Search found 227 matches

by adave
Sat Oct 03, 2015 2:10 pm
Forum: Investing - Theory, News & General
Topic: Role for active funds in portfolio
Replies: 7
Views: 1040

Role for active funds in portfolio

What role should active funds play in a portfolio? Is there no place for active funds from high quality fund shops in a premarily passive portfolio? ALT, EM, Small cap, foreign -- active managers may add value in such slices of the portfolio When mixed with index funds overall fees for portfolio are...
by adave
Wed Sep 23, 2015 9:50 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 205770

Re: QSPIX - thoughts on interesting fund

Long/short equity fund, not equity market neutral.
by adave
Wed Sep 23, 2015 9:23 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 205770

Re: QSPIX - thoughts on interesting fund

QLENX is an excellent offering from AQR in my opinion as well - easier to understand long/short equity strategy which has returned above 7% YTD with 6% yield. ER 1.6% is steep but you are getting a well managed hedged equity product. I would have to agree that understanding the QSPIX strategy is cer...
by adave
Mon Sep 21, 2015 9:17 pm
Forum: Investing - Theory, News & General
Topic: Active Management for International investing?
Replies: 14
Views: 1629

Re: Active Management for International investing?

Not all fund shops are created equal. Many active shops can often top benchmarks esp in non-US and non-large cap areas.
by adave
Mon Sep 21, 2015 7:11 pm
Forum: Investing - Theory, News & General
Topic: Active Management for International investing?
Replies: 14
Views: 1629

Re: Active Management for International investing?

I use index funds for domestic large cap equities -- and active funds for all other categories - small cap, foreign, emerging, alt, bonds etc. Many active funds in these area crush benchmarks. There is a role for active funds in a good portfolio for sure.
by adave
Sat Sep 19, 2015 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Or Pre-Tax - If I'm In 35% Tax Bracket
Replies: 28
Views: 3076

Re: Roth Or Pre-Tax - If I'm In 35% Tax Bracket

Roth seems to be the best bet if you feel taxes will rise in the future and you will likely be in the same or higher tax bracket when you retire. For me, I felt both had high odds of occurring.
by adave
Mon Sep 07, 2015 9:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1493856

Re: U.S. stocks in freefall

My goal is to save a large enough nest egg that I don't have to sell anything during my lifetime - support my lifestyle without dipping into principal.

Granted it is a lofty goal but worth a shot. Retirement is not a big goal of mine but financial independence is.
by adave
Sat Sep 05, 2015 6:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1493856

Re: U.S. stocks in freefall

In general I find trying to figure out/predict/deal with the markets very stomach-turning and anxiety creating -- so I do the only thing I know how to. Buy some more stocks/funds when it goes down and plan to hold forever. Never sell even when it gets really ugly. Never lock in those losses and just...
by adave
Sat Sep 05, 2015 2:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1493856

Re: U.S. stocks in freefall

While granted I was a newbie investor back in 2008 - 2009 - I recall feeling that there could be massive bank failures and complete collapse of the financial system was possible. This correction simply doesn't feel as ominous to me - so I will continue to buy equities little bit at a time. We shall ...
by adave
Mon Jun 17, 2013 10:51 pm
Forum: Personal Consumer Issues
Topic: Wanting to spend money all of a sudden
Replies: 76
Views: 8125

Re: Wanting to spend money all of a sudden

I plan on giving up a substantial part of my income to cut my hours back 40% starting the end of this year. Just isn't worth the stress and pain anymore. Making a lot of money is great but it is more important to enjoy your life and have free time for the things you enjoy imo! I am also 36.
by adave
Wed Oct 24, 2012 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: What does it feel like to have $1M+ liquid?
Replies: 126
Views: 15693

Re: What does it feel like to have $1M+ liquid?

The $1 million in invested assets is a financial goal for me. I will celebrate a little with a fine bottle of wine when I get there. Being a goal oriented person - setting such goals really helps me focus on getting there and not sidetracked by the new car I am lusting after etc. When I don't have s...
by adave
Fri Oct 12, 2012 9:57 am
Forum: Personal Finance (Not Investing)
Topic: I finally peeked at part of my account
Replies: 33
Views: 4753

Re: I finally peeked at part of my account

I feel the same way about losing interest in investing for some reason. I ended up with TR in my tax exempt space and tax-manged balanced fund in my taxable. Probably not your typical portfolio - but I rarely even look at it now. I feel a strange sense of calm about it and feel like I have a lot mor...
by adave
Mon Oct 08, 2012 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Medical specialty, longer residencies worth it?
Replies: 55
Views: 9719

Re: Medical specialty, longer residencies worth it?

I knew about half-way through my 4th year that clinical medicine was not for me. While I found it intellectually stimulating, the other stuff that goes along with it - endless paperwork, fighting insurance companies, non-compliant patients, endless boring consults etc. really drained me. I ended up ...
by adave
Sat Jun 23, 2012 11:21 am
Forum: Investing - Theory, News & General
Topic: Do you regret saving too much?
Replies: 74
Views: 11526

Re: Do you regret saving too much?

I think everyone should have a few indulgences to make life worth living, perhaps food, wine, travel, friends, sport... whatever. I believe if you don't make dumb financial decisions elsewhere in your life you can easily afford a few nice indulgences and save plenty for retirement. My uncle is so fr...
by adave
Sat Jun 09, 2012 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: your financial assets > debt?
Replies: 56
Views: 4499

Re: Poll: your financial assets > debt?

Debt? What is that? :D
by adave
Fri Jun 08, 2012 10:59 am
Forum: Investing - Theory, News & General
Topic: Bogleheads advice for getting rich
Replies: 63
Views: 7823

Re: Bogleheads advice for getting rich

I would agree that your education is much more important than your asset allocation.
by adave
Fri Jun 08, 2012 10:20 am
Forum: Investing - Theory, News & General
Topic: Target-date funds: A retirement game changer?
Replies: 14
Views: 2268

Re: Target-date funds: A retirement game changer?

I certainly agree with the salient points above. I would like to say, however, that the benefit of Target funds in my personal case was simple -- I tend to be my own worst enemy when it comes to investing. I has taken me probably 10 yrs to understand this fact - that I cannot help tinker with and me...
by adave
Mon Jun 04, 2012 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Do "tax managed" target retirement funds exist?
Replies: 3
Views: 533

Do "tax managed" target retirement funds exist?

I know TR vanguard funds are considered tax inefficient, but I have mostly taxable accounts with very limited tax deferred space. I am wondering if there are any tax efficient single target retirement type funds out there, in other companies?
by adave
Mon Jun 04, 2012 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 504
Views: 111053

Re: Anyone regret paying off mortgage early?

Sounds morbid, but one main reason I paid it off was to keep finances simple for my wife if I died suddenly. My wife doesn't really get involved with our finances so keeping this simple is important. This is the same reason I like to keep all our investment money at Vanguard.
by adave
Sat Jun 02, 2012 8:25 pm
Forum: Investing - Theory, News & General
Topic: always put bonds in tax-deferred first?
Replies: 46
Views: 4680

Re: always put bonds in tax-deferred first?

would the current low interest rate environment make is reasonable to put TR funds in taxable?
by adave
Fri Jun 01, 2012 12:58 pm
Forum: Personal Consumer Issues
Topic: washing machine died, soliciting advice
Replies: 24
Views: 2315

Re: washing machine died, soliciting advice

I am not a fan of front loaders at all.

I would go with a top loader - HE unit. I have one from LG and it rocks.
by adave
Fri Jun 01, 2012 9:32 am
Forum: Investing - Theory, News & General
Topic: How low can it go (10 year treasury edition)
Replies: 116
Views: 6496

Re: How low can it go (10 year treasury edition)

this is crazy. Fed pushing people into stocks, yet everyone still wants to buy bonds. Seems like if you can stomach some volatility for several yrs stocks are the best bet.
by adave
Thu May 31, 2012 12:14 pm
Forum: Investing - Theory, News & General
Topic: How low can it go (10 year treasury edition)
Replies: 116
Views: 6496

Re: How low can it go (10 year treasury edition)

Man, they are making it tough to put money in bonds. This is sad since I prefer the safety of bonds but can't tolerate losing so much purchasing power. Seems like paying off debt followed by stocks is all I can do right now.
by adave
Wed May 30, 2012 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage because it FEELS good?
Replies: 125
Views: 10797

Re: Pay off mortgage because it FEELS good?

Also keep in mind that property tax delinquency will generally result in a tax lien, not foreclosure. People don't lose their house generally for not paying property taxes. So in a case of serious crisis, you wont lose your house if you don't owe the bank.
by adave
Tue May 29, 2012 9:18 am
Forum: Personal Consumer Issues
Topic: On growing old
Replies: 71
Views: 10989

Re: On growing old

How do you guys cope with thoughts of regret as you age? I don't have many, but at age 35 currently, find many times when thoughts of regret about things I didn't do in my youth, or sacrifices I made in my young days for career etc. pop into my mind a lot more. I have very littel to complain about r...
by adave
Tue May 29, 2012 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Preferred portfolio tracker?
Replies: 9
Views: 1158

Preferred portfolio tracker?

My money is split up between Vanguard, Fidelity, Employee Fud and a couple of other place.

I am looking for a way to input all my holding into one website or software and get a detailed breakdown of asset classes with % etc. so as to be able to rebalance properly.

Thanks.
by adave
Mon May 28, 2012 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage because it FEELS good?
Replies: 125
Views: 10797

Re: Pay off mortgage because it FEELS good?

Why not consider your home and home equity as part of your total portfolio?? It is a hard asset, which should go up in value a little bit more than inflation. I view my paid off house as part of my wealth/portfolio along with stocks, bonds, gold etc. I take it into account when designing my investme...
by adave
Sun May 27, 2012 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage because it FEELS good?
Replies: 125
Views: 10797

Re: Pay off mortgage because it FEELS good?

Psychologically, paying off my mortgage was a huge deal. It made me feel very good to be able to do it at a fairly young age, like a reaffirmation that I am on the right fiscal path. Debt is a useful tool in business, but IMO not so useful in personal finance. It always bothered me that I could make...
by adave
Sat May 26, 2012 3:27 pm
Forum: Investing - Theory, News & General
Topic: When Full Faith and Credit is not good enough?
Replies: 31
Views: 2747

Re: When Full Faith and Credit is not good enough?

A true US default is an impossibility imo - it would be a world wide economic disaster the scope of which cannot be imagined. powers that be won't let it happen. eventually, we will have some form of austerity here (raise retirement age, means testing, higher taxes etc).
by adave
Thu May 24, 2012 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: asset protection for doctors
Replies: 51
Views: 5654

Re: asset protection for doctors

Move to Texas. Med mal is basically dead here.
by adave
Tue May 22, 2012 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Low risk & small high risk portfolio structure
Replies: 5
Views: 519

Low risk & small high risk portfolio structure

I am curious about a portfolio structure where there is a large base of safe investments with a small percentage of very high risk holding, for example 80% treasuries and 20% small cap stock or EM stocks etc. Has anyone studied such a portfolio structure and how would it hold up against these usual ...
by adave
Fri Apr 13, 2012 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement and Taxable account
Replies: 5
Views: 775

Target Retirement and Taxable account

I am fairly young (35) and in the highest tax bracket. I have been using Target Retirement 2035 (VTTHX) for a while now in my 401k/IRA which is maxed out. I like having just one fund and just invest the money and leave it and not have to mess with it. However, I now have money that will be going int...
by adave
Tue Feb 21, 2012 9:36 pm
Forum: Investing - Theory, News & General
Topic: New American Dream is renting to get rich - Reuters
Replies: 162
Views: 12294

Re: New American Dream is renting to get rich - Reuters

Housing is a place for you to sleep and store your junk. A home is the place where you live and share love with your family. A home is your castle. There's no lease to renegotiate. A home is where your dog(s) run free in the yard. It's where you build your kids a tree fort. A home is where you set ...
by adave
Tue Feb 21, 2012 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Interesting analysis for physicians: MDs deceptive income
Replies: 119
Views: 11805

Re: Interesting analysis for physicians: MDs deceptive incom

For most docs being a doctor is still about being a doctor...using your skill and intellect to help people, interest in science etc not making money. I enjoy it and I make a lot of money but I rarely even think about it.
by adave
Sun Feb 19, 2012 4:00 pm
Forum: Investing - Theory, News & General
Topic: New American Dream is renting to get rich - Reuters
Replies: 162
Views: 12294

Re: New American Dream is renting to get rich - Reuters

I spend like $50 a month on a guy taking care of my yard and small stuff around the house. If you buy a quality build, home maintenance shouldn't eat up that much of your time imo. All of this talk about how renting is better than home ownership these days has got me confused, why is it all of sudde...
by adave
Tue Jan 31, 2012 12:39 am
Forum: Personal Finance (Not Investing)
Topic: Why do people think different when buying housing?
Replies: 89
Views: 6149

Re: Why do people think different when buying housing?

You spend a huge portion of your time on this earth in your house. I really couldn't imagine buying a house that was just "good enough". It should be a place you enjoy being.
by adave
Fri Aug 26, 2011 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: A "different" paying off the mortgage question
Replies: 29
Views: 4099

I vote for paying off the note. I really don't think you can go wrong with it. I like to calculate how much my interest payment to the bank is PER DAY. It helps put it into perspective for me how much money I hand over to the bank every time I get up in the morning. This made me want to pay it down ...
by adave
Mon Aug 01, 2011 3:10 pm
Forum: Personal Consumer Issues
Topic: Does anyone here NOT like traveling?
Replies: 153
Views: 16686

I think people rush through vacations/travel to see everything rather than enjoy it. I prefer to limit the area to see and spend a few days extra to be able to relax more. For example, we enjoy Hawaii, but I will only visit one island at a time and spend a good 7 days there - this allow us to really...
by adave
Fri Jul 29, 2011 9:08 am
Forum: Investing - Theory, News & General
Topic: Are we headed into another significant market decline?
Replies: 275
Views: 41899

This rivision stuff is nuts - how can they do this? Lets just revise down everything we have been saying for the last 6 months. Crazy.
by adave
Fri Jul 29, 2011 9:03 am
Forum: Personal Consumer Issues
Topic: Tiny House Movement
Replies: 139
Views: 20356

The small house movement seems to me just as absurd as the big house movement ("mcmansion") from a few yrs back. Why not just buy a house you like in a nice neighborhood that you can comfortably afford and not worry about anything else? My house is ~5800 sq ft - pretty big for a family of 4 I admit....
by adave
Fri Jul 08, 2011 11:54 am
Forum: Investing - Help with Personal Investments
Topic: 25/25/25/25
Replies: 40
Views: 8336

Could someone expand on why Intermediate treasury bond fund would be a better choice than Total Bond Market??
by adave
Wed Jul 06, 2011 11:30 am
Forum: Investing - Help with Personal Investments
Topic: 25/25/25/25
Replies: 40
Views: 8336

True, but I am very risk adverse in general. I also have a good income which makes me feel (perhaps incorrectly) that I do not need to take a lot of risk to retire comfortably someday.
by adave
Wed Jul 06, 2011 9:45 am
Forum: Investing - Help with Personal Investments
Topic: 25/25/25/25
Replies: 40
Views: 8336

25/25/25/25

I have a fairly low risk tolerance and a good income, 34 y/o with only mortgage debt at 4.5%. My current allocation is 25% Total bond 25% TIPS 25% Total stock 25% Total international I split appropriately between tax-deferred and taxable accounts to maximize efficiency and rebalance once or twice a ...
by adave
Wed Jun 29, 2011 10:36 am
Forum: Personal Consumer Issues
Topic: Odyssey or Sienna
Replies: 33
Views: 4269

I have a new 2011 Odyssey - got the top trim level - touring elite. so far love the van. had to order it, took 2months, luckily prior to the tsunami issues.
by adave
Mon May 30, 2011 10:06 pm
Forum: Personal Consumer Issues
Topic: iPhone 4 purchase on Verizon
Replies: 21
Views: 3005

I just got one - it is awesome.

I believe the next upgrade is not a whole new phone, but rather iphone 4s or something - relatively minor changes.
by adave
Sat May 07, 2011 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Disability Insurance
Replies: 53
Views: 12944

Look at Standard - I considered both and Standard was much better for less. The Standard policy also includes mental health.
by adave
Fri Apr 01, 2011 10:14 am
Forum: Personal Consumer Issues
Topic: GEICO vs Progressive vs Allstate
Replies: 18
Views: 8731

GEICO vs Progressive vs Allstate

I have Geico for auto right now, and never had to use them. But, put in a quote request for Progressive and Allstate both were about 10-15% cheaper per yr for similar coverage.

Can anyone comment on the quality of these two companies and if it is a good idea to switch away from Geico? Thanks.
by adave
Fri Apr 01, 2011 10:12 am
Forum: Personal Consumer Issues
Topic: Any thoughts about Geico Home insurance
Replies: 13
Views: 6696

They were very expensive (like double) when I was looking last year. I ended up with Liberty Mutual.