Search found 218 matches

by Slick8503
Sun Jun 09, 2019 6:26 am
Forum: Investing - Theory, News & General
Topic: The logical fallacy behind "Bonds Are For Safety"
Replies: 248
Views: 16625

Re: The logical fallacy behind "Bonds Are For Safety"

Risk parity portfolios are the five years ago permanent portfolios it seems. Just substitute gold and st bonds with more equities and lt bonds because gold has had a rough patch so it doesn’t backrest as well in comparison now. No doubt the story regarding holding only lt bonds with equities seems v...
by Slick8503
Sat Jun 01, 2019 1:06 pm
Forum: Investing - Theory, News & General
Topic: Why is Tangible Book Value Dropping for US Stocks?
Replies: 26
Views: 1406

Re: Why is Tangible Book Value Dropping for US Stocks?

I did some brief research as well and came up empty handed.
by Slick8503
Sat Jun 01, 2019 11:53 am
Forum: Investing - Theory, News & General
Topic: Why is Tangible Book Value Dropping for US Stocks?
Replies: 26
Views: 1406

Re: Why is Tangible Book Value Dropping for US Stocks?

How do international stocks compare using this metric over the same period?
by Slick8503
Tue May 21, 2019 8:26 pm
Forum: Investing - Theory, News & General
Topic: Don't add currency risk on top of equity risk
Replies: 68
Views: 4937

Re: Don't add currency risk on top of equity risk

Volatility is obviously not the only form of risk.
by Slick8503
Sun May 19, 2019 5:35 pm
Forum: Investing - Theory, News & General
Topic: Valuations of International Equities vs. US Equities
Replies: 31
Views: 2989

Re: Valuations of International Equities vs. US Equities

The first post in the thread lists earnings growth percentages. Those data points don’t seem to jive with the prevailing justification for US valuations being higher due to better future prospects vs Ex-US. Anyone have any thoughts about that?
by Slick8503
Sat May 04, 2019 10:32 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6797

Re: How ETFs use "Heartbeats" to wash-out gains

Wait...Can a really smart Boglehead explain WTH a 'heartbeat' transaction is, so a second grader could understand it? This just seems like a financial 'sleight of hand' where value somehow just disappears. Poof! The value is gone. Wouldn't the IRS get irritated? If it is such a good thing, why does...
by Slick8503
Sat May 04, 2019 10:29 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6797

Re: How ETFs use "Heartbeats" to wash-out gains

Large investment banks “invest” in an etf by giving representative baskets of stocks of the underlying etf. After a short period of time the inv banks redeem the dollar value of their initial “investment” but instead of receiving the underlying basket of stocks they provided, the investment banks re...
by Slick8503
Mon Apr 08, 2019 7:09 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Benefits Of International Diversification
Replies: 86
Views: 7157

Re: Larry Swedroe: Benefits Of International Diversification

While I haven't implemented intl bonds in my own portfolio I would agree that it should apply there as well.
by Slick8503
Sun Apr 07, 2019 1:36 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Benefits Of International Diversification
Replies: 86
Views: 7157

Re: Larry Swedroe: Benefits Of International Diversification

Ferdinand2014 wrote:
Sun Apr 07, 2019 10:27 am
From both a fiscal (debt to GDP) and demographic (population growth and age) standpoint, the U.S. is better off than virtually every MSCI-EAFE country.
[/quote]

Not really.

http://worldpopulationreview.com/countr ... onal-debt/
by Slick8503
Sun Apr 07, 2019 8:55 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Benefits Of International Diversification
Replies: 86
Views: 7157

Re: Larry Swedroe: Benefits Of International Diversification

It’s all endpoints. If you stop the end point after international’s big outperformance run you would come to the opposite conclusion. Sure. The problem is, we don't know what our personal endpoints (retirement, tuition, home purchase, et cetera ) will mean in terms of performance. There will be no ...
by Slick8503
Sun Apr 07, 2019 5:37 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Benefits Of International Diversification
Replies: 86
Views: 7157

Re: Larry Swedroe: Benefits Of International Diversification

It’s all endpoints. If you stop the end point after international’s big outperformance run you would come to the opposite conclusion.
by Slick8503
Sat Apr 06, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly vs. retainer for a financial planner
Replies: 64
Views: 3844

Re: Hourly vs. retainer for a financial planner

The all to familiar problem of “if you know enough to pick a good advisor, you probably don’t need an advisor.”
by Slick8503
Sat Apr 06, 2019 1:50 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Benefits Of International Diversification
Replies: 86
Views: 7157

Re: Larry Swedroe: Benefits Of International Diversification

There's also the drag of foreign taxes on ex-US, particularly in tax-deferred accounts where you don't get a credit. I wrestle with this issue the most. I have decided to overweight international because I decided that single country risk was more important to mitigate than the slight tax penalty f...
by Slick8503
Wed Mar 27, 2019 12:02 am
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 220
Views: 9960

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

****CAUTION MARKET TIMING POST**** Sorry if this has been mentioned, the thread is long and I’ve read it in a few different sessions, but why not pay off the mortgage now using funds that lower your target equity percentage? Sure you will probably pay some cap gains but it will substantially mitigat...
by Slick8503
Fri Mar 22, 2019 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Selling land - best approach?
Replies: 15
Views: 1375

Re: Selling land - best approach?

A lot of land, especially farmland, is still sold by auction.

I’m not sure the location of the property but much of the midwest’s farmland values are off from their highs but still bringing strong prices.
by Slick8503
Wed Feb 27, 2019 12:29 pm
Forum: Personal Consumer Issues
Topic: Things to do in Indiana
Replies: 64
Views: 4602

Re: Things to do in Indiana

If you are a basketball fan or fan of the movie “Hoosiers” the “Hoosier Gym” at knightstown would be worth a visit. Did not see it mentioned.
by Slick8503
Sat Jan 26, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 225
Views: 30332

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Please post data points/info regarding whether Walmart online grocery is counted as online purchase. We use this option almost exclusively now for our groceries and it would be great to save 5.25% for groceries on a card with no annual fee! Thanks in advance.
by Slick8503
Sat Jan 26, 2019 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: $158k Income and 0 federal income tax
Replies: 40
Views: 7075

Re: $158k Income and 0 federal income tax

~115k income from w2 job
DW ~ 40k income from w2 job
Total 155k
Both max 401ks, max hsa, 5k dependent care account
24k std ded
3 child tax credits

Only ~5k owed in fed taxes.

Amazing to me.

This could be a spinoff of the “Do you feel overpaid?” thread.

“Do you feel under taxed?” :D
by Slick8503
Sun Jan 13, 2019 9:38 am
Forum: US Chapters
Topic: My favorite Boglehead posters
Replies: 142
Views: 9278

Re: My favorite Boglehead posters

Certainly not my complete list and did not read full thread but noticed one of my favs (Robert T)was absent on first pg. Robert T - does not post often, but his “info per post” metric is off the charts. Nisi - I believe I’ve said before that he is my favorite discussion forum poster of all time acro...
by Slick8503
Mon Dec 31, 2018 8:45 pm
Forum: Personal Investments
Topic: How to handle Real Estate in AA, esp w/r/t international
Replies: 13
Views: 904

Re: How to handle Real Estate in AA, esp w/r/t international

This is not something I’ve considered much but probably should have, so thank you for asking the question. I think it makes a lot of sense to include your real estate investments as part of your domestic AA. Would you not count a domestic REIT fund in your domestic AA? Why would a privately held re...
by Slick8503
Sun Dec 30, 2018 8:42 pm
Forum: Personal Investments
Topic: How to handle Real Estate in AA, esp w/r/t international
Replies: 13
Views: 904

Re: How to handle Real Estate in AA, esp w/r/t international

This is not something I’ve considered much but probably should have, so thank you for asking the question. I think it makes a lot of sense to include your real estate investments as part of your domestic AA. Would you not count a domestic REIT fund in your domestic AA? Why would a privately held rea...
by Slick8503
Tue Nov 27, 2018 11:47 pm
Forum: Investing - Theory, News & General
Topic: AQR/Liquid Alt Performance
Replies: 60
Views: 3058

Re: AQR/Liquid Alt Performance

Wouldn’t you all reckon that the likely time a fund such as qspix would outperform stocks would be after an exceptionally long period of terrific stock performance? :wink: I’m not sure why the case for a fund like qspix outperforming stocks for the next ten years seems so far fetched to some here wh...
by Slick8503
Sun Nov 18, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: Alpha Architect: Factor Investing Fact Check: Are Value And Momentum Dead?
Replies: 34
Views: 2605

Re: Alpha Architect: Factor Investing Fact Check: Are Value And Momentum Dead?

I also appreciate all of the Larry and related articles you post for the readers here Random Walker. I do not participate much, but they are helpful to me and I'm sure others.
by Slick8503
Sat Nov 17, 2018 7:57 am
Forum: Investing - Theory, News & General
Topic: Alpha Architect: Factor Investing Fact Check: Are Value And Momentum Dead?
Replies: 34
Views: 2605

Re: Alpha Architect: Factor Investing Fact Check: Are Value And Momentum Dead?

Thank you for the very appropriate and helpful article link, RobertT.
by Slick8503
Fri Nov 17, 2017 3:55 pm
Forum: Investing - Theory, News & General
Topic: My Favorite Alternative Funds
Replies: 229
Views: 38295

Re: My Favorite Alternative Funds

Thanks so much for allowing us to benefit from your research Robert. I always learn from your postings.

Glad to see cheaper and more transparent options becoming available.
by Slick8503
Mon Nov 13, 2017 9:07 am
Forum: Investing - Theory, News & General
Topic: My Favorite Alternative Funds
Replies: 229
Views: 38295

Re: My Favorite Alternative Funds

Do you plan to use this fund in your portfoilio Robert T?
by Slick8503
Tue Oct 17, 2017 9:59 am
Forum: Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 25
Views: 7754

Re: Why not CDs instead of Short Term Bonds or TIPS

hulburt1, consider using something other than MM. Even 1% extra interest on 130k is well over 1k in extra income a year. Switching even half of that money to a different fund would be time well spent in dollars per hour of work.
by Slick8503
Sun May 21, 2017 5:35 pm
Forum: Investing - Theory, News & General
Topic: Yield Curve and the Next Stock Market Correction
Replies: 36
Views: 5070

Re: Yield Curve and the Next Stock Market Correction

Admittedly this topic is probably above my pay grade, but doesn't it seem intuitive that the yield curve would flatten, due to the Fed having more control over short rates? The economy/inflation starts to heat up, the Fed tries to moderate that by increasing short term rates, and a recession follows...
by Slick8503
Mon May 01, 2017 5:48 am
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 6111

Re: Best vacuum cleaner for pet hair?

Actually our Hoover is a bagged model. I def recommend splurging on the Roomba.
by Slick8503
Mon Apr 24, 2017 12:42 am
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 6111

Re: Best vacuum cleaner for pet hair?

Again, the combo of the Roomba daily and a Consumer Reports recommended Hoover Wind Tunnel we registered for as a wedding gift in 2013(iirc was ~$150) has been an awesome combination for pet hair removal. I would say this combo would come in at a comparable cost to a dyson model and do a much better...
by Slick8503
Sat Apr 22, 2017 4:13 am
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 6111

Re: Best vacuum cleaner for pet hair?

We have a long haired dog in the house and about 6 months ago bought a Roomba. What an amazing difference. It is by no means perfect, but it will blow you away with the amount of hair it picks up daily . We still use our hoover upright once in a while for a deeper clean, but the Roomba has been grea...
by Slick8503
Tue Apr 18, 2017 8:06 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe : Integrated Investment Plan
Replies: 35
Views: 7995

Re: Larry Swedroe : Integrated Investment Plan

I've been a member of many forums over the years. Bogleheads has by far the most collective intelligence of any, BUT the amount of snark, cold, rude, whatever you want to call it, comments that get posted here are too much at times, and I don't understand why that is. There is no need for it.
by Slick8503
Sun Apr 09, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 14402

Re: Alts:new sources of risk/return improve portfolio efficiency

I would love to allocate a 10% or so portion of my portfolio to a fund such as LENDX, but I could not find an advisor willing to give me access for a low/minimal fee.
by Slick8503
Tue Apr 04, 2017 6:39 am
Forum: Personal Investments
Topic: What's the flaw in this strategy:
Replies: 27
Views: 2801

Re: What's the flaw in this strategy:

It seems so obvious to me, that I must surely be missing something which a Boglehead can point out! Maybe I'm new enough here myself that I find all of the experienced posters belittling your idea to be rather surprising (and glad no one has yet called it "stupid" even if it's just unspoken). I tot...
by Slick8503
Mon Apr 03, 2017 2:54 pm
Forum: Personal Investments
Topic: What's the flaw in this strategy:
Replies: 27
Views: 2801

Re: What's the flaw in this strategy:

I'll just speak to my situation mentioned above. I had some taxable money that I had invested in years where I had already maxed out my tax advantage space for the year, after 2009 I had some losses in that account. I also use a rewards checking account. Instead of funding my roth with money from my...
by Slick8503
Mon Apr 03, 2017 1:57 pm
Forum: Personal Investments
Topic: What's the flaw in this strategy:
Replies: 27
Views: 2801

Re: What's the flaw in this strategy:

There is no flaw, but this is something many people have done in the past. Myself included. The problem, if you want to call it that, is that you are limited to 5500 in Roth space per year.
by Slick8503
Mon Apr 03, 2017 1:32 pm
Forum: Personal Investments
Topic: What's the flaw in this strategy:
Replies: 27
Views: 2801

Re: What's the flaw in this strategy:

You cannot do this, because it's a "wash sale". However, you could, for example, sell Total stock, and buy SP500 in your Roth to avoid the wash rule. If I understand correctly, what you are proposing is not that much different than a typical tax loss harvest, but instead of rebuying in taxable you w...
by Slick8503
Fri Mar 10, 2017 9:10 am
Forum: Personal Consumer Issues
Topic: 2014 Subaru Forrester 2.5i vs 2010 Lexus RX 350
Replies: 25
Views: 3989

Re: 2014 Subaru Forrester 2.5i vs 2010 Lexus RX 350

ZeroWealth, thanks so much for the data point. Enjoy your Lexus!! I'm jealous!
by Slick8503
Tue Mar 07, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: 2014 Subaru Forrester 2.5i vs 2010 Lexus RX 350
Replies: 25
Views: 3989

Re: 2014 Subaru Forrester 2.5i vs 2010 Lexus RX 350

My wife and I are currently SUV shopping as well. Would you mind saying what you paid for the 450H? Dealer or Private Party? Thanks in advance.
by Slick8503
Tue Dec 06, 2016 11:50 pm
Forum: Personal Investments
Topic: Incomplete contribution to 401K for this year
Replies: 21
Views: 2276

Re: Incomplete contribution to 401K for this year

Thank you for the correction avalpert. I was unaware it was law for contributions to be from payroll deduction.
by Slick8503
Tue Dec 06, 2016 11:31 pm
Forum: Personal Investments
Topic: Incomplete contribution to 401K for this year
Replies: 21
Views: 2276

Re: Incomplete contribution to 401K for this year

Could possibly check to see if your plan allows for depositing a personal check into your account. Mine does not, but some may.
by Slick8503
Tue Dec 06, 2016 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: how do you comp raw land?
Replies: 18
Views: 2019

Re: how do you comp raw land?

Where is the land located? Need much more information. Marketable timber? In my area depending on location, agriculture/timber or housing could be the main drivers of value. Also, how highly sloped is the timber ground? Would it make logging it cost prohibitive and or impossible? Perhaps that is the...
by Slick8503
Mon Dec 05, 2016 8:26 pm
Forum: Investing - Theory, News & General
Topic: P2P Lending Dead
Replies: 54
Views: 9646

Re: P2P Lending Dead

Not larry but I would imagine the benefit is to be able to reduce equity allocation, while maintaining return. Not unlike tilting to small value. Reducing tail risk and all that.
by Slick8503
Mon Dec 05, 2016 7:51 pm
Forum: Investing - Theory, News & General
Topic: P2P Lending Dead
Replies: 54
Views: 9646

Re: P2P Lending Dead

Will do. Thanks again.
by Slick8503
Mon Dec 05, 2016 7:46 pm
Forum: Investing - Theory, News & General
Topic: P2P Lending Dead
Replies: 54
Views: 9646

Re: P2P Lending Dead

Understood. Thought there may have been a possibility of one of the large brokerage houses offering "institutional" access in an IRA/401k as Fidelity and Schwab seem to do with AQR. Thank you.
by Slick8503
Mon Dec 05, 2016 6:28 pm
Forum: Investing - Theory, News & General
Topic: P2P Lending Dead
Replies: 54
Views: 9646

Re: P2P Lending Dead

Larry, What would be the cheapest way to access this fund? I need to do more research regarding whether it would be right for my situation, but if I can't access anyhow, may as well save the research time. My 401k is through Fidelity and it does not appear I can access this fund through my brokerage...
by Slick8503
Wed Jun 22, 2016 3:54 am
Forum: Personal Finance (Not Investing)
Topic: Use Roth contributions for land purchase?
Replies: 2
Views: 506

Re: Use Roth contributions for land purchase?

Today's mortgage rates may be lower than what you are currently paying. It may make sense to do a cash out refi and use the proceeds to fund the land purchase. IMO, this would be a better option than losing some of the benefit of a Roth account.
by Slick8503
Thu Feb 11, 2016 9:37 am
Forum: Personal Consumer Issues
Topic: White Kitchen Cabinets?
Replies: 55
Views: 7807

Re: White Kitchen Cabinets?

My wife and I remodeled an old farm house recently and chose an off white color with a glaze finish. We have never had bright white cabinets but these don't seem to show dirt bad at all. We love them. Thought it may be a compromise for you vs going to brown wood. They came from Home Depot during a s...
by Slick8503
Sat Jan 30, 2016 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Two spenders and buying a house
Replies: 43
Views: 5206

Re: Two spenders and buying a house

Those are the type of returns I am suggesting owning 18 acres of ground can give as well. But, unlike dining out, or going on a trip, owning property can provide some monetary return as well.