Search found 94 matches

by burnout454
Wed Sep 04, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 254
Views: 34084

Re: Forbes: The Bubble That Is The S&P 500 Index

Also this week:

https://apple.news/Avv0mqpGmRmKzt3SYKpH3Aw

I just want to learn about educated responses to these kinds of things.
by burnout454
Tue Sep 03, 2019 6:46 pm
Forum: Investing - Theory, News & General
Topic: Forbes: The Bubble That Is The S&P 500 Index
Replies: 38
Views: 7570

Forbes: The Bubble That Is The S&P 500 Index

https://apple.news/AcB10PjW9TNK5FHePJxdUzw

What do you recognize the fallacies to be, if any, in this article?
by burnout454
Fri Sep 07, 2018 12:59 am
Forum: Personal Consumer Issues
Topic: Certified Pre-Owned Cars (CPO): Is this normal?
Replies: 30
Views: 2969

Re: Certified Pre-Owned Cars (CPO): Is this normal?

So, then, is it universally understood that a car advertised as "certified" includes the certification at the listed price?
by burnout454
Thu Sep 06, 2018 11:52 pm
Forum: Personal Consumer Issues
Topic: Certified Pre-Owned Cars (CPO): Is this normal?
Replies: 30
Views: 2969

Certified Pre-Owned Cars (CPO): Is this normal?

I purchased a used Hyundai at a Hyundai dealership. The car was listed as a "certified" car on the website. At closing, I'm told that it costs more to get the certification. I was upset because my assumption is that when a car is described as "certified" online, it means that the certification is in...
by burnout454
Wed Aug 29, 2018 10:00 pm
Forum: Personal Consumer Issues
Topic: Minivan for family of 4.
Replies: 34
Views: 3617

Re: Minivan for family of 4.

Bought a 2018 Pacifica last month. We are very pleased. This is our first non-foreign car. Apple Carplay / Android Auto In Cabin 4G LTE wifi Plus, ours has the advanced safety features. I was a little annoyed that it costs $1k extra on the Pacifica compared to standard on the Odyssey and Sienna, BUT...
by burnout454
Wed Aug 15, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 121404

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Vanguard suggests this: To get the full diversification benefits, we recommend that you consider investing about 40% of your stock allocation in international stocks. I think this ill suits investors – new and old. When will we see this: Although there have been short periods where investing in Int...
by burnout454
Tue Aug 14, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Few weeks into new job recieved significantly better offer elsewhere
Replies: 103
Views: 11058

Re: Few weeks into new job recieved significantly better offer elsewhere

I'm reading this late in the conversation. One of my first thoughts was: you are more desirable and have more leverage when you have a job than when not. So I thought it could be good for them to know you have a job. You can negotiate the terms you want (foremost, a permanent job) from a strong posi...
by burnout454
Fri Aug 10, 2018 8:53 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 12600

The Bigger Story: Fidelity Expense Ratios

Forgive me if this was highlighted in one of the longer threads, but this chart seems to me a bigger story than the introduction of the two ZERO expense funds. Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. http://i65.tinypic.com/t85aiq.png If there is s...
by burnout454
Tue Aug 07, 2018 11:06 pm
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 128
Views: 10669

Re: Minivan Vs SUV Experience

Word of advice to OP: test drive one of the new Chrysler Pacificas, especially a top of the line Limited.

Highly luxurious (for a van) and has tri-sun roof across the whole top, not to mention dual TVs for kids and in-cabin wifi.
by burnout454
Thu Jul 19, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Electric/Hybrid Tax Credits
Replies: 14
Views: 1693

Re: Electric/Hybrid Tax Credits

TBillT wrote: Wed Jul 18, 2018 9:10 pm The best thing is to use Turbo Tax or other software to do a prelim tax return to see the results.
Anyone know how early online tax software is normally available ahead of January 1? November? December? (Understanding, of course, that it could be later this year due to signficant tax law changes.)
by burnout454
Wed Jul 18, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Electric/Hybrid Tax Credits
Replies: 14
Views: 1693

Re: Electric/Hybrid Tax Credits

Interesting. Any armchair tax specialists care to confirm this? Of the $2000/child tax credit, $1400 is refundable, $600 is non-refundable. So the tax credit on the PHEV would take your income tax liability to $0, and then you'd get another $1400 back for the child tax credit. The PHEV tax credit in...
by burnout454
Wed Jul 18, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Electric/Hybrid Tax Credits
Replies: 14
Views: 1693

Re: Electric/Hybrid Tax Credits

Unfortunately, all of my investments are in Roth accounts, so I cannot do a Traditional > Roth conversion. I may just buy a non-hybrid vehicle if the tax credit is only $4,000 for a mix of reasons. For example, with the tax credit at $4,000, the Chrysler hybrid is the same cost as the Honda/Toyota n...
by burnout454
Wed Jul 18, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Electric/Hybrid Tax Credits
Replies: 14
Views: 1693

Electric/Hybrid Tax Credits

Friends, For 2018, I have an expected federal income tax of $6,000. I will also receive a tax credit of $2,000 for dependent children (Child Tax Credit). Here is my question: I am looking to buy an electric/hybrid vehicle that qualifies for a tax credit up to $7,500. Will the hybrid tax credit for m...
by burnout454
Sun Dec 31, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 139
Views: 17463

Re: Confusion about prepaying property taxes

District of Columbia officials have made a case for deducting pre-payed taxes if the taxes weren't billed 2017 . . . as long as the property value was assessed and tax liabilities were set in 2017. I am in Illinois, but may use this as my basis if I am audited. https://cfo.dc.gov/release/review-irs-...
by burnout454
Sat Dec 02, 2017 12:03 am
Forum: Personal Investments
Topic: E-Trade and NOSIX vs Vanguard and VFINX
Replies: 15
Views: 2490

Re: E-Trade and NOSIX vs Vanguard and VFINX

Update December 2017:

NOSIX no longer has free trades. There is a $19.99 transaction fee!

I thought this was a pretty common 500 index fund people use at etrade, so I wonder how many have complained?
by burnout454
Wed Oct 25, 2017 11:44 pm
Forum: Investing - Theory, News & General
Topic: iShares REIT ETF
Replies: 4
Views: 1640

Re: iShares REIT ETF

Very helpful.

So it seems comparable to VNQ (despite different underlying indices). If it's been around for a while, it probably has high volume and low spreads, unlike some of the other commission free index funds that TDA just launched.
by burnout454
Wed Oct 25, 2017 10:26 pm
Forum: Investing - Theory, News & General
Topic: iShares REIT ETF
Replies: 4
Views: 1640

iShares REIT ETF

iShares ETF "USRT" is included in TDA's new list of commission free ETFs.

Can anyone tell me how it's different than iShares IYR? Is the former new or are the funds different?

I can't find much with a search.
by burnout454
Sun Oct 22, 2017 2:39 pm
Forum: Investing - Theory, News & General
Topic: Solo/Individual 401k: SECA taxes on employer contribution?
Replies: 1
Views: 288

Solo/Individual 401k: SECA taxes on employer contribution?

Hello, 1. You pay FICA taxes on 401k pre-tax employee contributions (or SECA taxes in the case of a solo 401k). But what about money I contribute to a Solo 401k as "employer contributions": do I pay SECA taxes on that money? In other words, are employer pre-tax contributions treated the same as empl...
by burnout454
Fri Sep 08, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do 20 or 25 Year Term Life Insurance?
Replies: 49
Views: 6215

Re: Should I do 20 or 25 Year Term Life Insurance?

What is the cost if you split it 500k 20 years, 500k 25 years? You may not need as much after 20 years. I've played around with the laddering options, but can't really find one that saves me money. For example: 500k @ 20 years = $21/mo 500k @ 25 years = $37/mo TOTAL = $58/mo It's cheaper ($53) just...
by burnout454
Thu Sep 07, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do 20 or 25 Year Term Life Insurance?
Replies: 49
Views: 6215

Should I do 20 or 25 Year Term Life Insurance?

Trying to decide between 20 or 25 year term life insurance. Age: 34 Children: a 2-year-old and probably another in the next couple years. Probably both children would be age 18 by the time the 20 years policy ends. $1M @ 20 Year = $36/mo (or $423/yr) $1M @ 25 Year = $53/mo (or $623/yr) Compare the c...
by burnout454
Sun Jun 04, 2017 7:40 pm
Forum: Personal Investments
Topic: What to do after maxing out all tax advantaged options?
Replies: 33
Views: 4533

Re: What to do after maxing out all tax advantaged options?

I have been a Bogleheads for the past 25 years but I did not discover this forum until a couple of years ago. I finally decided to register today to respond to this post and ask a couple of questions. Once one has maxed out all his or her tax-advantaged accounts, why not buying Berkshire Hathaway s...
by burnout454
Mon Apr 24, 2017 6:44 pm
Forum: Personal Investments
Topic: Understanding 529 State Tax Benefits
Replies: 1
Views: 484

Understanding 529 State Tax Benefits

For federal income tax, I understand that 529s are like Roth IRAs insofar as you pay tax on the front end but not on qualified distributions. For state income tax, many states make them tax-deductible. Does this mean, that for state tax, they are essentially TAX FREE , insofar as contributions are t...
by burnout454
Thu Mar 30, 2017 6:01 pm
Forum: Personal Investments
Topic: IRA Trade Commission Paid from non-IRA Cash?
Replies: 3
Views: 368

Re: IRA Trade Commission Paid from non-IRA Cash?

I'm thinking of Vanguard Brokerage.
by burnout454
Thu Mar 30, 2017 5:46 pm
Forum: Personal Investments
Topic: IRA Trade Commission Paid from non-IRA Cash?
Replies: 3
Views: 368

IRA Trade Commission Paid from non-IRA Cash?

If I trade a stock or (non-Vanguard) mutual fund in an IRA, must the $7 fee come out of the IRA cash?

Or is it possible to pay for the trade commission with cash from a non-retirement account?
by burnout454
Sun Dec 11, 2016 8:34 pm
Forum: Personal Consumer Issues
Topic: Coffee: "breakfast blend" vs "donut shop"
Replies: 10
Views: 17123

Re: Coffee: "breakfast blend" vs "donut shop"

The same brand has both donut shop and breakfast blend. Show I should assume that breakfast blend is lighter than donut shop?
by burnout454
Sat Dec 10, 2016 9:42 pm
Forum: Personal Consumer Issues
Topic: Coffee: "breakfast blend" vs "donut shop"
Replies: 10
Views: 17123

Coffee: "breakfast blend" vs "donut shop"

Does anyone know the difference between a "breakfast blend" coffee and a "donut shop" coffee? The Aldi brand has both.

Are Aldi's Barissimo K-Cups good coffee?
by burnout454
Thu Aug 04, 2016 11:16 pm
Forum: Personal Investments
Topic: Timing The Market With REITS?
Replies: 8
Views: 1834

Re: Timing The Market With REITS?

Didn't Larry Swedroe just post an article arguing that you should not buy REITs now because of excessively high valuations? I don't recall any pushback on the forum.
by burnout454
Wed Aug 03, 2016 8:42 pm
Forum: Investing - Theory, News & General
Topic: Does an international index fund of free market countries exist?
Replies: 8
Views: 1062

Re: Does an international index fund of free market countries exist?

Have you gone to Google and searched for "economic freedom index etf"? What did you find? What kind of specific things would you like posters here to help with that you didn't learn in your Google search? Sorry to have annoyed you. :wink: More than asking whether such a thing exists, I'm also putti...
by burnout454
Wed Aug 03, 2016 8:10 pm
Forum: Investing - Theory, News & General
Topic: Does an international index fund of free market countries exist?
Replies: 8
Views: 1062

Does an international index fund of free market countries exist?

If free-market economies grow faster than other less free economies, does an index fund exist consisting only of countries that have (relatively) free markets? The idea would be, say, the countries in the "Free" and "Mostly Free" countries on the Heritage Foundation/WSJ Index of Economic Freedom ( h...
by burnout454
Thu May 05, 2016 12:51 pm
Forum: Investing - Theory, News & General
Topic: Better Portfolio than Buffett's Recommended S&P 500?
Replies: 6
Views: 1916

Better Portfolio than Buffett's Recommended S&P 500?

Responses to this? The magic lies not so much in picking the best stocks as in avoiding the worst ones. Of the companies in the S&P 500 with a positive P/E ratio, for example, 43 have a return on equity less than 3 percent, and those 43 companies have an average P/E ratio of 62! Why would you pay so...
by burnout454
Thu Apr 14, 2016 12:35 pm
Forum: Personal Consumer Issues
Topic: Scheduling Flight for Minimal Jet Lag
Replies: 17
Views: 1701

Re: Scheduling Flight for Minimal Jet Lag

avoid arriving prior to hotel check-in Hotel is a non-issue for me. If the advice is to sleep some on the plane, then it would be easier to sleep on the later flight, since my body will think it's bed time. On the other hand, if I sleep for 3-4 hours on the plane, will that mean that after arriving...
by burnout454
Thu Apr 14, 2016 8:02 am
Forum: Personal Consumer Issues
Topic: Scheduling Flight for Minimal Jet Lag
Replies: 17
Views: 1701

Re: Scheduling Flight for Minimal Jet Lag

OP here. Thanks for the feedback. I welcome more general comments on which is better for jet lag. But let me ask two follow-ups: 1. I will need to leave the house at 8:00am for the noon flight. Can someone remind me: before I leave if I start to adjust my sleep schedule by an hour or two to minimize...
by burnout454
Wed Apr 13, 2016 11:55 pm
Forum: Personal Consumer Issues
Topic: Scheduling Flight for Minimal Jet Lag
Replies: 17
Views: 1701

Scheduling Flight for Minimal Jet Lag

(I hope this can fit in the "consumer issues" sub-forum, since I'm purchasing a flight.) I'm flying from Chicago (CST) to Tel Aviv. I have two options for flights and am wondering which would be best for jet lag. Flight #1: departs Chicago at Noon and arrives 10:15am local time Flight #2: departs Ch...
by burnout454
Thu Jan 28, 2016 8:23 pm
Forum: Investing - Theory, News & General
Topic: Explain Profit, Profit Growth, & Stock Price
Replies: 3
Views: 451

Explain Profit, Profit Growth, & Stock Price

I think I know the answer to this question, but its still a little confusing. Maybe you can add clarity. My question: It seems like the increase of a stock's price depends not simply on profit, but on the growth of profit. Would a stock's price increase if a company's profit stays the same over time...
by burnout454
Fri Oct 30, 2015 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Approximating Social Security
Replies: 21
Views: 3021

Re: Approximating Social Security

Jeffyscott, Notice my original post. My question was not whether or not to opt out based on the math. Instead it was, if/when I opt out, how much will I need to save to replace SS. Others were questioning the practical benefit of doing so, not me. The background information in the most recent post w...
by burnout454
Fri Oct 30, 2015 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Approximating Social Security
Replies: 21
Views: 3021

Re: Approximating Social Security

A little more background for those questioning the wisdom of opting out: As an ordained minister, I also have the tax benefit of a "housing allowance." In other words, part of my pay is called a housing allowance and therefore non-taxable. This saves me about 6,000–7,000 in federal taxes. In order t...
by burnout454
Thu Oct 29, 2015 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Approximating Social Security
Replies: 21
Views: 3021

Re: Approximating Social Security

Although it's difficult to estimate the SS benefit, would I need to invest the full 14% of my income -- the equivalent of both employee and employer contribution -- to get close to replacing SS, assuming the investment makes a 6-7% long-term rate of return?
by burnout454
Wed Oct 28, 2015 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Approximating Social Security
Replies: 21
Views: 3021

Approximating Social Security

Unlike most, I have the option to opt out of social security. My question is not whether I should do so. Instead, my question is: if I were to do so, in order to match or beat what would have been my social security benefit, should I invest the approx 7% employee contribution or the full approx 14% ...
by burnout454
Sun Oct 11, 2015 8:16 am
Forum: Investing - Theory, News & General
Topic: Missing a Segment of Stocks in My Portfolio
Replies: 8
Views: 1177

Re: Missing a Segment of Stocks in My Portfolio

60% TSM + 40% SC would pretty much achieve your goal, at the lowest cost possible, would it not? This is virtually the same style wise and preferable I think. It's better to hold total market so as stocks grow or get smaller, then don't have to be removed from one fund and added to another. VB woul...
by burnout454
Sat Oct 10, 2015 11:18 pm
Forum: Investing - Theory, News & General
Topic: Missing a Segment of Stocks in My Portfolio
Replies: 8
Views: 1177

Re: Missing a Segment of Stocks in My Portfolio

why not extended market?
Well, I want the other fund to be small cap. Extended is too much mid cap. (I wish that Vanguard SC was smaller too.)
by burnout454
Sat Oct 10, 2015 4:04 pm
Forum: Investing - Theory, News & General
Topic: Missing a Segment of Stocks in My Portfolio
Replies: 8
Views: 1177

Re: Missing a Segment of Stocks in My Portfolio

So it would be highly unlikely that enough of those 150 stocks would outperform the rest of the market to make a difference?
by burnout454
Sat Oct 10, 2015 4:00 pm
Forum: Investing - Theory, News & General
Topic: Explain the Risk Premium
Replies: 28
Views: 2368

Re: Explain the Risk Premium

small_index wrote: The risk/reward relationship was uncovered through study and measurement, not reasoning. There might be no "per se" reason for it, but research papers found it and continue to confirm it. The issue I was getting at was whether the "risk/reward relationship" was a matter of correl...
by burnout454
Sat Oct 10, 2015 8:38 am
Forum: Investing - Theory, News & General
Topic: Missing a Segment of Stocks in My Portfolio
Replies: 8
Views: 1177

Missing a Segment of Stocks in My Portfolio

Background: I am leaning towards equal parts LC & SC in my domestic equity allocation. An easy way to do this is 50/50 Vanguard LC + Vanguard SC. These two funds cover virtually all of TSM (because Vanguard LC contains Mega Cap + Mid Cap). But if I were instead to do 50/50 S&P 500 + Vanguard Small C...
by burnout454
Sat Oct 10, 2015 8:20 am
Forum: Investing - Theory, News & General
Topic: Explain the Risk Premium
Replies: 28
Views: 2368

Explain the Risk Premium

The idea that higher risk yields higher returns has never made sense to me. Rick Ferri once explained: "Smaller companies tend to outperform larger companies over time. This is due to additional concentrated risks such as a narrow industry focus, less distribution, higher cost of capital, less liqui...
by burnout454
Mon Aug 24, 2015 6:22 pm
Forum: Investing - Theory, News & General
Topic: VHT down 27% - Glitch or missed opportunity
Replies: 59
Views: 9739

Re: VHT down 27% - Glitch or missed opportunity

I think something similar happened with Vangaurd Small Cap ETF this morning. It was down 10% for a while. Now Google finance shows that it bottomed at about -14%. But (and this may be a fluke) I have a screenshot on my iPhone showing it -19.35% ($92.93) at 8:37 (central time).
by burnout454
Mon Aug 24, 2015 9:13 am
Forum: Investing - Theory, News & General
Topic: Was vanguard.com slow for anyone else this morning?
Replies: 37
Views: 3817

Re: Was vanguard.com slow for anyone else this morning?

I missed out on some good sales! Vanguard small cap ETF especially (VB): down 14% at one point this morning and hovered around -10% for a while.

Good to know my buying power will be inhibited by vanguard's site at strategic moments (sarcasm).
by burnout454
Mon Aug 24, 2015 9:05 am
Forum: Investing - Theory, News & General
Topic: Was vanguard.com slow for anyone else this morning?
Replies: 37
Views: 3817

Was vanguard.com slow for anyone else this morning?

Was vanguard.com nearly unresponsive for anyone else in the first 30 minutes of trading this morning?
by burnout454
Fri Jan 30, 2015 11:43 am
Forum: Personal Investments
Topic: How do I balance debt v. investing in my situation
Replies: 28
Views: 2930

Re: How do I balance debt v. investing in my situation

For the record, Dave Ramsey does NOT recommend taking money from retirement accounts to pay off debt (only to avoid foreclosure or bankruptcy).
by burnout454
Fri Jan 30, 2015 11:34 am
Forum: Personal Investments
Topic: Is it unusual to have NO index fund options in 403(b)?
Replies: 10
Views: 1109

Is it unusual to have NO index fund options in 403(b)?

My wife is a public school teacher in Illinois. Her 403b options are through TSA Consulting Group ( http://www.tsacg.com ). I was shocked that they have NO providers that offer low-cost index funds (see image below). The school's advisor did suggest that our only option for index funds would be thro...
by burnout454
Mon Jan 26, 2015 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Question on Interest Rates and the Fed
Replies: 3
Views: 709

Question on Interest Rates and the Fed

A simple question (I hope) . . . If the Fed were to increase interest rates, does that mean that the yield on the (10-year) treasury will go up from 1.80%? If you're wondering why I'm asking: Mortgage rates are closely associated with treasuries, and I'm curious what direct impact the Fed's rate wou...