Search found 60 matches

by redstar
Mon Jan 20, 2020 10:10 am
Forum: Investing - Theory, News & General
Topic: Critique this leveraged portfolio
Replies: 80
Views: 5077

Re: Critique this leveraged portfolio

I wanted to try to recreate this with leverage via futures, both because it should be cheaper (fewer fees and maybe lower borrowing costs) and some people dislike the leverage reset (although it is likely safer). The equity side is pretty easy to hold with just ETFs, and the treasuries can be levera...
by redstar
Sat Jan 18, 2020 7:25 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 920
Views: 81698

Re: Lifecycle Investing - Leveraging when young

If you're looking for simple, straight-forward leverage: The Dec 2022 option contracts are now open for business. Little volume thus far but the strike price of 230 seems to have a couple of contracts going. At this strike price, you'd get approximately 3:1 leverage. Delta is solidly 1.00, so you'r...
by redstar
Sat Jan 18, 2020 7:20 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4907
Views: 424116

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

Apropos of nothing, but did anyone else's banner turn black? As in the forum design colors seem different from before. Just making sure I didn't get some sort of virus or something. I've noticed as well. Not a virus. I believe it’s in memorium of Bogle, as the anniversary of his death was last week.
by redstar
Thu Jan 16, 2020 1:53 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18105

Re: Who’s Buying Bitcoin?

I can pay for my coffee in bitcoin and then pay for a shopping trip at Nordstrom. Pretty crazy to think the top dogs are accepting bitcoin as currency! I'll admit I used Bitcoin to buy a sandwich at a local deli once. But the transaction fees are pretty high for these small transactions. It looks l...
by redstar
Thu Jan 16, 2020 1:43 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18105

Re: Who’s Buying Bitcoin?

I can pay for my coffee in bitcoin and then pay for a shopping trip at Nordstrom. Pretty crazy to think the top dogs are accepting bitcoin as currency! I'll admit I used Bitcoin to buy a sandwich at a local deli once. But the transaction fees are pretty high for these small transactions. It looks l...
by redstar
Thu Jan 16, 2020 1:28 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18105

Re: Who’s Buying Bitcoin?

watchnerd wrote:
Wed Jan 15, 2020 10:15 pm
I'm not buying any more Bitcoin until I can pay for it with physical gold without converting it to dirty fiat in between.
You can already post an ad on https://localbitcoins.com/ offering gold for Bitcoins.
by redstar
Thu Jan 16, 2020 1:04 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18105

Re: Who’s Buying Bitcoin?

I have a small allocation to cryptocurrency. I decided to buy the top 5 cryptocurrencies by market weight, which requires fairly little rebalancing. I originally tried to own the top 20, but cryptocurrencies moved in and out of the index too often and I couldn't keep up. I exclude Tether, as this is...
by redstar
Thu Jan 16, 2020 11:50 am
Forum: Investing - Theory, News & General
Topic: Lowest cost way to get leveraged equity exposure
Replies: 49
Views: 3497

Re: Lowest cost way to get leveraged equity exposure

If you want a 1.5X balanced fund that does not reset leverage daily, look at NTSX (expense ratio 0.2). A bogleheads thread about it is here: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=256020 Inside a non-taxable account (like an IRA), you could also look at the 2X balanced mutual fund PSL...
by redstar
Thu Jan 16, 2020 11:23 am
Forum: Investing - Theory, News & General
Topic: How to choose a strike price on a protective put?
Replies: 5
Views: 407

How to choose a strike price on a protective put?

I'm trying to learn more about options, and I'm also considering buying some, but I'm having a hard time figuring out what strike price to choose. I would appreciate some advice from those on this forum who have evaluated options previously. My fiance will receive some restricted stock units of MSFT...
by redstar
Wed Jan 15, 2020 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Quick DAF limit question
Replies: 1
Views: 172

Re: Quick DAF limit question

misterjohnny wrote:
Wed Jan 15, 2020 5:22 pm
Max amount to donor advised fund in capital appreciated stock: 90k x 30% = 27k
That seems correct from your rough numbers, unless there are any deductions that would reduce AGI. If she wanted to donate more than 27k to the DAF, the remainder could be carried forward for up to 5 years.
by redstar
Tue Jan 14, 2020 1:06 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 920
Views: 81698

Re: Lifecycle Investing - Leveraging when young

I've been interested in Lifecycle Investing for about 3 years or so, but have recently read the book and become interested again. I'd like to start paper trading to get the hang of LEAPs and/or futures. Can anyone recommend a brokerage that has good paper trading accounts for options and futures?
by redstar
Mon Jan 13, 2020 11:07 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4907
Views: 424116

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

I'm $300 away from the minimum. I guess I'll just go do a conversion and then I can join the PSLDX bandwagon in Roth. Yeah, I’m just waiting to cross the $25k threshold in my Roth IRA at Vanguard to go into PSLDX. It just seems like a lot less hassle compared to moving the Roth account and worrying...
by redstar
Sat Jan 11, 2020 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone sold a home to Zillow?
Replies: 26
Views: 5082

Re: Has anyone sold a home to Zillow?

Is Zillow's offer remotely related to the price that shows up when Zillow shows you your Zestimate house price ? Of course, the offer would be different if the house were rented, since then it would be modeled on a cash flow basis. Slightly off topic, but I am curious if would-be purchasers (especi...
by redstar
Sat Jan 11, 2020 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone sold a home to Zillow?
Replies: 26
Views: 5082

Re: Has anyone sold a home to Zillow?

If a Zillow offer is WAY under market value, I would not be interested. Cash for quick sale people are of no interest to me. I am looking to sell a rental home. If it was 10-15% below with no realtor fees, as is, ability to time the sale to meet my needs for a 1031 exchange, avoid a vacant rental h...
by redstar
Sat Jan 11, 2020 10:26 am
Forum: Personal Finance (Not Investing)
Topic: College student, hourly worker, eligible to participate in 403(b) plan
Replies: 5
Views: 258

Re: College student, hourly worker, eligible to participate in 403(b) plan

At my university it depends on how many hours one works in a year. I think it’s approximately 50% of full-time. Only US citizens are eligible for the 403(b), but there’s a separate 401(k) program that all eligible workers can participate in. Our 403(b) has both Vanguard and TIAA, although they are r...
by redstar
Fri Jan 10, 2020 12:00 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4907
Views: 424116

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

Is it worth contributing to a nondeductible IRA if I want to add to my UPRO/TMF position? The verdict on nondeductible IRAs seems very mixed, but assuming I want to stay the course and rebalance as often as needed, would it be better than taxable in this case? Could you do a backdoor Roth to conver...
by redstar
Sat Jun 22, 2019 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Simple Interest Mortgages (AKA Daily Accrual)
Replies: 4
Views: 644

Re: Simple Interest Mortgages (AKA Daily Accrual)

2. How do I compare the possible savings/costs between one of these mortgages and a more traditional monthly accrual? I can't find online calculators that really handle a daily accrual. I developed a little spreadsheet that will calculate both types of mortgage. In some cases the simple-interest-da...
by redstar
Fri Jun 21, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Simple Interest Mortgages (AKA Daily Accrual)
Replies: 4
Views: 644

Simple Interest Mortgages (AKA Daily Accrual)

We're shopping for refinance rates right now and my partner's colleague told her that some banks like Wells Fargo don't apply mid-month partial payments right away. After some research, it seems this is typical behavior. But the colleague is recommending we seek out a mortgage lender that calculates...
by redstar
Tue Sep 11, 2018 9:00 pm
Forum: Personal Investments
Topic: Rearranging portfolio to be more simple - should I go with the Fidelity ZERO funds?
Replies: 10
Views: 1936

Re: Rearranging portfolio to be more simple - should I go with the Fidelity ZERO funds?

I'm now thinking of just using VTI and VXUS in my taxable account at Fidelity. I have a bunch of free trades so I don't need to worry about trading fees. This would also allow me to easily move them to Vanguard and convert them to mutual funds down the line, if I wanted to do so. The Fidelity ZERO f...
by redstar
Thu Aug 30, 2018 4:53 am
Forum: Personal Investments
Topic: Rearranging portfolio to be more simple - should I go with the Fidelity ZERO funds?
Replies: 10
Views: 1936

Re: Rearranging portfolio to be more simple - should I go with the Fidelity ZERO funds?

I'd probably skip the bond fund in the Roth, because (1) in low 6 figures you probably don't have enough for Admiral shares at that percentage, and (2) the higher 403b contributions will balance it out soon enough. Might as well just go 100% stock. If anything, I'd move the Roth to Fidelity and put...
by redstar
Wed Aug 29, 2018 8:19 am
Forum: Personal Investments
Topic: Rearranging portfolio to be more simple - should I go with the Fidelity ZERO funds?
Replies: 10
Views: 1936

Rearranging portfolio to be more simple - should I go with the Fidelity ZERO funds?

Hi everyone. I tried some robo-advisors out last year, but have decided to move to a simpler portfolio after reading a lot of Bogleheads and some reccomended books. I would love it if someone could look over my plan and provide any advice, and I have two specific questions at the bottom. Emergency F...
by redstar
Sun Apr 29, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund that Uses Tax Loss Harvesting
Replies: 27
Views: 2719

Re: Mutual Fund that Uses Tax Loss Harvesting

The Fidelity one that roughly tracks the S&P 500 has a $200k minimum... it lists expenses as .2-.6%... and obviously the higher expenses for the lower investment... but I cannot find specific details on either expenses, or performance... and that last sentence gives me pause with any investment! Fo...
by redstar
Mon Apr 23, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: Should I use margin to buy a balanced fund?
Replies: 933
Views: 265972

Re: Should I use margin to buy a balanced fund?

I was thinking about how to start a leveraged portfolio with about $10k (which is the minimum to open a margin account). Do you plan on keeping the 10/90 asset allocation as you continue to contribute cash, or is it only a transitional point due to the size of the futures contract? If you do plan o...
by redstar
Mon Apr 23, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: 'Basic' phones that work with Lyft & Uber?
Replies: 12
Views: 3312

Re: 'Basic' phones that work with Lyft & Uber?

livesoft wrote:
Mon Apr 23, 2018 8:09 am
Don't you need to use the Uber or Lyft apps and not a browser?
They have mobile websites, as long as the browser can load them: https://help.uber.com/h/4319a198-1f20-4 ... 545375c879
by redstar
Mon Apr 23, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: 'Basic' phones that work with Lyft & Uber?
Replies: 12
Views: 3312

Re: 'Basic' phones that work with Lyft & Uber?

I’m not sure which phones are compatible with the mobile website, but if you want to keep your current phone there are some middlemen who will handle booking for you over the phone.

https://gogograndparent.com
by redstar
Wed Apr 18, 2018 6:35 pm
Forum: Personal Investments
Topic: Divesting gun stocks
Replies: 11
Views: 1547

Re: Divesting gun stocks

I would be a supporter of socially-responsible investing, but I can't find any evidence that divestment (or impact investing for that matter) actually discourages the traits in companies they purport to. Is there research that shows a successful divestment campaign? https://www.newyorker.com/busines...
by redstar
Tue Apr 17, 2018 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding realized/unrealized gains in crypto world
Replies: 33
Views: 2055

Re: Understanding realized/unrealized gains in crypto world

For software to import your cryptocurrency trades and calculate your liability, try www.bitcoin.tax.
by redstar
Fri Apr 13, 2018 12:10 am
Forum: Investing - Theory, News & General
Topic: Shorting the actively managed mutual fund market
Replies: 26
Views: 2707

Re: Shorting the actively managed mutual fund market

A bet that the active fund will underperform the S&P is not the same as a short bet that the active fund will be negative. If the S&P goes up 30%, it is going to be very hard to find an active fund that returns negative. What you want is to somehow be able to bet the difference between the active f...
by redstar
Sun Dec 17, 2017 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can charitable deductions reduce short-term capital gains?
Replies: 8
Views: 1177

Re: Can charitable deductions reduce short-term capital gains?

Thank you for clearing that up, I have been thinking about STCG all wrong!
by redstar
Sun Dec 17, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Can charitable deductions reduce short-term capital gains?
Replies: 8
Views: 1177

Re: Can charitable deductions reduce short-term capital gains?

Can I ask a question back at you? How can you have ordinary income at 25% and short-term capital gains at 33%? Hm, it's possible I misunderstand the intersection of LT and ST capital gains so please correct me if I am wrong. My ordinary income is in the 25% bracket. My LT gains push my total income...
by redstar
Sun Dec 17, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Can charitable deductions reduce short-term capital gains?
Replies: 8
Views: 1177

Can charitable deductions reduce short-term capital gains?

Hi all, I have a tax question I am a bit puzzled by. If I have ordinary income at a 25% marginal rate, long-term gains at a 15% rate, and short-term gains at a 33% rate, which income will deductions offset first? If I make a charitable deduction, will it just all apply to ordinary income, therefore ...
by redstar
Thu Sep 14, 2017 1:22 am
Forum: Personal Consumer Issues
Topic: Need Cloud Back-Up Service For Mac
Replies: 8
Views: 1402

Re: Need Cloud Back-Up Service For Mac

I've been using Backblaze for a year and love it. Just signed up for the 2 year plan. I looked into Arq, and it is normally something I would do, but I wanted something simpler so I didn't screw up backups somehow.
by redstar
Thu Sep 14, 2017 1:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard's new security key option
Replies: 120
Views: 37106

Re: Vanguard's new security key option

Does anyone know if Mint/Personal Capital/etc can still import data if I have the security key enabled?
by redstar
Wed Sep 13, 2017 9:00 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 22373

Re: Bitcoin in 3-fund indexed portfolio?

kayanco wrote:
Wed Sep 13, 2017 7:38 am
Swelfie wrote:
Mon Sep 11, 2017 5:36 pm
redstar wrote:
Tue Sep 12, 2017 3:56 pm
Price is below $4000 currently ... Any thoughts on when might be a good buying opportunity?


Thanks.
Sorry, I don't have any investment advice. I sold a a bunch of bitcoin at $18, so I learned my lesson about trying to time the market.
by redstar
Tue Sep 12, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 22373

Re: Bitcoin in 3-fund indexed portfolio?

Based on your experience with cryptography, let me ask: When the initial 24 word passphrase (wallet recovery phrase) is generated, is there a way to encrypt it (e.g. using a password from memory) to generate another 24 word phrase? i.e.: 24 words -> encrypt -> 24 words* 24 words* -> decrypt -> 24 w...
by redstar
Mon Sep 11, 2017 10:29 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 22373

Re: Bitcoin in 3-fund indexed portfolio?

kayanco wrote:
Mon Sep 11, 2017 10:23 pm

Nonetheless, the price of Bitcoin itself seems prohibitive now ...
Just in case you aren't aware, you can buy fractional bitcoins. If you are just talking about the relative price being high, knowing bitcoin, it will probably crash again :wink:
by redstar
Mon Sep 11, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 22373

Re: Bitcoin in 3-fund indexed portfolio?

Thanks for posting. So I'm guessing you are holding these 20 coins on an exchange? From what I've read, that might be risky. Yeah, it can be. I thankfully haven't lost anything in the big exchange thefts, etc, but I could have. Now, I try to only hold the small ones on several different exchanges, ...
by redstar
Mon Sep 11, 2017 9:58 pm
Forum: Personal Investments
Topic: Why doesn't my Vanguard 403(b) have a total stock index?
Replies: 9
Views: 1070

Why doesn't my Vanguard 403(b) have a total stock index?

This isn't a big deal, because I can work around it, but why would my 403(b) have a bunch of Vanguard funds, but not a total stock market one? Here is what it has: Target-date investments Vanguard Institutional Target Retirement 2015 Fund Vanguard Institutional Target Retirement 2020 Fund Vanguard I...
by redstar
Mon Sep 11, 2017 9:47 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 191
Views: 22373

Re: Bitcoin in 3-fund indexed portfolio?

To calculate this 5%, do you take 5% of your total retirement balance? e.g Take the 401k balance and designate 5% of it? I took 5% of all of my investments (taxable and tax-advantaged) and use that as play money. It really does help with mental accounting, as I don't tinker with the rest of my port...
by redstar
Mon Sep 11, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Wiki article - Bitcoin
Replies: 37
Views: 6480

Re: Wiki article - Bitcoin

Hey, I saw the article and would be happy to help where needed. I totally understand not diving too deep technically, but if there are some frequently asked questions from forum threads, it might be worth including them. I've been messing around with cryptocurrencies for years and would be happy to ...
by redstar
Thu Aug 17, 2017 6:10 pm
Forum: Investing - Theory, News & General
Topic: What we know about robo advisors
Replies: 156
Views: 29997

Re: What we know about robo advisors

I have to say, even with The Robo Report and online reviews, etc, it is extremely hard to choose one of these advisors over the others. Other than their portfolio allocations and recent returns, a lot of their value added is just hard to measure. For example, is Wealthfront Direct Indexing really th...
by redstar
Thu Aug 17, 2017 12:54 pm
Forum: Personal Investments
Topic: Bitcoin
Replies: 138
Views: 17356

Re: Bitcoin

Merchants may prefer it over credit cards because there are no fees or chargebacks. Remember, the transaction time for bitcoin may be slow compared to credit cards, but the settlement time for credit cards is around 1 month (the time after which you cannot do chargebacks). Look at some of the large...
by redstar
Wed Aug 16, 2017 4:49 pm
Forum: Personal Investments
Topic: Bitcoin
Replies: 138
Views: 17356

Re: Bitcoin

I'd be interested in learning of anyone's good experience using, not speculating, in Bitcoin. If we don't come up with something or at least the whisper of something a whole lot better than credit cards, maybe I'll sell the other half soon. I've used Bitcoin to buy a sandwich before, and I sometime...
by redstar
Wed Aug 16, 2017 4:04 pm
Forum: Personal Investments
Topic: Bitcoin
Replies: 138
Views: 17356

Re: Bitcoin

I would also look past Bitcoin to see the potential impact of blockchain tech. Some of these projects, such as smart contracts on Ethereum, really show the non-currency aspect of cryptocurrencies, and how they may be able to do very novel things. The flip side of this is that they are sometimes very...
by redstar
Wed Aug 16, 2017 3:10 pm
Forum: Personal Investments
Topic: Bitcoin
Replies: 138
Views: 17356

Re: Bitcoin

I was (and still am) interested in Bitcoin and blockchain from a tech perspective very early on, but was terrible at holding on to it. I was very excited when it hit parity with a dollar, and I think I sold like 10 BTC at $20 each. I recently put a fixed amount aside to buy cryptocurrencies with, an...
by redstar
Tue Aug 15, 2017 11:00 pm
Forum: Investing - Theory, News & General
Topic: What we know about robo advisors
Replies: 156
Views: 29997

Re: What we know about robo advisors

The Q2 Robo Report is out. I'll go ahead and quote the overall results, but ask if you want to see any specific numbers. Equity FutureAdvisor E*Trade (Hybrid) WiseBanyan Fixed Income E*Trade (Hybrid) Schwab Fidelity Go and E*Trade (ETF) (Tied) Total Portfolio E*Trade (Hybrid) Vanguard Betterment And...
by redstar
Mon Jul 24, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: How to buy (or invest) into Bitcoin?
Replies: 36
Views: 6823

Re: How to buy (or invest) into Bitcoin?

As others have said, Coinbase is definitely the place to buy. Your USD is FDIC insured there, and they have insurance covering the digital assets if anything happens to them. Note that this insurance will not cover your own account security, such as a weak password. To store, I would follow previous...
by redstar
Tue Jul 18, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Your Charitable giving – do you have definitions and guidelines?
Replies: 2
Views: 541

Re: Your Charitable giving – do you have definitions and guidelines?

I am committed to the Giving What We Can pledge, and I interpret this personally with a few rules: 1) I have to give 10% of income per year, where income is salary and capital gains. I usually do this monthly, but it isn't required. Matching donations don't count as it is not my income. 2) Giving ca...
by redstar
Mon Jul 17, 2017 6:51 pm
Forum: Investing - Theory, News & General
Topic: What we know about robo advisors
Replies: 156
Views: 29997

Re: What we know about robo advisors

It would be great if we could get some sort of crowdsourced Bogleheads comparison of the performance of these robo-advisors, as it is hard to compare them with available public data. I guess they would have to have similar risk settings to compare, though. We have that. First link in this thread: h...