Search found 164 matches

by CardioMD
Thu Sep 10, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: Why does everyone think the market is over-inflated?
Replies: 112
Views: 8429

Re: Why does everyone think the market is over-inflated?

Maybe they have short positions on the market and desperate to cover?
by CardioMD
Thu Sep 10, 2020 7:17 am
Forum: Personal Investments
Topic: What to do, if anything, about a single stock (XOM)
Replies: 15
Views: 1497

Re: What to do, if anything, about a single stock (XOM)

I cannot think of one.

Maybe take the dividends each quarter (while they last) and blow it on lottery tickets in the hopes of XOM finally paying off? That’s a joke of course :)
by CardioMD
Wed Sep 09, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: Buying covid hit stocks
Replies: 30
Views: 1855

Re: Buying covid hit stocks

I could be 100% wrong. SP500 has recovered already, so I am looking depressed stocks that have future growth from the current covid effect. In the future, when ever it is, these industries will return to normal from their current stigma as covid19 blows over. Or its already priced in, I really dont...
by CardioMD
Mon Sep 07, 2020 6:42 pm
Forum: Personal Investments
Topic: Wife is "forcing" me to buy stock(s)
Replies: 112
Views: 9138

Re: Wife is "forcing" me to buy stock(s)

Instead of buying a high flying (possibly over-priced) tech stock, put a few bucks into a dud that's had a hard year. Maybe ExxonMobil or something like that, then hope for a rebound. :wink: I have no idea if this will work, since I don't buy individual stocks. Regards, You forgot the part about op...
by CardioMD
Mon Sep 07, 2020 5:53 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with FOMO? [Fear Of Missing Out]
Replies: 97
Views: 7983

Re: How do Bogleheads cope with FOMO?

2) I own the S&P 500 so the only thing I’ve “missed out on” is Tesla. I promise I won’t feel like I’ve “missed out” for long. I’ve seen this movie before. Outperforming international stocks do exist. For example, from Jan 1996 - Aug 2020, ASML (a Dutch company), had a CAGR of 23.38% vs 9.25% fo...
by CardioMD
Mon Sep 07, 2020 4:57 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with FOMO? [Fear Of Missing Out]
Replies: 97
Views: 7983

Re: How do Bogleheads cope with FOMO?

1) I fear nothing

2) I own the S&P 500 so the only thing I’ve “missed out on” is Tesla. I promise I won’t feel like I’ve “missed out” for long. I’ve seen this movie before.
by CardioMD
Mon Sep 07, 2020 3:13 pm
Forum: Personal Investments
Topic: I am buying $2000 VFIAX everyday. Am I in trouble
Replies: 36
Views: 5842

Re: I am buying $2000 VFIAX everyday. Am I in trouble

Yesterday the OP was worried that a PC to run flight simulator would be too expensive. I didnt mean it like that. I was a market timer dumb guy and just investing my saved up cash DCA. 2k for computer is a different story. Its a depreciating asset. I agree. I’ll have no issue investing $10,000 in F...
by CardioMD
Fri Sep 04, 2020 6:58 am
Forum: Personal Investments
Topic: Does anyone know here Brent Osachoff and his impressive volatily strategy ?
Replies: 20
Views: 1427

Re: Does anyone know here Brent Osachoff and his impressive volatily strategy ?

I looked but was unable to locate independently audited trading records on that website. I’ll pass. Would’ve passed anyway.
by CardioMD
Mon Aug 31, 2020 11:22 pm
Forum: Personal Investments
Topic: What to do with monthly surplus?
Replies: 30
Views: 4469

Re: What to do with monthly surplus?

FXAIX
by CardioMD
Sun Aug 30, 2020 12:21 am
Forum: Personal Investments
Topic: Vanguard craziness RE: Apple
Replies: 31
Views: 4620

Re: Vanguard craziness RE: Apple

They (Vanguard, Schwab, Fido, etc.) have a process for this and everything will be settled by Monday morning before 0930. This is not their first rodeo but enjoy the little boost for the weekend :wink:
by CardioMD
Sat Aug 29, 2020 5:02 pm
Forum: Personal Investments
Topic: Financial Advisor (Morgan Stanley) wants to end relationship with ("fire") my grandfather
Replies: 62
Views: 6928

Re: Financial Advisor (Morgan Stanley) wants to end relationship with ("fire") my grandfather

Tread lightly here OP. NotWhoYouThink offered some great comments. It is one thing to do things with your money but it is quite another to insert yourself into a 30 year relationship, regardless of what you and we on this board might think about it. I hope you’re not damaging the relationship with y...
by CardioMD
Sat Aug 29, 2020 1:08 pm
Forum: Personal Investments
Topic: Accounts at different investing institutions to reduce institution risk?
Replies: 5
Views: 367

Re: Accounts at different investing institutions to reduce institution risk?

I don’t see this as an issue. Were Vanguard to collapse your holdings would be safe via SIPC insurance.
by CardioMD
Fri Aug 28, 2020 7:19 am
Forum: Personal Investments
Topic: Introduction of Active ETFs at TRowe
Replies: 14
Views: 1100

Re: Introduction of Active ETFs at TRowe

nedsaid wrote: "with ETFs the investment companies don't have to hire accountants to calculate Net Asset Value at the end of the day." I'm confused. Can you explain? If Vanguard or T Rowe Price or American Century ... etc. doesn't hire accountants to figure out the end-of-day NAV, then wh...
by CardioMD
Thu Aug 27, 2020 11:08 pm
Forum: Personal Investments
Topic: Poor performing portfolio
Replies: 71
Views: 7348

Re: Poor performing portfolio

I personally don’t see the point of holding anything other than the S&P 500. VOO (I choose FXAIX) is already a low-cost, well-diversified fund with large companies that do business throughout the world. The key, in my humble opinion, is to grow wealth in order to sustain a comfortable retirement...
by CardioMD
Wed Aug 26, 2020 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Cancelling upcoming trip
Replies: 44
Views: 5517

Re: Cancelling upcoming trip

This is one reason why I never book hotels with no cancellation policy. Also, I always go through the hotel/airline and don’t mess with third party services. We have a trip to Europe coming up in November.
by CardioMD
Tue Aug 25, 2020 3:49 pm
Forum: Investing - Theory, News & General
Topic: "Why Young Investors Shouldn't Dabble in Stocks"
Replies: 43
Views: 4366

Re: "Why Young Investors Shouldn't Dabble in Stocks"

I take the opposite approach. I think young investors should dabble in individual stocks. Better to lose a little while you’re young than a lot when you’re older. Dabbling in individual stocks is what drove me to Jack Bogle and low-cost, well-diversified index funds. Teaching a 25yo about index inve...
by CardioMD
Tue Aug 25, 2020 11:04 am
Forum: Personal Investments
Topic: [Tesla - good buy after stock split?]
Replies: 34
Views: 3420

Re: Tesla

Depends on your definition of good.
by CardioMD
Tue Aug 25, 2020 5:33 am
Forum: Personal Consumer Issues
Topic: What is your base charge for electric? I have an $42 electric access fee.
Replies: 52
Views: 2705

Re: What is your base charge for electric? I have an $42 electric access fee.

Great question. Not listed on our bill. Maybe it’s hidden? Peaking my interest so I’m going to call and ask. On my bill, it's written as a "Distribution charge". You know it's the base charge, because it's applied monthly and not multiplied by how many kWh we consumed each month. (Mine is...
by CardioMD
Mon Aug 24, 2020 7:27 pm
Forum: Investing - Theory, News & General
Topic: A Plea for Ordinary English
Replies: 128
Views: 10226

Re: A Plea for Ordinary English

Buy.

That’s about as complicated as I get when it comes to investing.
by CardioMD
Mon Aug 24, 2020 6:00 pm
Forum: Personal Investments
Topic: Which sites to use for financial news and watchlist tracking
Replies: 28
Views: 1877

Re: Which sites to use for financial news and watchlist tracking

I read the WSJ and if I happen to see something about the markets then I guess that qualifies. Other than that, just what I happen to see at Fidelity. I do not go searching for any market related news.
by CardioMD
Mon Aug 24, 2020 2:56 pm
Forum: Personal Consumer Issues
Topic: What is your base charge for electric? I have an $42 electric access fee.
Replies: 52
Views: 2705

Re: What is your base charge for electric? I have an $42 electric access fee.

Great question. Not listed on our bill. Maybe it’s hidden? Peaking my interest so I’m going to call and ask.
by CardioMD
Fri Aug 21, 2020 7:24 am
Forum: Investing - Theory, News & General
Topic: Vanguard: Fair Value for US equities
Replies: 17
Views: 1658

Re: Vanguard: Fair Value for US equities

000 wrote: Thu Aug 20, 2020 10:17 pm Has Vanguard ever said now is a bad time to invest in stocks?
If you have a long time horizon, is there ever a bad time to invest in stocks?
by CardioMD
Thu Aug 20, 2020 9:25 am
Forum: Personal Investments
Topic: This is why DIY is the way to go
Replies: 11
Views: 2038

Re: This is why DIY is the way to go

Preach.
by CardioMD
Thu Aug 20, 2020 6:25 am
Forum: Personal Investments
Topic: Locking in gains
Replies: 21
Views: 2876

Re: Locking in gains

I think many of these responses over-complicate the original question.

Your plan seems logical.
by CardioMD
Wed Aug 19, 2020 10:32 am
Forum: Personal Investments
Topic: Fisher vs Cetera [choosing a firm to work with]
Replies: 43
Views: 2843

Re: Fisher vs Cetera [choosing a firm to work with]

Why? Mostly DIY around here. Is there a reason you need wealth management?
by CardioMD
Wed Aug 19, 2020 9:41 am
Forum: Personal Investments
Topic: Fidelity fees to “VTSAX and chill”?
Replies: 23
Views: 2767

Re: Fidelity fees to “VTSAX and chill”?

I “FXAIX and chill” :thumbsup I'm there with you. I still have some taxable money at Vanguard in VFIAX (Vanguard's 500 fund), and a new employer's 401k which I have in VINIX (Vanguard's "Institutional" 500 fund)... but I'm in the process of funneling all my taxable mutual funds into my ta...
by CardioMD
Wed Aug 19, 2020 9:14 am
Forum: Personal Investments
Topic: Fidelity fees to “VTSAX and chill”?
Replies: 23
Views: 2767

Re: Fidelity fees to “VTSAX and chill”?

I “FXAIX and chill”
by CardioMD
Wed Aug 19, 2020 5:54 am
Forum: Personal Investments
Topic: Really dumb Question - what does saving x% mean?
Replies: 21
Views: 2100

Re: Really dumb Question - what does saving x% mean?

There are no “really dumb questions” here. Everyone is so nice and understanding :D
by CardioMD
Sun Aug 16, 2020 11:09 pm
Forum: Investing - Theory, News & General
Topic: Can you be a Boglehead and a financial/ investment advisor?
Replies: 16
Views: 1592

Re: Can you be a Boglehead and a financial/ investment advisor?

There are many financial advisors that advocate low-cost, index funds for their clients. This is not an either or thing. I’m pretty sure there are also a few honest lawyers as well :wink:
by CardioMD
Sat Aug 15, 2020 8:53 am
Forum: Personal Investments
Topic: Terrible experience with Ally bank- buyer beware
Replies: 146
Views: 10289

Re: Terrible experience with Ally bank- buyer beware

This really makes me appreciate USAA.
by CardioMD
Sat Aug 01, 2020 8:58 pm
Forum: Personal Investments
Topic: Is it possible to disable online access to Vanguard?
Replies: 53
Views: 3588

Re: Is it possible to disable online access to Vanguard?

I can’t imagine why anyone would do this. Unless you’re leaving your phone/iPad/computer open at a biker bar you really don’t have much to worry about. The ability to check your accounts in an instant will help you spot trouble. Even saving passwords to your keychain is pretty secure as someone has ...
by CardioMD
Sat Aug 01, 2020 8:49 pm
Forum: Investing - Theory, News & General
Topic: Morgan Stanley buying E*TRADE
Replies: 53
Views: 5232

Re: Morgan Stanley buying E*TRADE

Here’s hoping Morgan Stanley brings the ETrade platform in and leaves it as is. Unfortunately I just went through the whole CapitalOne to ETrade for what feels like 2 years ago. Maybe ETrade will offer a free pass to go elsewhere before it goes to MS. That option was available for the CapOne to ETr...
by CardioMD
Wed Jul 22, 2020 9:20 am
Forum: Investing - Theory, News & General
Topic: "University Endowment Sued for Underperforming the S&P 500"
Replies: 108
Views: 8170

Re: "University Endowment Sued for Underperforming the S&P 500"

I was under the impression most universities do not touch their endowment. If that’s the case why is a simple S&P 500 fund (plus whatever RE, etc.) considered silly? Seems rational to me.
by CardioMD
Mon Jul 20, 2020 9:00 pm
Forum: Investing - Theory, News & General
Topic: Are Alibaba stocks [BABA] legit?
Replies: 36
Views: 2291

Re: Are Alibaba stocks [BABA] legit?

I would not trust the paper a Chinese company’s financials are printed on.
by CardioMD
Fri Jul 17, 2020 6:59 pm
Forum: Personal Investments
Topic: AZN(AstraZeneca plc) Stock, asking for a friend
Replies: 20
Views: 1421

Re: AZN(AstraZeneca plc) Stock, asking for a friend

livesoft wrote: Fri Jul 17, 2020 5:24 pm
CardioMD wrote: Fri Jul 17, 2020 5:21 pm If his "friend" is an active trader that trades occasionally with unsettled cash that could be of some consequence and throw a wrench into his strategy.
Could be a "positive" consequence in that case. :)
I couldn't agree with that more.
by CardioMD
Fri Jul 17, 2020 5:21 pm
Forum: Personal Investments
Topic: AZN(AstraZeneca plc) Stock, asking for a friend
Replies: 20
Views: 1421

Re: AZN(AstraZeneca plc) Stock, asking for a friend

If his "friend" is an active trader that trades occasionally with unsettled cash that could be of some consequence and throw a wrench into his strategy.

Just figured I'd point it out since it was the first thing that came to my mind.
by CardioMD
Fri Jul 17, 2020 5:10 pm
Forum: Personal Investments
Topic: AZN(AstraZeneca plc) Stock, asking for a friend
Replies: 20
Views: 1421

Re: AZN(AstraZeneca plc) Stock, asking for a friend

If your "friend" bought with settled cash then I believe selling after hours would be okay and not trigger a free ride violation. If the cash was unsettled I would wait until the trade settles.
by CardioMD
Fri Jul 17, 2020 12:30 pm
Forum: Personal Investments
Topic: Fidelity Zero Funds = Best 3 Fund Portfolio
Replies: 52
Views: 5630

Re: Fidelity Zero Funds = Best 3 Fund Portfolio

If they operated at a loss would that show up in the annual report? https://www.actionsxchangerepository.fidelity.com/ShowDocument/511757/FaxToCDocument.htm?clientId=Fidelity&applicationId=MFL&docType=ANN&docFormat=html&securityId=315911628&securityIdType=CUSIP&collectionId=5...
by CardioMD
Fri Jul 17, 2020 12:10 pm
Forum: Personal Investments
Topic: Charles Schwab
Replies: 48
Views: 5358

Re: Charles Schwab

Schwab is a great choice. Congrats!
by CardioMD
Thu Jul 16, 2020 6:59 pm
Forum: Personal Investments
Topic: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment
Replies: 103
Views: 8829

Re: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment

I hear that Fidelity’s Zero funds operate at a loss but I can’t seem to find that in the annual report. Seems like they operate near cost unless I’m missing something, which may very well be the case. https://www.actionsxchangerepository.fidelity.com/ShowDocument/511757/FaxToCDocument.htm?clientId=F...
by CardioMD
Thu Jul 16, 2020 3:46 pm
Forum: Personal Investments
Topic: Just invested in VTSAX. Why not FBGRX instead?
Replies: 11
Views: 917

Re: Just invested in VTSAX. Why not FBGRX instead?

I am personally not a fan of actively managed funds but if I were set on trying to play catch-up via outperformance I would prefer more of a large cap growth index fund like FSPGX (ER 0.035%). https://fundresearch.fidelity.com/mutual-funds/summary/31635V729 Not something many here would recommend bu...
by CardioMD
Wed Jul 15, 2020 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: My office job in NYC has just gone remote for the rest of the year. Can I reduce my tax burden by moving to Florida?
Replies: 92
Views: 8853

Re: My office job in NYC has just gone remote for the rest of the year. Can I reduce my tax burden by moving to Florida?

I might be wrong but wouldn’t you still be required to pay NYC/state taxes while living in Florida but technically working in NYC?
by CardioMD
Wed Jul 15, 2020 12:51 pm
Forum: Personal Investments
Topic: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment
Replies: 103
Views: 8829

Re: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment

I think the issues of account minimums and expense ratios being discussed here are really not a meaningful differentiator between Vanguard and Fidelity in almost every case. If you don't have enough for the minimum to open a Vanguard fund, there's really no point in investing. Wow. I couldn’t disag...
by CardioMD
Tue Jul 14, 2020 9:53 pm
Forum: Personal Investments
Topic: Schwab/Fidelity one or two brokerages
Replies: 7
Views: 741

Re: Schwab/Fidelity one or two brokerages

Other than a checking/taxable brokerage with Schwab we have all of our cash and investments, minus real estate, with Fidelity. The only reason I keep the Schwab accounts is for the Amex. I can think of no better place I’d rather have our money than those two.
by CardioMD
Tue Jul 14, 2020 6:36 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 17028

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

Ouch. Fortunately I’ve never been laid off but I had many friends laid off from Wells Fargo. They had a rough time.

You’re right. These employees will be culled from the Infosys herd eventually. Not a good look.
by CardioMD
Tue Jul 14, 2020 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Ever hide money from yourself?
Replies: 46
Views: 2974

Re: Ever hide money from yourself?

Every week it goes to the taxable brokerage account . Otherwise I’d spend it.
by CardioMD
Sun Jul 12, 2020 5:04 pm
Forum: Investing - Theory, News & General
Topic: Does it make financial sense to transfer from American Funds to Vanguard
Replies: 12
Views: 839

Re: Does it make financial sense to transfer from American Funds to Vanguard

What is the cost of transferring?

Most likely it makes sense to transfer to Vanguard, Fidelity, or Schwab to buy index funds with much lower costs.

You get what you don’t pay for.
by CardioMD
Sun Jul 12, 2020 7:05 am
Forum: Investing - Theory, News & General
Topic: China capital controls
Replies: 12
Views: 1324

Re: China capital controls

Same as Ferdinand. I don’t see the need of going outside the one country where I have a basic understanding of the regulatory and political risks. Regulatory standards are not the same across the globe. While not perfect here, at least they’re about as good as it gets and you have an expectation tha...