Search found 2112 matches

by sperry8
Thu Jul 09, 2020 1:57 am
Forum: Personal Finance (Not Investing)
Topic: Move from Bay Area?
Replies: 31
Views: 2847

Re: Move from Bay Area?

We are looking to start a family and while we have established great friends/family/connections in the Bay Area, we no longer see the value of living directly in this area. We are contemplating exploring elsewhere in Northern California and wanted to see if there are any "hidden gems" you would sug...
by sperry8
Sat Jul 04, 2020 12:34 am
Forum: Personal Consumer Issues
Topic: Buying house without realtors
Replies: 83
Views: 4750

Re: Buying house without realtors

The main purpose of the realtor is to match a buyer and seller. If you've already done that part than there is little value add for the realtor. You should use a real estate attorney. Exactly. You will need to have an attorney to write up the contract, a title company to ensure no debts/liens again...
by sperry8
Thu Jul 02, 2020 11:48 am
Forum: Personal Investments
Topic: Alternative to Schwab settlement fund
Replies: 14
Views: 1266

Re: Alternative to Schwab settlement fund

For 6 months, could try fdic insured upto 250k high-yield savings a/c. https://www.bankrate.com/banking/savings/rates/ shows 1.25% for few banks if you sort by APY. Risk free. Yes, but I need to keep the money in Schwab (it's there because of their $2,500 transfer in promo). Some monies are now in ...
by sperry8
Wed Jul 01, 2020 11:30 pm
Forum: Personal Investments
Topic: Alternative to Schwab settlement fund
Replies: 14
Views: 1266

Re: Alternative to Schwab settlement fund

SWVXX yields .14% now (with waivers). Probably not worth the bother, but any other ultra short term fund better for 6 mos of emergency cash? Some people like the risk/return of ICSH, though you truly do get more of both. Thanks .78% yield for 6 mos... with slight NAV risk. Not worth the pennies. Bu...
by sperry8
Wed Jul 01, 2020 11:27 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2168
Views: 378890

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

does anyone here hold DFA funds (without an advisor)?? I have some funds that are no longer being managed by an advisor and would love to get a transfer bonus however I cannot find a brokerage that will accept the transfer of DFA funds w/o an advisor attached... Did you ever find a brokerage house ...
by sperry8
Wed Jul 01, 2020 11:24 pm
Forum: Personal Investments
Topic: Brokerage account bonuses, should I take up these promotions ??
Replies: 12
Views: 1128

Re: Brokerage account bonuses, should I take up these promotions ??

I take advantage of these bonuses all the time. I used to get the 100,000 airline miles every year from Fidelity when they used to offer them. Just transferred in-kind funds from VG to Fido and got 100,000 miles. A year later, did it again. And again. When Fido stopped the offer, I moved the funds b...
by sperry8
Wed Jul 01, 2020 11:18 pm
Forum: Personal Investments
Topic: Alternative to Schwab settlement fund
Replies: 14
Views: 1266

Re: Alternative to Schwab settlement fund

SWVXX yields .14% now (with waivers). Probably not worth the bother, but any other ultra short term fund better for 6 mos of emergency cash?
by sperry8
Tue Jun 30, 2020 11:55 am
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 352
Views: 18218

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

As I write this post, Vanguard's total-market ex-US fund VTIAX/VXUS is trading below its price of 9.5 years ago. In the same timeframe, Vanguard's total US market VTSAX/VTI nearly tripled in price, even after the recent hit of COVID-19. Somebody pointed this out already, but worth emphasizing: you ...
by sperry8
Sat Jun 20, 2020 11:48 am
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15668

Re: Ditching International

MFJ, 12% tax bracket, retired. Our taxable holdings consist of: 68% total U.S.stock index (VTSAX) $399,560 32% total international stock (VTIAX) $184,115 I'm ready to exchange VTIAX for more VTSAX due to international's lackluster performance. (I regret letting the Vanguard PAS talk us into investi...
by sperry8
Wed Jun 17, 2020 11:56 am
Forum: Personal Investments
Topic: USAA to Charles Schwab - not happy
Replies: 43
Views: 3448

Re: USAA to Charles Schwab - not happy

I had a Roth IRA at USAA. My Roth is only one fund - FIDELITY 500 INDEX FD (FXAIX). I chose this fund because its expense ratio is 0.015 percent. I've been contributing the max of $500 a month. My Roth was recently moved to Charles Schwab when USAA sold its investment company to Schwab. With the mo...
by sperry8
Wed Jun 17, 2020 11:53 am
Forum: Investing - Theory, News & General
Topic: Is Stock Market becoming Casino ?
Replies: 42
Views: 3763

Re: Is Stock Market becoming Casino ?

I'm not sure how this thread is actionable, so likely get closed soon. Anyway, to those who think it's a casino, ponzi scheme, etc. then you must believe that it has been since inception. Because it has returned ~10%, on average, since then. Find me a casino that does that and I'll be first in line....
by sperry8
Fri Jun 12, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: Morningstar charts don't agree with performance stats - can anyone explain?
Replies: 4
Views: 292

Re: Morningstar charts don't agree with performance stats - can anyone explain?

Morningstar CS confirmed "The Growth of 10k charts for open-end funds do include dividends, whereas the growth of 10k charts for ETFs do not include dividends at this time."

Unreal. At the very least they should place an asterisk on these interactive charts so we know what we're looking at.
by sperry8
Thu Jun 11, 2020 11:20 am
Forum: Investing - Theory, News & General
Topic: Morningstar charts don't agree with performance stats - can anyone explain?
Replies: 4
Views: 292

Re: Morningstar charts don't agree with performance stats - can anyone explain?

I'm not sure that current Morningstar charts of ETFs do include dividend reinvestment. I'm still struggling with their new charts, which I loathe, and dread the day when the old charts actually become unavailable. Here's what the old chart looks like. I'm too lazy to dig further, but you can click ...
by sperry8
Thu Jun 11, 2020 10:07 am
Forum: Investing - Theory, News & General
Topic: Morningstar charts don't agree with performance stats - can anyone explain?
Replies: 4
Views: 292

Morningstar charts don't agree with performance stats - can anyone explain?

Hello all, I am comparing two funds on Morningstar. VINEX (Vanguard International Explorer) And SCZ (iShares MSCI EAFE Small-Cap ETF). https://www.morningstar.com/funds/xnas/vinex/performance https://www.morningstar.com/etfs/xnas/scz/performance When you go to the returns on the performance pages of...
by sperry8
Wed Jun 10, 2020 11:37 am
Forum: Investing - Theory, News & General
Topic: You have a second chance to reduce your stock holdIng
Replies: 109
Views: 11483

Re: You have a second chance to reduce your stock holdIng

this chart below says it all...intrayear declines happen every year. And they are on average -14% (so half the time intrayear declines are more than 14% and the other half less than 14%). So you should always be prepared for declines in the stock market, because they happen regularly. That being sa...
by sperry8
Wed Jun 10, 2020 11:29 am
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (May 2020)
Replies: 14
Views: 1223

Re: madsinger monthly report (May 2020)

Hi Madsinger, Is the Hot Hands portfolio the strategy the Dan Wiener uses (or used to employ) in his newsletter: sticking with the current best performing Vanguard fund until that fund is outperformed by another and then switching to that one on an annual basis and so on and so on……..? If so, it’s ...
by sperry8
Sun May 24, 2020 10:35 am
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 73
Views: 7829

Re: Hertz is declaring bankruptcy

I actually have a Hertz rental right now. And future reservations. OP people tend to conflate bankruptcy with liquidation. While it is not impossible Hertz is ultimately liquidated, it is unlikely. While Hertz was laden with debt, it was supportable and there was demand for it as late as Nov 2019. I...
by sperry8
Thu May 21, 2020 12:37 pm
Forum: Personal Investments
Topic: Does Capital one send emails when their interest rate decreases?
Replies: 29
Views: 1544

Re: Does Capital one send emails when their interest rate decreases?

I'm not aware of any banks that notify account holders when interest rates drop. Cap. One recently dropped from 1.5% to 1.3% APY on their Performance Savings account (within the last week or days, I think). HSBC Direct sends emails for rate drops. So does Marcus by Goldman. I'm pretty sure Ally Ban...
by sperry8
Thu May 21, 2020 12:35 pm
Forum: Personal Investments
Topic: Sold some stock on new highs today!
Replies: 23
Views: 2421

Re: Guys, I got out! (sold equities)

There is no difference between 56/44 and 60/40. If you truly decided to change you allocation to be more conservative, that is a good move. So taking you at your word, I think you did the right thing. You don't have a plan to change again based on market conditions do you? I don't understand this i...
by sperry8
Thu May 21, 2020 12:32 pm
Forum: Personal Investments
Topic: Alternatives to Money Market Funds for Cash Reserves
Replies: 3
Views: 736

Re: Alternatives to Money Market Funds for Cash Reserves

Why have any risk when banks are paying guaranteed 1.25% or higher for online savings accounts? (Unless you have way over the FDIC insured limits and don't want to hassle with splitting up accounts?) Because Ultra Short yields about 1.9%. And if you can hold it for duration (~9 mos) you'll get that...
by sperry8
Thu May 21, 2020 12:29 pm
Forum: Personal Consumer Issues
Topic: Can I afford to buy an expensive guitar?
Replies: 34
Views: 1415

Re: Can I afford to buy an expensive guitar?

I play. Make sure you've played it in the store and get the feeling and sound you want. Guitars are very personal... playability and sound are unique to you. If you love it, go for it. But hey, why not negotiate? Sales are down everywhere, and I'm sure the used guitar market is no exception. Offer $...
by sperry8
Thu May 21, 2020 12:17 pm
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11794

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

I have read some variant of this thread many, many times, but here goes. I went all cash in my retirement plans (401a,403b,457b) based on Tepper's call last Wed, that the market is the most overvalued he's ever seen except in 1999. His arguments made a lot of sense (also the bearish sentiments of D...
by sperry8
Fri Apr 17, 2020 5:04 pm
Forum: Investing - Theory, News & General
Topic: Personal SWR rate history (a guide and discussion)
Replies: 3
Views: 507

Re: Personal SWR rate history (a guide and discussion)

It appears you are using a variable rate. The premise of the SWR, is usually setting a fixed dollar (with possibly inflation adjustment) amount withdrawal. The % rate is really only used to show what the initial dollar amount is compared to the rest of the portfolio, and to test the failure rate if...
by sperry8
Fri Apr 17, 2020 9:46 am
Forum: Investing - Theory, News & General
Topic: Personal SWR rate history (a guide and discussion)
Replies: 3
Views: 507

Personal SWR rate history (a guide and discussion)

I've been here many years and read many discussions on the topic of a proper SWR. I thought adding my personal experience since retirement would help some identify a potential SWR and perhaps others will share their own actual experiences. If you want studies you can read the myriad threads on BH li...
by sperry8
Thu Apr 09, 2020 10:04 am
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32642

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

A fellow on CNBC (don't crucify me... it seemed to make sense) said~: When P/E's are at 15 then you are buying the future 15 years of earnings at today's price. If we have 3 quarters of 0 earnings that's 5% of the earnings wiped away. Earnings can also fall below 0. All businesses have fixed costs ...
by sperry8
Wed Apr 08, 2020 3:46 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32642

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

A fellow on CNBC (don't crucify me... it seemed to make sense) said~: When P/E's are at 15 then you are buying the future 15 years of earnings at today's price. If we have 3 quarters of 0 earnings that's 5% of the earnings wiped away. Assuming this is true, then it would appear to me that a 34% dro...
by sperry8
Wed Apr 08, 2020 3:22 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32642

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

A fellow on CNBC (don't crucify me... it seemed to make sense) said~: When P/E's are at 15 then you are buying the future 15 years of earnings at today's price. If we have 3 quarters of 0 earnings that's 5% of the earnings wiped away. Assuming this is true, then it would appear to me that a 34% drop...
by sperry8
Wed Apr 08, 2020 10:57 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1087
Views: 121810

Re: [Fidelity Health Savings Account Mega-Thread]

Some have transaction fees, but there are many NTF mutual funds at Fidelity. Where do I find a list of these NTF funds? Is this the total list available? https://www.bogleheads.org/wiki/Fidelity I'd just use Fidelity's MF screener, with the NTF box checked: https://www.fidelity.com/fund-screener/re...
by sperry8
Wed Apr 08, 2020 10:56 am
Forum: Personal Finance (Not Investing)
Topic: How can a few select banks offer above-market yields?
Replies: 35
Views: 2605

Re: How can a few select banks offer above-market yields?

Interesting choice of words. Perhaps consider... would you like to spend a few minutes of your time to earn money every few months? For myself, no. The time spent would not justify the marginal benefit. Find a good rate, open the account, transfer the money across, close the old account. This for a...
by sperry8
Wed Apr 08, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1087
Views: 121810

Re: [Fidelity Health Savings Account Mega-Thread]

jeffyscott wrote:
Mon Mar 23, 2020 1:00 pm
Some have transaction fees, but there are many NTF mutual funds at Fidelity.
Where do I find a list of these NTF funds?

Is this the total list available? https://www.bogleheads.org/wiki/Fidelity
by sperry8
Wed Apr 08, 2020 8:22 am
Forum: Personal Finance (Not Investing)
Topic: How can a few select banks offer above-market yields?
Replies: 35
Views: 2605

Re: How can a few select banks offer above-market yields?

I know a thing about how banks set their rates. It sounds like they are desperate for cash, and are willing to pay for it through the nose. This may be good for you and bad for the bank shareholders. Is it FDIC insured? What are the conditions? Do you want to shop for new rates ever few months? Int...
by sperry8
Tue Apr 07, 2020 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)
Replies: 40
Views: 2404

Re: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)

If you are living 35 miles east of Brooklyn... you're in Plainview, Bellmore, Farmingdale,... something like that. You are not living in NYC... and you're going to hate it. I'd either live in the city and commute to work (assuming the office is near the LIRR) but if not then I wouldn't even consider...
by sperry8
Tue Apr 07, 2020 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)
Replies: 40
Views: 2404

Re: Fellow BH new yorkers, is moving to NY worth it ? (Covid issues aside)

NY for sure. Of course I was born and raised there so I'm biased. Winters are tough (but not as tough as when I was a kid). But NYC experience is totally worth it imo. No place like it in the world (which I think is a good thing). Resilient city, so it should return to normal post Covid-19 experienc...
by sperry8
Sun Apr 05, 2020 11:34 pm
Forum: Personal Consumer Issues
Topic: Phone number & email compromised on dark web
Replies: 23
Views: 1401

Re: Phone number & email compromised on dark web

My email of 20+ years is all over the dark web due to several breaches. Now it is inundated with spam because the spam filter of the cable company domain sucks. This is what I'm doing. Created several new email addresses- and not with the cable company as domain. - one email for investment institut...
by sperry8
Sun Apr 05, 2020 10:05 am
Forum: Personal Consumer Issues
Topic: How are you exercising with gym closures
Replies: 111
Views: 6010

Re: How are you exercising with gym closures

hirlaw wrote:
Fri Apr 03, 2020 9:52 pm
In addition to walking, I have a set of resistance bands that have done a pretty good job of replicating my gym workout.
+1. And I add in free weights and body weight exercise. Resistance bands are underrated. You can also do eccentric exercise and ISOs with them (to build strength).
by sperry8
Sat Apr 04, 2020 8:37 am
Forum: Investing - Theory, News & General
Topic: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?
Replies: 97
Views: 4211

Re: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?

fredflinstone wrote:
Sat Apr 04, 2020 6:20 am
sperry8 wrote:
Fri Apr 03, 2020 10:55 pm
Stormbringer wrote:
Fri Apr 03, 2020 8:13 pm
Gotta go with AAPL.
Exactly. Or Microsoft or Amazon
Microsoft is up a little more than 3-fold since 2000 (not including dividends). Gold is up 5-fold.
Include dividend reinvestments and then get back to me on that data
by sperry8
Sat Apr 04, 2020 8:37 am
Forum: Personal Investments
Topic: Should I sell stock where I still have gains
Replies: 14
Views: 1244

Re: Should I sell stock where I still have gains

Should I sell the stocks where I am still in gains. I recently did Tax loss harvesting and have carry forward losses. should I sell the stocks where I still have gains and buy them back to convert unrealized gains to realized Does it make any sense to sell and buy them back just to realize the gain...
by sperry8
Fri Apr 03, 2020 10:59 pm
Forum: Personal Investments
Topic: Should I sell stock where I still have gains
Replies: 14
Views: 1244

Re: Should I sell stock where I still have gains

Should I sell the stocks where I am still in gains. I recently did Tax loss harvesting and have carry forward losses. should I sell the stocks where I still have gains and buy them back to convert unrealized gains to realized Does it make any sense to sell and buy them back just to realize the gain...
by sperry8
Fri Apr 03, 2020 10:53 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38066

Re: Lets predict the bottom of this dip/recession

It'll be when Warren Buffett starts talking again. I was thinking this too. He said he's not commenting on this until his annual meeting first week in May. And he sold some airline shares at a loss to get under 10% (and now doesn't have to telegraph his moves - which I can only imagine means he wil...
by sperry8
Thu Apr 02, 2020 8:52 am
Forum: Investing - Theory, News & General
Topic: VWO seems cheap right now
Replies: 185
Views: 43225

Re: VWO seems cheap right now

I haven't bought in yet, but I do have a low-ball standing limit order in, just waiting for a dip low enough for the order to execute. It may not quite make it down that far, but who knows... If I get lucky, I'll be starting my VWO position. If not, no worries. 8-) I'm with you - at $37, I'm back i...
by sperry8
Tue Mar 31, 2020 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Airline refusing to issue refunds
Replies: 167
Views: 15250

Re: Airline refusing to issue refunds

They are obligated by law to give you a refund if they cancel your previously booked flight. If you proactively cancel, otherwise agree to a credit, or re-route, then you are not entitled by law to a refund (unless your re-routed/changed itinerary ends up being cancelled by the airline as well). Ve...
by sperry8
Tue Mar 31, 2020 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Airline refusing to issue refunds
Replies: 167
Views: 15250

Re: Airline refusing to issue refunds

DOT rules require a refund: https://www.transportation.gov/individuals/aviation-consumer-protection/refunds "Cancelled Flight – A passenger is entitled to a refund if the airline cancelled a flight, regardless of the reason, and the passenger chooses not to be rebooked on a new flight on that airlin...
by sperry8
Tue Mar 31, 2020 8:01 am
Forum: Personal Investments
Topic: tax loss harvest by specID while preventing a wash sale
Replies: 33
Views: 1623

Re: tax loss harvest by specID while preventing a wash sale

An option is to sell, stay out for 30 days, and to back. With respect, I think that is always a poor course of action, but especially so right now. Time in the market is critical. You have nearly the same probability of doing better being out of the market for 30 days as being in the market for 30 ...
by sperry8
Mon Mar 30, 2020 11:10 pm
Forum: Personal Investments
Topic: tax loss harvest by specID while preventing a wash sale
Replies: 33
Views: 1623

Re: tax loss harvest by specID while preventing a wash sale

An option is to sell, stay out for 30 days, and to back. With respect, I think that is always a poor course of action, but especially so right now. Time in the market is critical. You have nearly the same probability of doing better being out of the market for 30 days as being in the market for 30 ...
by sperry8
Mon Mar 30, 2020 11:08 pm
Forum: Personal Consumer Issues
Topic: Making the most of COVID-19. What deals have you taken advantage of?
Replies: 19
Views: 3660

Re: Making the most of COVID-19. What deals have you taken advantage of?

Many retailers are offering 25% or more on clothes and shoes. Not the biggest sale, but bought a few items.
by sperry8
Mon Mar 30, 2020 1:46 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5343
Views: 479713

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Again, I think we're heading towards inflation: https://www.barrons.com/articles/expect-the-unexpected-after-the-crisis-inflation-51585323090?mod=past_editions More like stagflation. It's coming. Even Alan Greenspan, who actually thinks we're overcapturing inflationary metrics thinks it is coming. ...
by sperry8
Mon Mar 30, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: Why shouldn´t I buy oil futures now?
Replies: 92
Views: 7281

Re: Why shouldn´t I buy oil futures now?

I actually think oil prices are going to drop further. World is awash in oil with global shutdown. Prices going to drop... perhaps another 15-20% from here. I'd short oil personally if I was a gambler. I'm not a gambler, but that's what I'd do.
by sperry8
Mon Mar 30, 2020 12:05 pm
Forum: Investing - Theory, News & General
Topic: Help me understand this market--or How can S&P be 2600 today?
Replies: 109
Views: 9454

Re: Help me understand this market--or How can S&P be 2600 today?

Hi folks, starting disclaimer: I am not talking about market timing. I have bought according to my AA during this decline and will continue to do so. Just as an interested observer, please help me understand how the S&P 500 is currently 2,600 today on March 30. Bogleheads have taught me that all av...
by sperry8
Mon Mar 30, 2020 8:15 am
Forum: Investing - Theory, News & General
Topic: Market will be at all time high by year-end
Replies: 131
Views: 13581

Re: Market will be at all time high by year-end

I just mean forward 1 yr returns were positive (assuming this was the bottom). That is an extremely different statement from the message from the OP which you originally quoted in your response. I have a prediction that the market will be at an all time high by 12/31/2020. Yes, good catch. I mistoo...