Search found 48 matches

by wbrianwhite
Wed May 16, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Microcap Stock Screener
Replies: 21
Views: 1634

Re: Microcap Stock Screener

Microcap is really the only area where broad outperformance is possible, because institutional money just really can't play there. The downside is spotty analysis and limited data.
by wbrianwhite
Wed May 16, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Microcap Stock Screener
Replies: 21
Views: 1634

Re: Microcap Stock Screener

I'd check out http://www.aaii.com, they have a model portfolio of microcap stocks and they review it regularly to add or remove based on screening guidelines. They run a real portfolio and have a long track record for it

I always thought it was interesting, but too much work for me.
by wbrianwhite
Sat May 05, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: Dividend Drag?
Replies: 22
Views: 1516

Re: Dividend Drag?

I have a philosophical favor for dividend investing. It's the original reason anyone invested at all and the worth of a stock was calculated as discounted future dividends. In my personal financial life I focus on total return investing. But I do worry that if eventually nobody pays dividends or se...
by wbrianwhite
Sat May 05, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: Dividend Drag?
Replies: 22
Views: 1516

Re: Dividend Drag?

I have a philosophical favor for dividend investing. It's the original reason anyone invested at all and the worth of a stock was calculated as discounted future dividends. In my personal financial life I focus on total return investing. But I do worry that if eventually nobody pays dividends or see...
by wbrianwhite
Sat May 05, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18174

Re: Ed. Jones rep didn't like our plan, now we're locked out

Since nobody mentioned it... Selling what seems like a really large amount of stock may incur significant tax implications. It may still make sense. But it may also make sense to break it up into different years or think through the total benefit expected from the move to funds.
by wbrianwhite
Fri Mar 02, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 77
Views: 7596

Re: AAPL, AMZN, or GOOG?

If I were an individual stock investor, I'd be buying up Elon Musk's companies. Let's revolutionize getting to space, using the internet, traveling on the earth, and using solar. How many industries is that? Seems to have a real talent for defining new markets
by wbrianwhite
Wed Dec 27, 2017 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $600-650k house?
Replies: 60
Views: 7583

Re: Can I afford a $600-650k house?

OT - don't move to the DC area, it's hell. Don't move to Nova, it's Satan's bunghole. The only compelling reason to live there is if you have a job you can only do there (forensic accountancy or similar). Too many people, not enough ways for them to get around. Real estate market there is solid thou...
by wbrianwhite
Wed Dec 27, 2017 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell my stock?
Replies: 14
Views: 1658

Re: Should I sell my stock?

Nobody ever went broke by taking gainsgains
by wbrianwhite
Wed Dec 27, 2017 3:26 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 98
Views: 15200

Re: Just not getting it [Stock Picking versus TSM]

If you're really interested in this, I'd suggest joining the American Institution of Individual Investors. They have a "shadow" stock portfolio, as in stocks in the shadow of wall street. It's a pure micro cap portfolio. Because it's micro cap, professional money managers can't buy any of these stoc...
by wbrianwhite
Sun Dec 24, 2017 8:32 pm
Forum: Investing - Theory, News & General
Topic: What's in a name? "Long Island Iced Tea Corp." changes name to "Long Blockchain Corp.", stock price jumps 500%
Replies: 24
Views: 3728

Re: What's in a name? "Long Island Iced Tea Corp." changes name to "Long Blockchain Corp.", stock price jumps 500%

I totally get this.

Steps
1 - drink long island iced teas
2 - put out a hilarious press release saying you're getting into Bitcoin.
3 - ???
4 - profit!
by wbrianwhite
Sat Dec 02, 2017 1:57 pm
Forum: Investing - Theory, News & General
Topic: BH philosophy on restricted stock units and employee stock purchase program?
Replies: 27
Views: 1725

Re: BH philosophy on restricted stock units and employee stock purchase program?

I've almost always sold RSUs as soon as they vest. I've seen others hold on to them and make significant money. But it's a concentrated bet, so I don't do it. I do do they espp at my company, because they give 40%. I sell them as soon as I have a chunk ready, twice a year because there's a transacti...
by wbrianwhite
Mon Jul 31, 2017 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Tesla - next big lottery ticket ?
Replies: 179
Views: 21054

Re: Tesla - next big lottery ticket ?

Always loved DEC since starting my career banging on PDP-11's, I still name variables foo from the indoctrination. ... then there was Sun microsystems, also a fine corporation in its heydey. Even very profitable, inventive, seemingly well run corporations can have a surprisingly short lifetime. I a...
by wbrianwhite
Mon Jul 31, 2017 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Newbie question about my stock in Amazon...
Replies: 51
Views: 5935

Re: Newbie question about my stock in Amazon...

Haha yeah... I ended up selling half the stock I owned at $1020 for a profit and of course it got all the way up to $1080 so that sucked I sold early (who knew). However looks like it was short lived because as I'm sure you all know the stock kept tumbling down after Q2 earnings. Either way it was ...
by wbrianwhite
Mon Jul 31, 2017 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Newbie question about my stock in Amazon...
Replies: 51
Views: 5935

Re: Newbie question about my stock in Amazon...

I can't believe the amount of people who have responded here, I had a feeling I would get flamed for being a newbie (and in some ways I did), but the great advice I've gotten from the majority of you has helped me greatly words cannot explain. I appreciate the words of encouragement and the words o...
by wbrianwhite
Mon Jul 31, 2017 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Newbie question about my stock in Amazon...
Replies: 51
Views: 5935

Re: Newbie question about my stock in Amazon...

I think owning a few shares of Amazon will provide Zeusy Zeus a lot of benefits beyond an incentive to learn about stocks and stock markets. Almost all investors have to learn to be okay with the value of their investments fluctuating over time and watching Amazon will provide that experience in a ...
by wbrianwhite
Fri Jan 06, 2017 2:20 am
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 247
Views: 38570

Re: 2017 hedge fund contest

Dartboard Fund

Long
AVHI - AV Homes Inc.
SENEA - Seneca Foods Corp

Short
BKS - Barnes & Noble
SHAK - Shake Shack
by wbrianwhite
Sat Apr 30, 2016 10:36 am
Forum: Investing - Theory, News & General
Topic: dividend stocks
Replies: 175
Views: 14062

Re: dividend stocks

I get all the academic research about total return, and I follow it with my nose held, because it works. But to me there is a bedrock fundamental that the only valid reason to hold stocks in general is that they should pay you dividends. There is no fundamental inherent value to owning a stock other...
by wbrianwhite
Sun Mar 13, 2016 10:04 am
Forum: Investing - Theory, News & General
Topic: Less is more [Vanguard blog - 2% economic growth prediction]
Replies: 41
Views: 6322

Re: Less is more

First point - this only applies to developed economies, and differently to each of them. The US demographic shift is less severe than Japan's for instance. And even in economies like Germany, well they may get an infusion of a half million younger immigrants unexpectedly. Second point - at some poin...
by wbrianwhite
Sun Mar 06, 2016 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Is the benefit of paying credit card interest is just to get the item NOW instead of later?
Replies: 24
Views: 2246

Re: Is the benefit of paying credit card interest is just to get the item NOW instead of later?

Sure. It's not like it's all irresponsible consumerism, though. A lot of people do live paycheck-to-paycheck or not far from it, and a financial shock like an unexpected medical complication or vehicle breaking down is all it takes to burn through liquid assets, whereupon credit has to be tapped at...
by wbrianwhite
Thu Mar 03, 2016 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Liquidating RSUs
Replies: 46
Views: 4942

Re: Liquidating RSUs

Make sure you don't spend it all until after you're done with taxes the next year. I ended up owing a ton last year due to RSUs vesting, despite a portion being sold by the company to cover taxes.
by wbrianwhite
Mon Feb 29, 2016 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Average Retirement Income 2016
Replies: 32
Views: 7533

Re: Average Retirement Income 2016

I'd very much prefer to see better data, as it's difficult to gauge the reliability of these figures. Still, I tend to agree with the general sentiment behind the assessment. Pensions brought stability to the middle class, and most people aren't capable of adequately saving and planning for retirem...
by wbrianwhite
Mon Feb 22, 2016 1:01 am
Forum: Personal Consumer Issues
Topic: Don't understand nutrition and exercise
Replies: 340
Views: 36025

Re: Don't understand nutrition and exercise

If you don't like your exercise routine you're less likely to stick to it. Find one you like. Check out some of the streaming options, Amazon or Daily Burn. If you're doing weights, do an actual program, like New Rules for Lifting, where you change it up once you've made all your adaptations.
by wbrianwhite
Mon Feb 22, 2016 12:58 am
Forum: Personal Consumer Issues
Topic: Don't understand nutrition and exercise
Replies: 340
Views: 36025

Re: Don't understand nutrition and exercise

Ari wrote: Bunk. Everyone knows. It's not complicated. Don't eat lots of fatty...
Nothing wrong with healthy fats - nuts, avocados, fatty fish like salmon etc. If you cut fats, what do you replace it with? Carbs or protein are the only options. Adding fat to carbs lowers the glycemic index significantly.
by wbrianwhite
Fri Feb 05, 2016 10:18 am
Forum: Personal Finance (Not Investing)
Topic: What should I do (highish earner now, rainy day may come)
Replies: 5
Views: 924

Re: What should I do (highish earner now, rainy day may come)

You increase bond allocation to reduce volatility. That doesn't seem to be what you're after. If your timeline for needing the money is two years you need it someplace rock solid - CDs, very short term bonds. You might want to take a page from planning for retirees and put your money in buckets. You...
by wbrianwhite
Thu Feb 04, 2016 10:16 pm
Forum: Investing - Theory, News & General
Topic: If SS covers expenses why invest?
Replies: 64
Views: 6204

Re: If SS covers expenses why invest?

KlangFool wrote: Now, as to why others are so optimistic that they can be fully employed until FRA, I have no idea?

KlangFool
It's more that I'm pessimistic about ever being able to stop working.
by wbrianwhite
Thu Oct 29, 2015 9:28 am
Forum: Investing - Theory, News & General
Topic: "A Look at Vanguard's Robo-Advisor"
Replies: 36
Views: 8190

Re: "A Look at Vanguard's Robo-Advisor"

Posting in the Bogleheads Forum is talking to a computer, no? Victoria No, no, no. Talking to people through a computer. :) How would you know if Victoria is a person or a computer? Turing test? My grandmother Eliza has passed the test. Victoria And I think you would pass it as well. :) We've all f...
by wbrianwhite
Sun Oct 25, 2015 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Firecalc and success with higher % stock
Replies: 19
Views: 2428

Re: Firecalc and success with higher % stock

As for SS, the actuaries in the government allow higher amounts if you start later with the goal being the same lifetime amount of benefits. Starting later is good longevity insurance, but for average lifetime calculations it should be a wash by design.
by wbrianwhite
Sun Oct 25, 2015 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Firecalc and success with higher % stock
Replies: 19
Views: 2428

Re: Firecalc and success with higher % stock

The AAII magazine has covered the idea of low initial stock allocation at time of retirement that rises over the years in retirement several times recently. The math apparently works out for this idea. The low initial rate is to prevent large losses at the beginning of you happen to retire in a bad ...
by wbrianwhite
Sat Sep 05, 2015 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for RMDs [Required Minimum Distributions]
Replies: 57
Views: 9799

Re: Strategies for RMDs

Isn't this basically the same as the arguments for and against dollar coat averaging when acquiring stocks and bonds, just on the other side? Were you a dollar cost averaged during your accumulation phase? Did you put money in the market as soon as you had it available? Did you try to time the marke...
by wbrianwhite
Mon Aug 31, 2015 10:52 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness - How Can a Strategy Still Work If Everyone Knows About It?
Replies: 116
Views: 10269

Re: AQR/Asness - How Can a Strategy Still Work If Everyone Knows About It?

How can a strategy still work if everyone knows about it? AAII focuses on the micro cap market where institutional investors are de facto forced not to participate, and focus on strategies that favor long term individual investors over high turnover institutions. Seemed quite sound. Also seemed like...
by wbrianwhite
Fri Aug 07, 2015 2:19 am
Forum: Investing - Theory, News & General
Topic: The folly of the dividend yield
Replies: 73
Views: 7772

Re: The folly of the dividend yield

Dividends happen to be a nice way of dollar cost averaging and a source of income at a reduced tax burden in the drawdown years. Can you please explain that? How do dividends reduce taxes? (As opposed to, say, long term capital gains?) L. Goes with the preservation of capital from the previous sent...
by wbrianwhite
Fri Aug 07, 2015 2:07 am
Forum: Investing - Theory, News & General
Topic: The folly of the dividend yield
Replies: 73
Views: 7772

Re: The folly of the dividend yield

Ah, the boglhead crusade against dividends continues. So misguided and an utter waste of energy. I would offer that some here go back to investing 101 and relearn a few things. Companies have earnings, some companies choose to share those earnings with the company owners and pay a dividend. The end...
by wbrianwhite
Fri Aug 07, 2015 2:02 am
Forum: Investing - Theory, News & General
Topic: The folly of the dividend yield
Replies: 73
Views: 7772

Re: The folly of the dividend yield

Ah, the boglhead crusade against dividends continues. So misguided and an utter waste of energy. I would offer that some here go back to investing 101 and relearn a few things. Companies have earnings, some companies choose to share those earnings with the company owners and pay a dividend. The end...
by wbrianwhite
Fri Aug 07, 2015 1:49 am
Forum: Investing - Theory, News & General
Topic: The folly of the dividend yield
Replies: 73
Views: 7772

Re: The folly of the dividend yield

So this is a thought experiment to help us understand why "dividend yield" can often be a very misleading and completely irrelevant number. Let's imagine an idealized company that consists of $100million in cash. There are zero company expenses, and the company has no activity it partakes in. It si...
by wbrianwhite
Fri Aug 07, 2015 1:40 am
Forum: Investing - Theory, News & General
Topic: The folly of the dividend yield
Replies: 73
Views: 7772

Re: The folly of the dividend yield

I prefer that companies pay a dividend rather than using excess cash for junkets to the Bahamas for their management team. Do you prefer they return money to investors using dividends over returning money to investors through stock buybacks, though? All else being equal. I prefer stock buyback in t...
by wbrianwhite
Fri Aug 07, 2015 1:24 am
Forum: Investing - Theory, News & General
Topic: The folly of the dividend yield
Replies: 73
Views: 7772

Re: The folly of the dividend yield

The dividend is how you originally made money from stocks. The assumption that you buy a stock in order to later sell it is new-ish. Why is anyone willing to buy the stock from you at a higher price? What do they get out of it? . The classical way of determining a stock's value is the dividend disco...
by wbrianwhite
Fri Jul 31, 2015 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Who are you able to share good financial news with?
Replies: 103
Views: 11551

Re: Who are you able to share good financial news with?

Nobody but your spouse. I was in an amazing financial situation last year, and I really couldn't talk to anyone about it. Frustrating really
by wbrianwhite
Tue Jul 28, 2015 9:59 pm
Forum: Investing - Theory, News & General
Topic: The Danger of higher-yielding bond funds
Replies: 62
Views: 6095

Re: The Danger of higher-yielding bond funds

.... The point is that you want safety in some part of your portfolio, when the rest of it's going to heck in a handbasket. http://i62.tinypic.com/2rcwnll.jpg Why? That's a behavioral finance argument, and one that Bogle makes. But as long as you're far away from retirement a drop in bond fund pric...
by wbrianwhite
Sat May 30, 2015 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Why reinvest dividends?
Replies: 13
Views: 2727

Re: Why reinvest dividends?

Why not just buy at lower prices assumes you can successfully time the market. Nobody predicted this long of a bull market and someone who decided to park money in cash two years ago waiting for a correction would still be sitting on it having earned nominal 0 return
by wbrianwhite
Fri May 22, 2015 4:00 am
Forum: Investing - Theory, News & General
Topic: Vanguard implements 20 character passwords
Replies: 69
Views: 13301

Re: Vanguard implements 20 character passwords

Well, they aren't (yet) accepting correcthorsebatterystaple as a password, but it's still a step in the right direction. This is great news; thanks for letting me know. I'm still going to [complain - admin LadyGeek] . It's a partial fix when the full fix (going to 100+ characters) had almost exactl...
by wbrianwhite
Sat May 09, 2015 10:35 am
Forum: Personal Consumer Issues
Topic: Save $$$ On Razor Blades
Replies: 29
Views: 5034

Re: Save $$$ On Razor Blades

SpringMan wrote:I switched to Harry's. Their Truman set is $15 dollars and you can save $5 by using a promotion code from TWIT TV. It includes razor, 3 blades, and choice of shaving foam or cream.
https://www.harrys.com/
Another twit.TV boglehead fan :)
by wbrianwhite
Wed Feb 11, 2015 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: How to deal with ESPP/RSUs in portfolio, and other questions
Replies: 6
Views: 1734

Re: How to deal with ESPP/RSUs in portfolio, and other quest

When I got RSUs the plan administrator withheld the estimated taxes by selling a portion of the RSU and withholding that to cover the taxes. . After that, when I sold the only thing I had to pay for was the increase in their price per share over the day that they vested. I've only experienced it at ...
by wbrianwhite
Sat Jan 17, 2015 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Late-to-the-gate -- need some guidance
Replies: 10
Views: 1804

Re: Late-to-the-gate -- need some guidance

Elsbern, read the 3 fund portfolio post viewtopic.php?f=10&t=88005 as a starting point for a boglehead approach to investing.
by wbrianwhite
Mon Jan 12, 2015 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Is fidelity good for Roth IRA? Should I switch to vanguard?
Replies: 11
Views: 1505

Re: Is fidelity good for Roth IRA? Should I switch to vangu

I just started the process of moving my Fidelity Roth IRA to Vanguard last week. You need to mail in a paper form, the online fill out just pre-populates fields on the pdf you print out and sign. After they get the letter they ask Fidelity to liquidate the assets, which they say may take 3-4 weeks. ...
by wbrianwhite
Sun Dec 21, 2014 6:19 am
Forum: Investing - Theory, News & General
Topic: Please debunk this CNN Money article on dividend investing
Replies: 42
Views: 6319

Re: Please debunk this CNN Money article on dividend investi

All the discussion here is very level headed and practical. But if taken to its logical conclusion and all companies stopped paying dividends, why would any person every buy one? The promise of eventual dividend payments is the only fundamental reason to value a stock above 0. incorrect. the cash i...
by wbrianwhite
Sat Dec 20, 2014 9:55 pm
Forum: Investing - Theory, News & General
Topic: Please debunk this CNN Money article on dividend investing
Replies: 42
Views: 6319

Re: Please debunk this CNN Money article on dividend investi

All the discussion here is very level headed and practical. But if taken to its logical conclusion and all companies stopped paying dividends, why would any person every buy one? The promise of eventual dividend payments is the only fundamental reason to value a stock above 0.
by wbrianwhite
Fri Dec 19, 2014 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Why a Boglehead doesn't invest in individual companies?
Replies: 142
Views: 20968

Re: Why a Boglehead doesn't invest in individual companies?

I just had to dig up the info on where the model shadow stock portfolio was: http://www.aaii.com/model-portfolios/st ... al-returns. Risky yes, it's micro stock, but it has a long track record.
by wbrianwhite
Fri Dec 19, 2014 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Why a Boglehead doesn't invest in individual companies?
Replies: 142
Views: 20968

Re: Why a Boglehead doesn't invest in individual companies?

If you're interested in picking individual stocks, don't just pick a few random looking large caps with a slant toward consumer staples. The American Association of Individual Investors is a good resource. It's something like $29 to sign up for a year. They run a model shadow stock portfolio (in the...