Search found 157 matches

by saintsfan342000
Thu Aug 06, 2020 6:16 pm
Forum: Investing - Theory, News & General
Topic: Purchased a ST Corp Bond ETF in March - Now What?
Replies: 7
Views: 364

Re: Purchased a ST Corp Bond ETF in March - Now What?

When I sell something to do a TLH I usually want a replacement that will give similar returns with similar risk. In this case that condition was met but the trading volume of the new security is very low and I would like to go back to my original position but then I would have to take the cap gains...
by saintsfan342000
Fri May 22, 2020 9:50 am
Forum: Personal Investments
Topic: Assuming we start paying banks to hold our money (in the US)
Replies: 49
Views: 4224

Re: Assuming we start paying banks to hold our money (in the US)

The sad truth is that a lot of people have long paid banks to hold their money. The big 4 monster mega banks and many super-regionals all charge monthly fees for basic checking, and millions of people suffer it just because they think there's no other choice. I can't imagine the current no-fee banks...
by saintsfan342000
Mon May 18, 2020 10:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7441
Views: 605010

Re: U.S. stocks continue to soar!

I can't stand Powell, he is a politician. They pump stock valuations then try to walk back The Fed issues a warning about the stock market, 5/18/20 Moral hazard is alive and well. Powell and the Fed don't seem to hide that the Fed has adopted a triple mandate: Maximum employment, stable prices, and...
by saintsfan342000
Sun May 17, 2020 9:20 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13386

Re: S&P500 vs World Performance

Hey look, another US vs International thread. We’re beating the stain on the ground left by the dead horse.
by saintsfan342000
Sat May 16, 2020 4:38 pm
Forum: Investing - Theory, News & General
Topic: Bond ETFs: Market Price vs NAV
Replies: 15
Views: 777

Re: Bond ETFs: Market Price vs NAV

gjlynch17 wrote:
Sat May 16, 2020 1:04 pm
You can make the simultaneous trades on the same day.
So Vanguard lets you use proceeds from a MF sale that technically hasn't occurred yet? I guess you didn't sell all shares? You probably specified a dollar amount that was quite a bit less than the value of your MF position?
by saintsfan342000
Sat May 16, 2020 10:29 am
Forum: Investing - Theory, News & General
Topic: Bond ETFs: Market Price vs NAV
Replies: 15
Views: 777

Re: Bond ETFs: Market Price vs NAV

I did just that when the spread was 5.5%. I thought it was a free lunch, watched it go to 12% i think and thought i was an idiot but held on. Then it went to nav and i went back to the fund. Easiest 5.5% i have ever made. To do this you had to sell the MF on day 1 and buy the ETF on day 2, right? D...
by saintsfan342000
Wed May 13, 2020 1:40 pm
Forum: Investing - Theory, News & General
Topic: Why it’s a good idea to hold long term Treasuries as your emergency fund
Replies: 114
Views: 9392

Re: Why it’s a good idea to hold long term Treasuries as your emergency fund

I don't understand why threads like this keep coming up. A 6-month emergency fund ought to be a small portion of any long-term saver's net worth. There's no reason to go chasing return on it and confusing it with the fixed-income portion of our investment portfolio.
by saintsfan342000
Mon May 11, 2020 12:16 pm
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16382

Re: [Are American markets likely to outperform INTL]

This thread seems to have run its course. Can we lock it and table the discussion for the next US-vs-Intl thread that someone will innocently start tomorrow?
by saintsfan342000
Sun May 10, 2020 12:12 pm
Forum: Investing - Theory, News & General
Topic: The advice you give vs the approach you use
Replies: 36
Views: 2167

Re: The advice you give vs the approach you use

Most of the advise I give is to total beginners on Reddit. These are people who call ETFs stocks, ask about the difference between ETFs and index funds, and propose investing in Total Stock Market AND S&P 500 funds. I almost always recommend they use a Target Date fund or allocation (e.g., Life Stra...
by saintsfan342000
Fri May 08, 2020 10:42 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 477
Views: 61476

Re: What lifestyle creep made you happier?

The $60 I spent on a few new pairs of sweatpants last week. My old ones were ~7 yrs old, and all this working from home the last 2 months really took its toll.
by saintsfan342000
Mon May 04, 2020 5:31 pm
Forum: Investing - Theory, News & General
Topic: Who is your all time favorite investor and why?
Replies: 52
Views: 2859

Re: Who is your all time favorite investor and why?

Clark Howard and his 4 Ds of investing: Discount, dollar cost average, diversify, dull. A true champion of Main Street investors. Also gotta give a nod to Austin, TX financial advisor Carl Stuart. He hosts a terrific weekend call in show on News Radio KLBJ. You can listen to nearly 5 years of shows ...
by saintsfan342000
Fri Apr 24, 2020 9:35 am
Forum: Personal Investments
Topic: Can't turn off dividend reinvestment with Vanguard
Replies: 20
Views: 1456

Re: Can't turn off dividend reinvestment with Vanguard

Is your Roth in one of Vanguard’s legacy mutual fund accounts? I believe they can’t hold cash in sweep accounts.
by saintsfan342000
Thu Apr 23, 2020 1:23 pm
Forum: Investing - Theory, News & General
Topic: Are you a market timer if you sit on cash?
Replies: 26
Views: 2270

Re: Are you a market timer if you sit on cash?

Your words, your bold face.
ukbogler wrote:
Thu Apr 23, 2020 4:29 am
So you’re not trying to time the market if you’re waiting for [something] to revert....
Waiting for some future event which may or may not ever happen isn’t timing?
This isn't complicated stuff guys. Seriously.
I agree, but your semantical gymnastics are.
by saintsfan342000
Thu Apr 23, 2020 2:30 am
Forum: Investing - Theory, News & General
Topic: Are you a market timer if you sit on cash?
Replies: 26
Views: 2270

Re: Are you a market timer if you sit on cash?

Refusing to buy because the price is too high isn't 'market timing', it's common sense. The market is usually at an all-time high , so how can you discern the moments when it’s too high from when it’s appropriately high? You’re absolutely trying to time the market if you’re just waiting for a lower...
by saintsfan342000
Sat Apr 18, 2020 8:43 am
Forum: Investing - Theory, News & General
Topic: That's it! Commodity ETFs is snake oil! I'm out!!!
Replies: 75
Views: 7499

Re: That's it! Commodity ETFs is snake oil! I'm out!!!

Forester wrote:
Thu Apr 16, 2020 5:39 am
Your best options are physical ETFs of gold and silver.
As in printed on a certificate of ownership, rather than kept electronically at a brokerage? How does that help?
by saintsfan342000
Fri Apr 17, 2020 7:58 am
Forum: Investing - Theory, News & General
Topic: Mr.Random Walk
Replies: 25
Views: 2740

Re: Mr.Random Walk

Not sure how the safety of Total Bond Market fund, non-ESG, and Vanguard’s push for advisory services are related. We should all know Total Bond isn’t as safe as a pure Treasury fund. We should all know Total Stock Market will include all the stocks, whether or not they conform to our belief of ethi...
by saintsfan342000
Wed Apr 15, 2020 4:48 am
Forum: Investing - Theory, News & General
Topic: Re-balance by adding money in losers
Replies: 7
Views: 557

Re: Re-balance by adding money in losers

You may find this online tool helpful. It’s simple and quite clever!
http://optimalrebalancing.tk/
by saintsfan342000
Tue Apr 14, 2020 4:37 pm
Forum: Investing - Theory, News & General
Topic: Did any Bogleheads blink?
Replies: 42
Views: 3989

Re: Did any Bogleheads blink?

Came within a few tenths of a pct of hitting my rebalancing by bands. TLHd at the market low (pure luck) expecting to surpass by bands the next day or shortly thereafter. Markets shot up 10-12 pct that next day though and we haven’t looked back since. Oh well...glad to have an IPS which had clear-he...
by saintsfan342000
Mon Apr 13, 2020 1:48 pm
Forum: Investing - Theory, News & General
Topic: Why shouldn´t I buy oil futures now?
Replies: 92
Views: 7306

Re: Why shouldn´t I buy oil futures now?

Why buy oil futures when you could buy the Turkish stock market at even lower valuations than this guy did in August 2018?
viewtopic.php?f=10&t=257708
by saintsfan342000
Sat Apr 11, 2020 1:18 pm
Forum: Investing - Theory, News & General
Topic: Fidelity - Human Robo Advisors - Anyone ?
Replies: 12
Views: 915

Re: Fidelity - Human Robo Advisors - Anyone ?

Hyperchicken wrote:
Sat Apr 11, 2020 1:08 pm
Human-robot hybrids. Whoa. :shock:
I believe mechcanical humanoid is the preferred nomenclature.
by saintsfan342000
Thu Apr 09, 2020 7:03 am
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32764

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

I figure the market has priced in massive, short-term drops in earnings, employment, GDP, etc. But I don’t think the current prices have taken into consideration this shut down lasting much beyond the end of the month. And it’s not currently priced for a second wave of infections. I'm not singling ...
by saintsfan342000
Wed Apr 08, 2020 6:51 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32764

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

I figure the market has priced in massive, short-term drops in earnings, employment, GDP, etc. But I don’t think the current prices have taken into consideration this shut down lasting much beyond the end of the month. And it’s not currently priced for a second wave of infections.
by saintsfan342000
Wed Apr 08, 2020 7:28 am
Forum: Personal Investments
Topic: Form 8606 - Using WCI tutorial, advisor left lines 8-11 blank
Replies: 9
Views: 730

Re: Form 8606 - Using WCI tutorial, advisor left lines 8-11 blank

FreeTaxUSA left 8-11 blank too, and Harry Sit AKA TheFinanceBuff said that those lines are intermediate steps and therefore it's ok for them to be blank. See comment #10 from Nathan and FinanceBuff's response: https://thefinancebuff.com/how-to-backdoor-roth-freetaxusa.html#comments Let this serve as...
by saintsfan342000
Tue Apr 07, 2020 6:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7441
Views: 605010

Re: U.S. stocks continue to soar!

No. I'm rather proud of myself. I didn't really sell much. I don't have a lot like most of you people, but I am still basically close to what I had (95% I'd say) from Feb 19 high. "Losing" money doesn't really bother me now, as I realize it'll mostly come back some day, hopefully. I do have about $...
by saintsfan342000
Mon Apr 06, 2020 8:56 pm
Forum: Personal Investments
Topic: Best TLH partner for Total Stock Market (VTSAX)?
Replies: 26
Views: 3225

Re: Best TLH partner for Total Stock Market (VTSAX)?

VLCAX or VFIAX. The difference between each other, and between them and VTSAX, is absolutely immaterial. Anything else introduces unnecessary complexity.
by saintsfan342000
Mon Apr 06, 2020 12:33 pm
Forum: Personal Investments
Topic: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently
Replies: 112
Views: 11295

Re: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently

The only action I've taken is tax loss harvesting.

I am unintentionally spending way less money than I used to. Can't eat out; not doing take out due to high-risk individuals in my home.
by saintsfan342000
Sat Apr 04, 2020 10:59 pm
Forum: Investing - Theory, News & General
Topic: If I were a retiree right now....
Replies: 83
Views: 11697

Re: If I were a retiree right now....

Raybo wrote:
Wed Mar 25, 2020 11:43 pm
Posting
Another
Nutty
Investment
Comment
You’ve got the name of the Congress’ next stimulus package there.
by saintsfan342000
Sat Apr 04, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: TLH Question on Potential Small Wash Sale Conflict
Replies: 16
Views: 714

Re: TLH Question on Potential Small Wash Sale Conflict

You subtract the number of shares purchased with the dividend reinvestment from the total number of shares on which you are claiming a loss. If you are selling multiple lots of shares, you cancel the oldest shares, which BTW usually have the smallest loss. But how do you reconcile ETF shares with m...
by saintsfan342000
Wed Apr 01, 2020 5:15 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 476
Views: 41783

Re: Why not 100% PSLDX?

2000-2002: Why not 100% small-cap value?
2002-2006: Why not 100% emerging markets?
2009-2019: Why not 100% US equities?

March 31-April 1, 2020: Why not 100% US large-cap derivatives plus long-term bonds?
by saintsfan342000
Tue Mar 31, 2020 11:46 pm
Forum: Investing - Theory, News & General
Topic: Macy’s dropped from s&p 500
Replies: 71
Views: 6997

Re: Macy’s dropped from s&p 500

Just curious. Macy’s is getting dropped from the snp to small cap. So does the fund just sell all Macy’s shares at a loss and the proceeds from that go to nav? Macy's is being removed from the S&P 500 Index and replaced by air conditioning company Carrier Global, That doesn't address OP's question....
by saintsfan342000
Tue Mar 31, 2020 10:02 pm
Forum: Personal Investments
Topic: Switch from VTIAX to --?__ for tax loss harvest
Replies: 8
Views: 671

Re: Switch from VTIAX to --?__ for tax loss harvest

I want to tax loss harvesting. What is a fund that is very similar to Vanguard Total International Stock Market Index Fund (VTIAX) ?? Does it have to be a fund? Could it be an ETF? VEU -- ETF of VFWAX IXUS -- equivalent to VXUS (VTIAX) Almost everyone around here would say TLHing from VTIAX into it...
by saintsfan342000
Tue Mar 31, 2020 1:13 pm
Forum: Personal Investments
Topic: tax lost harvesting question
Replies: 8
Views: 441

Re: tax lost harvesting question

I recommend you take some time read through WCI's tax loss harvesting guide. Down at the bottom he lists some good TLH pairs.
https://www.whitecoatinvestor.com/tax-l ... -vanguard/
by saintsfan342000
Tue Mar 31, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: How do I avoid falling prey to this potential bear market rally?
Replies: 39
Views: 4357

Re: How do I avoid falling prey to this potential bear market rally?

You make too much to do a standard Roth contribution. That also means you don’t need to worry about whether you time this right. Lump or DCA? Just pick on and never look back.
by saintsfan342000
Mon Mar 30, 2020 10:35 pm
Forum: Personal Investments
Topic: tax loss harvest by specID while preventing a wash sale
Replies: 33
Views: 1631

Re: tax loss harvest by specID while preventing a wash sale

You have nearly the same probability of doing better being out of the market for 30 days as being in the market for 30 days. People get a little paranoid about missing the big gain, but often forget about avoiding the big loss. I recognize that, but we're investors. We're here to invest first and f...
by saintsfan342000
Mon Mar 30, 2020 4:26 pm
Forum: Personal Investments
Topic: tax loss harvest by specID while preventing a wash sale
Replies: 33
Views: 1631

Re: tax loss harvest by specID while preventing a wash sale

dbr wrote:
Mon Mar 30, 2020 11:52 am
An option is to sell, stay out for 30 days, and to back.
With respect, I think that is always a poor course of action, but especially so right now. Time in the market is critical.
by saintsfan342000
Fri Mar 27, 2020 9:09 am
Forum: Personal Investments
Topic: I moved to cash on March 13th and I’m regretting my decision now
Replies: 77
Views: 9503

Re: I moved to cash on March 13th and I’m regretting my decision now

This is why everyone should have an IPS https://www.bogleheads.org/wiki/Investment_policy_statement I cannot emphasize this enough. Having this document helped immensely during this downturn. Among other things: - My IPS lists TLH partners. So no research or other gymnastics needed to support TLHin...
by saintsfan342000
Thu Mar 26, 2020 6:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7441
Views: 605010

Re: New Bull Market!

It's the biggest 3-day rally since 1931. Markets never went back down again after that, and the depression ended, right?
by saintsfan342000
Thu Mar 26, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: There Is No Gold
Replies: 160
Views: 12525

Re: There Is No Gold

Silver is about to sky-rocket and I'm going all in on it. Not only is it another precious metal that, along with gold and cigarettes, will serve as a post-apocalyptic currency, it also has these amazing anti-microbial properties i"m always hearing about. Given the cause of the current crisis I think...
by saintsfan342000
Wed Mar 25, 2020 2:32 pm
Forum: Personal Investments
Topic: Sell all shares in Roth IRA to avoid a wash sale?
Replies: 65
Views: 2329

Re: Sell all shares in Roth IRA to avoid a wash sale?

I would like to sell 180k worth of Vanguard Total Stock (VTSAX) in my taxable account and exchange the shares for Vanguard 500 Index in my taxable account. This would result in a 50k loss that I would tax loss harvest Worst case don’t you just wash out the number of shares you had bought on 2/25, w...
by saintsfan342000
Tue Mar 24, 2020 8:06 pm
Forum: Personal Investments
Topic: [Differences in strategies: Ramsey vs Bogle]
Replies: 60
Views: 3920

Re: Ramsey or Bogle?

I cannot give enough gravity to what I'm about to say: stay away from his Smartvestor program. Eight months with one of those hacks is how I ended up here.
by saintsfan342000
Tue Mar 24, 2020 8:00 pm
Forum: Personal Investments
Topic: Best way to switch from ETF to Mutual Fund
Replies: 7
Views: 506

Re: Best way to switch from ETF to Mutual Fund

I am thinking I can do this: sell the ETF at 3:55pm right before the market closes and put an order in for the mutual fund. If I get the order in for the mutual fund before the market closes, hopefully I can lock in on that day's NAV for the mutual fund. Maybe I should wait for calmer times to make...
by saintsfan342000
Mon Mar 23, 2020 7:08 pm
Forum: Personal Investments
Topic: 9 Reasons Not to Tax Loss Harvest (WCI)
Replies: 50
Views: 4372

Re: 9 Reasons Not to Tax Loss Harvest (WCI)

kingsnake wrote:
Mon Mar 23, 2020 4:50 pm
Meh,

I TLH'd today. Sold 100% of my Vanguard FTSE All-World ex US Index Fund and exchanged it into Vanguard Total International Stock Index Fund. :beer
Funny, I went 100% the other direction.

Nice post again from WCI. Didn’t know about a lot of those caveats.
by saintsfan342000
Mon Mar 23, 2020 3:19 pm
Forum: Investing - Theory, News & General
Topic: Mutual fund vs ETF Expense Ratio
Replies: 6
Views: 341

Re: Mutual fund vs ETF Expense Ratio

Thanks for all the info. I am looking at Vanguard. One of the ones I was looking at was FTSE Emerging Markets(VWO) with an ER of .1% vs the mutual fund version with an ER of .14. Does that matter much? $10K that gets 6% per year for 25 years becomes about $43K. If you get 5.96% per year (b/c of an ...
by saintsfan342000
Sun Mar 22, 2020 10:58 pm
Forum: Investing - Theory, News & General
Topic: Why are the same investors who said they wanted another 2008 now unwilling to buy into the market?
Replies: 31
Views: 2814

Re: Why are the same investors who said they wanted another 2008 now unwilling to buy into the market?

ionball wrote:
Sun Mar 22, 2020 10:06 pm
It could be a dry powder addiction problem.
I never realized they were talking about that powder.
by saintsfan342000
Sun Mar 22, 2020 10:44 pm
Forum: Investing - Theory, News & General
Topic: If Stocks WILL Go Lower Than it is Now...
Replies: 133
Views: 11441

Re: If Stocks WILL Go Lower Than it is Now...

If stocks WILL go lower than it is now like the vast majority of this forum is suggesting due to unemployment, lockdowns, etc., why wouldn't one be smart to move to a more conservative allocation at this time? I fully understand not wanting to "time the market," however it seems inevitable accordin...
by saintsfan342000
Sat Mar 21, 2020 1:09 pm
Forum: Personal Investments
Topic: Guys I Rebalanced (Moved Monies Out Of S&P 500)
Replies: 301
Views: 18336

Re: Guys I Rebalanced (Moved Monies Out Of S&P 500)

I've seen so many posts recently of people "not market timing" but just selling their equities for cash. It is really remarkable. People know market timing is a losing game, so rather than just admit that's what they're doing, they craft some circuitous argument about how what they're doing is some...
by saintsfan342000
Sat Mar 21, 2020 12:36 pm
Forum: Personal Investments
Topic: Guys I Rebalanced (Moved Monies Out Of S&P 500)
Replies: 301
Views: 18336

Re: Guys I Rebalanced (Moved Monies Out Of S&P 500)

Thanks for sharing. You've already proven to be kinda lousy at market timing since you didn't foresee the drop we've already suffered. And you're selling low. And you're letting news reports, which are written with incomplete and rapidly-evolving information, dictate your investment decisions. I'd a...
by saintsfan342000
Sat Mar 21, 2020 9:26 am
Forum: Investing - Theory, News & General
Topic: Spike in Repo Rates [Fed Overnight Repurchase agreement]
Replies: 179
Views: 18046

Re: Spike in Repo Rates [Fed Overnight Repurchase agreement]

https://www.bloomberg.com/news/articles/2020-03-19/before-fed-acted-leverage-burned-hedge-funds-in-treasury-trade People contended the event back in September was insignificant. Were they wrong? If there’s a problem around here, it might be that people run around screaming “the sky isn’t falling” a...
by saintsfan342000
Thu Mar 19, 2020 6:47 pm
Forum: Investing - Theory, News & General
Topic: CoronaCrash shows ETF is better than Mutual Fund
Replies: 51
Views: 4846

Re: CoronaCrash shows ETF is better than Mutual Fund

HEDGEFUNDIE wrote:
Thu Mar 19, 2020 2:28 pm
It seems to me that steady-as-she-goes investors are also the ones who complain most loudly about buying / not buying at NAV
Indeed. That is why I see no reason for a steady-as-she-goes, every-month-on-the-same-day investor to ever use ETFs over mutual funds.
by saintsfan342000
Thu Mar 19, 2020 2:25 pm
Forum: Investing - Theory, News & General
Topic: CoronaCrash shows ETF is better than Mutual Fund
Replies: 51
Views: 4846

Re: CoronaCrash shows ETF is better than Mutual Fund

As a modest counterpoint, mutual fund's NAVs for some funds are running way higher than the ETFs price. Having a fair amount of direct experience in this subject, I suspect that the mutual funds are running with old stale data and are pricing their funds too high. So if you buy in blindly too high ...