Search found 2045 matches

by Caduceus
Mon Nov 18, 2019 12:21 pm
Forum: Investing - Theory, News & General
Topic: Are individual stocks back on the table now that we have $0 commissions?
Replies: 32
Views: 2069

Re: Are individual stocks back on the table now that we have $0 commissions?

Let's say you wanted to put together a 500-stock fund of your own making, and that the average share price among those 500 stocks is $ 50. You could devise a $ 25,000 investment, with $ 0 transactions costs. Why not? It does not work that way and the statement above suggests you don't quite underst...
by Caduceus
Sun Nov 17, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why does Chase bonus require in-person sign up?
Replies: 10
Views: 889

Re: Why does Chase bonus require in-person sign up?

They've started doing this recently with the larger bonuses to curb out of area bonus chasers - they want local customers who will use the bank long term. This doesn't quite make sense to me though. Chase would make most of its money off my use of the checking account as long as I put money in it, ...
by Caduceus
Sun Nov 17, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Why does Chase bonus require in-person sign up?
Replies: 10
Views: 889

Why does Chase bonus require in-person sign up?

I've been receiving these occasional Chase offers in my email, like probably everyone else here. The ones that say you get $200 or more for setting up a Chase checking/savings account. But what I don't understand is why I have to physically go down to a branch (there's none near me) and I can't open...
by Caduceus
Sun Nov 17, 2019 3:48 am
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 45
Views: 2802

Re: Gaming Desktop

I don't think people read my post in the middle. I've decided not to get a gaming desktop anymore, since it doesn't seem I can get one for $500. I can play Diablo 3 on low graphics settings on my current business laptop. But my laptop struggles with Diablo 3 on high graphics settings (and that would...
by Caduceus
Sun Nov 17, 2019 3:38 am
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 130
Views: 9445

Re: Best thing you have ever bought?

I would say the thing that changed my life was the Kindle Paperwhite. I bring it everywhere now, so I don't mind waiting when there's otherwise nothing to do, or sitting on the train, etc. I would say that I do a lot of reading during these "in-between" moments. Plus, no eye strain at all with that ...
by Caduceus
Sun Nov 17, 2019 2:18 am
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 192
Views: 14831

Re: Spend It All vs. Leave $$ for the Kids

If I ever had kids, I would leave enough for them to be comfortable, and give the rest away. I very much doubt that I would give them all of my money. I think it can be very nice as your last act in life to help your children on in some important, material way. I would definitely not spend it all th...
by Caduceus
Sun Nov 17, 2019 2:14 am
Forum: Personal Investments
Topic: need help, a few questions about Trad/Roth IRA and 401k
Replies: 13
Views: 696

Re: need help, a few questions about Trad/Roth IRA and 401k

I think you only have to elect to make the contribution by Dec 31, 2019 for your Solo 401k. That's not the same thing as actually putting money in. If you are a sole proprietor, you have until 2020 tax filing deadline (so if you file an extension, it will be October) to make the actual contribution....
by Caduceus
Sun Nov 17, 2019 2:07 am
Forum: Personal Investments
Topic: How to combine finances with your spouse? Recently married/early30s
Replies: 72
Views: 4903

Re: How to combine finances with your spouse? Recently married/early30s

We will be married soon and are already in the process of combining our financial lives. It just seemed natural for both of us to think of everything as "ours". We have separate checking accounts but we don't really calculate what bills come from whose account or who's paying more for what, if that ...
by Caduceus
Sun Nov 17, 2019 1:55 am
Forum: Personal Investments
Topic: Do you regret rebalancing over the last few years?
Replies: 57
Views: 4264

Do you regret rebalancing over the last few years?

If you practice re-balancing, you have probably re-balanced many times from stocks to bonds, and from US to international, over the last several years. Meanwhile, of course, stocks and US stocks in particular have kept on out-performing. Given the size of many Bogleheads' portfolio, I am guessing th...
by Caduceus
Sun Nov 17, 2019 1:50 am
Forum: Personal Investments
Topic: New to investing, starting a roth ira at 46
Replies: 26
Views: 1938

Re: New to investing, starting a roth ira at 46

Don't fixate on the "lateness" part of it. You can become financially stable very quickly with the right strategy. My guess is that the vast majority of people can achieve a fair amount of financial independence within a decade, but they choose not to do it. It's not difficult, even without a high s...
by Caduceus
Sun Nov 17, 2019 1:43 am
Forum: Personal Investments
Topic: Why do you have to "beat the market"?
Replies: 90
Views: 5076

Re: Why do you have to "beat the market"?

I can't speak for everyone, but to the extent I try to beat the market, it is for two reasons. I want to get rich. And it's intellectually interesting to study financial statements, take the occasional action (I've had one good idea in the last three years - that one idea has returned much, much mor...
by Caduceus
Sun Nov 17, 2019 1:38 am
Forum: Personal Investments
Topic: Ultra Short Term Treasury ETFs
Replies: 35
Views: 2356

Re: Ultra Short Term Treasury ETFs

Caduceus, I have a pile of SHV in my Dad's account in lieu of ready cash. I've been happy with it. Do be aware that it's chart looks really funky. As I understand it, it's income is credited to NAV daily, then paid out monthly as a dividend. So that means you see the value increase steadily, and th...
by Caduceus
Sun Nov 17, 2019 1:36 am
Forum: Personal Finance (Not Investing)
Topic: How much is a Roth worth?
Replies: 42
Views: 6623

Re: How much is a Roth worth?

I would pay something more than $1 but less than $2 to buy a dollar of Roth if it were possible to do so. Since it's not possible unless I get divorced, I haven't tried to calculate it. Of course, the calculation would vary from one person to another depending on age, tax rates, and the ability for...
by Caduceus
Sat Nov 16, 2019 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: How much is a Roth worth?
Replies: 42
Views: 6623

Re: How much is a Roth worth?

The premium for a Roth over a taxable account varies over time. If you invest in taxable stock, you will pay tax on the dividends every year, and then capital-gains tax when you sell. If you invest in bonds, you will pay tax every year, or lose the difference between muni and corporate yields if yo...
by Caduceus
Sat Nov 16, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: How much is a Roth worth?
Replies: 42
Views: 6623

Re: How much is a Roth worth?

It depends on several factors (tax rates, age, etc.), but it's worth more than par. If it were permissible, I would pay more than $1 for each dollar of Roth. It's permissible in the divorce context. If divorcing spouses can agree on a non pro rata division of assets, one spouse could take the Roth ...
by Caduceus
Sat Nov 16, 2019 8:50 pm
Forum: Personal Investments
Topic: Ultra Short Term Treasury ETFs
Replies: 35
Views: 2356

Re: Ultra Short Term Treasury ETFs

New treasury announcement day (Tuesday for 4 and 8 week T-Bills) is when they are available for purchase on Fidelity website. I t will auction on Thursday and settle on following Tuesday. You can cancel up until Thursday morning day of auction and sell anytime after that. As T-Bills are zero coupon...
by Caduceus
Sat Nov 16, 2019 6:02 am
Forum: Personal Investments
Topic: Ultra Short Term Treasury ETFs
Replies: 35
Views: 2356

Re: Ultra Short Term Treasury ETFs

I didn't realize how great the Vanguard Prime Money Market Fund (VMMXX) was. It has a similar duration to BIL, and a shorter duration than SHV, and yet it manages to beat both. What I don't understand is how the Vanguard money market fund manages to beat a treasury etf (SHV) that holds longer durati...
by Caduceus
Sat Nov 16, 2019 12:52 am
Forum: Personal Investments
Topic: Ultra Short Term Treasury ETFs
Replies: 35
Views: 2356

Re: Ultra Short Term Treasury ETFs

Neither Vanguard, Fidelity or Schwab charges commissions for Treasuries traded on secondary market or bought at auction. The bid/ask spreads are minuscule--in the past they were lower at Schwab for smaller quantites, but I recently sold a few Tbills at Fidelity (quantity = 5), and I think the bid/a...
by Caduceus
Sat Nov 16, 2019 12:50 am
Forum: Personal Investments
Topic: Ultra Short Term Treasury ETFs
Replies: 35
Views: 2356

Re: Ultra Short Term Treasury ETFs

Why must it be an ETF? Surely there is a no transaction free money market fund offered? Would you be willing to share which discount broker it is? Nope there is no good no transaction-fee money market funds offered. The fee-free ones are terrible with high expense ratios, and the ones with no fees ...
by Caduceus
Sat Nov 16, 2019 12:49 am
Forum: Personal Investments
Topic: Ultra Short Term Treasury ETFs
Replies: 35
Views: 2356

Re: Ultra Short Term Treasury ETFs

4 week zero coupon treasury bills at auction every Tuesday. Avoid expense ratio fees, middleman counterparty risk, transaction costs, bid-ask spreads, premium discounts. I have mine set on auto roll. Safest most liquid investment in the world. I pay exactly $0 in any cost at Fidelity for the servic...
by Caduceus
Fri Nov 15, 2019 12:06 pm
Forum: Personal Investments
Topic: Ultra Short Term Treasury ETFs
Replies: 35
Views: 2356

Re: Ultra Short Term Treasury ETFs

While I understand that some people would find using ETFs simpler, for my money that's short-term-but-I-don't-want-to-keep-in-a-sweep I just buy treasury bills directly at auction. At most brokerages there's no commissions for treasury auction purchases. If you want the exposure and interest of a t...
by Caduceus
Fri Nov 15, 2019 10:42 am
Forum: Personal Investments
Topic: Ultra Short Term Treasury ETFs
Replies: 35
Views: 2356

Ultra Short Term Treasury ETFs

One of the discount brokers I use has crappy sweep options. I want to buy an ultra short-term treasury ETF to replicate the lack of a good default sweep option. Weirdly enough, searching the forum for "Treasury ETFs" or "Ultra Short Term Bond ETF" doesn't come up with any results ... or maybe the se...
by Caduceus
Fri Nov 15, 2019 9:22 am
Forum: Personal Investments
Topic: Your most difficult and your most euphoric investing moments
Replies: 24
Views: 1823

Your most difficult and your most euphoric investing moments

I've been on the board several years now and I don't think I've seen a thread to this effect. I am curious: A) What was your most difficult investing moment for you, psychologically? And how did you respond to it? Was it watching your accounts go down by half in the Great Recession? Or something els...
by Caduceus
Fri Nov 15, 2019 6:56 am
Forum: Personal Consumer Issues
Topic: Consequence of senior not paying phone bill and closing account
Replies: 31
Views: 1848

Re: Consequence of senior not paying phone bill and closing account

It seems like maybe there was a miscommunication. I am not sure any reasonable customer would ever believe that international calls would be free and unlimited, unless I'm misunderstand what you mean by "home2home" calls. If what you mean is that you get unlimited calls between one domestic number a...
by Caduceus
Fri Nov 15, 2019 6:52 am
Forum: Personal Consumer Issues
Topic: Forgot to pay Kohl's bill for two months, consequences?
Replies: 36
Views: 2292

Re: Forgot to pay Kohl's bill for two months, consequences?

You won't know for sure until you check your credit report. If it's bothering you, why not just pay the $20 or so to get the latest credit report? I think it should have shown up by now if you were late - the agencies update very quickly. Or you can wait until the second week of December and it shou...
by Caduceus
Fri Nov 15, 2019 6:49 am
Forum: Personal Finance (Not Investing)
Topic: How much is a Roth worth?
Replies: 42
Views: 6623

Re: How much is a Roth worth?

How much is a Roth worth? I mean this in the sense that what sort of premium, if any, would you pay to contribute money to an account that would grow tax free and whose withdrawals would be tax-free? Would you pay 5% fee to deposit $1,000 into a Roth? 10%? 20%? Equal to your marginal tax rate when ...
by Caduceus
Fri Nov 15, 2019 1:21 am
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 45
Views: 2802

Re: Gaming Desktop

Aww, thanks for the reality check, guys. I don't think I will buy a gaming desktop anymore then. It just sounds too expensive!
by Caduceus
Thu Nov 14, 2019 9:36 pm
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 45
Views: 2802

Re: Gaming Desktop

I have bought several gaming desktops, including an Alienware, falcon nw and digital extreme. The digital extreme was the best I ever bought. An SSD and a good graphics card are a must. If you’ve gone so long without upgrading I would see midrange being fine for you. Check out the components at you...
by Caduceus
Thu Nov 14, 2019 9:34 pm
Forum: Personal Consumer Issues
Topic: Digitizing Old Family Photos
Replies: 32
Views: 2203

Re: Digitizing Old Family Photos

I would definitely not discard the originals, especially of the very old photos. Those are not replaceable. Scans will never reproduce the quality of the original silver-gelatin scan. A few hundred photos is not much at all. If you're hell-bent on discarding stuff, I would save all originals from be...
by Caduceus
Thu Nov 14, 2019 8:40 pm
Forum: Personal Consumer Issues
Topic: What exactly changes when I switch SIM cards on a phone?
Replies: 10
Views: 1417

Re: What exactly changes when I switch SIM cards on a phone?

Are you asking if the phone provider knows that it's still you or that the second SIM card is still tied to the original phone? I've often wondered that myself.
by Caduceus
Thu Nov 14, 2019 8:38 pm
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 45
Views: 2802

Gaming Desktop

Now that Black Friday is around the computer, I am looking to buy a gaming desktop for the first time in 20 years 8-) What should I be looking for that would give me best value for the price? Is it an expensive graphics card or SSD or something else? I am not looking to spend more than $500 and I se...
by Caduceus
Thu Nov 14, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Are complicated credit card cash back strategies worth it?
Replies: 72
Views: 4719

Re: Are complicated credit card cash back strategies worth it?

I think they are only worth it if you were genuinely going to spend on the things anyway. I suspect a lot of people end up spending more than saving in order to hit the minimum spend required to get those fat bonuses. There might only be a few months every few years that I can hit $5,000 in spend e...
by Caduceus
Thu Nov 14, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 108
Views: 9332

Re: The difficulty of discarding frugality?

I think frugality is a virtue in and of itself, unrelated to how much you have. You should feel free to spend on things that bring you genuine joy, and continue saving if there's no point in excess. Warren Buffett has billions and lives in a house that's smaller and valued much less than many of my ...
by Caduceus
Thu Nov 14, 2019 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Are complicated credit card cash back strategies worth it?
Replies: 72
Views: 4719

Re: Are complicated credit card cash back strategies worth it?

I think they are only worth it if you were genuinely going to spend on the things anyway. I suspect a lot of people end up spending more than saving in order to hit the minimum spend required to get those fat bonuses. There might only be a few months every few years that I can hit $5,000 in spend ev...
by Caduceus
Thu Nov 14, 2019 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Wealth Effect?
Replies: 10
Views: 1229

Reverse Wealth Effect?

I've noticed that I tend to become more frugal as my portfolio increases, and less frugal as my portfolio decreases. This is exactly the opposite as what financial theory might predict, and I wonder if other people on this board experience this too. For example, when I see substantial increases in m...
by Caduceus
Sat Nov 09, 2019 4:14 pm
Forum: Personal Investments
Topic: Talk Me Off the Active Investing Ledge!
Replies: 34
Views: 2065

Re: Talk Me Off the Active Investing Ledge!

You don't have the skills to evaluate who would be a good investment manager, so it seems really strange that you would even consider something like this. Unlike most Bogleheads here, I think there are many people who can and will beat the market averages. And I believe it is possible to tell this a...
by Caduceus
Mon Nov 04, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: Is it OK to take less risk and spend more money once you’ve reached your goals even if you are young?
Replies: 63
Views: 5445

Re: Is it OK to take less risk and spend more money once you’ve reached your goals even if you are young?

It depends on how you define risk. I think a lot of people mistakenly define risk as "volatillity" - which is the prospect of investment prices going up and down - when the real risks are longer-term in nature - especially the risk of inflation, or having your investments not being able to sustain y...
by Caduceus
Mon Nov 04, 2019 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?
Replies: 116
Views: 6138

Re: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?

I agree with you. It would be helpful to know more of the details. I have some vague ideas, but it's a bit muddy to me as well. Off of the top of my head, here are just some the things a TPA could prevent: Trustee errors regarding contributions, withdrawals or rollovers. Reporting errors regarding ...
by Caduceus
Mon Nov 04, 2019 8:33 am
Forum: Personal Consumer Issues
Topic: Portable Lantern
Replies: 16
Views: 1027

Re: Portable Lantern

What about those lights I see people wear on their heads in the dark. It would be difficult to get enough directed light if you used a portable lantern only. This way, you would get both hands free to use while shining the headlamp directly onto whatever it is you were clearing.
by Caduceus
Mon Nov 04, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: New Job, Depressed, Money issues
Replies: 89
Views: 11670

Re: New Job, Depressed, Money issues

I think this depends on whether your current field (DevOps) is one with good prospects. If it is, then I think you've landed yourself a pretty good gig, don't you think? It seems your employer is willing to give you time to learn this entire new field and PAY you for it. And you have been very hones...
by Caduceus
Mon Nov 04, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Percentage of tax returns with mistakes
Replies: 4
Views: 730

Percentage of tax returns with mistakes

I've helped friends go through their tax returns and I find it quite astonishing the number of errors that people make. One person filed in the wrong states - she just assumed she didn't need to pay taxes in the state she was leaving and that she needed to in the state she was moving to. Another fri...
by Caduceus
Mon Oct 28, 2019 10:17 pm
Forum: Personal Consumer Issues
Topic: Is it OK not to wash off bleach?
Replies: 6
Views: 1426

Re: Is it OK not to wash off bleach?

Thanks guys, but I think it was really most likely mildew. The lamp was made of glass, wood, and some rubber linings, and the same white fuzzy/powdery stuff grew on both the surface of the rubber and also on some portions of the wood. It didn't leave stains on the rubber after I wiped it off, but it...
by Caduceus
Mon Oct 28, 2019 5:55 pm
Forum: Personal Consumer Issues
Topic: How much do you plan to spend on your children's weddings?
Replies: 182
Views: 8827

Re: How much do you plan to spend on your children's weddings?

This is coming from someone who is planning a wedding. When you say that you are upper middle class, it seems you have this idea that you need to spend a certain amount. I wonder if you've asked your sons and their partners what it is that they want. The reason I say this is that my fiance comes fro...
by Caduceus
Mon Oct 28, 2019 5:43 pm
Forum: Personal Consumer Issues
Topic: Is it OK not to wash off bleach?
Replies: 6
Views: 1426

Is it OK not to wash off bleach?

I recently used one of those mold-and-mildew cleaners that I bought from Walmart on some antique lamps that had some white, fuzzy mildew growing on the rim of the lamp. They are nice and clean now after I wiped them off with cloth dipped in the cleaner, but I decided not to do a second wipe with wat...
by Caduceus
Fri Oct 25, 2019 9:54 am
Forum: Investing - Theory, News & General
Topic: Contributions to IRAs while Loan outstanding to Solo 401k
Replies: 2
Views: 174

Re: Contributions to IRAs while Loan outstanding to Solo 401k

I don't see how your Solo 401k loan would affect your ability to contribute to a regular or Roth IRA, assuming you have earned income and satisfy the usual conditions for contributing to an IRA. In fact, many plans also allow you to contribute to your 401k plan with an outstanding loan on the same 4...
by Caduceus
Fri Oct 25, 2019 9:44 am
Forum: Personal Investments
Topic: How do you get over an investing mistake?
Replies: 42
Views: 2056

Re: How do you get over an investing mistake?

The advice to invest in index funds is well taken. If you take a look at my early posting history, you will see that I've said the same thing to posters. I was pretty much a die-hard indexer early on when I read the works of Bogle, Malkiel and Bernstein. So I do understand that over long periods of ...
by Caduceus
Wed Oct 23, 2019 6:06 am
Forum: Personal Investments
Topic: How do you get over an investing mistake?
Replies: 42
Views: 2056

How do you get over an investing mistake?

Less than two years ago, I invested a significant amount of money into a particular small-cap stock that I had researched very deeply. It has now roughly doubled in stock price over two years. But I sold slightly less than 15% of my position at the halfway mark, so I missed out on approximately 50% ...
by Caduceus
Wed Oct 23, 2019 5:56 am
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 10017

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I think Apple's moat will disappear over time. I've seen people of all ages - from millenials to older folks - basically switch to other phones. In my family, I'd say slightly over 50% of them have stopped using Apple and have moved on to other phones. When Iphones stop being seen as the "coolest" c...
by Caduceus
Tue Oct 22, 2019 7:28 am
Forum: Investing - Theory, News & General
Topic: $2,467 is a minimum emergency fund
Replies: 36
Views: 7780

Re: $2,467 is a minimum emergency fund

I've generally been quite comfortable holding very little cash per se in an emergency fund. I think overall financial resilence is more important that some arbitrary number in a fund. If you keep fixed costs low (live in a small house, rent a small place), don't own a vehicle, try to be very aggress...
by Caduceus
Tue Oct 22, 2019 7:22 am
Forum: Investing - Theory, News & General
Topic: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]
Replies: 65
Views: 5901

Re: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]

No. If you really want to go the route of investing in individual companies, the idea that you should invest after a crisis because it's "cheap" is plain silly. Something that has gone down in price isn't necessarily a cheap buy - there might be good reason the company's stock has fallen, and it may...