Search found 201 matches

by alwayshedge
Tue Jan 01, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Lively HSA is now Fee Free
Replies: 15
Views: 1282

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: 222

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: 374

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: 1800

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: 1800

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: 3243

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: 6812

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: 8688

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: 919

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: 13300

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: 222
Views: 29848

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: 4043

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: 844

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: 3057

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: 7262

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: 6179

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: 1127

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: Sold Home - 2 days after buyer claims they found an issue with A/C
Replies: 119
Views: 12197

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: 4398

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: 10946

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: 10946

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: 3360

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: 2424

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: 10387

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: 1447

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: 3391

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: 6557

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: 13245

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: 13245

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: 13245

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: 13245

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: 11442

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: 6048

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: 6048

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: 3506

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: 5438

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: 9798

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: 31420

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: 5319

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.
by alwayshedge
Tue Jan 02, 2018 6:26 pm
Forum: Personal Investments
Topic: Do you eventually get accustomed to your higher balances?
Replies: 47
Views: 7507

Do you eventually get accustomed to your higher balances?

I grew up with very little but saved and saved and then invested everything I could with the help of this forum. I've been blessed to see my portfolio grow to a large magnitude. A 10% drop in the market would equal roughly a 50k drop for me. Do you eventually get used to this where it is a non-event...
by alwayshedge
Fri Dec 22, 2017 1:23 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25474

Re: Bitcoin in Freefall

Bitcoin has crashed plenty of times much worse. It clears out the heavy speculation and then consolidates for a while. It has done this numerous times including this year. Overall though, the price gravitates higher and higher. be careful with your tenses. It has gravitated higher, not it gravitate...
by alwayshedge
Fri Dec 22, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25474

Re: Bitcoin in Freefall

nisiprius wrote:
Fri Dec 22, 2017 1:17 pm
alwayshedge wrote:
Fri Dec 22, 2017 12:17 pm
...the price gravitates higher and higher...
"Gravitates" higher... interesting kind of "gravity..."
Yes it's a kind of gravity that only exists in the Bitcoin world.
by alwayshedge
Fri Dec 22, 2017 12:36 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25474

Re: Bitcoin in Freefall

Even with this "freefall", Bitcoin is still up 80% this month. What lens is on your camera of life? I respect this forum *a lot*, but I feel like a lot of people here like to say derogatory comments such as "it was only a matter of time" to make themselves feel better, completely ignoring the fact ...
by alwayshedge
Fri Dec 22, 2017 12:31 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25474

Re: Bitcoin in Freefall

Even with this "freefall", Bitcoin is still up 80% this month. What lens is on your camera of life? A lot of people have this deep hatred for Bitcoin because of the media frenzy and would love nothing more than to see it disappear. Hence why whenever there is a crash, Bitcoin will get picked on hea...
by alwayshedge
Fri Dec 22, 2017 12:17 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25474

Re: Bitcoin in Freefall

Bitcoin has crashed plenty of times much worse. It clears out the heavy speculation and then consolidates for a while. It has done this numerous times including this year. Overall though, the price gravitates higher and higher.
by alwayshedge
Mon Dec 18, 2017 12:11 am
Forum: Personal Consumer Issues
Topic: Help Me [Recover] My Bitcoin!
Replies: 93
Views: 13635

Re: Help Me Cash Out My Bitcoin!

If you don't have your private key, you don't own it anymore. Nobody owns it anymore.
by alwayshedge
Mon Dec 11, 2017 8:03 pm
Forum: Investing - Theory, News & General
Topic: Robert Shiller warming up to Bitcoin
Replies: 7
Views: 1828

Re: Robert Shiller warming up to Bitcoin

I'm not a big advocate of crypto currencies but I can't stand when people just throw out the tulip argument. It's just such a lazy cop out.
by alwayshedge
Thu Dec 07, 2017 11:43 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 89
Views: 8775

Re: Bitcoin now the largest quantifiable bubble in history?

The fact that everyone is calling it a bubble makes me suspect it's not a bubble.
by alwayshedge
Mon Dec 04, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 25041

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Actually, it is true. Watch this panel discussion at MIT Bitcoin Expo 2016 Day 1 from March 5, 2016 Starting at 1:12:54 Those on the panel are some of the Bitcoin Core Developers. The guy explaining Ligthning Network on the right is Joseph Poon, co-author of The Lightning Network. I don't have a co...
by alwayshedge
Mon Dec 04, 2017 6:33 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 25041

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Those who are buying Bitcoin as a speculation should understand the present state of Bitcoin. Satoshi's white paper was titled: Bitcoin: A Peer-to-Peer Electronic Cash System . Bitcoin was supposed to allow anyone in the world to send any amount of money, including micropayments, to anyone else any...