Search found 125 matches

by Mister A
Mon Oct 21, 2019 4:50 pm
Forum: Personal Investments
Topic: Portfolio Review-Lazy Not for me
Replies: 28
Views: 1606

Re: Portfolio Review-Lazy Not for me

OP, you have to sleep at night and live with your portfolio. That's cool. I'm not sure what your allocation strategy was here, and I assume you're posting because you want feedback. It seems like you're trying to balance each account separately. I would strongly suggest doing your strategy assuming ...
by Mister A
Tue Oct 08, 2019 9:02 pm
Forum: Personal Investments
Topic: PAS suggested portfolio, too complex ?
Replies: 18
Views: 1757

Re: PAS suggested portfolio, too complex ?

I'm pretty surprised that PAS is building portfolios out of SPDR and iShares sector ETFs. That is not happening. Those assets are already in the portfolio. It looks simply like there is no need to sell them right now and take a tax hit. Ah, silly me. I misunderstood. Thanks for clearing that up.
by Mister A
Tue Oct 08, 2019 8:19 pm
Forum: Personal Investments
Topic: PAS suggested portfolio, too complex ?
Replies: 18
Views: 1757

Re: PAS suggested portfolio, too complex ?

I'm pretty surprised that PAS is building portfolios out of SPDR and iShares sector ETFs.
by Mister A
Sat Sep 28, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Where to put a year's worth of living expenses?
Replies: 10
Views: 1064

Re: Where to put a year's worth of living expenses?

For liquidity over the course of *this* year, IE a time horizon of "now", I would use high-yield savings. AmEx - my personal choice - is paying about 1.9%.

I don't mistrust money market funds but if it was literally my current living expenses, I'd prefer FDIC coverage.
by Mister A
Thu Sep 26, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: Buying expensive TVs online
Replies: 54
Views: 4028

Re: Buying expensive TVs online

Just got the 65" LG C9 w/ soundbar bundle on Amazon with a coupon deal for 15% off + 5% cashback on the Amazon card. Shipped from Beach in NJ. Box arrived badly beaten and that was alarming, but the TV is immaculate and I can hawk the soundbar on Craigslist. The coupon deal seems to have been short-...
by Mister A
Thu Sep 19, 2019 6:11 pm
Forum: Personal Consumer Issues
Topic: Mid-Century Sofa - Quality of Online Brands / Midrange Chains
Replies: 33
Views: 3130

Re: Mid-Century Sofa - Quality of Online Brands / Midrange Chains

Very cool, looking into these. This thread has really helped me cement what my options are and rule some ideas out. I'll probably order some swatches and head into the city to check out Room & Board and Crate & Barrel displays. Also found this article about which construction features are good quali...
by Mister A
Thu Sep 19, 2019 3:51 pm
Forum: Personal Consumer Issues
Topic: Mid-Century Sofa - Quality of Online Brands / Midrange Chains
Replies: 33
Views: 3130

Re: Mid-Century Sofa - Quality of Online Brands / Midrange Chains

My wife and I just had two sofas delivered from www.article.com . We find them stylish and comfortable. Highly recommend. It's funny you mention that, their name comes up a lot but I initially didn't see anything I liked. However, now both the Burrard and, surprisingly, the Ceni jump out at me as p...
by Mister A
Thu Sep 19, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: Mid-Century Sofa - Quality of Online Brands / Midrange Chains
Replies: 33
Views: 3130

Re: Mid-Century Sofa - Quality of Online Brands / Midrange Chains

For a nice balance between quality, design, and value, try Room & Board. I've had a few pieces from Crate and Barrel and liked them, but can't speak to that sofa in particular. I will say that the Room and Board furniture I have is better quality and lower price than Crate and Barrel. You might als...
by Mister A
Thu Sep 19, 2019 1:49 pm
Forum: Personal Consumer Issues
Topic: Mid-Century Sofa - Quality of Online Brands / Midrange Chains
Replies: 33
Views: 3130

Mid-Century Sofa - Quality of Online Brands / Midrange Chains

Looking to buy a specific style of mid-century modern sofa. You probably know the look: woven fabric, square arms, tufted cushions, and tapered legs. I probably either want one with a matching ottoman or a reversible chaise. Quite a few brands carry some variation on it and I think I've narrowed it ...
by Mister A
Wed Sep 04, 2019 2:17 pm
Forum: Personal Investments
Topic: Is this a real strategy?
Replies: 21
Views: 2734

Re: Is this a real strategy?

A strategy can be both real and bad at the same time. Quoted for accuracy. This adviser is a boat anchor, as many are. If you meddle with your father's finances and it goes bad, you'll take the heat, but it might be worth having him set up a meeting with Vanguard to go over what he's doing and offe...
by Mister A
Tue Sep 03, 2019 9:02 am
Forum: Personal Investments
Topic: Marie Kondo My Portfolio Please
Replies: 29
Views: 3130

Re: Marie Kondo My Portfolio Please

I’m not Jack, but I refer to allocations under 5% as “window dressing”, because they look pretty but the holding is not big enough to “move the needle” of the overall portfolio even if the asset performs exceptionally well. Have to chime in to agree with this entirely. The time/emotional cost of ma...
by Mister A
Tue Sep 03, 2019 6:58 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1564
Views: 167759

Re: [What TV Show Have You Recently Watched?]

Started "On Becoming a God in Central Florida", a dark comedy about MLMs in the late '80s/early '90s. Entertaining so far.
by Mister A
Mon Sep 02, 2019 9:00 pm
Forum: Personal Consumer Issues
Topic: Water alarm just saved me a lot of $$$. Do you have them?
Replies: 62
Views: 6920

Re: Water alarm just saved me a lot of $$$. Do you have them?

The lowest drain is a basement shower pan and I keep two of these in there. It's mostly unused but if the sewer lift station fails during a storm and the check valve isn't operating properly, that's where it backs up. Not much to do about it but at least I can get the pump down and call ServPro befo...
by Mister A
Wed Aug 28, 2019 12:53 pm
Forum: Personal Investments
Topic: Money Market Funds - Taxable or Tax-Exempt?
Replies: 5
Views: 575

Re: Money Market Funds - Taxable or Tax-Exempt?

https://funds.eatonvance.com/tax-equivalent-yield-calculator.php This calculator will help you figure it out. You put in your taxable income and the yield you can get on a tax exempt product, and it'll work out what you'd need on a taxable product to match it. The odds are that at 24% you'll be comi...
by Mister A
Mon Aug 26, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab as a one stop shop
Replies: 62
Views: 7255

Re: Schwab as a one stop shop

I use the free SPDR ETFs Which ones do you use? I don’t like Schwab’s in-house international line up a whole lot. Curious to see what you use. OneSource now includes a good selection of the SPDR Portfolio line. SPTM (SPDR® Portfolio Total Stock Market ETF), SPDW (SPDR® Portfolio Developed World ex-...
by Mister A
Mon Aug 26, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Schwab as a one stop shop
Replies: 62
Views: 7255

Re: Schwab as a one stop shop

I've been at Schwab a year or so for almost everything on my day-to-day spend, although I keep some money in my big name checking as a backup and run some regular payments through a high-yield savings for organizational purposes. Original attraction was the tie-in to the AmEx ecosystem, since the Sc...
by Mister A
Fri Aug 16, 2019 8:56 am
Forum: Investing - Theory, News & General
Topic: Muni bond advice - high yield
Replies: 24
Views: 1864

Re: Muni bond advice - high yield

SHYD ( short high yield munis ) might be an option, but it's a national fund. This is an interesting concept. In any case, MUC has trounced MUB and VCIAX. I wouldn't dismiss it (assuming one has a long holding period which the OP doesn't have). For an apples-to-apples comparison, MUC vs. CMF vs. VC...
by Mister A
Thu Aug 15, 2019 7:02 pm
Forum: Investing - Theory, News & General
Topic: Muni bond advice - high yield
Replies: 24
Views: 1864

Re: Muni bond advice - high yield

Not sure what you mean by this... Care to elaborate? All I mean is that like advisory fees, the costs of running a fund still get paid whether it's doing well or not. Leverage is essentially debt finance and the lender gets paid whether the bonds perform or not. Bogleheads usually advise to avoid t...
by Mister A
Thu Aug 15, 2019 12:29 pm
Forum: Investing - Theory, News & General
Topic: Muni bond advice - high yield
Replies: 24
Views: 1864

Re: Muni bond advice - high yield

My uncle has a lot of his cash in this fund, which is the reason I even considered it. As someone fascinated by munis, I can sympathize. There's always a sense with these products that someone may have finally invented a perpetual motion machine. If it seems too good to be true, it is. The basic Bo...
by Mister A
Wed Aug 14, 2019 1:51 pm
Forum: Investing - Theory, News & General
Topic: Muni bond advice - high yield
Replies: 24
Views: 1864

Re: Muni bond advice - high yield

Just to make sure, you do understand that this is a leveraged fund. They're using debt to amplify the yield by buying more bonds than your actual purchase price can cover, but they're also amplifying the underlying costs (servicing the debt) and amplifying swings in price of the fund. This does mean...
by Mister A
Tue Jul 02, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Eyesight System?
Replies: 101
Views: 5935

Re: 2019 Subaru Forester Eyesight System?

If it goes off because you are drifting out of a lane that is probably a good thing. My girlfriend had been driving a Hyundai for years and periodically complained that it dogtracked to the left. When we finally put her in a new Toyota, she took it right to the shop because some annoying beep kept ...
by Mister A
Mon Jun 24, 2019 6:30 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4142
Views: 796707

Re: What's Your Credit Card Rewards Strategy?

Amex experts: Do you ever use the EBates shopping portal to scrape extra points off online purchases? Like a part-time job. I pair it with SkyMiles Shopping and take whichever one has the most of their own points. Waiting for 8-10x specials at Marriott and pairing it with Marriott discounts on AmEx...
by Mister A
Fri Jun 21, 2019 6:28 am
Forum: Investing - Theory, News & General
Topic: A.I. Index Funds?
Replies: 12
Views: 1719

Re: A.I. Index Funds?

You might look at Global X funds, as well as XT.

Global X has some themed funds around automation, AI, and big data. XT is a more all-encompassing "possible future tech plays" ETF.
by Mister A
Thu Jun 06, 2019 9:54 am
Forum: Personal Investments
Topic: This market just scares me...
Replies: 43
Views: 4475

Re: This market just scares me...

DCA. If you're this stressed about the next year, break it up into 12 installment purchases.
by Mister A
Tue Mar 19, 2019 9:23 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 12938

Re: What is your U.S./ex-U.S. stock allocation?

50/50. Within international, 50/50 developed/emerging.
by Mister A
Tue Mar 12, 2019 8:12 am
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 74
Views: 7541

Re: Time to buy Boeing?

I've followed the Lionair investigation fairly closely, and am unaware of a statement fitting Mr. Kirana's accusation that Boeing was trying shift blame onto his airline. The Boeing statement he referred to really only amounts to Boeing summarizing the findings of the preliminary report least likel...
by Mister A
Mon Mar 11, 2019 4:52 pm
Forum: Personal Consumer Issues
Topic: PC Games
Replies: 32
Views: 2812

Re: PC Games

It's not turn-based, but Europa Universalis IV is a great strategy game. You can change the speed settings, the lowest setting is pretty much turn based. If you have ever played the Total War series, EUIV is like the map portion of that game (marriages/alliances/trade). Best way I can describe it i...
by Mister A
Mon Mar 11, 2019 4:35 pm
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 74
Views: 7541

Re: Time to buy Boeing?

From what I've heard, it's more of a training issue with pilots in some countries. That doesn't mean that they won't go with a technical solution requiring updates. That's certainly the position Boeing took with Lion Air, causing Lion Air to all but go to war with Boeing for trying to pin it on the...
by Mister A
Fri Mar 08, 2019 8:29 pm
Forum: Personal Investments
Topic: Emergency fund in VNYTX or i-bonds? [Vanguard NY Long-Term Tax-Exempt]
Replies: 12
Views: 989

Re: Emergency fund in VNYTX or i-bonds? [Vanguard NY Long-Term Tax-Exempt]

If you're committed to this idea, maybe run the numbers against NYF, the iShares NY muni ETF. It's a shorter-term NY bond fund with, I believe, higher credit quality.
by Mister A
Mon Mar 04, 2019 7:52 am
Forum: Personal Consumer Issues
Topic: Luggage Carry On 22" long x 14" wide x 9" tall
Replies: 24
Views: 2001

Re: Luggage Carry On 22" long x 14" wide x 9" tall

I would highly recommend the "international" size carry-ons, which are about an inch shorter to accommodate overhead bins on non-U.S. carriers. These avoid the drama that comes with finding out the space is not as advertised and your bag is half an inch too large once you've already boarded U.S. fli...
by Mister A
Thu Feb 28, 2019 2:46 pm
Forum: Personal Investments
Topic: Is it hard to capture tiny profits trading if you are not greedy?
Replies: 26
Views: 2239

Re: Is it hard to capture tiny profits trading if you are not greedy?

This is at least as viable as Richard Pryor's scheme in Superman II.
by Mister A
Wed Feb 27, 2019 3:18 pm
Forum: Personal Investments
Topic: bitcoin guy wants to stock market
Replies: 234
Views: 13305

Re: bitcoin guy wants to stock market

i've considered the fluctuating rate of bonds. that could go ether way so it's not really an argument for why bonds are better. also consider that my CD is only 19 months. almost everything for 3.5% is 5 years. 3.5% for 19 months is damn good and you guys know it. i will not lock myself down for an...
by Mister A
Wed Feb 27, 2019 12:27 pm
Forum: Personal Investments
Topic: bitcoin guy wants to stock market
Replies: 234
Views: 13305

Re: bitcoin guy wants to stock market

i was looking at VNQ and VWEHX as an income allocation. i know VWEHX is not a conservative allocation. but it is a little more conservative than going more in equity, right? i was looking at Vanguard Emerging Markets Bond VEMBX too but the expense ratio is 3 times higher. I should have worded that ...
by Mister A
Wed Feb 27, 2019 11:47 am
Forum: Personal Investments
Topic: bitcoin guy wants to stock market
Replies: 234
Views: 13305

Re: bitcoin guy wants to stock market

The only part of that allocation I would second-guess is the high-yield bond fund. They're the least conservative choice there and even an emerging market bond fund would be far less volatile. However, with that said, if you count it as an equity allocation (which it's more closely correlated to), y...
by Mister A
Sat Feb 23, 2019 8:33 pm
Forum: Personal Investments
Topic: bitcoin guy wants to stock market
Replies: 234
Views: 13305

Re: bitcoin guy wants to stock market

Tax-exempt bonds usually won't make sense for you if you are still in a low tax bracket. You'll find that the yields are risk-adjusted on the assumption of a relatively high tax-rate making them break even with taxable bonds. Note that with corporate bonds, total defaults are unusual. A default may ...
by Mister A
Sat Feb 23, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Index home improvement savings
Replies: 1
Views: 327

Re: Index home improvement savings

An option for known goals that will "come due" in some future year like a new roof would be one of those target-maturity bond ETFs like Invesco BulletShares.
by Mister A
Sat Feb 23, 2019 5:40 pm
Forum: Personal Investments
Topic: putting everything on the table, how to simplify?
Replies: 11
Views: 1333

Re: putting everything on the table, how to simplify?

Choose one brick and mortar bank. Choose one online bank for high yield savings. Choose one brokerage and move all accounts over than can be. Make sure you get your employer match, max out Roth IRA and the go back to employer plan for whatever er amount you want. +1. Frankly, OP, you're already at ...
by Mister A
Sat Feb 23, 2019 4:43 pm
Forum: Personal Investments
Topic: bitcoin guy wants to stock market
Replies: 234
Views: 13305

Re: bitcoin guy wants to stock market

i'm not gonna waste big money trying to fight it. i will accept whatever nature has in store for me. i will donate everything long before i give it to the medical field. Definitely bring that mindset to the financial advisory field first , keep your assets by going with the most cost-effective solu...
by Mister A
Sat Feb 23, 2019 4:17 pm
Forum: Personal Investments
Topic: Muni bond CEFs
Replies: 17
Views: 1268

Re: Muni bond CEFs

The trouble with that is that Vanguard does not offer very many state-specific funds. I suspect the reason for this is simply that there is very little demand for them, because other than the states that they cover, state/local taxes are typically low enough and state-specific credit risk (and ther...
by Mister A
Sat Feb 23, 2019 12:48 pm
Forum: Personal Investments
Topic: new/skeptical investor
Replies: 18
Views: 1220

Re: new/skeptical investor

Yes I am aware, but it’s hard for me to pay someone 30k+ to give back 15 months worth of gains in 9 days. And just say casually, “we are gonna have some down years.” Maybe my expectations are unreasonable. Both things can be true at once: - It's an unreasonable expectation to never have down years....
by Mister A
Sat Feb 23, 2019 12:38 pm
Forum: Personal Investments
Topic: One ETF at Schwab - no cost and low to no dividends
Replies: 13
Views: 791

Re: One ETF at Schwab - no cost and low to no dividends

So I take it this has an educational component, and that you want him thinking "Bogleheadishly". If he's currently 100% domestic and bonds are out, this sounds like a fine time to learn about international. SCHF (Schwab large-cap developed) and SCHE (Schwab large-cap emerging) are the starting point...
by Mister A
Sat Feb 23, 2019 10:50 am
Forum: Personal Investments
Topic: Beware of the Edward Jones neighborly visit.
Replies: 89
Views: 9356

Re: Beware of the Edward Jones neighborly visit.

Of course one could track the relative fraction of personal investments held in low cost diversified index funds over time to reflect on that. This forum is a bit of an isolated utopia that is not like the rest of the world out there. I'm not sure I agree with that: https://www.reuters.com/article/...
by Mister A
Fri Feb 22, 2019 4:13 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard Bond ETFs Lose $1.4 Billion as December Buyer Bails"
Replies: 24
Views: 3627

Re: "Vanguard Bond ETFs Lose $1.4 Billion as December Buyer Bails"

I don't see where they lost it. Looks like they know exactly where it is.
by Mister A
Fri Feb 22, 2019 2:39 pm
Forum: Personal Investments
Topic: Beware of the Edward Jones neighborly visit.
Replies: 89
Views: 9356

Re: Beware of the Edward Jones neighborly visit.

That is true. It is one of the reasons trying to complain even after an account is actually established is useless. Actually, it isn't even a scheme. It is just selling someone something it is not in their interest to buy. In that sense EJ is solidly placed in the center of the best traditions of A...
by Mister A
Thu Feb 21, 2019 4:34 pm
Forum: Personal Investments
Topic: Theory: NOW is the Best Time for Total World Stock
Replies: 145
Views: 19387

Re: Theory: NOW is the Best Time for Total World Stock

I agree with this and am 50/50 in my new mid-career portfolio. If it doesn't pan out, I simply won't rebalance. For those of us who are doing it by slice-and-dice, may I ask if anyone who agrees with this has opinions on the proper allocation to emerging markets? Allocations in these Total World ind...
by Mister A
Thu Feb 21, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4142
Views: 796707

Re: What's Your Credit Card Rewards Strategy?

What I want to understand now is what people do when they have multiple unrelated cards. Like if I got a BofA card, or an Amex card, what do you do when you collect a few points here and there with those, but your primary cards are with an unrelated company/group? Lets say I get the Chase trifecta,...
by Mister A
Thu Feb 21, 2019 1:08 pm
Forum: Personal Investments
Topic: Getting into investing and what stocks to buy
Replies: 61
Views: 3576

Re: Getting into investing and what stocks to buy

Mister A you have been a book of knowledge. I appreciate your info. That is great advice and you answered my question. I'll look into 401ks. I dont see it hurting if I have one. I just hear when it comes to withdraw, Uncle sam takes his cut aka tax ineffcient, and unfair. I just hear there are bett...
by Mister A
Thu Feb 21, 2019 11:57 am
Forum: Personal Investments
Topic: Getting into investing and what stocks to buy
Replies: 61
Views: 3576

Re: Getting into investing and what stocks to buy

Thanks a lot for your response. Do all ETF's have an annual fee? It make sense that they do as you were very clear and do the Annual fee's just get auto deducted or is this something you are billed by your marketbuying host (Robinhood, M1 Finance ) etc. Thank you :D It all happens in the background...
by Mister A
Thu Feb 21, 2019 10:56 am
Forum: Personal Investments
Topic: Getting into investing and what stocks to buy
Replies: 61
Views: 3576

Re: Getting into investing and what stocks to buy

Last question. So as of right now this very second VTI cost $142.65. Are you able to put more money into VTI or once you buy one VTI you are set? I guess I am thinking of it too much like an individual stock. I do understand the concept that if I purchase a VTI, I have a fraction of stocks within t...