Search found 123 matches

by RomeoMustDie
Sun May 31, 2020 1:51 pm
Forum: Investing - Theory, News & General
Topic: [How can I teach my young kids about investing?]
Replies: 23
Views: 1001

Re: [How can I teach my young kids about investing?]

There are some apps on the marketplace that track chores for financial education if you're into that.
by RomeoMustDie
Sun May 31, 2020 3:55 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434502

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

this can be a dumb question but dont have time to read it through every replies... so the back test amount.. are we assuming that we are adding money into portfolio on regulat basis? or is that the amount of money if we initially invest $100k and do nothing except for rebalancing for 40 years? It w...
by RomeoMustDie
Tue May 26, 2020 3:02 am
Forum: Investing - Theory, News & General
Topic: Fractional Investing
Replies: 22
Views: 1461

Re: Fractional Investing

It's so convenient that I'd never be a customer of a brokerage that didn't offer it.
by RomeoMustDie
Mon May 25, 2020 7:31 pm
Forum: Personal Investments
Topic: Best place to gradually save $6000 to max-out Roth IRA contribution in January
Replies: 54
Views: 3733

Re: Best place to gradually save $6000 to max-out Roth IRA contribution in January

Put money into healthcare savings and education savings accounts until roth becomes available again. Maybe up your 401k contribution when you know your roth is full. No HSA, 401(k), or education savings account (see my portfolio review request for more details, if you care). But for others, I'm sur...
by RomeoMustDie
Mon May 25, 2020 7:16 pm
Forum: Personal Consumer Issues
Topic: Yahoo Mail Logs Out Repeatedly
Replies: 18
Views: 809

Re: Yahoo Mail Logs Out Repeatedly

You can log your non google email addresses into google and use their interface. Works pretty well for my microsoft emails.
by RomeoMustDie
Mon May 25, 2020 7:11 pm
Forum: Personal Consumer Issues
Topic: Update current laptop or buy new one?
Replies: 45
Views: 2806

Re: Update current laptop or buy new one?

Your laptop is holding on to its last bit of life.

That means you can shop around and look for a deal in anticipation of it dying completely.

My recommendation is Lenovo.

:beer
by RomeoMustDie
Mon May 25, 2020 7:09 pm
Forum: Personal Investments
Topic: Best place to gradually save $6000 to max-out Roth IRA contribution in January
Replies: 54
Views: 3733

Re: Best place to gradually save $6000 to max-out Roth IRA contribution in January

Put money into healthcare savings and education savings accounts until roth becomes available again. Maybe up your 401k contribution when you know your roth is full.
by RomeoMustDie
Sat May 23, 2020 11:29 am
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3426

Re: Do you dislike recurring billing for gyms?

Once gyms reopen, I was going to join LA Fitness. They have pretty good monthly rates, except... Recurring monthly charges must be paid by electronic funds transfer from your checking or savings account or automatic transfer from an accepted credit or debit card. There's no way I'm letting some com...
by RomeoMustDie
Fri May 15, 2020 11:44 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434502

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

Not looking good for this portfolio in the short term.

Predicting a bad year for the S&P, interest rates also have nowhere to go but up.

However, I will stay the course.
by RomeoMustDie
Fri May 15, 2020 11:36 am
Forum: Investing - Theory, News & General
Topic: Developing Economies of Interest
Replies: 1
Views: 170

Developing Economies of Interest

Hi all, I am an index based investor, but I'm curious. Let's assume that China is sanctioned by countries as a result of the COVID19 outbreak. Which are the developing economies with the most conducive trade laws that may stand to benefit from investment veering away from China to other nations? Reg...
by RomeoMustDie
Sat May 09, 2020 1:39 pm
Forum: Personal Investments
Topic: Recession coming (?) any change in investments?
Replies: 82
Views: 7164

Re: Recession coming (?) any change in investments?

And, I would put 1% of the portfolio into physical Gold and Silver. You can afford this as insurance for hyperinflation. KlangFool Really? I see that "Gold Won't Protect You From Hyperinflation" “There is no reason to expect that the real return will be positive when a specific country experiences ...
by RomeoMustDie
Fri May 08, 2020 11:56 pm
Forum: Personal Consumer Issues
Topic: Percentage of savings to "prepping"?
Replies: 132
Views: 8281

Re: Percentage of savings to "prepping"?

For those Bogleheads that are also "preppers", what percentage of your annual savings do you divert to the prepper stockpile? If not a set percentage, is there some other standard that you apply for how much food, water, and other goods you store? For example, in a religious sect that I used to be ...
by RomeoMustDie
Fri May 08, 2020 11:47 pm
Forum: Personal Investments
Topic: College age kid wrecked his car...
Replies: 113
Views: 6048

Re: College age kid wrecked his car...

Where is the college kid’s responsibility here? Why can’t he/she figure this out, especially after totaling dad’s car? For example, there’s probably some public transportation available, getting rides from a friend, moving closer to school, etc We never bought a car for any of our kids. They figure...
by RomeoMustDie
Thu May 07, 2020 10:33 am
Forum: Investing - Theory, News & General
Topic: All my friends are outperforming index funds
Replies: 122
Views: 11152

Re: All my friends are outperforming index funds

I called the cruise line spike before it happened and investors here made fun of it.

I would own your investment decisions without worshipping people as investment gurus.

Nobody knows nuthin' even bogleheads.
by RomeoMustDie
Wed May 06, 2020 3:01 am
Forum: Personal Investments
Topic: NUSI: ETF that uses a collar option strategy to protect against downside
Replies: 10
Views: 666

Re: NUSI: ETF that uses a collar option strategy to protect against downside

I'm currently planning to enter the market and I'm concerned about volatility, since I would like access to the funds on a 7-10 year horizon. I came across an interesting ETF that uses an option collar strategy to protect against downside risk. That is, it sells call options against the underlying ...
by RomeoMustDie
Tue Apr 28, 2020 3:42 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 322851

Re: Best watch for around $5,000?

Those people would be best equipped to understand the discussions here. But it doesn't seem to be the case. In my opinion a 50$ watch is a downgrade from no watch. No point in wearing it. Why would I put on my wrist an ugly chunk of rubber, plastic and cheap low quality metals? It provides no funct...
by RomeoMustDie
Tue Apr 28, 2020 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1593
Views: 219124

Re: Fidelity as a one stop shop

GeraniumLover wrote:
Tue Apr 28, 2020 3:29 pm
Deleted
Vanguard funds aren't a stock, they're ETF's. I believe you but I remember having to go into ITOT about a year because of costs for VTI.
by RomeoMustDie
Tue Apr 28, 2020 3:29 pm
Forum: Investing - Theory, News & General
Topic: Anyone wish they would have invested more during recent downturn?
Replies: 110
Views: 9288

Re: Anyone wish they would have invested more during recent downturn?

No, I've invested all available income. If you wavered from your IPS in this time you were probably in the wrong portfolio to begin with.
by RomeoMustDie
Tue Apr 28, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7154

Re: How do you explain no COVID19 Stimulus Payment?

Our income was/is too high for a COVID19 Stimulus payment, we don't mind not qualifying and we're in great financial shape (likely none of our friends or relatives are aware of that). We don't begrudge those that are eligible to receive them. That said we do get some inquiries and innuendo from fri...
by RomeoMustDie
Tue Apr 28, 2020 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1593
Views: 219124

Re: Fidelity as a one stop shop

1. Yes. 2. Yes. 3. Depends on what you’re using the money for. You can use it to buy stocks instantly, same day. You cannot use it to (for example) pay your Fidelity credit card bill out of your Fidelity cash management account the same day you transferred from your bank to the cash management acco...
by RomeoMustDie
Fri Apr 24, 2020 2:16 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 322851

Re: Best watch for around $5,000?

I bought a 280 dollar gucci watch recently and had to think about it for a couple of days. "it's Gucci time!"I'm sure watch guys would scoff at Gucci but who wants to have a beer with a watch guy? There are so many more interesting things that thousands will fetch than a watch. My gucci looks nice ...
by RomeoMustDie
Fri Apr 24, 2020 12:09 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 322851

Re: Best watch for around $5,000?

I bought a 280 dollar gucci watch recently and had to think about it for a couple of days. "it's Gucci time!"I'm sure watch guys would scoff at Gucci but who wants to have a beer with a watch guy? There are so many more interesting things that thousands will fetch than a watch. My gucci looks nice ...
by RomeoMustDie
Thu Apr 23, 2020 10:37 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 322851

Re: Best watch for around $5,000?

I bought a 280 dollar gucci watch recently and had to think about it for a couple of days. "it's Gucci time!"I'm sure watch guys would scoff at Gucci but who wants to have a beer with a watch guy? There are so many more interesting things that thousands will fetch than a watch. My gucci looks nice ...
by RomeoMustDie
Thu Apr 23, 2020 3:01 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434502

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

Wow, this is really interesting. You can historically get higher Sortino, high returns, and lower dependence on long term treasuries if you add in a dash of a long volatility ETF. We've been missing it, I think, since the VIIX was started in 2010. https://www.portfoliovisualizer.com/backtest-portfo...
by RomeoMustDie
Thu Apr 23, 2020 2:31 am
Forum: Investing - Theory, News & General
Topic: Are you a market timer if you sit on cash?
Replies: 26
Views: 2218

Re: Are you a market timer if you sit on cash?

Time in the market, not timing the market.
by RomeoMustDie
Wed Apr 22, 2020 9:10 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434502

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

I am happy to say that as of this morning my finds finally arrived and I am officially on the adventure! Looks like I am having a bad first day but who cares, I am in this for the long haul! Thanks everyone! I also just started, with $3k out of a $6k Roth IRA. Bought at UPRO = 36, TMF = 44 on Frida...
by RomeoMustDie
Wed Apr 22, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Play money investing question – telehealth stocks
Replies: 9
Views: 351

Re: Play money investing question – telehealth stocks

Anyone else evaluating telehealth stocks – under the assuming that COVID-19 will prompt a new "normal" in the way that patients receive care? TDOC most notably. I don't believe the hype (yet) related to connected health RPM programs (LVGO, etc.) in general, but I believe COVID-19 perhaps, has made ...
by RomeoMustDie
Tue Apr 21, 2020 5:10 pm
Forum: Personal Consumer Issues
Topic: BMW X5 - advice on purchase
Replies: 49
Views: 2938

Re: BMW X5 - advice on purchase

Thanks very much to all for your comments. This would be my first “luxury” car and a few of the comments have made me wonder whether it’s worth it or not. I’ll keep my eyes open on deals in the coming months and continue to weigh the pros and cons Why not lease it. BMW loves to lease out their cars...
by RomeoMustDie
Tue Apr 21, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: How to "invest" in oil?
Replies: 85
Views: 6520

Re: How to "invest" in oil?

Sector funds associated with oil prices could be interesting. Travel and automobile stocks are two in mind that benefit from lower fuel prices.
by RomeoMustDie
Mon Apr 20, 2020 4:57 pm
Forum: Investing - Theory, News & General
Topic: Price of oil has collapsed; how will this impact the economy?
Replies: 108
Views: 8258

Re: Price of oil has collapsed; how will this impact the economy?

I think you have it backwards. The current extreme low price of oil is a manifestation of the current and near-term expected demand for oil. So the low price is being influenced by expectations of the economy, not the other way around. I agree with this post. Demand for oil will decrease over time....
by RomeoMustDie
Mon Apr 20, 2020 4:53 pm
Forum: Investing - Theory, News & General
Topic: Price of oil has collapsed; how will this impact the economy?
Replies: 108
Views: 8258

Re: Price of oil has collapsed; how will this impact the economy?

I think you have it backwards. The current extreme low price of oil is a manifestation of the current and near-term expected demand for oil. So the low price is being influenced by expectations of the economy, not the other way around. I agree with this post. Demand for oil will decrease over time....
by RomeoMustDie
Mon Apr 20, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Price of oil has collapsed; how will this impact the economy?
Replies: 108
Views: 8258

Re: Price of oil has collapsed; how will this impact the economy?

I think you have it backwards. The current extreme low price of oil is a manifestation of the current and near-term expected demand for oil. So the low price is being influenced by expectations of the economy, not the other way around. I agree with this post. Demand for oil will decrease over time....
by RomeoMustDie
Sun Apr 19, 2020 3:52 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434502

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

Is the VIX even reliable as a forward indicator? Or does it only spike after stuff hits the fan? It is supposed to be an annualized forward looking estimate of the next 30 day's volatility, but staring at the VIX charts for a few hours does not instill me with much confidence in it's predictive cap...
by RomeoMustDie
Sun Apr 12, 2020 7:03 pm
Forum: Personal Investments
Topic: Is there a conservative fund?
Replies: 20
Views: 1449

Re: Is there a conservative fund?

Is there a conservative fund which provides 3-4% return all the time and will not loose much of face value. I know stocks provide higher return but there is also higher risk. Let's say I don't care for a higher return but just interested in marginal appreciation of my assets like beat the inflation...
by RomeoMustDie
Sun Apr 12, 2020 3:46 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434502

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

I'm considering to start this "adventure" inside a $6k Roth IRA which would represent a small part of my portfolio, mostly for my own interest and a bit of fun, hopefully with some decent results but knowing that it could all go wrong. The majority of my portfolio in taxable is with NTSX/VXUS/EDV a...
by RomeoMustDie
Sun Apr 12, 2020 3:42 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434502

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

Came across this new Risk Parity ETF launched earlier this year https://rparetf.com/rpar YTD 0.1% with ER 0.5% and yield of 0.7%- not bad considering the tumult in the markets How does that compare to excellent UPRO/TMF adventure for YTD? The ETF includes exposure to TIPS and commodities in additio...
by RomeoMustDie
Sun Apr 12, 2020 5:57 am
Forum: Investing - Theory, News & General
Topic: "Pandemic highlights problems with efficient-market hypothesis"
Replies: 11
Views: 1098

Re: "Pandemic highlights problems with efficient-market hypothesis"

I almost think the opposite. The market has been very volatile lately. And that seems to be driven by the large amount of significant new news each day. At first, we thought this might be the end of the world, and the market reacted. Since then, we thought it would be merely catastrophic, and the m...
by RomeoMustDie
Sun Apr 12, 2020 5:52 am
Forum: Personal Finance (Not Investing)
Topic: How often do you login and review your investment accounts?
Replies: 68
Views: 2405

Re: How often do you login and review your investment accounts?

Daily the same time I check my checking and credit card at Fidelity. :beer
by RomeoMustDie
Tue Apr 07, 2020 12:35 pm
Forum: Personal Investments
Topic: Benefits/novelty of single share of BRK.B?
Replies: 21
Views: 1706

Re: Benefits/novelty of single share of BRK.B?

In recent years, Buffett has been very clear that investors should not expect the same results going forward. In his 2014 annual letter to shareholders, Buffett said that "Berkshire's long-term gains ... cannot be dramatic and will not come close to those of the past 50 years." The problem is that ...
by RomeoMustDie
Tue Apr 07, 2020 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is Bogleheads.org any good at giving advice on college?
Replies: 6
Views: 703

Re: Is Bogleheads.org any good at giving advice on college?

With the continual spate of the question "Which college should be attended?" on bogleheads.org, I thought it would be good idea to a do a post-mortem on the advice and in a double-blind study. A post-mortem is to review a decision or advice that has already been made and acted upon. This is discuss...
by RomeoMustDie
Mon Apr 06, 2020 3:55 pm
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 186
Views: 17921

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

We have a record drop in oil and travel-based stocks right now. Bogle himself said 5% of the portfolio market timing is acceptable. What is the best way to become rich from this? Be rich to start with. 5% isn't going to move the needle. Maybe not with the cruise industry soon to be penny stocks :mr...
by RomeoMustDie
Fri Apr 03, 2020 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 10319

Re: How much have YOU reduced spending during downturns?

We're planning to retire 1/2021. I've been watching our portfolio and have felt at least a little of the pain I expect to feel when spending during a downturn. I know others reduce spending during a downturn, and it seems prudent, but how drastic were your cuts? Our plans for spending a couple mont...
by RomeoMustDie
Fri Apr 03, 2020 6:47 pm
Forum: Personal Investments
Topic: Why Do So Many Recommend 70% - 100% Stocks?
Replies: 167
Views: 9519

Re: Why Do So Many Recommend 70% - 100% Stocks?

I think this discussion would have more weight if you estimated the funds needed in retirement and then forecasted the historical CAGR of your asset allocations over the next 25 years to see if you will meet your requirements. You should also probably overshoot that amount to accommodate for changes...
by RomeoMustDie
Fri Apr 03, 2020 5:12 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2836
Views: 1857426

Re: The Three-Fund Portfolio

I am impressed by the fact that there are almost no panic posts in this thread even though the markets have had a major downturn and still hold plenty of uncertainty. This is another example of the value of a TRP with a proper AA. Stay the course and thank you to Mr Bogle and Mr Larimore :sharebeer...
by RomeoMustDie
Fri Apr 03, 2020 5:05 pm
Forum: Personal Investments
Topic: Do you want to own the whole haystack [VTI] when someone has a blowtorch?
Replies: 125
Views: 9417

Re: Do you want to own the whole haystack [VTI] when someone has a blowtorch?

Questioning my bogelhead core ideals. Generally we want diversification. It is a benefit. Are we sure it is a benefit during a pandemic. Won’t there be obvious winners and losers? Winners: 3M, Costco, Zoom, Amazon... others I will not share here. I feel I have as a physician very specific epidemic ...
by RomeoMustDie
Fri Apr 03, 2020 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Where Did You Find Your Best Hires?
Replies: 2
Views: 438

Re: Where Did You Find Your Best Hires?

Hey Folks, I love this community and the outlook of the folks on it, so I've come to you asking for advice. I have a question that is loosely investing related, but would value your thoughts anyways. I'm talking about hiring and team-building, the investment by an organization in its people to crea...
by RomeoMustDie
Fri Apr 03, 2020 4:35 pm
Forum: Investing - Theory, News & General
Topic: Is Bogleheads suffering a derivatives epidemic?
Replies: 40
Views: 3245

Re: Is Bogleheads suffering a derivatives epidemic?

What’s with all the derivatives posts here in BH. I read at least 5 just today . Options (anyone know about straddles?), LEAPs, holding mutual funds in your margin account so the fund can be liquidated in the event of a margin call... And that is count doesn’t include discussions of 3x leveraged ET...
by RomeoMustDie
Fri Apr 03, 2020 4:31 pm
Forum: Investing - Theory, News & General
Topic: Why don't all investors go 100% stocks
Replies: 72
Views: 5148

Re: Why don't all investors go 100% stocks

When the markets correct, you will have larger paper losses; however, in times of prosperity you will have larger gains. Seems to balance out and also provides the investor with the largest returns in the long term. Why not just stay 100% equities and stop watching the market? Why choose products t...
by RomeoMustDie
Fri Apr 03, 2020 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1048
Views: 107702

Re: Why are you NOT buying rental properties?

I could not imagine the stress of being a landlord or even not being able to pay the rent. We will get through this. It's no more stressful than losing 30% in the stock market, but having not sold anything, actually bought more by rebalancing, and having proper finances nothing has changed. As you ...
by RomeoMustDie
Fri Apr 03, 2020 1:52 pm
Forum: Personal Consumer Issues
Topic: Should I keep paying fitness center fees while it is closed?
Replies: 114
Views: 6263

Re: Should I keep paying fitness center fees while it is closed?

The fitness center that I belong to is closed like many businesses right now. Nobody knows for how long. I just got charged on my credit card April's membership dues, because the gym owner thinks that we should keep paying him/her even though it is closed, because well, they have staff to pay and t...