Search found 1484 matches

by AlphaLess
Sun May 05, 2019 9:22 pm
Forum: Personal Investments
Topic: Futures Down
Replies: 45
Views: 3147

Re: Futures Down

It’s fun seeing portfolio reach all time highs and tomorrow will break the streak. But I know that market fluctuates and market drops are good for us accumulators. Amen to that! I would appreciate another ZERO on that drop. May this 500 point drop turn into 5000 point, or if Market Gods willing, 10...
by AlphaLess
Sun May 05, 2019 9:20 pm
Forum: Personal Investments
Topic: Futures Down
Replies: 45
Views: 3147

Re: Futures Down

Das Tariff Mann Hath Spoken. Der Tariff Mann hath spoken. Most world languages have nouns that are either masculine or feminine. German goes them one better and adds a third gender: neuter. The masculine definite article (“the”) is der, the feminine is die, and the neuter form is das. German speake...
by AlphaLess
Sun May 05, 2019 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Realistic Comp Increase with Doubling Job Responsibilities
Replies: 37
Views: 2257

Re: Realistic Comp Increase with Doubling Job Responsibilities

While my future team would approximately be doubling contributions to the company, I'm surely not expecting to double my all-in comp... Why not? If your old team was generating $5MM in revenue, and your new team will be generating $10MM in revenue, and your position is now more important, then it i...
by AlphaLess
Sun May 05, 2019 9:16 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 275
Views: 26220

Re: "The best and worst U.S. states for retirement"

But to buy a slip in the marina for a 50 foot boat is only $23,000 USD. That's less than a 1/3 of what some 50 ft. slips go for in Florida. That's pretty cheap. I wonder what I'm missing? You can always change the numbers to fit your conclusion. I'm still not sure what I'm missing. That story was f...
by AlphaLess
Sun May 05, 2019 9:15 pm
Forum: Personal Investments
Topic: Futures Down
Replies: 45
Views: 3147

Re: Futures Down

Das Tariff Mann Hath Spoken.
by AlphaLess
Tue Apr 30, 2019 8:41 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 275
Views: 26220

Re: "The best and worst U.S. states for retirement"

If you REALLY have money, you retire to Cap Ferrat in South of France. I always get curious about statements like this. I had to look this place up. Never heard of it before. So, yeah, it's on the French Riviera and it is nice. But to buy a slip in the marina for a 50 foot boat is only $23,000 USD....
by AlphaLess
Tue Apr 30, 2019 12:14 am
Forum: Investing - Theory, News & General
Topic: Alpha Architect: Buyer Beware:The Reality Of Tax Loss Harvesting Benefits
Replies: 22
Views: 2101

Re: Alpha Architect: Buyer Beware:The Reality Of Tax Loss Harvesting Benefits

I use Schwab Intelligent Portfolios which harvested 140K in losses in 2018. No sale made by their algorithm was for pennies, all were for $1000+ in paper losses. I am not able to spend the time watching and timing TLH sales so was happy the computer did it for me. I was able to sell 140K of gains i...
by AlphaLess
Tue Apr 30, 2019 12:13 am
Forum: Investing - Theory, News & General
Topic: Alpha Architect: Buyer Beware:The Reality Of Tax Loss Harvesting Benefits
Replies: 22
Views: 2101

Re: Alpha Architect: Buyer Beware:The Reality Of Tax Loss Harvesting Benefits

https://alphaarchitect.com/2019/04/26/buyer-beware-the-reality-of-tax-loss-harvesting-benefits/ The Alpha Architect guys have a good essay looking at the potential benefits of tax loss harvesting. The size of the tax deferral is dependent on expected returns and future tax tax rates. They conclude ...
by AlphaLess
Mon Apr 29, 2019 10:37 pm
Forum: Investing - Theory, News & General
Topic: Alpha Architect: Buyer Beware:The Reality Of Tax Loss Harvesting Benefits
Replies: 22
Views: 2101

Re: Alpha Architect: Buyer Beware:The Reality Of Tax Loss Harvesting Benefits

https://alphaarchitect.com/2019/04/26/buyer-beware-the-reality-of-tax-loss-harvesting-benefits/ The Alpha Architect guys have a good essay looking at the potential benefits of tax loss harvesting. The size of the tax deferral is dependent on expected returns and future tax tax rates. They conclude ...
by AlphaLess
Mon Apr 29, 2019 10:34 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 275
Views: 26220

Re: "The best and worst U.S. states for retirement"

I trained at Harvard and for New Englanders (many very wealthy) it was normal to be a snow bird. I can't tell you how MANY horror stories I have heard of misdiagnosis or just bad care from the folks who have more money to burn then most. I hate to throw the baby out with the bathwater, but I am war...
by AlphaLess
Sat Apr 27, 2019 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes: marginal rate now vs effective rate in retirement
Replies: 198
Views: 9437

Re: Taxes: marginal rate now vs effective rate in retirement

Your friend is approximately correct. But that’s not the full story. Your taxe rate might also ve higher in retirement.
by AlphaLess
Fri Apr 26, 2019 10:38 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1830
Views: 125025

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Lest anyone claim I have been willfully ignorant of the arguments against the strategy, here is a backtest that is rather disappointing: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2015&firstMonth=3&endYear=2019&lastMonth=12&calendarAligned=false&endDate=04%2F0...
by AlphaLess
Fri Apr 26, 2019 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Lifestyle creep
Replies: 73
Views: 7495

Re: Lifestyle creep

I just ran some numbers, and year to date my annualized lifestyle cost is up over 20% from last year. I’m on pace to spend $33,000 this year, up from $27,000 last year. A couple thousand of it was a personal vacation I just took (I usually have 90%+ deductible business travel, this was not). I save...
by AlphaLess
Fri Apr 26, 2019 10:29 pm
Forum: Personal Investments
Topic: 2,000,000. Now what?
Replies: 45
Views: 9353

Re: 2,000,000. Now what?

$2 million isn't enough to coast for 60 years. I would head for $3 million. +1 Age 30 is too young to rest on your laurels. I’d keep working and saving. However, you have enough money to give you some freedom and flexibility. There’s no reason for you to work in a job that you don’t like. What’s no...
by AlphaLess
Thu Apr 25, 2019 8:29 pm
Forum: Personal Investments
Topic: Disabled, Disillusioned, but Significant Assets - Move Overseas, Offshore?
Replies: 47
Views: 3359

Re: Disabled, Disillusioned, but Significant Assets - Move Overseas, Offshore?

1. Very sorry to hear you have the disability,
2. Very sorry to hear that you were denied SSDI,
3. May I ask what purpose moving out of the USA would accomplish, or you hope would accomplish?

Thanks
by AlphaLess
Thu Apr 18, 2019 8:19 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 275
Views: 26220

Re: "The best and worst U.S. states for retirement"

Meanwhile, here are some data indicating where people are actually moving for retirement and Fla isn't number 1: Data released by United Van Lines — which tracked customers’ state-to-state migration patterns in 2018 — found that New Mexico was the No. 1 state where retirees moved. More than four in...
by AlphaLess
Thu Apr 18, 2019 8:14 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 97
Views: 6587

Re: After financial independence, do you play credit card bonus games?

Always. The returns to credit card bonus games are a lot:
- tax-free,
- low effort.
by AlphaLess
Thu Apr 18, 2019 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18784

Re: Wife hates new job...wants to quit after 1 day

In the meantime, she has the easiest job in the world. Good money, no responsibility. I'd take the job right now. That's great, if it also came with a 5-6 year job guarantee, and a way to avoid the nasty environment. The days never end in a job where there's nothing to do. Arrive, get coffee, sit d...
by AlphaLess
Tue Apr 09, 2019 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18784

Re: Wife hates new job...wants to quit after 1 day

ad2007 wrote:
Tue Apr 09, 2019 8:43 am
In the meantime, she has the easiest job in the world. Good money, no responsibility. I'd take the job right now.
That's great, if it also came with a 5-6 year job guarantee, and a way to avoid the nasty environment.
by AlphaLess
Tue Apr 09, 2019 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18784

Re: Wife hates new job...wants to quit after 1 day

Some comments, don't take this as criticism:

1. Poor job search and job negotiation. You need to ensure that these type of problems don't arise *BEFORE* you start the new job. To do so, you request to meet as much of the new team as possible, meet boss's boss, etc,

2. Go back to the old job.
by AlphaLess
Mon Apr 08, 2019 10:20 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Are you annually spending in Real or Nominal Terms?
Replies: 63
Views: 3899

Re: Retirees: Are you annually spending in Real or Nominal Terms?

How many retirees in the forum are actually keeping track and taking retirement income in “real” terms? That is, if In year 1 you are taking $10k, the following year you have a set plan and are taking $10k + an inflation factor? Or are you taking an amount and any sum not spent or used for consumpt...
by AlphaLess
Mon Apr 08, 2019 9:15 pm
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4164

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

I have a credit freeze, and last time I unfreezed it I had a problem. I won't go into details. I told a new car dealer that if I bought from him I could pay with a cashiers check, but I would not unfreeze to let him do a credit check. He said they insist on a credit check to make sure they are sell...
by AlphaLess
Mon Apr 08, 2019 8:20 pm
Forum: Investing - Theory, News & General
Topic: Rebalance after IPO windfall ?
Replies: 25
Views: 2732

Re: Rebalance after IPO windfall ?

A much simpler way to look at it: if the founders and early investors want to sell, why would you hold? These are mainly new shares that are being issued for the IPO, not founder shares or early investor shares. I am sure founders / investors sold some shares, but they represent a small fraction of...
by AlphaLess
Mon Apr 08, 2019 8:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Performance Of State Pension Plans
Replies: 46
Views: 4854

Re: Larry Swedroe: Performance Of State Pension Plans

I never understood what it means for a pension fund to be x% funded. Isn't the funding ratio just the ratio of money actually in the fund to money needed to cover liabilities given an assumed rate of growth for the fund's assets and some actuarial assumptions about future liabilities? I don't know....
by AlphaLess
Mon Apr 08, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Indexing's share of trading is 1%, VG White Paper
Replies: 11
Views: 1356

Re: Indexing's share of trading is 1%, VG White Paper

A couple of comments:
- having small footprint in trading is good for the investors of the underlying assets,
- 1% is NOT that small.
by AlphaLess
Sun Apr 07, 2019 11:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Performance Of State Pension Plans
Replies: 46
Views: 4854

Re: Larry Swedroe: Performance Of State Pension Plans

We've seen in the past that bondholders are put at the back of the line when pensions are on the line. Knowing this makes me leery of using muni bonds in my own personal asset allocation, even though from a tax perspective they make sense. Others here seem more sanguine about munis. Do you mean ind...
by AlphaLess
Sun Apr 07, 2019 11:12 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Performance Of State Pension Plans
Replies: 46
Views: 4854

Re: Larry Swedroe: Performance Of State Pension Plans

I never understood what it means for a pension fund to be x% funded.
by AlphaLess
Sun Apr 07, 2019 11:10 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 92
Views: 6395

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

ad2007 wrote:
Sun Apr 07, 2019 10:38 pm
AAPL - 4% w/ the rest in Vanguard funds at 50/50 AA

Not an Anti-Boglehead thing. Just the last stock from the Pre-Boglehead days.
Ah, that's not so bad. AAPL already has 4%ish in total stock market.
by AlphaLess
Sun Apr 07, 2019 11:10 pm
Forum: Investing - Theory, News & General
Topic: Pure Alpha Fund by Bridgewater's Ray Dalio - What are the holdings?
Replies: 15
Views: 2020

Re: Pure Alpha Fund by Bridgewater's Ray Dalio - What are the holdings?

nisiprius wrote:
Fri Mar 15, 2019 3:11 pm
I will watch Le Bron James closely, and do exactly what he does, three seconds later.
Let me know how that works out.
by AlphaLess
Sun Apr 07, 2019 7:27 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 92
Views: 6395

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

I have Robinhood app on my phone where I have bought some individual stocks... BCS - 255 shares bought after Brexit vote at $7.80 TSLA - 18 shares bought at $196 AMZN - 5 shares bought at $1645 TGT - 39 shares bought at $58 AAPL - 25 shares bought at $142 NVDA - 10 share bought at $185 BABA - 9 sha...
by AlphaLess
Sun Apr 07, 2019 7:16 pm
Forum: Investing - Theory, News & General
Topic: Rebalance after IPO windfall ?
Replies: 25
Views: 2732

Re: Rebalance after IPO windfall ?

In a typical IPO, the C-Suite / Investment Bankers have decided what they believe the company is worth. When you hold on to company stock after the IPO, you are essentially saying that you believe the executive team / investment bankers have mispriced the equity and the initial offering price shoul...
by AlphaLess
Sun Apr 07, 2019 7:15 pm
Forum: Investing - Theory, News & General
Topic: Rebalance after IPO windfall ?
Replies: 25
Views: 2732

Re: Rebalance after IPO windfall ?

I agree with BL, and would like to add, unless your situation is truly unusual you rely on your employer for your income and your healthcare. Keeping stock in your employer, unless you're in the C suite and can exert substantial influence over the business, further concentrates your risk by tying y...
by AlphaLess
Fri Apr 05, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Breast Milk - 1099-MISC SCH C or Line 21?
Replies: 40
Views: 3687

Re: Selling Breast Milk - 1099-MISC SCH C or Line 21?

Breast Milk is considered merchandise, and the company that is paying me $1.00/ounce for the product should not be issuing me a 1099-MISC for these payments. Establishing a business (self-employed) to produce or sell Breast Milk wouldn’t be a recognized business as the volume produced and duration ...
by AlphaLess
Thu Apr 04, 2019 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord looking to buy out my lease. Whats a reasonable price?
Replies: 73
Views: 5115

Re: Landlord looking to buy out my lease. Whats a reasonable price?

At the time of renting, if the department of buildings designated the zoning to say X number of apartments in Y buildings are rent controlled, then the renter could stay in the apartment at a specific rate until such time as they voluntarily gave it up or became deceased and such tenant had no livi...
by AlphaLess
Thu Apr 04, 2019 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord looking to buy out my lease. Whats a reasonable price?
Replies: 73
Views: 5115

Re: Landlord looking to buy out my lease. Whats a reasonable price?

A personal story, my grandparents lived in an apartment complex that was sold and to be turned into condos. Fortunately for my grandparents and unfortunately for the purchasers my parents were both attorneys. The condo eventually got them out—8 years after the initial purchase. Sounds annoying for ...
by AlphaLess
Thu Apr 04, 2019 10:11 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 275
Views: 26220

Re: "The best and worst U.S. states for retirement"

One of the hardest things in "Best and Worst" lists is to appropriately account for the consumer's utility function. So a simple model in which different features are weighted, and then added up to a score (a linear model, so to speak) lacks the knowledge of the utility of the consumer. Let's take w...
by AlphaLess
Thu Apr 04, 2019 10:02 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 275
Views: 26220

Re: "The best and worst U.S. states for retirement"

Taylor Larimore wrote:
Sat Mar 30, 2019 10:50 am
Bogleheads:

How does your state rank as a place to retire?

The best and worst U.S. states for retirement

Best wishes.
Taylor
Who is making this list?
Because a large percentage of "best and worst" articles on the internet are click-baits.
by AlphaLess
Thu Apr 04, 2019 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord looking to buy out my lease. Whats a reasonable price?
Replies: 73
Views: 5115

Re: Landlord looking to buy out my lease. Whats a reasonable price?

There are 3 separated things here: 1. What is fair 2. What it the lease worth for the renter 3. What is the lease worth for the landlor What is fair is probably the deposit back, one month notice and one month of rent for inconvenience. For 2, not much. Similar or even less than 1. For 3, obviously...
by AlphaLess
Thu Apr 04, 2019 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord looking to buy out my lease. Whats a reasonable price?
Replies: 73
Views: 5115

Re: Landlord looking to buy out my lease. Whats a reasonable price?

gold99xx wrote:
Thu Apr 04, 2019 9:02 pm
Where I live I would ask for $500,000- $1,000,000.00
Do you live in Monaco?
by AlphaLess
Thu Apr 04, 2019 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord looking to buy out my lease. Whats a reasonable price?
Replies: 73
Views: 5115

Re: Landlord looking to buy out my lease. Whats a reasonable price?

Market rent is closer to 2800 for a similar apartment. They will be entirely demolishing the building and making luxury units for sale. Do you have an option to renew the lease, or is your lease over in 4 months. If your lease is over in 4 months, an unreasonable demand would make them wait it out....
by AlphaLess
Thu Apr 04, 2019 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord looking to buy out my lease. Whats a reasonable price?
Replies: 73
Views: 5115

Re: Landlord looking to buy out my lease. Whats a reasonable price?

A personal story, my grandparents lived in an apartment complex that was sold and to be turned into condos. Fortunately for my grandparents and unfortunately for the purchasers my parents were both attorneys. The condo eventually got them out—8 years after the initial purchase. Sounds annoying for ...
by AlphaLess
Thu Apr 04, 2019 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord looking to buy out my lease. Whats a reasonable price?
Replies: 73
Views: 5115

Re: Landlord looking to buy out my lease. Whats a reasonable price?

I’d ask for the moon. Does your lease have a right of renewal? If so you have him by the you know what. You have below market rent. You likely would have stayed. Why would you be in any rush to leave? This is a huge inconvenience to you. What’s the absolute worst that could happen? You get nothing ...
by AlphaLess
Thu Apr 04, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Just Bought an Annuity
Replies: 149
Views: 11571

Re: Just Bought an Annuity

Is the COLA rate fixed at 2%? My COLA rate is fixed at 2%. You can get a fixed 3% or 4% if you want to. TravelforFun It's interesting that there are no true inflation-adjusted annuities. Or at least they are not common. And even if they exist, payouts are probably terrible. Look: bonds and stocks a...
by AlphaLess
Fri Mar 29, 2019 10:55 pm
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 90
Views: 5328

Re: Heartbeats - The ETF Tax Dodge

[Thread merged into here, see below. --admin LadyGeek] Starting to make more sense why mutual funds report taxable events over ETFs. “Imagine that a grocer got a tax deduction every time someone returned a box of cornflakes to his store. Heartbeats are when the grocer asks a friend to buy all the b...
by AlphaLess
Fri Mar 29, 2019 8:22 pm
Forum: Personal Investments
Topic: Surprised on tax benefit after first year as landlord!
Replies: 20
Views: 3427

Re: Surprised on tax benefit after first year as landlord!

If you have a mortgage and have less than $150,000 of modified adjusted gross income, you can deduct a substantial amount of losses (maybe $25,000). The losses are achieved early on from mortgage interest and depreciation. However, keep in mind that when you sell the place (and not exchanged), you ...
by AlphaLess
Fri Mar 29, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 7110

Re: Anybody else get a huge tax increase due to SALT deduction changes?

Eric76 wrote:
Thu Mar 28, 2019 10:31 pm
Move to Florida. :D
I doubt he could get paid what he does doing what he does in Florida.
by AlphaLess
Sun Mar 24, 2019 4:37 pm
Forum: Personal Investments
Topic: Price ETFs during the weekends or before the market opens?
Replies: 21
Views: 915

Re: Price ETFs during the weekends or before the market opens?

I would not. Prices can be very volatile at the open, and spreads can get really wide. What I usually do is wait until about 15 minutes after the open to place my orders. With mutual funds you can completely avoid estimating prices, is there a similar approach for ETFs besides placing the inflated ...