Search found 435 matches

by boglephreak
Fri Jan 13, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: "10 Things You Can’t Learn From a Backtest"
Replies: 3
Views: 972

Re: "10 Things You Can’t Learn From a Backtest"

this article could have been a lot shorter.

"One thing you can't learn from a backtest: What’s going to happen in the future."

:D
by boglephreak
Thu Jan 12, 2017 4:06 pm
Forum: Personal Investments
Topic: $600,000. Now what?
Replies: 55
Views: 12472

Re: $600,000. Now what?

IHateCasinos wrote:
boglephreak wrote:wow, NRZ dropped from 24 to 12 in a week (October 10-17, 2014).
it was a 1:2 split.
ah, that changes things.
by boglephreak
Thu Jan 12, 2017 3:05 pm
Forum: Personal Investments
Topic: $600,000. Now what?
Replies: 55
Views: 12472

Re: $600,000. Now what?

wow, NRZ dropped from 24 to 12 in a week (October 10-17, 2014).
by boglephreak
Thu Jan 12, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 93
Views: 11717

Re: Where do you keep your emergency fund?

2/5 of my cash is in my checking account at 0%, and thats what i use to pay bills every month. any amount above 2/5 on the 16th and 2nd gets invested in taxable. 3/5 of my cash is in an ally savings account at 1%. i am considering reducing the amount of cash on hand, but its not enough that its a si...
by boglephreak
Wed Jan 11, 2017 6:33 pm
Forum: Investing - Theory, News & General
Topic: I'm just going to leave this here... [Should you rebalance your portfolio?]
Replies: 36
Views: 2957

Re: I'm just going to leave this here...

i dont see what you think is controversial about that.
by boglephreak
Wed Jan 11, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax 2016 purchase source
Replies: 91
Views: 18640

Re: Turbo Tax 2016 purchase source

buying from staples now. may be a deal today (not sure). its only $45.64 for premium (in-store pickup) with the coupon you note as well as a one-time $10 off. free shipping on orders of more than $50, but i am doing store pickup. Yup, that is a great price. If anyone bought it for $60-10, you shoul...
by boglephreak
Wed Jan 11, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax 2016 purchase source
Replies: 91
Views: 18640

Re: Turbo Tax 2016 purchase source

New low price for those who haven't purchased (or can return to Costco) -- Staples. TurboTax Deluxe plus state is $39.89, then get $10 off TurboTax with code 18450 for a total of $29.89 with free in-store pickup or download. Premier is $60.19, $50.19 with coupon. Deluxe without state is $31.49, so ...
by boglephreak
Wed Jan 11, 2017 1:10 pm
Forum: Investing - Theory, News & General
Topic: Outliving your savings - pessimistic news
Replies: 21
Views: 4292

Re: Outliving your savings - pessimistic news

hopefully retiring early will give me the time i need to get in better shape and eat healthier so that she wont outlive me by too many years. Why wait ? :wink: i dont use the lazy portfolio because im a go-getter. ;-) plus, if i give in now, i lose all my leverage for convincing her to let me retir...
by boglephreak
Tue Jan 10, 2017 4:42 pm
Forum: Investing - Theory, News & General
Topic: Outliving your savings - pessimistic news
Replies: 21
Views: 4292

Re: Outliving your savings - pessimistic news

im more worried about my wife outliving our savings than me. i am a white male and older by a number of years; she is an asian female in much better shape. hopefully retiring early will give me the time i need to get in better shape and eat healthier so that she wont outlive me by too many years. at...
by boglephreak
Mon Jan 09, 2017 10:55 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 355
Views: 44756

Re: How Bad was 2008, really?

i lost 75% of the value of my condo, which i bought in 2006. in 2016, it still isnt worth what i paid for it. technically, i have lost nothing since i rent it out now and have not sold it. i honestly dont know how my 401k did; i assume poorly. but, back then, i never peeked. only since i read this f...
by boglephreak
Fri Jan 06, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance payout legal language
Replies: 7
Views: 2296

Re: Insurance payout legal language

I am helping a family member with a "release" document from an insurance company to release them (the insurance company) of all claims from my family member; the release also states a dollar figure they are giving to the family member for the family member to sign the release. In the release legal ...
by boglephreak
Fri Jan 06, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Settlement Advice
Replies: 19
Views: 3024

Re: Auto Insurance Settlement Advice

Obviously, my ultimate question is "Where do I go from here?" But that question pivots on another. One problem I have is that I have a very poor understanding of what leverage I have, if any, in this situation. I mean… what's the "or else" for the insurance company? What are the consequences to the...
by boglephreak
Fri Jan 06, 2017 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 107
Views: 8364

Re: What monetary value has your education provided you?

assuming i work for forty years (25-65) and my pay stays around my current rate (it will likely increase in the future and has been lower in the past, but for simplicity sake), it is 80x. it is a law degree and i work in California, so salaries are much higher than the norm. education expenses are a...
by boglephreak
Fri Jan 06, 2017 5:52 pm
Forum: Investing - Theory, News & General
Topic: I am timing the market. Why am I wrong?
Replies: 89
Views: 8122

Re: I am timing the market. Why am I wrong?

A few notes based on the responses: I meant Q3 2015 was when I started my subscriptions, not 2016. That was a mistake. WRT the actual content of those publications, it took a little bit but I found a lot of self promotion and blatant dishonesty in some of the articles (not just in the editorial sec...
by boglephreak
Fri Jan 06, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 99
Views: 15268

Re: Bitcoin Purchase

my friend makes a living off buying and selling bitcoin. he has to deal with a lot of shady people, has been contacted multiple times by police related to fraud/theft issues associated with the money used to buy the bitcoins, and is currently facing increased scrutiny and regulation in California. i...
by boglephreak
Fri Jan 06, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: I am timing the market. Why am I wrong?
Replies: 89
Views: 8122

Re: I am timing the market. Why am I wrong?

how are you going to determine when to put your money back in to the market?

also, you say that you started learning in Q3 2016. what makes you think you are better at timing the market than all of the people who have failed to do so for decades?
by boglephreak
Fri Jan 06, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard backdoor ROTH - Exchange vs Convert to Roth options
Replies: 18
Views: 4113

Re: Vanguard backdoor ROTH - Exchange vs Convert to Roth options

I have a question about this. I just transferred $5,500 from my BOA Checking account into my Vangaurd tIRA money market account on Wednesday. When I tried to do the Roth conversion yesterday, the Vanguard website said my tIRA account has "unavailable shares" and that electronic bank transfers are s...
by boglephreak
Thu Jan 05, 2017 8:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard backdoor ROTH - Exchange vs Convert to Roth options
Replies: 18
Views: 4113

Re: Vanguard backdoor ROTH - Exchange vs Convert to Roth options

i thought exchange just means exchanging one fund for another within an account, whereas convert was what was required to convert funds from one account to another (i.e., IRA to Roth IRA). i just did this for my backdoor roth and used the convert button. hope that was correct. when i tax loss harves...
by boglephreak
Wed Jan 04, 2017 8:08 pm
Forum: Investing - Theory, News & General
Topic: Champion of 401K Lament the Revolution they Started
Replies: 75
Views: 6176

Re: Champion of 401K Lament the Revolution they Started

She and Blackstone Group President Tony James are recommending a mandated, government-run savings system that would be administered by the Social Security Administration and managed by investment professionals. i dont trust the government or "investment professionals" to invest my money. california...
by boglephreak
Wed Jan 04, 2017 7:51 pm
Forum: Investing - Theory, News & General
Topic: 2017 Backdoor Roth IRA strategy
Replies: 6
Views: 857

Re: 2017 Backdoor Roth IRA strategy

Retroactive laws are prohibited by the US constitution. So, I would say - yes, you are overthinking this. they could accomplish it by some other means that allows it to be "retroactive." for example, issuing a ruling/clarification that says that it was never allowed in the first place (e.g., under ...
by boglephreak
Wed Jan 04, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2662
Views: 490995

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

found bogleheads around march/april of this year. was in all actively managed funds in 401k previously. immediately switched over to S&P 500 index fund at 0.5% ER. in june 2016, convinced firm to switch to fidelity's spartan S&P 500 fund at 0.05% ER. in october 2016, convinced firm to add additional...
by boglephreak
Tue Jan 03, 2017 8:06 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 301
Views: 48772

Re: Whats your number to walk away?

at 36 (wife, 29), i have no idea what our number will be, and i am okay with that. seems too early in life to worry about such things. just keep saving as much as possible, living below our means, and investing wisely. a lot of the responses in here are dashing my dreams of retiring early though. wo...
by boglephreak
Tue Jan 03, 2017 1:58 pm
Forum: Personal Consumer Issues
Topic: Yellowstone Tours Vs. Self-Guided
Replies: 28
Views: 4906

Re: Yellowstone Tours Vs. Self-Guided

edit: i mistook yellowstone for yosemite, sorry.
by boglephreak
Tue Jan 03, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 165
Views: 20000

Re: Max It Out Tomorrow

perhaps a stupid question, but if you contribute $5500 at the beginning of the year, and it drops in value to $3000, can you contribute another $2500 at the end of the year to bring it back up to $5500? i would guess no, but this thread got me thinking.
by boglephreak
Tue Dec 27, 2016 11:08 pm
Forum: Investing - Theory, News & General
Topic: Does Vanguard always have our best interests in mind?
Replies: 55
Views: 5784

Re: Does Vanguard always have our best interests in mind?

assuming they dont have our best interests in mind, what are we to do about it? move to fidelity, schwab or some other brokerage company? not sure they are any better.
by boglephreak
Sat Dec 24, 2016 5:51 pm
Forum: Investing - Theory, News & General
Topic: Financial Independence is not the Holy Grail
Replies: 85
Views: 11579

Re: Financial Independence is not the Holy Grail

the dalai lama came to my university to give a speech. he said money wont bring you happiness, but it certainly helps. if you're unhappy before you retire, i doubt you will suddenly become happy, so i agree with the article. however, i think one of the things that brings happiness to people's lives ...
by boglephreak
Thu Dec 22, 2016 3:57 am
Forum: Personal Finance (Not Investing)
Topic: Employer Requiring Travel to "No Travel" Country
Replies: 48
Views: 8891

Re: Employer Requiring Travel to "No Travel" Country

employers cant force you to do anything. forcing someone to travel to a place to do work is called slavery. they can make it a condition of employment though (absent a contractual agreement or law to the contrary) and fire you if you dont meet the conditions of employment (again subject to contractu...
by boglephreak
Thu Dec 22, 2016 3:19 am
Forum: Personal Finance (Not Investing)
Topic: 12-Month Expenses in Emergency Fund (EF)
Replies: 14
Views: 2972

Re: 12-Month Expenses in Emergency Fund (EF)

1. No. 2. Yes. 3. No. 4. Yes, if you're not going to invest your extra cash. The best approach to extra cash is (1) a reasonable EF (one year seems too long unless you have unique financial circumstances, which it does not sound like you do since you make good money and have excess cash); (2) pay do...
by boglephreak
Wed Dec 21, 2016 4:45 pm
Forum: Investing - Theory, News & General
Topic: What are the REAL reasons to avoid international?
Replies: 71
Views: 7505

Re: What are the REAL reasons to avoid international?

my brother does not buy int'l because he thinks other countries' economic policies are lax (especially china), and that europeans are lazy socialists.

i find that humorous, but hold 20% of my portfolio in int'l. not too much, but enough (allegedly) to get the diversification benefit from int'l.
by boglephreak
Tue Dec 20, 2016 4:58 pm
Forum: Investing - Theory, News & General
Topic: Some novice questions
Replies: 6
Views: 950

Re: Some novice questions

since the smarter people havent responded, my humble opinions: 1. the mechanics of doing a roth conversion on vanguard's website are very easy. individual issues may complicate this, but you have not provided any individual information. i think putting money in a MM account and then funding the IRA ...
by boglephreak
Tue Dec 20, 2016 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 42767

Re: Ally Bank 1.25% 11 month with no EWP

what do you think about VCAIX (Cal. Tax-Exempt Intermediate Term)? SEC Yield at 2.12%; average duration 5.3 yrs. I am at 35/10 for fed/cal. taxes. currently have emergency fund in ally at 1.0%. thanks. CA tax exempt doesn't exempt you from federal taxes. After tax yield of this fund for you would b...
by boglephreak
Tue Dec 20, 2016 3:51 am
Forum: Personal Finance (Not Investing)
Topic: Giving two weeks notice around the holidays
Replies: 58
Views: 11091

Re: Giving two weeks notice around the holidays

local law matters, but generally, if you have accrued vacation time, they are required to pay you for it if they terminate you. yes, once you give notice, they can fire you (assuming no written contract/state law barring it), just like you can up and leave them with no notice. personally, i wouldnt ...
by boglephreak
Mon Dec 19, 2016 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 42767

Re: Ally Bank 1.25% 11 month with no EWP

So I signed up for 1.25%. I moved the money from a savings account at Ally bank with a 1% rate. The process went okay. It occurs to me though that for every $10,000 someone switches over, when they go from 1% to 1.25% they make about 22 dollars more after 11months. Arguably this isn't worth the add...
by boglephreak
Mon Dec 19, 2016 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Mother saying she will put in 10k for my new car purchase. Anyway I can make this certain in writing?
Replies: 41
Views: 3096

Re: Mother saying she will put in 10k for my new car purchase. Anyway I can make this certain in writing?

yes, you can put it in writing and both of you sign it. its called a written contract. or, you can just not put it in writing, and when she doesnt pay, sue her under promissory estoppel/oral contract principles. basically, she made a promise to you (orally in this case), and you relied upon it to yo...
by boglephreak
Mon Dec 19, 2016 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 667
Views: 69620

Re: Fidelity free Turbotax

any idea whether you can get it if your company sponsored 401k is with fidelity, but you do not have any other accounts with them?
by boglephreak
Mon Dec 19, 2016 1:20 pm
Forum: Investing - Theory, News & General
Topic: Index funds is the reason for overvalued market
Replies: 23
Views: 4069

Re: Index funds is the reason for overvalued market

is it common in annual letters to attack the competition rather than explain why your own fund is doing so poorly?
by boglephreak
Sat Dec 17, 2016 3:15 pm
Forum: Investing - Theory, News & General
Topic: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"
Replies: 91
Views: 10598

Re: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"

okay, but i still dont understand how that means there is a return. if company A stock is worth $100 at the beginning of the year, it pays a dividend of $20, which drops the value of stock to $80, then at the end of the year, you have $100 (assuming no capital appreciation). if company A stock is w...
by boglephreak
Sat Dec 17, 2016 2:41 pm
Forum: Investing - Theory, News & General
Topic: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"
Replies: 91
Views: 10598

Re: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"

how is that possible if the dividend comes out of the value of the stock? The dividend comes from earnings (or at least revenue) of the company that the board of directors chooses to distribute to shareholders. this is from bogleheads wiki: For example:You own 500 shares at $11 per share at year-en...
by boglephreak
Sat Dec 17, 2016 1:01 pm
Forum: Investing - Theory, News & General
Topic: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"
Replies: 91
Views: 10598

Re: Over the last 40 years, 71% of the stock market's return came from dividends, not capital appreciation,"

how is that possible if the dividend comes out of the value of the stock? The dividend comes from earnings (or at least revenue) of the company that the board of directors chooses to distribute to shareholders. this is from bogleheads wiki: For example:You own 500 shares at $11 per share at year-en...
by boglephreak
Fri Dec 16, 2016 3:23 pm
Forum: Personal Investments
Topic: Vanguard Dividend Timing
Replies: 2
Views: 744

Re: Vanguard Dividend Timing

I have money sitting in the bank to make my bi-monthly investment. I understand dividends are being paid today. If i make an order to buy today before 4:00, will i be receiving the dividend or will i miss it? i do not want the dividend. As for understanding when to buy to avoid a dividend, please r...
by boglephreak
Fri Dec 16, 2016 1:53 pm
Forum: Personal Investments
Topic: Vanguard Dividend Timing
Replies: 2
Views: 744

Vanguard Dividend Timing

I have money sitting in the bank to make my bi-monthly investment. I understand dividends are being paid today. If i make an order to buy today before 4:00, will i be receiving the dividend or will i miss it? i do not want the dividend.
by boglephreak
Fri Dec 16, 2016 1:30 pm
Forum: Investing - Theory, News & General
Topic: Investing in the current market?
Replies: 26
Views: 3842

Re: Investing in the current market?

whats the alternative? not investing in the current market seems a worse choice than investing in the current market. unless you have debt, then at least you have a reasonable alternative.
by boglephreak
Fri Dec 16, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: Which do you think is more likely to happen?
Replies: 27
Views: 3241

Re: Which do you think is more likely to happen?

i think there is a 0.0000001% chance of scenario 1 happening, and a 0.00000005% chance of scenario happening. i also think there is a 100% chance i am not going to buy gold based on that negligible difference because it doesnt change the fact that gold is not even an investment, its a hope and a dre...
by boglephreak
Wed Dec 14, 2016 3:18 pm
Forum: Investing - Theory, News & General
Topic: Edward Jones Annuity Review - Tips before I begin
Replies: 16
Views: 3514

Re: Edward Jones Annuity Review - Tips before I begin

you're going to get a lot of negative information about annuities, but look at your annuities carefully. like i said, two of the three annuities were actually good for my mom. the third was garbage, but because of the withdrawal penalty, i cant get her out. I think it is good to point out caution o...
by boglephreak
Tue Dec 13, 2016 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Taking on a 5/5 ARM in this environment?
Replies: 27
Views: 3387

Re: Taking on a 5/5 ARM in this environment?

rate seems high. i am in the process of refinancing at 2.75%, 15 year fixed. everyone's financial situation varies, but you may want to shop around a bit because those rates you are getting seem way too high. we also received a lender credit of $1800, which means its almost a free re-fi. i recall th...
by boglephreak
Tue Dec 13, 2016 6:26 pm
Forum: Investing - Theory, News & General
Topic: Silver market was allegedly fixed
Replies: 11
Views: 1860

Re: Silver market was allegedly fixed

Sorry, I misunderstood what you meant. Not sure what all those quotes are... did they come from an article surrounding this case? Anyway... I sent the Bloomberg article because I figured there reporting would be better. It'll be interesting to see what comes of all this, but I fear like you say it'...
by boglephreak
Tue Dec 13, 2016 5:49 pm
Forum: Investing - Theory, News & General
Topic: Silver market was allegedly fixed
Replies: 11
Views: 1860

Re: Silver market was allegedly fixed

Interesting article. Unfortunately, I expect that all the defendant banks will pay fines and go their merry way. When executives go to real jail, they'll keep their houses in order. A bunch of perp walks are really needed or they'll just go doing this again. Agreed. no idea whether any of this is t...