Search found 707 matches

by HawkeyePierce
Sun Nov 17, 2019 12:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard ETF EDV
Replies: 24
Views: 1580

Re: Vanguard ETF EDV

A 30 year bond with a 3% coupon selling at par has a duration of "only" around 20 (this is because the coupons reduce the average timing of the cash flows). This fund is designed to extend the duration beyond what is possible with regular treasuries by using treasury STRIPS where they sell off the ...
by HawkeyePierce
Wed Nov 13, 2019 1:35 pm
Forum: Investing - Theory, News & General
Topic: Best Book for 20-something starting a career
Replies: 11
Views: 1062

Re: Best Book for 20-something starting a career

Start with Bill Bernstein's "If You Can" booklet, free here:

https://www.etf.com/docs/IfYouCan.pdf

Each section concludes with a recommended book. Work your way through those and you'll be well on your way to a successful investing life.
by HawkeyePierce
Wed Nov 13, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Online MBA - Worth It?
Replies: 30
Views: 2111

Re: Online MBA - Worth It?

IMO, an MBA is only worth the price these days if you go to a top program with the understanding that you're paying for access to a network. If you're just looking for the knowledge, remember back to Good Will Hunting. Pick up Josh Kaufman's "The Personal MBA" and read through both it and its recomm...
by HawkeyePierce
Tue Nov 12, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 241
Views: 29178

Re: You get hacked, lost a lot of money. What can you do?

How do you defend from 2 FA (cell phone) hack? Seem like this scam is pretty common since the equifax social security hack. The best defense: for all financial and otherwise highly sensitive accounts, use a completely separate Gmail email account and Google Voice phone number, both created using th...
by HawkeyePierce
Tue Nov 12, 2019 10:32 am
Forum: Personal Consumer Issues
Topic: Mobile finance apps - do you use them?
Replies: 22
Views: 1061

Re: Mobile finance apps - do you use them?

I have apps on my phone for Capital One, Merrill Lynch and Vanguard. It is a very easy way to see balances and activity on the go, but lately I am wondering if this is really safe to do... If you have mobile finance apps on your phone do you limit where you check them? i.e. only from a wifi connect...
by HawkeyePierce
Tue Nov 12, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Mobile finance apps - do you use them?
Replies: 22
Views: 1061

Re: Mobile finance apps - do you use them?

Let's see... You Need A Budget Schwab Chase Apple Wallet/Apple Pay Cap One Square Cash Citi Amex Credit Karma Barclays Coinbase TD Ameritrade Transferwise ADP Venmo Vanguard First Tech Credit Union BBVA Bill.com Ally M1 Finance Bank of America YNAB, Schwab, Square Cash and Transferwise see the most ...
by HawkeyePierce
Tue Nov 12, 2019 9:06 am
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 241
Views: 29178

Re: Man’s life savings stolen from hijacked cellphone number

Just by the way, I hope everyone has set up a telephone password as an extra authentication step for conversations with Vanguard. What are the best practices for securing Vanguard accounts? I feel like Vanguard's krappy 2FA using a text message code is really, really bad. I don’t use 2FA at Vanguar...
by HawkeyePierce
Mon Nov 11, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Job negotiation 101?
Replies: 14
Views: 967

Re: Job negotiation 101?

What would you be doing at the university as IT support staff that would fit your statement "...Seems there is a lot of opportunity to work on exciting stuff..."? I'm not in IT, so I don't know what this would involve. The area is supercomputing which is kind of a jack of all trades for all things ...
by HawkeyePierce
Mon Nov 11, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Job negotiation 101?
Replies: 14
Views: 967

Re: Job negotiation 101?

In my experience "exciting stuff" and "higher ed IT" really don't go together unless you just love getting yelled at by technically inept faculty who can't remember their password.
by HawkeyePierce
Sat Nov 09, 2019 11:36 am
Forum: Personal Investments
Topic: Vanguard asking for personal financial information
Replies: 16
Views: 1616

Re: Vanguard asking for personal financial information

For those of you who have work experience at financial institutions, is there ever followup with customers regarding the information supplied (assuming no suspicious activity is being investigated)? Amex has been known to require access to your tax forms directly from the IRS via form 4506T in orde...
by HawkeyePierce
Fri Nov 08, 2019 2:53 pm
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 61
Views: 4703

Re: How bad is business travel?

10% is only a couple weeks a year, how bad could it be?

Of course, this assumes they really mean 10%.
by HawkeyePierce
Wed Oct 30, 2019 12:51 pm
Forum: Personal Consumer Issues
Topic: Mattress Run: Was it stupid?
Replies: 90
Views: 15004

Re: Mattress Run: Was it stupid?

Mattress running for status doesn’t make sense. Occasionally it can work with promos. I was once targeted by Intercontinental with a promo where three nights in any of their properties would get me two free nights at any of their hotels worldwide. I already had a two-night stay booked so one night i...
by HawkeyePierce
Mon Oct 28, 2019 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: AMEX Platinum Card - Review?
Replies: 47
Views: 2818

Re: AMEX Platinum Card - Review?

I've gotten good value out of Amex's Fine Hotels and Resorts program. Early checkin/late checkout, free breakfast, $100 credit. It's great in Vegas as it usually includes VIP check-in and is close to the same rate as booking directly with the hotel.
by HawkeyePierce
Mon Oct 28, 2019 4:50 pm
Forum: Personal Consumer Issues
Topic: Travel hacking international flights
Replies: 50
Views: 5008

Re: Travel hacking international flights

It would be interesting if the airlines read the various forums and did "reverse hacking"... say you booked the Atlanta to Berlin through Frankfort (with Frankfort being your desired destination) and the airlines seeing the trend and rebooking you through, say Madrid, and when you call up they say ...
by HawkeyePierce
Mon Oct 28, 2019 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Hotel "incidentals" credit card precharge?
Replies: 24
Views: 1703

Re: Hotel "incidentals" credit card precharge?

Yes, I got a $100 charge for incidentals when checking into a Hampton Inn a couple months ago. It was an actual charge that appeared as "pending" on my account for several days until it disappeared. I figured it's a way for Hilton to float some money at my expense. Pretty annoying. If it was pendin...
by HawkeyePierce
Sun Oct 27, 2019 10:34 pm
Forum: Personal Consumer Issues
Topic: Travel hacking international flights
Replies: 50
Views: 5008

Re: Travel hacking international flights

OP is flying with multiple people on a fixed route flown by one airline. You're pretty much at the mercy of Lufthansa in this case, especially if you have fixed dates. Credit card strategies and deal sites are not a reliable route for the OP. OP might get lucky but also might have to suck it up and ...
by HawkeyePierce
Sun Oct 27, 2019 9:26 pm
Forum: Investing - Theory, News & General
Topic: ETFs / Investment strategies for 5G
Replies: 10
Views: 638

Re: ETFs / Investment strategies for 5G

1) 5G is hilariously overhyped.

2) Yes, the marginal improvements it will bring are priced in.
by HawkeyePierce
Sat Oct 26, 2019 4:19 pm
Forum: Investing - Theory, News & General
Topic: ETF Education vs Marketing from Vanguard
Replies: 14
Views: 948

Re: ETF Education vs Marketing from Vanguard

I truly do not understand why this board gets so hung up on Vanguard's marketing emails. :confused
by HawkeyePierce
Mon Oct 21, 2019 10:45 pm
Forum: Investing - Theory, News & General
Topic: Hidden liquidity risk with I-bonds
Replies: 43
Views: 4289

Re: Hidden liquidity risk with I-bonds

This is why I think of I-bonds as inflation-linked CD’s rather than bonds.
by HawkeyePierce
Mon Oct 21, 2019 1:57 am
Forum: Personal Finance (Not Investing)
Topic: Can you claim financial independence with kids still in school
Replies: 80
Views: 6069

Re: Can you claim financial independence with kids still in school

My parents let me live at home for six months after college to juice my savings. I had joined a consulting company and was off at the client during the week anyways so I was barely there. After that, I was out. They made it clear that if I’m on the verge of homelessness I can move back in, otherwise...
by HawkeyePierce
Sun Oct 20, 2019 2:04 am
Forum: Personal Finance (Not Investing)
Topic: Taking a short career break in silicon valley
Replies: 13
Views: 3176

Re: Taking a short career break in silicon valley

FWIW, I started by getting my manager and director onboard with my sabbatical before approaching HR. I thought it’d be harder for HR to give me a blanket no if I already had informal approval my management chain. Since we don’t have a formal sabbatical/extended break policy HR told me they’d submit ...
by HawkeyePierce
Fri Oct 18, 2019 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a short career break in silicon valley
Replies: 13
Views: 3176

Re: Taking a short career break in silicon valley

I’m at the tail end of a five month unpaid leave from a Silicon Valley company. We also don’t have a formal sabbatical policy but I’ve been here a while and am a valued engineer. Getting my request approved was remarkably easy. To my surprise my stock continued vesting even though salary and benefit...
by HawkeyePierce
Wed Oct 16, 2019 12:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard now supports Yubikey 5 and 5C
Replies: 54
Views: 9361

Re: Vanguard now supports Yubikey 5 and 5C

I don't know why Vanguard even bothers to update a whitelist of security keys instead of just supporting anything plugged in that uses the protocol. Even the crappiest security key is ten times more secure than SMS. It's not a whitelist of security keys, it's a whitelist of browsers. Firefox suppor...
by HawkeyePierce
Wed Oct 16, 2019 12:25 am
Forum: Investing - Theory, News & General
Topic: Vanguard now supports Yubikey 5 and 5C
Replies: 54
Views: 9361

Re: Vanguard now supports Yubikey 5 and 5C

Appears to be a known issue affecting more than just Vanguard: https://support.yubico.com/support/solutions/articles/15000027197-yubikey-5ci-u2f-chrome-based-browsers-registration Unfortunately Vanguard also doesn't bother checking for a Yubikey with Firefox and goes straight to SMS, so the workarou...
by HawkeyePierce
Wed Oct 16, 2019 12:08 am
Forum: Personal Investments
Topic: GOVT vs BND [iShares US Treasury vs. Vanguard Total Bond Market]
Replies: 3
Views: 571

Re: GOVT vs BND

I would pick an intermediate-term Treasury ETF over GOVT given the fee. iShares' Treasury ETFs all have slightly high fees IMO—most are around the 0.15% mark when their competitors (Schwab, Vanguard and State Street) are usually less than half that. Vanguard's VGIT doesn't go quite as far out in dur...
by HawkeyePierce
Tue Oct 15, 2019 8:38 pm
Forum: Personal Investments
Topic: Portfolio change after reading news article
Replies: 6
Views: 1491

Re: Portfolio change after reading news article

VSMGX would simplify your portfolio and lower your fees, so if you want to make that change, I think it's fine. If you haven't written an IPS, do so. "My portfolio will be entirely invested in VSMGX except for two years' expenses in cash" If that's a portfolio you won't tinker with, it's the best po...
by HawkeyePierce
Tue Oct 15, 2019 4:33 am
Forum: Personal Consumer Issues
Topic: Help me find some high quality cargo pants.
Replies: 63
Views: 5465

Re: Help me find some high quality cargo pants.

I like Prana cargo pants. I've gone on 100+ mile bike trips in their Zion pants and numerous hikes.
by HawkeyePierce
Tue Oct 15, 2019 4:15 am
Forum: Personal Finance (Not Investing)
Topic: Collecting Payments through ACH from Customers.
Replies: 8
Views: 753

Re: Collecting Payments through ACH from Customers.

There's not enough information here to be helpful. Is this an online small business or are you looking for point-of-sale or do you bill customers by invoice? Stripe is a great platform but assumes OP has software engineer capabilities. Note that ACH still takes multiple days to process. If you're lo...
by HawkeyePierce
Thu Oct 10, 2019 2:49 am
Forum: Investing - Theory, News & General
Topic: Do You Think Vanguard Will Join The No Commission Party?
Replies: 40
Views: 4803

Re: Do You Think Vanguard Will Join The No Commission Party?

The vast majority of ETFs are already commission-free at Vanguard and I can't imagine anyone heavily into individual stocks, options or futures would ever trade them at Vanguard anyways. So my guess is no. They're already commission-free for the types of securities the typical Vanguard customer want...
by HawkeyePierce
Wed Oct 09, 2019 6:11 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1497
Views: 107563

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

get_g0ing wrote:
Wed Oct 09, 2019 5:34 pm
Question for those doing this in taxable:

Did you analyze/compare NTSX vs UPRO/TMF, in terms of which would be better in taxable?

Thanks.
Aside from the fact both use leverage, NTSX and UPRO/TMF have extremely little in common. They shouldn't be conflated with each other.
by HawkeyePierce
Wed Oct 09, 2019 4:35 pm
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 3233

Re: What should I do about employer / industry risk in tech?

I'm in a similar boat (high comp tech) and I've been strongly considering something along the lines of HF's portfolio. 30% NTSX (90/60 S&P500/Treasury ladder) 10% US small cap value 10% utilities 10% ex-US small cap (or possibly ISCF, ex-US small cap multifactor) 10% Emerging markets stock 10% Emerg...
by HawkeyePierce
Wed Oct 09, 2019 3:48 pm
Forum: Personal Consumer Issues
Topic: Office Startpage for Web Browser
Replies: 11
Views: 932

Re: Office Startpage for Web Browser

BBC gets my vote as well.
by HawkeyePierce
Sun Oct 06, 2019 3:20 am
Forum: Personal Investments
Topic: Reality check
Replies: 21
Views: 2909

Re: Reality check

There's a major behavioral risk here that hasn't been considered: the desire to tinker. Say you spend three years learning about investment while you pay various advisors. Then what? Will you be able to stop there or will you keep tinkering with your portfolio? I think a target date or LifeStrategy ...
by HawkeyePierce
Sun Oct 06, 2019 3:07 am
Forum: Personal Investments
Topic: All in on VT?
Replies: 30
Views: 4735

Re: All in on VT?

There's $16 billion in VT/VTWAX. I would have zero qualms putting hundreds of thousands or millions of dollars into that fund.
by HawkeyePierce
Sat Oct 05, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to transfer NZ dollars to US bank.
Replies: 18
Views: 1165

Re: Best way to transfer NZ dollars to US bank.

BNZ sends NZD over to TransferWise. That's why TransferWise gives you a New Zealand account number. You don't send money from BNZ to your US TransferWise account number. It's just a normal NZ bank transfer from BNZ's perspective. (BNZ acts as TransferWise's correspondent bank in New Zealand, so tech...
by HawkeyePierce
Sat Oct 05, 2019 5:11 pm
Forum: Personal Consumer Issues
Topic: 2 Factor Authorization failures
Replies: 22
Views: 2035

Re: 2 Factor Authorization failures

nice reminder for when traveling overseas to turn off 2FA if you need to access an account. I probably would have forgotten.. This is bad advice. Not only are you likely to trigger fraud detection and get locked out of your account by both removing protections and then accessing the account from an...
by HawkeyePierce
Sat Oct 05, 2019 2:51 am
Forum: Investing - Theory, News & General
Topic: If you use Vanguard (Brokerage), why do you stay?
Replies: 58
Views: 6710

Re: If you use Vanguard (Brokerage), why do you stay?

Inertia? It works and I've never had any trouble that wasn't fixed in a reasonable amount of time. If it ain't broke don't fix it.
by HawkeyePierce
Fri Oct 04, 2019 3:21 pm
Forum: Personal Consumer Issues
Topic: Recommendation for Carry on Luggage
Replies: 64
Views: 4361

Re: Recommendation for Carry on Luggage

I have been looking at the Aeronaut 30L. What do you think of the new Synik 30 as an alternative? https://www.tombihn.com/collections/backpacks/products/synik-30?variant=15334842400831 I would be interested to hear more about your experiences traveling with the Aeronaut and the Packing Cube Backpac...
by HawkeyePierce
Fri Oct 04, 2019 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24912

Re: IT compensation comparison

200k software engineers or total employees? If you trust Labor Department, 600k total SE in US, and making under $100k average https://en.wikipedia.org/wiki/Software_engineering_demographics You can make educated guesses. Google has $50k employees and only $20k SE, out of that 90% at google for ins...
by HawkeyePierce
Fri Oct 04, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24912

Re: IT compensation comparison

In FAANGs, do software engineers get paid more than people who are couple of level up Or Those people couple of levels up (not codes, just people managers/project /product) managers/directors etc , get paid even higher? If the later is true, those categories should be pulling in $1M+ a year, which ...
by HawkeyePierce
Fri Oct 04, 2019 5:31 am
Forum: Personal Finance (Not Investing)
Topic: Willingly going from lucrative job to unemployed?
Replies: 132
Views: 14108

Re: Willingly going from lucrative job to unemployed?

I'm 4 months through a 5 month unpaid leave/sabbatical from a big tech company, making about the same amount as you. I needed a break for mental health reasons (my job wasn't stressful, just some other stuff). I highly recommend the sabbatical approach. Even if you decide not to go back, it gives yo...
by HawkeyePierce
Fri Oct 04, 2019 1:22 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24912

Re: IT compensation comparison

All this discussion is interesting but moot. What would really matter is knowing the distribution of compensations. Are level.fyi bios towards lower/higher paid? What percentage represents all the FAANG employees? For the 2 top companies with which I have direct experience, the levels.fyi numbers a...
by HawkeyePierce
Thu Oct 03, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Bank canceling credit cards??
Replies: 29
Views: 4775

Re: Chase Bank canceling credit cards??

afan wrote:
Thu Oct 03, 2019 5:01 pm
Worth the effort to call and check. Banks have been known to make mistakes in their records.
There's no point in calling Chase over a shutdown.
by HawkeyePierce
Thu Oct 03, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Bank canceling credit cards??
Replies: 29
Views: 4775

Re: Chase Bank canceling credit cards??

Here's a long long thread of shutdown experiences with Chase over at FlyerTalk: https://www.flyertalk.com/forum/chase-ultimate-rewards/1526572-chase-closed-my-credit-card-account-s-archived-2013-mid-2019-a.html Most of these are due to abusing points but there's also some discussion of shutdowns ove...
by HawkeyePierce
Thu Oct 03, 2019 4:00 pm
Forum: Personal Investments
Topic: HEDGEFUNDIE's portfolio: How to create it?
Replies: 39
Views: 2471

Re: HEDGEFUNDIE's portfolio: How to create it?

Vanguard no longer allows trades in leveraged ETFs on their platform, so the Excellent Adventure portfolio can't be held there.

https://investor.vanguard.com/investing ... se-etf-etn
by HawkeyePierce
Thu Oct 03, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 140
Views: 9548

Re: Car price ratio to NW

If anyone wants an eye-opener on how badly car debt affects people, just peruse the car loan threads on /r/personalfinance over on Reddit. Not uncommon to see people who have 30+% of their monthly cash flow going towards their car. :shock:
by HawkeyePierce
Wed Oct 02, 2019 11:38 pm
Forum: Investing - Theory, News & General
Topic: What do you think about $0 commission free trade
Replies: 30
Views: 2226

Re: What do you think about $0 commission free trade

Doesn't change anything for me. My core portfolio is still made up of Vanguard funds held at Vanguard where I pay no commissions anyways. I imagine this is the case for the vast majority of Bogleheads (or they're holding Fidelity funds at Fidelity, Schwab funds at Schwab, etc). I suppose I could swi...
by HawkeyePierce
Wed Oct 02, 2019 3:13 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1497
Views: 107563

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

Anyone else using NTSX? So, I'm highly considering using this fund. My current strategy is 85/15 Equity/Bonds split. 50/50 US/Intl for equity split. And tilt as hard to SCV(or multifactor as possible given 401k/403b constraints). I also have a very small portion in the hedgefundie (EDV/UPRO now) at...
by HawkeyePierce
Wed Oct 02, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: Recommendation for Carry on Luggage
Replies: 64
Views: 4361

Re: Recommendation for Carry on Luggage

Red Oxx. If you're willing to forgo wheels, nothing beats these (except maybe Tom Binh). I have both an Air Boss and a Mini Boss. The Air Boss is a full-size (American) carry-on, the Mini Boss is personal item-size. Absolutely solid construction. Cordura exteriors, double-stitched nylon seams, overs...