Search found 73 matches

by spefactor
Thu Dec 05, 2019 7:24 am
Forum: Investing - Theory, News & General
Topic: Treasury bond futures pricing
Replies: 3
Views: 317

Re: Treasury bond futures pricing

Hey, I was interested in buying a bond futures contract, specifically the ultra bond. When I go to enter in a trade to buy 1 contract, I see that the "amount" is ~$180k. I know the futures contract unit specifies $100,000 in face value. What I am wondering is my exposure in this trade? Is it $180k ...
by spefactor
Wed Dec 04, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: Treasury bond futures pricing
Replies: 3
Views: 317

Treasury bond futures pricing

Hey, I was interested in buying a bond futures contract, specifically the ultra bond. When I go to enter in a trade to buy 1 contract, I see that the "amount" is ~$180k. I know the futures contract unit specifies $100,000 in face value. What I am wondering is my exposure in this trade? Is it $180k o...
by spefactor
Sun Dec 01, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: Razer DeathAdder Elite on Crazy Sale
Replies: 9
Views: 1130

Re: Razer DeathAdder Elite on Crazy Sale

I actually categorize mouses as being in the "should pay up" category based on my experience. A $10 mouse off Amazon might last about 3 months (especially if you are using it heavily as a gamer). A $50 mouse will last years.
by spefactor
Fri Nov 29, 2019 11:20 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2548
Views: 472303

Re: What are you up YTD? [Year To Date]

up 29.8%, beardstown math
by spefactor
Fri Oct 18, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers Cost Basis
Replies: 3
Views: 542

Re: Interactive Brokers Cost Basis

Thanks all for chiming in. It seems a few days later my cost basis now shows source = “Broker” and not customer. It seems like they override my manually input basis with basis from Vanguard.
by spefactor
Mon Oct 14, 2019 5:49 pm
Forum: Investing - Theory, News & General
Topic: Interactive Brokers Cost Basis
Replies: 3
Views: 542

Interactive Brokers Cost Basis

Hey, I just transferred securities from Vanguard to Interactive Brokers to take advantage of good margin rates. I noticed the cost basis did not transfer over (taxable account), and I had to use a tool to input tax lots from Vanguard. When I sell, and a 1099-B is issued, will it reflect my self-repo...
by spefactor
Thu Oct 03, 2019 7:58 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1765
Views: 127089

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

Has anyone run any numbers on ideal rebalancing strategy for someone in a taxable account? Right now I'm relying solely on individual contributions to rebalance (adding $1k twice a month, current balance around $12k) and plan to rely solely on that at least until a year has passed so that any gains...
by spefactor
Thu May 23, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 307057

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

Thanks, and yeah I am buying-only the first year, maybe longer depending on how long I could keep that going realistically. Maybe incorporate my Roth eventually to also minimize taxes while keeping ratio even.
by spefactor
Thu May 23, 2019 11:47 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 307057

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

Looks like I am now sitting on some sizable losses on UPRO side. Anyone have thoughts any thoughts on doing TLH with SPXL?
by spefactor
Tue May 14, 2019 8:33 am
Forum: Personal Investments
Topic: Vanguard Cost Basis View
Replies: 9
Views: 1029

Re: Vanguard Cost Basis View

2nd day in a row with no cost basis... smh.
by spefactor
Mon Apr 22, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Advice for Helping Landlord Parents in Retirement
Replies: 4
Views: 475

Advice for Helping Landlord Parents in Retirement

Hi Bogleheads, I was hoping to get some advice regarding how to help my parents in their current retirement situation. To be honest I’m not even sure what questions to ask but any general advice would be appreciated. To start, my parents are both in a relatively solid financial situation, they have ...
by spefactor
Fri Apr 19, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 107
Views: 10631

Re: Luxury car recommendations?

If going the German car route (BMW, Mercedes, Audi) I would recommend getting an extended warranty or just leasing. It is truly jaw dropping how much these cars cost to repair.
by spefactor
Sat Feb 16, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 307057

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

I'm in for ~5% of my net worth. Should provide hours of entertainment watching the returns unfold (like a casino? 8-) )
by spefactor
Mon Jan 07, 2019 5:47 pm
Forum: Personal Consumer Issues
Topic: NYC restaurant suggestion
Replies: 60
Views: 5747

Re: NYC restaurant suggestion

I live in NYC (for many years now)... some recommendations on the slightly $$$ side but still quite reasonable: - I Sodi, favorite Italian restaurant in the area (takes reservations but can put name down, usually 1-3 hr wait depending when you go), hands down the best, more quiet - Via Carota, also ...
by spefactor
Wed Dec 12, 2018 10:51 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer. All in one or separate? And which one?
Replies: 34
Views: 2199

Re: Desktop Computer. All in one or separate? And which one?

Just bought an Intel Nuc mini-PC for my parents and they love it, would recommend if you don't mind spending 15 minutes plugging in a hard drive and some sticks of RAM.
by spefactor
Mon Oct 15, 2018 3:45 pm
Forum: Personal Investments
Topic: 1% Balance Transfer - Uber Barclays Visa
Replies: 16
Views: 950

Re: 1% Balance Transfer - Uber Barclays Visa

I've done this a lot, notes of caution. If you use the card for balance transfer checks, don't use it for purchases. Your minimum monthly payment will go against the 0% balance but your purchases may still incur interest charges. This is no longer true. Under the CARD Act, credit card companies are...
by spefactor
Sat Oct 13, 2018 9:47 pm
Forum: Personal Investments
Topic: 1% Balance Transfer - Uber Barclays Visa
Replies: 16
Views: 950

Re: 1% Balance Transfer - Uber Barclays Visa

I took up Barclays on a 3% fee, 0% APR for 18-month balance transfer offer a few months ago. I figured I could probably beat the return, and enjoy having a bit of a cushion in my bank balance (also use it here and there for bank bonus offers). I had it directly deposited into my bank account if I re...
by spefactor
Mon Apr 16, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1468

Re: Understanding my Wash Sale

Ah right, I would need to disallow some of the loss above and beyond what Vanguard did to account for the dividend reinvestment. I guess that I meant was, since the basis is added to the 14 shares I purchased in the retirement, when I go to retire, I won't have to worry about it since there is no ba...
by spefactor
Mon Apr 16, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1468

Re: Understanding my Wash Sale

Ok so it seems like what Vanguard did is correct, and as for those 14 units of short-term tax loss, I will just forget about it, since it's in my retirement. Thanks for everyones help.
by spefactor
Mon Apr 16, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1468

Re: Understanding my Wash Sale

Yea, for the sale on 03/29/2018, Vanguard said "Wash sale adjustments from transaction on 02/27/2018" and offset some of my ST loss with a positive amount. I guess this means they disallowed the 33 units I purchased from 2/27/2018 from the short-term loss. Since I don't really track basis in my 401(...
by spefactor
Mon Apr 16, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1468

Re: Understanding my Wash Sale

I updated with quantities.
by spefactor
Mon Apr 16, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1468

Understanding my Wash Sale

Hi Bogleheads, In my first foray into tax loss harvesting, I seem to have messed up big time and incurred a wash sale :oops: . I was hoping someone could help advise me how to handle this, since I'm in uncharted territory. Abbreviated timeline of events: Start year with sizable portion of VTSAX in V...
by spefactor
Sat Feb 17, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Issue - "Foreign source amount included in dividends"
Replies: 12
Views: 10782

TurboTax Issue - "Foreign source amount included in dividends"

I'm currently filling out my taxes and have a meager ($40) foreign tax credit as a result of holding VTIAX in taxable. TurboTax went imported everything okay but is now asking me, as I am about to file, to fill out box 6d "Foreign source amount included in dividends" on my 1099-DIV from VTIAX as par...
by spefactor
Fri Feb 03, 2017 8:23 pm
Forum: Personal Investments
Topic: Schwab offering .03% ER
Replies: 75
Views: 6240

Re: Schwab reduces index mutual fund ER and trade commission

SWTSX, or Schwab Total Stock Market Index Fund does track the Dow Jones U.S. Total Stock Market Index. This is going from .09% to .03%. I'm a little disappointed that Vanguard is at a higher expense ratio, especially given the low purchase minimum and since Schwab is a for-profit entity vs. the Vang...
by spefactor
Tue Oct 13, 2015 8:57 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 371
Views: 41627

Re: Northwest FCU 3-year 3.04% Add-On CD

Thanks for the datapoint... guess I will just wait it out!
by spefactor
Tue Oct 13, 2015 8:25 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 371
Views: 41627

Re: Northwest FCU 3-year 3.04% Add-On CD

Has anyone had the initial deposit pulled from their bank accounts yet? My account was approved on Saturday but still nothing.
by spefactor
Sat Oct 10, 2015 2:22 pm
Forum: Personal Consumer Issues
Topic: Who Gets a New iPhone Every Year? Why?
Replies: 62
Views: 8894

Re: Who Gets a New iPhone Every Year? Why?

I just recently broke free from the "buy a new iPhone" every two years mindset. To me the idea of spending ~$800-$900 (or an equivalent amount in subsidized contract) on a device that could be easily broken/stolen was too much and I said "enough is enough". Not to mention the fact that the battery w...
by spefactor
Fri Oct 24, 2014 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 435
Views: 203850

Re: The Mega Backdoor Roth IRA

Can this be done in addition to the normal "Backdoor Roth IRA"?
by spefactor
Tue Feb 04, 2014 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: BoA Cash Rewards (1.5%+) Privileges VISA - worth a look?
Replies: 14
Views: 2183

Re: BoA Cash Rewards (1.5%+) Privileges VISA - worth a look?

Favorite credit card of the moment is Barclays Arrival card.

$400 signup bonus after $1k spend.

2 miles for every purchase, and 10% points back when you redeem, so effectively 2.2% back.

Only downside is the annual fee ($89, waived first year), and miles can only be redeemed for travel credits.
by spefactor
Sat Jan 11, 2014 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: My AMEX CC 0% promo ends 1/14, interest question
Replies: 5
Views: 502

Re: My AMEX CC 0% promo ends 1/14, interest question

Check your statement. There should be a table with a breakout of the balance, the applicable APR, and the date the APR expires.
by spefactor
Sat Aug 31, 2013 12:37 pm
Forum: Personal Consumer Issues
Topic: Videos Streaming SO SLOW and I have TURBO Internet
Replies: 6
Views: 1028

Re: Videos Streaming SO SLOW and I have TURBO Internet

How is your computer connected to the router/modem? Wi-Fi or ethernet cable?
by spefactor
Mon Mar 04, 2013 10:21 am
Forum: Personal Consumer Issues
Topic: KeePass on Mac
Replies: 9
Views: 2102

Re: KeePass on Mac

I use KeePassX on my Mac without any issues.

I don't think this requires Mono -- I found the installation relatively straightforward and the application works pretty well.
by spefactor
Fri Feb 01, 2013 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA - Form 8606 - TurboTax
Replies: 11
Views: 6852

Re: Backdoor Roth IRA - Form 8606 - TurboTax

Thanks for the help Alan. My distribution code on 1099-R is 2, line 14 is 0, and line 18 is 0. It looks like everything is calculated correctly on those parts. Still, I would have hoped to see something filled in on the indented section (6-12). Just checked TaxAct and it has it. My 2011 return (Turb...
by spefactor
Fri Feb 01, 2013 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA - Form 8606 - TurboTax
Replies: 11
Views: 6852

Re: Backdoor Roth IRA - Form 8606 - TurboTax

Yeah I did visit that site. I deleted my 1099-R, followed his instructions to the T (except minor version issues) and my Form 8606 does not have lines 8, 9, or 10 populated hence why I think this may be an error.
by spefactor
Fri Feb 01, 2013 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA - Form 8606 - TurboTax
Replies: 11
Views: 6852

Re: Backdoor Roth IRA - Form 8606 - TurboTax

Yeah I did read it over and my impression was that this is a conversion and not a recharacterization as the IRS rules state: "Any recharacterized conversion or Roth IRA rollover from a qualified retirement plan will be treated as though the conversion or rollover had not occurred. Any recharacterize...
by spefactor
Fri Feb 01, 2013 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA - Form 8606 - TurboTax
Replies: 11
Views: 6852

Backdoor Roth IRA - Form 8606 - TurboTax

Hi, This year I did a backdoor Roth IRA (made a non-deductible contribution in 2012 and immediately converted it to a Roth in 2012). I entered this into TurboTax and Part II is correctly filled out. However, in Part I, line 8 is empty. I called up TurboTax and the lady mentioned that because what I ...
by spefactor
Thu Jan 10, 2013 7:28 pm
Forum: Personal Investments
Topic: Copy of Old Form 8606
Replies: 1
Views: 487

Copy of Old Form 8606

In 2010 I filed a tax return, but I immediately noticed my accountant messed up a ton of stuff so I had to file amended return. Among the items corrected was a missing form 8606 for 2010 (I made a nondeductible TIRA contribution), which I included in the amended return. I am somewhat concerned about...
by spefactor
Mon Nov 19, 2012 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Amex question
Replies: 25
Views: 3566

Re: Fidelity Amex question

Not true. I set mine up to pay the full balance. No more, no less. What!? Can you tell me where? I just checked again: I went to Pay Bill, clicked Auto-Pay, and was presented with two options: "I do not want to participate in auto-pay" and "Sign me up for auto-pay with these options" (only options ...
by spefactor
Sun Sep 30, 2012 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Pay bills when they are due or ASAP?
Replies: 39
Views: 4268

Re: Pay bills when they are due or ASAP?

I use automatic billpay for my credit cards. I get the most float and am never at risk of paying late.

The interest gained probably isn't much (.40% in checking last I checked) but I get a weird satisfaction I'm doing the most money-earning thing, even if it does amount to pennies....
by spefactor
Sun Jul 15, 2012 2:39 pm
Forum: Investing - Theory, News & General
Topic: How-to Withdraw Roth Contributions?
Replies: 4
Views: 789

How-to Withdraw Roth Contributions?

Hi, I am planning on withdrawing ordinary Roth contributions for prior years. How do I do this through Vanguard? Do I need to specify the specific years I am withdrawing so it is accurately report on tax forms by Vanguard? Also, my understanding is that this will need to be reported on Form 8606, Pa...
by spefactor
Fri Jul 06, 2012 8:00 pm
Forum: Personal Investments
Topic: Using Roth IRA for First Time Home Purchase
Replies: 7
Views: 2050

Re: Using Roth IRA for First Time Home Purchase

Thanks for the answers everyone, they have been really helpful!

My earnings do not meet the 5 year test, so it seems those will have to stay. It looks like I can withdraw $20,000 penalty-free.
by spefactor
Thu Jul 05, 2012 10:26 pm
Forum: Personal Investments
Topic: Using Roth IRA for First Time Home Purchase
Replies: 7
Views: 2050

Using Roth IRA for First Time Home Purchase

Hey Bogleheads, I am considering using my Roth IRA for my first home purchase. Here is a breakdown of my contributions/conversions: $5,000 contribution - 2008 year $5,000 contribution - 2009 year $5,000.23 conversion - 2011 year (converted from non-deductible traditional IRA contributed for 2010 tax...
by spefactor
Sat Jun 23, 2012 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Negotiate job offer? Unique circumstances.
Replies: 23
Views: 3231

Re: Negotiate job offer? Unique circumstances.

dailybagel, I would advise against it. You don't want to come off as greedy and jeopardize a solid job offer. This actually happened to me a couple of months ago (very good offer, negotiated, fell through). Some say negotiate every offer, but I am a bit jaded from this experience. Most reasonable em...
by spefactor
Tue May 29, 2012 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Social lending - worth the time?
Replies: 23
Views: 3015

Re: Social lending - worth the time?

It was fun to try but I think I'm not going to re-invest anymore after having been on it for two years. Reasons I do not like it: - Tax headache (I *hate* doing taxes though) - Not tax-efficient FWIW, I have gotten a 9.35% net return on a total of 82 loans, though 6 of these charged off and 3 are la...
by spefactor
Sat Feb 11, 2012 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Economics of eating out
Replies: 75
Views: 8683

Re: Economics of eating out

I guess count me as one on the "only eat out" side of the spectrum -- I have not used my kitchen since I moved into my apartment 6 months ago. I live in the NYC area and a $7 burrito at Chipotle is worth its weight in gold compared with the time and hassle of grocery shopping, cooking food, cleaning...
by spefactor
Sat Feb 11, 2012 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: advice on reimbursement for CC fraud
Replies: 9
Views: 776

Re: advice on reimbursement for CC fraud

I don't really think you have anything to worry about as both Visa and MasterCard both have zero liability policies.
by spefactor
Sun Dec 04, 2011 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Single employee (owner) payroll
Replies: 14
Views: 2982

Re: Single employee (owner) payroll

I was in the same boat as you, I ended up consulting my local CPA who offered payroll services through ADP. It wasn't very expensive (something like $50 a month for one employee paid monthly) and they take care of a lot of the tax stuff for you. You actually give them power of attorney and file all ...
by spefactor
Tue Nov 08, 2011 11:12 pm
Forum: Investing - Theory, News & General
Topic: State of Residence Impact on Net Worth
Replies: 33
Views: 4530

Re: State of Residence Impact on Net Worth

I used to live in a Chicago suburb, I would say that for a family of 4, the income of someone living and working in NYC needs to be at least 2x that of someone working in the Chicago area to ensure the same quality of life with respect to housing and education. Despite the claim by many politicians...