Search found 27 matches

by Sola Scriptura
Wed Aug 19, 2020 12:37 pm
Forum: Investing - Theory, News & General
Topic: The 0.5% Rule (SWR) [Safe Withdrawal Rate]
Replies: 419
Views: 23434

Re: The 0.5% Rule (SWR)

Oh no! not financial samurai again. He is an unemployed dude touting bad advice to hordes of unemployed to make money from Google Ads. His blogs are perfectly content free. I'm amazed we even have a thread on him. We're bogleheads not National Review. The dude works harder than a lot of employed fo...
by Sola Scriptura
Thu Jul 16, 2020 8:03 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau will be my next Bogleheads podcast guest
Replies: 42
Views: 3879

Re: Dr. Wade Pfau will be my next Bogleheads podcast guest

What is the best way to determine if annuitization of any percentage of a portfolio is the optimal solution for a retiree? Is there a net worth level at which annuitization would no longer be optimal?
by Sola Scriptura
Sat Jul 11, 2020 2:53 pm
Forum: Investing - Theory, News & General
Topic: "That is already priced into the Market" ?
Replies: 12
Views: 1163

Re: "That is already priced into the Market" ?

The key factor to remember here is that all publicly available information is already priced into the market, or will be as soon as it is released. Inside information isn't already priced into the market, which is exactly why insider trading is illegal: A select few have a trading advantage with any...
by Sola Scriptura
Sat Jul 04, 2020 10:59 am
Forum: Personal Investments
Topic: Approximating VTSAX with Available Funds in my 403(b)
Replies: 13
Views: 783

Re: Approximating VTSAX with Available Funds in my 403(b)

You missed nothing. Is there no S&P 500 index fund offered? There is, but it is a screened fund, as the 403(b) plan is administrated by a faith-based company. The Fidelity funds are the only non-screened funds available, and not coincidentally, also the only index funds available outside the screen...
by Sola Scriptura
Thu Jul 02, 2020 10:44 pm
Forum: Personal Investments
Topic: Approximating VTSAX with Available Funds in my 403(b)
Replies: 13
Views: 783

Re: Approximating VTSAX with Available Funds in my 403(b)

Here are the two comparisons of the allocations that I'm seeing via Morningstar's portfolio x-ray. Based on the replies above, what am I missing about the allocations that is supposedly so far off? VTSAX: https://i.postimg.cc/nzdKCtw4/Screen-Shot-2020-07-02-at-10-38-17-PM.png My allocation of the th...
by Sola Scriptura
Thu Jul 02, 2020 3:41 pm
Forum: Personal Investments
Topic: Approximating VTSAX with Available Funds in my 403(b)
Replies: 13
Views: 783

Re: Approximating VTSAX with Available Funds in my 403(b)

David Jay wrote: Thu Jul 02, 2020 3:21 pm You may want to name those funds, instead of just ticker symbols. I do not know any Fidelity tickers except FZROX (in my HSA)
Thanks. I've edited my post in response.
by Sola Scriptura
Thu Jul 02, 2020 2:05 pm
Forum: Personal Investments
Topic: Approximating VTSAX with Available Funds in my 403(b)
Replies: 13
Views: 783

Approximating VTSAX with Available Funds in my 403(b)

I would like to approximate VTSAX with the available index funds in my 403(b) account. The funds are the following: Fidelity® Large Cap Growth Index Fund - FSPGX Fidelity® Large Cap Value Index Fund - FLCOX Fidelity® Small Cap Index Fund - FSSNX Using Morningstar's portfolio x-ray tool, I came up wi...
by Sola Scriptura
Tue Mar 31, 2020 10:12 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6361
Views: 586974

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

I'm doing it in taxable. Pull up my extensive posts on taxes. I've ran extensive simulations with every tax lot method a good broker lets you pick. Lump sum you're looking at 1.2% - 1.5% annual tax drag from quarterly re-balancing of the equity each year. So $100k in your portfolio that's $1,200 - ...
by Sola Scriptura
Tue Dec 31, 2019 9:24 pm
Forum: Personal Investments
Topic: Closed to new investors
Replies: 8
Views: 1709

Re: Closed to new investors

Speaking of the three Vanguard funds that are closed to new investors (PRIMECAP, PRIMECAP Core, and Capital Opportunity), does anyone know how to find the fund closure history for each one of these funds? Is there a location that shows the dates they closed and reopened (if applicable)?
by Sola Scriptura
Sat Nov 09, 2019 6:18 pm
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 192
Views: 16548

Re: Spend It All vs. Leave $$ for the Kids

I can understand making careful specifications for what you leave your children as heirs through detailed estate planning--dependent upon their level of need, demonstrated responsibility, work ethic, healthy lifestyle, etc.--but with that said: Attempting to spend every dime you have before death, l...
by Sola Scriptura
Sat Aug 10, 2019 9:08 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 431411

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

So in following the discussion over the course of so many pages (and not to derail the thread from its current focus on critiques and HEDGEFUNDIE's coming revision), is the consensus that replicating the strategy in a taxable account so that tax drag is reduced and one avoids unwieldy amounts at qua...
by Sola Scriptura
Wed Jul 10, 2019 10:55 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 431411

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

I may have lost it at some point in the thread, and I tried searching in the thread to find it, but came up short: Was there ever data presented that clearly detailed the differences in return, whether "negligible" or "significant," between monthly/quarterly/annually rebalancing of HEDGEFUNDIE's ori...
by Sola Scriptura
Fri Apr 12, 2019 12:58 pm
Forum: Investing - Theory, News & General
Topic: 2019 BOGLEHEADS CONFERENCE REGISTRATION IS CLOSED. WAIT LIST IS AVAILABLE.
Replies: 121
Views: 30359

Re: 2019 BOGLEHEADS CONFERENCE REGISTRATION IS OPEN ANNOUNCEMENT

I would like to be placed on the waiting list, please. I was out of town on a business trip yesterday, and was unable to be on the forum, so regrettably, I missed the announcement. EDIT (4/22/19): My friend will be unable to attend with me, so please amend my waiting list slot to 1 person. Thank you.
by Sola Scriptura
Thu Feb 21, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 431411

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

"It works until it doesn't." Or it proves anything goes up or down at the same time on any given day. Correlations over the long term is what matters for the long term investor. Unless one is a day trader why does anyone care? I am pretty sure every person who is on board with trying this is in it ...
by Sola Scriptura
Sat Feb 16, 2019 12:46 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 431411

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

I'm saying it's easy to just say "Oh, it's play money" right now. If it grows quite large, and you just let it ride, there WILL be some anxiety for most people (maybe not you, Mr. Cool as Cucumbers) :) People anchor. If you have $600,000 in normal accounts, and your $10k play bet grows to $400,000,...
by Sola Scriptura
Fri Feb 15, 2019 5:45 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 431411

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

I do agree with another poster above and mentioned it in one of the first posts on this thread the biggest risk is still the fund closing. There is a risk in EVERY aspect of investing outside of typical boglehead investing so one just has to accept or reject this idea based on that risk. Have to di...
by Sola Scriptura
Sun Feb 10, 2019 5:36 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 431411

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

Instead of posting pictures some more, let me just tell you what my data set says about rebalancing. Again CAUTION! 40/60 3X Initial bal:$10k 1950-2018 Final Balance CAGR Stdev Best Year Worst Year Max. Drawdown Sharpe Sortino US Mkt Correlation No rebalancing: $123,159,666 14.86% 36.19% 124.87% -6...
by Sola Scriptura
Thu Feb 07, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 431411

Re: HEDGEFUNDIE's excellent adventure [3x leveraged ETF strategy]

HEDGEFUNDIE, What I still don't understand, given your data and given everything that's been said, is that if this strategy is only 15% of your total portfolio, how do you not already have enough downside protection built in, thus enabling you to go 100% UPRO regardless of the potential for a 95% d...
by Sola Scriptura
Thu Feb 07, 2019 10:03 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 431411

Re: HEDGEFUNDIE's excellent adventure [3x leveraged ETF strategy]

HEDGEFUNDIE, What I still don't understand, given your data and given everything that's been said, is that if this strategy is only 15% of your total portfolio, how do you not already have enough downside protection built in, thus enabling you to go 100% UPRO regardless of the potential for a 95% dr...
by Sola Scriptura
Wed Jan 16, 2019 1:02 pm
Forum: Investing - Theory, News & General
Topic: "College Endowments Badly Trail The Market"
Replies: 29
Views: 3605

Re: "College Endowments Badly Trail The Market"

Going through the paper, I was looking for the exact percentage of endowments that underperformed the benchmarks by any percentage, but did not find that calculation. Did I miss it? In other words, something like: "X% of the 28,696 endowments studied underperformed a 60-40 combination of the equity ...
by Sola Scriptura
Fri Oct 05, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: 2018 Bogleheads Conference Notes
Replies: 36
Views: 6337

Re: 2018 Bogleheads Conference Notes

HueyLD wrote: Fri Oct 05, 2018 11:13 am Yes. See this one from 2017 reunion. https://vimeo.com/channels/bogleheads/244487159
Excellent! Thank you! Looking forward to watching the 2018 keynote!
by Sola Scriptura
Fri Oct 05, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: 2018 Bogleheads Conference Notes
Replies: 36
Views: 6337

Re: 2018 Bogleheads Conference Notes

Are Mr. Bogle's deliveries of his presentations at the annual conference ever recorded?
by Sola Scriptura
Fri May 25, 2018 7:45 pm
Forum: Personal Investments
Topic: Help with Investing Trust Assets for My Children
Replies: 3
Views: 786

Re: Help with Investing Trust Assets for My Children

It's not just investing you're in charge of. As trustee, you're also responsible for filing annual 1041 tax returns for the three trusts. If you want to accumulate investment earnings inside the trusts, you need to be aware that trust tax brackets are highly compressed compared to individual tax br...
by Sola Scriptura
Fri May 25, 2018 10:49 am
Forum: Personal Investments
Topic: Help with Investing Trust Assets for My Children
Replies: 3
Views: 786

Help with Investing Trust Assets for My Children

I have three children, [ages removed]. My grandmother recently set up a trust for each child to, in her words, "provide each with funds to assist with the purchase of their first home." Each child's college education is already covered by my grandmother via 529s. My grandmother has made me the trust...
by Sola Scriptura
Wed Mar 21, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 295
Views: 42838

Re: Do you have an umbrella policy?

For those of you who stated you carry $5M policies, do you mean $5M per occurrence or $5M aggregate?
by Sola Scriptura
Tue Feb 13, 2018 10:12 pm
Forum: Personal Investments
Topic: Help Choosing Bond Fund for 403(b)
Replies: 2
Views: 345

Re: Help Choosing Bond Fund for 403(b)

Guidestone Medium-Duration Bond would be the closest one to total bond market. Beside the options you mentioned, there is also the possibility of IBonds to hold bond investments. Thanks for the response. I suspected that it would probably be the medium-term fund. I hadn't considered an annual $1000...
by Sola Scriptura
Tue Feb 13, 2018 5:35 pm
Forum: Personal Investments
Topic: Help Choosing Bond Fund for 403(b)
Replies: 2
Views: 345

Help Choosing Bond Fund for 403(b)

Hello, everyone. I'm new to the board and have a specific question related to choosing a bond fund for my 403(b): Currently, given my AA (80/20) and the total amount I have invested across my portfolio, I need all of my tax-advantaged accounts to hold 100% bonds: my Roth IRA, my wife's spousal Roth ...