Search found 1851 matches

by sperry8
Sun Nov 17, 2019 11:16 am
Forum: Personal Investments
Topic: Do you regret rebalancing over the last few years?
Replies: 66
Views: 5260

Re: Do you regret rebalancing over the last few years?

If you practice re-balancing, you have probably re-balanced many times from stocks to bonds, and from US to international, over the last several years. Meanwhile, of course, stocks and US stocks in particular have kept on out-performing. Given the size of many Bogleheads' portfolio, I am guessing t...
by sperry8
Fri Nov 15, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: Is the FIRE Movement Responsible for this Historic Bull Market Run
Replies: 76
Views: 6028

Re: Is the FIRE Movement Responsible for this Historic Bull Market Run

Sometimes I wonder if the FIRE movement is responsible for the stock market continuing to rally higher. The FIRE movement teaches you to save a considerable amount of your paycheck into the stock market so you can reach financial independence and retire early. As more people do this it is flooding ...
by sperry8
Thu Nov 14, 2019 5:27 pm
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 153
Views: 23213

Re: Rich preparing for market drop

Can you find me an article like that from 2007? I would be more impressed with that. I do remember similar article around 2015- that crash is coming and rich people hoarding cash To couple with some of those similar articles - especially those who started getting rather vocal in 2014-15 regarding a...
by sperry8
Wed Nov 13, 2019 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity - promotion bonus
Replies: 43
Views: 6225

Re: Fidelity - promotion bonus

This is entirely too much work and complication for a small amount of money relative to the amount you have invested. Silly. For $2,500 it took a few minutes of my time. Literally. An in-kind transfer couldn't be more simple. What do you do that you earn $2,500 for a few minutes? I'll take the mone...
by sperry8
Mon Nov 11, 2019 6:21 pm
Forum: Investing - Theory, News & General
Topic: Shiller PE10 data not being updated?
Replies: 13
Views: 1215

Re: Shiller PE10 data not being updated?

Usually I check out Shiller's site once a month. Site link: http://www.econ.yale.edu/~shiller/data.htm The CAPE Excel file hasn't been updated since early August. Do you think it will be updated eventually? Any reasons why it is temporarily stale? I like the full file for the data it contains as we...
by sperry8
Mon Nov 11, 2019 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity - promotion bonus
Replies: 43
Views: 6225

Re: Fidelity - promotion bonus

This is entirely too much work and complication for a small amount of money relative to the amount you have invested. Silly. For $2,500 it took a few minutes of my time. Literally. An in-kind transfer couldn't be more simple. What do you do that you earn $2,500 for a few minutes? I'll take the mone...
by sperry8
Mon Nov 11, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Homebuying in Los Angeles - Advice Needed
Replies: 64
Views: 5151

Re: Homebuying in Los Angeles - Advice Needed

Don't buy, rent. $5k/mo and you'll get that same house without all the headaches of ownership and the worry that you bought high. Plus you can keep that 20% down invested and watch it grow instead of losing it to interest payments. In the long run it's a wiser investment move.
by sperry8
Sun Nov 10, 2019 1:18 am
Forum: Personal Finance (Not Investing)
Topic: Retire or work again?
Replies: 23
Views: 2846

Re: Retire or work again?

I am a 40 year old dentist and was an owner of multiple practices until spring of this year when an asset sale to corporate gave me millions. I paid off my home mortgage, all other loans, paid off a commercial building which now gives me rent of $160k annually, which increases 2% annually. I am lef...
by sperry8
Sun Nov 10, 2019 1:15 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1970
Views: 328462

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

On Schwab's referral program, can I transfer in in kind from another brokerage or does it have to be cash? Terms were a little murky. https://www.schwab.com/public/schwab/nn/refer-client.html In-kind should work. It did for their cash promo to move new funds in. Hard to believe it wouldn't for thei...
by sperry8
Sun Nov 10, 2019 1:13 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity - promotion bonus
Replies: 43
Views: 6225

Re: Fidelity - promotion bonus

This is entirely too much work and complication for a small amount of money relative to the amount you have invested. Silly. For $2,500 it took a few minutes of my time. Literally. An in-kind transfer couldn't be more simple. What do you do that you earn $2,500 for a few minutes? I'll take the mone...
by sperry8
Sun Nov 10, 2019 1:10 am
Forum: Investing - Theory, News & General
Topic: Shiller PE10 data not being updated?
Replies: 13
Views: 1215

Re: Shiller PE10 data not being updated?

Usually I check out Shiller's site once a month. Site link: http://www.econ.yale.edu/~shiller/data.htm The CAPE Excel file hasn't been updated since early August. Do you think it will be updated eventually? Any reasons why it is temporarily stale? I like the full file for the data it contains as we...
by sperry8
Mon Nov 04, 2019 8:49 am
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 52
Views: 5159

Re: When DID the stock market recover from 1929?

Your analysis might be relevant for those who invested at the peak of the market, but there was a large increase in the stock market prior to 1929. Most investors would likely have been invested prior to the crash. Their recovery to initial position would have been quicker. GREAT point. We always w...
by sperry8
Sun Nov 03, 2019 5:56 pm
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 52
Views: 5159

Re: When DID the stock market recover from 1929?

You may have included it but be sure to include dividend reinvestments. When you do the recovery happens much faster.
by sperry8
Sat Nov 02, 2019 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: EverSafe and cognitive decline study
Replies: 13
Views: 1629

Re: EverSafe and cognitive decline study

Be sure to get a power of attorney while he's able. My father did the same with me. But sadly, many older folks think they can still handle it themselves when they have lost the capacity. Right. My father designated me as his DPOA when he asked me to begin doing his taxes. He had previously designa...
by sperry8
Fri Nov 01, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: EverSafe and cognitive decline study
Replies: 13
Views: 1629

Re: EverSafe and cognitive decline study

It will be interesting to read your progress reports if you decide to participate in the study and use EverSafe's financial monitoring service. I looked at their website. I could not find any description of exactly how they obtain the information they use to monitor your finances, but it seems they...
by sperry8
Mon Oct 28, 2019 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Bronze HSA
Replies: 18
Views: 1325

Re: Bronze vs Bronze HSA

I think the benefit of the HSA and being able to stash away money for future medical expenses is far superior. Last I knew it was up to $5000 per year you can put in there and as expenses rise (with age) that becomes even more valuable. This. Your decision is only taking into account "this year". B...
by sperry8
Mon Oct 28, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Referral Bonus - Really Need to Keep for a Year?
Replies: 26
Views: 1740

Re: Charles Schwab Referral Bonus - Really Need to Keep for a Year?

They can remove it if terms say 1 year. Whether they will remove it is unknown. If you ACH everything out, they might not even know about it. if you have to do an account transfer, they will know about it and may remove the bonus. Since it's cash, you can ACH. I just wanted to ACH most of it out --...
by sperry8
Mon Oct 28, 2019 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: AMEX Platinum Card - Review?
Replies: 47
Views: 2818

Re: AMEX Platinum Card - Review?

Thanks to everyone for your responses.... FYI - I found that AMEX Platinum is offering 100k points to open the card if you go through this link: https://www.americanexpress.com/us/credit-cards/ The standard is 60k points. That offer is your personal offer. I see the standard 60,000 bonus point offe...
by sperry8
Mon Oct 28, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: AMEX Platinum Card - Review?
Replies: 47
Views: 2818

Re: AMEX Platinum Card - Review?

Thanks for starting the thread. Timely as I was thinking about getting the Amex Platinum. Any opinions from folks who have the Amex Platinum and Chase Sapphire Reserve? Any advantages to getting the Amex Platinum if you already have the CSR card? (I don't get the annual fee exemption OP has). As fa...
by sperry8
Mon Oct 28, 2019 8:33 am
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11664

Re: Inside Fisher Investments

I was a former client and posted my feelings on Bogleheads about Fisher over the years. He's really good at making macro calls and keeping calm during up/down markets. Ken Fisher personally responded to questions I had while I was a client (and it was much appreciated). I'd highly recommend his new...
by sperry8
Sun Oct 27, 2019 10:47 am
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11664

Re: Inside Fisher Investments

I'd be curious to hear from someone who was actually a Ken Fisher client. We see a lot of posts from refugees fleeing Ed Jones, Raymond James, Merrill Lynch, Wells Fargo advisors. I don't recall anyone posting about their Ken Fisher experience. Maybe his clients are so satisfied they don't leave or...
by sperry8
Fri Oct 25, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: ACA 2020 pricing [What's your 2020 pricing?]
Replies: 38
Views: 4031

Re: ACA 2020 pricing [What's your 2020 pricing?]

I have been notified by my Health Insurance company that for 2020 my policy will no longer be HSA compliant because of the access to 24/7 telemedicine (I have not used this service). Meanwhile, the premium goes up 4.5% even with me losing the HSA benefit. :? That's weird. My plan is HSA compliant a...
by sperry8
Thu Oct 24, 2019 9:38 pm
Forum: Personal Investments
Topic: Benefits of Flagship Status at Vanguard?
Replies: 65
Views: 7708

Re: Benefits of Flagship Status at Vanguard?

I take advantage of the free outbound wire transfers. That seems to be a less common perq than free inbound transfers. Agreed, this is one perk I actually use (and appreciate). Used it today in fact :moneybag Although HSBC Premier offers no wire fees either (and requires much less on deposit with t...
by sperry8
Thu Oct 24, 2019 9:33 pm
Forum: Personal Consumer Issues
Topic: Where do you buy eyeglass frames online?
Replies: 16
Views: 1322

Re: Where do you buy eyeglass frames online?

I've used both eyebuydirect and Zenni. Zenni costs less. However, the frames are also "cheaper" in terms of feel. But on the positive side the lenses were much better for me (in terms of how I saw when I looked through them). EyeBuyDirect offers a better selection of "quality" frames imo. However, t...
by sperry8
Fri Oct 18, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: Hiring an Interior Decorator
Replies: 25
Views: 2244

Re: Hiring an Interior Decorator

Pay the designer for the plan, then buy your own services/stuff. Why give this person an additional (and uncontrollable) means of gigging you for additional profit? Never underestimate how much middle-people and suppliers will collude to extract as much money as possible from your wallet. Just beca...
by sperry8
Fri Oct 18, 2019 7:27 am
Forum: Personal Consumer Issues
Topic: Hiring an Interior Decorator
Replies: 25
Views: 2244

Re: Hiring an Interior Decorator

+1 Interior designers usually say they can obtain discounts for you (that’s a big part of the buying service). It’s odd that she won’t buy and bill you the discounted price. She may not have the money to "front" the purchases and post-bill. Personally, I'd rather give my cc so I could earn miles/po...
by sperry8
Sun Oct 13, 2019 12:07 am
Forum: Investing - Theory, News & General
Topic: Fidelity to $0 Commissions
Replies: 86
Views: 8994

Re: Fidelity to $0 Commissions

Haha, how many people switched from Fidelity to get free commissions elsewhere? Haha, I did.. and got $2,500 cash from Schwab to do it! :moneybag :sharebeer https://www.schwab.com/public/schwab/nn/investor_reward.html Here is the press release. Interesting how they emphasize that they do not sell o...
by sperry8
Sun Oct 13, 2019 12:03 am
Forum: Investing - Theory, News & General
Topic: Do You Think Vanguard Will Join The No Commission Party?
Replies: 40
Views: 4803

Re: Do You Think Vanguard Will Join The No Commission Party?

I'll bet VG does move slightly. Guessing they at least move Voyager Select to $0 (from $2) for ~10 trades. That should suffice for most Bogleheads. Anyone trading more than 1x per mo on individual stocks isn't likely a VG customer anyway. https://investor.vanguard.com/investing/transaction-fees-comm...
by sperry8
Fri Oct 11, 2019 10:14 pm
Forum: Personal Consumer Issues
Topic: duckduckgo
Replies: 31
Views: 4118

Re: duckduckgo

I've been using duckduckgo in the Brave browser (a non-google privacy oriented fork of Chromium, the open source base of Chrome) abotu a year now with no problems. Both on PC and android phone. This mirrors my setup. Some sites require cookies/flash, etc. and won't work with this setup. I can then ...
by sperry8
Fri Oct 11, 2019 9:00 am
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15985

Re: How many are switching from Fidelity?

Thanks! If Schwab counts in-kind fund transfers, then I'll be switching asap. I don't see why not. From my limited experience, it does. If you find out, please let us know. Has anyone gotten a retention bonus from Fidelity for not moving money to Schwab? I am tempted for get free money from Schwab....
by sperry8
Tue Oct 08, 2019 1:03 pm
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15985

Re: How many are switching from Fidelity?

I would switch, but not just because. It would take a promo to get me to do so. I've heard some others claim they got offered a promo from Schwab to move funds to them. If they offered this to me (they have never offered me a promo) I'd switch. Otherwise staying where I am for now. Schwab is offeri...
by sperry8
Mon Oct 07, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 12777

Re: Half of Retirees Afraid to Use Savings

I had to learn this lesson (and am still learning). I retired younger than most and into the great recession (2007). I initially watched about 1/2 of my retirement savings disappear and lowered my spend. It left some scars but as I watched the savings re-grow to an eventual profit I have recently de...
by sperry8
Mon Oct 07, 2019 7:52 am
Forum: Personal Investments
Topic: TD or Schwab?
Replies: 19
Views: 1893

Re: TD or Schwab?

student wrote:
Sun Oct 06, 2019 10:20 pm
They are very similar but I would say Schwab is better due to no international ATM fees.
Exactly my thoughts. But if OP never travels outside the USA then this point is moot.
by sperry8
Sun Oct 06, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15985

Re: How many are switching from Fidelity?

Schwab is offering you a promo: https://www.schwab.com/public/schwab/nn/investor_reward.html Bonus tiers: $200 bonus for $50,000–$99,999 deposit $300 bonus for $100,000–$249,999 deposit $600 bonus for $250,000–$499,999 deposit $1,200 bonus for $500,000–$999,999 deposit $2,500 bonus for $1,000,000+ ...
by sperry8
Sat Oct 05, 2019 4:41 pm
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15985

Re: How many are switching from Fidelity?

Just curious how many Bogleheads are switching from fidelity to TD Ameritrade, Schwab, or ETrade with the dropping of commission fees? I have accounts at vanguard and Fidelity, and was considering moving the Fidelity accounts to one of the companies that has dropped commissions. I have already aske...
by sperry8
Sat Oct 05, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to transfer NZ dollars to US bank.
Replies: 18
Views: 1165

Re: Best way to transfer NZ dollars to US bank.

How does Transferwise get in between the Bank of New Zealand transfer and the US Bank receiving transfer? That is, BNZ has it's own wire transfer service (with worse currency exchange rates I'm sure). So do you first transfer from BNZ to Transferwise and then from Transferwise to US Bank acct? Or? ...
by sperry8
Sat Oct 05, 2019 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to transfer NZ dollars to US bank.
Replies: 18
Views: 1165

Re: Best way to transfer NZ dollars to US bank.

How does Transferwise get in between the Bank of New Zealand transfer and the US Bank receiving transfer? That is, BNZ has it's own wire transfer service (with worse currency exchange rates I'm sure). So do you first transfer from BNZ to Transferwise and then from Transferwise to US Bank acct? Or? ...
by sperry8
Sat Oct 05, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to transfer NZ dollars to US bank.
Replies: 18
Views: 1165

Re: Best way to transfer NZ dollars to US bank.

How does Transferwise get in between the Bank of New Zealand transfer and the US Bank receiving transfer? That is, BNZ has it's own wire transfer service (with worse currency exchange rates I'm sure). So do you first transfer from BNZ to Transferwise and then from Transferwise to US Bank acct? Or?
by sperry8
Sat Oct 05, 2019 3:51 pm
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 15985

Re: How many are switching from Fidelity?

Just curious how many Bogleheads are switching from fidelity to TD Ameritrade, Schwab, or ETrade with the dropping of commission fees? I have accounts at vanguard and Fidelity, and was considering moving the Fidelity accounts to one of the companies that has dropped commissions. I have already aske...
by sperry8
Tue Oct 01, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges
Replies: 106
Views: 10164

Re: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges

Schwab has been trolling existing customers for new money, offering bonuses. I just transferred my SCHB dividend out this morning. Will wait until we pay for our new roof, then transfer money into Schwab and buy something, gaining $200 ($50k investment min). Perfect timing for me! How are you notif...
by sperry8
Sat Sep 28, 2019 11:52 am
Forum: Personal Consumer Issues
Topic: Switched from Verizon's postpaid plan to prepaid: Saved 38%
Replies: 89
Views: 9313

Re: Switched from Verizon's postpaid plan to prepaid: Saved 38%

I switched to Xfinity Mobile from Verizon. My bill went from ~$90 for 4 GB to ~ $30 for 3 GB. I’m generally always on Wifi, but even if I went over, it is only $12/GB. If you select autopay, the price for Verizon's 6 GB prepaid plan (3 GB of which is a 'bonus') is $35 plus tax right now. That's a n...
by sperry8
Sat Sep 28, 2019 11:49 am
Forum: Investing - Theory, News & General
Topic: Uber IPO
Replies: 38
Views: 3168

Re: Uber IPO

I will take the other side of most or all of these arguments. Uber is in 70 countries, not such a small feat. Yes, they have been losing money, like Netflix, because they are expanding rapidly. A lot of the money they have spent is on autonomous technology and once that rolls out they will not need...
by sperry8
Fri Sep 27, 2019 12:39 am
Forum: Investing - Theory, News & General
Topic: Uber IPO
Replies: 38
Views: 3168

Re: Uber IPO

I will take the other side of most or all of these arguments. Uber is in 70 countries, not such a small feat. Yes, they have been losing money, like Netflix, because they are expanding rapidly. A lot of the money they have spent is on autonomous technology and once that rolls out they will not need...
by sperry8
Wed Sep 25, 2019 7:30 pm
Forum: Personal Consumer Issues
Topic: Switched from Verizon's postpaid plan to prepaid: Saved 38%
Replies: 89
Views: 9313

Re: Switched from Verizon's postpaid plan to prepaid: Saved 38%

Update: I switched a week ago. So far no dropped calls or slowed data speeds as far as I can tell. I was also in the mountains this past weekend and had had some service as the others. Only complaint is that going back to dial in voicemail seems so dated. I know they keep that on purpose! Anyone fi...
by sperry8
Wed Sep 25, 2019 7:29 pm
Forum: Personal Consumer Issues
Topic: Switched from Verizon's postpaid plan to prepaid: Saved 38%
Replies: 89
Views: 9313

Re: Switched from Verizon's postpaid plan to prepaid: Saved 38%

I switched to Xfinity Mobile from Verizon. My bill went from ~$90 for 4 GB to ~ $30 for 3 GB. I’m generally always on Wifi, but even if I went over, it is only $12/GB. If you select autopay, the price for Verizon's 6 GB prepaid plan (3 GB of which is a 'bonus') is $35 plus tax right now. That's a n...
by sperry8
Sat Sep 21, 2019 6:24 am
Forum: Personal Finance (Not Investing)
Topic: If accepting counter-offer, strategies to help relationship with manager
Replies: 12
Views: 1166

Re: If accepting counter-offer, strategies to help relationship with manager

Hi all, If one accepts a counter-offer, what are some strategies to help mend the tension in the relationship with one's manager? As a start, I was thinking that after a month or so, just having a quick chat and thanking one's manager for their vote of confidence that they want me to be here and th...
by sperry8
Thu Sep 19, 2019 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Opening New Savings Account - Citi (2.36%) vs CIT (2.30%)?
Replies: 25
Views: 3110

Re: Opening New Savings Account - Citi (2.36%) vs CIT (2.30%)?

Vanguard Prime Money Market Fund is yielding 2.06% and once you're in, you can stop playing the rate-chasing game. When rates got very low (at 0%) Prime also paid almost nothing. Yet the online banks still paid ~.85%. So today, I'd agree Prime MM (or better yet Fed MM which pays almost the same wit...
by sperry8
Thu Sep 19, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Opening New Savings Account - Citi (2.36%) vs CIT (2.30%)?
Replies: 25
Views: 3110

Re: Opening New Savings Account - Citi (2.36%) vs CIT (2.30%)?

Also, does anyone have a general idea of how often banks change their interest rate? I've read that the Fed meets twice a year to decide if it will change its rate, but I'm not sure if that means banks will only do that twice a year as well, or if it's different for online banks, or just general de...
by sperry8
Thu Sep 19, 2019 8:33 am
Forum: Investing - Theory, News & General
Topic: What do you think about Dan Wiener
Replies: 82
Views: 5958

Re: What do you think about Dan Wiener

I dare anybody to say that Dan's Yearly Independent Guide to Vanguard Funds, which is included in the $99 membership fee isn't useful and concise. It's nice to have information on all Vanguard's funds in one book. He turned me on to Primecap and HealthCare 19 years ago, and my net worth is approxim...
by sperry8
Wed Sep 18, 2019 9:36 am
Forum: Investing - Theory, News & General
Topic: What do you think about Dan Wiener
Replies: 82
Views: 5958

Re: What do you think about Dan Wiener

I have been a subscriber to Dan Weiner's newsletter from time to time for years. First, if you decide to do it - do not spend any more than $99 for an annual sub. He has sales from time to time and you can get it for $99. So do not pay more. As to the positives, Weiner suggested Primecap Odyssey Agg...