Search found 4767 matches

by HEDGEFUNDIE
Sun May 31, 2020 1:07 am
Forum: Investing - Theory, News & General
Topic: Single Favorite Mutual Fund
Replies: 92
Views: 8409

Re: Single Favorite Mutual Fund

cos wrote:
Sun May 31, 2020 1:00 am
HEDGEFUNDIE wrote:
Sat May 30, 2020 11:54 am
PSLDX will make me rich.

It's 50% of my AA.
What about PSLDX makes you prefer it over the Adventure in this case?
The Adventure is not a part of my AA.

For my regular portfolio I use less leverage.
by HEDGEFUNDIE
Sat May 30, 2020 11:56 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1141

Re: An NTSX alternative in taxable?

Ok it’s decided. I’ll go 60/40 SCHG/EDV with 1.35x leverage.
by HEDGEFUNDIE
Sat May 30, 2020 11:34 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1141

Re: An NTSX alternative in taxable?

I can't wrap my head around borrowing to buy bonds. Your expected return should be about the same as 80/20. If the point of overweighting bonds is to reduce risk, does the use of leverage accomplish that? Even if margin interest gets you a tax deduction, the extra bond income is taxed at your margi...
by HEDGEFUNDIE
Sat May 30, 2020 9:50 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1141

Re: An NTSX alternative in taxable?

Growth is 97% correlated to TSM, with half the tax cost. https://www.portfoliovisualizer.com/asset-correlations?s=y&symbols=VIGRX+VTSMX&timePeriod=1&tradingDays=120&months=36 Honestly I’m not sure why it’s not the standard recommendation for taxable. It's a bit hard to summarize in a post but I'd r...
by HEDGEFUNDIE
Sat May 30, 2020 9:42 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1141

Re: An NTSX alternative in taxable?

I can't wrap my head around borrowing to buy bonds. Your expected return should be about the same as 80/20. If the point of overweighting bonds is to reduce risk, does the use of leverage accomplish that? Even if margin interest gets you a tax deduction, the extra bond income is taxed at your margi...
by HEDGEFUNDIE
Sat May 30, 2020 9:26 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1141

Re: An NTSX alternative in taxable?

To be clear, I picked VUG not for any desire to tilt to growth but purely for its lower yield. If there was a total market fund paying 1% SEC yield I’d be happy to use it over VUG. Got it. Well, I just did a bit of back-of-napkin math and if you used a world-market-cap portfolio instead at 20% qual...
by HEDGEFUNDIE
Sat May 30, 2020 8:56 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1141

Re: An NTSX alternative in taxable?

IMRTguy wrote:
Sat May 30, 2020 8:53 pm
Just curious how are you at the 50% bracket for qualified dividends? Even the highest bracket is 20% plus applicable state taxes
You are right. I’m at 33% for dividends not 50%
by HEDGEFUNDIE
Sat May 30, 2020 8:54 pm
Forum: Personal Consumer Issues
Topic: How to get back fees paid to telemedicine provider?
Replies: 30
Views: 1812

Re: How to get back fees paid to telemedicine provider?

Unbelievable. He is only a physician, not a pharmacist. He has no way (and no reason) to know if generics are available. When you board an airline flight, do you ask your pilot what brand of peanuts they are serving in the back? Of course not. The better analogy is should the pilot know which compa...
by HEDGEFUNDIE
Sat May 30, 2020 8:50 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1141

Re: An NTSX alternative in taxable?

I guess it seems like to me like too small a tweak to be worth the extra complexity. You get some hypothetical extra negative-correlation, a bit less and more expensive leverage, a bit less ER and a bit more yield. Personally the idea would appeal to me more if one took the opportunity of the manua...
by HEDGEFUNDIE
Sat May 30, 2020 8:48 pm
Forum: Personal Consumer Issues
Topic: How to get back fees paid to telemedicine provider?
Replies: 30
Views: 1812

Re: How to get back fees paid to telemedicine provider?

Unbelievable. He is only a physician, not a pharmacist. He has no way (and no reason) to know if generics are available. When you board an airline flight, do you ask your pilot what brand of peanuts they are serving in the back? Of course not. The better analogy is should the pilot know which compa...
by HEDGEFUNDIE
Sat May 30, 2020 8:16 pm
Forum: Personal Consumer Issues
Topic: How to get back fees paid to telemedicine provider?
Replies: 30
Views: 1812

Re: How to get back fees paid to telemedicine provider?

Unbelievable. He is only a physician, not a pharmacist. He has no way (and no reason) to know if generics are available. When you board an airline flight, do you ask your pilot what brand of peanuts they are serving in the back? Of course not. The better analogy is should the pilot know which compa...
by HEDGEFUNDIE
Sat May 30, 2020 8:08 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 1141

An NTSX alternative in taxable?

I’m looking for a taxable investment strategy with the following characteristics: 1. Low tax cost (I’m at 33% tax bracket for investment distributions and 50% for regular income) 2. Moderate leverage (per my age and lifecycle investing principles) 3. Moderate drawdown risk (I may want to liquidate a...
by HEDGEFUNDIE
Sat May 30, 2020 8:02 pm
Forum: Investing - Theory, News & General
Topic: Single Favorite Mutual Fund
Replies: 92
Views: 8409

Re: Single Favorite Mutual Fund

catdoctor wrote:
Sat May 30, 2020 7:55 pm
POAGX
I respect your ability to stay-the-course
by HEDGEFUNDIE
Sat May 30, 2020 6:14 pm
Forum: Investing - Theory, News & General
Topic: Single Favorite Mutual Fund
Replies: 92
Views: 8409

Re: Single Favorite Mutual Fund

PSLDX will make me rich. It's 50% of my AA. 1.11% ER :shock: Technically only 0.59% ER, the rest of it is cost of leverage that comes with the strategy. In any case, since inception in 2007 the fund has returned 15% CAGR after expenses compared to 8% for the S&P over the same period, with similar d...
by HEDGEFUNDIE
Sat May 30, 2020 12:21 pm
Forum: Investing - Theory, News & General
Topic: What Is the Stock Market Even for Anymore?
Replies: 25
Views: 3618

Re: What Is the Stock Market Even for Anymore?

JPH wrote:
Sat May 30, 2020 12:05 pm
The stock market is not the economy.
Actually it is. It's just that many Americans don't meaningfully contribute to the measured economy.
by HEDGEFUNDIE
Sat May 30, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: Single Favorite Mutual Fund
Replies: 92
Views: 8409

Re: Single Favorite Mutual Fund

PSLDX will make me rich. It's 50% of my AA. 1.11% ER :shock: Technically only 0.59% ER, the rest of it is cost of leverage that comes with the strategy. In any case, since inception in 2007 the fund has returned 15% CAGR after expenses compared to 8% for the S&P over the same period, with similar d...
by HEDGEFUNDIE
Sat May 30, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 10299

Re: Are your personal expenses down during stay home and shelter?

Anyone else not renewing their car registration for the upcoming year? Just saved myself $300 by filling for "planned non-operation" with the DMV. Will call the insurance company next. $300? Is California car registration that expensive or are you saving in insurance premiums? Yes CA registration i...
by HEDGEFUNDIE
Sat May 30, 2020 11:54 am
Forum: Investing - Theory, News & General
Topic: Single Favorite Mutual Fund
Replies: 92
Views: 8409

Re: Single Favorite Mutual Fund

PSLDX will make me rich.

It's 50% of my AA.
by HEDGEFUNDIE
Sat May 30, 2020 11:51 am
Forum: Personal Consumer Issues
Topic: How to get back fees paid to telemedicine provider?
Replies: 30
Views: 1812

Re: How to get back fees paid to telemedicine provider?

Check GoodRx for a coupon for the brand name medication
by HEDGEFUNDIE
Sat May 30, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 10299

Re: Are your personal expenses down during stay home and shelter?

Anyone else not renewing their car registration for the upcoming year?

Just saved myself $300 by filling for "planned non-operation" with the DMV. Will call the insurance company next.
by HEDGEFUNDIE
Fri May 29, 2020 4:31 pm
Forum: Personal Consumer Issues
Topic: New iPhone SE?? has anyone bought and used one?
Replies: 28
Views: 1935

Re: New iPhone SE?? has anyone bought and used one?

Beach wrote:
Fri May 29, 2020 4:29 pm
Upgraded from SE to SE.
New one is bigger, not liking the size but no choice.
The new 12 will be smaller than the new SE with a larger edge-to-edge screen
by HEDGEFUNDIE
Fri May 29, 2020 4:26 pm
Forum: Personal Consumer Issues
Topic: New iPhone SE?? has anyone bought and used one?
Replies: 28
Views: 1935

Re: New iPhone SE?? has anyone bought and used one?

Button also does not click as well as I remembered. Apple replaced the physical button with a simulacrum--a haptic feedback nonmoving circle--with iPhone 7, so you might be remembering the older ones that actually had a button that moved and clicked. Thanks. I’m sure they had a good reason but I ha...
by HEDGEFUNDIE
Fri May 29, 2020 10:58 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4970
Views: 431451

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

How would the strategy become adversely affected if more people were using it? When you gamble, if more people bet a certain way, the more the odds have to shift against those people. If you buy a call, somebody has to sell it. Options and futures contracts have fixed odds settlement conditions, bu...
by HEDGEFUNDIE
Fri May 29, 2020 10:50 am
Forum: Personal Consumer Issues
Topic: New iPhone SE?? has anyone bought and used one?
Replies: 28
Views: 1935

Re: New iPhone SE?? has anyone bought and used one?

Went from an X to the new SE.

Noticeably faster. Downgrade in screen takes some getting used to. Button also does not click as well as I remembered.

Overall it’s a great value and tides me over until the 12.
by HEDGEFUNDIE
Fri May 29, 2020 9:58 am
Forum: Personal Investments
Topic: Overpay for the home we love?
Replies: 62
Views: 4650

Re: Overpay for the home we love?

When I bought my house two years ago I was certain I overpaid by $100-200k.

I just got it appraised for a refi; it came in 2% higher than my purchase price. 🤷🏻‍♂️
by HEDGEFUNDIE
Fri May 29, 2020 9:44 am
Forum: Personal Investments
Topic: Recommend a China-focused, risk-seeking fund
Replies: 31
Views: 1808

Re: Recommend a China-focused, risk-seeking fund

HomerJ wrote:
Fri May 29, 2020 9:42 am
jajlrajrf wrote:
Thu May 28, 2020 12:44 pm
I've taken a small position in CHIQ based on the suggestions in this thread. Thanks, everyone!
The only person who mentioned or suggested CHIQ in this thread was you.
Lol. I guess the thread title was intended to be a statement not a question 😂
by HEDGEFUNDIE
Fri May 29, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: SWAN ETF - 10% Leaps / 90% Treasuries
Replies: 167
Views: 15864

Re: SWAN ETF - 10% Leaps / 90% Treasuries

So let’s review our options here:

PSLDX is 100/100
NTSX is 90/60
SWAN is 70/90
Excellent Adventure is 165/135 :twisted:

Choose your own adventure
by HEDGEFUNDIE
Fri May 29, 2020 8:50 am
Forum: Personal Finance (Not Investing)
Topic: mortgage rates
Replies: 27
Views: 2581

Re: mortgage rates

I haven't looked too deeply into this since i will be buying a home about 2 years from now. But one of the things I've thought about has been using one of my personal broker accounts at m1 finance to borrow against. This will be 0 fee and at 2 percent interest if i pay the 99/year cost of m1 plus. ...
by HEDGEFUNDIE
Fri May 29, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: This article is scaring me. [Roubini predicting depression]
Replies: 107
Views: 11154

Re: This article is scaring me. [Roubini predicting depression]

The doom-and-gloomers in this thread and all over Bogleheads these days are falling into a common fallacy, one I don't see called out very often. I'm going to call it the all-things-being-equal fallacy, or the if-nothing-else-happened fallacy. Yes, if an overleveraged housing market is securitized ...
by HEDGEFUNDIE
Thu May 28, 2020 10:41 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 534
Views: 55515

Re: I don't understand the case for EE bonds

I've seen posts on this thread basically stating that if you don't expect to live for the 20 years to get the doubling, the EE Bonds are really not worth owning. It's really the life expectancy (and reality) of both you AND your co-owner that matter. This is an important point. I have not made the ...
by HEDGEFUNDIE
Thu May 28, 2020 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 80
Views: 5158

Re: 1:1 salary and stock jobs?

I think the next question I have is: coming from a background in healthcare product development, how do I position myself to get one of these jobs at a tech company? First question is which companies should you put on your short list. Id recommend any that are on this list: https://www.bvp.com/bvp-...
by HEDGEFUNDIE
Thu May 28, 2020 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 404
Views: 33336

Re: JPM Chase Reserve Card gets more expensive

Good point about Whole Foods offering Amazon gift cards, and, presumably, with no fees. I have been *staying home* given the pandemic. though; I wonder if my local Whole Foods will sell me Amazon gift cards over the phone. Ah, I guess they are not equipped to send them out electronically. Aarrgh, n...
by HEDGEFUNDIE
Thu May 28, 2020 8:39 pm
Forum: Investing - Theory, News & General
Topic: SWAN ETF - 10% Leaps / 90% Treasuries
Replies: 167
Views: 15864

Re: SWAN ETF - 10% Leaps / 90% Treasuries

prioritarian wrote:
Thu May 28, 2020 4:59 pm
The apparently greater downside protection versus NTSX is something that really interests me. I opened a test position with my dry powder/emergency fund.
Yeah this would be great second-wave protection
by HEDGEFUNDIE
Thu May 28, 2020 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 80
Views: 5158

Re: 1:1 salary and stock jobs?

Is 350k out of the realm for finance/investment banking jobs? I know some people who started working for big name NYC firms right out of college without an extra degree but perhaps they’re the exception. Let me qualify my post: in terms of corporate jobs, other than tech, $350k is out of the realm ...
by HEDGEFUNDIE
Thu May 28, 2020 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 80
Views: 5158

Re: 1:1 salary and stock jobs?

Just interviewed somebody today with 8 years of experience since college, currently manages a small team of data analysts. No MBA or masters of any kind. She’s making $200k base + $150k RSUs per year. You just don’t see these kind of numbers for comparable roles in any other industry... Kind of non...
by HEDGEFUNDIE
Thu May 28, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 80
Views: 5158

Re: 1:1 salary and stock jobs?

Is 350k out of the realm for finance/investment banking jobs? I know some people who started working for big name NYC firms right out of college without an extra degree but perhaps they’re the exception. Let me qualify my post: in terms of corporate jobs, other than tech, $350k is out of the realm ...
by HEDGEFUNDIE
Thu May 28, 2020 2:20 pm
Forum: Investing - Theory, News & General
Topic: Why are 10-20 year treasuries a poor investment now?
Replies: 26
Views: 1630

Re: Why are 10-20 year treasuries a poor investment now?

My wife and I did quite poorly when we bought five-year bank CDs when inflation was rising. We also made out like bandits when we bought some at peak inflation, carrying interest rates of 13%, and inflation fell. It has made me leery of locking up money into a fixed-number-of-dollar investment for ...
by HEDGEFUNDIE
Thu May 28, 2020 2:13 pm
Forum: Investing - Theory, News & General
Topic: SWAN ETF - 10% Leaps / 90% Treasuries
Replies: 167
Views: 15864

Re: SWAN ETF - 10% Leaps / 90% Treasuri

I am strongly considering adding this to my taxable portfolio. Anyone know what the tax efficiency on this is? Specifically how are LEAPs taxed? From the PDF that marshall posted above: Rebalancing of options: • Every6months,eithertheJuneoptionortheDecemberoptionwillbe rolled to the following year....
by HEDGEFUNDIE
Thu May 28, 2020 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 80
Views: 5158

Re: 1:1 salary and stock jobs?

Just interviewed somebody today with 8 years of experience since college, currently manages a small team of data analysts. No MBA or masters of any kind.

She’s making $200k base + $150k RSUs per year.

You just don’t see these kind of numbers for comparable roles in any other industry...
by HEDGEFUNDIE
Thu May 28, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 241
Views: 12172

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

If I had more time on my hands I would post a chart of median home value (from Zillow) vs. GreatSchools score for various metro areas in the US. Maybe someone can beat me to it? See the above NYTimes link which charts elementary school performance with average income levels. Those are good proxies ...
by HEDGEFUNDIE
Thu May 28, 2020 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 241
Views: 12172

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

Can those who are actually familiar with the Bay Area suggest where the OP should move to to get access to the "good" public schools? And how much it would cost to buy into those areas? I live in San Mateo, my house is $1.9M and my public high school is nowhere close to a "good" school. Elementary ...
by HEDGEFUNDIE
Thu May 28, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Utilities - worth another look?
Replies: 191
Views: 19341

Re: Utilities - worth another look?

20 years is a terribly short period of time to reach any conclusion... Notably with sectors (which tend to come and go, not year over year, but decade over decade) and with a moody metric like correlation. OP, did you take a good look at Fidelity Select Utilities (FSUTX)? This would add 10 more yea...
by HEDGEFUNDIE
Thu May 28, 2020 11:01 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 404
Views: 33336

Re: JPM Chase Reserve Card gets more expensive

Big news - through Sep 30 you can redeem Ultimate Rewards points at the travel portal rates (1.5 cent/point for Reserve, 1.25 cent/point for Preferred) for statement credits of purchases at grocery stores, dining (incl. delivery/takeout), and home improvement. From June 1 until the end of the year,...
by HEDGEFUNDIE
Thu May 28, 2020 10:09 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 404
Views: 33336

Re: JPM Chase Reserve Card gets more expensive

Big news - through Sep 30 you can redeem Ultimate Rewards points at the travel portal rates (1.5 cent/point for Reserve, 1.25 cent/point for Preferred) for statement credits of purchases at grocery stores, dining (incl. delivery/takeout), and home improvement. From June 1 until the end of the year,...
by HEDGEFUNDIE
Thu May 28, 2020 10:05 am
Forum: Personal Investments
Topic: Small Cap Blend vs Small Cap Value
Replies: 37
Views: 6375

Re: Small Cap Blend vs Small Cap Value

As JoMoney notes, the reason why the perception VBR is a small cap value fund is because it’s called “Small Cap Value Index Fund”. Has Vanguard given an updated reason why they continue to push VBR over VIOV for investors seeking small cap value? Surely it’s cheaper for them to manage their own fun...
by HEDGEFUNDIE
Thu May 28, 2020 9:41 am
Forum: Personal Investments
Topic: Small Cap Blend vs Small Cap Value
Replies: 37
Views: 6375

Re: Small Cap Blend vs Small Cap Value

As JoMoney notes, the reason why the perception VBR is a small cap value fund is because it’s called “Small Cap Value Index Fund”. Has Vanguard given an updated reason why they continue to push VBR over VIOV for investors seeking small cap value? Surely it’s cheaper for them to manage their own fun...
by HEDGEFUNDIE
Thu May 28, 2020 9:36 am
Forum: Personal Investments
Topic: Small Cap Blend vs Small Cap Value
Replies: 37
Views: 6375

Re: Small Cap Blend vs Small Cap Value

nisiprius wrote:
Thu May 28, 2020 8:03 am

Image
Would recommend you post telltale charts for comparisons like this. Shows the comparative trend much clearer.

https://www.portfoliovisualizer.com/fun ... mark=VFINX

(Under “Cumulative Active Return”)
by HEDGEFUNDIE
Thu May 28, 2020 1:03 am
Forum: Personal Finance (Not Investing)
Topic: How to value "lower than market rate" property tax of your house?
Replies: 11
Views: 599

Re: How to value "lower than market rate" property tax of your house?

unclescrooge wrote:
Thu May 28, 2020 1:02 am
HEDGEFUNDIE wrote:
Thu May 28, 2020 1:00 am
I’m assuming this is CA. Can’t you bring your old assessment with you to the new house?
I think that's only available to those who are 55 and older.
Oh really? Guess I’m stuck here for the next 20 years then :oops:
by HEDGEFUNDIE
Thu May 28, 2020 1:00 am
Forum: Personal Finance (Not Investing)
Topic: How to value "lower than market rate" property tax of your house?
Replies: 11
Views: 599

Re: How to value "lower than market rate" property tax of your house?

I’m assuming this is CA. Can’t you bring your old assessment with you to the new house?