Search found 36 matches

by DosCommas
Mon Jun 08, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you hold cash for large expenses?
Replies: 29
Views: 2655

Re: Do you hold cash for large expenses?

If you are asking if you should sell equities when they are essentially back at all-time highs to generate funds to pay for a committed project that will begin and end within 24 months, I think the answer is a resounding yes. I think this is a good point... the timing, while accidental, will give m...
by DosCommas
Mon Jun 08, 2020 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Do you hold cash for large expenses?
Replies: 29
Views: 2655

Do you hold cash for large expenses?

I decided to start a home renovation in the next 6-12 months which I plan to fund via selling investments in a taxable account. My thinking is that now that I know it’s coming in the short term I should immediately set aside those funds from the portfolio to avoid being forced to sell lower, but giv...
by DosCommas
Sun May 31, 2020 10:53 pm
Forum: Personal Consumer Issues
Topic: Rural Internet Options
Replies: 25
Views: 1721

Re: Rural Internet Options

T-mobile should have a mobile hotspot device you can buy and add to your plan. Verizon also has these and often works well in more rural areas. One of my relatives even had Verizon come out and install an antenna of some sort on their roof which provided cellular based broadband through a Verizon ro...
by DosCommas
Mon May 18, 2020 12:51 am
Forum: Investing - Theory, News & General
Topic: Anyone have experience with Yieldstreet?
Replies: 8
Views: 527

Re: Anyone have experience with Yieldstreet?

I put this link in another thread. They have filed suit against one of their originators and a major borrower. I have no idea what percent of assets this represents though and what the overall track record is. These types of firms don’t typically share complete performance data, but maybe you should...
by DosCommas
Sun May 17, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: Latest on Yieldstreet
Replies: 20
Views: 3200

Re: Latest on Yieldstreet

They have definitely had defaults and some large deals are experiencing issues right now, not just due to market conditions. This is a pretty good read before you touch any of this stuff: https://www.bloomberg.com/news/articles/2020-04-16/soros-backed-yieldstreet-finds-fraud-in-89-million-of-ship-de...
by DosCommas
Tue May 12, 2020 9:36 am
Forum: Personal Consumer Issues
Topic: Wink moving to subscription platform. Hub will no longer work.
Replies: 18
Views: 1509

Re: Wink moving to subscription platform. Hub will no longer work.

If you’re using Lutron Casetta switches you will have to buy a Lutron Smart Bridge to replace Wink. That will get you control via Amazon Alexa and Apple HomeKit. You can also connect the Lutron Smart Bridge to a SmartThings hub if you have other non Lutron devices you need to control and want to use...
by DosCommas
Fri May 08, 2020 9:12 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 475196

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

Hi— back in February someone mentioned UBT as a second choice to TMF, likely due to decreased leverage (2X vs. 3X). I have (as many do, I’m sure) big gains in TMF but significant losses elsewhere in my portfolio. Would those of you doing this strategy in a taxable account consider using UBT as a pl...
by DosCommas
Sat May 02, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 475196

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

I am following the 55/45 strategy. I started 40/60 with 100k which was invested over 3 quarters starting March 2019 (due to me wanting to avoid ST gains in taxable during rebalances the first year). I let the portfolio drift up a bit to 50/50 following OP’s recommendation to switch to 55/45. I rebal...
by DosCommas
Wed Mar 18, 2020 3:50 pm
Forum: Investing - Theory, News & General
Topic: Buy & Hold, 2 Decades Later
Replies: 8
Views: 1110

Re: Buy & Hold, 2 Decades Later

I don't think divident reinvestment is included in those graphs. It's pretty misleading.
by DosCommas
Fri Feb 21, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: USC - Free tuition for families making under $80k
Replies: 46
Views: 2081

Re: USC - Free tuition for families making under $80k

It’s a fixed pot of money. If it’s coming off investments no matter how you cut it someone is then paying an artificially high rate. I sure hope the multi-millionaire FIRE types that manage their income draw very low to collect ACA subsidies don’t qualify for free tuition based on less than 80k inc...
by DosCommas
Fri Jan 31, 2020 10:06 am
Forum: Personal Consumer Issues
Topic: Suggestions for wife's new luxury (or non luxury) SUV???? UPDATE: Thanks everyone for your help.
Replies: 138
Views: 9374

Re: Suggestions for wife's new luxury SUV????

If you have a dealer near you look at the Volvo XC90 with air suspension.
by DosCommas
Sun Jan 26, 2020 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implications & large cash gift for down payment?
Replies: 111
Views: 3072

Re: Tax implications & large cash gift for down payment?

If he is willing to gift you the money so that it is in your bank account for more than 2 statements prior to applying for the mortgage it will save you some explaining. If not, you will need a letter for the underwriter from him explaining it is a gift and there is no expectation for you to pay it ...
by DosCommas
Sun Jan 05, 2020 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Geico cancels 1M umbrella
Replies: 54
Views: 6768

Re: Geico cancels 1M umbrella

Geico $584 per year for $5m. 1 car 2 drivers no kids of driving age.
by DosCommas
Fri Nov 01, 2019 10:20 pm
Forum: Personal Investments
Topic: Origin Investments
Replies: 7
Views: 706

Re: Origin Investments

The website makes me log in to really understand the investments. I’d be curious to hear WCI’s rationale for this investment. How does it use depreciation to shield capital gains exactly? Not generally a bogleheads investment - it's private equity, actively managed, where you are betting on the man...
by DosCommas
Thu Oct 31, 2019 11:29 pm
Forum: Personal Investments
Topic: Origin Investments
Replies: 7
Views: 706

Re: Origin Investments

Anyone have experience with these guys? I am considering investing in their Opportunity Zone Fund as I have a large unavoidable capital gain this year and am in the 23.8% cap gains bracket. Even though the gain is larger I'm not willing to put more than $100k into something like this and there aren...
by DosCommas
Thu Oct 31, 2019 11:09 pm
Forum: Personal Investments
Topic: Origin Investments
Replies: 7
Views: 706

Re: Origin Investments

Be wary of the liquidity of this fund - full tax benefits with a 10-year investment commitment. I am in a similar situation and may just eat the taxes and it is unclear I want to commit over such a time-frame. Liquidity is not an issue for me. It’s less than 5% of my portfolio and I have a 20+ year...
by DosCommas
Thu Oct 31, 2019 10:42 pm
Forum: Personal Investments
Topic: Origin Investments
Replies: 7
Views: 706

Origin Investments

Anyone have experience with these guys? I am considering investing in their Opportunity Zone Fund as I have a large unavoidable capital gain this year and am in the 23.8% cap gains bracket. Even though the gain is larger I'm not willing to put more than $100k into something like this and there aren'...
by DosCommas
Mon Oct 28, 2019 1:20 am
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 229
Views: 30367

Re: I’m done with index funds

I’ve looked at this in depth. I believe an SMA from Aperio or Parametric is not a bad product but you’re way overestimating the savings. I just referred back to the Monte Carlo provided by one of these firms directly and in their own marketing materials they show under 1% annualized increased return...
by DosCommas
Wed Oct 09, 2019 9:27 am
Forum: Personal Investments
Topic: Excellent Adventure in Taxable?
Replies: 33
Views: 5705

Re: Excellent Adventure in Taxable?

Hi, For a small part of my portfolio I want to be in HEDGEFUNDIE's Excellent Adventure. (I understand that it's risky and the money I'm allocating shouldn't impact my finances if doesn't work out). I have a Vanguard taxable account (with VTSAX) that I am transferring to M1 Finance. I'm requesting s...
by DosCommas
Tue Oct 08, 2019 11:44 pm
Forum: Personal Investments
Topic: Excellent Adventure in Taxable?
Replies: 33
Views: 5705

Re: Excellent Adventure in Taxable?

Hi, For a small part of my portfolio I want to be in HEDGEFUNDIE's Excellent Adventure. (I understand that it's risky and the money I'm allocating shouldn't impact my finances if doesn't work out). I have a Vanguard taxable account (with VTSAX) that I am transferring to M1 Finance. I'm requesting s...
by DosCommas
Fri Sep 13, 2019 12:12 am
Forum: Personal Investments
Topic: Low fee Private Equity / Alternative Investing Approach
Replies: 13
Views: 1844

Re: Low fee Private Equity / Alternative Investing Approach

I would consider the possibility that historical PE outperformance has led to performance chasing and with larger deals required to put so much capital to work returns may be headed lower for awhile. Not saying it isn’t a worthwhile asset class for your portfolio, just get yourself ready in case pas...
by DosCommas
Wed Sep 04, 2019 10:38 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 8119

Re: First-hand experiences with United Basic Economy for families?

Done it before. They will allow a backpack per person but no rollerboards unless you pay to check them. They WILL let you pay a small fee to select regular seats which I recommend. When I booked last the seat selection fee was $17/seat to choose for a cross country flight. You can do it while bookin...
by DosCommas
Thu Aug 29, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 475196

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

Or you may be able to share sells at a loss and not incur capital gains. No. The thirty day before and after rule sinks that idea. It's probably easier come tax time to sell lots with ltcg or zero stcg. It is possible to use SPXL as a TLH pair for UPRO to avoid wash sales. Since the start of the ad...
by DosCommas
Sun Mar 17, 2019 4:53 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 246
Views: 47624

Re: What's your U.S. : International ratio?

The main reason for US outperformance over the past 10-15 years has been the rise of tech giants like Amazon and Facebook. There's no such thing as this in Europe, Japan or other countries. The most valuable company in Europe today is Nestle. Consumer staples like this are not known for explosive g...
by DosCommas
Sun Mar 03, 2019 3:26 pm
Forum: Personal Investments
Topic: Opportunity zone fund investing - opinions?
Replies: 9
Views: 1322

Re: Opportunity zone fund investing - opinions?

I have looked at a couple of these... Two that I found from firms with at least some track records are a) Fundrise - structured as REIT and b) Caliber Companies - structured as a partnership. Both are only available to qualified investors. The issues I have seen so far with these: 1) These are real ...
by DosCommas
Sun Feb 24, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA conversion - Charging Tax in Turbotax
Replies: 17
Views: 1257

Re: Backdoor Roth IRA conversion - Charging Tax in Turbotax

I was verifying again and 8606 says below in the end. My wife does not work. It says my wife can deduct on 1880 of her contribution of 5500 contribution to a traditional IRA because Husband is covered by a retirement plan at work and your MAGI is between 189-199. The difference of 3620 is considere...
by DosCommas
Sun Feb 24, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA conversion - Charging Tax in Turbotax
Replies: 17
Views: 1257

Re: Backdoor Roth IRA conversion - Charging Tax in Turbotax

I did it recently and it worked correctly. You have to submit both non-deductible contributions (1 for you and 1 for your wife) and the 1099-Rs for the conversion, and also specify the basis correctly. If nothing was in any traditional IRAs before you specify the basis of $0. If there was $1882 in y...
by DosCommas
Sun Feb 24, 2019 1:49 pm
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 137
Views: 29508

Re: When do you notice the compounding at work?

once your returns are far in excess of your contributions Succinctly stated. :happy A consideration is that one also notices compounding when returns are losses large compared to contributions and/or withdrawals. 100%. Having put almost 7 figures into the market about a year ago and then steadily e...
by DosCommas
Sun Feb 24, 2019 10:27 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 7240

Re: I'm essentially market timing, but can't bring myself to stop.

It doesn’t sound to me like you’re a “market timer”. You’re not selling out of your existing 80/20 portfolio to wait for the drop... you’re just having a hard time pulling the trigger to dump everything else in. You’ve stated your end goal is to get the rest of the cash and old stock positions alloc...
by DosCommas
Mon Feb 11, 2019 10:20 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 397145

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

For my taxable account (play money) I've narrowed my portfolio down to: 20% UPRO ProShares UltraPro S&P500 (TLH pair SPXL) 30% SSO ProShares Ultra S&P500 (TLH pair SPUU) 30% TMF Direxion Daily 20+ Yr Trsy Bull 3X ETF 20% UBT ProShares Ultra 20+ Year Treasury In theory this portfolio will allow for m...
by DosCommas
Sun Feb 10, 2019 11:29 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 397145

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

It looks to me like holding this in taxable could present some fabulous tax loss harvesting opportunities due to the volatility. UPRO and SPXL have no overlapping holdings so could be pair funds. Any suggestions for TMF? TYD perhaps, but that tracks 7-10 year treasuries instead... I’m very hesitant...
by DosCommas
Sun Feb 10, 2019 10:48 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 397145

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

It looks to me like holding this in taxable could present some fabulous tax loss harvesting opportunities due to the volatility. UPRO and SPXL have no overlapping holdings so could be pair funds. Any suggestions for TMF? TYD perhaps, but that tracks 7-10 year treasuries instead... I’m very hesitant ...
by DosCommas
Fri Feb 08, 2019 1:40 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 397145

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

Just how inefficient would this strategy be in a taxable account? What would one have to do to calculate if it would be worth doing based on a backtest? I am considering this might be an interesting use for play money but holding these funds in taxable and rebalancing them might offset the theoretic...
by DosCommas
Tue Jan 29, 2019 4:14 pm
Forum: Personal Investments
Topic: Portfolio feedback requested - mid-30s, 80/20, DFA factor tilt
Replies: 6
Views: 749

Re: Portfolio feedback requested - mid-30s, 80/20, DFA factor tilt

In other words, every bit of OP’s 401k tax deferred contributions should be invested in bond fund (VBITX). His stocks investing should take place in Roth and/or taxable. Thanks for the feedback. I currently have my REIT allocation in "her 401k" and am using Roth space to add emerging markets to rea...
by DosCommas
Mon Jan 28, 2019 2:27 am
Forum: Personal Investments
Topic: Portfolio feedback requested - mid-30s, 80/20, DFA factor tilt
Replies: 6
Views: 749

Portfolio feedback requested - mid-30s, 80/20, DFA factor tilt

Hi all - longtime lurker finally posting my portfolio for feedback. We recently had a windfall (sold RSUs) so our portfolio has recently changed from being mostly pre-tax to majority taxable. With the recent drop we tax loss harvested and now have gains in the pair funds. Goal of the allocation is 8...