Search found 6502 matches

by JoMoney
Wed Jan 16, 2019 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Furloughed Fed Employee - How to make best use of time
Replies: 30
Views: 2322

Re: Furloughed Fed Employee - How to make best use of time

whodidntante wrote:
Tue Jan 15, 2019 11:10 pm
Eclipse livesoft's post count.
Only if you can do so without diluting quality.
by JoMoney
Wed Jan 16, 2019 6:51 am
Forum: Investing - Help with Personal Investments
Topic: More S&P500 or add QQQ
Replies: 3
Views: 356

Re: More S&P500 or add QQQ

What do you mean by "... is it okay to add ....[some etf] ? " It's not a criminal or immoral act as far as I can tell. QQQ tracks companies listed on the NASDAQ exchange, which is predominately tech companies, but there are better ETF's that actually track the tech sector (which is not the goal of Q...
by JoMoney
Wed Jan 16, 2019 3:46 am
Forum: Investing - Theory, News & General
Topic: When do you REALLY get ancillary benefits from VG, CS, Fido?
Replies: 2
Views: 341

Re: When do you REALLY get ancillary benefits from VG, CS, Fido?

When they start personally inviting you places and giving you perks you should wonder why they've taken so much interest
https://youtu.be/SsYoQdeJC9o
by JoMoney
Wed Jan 16, 2019 3:14 am
Forum: Personal Consumer Issues
Topic: Using carry-on for traveling locally?
Replies: 13
Views: 713

Re: Using carry-on for traveling locally?

I use a carry-on duffel bag for traveling internationally. I get by pretty easy though relative to people that are pickier and/or indecisive. I make it a point of not wearing clothes that require ironing. If I did, probably wouldn't be using a typical carry-on bag either, but a "garment bag" https:/...
by JoMoney
Tue Jan 15, 2019 9:37 am
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 71
Views: 3280

Re: Duffel Bag vs Wheeled Stand Up traveling

From what I've seen, people who carry on those outdoor hiking packs are the leading cause/reason why many people with those roller-bags run out of room. Those roller-bags tend to be perfectly sized to take up the maximum space you can fit per person in one of the overheads if everyone only used thos...
by JoMoney
Tue Jan 15, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: An Annuity Hater Revisits SPIAs
Replies: 19
Views: 2054

Re: An Annuity Hater Revisits SPIAs

His biggest complaint seems to be the lack of inflation protection, which is a valid concern, but it's not like you would get somehow get bonus inflation protection drawing down on a ladder of nominal bonds you're invested in today. If it's money you would have invested in bonds/fixed income anyways...
by JoMoney
Mon Jan 14, 2019 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: How do funds transfer when you do a 401k to a IRA rollover?
Replies: 5
Views: 246

Re: How do funds transfer when you do a 401k to a IRA rollover?

Thanks for the fast replies! My 401k is administered through Fidelity. When I've talked to them about this, they indicated that a rollover to an IRA at a different company would require a check being cut and mailed, for an additional fee it could be mailed via some expedited process. If I opened a ...
by JoMoney
Mon Jan 14, 2019 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: How do funds transfer when you do a 401k to a IRA rollover?
Replies: 5
Views: 246

Re: How do funds transfer when you do a 401k to a IRA rollover?

My 401k is administered through Fidelity. When I've talked to them about this, they indicated that a rollover to an IRA at a different company would require a check being cut and mailed, for an additional fee it could be mailed via some expedited process. If I opened a rollover IRA at Fidelity, they...
by JoMoney
Mon Jan 14, 2019 3:05 pm
Forum: Investing - Theory, News & General
Topic: "Dirt Simple Wins Again. Couch Potato Portfolio"
Replies: 20
Views: 4208

Re: "Dirt Simple Wins Again. Couch Potato Portfolio"

... Let’s hear it for low costs and simplicity If this were a once only, one-year thing, few would scratch their heads. Diversification across different kinds of assets is one of the central ideas of modern investing. It has been a non-functional idea so far this century. That’s a long time. ... :s...
by JoMoney
Sun Jan 13, 2019 9:39 pm
Forum: Personal Consumer Issues
Topic: How do I stop jeans from ripping in the thighs?
Replies: 65
Views: 3834

Re: How do I stop jeans from ripping in the thighs?

... I meant the thread being deemed not actionable in terms of finance. You would have to read forum rules. I'm sure some "expert" could come up with a new study/breakthrough/paper/blog post, etc. showing how ripped jeans are a sign of stocks being over/undervalued. This is in the "Personal Consume...
by JoMoney
Sun Jan 13, 2019 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: VFIAX to VTSMX
Replies: 6
Views: 373

Re: VFIAX to VTSMX

I use VFIAX, but VTSMX is fine (or rather VTSAX the admiral class of VTSMX). Go with whatever you'll stick with. Vanguard won't charge you any fees, but they will likely block you from buying any VFIAX in that account for 30 days after you've sold. There are no tax concerns regardless (of gain or lo...
by JoMoney
Sun Jan 13, 2019 7:11 pm
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 22
Views: 2263

Re: Further diversifying the 60/40 portfoilio?

Hearing investing (or anything related to economics) called a "science" makes me cringe. We're not dealing with physical properties in controlled testable repeatable situations. There might be parallels, as with psychology, sociology, marketing, etc... but... <groan> There is always more "diversific...
by JoMoney
Sun Jan 13, 2019 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Small cap tilting
Replies: 20
Views: 1166

Re: SMALL CAP TILTING

... 3. What small cap funds in general do bogleheads recommend for long term investing? I don't recommend small cap investing. I have a S&P 500 index fund, which effectively has no small caps. If I was going to suggest something with small-caps it would be the "Total Market" fund which holds small ...
by JoMoney
Sun Jan 13, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: PNC 2.35% online savings
Replies: 13
Views: 1573

Re: PNC 2.35% online savings

Don't have it, but I'll point out there are other options as well with same and better rates https://depositaccounts.com/savings/ https://depositaccounts.com/moneymarket/ I use my Vanguard settlement account Money Market fund rather than trying to chase which bank is offering the best rate. The Fede...
by JoMoney
Sun Jan 13, 2019 3:10 pm
Forum: Personal Consumer Issues
Topic: How do I stop jeans from ripping in the thighs?
Replies: 65
Views: 3834

Re: How do I stop jeans from ripping in the thighs?

Are they ripping on a seam? Are you buying cheap jeans? I'm wondering if it's poor quality stitching. I recall having a relatively new pair of jeans rip along the inner leg seam, pretty sure they weren't Wranglers or Levis.
by JoMoney
Sun Jan 13, 2019 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 181
Views: 18086

Re: Fidelity as a one stop shop

^FWIW, if they won't reduce it to 0, you might see if they can reduce it to another lower amount. I had a bank that couldn't/wouldn't reduce to 0 but discovered they could reduce it to $1.
by JoMoney
Sun Jan 13, 2019 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: I know market timing is a fool's game but...
Replies: 59
Views: 4541

Re: I know market timing is a fool's game but...

A "recession" doesn't happen on just "any day". A recession is typically several months of economic decline. Frequently quantified as two consecutive quarters of negative economic growth as measured by GDP. A recession can happen and the stock market continue to rise (although unlikely). The stock m...
by JoMoney
Sun Jan 13, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 71
Views: 3280

Re: Duffel Bag vs Wheeled Stand Up traveling

2018: 100,000 miles, 80 flights, 20 cities. If it doesn't roll - or attach to something that does - it stays home. Exactly. How many of the people who are carrying a bunch of stuff on their shoulders are over 40? Or women? Or fly more than 100k? I suspect very few. I've definitely flown over 100k, ...
by JoMoney
Sun Jan 13, 2019 12:37 pm
Forum: Investing - Theory, News & General
Topic: charles schwab, fidelity and seven other banks and brokerages are planning to launch a new exchange
Replies: 6
Views: 1371

Re: charles schwab, fidelity and seven other banks and brokerages are planning to launch a new exchange

I would think more competition is a good thing, as long as access is still available to all the exchanges, and the bid/ask is transparent across all of them. Theoretically, people who trade with these brokers might... maybe... have faster/better access to this exchange circumventing the the advantag...
by JoMoney
Sun Jan 13, 2019 12:28 pm
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 71
Views: 3280

Re: Duffel Bag vs Wheeled Stand Up traveling

^ FWIW, I use a duffel bag that was literally purchased at Walmart for about $10, I've been on well over a hundred trips with it over the past 7 years. It's still in good condition. I doubt anybody wants to inherit it though, I would have no qualms with throwing it away if need be and shelling out a...
by JoMoney
Sat Jan 12, 2019 11:00 pm
Forum: Investing - Theory, News & General
Topic: Anyone beating the index instead of buying it?
Replies: 51
Views: 5004

Re: Anyone beating the index instead of buying it?

...because very few stocks are larger than the median market-cap of the market. ~50% of stocks are larger than the median.. Not quite, the "Median market cap" of Total Stock Market is $72.5 billion Of the 3639 stocks in the fund, only about 80 are bigger than that. We're measuring "the market" by w...
by JoMoney
Sat Jan 12, 2019 9:24 pm
Forum: Investing - Theory, News & General
Topic: Anyone beating the index instead of buying it?
Replies: 51
Views: 5004

Re: Anyone beating the index instead of buying it?

More than 10 years ago now, I used to have an individual stock portfolio. I know on a total return basis, and ignoring taxes on my trading, I was doing a little better than the S&P 500 for the years 2001-2007. I should also note, that I have no idea how I compared on a "risk adjusted" basis, and I s...
by JoMoney
Sat Jan 12, 2019 9:16 pm
Forum: Investing - Theory, News & General
Topic: Question about FDIC insurance
Replies: 21
Views: 1280

Re: Question about FDIC insurance

I wonder how unified and quickly they would be if it got to the point congress had to actually formally act to appropriate money to bail out FDIC.
by JoMoney
Sat Jan 12, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 181
Views: 18086

Re: Fidelity as a one stop shop

... When the Fidelity card (then an AMEX) was issued by FIA Card Services (subsidiary of BofA), they did not notice that my card was being used fraudulently until after the 3rd day of purchases. Their website did not have any way of setting alerts at the time, either, so I didn't know. I only found...
by JoMoney
Sat Jan 12, 2019 4:39 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 8333

Re: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]

I found this out in the ether and thought it was interesting and relevant to this topic : http://www.stockbrokerfraudblawg.com/leveraged-and-inverse-etfs-may-not-be-suitable-for-all-investors/2009/10/ ... FINRA has already declared that leveraged ETFs are typically unsuitable for retail investors. T...
by JoMoney
Sat Jan 12, 2019 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Moving money within Vanguard funds
Replies: 2
Views: 491

Re: Moving money within Vanguard funds

https://investor.vanguard.com/investing/online-trading/how-to-buy-shares ... Prices Each business day, by law, mutual funds determine the price of their shares. They do this by taking the current value of all a fund's assets, subtracting the liabilities, and dividing the result by the total number ...
by JoMoney
Sat Jan 12, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 71
Views: 3280

Re: Duffel Bag vs Wheeled Stand Up traveling

It's true for me. I have long used only a duffel bag that's about as big as can fit under a seat, as my only travel bag. I regularly travel to-from U.S. and Australia. The wheeled 'carry on' sized bags frequently run out of over-head room for storage and are not malleable enough to fit into the some...
by JoMoney
Fri Jan 11, 2019 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 90
Views: 9831

Re: Millionaire by 40 and How you Did it?

Slightly above average income (based on BLS wage data), single, no kids, very frugal.
Travel frequently and able to get employer to pay a lot of living expenses (which bumps up income).
You can find data on net worth by age percentile here:
https://dqydj.com/net-worth-by-age-calc ... ed-states/
by JoMoney
Fri Jan 11, 2019 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Front Loading vs Dollar Cost Averaging Calculator
Replies: 5
Views: 378

Re: Front Loading vs Dollar Cost Averaging Calculator

If you look at the past, "front loading" (getting the money in as soon as possible) was more frequently the superior strategy. Nobody knows what the future will look like, but if it will bother you too much if there is a dip soon after you invest, averaging in over time will alleviate the risk of th...
by JoMoney
Fri Jan 11, 2019 3:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard explains the increase in ex-us allocation
Replies: 34
Views: 4566

Re: Vanguard explains the increase in ex-us allocation

^ 20% would seem to be a happy middle-road between the 0% and 40% contenders
by JoMoney
Fri Jan 11, 2019 3:45 am
Forum: Investing - Help with Personal Investments
Topic: International debate again!!
Replies: 16
Views: 1118

Re: International debate again!!

Yes, there are argument for and against. You'll find lots of threads with those arguments on here. I will point out, that Vanguard continues to list more risks related to international in the funds prospectus, and gives international a risk profile of "5" on the Total International fund, relative to...
by JoMoney
Fri Jan 11, 2019 3:26 am
Forum: Investing - Theory, News & General
Topic: Are REITs better to purchase when interest rates are high or low?
Replies: 64
Views: 4265

Re: Are REITs better to purchase when interest rates are high or low?

Real estate is very capital intensive, requiring huge investments in property and building, to earn better returns on that investment it's typical to use a large amount of leverage/borrowed money. When interest rates are high, the cost to carry that leverage is high and reduces the margins/profitabi...
by JoMoney
Thu Jan 10, 2019 11:52 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 151
Views: 11315

Re: Around 43K in dividends last year - feel good about it ?

If it helps you stay the course, I guess that might be good for you, but if I look at the returns of funds tilted to dividends, like Vanguard 500 vs Vanguard High Dividend Fund, or Vanguard Growth vs Vanguard Value, you likely could have withdrawn more from the portfolio using a total return approac...
by JoMoney
Wed Jan 09, 2019 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: How do I buy gold?
Replies: 55
Views: 3535

Re: How do I buy gold?

The fascination with gold is a cultural one. Is related to the preppers who are mostly Americans. There is almost no prepper movement outside US. I believe is a religious thing, as American society is very influenced by neo-protestant views over the apocalypse and rapture. From what I've heard, gol...
by JoMoney
Wed Jan 09, 2019 2:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 553
Views: 60419

Re: U.S. stocks continue to soar!

We are in a "shut down" and a "trade war" and stocks are soaring. Any hint of things getting settled will cause a super soar. I went long in December so I'm good. I have been averaging in over time, and I'm also good. My balance isn't as high as it was in September, but my average cost is much much...
by JoMoney
Wed Jan 09, 2019 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Built a Dividend Growth Investment Portfolio
Replies: 19
Views: 1439

Re: Help me Built a Dividend Growth Investment Portfolio

I do not use a dividend focused portfolio, and wouldn't recommend it to others. That said, I can see the appeal it has to people, and there may be limited circumstances where it's appropriate. I believe there is a distinction between "Dividend Growth" and "High Dividend Yield" styles of investing. I...
by JoMoney
Wed Jan 09, 2019 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: How do I buy gold?
Replies: 55
Views: 3535

Re: How do I buy gold?

I am not a buyer or investor in gold. But as far as I can tell, the most cost efficient way to buy/sell gold is through exchange traded products like GLD. The markup/discount selling physical gold is quite large. That said, I can't fathom the idea of buying an "investment" that not only doesn't accu...
by JoMoney
Tue Jan 08, 2019 10:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 553
Views: 60419

Re: U.S. stocks continue to sore!

I am conflicted, being an accumulator, but having the a large portfolio that dwarfs most of my new contributions. It's nice to see it going up, but I would also like the opportunity to buy more at lower prices :? Until we're close to the previous highs, I'm stilling going to say "stocks continue to ...
by JoMoney
Tue Jan 08, 2019 6:28 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12537

Re: Recommendations for a 9mm handgun

I'm wondering what happened to the OP in this thread, new user, one other post... I'm afraid the thread is going to derail without some feedback on what purposes they might looking at.
by JoMoney
Tue Jan 08, 2019 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why isn't an AA of 75/25 with a SWR 3.75% the standard??
Replies: 58
Views: 6002

Re: Why isn't an AA of 75/25 with a SWR 3.75% the standard??

Other studies had suggested 100% success rate with 60/40 and 4% SWR @ 30 years. The data from this "study" is a little different. It likely wouldn't be a big deal either way, these percentages are only based on some specific time period that is now in the past, or ranges of data ran through a monte ...
by JoMoney
Tue Jan 08, 2019 4:14 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12537

Re: Recommendations for a 9mm handgun

mak1277 wrote:
Tue Jan 08, 2019 4:10 pm
Gort wrote:
Tue Jan 08, 2019 3:58 pm
Odd discussion for a financial forum.
More or less odd than "what's the best type of men's underwear"? :)
We have lots of consumer product/purchase discussions.
by JoMoney
Tue Jan 08, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 8333

Re: More Nanny State From Vanguard

I wonder how many Vanguard customers this would actually impact. My supposition would be not many, and those who do aren't really a good "fit" for Vanguarding.
As a broker, Vanguard does have some responsibility for managing "suitability"
by JoMoney
Tue Jan 08, 2019 3:17 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12537

Re: Recommendations for a 9mm handgun

...If you ever discharge one of those in an enclosed room in your house you will not be able to fire a second shot and your hearing will be ruined. Just shooting them at the range with hearing protection is so unpleasant you will not want to practice.... :thumbsup I highly recommend never dischargi...
by JoMoney
Tue Jan 08, 2019 2:58 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7362

Re: Safe withdrawal rate at 38 years old

I would look at a life expectancy table, and work out what the implied amortization at a reasonable interest rate would be. Essentially the same process a SEPP 72t early retirement account withdrawal calculator would do, or what getting a quote for an immediate annuity might offer. These calculation...
by JoMoney
Tue Jan 08, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12537

Re: Recommendations for a 9mm handgun

+1 on "on going to a range to try various models" and "take a safety course" What you expect to use the gun for should make a big difference. I like .22's, the ammo is cheap, it's not too loud, can plink around with targets all day on the cheap. The cost of 9mm rounds aren't too bad, but its signifi...
by JoMoney
Tue Jan 08, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Paying "cash" for auto - possibly w regular credit card?
Replies: 51
Views: 3577

Re: Paying "cash" for auto - possibly w regular credit card?

I found a used car dealer who once grudgingly allowed me to pay for $5,000, a little over half the value of a car, with a rewards credit card. Most car dealers will not. "Hertz Car Sales", that sells their inventory of prior rental cars, will allow you to rent a car for 3 days on a credit card and c...
by JoMoney
Tue Jan 08, 2019 12:28 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 8333

Re: Vanguard to stop accepting leveraged and inverse investments??

I doubt that it relates to individual stocks, only to "funds" and ETNs.
Not surprising, as those funds are explicitly designed for day-trading, not long-term investment.
A frequent disclaimer in Vanguard's products:
"Do not invest with Vanguard if you are a market-timer."
by JoMoney
Tue Jan 08, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: A Test of Warren Buffett's 90:10 Retirement Portfolio
Replies: 33
Views: 4040

Re: A Test of Warren Buffett's 90:10 Retirement Portfolio

... The author then discusses two modified 90:10 strategies (T1 and T2), which are dynamic allocation strategies ( market timing? ). "The first change [T1] relates to the annual withdrawal to the behavior of the stock market in the previous year. If stocks have gone up, the retiree takes the annual...
by JoMoney
Tue Jan 08, 2019 1:16 am
Forum: Investing - Theory, News & General
Topic: Able to direct dividends into a different mutual fund at Vanguard?
Replies: 5
Views: 515

Re: Able to direct dividends into a different mutual fund at Vanguard?

Mark D wrote:
Tue Jan 08, 2019 12:14 am
I thought you could do this with the old mutual fund platform but not with the newer brokerage accounts.
Yup... that's one of the features that went away with the "upgrade"
You can direct the dividends into a different Vanguard fund, as long as that fund is your settlement fund.