Search found 37 matches

by foo.c
Sat Aug 18, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 39
Views: 2280

Re: PITI 20% to 30% lower than renting

What do you do if rents and PITI move in tandem for the rest of your life?
by foo.c
Fri Aug 17, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 39
Views: 2280

Re: PITI 20% to 30% lower than renting

How often does this actually happen? I suspect it would have only worked in 2008-2009 in my area and maybe not even then.
by foo.c
Fri Aug 17, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 28
Views: 1521

Re: 401(k): Roth vs Non-Roth

Personally, I don't see it as a binary choice. I do both, and we have Roth IRAs and do taxable as well.
by foo.c
Mon Aug 13, 2018 7:44 am
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9775

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

I bought 100 shares of TUR in pre-market. Such a baller ...
by foo.c
Sat Aug 11, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7408

Re: Rude response from boss re: market adjustment

If someone told me I should reconsider my position I would immediately start looking for another job. That sounds like they've already thought about firing me but saw just enough value to keep me around. That probably explains the stagnant pay in the first place. Not meaning that in a bad way, but i...
by foo.c
Tue Aug 07, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12825

Re: "Age in Bonds" fails almost everyone

I'm too lazy to document it but I bet all the different recommendations for my age now basically converged in 2008-2009.

It may not ever happen again, but it's worth noting this could be a bunch of hand waving and do what makes you comfortable.
by foo.c
Sat Jul 14, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 1139

Re: Pay to be in school district or move?

We went through this same issue and first chose the out of district option. Schlepping kids around and trying to work all the scheduling out with two working parents was a hassle and we ended up moving after 2 years. Would have moved sooner if we could.
by foo.c
Wed Jul 11, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 4762

Re: 30 Year vs 15 Year Mortgage

Klang, I guess we have different definitions of broke.

If you have no money and no income it really doesn't matter what the payment is. If you have some kind of temporary reduced income then I agree it does make a difference.
by foo.c
Wed Jul 11, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 4762

Re: 30 Year vs 15 Year Mortgage

The term of the mortgage is irrelevant. If you have 12 months of expenses saved up, you're obviously broke after 12 months.

At least with the 15 you will have more equity if that does happen. You could potentially walk away with some tax free earnings too.
by foo.c
Wed Jul 11, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: $860 Million ETF Trade
Replies: 16
Views: 2137

Re: $860 Million ETF Trade

deltaneutral83 wrote:
Wed Jul 11, 2018 8:23 am
foo.c wrote:
Wed Jul 11, 2018 2:01 am
With that much, why not just redeem for shares of the companies and save all the basis points?
That's an awful lot of work to save 3/4 bps
Is it? I assume it's all done by computer anyways.
by foo.c
Wed Jul 11, 2018 2:01 am
Forum: Investing - Theory, News & General
Topic: $860 Million ETF Trade
Replies: 16
Views: 2137

Re: $860 Million ETF Trade

With that much, why not just redeem for shares of the companies and save all the basis points?
by foo.c
Tue Jul 10, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 4762

Re: 30 Year vs 15 Year Mortgage

If you can afford it and have savings set aside, then 15. I have at least a couple years worth of expenses including mortgage payments saved up otherwise I wouldn't have done it.

My credit union is offering jumbo CD's that pay higher interest than my mortgage, which is kinda neat.
by foo.c
Sat Jul 07, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 18897

Re: Morningstar: prepare for a lost decade for U.S. stocks

Ok, but how? I think it's more likely to sell off 50% and then rise 100% than just be flat for 10 years.
by foo.c
Sat Jul 07, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: 401k loan to pay off debt?
Replies: 37
Views: 1800

Re: 401k loan to pay off debt?

How confident are you that you can short the right asset in your 401k?

Also consider that decision gets compounded for another 20-30-40 years.
by foo.c
Thu Jun 28, 2018 7:04 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353366

Re: What are you up YTD? [Year To Date]

My active account is up 12.5% YTD. Sold my remaining UVXY yesterday and am 100% cash there now. It's getting harder to win and I think should probably quit while I'm ahead.
by foo.c
Fri Jun 22, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 156
Views: 43543

Re: Is the first 100k really the hardest?

I hit my first 100k 3 times. I think the first time was in 2008.
by foo.c
Mon Jun 18, 2018 10:23 am
Forum: Investing - Theory, News & General
Topic: mega backdoor Roth -- why not stay in the roth 401(k)
Replies: 14
Views: 1281

Re: mega backdoor Roth -- why not stay in the roth 401(k)

Some plans allow in service distributions if you are over 59.5.
by foo.c
Fri Jun 08, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353366

Re: What are you up YTD? [Year To Date]

According to personal capital:

+13.46% in my actively traded play pen
+1.38% in the Schwab robo portfolio

Everywhere else is basically flat. The play pen isn't really worth that much, it just keeps me mentally occupied and stops me from actively trading stuff with more zeroes involved.
by foo.c
Sun Jun 03, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: How do you repay back a 401k loan
Replies: 21
Views: 1883

Re: How do you repay back a 401k loan

Most people have some fixed-income allocation in their 401(k). Rearrange the holdings so that the loan constitutes part of that. No concerns then about the stock market. I get it, but for $6000, I would just short the bank and risk nothing but my credit rating. I wouldn't even stop or reduce my cur...
by foo.c
Sun Jun 03, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: How do you repay back a 401k loan
Replies: 21
Views: 1883

Re: How do you repay back a 401k loan

I would just fix it on credit and live on rice and beans for a while until it was paid off. A 401k loan is actually a short against your 401k and therefore your investment choices (presumably the stock market). You have a decent chance of making the wrong decision there with permanent consequences. ...
by foo.c
Sat Jun 02, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353366

Re: What are you up YTD? [Year To Date]

My active account is up 12.91% as of Friday according to personal capital. Had a really good January, and then doubled my original investment in UVXY when the VIX spiked. Since then my success has been trending down, but I made around 3% back Friday which helped the numbers a lot.
by foo.c
Sat May 19, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 36980

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

3) You can get all of those things when you do Roth conversion of your Trad. 401K at lower tax rate. I don't give a flip about the rate. Let's say I have 1.5 million in my R401k and you have 1.5 in your T401k. It costs me 0 to stuff that into a RIRA, and it costs you something like 500k (I didn't d...
by foo.c
Sat May 19, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 36980

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

The Roth 401k is the clear winner if you consider the lump sum (not the yearly income) and roll that into a Roth IRA at retirement. No RMD Want to pay for a grandkid's college: 0 tax Want to pay for a house: 0 tax Need to pay for long term care: 0 tax Unknown large expense: 0 tax Die: 0 tax (assumin...
by foo.c
Sun Apr 01, 2018 7:30 am
Forum: Investing - Theory, News & General
Topic: Is backtesting worthless? Are there ANY insights you can get from it?
Replies: 69
Views: 5334

Re: Is backtesting worthless? Are there ANY insights you can get from it?

Among other things, it's a good way to waste time while you're waiting for your forward testing to finish.
by foo.c
Fri Mar 30, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353366

Re: What are you up YTD? [Year To Date]

ruralavalon wrote:
Fri Mar 30, 2018 8:24 pm
foo.c wrote:
Fri Mar 30, 2018 6:22 pm
My active account is still up 20%. I was up 24% in January.

Most of my holdings are in VASGX though which is basically flat.
Vanguard LifeStrategy Growth Fund (VASGX) is minus 0.56% year to date.
Isn't that what I said?
by foo.c
Fri Mar 30, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353366

Re: What are you up YTD? [Year To Date]

My active account is still up 20%. I was up 24% in January.

Most of my holdings are in VASGX though which is basically flat.
by foo.c
Thu Jan 25, 2018 9:07 pm
Forum: Investing - Theory, News & General
Topic: Long Term Use Of A Leveraged ETF
Replies: 32
Views: 3225

Re: Long Term Use Of A Leveraged ETF

I used portfolio visualizer to backtest 67% cash and 33% SPXL and it had almost exactly the same result as 100% S&P500, but the most you could have lost was 33% vs. 100% in the all S&P500 (although that would be almost impossible and sign of a bigger problem). I put 10k into a fun account of all lev...
by foo.c
Thu Oct 05, 2017 10:12 am
Forum: Investing - Theory, News & General
Topic: Muni Bond Funds With Regard to Puerto Rico
Replies: 14
Views: 1294

Re: Muni Bond Funds With Regard to Puerto Rico

I wondered about that too. I think maybe they had such a bad credit rating that they were excluded from a lot of funds, but that is just a guess.
by foo.c
Tue Sep 19, 2017 4:29 pm
Forum: Investing - Theory, News & General
Topic: Data-driven individual stock approach
Replies: 28
Views: 2080

Re: Data-driven individual stock approach

Check out Quantopian. I started there and then rolled my own test and simulation harness for algorithm development. For data I am using CSV files from Yahoo, so I'm rather limited by that, but there is price data for the ETFs and funds I use going to back to their inception. My personal goal is more...
by foo.c
Mon Sep 04, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: How much weight do you put on back-testing?
Replies: 53
Views: 4512

Re: How much weight do you put on back-testing?

I think of it like a weather forecast. It's informative. The weather today is often a good predictor of the weather tomorrow, but the actual system is chaotic and we can't predict chaos.
by foo.c
Thu Aug 10, 2017 4:48 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 18119

Re: What Percentage CASH are you?

Higher than optimal over the long term, but feels like not enough right now. Probably means I'm about right.
by foo.c
Tue Aug 08, 2017 7:46 am
Forum: Investing - Theory, News & General
Topic: Deja Vu.. are there too many houses for sale?
Replies: 47
Views: 5234

Re: Deja Vu.. are there too many houses for sale?

I would see that as more positive than negative. Now if you see houses being flipped in your neighborhood ...
by foo.c
Sat Aug 05, 2017 9:36 pm
Forum: Investing - Theory, News & General
Topic: What am I missing? [Ultra-short bond vs Prime MM]
Replies: 50
Views: 6909

Re: What am I missing? [Ultra-short bond vs Prime MM]

Look, the thrust of this tread is that one should not wait for the Fed to raise rates. The expected rate increases are already baked into the price. The risk you face is plain old bond risk rate - not much different than that we have faced for the past 10 years. MM have no risk but also no return. ...
by foo.c
Sat Aug 05, 2017 5:16 pm
Forum: Investing - Theory, News & General
Topic: What am I missing? [Ultra-short bond vs Prime MM]
Replies: 50
Views: 6909

Re: What am I missing? [Ultra-short bond vs Prime MM]

I just started investing outside of my 401k this year and I have a slight loss in BND over that time. Shouldn't I just throw it in a money market instead of watching it slowly go down?
by foo.c
Thu Jul 20, 2017 6:26 pm
Forum: Investing - Theory, News & General
Topic: Do Index Funds Distort Market Valuations?
Replies: 113
Views: 10519

Re: Do Index Funds Distort Market Valuations?

jbolden1517 wrote: Companies in the SP500 with high P/E ratios use cap weighted index funds as a cheap source of financing because via. float manipulation. 1 sentence 23 words.
I haven't read the whole thread ... do you have a specific company as an example?