Search found 623 matches

by BanditKing
Mon Mar 16, 2020 1:45 pm
Forum: Personal Consumer Issues
Topic: Thinking I should go car shopping amidst the panic
Replies: 101
Views: 9718

Re: Thinking I should go car shopping amidst the panic

Remember Cash for Klunkers? I put my planned purchase on the back burner. I suspect there will be some kind of a stimulus when the car manufacturers start hurting, coupled with good rates and rebates. Unless you need a car now, may be worth waiting.
by BanditKing
Mon Mar 16, 2020 12:24 pm
Forum: Personal Consumer Issues
Topic: Are you in the mood to buy anything?
Replies: 62
Views: 5054

Re: Are you in the mood to buy anything?

I'm currently in the process of closing on a house (April 1) with some work on flooring/painting immediately, as well as new appliances. I was planning to look at some other work soon after (patio, fencing) but that is being put on hold. A few smaller projects on the new place (replacement lighting,...
by BanditKing
Mon Mar 02, 2020 8:00 pm
Forum: Personal Consumer Issues
Topic: Question on New Fence Etiquette
Replies: 29
Views: 2932

Re: Question on New Fence Etiquette

Thanks for the feedback, everyone. In looking into the village fencing regulations, the maximum height within the 25' set-back is 42", so whatever I might put in would fall into that requirement (so probably closer to 3'). As this is a corner lot, it would apply on both street facings. A good chunk ...
by BanditKing
Mon Mar 02, 2020 12:41 am
Forum: Personal Consumer Issues
Topic: Question on New Fence Etiquette
Replies: 29
Views: 2932

Re: Question on New Fence Etiquette

A big question is what type of dog you have since many dogs could easily get over a 4' fence. If you have a large dog or a breed with an aggressive reputation I doubt that would be adequate. Your insurance company may also have some requirements. Kids that are walking on the sidewalk will reach ove...
by BanditKing
Mon Mar 02, 2020 12:07 am
Forum: Personal Consumer Issues
Topic: Question on New Fence Etiquette
Replies: 29
Views: 2932

Question on New Fence Etiquette

I recently had an offer accepted for a small 1950's era home, closing April 1. The plot is in the SW corner of the block, with roads on the south and west sides. I'd like to put in a fence when the spring gets around to coming, primarily to fence in the yard for my dog. I only expect at 4' high fenc...
by BanditKing
Wed Jan 29, 2020 12:37 am
Forum: Investing - Theory, News & General
Topic: My Most Hated - and Favorite - IPS Rule
Replies: 24
Views: 3302

Re: My Most Hated - and Favorite - IPS Rule

Mine can be "substantially" (left largely undefined) only once every leap year, but minor changes, generally encourage MORE savings, have a 90-day cooling. Windfalls must be held for 6 months. I can also make changes for a "life event" (marriage, divorce, unemployment, moving, etc) subject to a 90-d...
by BanditKing
Wed Jan 01, 2020 5:04 pm
Forum: Personal Investments
Topic: Roth IRA - so who hit 'enter' at 12:01AM this morning?
Replies: 113
Views: 10959

Re: Roth IRA - so who hit 'enter' at 12:01AM this morning?

Just did it now (1/1 @ 4pm Central) - $6k into Wellington Admiral (VWENX). Tried to do it yesterday evening after market close, but Vanguard's site wasn't set up for it yet and it spit out an error with a "try back later".
by BanditKing
Wed Dec 25, 2019 9:42 pm
Forum: Personal Consumer Issues
Topic: Ever search for unclaimed property? What did you find?
Replies: 31
Views: 2109

Re: Ever search for unclaimed property? What did you find?

Interesting. I ran a search for Wisconsin, and found $12 and change sitting unclaimed from "upromise" for an address I haven't been at since 2005. I have to collect up some documentation to prove who I am, but I can make the claim online and attach those docs to it.

Hey, 12 bucks is 12 bucks.
by BanditKing
Wed Dec 25, 2019 8:52 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 557
Views: 146959

Re: My New Car Buying Tips

Here's another reference for when discussing a high-demand vehicle. I am very interested in the 2020 Highlander Hybrid, Platinum with pretty much all the bells and a few whistles too. The gas version is just getting on the lots now, and the hybrid is a few months out (March or so). On a whim, I went...
by BanditKing
Mon Dec 23, 2019 11:26 am
Forum: Personal Consumer Issues
Topic: What tech wiring in new build house?
Replies: 124
Views: 7367

Re: What tech wiring in new build house?

Even with WiFi everywhere, you still need Cat6 to the camera locations (power-over-ethernet). I'd also do Cat6 to maybe the media center/area to handle 4k/8k video down the road, and office area just to support full connectivity back to a NAS in the basement. Wifi should be good for everything else....
by BanditKing
Tue Nov 26, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 133
Views: 16395

Re: Bucket List Adventures/Activities

Many years later, when visiting both the Space center in Houston and the Space center at cape Canaveral, we saw an entire Apollo multi-stage rocket stretched out along the ground! That made the experience even more memorable. The Saturn V at the Cape was moved indoors to a new building for the 50th...
by BanditKing
Tue Nov 26, 2019 1:14 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 133
Views: 16395

Re: Bucket List Adventures/Activities

Planning to check off three minor items on my bucket list in January. 1) Visit the Very Large Array Radio Telescope 2) Visit the touristy stuff in Roswell 3) Visit Carlsbad Caverns Doing an epic road trip from Denver, through New Mexico, and back over over the course of 4 or 5 days. Back in June, I ...
by BanditKing
Wed Nov 06, 2019 12:16 am
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 557
Views: 146959

Re: My New Car Buying Tips

My leverage right now is limited due to low supply, however my situation is semi-rushed due to a recent car wreck (everyone's ok, but old vehicle is toast), so I can't wait much longer than the 3-4 weeks (originally was planning on this exact new car purchase in about 4-6 months when supply would b...
by BanditKing
Tue Oct 29, 2019 11:46 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 557
Views: 146959

Re: My New Car Buying Tips

I'm going to be looking at the 2020 Highlander Hybrid when it comes out after the new year (February). I'll test drive the gas version in December or January when that model comes out, just to make sure it fits my butt, but want the Hybrid as I do a significant amount of work-related driving. I'm cu...
by BanditKing
Tue Sep 24, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable Accommodation Requests?
Replies: 47
Views: 3708

Reasonable Accommodation Requests?

I wanted to get some thoughts as to seeking work accommodations. Up until recently, I was able to work from home, however, changes in my manager and a transfer to my current work location, is necessitating I start working in the office. The primary issue with working in the office relates to three i...
by BanditKing
Sat Aug 03, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: What would you do - Large Commission (Bonus)
Replies: 43
Views: 3934

Re: What would you do - Large Commission (Bonus)

This would trigger my Windfall rules: At least 90% of any windfall exceeding $5,000, including inheritances, will be held as fixed-income assets or cash for at least six months. The remaining 10% may be used for any purpose. Windfalls may immediately be used to beef up Emergency and Large-Purchase a...
by BanditKing
Wed Jun 19, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 398501

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

I personally would be very careful about volatility weighting these ETFs in this strategy. Volatility loads you up or underweights you always exactly when you don’t want to be. If you are going to do it, rebalance based on the actual volatility and not time. Much can happen in a month. Finally, vol...
by BanditKing
Sat Jun 08, 2019 12:23 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 398501

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

youngpleb wrote:
Sat Jun 08, 2019 11:29 am
So in terms of easy implementation, I guess a M1Finance Roth IRA would be the way to go?
Seems like it. No trading costs, can own partial shares, and a single button to rebalance when it comes time to smash it.
by BanditKing
Thu May 30, 2019 11:34 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 398501

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

I'm 30 days into the grand experiment (using Roth-space at M1Finance). I ended up doing 60% TMF, 23% of TQQQ and 17% UPRO for reasons that made sense in my brain at the time. This may or may not have been wise but we'll see. I may go to 20% in each of the equities when I eventually rebalance. Curren...
by BanditKing
Thu May 30, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 180
Views: 18797

Re: Fun paid jobs after FIRE

Was on my way to a lunchtime work meeting yesterday. Saw a late-50s (or so) guy mowing the grass in one of the city parks. Part of me wanted to give notice when I got back to the office and just drive lawn tractor. If you like mowing, that's a very lucrative business. I pay for yard service, and it...
by BanditKing
Thu May 30, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 180
Views: 18797

Re: Fun paid jobs after FIRE

Was on my way to a lunchtime work meeting yesterday. Saw a late-50s (or so) guy mowing the grass in one of the city parks. Part of me wanted to give notice when I got back to the office and just drive lawn tractor.
by BanditKing
Thu May 23, 2019 11:20 pm
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 13938

Re: Is the housing market starting to collapse?

Sold my condo earlier this year, closing in April (Madison, WI). Paid $150k in 2015, sold for $210k in 2019. However, two other units in my complex sold in summer of 2018 for $220k and $225k. Housing in Madison is really expensive (relative to past prices), to the point that more and more can't affo...
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: 448

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: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 68904

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: 3353
Views: 398501

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: [Cellphone SIM card hijacking - Security concerns and mitigation techniques]
Replies: 254
Views: 34312

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: 16882

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: 101
Views: 22573

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: 15857

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: 1469

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: 4929

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: 4841

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: 2560

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: 541

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: 26
Views: 2341

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: 81
Views: 8590

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: 1287

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: 1847

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: 2388

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: 6032

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: 3353
Views: 398501

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: 1428

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: 968
Views: 133210

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: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 68904

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: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 68904

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: 5874

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: 3353
Views: 398501

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: 3353
Views: 398501

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: 3353
Views: 398501

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: Fidelity beating vanguard now? switch to Fidelity?
Replies: 121
Views: 7087

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....