Search found 581 matches

by Makaveli
Sat May 09, 2020 6:18 am
Forum: Personal Investments
Topic: Significant gains since I tax loss harvested
Replies: 18
Views: 1576

Re: Significant gains since I tax loss harvested

Presumably you purchased the tax-loss partner with the intention of holding it for a longtime. If I were you, I would hold it and count those losses against ordinary income $3000 an year until exhausted. This is an important point. The TLH destination should always be something you are willing to h...
by Makaveli
Sun Apr 12, 2020 8:27 am
Forum: Investing - Theory, News & General
Topic: Any benefit to having a financial advisor?
Replies: 23
Views: 1770

Re: Any benefit to having a financial advisor?

Many thoughts on this front but if one were going to go this direction (my parents recently have against my recommendation) I'd say less benefit on portfolio optimization while increased benefit on helping one with portfolio withdrawal strategies and execution, modeling, hand holding on traditional ...
by Makaveli
Wed Apr 08, 2020 5:09 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32132

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

KEotSK66 wrote:
Wed Apr 08, 2020 4:26 pm
initially the model predicted 2.5 million deaths, now 60k, and it might go lower
This is simply misleading.
by Makaveli
Tue Apr 07, 2020 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do cool with your money today?
Replies: 125
Views: 10276

Re: What did you do cool with your money today?

I'm going on a weekend trip to Mexico with my sister in law next month for her 40th birthday. She's having a really rough year - separating, kid issues, job dissatisfaction. They do fine but are far from financially independent (especially now they are splitting up). So I booked a really nice place...
by Makaveli
Mon Apr 06, 2020 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Owing Taxes = Cheapest Investing on Margin
Replies: 11
Views: 844

Re: Owing Taxes = Cheapest Investing on Margin

I guess that's OK if it's the best you can do. :happy Just a friendly reminder that you don't have to pay until July 15th which will give plenty of time to open up a new rewards credit card with a long 0% purchase APR, pay your taxes with that, and earn a new account spending bonus, plus rewards. I...
by Makaveli
Sun Apr 05, 2020 7:42 am
Forum: Personal Investments
Topic: Investing on margin
Replies: 13
Views: 833

Re: Investing on margin

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. As for the question, I think understanding your AA comes first. I posted another thread on margin but not to buy securities. Use the search feature, many threads on this top...
by Makaveli
Sat Apr 04, 2020 8:45 am
Forum: Personal Investments
Topic: Interactive Brokers - 1% Lending
Replies: 17
Views: 1186

Re: Interactive Brokers - 1% Lending

I would reduce downside risk by only tapping 20-25% of available leverage vs. IB/Reg T allowance of 50% of securities value. This would produce the requirement of a 66% market pullback before a cash call would occur. If you're on Reg T at IB, you have maintenance margin of 50% end of day. The 66% p...
by Makaveli
Fri Apr 03, 2020 8:11 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1474
Views: 119285

Re: Small Cap Value heads Rejoice !!!

I keep checking this thread hoping to see news of the long awaited resurgence of SCV. As of yesterday, I TLH'd the S&P and used the funds to re-juice my SCV enough to bring it back from 6% to my desired 10% tilt.

Onwards and upwards.
by Makaveli
Thu Apr 02, 2020 8:51 am
Forum: Investing - Theory, News & General
Topic: How many funds do you have in your portfolio?
Replies: 167
Views: 12067

Re: How many funds do you have in your portfolio?

As of 4.2.20:

401k
3 funds
Brokerage account
5 funds
Roth IRA
3 funds
HSA
1 fund

I continue to try to find ways to simplify.
by Makaveli
Thu Apr 02, 2020 8:35 am
Forum: Personal Investments
Topic: Interactive Brokers - 1% Lending
Replies: 17
Views: 1186

Re: Interactive Brokers (IB) - 1% Asset Backed Lending (Margin)

Margin loans in any environment are higher risk, but going swimming where the sharks are? Not for me, a few points aint worth that. The RE deal either works or it doesnt. I dont want minor % points to make it win or lose. The profitability margins shouldnt be that tight. Make a careful choice . M P...
by Makaveli
Thu Apr 02, 2020 8:32 am
Forum: Personal Investments
Topic: Interactive Brokers - 1% Lending
Replies: 17
Views: 1186

Re: Interactive Brokers (IB) - 1% Asset Backed Lending (Margin)

johnanglemen wrote:
Wed Apr 01, 2020 4:23 pm
NerdWallet's 0.25% discount is only on the first $100,000 of margin loan.
I didn't see that anywhere, good information to have if true.
by Makaveli
Thu Apr 02, 2020 8:31 am
Forum: Personal Investments
Topic: Interactive Brokers - 1% Lending
Replies: 17
Views: 1186

Re: Interactive Brokers (IB) - 1% Asset Backed Lending (Margin)

If I move forward, I would reduce downside risk by only tapping 20-25% of available leverage vs. IB/Reg T allowance of 50% of securities value. This would produce the requirement of a 66% market pullback before a cash call would occur. Interactive Brokers does not issue margin calls. If you fall be...
by Makaveli
Thu Apr 02, 2020 8:30 am
Forum: Personal Investments
Topic: Interactive Brokers - 1% Lending
Replies: 17
Views: 1186

Re: Interactive Brokers (IB) - 1% Asset Backed Lending (Margin)

The multi-family person ultimately went bust upon an economic downturn. Leverage has that risk, hence bogleheads' general aversion to it. If half your tenants stop paying rent, will you be able to cover costs? That is not outside the realm of corona-induced possibility. We are stress testing our mo...
by Makaveli
Wed Apr 01, 2020 10:37 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296697

Re: Coronavirus and the market

I think by next week we test the lows (and break them). Agree. Today I capitulated and moved my pure stock funds (VFIAX, VTWAX representing 10% of portfolio) into cash. I also put the minimum into Global Wellington VGWAX (a new fund for me) because its window dressing looked good but that will prob...
by Makaveli
Wed Apr 01, 2020 8:09 am
Forum: Personal Investments
Topic: Interactive Brokers - 1% Lending
Replies: 17
Views: 1186

Interactive Brokers - 1% Lending

Website: https://www.interactivebrokers.com/en/index.php?f=1338 Background the quarantine has provided time to dive into the world of real estate. Long term, I see the merit of generating a passive income stream outside of quarterly dividends. I am 32 YO, debt-free, EF funded, and currently bouncing...
by Makaveli
Sun Mar 29, 2020 8:07 am
Forum: Personal Investments
Topic: Guys I Rebalanced (Moved Monies Out Of S&P 500)
Replies: 301
Views: 17801

Re: Guys I Rebalanced (Moved Monies Out Of S&P 500)

I've seen so many posts recently of people "not market timing" but just selling their equities for cash. It is really remarkable. People know market timing is a losing game, so rather than just admit that's what they're doing, they craft some circuitous argument about how what they're doing is some...
by Makaveli
Sun Mar 29, 2020 7:56 am
Forum: Forum Issues and Administration
Topic: Giving thanks to our moderators
Replies: 91
Views: 4956

Re: Giving thanks to our moderators

Thanks to all admins for keeping this a clean site.

Perhaps someone can re post a link on how we can donate or buy books where proceeds are directed to Bogleheads.org.
by Makaveli
Sat Mar 28, 2020 8:15 am
Forum: Personal Investments
Topic: Tide went out and I was naked
Replies: 28
Views: 5403

Re: Tide went out and I was naked

Do not collect $200, go straight to step two. Consider the losses a lesson learned and enjoy the simplistic boglehead approach.
by Makaveli
Fri Mar 27, 2020 8:09 am
Forum: Investing - Theory, News & General
Topic: How much (or little) do u talk to/teach others about finances
Replies: 36
Views: 1710

Re: How much (or little) do u talk to/teach others about finances

My friends now know me as the "investment guy" so quite often, especially in the times we find ourselves. I have also helped my parents for the past 5 years but received a call that they are going to go with an 1% AUM FA this week. They're aware of the cons (and alternative hourly based options) but...
by Makaveli
Mon Mar 23, 2020 12:26 pm
Forum: Personal Investments
Topic: 9 Reasons Not to Tax Loss Harvest (WCI)
Replies: 50
Views: 4298

Re: 9 Reasons Not to Tax Loss Harvest

THIS: # 9 You Might Get Burned by Volatility You might benefit from Volatility, too. Since one can use limit orders and can also BUY before one sells at a loss, I think that one avoid getting burned and can benefit most of the time. Recent example, I TLH $50k of losses on a $200k position and then ...
by Makaveli
Thu Mar 19, 2020 9:14 am
Forum: Personal Investments
Topic: Who is continuing to buy as planned?
Replies: 119
Views: 8145

Re: Who is continuing to buy as planned?

A little bit of mental accounting on my end but by far and away sticking to the plan.

Repeated steps these past two weeks:

1) Finding TLH partners and tax loss harvesting (3x)
2) Selling bonds to purchase equities (3x)
by Makaveli
Tue Mar 17, 2020 11:41 am
Forum: Investing - Theory, News & General
Topic: What are people buying that will rebound post-corona?
Replies: 10
Views: 637

Re: What are people buying that will rebound post-corona?

243 posts into this beautiful forum, what do you think is the likely response or recommendation?
by Makaveli
Tue Mar 17, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: Limit versus Stop-Limit Orders
Replies: 6
Views: 1185

Re: Limit versus Stop-Limit Orders

Surfacing this thread so others can learn alongside. This morning I placed limit orders to sell VOO and VEU at $217.20 and $37.20, respectively. They executed at $218.01 and $37.26. So this is telling me that the shares fell to my desired number and then transacted at the next best available price (...
by Makaveli
Tue Mar 17, 2020 8:42 am
Forum: Personal Investments
Topic: Single Stock Thread - Oil Stocks
Replies: 6
Views: 411

Re: Single Stock Thread - Oil Stocks

Quick sit rep: age late 20's, income $150k, no state tax, maxing out 401k and Roth IRA, 6 months emergency fund, no debt besides mortgage at 3.5% With the SP500/DOW dropping 20-30% these past few days due to virus scare and some ongoing oil war, oil stocks have dropped significantly low... I have s...
by Makaveli
Tue Mar 17, 2020 8:31 am
Forum: Personal Investments
Topic: Single Stock Thread - Oil Stocks
Replies: 6
Views: 411

Re: Single Stock Thread - Oil Stocks

Quick sit rep: age late 20's, income $150k, no state tax, maxing out 401k and Roth IRA, 6 months emergency fund, no debt besides mortgage at 3.5% With the SP500/DOW dropping 20-30% these past few days due to virus scare and some ongoing oil war, oil stocks have dropped significantly low... I have s...
by Makaveli
Tue Mar 17, 2020 8:26 am
Forum: Personal Investments
Topic: Revise AA Calculation Methodology to Create “Dry Powder”
Replies: 24
Views: 922

Re: Revise AA Calculation Methodology to Create “Dry Powder”

Simple question. Saving 35- 40%+ annually. 34 years old and DW 37 years old. 80/20 asset allocation across 3 pre-tax retirement accounts, 2 Roth IRAs and taxable. Emergency fund of 9/10 months of expenses. Do not count emergency fund in AA. Sleeping well at night with market falling (thank you bogl...
by Makaveli
Mon Mar 16, 2020 6:16 pm
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 320
Views: 25668

Re: How much you lost/gain since Feb 20,2020 ?

Down 22%, no longer a part of the two comma club, currently selling bonds to buy EQ in 5% increments every 1,000 DJIA drop.

Age 32
85:15 AA
by Makaveli
Mon Mar 16, 2020 10:57 am
Forum: Personal Consumer Issues
Topic: Are you still going to the gym ...
Replies: 210
Views: 12390

Re: Are you still going to the gym ...

RJC wrote:
Mon Mar 16, 2020 10:53 am
All gyms are shut down by the governor starting 5 PM tonight.
Governor of what State?
by Makaveli
Mon Mar 16, 2020 10:56 am
Forum: Personal Consumer Issues
Topic: Are you still going to the gym ...
Replies: 210
Views: 12390

Re: Are you still going to the gym ...

Yes I still go. What re-assured me was top level health officials saying that they still use their gym (this was 3/12) and continue to do their daily routines (restaurants/gym/etc.). Note that this recommendation may have changed since then. Gym: Lifetime Very conscious of wiping down equipment befo...
by Makaveli
Thu Mar 12, 2020 8:21 am
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 295
Views: 25669

Re: Who here is buying stocks today and how much?

From someone in accumulation mode, this draw back has given me the info I need to understand my risk tolerance. Therefore, reviewing/updating my IPS and devising a go-forward plan. The main one I am considering is adjusting my asset allocation by incrementally re-balancing from bonds into equities a...
by Makaveli
Mon Mar 09, 2020 9:34 pm
Forum: Investing - Theory, News & General
Topic: Are any early accumulators thankful for the current correction?
Replies: 185
Views: 10205

Re: Are any early accumulators thankful for the current correction?

Thankful in regards to this ~20% retreat providing a glimpse into my (untested) risk tolerance. My mind keeps on thinking “buy, buy, buy”. 85:15 EQ to FI is cruising along.
by Makaveli
Wed Feb 19, 2020 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Taxes and Restricted Stock Units (RSU)
Replies: 8
Views: 409

Re: Taxes and Restricted Stock Units (RSU)

I'm a little confused by your terminology, because typically RSU recipients would have an option to "sell to cover" taxes, also called "net issuance." I assume that this is what you meant by (b)? If so, the proceeds would be remitted to the IRS by your employer and included in Box 2, as a "withhold...
by Makaveli
Wed Feb 19, 2020 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Taxes and Restricted Stock Units (RSU)
Replies: 8
Views: 409

Taxes and Restricted Stock Units (RSU)

Normally, when RSU's vest there are options to (a) vest all shares and pay taxes with cash or (b) withhold shares to pay taxes. I elected option (b) but am unsure whether my W2 has accounted for this withholding (taxes paid). It crosses my mind because my turbotax "owe" bucket is significantly highe...
by Makaveli
Wed Jan 22, 2020 7:16 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1474
Views: 119285

Re: Small Cap Value heads Rejoice !!!

If you remove 2018, 2019 from the equation then IJS (SP600 SCV) and SPY (S&P 500) have near identical results (2013-2017 15.32% for IJS and 15.68% for SPY). 2 years of divergence is miniscule and isn't indicative of any long term trend. That's my opinion. To be fair, is the five year period referen...
by Makaveli
Thu Jan 16, 2020 3:19 pm
Forum: Personal Investments
Topic: Portfolio Progression (7 Year Update)
Replies: 17
Views: 3300

Re: Portfolio Layout (7 YEAR UPDATE)

Year seven update - image removed The current dilemma is fund placement. I originally placed my two 5% tilts (Emerging Markets and International Small Cap) in my rIRA; however, they continue to dwindle in relevance despite the annual backdoor contributions. For others that have found themselves in ...
by Makaveli
Thu Dec 19, 2019 9:47 pm
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: Speculating - Chesapeake Energy (CHK)

It is all gambling. I’m on the other side of this trade, in at -60 cents a share and sitting at a 50% gain right now in about 3 weeks holding (at the current 90 cents a share price). I would reiterate the important takeaway is to never speculate with money you can’t afford to lose and (per OP) keep...
by Makaveli
Thu Dec 19, 2019 9:46 pm
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: Speculating - Chesapeake Energy (CHK)

Officially harvested today @ $0.87. Re invested into total US and International. North of 20k loss. Serves me right after attempting to speculate. Hopefully this serves as a thread for future speculators & the risk of individual securities. To rub it in: did you include the opportunity cost of the ...
by Makaveli
Wed Dec 18, 2019 10:57 pm
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: Speculating - Chesapeake Energy (CHK)

Officially harvested today @ $0.87. Re invested into total US and International. North of 20k loss. Serves me right after attempting to speculate. Hopefully this serves as a thread for future speculators & the risk of individual securities.
by Makaveli
Tue Nov 19, 2019 8:21 am
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: Speculating - Chesapeake Energy (CHK)

If they no longer have the cash to drill (due to debt service obligations), their production will decline and their revenue/earnings/cash flow along with it. Shale and tight decline around 20% per year without drilling. A downward spiral to bankruptcy. As someone said, you are essentially betting o...
by Makaveli
Mon Nov 18, 2019 4:36 pm
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: Speculating - Chesapeake Energy (CHK)

If they no longer have the cash to drill (due to debt service obligations), their production will decline and their revenue/earnings/cash flow along with it. Shale and tight decline around 20% per year without drilling. A downward spiral to bankruptcy. As someone said, you are essentially betting o...
by Makaveli
Tue Nov 12, 2019 1:58 pm
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: Speculating - Chesapeake Energy (CHK)

If they no longer have the cash to drill (due to debt service obligations), their production will decline and their revenue/earnings/cash flow along with it. Shale and tight decline around 20% per year without drilling. A downward spiral to bankruptcy. As someone said, you are essentially betting o...
by Makaveli
Tue Nov 12, 2019 12:48 pm
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: First time Speculating - Chesapeake (CHK)

The CEO only purchased 125k so not much feedback there. Debt is the great equalizer for companies like this, and CHK has a lot of it. If oil and gas prices go up, they'll look like a bunch of heroes. If they go down, it'll be a bloodbath. The company issued a “going concern” warning. A going concer...
by Makaveli
Tue Nov 12, 2019 12:39 pm
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: First time Speculating - Chesapeake (CHK)

Why won't you disclose the rationale behind your speculation? $.70 right now. You couldn't exchange a share of CHK for anything on a McDonald's Dollar Menu. CHK was trading at nearly $70 in July of 2008, for a total loss of 99% (the return would be higher if a shareholder received dividends in cash...
by Makaveli
Tue Nov 12, 2019 12:37 pm
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: First time Speculating - Chesapeake (CHK)

The CEO only purchased 125k so not much feedback there. Debt is the great equalizer for companies like this, and CHK has a lot of it. If oil and gas prices go up, they'll look like a bunch of heroes. If they go down, it'll be a bloodbath. The company issued a “going concern” warning. A going concer...
by Makaveli
Tue Nov 12, 2019 12:35 pm
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Re: First time Speculating - Chesapeake (CHK)

Jack FFR1846 wrote:
Tue Nov 12, 2019 9:48 am
So you bought a stock that's heading into the toilet? Or did you short it?
Purchased. This game would be much easier if someone had the foresight of an equity being a hero or a zero.
by Makaveli
Tue Nov 12, 2019 9:28 am
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 29
Views: 2102

Speculating - Chesapeake Energy (CHK)

To hold myself accountable - I am normally robotic about investing and have never held an individual security. I gambled on Chesapeake Energy (CHK) due to a variety of factors, not to be disclosed. First tranche cost basis came in at $2.7/share and then doubled down @ $2.02/share. Current price sits...
by Makaveli
Wed Sep 18, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads in Oil and Gas?
Replies: 38
Views: 3411

Re: Bogleheads in Oil and Gas?

Personal experience on the upstream side (technical) with both large independents and private equity. In eight shorts year I have been subject to one lay-off and one merger/acquisition that left our entire companies staff jobless. The upshot is that both experiences resulted in 12-18 month severance...
by Makaveli
Wed Jun 26, 2019 6:35 pm
Forum: Personal Investments
Topic: VNQ [Vanguard Real Estate Index]
Replies: 12
Views: 1473

Re: VNQ

Were you in the mutual fund section? Try the ETF fund lineup.
by Makaveli
Fri Jun 21, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Overfund HSA
Replies: 4
Views: 743

Re: Overfund HSA

BD w/ Kung-Fu Grip wrote:
Thu Jun 20, 2019 7:51 am
I'm sensing an opportunity for arbitrage here - can you stuff it with another $7k, withdraw the excess contribution and save the $500 FICA tax?
Interesting idea, not sure how that would be handled.
by Makaveli
Thu Jun 20, 2019 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Overfund HSA
Replies: 4
Views: 743

Re: Overfund HSA

Let me know if my summary is correct: - Company A contributed $2,500 for 2019 - You added $4,500 (assuming family plan) also for 2019 - Company B will also contribute $2,500 for 2019 Your choices will be to either: (1) remove $2,500 of your contribution via Excess Contribution Removal Form (plus th...