Search found 15 matches

by banook
Sun Nov 25, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 52
Views: 5725

Re: pros and cons of target date funds?

Sorry, but no. Virtually all experts on asset allocation have found the optimal international allocation for US investors to be between 30% and 50%, which is why virtually all target date funds have an international allocation within that range. The 20% allocation touted by many participants on thi...
by banook
Sat Nov 24, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 52
Views: 5725

Re: pros and cons of target date funds?

What is wrong with target date funds? What are some cons for those who choose not to use them and why others who use them feel the pros outweigh the cons? I see a lot of investors utilizing multiple funds - the lists are long on these posts and I dont know one from the other vtsx this vtsy that- it...
by banook
Tue Nov 20, 2018 9:58 pm
Forum: Investing - Theory, News & General
Topic: Automatic rebalancing - market stochasticity?
Replies: 7
Views: 627

Re: Automatic rebalancing - market stochasticity?

So there are a couple of threads on "Does the market mean revert?" The answer is yes it does, until it does not. Over the long run returns are driven by the supply of savings and demand for new investments. We can break this down into demographics, risk tolerance (depression babies vs optimistic bo...
by banook
Tue Nov 20, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Automatic rebalancing - market stochasticity?
Replies: 7
Views: 627

Re: Automatic rebalancing - market stochasticity?

The market inefficiencies will be gobbled by professional traders, who have teams of PhD's in finance and machine learning, high-speed computing assets, and direct communication pipelines into the trading centers. Eh, maybe so (as a PhD no good machine learning high speed computing type - albeit ga...
by banook
Tue Nov 20, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: Automatic rebalancing - market stochasticity?
Replies: 7
Views: 627

Re: Automatic rebalancing - market stochasticity?

I’m wondering about this demographic assumption: “if the level of indexing some day creates market inefficiencies, then there will be lots of people swooping in to grab the inefficiencies, thus making the market more efficient.” What I’m asking is demographically - what if there aren’t simply “lots ...
by banook
Tue Nov 20, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: Automatic rebalancing - market stochasticity?
Replies: 7
Views: 627

Automatic rebalancing - market stochasticity?

This is probably a dumb question, but I'm as curious as ever about it so thought I would ask. As more and more companies slot their workers automatically into target date funds like Vanguard and others (Black Rock, even personalized version of target dates for non-profits) and the total amount of $ ...
by banook
Thu Sep 13, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Subaru Forester - ready to buy
Replies: 43
Views: 4422

Re: Subaru Forester - ready to buy

My 2003 Honda Pilot with 270,000 miles is steadily leaking oil and signalling its transmission is going again. While I have a distance auto club towing benefit, I want the vehicle replaced this year, or better yet, this month. Our pattern has been to buy year old leased or dealer vehicles and hold ...
by banook
Thu Sep 13, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Have We Missed the Boat on Roth Conversions?
Replies: 48
Views: 5689

Re: Have We Missed the Boat on Roth Conversions?

I think you may be confusing Roth conversions with the back door method of contributing to Roth IRA. They are not the same thing although a Roth conversion is involved in each process. Yeah, I think they (OP) mean backdoor Roth - so the $5700 is a backdoor Roth conversion that was carried out while...
by banook
Sat Jul 21, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Unpermitted structure - options?
Replies: 27
Views: 2761

Re: Unpermitted structure - options?

You need to apply for an "As Built" Building Permit. 1 To do this you will need "First" need an architect/engineer to inspect then draw up the plans for the structure. 2 Whatever is not up to code whether electrical, plumbing, etc, will have to be brought up to code. You can get the reccomendation ...
by banook
Sat Jul 21, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Unpermitted structure - options?
Replies: 27
Views: 2761

Re: Unpermitted structure - options?

Hire a lawyer that specialises in these sorts of things (residential zoning, HOA's, residential insurance etc.) in your specific city. The initial consultation should be free and the issue seems straightforward. They will provide professional representation to you to get this resolved or at least d...
by banook
Sat Jul 21, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Unpermitted structure - options?
Replies: 27
Views: 2761

Re: Unpermitted structure - options?

These are incredibly common in the California county in which I live. Because housing in some areas of the state is so constrained, especially in certain parts of the Bay Area, many counties are implementing "amnesty"-type pathways to legalizing units. Have you looked into this? It is not just LA a...
by banook
Sat Jul 21, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Unpermitted structure - options?
Replies: 27
Views: 2761

Unpermitted structure - options?

We purchased our house last year in 2017 in the state of California and didn't know at the time that the mother-in-law suite in our sizeable backyard was an unpermitted structure or "illegal" unit. I know, spare me the "you should have done your due diligence" - I know we should have - rookie mistak...
by banook
Sun Jul 15, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Would you take a job in a less desirable city if you had to work fewer days?
Replies: 40
Views: 3318

Re: Would you take a job in a less desirable city if you had to work fewer days?

Would be interested in knowing if anyone has made a decision like this and how it turned out. I currently live in a big city (1.5 mil metro) with a lot of great activities and good weather, but need to work 5 days per week. I have the opportunity to take a job in a small city (400k metro) I don't r...
by banook
Sat Jul 14, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Catch up on retirement or pay mortgage faster?
Replies: 4
Views: 679

Re: Catch up on retirement or pay mortgage faster?

Yes, I agree on talking about it for sure - the joint/but not joint aspect of our finances. Discussion happening...
by banook
Sat Jul 14, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Catch up on retirement or pay mortgage faster?
Replies: 4
Views: 679

Catch up on retirement or pay mortgage faster?

I realize this has been asked many times before, but there are some unique aspects to our situation. My life stats are as follows: State of residency: California (Canadian, living and working in the US and married to an American) Age: 37 Spouse's age: 35 Debts: Mortgage: 379K remaining on 30 year te...