Search found 2501 matches

by oneleaf
Wed May 27, 2020 4:12 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1498
Views: 712518

Re: A different approach to asset allocation

MT, Thanks for sharing your latest updates. I thought you had reached some level of comfort with your investment style (as active it continued to be) shortly after MYR blew up for you. However, it sounds like the journey continues to this day. I'm curious about a few things: - How much did tracking ...
by oneleaf
Wed Apr 29, 2020 2:31 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri: "You have to stick with that plan for the rest of your life."
Replies: 61
Views: 8880

Re: Rick Ferri: "You have to stick with that plan for the rest of your life."

I think the notion of committing to a strategy is important advice, but I think it is overly rigid to say that you have to commit for the rest of your life. If you implemented say a factor-based strategy, and did not like the volatility, you safely can move to a market cap strategy by making the ch...
by oneleaf
Wed Apr 29, 2020 2:23 pm
Forum: Investing - Theory, News & General
Topic: If you believing in Timing the market, Would you reduce equity allocation now?
Replies: 110
Views: 7977

Re: If you believing in Timing the market, Would you reduce equity allocation now?

If I was dominated in US large caps (i.e. S&P 500 index), I would consider it. But US SCV, International Equities, and Emerging Markets are all priced at very good valuations for longterm returns. I would love for an excuse to sell some equities, but I can't justify selling them due to their current...
by oneleaf
Wed Apr 29, 2020 2:18 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri: "You have to stick with that plan for the rest of your life."
Replies: 61
Views: 8880

Re: Rick Ferri: "You have to stick with that plan for the rest of your life."

Meb Faber had a good podcast recently talking about how long people can handle underperforming. Most people fall into the 0-10 years camp, and I don't find that surprising given how many people are bailing on international and value stocks. There are a couple of international threads where there are...
by oneleaf
Tue Apr 28, 2020 11:32 am
Forum: Personal Investments
Topic: Increase international percentage a good idea?
Replies: 19
Views: 921

Re: Increase international percentage a good idea?

YES! I'm aggressively bullish on international stocks because they're so cheap. My favorite international stock fund ETFs are MOTI, DGRE, DFJ, DGS, IQIN, GWX, and FNDC. Not only are international stock market valuations cheap, the Big Mac Index shows nearly every currency to be undervalued against ...
by oneleaf
Mon Apr 27, 2020 8:02 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 41958

Re: Why international?

I did see on CNBC an hour or so ago that Europe closed and was up much higher than US. This is confusing and hopefully someone who understands may be able to better explain. I've spent time in the past looking at these discrepancies, and my belief is that the US markets lead every other country's m...
by oneleaf
Mon Apr 27, 2020 7:10 pm
Forum: Investing - Theory, News & General
Topic: I Bonds are a screaming buy - Tipswatch
Replies: 138
Views: 22006

Re: I Bonds are a screaming buy - Tipswatch

I considered having my wife and I buy extra as gifts for each other (hold them in the gift box and deliver them in future years, since they count towards your annual limit on the year they are delivered) , but then I'd have too many EE-Bonds hit the 20 year market on the same year, creating a huge ...
by oneleaf
Mon Apr 27, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1769
Views: 140615

Re: Small Cap Value heads Rejoice !!!

Indeed, many of these new value factor ETFs are approaching the process of weighting/ranking securities in a manner quite similar to fundamental index. It sure seems like it. Back when the fundamental indices came out, the DFA people treated them like gimmicks, but they have proven to be excellent ...
by oneleaf
Mon Apr 27, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: I Bonds are a screaming buy - Tipswatch
Replies: 138
Views: 22006

Re: I Bonds are a screaming buy - Tipswatch

Yikes! It's a scary thought, but I won't be surprised - I'm really more surprised they keep these on offer at all. Knock on wood. :| I know. I really hope I can get a few more years of EE-Bonds purchases. I considered having my wife and I buy extra as gifts for each other (hold them in the gift box...
by oneleaf
Mon Apr 27, 2020 1:30 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 41958

Re: Why international?

I did see on CNBC an hour or so ago that Europe closed and was up much higher than US. This is confusing and hopefully someone who understands may be able to better explain. I've spent time in the past looking at these discrepancies, and my belief is that the US markets lead every other country's m...
by oneleaf
Thu Apr 23, 2020 6:05 pm
Forum: Personal Investments
Topic: Does anyone sell puts in order to force re-balancing and collect premiums?
Replies: 34
Views: 1713

Re: Does anyone sell puts in order to force re-balancing and collect premiums?

If the option is exercised when the price is well below the strike price, you pay a premium over market price. You also would then technically not be rebalanced. I think that is the downside risk here. I think you also need to hold cash to cover the option or have a margin account. Disclaimer, I do...
by oneleaf
Tue Apr 21, 2020 5:04 pm
Forum: Personal Investments
Topic: IBKR Lite: Pretty Alarming Bug on Trades
Replies: 2
Views: 249

Re: IBKR Lite: Pretty Alarming Bug on Trades

I've seen weirdness on multiple trading platforms. If you want to close the account over it, I think that's fine. But I LOL in your general direction at suggesting Vanguard has a better platform than IB. That was really funny. Oh, I get the irony of that, haha. I've used VBS for 15 years now (back ...
by oneleaf
Tue Apr 21, 2020 4:21 pm
Forum: Personal Investments
Topic: IBKR Lite: Pretty Alarming Bug on Trades
Replies: 2
Views: 249

IBKR Lite: Pretty Alarming Bug on Trades

So I have been trying IBKR Lite on a small account, mostly because I am interested in the two features: - Order ETF's by dollar amount. - Fractional share purchases (making the above dollar amount requirement especially enticing). - Algorithmic settings for taxable sales (i.e. if we want to maximize...
by oneleaf
Mon Apr 20, 2020 7:45 pm
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16618

Re: whos' just about had it w/ SCV ?

That is a very good question and I'm not sure I have a very good answer for it. First of all, I am 73 and have been retired for 23 years. I am fortunate to have had the blind luck to start investing regularly and substantially every month from my paycheck 43 years ago. Most of that time has been sp...
by oneleaf
Mon Apr 20, 2020 1:06 pm
Forum: Investing - Theory, News & General
Topic: RING vs. VGPMX (Precious Metals Miner Stocks)
Replies: 2
Views: 166

Re: RING vs. VGPMX (Precious Metals Miner Stocks)

My god. I just read the link to the fund profile indicating the change from PME to Global Capital Cycles. It's gone from a precious metals and mining fund to a 25% PME / 75% market timing fund. Sounds like they should just close it.
by oneleaf
Mon Apr 20, 2020 12:52 pm
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16618

Re: whos' just about had it w/ SCV ?

I have very good news for SCV investors. The fortunes of SCV are about to change dramatically and future outperformance is almost certain. It will start very soon. I have recently sold my modest 25% SCV position (FNDA, fundamental index with a strong value slant) and moved into VB (SCB) which has o...
by oneleaf
Mon Apr 20, 2020 12:48 pm
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16618

Re: whos' just about had it w/ SCV ?

I feel that this is a very important point. If the low duration of value company earnings has caused stock prices to drop, then the correction is done, and the future expected return remains high. This is why returns of the recent past is not a good indicator of future returns. The past returns ref...
by oneleaf
Mon Apr 20, 2020 10:27 am
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16618

Re: whos' just about had it w/ SCV ?

It's becoming more clear to me how hard it is for people to handle tracking error. But the part that troubles me is that tracking error will always change. At the moment, when US LCG does the best, the reference equity portfolio is 100% TSM. I guarantee that if/when non-US stocks make a comeback, th...
by oneleaf
Mon Apr 20, 2020 1:36 am
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1220
Views: 107625

Re: Well, I am market timing due to coronavirus... Wish me luck.

This is a buy and hold forum...What kind of reaction would anyone expect? It’s probably similar to what a BH would get on a day trading forum I am pretty sure they are expecting a parade. Or that one of us name our next child after them. The funny thing is that the OP was a great sport... It is the...
by oneleaf
Sat Apr 18, 2020 10:58 am
Forum: Personal Investments
Topic: VTMSX Vanguard Tax-Managed Small Cap Fund
Replies: 15
Views: 1080

Re: VTMSX Vanguard Tax-Managed Small Cap Fund

The fund tracks the S&P 600, but deviates from the index, primarily to get more qualified dividends (90% last year, versus 72% for the ETF VIOV ). But with the development of ETFs, small-cap ETFs or the corresponding Vanguard index funds should also be able to avoid capital gains. Did you mean VIOO...
by oneleaf
Thu Apr 16, 2020 3:04 pm
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 157
Views: 16029

Re: Marcus or Ally

I have Ally and just signed up for Marcus and I have to say I’m quite disappointed with the latter. My biggest issue is very slow website and multiple log in errors that are not mine but theirs (they admit they are having technical issues). Ally website seems much more polished. Never had any techn...
by oneleaf
Thu Apr 16, 2020 3:02 pm
Forum: Investing - Theory, News & General
Topic: That's it! Commodity ETFs is snake oil! I'm out!!!
Replies: 75
Views: 7390

Re: That's it! Commodity ETFs is snake oil! I'm out!!!

Not understanding the rules of the game is one of the reasons why investors lose money. To an extent, this is true, but we also need to choose to trust others for portfolio advice. We can't all be finance experts. I, like the OP, chose to trust Larry Swedroe regarding CCF's. He was less enthusiasti...
by oneleaf
Thu Apr 16, 2020 12:38 pm
Forum: Investing - Theory, News & General
Topic: That's it! Commodity ETFs is snake oil! I'm out!!!
Replies: 75
Views: 7390

Re: That's it! Commodity ETFs is snake oil! I'm out!!!

But... but... they are doing exactly what they are supposed to do! ;) Nah, I totally agree with you. I also had 5% in my portfolio but got rid of them many many years ago. I don't even want to revisit my old statements to see exactly when, as I'd rather forget all about them. I'm happily value-tilte...
by oneleaf
Wed Apr 15, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25014

Re: IRS Get My Payment up and running

I was able to enter my information and a confirmation I will get the payment. I received a refund in 2018 but owed in 2019, and unfortunately they still needed my info.

I filed MFJ... I am assuming only I have to fill out the form? My wife and child's portion of the payment should be lumped together?
by oneleaf
Tue Apr 14, 2020 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus Payment Check Question
Replies: 1
Views: 325

Re: Stimulus Payment Check Question

I also hope to know this as well, since my parents did not get a refund in 2018 and 2019 (they owed), but they do get SS payments. I actually have two situations I am not sure about: Parents: owed taxes in 2018/2019 so no direct deposit. But get social security payments via direct deposit. My family...
by oneleaf
Tue Apr 14, 2020 5:53 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32595

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

I honestly think that only US large growth is still expensive enough to be worrying. US SV, Developed (esp Value), and Emerging (esp Value) are all very cheap and pricing in some pretty bad economic outcomes. If all asset classes were only 15%-ish off the February highs, I would think we are in for ...
by oneleaf
Tue Apr 14, 2020 11:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541904

Re: U.S. stocks continue to soar!

Bear market rally or bull market, I hit my rebalance bands hard. I bought a ton of stocks in March and selling nearly just as much today. It's pretty crazy.
by oneleaf
Mon Apr 13, 2020 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: What opportunities are there to take advantage of the coronavirus situation?
Replies: 26
Views: 3762

Re: What opportunities are there to take advantage of the coronavirus situation?

Are they really? AS of today they are 19% below the Feb 2020 high (S&P 500). Stocks are priced for forward earnings. Do you really think 2020 and 2021 earnings will only be 19% less? The most optimistic projections right now have 2022 as the year we might get back to 2019 levels. Because there is n...
by oneleaf
Mon Apr 13, 2020 1:29 pm
Forum: Investing - Theory, News & General
Topic: Switching from VFWAX (FTSE All World) to VTIAX (Total International)
Replies: 5
Views: 321

Re: Switching from VFWAX (FTSE All World) to VTIAX (Total International)

No reason not to make the change. IMO, Vanguard wouldn't even have created VFWAX if VTIAX existed as it did today. Here's my understanding of the evolution: Vanguard's Total International existed as a fund-of-funds (Pacific/European/Emerging), which was all large caps and no Canada. Back then, fund-...
by oneleaf
Sun Apr 12, 2020 7:42 pm
Forum: Investing - Theory, News & General
Topic: New Cliff Asness Podcast
Replies: 2
Views: 351

Re: New Cliff Asness Podcast

Listened to this the other day. Great podcast.
by oneleaf
Sun Apr 12, 2020 1:30 pm
Forum: Investing - Theory, News & General
Topic: Simplifying Selling in Taxable Account - M1 Finance over VG
Replies: 11
Views: 569

Re: Simplifying Selling in Taxable Account - M1 Finance over VG

I'm actually trying Interactive Brokers for the same reason. They are less automatic than M1, which means you have full control over SpecID when you need it. But it also allows you to use pre-programmed methods (maximize short term losses, maximize short term gains, etc, etc.), which should cover t...
by oneleaf
Sun Apr 12, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: Simplifying Selling in Taxable Account - M1 Finance over VG
Replies: 11
Views: 569

Re: Simplifying Selling in Taxable Account - M1 Finance over VG

I'm actually trying Interactive Brokers for the same reason. They are less automatic than M1, which means you have full control over SpecID when you need it. But it also allows you to use pre-programmed methods (maximize short term losses, maximize short term gains, etc, etc.), which should cover th...
by oneleaf
Sat Apr 11, 2020 3:12 pm
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 157
Views: 16029

Re: Marcus or Ally

We're long-time Ally Bank customers and really like their website, but we'd like to increase our FDIC coverage headroom. The thing that we like about Ally and their website is that once you get a joint savings account established you can open additional similar joint accounts without the need for a...
by oneleaf
Sat Apr 11, 2020 11:29 am
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 157
Views: 16029

Re: Marcus or Ally

I have an account at both. In terms of user experience: Ally is really top-notch. Extremely easy to open a new account. Especially with joint accounts, it lets you re-use registrations. Breaking CD's is super easy and transparent as to the fees. Ally's website and app are fast to load and easy to us...
by oneleaf
Fri Apr 10, 2020 2:16 pm
Forum: Investing - Theory, News & General
Topic: Am I being dumb ["standing and doing nothing"]?
Replies: 43
Views: 3964

Re: Am I being dumb ["standing and doing nothing"]?

You: Calmly investing for the longterm and not worrying about market movements.
Other posters: Wigging out over the news and obsessing over their portfolio.

And you ask whether you're the dumb one?? :wink:
by oneleaf
Fri Apr 10, 2020 1:30 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Munis Increasingly Risky
Replies: 205
Views: 19930

Re: Larry Swedroe: Munis Increasingly Risky

I'd also love to hear from Mr. Swedroe or others at BAM concerning their current views on muni's. Can someone who knows his email or contact info have him comment here about current views? I believe I’ve seen him comment recently on other issues. Thanks. You can email him and he may respond or mayb...
by oneleaf
Fri Apr 10, 2020 1:27 pm
Forum: Investing - Theory, News & General
Topic: With the govt forcing interest rates near 0, why bother with bonds anymore?
Replies: 29
Views: 1874

Re: With the govt forcing interest rates near 0, why bother with bonds anymore?

I'm doing the same now as I did during and after the GFC when yields became anemic. Liquidated my taxable treasury bonds and bought CD's (all done this week) at the big online banks (Ally, Marcus). Moved my intermediate bonds to short-term federal in tax sheltered. I revisit every quarter or so to s...
by oneleaf
Fri Apr 10, 2020 11:10 am
Forum: Investing - Theory, News & General
Topic: Impact of newest Fed 2.3 Trillion on corporate bonds
Replies: 56
Views: 3733

Re: Impact of newest Fed 2.3 Trillion on corporate bonds

Stocks are the new Bonds now! :happy Good thing I'm 50/50 stocks/bonds, so this doesn't affect me! So now you are 100% bonds and you think it doesn't affect you? The big picture changed and it affects everyone, I think. It was a joke. 50/50 stocks/bonds is now 50/50 bonds/stocks, which obviously is...
by oneleaf
Fri Apr 10, 2020 11:08 am
Forum: Personal Investments
Topic: [Moved to cash. Now what?]
Replies: 33
Views: 2924

Re: [Moved to cash. Now what?]

Hope this decision matrix helps: https://i.imgur.com/3PK253w.png DCA and Wait in Cash has possibilities of a decent outcome. Waiting in cash can lead to devastating results. Lump sum only has bad outcomes, with possibility of a very bad outcome. I vote for DCA, though it's tempting to Wait in Cash,...
by oneleaf
Thu Apr 09, 2020 3:08 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1769
Views: 140615

Re: Small Cap Value heads Rejoice !!!

I actually dumped my REITs today and finally finished the last 25% of my allocated US SV position (already had DM SV). I'm fully onboard the value factor train now...
by oneleaf
Thu Apr 09, 2020 3:01 pm
Forum: Personal Investments
Topic: [Moved to cash. Now what?]
Replies: 33
Views: 2924

Re: [Panicked and moved to cash. What to do next?]

Ok, but what should I do now? As dcmcmahon said above, the past is past—time to recalibrate. Lump sump now? DCA over months? Wait in cash for re-test of lows? Manual transmission Lotus? Please advise me, folks. Hope this decision matrix helps: https://i.imgur.com/3PK253w.png DCA and Wait in Cash ha...
by oneleaf
Thu Apr 09, 2020 1:19 pm
Forum: Personal Investments
Topic: [Panicked and moved to cash. What to do next?]
Replies: 106
Views: 12653

Re: [Panicked and moved to cash. What to do next?]

BW1985 wrote:
Thu Apr 09, 2020 1:14 pm
^^It sounds like their sale went through then internet crapped out temporarily when they went to buy the new fund.
I guess it was probably at a different brokerage then. Since at Vanguard, you'd just do an exchange instead of a sale-then-buy.
by oneleaf
Thu Apr 09, 2020 1:12 pm
Forum: Investing - Theory, News & General
Topic: Impact of newest Fed 2.3 Trillion on corporate bonds
Replies: 56
Views: 3733

Re: Impact of newest Fed 2.3 Trillion on corporate bonds

steve50 wrote:
Thu Apr 09, 2020 12:44 pm
Stocks are the new Bonds now! :happy
Good thing I'm 50/50 stocks/bonds, so this doesn't affect me!
by oneleaf
Thu Apr 09, 2020 1:02 pm
Forum: Personal Investments
Topic: [Moved to cash. Now what?]
Replies: 33
Views: 2924

Re: [Panicked and moved to cash. What to do next?]

Haha, thanks for noting that, oneleaf, I was just about to defend myself! :sharebeer I truly was being a good Boglehead before this incident, only bad luck has turned me into a—temporary—timer. And let me tell you, it’s very unpleasant. Very stressful to be hoping for declines each day while the ma...
by oneleaf
Thu Apr 09, 2020 12:13 pm
Forum: Personal Investments
Topic: [Moved to cash. Now what?]
Replies: 33
Views: 2924

Re: [Panicked and moved to cash. What to do next?]

hi simpleidiot, I have an idiotic suggestion but thought I'd throw it out there. Take $375k and buy BND instead. Then just agree with yourself that you're changing your AA because you're not comfortable with whatever AA you had previously (you're not since you were market timing). Better yet, buy $...
by oneleaf
Thu Apr 09, 2020 11:20 am
Forum: Personal Investments
Topic: Interactive Brokers, multiple accounts and monthly fees
Replies: 20
Views: 1180

Re: Interactive Brokers (Best Kept Secret)

By chance, do you have $200K total between your non-Roth and your Roth? If so, you get a waiver. They give you a waiver if you have $100k OR number_of_accts * ($100K), so if you have 2 accounts, you don't have to have $100K in both as long as it averages out to $100K each. Just to update you... I c...
by oneleaf
Wed Apr 08, 2020 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Considering doing more direct debits from Savings
Replies: 6
Views: 345

Re: Considering doing more direct debits from Savings

do you have a brokerage account w/ checking acct? There is no limit on number of withdrawals. You will want to keep minimal balances there so you don't lose interest and will need to watch cash flow to keep it positive. If you have a margin account, you can afford a few slips w/o bouncing checks/pa...
by oneleaf
Wed Apr 08, 2020 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Considering doing more direct debits from Savings
Replies: 6
Views: 345

Re: Considering doing more direct debits from Savings

I have recently started on this path too. Most of my purchases go through three of my BofA credit cards, and I set them to auto-draw from a money market account from All America bank (APY 1.5%). This uses up three of the six monthly allowed withdrawals. I have to use a money market fund because app...
by oneleaf
Wed Apr 08, 2020 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Considering doing more direct debits from Savings
Replies: 6
Views: 345

Considering doing more direct debits from Savings

Lately, I've been considering re-doing my cash management strategy. I should first mention that I am the kind of person who has always kept about a year's worth of expenses in a high-yielding savings account. I generally pay my bills out of my checking and transfer into and out of my savings account...
by oneleaf
Tue Apr 07, 2020 8:46 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg commodities index still in contango
Replies: 133
Views: 15879

Re: Bloomberg commodities index still in contango

commodities now in deep contango https://data.bloomberglp.com/promo/sites/12/758103_BCOM-April2020Outlook.pdf at -13% vs. -3.6% a year ago see page 18 this means commodities futures curves are upward sloping. i.e. the futures price say 6 months out is higher than todays price. i guess this would me...