Search found 460 matches

by yangtui
Mon May 25, 2020 10:43 am
Forum: Investing - Theory, News & General
Topic: Order of investing accounts, what to do when getting to brokerage?
Replies: 8
Views: 455

Re: Order of investing accounts, what to do when getting to brokerage?

galawdawg wrote:
Mon May 25, 2020 6:52 am
Here is the Bogleheads Wiki on tax-efficient fund placement. It should be a good starting point for you to review: https://www.bogleheads.org/wiki/Tax-eff ... _placement
+1

I would start here then fine tune your questions based on your individual situation.
by yangtui
Mon May 25, 2020 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Anyone buy a car from a rental car company???
Replies: 5
Views: 199

Re: Anyone buy a car from a rental car company???

I bought a 2014 Honda Civic with 13k miles on it from Hertz in 2015. It is still going strong. I believe I saved a decent amount of money getting my car this way. The cars are very well cared for. A very thorough maintenance log was included with my purchase. They let me drive it around as a rental ...
by yangtui
Mon May 25, 2020 10:35 am
Forum: Personal Investments
Topic: Paper I bonds using tax refund
Replies: 10
Views: 279

Re: Paper I bonds using tax refund

Thanks for the responses. The only potential problem I see is generating more than $5000 in tax refunds. I don't have many tax deductions and I take the standard deduction each year so even if I change federal withholding to the maximum, I don't think I can reach the $5000. Is there some way to con...
by yangtui
Mon May 25, 2020 10:33 am
Forum: Investing - Theory, News & General
Topic: Anyone screwed up timing the market?
Replies: 1
Views: 144

Re: Anyone screwed up timing the market?

Sure, I have known for a long time that timing the market is a fools errand. For the average investor, trying to capture alpha is like panning for gold in your local supermarket's runoff trench. It is important to know your limitations and not act on impulse. I think I know things all the time, but ...
by yangtui
Sun May 24, 2020 7:18 pm
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 32
Views: 2566

Re: Pandemic buys that have improved quality of life?

I bought a reclining beach chair that I take to a local park after I finish work for the day. I stretch out for an hour and read. I also bought a 2 person tent that I will use to sleep in various places until I can travel and stay in hotels again. I can social distance in a friends yard. Eat some bb...
by yangtui
Sun May 24, 2020 10:51 am
Forum: Investing - Theory, News & General
Topic: Owning Top Stocks in Each Sector?
Replies: 16
Views: 705

Re: Owning Top Stocks in Each Sector?

bck63 wrote:
Sun May 24, 2020 9:28 am
For the fun of it
How is this fun? I would rather focus on maximizing my risk adjusted returns (chasing alpha is a fools errand) and spend my money on experiences or items that will directly improve my quality of life. What you want to do sounds like it would be the exact opposite of fun.
by yangtui
Sat May 23, 2020 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Something Fishy Here?? [CARES payment received via prepaid Visa]
Replies: 43
Views: 4245

Re: Something Fishy Here??

whodidntante wrote:
Fri May 22, 2020 11:05 pm
Vanguard Fan 1367 wrote:
Fri May 22, 2020 9:40 pm
yangtui wrote:
Fri May 22, 2020 2:45 pm
when it comes to situations like this, google is your friend.
So is Bogleheads👍
If we didn't run Google searches for people or do Vanguard technical support, we might get a little bored.
It is strange.
by yangtui
Sat May 23, 2020 8:44 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 77
Views: 3513

Re: Tips to stick to a weight loss diet?

I allow myself to eat as much as I want of specific things. Other things I am allowed to eat in moderation on a limited basis. A bunch of things can never be consumed. The goal is to set things up so little to no willpower is required to stick to your diet. If I couple this with feel good exercising...
by yangtui
Sat May 23, 2020 8:32 am
Forum: Personal Finance (Not Investing)
Topic: How often do you change passwords on your investment accounts?
Replies: 35
Views: 1908

Re: How often do you change passwords on your investment accounts?

I never change passwords unless something suspicious happens. Suspicious things never happen so I never change my passwords.
by yangtui
Fri May 22, 2020 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Something Fishy Here?? [CARES payment received via prepaid Visa]
Replies: 43
Views: 4245

Re: Something Fishy Here??

when it comes to situations like this, google is your friend.
by yangtui
Thu May 21, 2020 5:40 pm
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2117

Re: Email for young teen with ability to auto delete nasty spam

atikovi wrote:
Thu May 21, 2020 4:49 pm
A few years ago I listed some tires on Craigslist and included in the title, Free Mounting. You can imagine the messages I got.
lol

This is awesome!
by yangtui
Wed May 20, 2020 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: At 30, what are some key financial milestones I should have hit?
Replies: 51
Views: 4267

Re: At 30, what are some key financial milestones I should have hit?

Did the OP run away? Key financial milestones are going to be different for everybody.
by yangtui
Wed May 20, 2020 8:03 pm
Forum: Personal Consumer Issues
Topic: what to do about 1000s of dandelions/weeds?
Replies: 55
Views: 4049

Re: what to do about 1000s of dandelions/weeds?

I would just let it be. None of those things growing in your yard are harmful. They are part of a healthy ecosystem.
by yangtui
Sun May 17, 2020 3:56 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2733

Re: Dividend vs Total Return question

Your fact pattern is incomplete. You are not providing us with nearly enough information to provide you with a reasonable response.
by yangtui
Sat May 16, 2020 7:23 am
Forum: Non-US Investing
Topic: The Mighty USD
Replies: 47
Views: 3317

Re: The Mighty USD

I have no idea. I factor the USD staying as is into my decision making process. I like to think that outside of wild swings I will be more than fine. What is your goal in asking this question? Are you overexposed if the USD swings really hard in one direction?
by yangtui
Sat May 09, 2020 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Choosing not to correct all billing/financial errors
Replies: 68
Views: 4586

Re: Choosing not to correct all billing/financial errors

Materiality matters. I spot check things but I do not do detailed reconciliations. If my free time is worth 50 dollars an hour and I spend 2 hours reviewing something to find a 10 dollar error I just lost 90 dollars.
by yangtui
Fri May 08, 2020 4:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Vs Ally saving 1.5%?
Replies: 8
Views: 1618

Re: Vanguard Prime Money Market Vs Ally saving 1.5%?

Who knows why different institutions have different rates? Does it really matter? I check Doctor of Credit on occasion to make sure that what I am currently getting is reasonable compared to my other options.
by yangtui
Thu May 07, 2020 5:44 pm
Forum: Personal Consumer Issues
Topic: iPad.. worth it?
Replies: 49
Views: 3065

Re: iPad.. worth it?

I usually buy the cheapest generic Android tablet I can find and run the thing into the ground. Usually get a good 2 to 3 years out of it before the battery starts to go. Last one I bought several years ago cost about 100 dollars I think.
by yangtui
Thu May 07, 2020 4:29 pm
Forum: Personal Consumer Issues
Topic: Will a vpn complicate or improve my internet experience?
Replies: 54
Views: 3639

Re: Will a vpn complicate or improve my internet experience?

Do you travel a lot and utilize questionable wifi networks? If you are going to get it to browse the internet from a trusted connection you will probably be worse off.
by yangtui
Sun May 03, 2020 8:42 am
Forum: Personal Investments
Topic: What would you invest 50K in?
Replies: 25
Views: 2428

Re: What would you invest 50K in?

LadyGeek wrote:
Sun May 03, 2020 7:51 am
Post your portfolio info in this thread using the Asking Portfolio Questions format. It will make you think about the "big picture" while giving us the info we need to point you in the right direction.
+1

More information is needed before good advice can be given.
by yangtui
Thu Apr 30, 2020 5:41 pm
Forum: Personal Investments
Topic: Ideas to invest 200K
Replies: 9
Views: 844

Re: Ideas to invest 200K

I would edit your post using the format at the link below.

viewtopic.php?f=1&t=6212
by yangtui
Tue Apr 28, 2020 4:15 pm
Forum: Personal Investments
Topic: Holding Gold as "Doomsday Fund"
Replies: 121
Views: 5013

Re: Holding Gold as "Doomsday Fund"

I would rather own guns, ammo, lots of food, and a secure self sustaining property in a high trust/functioning region. The other backup option would be to have a cold storage wallet with a substantial amount of crypto tucked away in a foreign safe deposit box.
by yangtui
Tue Apr 28, 2020 9:15 am
Forum: Non-US Investing
Topic: Chinese Equity Exposure
Replies: 18
Views: 829

Re: Chinese Equity Exposure

I think China is winning the economic war against the USA. USD overvalued in short term. It will go down over the median to long term. My impression is the exact opposite of this based on what my China based friends (foreign and Chinese nationals) have been experiencing over the past few years and ...
by yangtui
Mon Apr 27, 2020 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Do you expect your employer to change their stance on WFH after Coronavirus?
Replies: 99
Views: 6052

Re: Do you expect your employer to change their stance on WFH after Coronavirus?

stoptothink wrote:
Mon Apr 27, 2020 8:08 pm
yangtui wrote:
Mon Apr 27, 2020 6:06 pm
Outside of jobs that are impossible to do remotely, I thought that WFH was pretty much universal at this point.
What industry are you in? I can probably count on one hand the number of people I know who could regularly WFH, and my wife and most of my friends are in tech.
Accounting/Finance.
by yangtui
Mon Apr 27, 2020 8:16 pm
Forum: Non-US Investing
Topic: Chinese Equity Exposure
Replies: 18
Views: 829

Re: Chinese Equity Exposure

It would be good to have Chinese equity exposure but I do not believe it is possible in a meaningful way.
by yangtui
Mon Apr 27, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Do you expect your employer to change their stance on WFH after Coronavirus?
Replies: 99
Views: 6052

Re: Do you expect your employer to change their stance on WFH after Coronavirus?

I have been able to work remotely for years now. I have space in an office that I choose to go to pretty much every day but I also have a laptop that will work pretty much anywhere in the world. Outside of jobs that are impossible to do remotely, I thought that WFH was pretty much universal at this ...
by yangtui
Mon Apr 27, 2020 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle - delivery
Replies: 19
Views: 1721

Re: Side Hustle - delivery

What is your primary source of income? Unless this is a temporary situation, would it be possible to increase that versus getting a second job?
by yangtui
Sun Apr 26, 2020 8:52 pm
Forum: Personal Consumer Issues
Topic: In your experience, what is the credit card with the best customer service?
Replies: 36
Views: 2038

Re: In your experience, what is the credit card with the best customer service?

Here is another angle. The customer service difference between the best customer service and the worst is not material enough to choose a card that has lower rewards over one with higher rewards and worse customer service. +1 They all seem to be pretty much the same in the customer service departme...
by yangtui
Sat Apr 25, 2020 4:58 pm
Forum: Personal Consumer Issues
Topic: Any Luck Getting a Refund?
Replies: 9
Views: 998

Re: Any Luck Getting a Refund?

He could try saying that he just lost his job and he needs the money to pay for food/medical care/housing etc. I would rely on pity here to get things moving. A lot of small businesses operate in a very hand to mouth way with operating/debt leverage. They might be considering the possibility that th...
by yangtui
Sat Apr 25, 2020 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Build wealth or enjoy a vivid life?
Replies: 9
Views: 1138

Re: Build wealth or enjoy a vivid life?

It is all a balancing act. At every income/wealth level you are going to have limitations on what you afford. Many degrees of rightness/wrongness here.
by yangtui
Sat Apr 25, 2020 11:02 am
Forum: Personal Finance (Not Investing)
Topic: DD's apartment complex requires renters insurance
Replies: 50
Views: 2062

Re: DD's apartment complex requires renters insurance

It was a requirement for me when I was looking to rent in Chicagoland several years ago. The management office required a copy of the policy before they could finalize my lease.
by yangtui
Sat Apr 25, 2020 10:50 am
Forum: Personal Consumer Issues
Topic: How does the accounting profession fare during recessions?
Replies: 25
Views: 2266

Re: How does the accounting profession fare during recessions?

ladders11 wrote:
Fri Apr 24, 2020 12:08 am
The only people who consider themselves essential are just not experienced enough to know any better.
+1
by yangtui
Sat Apr 25, 2020 10:47 am
Forum: Personal Consumer Issues
Topic: How does the accounting profession fare during recessions?
Replies: 25
Views: 2266

Re: How does the accounting profession fare during recessions?

being a CPA and with 20 years experience, I will give you this advice. I was told that being an accountant means you will always have a job. What they dont tell you is that you will always have a shitty job where you work too many hours for too little pay, but you will have a job.... It’s always in...
by yangtui
Sat Apr 25, 2020 10:30 am
Forum: Personal Consumer Issues
Topic: Unable to Order Work Out Equipment
Replies: 45
Views: 3356

Re: Unable to Order Work Out Equipment

My family has decided to create our own home gym. We did some research on the types of equipment and weights that we would like to purchase, but everywhere we look (Amazon, Titan Fitness, Rogue Fitness, etc.) it says the equipment is unavailable or out of stock or on back order. I'm assuming this i...
by yangtui
Mon Apr 20, 2020 8:25 pm
Forum: Personal Consumer Issues
Topic: How does the accounting profession fare during recessions?
Replies: 25
Views: 2266

Re: How does the accounting profession fare during recessions?

I think it does ok. If you are halfway decent you will probably be able to find a job in almost all economic environments. The job might be really lousy but at least it is a job. Even during good times you are not immune from corporate restructuring, cost cutting, and outsourcing. I know some very s...
by yangtui
Mon Apr 20, 2020 8:17 pm
Forum: Personal Consumer Issues
Topic: Anybody sell 1 MB or 5 MB internet and how much? I don't need high speed internet at $50-$60 a month.
Replies: 17
Views: 1247

Re: Anybody sell 1 MB or 5 MB internet and how much? I don't need high speed internet at $50-$60 a month.

I was able to get 25 Mbps for 19.99 per month from Comcast when I lived in Chicagoland several years ago. I had to dig a bit on their website to find it if I recall. I bought my modem and wifi router on Amazon; 6 month payback period.
by yangtui
Mon Apr 20, 2020 8:13 pm
Forum: Personal Investments
Topic: Share your experience if you timed the market
Replies: 38
Views: 2296

Re: Share your experience if you timed the market

After watching friends and family lose disgusting amounts of money trying to time the market I decided it was probably a bad idea.
by yangtui
Thu Apr 16, 2020 4:17 pm
Forum: Personal Investments
Topic: North American Oil - Should I buy?
Replies: 31
Views: 1936

Re: North American Oil - Should I buy?

Welcome to Bogleheads! We aren't a stock picking site and don't recommend buying individual stocks as a core long term investment strategy. We recommend buying broadly diverse holdings at a low expense ratio most often in the form form of index funds. There is far too much risk in betting the farm ...
by yangtui
Wed Apr 15, 2020 7:04 pm
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7428

Re: Retirees: what are you doing with all the home equity?

This is exactly the predicament I am avoiding with my interest-only mortgage which I intend to roll over into perpetuity. I need to model this out in Excel but on the surface interest-only mortgages seem like a good deal. For the average person they are probably bad but if you approach it the right...
by yangtui
Wed Apr 15, 2020 6:43 pm
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7428

Re: Retirees: what are you doing with all the home equity?

This is exactly the predicament I am avoiding with my interest-only mortgage which I intend to roll over into perpetuity. I need to model this out in Excel but on the surface interest-only mortgages seem like a good deal. For the average person they are probably bad but if you approach it the right...
by yangtui
Wed Apr 15, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting question for bi-monthly bills
Replies: 5
Views: 384

Re: Budgeting question for bi-monthly bills

Short answer, no. Long answer, assuming you are paid by direct deposit, can you have your inflows go directly into your savings account then transfer the money to your checking account as needed? Can you pay these bills by credit card? If you can do it that you will be able to hold onto the cash for...
by yangtui
Mon Apr 13, 2020 8:05 am
Forum: Investing - Theory, News & General
Topic: Does compounding really work with stocks?
Replies: 64
Views: 4722

Re: Does compounding really work with stocks?

At the entity level compounding can happen. On average the entity is reinvesting its earning back into the business. On average the retained earnings are being used to earn even more retained earnings (and so on and so on). All else being equal, the compounding that is happening at the entity level ...
by yangtui
Sun Apr 12, 2020 11:00 am
Forum: Personal Consumer Issues
Topic: Should we be concerned with any banks closing?
Replies: 44
Views: 3194

Re: Should we be concerned with any banks closing?

I am far more concerned with supply chain disruptions and the pool of consumer goods I can choose from shrinking. I am wrong all the time though so I am not too concerned.
by yangtui
Sun Apr 12, 2020 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 12922

Re: Executive pay cut request: How to respond?

I am an entrepreneur. I make a 7 figure annual income. I built my own successful company. I don’t enjoy going to the expensive lawyers and accountants all that much. I may get more interesting advice when I post on bogleheads or on a forum in my industry. Sure, I may then bring forward some of thos...
by yangtui
Sat Apr 11, 2020 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 12922

Re: Executive pay cut request: How to respond?

PS: I'd also hope your current boss couldn't figure out from this thread that he's paying someone close to $700k / yr for 25 hrs work / wk. If the OP only has to spend 25 hours per week to deliver what I am assuming are above acceptable results then his bosses should be very excited to have somebod...
by yangtui
Sat Apr 11, 2020 12:52 pm
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 134
Views: 9927

Re: What single individual stock would you buy?

I am a HUGE fan of BioAnal Sys (BASI).
by yangtui
Wed Apr 08, 2020 4:44 pm
Forum: Investing - Theory, News & General
Topic: Reading Balance Sheet
Replies: 23
Views: 1053

Re: Reading Balance Sheet

A debatable path is to go to eBay and pick up used CFA books. It is a excellent 3-part self study program. You can buy the used books dirt cheap. It does a excellent job of integrating accounting, statistics, investment theory, and other practical items. Also, it is congruent with the Boglehead and...
by yangtui
Wed Apr 08, 2020 4:33 pm
Forum: Personal Investments
Topic: Investing on margin
Replies: 13
Views: 833

Re: Investing on margin

Makaveli wrote:
Sun Apr 05, 2020 7:42 am
yangtui wrote:
Sat Apr 04, 2020 8:41 pm
If you feel the need to ask the question here then you shouldn't do it.
This type of blanket statement sets a poor precedent.
I agree. I shouldn't have been so crass.
by yangtui
Wed Apr 08, 2020 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get a credit card? Which?
Replies: 21
Views: 1148

Re: Should I get a credit card? Which?

Do not be afraid of annual fees. If the card fits your spending profile you can negate the fee multiple times over.