Search found 472 matches

by bling
Sat Jul 04, 2020 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Manager vs. Direct report salary issues
Replies: 138
Views: 8462

Re: Manager vs. Direct report salary issues

simple thought exercise. if you suddenly disappeared for a month, what's the impact to the business? what if your top-performing IC disappeared instead?

everyone is replaceable. how much you get compensated is based on how painful it is to the business when you're gone.
by bling
Sat Jul 04, 2020 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 2667
Views: 213547

Re: Refinance Mega Thread

for those who have refinanced multiple times before, what's your threshold for when it's worthwhile? most threads talk about about it terms of the expectation you'll still be living in your home. but what about the actual cost savings? i refinanced earlier in the year with better.com, and the amex c...
by bling
Sun May 31, 2020 8:02 pm
Forum: Investing - Theory, News & General
Topic: Should one permanently reduce REITs/RE because of COVID-19?
Replies: 18
Views: 2317

Re: Should one permanently reduce REITs/RE because of COVID-19?

1) it's already priced in. 2) corporate offices are a small fraction of the overall REIT market. 3) more WFH means more bandwidth means more communication towers, more storage facilities for all the stuff you're ordering online, more food/grocery delivery (which also need locations to cook/store), e...
by bling
Sat May 30, 2020 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Refi from 3.125% 30 yr fxd convo - when now-8/24?
Replies: 9
Views: 763

Re: Refi from 3.125% 30 yr fxd convo - when now-8/24?

i was also targeted with the same offer and i closed 2-3 months ago. are you saying that there's nothing in the terms & conditions anywhere that says it's one-use only?
by bling
Wed May 27, 2020 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Good Time for a HELOC
Replies: 20
Views: 1918

Re: Good Time for a HELOC

HELOCs are great for the added flexibility. if you need it, it's there. you don't, that's fine too. i got a prime - 0.75% HELOC before the pandemic, and with rates dropping my effective rate is 2.5% right now. so i'm paying 3 months of my mortgage in advance for a little bit of rate arbitrage. Aren...
by bling
Mon May 25, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 173
Views: 33461

Re: Best cash-back credit card right now?

It's good to know and test. Unfortunately, I don't usually buy at Costco and Walmart. I get 2.75% on groceries using AAA visa signature with BoA. The extra 0.75% is not worth the fee for me. Can you do better without this 'arbitrage'? Bump. Something amazing happened It used to be that the +0.75% o...
by bling
Mon May 25, 2020 7:54 am
Forum: Investing - Theory, News & General
Topic: Order of investing accounts, what to do when getting to brokerage?
Replies: 10
Views: 750

Re: Order of investing accounts, what to do when getting to brokerage?

there's no proper order. if you're a high earner, then you can max out all your tax-advantaged space and any extra goes to taxable. if you're not a high earner and cannot max out, then it's a bit more tricky. you don't want all of your resources tied up in requirement accounts because there's a pena...
by bling
Sun May 24, 2020 9:14 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 370
Views: 31272

Re: The axe falls and I am prepared. What's next?

At the least, you're in a better position that what you imagined as your worst case retirement plan. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=220234 If keeping up with the latest tech updates is getting harder, how about taking a lesser job just to keep benefits, some cash flow and serv...
by bling
Sun May 24, 2020 9:04 am
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 7507

Re: Has anyone ever used their Emergency Fund?

no, because i've never had one.

have i executed my emergency plan? yes, multiple times.
by bling
Sun May 24, 2020 9:00 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 370
Views: 31272

Re: The axe falls and I am prepared. What's next?

At the least, you're in a better position that what you imagined as your worst case retirement plan. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=220234 If keeping up with the latest tech updates is getting harder, how about taking a lesser job just to keep benefits, some cash flow and serv...
by bling
Sat May 23, 2020 4:02 pm
Forum: Investing - Theory, News & General
Topic: REITs in a world of WFH + social distancing
Replies: 27
Views: 2050

Re: REITs in a world of WFH + social distancing

https://www.reit.com/data-research/reit ... -subsector

all in all, office + retail only make up 17% of the REIT market by cap weight.
by bling
Sat May 23, 2020 3:52 pm
Forum: Investing - Theory, News & General
Topic: REITs in a world of WFH + social distancing
Replies: 27
Views: 2050

Re: REITs in a world of WFH + social distancing

Another factor to consider - while more people will work from home, for the remaining people that do need to be in an office type setting, they will require a lot more space than previously, due to distancing requirements. So it remains to be seen what the overall impact will be. That kind of deden...
by bling
Sat May 23, 2020 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Good Time for a HELOC
Replies: 20
Views: 1918

Re: Good Time for a HELOC

HELOCs are great for the added flexibility. if you need it, it's there. you don't, that's fine too. i got a prime - 0.75% HELOC before the pandemic, and with rates dropping my effective rate is 2.5% right now. so i'm paying 3 months of my mortgage in advance for a little bit of rate arbitrage. Aren...
by bling
Sat May 23, 2020 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Good Time for a HELOC
Replies: 20
Views: 1918

Re: Good Time for a HELOC

HELOCs are great for the added flexibility. if you need it, it's there. you don't, that's fine too. i got a prime - 0.75% HELOC before the pandemic, and with rates dropping my effective rate is 2.5% right now. so i'm paying 3 months of my mortgage in advance for a little bit of rate arbitrage.
by bling
Sat May 23, 2020 12:47 pm
Forum: Investing - Theory, News & General
Topic: REITs in a world of WFH + social distancing
Replies: 27
Views: 2050

Re: REITs in a world of WFH + social distancing

as someone who has a large REIT allocation i've also thought about this a lot. in the end, i'm staying the course. here's what i'm thinking. 1) as others have mentioned, REITs is more than just office space. all the people who WFH will continue to buy stuff, and all that stuff needs to be stored so...
by bling
Sat May 23, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: REITs in a world of WFH + social distancing
Replies: 27
Views: 2050

Re: REITs in a world of WFH + social distancing

Another factor to consider - while more people will work from home, for the remaining people that do need to be in an office type setting, they will require a lot more space than previously, due to distancing requirements. So it remains to be seen what the overall impact will be. That kind of deden...
by bling
Fri May 22, 2020 9:54 pm
Forum: Investing - Theory, News & General
Topic: REITs in a world of WFH + social distancing
Replies: 27
Views: 2050

Re: REITs in a world of WFH + social distancing

as someone who has a large REIT allocation i've also thought about this a lot. in the end, i'm staying the course. here's what i'm thinking. 1) as others have mentioned, REITs is more than just office space. all the people who WFH will continue to buy stuff, and all that stuff needs to be stored so...
by bling
Fri May 22, 2020 8:41 pm
Forum: Investing - Theory, News & General
Topic: REITs in a world of WFH + social distancing
Replies: 27
Views: 2050

Re: REITs in a world of WFH + social distancing

as someone who has a large REIT allocation i've also thought about this a lot. in the end, i'm staying the course. here's what i'm thinking. 1) as others have mentioned, REITs is more than just office space. all the people who WFH will continue to buy stuff, and all that stuff needs to be stored so...
by bling
Fri May 22, 2020 4:41 pm
Forum: Investing - Theory, News & General
Topic: REITs in a world of WFH + social distancing
Replies: 27
Views: 2050

Re: REITs in a world of WFH + social distancing

as someone who has a large REIT allocation i've also thought about this a lot. in the end, i'm staying the course. here's what i'm thinking. 1) as others have mentioned, REITs is more than just office space. all the people who WFH will continue to buy stuff, and all that stuff needs to be stored som...
by bling
Thu May 21, 2020 7:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 21753

Re: Vanguard brokerage account transition

question for those who have done something similar before... 1) do you know whether fidelity and/or schwab accept vanguard mutual funds "in-kind"? 2) if not, when you liquidate, are you out of the market during this time? when i rolled over my old 401k to my new 401k they mailed me a check that i ne...
by bling
Wed May 20, 2020 5:44 pm
Forum: Investing - Theory, News & General
Topic: Best Overall Online Brokerage Account
Replies: 31
Views: 2090

Re: Best Overall Online Brokerage Account

Quest2Invest wrote:
Wed May 20, 2020 2:46 am
bling wrote:
Tue May 19, 2020 8:16 pm
have you tried using their software and not the website?
What software are you referring to?
https://www.merrilledge.com/dashboard
by bling
Tue May 19, 2020 8:16 pm
Forum: Investing - Theory, News & General
Topic: Best Overall Online Brokerage Account
Replies: 31
Views: 2090

Re: Best Overall Online Brokerage Account

have you tried using their software and not the website?
by bling
Tue May 19, 2020 4:12 pm
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 108
Views: 10137

Re: Why no love for REITs?

I'm very on the fence about them. I like the idea that REITs might have relatively low correlations to the general stock market, and I like that they should provide inflation protection. However, I have read that REITs don't provide anything that can't be explained by the Fama-French equity model p...
by bling
Mon May 18, 2020 10:46 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1775
Views: 141659

Re: Small Cap Value heads Rejoice !!!

FINALLY!

now that everyone's cheering, i'm pretty sure it's gonna close in the red.
by bling
Sun May 17, 2020 2:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8796

Re: Vanguard Mutual Fund Platform EOL

Any reasonably competent engineer should be able to design the brokerage and mutual fund only platform implementations in a way that there is no duplicated logic. It's a pretty basic concept called code reuse. Anakin no one is saying they can't do it. engineers are expensive, and companies can choo...
by bling
Sun May 17, 2020 9:48 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13157

Re: S&P500 vs World Performance

I'll stick with the overwhelming winner, the S&P 500 Index fund, until it's not the winner. Good luck with that. Investing in something until it is not the winner literally means you'll sell after it underperforms. The point is I've been in the S&P 500 for 20 years and it has been the clear winner....
by bling
Sun May 17, 2020 8:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8796

Re: Vanguard Mutual Fund Platform EOL

https://www.bogleheads.org/forum/viewtopic.php?t=148757#p2223489 wow, all of that is self-inflicted. divide your money by the current share price and enter that in. execute at market price (why are you buying illiquid ETFs for you to be concerned about spreads??). done. Uhm... No. Market price is n...
by bling
Sat May 16, 2020 10:34 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8796

Re: Vanguard Mutual Fund Platform EOL

What is their equivalent of VTWAX? buy VT instead? it's 0.02% cheaper too. https://www.bogleheads.org/forum/viewtopic.php?t=148757#p2223489 wow, all of that is self-inflicted. divide your money by the current share price and enter that in. execute at market price (why are you buying illiquid ETFs f...
by bling
Sat May 16, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: Why it’s a good idea to hold long term Treasuries as your emergency fund
Replies: 114
Views: 9260

Re: Why it’s a good idea to hold long term Treasuries as your emergency fund

Why have an emergency fund at all? To prevent me from panic selling equities when they are down 30% and the world seems like it’s ending. That sounds more like a "bucket strategy" than an "emergency fund." By my personal definition of emergency fund, you also need to take into account liquidity, ac...
by bling
Fri May 15, 2020 8:09 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8796

Re: Vanguard Mutual Fund Platform EOL

sigh. once this happens to my account i'm outta there. why would i stay with vanguard when fidelity/schwab have a better offering? What is their equivalent of VTWAX? buy VT instead? it's 0.02% cheaper too. https://www.bogleheads.org/forum/viewtopic.php?t=148757#p2223489 wow, all of that is self-inf...
by bling
Thu May 14, 2020 6:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8796

Re: Vanguard Mutual Fund Platform EOL

Vulcan wrote:
Thu May 14, 2020 9:58 am
bling wrote:
Wed May 13, 2020 7:48 pm
sigh. once this happens to my account i'm outta there. why would i stay with vanguard when fidelity/schwab have a better offering?
What is their equivalent of VTWAX?
buy VT instead? it's 0.02% cheaper too.
by bling
Wed May 13, 2020 8:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8796

Re: Vanguard Mutual Fund Platform EOL

sigh. once this happens to my account i'm outta there. why would i stay with vanguard when fidelity/schwab have a better offering? Why are you still with Vanguard if you admit that Fidelity and Schwab are better? I was very happy to leave Vanguard for Schwab and don't regret it for a second. lazine...
by bling
Wed May 13, 2020 7:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8796

Re: Vanguard Mutual Fund Platform EOL

sigh. once this happens to my account i'm outta there. why would i stay with vanguard when fidelity/schwab have a better offering?
by bling
Tue May 12, 2020 8:23 pm
Forum: Investing - Theory, News & General
Topic: Considering a "Callan Diversification" style AA - your opinion
Replies: 35
Views: 1315

Re: Considering a "Callan Diversification" style AA - your opinion

i sliced and diced my portfolio a decade ago and i can say now it wasn't worth it. 1) your stock vs bond allocation makes the most difference by far, it's not even close. 2) next up is your US vs ex-US. international has returned ~4% CAGR for the past decade. no tilting can compensate for that. all ...
by bling
Tue May 12, 2020 7:39 pm
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 108
Views: 10137

Re: Why no love for REITs?

Well my VNQ is doing terrible today -- down 3.62%. I think it will continue to drop until a vaccine is around. Yikes. ouch, closed -4.55%... then again, small caps got crushed across the board as well. IJR -3.71% (ishares small cap) IJS -3.77% (ishares small cap value) VB -3.27% (vanguard small cap...
by bling
Sun May 10, 2020 6:04 pm
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 108
Views: 10137

Re: Why no love for REITs?

for those with > 10% allocation towards REITs, has recent events changed your perspective or not? whether you're staying the course or not, why/why not?
by bling
Sun May 10, 2020 12:28 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13606

Re: Will "work from home" destroy the commercial real estate market?

My employer has decided to keep all our offices closed at least into early 2021. We were one of the first major companies to close and we'll be one of the last to open. We closed in the first week of March and may well be closed till next March. After a year+ of WFH I think it will be here to stay ...
by bling
Sat May 09, 2020 2:24 pm
Forum: Investing - Theory, News & General
Topic: The advice you give vs the approach you use
Replies: 36
Views: 2158

Re: The advice you give vs the approach you use

i tell them to use a target-date fund with a glide path that matches their risk tolerance.

personally, i slice and dice and tilt the hell out of everything. which....hasn't been good to me the past decade. :oops:
by bling
Sat May 09, 2020 2:21 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13606

Re: Will work from home destroy the commercial real estate market?

Destroy it? I highly doubt it. Will life be different following this? For a few years, until everyone forgets. +1. People have very short memories.... perhaps, but going back to normal will be a gradual change, not sudden. which means, as long as talent demands WFH, it will naturally become a part ...
by bling
Sat May 09, 2020 9:44 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13606

Re: Will "work from home" destroy the commercial real estate market?

What about the cybersecurity aspect of this? I would think that from the corporate IT security perspective, having most of the workers in the office would be more secure than having them scattered at home all over the place. I am not a tech expert, so maybe I am wrong, but just throwing this out th...
by bling
Sat May 09, 2020 9:04 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13606

Re: Will "work from home" destroy the commercial real estate market?

i have a large REIT allocation in my portfolio and every other day i'm debating whether to cut back or eliminate it... nonetheless, all of this information should already be priced in. so the real question is whether the future expected return will be any different than historical performance. there...
by bling
Sun May 03, 2020 2:28 pm
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16308

Re: American exceptionalism

Interesting question! Taking out the top 4 big tech stocks knocks off about half the return of TSM over the last 15 years. Although this probably exaggerates the effect since earlier in time the companies were a smaller % of the index, but I'm not sure how to implement a dynamic % allocation over t...
by bling
Sun May 03, 2020 2:23 pm
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16308

Re: American exceptionalism

i don't quite follow the logic that owning 100% US stocks is sufficient because they do business overseas. the exact same thing also applies in ex-US. we are the biggest consumers in the world and it boggles my mind that all of the companies exporting goods to us did not do so well in the past deca...
by bling
Sun May 03, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16308

Re: American exceptionalism

Dottie57 wrote:
Sun May 03, 2020 10:32 am
With all of the exceptionalism here, remember the exceptional greed that caused the Great Recession.
didn't matter back then and doesn't matter right now. ex-US has fallen more and recovered/recovering less.
by bling
Sun May 03, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16308

Re: American exceptionalism

i don't quite follow the logic that owning 100% US stocks is sufficient because they do business overseas. the exact same thing also applies in ex-US. we are the biggest consumers in the world and it boggles my mind that all of the companies exporting goods to us did not do so well in the past decad...
by bling
Fri May 01, 2020 7:23 am
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 42010

Re: Why international?

like many others i've held international at market cap for the past decade. ditching the plan now would seem like the worst possible time to do it. if you're still accumulating you could put new funds into US only, but modifying existing allocations seems like locking in your losses without the chan...
by bling
Thu Apr 30, 2020 6:40 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri: "You have to stick with that plan for the rest of your life."
Replies: 61
Views: 8890

Re: Rick Ferri: "You have to stick with that plan for the rest of your life."

my very first portfolio had a 10% allocation towards commodities. the reasoning back then was that it had low correlation with stocks and bonds and thus improved diversification. that was true back then, and it is true today. i'm also glad i ditched this plan 10 years ago because commodities has ret...
by bling
Wed Apr 29, 2020 2:39 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri: "You have to stick with that plan for the rest of your life."
Replies: 61
Views: 8890

Re: Rick Ferri: "You have to stick with that plan for the rest of your life."

nisiprius wrote:
Wed Apr 29, 2020 1:01 pm
...
i guess at the end everyone's definition of "equal weight" is different. when i think of "equal weight", i'm thinking of the morning star boxes.

the funds you mentioned are anything but...

Code: Select all

EQAL:
13 9  5
19 16 13
13 5  2

EQWL
51 29 14
4  0  0
0  0  0

RSP
20 15 9
24 17 8
3  0  0
by bling
Tue Apr 28, 2020 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: [One stop shop with BoA / Merrill Edge]
Replies: 34
Views: 2060

Re: [One stop shop with BoA / Merrill Edge]

the biggest perk is the credit card bonus. your floor is 2.625% cashback and your ceiling is 5.25% with bonus spend.