Search found 114 matches

by Actin
Wed Oct 14, 2020 11:51 pm
Forum: Personal Investments
Topic: How much cash does 80 y.o. FI ($5.8m NW) mother need? She's curious about gifting, places to park cash
Replies: 31
Views: 4810

Re: How much cash does 80 y.o. FI ($5.8m NW) mother need? She's curious about gifting, places to park cash

It really doesn't matter what her AA is. The game is so thoroughly won that the market has no impact on her financials at this point. Estate planning for the future with a good lawyer is more important than her AA right now. You could pretty much out there entire brokerage account into VTSAX. A corr...
by Actin
Mon Oct 12, 2020 2:24 pm
Forum: Investing - Theory, News & General
Topic: "Active" Index investing vs. "Passive" Index investing
Replies: 197
Views: 7907

Re: "Active" Index investing vs. "Passive" Index investing

Didn't read the entire thread. Active investing makes no sense to me. Unless your advisor has inside information, his guess is just as good as yours. Why would any sane person pay a fee for someone to either underperform the market or create an overcomplicated three fund portfolio to give the illusi...
by Actin
Mon Oct 12, 2020 2:13 pm
Forum: Personal Investments
Topic: “Defi” Bogleheads?
Replies: 14
Views: 2002

Re: “Defi” Bogleheads?

I liked crypto a lot better before it became a consensual ponzi
by Actin
Sat Oct 10, 2020 6:17 pm
Forum: Personal Investments
Topic: How many funds?
Replies: 46
Views: 3027

Re: How many funds?

Too many funds creates a lot of overlap. It also dilutes your compounding because you're going to end up with a bunch of garbage funds. You're also market timing if you're trying to break VTSAX into components, which means you will inevitably trail the market
by Actin
Thu Oct 08, 2020 6:26 pm
Forum: Investing - Theory, News & General
Topic: For a beginner investor, what will happen with bonds?
Replies: 42
Views: 4693

Re: For a beginner investor, what will happen with bonds?

Bonds are now a dead asset class. The times of 5% bond yields are just a baby boomer relic. I've read dozens of threads about this over the past five months. The problem is that no one has a good answer for what to replace them with. T
by Actin
Tue Sep 29, 2020 11:14 am
Forum: Investing - Theory, News & General
Topic: US Investor investing mostly in international
Replies: 45
Views: 4088

Re: US Investor investing mostly in international

This is a ridiculous strategy. You're market timing by tilting international... OP said being "concerned and skeptical about the US over the long term" was the reason to underweight it. Are people who are concerned and skeptical about the long term prospects of such places as Japan and Eu...
by Actin
Mon Sep 28, 2020 7:23 pm
Forum: Investing - Theory, News & General
Topic: Joe Montana vs S&P since 1981 $1 invested
Replies: 28
Views: 5723

Re: Joe Montana vs S&P since 1981 $1 invested

That's bs that they won't even give you free shipping
by Actin
Mon Sep 28, 2020 7:20 pm
Forum: Investing - Theory, News & General
Topic: US Investor investing mostly in international
Replies: 45
Views: 4088

Re: US Investor investing mostly in international

This is a ridiculous strategy. You're market timing by tilting international and you've essentially "picked the flowers and watered the weeds" for the past thirteen years.
by Actin
Wed Sep 23, 2020 9:32 pm
Forum: Personal Investments
Topic: Long Suffering VXUS Holder No More
Replies: 216
Views: 20217

Re: Long Suffering VXUS Holder No More

International investing is a catch 22. It has underperformed the past 13 years, so anyone that dumps it is performance chasing and if you're holding it because you think it's going to change, you're market timing. Holding onto your international investments, regardless of its recent returns, is not...
by Actin
Wed Sep 23, 2020 9:03 pm
Forum: Personal Investments
Topic: Long Suffering VXUS Holder No More
Replies: 216
Views: 20217

Re: Long Suffering VXUS Holder No More

International investing is a catch 22. It has underperformed the past 13 years, so anyone that dumps it is performance chasing and if you're holding it because you think it's going to change, you're market timing.

I can tell you that you're better off with VXUS than you will be investing in China.
by Actin
Sat Sep 19, 2020 7:48 pm
Forum: Investing - Theory, News & General
Topic: Ken Moraif must be getting nervous
Replies: 90
Views: 25528

Re: Ken Moraif must be getting nervous

The Annuity Slayer has an updated review of Moraif - enjoy! That performance record is certainly a disappointment. They probably argue that the risk adjusted returns are acceptable. I see that the Annuity Slayer also covers the Online Trading Academy. In February I attended one of their free Power ...
by Actin
Sat Sep 19, 2020 7:54 am
Forum: Investing - Theory, News & General
Topic: Chris Hogan's Facebook Group restrictions
Replies: 52
Views: 3595

Re: Chris Hogan's Facebook Group restrictions

They get a commission from their "ELP" program because it pushes active mutual funds with 5% front load fees. They remove these posts because people buying index funds doesn't make them any money. To play devil's advocate, the people who do the Ramsey programs are people with low intellige...
by Actin
Thu Sep 17, 2020 9:42 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio issues stark warning about US dollar’s future as global reserve currency
Replies: 42
Views: 3567

Re: Ray Dalio issues stark warning about US dollar’s future as global reserve currency

How many times has he said this so far? The dollar is always on the verge of collapse according to him and Schiff. He does a very good job of eloquently packaging and selling doomsday porn to gullible people.
by Actin
Wed Sep 16, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 11154

Re: Reasons to invest internationally, or not.

Buying international and bonds is market timing
by Actin
Mon Sep 14, 2020 6:21 pm
Forum: Personal Investments
Topic: Unhedged international bond fund?
Replies: 7
Views: 378

Re: Unhedged international bond fund?

Does that even exist?
by Actin
Sun Sep 13, 2020 3:59 pm
Forum: Personal Investments
Topic: Cash on hand for two year horizon - suggested placement
Replies: 6
Views: 696

Re: Cash on hand for two year horizon - suggested placement

Two years is a really long time and life changes very fast. I would invest it into a taxable account with that time frame.
by Actin
Sun Sep 13, 2020 3:56 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 11154

Re: Reasons to invest internationally, or not.

It's natural to want to diversify. VTSAX has plenty of diversification, but it's natural to want more, even if what you're diversifying into is sub optimal or even negative. Investing in international just looks and feels correct on paper, not so much in reality though. There is also a political asp...
by Actin
Sat Sep 12, 2020 7:02 pm
Forum: Personal Investments
Topic: Buy and hold investor: when to sell?
Replies: 17
Views: 1273

Re: Buy and hold investor: when to sell?

You buy when you have the money and sell when you need it.

Individual stocks are horrible to own in a roth. But index funds.
by Actin
Sat Sep 12, 2020 9:26 am
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 204
Views: 20755

Re: Anyone successfully living off dividends & interest?

This has concerned me as well. As does the lack of replies. As AlohaJoe pointed out, $2MM portfolio sheds $30k per year. How many folks have $2MM in retirement and unfortunately, $30k isn't that big of a number these days. I continue to search for other avenues of passive income but have yet to fin...
by Actin
Thu Sep 10, 2020 12:16 am
Forum: Investing - Theory, News & General
Topic: DCA, Lump sum, or...
Replies: 19
Views: 1132

Re: DCA, Lump sum, or...

Lump sum is mathematically superior 2/3 of the time, and DCA is superior 1/3 of the time, and that's pretty much based on luck. I did DCA with an inheritance I received for two years. I eventually upped it to DCA larger amounts and eventually put the entire rest of it in. It's completely fine for so...
by Actin
Wed Sep 09, 2020 5:00 pm
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 236
Views: 22752

Re: Tesla becomes most valuable car company in the world

The hilarious part about this is that Tesla has been the most shorted company forever now, and everyone was buying and going long before the S&P verdict. I'm seeing tons of idiots on other financial forums crying because they were all saying a 10x long on Tesla was easy money
by Actin
Mon Sep 07, 2020 7:07 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with FOMO? [Fear Of Missing Out]
Replies: 251
Views: 13721

Re: How do Bogleheads cope with FOMO?

Easy: Retire about 5 to 10 years before all those others and Live The Dream. I've wanted to invest in TSLA for years now. Never did (besides from index funds). Why? Because of this forum lol...hard to know exactly what would've happened (how much would I have bought exactly, would I have held on to...
by Actin
Mon Sep 07, 2020 2:47 pm
Forum: Investing - Theory, News & General
Topic: Why do people end up with 10-15 funds in their 401k?
Replies: 60
Views: 4797

Re: Why do people end up with 10-15 funds in their 401k?

I think it's a combination of the fact that most businesses have really bad fund selections and your average person has no idea what they are doing when it comes to fund selection, so they just randomly pick different funds based on names. I have seen this unfortunately so many times. My best frien...
by Actin
Mon Sep 07, 2020 1:00 pm
Forum: Investing - Theory, News & General
Topic: Why do people end up with 10-15 funds in their 401k?
Replies: 60
Views: 4797

Re: Why do people end up with 10-15 funds in their 401k?

I think it's a combination of the fact that most businesses have really bad fund selections and your average person has no idea what they are doing when it comes to fund selection, so they just randomly pick different funds based on names.
by Actin
Sun Sep 06, 2020 10:00 pm
Forum: Personal Investments
Topic: Lump Sum Vs Dollar Cost Average
Replies: 19
Views: 1482

Re: Lump Sum Vs Dollar Cost Average

Lump sum is mathematically superior, but DCA removes a lot of emotional stress. I remember I lost $300 the very first day my money went to VTSAX several years ago. That amount of money is nothing, but I remember feeling like I got scammed seeing that. I actually think doing the reverse of what the p...
by Actin
Sun Sep 06, 2020 9:41 am
Forum: Investing - Theory, News & General
Topic: In accumulation phase, should you ever need more than 10% fixed income?
Replies: 27
Views: 2426

Re: In accumulation phase, should you ever need more than 10% fixed income?

If you have the ability to see long periods of negative returns without panic selling or taking the money out to FOMO into something. People here have posted graphs showing the returns highs are higher with 100% equities, but the lows are also lower, compared to a portfolio with bonds. Can you stay ...
by Actin
Sat Sep 05, 2020 10:16 pm
Forum: Personal Investments
Topic: Bond anxiety
Replies: 53
Views: 5204

Re: Bond anxiety

I am 100% equities right now. My business is what I see as my biggest investment. I don't ever plan to use any of the money in my vanguard accounts. That money is just going to grow until I die and be given to heirs. There's nothing wrong with going all stock, but you better have a big emergency fun...
by Actin
Sat Sep 05, 2020 9:46 pm
Forum: Personal Investments
Topic: Convincing teenager to invest in Roth
Replies: 109
Views: 5937

Re: Convincing teenager to invest in Roth

Children are your property. You don't convince them to do things, you tell them what to do. You don't convince your children to not eat poison.
by Actin
Fri Sep 04, 2020 9:07 pm
Forum: Personal Investments
Topic: Neutralizing TSLA in VTSAX?
Replies: 20
Views: 1940

Re: Neutralizing TSLA in VTSAX?

That is way too much thought and effort to go through. I have no doubt that Tesla will be an after thought thirty years from now when all the Musk hype is long gone, but I'm not going to walk away from the free money that this hype train is creating
by Actin
Fri Sep 04, 2020 7:24 pm
Forum: Investing - Theory, News & General
Topic: Is it really passive index if S&P actively excludes Tesla?
Replies: 160
Views: 12012

Re: Is it really passive index if S&P actively excludes Tesla?

One of the requirements for being in the S&P is four profitable quarters, all of which Tesla only made money by selling tax credits. They only meet that requirement with a big asterisk next to it, which is probably the reason the committee passed. The company still loses money on every vehicle t...
by Actin
Thu Sep 03, 2020 6:29 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 296
Views: 34598

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

My only advice to you is don't expect much of an inheritance and don't let your Dad move in with you when he loses the majority of it. I don't expect any inheritance. I'm hoping my dad uses up all his hard earned money for himself and for my mom. He worked very hard to get to this point, would hate...
by Actin
Thu Sep 03, 2020 6:14 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 296
Views: 34598

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

My only advice to you is don't expect much of an inheritance and don't let your Dad move in with you when he loses the majority of it.
by Actin
Tue Sep 01, 2020 10:41 am
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 211
Views: 33717

Re: For those with $500k-$1m in investments...

90% taxable 10% deferred.

Before starting my own business, I had a high paying job, but it had absolutely no retirement benefits. Really wish I had done more with my Roth when I was younger. My taxable is significantly large enough that it's a glorified savings account and emergency fund.
by Actin
Mon Aug 31, 2020 12:11 am
Forum: Personal Investments
Topic: What funds for my 401K
Replies: 9
Views: 560

Re: What funds for my 401K

Thank you. That's one thing that the CPA informed me of when I filed. I pay myself on the last day of every month. Am I correct in thinking that I can put 100% of my salary into the 401k and match it 25% as an employer? My plan was to do this up to the max and just use the distributions to pay my p...
by Actin
Sun Aug 30, 2020 10:28 pm
Forum: Personal Investments
Topic: What funds for my 401K
Replies: 9
Views: 560

Re: What funds for my 401K

If you were filing taxes as a sole proprietor before and you're now an S-Corp, be aware that solo 401k works differently for S-Corps. Your Solo 401k contributions are no longer based on your self employed net income but on your S-Corp W-2 salary. If you pay yourself 100K W-2 salary, then that allow...
by Actin
Sun Aug 30, 2020 10:24 pm
Forum: Investing - Theory, News & General
Topic: What Experts Say about Individual Stocks vs. Mutual Funds
Replies: 61
Views: 21647

Re: What Experts Say about Individual Stocks vs. Mutual Fund

I cannot see the logic in allocating my money on the basis of cap weighting. I can see why the market as a whole allocates in this way but that is very different from what any given individual investor should do. Actually, there is a very simple and compelling argument for cap weighting: large comp...
by Actin
Sun Aug 30, 2020 10:17 pm
Forum: Personal Investments
Topic: What funds for my 401K
Replies: 9
Views: 560

Re: What funds for my 401K

I think you need to think of an overall asset allocation, then decide what to put in what account. You didn't tell us how much is in taxable vs IRA vs 401(k), so I assume this a new 401(k) with nothing in it? perfectly healthy [...] and my business is stable and not affected by recessions or corona...
by Actin
Sun Aug 30, 2020 10:06 pm
Forum: Personal Investments
Topic: What funds for my 401K
Replies: 9
Views: 560

What funds for my 401K

So I'm currently self employed and I've just switched my LLC to an S-Corp. Taxable: VTSAX/VTIAX 90%/10% Roth IRA:VTSAX I know I dog on international and REITs, but I don't really want to go full VTSAX in every account. I was thinking of putting VTWAX as the 401k component. I'm not an expert at the 4...
by Actin
Sun Aug 30, 2020 6:02 pm
Forum: Personal Investments
Topic: Dump Bonds -- buy AAPL & TSLA split?
Replies: 131
Views: 10583

Re: Dump Bonds -- buy AAPL & TSLA split?

I don't think Tesla is a good choice, but Apple definitely is. If the money isn't needed, then it's actually a really good gamble.
by Actin
Sat Aug 29, 2020 7:52 pm
Forum: Investing - Theory, News & General
Topic: Are you a closet market-timer?
Replies: 174
Views: 13952

Re: Are you a closet market-timer?

The only investing that isn't a form of market timing is buying high and selling low
by Actin
Sat Aug 29, 2020 4:50 pm
Forum: Personal Investments
Topic: Where to Park Money for short term?
Replies: 6
Views: 814

Re: Where to Park Money for short term?

You don't have any good alternatives to cash for that short of a time frame
by Actin
Fri Aug 28, 2020 11:18 pm
Forum: Personal Investments
Topic: VTSAX & VTWAX
Replies: 25
Views: 2930

Re: VTSAX & VTWAX

I don't like VTWAX for the same reason I don't like target date funds. You're paying more, albeit a negligible amount in the grand scheme, for less control of the same thing.
by Actin
Fri Aug 28, 2020 6:35 pm
Forum: Personal Investments
Topic: Poor performing portfolio
Replies: 71
Views: 7355

Re: Poor performing portfolio

Why do many redundant and inferior funds? Sell all of that and just buy VTSAX. The fact that someone can have so little in gains, while the fed is destroying the dollar to keep stock prices on an election year, seems impossible to me.
by Actin
Fri Aug 28, 2020 11:28 am
Forum: Personal Investments
Topic: What to do with unused emergency fund?
Replies: 39
Views: 3431

Re: What to do with unused emergency fund?

You're better off with straight cash than you are with CDs, treasuries, or bonds. Lots of people, myself included, have just started using our taxable accounts a defacto emergency fund. People that make smart and intentional decisions with their lives tend to have significantly fewer "emergenci...
by Actin
Thu Aug 27, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: Whose being naughty and keeping some dry powder around?
Replies: 110
Views: 9474

Re: Whose being naughty and keeping some dry powder around?

Now is probably the safest time in history to buy. The market literally cannot go down while the fed has the money printer set to max.
by Actin
Thu Aug 27, 2020 7:45 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 178
Views: 19415

Re: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]

Amazing. Now I get a choice of three different 0% accounts to put my money in. I love having choices
by Actin
Wed Aug 26, 2020 11:15 pm
Forum: Personal Investments
Topic: Who is liable for this?
Replies: 46
Views: 6388

Re: Who is liable for this?

Always thoroughly check the settings in everything you sign up for. Tons of companies have ridiculous default settings that work against you and many intentionally set defaults to profit of the"gotcha' moment
by Actin
Wed Aug 26, 2020 7:49 pm
Forum: Personal Investments
Topic: Should we be (mostly) all cash?
Replies: 37
Views: 4636

Re: Should we be (mostly) all cash?

7eight9 wrote: Wed Aug 26, 2020 4:58 pm You might want to consider a Single Premium Immediate Annuity (SPIA).
Example - 62M 70F Texas - per $100,000 - $409/mo
https://www.immediateannuities.com/info ... tep-1.html
Every post you make is recommending an annuity.