Search found 55 matches

by MinhN
Wed Mar 18, 2020 9:48 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Still Serve a Purpose in Long Term Portfolios?
Replies: 63
Views: 3722

Re: Bonds - Still Serve a Purpose in Long Term Portfolios?

Bonds don't seem much better than cash anymore with interest rates being nearly zero. In fact holding bonds now would be a bad idea if interest rates were ever to rise again.
by MinhN
Fri Mar 13, 2020 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1675
Views: 241975

Re: Fidelity as a one stop shop

Is it me or is EFT so slow for Fidelity? I initiated a transfer on Tuesday and my money has been showing up as uncollected deposits up to date. I'm so spoiled by Vanguard crediting me money instantly. I can't do any trades right now with this uncollected deposit.
by MinhN
Tue Nov 05, 2019 12:35 am
Forum: Personal Investments
Topic: (Vanguard) How to move contributions for the year from Roth IRA to IRA?
Replies: 3
Views: 433

(Vanguard) How to move contributions for the year from Roth IRA to IRA?

I've decided to start taking advantage of tax deductions and want to move my contributions this year to my IRA account. Is it possible? I have both retirement accounts with Vanguard.
by MinhN
Wed Oct 16, 2019 10:39 am
Forum: Personal Consumer Issues
Topic: What workout equipment to get?
Replies: 63
Views: 5634

Re: What workout equipment to get?

I highly recommend resistance bands for working out if you're looking for an affordable piece of equipment for strength training.
by MinhN
Sun Oct 13, 2019 1:32 am
Forum: Investing - Theory, News & General
Topic: vanguard stock trade fee
Replies: 7
Views: 1105

Re: vanguard stock trade fee

Seeing how index investing continued to grow YoY, I doubt Vanguard has anything to worry about.
by MinhN
Thu Oct 10, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: Fidelity to $0 Commissions
Replies: 87
Views: 10997

Re: Fidelity to $0 Commissions

This is awesome. I couldn't decide between Schwab or Fidelity but this seals the deal. Fidelity has free ACAT and cheaper options fees.
by MinhN
Wed Oct 02, 2019 2:03 pm
Forum: Personal Investments
Topic: Tax loss harvesting
Replies: 12
Views: 874

Re: Tax loss harvesting

You add the loss from your first sale to your second purchase to establish a new cost basis because of the wash sale. You can sell the ETF a second time at anytime to harvest new losses with respect to your new cost basis, but only if you dont buy it a third time within 30 days. I think that's how i...
by MinhN
Tue Oct 01, 2019 1:47 pm
Forum: Personal Investments
Topic: UPRO s and p 3x leverage or NTSX 1.5 leverage w bonds in a brokerage account...
Replies: 14
Views: 2076

Re: UPRO s and p 3x leverage or NTSX 1.5 leverage w bonds in a brokerage account...

I wouldn't leverage US equities because we're entering uncharted economic territory. Returns could be tepid for God knows what.
by MinhN
Sat Sep 28, 2019 2:25 pm
Forum: Investing - Theory, News & General
Topic: Interactive Brokers (Best Kept Secret)
Replies: 301
Views: 73984

Re: Interactive Brokers (Best Kept Secret)

IBKR Lite's announcement is huge news. I will move my funds from Fidelity now. Having the ability to trade equities for free and options and futures cheaply is unprecedented. This news is really going to hurt other brokerages now.
by MinhN
Sun Sep 15, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: VG "You've successfully logged off"
Replies: 18
Views: 1927

Re: VG "You've successfully logged off"

The answer would probably depend on which browser and how they handle memory. Closing a browser entirely is probably the safest bet.
by MinhN
Sun Sep 08, 2019 5:56 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6616
Views: 626506

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

I am considering using a modified version of this. With 1/3 in UPRO and 2/3 in bonds. It's like going 100% in equity with the added bonus of having extra bond income to offset the expense of running a leveraged fund. Is there anything wrong with this thinking?
by MinhN
Tue Sep 03, 2019 11:42 pm
Forum: Personal Investments
Topic: Bond yield inversion - VBILX
Replies: 11
Views: 875

Re: Bond yield inversion - VBILX

Crazy times we're living in, eh?
by MinhN
Thu Aug 22, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6616
Views: 626506

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

Will this strategy work when USA enters the world of negative interest rates? I have a feeling it will happen within our lifetime and that's uncharted territory. The negative correlation between stocks and bonds is a recent phenomenon so I'm not sure it will hold in such a new scenario.
by MinhN
Sat Jan 19, 2019 10:22 am
Forum: Personal Investments
Topic: The best Total International Stock Market Index ETF (VXUS?)
Replies: 5
Views: 1799

Re: The best Total International Stock Market Index ETF (VXUS?)

I recommend using portfoliovisualizer.com. The free website provides an extensive tool for comparing and creating portfolios of funds and stocks.
by MinhN
Fri Jan 04, 2019 3:12 am
Forum: Personal Consumer Issues
Topic: Do you have a fun finance-related hobby?
Replies: 50
Views: 6617

Re: Do you have a fun finance-related hobby?

There's a platform called Quantopian that lets you paper trade with algorithms. I learned how to program with python and how the stock market ticks. I highly recommend it as you'll learn two things in one go for free.
by MinhN
Fri Jan 04, 2019 3:05 am
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 149
Views: 14578

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

Have you tried a staffing agency for engineering companies? The companies can hire employees as contract workers so newbies get a chance to prove themselves. I believe companies are willing to take a risk when you're backed by a staffing company.
by MinhN
Thu Dec 27, 2018 11:13 am
Forum: Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 51
Views: 3033

Re: What are some disadvantages to TLH?

Trading slippage. Transaction fees. Etc.
by MinhN
Thu Dec 27, 2018 11:06 am
Forum: Personal Investments
Topic: How to sell VTSAX for tax gain harvest and rebuy immediately?
Replies: 16
Views: 1448

Re: How to sell VTSAX for tax gain harvest and rebuy immediately?

Buy a vanguard large cap and a small cap fund to replicate it if you want to rebuy immediately.
by MinhN
Mon Dec 24, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard says international will beat US stocks in next decade
Replies: 155
Views: 16891

Re: Vanguard says international will beat US stocks in next decade

I wouldn't say "will", but total emerging market funds completely obliterated the US stock market between the dotcom bubble and the 2008 financial crisis. It could happen again for non-US stocks. That's why I advocate investing in a global equity fund.
by MinhN
Thu Dec 20, 2018 10:36 pm
Forum: Personal Investments
Topic: TLH Now or Later
Replies: 3
Views: 386

Re: TLH Now or Later

I think it's wise to TLH now so you can have an immediate tax saving on the $17,000 when you offset your LTCG as opposed to just $3,000 each year. The $17,000 is worth more than the $3,000 in the future is my view.
by MinhN
Wed Dec 19, 2018 2:00 am
Forum: Investing - Theory, News & General
Topic: What are some non-doomsday scenarios where buy and hold index fund equities fails in the long run
Replies: 27
Views: 3248

Re: What are some non-doomsday scenarios where buy and hold index fund equities fails in the long run

Well, I can't see any non-doomsday scenario where a diversified portfolio in public equities would fail in the long run. The doomsday scenario would be our global capitalist system being shattered and public equities are no longer a vehicle for investing.
by MinhN
Sat Dec 15, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 190
Views: 16087

Re: Obamacare (ACA) Ruled Illegal by Texas Federal Court

New Jersey made it mandatory to carry health insurance or face a penalty so nothing changes for me as a resident. If this ruling stands, you might not be able to actually get that required health insurance. I don't see how this ruling would strike down the NJ law. People can buy health insurance ou...
by MinhN
Sat Dec 15, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 190
Views: 16087

Re: Obamacare (ACA) Ruled Illegal by Texas Federal Court

New Jersey made it mandatory to carry health insurance or face a penalty so nothing changes for me as a resident. If this ruling stands, you might not be able to actually get that required health insurance. I don't see how this ruling would strike down the NJ law. People can buy health insurance ou...
by MinhN
Sat Dec 15, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 190
Views: 16087

Re: Obamacare (ACA) Ruled Illegal by Texas Federal Court

New Jersey made it mandatory to carry health insurance or face a penalty so nothing changes for me as a resident.
by MinhN
Fri Dec 14, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: Did VMFXX break the buck? [Vanguard Federal Money Market Fund]
Replies: 12
Views: 1906

Re: Did VMFXX break the buck?

Not sure, but it's a scary reminder that money market funds are not guaranteed to be safe.
by MinhN
Mon Oct 22, 2018 11:36 pm
Forum: Investing - Theory, News & General
Topic: Do you take advantage of "volatility" in your investing strategy?
Replies: 15
Views: 2545

Re: Do you take advantage of "volatility" in your investing strategy?

I only take advantage of volatility to tax loss harvest in my taxable account.
by MinhN
Fri Oct 05, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache is the BOMB!
Replies: 32
Views: 5877

Re: Mr. Money Mustache is the BOMB!

Of course. It couldn't be more obvious. Are we just accumulating wealth for the sake of it?
by MinhN
Wed Jul 25, 2018 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Giving money to adult kids
Replies: 23
Views: 4227

Re: Giving money to adult kids

GuyInFL wrote: Sun Jul 22, 2018 9:22 pm What about a Single Payment Immediate Annuity?
I like this idea. I'm not well versed in annuities and inheritance but an income stream for your children should keep them on their toes and from blowing it all at once.
by MinhN
Fri Jul 13, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: Let's talk about Vanguard International Bond
Replies: 2
Views: 506

Let's talk about Vanguard International Bond

This outstanding fund has been outperforming Vanguard Total Bond Market since its inception and has a higher Sharpe Ratio as well. It's almost unreal. I think American Bogleheads who disregard international equities should reconsider their opinion on international bonds (hedged at least) in times of...
by MinhN
Mon Jul 09, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 27166

Re: Vanguard to offer non-Vanguard ETFs commission-free

Vanguard just made tax loss harvesting a lot easier. I've been meaning to TLH my international bond fund but Vanguard doesn't have an alternative. Now I can swap BNDX for something similar by another company for free. What an incredible move by Vanguard.
by MinhN
Fri Jul 06, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 20871

Re: Morningstar: prepare for a lost decade for U.S. stocks

I don't believe that those who invest solely in US equities are taking into account the vast political changes that the current administration is having on American trade and the economy. I'm thinking irreversible harm as major economies deem the US as unstable. I believe now is the time more than e...
by MinhN
Tue Jul 03, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 13810

Re: Treasury Auction - Nobody Came: "Great T-Bill Massacre"

There may be a point when the US can no longer ask the world to pay for its excesses. My outlook on US debt is not positive.
by MinhN
Thu May 31, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 10876

Re: Router hack, have you acted?

With the way things are going, the only way to remain unhackable is to go off the grid. Very disconcerting because our lives are becoming more online with ever more internet of things.
by MinhN
Fri May 18, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: No Need For Corp Bonds?
Replies: 38
Views: 5380

Re: Larry Swedroe: No Need For Corp Bonds?

Despite the credit risk of corporate bonds, I am under the impression that bondholders are paid before shareholders. Is this not a risk premium worth considering in the face of an economic downturn when bankruptcy is rife and equities are tanking?
by MinhN
Mon May 14, 2018 10:56 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 19411

Re: The front page is ugly

I have to disagree. The front page is the best part. It leads you straight to the action. No extra clicks are needed to read the most current threads. I don't need a splash page, blog, or news section.
by MinhN
Tue May 08, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Why do so many Americans not own stocks?
Replies: 44
Views: 4424

Re: Why do so many Americans not own stocks?

I don't agree with the conclusion. It's easy to blame the victim but the average American is not doing well these days because of bad longstanding economic policies, which hinder many Americans from saving or investing their money.
by MinhN
Thu Apr 26, 2018 3:54 pm
Forum: Investing - Theory, News & General
Topic: CAGR & Sharpe Ratio
Replies: 22
Views: 2402

Re: CAGR & Sharpe Ratio

The theoretically best portfolio according to Edward Thorp is the one with the highest Sharpe Ratio and leveraged as much possible to maximize a utility function. The sharpe ratio is mostly useless since we live in the real world where people can't borrow that easily and past returns don't predict ...
by MinhN
Thu Apr 26, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: CAGR & Sharpe Ratio
Replies: 22
Views: 2402

Re: CAGR & Sharpe Ratio

I guess your question of how to define "better performing" really is at the heart of why I pose this query at all. Maybe the better question to ask is: What are the metrics we should be using to evaluate portfolios and where does a comparison of CAGR and Sharpe ratio fall within those metrics? I su...
by MinhN
Thu Apr 26, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: CAGR & Sharpe Ratio
Replies: 22
Views: 2402

Re: CAGR & Sharpe Ratio

The theoretically best portfolio according to Edward Thorp is the one with the highest Sharpe Ratio and leveraged as much possible to maximize a utility function. The sharpe ratio is mostly useless since we live in the real world where people can't borrow that easily and past returns don't predict f...
by MinhN
Thu Apr 26, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: Unprecedented Event
Replies: 67
Views: 12350

Re: Unprecedented Event

Well the 2008 crisis was an unprecedented event so I'll promise you the next one will be even more spectacular. I'm not sure if the feds will be able to QE their way out of the next one. I'm 90% equities by the way.
by MinhN
Thu Apr 26, 2018 8:00 am
Forum: Investing - Theory, News & General
Topic: What happened to the Dow Jones between 1966-1982?
Replies: 72
Views: 7493

Re: What happened to the Dow Jones between 1966-1982?

Paying off your mortgage first is a good idea. Think of the interest as a risk free return. If you can't beat the risk free return, then it's a no-brainer.
by MinhN
Wed Apr 25, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 60
Views: 6732

Re: Is my computer obsolete?

Obsolescence depend on how you use your computer. Windows 7 is still supported by Microsoft. The greatest and latest speed isn't important if all you do is web browsing and text editing.
by MinhN
Tue Apr 24, 2018 9:27 am
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 319
Views: 48288

Re: I’m still not a fan of international bond funds

Unhedged international bond funds are terrible. You get currency volatility without the extra risk premium. On the other hand, the hedged international bond fund by Vanguard is excellent. You get less volatility and the hedge return. The hedge return will only get better as US interest rate rises. I...
by MinhN
Tue Apr 17, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 71
Views: 11244

Re: The World in 2050 — GDP & Stock Market Capitalization

My fear has always been the public stock market and its inability to capture global GDP growth. If all the capital is going into private hands or the very rich, the public stands to lose greatly in the growth of wealth. Thanks for the insight.
by MinhN
Mon Apr 16, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 129
Views: 24419

Re: We crush stock indexes, Yale claims

Shouldn't it be more accurate to compare return on a post tax basis? 12% return YoY at the highest tax bracket doesn't sound very nice. I imagine there's a lot of trading that would exclude Yale from long term capital gains tax rate.
by MinhN
Thu Apr 12, 2018 8:42 am
Forum: Personal Investments
Topic: Results after investing my Emergency Fund for 3yrs
Replies: 20
Views: 5096

Re: Results after investing my Emergency Fund for 3yrs

I consider Betterment a gimmick. What they offer can be replicated on your own at a lower fee. I have a different approach. I have a one month emergency fund, which is enough to give me time to withdraw from my Vanguard taxable account. I don't like leaving money on the table. I allocate based on ri...
by MinhN
Tue Apr 10, 2018 7:34 am
Forum: Investing - Theory, News & General
Topic: Why not annuitize most of portfolio?
Replies: 104
Views: 11886

Re: Why not annuitize most of portfolio?

I don't really see the point of an annuity. Annuities invest in the same underlying that we have access too. It's not like free money they are handing back to us. In a downturn, it could unpredictably bust. I would rather not lock my money behind a third party and instead manage it directly. Apologi...
by MinhN
Fri Apr 06, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 240
Views: 25068

Re: Swedroe: Look Beyond 60/40 Portfolio

I'm already on the international equities and bonds train. With the current agitation in US and with the rise of China, it's a good time to hedge my investment.
by MinhN
Fri Apr 06, 2018 8:05 am
Forum: Personal Investments
Topic: Rebalancing is profitable?
Replies: 29
Views: 5205

Re: Rebalancing is profitable?

Rebalancing doesn't give a free lunch. The purpose of rebalancing is to target a specific historical return and volatility. Whether or not the return and volatility will hold in the future, it's anyone's guess.
by MinhN
Thu Apr 05, 2018 9:44 am
Forum: Personal Investments
Topic: Bond fund vs. CD
Replies: 26
Views: 6598

Re: Bond fund vs. CD

It's a difficult comparison. One can't just dismiss bond funds in a rising interest rate because there are variables to consider besides interest rate sensitivity. Bonds are affected by supply and demand just like stocks so they can actually increase in value in a cooling market. 2008 is a great exa...