Search found 129 matches

by MikeMak27
Fri Feb 10, 2017 5:45 pm
Forum: US Chapters
Topic: Chicagoland Master Thread
Replies: 40
Views: 13636

Re: Chicagoland Master Thread

I am very interested in a meeting. I am flexible with meeting in the city or the suburbs. I would prefer a weekend morning date. Subjects I would like to discuss are what to do if a large portion of your portfolio is a taxable account and how to generate a return on money that you plan to use to buy...
by MikeMak27
Sat Feb 04, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: Anyone have a tilt portfolio similar to this
Replies: 22
Views: 3224

Re: Anyone have a tilt portfolio similar to this

I am in the process of doing something very similar to you. For my equity allocation (80% of all funds, 15% bonds, 5% cash being used to get sign up checking and savings bonuses, which is similar to being a bond), I am going to be 25% large cap blend, 25% small cap value (IJS S&P 600), 10% US REIT, ...
by MikeMak27
Mon Jan 30, 2017 10:13 pm
Forum: Personal Investments
Topic: Suggested Funds/ETFs for Small Cap & EM Tilt
Replies: 11
Views: 1849

Re: Suggested Funds/ETFs for Small Cap & EM Tilt

As others have stated, I would go with IJS and IEMG for small cap value US and Emerging Markets. In fact, I own these two as well since I'm at fidelity. I have decided to do something similar to you. I've gone 4 ways with my equity portion. IJS, IEMG, SCZ (small cap international), and IVV (S&P 500)...
by MikeMak27
Sun Jan 29, 2017 12:00 am
Forum: Investing - Theory, News & General
Topic: International small cap value ETF
Replies: 54
Views: 20346

Re: International small cap value ETF

As others have brought up, have you thought of a combo of either DLS or SCZ and VWO? This allows you to get a small cap portion of the portfolio, along with an emerging market factor. DLS or SCZ is your international developed markets small cap, and VWO is your large cap Emerging Market. This way yo...
by MikeMak27
Tue Jan 24, 2017 2:45 pm
Forum: Investing - Theory, News & General
Topic: Swedroe's guidelines to Bonds
Replies: 137
Views: 16944

Re: Swedroe's guidelines to Bonds

Larry and lack_ey, Thank you for the informative responses. I currently have my bond portion of my portfolio in taxable since I plan to buy a home in 5 years or so. Because of it being in taxable, I bought a bond etf instead of an index fund since bogleheads guide to investing says etf's are more ta...
by MikeMak27
Tue Jan 24, 2017 12:23 pm
Forum: Investing - Theory, News & General
Topic: Swedroe's guidelines to Bonds
Replies: 137
Views: 16944

Re: Swedroe's guidelines to Bonds

Larry

Piggybacking on Sid's question above, are etf's such as IUSB, AGG, GVI, and MUB appropriate risk for the reward they give you?
by MikeMak27
Mon Jan 09, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: Optum HSA
Replies: 11
Views: 1800

Re: Optum HSA

I'm in the same boat as you and am invested in their large cap generic Wells Fargo fund WFIOX with a .25% expense ratio. While not competitive with Vanguard, Fidelity, or Schwab it still isn't a bad choice. I'll keep it with Optum since our current monthly fee structure is so low / non-existent.
by MikeMak27
Tue Oct 25, 2016 8:07 am
Forum: Personal Finance (Not Investing)
Topic: 2017 ACA plan previews
Replies: 172
Views: 21980

Re: 2017 ACA plan previews

Data point: 30 year old male, single, no tobacco use or children. The cheapest bronze plan available with an HSA eligible account has a monthly deductible of $246.64, a deductible of $5500, and an out of pocket max of $6550. So nothing is really covered for the first $9510. That doesn't seem like he...
by MikeMak27
Mon Oct 24, 2016 12:33 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's latest market returns forecast
Replies: 380
Views: 53703

Re: Larry Swedroe's latest market returns forecast

I, and I suspect many others here, are concerned with actual returns on my actual money. I care very little about academic formulas that ignore dozens of real world variables. Unfortunately, people on these boards are making real life decisions that will affect their real life finances based on a v...
by MikeMak27
Fri Oct 21, 2016 2:15 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's latest market returns forecast
Replies: 380
Views: 53703

Re: Larry Swedroe's latest market returns forecast

I don't think it is mentioned in this specific article, but when Larry previously gave the expected return for the S&P 500 of 4.1%, it was for the next decade, not for the next 30 years. That said, if a 4.1% annual S&P 500 return does happen over 10 years, that certainly would be a blow for many a r...
by MikeMak27
Fri Oct 21, 2016 1:46 am
Forum: Personal Investments
Topic: Retirement plan/portfolio checkup
Replies: 17
Views: 2120

Re: Retirement plan/portfolio checkup

If you plan on keeping the 60k for a house downpayment in cash, I would recommend putting it in an online high yield savings like Synchrony Bank which offers 1.05%.
by MikeMak27
Fri Oct 21, 2016 1:26 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's latest market returns forecast
Replies: 380
Views: 53703

Larry Swedroe's latest market returns forecast

"Many investors are questioning the benefits of international diversification at a time when U.S. equity valuations are now quite a bit higher than international valuations. And because current valuations are the best predictor we have of future returns, international investments now have higher exp...
by MikeMak27
Thu Oct 20, 2016 10:13 pm
Forum: Investing - Theory, News & General
Topic: diversification across risky assets requires discipline and patience
Replies: 12
Views: 1982

Larry Swedroe latest market return expectation

"At the end of September 2016, the Shiller CAPE 10 ratio for the S&P 500, which uses the last 10 years' earnings (adjusted for inflation), produced an earnings yield (or E/P, the inverse of the P/E ratio) of about 3.7%. To adjust for the fact that real earnings grow over time, and for the fact that ...
by MikeMak27
Tue Sep 06, 2016 10:59 pm
Forum: Investing - Theory, News & General
Topic: Bogle stock valuation model
Replies: 13
Views: 2605

Re: Bogle stock valuation model

Beliavsky Incorrect in your assumptions. My forecast always assume no change in the "speculative return". So my assumption of expected returns to US stocks is a mean of about 4.1 percent in real terms. Much lower than for international stocks and emerging market stocks. But that is only the mean of...
by MikeMak27
Wed Aug 24, 2016 8:36 pm
Forum: Personal Investments
Topic: Feedback on Portfolio AA
Replies: 10
Views: 966

Re: Feedback on Portfolio AA

Portfolio looks great to me as long as you are comfortable with it! Your future self will appreciate the small value tilt and 100% stock allocation as long as you stick through with it through the thick and thin.
by MikeMak27
Wed Aug 10, 2016 10:18 am
Forum: Personal Investments
Topic: Early 20s seeking Aggressive Portfolio
Replies: 21
Views: 2417

Re: Early 20s seeking Aggressive Portfolio

A simplified version of a diversified, all stock portfolio, similar in results to Paul Merriman's ultimate buy and hold portfolio that tilts towards small cap and value stock is the "Trev H portfolio". The Trev H portfolio is a four fund portfolio that is 25% Large Blend Domestic, 25% Small Value do...
by MikeMak27
Tue Aug 09, 2016 8:27 pm
Forum: Personal Investments
Topic: Early 20s seeking Aggressive Portfolio
Replies: 21
Views: 2417

Re: Early 20s seeking Aggressive Portfolio

If youre willing to take on the extra risk and volatility that comes with an aggressive portfolio, may I suggest that you tilt towards small cap, value, and emerging markets. These portions of the market have, over the long term, achieved greater gains than the rest of the market. That said, past pe...
by MikeMak27
Fri Jul 22, 2016 9:04 am
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 193
Views: 25672

Re: How many folks choose to give inheritance to their children in unequal portions?

I would be incredibly bitter with a sibling if they were to receive more money than me in an inheritance, simply because they are irresponsible with their finances. If the children are all adults, they should be expected to make adult decisions with their finances. If they cannot handle such a basic...
by MikeMak27
Fri Jul 15, 2016 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Sell Condo to pay off Student Loans?
Replies: 117
Views: 8855

Re: Sell Condo to pay off Student Loans?

I would not sell. I would refinance the mortgage to a lower rate since you can get a 15 year fixed for something near or below 3%. This may end up being less than your current mortgage payment since it would be a much lower rate. If you can lower your rate on the student loan, do that as well. Then ...
by MikeMak27
Thu Jul 14, 2016 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 903500

Re: What's Your Credit Card Rewards Strategy?

My strategy is to get as much cash back as possible and use it to pay the balance. Right now in my wallet I have Sallie Mae MasterCard: 5% cash back on bookstores up to $750 a month (Amazon.com included), gas & groceries up to $250 a month each. Chase freedom: 5% cash back at restaurants 1% everythi...
by MikeMak27
Wed Jul 13, 2016 8:40 am
Forum: Personal Consumer Issues
Topic: Do you tip Uber drivers?
Replies: 49
Views: 14363

Re: Do you tip Uber drivers?

My friends and I have been using Uber and Lyft for 2 years now. One of our friends drives for both of them. None of us ever tip the drivers and my buddy who drives rarely ever gets tipped.
by MikeMak27
Tue Jul 05, 2016 11:10 pm
Forum: Personal Consumer Issues
Topic: Anyone Else Purchase a "Killer Jeep"?
Replies: 30
Views: 5483

Re: Anyone Else Purchase a "Killer Jeep"?

I also have a 2015 Grand Cherokee and love the car. I get an easy 24 mpg every tank, if not better. While I can see how some terrible drivers would get this confused, I would only consider it to be a problem for someone who is drunk. That said, uber and lyft have solved that problem for us. TL;DR I ...
by MikeMak27
Mon Jul 04, 2016 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Bmo Harris $500 bonus
Replies: 7
Views: 2455

Re: Bmo Harris $500 bonus

So your offer says put 10k in their money market account and you get a $200 bonus after a few months? That seems like a really good deal. How did you get the offer? I already have their checking account for the signup bonus but would love to put money into the money market offer. Do you live in the ...
by MikeMak27
Sat Jul 02, 2016 9:57 am
Forum: Personal Consumer Issues
Topic: What kind of car are you driving?
Replies: 368
Views: 41050

Re: What kind of car are you driving?

2015 Jeep Grand Cherokee 4x4 Laredo 23E package. Got it with tax title and license (which adds thousands more on to the car in IL) for 32k all in. I get about 24mpg becuase I am almost always using cruise control which is a life saver when it comes to boosting mpg. Paid it off within my first 6 mont...
by MikeMak27
Thu Jun 23, 2016 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Sell Condo or Become Landlord in Chicago
Replies: 15
Views: 2517

Re: Sell Condo or Become Landlord in Chicago

Sell, Sell, Sell!!! (Jim Cramer voice) I own a condo in Chicago and am selling it on July 1st. I am going back to renting. It is also in a hot neighborhood (Fulton River District). I'll net close to 85k in profit from only 3 years of ownership. The reason why I'm not holding onto it in hopes of more...
by MikeMak27
Mon Jun 13, 2016 7:19 pm
Forum: Personal Investments
Topic: HSA- how much do you actually invest?
Replies: 42
Views: 6359

Re: HSA- how much do you actually invest?

It depends on your health situation and needs. I'm fairly lucky and do not have any health problems as of today. As a result, I have the absolute minimum in the cash portion and the rest invested in an S and P index fund.
by MikeMak27
Thu Jun 09, 2016 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Selling to rent, where to put cash?
Replies: 17
Views: 3241

Re: Selling to rent, where to put cash?

Max your Roth out for sure. You can probably do better with regards to the savings rate than discover bank. I want to say theirs is .95% whereas all America bank is 1.25% up to $35k.
by MikeMak27
Wed Jun 08, 2016 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Selling to rent, where to put cash?
Replies: 17
Views: 3241

Re: Selling to rent, where to put cash?

This was an incredibly helpful question that you asked! I'm in the same situation. I'm turning 30, selling my condo, and choosing to rent for the time being. I'm getting my down payment and quite a bit in profit since I bought in early 2013. My thinking is to put 15k in a Chase savings account with ...
by MikeMak27
Fri Jul 03, 2015 5:37 am
Forum: Personal Investments
Topic: Leaving Financial Advisor & Starting My Own Investment Planning
Replies: 6
Views: 3189

Leaving Financial Advisor & Starting My Own Investment Planning

I initially started investing with a financial planner at 26 since I had no idea how to properly invest. Recently I started reading up on financial websites, blogs, bogleheads forums, reddit, etc. I have a much better idea of how I can do this on my own now and save a fortune by not paying an adviso...