Search found 298 matches

by MindTheGAAP
Thu May 28, 2020 11:29 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 359
Views: 30095

Re: JPM Chase Reserve Card gets more expensive

They have officially kept the renewal fee down at the $450 for remainder of year as of this morning: https://thepointsguy.com/news/sapphire- ... ronavirus/
by MindTheGAAP
Mon Jan 27, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: Buying Vinyl - Newbie
Replies: 5
Views: 502

Re: Buying Vinyl - Newbie

Ask if there’s any warping or issues with the tracking that causes the vinyl to not play smoothly or skip. Are you going to be playing these or just to have?
by MindTheGAAP
Sun Sep 29, 2019 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: COSTCO Citicard credit/discount question
Replies: 32
Views: 3967

Re: COSTCO Citicard credit/discount question

Yes they do give cash back. The only thing that is up to manager discression is what to do when there is not enough cash in the drawer. I have seen a bit of a scene with a manager walking to multiple registers to try and get enough cash. Probably less likely if you are a little later in the day, un...
by MindTheGAAP
Tue Aug 13, 2019 9:03 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4931
Views: 426637

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

HEDGEFUNDIE wrote:
Tue Aug 13, 2019 8:59 am
Anyone who changed their allocation yesterday with me was rewarded for it today. UPRO up 5% with TMF flat.
I was trying to jump from one train to another this morning and order didn't fill -- typical that TMF would now come back down as UPRO goes frolicking through the field!
by MindTheGAAP
Sun Aug 11, 2019 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Cash out refinance vs HELOC
Replies: 12
Views: 1169

Re: Cash out refinance vs HELOC

Option 2 for me every day of the week but partially because it’s not much different on the rate and also simplifies things. You’re getting a way better mortgage rate still and the HELOC would be higher IR%. Suppose it comes down to how much cash you’d be out for paying the solar panels off and how y...
by MindTheGAAP
Tue Aug 06, 2019 2:03 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 385191

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

Thanks - looking into the target volatility strategy now since that makes sense to me at a theoretical level (IE at what mix do you have your targeted volatility given the last 20-days/ x-days of movement) but trying to ensure I'm fully kosher on how I'd implement it -- which was basis to my questi...
by MindTheGAAP
Tue Aug 06, 2019 1:51 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 385191

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

That was my misstep - I'm 40/60 - the same as OP. Was just going with monthly vs. quarterly rebalancing. Apologies. Quarterly did better historically and the reason makes sense (catching a following knife on the way down and not letting momentum run on the way up). Thanks - looking into the target ...
by MindTheGAAP
Tue Aug 06, 2019 1:02 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 385191

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

55% UPRO (risk parity) 80% UPRO (target 20% vol) This sound correct? 56% right now for risk parity. 80% sounds about right for 20% volatility. Mine shows as 74% but it's due to weighting most recent days more than days > 10 Can you send me in the right direction -- or provide a quick crash course -...
by MindTheGAAP
Tue Aug 06, 2019 12:06 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 385191

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

55% UPRO (risk parity) 80% UPRO (target 20% vol) This sound correct? 56% right now for risk parity. 80% sounds about right for 20% volatility. Mine shows as 74% but it's due to weighting most recent days more than days > 10 Can you send me in the right direction -- or provide a quick crash course -...
by MindTheGAAP
Wed Jul 31, 2019 6:59 am
Forum: Personal Consumer Issues
Topic: Should I finance new car purchase?
Replies: 16
Views: 1532

Re: Should I finance new car purchase?

Money is fungible. It doesn't sound like there are any strings attached to the funds from your company, and I'm guessing they get taxed the same whether it goes straight to a car place or to your pocket. So ultimately, this boils down to a simple buy cash or finance question, which is asked all the...
by MindTheGAAP
Tue Jun 25, 2019 11:03 am
Forum: Investing - Theory, News & General
Topic: Small Value vs Multifactor
Replies: 58
Views: 5800

Re: Small Value vs Multifactor

By the way, I’m specifically referring to the Vanguard Small Value fund and the Vanguard Multifactor fund... I was under the impression that the Vanguard SV fund uses a different index than SLYV/IJS.....and chose the latter for some reason I cannot recall Vanguard manages three different small cap ...
by MindTheGAAP
Mon Jun 17, 2019 8:43 pm
Forum: Personal Consumer Issues
Topic: Recommendation for light beer.
Replies: 41
Views: 3310

Re: Recommendation for light beer.

If you can get it where you are, I’d strongly recommend trying Ruby Redbird by Shiner. It is 95 cals but more importantly for you, it’s 3.1g of carbs per beer. To me, it is perfect for this time of year as the temps rise. I’m in Texas (home of Shiner) so not sure if it’s distributed to where you are.
by MindTheGAAP
Mon Jun 10, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Costco Visa credit limit
Replies: 48
Views: 5887

Re: Costco Visa credit limit

I have not had the same issue with Citi Costco as our limit on that card is now at $58k. I just go into the app periodically and request an increase and bump it up twice a year or so. I just figure it helps with utilisation for the credit score and acts as a buffer in an absolute emergency. I believ...
by MindTheGAAP
Fri May 31, 2019 5:24 pm
Forum: Investing - Theory, News & General
Topic: Bond Convexity: Why You Shouldn't Fear Bonds With Low Rates
Replies: 76
Views: 9312

Re: Bond Convexity: Why You Shouldn't Fear Bonds With Low Rates

Garland whizzer, I’ve admired your thinking and perspective for a while now. I’m 34 and will be in the market for a long time obviously. What you recommend investing in long bonds assuming your young and have at least 80 percent in equities? Just curious, I’ve been inclined to favor total bond mark...
by MindTheGAAP
Thu May 09, 2019 9:10 pm
Forum: Forum Issues and Administration
Topic: BH Structure Idea
Replies: 9
Views: 1630

Re: BH Structure Idea

I wasn’t doing it as a way to segregate folks, more just to give more focused responses. Never mind, I’ll go back to my hole 😊
by MindTheGAAP
Thu May 09, 2019 4:18 pm
Forum: Forum Issues and Administration
Topic: BH Structure Idea
Replies: 9
Views: 1630

BH Structure Idea

Similar to how the various forums were created for different regions (US vs. non) and topics (Personal Finance, Investing Theory, Consumer Issues, etc.) does anyone else think it would add value to have different sections for age ranges (Gen X vs. Boomers vs. Millennials, etc.) or stage of Accumulat...
by MindTheGAAP
Sun Feb 24, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: International MF/ETF - Which Do You Use?
Replies: 5
Views: 561

International MF/ETF - Which Do You Use?

So I did some searching before posting this but it seemed like there was a real lack of a singular thread where folks talked about their international fund (either MF or ETF) selection. I can say I’ve not been entirely impressed with the performance of Vanguard Ex-US Small-Mid Cap (VSS) when I compa...
by MindTheGAAP
Sun Feb 17, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: I want a new Audi A6 2018 (50k) - Can I afford it? Or is this just a really dumb decision...
Replies: 136
Views: 8607

Re: I want a new Audi A6 2018 (50k) - Can I afford it? Or is this just a really dumb decision...

I would buy it, but: 1. I would not buy new. You can get a pre owned fully loaded 2018 A6 for $40k OTD. Can go down to the $30s if you don’t need top of the line. 2. I would not buy with cash. Tying up so much money in a depreciating asset makes no sense. Get a 0-2% loan. A little story for those B...
by MindTheGAAP
Sun Feb 17, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: I want a new Audi A6 2018 (50k) - Can I afford it? Or is this just a really dumb decision...
Replies: 136
Views: 8607

Re: I want a new Audi A6 2018 (50k) - Can I afford it? Or is this just a really dumb decision...

So..the 2019 audi's are out and are a brand new redesign. There 2018's that are going for a substantial discount from MSRP (15k+) since they are the old designs and dealerships are trying to clear them out. I currently drive a 10 year old Lexus ES350, about 110k miles on it. No real big problems, j...
by MindTheGAAP
Mon Feb 04, 2019 12:07 am
Forum: Personal Investments
Topic: Vanguard Solo 401k - Issue w/ Investor Share Closure
Replies: 2
Views: 311

Vanguard Solo 401k - Issue w/ Investor Share Closure

Bogleheads, I haven't reached out to CS yet since it is Sunday night but I was just looking at my Solo 401k through Vanguard and trying to do some moving between funds and I have noticed an issue. Given the closure of the normal Investor class of funds for many of the popular options, I cannot inves...
by MindTheGAAP
Wed Jan 09, 2019 7:24 pm
Forum: Personal Investments
Topic: Rollover - Best Route Forward
Replies: 2
Views: 214

Re: Rollover - Best Route Forward

I would just stick it in Roth IRAs? That was my thought but that may not be allowable.
by MindTheGAAP
Wed Jan 09, 2019 12:59 pm
Forum: Personal Investments
Topic: Rollover - Best Route Forward
Replies: 2
Views: 214

Rollover - Best Route Forward

All, Wanted to see if anyone had insight here that I'm maybe not considering (entirely likely). I currently have the following accounts: Vanguard Rollover IRA (has some non-deductible money in it but it is easily identifiable through MF choice) Roth IRA Solo 401k - Traditional Solo 401k - Roth TDAme...
by MindTheGAAP
Thu Dec 13, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 153
Views: 12309

[Robinhood to offer 3% cash management program, not a bank account]

[Thread title clarified - These accounts may not have SIPC protection. See updates on Page 3. --admin LadyGeek Further update - Robinhood has clarified the intent of this offering. See this post on Page 3. --admin LadyGeek] Announcement from Robinhood today - https://www.cnbc.com/2018/12/13/robinho...
by MindTheGAAP
Wed Dec 05, 2018 6:21 pm
Forum: Personal Investments
Topic: VTMSX or VIOV for Small Cap?
Replies: 5
Views: 722

Re: VTMSX or VIOV for Small Cap?

Do you want to have a small-value tilt to your portfolio? Or do you feel more comfortable tilting only to size (Small) and not also to a factor (value)? Are you willing to hang on even if VIOV under-performs VTMSX?
by MindTheGAAP
Wed Nov 21, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: Looking for a car that can handle a long commute, any suggestions?
Replies: 74
Views: 5738

Re: Looking for a car that can handle a long commute, any suggestions?

I would probably look for a used VW Golf GTI. They're decent on fuel and are fun to drive when you want to get out and drive o/s of your normal commute. They're big enough to be safe and comfortable but not so big that they drink fuel. They'll get 30+ MPG on the hwy.
by MindTheGAAP
Wed Nov 21, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Looking for a car that can handle a long commute, any suggestions?
Replies: 74
Views: 5738

Re: Looking for a car that can handle a long commute, any suggestions?

Also debating whether to go compact or midsize. I drove compacts up until a few years ago and then bought my first midsize. Compacts are easier to handle and better on gas, but probably not as safe. Be sure to look at the details, my new Corolla is almost as large as an early 2000s Camry that I had...
by MindTheGAAP
Thu Nov 15, 2018 8:49 pm
Forum: Personal Investments
Topic: Maxed out Self Employed 401K & HSA where else can I save
Replies: 9
Views: 826

Re: Maxed out Self Employed 401K & HSA where else can I save

If you set yourself up right, your wife would have 401k space too through your Company. When I was SE/S-Corp owner, I was 51% and wife was 49% owner. She ran my calendar and helped with stuff on the back office side so she could get a salary and contribute to a 401k through my Solo 401k. She was oth...
by MindTheGAAP
Mon Nov 12, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 43
Views: 3378

Re: Home addition vs. Buying New

I'm normally a fan of doing an addition, for the reasons above plus you get 100% what you want. Are you able to add back, not up? If you can, I'd go that route to save money. $350-$450k seems insane, even for a 2nd store. To put thing into perspective, my buddy is adding a 4 bedroom addition plus p...
by MindTheGAAP
Mon Nov 12, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 43
Views: 3378

Re: Home addition vs. Buying New

So we just went through a similar decision on the add vs. buy. I'll try to list out our thinking and final decision below: Our house is valued around $400k which is 25% higher than when we bought in August 2014. The issue we were having was less about adding a second floor and more to do with the co...
by MindTheGAAP
Mon Nov 12, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Sold house. need sanity check
Replies: 9
Views: 3011

Re: Sold house. need sanity check

Your plan would be my plan. Maybe use a No-Penalty Ally CD - they run for 11-mos but if they up the rate you can just cancel it and create a new one. Gets you a slightly higher rate than most savings accounts.
by MindTheGAAP
Mon Nov 12, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Rooftop solar panels cost per installed watt
Replies: 5
Views: 784

Re: Rooftop solar panels cost per installed watt

I paid $3.15 per installed watt recently (MA). I was able to easily get competing quotes through the website energysage.com which made the quote process very easy. The website also is a great resource for all things solar. While I haven't pulled the trigger on a system yet, I'll also give props to ...
by MindTheGAAP
Thu Nov 08, 2018 9:52 pm
Forum: Investing - Theory, News & General
Topic: November "Bogleheads On Investing" podcast with guest Jonathan Clements
Replies: 18
Views: 2984

Re: November "Bogleheads On Investing" podcast with guest Jonathan Clements

Rick Ferri wrote:
Thu Nov 08, 2018 5:33 pm
I've always used 30% international equity and 70% US equity as my middle-of-the-road allocation (for US investors). That split has historically worked well in the long-term.

Rick Ferri
Thanks Rick - like the signature comment. Couldn't be more true on the whole life cycle.
by MindTheGAAP
Thu Nov 08, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: November "Bogleheads On Investing" podcast with guest Jonathan Clements
Replies: 18
Views: 2984

Re: November "Bogleheads On Investing" podcast with guest Jonathan Clements

Jonathan said he personally has 50% of his equity allocation in international and it has been this way for a long time. Rick Ferri Wow! Rick do you allocate 50% to international? No. But to each is own. No way to tell if this is safer or better than 30% international or 0% international. Where does...
by MindTheGAAP
Tue Oct 30, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 174
Views: 16783

Re: Am I doing well financially?

Nor was I... or 95% of Americans. Thats the thing that gets lost in these threads. The standards and expectations on this board are stratospheric compared to average Americans. People are bashing this family, but if we look at statistics their "low savings" is already more than 80 or 90% of househo...
by MindTheGAAP
Tue Oct 30, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 174
Views: 16783

Re: Am I doing well financially?

Nor was I... or 95% of Americans. Thats the thing that gets lost in these threads. The standards and expectations on this board are stratospheric compared to average Americans. People are bashing this family, but if we look at statistics their "low savings" is already more than 80 or 90% of househo...
by MindTheGAAP
Mon Oct 29, 2018 11:45 pm
Forum: Investing - Theory, News & General
Topic: 401k down 8% this month
Replies: 58
Views: 7373

Re: 401k down 8% this month

Down 9.4%. EM and rest of INT’L have taken a really good whacking in the last 3 months so not a surprise for me. I also overweight SC and MC and SC especially hasn’t had a good run since the summer.

C’est la vie.
by MindTheGAAP
Mon Oct 29, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: Will rising inflation increase 401K and Roth contribution limits for 2019?
Replies: 29
Views: 8113

Re: Will rising inflation increase 401K and Roth contribution limits for 2019?

If you google, this has been announced? "401k/403b/457 contribution limit will go up by $500 from $18,500 in 2018 to $19,000 in 2019. If you are age 50 or over, the catch-up contribution limit will stay the same at $6,000 in both 2018 and 2019" "Traditional and Roth IRA contribution limit will go u...
by MindTheGAAP
Mon Oct 29, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Will rising inflation increase 401K and Roth contribution limits for 2019?
Replies: 29
Views: 8113

Re: Will rising inflation increase 401K and Roth contribution limits for 2019?

If you google, this has been announced? "401k/403b/457 contribution limit will go up by $500 from $18,500 in 2018 to $19,000 in 2019. If you are age 50 or over, the catch-up contribution limit will stay the same at $6,000 in both 2018 and 2019" "Traditional and Roth IRA contribution limit will go up...
by MindTheGAAP
Sun Oct 28, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 174
Views: 16783

Re: Am I doing well financially?

OP, You guys are doing brilliantly with the income side of the ledger. Seriously well done on that aspect of it, you’ve got some great money coming in, but I fear you know that and that’s the cause of some of your spending. “We make good money so we should be able to XYZ...” I’m 30 (wife is 31) and ...
by MindTheGAAP
Sat Oct 27, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA in addition to 401K?
Replies: 11
Views: 605

Re: Traditional IRA in addition to 401K?

Should I post my second question separately since it involves a different child? College summer intern, no company 401K. I assume this student can claim the $12K standard deduction and just pay taxes on earnings over $12K? If that is true, is the choice again traditional IRA or Roth IRA, or can the...
by MindTheGAAP
Thu Oct 25, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Complexity
Replies: 7
Views: 474

Re: Portfolio Complexity

Approx 25% is Roth. Approx 10% is Taxable. Remainder (approx 65%) is Traditional 401k/ IRA but I’ll be moving another 5% from Traditional to Roth soon since I have non deductible contributions sitting in it at the moment.
by MindTheGAAP
Thu Oct 25, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Complexity
Replies: 7
Views: 474

Re: Portfolio Complexity

Are these all in taxable accounts, tax-deferred, or Roth? This makes a difference, especially when you are trying to make things Tax-Efficient: Tax-efficient Fund Placement This. I’m happy with total market and my small value via VIOV. I scratch my complexity itch with TLH partners. Primarily in ta...
by MindTheGAAP
Thu Oct 25, 2018 8:49 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Complexity
Replies: 7
Views: 474

Re: Portfolio Complexity

By yes I assume you mean to trim it on back?
by MindTheGAAP
Thu Oct 25, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Portfolio Complexity
Replies: 7
Views: 474

Portfolio Complexity

So I am beginning to look at what I have, and wonder if it is time to simplify some of the portfolio. Is it a big deal? No. Does it feel like there's room for cutting back on some of the funds? Sure. Advice from wiser, more sage BH members welcomed. Total Portfolio Amount - $250k as of 10/24. Total ...
by MindTheGAAP
Sun Oct 21, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1780

Re: Final Decision - Housing

Bump just to get any further input where possible.
by MindTheGAAP
Fri Oct 19, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1780

Re: Final Decision - Housing

Flyer24 wrote:
Thu Oct 18, 2018 11:56 pm
If you are at a higher risk start up company, then I would not make this big jump in mortgage. Wait a little bit. It is too much of a gamble.
Consulting firm running at about $4M this year with high growth rate. Exit to sell down the road and I, as it stands, get 5% of any sale.
by MindTheGAAP
Thu Oct 18, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1780

Re: Final Decision - Housing

It would actually be closer to $5k/mo but your point is still effectively the same in that we have sufficient coming in as long as we’re comfortable with the inherent risk of a higher hurdle? Pretty much. That would be $60K a year so it is only 20% of your gross income which should be doable but it...
by MindTheGAAP
Thu Oct 18, 2018 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1780

Re: Final Decision - Housing

Colleyville, Trophy Club, Keller, SouthLake, historical areas of Fort Worth and Monticello. We would need access to Fort Worth and DFW airport. There are a lot of houses ($700k - 900k) that have been on the market for months and prices have been dropped. This would fit that bill. Originally $875k a...
by MindTheGAAP
Thu Oct 18, 2018 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1780

Re: Final Decision - Housing

Where in DFW have you been looking? That’s not a snarky question but just out of curiosity. It’s been rocket ship here in Allen/ Lucas/ McKinney/ Frisco etc with all of the corps moving in. Though a home builder friend has said that there is more and more inventory in Frisco for new builds now.
by MindTheGAAP
Thu Oct 18, 2018 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1780

Re: Final Decision - Housing

Purchase house - final offer from builder of home: $784k. .... Current income: $300k/annually It sounds like the house would have maybe a $4,000 a month mortage payment with taxes and insurance and a $600K mortage. That is $48K out of your income. As long as your job is secure and you can get a new...