Search found 375 matches

by Daryl
Thu Feb 08, 2018 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Why does my wife have this portfolio?
Replies: 32
Views: 3752

Re: Why does my wife have this portfolio?

With few exceptions, it doesn't seem to make sense to talk about "his" and "her" portfolios. I'm old-fashioned; however, it would seem that you only have one pot of money now - "our money". Part of this joint portfolio has some legacy holdings, and perhaps an uncomfortably high expense ratio or two....
by Daryl
Tue Feb 06, 2018 6:25 am
Forum: Investing - Theory, News & General
Topic: Short NVDA?
Replies: 11
Views: 855

Re: Short NVDA?

I am, but only in the Bogleheads hedge fund contest where I'm currently mid-pack.
Contest Standings
by Daryl
Fri Feb 02, 2018 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Another Bunch Umbrella Insurance Questions
Replies: 9
Views: 582

Re: Another Bunch Umbrella Insurance Questions

Umbrella insurance really is to pay for damages caused by you/your household that you are unable / unwilling to pay for out of personal assets. I carry umbrella out of consideration of everyone I share the road with. I also carry uninsured/under insured motorist, under the assumption that most drive...
by Daryl
Fri Jan 26, 2018 6:07 am
Forum: Personal Finance (Not Investing)
Topic: What will you do with your tax refund?
Replies: 46
Views: 2934

Re: What will you do with your tax refund?

I'm hoping to buy lunch; however, I'll probably have to chip in a couple dollars from my normal monthly budget. Tax refund/payment is likely to be less than $5.
by Daryl
Thu Jan 25, 2018 6:40 am
Forum: Investing - Theory, News & General
Topic: Dalio says bonds have entered a bear market
Replies: 96
Views: 9376

Re: Dalio says bonds have entered a bear market

Buying bonds today is less scary if we assume that the present value of the Total Bond Market reflects the consensus view (estimate/projection) of inflation and interest rate changes over the intermediate term for high quality fixed income investments. I'm OK with that assumption, and will keep buyi...
by Daryl
Tue Jan 23, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?
Replies: 95
Views: 8087

Re: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?

I try to maintain a "low volatility" lifestyle, which means most of my income / expenses are fairly predictable. A lot of the earlier posts mentioned housing related expenses (especially repairs!). I rent so that I avoid these large, unexpected expenses! In an extreme situation, my checking account ...
by Daryl
Tue Jan 23, 2018 5:31 am
Forum: Personal Consumer Issues
Topic: Tax preparation amount charged
Replies: 16
Views: 1255

Re: Tax preparation amount charged

In most cases, there isn't a lot of risk in doing your taxes yourself. If you make a mistake, the IRS is likely to send you a letter explaining the error and what needs to be done to fix it. The real value in hiring a tax professional isn't the compliance work that we've been discussing, rather it i...
by Daryl
Sat Jan 13, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: Telematics and Auto Insurance
Replies: 13
Views: 827

Re: Telematics and Auto Insurance

I have one and save less than 10% on my premiums. Based on my last "report card", I don't know how to make a left turn safely!
by Daryl
Sat Jan 13, 2018 5:00 am
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 71
Views: 4026

Re: Poll: BHs who rent - what % of gross do you spend on rent?

Almost 20%, including cable / internet / all utilities (1 fixed monthly bill). I live next to Vanguard's HQ in PA.
by Daryl
Fri Jan 12, 2018 6:47 am
Forum: Investing - Theory, News & General
Topic: 2018 Boglehead Contest Charts
Replies: 2
Views: 466

Re: 2018 Boglehead Contest Charts

I kept guessing too low in prior years, so I picked a higher number for 2018. I won't complain if I won (or some of the members with much higher guesses!); however, none of this is going to impact my asset allocation.
by Daryl
Wed Jan 10, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with a 25 million windfall?
Replies: 47
Views: 2939

Re: What would you do with a 25 million windfall?

$24.5M donation to The John C. Bogle Center for Financial Literacy
by Daryl
Tue Jan 09, 2018 6:27 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 144
Views: 8739

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

Moolala wrote:
Sun Jan 07, 2018 9:28 pm
I guessed 28992. I may have forgotten a decimal. :oops:
If you win, we all win! At 35 years old, I'll be joining the retirement class of 2018!
by Daryl
Thu Jan 04, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: After tax 401k mega Roth conversation timing.
Replies: 4
Views: 250

Re: After tax 401k mega Roth conversation timing.

When I did this in 2016, part of my "After Tax 401K" was contributions and part was earnings. My 401K provider was able to send me two checks and I sent one to my Roth IRA and the other to my Traditional IRA.
by Daryl
Tue Jan 02, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: 2018 Hedge Fund contest
Replies: 126
Views: 8780

Re: 2018 Hedge Fund contest

Blockchain Technologies
^ Included "Blockchain" in the name in order to justify my high fees!

Long:
AAPL
AMZN
XOM

Short:
NVDA
AMD
TSLA
by Daryl
Sun Dec 31, 2017 3:30 pm
Forum: Personal Consumer Issues
Topic: Car headlights or Daytime Running Lights - what do you do?
Replies: 62
Views: 3818

Re: Car headlights or Daytime Running Lights - what do you do?

I let my car decide! While I sit in the driver's seat, I'm just another passenger. (DRL at a minimum, headlights when the car senses that it is "dark")
by Daryl
Sat Dec 30, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: What is your threshold for paying down debt?
Replies: 89
Views: 5978

Re: What is your threshold for paying down debt?

I would personally never borrow on margin primarily for investment purposes (maybe to address a cash flow issue or for short term financing like a bridge loan) Same. Most of my accounts are margin enabled for emergency cash flow purposes, providing a little extra breathing room and a couple extra d...
by Daryl
Sat Dec 30, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: What is your threshold for paying down debt?
Replies: 89
Views: 5978

Re: What is your threshold for paying down debt?

2.25% (fixed) <-- The rate of my student loans. All other debt is lower than this rate, and fixed.

I've considered opening an Interactive Brokers Margin Account; however, I'm uncomfortable with variable rates and the fact that they would be able to liquidate any of my positions at their discretion.
by Daryl
Sat Dec 30, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: When do true-up employer 401k contributions occur?
Replies: 14
Views: 782

Re: When do true-up employer 401k contributions occur?

My megacorp posts the true-up in March/April of the following year, around the same time that bonuses are paid.
by Daryl
Fri Dec 22, 2017 11:20 am
Forum: Investing - Theory, News & General
Topic: Who missed out on maximizing 401k?
Replies: 62
Views: 5780

Re: Who missed out on maximizing 401k?

Never an issue!

I'll hit the max in Q2/Q3 most years. Mega-corp has a true-up of the company match, paid the following year. The combination of that true-up and front loading my contributions means that my 401K balance is pretty stagnant throughout the second half of the year!
by Daryl
Sat Dec 16, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin futures with Fidelity
Replies: 25
Views: 2583

Re: Bitcoin futures with Fidelity

Fidelity does not offer futures. You can buy futures at other (but not all) discount brokers. TDA, IB, Schwab, ETrade offer futures. IB does not currently allow shorting bitcoin futures, although you can short other types of futures there. I don't know what other brokers are offering. TDA will allo...
by Daryl
Sat Dec 16, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: When to move into bonds
Replies: 53
Views: 5309

Re: When to move into bonds

I'd make the change on Monday. A 20% decline in equities over a relatively short period of time is considered reasonable, normal, and even healthy. With your $1.4M portfolio, that is almost $0.3M! To put this another way, that is more money than I earn in several years of working. I've added a signi...
by Daryl
Sat Dec 16, 2017 5:55 am
Forum: Personal Consumer Issues
Topic: New Car - Always use parking brake ?
Replies: 72
Views: 7101

Re: New Car - Always use parking brake ?

Now most new cars do not have separate parking brake pads. The parking brake deployment actually rotates and adjusts the rear brake pads when you apply and release the parking brake. Disc brake pads do not "rotate." They sit in a groove and are pressed firmly onto the disc when braking. The brakes ...
by Daryl
Sat Dec 09, 2017 7:18 am
Forum: Personal Consumer Issues
Topic: Danger of being a helicopter pilot?
Replies: 40
Views: 3997

Re: Danger of being a helicopter pilot?

Do you have any time logged in any other types of aircraft? Licensees / certificates? I'm a Private Pilot (ASEL - Airplane Single Engine Land). I love flying and would encourage everyone to sit in the cockpit at least once in their life. There is nothing quite like your first time taking the control...
by Daryl
Sun Dec 03, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance when assets mainly in trusts
Replies: 34
Views: 1804

Re: Umbrella insurance when assets mainly in trusts

Are you considering umbrella insurance for asset production purposes, or to ensure that any individual who could be injured through your acts/omissions receives some financial compensation to help restore them (to the extent possible) to their pre-accident condition?
by Daryl
Thu Nov 30, 2017 10:45 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEAD CONTEST -- November
Replies: 6
Views: 937

Re: BOGLEHEAD CONTEST -- November

11 months ago I thought I was bullish. Now I'm solidly in the wrong column!
by Daryl
Fri Nov 17, 2017 9:39 pm
Forum: Investing - Theory, News & General
Topic: Marijuana stocks
Replies: 11
Views: 1431

Re: Marijuana stocks

I own some. That is the beauty of the Total Stock Market Index!
by Daryl
Wed Nov 15, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on commercial liability insurance
Replies: 9
Views: 675

Re: Advice on commercial liability insurance

Most definitely. The claimant will name both the business and the driver (you) in any lawsuit. Any agent/broker worth working with will help you understand your exposure and recommend the best policies for your unique circumstances. It wouldn't hurt to take those policies to another agent/broker for...
by Daryl
Wed Nov 15, 2017 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Scooter insurance for a 20 year old college student
Replies: 22
Views: 1432

Re: Scooter insurance for a 20 year old college student

Consider enrolling him in a motorcycle safety class. There is a lot to know about lane position, collision avoidance and escape tactics. If this gives you a discounted rate, great. Either way it will be safer for him. I’ve been riding since I was a teenager- 50 years just about. No accidents. +1 I ...
by Daryl
Tue Nov 14, 2017 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Scooter insurance for a 20 year old college student
Replies: 22
Views: 1432

Re: Scooter insurance for a 20 year old college student

Just to provide some context, I have a 1,500cc motorcycle. Liability coverage is less than $120 / year with a national insurance carrier. I also have auto, renters, and excess liability with the same carrier.
by Daryl
Tue Nov 14, 2017 7:06 pm
Forum: Personal Consumer Issues
Topic: Did you want to set up a payment plan for that?
Replies: 19
Views: 2562

Re: Did you want to set up a payment plan for that?

We needed a mattress a couple of years back. The sales guy could not imagine anyone with the ability to pay cash for a ~$1000 mattress. Whatever. A couple I know were in the market for a new home. They had a meeting with the builder and he was going through the different lots that were available, o...
by Daryl
Tue Nov 14, 2017 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance Provider Recommendations
Replies: 6
Views: 694

Re: Umbrella Insurance Provider Recommendations

Another renter checking in, though I do own a car. Honestly, the premiums associated with a renter's policy + umbrella are minimal compared to my net worth. I serve on a non-profit board and my personal policies provide some coverage above/beyond what the non-profit carries to protect itself.
by Daryl
Mon Nov 13, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance
Replies: 8
Views: 1141

Re: Umbrella insurance

How much coverage are we talking about? Premiums associated with typical umbrella policies probably don't vary a lot between different carriers, and I'd rather work with one company if I ever had a claim that exceeded the policy limits of the underlying policy. For most people, I'm assuming coverage...
by Daryl
Sun Nov 12, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 150
Views: 14299

Re: How old are you and how much do you save for retirement a year

I'm 34. Expenses are about half of my gross income. I save the rest.
by Daryl
Fri Nov 10, 2017 5:53 am
Forum: Personal Finance (Not Investing)
Topic: $23k credit card emergency
Replies: 76
Views: 8876

Re: $23k credit card emergency

my immigrant mother Any possibility your mom could help out? A lot of children can "refinance" credit card debt with the bank of mom and dad @ 0% fixed for life! Another option, you could offer to pay her half the rate of the credit cards. She is unlikely to earn a higher return elsewhere and she w...
by Daryl
Wed Nov 01, 2017 4:50 am
Forum: Personal Consumer Issues
Topic: Honda Care Extended Warranty experience?
Replies: 53
Views: 29208

Re: Honda Care Extended Warranty experience?

I bought the warranty on my 2017 Civic Touring. It is cheap insurance; however, like any insurance, I'm still hoping that I don't have any claims (especially life insurance!).
by Daryl
Thu Oct 26, 2017 9:11 pm
Forum: Personal Consumer Issues
Topic: Fix or replace my vehicle
Replies: 33
Views: 1758

Re: Fix or replace my vehicle

finite_difference wrote:
Thu Oct 26, 2017 8:38 pm
I think Bogleheads are unanimous on this one :)
Just wait for the follow-up, "What kind of car should I buy?"
Approved choices include: Honda Civic/Accord, Toyota Camry, Tesla, anything German (in that order)
by Daryl
Thu Oct 26, 2017 5:43 am
Forum: Investing - Theory, News & General
Topic: The case against leverage...
Replies: 14
Views: 1725

Re: The case against leverage...

The margin requirement for the S&P 500 emini is about $7K (ThinkOrSwim / IRA), which provides almost $130K in equity exposure. Using leverage means you need to be aware of all possible outcomes and have a well thought out plan for negative returns. "The market can remain irrational longer than you c...
by Daryl
Mon Oct 23, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: what is your weekly workout routine?
Replies: 68
Views: 5006

Re: what is your weekly workout routine?

Monday - 6 Mile Run, 10 minutes of upper body "band" work & push-ups Tuesday - 5 Mile Run. 10 minutes of upper body "band" work & push-ups Wednesday - Off Day Thursday - 6 Mile Run. 10 minutes of upper body "band" work & push-ups Friday - 5 Mile Run, 10 minutes of upper body "band" work & push-ups ...
by Daryl
Mon Oct 16, 2017 7:58 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 549
Views: 57529

Re: Fellow TDA bogleheads

This is disappointing, but am I the only one who will stay? How often are you buying/selling/rebalancing? I do it a couple times a year, and at $7 a trade, this isn’t too bad. Probably about a dozen trades. About every other month I have enough in my HSA or IRA to add a couple extra shares. I hate ...
by Daryl
Sun Oct 15, 2017 4:40 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 8288

Re: What are you driving? And would you buy your current ride again?

1998 Toyota Camry - bought from friends who had it since 1998 (several months old - demonstrator) in November 2015 - only has about 81,000 original miles. Meets most of our needs well. We do not take many long trips any more, but drove last weekend to and from a wedding 200 miles away (400 miles ro...
by Daryl
Sun Oct 15, 2017 11:47 am
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 8288

Re: What are you driving? And would you buy your current ride again?

I traded in my 2007 Honda Civic EX 270,000 miles at the end of February, and I bought a new 2017 Honda Civic Ex. Just hope I can get the same mileage out of this car. If I was averaging 27K miles annually, I'l probably spend a little more than $20K on a car; however, the new Civics really are aweso...
by Daryl
Mon Oct 09, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: Buy when there's blood in the streets!
Replies: 39
Views: 6800

Re: Buy when there's blood in the streets!

Like livesoft, bonds are an important part of my investment philosophy. They are there so I can sell them and maintain my desired equity allocation by buying more VTI (Vanguard Total Market Index) on really bad days, weeks, months, or years!
by Daryl
Mon Oct 09, 2017 10:14 am
Forum: Investing - Theory, News & General
Topic: Financial Calculations for Boglehead Presentation
Replies: 14
Views: 1628

Re: Financial Calculations for Boglehead Presentation

But, this is the classic calculation of tax-adjusted interest rates (your 2.25% goes to something like 1.6%), return on investments (can you get > 2.25% guaranteed? Remember, you have to tax adjust your investments, too!) and cash flow (what does my monthly budget consist of?) to determine whether ...
by Daryl
Mon Oct 09, 2017 7:00 am
Forum: Investing - Theory, News & General
Topic: Financial Calculations for Boglehead Presentation
Replies: 14
Views: 1628

Re: Financial Calculations for Boglehead Presentation

Just a quick word of caution as someone in the target demographic. I'm 34 w/ approximately $35K in total debt. It doesn't always make financial sense to pay it down as quickly as possible! My loan with the highest interest rate is @ 2.25% (fixed, about 10 years remaining). My largest debt is @ 0.9% ...
by Daryl
Sat Oct 07, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 7525

Re: Has your "risk tolerance" been tested?

Nope, and that worries me. I graduated college in 2006, so I really didn't have much invested in 2008-2009. A decade later and I'll lose a boatload of money in the next bear market.
by Daryl
Fri Oct 06, 2017 6:26 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 17176

Re: Bogle himself is saying we will expect like 3% for the next decades

I'm an "early accumulator". Low single digit growth, or even negative growth would be fine by me. I'll keep picking up shares at these prices. Over the next 25 - 35 years, I expect that equities will turn out OK.
by Daryl
Thu Oct 05, 2017 5:04 am
Forum: Personal Consumer Issues
Topic: accounting software for churches?
Replies: 24
Views: 1955

Re: accounting software for churches?

We use Quickbooks (not the online version). It works fairly well. The issue with it is it's not the best for fund accounting. I've thought about looking for an alternative built for churches or non profits, but I would be concerned about reliability. Do you have multiple users? Our organization is ...
by Daryl
Sun Oct 01, 2017 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay down some credit card debt?
Replies: 19
Views: 1452

Re: Should I pay down some credit card debt?

Are you 34 years old (guessing from your username)? Do you have any other debt? The vast majority of the posters on this forum would be envious of your position (i.e., to be that young and to have a positive net worth). I agree with everyone else - paying of those credit cards is an "emergency". Wit...
by Daryl
Thu Sep 28, 2017 5:50 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 16472

Re: Why do you LBYM? Why do you save and invest?

One simple word: Contentment. I'm content with my current lifestyle. I have the time/energy to volunteer in my community and the resources to pursue some incredible hobbies. If I wasn't content, I'd probably spend some more! I've been very lucky in life in that I have a career that has provided more...
by Daryl
Sun Sep 24, 2017 6:39 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 12931

Re: Lifestyle Creep

I'm transitioning from single engine planes (Cessna 152/172) to gliders. Not having an engine saves a lot of gas money! First solo was yesterday.