Search found 212 matches

by alwayshedge
Mon Mar 30, 2020 4:12 pm
Forum: Personal Investments
Topic: Goofed on a rebalance, now holding $50K cash
Replies: 4
Views: 502

Re: Goofed on a rebalance, now holding $50K cash

Why did you have to wait for the funds from a stock sale to clear to rebuy? Which broker are you using if you don’t mind me asking?
by alwayshedge
Wed Mar 11, 2020 4:43 pm
Forum: Investing - Theory, News & General
Topic: Why shouldn´t I buy oil futures now?
Replies: 47
Views: 3210

Re: Why shouldn´t I buy oil futures now?

You would be speculating and speculating on oil futures is one of the riskiest things you can do with your money.
by alwayshedge
Wed Feb 26, 2020 7:50 am
Forum: Personal Finance (Not Investing)
Topic: HELOC lender recommendations
Replies: 13
Views: 858

Re: HELOC lender recommendations

HELOCs are usually an unprofitable product for banks and if it's in 2nd position, even worse as now they have a greater degree of risk on top of it being unprofitable. Larger banks typically use them as a loss leader so you'll see them waive costs, give incentives, ect because they want to make you ...
by alwayshedge
Sun Feb 23, 2020 6:48 pm
Forum: Investing - Theory, News & General
Topic: "Wells Fargo Paying $3 Billion To Settle U.S. Case Over Fraudulent Customer Accounts"
Replies: 49
Views: 3092

Re: "Wells Fargo Paying $3 Billion To Settle U.S. Case Over Fraudulent Customer Accounts"

Thanks for posting. I think the problem is even larger than the illegal frauds. I have witnessed bank tellers legally but dubiously steering older customers over to the financial sales people within the bank and said customers being sold inappropriate annuities, whole life policies and AUM advisor ...
by alwayshedge
Sun Feb 16, 2020 7:44 pm
Forum: Investing - Theory, News & General
Topic: At what point is this a bubble?
Replies: 157
Views: 14010

Re: At what point is this a bubble?

You’ll know it’s a bubble when Uber drivers are giving you stock tips. Every bubble I’ve lived through (dotcom, real estate, bitcoin, etc) has had the same feature. Someone at the bottom of the economic ladder was telling me how to make money on the bubbling financial product. Until then, not a bub...
by alwayshedge
Mon Jan 06, 2020 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Millennial Looking for Creative Alternatives for Loan/Mortgage
Replies: 77
Views: 5326

Re: Millennial Looking for Creative Alternatives for Loan/Mortgage

This post is confusing. You’re borrowing money and want your repayment to go to a good cause? :confused
by alwayshedge
Sat Jul 27, 2019 6:27 pm
Forum: Personal Investments
Topic: Regression to Mean - whats the next Armageddon for stocks?
Replies: 22
Views: 2366

Re: Regression to Mean - whats the next Armageddon for stocks?

Why does it have to be an armageddon? We will have corrections like the 20% last year. No point in worrying about it.
Stay the course. Ignore the noise.
by alwayshedge
Tue Jun 25, 2019 11:19 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 26890

Re: Crypto bulls are back. Are you getting in?

It's amazing how these threads on crypto come back all the sudden. Nothing for months and then bam. I've yet to meet a person who ever actually used bitcoin for any practical use. My guess that's true for 99.99% of people who hold or advocate for bitcoin. Completely agree. It’s like gold. I mean, w...
by alwayshedge
Sun Jun 16, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One will only send security notices if you let them spy on you once in a while
Replies: 46
Views: 3465

Re: Capital One will only send security notices if you let them spy on you once in a while

This has to do with dormancy regs. My local bank started this as well. Apparently with the digital age, regulators still want banks to use some form of verification to confirm your account is not dormant. People get upset at a lot of things that banks impose but don't realize that a good majority of...
by alwayshedge
Wed Mar 27, 2019 11:27 am
Forum: Personal Consumer Issues
Topic: Returning back to former job
Replies: 12
Views: 1295

Returning back to former job

I'm in a bit of a dilemma and maybe others here have gone through something similar and have some advice. My former boss recruited me to go work for him at a new company. Much higher pay, benefits, ect plus we worked well together in the past. I was not unhappy with my current job but the pay and be...
by alwayshedge
Fri Mar 15, 2019 12:33 pm
Forum: Investing - Theory, News & General
Topic: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"
Replies: 26
Views: 2545

Re: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"

Thanks Old_Dollar, I am always amazed when I see this data...why do people still use active management.... Has the SPIVA data come out for this year? Shhhhh... we need people to continue to use active and play the game. Leaves more of the pie for us. I have a coworker that is always talking stocks ...
by alwayshedge
Tue Jan 01, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Lively HSA is now Fee Free
Replies: 15
Views: 1523

Lively HSA is now completely free

I just received an email that Lively HSA is now completely free. Did anyone else receive the same? I assume this is due to competition with Fidelity but otherwise, great news!
by alwayshedge
Mon Dec 31, 2018 3:11 pm
Forum: Personal Investments
Topic: Remaining funds from Direct Transfer
Replies: 7
Views: 251

Remaining funds from Direct Transfer

Hey all, I recently did a trustee transfer of two IRA's from Vanguard to Merrill Edge. The transfers went through but some nominal funds (a few hundred bucks) have remained in the accounts at Vanguard. I spoke with Merrill and they told me I need to speak with Vanguard. I spoke with Vanguard and the...
by alwayshedge
Mon Dec 24, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Adjustable Rate Mortgage For Investment Property
Replies: 5
Views: 410

Re: Adjustable Rate Mortgage For Investment Property

I don't think you'd be able to refinance into a 30 year product being that it's now investment property. Investment property loans (CRE) usually have shorter maturities with adjusting rates as these loans are typically held on the bank books and not sold through the secondary market.
by alwayshedge
Fri Dec 21, 2018 6:41 am
Forum: Personal Finance (Not Investing)
Topic: Bank offered free interest rate reduction
Replies: 24
Views: 1992

Re: Bank offered free interest rate reduction

You should take the offer since it's no strings attached. Then keep paying down if that's what you want to do. I received the same deal just before the last recession so it does happen. I was looking into refinancing my mortgage and while in that process, my own lender/servicer sent an offer for a ...
by alwayshedge
Fri Dec 21, 2018 6:10 am
Forum: Personal Finance (Not Investing)
Topic: Bank offered free interest rate reduction
Replies: 24
Views: 1992

Re: Bank offered free interest rate reduction

A few things that come to mind.. The bank discovered an error in their lien and needs to correct it (perfect their lien). Lowering the rate by a nominal amount is an easy and quick way to fix this as it will surely require some kind of signature or authorization from you for a "change in terms". Mak...
by alwayshedge
Mon Dec 17, 2018 2:23 am
Forum: Personal Investments
Topic: Bottom fishing
Replies: 28
Views: 3360

Re: Bottom fishing

I love these posts. They seem to come more frequently when market volatility heats up.

“I know market timing doesn’t work but how do I market time?”
by alwayshedge
Wed Dec 12, 2018 6:57 am
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 79
Views: 7669

Re: Best headphones under 500 bucks

UniversityEmployee9 wrote:
Mon Oct 08, 2018 9:26 pm
I paid $9.99 for mine on Amazon iirc. Just went with the "Amazon recommends" option or whatever it's called.
:confused The OP is clearly looking for quality headphones, not 9.99 Amazon headphones.
by alwayshedge
Fri Dec 07, 2018 5:30 am
Forum: Investing - Theory, News & General
Topic: We Are Teetering on the Edge of A DEATH CROSS
Replies: 50
Views: 9250

Re: We Are Teetering on the Edge of A DEATH CROSS

I think it's best to keep this stuff on CNBC and off the forums. :happy
by alwayshedge
Tue Dec 04, 2018 6:36 am
Forum: Personal Investments
Topic: Determining a rate for a loan and...
Replies: 19
Views: 987

Re: Determining a rate for a loan and...

For investment property, you'd typically use the treasury yield + spread. So in this instance, you'd want to use the 7 year treasury + 200 to 400 bps depending on the amount of risk you feel you're taking on (loan to value). Being that this is a personal loan (non-bank financing), I'd use a 400 bps ...
by alwayshedge
Tue Nov 20, 2018 5:20 am
Forum: Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 96
Views: 13977

Re: Can someone explain what's going on..........

Normal ebbs and flows..Could we be entering a bear market? We may already be in one...this is where your investment policy is truly tested. If you were honest with yourself about risk tolerance, you will be fine.
by alwayshedge
Sun Nov 11, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 238
Views: 37006

Re: Habits of the Rich

I'm not wealthy by any means but I think the following is a huge factor in creating long term wealth...

"Don't try to keep up with Joneses."

I see so many friends of mine that focus so hard on keeping up with everyone else as if it's all a giant competition..
by alwayshedge
Tue Oct 23, 2018 11:01 pm
Forum: Personal Investments
Topic: Schwab Intelligent Portfolio is crashing...
Replies: 36
Views: 4533

Re: Schwab Intelligent Portfolio is crashing...

What exactly did you expect? For your portfolio to just always go up? :confused :confused
by alwayshedge
Sun Oct 21, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Problem opening testamentary trust account at Ally
Replies: 14
Views: 910

Re: Problem opening trust account at Ally

I assist my older parents with their finances. They have a trust. I can't think of a time where they haven't had to provide the bank with a copy of the trust.
by alwayshedge
Tue Oct 16, 2018 7:51 pm
Forum: Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 3329

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

“Investment” You used that word twice. There is no “investment” here. There is an entertainment purchase. Perhaps you could even stretch the word “speculation” to cover this. But not investment. Expected return is zero. While I agree the word investment has no application here, the expected return ...
by alwayshedge
Sun Oct 14, 2018 9:38 am
Forum: Personal Investments
Topic: $50,000: Should I buy now or wait for the market to drop further?
Replies: 43
Views: 7670

Re: $50,000: Should I buy now or wait for the market to drop further?

The correct answer is to buy now according to your asset allocation. Anything else is market timing. Dollar cost averaging is just another form of market timing.
by alwayshedge
Sat Oct 13, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 6502

Neighbor discussing finances with me

So my neighbor is roughly my age and we've become good friends over the years. We were recently talking about the market and he was telling me how he shifted all his investments to a money market (due to the coming crash *sigh*) and his adviser recommended he move instead to a bond fund with zero ri...
by alwayshedge
Mon Oct 08, 2018 9:38 am
Forum: Personal Investments
Topic: Sell 5-10% of equities to re-balance into bonds?
Replies: 14
Views: 1180

Re: Sell 5-10% of equities to re-balance into bonds?

I don’t understand this notion of just because the market has done well for quite a few years it automatically means we’re in a bubble that’s about to burst.
by alwayshedge
Thu Oct 04, 2018 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Delete
Replies: 119
Views: 12511

Re: Sold Home - 2 days after buyer claims they found an issue with A/C

Below are two potential responses that you could use if you even want to respond.

1. Go pound sand.
2. Go fly a kite.
by alwayshedge
Tue Oct 02, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: My bank and absurd policy for "no fee"
Replies: 51
Views: 4581

Re: My bank and absurd policy for "no fee"

I don’t see what’s so absurd here. They have a policy and you are free to stop doing business with them if you don’t like it.
by alwayshedge
Tue Oct 02, 2018 7:08 am
Forum: Investing - Theory, News & General
Topic: SEC charges Musk with Fraud!
Replies: 117
Views: 11355

Re: SEC charges Musk with Fraud!!!

Up 10-15% premarket on the news, about $300 again. The stock could go to $1,000 - when the funding runs out, game over! Then you can take your stock and use it as wallpaper. Or a decorative showpiece. Tesla needs to produce more than it burns - still not there. Eventually it may run of investor pat...
by alwayshedge
Sun Sep 30, 2018 8:14 pm
Forum: Investing - Theory, News & General
Topic: SEC charges Musk with Fraud!
Replies: 117
Views: 11355

Re: SEC charges Musk with Fraud!!!

I knew Musk would be charged with fraud, and warned readers. People would've been wise to follow my investing advice regarding Tesla. Many more bad days coming for Elon Musk and Tesla shareholders. Did you buy puts? I shorted (heavily) the stock. Already have a large profit (unrealized). I plan to ...
by alwayshedge
Mon Sep 17, 2018 5:40 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisor - .30%
Replies: 23
Views: 3941

Re: Vanguard Personal Advisor - .33%

IMO, Vanguard PAS is good for investors that may not fully trust themselves to stay the course. With PAS, you cannot make changes to your portfolio. You must follow their plan and any changes from that plan require a consultation with an adviser. Sometimes that's enough to keep someone from making a...
by alwayshedge
Sun Aug 26, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: LLC for one rental property?
Replies: 28
Views: 2677

Re: LLC for one rental property?

I feel like asking your lawyer if you need an LLC is like asking your barber if you need a haircut. Of course, every situation is different. But most of the time, it's not needed and adds extra headaches. I have a friend that owns quite a few rental properties with each having a unique LLC. I think ...
by alwayshedge
Sat Aug 11, 2018 5:19 pm
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 67
Views: 10673

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

I don't understand why Vanguard focuses so much on avoiding the noise, staying the course and yet they put out research like this constantly it seems as of late.
by alwayshedge
Wed Jul 04, 2018 5:23 pm
Forum: Personal Investments
Topic: Bitcoin Futures?
Replies: 18
Views: 1498

Re: Bitcoin Futures?

Your friend is gambling. Maybe he's telling the truth and is on a good run. Eventually though, good runs end just like in the casino and then reality sinks in. I wouldn't bother with it unless you want to learn an expensive lesson. If you do give it a shot, use a small portion of your net worth and ...
by alwayshedge
Tue Jul 03, 2018 3:04 pm
Forum: Personal Investments
Topic: What happens if your Vanguard account has been hacked.
Replies: 21
Views: 4608

Re: What happens if your Vanguard account has been hacked.

I imagine there would have to be some of investigation to find out who is at fault. If Vanguard had a lapse in their security, I would assume they would compensate you for the loss. However, if the lapse in security was on your end (malware/virus on computer for example) and Vanguard could prove thi...
by alwayshedge
Sun May 13, 2018 2:11 pm
Forum: Personal Investments
Topic: Vanguard Prime Money Market instead of bond fund
Replies: 40
Views: 7670

Vanguard Prime Money Market instead of bond fund

I've noticed the Vanguard Prime MM is yielding quite a bit now. When designing a portfolio in the current state, would it be advisable to substitute say the total bond fund with the Prime MM?
by alwayshedge
Tue Apr 03, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 14870

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

Don't confuse blockchain with Bitcoin. Blockchain is a technology, Bitcoin (and other cryptocurrencies) are specific implementations of blockchain. Buying Bitcoin because you think blockchain will be huge is like having bought Pets.com stock because you thought the Internet was going to be big. Exa...
by alwayshedge
Tue Apr 03, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 14870

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

There are a lot of very smart people that truly believe in Bitcoin and the blockchain technology. People that are a lot smarter than you and me. I wouldn't be so quick to dismiss crypto currencies based on a speculative mania that occurred. Bitcoin has been around since 2009 and every boom and bust...
by alwayshedge
Tue Apr 03, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 14870

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

There are a lot of very smart people that truly believe in Bitcoin and the blockchain technology. People that are a lot smarter than you and me. I wouldn't be so quick to dismiss crypto currencies based on a speculative mania that occurred. Bitcoin has been around since 2009 and every boom and bust...
by alwayshedge
Mon Apr 02, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 14870

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

There are a lot of very smart people that truly believe in Bitcoin and the blockchain technology. People that are a lot smarter than you and me. I wouldn't be so quick to dismiss crypto currencies based on a speculative mania that occurred. Bitcoin has been around since 2009 and every boom and bust ...
by alwayshedge
Sun Feb 11, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 118
Views: 12002

Re: How does one emotionally keep it together during market swings?

You need to accept that declines are part of the game. You also need to accept that it is entirely possible for markets to enter long stretches of 10+ years of declines similar to what happened in Japan. Once you can accept these scenarios as reality, devise your asset allocation according to that. ...
by alwayshedge
Tue Feb 06, 2018 2:10 am
Forum: Investing - Theory, News & General
Topic: Inverse VIX ETN down 80% after hours
Replies: 42
Views: 6555

Re: Inverse VIX ETN down 80% after hours

To put it simply, those funds are short VIX . Losses on shorts can be unlimited so a 100% spike in the VIX will now force those ETN to terminate. From what I am reading, many pensions and annuity companies have been short volatility since it was seen as an easy relatively low risk trade to generate...
by alwayshedge
Mon Feb 05, 2018 11:13 pm
Forum: Investing - Theory, News & General
Topic: Inverse VIX ETN down 80% after hours
Replies: 42
Views: 6555

Re: Inverse VIX ETN down 80% after hours

To put it simply, those funds are short VIX. Losses on shorts can be unlimited so a 100% spike in the VIX will now force those ETN to terminate. From what I am reading, many pensions and annuity companies have been short volatility since it was seen as an easy relatively low risk trade to generate s...
by alwayshedge
Sat Feb 03, 2018 11:00 am
Forum: Personal Investments
Topic: John Bogle and Japanese Stock market.
Replies: 33
Views: 3696

Re: John Bogle and Japanese Stock market.

This is something that will continue to slightly worry me. It seems investors have this certainty that US stocks will always go up because well, they have always gone up. But what if we enter some sort of prolonged bearish period like Japan? If I am correct, Japan experienced a sort of similar huge ...
by alwayshedge
Fri Feb 02, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: Are we in an index fund bubble? Bill Ackman thinks we are.
Replies: 45
Views: 6168

Re: Are we in an index fund bubble? Bill Ackman thinks we are.

I watched the Herbalife documentary on Netflix with Bill Ackman. For having so many bad calls, this man is extremely arrogant. He also lost his investors a fortune in Valeant Pharma.
by alwayshedge
Wed Jan 31, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: Alan Greenspan says there are bubbles in both stocks and bonds
Replies: 90
Views: 10342

Re: Alan Greenspan says there are bubbles in both stocks and bonds

ISTR that the last time that Alan Greenspan publicly predicted a bubble, the market went straight up for the next 4 years. It's funny, a lot of people seem to recall his "irrational exuberance" phrase, but nobody seems to remember that he said it in 1996. Edit: My point being that these types of pr...
by alwayshedge
Wed Jan 31, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 78
Views: 35516

Re: Vanguard Money Market vs. Savings Accounts

The sheer length of this thread is totally mystifying to me. All you need are pre-established verified ACH links between your primary checking at your home bank and (a) a bank (such as Ally) with high yield savings accounts and (b) Vanguard (or some other brokerage that offers money market funds). ...
by alwayshedge
Sat Jan 13, 2018 6:28 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisory Services Fees
Replies: 49
Views: 5655

Re: Vanguard Personal Advisory Services Fees

I pay for PAS not really for there service but more so because I am a tinkerer and PAS has prevented me from hurting my own self.