Search found 91 matches

by VirginiaBob
Sat Dec 20, 2014 9:32 pm
Forum: Investing - Theory, News & General
Topic: VTI went up, but VTSMX went down
Replies: 19
Views: 3270

Re: VTI went up, but VTSMX went down

LadyGeek wrote:OP - Did we answer your question? A lot more details are in this thread, which is now a sticky in 2 forums: [Why did my fund suddenly drop in value?]

I also strongly encourage our experienced members to read this post: Re: [Why did my fund suddenly drop in value?]
Yes, thank you to all.
by VirginiaBob
Fri Dec 19, 2014 9:01 pm
Forum: Personal Consumer Issues
Topic: Gaming PC for son, buy or build?
Replies: 63
Views: 7803

Re: Gaming PC for son, buy or build?

Don't expect to actually save any money building a PC, since the big PC retailers buy the parts in bulk a lot cheaper than you can get them and sell at almost cost, hoping you'll buy the expensive accessories/software, which is where they really make their profits. But for the learning experience, i...
by VirginiaBob
Fri Dec 19, 2014 8:10 pm
Forum: Investing - Theory, News & General
Topic: VTI went up, but VTSMX went down
Replies: 19
Views: 3270

Re: VTI went up, but VTSMX went down

Looking4Ward wrote:They'll show up either tomorrow or Monday.
ok thanks
by VirginiaBob
Fri Dec 19, 2014 8:08 pm
Forum: Investing - Theory, News & General
Topic: VTI went up, but VTSMX went down
Replies: 19
Views: 3270

Re: VTI went up, but VTSMX went down

it says none received
by VirginiaBob
Fri Dec 19, 2014 8:02 pm
Forum: Investing - Theory, News & General
Topic: VTI went up, but VTSMX went down
Replies: 19
Views: 3270

VTI went up, but VTSMX went down

What gives? Any explanation?
by VirginiaBob
Wed Dec 17, 2014 4:13 pm
Forum: Personal Investments
Topic: Lending Club IPO
Replies: 9
Views: 1929

Re: Lending Club IPO

$27.90/share close today. My Fidelity account is now worth $6975, which started at $3750 last week.
by VirginiaBob
Tue Dec 16, 2014 2:19 pm
Forum: Investing - Theory, News & General
Topic: LendingClub Corporation Directed Share Program
Replies: 36
Views: 4889

Re: LendingClub Corporation Directed Share Program

Still holding. Raised my stop loss to $24 yesterday, locking in some profits. Current share price is north of $26.
by VirginiaBob
Tue Dec 16, 2014 2:17 pm
Forum: Personal Investments
Topic: Lending Club IPO
Replies: 9
Views: 1929

Re: Lending Club IPO

At the time of this writing, shares are $26.45, but volatile. Hit $27.79 yesterday, for over a $3,000 profit. Key dates for the stock as it moves forward: 15-DEC-2014 (yesterday): BTIG raises price target for LC from $19 to $31. 19-DEC-2014: LC gets added to Renaissance IPO ETF. Potentially can driv...
by VirginiaBob
Tue Dec 16, 2014 11:54 am
Forum: Personal Consumer Issues
Topic: WHY is retirement enjoyable / something to look forward to?
Replies: 237
Views: 27128

Re: WHY is retirement enjoyable / something to look forward

I kind of fit the opposite model of what you are describing. In my 20's, I was just starting out in my career, and I was very stressed trying to figure out how to do stuff that I knew very little information about. I wanted to retire right then. Now that I'm in my upper 30's with kids and a wife, ti...
by VirginiaBob
Tue Dec 16, 2014 11:42 am
Forum: Investing - Theory, News & General
Topic: [POLL] What Fixed Income Assets Do You Use?
Replies: 37
Views: 2952

Re: [POLL] What Fixed Income Assets Do You Use?

Pension and SS by themselves are more than my expenses. Other investments are just gravy.
by VirginiaBob
Mon Dec 15, 2014 3:09 pm
Forum: Investing - Theory, News & General
Topic: Odds of portfolio survival = 90%; odds of my survival = 0.1%
Replies: 171
Views: 15522

Re: Odds of portfolio survival = 90%; odds of my survival =

A lot of your chances of survival have to do with your family history. Does everyone in your family tend to live to 90-95 years old, with no history of cancer or heart disease? Then your odds of survival might be 50% instead of 0.1%. Does everyone in your family seem to kick the bucket at 70-75 yea...
by VirginiaBob
Mon Dec 15, 2014 2:53 pm
Forum: Personal Investments
Topic: Rollover Roth 401(k) to Roth IRA or TSP? Gut Check
Replies: 16
Views: 2268

Re: Rollover Roth 401(k) to Roth IRA or TSP? Gut Check

[OT comments removed by admin LadyGeek]
by VirginiaBob
Mon Dec 15, 2014 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Liability Insurance - Need it or not?
Replies: 49
Views: 7374

Re: Umbrella Liability Insurance - Need it or not?

A coworker of mine retired with a $1M umbrella policy. He was sued and lost $2.8M in the lawsuit which was exactly equal to his total liquid net worth + the umbrella policy. It appears that the lawyers from the other side knew exactly how much to go after.
by VirginiaBob
Mon Dec 15, 2014 2:41 pm
Forum: Investing - Theory, News & General
Topic: Odds of portfolio survival = 90%; odds of my survival = 0.1%
Replies: 171
Views: 15522

Re: Odds of portfolio survival = 90%; odds of my survival =

A lot of your chances of survival have to do with your family history. Does everyone in your family tend to live to 90-95 years old, with no history of cancer or heart disease? Then your odds of survival might be 50% instead of 0.1%. Does everyone in your family seem to kick the bucket at 70-75 year...
by VirginiaBob
Mon Dec 15, 2014 1:55 pm
Forum: Investing - Theory, News & General
Topic: Better Costs: ETFs or Admiral Shares?
Replies: 53
Views: 5748

Re: Better Costs: ETFs or Admiral Shares?

For the ETF's, you can lose a very small amount of money with bid-ask spreads, but with the mutual funds, you can also lose some money with selling from the fund and not being able to buy into the fund for 60 days (without the workaround of course). Basically a wash.
by VirginiaBob
Mon Dec 15, 2014 1:47 pm
Forum: Investing - Theory, News & General
Topic: Odds of portfolio survival = 90%; odds of my survival = 0.1%
Replies: 171
Views: 15522

Re: Odds of portfolio survival = 90%; odds of my survival =

I plan to live it up both now and after retirement, and in my 90's. Along with that, I plan to have my brain frozen so that I can be placed in control of a giant tripod spider robot with eye lasers, once these robots are inevitably invented. To be part of the war machines of the future is my goal. M...
by VirginiaBob
Mon Dec 15, 2014 9:24 am
Forum: Investing - Theory, News & General
Topic: 3-funds, annual rebalancing, and then what??
Replies: 17
Views: 1751

Re: 3-funds, annual rebalancing, and then what??

I check every week since I rebalance with weekly contributions versus selling and buying. If one fund is below my desired allocation, I buy more of that fund to get it up to the pre-planned percentages. Selling and buying, especially in taxable accounts, has costs.
by VirginiaBob
Mon Dec 15, 2014 9:14 am
Forum: Personal Consumer Issues
Topic: How do you figure out the best location to buy a house?
Replies: 40
Views: 4657

Re: How do you figure out the best location to buy a house?

Buying the cheapest functional house in a top school district is our criteria with newborn twins.
by VirginiaBob
Sun Dec 14, 2014 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy a House with Newborn On the Way!
Replies: 11
Views: 1882

Re: Rent or Buy a House with Newborn On the Way!

We were planning on buying a house about a 1-1/2 years ago (an upgrade to our current starter home) prior to thinking we were even having children. Then came the pregnancy test, then came the follow up which indicated it was twins. Now we could not even imagine doing the house search, keep the curre...
by VirginiaBob
Sun Dec 14, 2014 7:08 am
Forum: Personal Consumer Issues
Topic: Gift to Yourself
Replies: 37
Views: 6553

Re: Gift to Yourself

That Lending Club IPO was a pretty good unexpected gift.

Other than that, I really don't find myself wanting that much. Have a beautiful wife and 2 newborn twins, a house, 2 cars, food on the table, good health. Buying stuff is highly overrated.
by VirginiaBob
Fri Dec 12, 2014 8:22 pm
Forum: Investing - Theory, News & General
Topic: LendingClub Corporation Directed Share Program
Replies: 36
Views: 4889

Re: LendingClub Corporation Directed Share Program

I joined Lending Club in September just to try it out and threw in $3,000. Who knew I'd be sitting on 250 shares of the hottest new IPO with a current stop loss order to sell at $2,000 profit? One of the best short term financial decisions of my life.
by VirginiaBob
Thu Dec 11, 2014 2:17 pm
Forum: Investing - Theory, News & General
Topic: LendingClub Corporation Directed Share Program
Replies: 36
Views: 4889

Re: LendingClub Corporation Directed Share Program

I confirmed interest for 350 shares, but was only allocated 250 shares. Still have them with a stop loss order at $22.00/share, locking in $1750 in profits - expenses and taxes of course.
by VirginiaBob
Wed Dec 10, 2014 8:05 pm
Forum: Investing - Theory, News & General
Topic: LendingClub Corporation Directed Share Program
Replies: 36
Views: 4889

Re: LendingClub Corporation Directed Share Program

I think the reason to buy would be if you think that Lending Club will be the industry leader (P2P lending) for years to come. Also, many are banking on the typical 1st day IPO hype which ultimately drives up prices.
by VirginiaBob
Wed Dec 10, 2014 7:39 pm
Forum: Investing - Theory, News & General
Topic: LendingClub Corporation Directed Share Program
Replies: 36
Views: 4889

Re: LendingClub Corporation Directed Share Program

That is impossible since the allocation occurs after 5AM tomorrow. Here is the email received: "Dear Bob Smith, The registration statement for the initial public offering (IPO) of LendingClub Corporation, (“LendingClub”). common stock has been declared effective and the offering is priced at $15.00 ...
by VirginiaBob
Wed Dec 10, 2014 6:32 pm
Forum: Investing - Theory, News & General
Topic: LendingClub Corporation Directed Share Program
Replies: 36
Views: 4889

Re: LendingClub Corporation Directed Share Program

It appears it was oversubscribed, so many who indicated interest didn't actually get offered the shares.
by VirginiaBob
Tue Dec 09, 2014 9:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard ETF trading restriction question
Replies: 4
Views: 573

Re: Vanguard ETF trading restriction question

livesoft wrote:The operative word is that "and" as you noted. If that's a problem, then switch to another broker. Or use two brokers and make 25 buys-and-sells at Vanguard and another 50 someplace else.
That is what I was thinking that it is ok to buy as many times as you want, which is my concern really.
by VirginiaBob
Tue Dec 09, 2014 9:08 am
Forum: Investing - Theory, News & General
Topic: Vanguard ETF trading restriction question
Replies: 4
Views: 573

Vanguard ETF trading restriction question

Does someone have experience with this statement: "If you buy and sell the same Vanguard ETF in a Vanguard Brokerage account more than 25 times in a 12-month period, you may be restricted from purchasing that Vanguard ETF through your Vanguard Brokerage account for 60 days." I may be reading this to...
by VirginiaBob
Tue Dec 09, 2014 8:50 am
Forum: Personal Investments
Topic: I need to accumulate $30k over the next 2 years, how?
Replies: 59
Views: 5456

Re: I need to accumulate $30k over the next 2 years, how?

What is the surgery? Fertility type related? If so, I may have some tips and tricks.
by VirginiaBob
Tue Dec 09, 2014 8:45 am
Forum: Investing - Theory, News & General
Topic: Are ETFs a good addition to Roth IRA
Replies: 16
Views: 1971

Re: Are ETFs a good addition to Roth IRA

I like the ETF's for flexibility purposes. Not having to work around the mutual fund sell-buy-sell 60 day restrictions gives me a little more freedom (yes, there is a workaround). Also, if I just want to buy a small amount of a sector, small cap, or value ETF for some tilt, it is good to know that y...
by VirginiaBob
Tue Dec 09, 2014 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever been let go?
Replies: 74
Views: 8449

Re: Have you ever been let go?

Haven't been let go, but had a hard time getting my first real job. Job market was crappy and took me over a year. Now if I was let go, I don't even know if I would ever go back to work. I'd probably chalk it up as, "good thing I planned well so that I really don't need to work anyways".
by VirginiaBob
Tue Dec 09, 2014 8:16 am
Forum: Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 131
Views: 25155

Re: What to do with VGPMX (Vanguard Precious Metals and Mini

Sell low now so that I can buy from you. I like making money off the recency bias of others.
by VirginiaBob
Mon Dec 08, 2014 1:53 pm
Forum: Investing - Theory, News & General
Topic: 2014 Portfolio Returns
Replies: 25
Views: 3568

Re: 2014 Portfolio Returns

Whatever you said this morning, subtract a percent. :oops:
by VirginiaBob
Mon Dec 08, 2014 1:51 pm
Forum: Personal Consumer Issues
Topic: Where do you shop for groceries?
Replies: 97
Views: 19326

Re: Where do you shop for groceries?

Amazon/online for bulk nonperishables and perishables that last long - used to do Costco, but found that I can beat those prices online anytime. Dairy, produce - local grocery. Meats - local butcher every quarter for bulk purchase.
by VirginiaBob
Tue Dec 02, 2014 7:11 pm
Forum: Investing - Theory, News & General
Topic: LendingClub Corporation Directed Share Program
Replies: 36
Views: 4889

Re: LendingClub Corporation Directed Share Program

I expressed interest in 350 shares. I am curious if any others on here are doing the same.
by VirginiaBob
Tue Dec 02, 2014 3:56 pm
Forum: Personal Investments
Topic: Emergency Fund Threads
Replies: 10
Views: 1431

Re: Emergency Fund Threads

I kind of like seeing the same questions posed over and over again and the responses to further reinforce my knowledge.
by VirginiaBob
Tue Dec 02, 2014 3:55 pm
Forum: Investing - Theory, News & General
Topic: I need to stop looking at the market everyday!
Replies: 36
Views: 5309

Re: I need to stop looking at the market everyday!

I check every week on contribution day just to see what I should contribute to. I try to always rebalance through contributions rather than buying and selling funds and ETF's held.
by VirginiaBob
Tue Dec 02, 2014 3:49 pm
Forum: Personal Consumer Issues
Topic: tipping rubbish pickup people and letter carriers
Replies: 56
Views: 5495

Re: tipping rubbish pickup people and letter carriers

I don't like tipping anyone, but I do so when it is absolutely expected (restaurants, hair cuts, etc), but I'm not looking to expand my tipping to every possible service that I pay for. I agree with the above posters who stated that thier employers should be paying thier salaries directly.
by VirginiaBob
Tue Dec 02, 2014 9:12 am
Forum: Personal Finance (Not Investing)
Topic: How much homework is too much?
Replies: 14
Views: 1891

Re: How much homework is too much?

Don't bother with the homework, education in the future is already overrated. I see the following progression: 1970's-80's: Most people got decent paying jobs right out of high school with no student loan debt. Those who went to to college were special. 1990's: Everyone is required to get a bachelor...
by VirginiaBob
Wed Nov 26, 2014 7:26 pm
Forum: Personal Investments
Topic: Clash of the Titans: Traditional or Roth?
Replies: 12
Views: 1471

Re: Clash of the Titans: Traditional or Roth?

Even if tax rates increase, I vote for Roth, at least in my case. With kids (both extra deductions and tax credits), mortgage interest (will be paid off before retirement), my current tax rate is only a few percentage points of my total income. In retirement, I'll be earning a pension+ss. I'll have ...
by VirginiaBob
Wed Nov 26, 2014 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: I'd like to start managing OPM (other people's money)...
Replies: 15
Views: 2515

Re: I'd like to start managing OPM...

Therefore I am thinking that I'd like to start up a side business investing other people's money. OK, now I see what you mean when you write OPM. For many of us, OPM primarily stands for Office of Personnel Management. Victoria Same difference. Office of Personnel Management = Other People's Money.
by VirginiaBob
Wed Nov 26, 2014 4:26 pm
Forum: Investing - Theory, News & General
Topic: POLL: Attitude Towards Risk
Replies: 75
Views: 5633

Re: POLL: Attitude Towards Risk

I'd take put 50% of my money in A, and 50% in B and create a balanced portfolio.
by VirginiaBob
Tue Nov 25, 2014 1:50 pm
Forum: Personal Investments
Topic: Been out of market since 2008 and can't get back in
Replies: 52
Views: 6617

Re: Been out of market since 2008 and can't get back in

Depends on your goals. You state your salary is over a million bucks, but you are investing $50K per year. That is only <5%. Concentrate on getting that savings rate up, and go with a high bond, low equity allocation, based on your risk tolerance.
by VirginiaBob
Tue Nov 25, 2014 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend with a LOT of Student debt.
Replies: 166
Views: 20813

Re: Girlfriend with a LOT of Student debt.

Tell her to check into employers that have a student loan repayment program, where the employer makes the payments as an retention incentive.
by VirginiaBob
Tue Nov 25, 2014 9:47 am
Forum: Personal Consumer Issues
Topic: Dog food - how cheap is too cheap?
Replies: 64
Views: 11281

Re: Dog food - how cheap is too cheap?

Half a can of ALPO prime cuts and a large scoop of Gravy Train. About $20/month total.
by VirginiaBob
Tue Nov 25, 2014 9:37 am
Forum: Personal Consumer Issues
Topic: Carrying alternatives for phone, credit cards, money
Replies: 25
Views: 4059

Re: Carrying alternatives for phone, credit cards, money

I clip my phone holster to my belt on the right side and put my wallet in my left pocket. Keys go in right pocket. When in public, my left hand is always in my left pocket touching my wallet - I'm paranoid, but have never been pickpocketed using this approach. Also allows for ample opportunity for p...
by VirginiaBob
Tue Nov 25, 2014 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend with a LOT of Student debt.
Replies: 166
Views: 20813

Re: Girlfriend with a LOT of Student debt.

Does she potentially have rich family that can get rid of this debt or a coming inheritance? Just trying to think outside the box. How is that outside the box? Is running up 260k in debt magically ok if they get free money? I'd rather have no debt and get a windfall than 260k of mostly worthless de...
by VirginiaBob
Tue Nov 25, 2014 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Brother wants me to co-sign a house with him
Replies: 41
Views: 6562

Re: Brother wants me to co-sign a house with him

Sounds like a recipe for disaster. Avoid at all costs. If family needs money (although in this case that does not appear to be what is going on), make a choice to either gift it to them or not. No loans, no joint ventures, no promises to pay back, never, nope.
by VirginiaBob
Tue Nov 25, 2014 8:07 am
Forum: Personal Investments
Topic: Alternative Investments!
Replies: 6
Views: 1184

Re: Alternative Investments!

Lending club and Real Estate crowdfunding for some play money (say 1% of your portfolio at most).
by VirginiaBob
Tue Nov 25, 2014 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend with a LOT of Student debt.
Replies: 166
Views: 20813

Re: Girlfriend with a LOT of Student debt.

Does she potentially have rich family that can get rid of this debt or a coming inheritance? Just trying to think outside the box.
by VirginiaBob
Mon Nov 24, 2014 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage/Ins/Taxes as a % of income
Replies: 3
Views: 899

Re: Mortgage/Ins/Taxes as a % of income

The 28/36 rule would be the absolute maximum. But I'd shoot for 20/25 or less.