensitivity: A Potentially Important Variable Impacting Portfolios

This SDS metric does not seem to measure what I think of as "Start Date Sensitivity." In my mind, Start Date Sensitivity is a measure of short term volatility relative to annual volatility. In other words, if I'm running a backtest over the same year but I start on January 5th instead of J...
by Walkure
Thu Jan 07, 2021 10:21 am
Forum: Personal Consumer Issues
Topic: Exterior Paint Products
Replies: 36
Views: 1785

Re: Exterior Paint Products

The siding is HardiePlank (around 10 years old) with wood trim. The parts of the trim that are rotting (there always seems to be some wood rot somewhere) will be replaced with PVC . Where visible siding has a problem, the plank will be replaced totally to avoid the seam showing. Planks that are not...
by Walkure
Mon Jan 04, 2021 2:11 pm
Forum: Personal Consumer Issues
Topic: Exterior Paint Products
Replies: 36
Views: 1785

Re: Exterior Paint Products

The siding is HardiePlank (around 10 years old) with wood trim. The parts of the trim that are rotting (there always seems to be some wood rot somewhere) will be replaced with PVC . Where visible siding has a problem, the plank will be replaced totally to avoid the seam showing. Planks that are not...
by Walkure
Thu Dec 31, 2020 7:20 pm
Forum: Personal Investments
Topic: Latam Stocks
Replies: 5
Views: 387

Re: Latam Stocks

Morningstar shows that less than 2% of Total International is in Latin American countries. Of that, 1.48% is Brazil. All others combined don't even add up to .5% If your friend insists on pinpointing the cause of recent underperformance, you might note that Japan's weight is 8x that of Latin America.
by Walkure
Tue Dec 22, 2020 10:27 pm
Forum: Investing - Theory, News & General
Topic: Sequence of return risk for those nearing retirement
Replies: 115
Views: 9202

Re: Sequence of return risk for those nearing retirement

Obviously SORR is usually bandied about in terms of equities, but a rising rates scenario where the early retirement bond tent has its own bad sequence of returns poses, in my mind, a far thornier problem. I think that most of the worst years to retire (i.e. the lowest SWR historically) included thi...
by Walkure
Mon Dec 21, 2020 4:39 pm
Forum: Personal Investments
Topic: EE Bonds for high income couple in their 30's
Replies: 47
Views: 3571

Re: EE Bonds for high income couple in their 30's

I posted in another thread but I wanted to post here as well for visibility. We are in a similar situation to OP, early 30s, ~350k combined income. We have a high equity allocation with the rest in cash (~700k, 90:10). The cash covers roughly 12 mo expenses. We also just started a large mortgage (~...
by Walkure
Fri Dec 18, 2020 10:33 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7260
Views: 710077

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

As an aside for those of us holding HFEA in taxable, I noticed that both UPRO and TMF have suspended their quarterly dividend policy. The last distribution was for 1Q 2020. Granted they were only yielding .4% previously, so it never mattered much anyway, but good to know. And of course, just days a...
by Walkure
Fri Dec 18, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: CAPE as a withdrawal strategy
Replies: 104
Views: 350

Re: CAPE: A much stronger predictor of stock returns than many think

It seems that some of the latest 'anti-CAPE' arguments revolve around CAPE not being necessary for accumulators. I don't think that anyone has claimed that CAPE is necessary for anyone at any time. Rather, some have said that they have found it useful for planning purposes. Those who don't believe ...
by Walkure
Wed Dec 16, 2020 6:21 pm
Forum: Investing - Theory, News & General
Topic: CAPE as a withdrawal strategy
Replies: 104
Views: 350

Re: CAPE: A much stronger predictor of stock returns than many think

It seems that some of the latest 'anti-CAPE' arguments revolve around CAPE not being necessary for accumulators. I don't think that anyone has claimed that CAPE is necessary for anyone at any time. Rather, some have said that they have found it useful for planning purposes. Those who don't believe ...
by Walkure
Wed Dec 16, 2020 5:38 pm
Forum: Investing - Theory, News & General
Topic: CAPE: A much stronger predictor of stock returns than many think
Replies: 544
Views: 34966

Re: CAPE: A much stronger predictor of stock returns than many think

That is a nice academic excersize. While I have never said CAPE is useless, this is precisely why I keep questioning how actionable it really is. How many proponents of valuation models were telling people in the depths of the 1999/2000 recession "Hey this is great, with valuations this low, y...
by Walkure
Wed Dec 09, 2020 11:08 am
Forum: Personal Consumer Issues
Topic: Economics of CFH (coffee from home)
Replies: 35
Views: 2438

Re: Economics of CFH (coffee from home)

I spent some time to calculate my price per cup of coffee from my Mr. Coffee drip coffee machine. Using my at home grinder and kitchen scale, 1.8 oz of ground coffee goes into a pot of coffee (12 "cups", which the coffee industry considers 6 oz a "coffee cup"). I have big mugs, ...
by Walkure
Wed Dec 02, 2020 3:57 pm
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging Merriam-Webster vs the Boglehead Wiki
Replies: 62
Views: 3280

Re: Dollar Cost Averaging Merriam-Webster vs the Boglehead Wiki

My paycheck arrives on the first of each month, and I invest it that same day.=== And I assume you do this because your goal is to buy securities as soon as the money becomes available to you, correct? But of course! In that case what you are doing an't DCA, at least according to Merriam-Webster. H...
by Walkure
Wed Dec 02, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7260
Views: 710077

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

As an aside for those of us holding HFEA in taxable, I noticed that both UPRO and TMF have suspended their quarterly dividend policy. The last distribution was for 1Q 2020. Granted they were only yielding .4% previously, so it never mattered much anyway, but good to know.
by Walkure
Wed Oct 14, 2020 6:09 pm
Forum: Investing - Theory, News & General
Topic: Direct indexing and implied volatility
Replies: 7
Views: 803

Re: Direct indexing and implied volatility

Thanks for the very clear explanations. I think you've exposed where my thinking was off; it seems like the phenomenon boils down to three simple things: 1. the different risk profile in the equity sleeve, 2. the asymmetry of the individual options payoffs, and 3. the general bull market of late ou...
by Walkure
Wed Oct 14, 2020 4:44 pm
Forum: Investing - Theory, News & General
Topic: Direct indexing and implied volatility
Replies: 7
Views: 803

Re: Direct indexing and implied volatility

I'll try restating this from an arbitrage point of view. My contention is equivalent to saying that you could sell naked calls on every constituent of the SP500, at their relative weights in the index, deep in the money, use a portion of the premium to buy a call on the entire index, also deep in th...
by Walkure
Tue Oct 13, 2020 11:35 pm
Forum: Investing - Theory, News & General
Topic: Direct indexing and implied volatility
Replies: 7
Views: 803

Direct indexing and implied volatility

Here's my headscratcher of the day: The CBOE Buy-Write Index, which simulates holding equities and then writing covered calls on the index, has generally trailed the SP500 over its history. https://www.google.com/finance/quote/BXM:INDEXCBOE?sa=X&comparison=INDEXSP%3A.INX But isn't this just a fl...
by Walkure
Fri Oct 09, 2020 1:08 pm
Forum: Personal Investments
Topic: Should We Ever Save for Children's College?
Replies: 467
Views: 30445

Re: Should We Ever Save for Children's College?

As one who currently has two in college, and will have three in college next year, the math you cite is accurate with regards to the EFC calculation. However, the reality of what college or university costs net, is a separate issue all together. While the EFC can be a handy calculator, how a school...
by Walkure
Thu Oct 08, 2020 1:34 pm
Forum: Personal Investments
Topic: Should We Ever Save for Children's College?
Replies: 467
Views: 30445

Re: Should We Ever Save for Children's College?

No argument from me! We told daughters repeatedly that we would pay 100% for an in-state public university. And, we would do our best to pay for an out of state public university or a private university. Having multiple children in college simultaneously can really put a hurting on a parents budget...
by Walkure
Thu Oct 08, 2020 9:08 am
Forum: Investing - Theory, News & General
Topic: Is this info on Big Tech valid?
Replies: 19
Views: 1269

Re: Is this info on Big Tech valid?

6) If you sold, how much would you sell, and where would you direct the realized gains? Thinking of selling enough to recoup initial investment (maybe just a bit more) then let the rest ride. Regardless of the reliability of the "reason" you've cited, which others have already addressed, ...
by Walkure
Tue Sep 29, 2020 12:54 pm
Forum: Personal Investments
Topic: My Company Didn't Update my 401K Contribution Amount
Replies: 14
Views: 1333

Re: My Company Didn't Update my 401K Contribution Amount

30% contributions for the rest of the year so I told my wife it would be a cheap Christmas this year. :oops: Why? Let's say that 8% of 3 quarters and 30% of 1 quarter of the year equals 13% all year or whatever. Fine. In both cases you still put $19.5k in the 401(k) and get the same tax breaks. Why...
by Walkure
Fri Sep 25, 2020 4:58 pm
Forum: Personal Consumer Issues
Topic: Any Blended Scotch Drinkers Here?
Replies: 56
Views: 4684

Re: Any Blended Scotch Drinkers Here?

Whyte & Mackay 13 is a nice blended that's essentially a standard 12 year with an extra finishing step in sherry casks. It's tricky to find in the States, though.

Palate-wise, I like light, smooth, caramel and peat with a low tolerance for smokiness.
by Walkure
Wed Sep 23, 2020 9:24 am
Forum: Personal Consumer Issues
Topic: Pay Realtor Per Showing
Replies: 47
Views: 3273

Re: Pay Realtor Per Showing

Am I the only person who went around looking at houses at open houses by herself? Then I knew what was available, what prices were really, and what I wanted. Yes, it was a hot housing market, but there is always another house on the horizon, and nobody was pushing me to make a decision or hurry up....
by Walkure
Wed Sep 23, 2020 8:25 am
Forum: Personal Consumer Issues
Topic: Pay Realtor Per Showing
Replies: 47
Views: 3273

Re: Pay Realtor Per Showing

Writing down requirements is an excellent idea and something I should go about doing. I think under a 'normal market' this would function quite well, but the real estate market I am in is absolutely crazy. A so-so home in a good neighborhood came on the market yesterday and already has multiple off...
by Walkure
Tue Sep 22, 2020 7:36 pm
Forum: Personal Consumer Issues
Topic: Synology NAS -> DS220J, DS420j, DS418
Replies: 38
Views: 2083

Re: Synology NAS -> DS220J, DS420j, DS418

I use a Synology NAS for my home network. It's great. However, I'm only using a two disk one. If I had to buy all over again, I'd opt for more than two disks. I'm planning to upgrade in the near future. rockstar, But, the price of 2 X DS220J ($170) = 1 X DS420J ($300)/DS418 ($370). You get both dis...
by Walkure
Tue Sep 22, 2020 7:19 pm
Forum: Personal Consumer Issues
Topic: Synology NAS -> DS220J, DS420j, DS418
Replies: 38
Views: 2083

Re: Synology NAS -> DS220J, DS420j, DS418

I've been looking into an NAS/media server setup as well and had been leaning toward a DS220+, but apparently there is some issue with the hardware transcoding driver that Intel shipped impacting all of the Celeron J4xxx series chips. They will probably patch it eventually, but until then the only w...
by Walkure
Mon Sep 21, 2020 9:07 pm
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 555
Views: 76494

Re: Your USER NAME...what does it mean?

Electrum is an alloy of silver and gold that occurs in nature. The first metal coins were made of electrum. Sounds like a great name for a cryptocurrency. Mine comes from the Wagner opera, Die Walküre , the third act overture being better known to American audiences as "Kill the Wabbit!" ...
by Walkure
Fri Sep 18, 2020 4:11 pm
Forum: Investing - Theory, News & General
Topic: what % of stocks in SP500 returns better than index?
Replies: 27
Views: 2654

Re: what % of stocks in SP500 returns better than index?

GM was just a single example to prove the point. Reinvesting all earned money into the same stock, watching the stock go to a 100% loss, and then concluding 96% of stocks don't outperform the index is just wrong. If you increase the study length to 500 years I am sure the results will be that 100% ...
by Walkure
Thu Sep 10, 2020 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any different financial considerations/rules for a childless couple?
Replies: 95
Views: 9760

Re: Are there any different financial considerations/rules for a childless couple?

I can't imagine having friends who would handle something like this. Not saying no one has such friends, but it must be extremely rare. Possibly extended family such as nieces and nephews. This would require having such extended family to begin with. For example, my parents are both only children, ...
by Walkure
Wed Sep 09, 2020 5:51 pm
Forum: Personal Investments
Topic: Trying to renovate my portfolio
Replies: 10
Views: 1028

Re: Trying to renovate my portfolio

Certainly looks like you should make the backdoor Roth a priority. A target of 4-5M at individual rates would almost certainly push you into a higher bracket than your working years. Is there a pension option where you defer the payout/annuity (similar to waiting to collect SS @70) that buys you mor...
by Walkure
Wed Sep 09, 2020 8:43 am
Forum: Personal Investments
Topic: Help setting up Mass Mutual account
Replies: 13
Views: 878

Re: Help setting up Mass Mutual account

1. What is the administrative fee on the new employer's 401(k) plan? (This is separate from the fund expense ratios and appears in the plan disclosures. Asset charge of 0.17% ) 2. Is any of the inheritance in retirement accounts subject to the SECURE Act or is it all taxable? I was told only the di...
by Walkure
Tue Sep 08, 2020 1:38 pm
Forum: Personal Investments
Topic: Help setting up Mass Mutual account
Replies: 13
Views: 878

Re: Help setting up Mass Mutual account

...My parents both passed away within the last 18 months so I have a windfall of cash, but on the advice of books on the subject, not rushing into spending or allocating it. I also started a new job a few months ago and need to start my 401 k and rollover my previous one... Questions: 1. Need help ...
by Walkure
Fri Sep 04, 2020 2:53 pm
Forum: Personal Investments
Topic: By what time should I place my stock buy order today?
Replies: 6
Views: 947

Re: By what time should I place my stock buy order today?

I ended up placing a stop order. It will be less than 5% of my portfolio, if it goes through. As it is in taxable, I will have the option of tax loss harvesting. We'll see what happens. Did you mean a limit order? I'm not sure why you would use a stop order to buy unless you were covering a short.
by Walkure
Tue Sep 01, 2020 4:51 pm
Forum: Personal Investments
Topic: Husband doesn’t want to follow my investment plan
Replies: 47
Views: 4997

Re: Husband doesn’t want to follow my investment plan

Maybe put him in charge of researching how to set up a 529 plan for new baby? Nothing like a tax deduction to incentivize putting money to work... and (depending on the state) he might be able to play the prepaid tuition vs. market game, which is at least a better option than keeping it in non-yield...
by Walkure
Fri Aug 28, 2020 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Maximizing Treasury Direct I/EE Purchase Limits
Replies: 13
Views: 980

Re: Maximizing Treasury Direct I/EE Purchase Limits

With regards to 3, I don't think there's any step up in basis on inherited savings bonds, so maybe you're passing up a tax arbitrage opportunity versus just gifting them appreciated taxable securities, then inheriting them back without gains? Not sure on the mechanics of that, but it seems easier th...
by Walkure
Thu Aug 27, 2020 7:58 pm
Forum: Personal Consumer Issues
Topic: Hilton Head recommendation
Replies: 11
Views: 1412

Re: Hilton Head recommendation

Would like to plan a vacation at Hilton Head. It has been over 30 years since I’ve been there and would appreciate suggestions. I remember the names of palmetto dunes, sea pines and harbor town, but other than Harbour town being sort of a “town shopping center”, I don’t remember much. Any help with...
by Walkure
Thu Aug 27, 2020 6:34 pm
Forum: Investing - Theory, News & General
Topic: If International, what specifically?
Replies: 88
Views: 7484

Re: If International, what specifically?

Vegomatic wrote: Mon Aug 24, 2020 5:30 am iShares, fwiw, offers an EM ex (Peoples Republic of) China ETF, EMXC

https://www.ishares.com/us/products/288 ... a-etf-fund
Columbia also offers a similar fund, XCEM, with a lower expense ratio but a more concentrated basket of holdings.
by Walkure
Thu Aug 27, 2020 11:48 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 178
Views: 19829

Re: Prime Money Market Changing to Cash Reserves Federal Money Market

[Merged here - mod oldcomputerguy] Prime is moving from a 33% tilt to a full cash, federal, and federal collateralized fund. Change will occur in September. Other changes include lower Admiral limit to $3000. You can move now or it will automatically happen over the next 6 months. However, there’s ...
by Walkure
Wed Aug 26, 2020 7:17 pm
Forum: Personal Investments
Topic: What are my rights & what can i do about a 401-k?
Replies: 21
Views: 2381

Re: What are my rights & what can i do about a 401-k?

Sorry, didn't know how much information you needed. Vanguard Total Bond -VBTLX .05% approx. $125,773.85 fees & expenses $534.59 per quarter '' Developed Markets -VTMGX .07% $124,662.63 " $448.73 " 500 -VFIAX .04% $281,441.96 " $0.00 Plan Fee 0.79% Age 55. Believe me, i'am countin...
by Walkure
Wed Aug 26, 2020 4:22 pm
Forum: Investing - Theory, News & General
Topic: "Turning 401(k) Plans into Lifetime Investments"
Replies: 47
Views: 4520

Re: "Turning 401(k) Plans into Lifetime Investments"

an_asker wrote: Wed Aug 26, 2020 3:00 pm
TomatoTomahto wrote: Wed Aug 26, 2020 11:08 am Thanks for the link. I learned today that “interim final” is a thing. :D
I'm assuming you've heard of "Draft Final" (though I don't know if it is the same as "Final Draft" or not lol).
It is not even the beginning of the end. But it may be the end of the beginning.
by Walkure
Mon Aug 24, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: Vanguards says 'Why International Now'
Replies: 38
Views: 4611

Re: Vanguards says 'Why International Now'

Regarding 1, I'm wondering what "International" means in terms of hedging. ... By contrast, Vanguard's recent market outlook (June 19) at https://institutional.vanguard.com/VGApp/iip/site/institutional/researchcommentary/article/InvComBeyondPandemic, has a table for "Expected ten-yea...
by Walkure
Fri Aug 21, 2020 11:56 am
Forum: Personal Investments
Topic: VXUS vs VEU in taxable account
Replies: 4
Views: 582

Re: VXUS vs VEU in taxable account

I am trying to choose an international equity ETF to partner with VTI for my taxable investment account and have been puzzling over VEU vs VXUS. Both seem amazingly similar in characteristics in terms of expense ratio and turnover. Which one would you choose for a taxable account? If neither, what ...
by Walkure
Fri Aug 21, 2020 10:55 am
Forum: Investing - Theory, News & General
Topic: If International, what specifically?
Replies: 88
Views: 7484

Re: If International, what specifically?

Earlier this year, I tax loss harvested out of Total International to Vanguard FTSE Ex US. Then a few weeks later I TLH again into Vanguard Developed Markets and have stayed there ever since. The only major difference between Developed Market and the previous two is that it doesn't have the 25% eme...
by Walkure
Thu Aug 20, 2020 2:23 pm
Forum: Investing - Theory, News & General
Topic: Can Quality Save International Stocks?
Replies: 8
Views: 865

Re: Can Quality Save International Stocks?

I, like many Bogleheads, have been underwhelmed and disappointed by international stock returns. However, I found an index that screens for quality (high Return-on-Equity (ROE), low leverage and low earnings variability) and that index, since 2005, has dramatically outperformed the total internatio...
by Walkure
Thu Aug 20, 2020 12:37 pm
Forum: Investing - Theory, News & General
Topic: Can Quality Save International Stocks?
Replies: 8
Views: 865

Re: Can Quality Save International Stocks?

I, like many Bogleheads, have been underwhelmed and disappointed by international stock returns. However, I found an index that screens for quality (high Return-on-Equity (ROE), low leverage and low earnings variability) and that index, since 2005, has dramatically outperformed the total internatio...
by Walkure
Mon Aug 17, 2020 5:56 pm
Forum: Personal Investments
Topic: What Individual stocks are you buying?
Replies: 147
Views: 12790

Re: What Individual stocks are you buying?

I sold my "forever" position in INTC last week, a position I started back in 2014/2015. The 7 nm botch was too much for me to digest. I've started dabbling in AAPL and FB, but now I'm just short-term trading. I will trade from FANGMAN + BLK depending on my fancy. I plan to liquidate every...
by Walkure
Mon Aug 17, 2020 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank Horror Story: Is this right?
Replies: 107
Views: 8352

Re: Ally Bank Horror Story: Is this right?

Maybe check your state's unclaimed property records under your landscaper's name?