Search found 2394 matches

by AlohaJoe
Thu Oct 19, 2017 11:23 pm
Forum: Investing - Theory, News & General
Topic: Charles schwab - why so much cheaper?
Replies: 18
Views: 1762

Re: Charles schwab - why so much cheaper?

Jacky817 wrote:
Thu Oct 19, 2017 11:18 pm
What's the catch here? Or are they really the cheapest?
There's no catch.
by AlohaJoe
Thu Oct 19, 2017 11:06 pm
Forum: Personal Consumer Issues
Topic: Drawback of TOTP (app like Google Authenticator)?
Replies: 13
Views: 648

Re: Drawback of TOTP (app like Google Authenticator)?

Has this thought occurred to anyone else? It's too bad that Authenticator (or VIP or whatever app) doesn't have a way to send notifications to the user when someone tries to access a protected account. Any ideas? Or am I just wrong to think that this is a drawback of the TOTP apps? It's not really ...
by AlohaJoe
Thu Oct 19, 2017 10:13 pm
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 62
Views: 8988

Re: Amazed by Vanguard Wellington's Performance

I forget the exact numbers, but I think the closest I could get to Wellington's performance was 50 basis points of under-performance, and the length that I looked at varied depending on the two funds I picked (I just used the longest available lengths). I used the "Match Factor Exposure" on portfol...
by AlohaJoe
Thu Oct 19, 2017 5:56 am
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 1855

Re: Investing in private companies

I've no such experience. Thanks for clarifying though. I now understand what you mean, and it makes sense. Again, if I do this, it'll be with my own money (same goes to other partners). We won't be getting any loan (personally or through the partnership). Let me try to explain again...rarely does a...
by AlohaJoe
Thu Oct 19, 2017 2:41 am
Forum: Investing - Theory, News & General
Topic: Controlling portfolio risk with SDS Short ETF?
Replies: 1
Views: 200

Re: Controlling portfolio risk with SDS Short ETF?

If you follow that strategy you don't lose any money but you also don't make any money. If the S&P 500 goes down by -5% then PowerShares goes up by +10%. But if the S&P 500 goes up by +5% then PowerShares goes down by -10%. You stay (approximately) even no matter what the market does. - Your money s...
by AlohaJoe
Thu Oct 19, 2017 12:52 am
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 1855

Re: Investing in private companies

I'm not getting this. I put my money into a partnership. That partnership then puts money into private company X. If private company X goes under, and if it had some debt, are the partnership partners' assets at risk? In your example, you are talking about me going to bank and getting a loan. I hav...
by AlohaJoe
Wed Oct 18, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 1455

Re: Multi-currency accounts for US citizen

He’s young and idealistic. He thinks that companies should fill needs, as those needs are discovered, and that commerce should be low friction. He’ll learn, and someday, he might decide to fill an unmet need himself. Without knowing what he found lame about the many existing solutions, it is hard t...
by AlohaJoe
Wed Oct 18, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 1455

Re: Multi-currency accounts for US citizen

Just because you have a Euro account doesn't mean your bank has any access to Euro check clearing facilities.

I have multi currency accounts in several places and none of them would accept a Euro check.
by AlohaJoe
Wed Oct 18, 2017 2:26 am
Forum: Personal Consumer Issues
Topic: Should I upgrade my Mac Pro OS from El Capitan to Sierra?
Replies: 10
Views: 837

Re: Should I upgrade my Mac Pro OS from El Capitan to Sierra?

I'm wondering if there is any compelling reason to upgrade to Sierra, particularly for security reasons. I don't do a lot with my Mac Pro except cruise around on the internet and do emails, so don't think I have much use for all the new bells and whistles in Sierra. El Capitan seems fine. What do y...
by AlohaJoe
Tue Oct 17, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 26
Views: 2513

Re: seeking advice on asset allocation, or is Vanguard crazy

Age in bonds had no factual, empirical, or theoretical basis. Why do you care if it doesn't line up with some random benchmark made up decades ago with no research other than "sounds good to me!" Also, age in bonds assumed counting your Social Security as a bond, which is usually conveniently ignored.
by AlohaJoe
Mon Oct 16, 2017 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 1855

Re: Investing in private companies

That is scary. If we form an LLC or partnership with limited liability partners, wouldn't that protect our personal assets in situations such as this? 2. Personal guarantee of loans, contracts, legal settlement and "joint ans several" No, it wouldn't. I think you've misunderstood what dm200 is talk...
by AlohaJoe
Mon Oct 16, 2017 10:23 pm
Forum: Investing - Theory, News & General
Topic: Do International Funds provide significant US exposure?
Replies: 5
Views: 854

Re: Do International Funds provide significant US exposure?

As of June 2014, the MSCI ACWI index had 28% of its revenue from the US

Image

Since that's a global index -- which means approximately 50% of it is US companies -- I'd assume that an ex-US index would be even lower.
by AlohaJoe
Mon Oct 16, 2017 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Life and invalidity insurance for HNW...
Replies: 5
Views: 603

Re: Life and invalidity insurance for HNW...

If you die and your wife doesn't get $1 million in insurance payments....is her life materially affected?

Why do you think you need life insurance?
by AlohaJoe
Mon Oct 16, 2017 8:08 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 104
Views: 5686

Re: How does everyone keep track of your portfolio?

S&L1940 wrote:
Mon Oct 16, 2017 3:31 pm
Google and the Times adjusts price changes daily.
Google adjusts the price in real time, not daily.

I don't know what the Times does.
by AlohaJoe
Mon Oct 16, 2017 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1886

Re: Bonds v. bond funds

My understanding is that another concern with bond funds is that the yield is not guaranteed. That's aside from the risk of the value of the fund itself dropping, and so it's particularly a concern if you are using the bond fund yield to live on. My understanding is that if you buy a bond yielding ...
by AlohaJoe
Mon Oct 16, 2017 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1886

Re: Bonds v. bond funds

My understanding is that another concern with bond funds is that the yield is not guaranteed. That's aside from the risk of the value of the fund itself dropping, and so it's particularly a concern if you are using the bond fund yield to live on. My understanding is that if you buy a bond yielding ...
by AlohaJoe
Mon Oct 16, 2017 5:35 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1886

Re: Bonds v. bond funds

If you buy an individual bond, the principal is not going to fluctuate.. How does a bond fund principal fluctuate if none of the individual bonds it holds have their principal fluctuate? Seems like a Catch-22.... Of course, the principal of an individual bond does fluctuate. That's what causes the ...
by AlohaJoe
Sun Oct 15, 2017 9:52 pm
Forum: Personal Consumer Issues
Topic: contributing to friend's non-profit?
Replies: 36
Views: 1822

Re: contributing to friend's non-profit?

In my shoes, would you contribute to the nonprofit? If your shoes, I would beg off going to the gala -- some excuse on how that day won't work. But the refusal to attend is a phone call/email/whatever -- a persona outreach along with a "hey, let's go to lunch sometime this month and you can tell me...
by AlohaJoe
Sun Oct 15, 2017 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: [How to get started buying stocks]
Replies: 11
Views: 732

Re: How to get started buying stocks

Hi. I'm 52 and have been saving some money in a savings account, I have a 401K at work and I have a Roth IRA. I was interested in buying stocks and wondered if it was possible to start slow to get my feet wet and just buy one or two stocks at a time. If that is possible which site is best to do tha...
by AlohaJoe
Sun Oct 15, 2017 7:17 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 104
Views: 5686

Re: How does everyone keep track of your portfolio?

Google spreadsheet. Links to all my funds and ETFs so I can see the portfolio value in real time. When I tried this, the site posts "Google Finance is under renovation. As a part of this process, the Portfolios feature won't be available after mid-November 2017. To keep a copy, download your portfo...
by AlohaJoe
Sat Oct 14, 2017 8:10 pm
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 86
Views: 5333

Re: What do you buy in Asian food stores?

But before that, I explored a Vietnamese supermarket. They had bunches of many different leafy greens, but when I asked the woman working there if I could make a salad with them, she insisted that all these green things must be cooked. (I live in Vietnam.) I can't think of any common greens here th...
by AlohaJoe
Sat Oct 14, 2017 7:52 pm
Forum: Personal Consumer Issues
Topic: How long for hedonic adaptation to set in?
Replies: 109
Views: 6944

Re: How long for hedonic adaptation to set in?

I have always been interested in the "Hedonic treadmill" :happy “It’s not how much we have, but how much we enjoy, that makes happiness.” https://positivepsychologyprogram.com/hedonic-treadmill/ To me it is misnamed (probably misunderstood), it should be the Hedonic Ladder. After all isn't this wha...
by AlohaJoe
Sat Oct 14, 2017 6:52 pm
Forum: Personal Consumer Issues
Topic: How long for hedonic adaptation to set in?
Replies: 109
Views: 6944

Re: How long for hedonic adaptation to set in?

The question then becomes how long it will take for any initial increases in happiness to wear off? Unsurprisingly, there is not a constant number.... It varies depending on the item and experience. But to pick a single number.... Large lifestyle events generally take 5 years or so before you retur...
by AlohaJoe
Sat Oct 14, 2017 6:51 pm
Forum: Investing - Theory, News & General
Topic: When everything goes up, what goes down & vice versa
Replies: 28
Views: 3035

Re: When everything goes up, what goes down & vice versa

I am curious if that has happened before. I am also curious if there is any asset class that I don't have which isn't correlated with the above "traditional" assets. Yes, it has happened before. Many, many times. There are no asset classes under the sun that are perfectly anti-correlated. Just beca...
by AlohaJoe
Sat Oct 14, 2017 6:32 pm
Forum: Personal Consumer Issues
Topic: How long for hedonic adaptation to set in?
Replies: 109
Views: 6944

Re: How long for hedonic adaptation to set in?

The question then becomes how long it will take for any initial increases in happiness to wear off? Unsurprisingly, there is not a constant number.... It varies depending on the item and experience. But to pick a single number.... Large lifestyle events generally take 5 years or so before you retur...
by AlohaJoe
Sat Oct 14, 2017 2:28 am
Forum: Investing - Help with Personal Investments
Topic: Hybrid Liability Matching Portfolio checkup?
Replies: 9
Views: 406

Re: Hybrid Liability Matching Portfolio checkup?

You'd have to ask Bernstein whether he considers it a liability matching portfolio. I don't think it is. But I'm not sure why it matters what you call it. You have so much money it doesn't matter how you invest. Or whether you invest at all. Any asset allocation is fine so just do whatever makes you...
by AlohaJoe
Fri Oct 13, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Monthly USD to CDN conversion
Replies: 2
Views: 164

Re: Monthly USD to CDN conversion

There are numerous online currency exchange services. OFX, Transferwise, CurrencyFair, Xoom, fxe, TransferMate. There many online reviews, comparisons, and explanations of them to help you figure out which one is right for you.
by AlohaJoe
Fri Oct 13, 2017 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Intentionally Defective Grantor Trust to avoid estate tax limit?
Replies: 20
Views: 1645

Re: Trust to avoid estate tax limit?

I typed "how do trusts avoid inheritance taxes" into Google and found quite a few articles explaining how it works.
by AlohaJoe
Wed Oct 11, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Why no stable value accounts for "retail" investors?
Replies: 11
Views: 1290

Re: Why no stable value accounts for "retail" investors?

According to the Stable Value Investment Association all of the above guesses are wrong.

Unfortunately their FAQ doesn't provide much detail only saying "regulations prevent it".
by AlohaJoe
Wed Oct 11, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Please Criticize my Funds.
Replies: 28
Views: 2297

Re: Please Criticize my Funds.

I would take the comments saying that 90/10 is "very aggressive" for someone your age with a grain of salt. They are recommending bond percentages higher than Vanguard has for its own target date funds. Vanguard would have you at somewhere between 13% and 20%, not that you should believe everything ...
by AlohaJoe
Wed Oct 11, 2017 7:28 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Non-US Valuations Look Attractive
Replies: 73
Views: 6826

Re: Larry Swedroe: Non-US Valuations Look Attractive

I market weight so am already 50/50 and will stay the course. Int'l exposure helps me weather all this angst about US valuations. Cheers to diversification :sharebeer Not sure about that... Historically, when the markets in the US catch a cold, international markets catch pneumonia... The US did wo...
by AlohaJoe
Wed Oct 11, 2017 7:25 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Non-US Valuations Look Attractive
Replies: 73
Views: 6826

Re: Larry Swedroe: Non-US Valuations Look Attractive

He lists the P/E for DFA international small/value/etc. funds. By comparison, the Vanguard small/mid cap international fund VFSVX has: You can't compare P/E from different sources like that. Vanguard calculates it in a different way from DFA. Here is the Boglehead wiki on P/E: https://www.boglehead...
by AlohaJoe
Wed Oct 11, 2017 7:10 pm
Forum: Investing - Theory, News & General
Topic: Offensive Valuations
Replies: 45
Views: 4095

Re: Offensive Valuations

dcarste wrote:
Wed Oct 11, 2017 6:09 pm
2. As an analyst I know how fudged most of the accounting is, and so I use what nobody can really 'adjust' - REVENUES.
Revenue can be easily adjusted. It is strange that you haven't heard of the many many many many many cases of it happening.
by AlohaJoe
Tue Oct 10, 2017 11:35 pm
Forum: Investing - Theory, News & General
Topic: input needed on this book by Robert T. Kiyosaki in the "Rich Dad" series. Helping a friend.
Replies: 7
Views: 1250

Re: input needed on this book by Robert T. Kiyosaki in the "Rich Dad" series. Helping a friend.

I think John T Reed is the usual place to start when considering Robert Kiyosaki's works. Here's one example: https://johntreed.com/blogs/john-t-reed ... dad-part-1 but he's written a lot more.
by AlohaJoe
Tue Oct 10, 2017 12:52 am
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 3899

Re: Protecting against the possibility of a correction?

Meb Faber has an article out where he explains the use of a combination of monthly 5% out of the market put options on the market plus government bonds. I attach the article below... It looks like the cheapest option (with the 20% Tail Risk allocation) ends up costing 28% of your total portfolio. S...
by AlohaJoe
Tue Oct 10, 2017 12:39 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a new family home [Australia]
Replies: 19
Views: 1885

Re: Would you buy a new family home

I'm Australian but don't live in Australia. I wouldn't buy a house in your situation. Not so much because of worries about housing bubbles popping but just because it would have make you extremely leveraged and concentrated. I'd also be concerned that things that make it work for you right now -- li...
by AlohaJoe
Mon Oct 09, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Please define "cash"
Replies: 31
Views: 1967

Re: Please define "cash"

To further muddy the water, with T+2 now being faster than some ACH transfers, selling an ETF can be more liquid than an online checking account. Instead of worrying about the definition of cash, I'd ask what's the goal of that part of the portfolio. Then you'll be able to figure out what financial ...
by AlohaJoe
Mon Oct 09, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Moving to the UK from the US: tax advice requested
Replies: 10
Views: 695

Re: Moving to the UK from the US: tax advice requested

Thanks for the response! The reason for the detailed questions and seemingly clueless-ness on entities is because I have told the employer that this is what's happening. They will need to make everything work for me - and I have leverage on how things get set up. So, I'm asking for advice on the op...
by AlohaJoe
Mon Oct 09, 2017 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Moving to the UK from the US: tax advice requested
Replies: 10
Views: 695

Re: Moving to the UK from the US: tax advice requested

4. Would we still be able to contribute to company 401ks if we maintain paychecks in USD? The currency you get paid in isn't relevant. Will you be employed by a company that offers a 401(k)? Which legal entity will employ you? 5. We'd like to maintain 100% USD paychecks. How do set ourselves up wit...
by AlohaJoe
Sun Oct 08, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 12061

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

If Bogle thinks stocks are fully valued today then I guess that means he thought they were undervalued a year ago, as they've gone up over 17% since then. Not necessarily. Earnings have generally increased since then. True but valuations have gone up. Today CAPE10 is 31.11. In January 2016 it was 2...
by AlohaJoe
Sun Oct 08, 2017 7:49 am
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 12061

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

If Bogle thinks stocks are fully valued today then I guess that means he thought they were undervalued a year ago, as they've gone up over 17% since then.
by AlohaJoe
Sat Oct 07, 2017 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Paternity/Maternity Leave & Its Influence on Career Trajectory
Replies: 23
Views: 1677

Re: Paternity/Maternity Leave & Its Influence on Career Trajectory

The only times I've seen career trajectories affected by parental leave is when it was for a long enough period that a replacement needed to be hired. That is, 6- to 12-months. The replacement ended up being better at the job that the original, plus the organization has changed as well, and it took ...
by AlohaJoe
Sat Oct 07, 2017 10:28 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7442

Re: Do you want your receipt?

I always demand a receipt and check them against the monthly statement. How else can you check for fraud accurately? Exactly! I'm shocked anyone would say no. I guess they just pay whatever the cc statement says or the minimum. I get an SMS instantly from my bank whenever someone makes a credit car...
by AlohaJoe
Sat Oct 07, 2017 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6805

Re: How big a portfolio should I have before retiring?

$68k / year at 4% WR → $1.7M $68k / year at 3% WR → $2.3M The OP doesn't need $68k a year from her portfolio, though. She needs somewhere between $0 and $20,000 a year from the portfolio. $20k a year at 3% is $600,000. That requires that the wife keeps working "forever". (Well, until Social Securit...
by AlohaJoe
Sat Oct 07, 2017 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: 3x gross income = house purchase price, should interest rate be taken into account?
Replies: 26
Views: 2134

Re: 3x gross income = house purchase price, should interest rate be taken into account?

RRAAYY3 wrote:
Sat Oct 07, 2017 6:42 pm
im starting to wonder if buying a home is now simply a scam pawned off as the “American dream”
I wouldn't call it the American dream or a scam when there are 40 countries where more people own their homes than in the US.

Image
by AlohaJoe
Sat Oct 07, 2017 6:36 pm
Forum: Personal Consumer Issues
Topic: Tips on Uber
Replies: 77
Views: 7029

Re: Tips on Uber

irishnick23 wrote:
Sat Oct 07, 2017 12:26 pm
AlohaJoe wrote:
Tue Apr 18, 2017 9:33 pm
ralph124cf wrote:Do people usually tip on Uber? How much? How, cash or on the app?
No, I never tip.

The cost of running a business should be built into the sticker price.
So do you not tip at restaurants?
No, I don't.

I also don't live in the US. Somehow our restaurant industry has survived.
by AlohaJoe
Sat Oct 07, 2017 6:56 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15368

Re: Bogle himself is saying we will expect like 3% for the next decades

https://monosnap.com/file/qRycrUJ4pmcew4oyT4DS3kTk8wUOoD.png Seems more than 3%. Maybe you accidentally used the first number given by dqydj, it confusingly gives a "total return" EXCLUDING dividends first, then below that says "Annualized S&P 500 Return (Dividends Reinvested)", which is the actual...
by AlohaJoe
Fri Oct 06, 2017 7:42 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15368

Re: Bogle himself is saying we will expect like 3% for the next decades

I think it's worth understanding the scenarios whereby you end up at 3% for a decade. For example, if you average an 8% return for 9 of those years and have one year where the market is down by 1/3, you end up with a 3% CAGR. That's not really a depressing combination of events--that's more like wh...
by AlohaJoe
Fri Oct 06, 2017 6:41 pm
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8081

Re: I'm thinking about cashing completely out of equites....

harrington wrote:
Fri Oct 06, 2017 12:59 pm
With the market overdue for a correction
There were corrections in 2016 and 2011. Why do you think we're overdue for another one?