Search found 113 matches

by bubbly
Mon Feb 22, 2021 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Exempt Muni bond-do I pay state taxes on dividends
Replies: 14
Views: 1019

Re: Tax Exempt Muni bond-do I pay state taxes on dividends

I have never tried to deduct the Illinois portion and after reading page 4 of what Makefile has provided, I think it's plainly stated that you can't do this for Illinois if the tax exempt dividends came from a mutual fund (someone feel free to correct me if I am wrong): Income from state and local o...
by bubbly
Sat Feb 20, 2021 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 414
Views: 30786

Re: H&R Block 2020 software offer

The Amazon offer of Deluxe+State is still available for $22.50 (Tax not included). Pretty surprised I was still able to catch this deal so late this year.
by bubbly
Tue Feb 09, 2021 1:33 pm
Forum: Personal Consumer Issues
Topic: Costco rotisserie chicken
Replies: 156
Views: 30364

Re: Costco rotisserie chicken

The only issue for the rotisserie chicken is the high salt content. The whole bird is roughly double your recommended daily intake for sodium. I wish they had a low sodium option, to open up the market for people that are monitoring their blood pressure.
by bubbly
Fri Feb 05, 2021 2:02 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4027
Views: 192781

Re: [GameStop GME trading mega-thread]

After all was said and done, I calculated my losses at around 1.35k at an initial investment of 2.1k (I am generally very risk averse). If it were not for the travel restrictions this year, I don't think I would have made that gamble - the increase in savings rate due to travel restrictions and just...
by bubbly
Thu Feb 04, 2021 10:55 am
Forum: Personal Investments
Topic: robinhood is getting sued - should i get my money out asap?
Replies: 103
Views: 8851

Re: robinhood is getting sued - should i get my money out asap?

I think that even if you use RH, you should use a more established brokerage for your main positions. As others mentioned, Vanguard doesn't offer leveraged ETFs but I can't imagine these and other risky investments to take up a very significant percentage of your overall assets. It's a newer company...
by bubbly
Thu Feb 04, 2021 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Take out 401k loan, defer bonus to repay it?
Replies: 9
Views: 362

Re: Take out 401k loan, defer bonus to repay it?

There is a risk here too. I think for most people, the bonuses are only paid if you are still employed. So in the unlikely chance you get laid off, you might not be able to count on that bonus. In addition, I think most 401k loans are also due shortly or require an aggressive payment plan once you a...
by bubbly
Sat Jan 30, 2021 10:27 am
Forum: Personal Finance (Not Investing)
Topic: What to do with State Tax Refund
Replies: 4
Views: 273

Re: What to do with State Tax Refund

Are you saying that you elected to have your refund from tax year 2019 applied to tax year 2020 and now find yourself not filing at all for 2020? I don't think I elected to do that but I can't be sure. I got a check for the actual refund originally back in May or June but it seems like I must have ...
by bubbly
Sat Jan 30, 2021 10:19 am
Forum: Personal Finance (Not Investing)
Topic: What to do with State Tax Refund
Replies: 4
Views: 273

Re: What to do with State Tax Refund

Are you saying that you elected to have your refund from tax year 2019 applied to tax year 2020 and now find yourself not filing at all for 2020? I don't think I elected to do that but I can't be sure. I got a check for the actual refund originally back in May or June but it seems like I must have ...
by bubbly
Sat Jan 30, 2021 10:15 am
Forum: Personal Finance (Not Investing)
Topic: What to do with State Tax Refund
Replies: 4
Views: 273

What to do with State Tax Refund

Hi there, I wanted to ask about how to handle a small state tax refund. I had to file numerous state tax forms last year since I traveled quite a bit in 2019. I got a very small (<$100) tax refund from one of those states. However, since 2020 had travel restrictions due to covid, I will no longer ne...
by bubbly
Wed Jan 13, 2021 8:17 am
Forum: Investing - Theory, News & General
Topic: The Most Concentrated Market in 40 Years
Replies: 74
Views: 7484

Re: The Most Concentrated Market in 40 Years

Doesn't look too crazy if you go back further in time: https://i.imgur.com/GrwCj5r.png Not sure that 2001 and 1972 were the best times for stock investing... Or 1929... Sure let's just ignore all of 1940-1970 then That period of 1940-1970 is an interesting outlier. I would venture to guess that due...
by bubbly
Tue Jan 12, 2021 4:52 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3909
Views: 299934

Re: Small Cap Value heads Rejoice !!!

Another great day for IJS/VIOV :beer
by bubbly
Tue Jan 12, 2021 9:05 am
Forum: Investing - Theory, News & General
Topic: 2020 was a great year for individual stock pickers
Replies: 63
Views: 4845

Re: 2020 was a great year for individual stock pickers

Every year is a great year for individual stock pickers if you know which stocks to pick :mrgreen:
by bubbly
Tue Sep 08, 2020 11:22 am
Forum: Personal Consumer Issues
Topic: Just Ordered Peloton Bike
Replies: 194
Views: 19582

Re: Just Ordered Peloton Bike

So good news on this. The price for the bike has been reduced 350 dollars which is pretty crazy considering the pandemic has brought the demand to all time highs. The lead time was up to 12 weeks back in May when I bought it. Any recent customer will get the 350 dollar credit as well. I just got the...
by bubbly
Wed Sep 02, 2020 8:10 pm
Forum: Investing - Theory, News & General
Topic: Chase performance all you want.. it doesn't need to matter
Replies: 112
Views: 8682

Re: Chase performance all you want.. it doesn't need to matter

You can't have it both ways (telling people both that chasing performance guarantees underperformance and that one should passively "stay the course".) If you can underperform the market, you can overperform it by simply doing the exact opposite (in a retirement account for example with n...
by bubbly
Wed Sep 02, 2020 8:05 pm
Forum: Personal Investments
Topic: Can't buy VTSMX anymore?
Replies: 7
Views: 1305

Re: Can't buy VTSMX anymore?

I noticed this change to the vanguard total international index as well a few months back. The investor shares fund was closed and the admiral version was dropped to 3k minimum. Overall, a win win. I’m not sure what would happen to the existing investor fund. There is always a vanguard option to man...
by bubbly
Mon Aug 24, 2020 11:50 am
Forum: Personal Investments
Topic: Fidelity HSA Investments
Replies: 12
Views: 1045

Re: Fidelity HSA Investments

I am using fidelity's zero fee based US equity fund FZROX. I dont hold REITs and believe in holding my bond allocation inside my 401k so the HSA grows as much as possible due to its favorable tax treatment. Thanks for making me double check this. I had a small balance so this wasn't such a big deal...
by bubbly
Fri Aug 21, 2020 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: IRS go2 app and refund question
Replies: 7
Views: 336

Re: IRS go2 app and refund question

jebmke wrote: Fri Aug 21, 2020 3:30 pm e-filing is quite fast. I e-filed in early June. The return was accepted by the IRS within 8 minutes.
Totally agree with this. My issue was that the e filing software of HR block does not accept more than 4 state returns. The instructions say you have to paper file beyond the 4 line entry limit
by bubbly
Fri Aug 21, 2020 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: IRS go2 app and refund question
Replies: 7
Views: 336

Re: IRS go2 app and refund question

Just for reference I filed my return in early-mid march. I checked 4 days later with the certified mail tracking number and it was marked received. The paper filing instructions with HR block specified this, so that was great advice on their part, and cost was less than 3 bucks if i recall correctly...
by bubbly
Mon Aug 17, 2020 1:43 pm
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 U.S. Balanced Fund [NTSX]
Replies: 462
Views: 63077

Re: WisdomTree 90/60 U.S. Balanced Fund [NTSX]

I’m a bit intrigued by this offering, especially considering the expense ratio and the fact that it’s leveraging a small position on treasuries, albeit a very significant leverage factor. The bonds portion of this fund I understand is 10% treasuries leveraged x6. How does everyone feel about this 60...
by bubbly
Mon Aug 10, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: "The 'Train Wreck' Awaiting American Retirement"
Replies: 9
Views: 3883

Re: "The 'Train Wreck' Awaiting American Retirement"

I thought that this quote really resonated with my life experiences, in aspects of life even beyond the mutual fund industry: When I joined this business, it was a profession with elements of a business. Today the mutual fund industry is a business with elements of a profession, and too few elements...
by bubbly
Mon Aug 10, 2020 2:31 pm
Forum: Personal Investments
Topic: Energy Technology and Autonomous Vehicle ETF Selection
Replies: 9
Views: 532

Re: Energy Technology and Autonomous Vehicle ETF Selection

I work in this space, albeit not on consumer automobiles. Your best bet is a tech tilt, as nearly all the big players in technology have some sort of investment in autonomous vehicles. And if they don't now, they will follow the herd eventually or buy/invest in a startup that specializes in this spa...
by bubbly
Sat Aug 08, 2020 1:12 am
Forum: Personal Finance (Not Investing)
Topic: Compare the state tax across states - California, Florida
Replies: 69
Views: 6175

Re: Compare the state tax across states - California, Florida

If you use the services that are paid for with high state and local taxes, then it is reasonable to stay there and pay those costs. If you don't use the services, or think you will not, then it is reasonable to move somewhere else, save the money and spend it on what you want. Perhaps you will spen...
by bubbly
Wed Aug 05, 2020 6:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 13113
Views: 1012308

Re: U.S. stocks continue to soar!

Very nice coincidence that the SP500 ticker price is exactly where it was 6 months ago :sharebeer
by bubbly
Tue Aug 04, 2020 11:39 pm
Forum: Investing - Theory, News & General
Topic: Are we better off now than Dec 2018?
Replies: 288
Views: 24210

Re: Are we better off now than Dec 2018?

A coworker did the same thing back in late February. He basically wanted to get out of the market for 6 months with the assumption that the market was definitely going to be lower in September. I tried my best to tell him to stay put. Not sure if he took the advice or not :confused
by bubbly
Tue Aug 04, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3482
Views: 579001

Re: What are you up YTD? [Year To Date]

My cost of living has dramatically gone down and thus I was able to save more and increase my NW by about 11% so far this year (I'm still in the early accumulating phase) However, looking purely at it from a investment perspective, I am down about -1.5% for the year. Very thankful to have found this...
by bubbly
Mon Aug 03, 2020 2:57 pm
Forum: Personal Investments
Topic: Vanguard Total Percentage Gain/Loss
Replies: 7
Views: 521

Re: Vanguard Total Percentage Gain/Loss

I think this is possible under personal performance. There are 2 picklist there. One for selecting the funds, which you have to do by selecting the holdings tab instead of the accounts tab. The other is the time range, it has all time, ytd, 1 year, 3 year and 5 year. Once you adjusted these 2, you s...
by bubbly
Sat Aug 01, 2020 2:59 pm
Forum: Investing - Theory, News & General
Topic: VWITX (Vanguard Intermediate Tax Exempt) Yields
Replies: 12
Views: 1532

Re: VWITX (Vanguard Intermediate Tax Exempt) Yields

I've been taking an annual review of my portfolio and noticed that the most recent distribution yield of VWITX (Vanguard Tax Exempt Intermediate Term Bond fund) is slightly higher than the Total Bond Market yields (2.31% vs 2.28%). So it leads me to this question: 1) Is the yield higher at this poi...
by bubbly
Sat Aug 01, 2020 1:21 pm
Forum: Investing - Theory, News & General
Topic: VWITX (Vanguard Intermediate Tax Exempt) Yields
Replies: 12
Views: 1532

VWITX (Vanguard Intermediate Tax Exempt) Yields

I've been taking an annual review of my portfolio and noticed that the most recent distribution yield of VWITX (Vanguard Tax Exempt Intermediate Term Bond fund) is slightly higher than the Total Bond Market yields (2.31% vs 2.28%). So it leads me to this question: 1) Is the yield higher at this poin...
by bubbly
Tue Jul 28, 2020 4:32 pm
Forum: Investing - Theory, News & General
Topic: The Issue of Backtesting
Replies: 22
Views: 1352

Re: The Issue of Backtesting

To go along with the lines of "past performance does not necessarily predict future results", you're backtesting recent periods with events that might not ever happen again (Covid, Mortgage Crisis) or trends that have changed for good (Depressed oil prices). In addition, conversely, unprec...
by bubbly
Tue Jul 28, 2020 3:46 pm
Forum: Investing - Theory, News & General
Topic: A gentle alternative to HEDGEFUNDIE's excellent adventure with 2-Year Treasury Futures
Replies: 136
Views: 19142

Re: A gentle alternative to HEDGEFUNDIE's excellent adventure with 2-Year Treasury Futures

This looks like a juiced up version of NTSX sliced with an international portion. Juiced up by balancing lower duration for higher leverage/allocation on the leveraged bonds.
by bubbly
Thu Jul 16, 2020 11:02 pm
Forum: Non-US Investing
Topic: Correlation question
Replies: 9
Views: 902

Re: Correlation question

I have a rather amateur question. Why is the credit risk nonexistent for UK govt bonds? Is it based on the credit rating of the government or some other metric used to determine this? What confuses me is that US govt bonds are sometimes rated AA but most agree that the US govt would probably be the ...
by bubbly
Tue Jul 14, 2020 9:58 pm
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 385
Views: 35589

Re: Tesla becomes most valuable car company in the world

You need to understand Tesla is an energy and tech company. Imagine a world where all Tesla cars are connected to Starlink (https://www.starlink.com/) and are 100% self-driving capable and could serve in the RoboTaxi fleet when the owner is not using it. Imagine the Tesla car gains flying-capaiblit...
by bubbly
Sun Jul 12, 2020 2:56 am
Forum: Investing - Theory, News & General
Topic: Stock Bond Allocation based on Size of Portfolio rather than Age
Replies: 5
Views: 1071

Re: Stock Bond Allocation based on Size of Portfolio rather than Age

That would work. It's called Goal based asset allocation . This is very interesting. I was actually looking for something like this. It’s great to see that so much thought was put into making a formula for this. It’s obviously slightly more complicated than the age in bonds rule but it definitely c...
by bubbly
Sat Jul 11, 2020 10:31 pm
Forum: Investing - Theory, News & General
Topic: Stock Bond Allocation based on Size of Portfolio rather than Age
Replies: 5
Views: 1071

Stock Bond Allocation based on Size of Portfolio rather than Age

I have been thinking about this for a long time and I find this an interesting proposal for people that are early in their investing careers (with perhaps 25+ years until retirement age) Instead of basing your stock/bond allocation on age, wouldn't it be more prudent and aligned to your investing go...
by bubbly
Tue Jun 23, 2020 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Filed paper return in mid March. Still no status
Replies: 48
Views: 4159

Re: Filed paper return in mid March. Still no status

I don't mean to resurrect a dead thread but I was just curious and wanted to check my status today and went to the IRS site. I think they made it pretty clear to NOT file a second claim :D Processing Delays for Paper Tax Returns We continue to process electronic and paper tax returns, issue refunds,...
by bubbly
Wed Jun 10, 2020 1:44 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3909
Views: 299934

Re: Small Cap Value heads Rejoice !!!

This does not discount the recent underperformance of SCV though, so the rest of your points were definitely valid and weighing on my mind. But I will definitely wait it out before abandoning. Abandoning now would be akin to selling low. Have you figured out when you would bail? Or are you locked i...
by bubbly
Wed Jun 10, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3909
Views: 299934

Re: Small Cap Value heads Rejoice !!!

While SCV has bumped off from the bottom in the last two months better than market (driven by spikes in some of the sectors), here are some long term return numbers (cumulative) to put that in perspective. ETF...........5 YR.....10 YR......20 YR IJS (SV).....14.13%...114.65%...270.24% VUG (LG)...84...
by bubbly
Mon Jun 08, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Filed paper return in mid March. Still no status
Replies: 48
Views: 4159

Re: Filed paper return in mid March. Still no status

From the IRS: IRS operational status and alternatives If you already have filed via paper but it has not yet been processed, do not file a second tax return or write to the IRS to inquire about the status of your return or your economic impact payment. https://www.irs.gov/newsroom/irs-urges-taxpaye...
by bubbly
Mon Jun 08, 2020 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Filed paper return in mid March. Still no status
Replies: 48
Views: 4159

Re: Filed paper return in mid March. Still no status

I am in the same boat. I periodically even use the IRS tracker online and it still hasn't even registered there (not even for a acknowledgement status of processing). The issue was that I had too many state returns for the online file this year and the HR block tax software required me to submit a p...
by bubbly
Mon Jun 08, 2020 11:25 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3909
Views: 299934

Re: Small Cap Value heads Rejoice !!!

The bursty outperformance continues! :mrgreen:

VOE (vanguard midcap value) and VIOV (sp 600 value) are trending 1.5-3% higher than TSM
by bubbly
Fri Jun 05, 2020 11:25 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3909
Views: 299934

Re: Small Cap Value heads Rejoice !!!

Is today one of those examples of the "bursty" outperformance examples of SCV? I know it has been underperforming for many years but I held onto my allocation through it all. (40% TSM, 30% VOE, 30% VIOV so quite a bit of tilt to value and smaller caps)
by bubbly
Mon Mar 09, 2020 2:34 am
Forum: Investing - Theory, News & General
Topic: S&P500 Futures halted tonight (3/8)
Replies: 233
Views: 16685

Re: S&P500 Futures halted tonight (3/8)

I'm out. Put in orders to sell all my stocks. I hope the trades go through, but I'm expecting the market to melt down before mine go through. I won't lose money. I'll lock in a crazy profit, as I started buying heavily during the crash in 2008. Obviously, I would have made even more profit if I'd s...
by bubbly
Mon Mar 09, 2020 2:30 am
Forum: Investing - Theory, News & General
Topic: Oil ETF VDE
Replies: 26
Views: 2616

Re: Oil ETF VDE

30 dollar oil only hurts US oil companies, as shale production is around 35 dollars per barrel. The longer the price of oil remains under 30 dollars, the more these US stocks will feel that cost of production pressure. There is no telling how long the lower cost producers of oil will keep up this de...
by bubbly
Thu Jan 23, 2020 10:03 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 445
Views: 70641

Re: Larry Swedroe says "Goodbye."

The pattern I see on these forums: People front running their investing strategy whenever the data supports it given a certain time frame and criticizing other competing strategies with various spectrums of opinions afterwards. I don’t mind this because it promotes critical thinking. But then, it de...
by bubbly
Tue Jan 21, 2020 6:21 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1753
Views: 269764

Re: QSPIX - thoughts on interesting fund

Wow what a contentious thread. I have a question to ask for the people that doubt the merits of this fund: If the ER was reduced down to the bare minimum, let’s say sub 0.30, would it sway your opinions on this fund? I know this was briefly mentioned earlier about reducing the fees but to me, the ex...
by bubbly
Thu Jan 18, 2018 5:40 pm
Forum: Personal Investments
Topic: Are ETFs Really That Safe?
Replies: 61
Views: 7965

Re: Are ETFs Really That Safe?

There are some short term bond ETFs available from Vanguard. Those look pretty safe to me.
by bubbly
Fri Nov 03, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: "Best" Online Degree if already a college graduate
Replies: 120
Views: 17326

Re: "Best" Online Degree if already a college graduate

Anyone that went to a for profit degree mill, like UOP, tells me they went for the piece of paper and wasn’t serious about the actual education. It’s not a neutral, it’s a negative and I’d never consider hiring someone who has a UOP degree. I get you have to filter on stuff, as there are so many ap...
by bubbly
Thu Oct 12, 2017 12:38 pm
Forum: Personal Investments
Topic: Please Criticize my Funds.
Replies: 28
Views: 3758

Re: Please Criticize my Funds.

I'm not sure if you are aware but the state tax rate was increased to 4.95%, effective July 1st, 2017. Not that it makes a big difference in the overall scheme of things but just good to know when you notice a discrepancy vs what you expected.
by bubbly
Fri Sep 08, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 78422

Re: Equifax customer information leak

I was able to put in a credit freeze at Experian and Equifax, but Transunion's website crapped out (I'll try back later). In my state, it is a $10 charge to do this at each company. What a joke. I just wrote my senator. It's $5 per company in my state. I would much rather get the credit freeze fees...