Search found 447 matches

by g$$
Sun Nov 04, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Buy house without agent
Replies: 28
Views: 2307

Re: Buy house without agent

pennylane wrote:
Sun Nov 04, 2018 7:31 am
So you basically wasted the agents time without her getting paid. That’s nice, do you work for free also?
Or, the agent wasted OP's time by showing houses OP wasn't interested in purchasing. If OP found the house on their own then I don't see any reason to pay the agent.
by g$$
Tue Aug 21, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: What should I do with my pension lump sum?
Replies: 11
Views: 1215

Re: What should I do with my pension lump sum?

Consider taking it as an annuity?
by g$$
Sun Aug 19, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Balance Pension to non-COLA Annuity
Replies: 2
Views: 346

Re: Cash Balance Pension to non-COLA Annuity

Yes. You usually get a better-than-market deal on the annuity if you do it within the plan.
by g$$
Mon Jul 23, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Please - Need Help With Pension Plan Options
Replies: 16
Views: 1180

Re: Please - Need Help With Pension Plan Options

As another poster already commented, these are likely all equivalent in terms of value. I think you should pick the option that makes the most sense for your situation. Probably options (1), (2), or (3). The level income options don't seem to do a very good job of leveling out your income if they ar...
by g$$
Mon Jul 23, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth: automatic quarterly Roth In-plan conversion and transfer to private Roth IRA
Replies: 10
Views: 1148

Re: Mega Backdoor Roth: automatic quarterly Roth In-plan conversion and transfer to private Roth IRA

tax-wise, i don't believe there is any difference between an in-plan conversion versus a rollover to your personal Roth IRA. You have a bit more control in the Roth IRA but you may also have slightly higher expense ratios that way. I realize most expect that the expense ratios will be higher in the ...
by g$$
Sat Jul 21, 2018 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Pension Lump Sum: Short-term bonds?
Replies: 37
Views: 2185

Re: Pension Lump Sum: Short-term bonds?

Do you have to take it as a lump sum now?
by g$$
Fri Jul 20, 2018 5:05 pm
Forum: Personal Consumer Issues
Topic: Heart Rate Monitors Fitbit vs. Garmin
Replies: 31
Views: 2455

Re: Heart Rate Monitors Fitbit vs. Garmin

i love my Garmin Fenix 3. Would absolutely buy another Garmin.

No experience with Fitbit.
by g$$
Thu Jul 05, 2018 12:04 am
Forum: Investing - Theory, News & General
Topic: Are options, futures good investments?
Replies: 19
Views: 1928

Re: Are options, futures good investments?

I agree with this. Triple leveraged funds are almost certainly a terrible idea. The leverage resets daily. That makes long-term losses almost a certainty -- it's just the way the math works out. You should never buy one of these for more than a day. Without advocating that investors use 3x leverage...
by g$$
Sat Jun 30, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: Are options, futures good investments?
Replies: 19
Views: 1928

Re: Are options, futures good investments?

Options and futures are useful IMO. Boglehead purists will never own either and that's fine too. I don't see any constructive use for a triple leveraged ETF for an individual investor. If you're just starting out, I would encourage you not to overthink it, because you don't have the knowledge base ...
by g$$
Tue Jun 26, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: Reason for Airlines horrible ticket policy
Replies: 32
Views: 2365

Re: Reason for Airlines horrible ticket policy

It's not a free market.

Imagine if passengers could sell their tickets back to the airlines or to other passengers.
by g$$
Mon Jun 25, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: New York Times on current yield curve as powerful signal of recession
Replies: 44
Views: 4417

Re: New York Times on current yield curve as powerful signal of recession

The current yield curve is not inverted.

Maybe I'm missing something?
by g$$
Sat Mar 24, 2018 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Self-insuring for healthcare - how would you invest
Replies: 36
Views: 3369

Re: Self-insuring for healthcare - how would you invest

I'd pay for a health insurance policy and invest the rest in stocks/bonds.
by g$$
Wed Mar 21, 2018 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Balance Defined Benefit Plan
Replies: 17
Views: 2430

Re: Cash Balance Defined Benefit Plan

Thanks for a great thread! Wanted to follow up with a couple questions here. ... the firm will terminate it within 5-7 years after establishing the plan, thus giving the partners the ability to perform such a rollover (presumably for some, into a qualified account ... * Already max out all other ta...
by g$$
Fri Mar 16, 2018 3:07 am
Forum: Investing - Help with Personal Investments
Topic: Interactive Brokers IB Key Exasperations?!
Replies: 5
Views: 702

Re: Interactive Brokers IB Key Exasperations?!

I haven't tried to remove any funds yet. I'm still able to log into the web interface with my PC though.
by g$$
Fri Mar 16, 2018 1:36 am
Forum: Investing - Help with Personal Investments
Topic: Interactive Brokers IB Key Exasperations?!
Replies: 5
Views: 702

Re: Interactive Brokers IB Key Exasperations?!

I find the new key, the one that is integrated with the trading app, to be better than the prior solution.
by g$$
Sat Mar 10, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Rent Vs. Buy Spreadsheet
Replies: 1
Views: 411

Rent Vs. Buy Spreadsheet

Does anyone have a recommended spreadsheet for Rent vs. Buy decisions that has been updated for tax reform? I'm looking for one that takes into account the cap on property tax deductions and the new limitation on interest deductions for loans larger than $750,000.
by g$$
Mon Feb 05, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: Inverse VIX ETN down 80% after hours
Replies: 42
Views: 5953

Re: Inverse VIX ETN down 80% after hours

desafinado wrote:
Mon Feb 05, 2018 8:46 pm
g$$ wrote:
Mon Feb 05, 2018 8:45 pm
potentially stupid question here...

VIX was up more than 100% today. Doesn't it make sense XIV would go to zero?
XIV is based off VIX futures, not the spot VIX. So a large change in the spot VIX wouldn't necessarily drive it to zero.
Thanks
by g$$
Mon Feb 05, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: Inverse VIX ETN down 80% after hours
Replies: 42
Views: 5953

Re: Inverse VIX ETN down 80% after hours

potentially stupid question here... VIX was up more than 100% today. Doesn't it make sense XIV would go to zero? Nevermind. looks like this is linked to VIX futures, not the index itself. Apparently the futures on VIX didn't go up 100% today. Quite a bit less actually. But yeah, seems like somethin...
by g$$
Mon Feb 05, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Inverse VIX ETN down 80% after hours
Replies: 42
Views: 5953

Re: Inverse VIX ETN down 80% after hours

potentially stupid question here...

VIX was up more than 100% today. Doesn't it make sense XIV would go to zero?
by g$$
Thu Feb 01, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Wireless Earbuds For Running (Updates for 2018?)
Replies: 36
Views: 2840

Re: Wireless Earbuds For Running (Updates for 2018?)

Bone Conduction.

Several of the members in my running group use Aftershokz. I understand you can still hear ambient noise (since your ear isn't covered) and the sound quality is "good enough".

EDIT: Supposedly these are good for biking too.
by g$$
Sat Jan 27, 2018 4:59 pm
Forum: Investing - Theory, News & General
Topic: Who is buying 20 and 30 year bonds?
Replies: 15
Views: 1967

Re: Who is buying 20 and 30 year bonds?

I think you underestimate the portion of the market that is held by large institutional pension investors.
by g$$
Thu Jan 18, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: What are some good, older threads?
Replies: 20
Views: 2608

Re: What are some good, older threads?

A different approach to asset allocation

Econ student levers his portfolio to the max right before the 2008 crash based on advice from this book. Doubles down as things start to turn south. Slowly crawls his way back.


It's a great read.
by g$$
Sat Jan 13, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Men's MUST iron dress shirt recommendations
Replies: 49
Views: 5500

Re: Men's MUST iron dress shirt recommendations

I like the "Hyde Park" shirts at Lands End, but in mu experience they need to be tailored. Too much fabric, even on the "tailored" fit version.
by g$$
Sat Dec 30, 2017 12:58 am
Forum: Investing - Theory, News & General
Topic: Quarter end last minute sell-off again! How to leverage as much as possible next time?
Replies: 7
Views: 1385

Re: Quarter end last minute sell-off again! How to leverage as much as possible next time?

Sell futures or purchase some out of the money puts.

Enjoy your 100% guaranteed return :moneybag :moneybag :moneybag
by g$$
Wed Dec 27, 2017 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Buy And Hold Leveraged ETFs
Replies: 5
Views: 679

Re: Buy And Hold Leveraged ETFs

What is less obvious is that if the market moves sideways, you also lose money, and at surprising speed . Bingo. Let's look at a quick example where the market goes up 10% in day one then down 9% in day two. In this example the market went up 1% over a 2 day period. Most would expect the 3x leverag...
by g$$
Wed Dec 27, 2017 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Buy And Hold Leveraged ETFs
Replies: 5
Views: 679

Re: Buy And Hold Leveraged ETFs

Definitely do not do this. Most of these ETFs reset the leverage daily, which makes it nearly a mathematical certainty that your strategy will not work. Even the SEC and the fund managers advise against this strategy: https://www.sec.gov/investor/pubs/leveragedetfs-alert.htm If you really want to le...
by g$$
Fri Dec 22, 2017 7:28 pm
Forum: Investing - Theory, News & General
Topic: What is or was your target multiplier (_ x annual expenses) for retirement?
Replies: 41
Views: 5911

Re: What is or was your target multiplier (_ x annual expenses) for retirement?

Somewhere around 17-20 times expenses.

I don't know why you would need 50 or 85 times the annual expenditure. That seems like an unnecessarily large allocation of resources to me.
by g$$
Wed Dec 13, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 7593

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

If you want to use leverage, it probably makes sense to hold the position for longer than one day. Look into futures for a cheap way to do that.

-g$$
by g$$
Wed Nov 15, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Previous employer terminating pension
Replies: 15
Views: 3011

Re: Previous employer terminating pension

Option 1-B is to DCA into annuitization...taking the lump, then later on, annuitizing a portion of it each year over a series of years. Please don't do this. Insurance contracts include a load for commission and for administrative fees. Why on earth would you want to pay that load multiple times? I...
by g$$
Wed Nov 15, 2017 2:20 am
Forum: Personal Finance (Not Investing)
Topic: Previous employer terminating pension
Replies: 15
Views: 3011

Re: Previous employer terminating pension

Hello all, I just received a letter that one of my previous employers is going to be terminating their pension. They have offered lump sum payments 3 times since I left the company - which I've denied. The last time they offered, Nov 2012, the lump sum would have been $79052. Instead, I planned on ...
by g$$
Wed Nov 15, 2017 2:17 am
Forum: Personal Finance (Not Investing)
Topic: Previous employer terminating pension
Replies: 15
Views: 3011

Re: Previous employer terminating pension

CaliJim wrote:
Wed Nov 15, 2017 1:04 am
Option 1-B is to DCA into annuitization...taking the lump, then later on, annuitizing a portion of it each year over a series of years.
Please don't do this. Insurance contracts include a load for commission and for administrative fees. Why on earth would you want to pay that load multiple times?
by g$$
Mon Nov 13, 2017 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: cash balance pension - Advise
Replies: 2
Views: 404

Re: cash balance pension - Advise

Here are some very brief general comments about cash balance plans: Advantages: - Generally, the account cannot lose value. It can only increase. - You're earning an above average rate on the assets. Good luck finding a risk-free 3.87% per year in a savings account. - While the money is in the pensi...
by g$$
Thu Oct 19, 2017 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Pension Guidance
Replies: 9
Views: 1420

Re: Lump Sum Pension Guidance

This post may be useful for you.
by g$$
Tue Oct 17, 2017 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Another Pension Lump Sum Help Needed
Replies: 9
Views: 1544

Re: Another Pension Lump Sum Help Needed

Thank you. I did check immediate annuities and saw the same thing. Also saw that for a 65yo today you would need just shy of 400k to get 2161...or close to a 5.4% return for the next 20y. Seems like the annuity is pretty good, but then also I only see 3 rolling 20y periods less than 5% and they wer...
by g$$
Wed Sep 27, 2017 2:41 am
Forum: Investing - Help with Personal Investments
Topic: Help me evaluate my pension
Replies: 8
Views: 1494

Re: Help me evaluate my pension

FiveK wrote:
Tue Sep 26, 2017 7:43 pm
At your current age, assuming "no pension at all" for retirement planning purposes is not unreasonable. Thus, "keep doing what you have been doing" seems appropriate.
I think it's entirely reasonable to include the PV of your accrued benefit in your asset allocation.

-g$$
by g$$
Wed Sep 06, 2017 3:11 pm
Forum: Investing - Theory, News & General
Topic: "Moshe Milevsky on Tontines"
Replies: 61
Views: 9317

Re: "Moshe Milevsky on Tontines"

but not if the reluctance stems from a more fundamental dislike for the mortality credit aspect of the SPIA. personally, I think retirees dislike giving away control of their assets to an insurance company more than they dislike the idea of a "mortality credit". The author notes there may be legal ...
by g$$
Sat Aug 19, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: low cost one person DB plan
Replies: 35
Views: 4458

Re: low cost one person DB plan

actuary here. My advice would be to go through Schwab or get an actuary in your local area. These plans can be expensive but the tax savings make it worthwhile.

PS. I don't work at Schwab -- just know from experience that they do personal DB plans and they seem professional.
by g$$
Tue Jul 18, 2017 1:50 am
Forum: Investing - Help with Personal Investments
Topic: What Major Companies are Not Included in Standard Vanguard Index Funds?
Replies: 14
Views: 2322

Re: What Major Companies are Not Included in Standard Vanguard Index Funds?

Samsung was the #2 largest holding for vanguard total international as of 6/30/2017. https://personal.vanguard.com/us/funds/snapshot?FundId=0569&FundIntExt=INT#tab=2 Rank Holdings 1 Nestle SA 2 Samsung Electronics Co. Ltd. 3 Royal Dutch Shell plc 4 Novartis AG 5 Tencent Holdings Ltd. I doubt anyone ...
by g$$
Wed Apr 26, 2017 3:56 pm
Forum: Local Chapters and Bogleheads Community
Topic: favorite bogleheads posts?
Replies: 113
Views: 24722

Re: favorite bogleheads posts?

LadyGeek wrote:I think you mean this one: A different approach to asset allocation
I love that thread. Someone could probably print it out, bind the pages, and sell it as a novel. So good.
by g$$
Tue Apr 18, 2017 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: 6732.80 Refund
Replies: 4
Views: 1055

Re: 6732.80 Refund

I agree that this sounds like a scam.
by g$$
Thu Apr 13, 2017 1:10 am
Forum: Personal Consumer Issues
Topic: Trip Ideas - San Francisco & Northern CA
Replies: 31
Views: 3476

Re: Trip Ideas - San Francisco & Northern CA

Lots of great ideas. I'll add one that I think hasn't been mentioned yet: Point Bonita Light House. https://en.m.wikipedia.org/wiki/Point_Bonita_Lighthouse Took me 15 years living in the Bay Area to "find" it :) This is a good suggestion. It is close to the city, has great views, and interesting hi...
by g$$
Thu Mar 30, 2017 9:26 am
Forum: Investing - Theory, News & General
Topic: Mega Backdoor: In-Plan vs Out-of-plan conversion
Replies: 20
Views: 1850

Re: Mega Backdoor: In-Plan vs Out-of-plan conversion

I've been trying to get this implemented at my megacorp. Can anyone share the name of an employer that already offers this option? I think a concrete example would go a long way with my employer.

-g$$
by g$$
Sat Mar 25, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Options
Replies: 19
Views: 2252

Re: Pension Options

FYI, if you're employer ever terminates the pension plan they'll have to buy you an annuity from a private insurance company. You could end up with option #2 some years down the line without having to pay anything extra.
by g$$
Sat Mar 25, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Options
Replies: 19
Views: 2252

Re: Pension Options

I would strongly recommend you *not* go down path #2. It's not surprising at all that you get a lower payout, even though it's essentially the same payment form. With option #2 you're paying for negligibly lower credit risk (since your payout is probably already insured by the PBGC), and more admini...
by g$$
Fri Mar 10, 2017 4:30 pm
Forum: Personal Consumer Issues
Topic: What to do with all these passwords ?
Replies: 125
Views: 16757

Re: What to do with all these passwords ?

I use Keepass and I love it.
by g$$
Sun Feb 05, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: TSP Expense Ratio jumps to 0.038%
Replies: 72
Views: 10195

Re: TSP Expense Ratio jumps to 0.038%

xPat wrote:It was .028% in 2015, right? That's a pretty big jump...
Is this sarcasm? Still seems like an exceedingly reasonable fee to me.