Search found 30 matches

by Suppertime
Thu Aug 17, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Magic Formula
Replies: 6
Views: 1789

Re: Magic Formula

Magic Formula seemed plausible, and the backtested results were amazing. So I tried the Magic Formula for 5 1/2 years from 2010 to 2016, with 30 stocks, updating 5 holdings every 2 months. I ended up with an IRR of 6.3% compared to 11.6% if I'd put the same money in the Vanguard Total Stock Market I...
by Suppertime
Sat Jan 14, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: One share of BRK.B for Geico discount?
Replies: 28
Views: 19320

Re: One share of BRK.B for Geico discount?

Recently bought Geico car insurance online. There's a long list of categories that get discounts, including being a BRK shareholder, mostly recall seeing various alumni associations. I was told the price charged at the end included the discount and there was no need to show I was actually a sharehol...
by Suppertime
Fri Jan 06, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 301
Views: 45270

Re: Whats your number to walk away?

Walked away a month ago with $2.45 million portfolio, plus $970,000 in cash I'll fork over soon when I close on a new house in a HCOL area. 50 y.o., married with 2 young kids. $2.45M was at the lowest end of the range I had considered ($3.5M at the highest end). I'm curious what my expenses will be....
by Suppertime
Tue Dec 06, 2016 9:37 pm
Forum: Investing - Theory, News & General
Topic: Morgan Housel on public companies, ceo, etc
Replies: 4
Views: 653

Re: Morgan Housel on public companies, ceo, etc

Great article! Depressing for someone like me, has majority of his wealth invested in stocks of publicly traded companies.
by Suppertime
Mon Dec 05, 2016 9:34 pm
Forum: Investing - Theory, News & General
Topic: Where do you put your cash?
Replies: 73
Views: 13469

Re: Where do you put your cash?

I will have to hold a bunch of cash for a few months from selling my home until I pay for my new house. I was planning in putting it in the short term government bond index fund. But the prime money market fund is yielding 0.62% vs 0.96% for the ST gov't bond index. I'll keep most of it in the money...
by Suppertime
Mon Dec 05, 2016 8:17 pm
Forum: Investing - Theory, News & General
Topic: High Inflation vs Currency Exchange Rate
Replies: 14
Views: 2129

Re: High Inflation vs Currency Exchange Rate

I vaguely recall George Soros explaining how he made money betting on the German Mark when government spending skyrocketed due to spending on the reunification with East Germany and the Bundesbank in response raised interest rates. Soros said this dynamic results in a big bounce to the currency's va...
by Suppertime
Mon Dec 05, 2016 8:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ETFs Less Tax Efficient Than Other ETFs?
Replies: 37
Views: 4848

Re: Vanguard ETFs Less Tax Efficient Than Other ETFs?

Vanguard's total stock market index fund has unrealized gains of 27.37% of NAV. (It always bugged me you buy a fund, you're potentially on the hook for unrealized gains you didn't enjoy.) According to Morningstar ITOT has potential cap gain exposure of $10.92 on NAV of around $50, or ~22%. For this ...
by Suppertime
Thu Dec 01, 2016 12:53 am
Forum: Investing - Theory, News & General
Topic: Bond fund capital gain distribution and roll yield
Replies: 2
Views: 392

Re: Bond fund capital gain distribution and roll yield

So I guess the roll yield for the ETF is reflected in the higher price per share rather than being distributed as capital gain. My knowledge of the tax efficiency of ETFs due to in-kind exchanges is about as hazy as my knowledge about rolling down the bond yield curve. I recall reading that bond ETF...
by Suppertime
Wed Nov 30, 2016 8:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 266
Views: 48339

Re: Roll Call for the Retirement Class of 2016!

Last day of work on 12/8/2016. Been working overseas, still have about half my net worth to exchange into dollars and wire to Vanguard. The recent election has set the dollar soaring and me scrambling to make sure I can retire with a much smaller nut. And then there's the ACA health insurance I just...
by Suppertime
Wed Nov 30, 2016 8:25 pm
Forum: Investing - Theory, News & General
Topic: Bond fund capital gain distribution and roll yield
Replies: 2
Views: 392

Bond fund capital gain distribution and roll yield

Checking Vanguard estimated capital gains distributions, I noticed it's Intermediate-term Government Bond Index Fund will distribute 0.13%, while the actively managed Intermediate-term Treasury Fund will distribute 1.13%. So I switched to the index fund as my primary bond fund to avoid the tax. I'm ...
by Suppertime
Sun Nov 27, 2016 8:52 pm
Forum: Investing - Theory, News & General
Topic: What was your Asset Allocation before and after retirement?
Replies: 91
Views: 12283

Re: What was your Asset Allocation before and after retirement?

I targeted 60/40 pre-retirement. Upon retirement it will be 55/45, going to 70/30 over 15 years. I will live on fund distributions and proceeds from selling around 1% of the bond funds (or whichever asset is above target) each year for 15 years. I'm persuaded by the argument you should mitigate the ...
by Suppertime
Thu Sep 29, 2016 8:53 pm
Forum: Personal Consumer Issues
Topic: How to convert old SAT scores to new SAT scores?
Replies: 26
Views: 6778

Re: How to convert old SAT scores to new SAT scores?

This article lists colleges with highest SAT scores. http://www.businessinsider.com/colleges-that-accept-students-with-the-highest-sat-scores-2016-8/ Average scores at the fanciest colleges range from low 1,400's to low 1,500's. Which seems about 200 points higher than when I was applying to schools...
by Suppertime
Thu Aug 11, 2016 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Life Strategy Funds
Replies: 32
Views: 5379

Re: Vanguard Life Strategy Funds

I've used the Life Strategy Moderate Growth Fund as a benchmark for the last 9 years--tracking how I would have done if I'd put my savings each month into the fund instead of my actual allocation. Life Strategy fund would have beaten my actual results. Next time there's a drop in the market so I can...
by Suppertime
Tue Jul 19, 2016 12:33 am
Forum: Investing - Help with Personal Investments
Topic: Early retiree: 3% SWR or 4% SWR for planning purposes?
Replies: 61
Views: 6770

Re: Early retiree: 3% SWR or 4% SWR for planning purposes?

I plan to retire at the end of the year after having worked overseas for many years and move to a HCOL area in the U.S. with good schools. In my planning, I used 3% withdrawal rate to come up with a modest budget that seems workable. The nest egg is at the low end of what I'd contemplated, with reti...
by Suppertime
Wed May 18, 2016 7:34 am
Forum: Investing - Theory, News & General
Topic: What % do you have in alternatives? REITs, commodities, etc.)
Replies: 67
Views: 6681

Re: What % do you have in alternatives? REITs, commodities, etc.)

10% in alternatives comprising-

3.5% US REITS (vnq)
2.5% Int'l RE (vnqi)
1.5% timber reits (mostly WY)
1.5% precious metal miners (vgpmx)
1% oil stocks (vgnex)

Writing it out, seems like I'm slicing things needlessly thin.
by Suppertime
Wed May 18, 2016 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Financing a move from one house to another
Replies: 29
Views: 3119

Re: Financing a move from one house to another

Wow, Nightfall, I had no idea getting approved for a mortgage was so difficult. I'm trying to buy a new house from a developer and they require either a loan preapproval from their bank partner or the full price of the house in a bank account, not in mutual funds. I've been working overseas so I cou...
by Suppertime
Wed May 18, 2016 12:01 am
Forum: Investing - Theory, News & General
Topic: WellsTrade cancels "risky" orders
Replies: 13
Views: 3017

Re: WellsTrade cancels "risky" orders

I bought VIOV, one of the two Vanguard small cap value etfs, in my WellsTrade account, but starting a couple of years ago, I couldn't enter a buy order, always came up error. By e-mail they explained it's a risky security they don't allow accountholders to buy. I wrote back, this must be a mistake a...
by Suppertime
Wed Mar 09, 2016 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Joel Greenblatt's Magic Formula Investing
Replies: 8
Views: 1915

Re: Joel Greenblatt's Magic Formula Investing

I've tried it with a small part of my portfolio for the last five or so years, rotating five magic formula stocks every two months, 30 stocks total. I had an IRR of 5.5% vs. 11% if the same amounts were invested on same days in the Vanguard total stock market etf (not counting dividends). The screen...
by Suppertime
Thu Nov 05, 2015 6:00 am
Forum: Investing - Theory, News & General
Topic: Buy on Dip/Sell on Rise
Replies: 87
Views: 7280

Re: Buy on Dip/Sell on Rise

I use value averaging for the equity portion of the portfolio. Set a target value of equities for the end of each month that's 1% higher than the previous month. End up buying more stocks when prices go down, and more of the equity asset class that's gone down the most. I don't sell when prices rise...
by Suppertime
Sun Apr 06, 2014 8:09 pm
Forum: Investing - Theory, News & General
Topic: My take on impact of HFT,
Replies: 24
Views: 2166

Re: My take on impact of HFT,

Michael Lewis explained liquidity in interviews that makes a lot of sense, it's how quickly and easily you can sell your investment. If the subset of HF traders he's writing about are just interposing themselves between you and a willing buyer, taking no market risk by holding inventory for more tha...
by Suppertime
Mon Mar 31, 2014 9:07 am
Forum: Investing - Theory, News & General
Topic: 60 Minutes 3-30-14: Michael Lewis book "Flash Boys"
Replies: 70
Views: 6131

Re: Is The US Stock Market Rigged? ~ 60 Minutes March 30, 20

Can't wait to read the book. Previously, no one in the media seemed to know exactly what high frequency trading was. Are they front running? Or just market making more efficiently, providing liquidity and lowering trading costs? I recall Gus Sauter at Vanguard saying with the advent of HFT, spreads ...
by Suppertime
Sun Mar 30, 2014 12:28 am
Forum: Investing - Theory, News & General
Topic: If you could have only one fund, what would it be?
Replies: 154
Views: 39157

Re: If you could have only one fund, what would it be?

I've been benchmarking my actual returns against LifeStrategy Moderate Growth Fund since 2007, and I'm losing (IRR of 4.6% vs 6%). If there's a market crash that let's me sell everything without capital gains, I will put everything in the Moderate Growth Fund and say goodbye to slicing and dicing an...
by Suppertime
Sun Feb 23, 2014 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Value averaging
Replies: 5
Views: 649

Re: Value averaging

I used 1.5% per month, 18% per year, just for the equity portion of the portfolio for the past two years. I was around 50% equity at the start, and the idea was to get to 60% equity allocation over three or so years. Over this time I had few opportunities to add to equity (and I was not selling equi...
by Suppertime
Tue Dec 24, 2013 10:01 am
Forum: Investing - Theory, News & General
Topic: The price of quality stocks,
Replies: 9
Views: 1658

Re: The price of quality stocks,

This approach reminds me of Magic Formula Investing by Joel Greenblatt, where you rank stocks by operating earnings yield (value) and return on tangible assets (profitability). You buy from among the highest ranking stocks for a 1 year holding period and rotate into new ones, holding around 30 stock...
by Suppertime
Mon Apr 29, 2013 3:48 am
Forum: Investing - Theory, News & General
Topic: Meet Mr. Money Mustache, the man who retired at 30
Replies: 253
Views: 39065

Re: Meet Mr. Money Mustache, the man who retired at 30

Consider me on Team MMM. I stumbled on his website a couple of weeks ago and have become very fond of it. I like the analytical engineer's approach he takes with a lot of issues. And he strikes me as honest and guileless in that Canadian way; I was a little taken aback by criticisms here that he's b...
by Suppertime
Thu Jan 03, 2013 3:50 am
Forum: Investing - Help with Personal Investments
Topic: reits or bonds in taxable
Replies: 14
Views: 1631

Re: reits or bonds in taxable

I'm also running out of room in my tax deferred account. My thinking is, bonds and reits have become so expensive that their low yields could justify putting them in taxable accounts (especially treasuries). Rather than changing my target AA, I plan first to allocate treasury bond funds to taxable, ...
by Suppertime
Thu Jan 03, 2013 3:13 am
Forum: Investing - Theory, News & General
Topic: What was your 2012 return?
Replies: 275
Views: 26007

Re: What was your 2012 return?

xirr of around 14.5% Compared to 12.67% for my benchmark, VSMGX (LifeStrategy moderate growth fund). I update on 15th of each month so it's 12/15/2011 to 12/15/2012. My portfolio was 50/50 equity/bonds, cash. I work overseas, and my returns were helped near year-end by fx appreciation on my foreign ...
by Suppertime
Fri Dec 14, 2012 3:27 am
Forum: Investing - Theory, News & General
Topic: Are REITS overvalued?
Replies: 20
Views: 4550

Re: Are REITS overvalued?

I wonder if it is the case that REITs have been bid up by financial investors looking for yield to the point where the underlying real estate is valued significantly higher than market value of equivalent properties not held in REITs. If so, whether there is an arbitrage where you buy up properties,...
by Suppertime
Fri Dec 14, 2012 2:44 am
Forum: Investing - Help with Personal Investments
Topic: E. Kodak (EKDKQ) Shares: Why Not Worthless, How Sell?
Replies: 14
Views: 2644

Re: E. Kodak (EKDKQ) Shares: Why Not Worthless, How Sell?

I have a couple of stocks which are trading on pink sheets, one due to bankruptcy, another, a Chinese reverse merger, de-listed for fraud,. The commission to sell them are much more than the shares are worth. I want them to go to zero or otherwise disappear, but they stick around year after year. Ot...
by Suppertime
Tue Nov 13, 2012 12:25 am
Forum: Investing - Theory, News & General
Topic: HSA: Fund it and not use it?
Replies: 23
Views: 2913

Re: HSA: Fund it and not use it?

I'm working overseas at the moment, but I had planned on using HSA like a super IRA, as LH mentioned. The contribution is deducted from your income for taxes, investments grow tax free, and when you take money out of it eventually in retirement you don't pay taxes on it (unlike a distribution from a...