Search found 601 matches

by BanditKing
Wed May 15, 2019 1:42 pm
Forum: Personal Investments
Topic: Sell I-Bond just to re Buy at fixed interest?
Replies: 5
Views: 362

Re: Sell I-Bond just to re Buy at fixed interest?

If you have some of your $10000 left, it makes sense to swap em. Just remember, you will owe taxes on the gains of what you sell, and there is a holding period for new purchases.

I swapped about $3500 last year.
by BanditKing
Tue Apr 30, 2019 1:31 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 217
Views: 18195

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I had a small position in this ETF (maybe $1500) but decided to bail on it. Moved the proceeds into Wellington and called it a day. I
by BanditKing
Tue Apr 30, 2019 10:22 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1767
Views: 120317

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Late to the party on this grand experiment. Had a job loss, new job, relocation in there so needed to get resettled.

That said, I'm in for around 8.5% of my investable portfolio in a ROTH account at M1. Time to let 'er rip!

(markets guaranteed to plummet now!)
by BanditKing
Tue Apr 30, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 180
Views: 15612

Re: Man’s life savings stolen from hijacked cellphone number

Adding a random anecdote. Recently transferred a portion of the my ROTH from Vanguard to M1 as part of the Hedgefundie adventure. Provided M1 with a portion of my statement and indicated which position I wanted move, that was fine. However, it then just ... happened. Never received any confirmation ...
by BanditKing
Mon Apr 22, 2019 8:33 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on food per month, per person?
Replies: 190
Views: 15378

Re: How much do you spend on food per month, per person?

One person, I average about $200/mo inclusive of restaurants. Occasionally up to $250 if I'm going on a sushi bender.
by BanditKing
Mon Apr 15, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 76
Views: 9842

Re: Do not use Personal Capital

I get a call from a PC agent about every six months. I thank them politely for the call, tell them I'm not interested in a consultation, and go on with my day. Six months later, it will be a new agent, but they are always very polite. I find PC invaluable to getting a snapshot of my holdings, and I ...
by BanditKing
Wed Apr 03, 2019 8:56 pm
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 128
Views: 14304

Re: New 2019 RAV4 is now out - looks good

I had been watching the 2019 RAV4 Hybrid since the base specs were announced. Unfortunately, the continued lack of Android Auto, and the NVH complaints have taken it off the list. Leaning towards a CX5 probably, maybe a CX9 (may want some towing capacity).
by BanditKing
Mon Mar 18, 2019 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Picking between two job offers...
Replies: 12
Views: 1334

Re: Picking between two job offers...

#2 might be interesting for the security clearance. Once you have that, a lot of government and high-price contractor options open up. It's difficult to get a job to sponsor a security clearance, but having one can pay off many times over.
by BanditKing
Fri Mar 01, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Should I switch my daily banking business to Ally?
Replies: 51
Views: 3512

Re: Should I switch my daily banking business to Ally?

I've been with Ally for several years. Very happy with them. Like most others, I keep an account at a local credit union, to handle cash deposits as well as any check that might not deposit for some reason with Ally's phone app. This is also where I keep a safe-deposit box. Ally is super easy. ATMs ...
by BanditKing
Thu Feb 28, 2019 3:17 pm
Forum: Personal Investments
Topic: Great Goofs
Replies: 47
Views: 4381

Re: Great Goofs

Crypto
by BanditKing
Thu Feb 28, 2019 3:12 pm
Forum: Personal Consumer Issues
Topic: Car Navigation System Update
Replies: 36
Views: 2022

Re: Car Navigation System Update

You can buy the Ford map card off Amazon for about $75. No need to pay the stupid $150 price to Ford.
by BanditKing
Thu Feb 28, 2019 2:59 pm
Forum: Personal Investments
Topic: Can you record a call with financial services reps?
Replies: 4
Views: 479

Re: Can you record a call with financial services reps?

Also, IANAL, but I believe if you call in to Fidelity and they say "This call may be recorded", that is sufficient to permit you to record in a two-party state as well.

You could always just tell the rep you are recording, too.
by BanditKing
Thu Feb 28, 2019 2:52 pm
Forum: Personal Investments
Topic: Is it hard to capture tiny profits trading if you are not greedy?
Replies: 21
Views: 1509

Re: Is it hard to capture tiny profits trading if you are not greedy?

Pretty sure the frequent trading rules of the brokerage would kick in. There's no risk. You end up with a cash position end of day if it never dipped below open. What you are functionally doing is increasing the number of shares you hold, not the value of your portfolio (although that value would in...
by BanditKing
Thu Feb 21, 2019 9:46 pm
Forum: Personal Consumer Issues
Topic: Favorite youtube channels?
Replies: 65
Views: 5748

Re: Favorite youtube channels?

I subscribe to "Scott Manley", a Scottish Rocket Scientist in California who explains the latest in rocketry and space news with interesting detail. He also has a Kerbal Space Program channel that he uses to explain spaceflight and to try out some wild ideas. Scott Manley is great! He genuinely lov...
by BanditKing
Wed Feb 20, 2019 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate / Renting far from Home 3/5 rule
Replies: 10
Views: 1148

Re: Real Estate / Renting far from Home 3/5 rule

Margins feel way to razor-thin. You're one harsh sneeze away form being seriously negative, especially if there is an assessment.

I'd sell it, and avoid the tax hit. Use Redfin to save on the commissions.
by BanditKing
Mon Feb 18, 2019 11:00 pm
Forum: Personal Investments
Topic: Portfolio help for 2 teacher family in Ohio
Replies: 26
Views: 1687

Re: Portfolio help for 2 teacher family in Ohio

Do you both continue to have access to a 403b? If so, you might want to look into them as another vehicle.
by BanditKing
Mon Feb 18, 2019 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Selling My House - How Much $ Ends Up in My Pocket?
Replies: 10
Views: 2290

Re: Selling My House - How Much $ Ends Up in My Pocket?

You could also use Redfin as your realtor. They pay the full 3% to the buyer's agent, but discount the seller fee. In WI, they charge the greater of $4500 or 1.5%. I'll save a solid $1500ish on my $210k condo I'm putting up next week. Other markets can been as low as 1%. If you use them as your buye...
by BanditKing
Sun Feb 17, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Moved to new state/job 6M ago. Previous employer wants me back!
Replies: 57
Views: 5624

Re: Moved to new state/job 6M ago. Previous employer wants me back!

Assuming going back fully appeals: They pay off the poison pill, including grossing up any taxes They let you work out of the local office. Offer 1 week in 4 to go to CA for face-to-face - company pays travel and lodging costs and a perdiem. Salary at least 20% more than the greater of your old posi...
by BanditKing
Fri Feb 15, 2019 8:41 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1767
Views: 120317

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

staythecourse wrote:
Fri Feb 15, 2019 5:28 pm
I do agree with another poster above and mentioned it in one of the first posts on this thread the biggest risk is still the fund closing.
Might it not make sense to use more than one similar 3x ETF. Reduces the risk from one closing down. UPRO+SPXL for example. Do 20/20/60?
by BanditKing
Fri Feb 15, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Layoff Rehire and Career Options
Replies: 12
Views: 1309

Re: Layoff Rehire and Career Options

Will rehire to fill my position. What do you mean here? Just that they will rehire you to reill? I will be eligible for severance if I decide to leave. What is the duration of your eligibility to voluntarily leave and still receive severance? My initial thought is to keep the position and take the ...
by BanditKing
Fri Feb 15, 2019 12:39 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 107021

Re: How much money do you want to retire?

Nearly 48 with a net-worth of about $650k. I would love to hit a number that would reliably let me pull about $70k/year post tax (2019 dollars) which I figure is about $2.5M. I want to retire at 55, but I don't see that happening short of something seriously unexpected happening (lottery, rich uncle...
by BanditKing
Wed Feb 13, 2019 11:13 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 217
Views: 18195

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

PluckyDucky wrote:
Wed Feb 13, 2019 11:11 pm
With an inception in August 2018 and a terrible December 2018, a fund with 90% equity isn't going to look fantastic.
Well that is very true. Time will tell.
by BanditKing
Wed Feb 13, 2019 10:56 pm
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 217
Views: 18195

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I own 52 shares in my Vanguard account (it's a free-trade ETF), valued today at just under $1300. Performance has been "meh" and I don't expect to purchase more. I may dump it when I hit one year. Honestly, doesn't seem to be performing as one would expect.
by BanditKing
Wed Feb 13, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Wife has accumulated $90K in debt - Advice sought...
Replies: 42
Views: 5647

Re: Wife has accumulated $90K in debt - Advice sought...

1) Freeze her credit 2) Cut up her CCs 3) Put together a budget that she agrees to - in writing - that includes most money going to debt 4) Debt snowball - likely with minimum 401k for company match, IMHO. 5) Ebay unneeded crap 6) Austerity Time for 3-4 years 7) Keep all finances separate going forw...
by BanditKing
Wed Feb 13, 2019 12:12 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1767
Views: 120317

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

HomerJ wrote:
Wed Feb 13, 2019 10:28 am
BanditKing wrote:
Wed Feb 13, 2019 12:31 am
I'd still love to see some 2000 and 2008 graphs - could change my mind.
You're making a critical assumption that the next crash will be similar to 2000 and 2008.
You are absolutely right, but at the same time you have to have some reference.
by BanditKing
Wed Feb 13, 2019 12:31 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1767
Views: 120317

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Again, this is a *risky* strategy so I'd bet a very modest % of your portfolio (I'm betting <<5%) if you plan on joining the rest of us fools on this adventure :D , I can't help but think the idea is really good, but 8 or 9 years into a bull market is probably asking for trouble. That said, the bac...
by BanditKing
Wed Feb 13, 2019 12:00 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1767
Views: 120317

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

I may have missed it, how how does this adventure fare if executed just prior to a market downturn? That would be my concern - I'd worry that the recovery time would be significant.

Any backtests for starting close to 2000 and 2008 type of plummets?
by BanditKing
Tue Feb 12, 2019 1:30 pm
Forum: Investing - Theory, News & General
Topic: Benefits of Fidelity vs Vanguard
Replies: 50
Views: 7049

Re: Benefits of Fidelity vs Vanguard

I currently have my ROTH and main taxable at Vanguard. My Corp 401k as well as 2% credit card attached to a brokerage account are at Fidelity. I use that credit card for everything I possibly can and probably harvest $500+/yr in rewards, which I use to purchase whatever no-fee ETF looks interesting....
by BanditKing
Wed Feb 06, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help - DW Laid Off and Company wants her back now
Replies: 107
Views: 10968

Re: Need Help - DW Laid Off and Company wants her back now

I'd start with a good "financial apology" for that kind of hell. Realistically, vest all the stock, a solid cash bonus (enough for a nice vacation - $5-10k maybe?) and maybe some stock options. A promotion, at least in title, isn't unwarranted either. DW should also take this as a warning sign, get ...
by BanditKing
Tue Feb 05, 2019 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Job Loss Checklist
Replies: 19
Views: 2256

Re: Job Loss Checklist

FINAL UPDATE tl;dr - So, in the end, this little exercise in job loss turned out to be a bit of a false alarm. As my end date approached, the company extended me an offer to take an identical position in another city, which after some contemplation, I accepted. [ALSO See companion thread: https://ww...
by BanditKing
Sun Feb 03, 2019 5:57 pm
Forum: Personal Consumer Issues
Topic: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?
Replies: 155
Views: 10929

Re: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?

I take my puppers (a Cavalier Spaniel) to doggy day care if I'm not working out of home that day. He can go a couple hours alone, but isn't really good at holding it if someone isn't home, unfortunately. Doggy Daycare is the best solution, he has lots of fun with his friends, and comes home plenty e...
by BanditKing
Tue Jan 29, 2019 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Job Transfer Quandary
Replies: 8
Views: 762

Re: Job Transfer Quandary

If they phased you out in the current job, why do you think this would be more stable ? And if not, why relocate and give up severance for an unstable job ? My current (ending) position had some replication of personnel and seriously lagging sales figures, while the other area has been doing very w...
by BanditKing
Mon Jan 28, 2019 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Job Transfer Quandary
Replies: 8
Views: 762

Job Transfer Quandary

Relevant stats: Single, no kids, ~$100k/yr salary. No debt save house worth ~$190K (owe $97k@2.625%) I wanted to get some feedback on a possibly vexing situation related to my impending layoff. I previously posted ( https://www.bogleheads.org/forum/viewtopic.php?f=2&t=268989 ) regarding my situation...
by BanditKing
Sat Jan 26, 2019 8:00 pm
Forum: Investing - Theory, News & General
Topic: What was your first Vanguard fund or ETF?
Replies: 72
Views: 4292

Re: What was your first Vanguard fund or ETF?

Star, and eventually a target retirement account when I had enough.
by BanditKing
Tue Jan 22, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: USAA Auto Premiums Up Exactly 10% in 3 Consecutive Renewals?
Replies: 29
Views: 2646

Re: USAA Auto Premiums Up Exactly 10% in 3 Consecutive Renewals?

Was a 30 year USAA customer, including banking, with minimal claims over the years. Rates got way too high and I switched to GEICO and Ally. Knocked probably 50% off my premiums. To me, the saddest thing was that they didn't even make an attempt to determine why I was leaving, or keep me as a 30 yea...
by BanditKing
Tue Jan 22, 2019 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to Portland, OR
Replies: 37
Views: 4658

Re: Possible Relocation to Portland, OR

Just to let anyone looking at the thread know, this was resurrected from 18 months ago, and the job that predicated it never panned out, unfortunately.

Good info about Portland, though, for anyone else thinking of a move.
by BanditKing
Wed Jan 16, 2019 12:18 am
Forum: Personal Consumer Issues
Topic: Gillette Mach 3 alternatives
Replies: 81
Views: 7024

Re: Gillette Mach 3 alternatives

I've used Dorco for several years. I find the 6- and 7- blade versions aren't as nice as the 3- or 4-, because they tend to clog and not rinse out as well - blades too close together. Dorco goes on sale routinely, or you can google around for discount codes. They've even sent me, out of the blue, an...
by BanditKing
Tue Jan 15, 2019 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Job Loss Checklist
Replies: 19
Views: 2256

Re: Job Loss Checklist

Just an update: First, thanks for the kind advice in this thread and the handful of PMs I received. It's helped. As things stand now, my official duties will end this Friday (1/18) and I'll remain on staff the following week for admin and to answer any questions, plus do my exit interview and turn i...
by BanditKing
Mon Jan 07, 2019 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Job Loss Checklist
Replies: 19
Views: 2256

Re: Job Loss Checklist

KlangFool wrote:
Mon Jan 07, 2019 4:42 pm
BanditKing wrote:
Mon Jan 07, 2019 4:34 pm

[*]I've already fully funded my 2019 ROTH @$6000
Do you have enough earned income for the 2019 Roth IRA contribution?
I should, between salary, commission payment for January, and the vacation payout. If severance counts as income, most-definitely. Will correct if I come up short.
by BanditKing
Mon Jan 07, 2019 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Job Loss Checklist
Replies: 19
Views: 2256

Job Loss Checklist

tl;dr - Informed I'll be laid off Feb 1. What to take care of before then? ------ This morning I was pulled into a conference call and informed my position as a sales engineer with a telecom megacorp had been eliminated. Final day will be Feb 1,with Health benefits through Feb 28. While slightly sho...
by BanditKing
Fri Jan 04, 2019 12:26 am
Forum: Personal Investments
Topic: 2019 Lump Sum IRA Contribution
Replies: 28
Views: 2014

Re: 2019 Lump Sum IRA Contribution

$6k yesterday into the 2035 Target Retirement. I'll DCA from there over the next couple months depending where I need to put things.
by BanditKing
Fri Jan 04, 2019 12:24 am
Forum: Personal Consumer Issues
Topic: Which Compact SUV Should I Buy?
Replies: 211
Views: 13503

Re: Which Compact SUV Should I Buy?

I've been keeping a very strong eye on the new 2019 Rav4 Hybrid, which is supposed to be available in March/April. The mileage on it is fantastic, which is good for me as I routinely drive 350+ miles for work. I need something slightly bigger due to dog and hauling needs. My big complaint is that th...
by BanditKing
Wed Dec 26, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10774
Views: 1885960

Re: U.S. stocks in free fall

Hmmm, market is way up. Must be 401k contribution day.

(checks)

Yup....

(seriously, I should just time the market based on when my 401k contributes)....
by BanditKing
Thu Dec 06, 2018 2:35 am
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 217
Views: 18195

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

Not too shabby, specially if it's used as intended (portable alpha) Is VTI the appropriate comparison? I'd think something more like VWENX (Wellington) might be a better match, since it also has a similar makeup. I picked up a few shares (maybe $1200) when Vanguard went live with the new free ETF l...
by BanditKing
Fri Nov 02, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Pet Insurance Recommendations?
Replies: 11
Views: 1027

Re: Pet Insurance Recommendations?

I have Figo for my Cavalier. He's just over a year old, and in that first year I had several claims due to puppy swallowing stuff he shouldn't, and once getting a door banged against his head (concussion - don't worry, he's fine). They handled all my claims quickly with no pushback or questions. My ...
by BanditKing
Tue Oct 30, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10774
Views: 1885960

Re: U.S. stocks in freefall

Stocks are up. Must be 401k purchase day.

(checks calendar)

Yup! Never fails. :D
by BanditKing
Wed Oct 17, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 188
Views: 17417

Re: Where would you go for financial guidance if you win the Megamillions?

My first question would be, can I move to another state without an income tax and then claim my prize, allowing me to not owe state income taxes on the winnings. A quick google search seems to indicate this would be possible (since the income wasn't earned until after relocation). If so, I'd rent a ...
by BanditKing
Tue Oct 02, 2018 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 62
Views: 11749

Re: Anyone want to share their monthly budget? Here's ours

All below numbers are monthly USD for one person, one dog, and one cat: Housing: 1993 / 23.75% Mortgage: 1000 / 11.92% Condo Fee: 250 / 2.98% Property Taxes: 488 / 5.81% Gas/Elec: 225 / 2.68% Water: 30 / 0.36% Taxes: 325 / 3.87% (Company tends to under-withhold commissions, so this is to cover this ...
by BanditKing
Sat Sep 01, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: What is your stealth way to save monthly?
Replies: 87
Views: 10030

Re: What is your stealth way to save monthly?

1) I put $100/wk as a "car payment" into VMLUX, to pull out when I buy a car, or for large repairs 2) I put $150/biweekly into VMLUX as an "income tax escrow" to cover any shortfalls in my withholding, or 1099/Schedule C income. 3) I also claim 0 deductions on my Megacorp paycheck 4) I self-escrow f...
by BanditKing
Thu Aug 23, 2018 10:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - Inter. or Total Muni [VTEAX - Tax-Exempt Bond Index]
Replies: 18
Views: 4201

Re: Vanguard - Inter. or Total Muni [VTEAX - Tax-Exempt Bond Index]

Just stumbled across this thread - as I was re-evaluating current Muni holdings... Holding the - https://investor.vanguard.com/mutual-funds/profile/overview/vwiux Intermediate Muni but saw the comments about the other - https://investor.vanguard.com/mutual-funds/profile/VTEAX index version (with th...