Search found 476 matches

by Daryl
Wed Jan 16, 2019 6:43 am
Forum: Investing - Theory, News & General
Topic: Understanding leverage with call options and futures (LEAPS)
Replies: 7
Views: 665

Re: Understanding leverage with call options and futures (LEAPS)

Instead of using options (LEAPS), I used futures for a couple quarters to add leverage to my portfolio. The impact to my investment returns was negligible (I sold equity index mutual fund shares equal to the notional value of the derivative to maintain my overall asset allocation). The quarterly rol...
by Daryl
Thu Jan 10, 2019 4:34 pm
Forum: Personal Consumer Issues
Topic: Should I get umbrella liability insurance?
Replies: 56
Views: 4734

Re: Should I get umbrella liability insurance?

Renter's Insurance + Excess Liability will probably increase your current premiums by a couple hundred dollars.

Driving is risky, and I believe we all have the responsibility to pay for the damages we cause. That is why I carry liability coverage in excess of the state minimums (well in excess!).
by Daryl
Thu Jan 10, 2019 5:54 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2019 BOGLEHEAD CONTEST [Entry deadline has passed]
Replies: 674
Views: 12450

Re: REGISTRATION FOR 2019 BOGLEHEAD CONTEST

3131.31 - Same as last year. I wasn't wrong in 2018, I was just a year early!
by Daryl
Wed Jan 09, 2019 2:36 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5270

Re: BHers, what is your Roth IRA %?

Tax Free: 64% (Roth + HSA)
Tax Deferred: 30% (401K)

I switched all future contributions to tax deferred accounts. A large Roth balance means I could be in a very low tax bracket in retirement.
by Daryl
Mon Jan 07, 2019 6:28 am
Forum: Investing - Help with Personal Investments
Topic: SPTM mutual fund
Replies: 6
Views: 408

Re: SPTM mutual fund

TDA only has commission-free trades on ~120 ETFs, and no mutual funds. You could purchase VTSAX but you'd have to pay $7 per purchase. Thanks - I guess it’s worth the two minutes it takes to buy SPTM every two weeks. VTSAX isn't available on TD Ameritrade's "No Transaction Fee" list, so trades woul...
by Daryl
Mon Jan 07, 2019 5:52 am
Forum: Investing - Theory, News & General
Topic: What do you do with cash at TD Ameritrade, and TD Private Client Services
Replies: 4
Views: 558

Re: What do you do with cash at TD Ameritrade, and TD Private Client Services

The "30 day rule" mentioned above is a condition of the TD Ameritrade "Commission Free ETF" program. Frequent trading of a "Commission Free" ETF at TD Ameritrade will trigger $7 commissions on both sides of the trade (buy/sell). Most of the time, TD Ameritrade will waive any fee/commission upon requ...
by Daryl
Fri Jan 04, 2019 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer fee for HSA
Replies: 1
Views: 284

Re: Transfer fee for HSA

SPTM SPDR Total Stock Market 40% SPAB SPDR Aggregate Bonds 30% SPDW SPDR Developed World 30% SPEM SPDR S&P Emerging Markets 10% Something doesn't add up! Four funds/ETFs in a HSA seems like a lot. I might recommend taking a step back and deciding on an overall asset allocation. Personally, my HSA b...
by Daryl
Fri Jan 04, 2019 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Tax Correction - Worth It? (Likely Investigation)
Replies: 12
Views: 1114

Re: 2016 Tax Correction - Worth It? (Likely Investigation)

-We are foster parents. Thank you! It must be so awesome to look at your son and say, "I choose you. I love you. I want the very best for you." Foster parenting / adoption is tremendous gift! Here's the problem... I'm rather confident that the birth parents (incorrectly) claimed him for 2016. So......
by Daryl
Sat Dec 22, 2018 5:13 am
Forum: Personal Finance (Not Investing)
Topic: Car Accident Help - Part Backordered and Insurance Refusing to Pay Continued Rental
Replies: 24
Views: 1989

Re: Car Accident Help - Part Backordered and Insurance Refusing to Pay Continued Rental

This is why I always: A: Go through my own insurance agent B: Use a recommended auto body shop (I've actually tried to find one not on my company's list without success....everyone is) Your agent has very little to no influence in the claims process. Some agents are truly extraordinary. When I was ...
by Daryl
Fri Dec 21, 2018 6:54 am
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19522

Re: Favorite Purchase of 2018?

Annual membership to Longwood Gardens. You absolutely must add this stop to your annual pilgrimage to the Boglehead conference! Stay for the illuminated fountain show, come back for the Chrysanthemum festival, and again for the Christmas carol sign-a-long in the ballroom at "A Longwood Christmas". T...
by Daryl
Thu Dec 20, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 248
Views: 21041

Re: Whose buying today? where's all the "dry powder" folks at? :)

I'll probably wait another two weeks or so. I'll rebalance when I make my IRA contribution. I haven't been paying much attention. Are we at a 52 week low yet? I might be able to buy at the best prices of the year!
by Daryl
Thu Dec 20, 2018 6:26 am
Forum: Investing - Help with Personal Investments
Topic: Will you contribute all $6,000 to IRA in Jan or DCA?
Replies: 32
Views: 1959

Re: Will you contribute all $6,000 to IRA in Jan or DCA?

I make my annual IRA contribution on the first trading day of the year.

At this point in my investing career, I doubt the difference between a lump sum of $6K and DCA the same amount will have a material impact on my retirement.
by Daryl
Thu Dec 20, 2018 5:40 am
Forum: Investing - Help with Personal Investments
Topic: Average expense ratios
Replies: 13
Views: 997

Re: Average expense ratios

The weighted average expense ratio of my portfolio is 0.038%. There was a thread a while ago in which a lot of members quoted average expense ratios that were much, much lower than that!
by Daryl
Sun Dec 16, 2018 7:43 pm
Forum: Personal Consumer Issues
Topic: Fitness tracker for runner
Replies: 13
Views: 1067

Re: Fitness tracker for runner

What type of runner are you? Are you training for the 100M dash, or something a little longer? The GPS based watches are nice because they will automatically display mile split times, and most of them will pause if you get stuck at a traffic light!
by Daryl
Fri Dec 14, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Which asset class is down the most for you?
Replies: 26
Views: 2293

Re: Which asset class is down the most for you?

Bitcoin.

Just kidding! I lacked the courage / conviction to take any position (long or short) last year. I still have no idea what it will do next. Instead, I'll just keep plugging along with my "boring" equity / fixed income portfolio.
by Daryl
Thu Dec 13, 2018 5:24 am
Forum: Personal Consumer Issues
Topic: Is a New Car Okay if Driven 15+ Years?
Replies: 91
Views: 7448

Re: Is a New Car Okay if Driven 15+ Years?

The oldest vehicle in my fleet is a 2017 Honda Civic, so I might be a little biased towards buying new! Buying new means I get the color / option package exactly how I want it. I'm at the point in my life where I expected annual volatility in the stock market easily exceeds the periodic expense of r...
by Daryl
Wed Dec 12, 2018 9:27 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5749

Re: Lyft driver got into an accident, but denies it

I just know insurance companies generally don't like to pay if they can get out of paying. I work at an insurance company and we've written policies for a large, well known ridesharing company. Ultimately, our goal is to identify the losses that fall within the terms of the policies that we write a...
by Daryl
Wed Dec 12, 2018 7:28 am
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5749

Re: Lyft driver got into an accident, but denies it

To those advocating for calling the police... they won't necessarily show up in this case. Assuming you are in the US - if you tell them you are in a passenger in a ride share, may have been injured, and there seems to be a communication problem between the two drivers, I would be surprised if they...
by Daryl
Wed Dec 12, 2018 6:23 am
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5749

Re: Lyft driver got into an accident, but denies it

Sorry to hear about this trip - a car accident and an unrelated incident involving two broken ribs sounds like a tough week!
by Daryl
Sun Dec 09, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: are pre-fabricated / manufactured homes a bad investment?
Replies: 99
Views: 6785

Re: are manufactured homes a bad investment?

I do a lot of charity work,repairing homes for low income families. Mobile homes (especially on the used market), typically don't have sufficient insulation (leading to high energy bills) and high lot fees. The used market may also have significant deferred maintenance issues that will need to be ad...
by Daryl
Thu Dec 06, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Using options in a retirement portfolio
Replies: 27
Views: 1443

Re: Using options in a retirement portfolio

OP might want to consider the Vanguard Personal Advisor Services. The annual fee is reasonable and it can be handy to have a certified financial planner to talk to when first getting started. Ideally this would be an opportunity to move money to lower cost funds while learning a little more about pe...
by Daryl
Tue Dec 04, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why Is Insurance Worth It (Analytically)?
Replies: 89
Views: 4376

Re: Why Is Insurance Worth It (Analytically)?

I feel it has a second, perhaps more important aspect. If, by my actions or inactions, I injure somebody, or even just damage their property, the responsible thing, the right thing, is for me to compensate them, although money can never completely compensate for an injury or a death. Therefore, I v...
by Daryl
Sat Dec 01, 2018 6:49 am
Forum: Investing - Theory, News & General
Topic: Federal Reserve Report: Millennials are poorer than previous generations
Replies: 17
Views: 2244

Re: Federal Reserve Report: Millennials are poorer than previous generations

As for the original topic, I think student loans are a factor. The graph shows expenditures, so I assume this is what's left after that $800 loan payment. Additionally, graphing expenditures is kind of pointless unless we adjust for family size. Millennials are waiting longer to start having famili...
by Daryl
Sun Nov 25, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: Networth to buy a dual turboprop aircraft?
Replies: 72
Views: 9258

Re: Networth to buy a dual turboprop aircraft?

That school leases their base 172 for $890/10 hour block ($95/hour)...at those prices I'm not sure if it's ever worth it to buy even something as old as a 150. That same 172 would rent for ~$150 in my area. Did OP ever say if he/she needed to fly in Marginal VFR or IFR conditions? FIKI conditions?
by Daryl
Wed Nov 21, 2018 7:07 am
Forum: Investing - Theory, News & General
Topic: What to do when you have Less than 100K ? say just 50k
Replies: 36
Views: 4098

Re: What to do when you have Less than 100K ? say just 50k

If I were in "the unfortunate position of being in my 30s and having saved up only 50[k]", I'd contact my local chapter of Habitat for Humanity and offer to volunteer a couple of times. I'd be interested in hearing from the men / women that regularly serve their community, and the families that are ...
by Daryl
Tue Nov 20, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 139
Views: 14776

Re: Didn't buy Bitcoin at $4600

I realize this thread is a year old; however, if you had any regrets about not buying when Bitcoin was $4,600, you might get a second chance (I'm still not buying!)
by Daryl
Tue Nov 20, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 167
Views: 14571

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

My year-end prediction may have been a bit premature (3131.31). I'll be carrying that forward to next year!

After all these months, VictoriaF has returned to the top of the leaderboard!
by Daryl
Sat Nov 10, 2018 6:26 am
Forum: Investing - Theory, News & General
Topic: SWAN ETF - 10% Leaps / 90% Treasuries
Replies: 24
Views: 2088

Re: SWAN ETF - 10% Leaps / 90% Treasuries

I know they are just buying call options, but aren't there a couple scenarios where these expire worthless (stocks are flat or negative)? It seems this strategy would offer a couple options on how I can turn $100 into $90! How would this compare to a 70/30 allocation, adjusted for fees? Is the only ...
by Daryl
Mon Oct 29, 2018 6:38 pm
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3677

Re: How much does a car need to be driven?

HueyLD wrote:
Mon Oct 29, 2018 3:27 pm
You need a battery tender with solar panel to charge your battery. You can google "solar car tender battery charger."
My flying club has this setup for one of our aircraft. Works wonderfully!
by Daryl
Sat Oct 27, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: First time home buyer ... help ! [with mortgage choices]
Replies: 15
Views: 1534

Re: First time home buyer ... help !

How long do you plan on staying in this home? Assuming less than 10 years, I know which I'd pick!

On second thought, the difference between the 15 year fixed and the ARM doesn't seem like much. I like fixed rates when I'm the borrower. If necessary, I can always refinance later.
by Daryl
Sat Oct 27, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Car hit while parked, no note, just want damages as cash from insurance
Replies: 18
Views: 2947

Re: Car hit while parked, no note, just want damages as cash from insurance

Did you file a police report? Most likely your insurance will want to see this then cover you under uninsured which is usually a lower deduction Most states / insurance companies will require the contact information for the other driver before accepting a uninsured / underinsured motorist claim. I ...
by Daryl
Sat Oct 27, 2018 6:31 am
Forum: Investing - Theory, News & General
Topic: 2018 Hedge Fund contest
Replies: 176
Views: 20196

Re: 2018 Hedge Fund contest

grok87 wrote:
Sat Oct 27, 2018 5:39 am
looks like the results are broken right now?
Blame Eddie Lampert!

Was Sears delisted?
by Daryl
Sat Oct 27, 2018 5:59 am
Forum: Personal Finance (Not Investing)
Topic: How To Handle Auto Accident Insurance Company Letter
Replies: 29
Views: 3904

Re: How To Handle Auto Accident Insurance Company Letter

First - How is the bus involved? Was the the operator of a commercial vehicle responsible for the damages that you and your wife suffered? If this was a multi-vehicle incident involving significant property damage and bodily injury, I'd be seeking all appropriate medical care and then seeking qualif...
by Daryl
Fri Oct 26, 2018 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Car hit while parked, no note, just want damages as cash from insurance
Replies: 18
Views: 2947

Re: Car hit while parked, no note, just want damages as cash from insurance

JGoneRiding wrote:
Fri Oct 26, 2018 8:24 pm
Did you file a police report? Most likely your insurance will want to see this then cover you under uninsured which is usually a lower deduction
Most states / insurance companies will require the contact information for the other driver before accepting a uninsured / underinsured motorist claim.
by Daryl
Tue Oct 23, 2018 4:44 am
Forum: Personal Finance (Not Investing)
Topic: Should I own my home through an LLC?
Replies: 20
Views: 2862

Re: Should I own my home through an LLC?

FIREchief wrote:
Tue Oct 23, 2018 4:19 am
Does umbrella liability coverage really pay out if a person rents their house out?
Most personal lines insurance policies exclude commercial activities. I'd recommend everyone read their policy and speak with a qualified agent / broker before assuming coverage exists.
by Daryl
Sun Oct 21, 2018 6:25 am
Forum: Personal Consumer Issues
Topic: Selling to CarMax if maintenance light is on?
Replies: 33
Views: 3073

Re: Selling to CarMax if maintenance lights on?

Rotate tires, and check tire pressure and condition. Replace air cleaner element, check drive belt, and replace dust and pollen filter. Replace oil, oil filter and check "various systems and components" Just as a point of reference, most of these items can be completed in your driveway for less tha...
by Daryl
Sun Oct 21, 2018 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Kitces link: The Spectrum of Financial Dependence and Independence
Replies: 30
Views: 3616

Re: Kitces link: The Spectrum of Financial Dependence and Independence

Level 7: Retirement savings, education savings, and avoidance of consumer and auto debt. You still rely on bosses and customers, but you can foresee a time when your current savings will open up a new level of independence for you and your family. This is the most realistic goal for most people. Th...
by Daryl
Sun Oct 21, 2018 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Best Investments for an HSA account using TD Ameritrade
Replies: 6
Views: 902

Re: Best Investments for an HSA account using TD Ameritrade

I am in my late-20s, and am hoping to hold this investment for the next forty or so years. At the same time, you never know when a health emergency will come up so I am not looking to take on too much risk. Before choosing any investments, the first step really is determining what would cause you t...
by Daryl
Fri Oct 19, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: Avoiding Wash Sale: FSTVX -> ITOT
Replies: 7
Views: 1023

Re: Avoiding Wash Sale: FSTVX -> ITOT

What would it look like if you decided to plot the total return of these two funds on a chart? Are they "substantially identical"? By asking this question it would seem that you already feel that these are very similar, and you are concerned that you make be about to do something wrong. The IRS has ...
by Daryl
Fri Oct 19, 2018 5:37 pm
Forum: Personal Consumer Issues
Topic: Selling to CarMax if maintenance light is on?
Replies: 33
Views: 3073

Re: Selling to CarMax if maintenance lights on?

I recently sold a car to CarMax. They asked me some general questions about my car and then took it back for their inspection. I was able to watch part of the process from their waiting room. Their inspection seemed reasonable. When they shared their offer with me, they noted some of the recent repa...
by Daryl
Fri Oct 19, 2018 5:51 am
Forum: Investing - Help with Personal Investments
Topic: What if your risk tolerance is lower than what's best for your portfolio?
Replies: 51
Views: 4012

Re: What if your risk tolerance is lower than what's best for your portfolio?

I just hate losing money, even if it's only paper losses, especially now that I'm semi-retired. (I've lived through bears and recessions and don't panic sell. But my mood goes south.) I wish we spoke more about the emotional aspect of investing because it is almost impossible to understate it's imp...
by Daryl
Thu Oct 18, 2018 3:52 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8723

Re: When to change tires; and what brand

2/32nds. At that point the car fails to pass my annual state safety inspection. The brand varies based on the estimated useful life of the car. I'm always looking for a good value, which means that I'm willing to pay a couple extra dollars for a better product, but I typically avoid the top echelon....
by Daryl
Mon Oct 15, 2018 5:52 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36946

Re: free dinner investing seminar

Scrapr wrote:
Sat Oct 13, 2018 11:55 pm
I am not declaring this on my 1040 :moneybag :sharebeer
Why not? You seem to understand that this is "income".
by Daryl
Sun Oct 14, 2018 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Non-profit investing
Replies: 5
Views: 346

Re: Non-profit investing

What do your donors think of the idea? I'm on the Board of a smaller non-profit (about 60 members); however, our operations are very capital intensive. Our major donor was very interested in seeing our organization investing in "high dividend yield" equities, especially with lower market capitalizat...
by Daryl
Tue Oct 09, 2018 5:11 am
Forum: Investing - Help with Personal Investments
Topic: When to buy some form of US bonds?
Replies: 6
Views: 1043

Re: When to buy some form of US bonds?

My investing strategy is simple. I assume that I'm the dumbest person in the room. Everything I know is based on "fake news" and other lies. The odds are that if I pick an asset allocation, and stick with it, I'll be just fine in the end.
by Daryl
Tue Oct 09, 2018 4:50 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate/state your income?
Replies: 13
Views: 1253

Re: How do you calculate/state your income?

Depends if I'm on a date or talking to the IRS!

Since I work for Megacorp, I think of income in terms of Social Security / Medicare wages from my W-2. This is before the deduction for 401K contributions.
by Daryl
Mon Oct 08, 2018 6:15 am
Forum: Investing - Help with Personal Investments
Topic: vix option how to buy costs and returns [CBOE Volatility Index]
Replies: 4
Views: 391

Re: vix option how to buy costs and returns [CBOE Volatility Index]

Im 59 semiretired 300k cash/realestate/401k total assets and nodebt, and empty nester Is your total net worth $300k? If so, I really would like to understand your retirement / legacy goals. While you have much, much more than a lot of people, your current nest egg would not fund the type of retirem...
by Daryl
Sat Oct 06, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Level of Auto Insurance to carry
Replies: 35
Views: 1930

Re: Level of Auto Insurance to carry

Not my experience over lat 40 years. Saved a lot with high deductible collision and comprehensive. Insurance is very local, but in my area, increasing / decreasing comp/collision deductibles really didn't have a meaningful impact on annual premiums. I live in Lake Wobegon, where all the drivers are...
by Daryl
Thu Oct 04, 2018 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Micro Question for a Micro Amount of Money
Replies: 10
Views: 775

Re: Quick Micro Question for a Micro Amount of Money

Hello, I just opened a Roth at Fidelity that I plan to start funding with anywhere from $100-$1000 a month, which I kicked off with my first $400. I planned to put this into a single index fund like a Large Blend 500, but I see I need $2500 minimum to start FUSEX. Is there another index you might r...
by Daryl
Wed Oct 03, 2018 5:27 am
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5729

Re: Landlord wants to raise rent, but is asking if he can?

Every good, experienced landlord knows that there is nothing more expensive in real estate investing than vacancy. Better to have a unit that is slightly below "market rents" and a great tenant than an empty unit earning nothing. The best time to increase rents is with the natural turn-over of the u...