Search found 29 matches

by RussellWilson
Mon Jul 20, 2020 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Pay credit card with Roth?
Replies: 12
Views: 756

Re: Pay credit card with Roth?

My mom has about $10k in credit card debt at 8% and is asking me whether she should use some of her Roth to pay it off. I *think* it doesn't matter because she plans to work for the foreseeable future so it's likely that every cent of capital or interest paid on the cc will be during a period with ...
by RussellWilson
Mon Jul 20, 2020 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Pay credit card with Roth?
Replies: 12
Views: 756

Re: Pay credit card with Roth?

By the numbers, it can make sense. But there are also behavioral considerations here. If she just keeps raiding the Roth IRA it will do serious damage to her retirement savings. How did your mom get into $10K of credit card debt? Does she have an emergency fund? How much does she have in the Roth I...
by RussellWilson
Mon Jul 20, 2020 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Pay credit card with Roth?
Replies: 12
Views: 756

Re: Pay credit card with Roth?

My mom has about $10k in credit card debt at 8% and is asking me whether she should use some of her Roth to pay it off. I *think* it doesn't matter because she plans to work for the foreseeable future so it's likely that every cent of capital or interest paid on the cc will be during a period with ...
by RussellWilson
Mon Jul 20, 2020 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Pay credit card with Roth?
Replies: 12
Views: 756

Pay credit card with Roth?

My mom has about $10k in credit card debt at 8% and is asking me whether she should use some of her Roth to pay it off. I *think* it doesn't matter because she plans to work for the foreseeable future so it's likely that every cent of capital or interest paid on the cc will be during a period with w...
by RussellWilson
Sat Jul 11, 2020 7:57 pm
Forum: Investing - Theory, News & General
Topic: I tilt toward small. But why would tilting toward value likely persistently outperform total stock market?
Replies: 57
Views: 3772

Re: I tilt toward small. But why would tilting toward value likely persistently outperform total stock market?

Value I think is also a risk explanation. A company trades cheaply relative to its fundamentals because there is something wrong with it.
by RussellWilson
Sat Jun 27, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Past "job offer" with training cost, should I be concerned?
Replies: 4
Views: 583

Re: Past "job offer" with training cost, should I be concerned?

My advice would be if they wanted to enforce it... they would have done so right away... I am sure they had lots of folks drop/quit... And even if they came looking now, I would imagine the statue of limitations on any debt collection has long expired. Check California's statutes of limitation for ...
by RussellWilson
Sat Jun 27, 2020 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Past "job offer" with training cost, should I be concerned?
Replies: 4
Views: 583

Re: Past "job offer" with training cost, should I be concerned?

drk wrote: Sat Jun 27, 2020 1:34 pm Is this just a hypothetical fear, or have you seen a ding on your credit report? If the former, you can put the fear to rest.
Nothing on credit report, all hypothetical, thanks.
by RussellWilson
Sat Jun 27, 2020 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Past "job offer" with training cost, should I be concerned?
Replies: 4
Views: 583

Past "job offer" with training cost, should I be concerned?

This is a weird one and I'll try to keep it brief and hopefully it might have *some* general applicability if someone encounters something similar. Many years ago I signed on to a "job" in insurance sales. I signed a contract, which included agreeing to be provided free access to an online training ...
by RussellWilson
Wed Jun 17, 2020 12:28 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229435

Re: Small Cap Value heads Rejoice !!!

I had a thought about "capitulation" and behavioral issues regarding tilting to factors. Doesn't the idea that one is harmed by not sticking to a strategy, of buying when something goes up, selling when it does poorly, isn't this idea in conflict with the market being efficient? I don't think it's t...
by RussellWilson
Tue May 19, 2020 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: investmenting books
Replies: 28
Views: 1702

Re: investmenting books

This seems like a scenario where Jack Bogle's "Little Book of Common Sense Investing" applies pretty well.
by RussellWilson
Sat May 16, 2020 5:33 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229435

Re: Small Cap Value heads Rejoice !!!

This is just for fun as I doubt anyone would actually go all in on SCV, but Ben Felix recently mentioned that using 4% withdrawals in 30 year periods going back to 1926, 70% US SCV with 30% 5 year treasuries had no failures. It also has a thrilling max drawdown of 77%. This was an aside in a discus...
by RussellWilson
Sat May 16, 2020 11:49 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229435

Re: Small Cap Value heads Rejoice !!!

This is just for fun as I doubt anyone would actually go all in on SCV, but Ben Felix recently mentioned that using 4% withdrawals in 30 year periods going back to 1926, 70% US SCV with 30% 5 year treasuries had no failures. It also has a thrilling max drawdown of 77%. This was an aside in a discuss...
by RussellWilson
Wed Apr 29, 2020 3:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9391
Views: 751107

Re: U.S. stocks continue to soar!

I noticed that today the yield curve is actually completely non-inverted for the first time in many months. 1M 0.08 2M 0.09 3M 0.11 6M 0.13 1Y 0.16 2Y 0.20 3Y 0.26 5Y 0.37 7Y 0.52 10Y 0.62 20Y 1.00 30Y 1.20 Who would have ever thought that we would have a “non invested” yield curve with the 30 year...
by RussellWilson
Sun Apr 26, 2020 4:16 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229435

Re: Small Cap Value heads Rejoice !!!

Thank you Uncorrelated, I'll read that.
by RussellWilson
Sun Apr 26, 2020 2:12 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229435

Re: Small Cap Value heads Rejoice !!!

Sorry if this has been asked before/frequently, I've read a lot of this thread and others... Is there a compelling reason to view the attributes of a fund on its own as opposed to in the context of the portfolio? For example VBR by itself is bigger and less value-y, but is there a meaningful differe...
by RussellWilson
Sat Apr 25, 2020 6:28 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229435

Re: Small Cap Value heads Rejoice !!!

Thanks nedsaid, I've looked into the Avantis funds and they look intriguing, I think the PE ratio on AVUV (domestic) is ~7 right now. It was their international fund (AVDV) that actually made me consider international at all.
by RussellWilson
Sat Apr 25, 2020 6:02 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229435

Re: Small Cap Value heads Rejoice !!!

I'm debating whether to select one domestic scv fund and call it a day, or try to catch some diversification benefit from ETFs that track different indexes. Is it more important to diversify within SCV as it's already a smaller and more volatile part of the market? Extending that idea, is it worth p...
by RussellWilson
Wed Mar 18, 2020 12:31 pm
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 89
Views: 11017

Re: Time to buy Boeing?

I know next to nothing about this company, am not planning on buying...but...don't airplanes have to come from somewhere? Isn't there only one other manufacturer in the world? I guess maybe in a month we'll read about Blue Origin purchasing Boeing or something like that.
by RussellWilson
Wed Mar 18, 2020 12:03 pm
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 89
Views: 11017

Re: Time to buy Boeing?

bump :D
by RussellWilson
Mon Mar 09, 2020 9:41 am
Forum: Personal Investments
Topic: Market down over 6% today
Replies: 56
Views: 6061

Re: Market down over 6% today

MotoTrojan wrote: Mon Mar 09, 2020 9:28 am
effigy98 wrote: Mon Mar 09, 2020 9:14 am ummm, I had 70% of portfolio in VGSH and woke up to my check the portfolio routine. This is crazy.
0.36% gain?
Seems that brokerages updated people's balances with the illusory 22% gain for several minutes as it was frozen.
by RussellWilson
Mon Mar 09, 2020 9:13 am
Forum: Personal Investments
Topic: Market down over 6% today
Replies: 56
Views: 6061

Re: Market down over 6% today

What does it mean when VGSH (1-5 year treasuries) supposedly jumps 22% and then freezes in place? Do they halt trading of individual securities due to weirdness even if the market overall is moving? You sure the overall market wasn’t halted too? EDIT: Seems it halted after the S&P500 Level 1 ended....
by RussellWilson
Mon Mar 09, 2020 9:10 am
Forum: Personal Investments
Topic: Market down over 6% today
Replies: 56
Views: 6061

Re: Market down over 6% today

What does it mean when VGSH (1-5 year treasuries) supposedly jumps 22% and then freezes in place? Do they halt trading of individual securities due to weirdness even if the market overall is moving?
by RussellWilson
Fri Mar 06, 2020 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7531
Views: 516582

Re: Refinance Mega Thread

My mom is about to execute a cash out refinance at a rate negotiated before the market started to fall so presumably before lending markets priced in rate cuts (is that sound logic?) but she's being told that despite benchmark rates falling 6x the penalty for renegotiating (0.125%) that it's not wor...
by RussellWilson
Fri Mar 06, 2020 4:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20319
Views: 2778141

Re: U.S. stocks in free fall

lostdog wrote: Fri Mar 06, 2020 3:55 pm
Lee_WSP wrote: Fri Mar 06, 2020 3:49 pm
Stinky wrote: Fri Mar 06, 2020 2:27 pm I predict a melt down at the close today.

I hope I’m wrong.
Nope, a melt up. :beer
Big melt up and still going. What changed?
An Elon Musk tweet maybe.

https://twitter.com/elonmusk/status/123 ... 98528?s=19
by RussellWilson
Tue Feb 04, 2020 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Am I already out of luck? (Career advice)
Replies: 26
Views: 4140

Re: Am I already out of luck? (Career advice)

Thank you to everyone for the thoughtful replies. This has and hopefully will continue to help me have a more positive outlook. I think I tend to obsess over negatives and this can distort my view of the overall situation. I will strive to optimize everything I can control and stay positive. I'm mor...
by RussellWilson
Sat Feb 01, 2020 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Am I already out of luck? (Career advice)
Replies: 26
Views: 4140

Am I already out of luck? (Career advice)

Hi all, I hope this is relevant enough to Boglehead issues. I love all the thoughtful advice people give on this forum. I'm in kind of a tough spot, thinking about my future. I got a BA and MA in different humanities fields. I then proceeded to not really do anything with the degrees for a few years...
by RussellWilson
Thu Jan 23, 2020 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Whether to use HELOC for home improvements
Replies: 3
Views: 468

Re: Whether to use HELOC for home improvements

She also has the option of refinancing at 3.85 vs 4.375 original... I plugged the amounts into a loan payoff calculator... the new principal would be $22k higher to pay for the improvements... According to the calculator the amount of interest paid on the new amount over 30 years is only $3k higher....
by RussellWilson
Tue Jan 14, 2020 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Whether to use HELOC for home improvements
Replies: 3
Views: 468

Whether to use HELOC for home improvements

Hello all, my mom needs to decide whether to use her IRA or a home equity line of credit for home improvements. Whether doing the improvements is a good idea isn't relevant, as she's determined to do it. Her loan choices include interest rates of 6 or 7.1% depending on details I'm not sure about and...
by RussellWilson
Fri Oct 18, 2019 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Concerning ACA income cliff and home sale
Replies: 1
Views: 362

Concerning ACA income cliff and home sale

My mom needs to stay below the ACA cliff to avoid a ~$10k hit. Her 2019 income sources are $11k withdrawal from pre tax IRA $6k from Roth (pretty sure it doesn't count but including to be sure) $18k in social security $10k in wages. Everything seemed fine until we remembered that she sold her house ...