Search found 694 matches

by ThriftyPhD
Sat Sep 15, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 36
Views: 2395

Re: Solar Install w/ SolarCity

Balefire wrote:
Sat Sep 15, 2018 5:21 pm
Why is the generator deducted from the cost?
mmcmonster wrote:
Sat Sep 15, 2018 4:57 pm
We got the PowerWalls instead of getting a home generator and it acts as both generator and whole-house surge protection. Getting a similar propane generator would have cost us $15k (installed).
by ThriftyPhD
Tue Sep 11, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: 401K vs Taxable Brokerage Account
Replies: 17
Views: 1273

Re: 401K vs Taxable Brokerage Account

Lets look at it from this hypothetical perspective- If I invested $18500 in the same mutual fund in both a taxable account and a 401K for 30 years would one be higher than the other assuming no 401k match? The 401k would be higher. The taxable would have tax due every year from the dividend. Plus, ...
by ThriftyPhD
Mon Sep 03, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: Placing a stop-loss order with vanguard
Replies: 29
Views: 2367

Re: Placing a stop-loss order with vanguard

... Nope. As long as we agree on the definition of a loss. If the price of any security goes up after you sell for any reason, you could consider it a "loss" since you could have held it a bit longer and gotten more for it. And I would still disagree. The purpose is to prevent you from losing even ...
by ThriftyPhD
Mon Sep 03, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5539

Re: Does it make sense to invest in individual stocks if you stick to what you know?

I mean suppose you're a doctor or a surgeon. The guy actively managing the big Fidelity fund will know much less than you about drugs and stuff like that; he will hold 50 or perhaps 100 stocks in his portfolio in all sorts of fields and he's an expert in none of them. Thanks to your specialised pro...
by ThriftyPhD
Mon Sep 03, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5539

Re: Does it make sense to invest in individual stocks if you stick to what you know?

It's a bad idea. The question you should ask is what do you know that the professionals in the market don't. The answer is NOTHING. I mean suppose you're a doctor or a surgeon. The guy actively managing the big Fidelity fund will know much less than you about drugs and stuff like that; he will hold...
by ThriftyPhD
Mon Sep 03, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5539

Re: Does it make sense to invest in individual stocks if you stick to what you know?

It's a bad idea. The question you should ask is what do you know that the professionals in the market don't. The answer is NOTHING. I mean suppose you're a doctor or a surgeon. The guy actively managing the big Fidelity fund will know much less than you about drugs and stuff like that; he will hold...
by ThriftyPhD
Sun Sep 02, 2018 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Fund a Roth IRA with balance transfer CC
Replies: 14
Views: 595

Re: Fund a Roth IRA with balance transfer CC

Hi all, Background: I am in my final year of residency and currently have a household income of ~$30,000. I have student loans that will total ~ $430,000. In one year when I graduate I estimate my income to be $250-300k.  Being that I am currently in a 0% tax bracket, I feel like it's a great oppor...
by ThriftyPhD
Sun Sep 02, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Fund a Roth IRA with balance transfer CC
Replies: 14
Views: 595

Re: Fund a Roth IRA with balance transfer CC

You can always contribute to a Roth as well... for now at least, unless rules change someday. Look up "backdoor Roth". No need for the OP to do a ¨backdoor Roth.¨ With household income of ~$30K, he can go in the front door, and just contribute to a regular Roth IRA, assuming he is filing either MFJ...
by ThriftyPhD
Sat Sep 01, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Don't Look and Have A Doctor Waiting When You DO
Replies: 35
Views: 5701

Re: Don't Look and Have A Doctor Waiting When You DO

Something else to consider in a employer plan (401k/403b/etc). Often your employer will change the available funds, and one of the funds you're using might be taken away. There will be a default mapping, but it might not be what you want. Or there might not be a default mapping that makes sense and ...
by ThriftyPhD
Sat Sep 01, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 4963

Re: Will I ever sell Ibonds from 2001 - 3% fixed

I-bonds may be the preferrable type of bonds -- I'm not arguing against that point. However, with money you have no intention of ever needing, or plan to pass to heirs -- I would not hold bonds, I would reduce my bonds amount and buy more VTSAX. You're still not quite understanding. Let's put numbe...
by ThriftyPhD
Fri Aug 31, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 4963

Re: Will I ever sell Ibonds from 2001 - 3% fixed

He's been doing a lot of that in this thread. He is clearly trolling. No not trolling. Pointing out contradictions being made. My only position is that stocks are likely better investments than I-bonds for the very long term 30+ years. I'm just engaging with people who disagree with that. I'm very ...
by ThriftyPhD
Sat Aug 25, 2018 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: rebalance when you have stock that hasn't vested?
Replies: 4
Views: 279

Re: rebalance when you have stock that hasn't vested?

In my opinion, until it vests it's not yours. So I wouldn't consider it part of your asset allocation.
by ThriftyPhD
Thu Aug 23, 2018 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Extra savings account for signing bonus?
Replies: 6
Views: 682

Re: Extra savings account for signing bonus?

which I'd hope didn't include whatever taxes were taken out! I'm not sure, but I think if you return it in the same year you were given the money, you wouldn't owe taxes on it. It would all work out correctly when you filed your taxes by being removed from your W2 income. I think the issue is if yo...
by ThriftyPhD
Wed Aug 22, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Extra savings account for signing bonus?
Replies: 6
Views: 682

Re: Extra savings account for signing bonus?

which I'd hope didn't include whatever taxes were taken out! I'm not sure, but I think if you return it in the same year you were given the money, you wouldn't owe taxes on it. It would all work out correctly when you filed your taxes by being removed from your W2 income. I think the issue is if yo...
by ThriftyPhD
Wed Aug 22, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]
Replies: 76
Views: 7253

Re: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]

When a university holds back a degree over something like an unpaid parking ticket, I never hear the moral argument. Which means that it's morally correct to hold back a degree that someone has earned (due to admin) but not ok to take advantage when admin works in your favor? (For disclosure, I don...
by ThriftyPhD
Wed Aug 22, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Extra savings account for signing bonus?
Replies: 6
Views: 682

Re: Extra savings account for signing bonus?

I don't think there is any drawback, but I think it's rather conservative. You should check your paperwork, but usually the repayment is only necessary if you voluntarily leave. If you're laid off, fired, or disabled you wouldn't have to pay it back (again, check your specific paperwork to confirm)....
by ThriftyPhD
Wed Aug 22, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Help Me Understand income Taxes
Replies: 9
Views: 1439

Re: Help Me Understand income Taxes

I would suggest you use the IRS Withholding Calculator.
by ThriftyPhD
Sun Aug 19, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put the first $5000
Replies: 24
Views: 1870

Re: Where to put the first $5000

Finally at the stage where I've saved my first $5000, getting ready to open a Vanguard Roth IRA. Ideally, I plan to rollover to VTSAX next year once I meet the $10,000 minimum. It's probably of small importance, but given my scenario, which fund would you choose for this first year? I'm currently d...
by ThriftyPhD
Sun Aug 19, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Young dentist seeking advice
Replies: 5
Views: 713

Re: Young dentist seeking advice

I honestly do not know what my earning potential would be if I were to purchase a dental practice of my own. Hard to make a decision without knowing this. What would your expenses be (lease, equipment, staff salary, accountant, ???), and what revenue would you expect (how many patients, what would ...
by ThriftyPhD
Sun Aug 19, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: PCP Wants Full Charge Up Front [Primary Care Physician]
Replies: 108
Views: 6581

Re: PCP Wants Full Charge Up Front

Of course there are probably other PCPs that don't do this so you can vote with your wallet if you don't like it. I wouldn't like it either, but I don't begrudge them for it, they probably have had difficulty collecting payment. One option if they're having trouble collecting payment from the insur...
by ThriftyPhD
Sat Aug 18, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Momentum ETF (VMOM). Any thoughts on it? [UK investor]
Replies: 27
Views: 1467

Re: Vanguard Momentum ETF (VMOM). Any thoughts on it? [UK investor]

Furthermore, if we look at the record since 12/31/2007, admittedly a specially-chosen endpoint and with only a bit more than ten years of data, you see that, specifically, performance in 2008-2009 was a serious problem. I don't know if this is an example of a "momentum crash." As usual, if we look ...
by ThriftyPhD
Sat Aug 18, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4607

Re: Advantages of I-Bonds vs CD ?

This point is independent of using I Bonds as part of your e-fund--I'm simply challenging the notion that the tax deferral is necessarily "a real boon", when compared to non-tax deferred, higher yielding TIPS. As I said, this has been analyzed at length in other threads, and my recollection of the ...
by ThriftyPhD
Thu Aug 16, 2018 8:42 pm
Forum: Personal Consumer Issues
Topic: Boglehead Birthday Gift for 50th B Day - Fine Spirits
Replies: 29
Views: 2069

Re: Boglehead Birthday Gift for 50th B Day - Fine Spirits

Consider a personalized set of glassware. A couple examples: https://swankybadger.com/products/decanter-diamond?variant=29568008897 https://www.markandgraham.com/products/monogrammed-handblown-whiskey-decanter-tray/ This way, he'll remember the gift for longer, and there won't be an issue of trying ...
by ThriftyPhD
Thu Aug 16, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4607

Re: Advantages of I-Bonds vs CD ?

I didn't say anything about an emergency, nor did the poster whom I replied to. I was simply doing the math to compare to other 1-year alternatives, since that's what aristotelian said aristotelian did. I come to a different conclusion than aristotelian does. I was going by the OP which was asking ...
by ThriftyPhD
Thu Aug 16, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1046
Views: 80755

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

9 pages in. I have to ask. Has a single person changed their position having read or participated in this thread? :shock: :oops: :sharebeer I haven't changed my opinion, but I have thought about WHY I have that opinion and reconfirmed my expectations and goals for my international choice. It's alwa...
by ThriftyPhD
Thu Aug 16, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4607

Re: Advantages of I-Bonds vs CD ?

The early withdrawal option on a 5-year CD purchased at a significant premium to a 5-year (nominal) Treasury gives the 5-year CD a pretty good inflation hedge, especially if the EWP is six months of interest or less. I've seen it mentioned that some (most?) banks require their consent before you ca...
by ThriftyPhD
Thu Aug 16, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4607

Re: Advantages of I-Bonds vs CD ?

They are not liquid for the first year, so I compare them to 1 year CDs. Usually I Bonds come out ahead. You will lose 3 months interest if you cash out within 3 years. Otherwise the interest rate and tax advantage beats 1 year CD. Correction: you lose three months of interest if redeemed within fi...
by ThriftyPhD
Mon Aug 13, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 74
Views: 7667

Re: Marriage [How should finances be handled?]

Hi all, I will be getting married next month. Me and the fiancée are both investing and paying down student loans in accordance with the boglehead way. Now I am here for guidance as to what actions should be taken financially after marriage. Do we continue investing/saving/ paying down our student ...
by ThriftyPhD
Sat Aug 11, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 77
Views: 5174

Re: How often do you check your brokerage accounts

I download statements when they become available. For most of my accounts, this is monthly or quarterly. I get an email when these are available and login to download them. I also check when making a transaction, or when I login after an automatic transaction occurred (such as in my 401k) to confirm...
by ThriftyPhD
Sat Aug 11, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Mutual Funds vs. ETF's
Replies: 30
Views: 2248

Re: Mutual Funds vs. ETF's

I’ve never found a brokerage that either wouldn’t automatically reinvest ETF dividends or one that charged an extra fee to dispose of fractional shares. On Merrill Edge: Your stock or ETF commissions sell orders may also be subject to a fractional share liquidation fee of 10% of proceeds. Well that...
by ThriftyPhD
Sat Aug 11, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: Mutual Funds vs. ETF's
Replies: 30
Views: 2248

Re: Mutual Funds vs. ETF's

vineviz wrote:
Sat Aug 11, 2018 12:17 pm
I’ve never found a brokerage that either wouldn’t automatically reinvest ETF dividends or one that charged an extra fee to dispose of fractional shares.
On Merrill Edge:
Your stock or ETF commissions sell orders may also be subject to a fractional share liquidation fee of 10% of proceeds.
by ThriftyPhD
Sat Aug 11, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: Mutual Funds vs. ETF's
Replies: 30
Views: 2248

Re: Mutual Funds vs. ETF's

I don't understand your preference regarding "reinvestment and fractional issues". In both my former Merrill Edge and current TD Ameritrade accounts, I have automatic dividend reinvestment setup for the ETFs and it works just fine. One concern often raised is that fractional shares can be penalized...
by ThriftyPhD
Wed Aug 08, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25071

Re: Invest in Tesla?

The other manufacturers will have to be dragged kicking and screaming into electric vehicles, no matter how many models they promise, concept artwork they release, etc. Mitsubishi, Nissan, Ford, and Volvo all had regular production EV's on the market before Tesla (not counting the original roadster...
by ThriftyPhD
Tue Aug 07, 2018 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard Mutual Funds at Merrill Edge
Replies: 9
Views: 3305

Re: Buying Vanguard Mutual Funds at Merrill Edge

Since you get a number of free trades, why don't you buy the ETF version of the components the target retirement fund that you want and then rebalance once a year. This may even be advantageous as the expense ratio will be lower because there are not admiral shares for target retirement funds. Sorr...
by ThriftyPhD
Tue Aug 07, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25071

Re: Invest in Tesla?

One reason, I suspect, for the Musk announcement was to produce a short squeeze and drive up Tesla's sagging price. Tesla is the most heavily shorted stock in history, I believe, and currently hedge funds have huge short positions. By announcing a potential $420/share private purchase with financin...
by ThriftyPhD
Tue Aug 07, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25071

Re: Invest in Tesla?

This means TSLA in play. I suspect that some serious number crunching now being done by likes of Apple, Google, and legacy auto makers like Daimler Benz and Volkswagen. Not to mention unknown Chinese or Japanese companies. We live in interesting times. None of these would make the company private. ...
by ThriftyPhD
Tue Aug 07, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25071

Re: Invest in Tesla?

One reason, I suspect, for the Musk announcement was to produce a short squeeze and drive up Tesla's sagging price. Tesla is the most heavily shorted stock in history, I believe, and currently hedge funds have huge short positions. By announcing a potential $420/share private purchase with financin...
by ThriftyPhD
Sun Aug 05, 2018 8:36 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25071

Re: Invest in Tesla?

What is ironic is that the video got it backwards and would have been much closer to reality if the characters where Tesla diehard fanboys. I don't think the 'Tesla diehard fanboys' are surprised by the stock moves. Plus, many fans of Tesla the company are not investors in TSLA. I hope Tesla does w...
by ThriftyPhD
Sun Aug 05, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Local Bank IRA
Replies: 10
Views: 568

Re: Local Bank IRA

Do you see any reason why the CD portion of their investments should not be with the local bank. This would be one reason: The banks have showed them some options....mutual funds, annuities ect... all of which I can easily argue against. Would the local bank leave them alone with their CDs, or woul...
by ThriftyPhD
Sat Aug 04, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25071

Re: Invest in Tesla?

TSLA up 10% in extended trading. At what point do you cut your losses? Not a good day to be a shorter. Why would you cover when your thesis hasn’t changed and their financials haven’t meaningfully improved? Same company, short more when it goes up, right? Just like when you “buy cheap” when the mar...
by ThriftyPhD
Wed Aug 01, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25071

Re: Invest in Tesla?

Honda $61B Clarity has 89 mile rang. Toy car. Clarity Hybrid is EXACTLY the type of car I'd want. All-electric for 50 miles, then kicks on the gas engine for longer drives. Fits ALL purposes. Electric only commute, but still able to drive ANYWHERE, including scenic roads, and small highways, not ju...
by ThriftyPhD
Fri Jul 27, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25071

Re: Invest in Tesla?

Feel free to short the stock if you think EV won't take off. The enormous, experienced manufacturers you mention are not experienced EV manufacturers and don't seem to have any real plans for going into this space. I know, I know, they had some concept cars and say they will have dozens coming withi...
by ThriftyPhD
Thu Jul 26, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25071

Re: Invest in Tesla?

Some quick research..... Of the 1 Billion cars sold worldwide last year, Tesla produced 100k. Now, my silly graduate engineering and math classes must have failed me here because somehow, I can't figure out where that's 10% or has any hope of every being 10%. Market cap, I'm finding: 10: FCA $36B 9...
by ThriftyPhD
Mon Jul 16, 2018 7:10 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 81
Views: 6716

Re: $540 a month on food for graduate student budget too much?

You can definitely cut that down by cooking yourself. For example, you mention chipotle burritos. You can make your own burrito bowls by cooking up rice, beans, and meat yourself. A couple dollars for a pound of dry rice, a couple dollars for a pound of dry beans (or a few dollars for a couple cans ...
by ThriftyPhD
Mon Jul 16, 2018 6:56 am
Forum: Investing - Theory, News & General
Topic: Math help: 401k vs debt payoff formula
Replies: 17
Views: 1667

Re: Math help: 401k vs debt payoff formula

Because I think you have incorrectly estimated both the risk and the return of junk bonds. Btw, right now Vanguard's VWEAX (junk bonds) has an SEC yield of 5.85% and VTSAX (US stocks) has an SEC yield of 1.83%. Go check for yourself. If you really believe in the line of reasning that you offered, t...
by ThriftyPhD
Sun Jul 15, 2018 8:18 pm
Forum: Investing - Theory, News & General
Topic: Math help: 401k vs debt payoff formula
Replies: 17
Views: 1667

Re: Math help: 401k vs debt payoff formula

The current SEC yield on Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) is 5.75%. This is higher than your expected 5% nominal for stocks. Are you moving from equities to high yield bonds? Nope. I don't invest in non-investment-grade products. Yes there is a default risk, but if there i...
by ThriftyPhD
Sun Jul 15, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: Math help: 401k vs debt payoff formula
Replies: 17
Views: 1667

Re: Math help: 401k vs debt payoff formula

Current yields suggest a future return of 3% real, or around 5% nominal depending on inflation. It would be negligent to expect 9% for no good reason. You have ignored the effects of inflationary periods, you have ignored current yields, and you have ignored trends in GDP growth. Long term equity r...
by ThriftyPhD
Sun Jul 15, 2018 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2672

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

mortfree wrote:
Sun Jul 15, 2018 5:49 pm
If your plan has spillover election be sure that is turned off.

Congrats on maxing both.
Why turn off spillover election?
by ThriftyPhD
Sun Jul 15, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 60
Views: 5423

Re: Bears!!!

I had a relative who lived out in the woods. Any garbage left outside for long would attract bears. He built a box around the garbage cans using extra thick wood planks. A few times bears came around and left good size scratches in it, but the box held. After a while they moved on and stopped trying.
by ThriftyPhD
Fri Jul 13, 2018 8:01 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109372

Re: To take or not to take delivery of Tesla 3

The typical Model 3 that has normal AP (traffic sensing cruise control) is 54K. A little over the typical Boglehead auto suggestion. Extended range, premium interior, normal Auto Pilot (AP) is $49k. Adding Enhanced Auto Pilot is $5k more, or $54k total. You somehow complain that they aren't offerin...