Search found 70 matches

by Joseph4
Fri Jan 02, 2009 2:55 am
Forum: Personal Consumer Issues
Topic: Investopedia Simulator Boglehead Game Part Deux (Join Now!)
Replies: 23
Views: 6092

I'm in! Saw this thread just in time for trading to begin. Considering that 2 of my 5 stocks last year were C and MER, I have nowhere to go but up 8)
by Joseph4
Tue Oct 28, 2008 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Paul O'Neill: No mortgages without 20% down
Replies: 30
Views: 6081

Agreed. The market is probably taking care of this to a certain extent, but I believe there are still FHA or other agency programs that allow 3-4% down payment. These programs should be scrapped at once.
by Joseph4
Tue Oct 28, 2008 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Online now free?
Replies: 8
Views: 2462

Re: Free Quicken

Sheepdog wrote:What's the gimmick? Why free? What is there in it for Intuit?
I haven't tried it yet but the usual answers for this would be 1) gain eyeballs to sell more paid advertising against, and 2) as aainvestor mentioned, gain paying customers by introducing them to the product.
by Joseph4
Mon Oct 20, 2008 10:17 pm
Forum: Investing - Theory, News & General
Topic: FU letter from a hedgefund manager.
Replies: 15
Views: 4627

What does it mean when he 'bet against sub-primes'? What exactly did he invest in to land on double 00? FT says he used derivatives to short subprime loans, possibly by shorting the ABX, an index of mortgage-backed securities. http://www.ft.com/cms/s/0/7b6160be-9b80-11dc-8aad-0000779fd2ac.html?ncli...
by Joseph4
Fri Oct 10, 2008 9:32 pm
Forum: Investing - Theory, News & General
Topic: These poor guys...
Replies: 11
Views: 2736

by Joseph4
Sat Jul 26, 2008 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Choping block - Need Advice
Replies: 25
Views: 4725

2stepsbehind wrote:I would recommend keeping all of them open and just putting the unused cards in a sock drawer or if you really think you won't be able to control yourself cut them up but leave the credit lines open. No need to sabotage your credit score on a whim.
I second this.
by Joseph4
Sat Jun 14, 2008 4:26 pm
Forum: Personal Investments
Topic: Student Loan question
Replies: 22
Views: 4634

Don't worry about consolidating, the loans that originated in 2006 and 2007 are already fixed at 6.8% for the life of the loan. And though the older loans are variable, the interest rates are scheduled to go down on July 1, 2008 to 4.21% (or 3.61% for in-school, grace period, or deferment status) fr...
by Joseph4
Sat Jun 07, 2008 8:24 pm
Forum: Non-US Investing
Topic: Any Portfolio Advice for a Young U.S. Expat in Japan?
Replies: 14
Views: 3294

Re: Any Portfolio Advice for a Young U.S. Expat in Japan?

5. What is Vanguard's limit for low balance? I want to stick to my schedule to add more at the end of this year. But if my minimum investment ($3000) gets battered this summer, will Vanguard kick me out (looked that way on the prospectus)? No they won't kick you out, not automatically at least. I o...
by Joseph4
Sat Jun 07, 2008 8:19 pm
Forum: Personal Investments
Topic: Question about investing/money mangement throughout life
Replies: 7
Views: 1967

Re: Question about investing/money mangement throughout life

It almost seems as if I should maybe not put as much into retirement accounts as I am and put some into a taxable account I can get to (both would obviously be great but I only have so much). Am I completely off the wall in my thinking??? No not at all, especially if you are considering retiring ea...
by Joseph4
Fri Feb 15, 2008 2:07 am
Forum: Personal Investments
Topic: 20yr Old 401K Decision Help
Replies: 7
Views: 1601

I think you are in great shape, just add the bonds if that's what you desire (10% is fine). Most important would be to not panic due to the market's volatility. You are totally young enough to ride out any short term losses that may happen. Also definitely look into the Roth IRA, you still even have...
by Joseph4
Wed Feb 13, 2008 1:18 am
Forum: Personal Investments
Topic: IRS audit help
Replies: 26
Views: 6255

Here is a link for getting your Social Security Statement. But you won't get it in time because it takes about a month (I think they only do them in batches). So the local office might be able to print it for you immediately.

http://ssa.gov/mystatement/
by Joseph4
Thu Jan 31, 2008 1:58 am
Forum: Personal Investments
Topic: tax efficiency of different asset classes
Replies: 11
Views: 2906

optimus wrote:What investments should go in tax advantaged accounts like Roth Ira and Roth 401(k)?
Tax-inefficient securities as described above
by Joseph4
Thu Jan 31, 2008 1:52 am
Forum: Investing - Theory, News & General
Topic: How to invest in Dubai?
Replies: 68
Views: 22127

Yeah I was wondering what brought this up.
by Joseph4
Thu Jan 31, 2008 1:17 am
Forum: Personal Investments
Topic: Cash Investment
Replies: 1
Views: 1070

I vote to keep it all in Prime MMF. You don't want to lose any principal in a house down payment fund. It would take too long to recover. You could also look for more CDs of appropriate maturity length to lock in a nice APY.

Overall I would keep it in cash, not even a bond fund.
by Joseph4
Wed Jan 30, 2008 5:01 pm
Forum: Investing - Theory, News & General
Topic: ING DIRECT new saving rate 3.65%!!!
Replies: 39
Views: 9492

tmm999 wrote:Well, I have a feeling it is going to go down even more now....


tmm
Yeah, especially since the last drop was only 45 basis points last week, when the Fed cut 75. I'll guess that ING will match today's Fed action and drop 50 tonight or tomorrow.
by Joseph4
Wed Jan 30, 2008 4:59 pm
Forum: Investing - Theory, News & General
Topic: What happened to market? Crazy stuff
Replies: 17
Views: 4861

The rally collapsed due to more nervousness about the bond insurers.

http://www.marketwatch.com/news/story/u ... stReadHome
by Joseph4
Mon Jan 28, 2008 12:20 am
Forum: Investing - Theory, News & General
Topic: multivari study: 5 data pts: updated w/ charts/conclusions
Replies: 75
Views: 19334

60% / 40% / 0% / 24 / na
by Joseph4
Fri Jan 25, 2008 2:35 am
Forum: Personal Investments
Topic: Refinance a car loan?
Replies: 8
Views: 2116

Yeah it can't hurt to at least shop around. That rate is very high. If he can afford the higher monthly payment he should look at a shorter term on the loan too.
by Joseph4
Fri Jan 25, 2008 1:15 am
Forum: Investing - Theory, News & General
Topic: Wealth Track TV Pgm On Friday
Replies: 4
Views: 1484

Thank you.
by Joseph4
Thu Jan 24, 2008 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is the government about to buy bad mortgages?
Replies: 5
Views: 1333

Fannie and Freddie routinely buy loans up to the cap amount ($417,000 aka 'conforming loans'), however in some markets $417,000 does not buy much house, so the proposal is to raise the cap. This actually helps buyers because it reduces the need to get a 'jumbo' mortgage which carries a higher rate.
by Joseph4
Thu Jan 24, 2008 3:53 am
Forum: Investing - Theory, News & General
Topic: Wealth Track TV Pgm On Friday
Replies: 4
Views: 1484

Excuse my ignorance but what is Wealth Track? Thank you.
by Joseph4
Thu Jan 24, 2008 3:25 am
Forum: Personal Investments
Topic: Feedback on Portfolio
Replies: 13
Views: 2147

Your portfolio looks great. I am assuming the entire portfolio is in the 403b, which is perfectly fine. Some other posters may have a suggestion about lengthening the duration of your bonds from short to intermediate, but I'm not sure what the consensus is for proper duration of bonds.
by Joseph4
Thu Jan 24, 2008 2:59 am
Forum: Investing - Theory, News & General
Topic: Alternative to VIPSX?
Replies: 3
Views: 1778

It goes against the general wisdom here to buy corporate bonds in a taxable account, so you should look into a municipal bond fund for your state, or national muni bond fund if you live in a state with no income tax. What state do you live in?
by Joseph4
Thu Jan 24, 2008 2:56 am
Forum: Personal Investments
Topic: About to open Roth but am on the fence...
Replies: 13
Views: 3731

I would go with a Target Retirement fund vs. STAR because there are many Target Retirement funds which can be matched to your time horizon, but there is only one STAR, and it may not match your desired asset allocation. To answer your other question, no it is not difficult to do yearly rebalancing. ...
by Joseph4
Thu Jan 24, 2008 1:55 am
Forum: Personal Finance (Not Investing)
Topic: Converting from csv to OFX or QIF formats..
Replies: 4
Views: 3093

Doesn't Fidelity provide data in .qif or the newer .ofx format? I ask because I thought they were pretty universal formats.
by Joseph4
Thu Jan 24, 2008 1:52 am
Forum: Personal Finance (Not Investing)
Topic: Watch your Paypal account if you have one!
Replies: 30
Views: 7551

Paul: Some parties will indeed refuse to accept paypal payment from unverified buyers, because that could be a sign of potential fraud brewing. ie pay for item, receive it, but then claim it was never received and ask for a refund. Paypal is very much on the side of buyers and will not hesitate to f...
by Joseph4
Wed Jan 23, 2008 3:41 am
Forum: Personal Finance (Not Investing)
Topic: help me pick XP vs. Vista?
Replies: 66
Views: 14460

Get the other 1GB of RAM. You won't be sorry. I am actually expecting UPS to deliver my own 1GB upgrade today. I am assuming your new computer uses DDR2 SDRAM. Prices are extremely low now for this type of memory due to a global supply glut. For the price I paid for the older DDR type my computer us...
by Joseph4
Wed Jan 23, 2008 3:25 am
Forum: Personal Investments
Topic: Money markets vs. high-yield savings?
Replies: 8
Views: 2592

In theory Money Market funds should offer a higher yield than savings (and generally do) because it is possible, again in theory, to lose money. However to date no retail money market fund for individual investors has lost money. It would be serious damage to a fund company's reputation if that were...
by Joseph4
Wed Jan 23, 2008 1:19 am
Forum: Investing - Theory, News & General
Topic: Fidelity MyCash competition...
Replies: 15
Views: 3787

The previous discussion on here and Fatwallet.com about the Fidelity MySmart Cash account was interesting. I am considering opening this account to simplify my banking, and all the free stuff doesn't hurt either.
by Joseph4
Wed Jan 23, 2008 12:48 am
Forum: Investing - Theory, News & General
Topic: Withdrawal from taxable account for addition to house
Replies: 3
Views: 1321

Losing Admiral status would be a bad thing so I wouldn't touch those funds. Do the American funds have capital gains or losses?
by Joseph4
Tue Jan 22, 2008 2:36 am
Forum: Investing - Theory, News & General
Topic: Market timer's margin call
Replies: 283
Views: 74980

james22 wrote:Why using margin when have a large sum of cash in the bank?

Just curious.
See this thread.
by Joseph4
Tue Jan 22, 2008 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Converting from csv to OFX or QIF formats..
Replies: 4
Views: 3093

What software are you using to track your portfolio?
by Joseph4
Tue Jan 22, 2008 12:44 am
Forum: Personal Investments
Topic: Spartan AA
Replies: 4
Views: 1402

I have wondered why this fund-of-funds and others (ie Target Retirement) use Investor shares instead of Admiral or Fidelity's equivalent. Aside from decreasing the pass-through ER, would using Admiral shares distort something somehow in a negative way? Or is it all about getting more ER fees?
by Joseph4
Mon Jan 21, 2008 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: help me pick XP vs. Vista?
Replies: 66
Views: 14460

diasurfer: Like you I am a power user (have built and rebuilt my own machines many times over) and I will be using XP until the day Microsoft decides to not release security updates anymore. After 7 years of updates and tweaks, XP is fast, stable, and (mostly) secure. It does what I want (mainstream...
by Joseph4
Mon Jan 21, 2008 11:22 pm
Forum: Personal Investments
Topic: Need advice for student!
Replies: 2
Views: 815

Re: Need advice for student!

I was going to just put some money in a target retirement and place it in a roth but it seems like that is not a good choice. That is actually the perfect choice based on what you have said. You are most likely eligible to put $4000 into a Roth IRA for 2007. Vanguard Target Retirement 2050 would be...
by Joseph4
Mon Jan 21, 2008 8:56 pm
Forum: Investing - Theory, News & General
Topic: Can politicians truly "fix the market"
Replies: 12
Views: 2090

Short answer: No
by Joseph4
Mon Jan 21, 2008 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Attention '24' fans- parody video
Replies: 9
Views: 2426

robot:
The Unit is my favorite show. And Season 5 was definitely the peak for 24.
by Joseph4
Mon Jan 21, 2008 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Estimate FICO Score
Replies: 5
Views: 1526

For those posters who know their FICO scores, how or why do you have yours? Is it due to some financial transaction, e.g., a new mortgage? Or did you pro-actively go to one of the rating agencies and get the score? I recently had to put a "fraud alert" on my credit reports with the 3 Credit Reporti...
by Joseph4
Mon Jan 21, 2008 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Estimate FICO Score
Replies: 5
Views: 1526

Pretty accurate here. My score was right in the middle of the 50 point range that quiz provided.
by Joseph4
Mon Jan 21, 2008 2:58 am
Forum: Investing - Theory, News & General
Topic: Account Aggregator
Replies: 12
Views: 2558

ddbonds : I don't have an account at Fidelity, but I quickly glanced at their site and I see that their aggregator, called Full View is powered by Yodlee. I just started using Bank of America's version of Yodlee and I'm impressed with its features. I've read a lot about Yodlee over the past few mon...
by Joseph4
Sun Jan 20, 2008 3:07 am
Forum: Investing - Theory, News & General
Topic: Fund or ETF to mimic diversified portfolio
Replies: 6
Views: 1666

Yeah I have seen Target Retirement-type (not Vanguard) ETFs advertised on CNBC but I forget who is the issuer or what the indexes are.
by Joseph4
Sun Jan 20, 2008 3:00 am
Forum: Investing - Theory, News & General
Topic: Comparing Expense Ratios
Replies: 4
Views: 1298

I'm bumping this so someone with more knowledge of annuities can answer your question, because I don't know. On principle I'd venture a guess that anything non-publicly traded is riskier but I'm not absolutely sure if this applies to annuities as well.
by Joseph4
Sat Jan 19, 2008 2:10 am
Forum: Investing - Theory, News & General
Topic: Comparing Expense Ratios
Replies: 4
Views: 1298

Re: Comparing Expense Ratios

I am trying to figure out expense ratios. Basically what happens if you are participating in an annuity that does not have a "real" expense ratio? For example: January 1, 2007 $10,000 is the starting value of an Annuity January 1, 2008 $11,500 is the final value of the Annuity Assume that no invest...
by Joseph4
Fri Jan 18, 2008 12:24 am
Forum: Personal Investments
Topic: Which Asset Class for Roth vs. TIRA
Replies: 3
Views: 1318

I'm not aware of any effect of taking Roth v. Traditional IRA into consideration like this. Neither are going to have taxes paid *right now* which is the point of allowing growth to compound without the drag of taxes. Regarding a small slice, that is often done because IRAs have smaller contribution...
by Joseph4
Thu Jan 17, 2008 11:01 pm
Forum: Personal Investments
Topic: Help...
Replies: 2
Views: 1136

And with ETFs at Fidelity you will have to consider the commissions. Quick glance at Fido's site shows that online trades range from $8.00 - 19.95 depending on how many you execute in a year. If you use a financial advisor it is almost guaranteed to cost more. Do you think it matters if one buys Van...
by Joseph4
Thu Jan 17, 2008 10:44 pm
Forum: Personal Investments
Topic: Use inheritance to pay off debt?
Replies: 5
Views: 1301

Re: Use inheritance to pay off debt?

angle_slam wrote:Is there something else I should be considering?
Nope! Pay it off! You'll still have ~$50K to invest anyway!
by Joseph4
Wed Jan 16, 2008 2:35 am
Forum: Personal Investments
Topic: Fund Roth in Money Mkt, then DCA to other fund
Replies: 2
Views: 1088

I agree this is a great strategy. You get the benefit of your lump sum earning tax-free yield in the MM inside the Roth, while setting yourself up for the benefit of DCA (if you believe there is a benefit, I do, but I know there is some debate)
by Joseph4
Wed Jan 16, 2008 2:26 am
Forum: Personal Investments
Topic: TIRA>Roth Conversion. Deductable and Non Deductable quest
Replies: 5
Views: 1546

Re: TIRA>Roth Conversion. Deductable and Non Deductable q

...I opened ABNDX with 2K back in 04/1995 and deducted from that tax year. I last bought into ABNDX around 10/1997. Roughly $150. I did NOT use a deduction in those tax years after the first donation of the fund... ...I didn't do anything tax wise on the amounts after the initial 2K opening of the ...
by Joseph4
Wed Jan 16, 2008 1:46 am
Forum: Personal Investments
Topic: Money Market Fund or Account
Replies: 6
Views: 1684

Re: How to use taxable equivalent calculator results

I'm not quite sure how to use the results I get from the taxable equivalent calculator. Here's what I get for my tax bracket: Fully Taxable: 3.551% after tax, 5.220% tax equivalent Treasury: 3.720% after tax, 5.469% tax equivalent Nat'l Tax-Exempt: 3.395% after tax, 4.991% tax equivalent State Tax-...
by Joseph4
Wed Jan 16, 2008 12:35 am
Forum: Investing - Theory, News & General
Topic: Hooray for Hedge Funds!
Replies: 9
Views: 2471

stratton wrote:When does the musical come out?

:P
No musical yet, but a TV show on HBO from the "Entourage" guy :roll:

An 'Entourage' for Wall Streeters