Search found 254 matches

by Elric
Fri May 15, 2020 6:13 pm
Forum: Investing - Theory, News & General
Topic: Fidelity fund proposals vote June 2020
Replies: 4
Views: 3078

Re: Fidelity fund proposals vote June 2020

Not even close to an expert on these. I HAVE seen proposals similar to #1 before. So at least this might be food for thought. Do they spell out WHICH policies they want to change to be non-fundamental? That would help you decide how to vote. As a matter of practice, I suspect it doesn't matter, beca...
by Elric
Sun May 03, 2020 11:38 am
Forum: Investing - Theory, News & General
Topic: Airline Stocks
Replies: 42
Views: 3993

Re: Airline Stocks

Buffet announced he's sold all of his airline holdings: https://www.bbc.com/news/world-us-canada-52518186
by Elric
Fri Apr 24, 2020 5:31 pm
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 7843

Re: All the upside of the S&P with 10% downside protection "Free"?

The growth in this fund over the 6 year period is not compounded. In other words if the SP climbed 60% over the 60 years you would get that increase in your annuity. However, if you owned the SP500 and it went up 10% per year for the six years based on the first year amount and ended at the same SP...
by Elric
Thu Apr 23, 2020 3:24 pm
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 7843

Re: All the upside of the S&P with 10% downside protection "Free"?

One other point that has not yet been raised. I agree with the other posters that this is a very bad investment, and that, in general, not just variable annuities but structured notes (which is what this behaves as) are not good. But even if you thought the latter wasn't true, you can do a lot bette...
by Elric
Fri Apr 10, 2020 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Where can 1099 worker apply for 4/10 PPP Submission?
Replies: 3
Views: 312

Re: Where can 1099 worker apply for 4/10 PPP Submission?

Not missing anything...lots of banks are making a business relationship a requirement, including the bank I work for. You can try very small community lenders near you that are SBA approved...I know of at least one in my area that did not make the above a strict requirement. +1 If that doesn't work...
by Elric
Tue Apr 07, 2020 11:55 am
Forum: Personal Investments
Topic: Guys I Rebalanced (Moved Monies Out Of S&P 500)
Replies: 301
Views: 17797

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

:oops: This is textbook market timing, don’t fool yourself. +1,000. You don't KNOW the market will drop as far as you think. And if it does, will you buy back in, or fear that it could drop further? When it has a very volatile path back to your sell point, will you then buy back in, or still fear i...
by Elric
Thu Mar 12, 2020 12:52 pm
Forum: Personal Consumer Issues
Topic: Traffic camera ticket
Replies: 78
Views: 3938

Re: Traffic camera ticket

I got $50 once in Virginia and it clearly shows my license plate. I paid my $50 and nothing shown in any report or my insurance impacted. Its run by third party but video showed very clearly - on right turn I havent stopped for 2 seconds and yield instead. Since no stop on red, they ask me to pay $...
by Elric
Mon Mar 09, 2020 2:16 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 491
Views: 41537

Re: The Calm Post - Stay the course thread.

Best tweet I saw today: "Your 401(k) right now is like your face. Don't touch it." (Ryan Teague Beckwith)
by Elric
Tue Feb 25, 2020 11:07 am
Forum: Personal Consumer Issues
Topic: Do you ever use cash?
Replies: 228
Views: 13446

Re: Do you ever use cash?

Only three kinds of people use cash: Old fashioned people who can't change their habits Paranoid people who think cash is more secure People who fear their spending would go wild with credit cards This is not correct. It's easy to overlook or discount people and issues we and our immediate associat...
by Elric
Fri Feb 21, 2020 5:59 pm
Forum: Personal Investments
Topic: 3-fund vs Target vs Active Mgmt?
Replies: 8
Views: 705

Re: 3-fund vs Target vs Active Mgmt?

I think OP's question is not the same as just looking at active vs. passive funds. An active equity fund stays in equities, an active bond funds stays in bonds. I think OP is looking more for hard data for passive asset allocation vs. dynamic or tactical asset allocation. Unfortunately, the only thi...
by Elric
Fri Feb 21, 2020 3:57 pm
Forum: Personal Consumer Issues
Topic: How frequently do you change passwords, NOT what password manager do you use
Replies: 66
Views: 3517

Re: How frequently do you change passwords, NOT what password manager do you use

Yes. How do they know which account is yours on Google, after breaking in on Amazon ? Lots of folks use the same user_id or use their email address as their user id. The hacker programs can churn through every combination of hacked user_id(s), password(s) extremely rapidly. :thumbsup Remember, no o...
by Elric
Fri Feb 21, 2020 1:30 pm
Forum: Personal Consumer Issues
Topic: How frequently do you change passwords, NOT what password manager do you use
Replies: 66
Views: 3517

Re: How frequently do you change passwords, NOT what password manager do you use

I've had the same password or a couple variations of the same, since I first got on the internet over 20 years ago. With the 200 or more sites I'm registered on there is no way I could have a separate password for each one. I'm not familiar with password managers but couldn't a hacker just as well ...
by Elric
Wed Feb 19, 2020 9:07 pm
Forum: Investing - Theory, News & General
Topic: Are students a good alternative investment?
Replies: 5
Views: 870

Re: Are students a good alternative investment?

The ISA will tend to be favored by people going into lower paying jobs and investors may lose money if you price based on the average. And you can't solve that sort of problem by raising the payback percentage since this usually triggers a death spiral/further deterioration of the pool. Per the art...
by Elric
Wed Feb 19, 2020 4:31 pm
Forum: Investing - Theory, News & General
Topic: Are students a good alternative investment?
Replies: 5
Views: 870

Are students a good alternative investment?

Interesting article, and it looks like some of these efforts are already partly funded by high value qualified investors (so clearly actionable). Obviously not for the two or three fund folks, but for those who diversify, could this have a place in your portfolio, sort of like microloans? Where migh...
by Elric
Fri Feb 14, 2020 4:17 pm
Forum: Personal Investments
Topic: Alternatives to Edward Jones
Replies: 44
Views: 4046

Re: Alternatives to Edward Jones

How close are the nearest Schwab offices?
by Elric
Mon Feb 10, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: Need software to convert pic --> avatar
Replies: 16
Views: 1022

Re: Need software to convert pic --> avatar

Peculiar_Investor wrote:
Mon Feb 10, 2020 9:17 am
Google turns up many sites that will do it online, for free. If you were a Windows user I would have recommended Paint.NET - Free Software for Digital Photo Editing.
I realize that OP is a Mac user, but for Windows users, +1 for Paint.NET. It hits the sweet spot in capability and ease of use.
by Elric
Mon Feb 10, 2020 10:32 am
Forum: Personal Investments
Topic: Edleman Financial Engines ?
Replies: 18
Views: 1272

Re: Edleman Financial Engines ?

I wonder if there was some confusion on the communications path on paying "expense ratios." Like an earlier poster,.I doubt they are debating the internal annual ER of whatever funds they are using BUT maybe the original conversation was referring to other fees, like upfront sales fees,.which he SHO...
by Elric
Sat Feb 08, 2020 9:08 am
Forum: Personal Investments
Topic: Make The Case: Fidelity v. Schwab
Replies: 66
Views: 4956

Re: Make The Case: Fidelity v. Schwab

123 wrote:
Fri Feb 07, 2020 11:12 pm
The other difference is that Fidelity offers automatic rollover on treasury securities at auction whereas Schwab does not.
FYI, Schwab has just implemented automatic rollover on treasury bills.
by Elric
Fri Feb 07, 2020 2:57 pm
Forum: Personal Consumer Issues
Topic: Anyone watch the Amazon series “The Expanse”?
Replies: 50
Views: 5492

Re: Anyone watch the Amazon series “The Expanse”?

Definitely a fan. As a reader of the books, I found season 4 a bit disappointing. I think it's because I knew the overall plot line well, and it was more like just waiting for it to play out. For some reason I didn't have the same reaction on seasons 1 through 3.
by Elric
Thu Feb 06, 2020 11:13 am
Forum: Investing - Theory, News & General
Topic: What bonds are you buying?
Replies: 71
Views: 4605

Re: What bonds are you buying?

Short term potential need (1-2 years) in CDs.
Bulk in split between a US Treasuries ladder and Vanguard Intermediate-Term Corporate Bond Index Fund ETF (VCIT) to get more yield than just treasuries, with some additional volatility as the downside, which I'm fine with.
by Elric
Fri Jan 31, 2020 10:54 pm
Forum: Personal Investments
Topic: personal investing
Replies: 20
Views: 1282

Re: personal investing

Haven't had a long-term relationship with an adviser, but we had one for a few years. Also a nice guy. I still think he's a nice guy. I also think I learned some things from him as we transitioned to retirement. Had some issues too. But those issues aside, I also think he was well compensated for hi...
by Elric
Fri Jan 24, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: Interesting and wide-ranging interview with Paul Krugman
Replies: 11
Views: 1245

Interesting and wide-ranging interview with Paul Krugman

Lex Fridman, an MIT professor specializing in AI, automated vehicles, and robotics, has an interesting and wide-ranging extended interview with nobel prize-winning economist and writer Paul Krugman on his latest podcast (https://lexfridman.com/paul-krugman/). I think it's worth a listen. One interes...
by Elric
Mon Jan 20, 2020 4:26 pm
Forum: Personal Consumer Issues
Topic: If you could only listen to one podcast...
Replies: 138
Views: 11509

Re: If you could only listen to one podcast...

Wait Wait... Don't Tell Me!, aka WWDTM: The podcast of the weekly comedy news quiz show from NPR. I've watched several tapings at Wolf Trap when they are in town. Four others I listen to regularly: Ask Me Another: trivia comedy quiz show, also from NPR. I've also seen one live recording session for ...
by Elric
Mon Jan 20, 2020 2:42 pm
Forum: Investing - Theory, News & General
Topic: stop loss order to protect again a unexpected recession
Replies: 77
Views: 5436

Re: stop loss order to protect again a unexpected recession

As @nisiprius posted, the fact that the market has dropped significantly tells you pretty much nothing about what it will do next. It's almost memoryless. It may go up even more, it may recover, it may go down more, or it may stay around that new value indefinitely. So a stop loss is very likely to ...
by Elric
Wed Jan 15, 2020 11:49 am
Forum: Personal Consumer Issues
Topic: what to do with old engineering text books
Replies: 72
Views: 5538

Re: what to do with old engineering text books

I have many old text books from the mid 80's when I graduated college. They include physics,calculus, and upper division engineering. I have decided to get rid of them since I am now retired almost three years but don't want to just throw them away. the local junior college library does not want th...
by Elric
Mon Jan 06, 2020 5:38 pm
Forum: Personal Investments
Topic: Whats the best way to fire my adviser and move to Vanguard?
Replies: 21
Views: 1581

Re: Whats the best way to fire my adviser and move to Vanguard?

I think it's polite to tell your advisor. They are human after all. Just drop them an email if you don't want to deal with phone call. Yes! I would initiate the process first with Vanguard, but concurrently or immediately thereafter, tell your present financial advisor. I don't believe that you can...
by Elric
Fri Jan 03, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: MarketWatch Three-Fund Portfolio Wins Again!
Replies: 73
Views: 5353

Re: MarketWatch Three-Fund Portfolio Wins Again!

Looking at the 3-Fund Portfolio with a 60/40 stock to bond allocation, broken out as 50% Vanguard 500 Index Investor, 10% Vanguard Total Intl Stock Index Investor, and 40% Vanguard Total Bond Market Index Investor: The 3-Fund CAGR is 21.25%, beating some other "simple" portfolios but losing to other...
by Elric
Tue Dec 17, 2019 9:24 am
Forum: Personal Investments
Topic: Roth IRA Conversion Dec. 2019 - quick question at Schwab
Replies: 18
Views: 1080

Re: Roth IRA Conversion Dec. 2019 - quick question at Schwab

Just did one with Schwab a week ago. You can do it online IF you are converting all of a given security. Since I was converting just some shares of a particular ETF, I had to use the paper form. Still simple and easy. And you can specify EITHER the number of shares to convert OR the dollar value.
by Elric
Mon Dec 16, 2019 6:04 pm
Forum: Personal Consumer Issues
Topic: Need advise re: database programs (or something along those lines) for work
Replies: 2
Views: 410

Re: Need advise re: database programs (or something along those lines) for work

Is the data relational or a flat file? I think there may be other options if all you need is one big table to draw from (and you may want to keep it in Excel if that's mostly what you are using. It's been a few years for me, too, bit besides Access there's Libra Office Base as a free, open source al...
by Elric
Wed Dec 11, 2019 9:00 pm
Forum: Investing - Theory, News & General
Topic: Three Fund Vs Butterfly Fund or other
Replies: 151
Views: 10928

Re: Three Fund Vs Butterfly Fund or other

There are always superior portfolios (before tax). It is nearly always because that specific portfolio took more risk and won during that specific period. Except that in the data the OP presented, there are several portfolios that do a bit better in BOTH higher return AND lower risk, and for multip...
by Elric
Wed Dec 11, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: Do Mutual Funds (and ETFs) Split?
Replies: 15
Views: 1132

Re: Do Mutual Funds (and ETFs) Split?

Had a split occur not long after I switched to Schwab. Scary few minutes, as when I happened to check my accounts that evening, the new, much lower share price was reflected, but NOT the increase in shares. They fixed that shortly thereafter. Curious... which fund was this? -TheDDC FIDELITY CONTRA ...
by Elric
Wed Dec 11, 2019 1:07 pm
Forum: Investing - Theory, News & General
Topic: Do Mutual Funds (and ETFs) Split?
Replies: 15
Views: 1132

Re: Do Mutual Funds (and ETFs) Split?

Had a split occur not long after I switched to Schwab. Scary few minutes, as when I happened to check my accounts that evening, the new, much lower share price was reflected, but NOT the increase in shares. They fixed that shortly thereafter.
by Elric
Mon Dec 09, 2019 12:14 pm
Forum: Personal Consumer Issues
Topic: Amazon Echo Dot
Replies: 77
Views: 4001

Re: Amazon Echo Dot

I think these things are great so long as you don't have privacy concerns, and your expectations are tuned close to current reality --- both for better but also very much for worse, this isn't the HAL 9000 from "2001 A Space Odyssey". Well, the "open the pod bay doors, HAL" scenario is quite real: ...
by Elric
Mon Dec 09, 2019 9:39 am
Forum: Personal Consumer Issues
Topic: Amazon Echo Dot
Replies: 77
Views: 4001

Re: Amazon Echo Dot

We find them really useful. We have the larger version than the dot for better sound. Most frequent uses are cooking timer, weather, playing music (Pandora and the My Music skill to play from our iTunes collection, and misc. Questions like what time is the Big Ten championship. You can get it to rea...
by Elric
Sun Dec 08, 2019 2:25 pm
Forum: Personal Investments
Topic: Passively Managed Funds in a Market Downturn a Good Idea?
Replies: 28
Views: 2566

Re: Passively Managed Funds in a Market Downturn a Good Idea?

If you, the one who is in a position to take action to protect capital, just sit there “passively” while a critical component of family wealth incinerates in an extreme market scenario, you don’t get to say, “Well, honey, well, kids, on the blog they all told me to ‘Stay the Course!’” It won’t play...
by Elric
Thu Dec 05, 2019 12:51 am
Forum: Personal Investments
Topic: Passively Managed Funds in a Market Downturn a Good Idea?
Replies: 28
Views: 2566

Re: Passively Managed Funds in a Market Downturn a Good Idea?

No one knows if we're about to go into a bear market of if the run will continue. I understand that this run has been unusually long, but also less steep a climb than usual. Two things to keep in mind: the most common outcome after the market hits a new high is that it hits another new high. On aver...
by Elric
Sat Nov 30, 2019 7:31 pm
Forum: Personal Consumer Issues
Topic: Camera Question
Replies: 69
Views: 2963

Re: Camera Question

Yet one more vote for B&H. Very reputable, good pricing, and they have been in business "forever." If you're ever in New York City, you can visit their large brick and mortar store.
by Elric
Sun Nov 10, 2019 7:00 pm
Forum: Personal Consumer Issues
Topic: RSS Reader Question
Replies: 12
Views: 944

Re: RSS Reader Question

QuiteRSS. I've been using it for years, both at work, and now that I'm retired, at home.
by Elric
Sun Nov 10, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: What is reasonable HOA reserve?
Replies: 13
Views: 1427

Re: What is reasonable HOA reserve?

As multiple others have posted, reserves are for needed capital reinvestment. As such, you really need a reserve study (how formal and whether in-house or contracted for depends on the size and nature of your HOA and its assets). You really can't use a rule of thumb percentage of annual expenses. I'...
by Elric
Fri Nov 08, 2019 8:14 pm
Forum: Personal Investments
Topic: Talk Me Off the Active Investing Ledge!
Replies: 58
Views: 4212

Re: Talk Me Off the Active Investing Ledge!

I'm confused. I thought you said the portfolio had underperformed the index until last year, but then you showed figures showing it beat the index year after year. How long has this portfolio been around, and which is it? Is this for the entire stock portion of your investments or just a portion?
by Elric
Wed Nov 06, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: Going small on a Windows PC
Replies: 17
Views: 1575

Re: Going small on a Windows PC

I have an HP EliteDesk and I'm very happy with it.
by Elric
Sun Nov 03, 2019 4:35 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251700

Re: What Book Are You Currently Reading? Part VI

Lloydo wrote:
Sun Nov 03, 2019 12:52 pm
“Permanent Record”, Edward Snowden. Highly recommended!
I agree. It's what I read before How Democracies Die. I had already read and watched a lot on Snowden, so I found it a good, but not great, book. If I had known less going in I'd likely have rated it even higher.
by Elric
Sun Nov 03, 2019 4:35 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251700

Re: What Book Are You Currently Reading? Part VI

Lloydo wrote:
Sun Nov 03, 2019 12:52 pm
“Permanent Record”, Edward Snowden. Highly recommended!
I agree. It's what I read before How Democracies Die. I had already read and watched a lot on Snowden, so I found it a good, but not great, book. If I had known less going in I'd likely have rated it even higher.
by Elric
Sun Nov 03, 2019 9:12 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251700

Re: What Book Are You Currently Reading? Part VI

"How Democracies Die" by Steven Levitsky and Daniel Ziblatt. Excellent book that I cannot recommend highly enough. Goes into what has happened in other countries outside of the U.S., the "soft guardrails" that help protect against authoritarian leaders and how these have been eroded over several de...
by Elric
Sun Nov 03, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: What to do if HOA hasn't file taxes
Replies: 14
Views: 1652

Re: What to do if HOA hasn't file taxes

This is much more common than you might think, both for HOA"s and small non-profits. I had a similar issue when I took over as an HOA treasurer a couple of years ago, but with the benefit of decent records. For Federal taxes, you must file every year, but likely don't owe taxes. Using form 1120H, yo...
by Elric
Fri Nov 01, 2019 1:41 pm
Forum: Personal Consumer Issues
Topic: Halloween Candy - Favorites; Throw it in the Bag
Replies: 61
Views: 4003

Re: Halloween Candy - Favorites; Throw it in the Bag

The real danger that your kids face is traffic. Dressing up your kids in dark costumes and having them walk around in masks with impeded visibility does result in fatalities. Watching out for traffic and teaching your kids caution is the best way to keep them safe. Kids are 300% more likely to be s...
by Elric
Fri Nov 01, 2019 1:32 pm
Forum: Personal Consumer Issues
Topic: Halloween Candy - Favorites; Throw it in the Bag
Replies: 61
Views: 4003

Re: Halloween Candy - Favorites; Throw it in the Bag

Snickers is #1, closely followed by Reese's Peanut Butter Cups and Hershey's Chocolate bars.
by Elric
Thu Oct 31, 2019 10:44 pm
Forum: Personal Investments
Topic: Best way to sell off invididual stock investment portfolio?
Replies: 16
Views: 1704

Re: Best way to sell off invididual stock investment portfolio?

7. Random final question, is there anyway in any of the online brokerages like Schwab, to see how my portfolio has compared to the S&P 500 or VTI over the same time span, considering gains + dividends? While there was a $45K increase, I'd like to know that I was hopefully somewhere in line with hol...
by Elric
Thu Oct 31, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251700

Re: What Book Are You Currently Reading? Part VI

"How Democracies Die" by Steven Levitsky and Daniel Ziblatt. Excellent book that I cannot recommend highly enough. Goes into what has happened in other countries outside of the U.S., the "soft guardrails" that help protect against authoritarian leaders and how these have been eroded over several dec...