Search found 249 matches

by AlphaLess
Sat Jul 14, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

Right. If you don’t want to risk the hassle of a reverse mortgage then don’t pay off your original mortgage but defease it, ie hold duration matched treasuries or other low risk bonds instead. That was point 2) of my first post on this thread.. If you do a different strategy instead with this house...
by AlphaLess
Sat Jul 14, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: 14 years with Bogleheads
Replies: 13
Views: 1986

Re: 14 years with Bogleheads

moneywise3 wrote:
Sat Jul 14, 2018 9:08 pm
My net worth (including new money from income) has increased at 16% per year average. Do these numbers indicate anything?
Well, that number indicates: 1.16 ^ 14 = 7.98. So your net worth has gotten 8x compared to 2014.
Good going!
by AlphaLess
Sat Jul 14, 2018 9:00 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

If your retirement savings fail, either due to bad returns or unexpected expenses or a combination of the two, the paid off house provides an alternate source of funds. You can always get a reverse mortgage to help out. I disagree with that line of thinking. If you take the pay-off amount of the ho...
by AlphaLess
Sat Jul 14, 2018 8:40 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

KyleAAA wrote:
Sat Jul 14, 2018 6:02 pm
You can leverage real estate more cheaply and on much more favorable terms than stocks. Fixed rates and no margin calls are big advantages compared to adjustable margin rates that are aggressively called when the market turns down.
:moneybag
by AlphaLess
Sat Jul 14, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: 26 years old. Roth ira with edward jones last 3.5 years.
Replies: 44
Views: 2536

Re: 26 years old. Roth ira with edward jones last 3.5 years.

^^^
Good for you for making the transfer.

Not only are you helping yourself by saving on fees, but you are also helping get rid of companies that do nothing by leeching.
by AlphaLess
Sat Jul 14, 2018 8:37 pm
Forum: Personal Consumer Issues
Topic: Is expensive olive oil worth it?
Replies: 59
Views: 5453

Re: Is expensive olive oil worth it?

The chemical fingerprint of all aromatic oils is highly influenced by various geographic, terrain, climate, and harvesting factors. In my area of research (I am in science and research for the single largest company in a different oil industry), even the time of day in which the plant from which th...
by AlphaLess
Sat Jul 14, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Braces: Keeping cost down and insurance questions.
Replies: 18
Views: 1361

Re: Braces: Keeping cost down and insurance questions.

drawpoker wrote:
Sat Jul 14, 2018 4:39 pm
Naturally, I consulted another orthodontist (not in network) who said absolutely not, we have no reason to pull healthy teeth prior to putting on braces.
Anybody who would suggest pulling healthy teeth out needs to have some neurons pulled from their brains.
by AlphaLess
Sat Jul 14, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

^^^^ Following that, let me illustrate two really simple scenarios. In both scenarios, you buy a 2x leveraged SP.500 fund (ETF or whatever), *DAILY* rebalanced, let's call this SSO (https://www.morningstar.com/etfs/arcx/sso/quote.html). SPY is the underlying. 1. In the first scenario, the underlying...
by AlphaLess
Sat Jul 14, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

They argue that margin is probably the cheapest way to accomplish it but in tax-advantaged accounts you could use an ETF like ProShares UltraPro S&P500 as part of a portfolio to achieve 1.5x or 2x leverage for extended periods of time. I strongly disagree with using ultra funds for leverage. You ar...
by AlphaLess
Sat Jul 14, 2018 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: 26 years old. Roth ira with edward jones last 3.5 years.
Replies: 44
Views: 2536

Re: 26 years old. Roth ira with edward jones last 3.5 years.

ruralavalon wrote:
Fri Jul 13, 2018 11:38 am
I suggest using some of the $40k cash/in bank to pay off the $11k student debt. Avoiding the 4.45% and 3.76% interest is better than "literally no return" on a bank account
:moneybag
by AlphaLess
Sat Jul 14, 2018 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: 26 years old. Roth ira with edward jones last 3.5 years.
Replies: 44
Views: 2536

Re: 26 years old. Roth ira with edward jones last 3.5 years.

aepgx 86, price $54.30, value: $4670, fee: 0.82%, dollar.fee: $38.30, ref: https://www.morningstar.com/funds/xnas/aepgx/quote.html agthx 108, price $55.61, value: $6005, fee: 0.64%, dollar.fee: $38.4, ref: https://www.morningstar.com/funds/xnas/agthx/quote.html amrmx 105, price $41.66, value: $4674...
by AlphaLess
Sat Jul 14, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Someone is using my cellphone number
Replies: 21
Views: 2779

Re: Someone is using my cellphone number

I hope this is not fraud. What can I do to protect myself? Any suggestions that you think maybe helpful? What sort of fraud are you worried about, or what would you need protection from? Aside from attempting a takeover of your mobile account, what more could they do with your phone number? I would...
by AlphaLess
Sat Jul 14, 2018 5:29 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

They argue that margin is probably the cheapest way to accomplish it but in tax-advantaged accounts you could use an ETF like ProShares UltraPro S&P500 as part of a portfolio to achieve 1.5x or 2x leverage for extended periods of time. I strongly disagree with using ultra funds for leverage. You ar...
by AlphaLess
Sat Jul 14, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Online Savings Account w/o thawing CR
Replies: 18
Views: 1093

Re: Online Savings Account w/o thawing CR

Try SPRXX. Current 7-day yield is 1.85%. Thanks, I should be looking at the 7-day yields, shouldn't I. Although the more I look at MM funds, I see they often have pretty high expense ratios. SPRXX has an ER of 0.42%. Wouldn't that subtract from the yield, ultimately making it a lot lower than a hig...
by AlphaLess
Sat Jul 14, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Getting antsy with indexing? Reporter doing story.
Replies: 12
Views: 2839

Re: Getting antsy with indexing? Reporter doing story.

Hi Everyone: A reporter for a well-known publication is looking to talk to investors who are getting antsy with passive investing, and who may have even pulled out of ETFs these past six months. He wants to know why you are concerned and where you are investing now. If you fit that profile and woul...
by AlphaLess
Sat Jul 14, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: Historical U.S. Portfolio Disasters — Wrapping It All Up
Replies: 32
Views: 2397

Re: Historical U.S. Portfolio Disasters — Wrapping It All Up

NoHeat wrote:
Sat Jul 14, 2018 7:17 am
Todd, I don’t understand the graph.
What is the y axis?
Are portfolio rebalanced on a specific schedule?
+1

Maybe post the data in an excel spreadsheet?
by AlphaLess
Sat Jul 14, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?
Replies: 12
Views: 887

Re: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?

Forget the original question. Answer these two: 1. Why is your brokerage account connected to a card. Even more so: why to a debit card? 2. Why are you using a debit card? You are a fiduciary to your own household's finances. You are in breech of your own fiduciary duty by allowing yourself to use d...
by AlphaLess
Sat Jul 14, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

When was the last time you heard of house prices falling? All the time. In 2006-2008, they fell 50%. In some cities, even more. A house is an undiversified risk asset. Some people buy a "bad" property that ends up having a major issue affecting it's value, or even something happens nearby that affe...
by AlphaLess
Sat Jul 14, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

Debt for a primary residence in the US is generally a long term non-recourse debt. There is also an element of enforced savings as you pay down the mortgage. So there is less risk, but we still paid off the house as fast as I could, while still investing a little. I don't really think of our primar...
by AlphaLess
Sat Jul 14, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

Turbo29 wrote:
Sat Jul 14, 2018 11:21 am
I live in a non-recourse state. Add that the the reasons I don't pay off my mortgage. In a worse-case scenario, I hand the keys to the bank.
Upvote x 100!
by AlphaLess
Sat Jul 14, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

When was the last time you heard of house prices falling? All the time. In 2006-2008, they fell 50%. In some cities, even more. The more relevant points are the following: - housing is not subject to 'noise' volatility (like stocks), - even if housing prices fell, you don't need to top-up your down...
by AlphaLess
Sat Jul 14, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

grok87 wrote:
Sat Jul 14, 2018 7:51 am
Some other thoughts.

1) think in general you want to reduce your mortgage, your home property leverage over time. You start out at 5x leveraged as you say-ie 20% down payment or 20% equity. Arguably by the time you retire you should be 100% equity or 0x leveraged.
Why?
by AlphaLess
Sat Jul 14, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11042

Re: Why is leveraging property good but leveraging stocks bad?

Without reading other responses (so as not to be biased by them, these are my thoughts): 1. First of all, who said that leveraging property is good? Just because we do it already, it does not mean that it is good. But the reality is that we all do it, so let's discuss why we do it. 2. Real Estate pr...
by AlphaLess
Wed Jul 11, 2018 10:05 pm
Forum: Investing - Theory, News & General
Topic: Dow 40000 prediction for 2025
Replies: 44
Views: 3871

Re: Dow 40000 prediction for 2025

KyleAAA wrote:
Tue Jul 10, 2018 11:33 am
That's only a 7% CAGR. Seems reasonable but, of course, you shouldn't count on it.
+1
by AlphaLess
Wed Jun 27, 2018 9:44 pm
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 71
Views: 5314

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

Its to the point where its cheaper to get a hotel room and not deal with the hassle. As an old-fashined capitalist and proponent for competitive markets, I *ALWAYS* make it a point to thoroughly research the market. Thus, for me, 'is it cheaper' problem is being solved continuously, not once-in-a-w...
by AlphaLess
Wed Jun 27, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 71
Views: 5314

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

I think they don't yet have enough fees.

They should also have:
- booking fee,
- online viewing support fee,
- insurance fee,
- account closing fee.

/s
by AlphaLess
Wed Jun 27, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Lost out on promotion
Replies: 104
Views: 10360

Re: Lost out on promotion

2. It allows me to look for a new job. I no longer feel obligated tied here Sorry to hear about your loss. This shall pass to. The most important things you can tell your self are: - corporations and people in corporations are not your friends, - to the extent that you work for a corporation, you n...
by AlphaLess
Mon Jun 25, 2018 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: Best Online Bank for parking cash?
Replies: 13
Views: 1508

Re: Best Online Bank for parking cash?

I am handling the estate of a recently passed relative. We have sold the property and now have cash that needs to be parked for a while until probate is completed. Any suggestions for an online bank where we can place the funds--probably money market or high yield savings? I see Ally and others but...
by AlphaLess
Sun Jun 17, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Using donor advised fund to diversify stock with large capital gains
Replies: 38
Views: 2368

Re: Using donor advised fund to diversify stock with large capital gains

Our accountant suggested that if we don't want to donate it all at once, we should consider putting it in a donor advised fund. The only thing better than that plan would have been to do it prior to Dec.31.2017, assuming you were and are in the highest federal tax bracket. For many, it would have b...
by AlphaLess
Sun Jun 17, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 3969

Re: A different theoretical view of SWR

...theory... Given a 30-year retirement period this yields a SWR of 3.33%. SWRs can easily be calculated for any period and a personal SWR can be developed by assuming a longer or shorter lifespan, planning for one-off expenses or heirs, etc. Thoughts? Sure. But that leaves one big problem open: - ...
by AlphaLess
Sat Jun 16, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Using donor advised fund to diversify stock with large capital gains
Replies: 38
Views: 2368

Re: Using donor advised fund to diversify stock with large capital gains

tj-longterm wrote:
Wed Jun 13, 2018 12:47 pm
Our accountant suggested that if we don't want to donate it all at once, we should consider putting it in a donor advised fund.
The only thing better than that plan would have been to do it prior to Dec.31.2017, assuming you were and are in the highest federal tax bracket.
by AlphaLess
Sat Jun 16, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 16807

Re: Top Shelf Liquor Overrated?

I’ve been comparing: Gordon’s Gin to Blue Sapphire Evan Williams Bourbon to Maker’s Mark Smirnoff Vodka to Grey Goose Kirkland Canadian Whiskey to Crowne Royale Kirkland Cognac to Remy Martin In most of these examples a half gallon is the same price as a fifth of the more expensive liquor. They are...
by AlphaLess
Sat Jun 16, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Last 10 years Stock market Returns - for benchmarking
Replies: 3
Views: 411

Re: Last 10 years Stock market Returns - for benchmarking

I'm new to investing. When I check any stock/index/ETFs average annual returns charts, I see that past 10 years was really good for stock market after the recession. So technically most of the securities show higher positive (+) returns from the past 10 years. But when we look at the returns rate f...
by AlphaLess
Sat Jun 16, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4829

Re: Flaw in Logic? CD ladder instead of bond funds

I'm not going to suggest what you should do, but I want to correct some misleading information that's been shared in this thread. ... Kevin Good post, thanks for sharing. Is there a thread or section here at bogleheads focusing on CDs? If you search for Kevin M's posts you will find many excellent ...
by AlphaLess
Sat Jun 16, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4829

Re: Flaw in Logic? CD ladder instead of bond funds

Kevin M wrote:
Fri Jun 15, 2018 8:23 pm
I'm not going to suggest what you should do, but I want to correct some misleading information that's been shared in this thread.
...
Kevin
Good post, thanks for sharing.
Is there a thread or section here at bogleheads focusing on CDs?
by AlphaLess
Sat Jun 16, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4829

Re: Flaw in Logic? CD ladder instead of bond funds

Many banks are and have been so flush with demand deposits (those paying nothing or very little, like checking accounts) that they haven't needed to pay anything for money markets or even CDs This! Golden. So there is so much money on the sidelines, it is hard to imagine. BofA Chase Citi WellsFargo...
by AlphaLess
Sat Jun 16, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 17441

Re: Life in retirement - what did you do today?

Best thing - if I may recommend - is to move to a place with a high walk score. That typically means a large city. And that's exactly what I did today. In the morning I had an Improv class near DuPont Circle and then walked back to Arlington. It was a bit warm. If I were more disciplined, I would h...
by AlphaLess
Sat Jun 16, 2018 3:44 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 17441

Re: Life in retirement - what did you do today?

Best thing - if I may recommend - is to move to a place with a high walk score. That typically means a large city. And that's exactly what I did today. In the morning I had an Improv class near DuPont Circle and then walked back to Arlington. It was a bit warm. If I were more disciplined, I would h...
by AlphaLess
Sat Jun 16, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 17441

Re: Life in retirement - what did you do today?

Not to paint a non rosy picture but it's not always rainbows and flowers. My mother is 85 and she is in pretty decent health for her age. She worked until she was in her 70's (selling real estate) and this allowed her to constantly be busy and talking to other people. She now lives in an apartment ...
by AlphaLess
Sat Jun 16, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5301

Re: A vehicle that "sits up" but can afford CRV

She should look at the Hyundai, Kia, Ford, and GM products in the same class, and consider buying one of those gently used (at least 2 years old to get the best deals). Those brands depreciate faster than Hondas, Toyotas, and Subarus (and even Nissans and Mazdas), so are a better deal used than new...
by AlphaLess
Sat Jun 16, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Long time retirees: how much do you really need?
Replies: 12
Views: 3447

Re: Long time retirees: how much do you really need?

I've been retired for about 4 years and I get these questions all the time. First of all I tell everybody, "There is never enough money or the right time". IMHO, just track expenses last two years before retirement, it gives you a rough idea. We have no debt and keep a good cash flow. It's actually...
by AlphaLess
Sat Jun 16, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed
Replies: 27
Views: 2560

Re: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed

Why 1 year? Because it's long and prevents you from reacting to short term performance of your funds, asset classes falling in and out of favor, or some flashy idea you just read about. For example, reits may be down recently, leading you to reevaluate holding them in the first place. So you may be...
by AlphaLess
Sat Jun 16, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Anyone with a paid off house drop homeowners insurance
Replies: 79
Views: 5931

Re: Anyone with a paid off house drop homeowners insurance

Every year I have the same dilemma. My home insurance is due for renewal next month. And I just hate writing a check for $700 a year for a house appraised at approx. $240,000 when I could self insure if the whole thing burned down. And I basically I don't trust insurance companies, they are out to ...
by AlphaLess
Sat Jun 16, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 51901

Re: How much money do you want to retire?

Thank you for the comment. However, I do believe that the point I was making would not be affected by the type of simulation. If you are shooting for 99% chance of success over 45 years, with $5MM in assets, then in the top 10,20% of the time you are shooting to have hundreds of millions in assets....
by AlphaLess
Wed Jun 13, 2018 11:25 pm
Forum: Personal Consumer Issues
Topic: Anyone with a paid off house drop homeowners insurance
Replies: 79
Views: 5931

Re: Anyone with a paid off house drop homeowners insurance

Every year I have the same dilemma. My home insurance is due for renewal next month. And I just hate writing a check for $700 a year for a house appraised at approx. $240,000 when I could self insure if the whole thing burned down. And I basically I don't trust insurance companies, they are out to ...
by AlphaLess
Wed Jun 13, 2018 10:21 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 16698

Re: Should I take possession of a certified mail?

Thank you for all the great responses. Yet to pick up the letter. Will do that in the next couple of days when I get some time to visit the post office. Will report back. Thank you. Yeti. The NEXT COUPLE OF DAYS??? :shock: We're hanging by our knuckles waiting to hear what's in the certified letter...
by AlphaLess
Wed Jun 13, 2018 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Role of Annuity For Savers Who have 20+ years until Retirement
Replies: 32
Views: 2372

Re: Role of Annuity For Savers Who have 20+ years until Retirement

Recently, an insurance agent recommended me Athene Ascent 10 Bonus 2.0 Fixed Indexed Annuity with option 1 (https://d2zhgehghqju...63f1bcca7e8.pdf ). His selling points are 1) the average return for stock market is going to be lower (~5%) than the last 9 bull market years with high volatility 2)bon...
by AlphaLess
Sun Jun 10, 2018 9:44 pm
Forum: Investing - Theory, News & General
Topic: Indexing will fail investors in next decade
Replies: 57
Views: 9072

Re: Indexing will fail investors in next decade

First time I've ever seen somebody recommend investing in water. Not sure how I would do that. Do I need my own water tower or can I pay a reservoir to store some for me. Who knows; it's not like that stuff just falls from the sky for free. Taking investors for my new crypto currency based on water...