Search found 205 matches

by Justin618
Sun Feb 17, 2019 7:03 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 307536

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

I tend to agree on commodities - I never liked an asset that didn't produce income. But, what about international equities? I can see on a backtest it would've hurt, but who's to say going forward. Your portfolio selection seems a little too backtest reliant. Generally, I think the risk parity appro...
by Justin618
Sun Feb 17, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 307536

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Can you speak a little further about the construction or your portfolio (40/60 UPRO/TMF)? I've read this thread a lot of outside resources. Bridgewater's All Weather portfolio seems to have a lot more asset classes. They're looking for a portfolio that will perform well in all economic cycles and th...
by Justin618
Thu Jun 30, 2016 12:18 pm
Forum: Investing - Theory, News & General
Topic: Lending Club
Replies: 32
Views: 3401

Re: Lending Club

I thought I'd chip into this discussion. I've been investing in P2P lending thru LendingClub for about a year. My return has been appx 8% (I had a number of early charge offs, but my return has steadily improved over time). Rather than filtering new loans myself, I'm now using LendingRobot's algorit...
by Justin618
Thu Jun 25, 2015 3:53 pm
Forum: Personal Investments
Topic: Transfering funds froma a simple IRA while it is still active
Replies: 3
Views: 642

Re: Transfering funds froma a simple IRA while it is still active

You may not be locked into EJ. A 5304 Simple IRA allows the employee to select the financial institution (a 5305 plan locks you in to the employers choice). http://www.bogleheads.org/wiki/SIMPLE_IRA You think EJ would require that it be a 5305 plan then - however, there are restraints on 5305 plans ...
by Justin618
Tue May 14, 2013 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life - Mess - Any way out?!?
Replies: 93
Views: 8090

Re: Whole Life - Mess - Any way out?!?

@Novafett - I've never had to mess with this. But Google yielded the following: "Taxes The beauty of a 1035 exchange is it avoids any income tax on your switch. If you tried to convert your life insurance manually, by cancelling the policy, moving the cash to your bank account, then buying an annuit...
by Justin618
Wed Jan 02, 2013 11:34 am
Forum: Investing - Theory, News & General
Topic: The one-fund solution? (Trying to distill JBs ideas)
Replies: 40
Views: 4867

Re: The one-fund solution? (Trying to distill JBs ideas)

This is my first post in a long long time (although I enter the Boglehead contest ever year - 1516.06 for 2013). For the longest time I endlessly considered my portfolio options. I would adopt a portfolio but then change my mind in 6 months, not because of poor performance but because of something I...
by Justin618
Mon Mar 05, 2012 1:04 pm
Forum: Investing - Theory, News & General
Topic: My “Aha!” Moment in Investing
Replies: 94
Views: 10701

Re: My “Aha!” Moment in Investing

My "Aha" moment --- Spring semester of my second year of college I was taking "Understanding Investment Management" taught by a former manager of the state's public employee pension program. He started with Markowitz mean-variance and taught the progression of Modern Portfolio Theory. The required r...
by Justin618
Thu Feb 09, 2012 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Buffett Says Bonds Among Most Dangerous Assets on Inflation
Replies: 94
Views: 10813

Re: Buffett Says Bonds Among Most Dangerous Assets on Inflat

From his annual letter http://finance.fortune.cnn.com/2012/02/09/warren-buffett-berkshire-shareholder-letter/ From our definition there flows an important corollary: The riskiness of an investment is not measured by beta (a Wall Street term encompassing volatility and often used in measuring risk) b...
by Justin618
Fri Jan 06, 2012 5:22 pm
Forum: Investing - Theory, News & General
Topic: Adjustable Rate Mortgages--good or bad?
Replies: 36
Views: 3684

Re: Adjustable Rate Mortgages--good or bad?

Bungo wrote:I see no scenario in which the adjustable rate wins.
My scenario - You plan to move within the arm period. I'm fairly confident we will be moving in 5 years and am weighing refinancing to a 5 year arm - I could be borrowing at 2.75% rather 4.25% over the next 5 years.

Justin
by Justin618
Tue Jan 03, 2012 11:30 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2012 BOGLEHEAD CONTEST
Replies: 408
Views: 23963

Re: REGISTRATION FOR 2012 BOGLEHEAD CONTEST

1343, same as my 2011 guess
by Justin618
Fri Dec 23, 2011 1:59 pm
Forum: Personal Investments
Topic: Contribute to Annuity-only Simple IRA?
Replies: 12
Views: 1672

Re: Contribute to Annuity-only Simple IRA?

ThePrune wrote:Many insurance companies have their agents set up form 5304-SIMPLE plans for small companies, which always surprised me.
Dead on! It's a 5304 Plan - Vanguard here we come.

Thanks all and Happy Holidays,
Justin
by Justin618
Mon Dec 19, 2011 11:43 pm
Forum: Personal Investments
Topic: Contribute to Annuity-only Simple IRA?
Replies: 12
Views: 1672

Re: Contribute to Annuity-only Simple IRA?

ThePrune, wonderful guidance. We just fired off an email asking for a copy of the plan - unsurprisingly we only received three glossy Life Ins. Company brochures on the various annuity options. I edited the subject of the post so others with Simple IRA questions might find your post - it's Wiki-cali...
by Justin618
Mon Dec 19, 2011 4:09 pm
Forum: Personal Investments
Topic: Contribute to Annuity-only Simple IRA?
Replies: 12
Views: 1672

Re: Contribute to Annuity-only Work Retirement Plan?

Thanks for your reply. Savings isn't an issue and she'll still be working when she leaves this job in a couple years. So the money she could contribute under the Simple IRA ($11,500) will be saved/invested one way or another, either thru the Simple IRA or via Taxable Investing. As soon as she leaves...
by Justin618
Mon Dec 19, 2011 12:50 pm
Forum: Personal Investments
Topic: Contribute to Annuity-only Simple IRA?
Replies: 12
Views: 1672

Contribute to Annuity-only Simple IRA?

My wife just switched employers. She’s a govt contractor and basically swaps employers every 2 years when the govt contract is rebid. The sole retirement plan options are a suite of Equity-Indexed Annuities from a life insurance company I’ve never heard of. I’ll spare you the details, except to say ...
by Justin618
Wed Nov 09, 2011 1:35 pm
Forum: Investing - Theory, News & General
Topic: How a financial planner lost his home
Replies: 203
Views: 18745

Re: How a financial planner lost his home

"Like most financial stories, this one is personal. It starts with me getting into the financial services industry more or less by accident. I answered an ad in 1995 that I thought was for a job related to “security” ( as in security guard ) but was in fact related to “securities.” That’s how littl...
by Justin618
Thu Oct 06, 2011 3:39 pm
Forum: Personal Investments
Topic: To Roth or Not?
Replies: 13
Views: 1423

The case against the Roth 401k
http://thefinancebuff.com/case-against-roth-401k.html

***Note it's your effective tax rate, not the marginal rate, that matters in retirement.***

Justin
by Justin618
Fri Sep 30, 2011 10:57 am
Forum: Investing - Theory, News & General
Topic: LifeStrategy funds going all-index
Replies: 76
Views: 13007

Bravo! Add Admiral Shares and I may have to make the switch.

Safe to assume Total Intl will be 30% of equity a la TR funds?

Justin
by Justin618
Thu Sep 29, 2011 3:17 pm
Forum: Personal Investments
Topic: Transferring Over to the Permament Portfolio
Replies: 85
Views: 7461

William Bernstein's write-up on Harry Browne's Permanent Portfolio http://www.efficientfrontier.com/ef/0adhoc/harry.htm . I say it's mandatory reading for anyone making the switch. Are you sure you are not just chasing gold? The PP will work if you stick with it for decades . Good luck, Justin
by Justin618
Fri Aug 05, 2011 9:22 am
Forum: Personal Consumer Issues
Topic: .....
Replies: 79
Views: 9091

Q: What's the difference between a $25,000 car and a $50,000 car? A: a happy wife. Q: What's a happy wife worth? Putting the numbers side to side, the Sonata does stack up very well - and is a screaming bargain, especially with a 10 year warranty. However, the qualitative feel, handling, fit & finis...
by Justin618
Tue May 10, 2011 12:20 pm
Forum: Personal Investments
Topic: How simple do you wish your portfolio could be?
Replies: 24
Views: 2334

One --- I suppose one fund which perfectly matched my S&D AA and glide path to retirement, with vanguad-low costs, and annual-rebalancing on my birthday would be optimal. Since that will never happen, I'll continue to invest is as few funds as possible to match my AA. What really gets me is not the ...
by Justin618
Tue Mar 01, 2011 4:55 pm
Forum: Personal Investments
Topic: The whole Roth vs. Traditional IRA
Replies: 56
Views: 10934

The Case Against Roth 401(k)
http://thefinancebuff.com/case-against-roth-401k.html

This qualifies as required reading for anyone contemplating a Roth conversion, Roth 401k, Roth vs. Traditional IRA, or anyone conflating marginal tax rates and effective tax rates.

Justin
by Justin618
Wed Feb 09, 2011 1:02 pm
Forum: Personal Investments
Topic: trouble sticking to allocation
Replies: 15
Views: 1785

This is why investing is hard. An Asset Allocation plan is worthless if not followed. Selectively following it is just market timing. My mind trick to stay on track is just to annual rebalance on my birthday (not sooner, not later, not more frequently, not less frequently, not half-way, etc.). No th...
by Justin618
Fri Feb 04, 2011 9:48 am
Forum: Investing - Theory, News & General
Topic: Larryswedroe's portfolio question
Replies: 17
Views: 4803

Second, for those that want to try and cut the tail risks while keeping expected returns high IMO the best strategy is a bar bell type, with ONLY VERY HIGH QUALITY FI for the majority of the portfolio and then the highest expected returning equity asset classes. Larry, Shouldn't we all be seeking a...
by Justin618
Tue Feb 01, 2011 9:14 am
Forum: Personal Investments
Topic: What's your favorite mutual fund
Replies: 54
Views: 7468

VTINX
Vanguard Target Retirement Income Fund

It's the perfect all-in-one set-it and forget-about-it fund for my aging parents who don't like to make investing decisions.

Justin
by Justin618
Mon Jan 24, 2011 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Down Student Loan vs. Invest in Taxable?
Replies: 23
Views: 3722

In 2007:

When would you choose to invest over loan repayment?
http://www.bogleheads.org/forum/viewtop ... viewresult

In 2011: ?

Justin
by Justin618
Mon Jan 24, 2011 2:07 pm
Forum: Investing - Theory, News & General
Topic: Roth vs Traditional asset location - advanced discussion
Replies: 59
Views: 14677

But how much of each you actually own "free and clear" does. I 100% understand what you've said. I just disagree. In 30 seconds and a few mouse clicks, I can change my AA at any time. I can switch the equity from the Roth to the Traditional at the drop of the hat, and vice versa with the bonds. Usi...
by Justin618
Mon Jan 24, 2011 11:55 am
Forum: Investing - Theory, News & General
Topic: Roth vs Traditional asset location - advanced discussion
Replies: 59
Views: 14677

For the record, I’m “Roth Aggressive”. In the long run, I figure my riskier assets will outperform my safer assets, increasing the size of the Roth account in proportion to the Traditional one. I’ve heard this Tax-Adjusted Asset Allocation concept before, and never thought it made any sense. As the ...
by Justin618
Tue Jan 04, 2011 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: What do you love/hate about house you didn't expect?
Replies: 99
Views: 10190

A few things that I will make sure I do before purchasing my next house: 1) Meet your prospective immediate neighbors. Ring their doorbell. If they're not home, come back in the evening. You can learn a lot about somebody from a 90 second conversation. 2) Visit the neighborhood at different times of...
by Justin618
Mon Jan 03, 2011 12:38 pm
Forum: Investing - Theory, News & General
Topic: 2011 BOGLEHEAD CONTEST REGISTRATION
Replies: 374
Views: 37804

1343
by Justin618
Wed Nov 24, 2010 2:12 pm
Forum: Investing - Theory, News & General
Topic: what are your exact fixed income holdings
Replies: 98
Views: 11925

Age: 30

33.33% of AA is fixed income (not including emergency fund)

Fixed Income breakdown:
70% Intermediate Treasuries
30% TIPS - (best bond option in wife's 401k, otherwise it'd be nominal treasuries too)

Justin
by Justin618
Tue Nov 23, 2010 3:18 pm
Forum: Personal Investments
Topic: Gus Sauter: Vanguard's investment chief cautions bond invest
Replies: 20
Views: 4542

TFB, First, thanks for all you do – I love your website (Larry too). I found Larry’s article from Dec 12, 2009 on this topic. http://moneywatch.bnet.com/investing/blog/wise-investing/tips-and-forecasted-inflation/1095/ It’s interesting he points to October 31, 2008 as a point in time with a large li...
by Justin618
Tue Nov 23, 2010 1:47 pm
Forum: Personal Investments
Topic: Gus Sauter: Vanguard's investment chief cautions bond invest
Replies: 20
Views: 4542

A little aside from the point of the article, but: "In the long run, returns of conventional treasury bonds should surpass the returns of TIPS by an amount equal to the cost of the inflation risk premium. In effect, investors in conventional bonds would be rewarded for shouldering uncertainty regard...
by Justin618
Fri Oct 01, 2010 8:32 am
Forum: Investing - Theory, News & General
Topic: [POLL] Who's switching from VFWIX to VGTSX?
Replies: 62
Views: 10496

I'll switch.... more small cap exposure, and Admiral Shares at 20 basis points (according to their posting). On a side note, does anybody know VG's policy on creating Admiral class shares for their funds? Does it take a minimum asset size? Specifically, I would love to see SV admiral shares. Justin
by Justin618
Thu Sep 30, 2010 2:25 pm
Forum: Investing - Theory, News & General
Topic: The Case for Gold as a Practical Investment
Replies: 55
Views: 5870

I'm dusting off this gem: The Great Commodities Debate Do commodities belong in a proper asset allocation? Well-known investment advisors and authors Rick Ferri and Larry Swedroe square off on this issue and more in a no-holds-barred debate with Hard Assets Investor. http://seekingalpha.com/article/...
by Justin618
Thu Jul 29, 2010 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance: reputed large lender vs. no-name lender?
Replies: 3
Views: 911

FYI, WF has a "Streamlined Online Refinance for Existing Customers" see this link: https://www.wellsfargo.com/mortgage/refinance/loans/descriptions/online "The streamlined online refinance program features: Evaluation of your eligibility for government programs, such as the Home Affordable Refinance...
by Justin618
Thu Jul 29, 2010 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Investing in Real Estate
Replies: 24
Views: 3586

With the state of the stock market now, I was considering buying one or two more rental properties instead of investing in the stock market. Buy low, sell high. Are you waiting for the stock market to go higher before investing? That said - I know a lot of people who have done well with real estate...
by Justin618
Mon May 24, 2010 12:19 pm
Forum: Investing - Theory, News & General
Topic: What is your target allocation to TIPS? {Poll}
Replies: 83
Views: 15666

Personally, I don’t think a young investor in the accumulation stage needs TIPS that much. Assuming a reasonably efficient market, the expected long term return on TIPS might be lower than nominal bonds because you are paying a premium to protect against inflation. 0% TIPS, 100% Int. Treasuries for...
by Justin618
Thu May 06, 2010 4:13 pm
Forum: Investing - Theory, News & General
Topic: VBS offers free VG ETF trades, qualify for Voyager with 50k
Replies: 129
Views: 26687

Somebody bought VTI at 49. It was 59 yesterday and it closed at 57.71 today.
Somebody also sold VTI at 49 today.

Justin
by Justin618
Thu May 06, 2010 3:44 pm
Forum: Investing - Theory, News & General
Topic: VBS offers free VG ETF trades, qualify for Voyager with 50k
Replies: 129
Views: 26687

I'm sticking with mutual funds..... here's why: http://www.bogleheads.org/forum/viewtopic.php?t=54699&mrr=1273177747 I don't need an added dimension to test my tolerance. Maybe someday when I'm no longer accumulating I'll consider ETFs, but, for now, open-ended index funds work for me. My next rebal...
by Justin618
Fri Apr 16, 2010 11:12 am
Forum: Personal Investments
Topic: TIAA-Cref variable annuity options - rollover restrictions
Replies: 18
Views: 6318

Bob, Thanks for catching my misnomer - yes, TIAA Traditional is a fixed annuity and is subject to TIAA's withdrawal restrictions (takes 10 years to get out of it). My initial question was whether to go with TIAA or the TRP Retirement Funds. I now feel comfortable with TIAA over TRP for a few reasons...
by Justin618
Fri Apr 16, 2010 9:36 am
Forum: Personal Investments
Topic: TIAA-Cref variable annuity options - rollover restrictions
Replies: 18
Views: 6318

Thanks for everyone's replies. I am less concerned regarding TIAA now - as a trained boglehead, the word "annuity" is always a red flag. I have a little information to report. My wife's future employer's 403b TIAA options are the "CREF Variable Annuity" account options, which includes equities, fixe...
by Justin618
Thu Apr 15, 2010 11:08 am
Forum: Personal Investments
Topic: TIAA-Cref variable annuity options - rollover restrictions
Replies: 18
Views: 6318

TIAA-Cref variable annuity options - rollover restrictions

My wife just accepted a position with a non-profit offering a 403b plan. She will be fully funding the 403b to the contribution limits - the matching vests immediately and is very generous. The acceptable plan options boil down to: 1) TIAA-Cref variable annuity accounts 2) T Rowe Price Retirement fu...
by Justin618
Mon Apr 05, 2010 3:32 pm
Forum: Personal Consumer Issues
Topic: For the BMW owners - thinking of getting a 3 or 5 series...
Replies: 115
Views: 13763

BMW 335d - great gas mileage and diesel durability
by Justin618
Wed Mar 17, 2010 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Writing a Mortgage for my Mom
Replies: 28
Views: 3164

Why the need to record a Deed of Trust on the property? Your loan to your mom does not have to be secured. A simple demand loan at prime interest (forgiving accrued interest every year as a gift) seems sufficient to me. The loan would be enforceable against her estate were she to pass away while liv...
by Justin618
Thu Mar 11, 2010 11:15 am
Forum: Investing - Theory, News & General
Topic: Why Rebalancing Works
Replies: 50
Views: 8520

Great Article! What about Absent Adam? he just put the $100,000 into VG's balanced index fund (VBINX) and never gave it a second thought - he was skiing during the Dec. 2008 & 2009 meetings. By the way, I annual-rebalance too (rebalancing bands requires more attention and discipline than I care to b...
by Justin618
Wed Mar 10, 2010 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Debit or Credit?
Replies: 83
Views: 12567

100% credit card or cash, for the same reasons as Clark "My take on it is that he doesn't like the fact that someone effectively has access to your checking account." I feel so strongly, that I declined the free Visa debit card that comes with my free-checking account - I just have a standard ATM ca...
by Justin618
Wed Mar 10, 2010 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Chase no-cost refinance
Replies: 26
Views: 12728

Yes, so long as it truly is a "no-cost" refi and not just a "no-cash" refi - where the principal increases to cover the costs. You should start seeing the benefit on day one - no break-even period

Justin
by Justin618
Tue Mar 09, 2010 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Lessons Learned Transferring Funds to Ally Bank
Replies: 5
Views: 2080

I recently made the switch to Ally, first opening a savings account and using that till all of my funds made the transfer before opening CDs. I use a free-checking account with a national bank as my clearing house for bill paying and transferring money - I don't link VG to anything other than that c...
by Justin618
Thu Feb 25, 2010 1:24 pm
Forum: Investing - Theory, News & General
Topic: "Don't Fall For This Fund Industry Trick"
Replies: 10
Views: 3600

More than 90 percent of all investor cash is directed into funds rated four- or five-stars
I found this the most interesting line of the linked article - I guess that 90 percent of all investors disregard the disclaimer on past performance.

Justin