Search found 80 matches

by evancox10
Thu Dec 07, 2017 12:30 pm
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 4846

Re: I received a speeding ticket via mail from IA - should I pay it?

I wouldn't pay it. These camera tickets are tantamount to extortion, where cities have made Faustian bargains to funnel money to private companies in exchange for a part of the take. You will not lose your license or be thrown in jail for not paying it. They are also now forbidden from filing these ...
by evancox10
Wed Nov 29, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 147
Views: 15051

Re: A good friend has nearly $1M in BitCoin what do I tell him?

The advice listed above that if you had $1m in cash would you invest it in Bitcoin today is a very important lesson in finance in general with wide applicability. I would use that example just to make sure your friend understands the choice they are making. My experience in general has been that mo...
by evancox10
Wed Nov 29, 2017 1:48 pm
Forum: Personal Consumer Issues
Topic: Is It Possible To Be Your Own ISP?
Replies: 7
Views: 989

Re: Is It Possible To Be Your Own ISP?

Someone recently posted a story on exactly how to do this: http://blog.thelifeofkenneth.com/2017/11/creating-autonomous-system-for-fun-and.html?m=1 Now, this was done in a data center where they were able to peer to other networks. If you wanted to use this in a residential location, you'd have to f...
by evancox10
Tue Oct 31, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 373
Views: 51802

Re: Identity theft

So here is what I know so far. The custodian of my father's IRA states that in early September they received a phone call from a man posing as my father, who passed all the security questions and requested a change in email address and that forms for withdrawal of funds be sent to that email. Aroun...
by evancox10
Tue Oct 31, 2017 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: taxes on selling off photo gear?
Replies: 13
Views: 999

Re: taxes on selling off photo gear?

If personal property sold on ebay. . .why would there be taxes due? I don't think it matters if they're personal property or where they're sold. If you make money you owe taxes. I will sell the lenses for less than I paid for them. Do I owe any federal taxes on these sales? This is the key point. S...
by evancox10
Thu Oct 05, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 169
Views: 10000

Re: Buy on Really Bad Days, Sell on Really Good Days?

Or your rebalancing strategy could just be to check your portfolio balances once a year, or or once every X months. No need to check markets every day for single percentage moves, what a pain in the rear... I don't have to check because I get an alert on my smart phone for things like that. Since I...
by evancox10
Thu Oct 05, 2017 10:29 pm
Forum: Personal Consumer Issues
Topic: Weeklong vacation Thanksgiving
Replies: 13
Views: 1262

Re: Weeklong vacation Thanksgiving

Check out Travelzoo, they may have some deals. For example, $605 per person all inclusive stay in Cancun for 4 nights, including flights from Dallas, kids stay free. But only available every week BUT the week of Thanksgiving Don't know how flexible your travel times around Thanksgiving are. Also you...
by evancox10
Thu Oct 05, 2017 10:18 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 169
Views: 10000

Re: Buy on Really Bad Days, Sell on Really Good Days?

I noticed today looked like another really good day. Did more rebalancing today in another account. Watch out because the "definition" police will be along shortly to jump on you. After all, there is no way today was a "really good day" number-wise. It has been an up day for sure, but really good? ...
by evancox10
Thu Oct 05, 2017 10:14 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 169
Views: 10000

Re: Buy on Really Bad Days, Sell on Really Good Days?

I am not sure why it seems to be SO HARD for folks to understand... YOU CAN NOT TIME THE MARKET!!... Buy low, sell high. That's all there is to it... This made me laugh. I always thought buy low, sell high was pretty fundamental to success as an investor. It is amazing all the remarks how this is s...
by evancox10
Thu Aug 24, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Case for Investing at Peaks
Replies: 29
Views: 3794

Re: Case for Investing at Peaks

This is where bogleheadism drifts into religion. You just need faith. :) Yes, but not blind faith. The capitalist system has survived and flourished for several centuries through global depressions, a few world wars and innumerable financial crises (chart below). The challenges of the future will l...
by evancox10
Tue Aug 01, 2017 3:34 pm
Forum: Investing - Theory, News & General
Topic: SNAP News - S&P 500 Index vs Total Stock Market Index
Replies: 10
Views: 1085

Re: SNAP News - S&P 500 Index vs Total Stock Market Index

The real reason it wouldn't be in the S&P 500 is because it doesn't meet the positive earnings criteria. Earnings per Share (TTM) is -$3.05. Why do you say this? There have been plenty of companies in the S&P 500 with negative earnings. The reason in the article mentioned multiple share classes. Gr...
by evancox10
Mon Apr 03, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: IS 200k household income "middle income" these days? Has that threshold increased?
Replies: 42
Views: 4400

Re: IS 200k household income "middle income" these days? Has that threshold increased?

Well according to the American Community Survey (http://www.deptofnumbers.com/income/mas ... ts/boston/) from the census, the median household income in Boston was just under $100,000 for 2015. At 2.5x that amount, I would say that places you solidly in the upper-middle, if not upper, class.
by evancox10
Thu Dec 29, 2016 1:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement 2020 - A Not Insignificant Tracking Error?
Replies: 5
Views: 1052

Re: Vanguard Target Retirement 2020 - A Not Insignificant Tracking Error?

The tracking errors of the underlying funds would not add together, but instead form a weighted average of some kind (geometric probably). If you take the 10 year returns, they work out to annualized returns of 4.965% for the fund and 5.093% for the index, a difference of 0.129 percentage points. Th...
by evancox10
Tue Jul 12, 2016 11:19 pm
Forum: Investing - Theory, News & General
Topic: Just as hard to lose to the market as to beat it?
Replies: 53
Views: 4911

Re: Just as hard to lose to the market as to beat it?

"We all know it is hard to beat the market, but what if I wanted to underperform the market (before costs)? Is there a way to lose to the market if I wanted to? Would it really be just as impossible as beating the market?" He asked for a way to lose to the market so I gave him one. If you...
by evancox10
Tue Jul 12, 2016 11:12 pm
Forum: Investing - Theory, News & General
Topic: Just as hard to lose to the market as to beat it?
Replies: 53
Views: 4911

Re: Just as hard to lose to the market as to beat it?

Tried to reason this out, but I wasn't making any sense. So here's my summary: It's very easy to find someone to take your money*, but much harder to find a way to make money. And just because you have a proven strategy to lose money, doesn't mean there is an equal and opposite way to make money**. ...
by evancox10
Mon Jun 20, 2016 8:24 am
Forum: Investing - Theory, News & General
Topic: Perfect negative correlation = zero total return?
Replies: 63
Views: 4357

Re: Perfect negative correlation = zero total return?

Very easy to find assets with -1.0 correlation, just buy a share of stock and short sell it at the same time. And yes, as you've pointed out you wouldn't gain any money this way! What people generally are looking for isn't perfect negative correlation, but zero correlation. i.e. They move completely...
by evancox10
Wed Mar 02, 2016 5:26 pm
Forum: Investing - Theory, News & General
Topic: (Another) Rolling-Returns Question
Replies: 4
Views: 365

Re: (Another) Rolling-Returns Question

Here's another consideration: taxes. If held in a taxable account, paying taxes each year on distributions will decrease returns, over and above capital gains tax just at the end. This is why bonds are typically advocated to be held in tax-advantaged accounts.
by evancox10
Wed Mar 02, 2016 4:26 pm
Forum: Investing - Theory, News & General
Topic: (Another) Rolling-Returns Question
Replies: 4
Views: 365

Re: (Another) Rolling-Returns Question

I think your conclusion is largely correct, however I would have to add some caveats: These are nominal returns, not inflation adjusted. I would compare it to a simple inflation-adjusted index and/or cash to determine if you gained or lost real money. If a given 5yr return of the fund is lower than ...
by evancox10
Fri Feb 19, 2016 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: New YNAB Available - Now with Auto-Import
Replies: 29
Views: 7722

Re: New YNAB Available - Now with Auto-Import

I've been using the new YNAB for 34 days. The main strength to me is the mobile app. It takes only seconds to enter a transaction on my iPhone. This is a really great feature. I do not use the auto import capabilities, mostly because of security concerns. I actually prefer to enter the transactions...
by evancox10
Mon Jan 11, 2016 10:17 am
Forum: Personal Finance (Not Investing)
Topic: New YNAB Available - Now with Auto-Import
Replies: 29
Views: 7722

Re: New YNAB Available - Now with Auto-Import

How easy does YNAB allow you to divide a single transaction into 3 or 4 different categories? For example, when I go to Walmart, I might buy motor oil, food, diapers and some clothes for the kids. That is four different spending categories, but all of the other budget apps I've used treat it as one...
by evancox10
Tue Jan 05, 2016 5:10 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 12827

Re: Waste of money?

This +1000000. I say that as an user of both an Epson projector (~$800-$1000) and an Elite screen (~$120). Wow, beautiful HT room. Looks like the non HT equipment (ceiling, lighting etc) costs more (labor+parts) than equipment. Sorry for the confusion, it's not mine I just grabbed a picture from th...
by evancox10
Tue Jan 05, 2016 2:18 am
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 12827

Re: Waste of money? [High-end home theater]

I read through more of the posts, sounds like you are primarily interested in audio. Skip the surround sound, get a decent pair of towers + HDMI receiver with Bluetooth/airplay and an AUX audio input, and that's really all you need. Also, i have to disagree with some of the posters here on the need ...
by evancox10
Tue Jan 05, 2016 1:53 am
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 12827

Re: Waste of money?

You need to post the list of components and prices you're considering for us to be able to answer this question. I could easily put together a good mid-range home theater for less than half of your $14k. $2,200 projector Epson 5030UB $300 screen 120" Elite $400 receiver Yamaha RX-V479 $600 fro...
by evancox10
Tue Jan 05, 2016 12:41 am
Forum: Personal Finance (Not Investing)
Topic: RFID wallet?
Replies: 28
Views: 3332

Re: RFID wallet?

I don't think any of my CC are RFID enabled now, and I have quite a few (~6-8). This tech was being pushed a few years ago as blink/pay pass. It provided no security OR usability improvements over the existing mag stripe while requiring new reader HW, so there wasn't much incentive for adoption on e...
by evancox10
Thu Dec 31, 2015 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: New YNAB Available - Now with Auto-Import
Replies: 29
Views: 7722

Re: New YNAB Available - Now with Auto-Import

After trying it out for a bit, the new YNAB looks great and works much better than Mint for setting up a logical budget. I'm wary of the subscription, but I'm definitely willing to give it a shot. We'll see how good the auto-import is, and it doesn't seem like YNAB can categorize transactions autom...
by evancox10
Thu Dec 31, 2015 1:11 am
Forum: Personal Finance (Not Investing)
Topic: New YNAB Available - Now with Auto-Import
Replies: 29
Views: 7722

New YNAB Available - Now with Auto-Import

Just wanted to let people know that YNAB (You Need a Budget) has released a revamped version of their software. The headline feature is automated transaction import from many different financial institutions. So far I've successfully linked several credit cards (Chase), checking accounts (Chase), an...
by evancox10
Sat Dec 26, 2015 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Dec 31st Paycheck - 2015 or 2016 401k Contribution?
Replies: 10
Views: 2436

Dec 31st Paycheck - 2015 or 2016 401k Contribution?

Our last paycheck of the year is on Dec 31st. Typically, 401k contributions show up at Fidelity 3-4 days after the paycheck date. Assuming this pattern holds, what determines the effective year for the 401k contribution of that paycheck? Is it the advice date of my paycheck, or when the money actual...
by evancox10
Wed Dec 09, 2015 4:24 am
Forum: Personal Finance (Not Investing)
Topic: Employer Plans: When Do Your Deductions Become Contributions?
Replies: 29
Views: 2284

Re: Employer Plans: When Do Your Deductions Become Contributions?

People should understand that the rules are different for a SIMPLE IRA than for a 401k. Comparisons might be interesting but not instructive. I looked it up and it actually doesn't seem all that different. The same "as soon as reasonably possible" standard applies, but with 2 differences:...
by evancox10
Tue Dec 08, 2015 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Employer Plans: When Do Your Deductions Become Contributions?
Replies: 29
Views: 2284

Re: Employer Plans: When Do Your Deductions Become Contributions?

More likely as the sole (main?) accountant of a small business, that person is kept fairly busy, and getting the contribution done in the week following the close of the month may be all they have time for. The fact that the company chooses to hire a busy accountant is their choice. They could easi...
by evancox10
Tue Dec 08, 2015 10:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]
Replies: 781
Views: 140663

Re: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]

While there could technically be a real transfer pricing issue here, there would have to be the political will at the IRS and/or Justice Department to pursue the matter. This may not be the case, especially considering Vanguard's status as one of the "good guys". OK we're Bogleheads. We l...
by evancox10
Tue Dec 08, 2015 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Employer Plans: When Do Your Deductions Become Contributions?
Replies: 29
Views: 2284

Re: Employer Plans: When Do Your Deductions Become Contributions?

To confuse this a bit further, there is this from the IRS Generally, plans that benefit employees other than an owner-employee (and spouse) are subject to the Department of Labor rules, which require you to transfer your employees’ elective deferral contributions to their SIMPLE IRAs at the earlies...
by evancox10
Tue Dec 08, 2015 2:27 am
Forum: Investing - Help with Personal Investments
Topic: Mortgage or 401k
Replies: 34
Views: 4900

Re: Mortgage or 401k

I'm in a similar situation, same ballpark for age and income, I don't receive any pension however. I did not want to invest in equities on leverage (ie while I still had a mortgage), but I also didn't want to lose the tax-advantaged space, whether Roth or traditional 401k or IRA, by not contributing...
by evancox10
Tue Dec 08, 2015 1:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]
Replies: 781
Views: 140663

Re: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]

While there could technically be a real transfer pricing issue here, there would have to be the political will at the IRS and/or Justice Department to pursue the matter. This may not be the case, especially considering Vanguard's status as one of the "good guys".
by evancox10
Tue Dec 08, 2015 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Employer Plans: When Do Your Deductions Become Contributions?
Replies: 29
Views: 2284

Re: Employer Plans: When Do Your Deductions Become Contributions?

The actual contribution, however, is deposited once a month into the IRA (Vanguard), anytime between the 3rd and the 9th, depending on when our accountant gets around to doing the payroll. That timing is likely to be a violation of federal and some state laws. Under what basis? As I posted earlier,...
by evancox10
Mon Dec 07, 2015 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Plans: When Do Your Deductions Become Contributions?
Replies: 29
Views: 2284

Re: Employer Plans: When Do Your Deductions Become Contributions?

SIMPLE IRA Employee contributions must be deposited in the financial institution serving as trustee for the plan as soon as reasonably possible, but no later than 30 days after the end of the month in which the amounts would otherwise have been payable to the employee in cash. For plans with fewer ...
by evancox10
Mon Dec 07, 2015 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Plans: When Do Your Deductions Become Contributions?
Replies: 29
Views: 2284

Re: Employer Plans: When Do Your Deductions Become Contributions?

SIMPLE IRA Employee contributions must be deposited in the financial institution serving as trustee for the plan as soon as reasonably possible, but no later than 30 days after the end of the month in which the amounts would otherwise have been payable to the employee in cash. For plans with fewer ...
by evancox10
Mon Dec 07, 2015 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Plans: When Do Your Deductions Become Contributions?
Replies: 29
Views: 2284

Re: Employer Plans: When Do Your Deductions Become Contributions?

SIMPLE IRA Employee contributions must be deposited in the financial institution serving as trustee for the plan as soon as reasonably possible, but no later than 30 days after the end of the month in which the amounts would otherwise have been payable to the employee in cash. For plans with fewer ...
by evancox10
Wed Oct 07, 2015 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Owning The Entire U.S. Market?
Replies: 20
Views: 2549

Re: Owning The Entire U.S. Market?

...Also, I have heard that the Total U.S. Stock Market Index is underweight in Real Estate Stocks, especially since Real Estate represents 12-13% of the U.S. Market... I would sincerely like it if you would try to find out exactly where you heard this and what was said. According to NAREIT, the Nat...
by evancox10
Mon Jul 06, 2015 2:02 am
Forum: Investing - Theory, News & General
Topic: Chinese Move to Stabilize Stock Market
Replies: 41
Views: 6802

Re: Chinese Move to Stabilize Stock Market

The Chinese government has done a lot of things to help reduce the volatility. They enacted laws regarding margin trading, cracked down on places that were loaning money to people for the purpose of investing in the stock market ... Huh?? That's literally the exact opposite of the news I've seen: I...
by evancox10
Mon Jun 29, 2015 11:53 pm
Forum: Personal Consumer Issues
Topic: Upgrading to Windows 10?
Replies: 23
Views: 3197

Re: Upgrading to Windows 10?

Then thanks, but no thanks! I absolutely love Windows 8.1, running in desktop mode with the look and feel of Windows XP or 7, but with much faster start-ups. And I was looking forward to trying out Windows 10 on a laptop first. But if loosing control of updates is a condition of accepting Windows 1...
by evancox10
Sun Jun 28, 2015 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Should I borrow if I can buy a house with cash?
Replies: 27
Views: 5265

Re: Should I borrow if I can buy a house with cash?

If the mortgage is non-recourse, you can't lose more than you put into the property (plus the taxes on inputted income when the lender writes off your loan). And where can you get a mortgage for a RENTAL property that is non-recourse? I don't think that exists but I could be mistaken. Oh wow. I'm r...
by evancox10
Sun Jun 28, 2015 4:06 pm
Forum: Personal Consumer Issues
Topic: Upgrading to Windows 10?
Replies: 23
Views: 3197

Re: Upgrading to Windows 10?

I plan to upgrade from Win 7 to Win 10. I think Microsoft might let any legal Win 8 upgrade though it may not be specifically mentioned. Nobody can say absolutely one way or the other. Do you see the Windows 10 upgrade icon in your system tray? I have 3 versions of Win 7 (32 bit home, 64 bit Home, ...
by evancox10
Sun Jun 28, 2015 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should I borrow if I can buy a house with cash?
Replies: 27
Views: 5265

Re: Should I borrow if I can buy a house with cash?

Not sure why people are so on favor of investing in real estate on margin but not stocks. Stocks in theory are lower risk than a single real estate investment due to diversification. I would say pay cash, but only invest if the expected returns are better than your current investments. If the mortg...
by evancox10
Fri Jun 12, 2015 5:20 pm
Forum: Investing - Theory, News & General
Topic: Hindsight Bias in Investing
Replies: 5
Views: 1082

Re: Hindsight Bias in Investing

I think your explanation is in an example of hindsight bias in and of itself. It is easy to look back and diagnose the difference of opinions as indicative of a bubble, while filtering out all the other times when this happens and there is no ensuing bubble. (The second part would be confirmation bi...
by evancox10
Thu Apr 02, 2015 12:38 am
Forum: Investing - Help with Personal Investments
Topic: Help with donating VG funds to charity
Replies: 9
Views: 1034

Re: Help with donating VG funds to charity

At the end of last year, I donated some regular stock that I had in a taxable Vanguard brokerage account. The process was extremely simple and occurred fairly quickly. Given this vs the complexity of donating mutual fund shares, I would highly recommend going the convert to ETF/donate from brokerage...
by evancox10
Mon Mar 23, 2015 3:34 pm
Forum: Personal Consumer Issues
Topic: External Hard Drive?
Replies: 44
Views: 5913

Re: External Hard Drive?

Definitely look into adding more RAM, especially if you recently upgraded the OS. I upgraded my mom's 3-4 year old.Mac from 10.6 (unsupported with security vulnerability) to 10.10 (or whatever the latest version is). The computer slowed to a crawl after that. Opening safari? Wait 1 minute. Try to wr...
by evancox10
Thu Mar 19, 2015 5:31 pm
Forum: Investing - Theory, News & General
Topic: Should you hold bonds and a mortgage at the same time?
Replies: 90
Views: 10487

Re: Should you hold bonds and a mortgage at the same time?

(Sorry to double post, but I ran out of time before I could actually get around to answering the OP's question. I thought I'd put it in a 2nd post, since the first one was already kind of long.) A note on short-sales in a non-recourse state: For simplicity's sake I am ignoring the possibility of a s...
by evancox10
Thu Mar 19, 2015 1:55 pm
Forum: Investing - Theory, News & General
Topic: Should you hold bonds and a mortgage at the same time?
Replies: 90
Views: 10487

Re: Should you hold bonds and a mortgage at the same time?

One of the biggest issues I see in this thread is how people assess the riskiness of a portfolio. One mistake that is being made is viewing only the "home equity" of your house (house value - mortgage) as exposed to risk. This is entirely incorrect. Consider the two following scenarios: Pe...
by evancox10
Tue Mar 03, 2015 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a home without a realtor
Replies: 23
Views: 2528

Re: Buying a home without a realtor

Gropes & Ray wrote:If you're getting a lawyer, then you don't need a realtor. A lawyer/closing company can handle the transaction, and I'm willing to bet you can negotiate a fair price by looking at comparable homes that sold in the last 12 months.

Serious question: Where do you get reliable data for this?
by evancox10
Sun Mar 01, 2015 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: RSU Cost Basis (Etrade and Turbo Tax) - Help!!
Replies: 32
Views: 23227

Re: RSU Cost Basis (Etrade and Turbo Tax) - Help!!

I can't follow at all what you mean with your questions about the statement of taxable income you received from your employer. However, I did double check on my own RSU's how the tax withholding is handled. We use the same "sell shares to withhold" method. However, the best way to think ab...