Search found 1311 matches

by ohai
Tue Dec 31, 2019 10:25 pm
Forum: Personal Investments
Topic: I just accidentally bought $83K in ETF stock
Replies: 25
Views: 3906

Re: I just accidentally bought $83K in ETF stock

Do you have margin in your account? If not, they allowed you to make an invalid trade and this is a serious operational error. If you call them and complain more, I am pretty sure they will at least refund you the $100.
by ohai
Tue Dec 31, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on Parents' dire financial situation
Replies: 39
Views: 3934

Re: Need advice on Parents' dire financial situation

I think the likely plan here is for dad to work in some random job, like being a cashier or something like that for 10 years. By that time, their $300k with any more savings can be between $500k and $1 million. It's not a foolproof plan, but they should have enough money to survive.
by ohai
Tue Dec 31, 2019 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on Parents' dire financial situation
Replies: 39
Views: 3934

Re: Need advice on Parents' dire financial situation

Hmm. The first question is obviously how much they need to spend every year. Then, we need to know how much they will need to make on top of social security. Also importantly, how will they pay their bills when they truly retire? Do you and any siblings have enough money to subsidize them? There mus...
by ohai
Tue Dec 31, 2019 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: What Are Your 2020 Goals?
Replies: 56
Views: 12221

Re: 2020 Goals?

I should probably take more vacation time.
by ohai
Tue Dec 31, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: Bidding with airline carrier to upgrade seats
Replies: 22
Views: 1583

Re: Bidding with airline carrier to upgrade seats

Sounds very stressful. I probably wouldn't want to deal with it on vacation.
by ohai
Tue Dec 31, 2019 10:43 am
Forum: Personal Investments
Topic: 1st time selling covered call options - no brainer?
Replies: 5
Views: 437

Re: 1st time selling covered call options - no brainer?

The prices below don't line up with the market. I'm assuming those are the prices with the multiplier of 100 (i.e. $140 means $1.40 strike).

Anyway, it's not a no brainer. If the stock doubles in your time frame, you lose 50% of notional or something from potential gains.
by ohai
Mon Dec 30, 2019 3:53 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet pull-down nozzle
Replies: 18
Views: 1835

Re: Kitchen faucet pull-down nozzle

Bogle7 wrote: Sun Dec 29, 2019 6:17 pm Replace the entire faucet.
eFaucets.com
More faucets than you can ever consider and at all price points.
This seems like the most practical solution by far...
by ohai
Mon Dec 30, 2019 2:12 pm
Forum: Personal Investments
Topic: Sell Investments for MBA tuition?
Replies: 10
Views: 678

Re: Sell Investments for MBA tuition?

Hi, OP. Regardless of how you finance your MBA, it will probably be a good idea to realize the taxable gains in the year where you have low income, so you can reset to a higher cost basis without paying capital gains tax. I don't think you can sell the Roth investments without a 10% penalty. If so, ...
by ohai
Sun Dec 29, 2019 11:57 am
Forum: Personal Consumer Issues
Topic: New couch
Replies: 10
Views: 936

Re: New couch

I'd look at online stores like Wayfair.
by ohai
Fri Dec 27, 2019 1:45 pm
Forum: Personal Consumer Issues
Topic: Tall airtight box
Replies: 26
Views: 1928

Re: Tall airtight box

I don't think Ziploc bags are usually airtight. They might slow the penetration of air but they aren't actually airtight. I like the food containers with the silicone lining because those seem actually airtight. I've placed smaller items in those food containers (the plastic is uncoated polypropyle...
by ohai
Fri Dec 27, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: demented mother's online spending
Replies: 126
Views: 11499

Re: demented mother's online spending

You are totally misrepresenting what I was proposing. This has nothing to do with banks nor shutting down anyone's accounts. What do you propose? "Dear Amazon, here is a problem that is likely happening to thousands of seniors around the country. Please consider building in protections to your plat...
by ohai
Fri Dec 27, 2019 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Tax Efficient Way To Purchase 2nd Home For Rental
Replies: 17
Views: 2045

Re: Tax Efficient Way To Purchase 2nd Home For Rental

The whole situation is a mess. Son shouldn't stay in a house he can't afford. I don't know why the house had to be foreclosed for you to buy it either. Anyway, assuming you can't/won't back out now, the best plan seems to be to liquidate all the investments you can to make the $200k. You will have t...
by ohai
Fri Dec 27, 2019 9:53 am
Forum: Investing - Theory, News & General
Topic: Is total world bond safer than US treasuries?
Replies: 140
Views: 8078

Re: Is total world bond safer than US treasuries?

It could easily be argued that holding ten 98% safe assets is safer than holding one 99% safe asset, due to diversification. With that being said, "Total World" bond index is not going to satisfy this requirement, since the credit quality of some of its holdings will be far inferior and offset the b...
by ohai
Fri Dec 27, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: Latex mattress
Replies: 22
Views: 1387

Re: Latex mattress

I'm going to buy a new mattress later this year, and I'm thinking of getting a Saatva spring mattress with matching box spring. I have Saatva mattress actually. It's basically the same as a generic nice mattress you'd get elsewhere. Do you like your Saatva mattress? In general, I have had a positiv...
by ohai
Thu Dec 26, 2019 3:44 pm
Forum: Personal Consumer Issues
Topic: Latex mattress
Replies: 22
Views: 1387

Re: Latex mattress

UpperNwGuy wrote: Thu Dec 26, 2019 2:06 pm I'm going to buy a new mattress later this year, and I'm thinking of getting a Saatva spring mattress with matching box spring.
I have Saatva mattress actually. It's basically the same as a generic nice mattress you'd get elsewhere.
by ohai
Thu Dec 26, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer at FAANG for $350k - Declining Offer
Replies: 161
Views: 18966

Re: Job offer at FAANG for $350k

Because most people who make $350k in Google or something have more money AND good family life. Usually yes, you must be talented enough to deliver good results (and you will probably be bored in a less challenging job). However, the notion that family is a sacrifice for most of these positions is s...
by ohai
Thu Dec 26, 2019 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer at FAANG for $350k - Declining Offer
Replies: 161
Views: 18966

Re: Job offer at FAANG for $350k

4) A lot of people are saying if you can get this, you can probably get a comparable job elsewhere. This is not true. Many jobs are one time offers. It might be years before a similar opportunity comes along, if ever. If the offer is from FB or Google, they'll likely reopen the offer for OP if he s...
by ohai
Thu Dec 26, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: demented mother's online spending
Replies: 126
Views: 11499

Re: demented mother's online spending

It is pretty clear that she should not have access to any credit cards, especially paired with internet.

If you cannot cancel the cards yourself, then log onto Amazon, remove all her saved credit cards, and destroy or hide the physical cards. So to her, effectively, they do not exist.
by ohai
Thu Dec 26, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Long Plane trip - 16 Hours to Shanghai
Replies: 67
Views: 6294

Re: Long Plane trip - 16 Hours to Shanghai

Noise: if you don’t want to shell out money for noise canceling headphones, I use cheap foam ear plugs. They work pretty well and it’s much easier to sleep in them. Plus they don’t need to be charged. Actually, I use both. Put ear plugs, and then, over-the-ear headphones on top of that. When you ar...
by ohai
Thu Dec 26, 2019 11:34 am
Forum: Personal Consumer Issues
Topic: Latex mattress
Replies: 22
Views: 1387

Re: Latex mattress

I read some article about millennials perpetually getting free mattresses, since Casper and other companies let you try them for a really long time, like 6 months. On that note, I don't see much downside to buying the online ones for lke 50% the cost of Sleepy's for the same quality and seeing if yo...
by ohai
Thu Dec 26, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Job offer at FAANG for $350k - Declining Offer
Replies: 161
Views: 18966

Re: Job offer at FAANG for $350k

Based solely on what OP has said, taking the job offer is a no brainer to me. 1) You will get a career boost and becomes eligible for more jobs, including your old job but with probably higher pay. 2) At 29, OP has no idea of what constitutes comfortable retirement savings. The extra money is worth ...
by ohai
Thu Dec 26, 2019 10:24 am
Forum: Personal Consumer Issues
Topic: Long Plane trip - 16 Hours to Shanghai
Replies: 67
Views: 6294

Re: Long Plane trip - 16 Hours to Shanghai

I take long flights like this (actually even longer) a lot and don't really like flying. So, I've thought a lot about things that work for me in terms of increasing comfort: 1) Dress in pajamas, even for business travel. Unless your client is meeting you in the airport, no one cares what you look li...
by ohai
Tue Dec 24, 2019 2:04 pm
Forum: Personal Investments
Topic: Fidelity Emerging Markets Funds: Index or Active?
Replies: 9
Views: 558

Re: Fidelity Emerging Markets Funds: Index or Active?

If you're unsure, why not buy 50% in each fund?
by ohai
Tue Dec 24, 2019 1:44 pm
Forum: Personal Consumer Issues
Topic: AAA Batteries, retail vs. OEM difference?
Replies: 27
Views: 2286

Re: AAA Batteries, retail vs. OEM difference?

Amazon Basics were the worst quality standard batteries I've ever used. 10% were nonfunctional out of the box. I tested one good and then it seemed to internally short and die a week later. I've had good luck with Aldi batteries and the large packs that Wal-Mart sells. (AC Delco, Rayovac, etc.) Che...
by ohai
Tue Dec 24, 2019 1:15 am
Forum: Personal Finance (Not Investing)
Topic: Burned out looking for options
Replies: 32
Views: 3817

Re: Burned out looking for options

Unfortunately, I have seen many people take breaks from such jobs only to find that their best opportunity is simply to come back and work in an identical role. That is what you are most qualified for, after all. I do not think you will be happy coming from some fast and high paying sales job and be...
by ohai
Tue Dec 24, 2019 12:15 am
Forum: Personal Investments
Topic: Indexing at high P/E ratio's?
Replies: 13
Views: 1158

Re: Indexing at high P/E ratio's?

P/E doesn't have to mean revert. AMZN has a P/E of around 80, compared to SPX at about 17. This doesn't mean than AMZN is a bad stock - in fact, it has appreciated by 15x in 10 years. What the ratio suggests is that they are smart at reducing taxable earnings. It also probably means that they have b...
by ohai
Mon Dec 23, 2019 5:23 pm
Forum: Investing - Theory, News & General
Topic: ETF spreads during a crisis
Replies: 15
Views: 1471

Re: ETF spreads during a crisis

Very confused explanation! Just have in your mind that interest rates will decrease in a crisis (flight to quality, Fed drops rates, etc.). This makes high quality bonds (treasuries, AAA, and so on) increase in value. However, default risk also increases, resulting in higher credit spreads (it's not...
by ohai
Mon Dec 23, 2019 3:01 pm
Forum: Personal Investments
Topic: Where should I be putting my money in 2020?
Replies: 16
Views: 2459

Re: Where should I be putting my money in 2020?

I would just put money in the 529 plans without considering potential financial assistance from presumably your parents. If they don't give you money for their grandkids' college, it will just become inheritance later, close to your retirement time, assuming they don't spend it all. If they are like...
by ohai
Mon Dec 23, 2019 1:13 pm
Forum: Personal Consumer Issues
Topic: Envelope Mailed on Saturday. Envelope Mailed on Monday. No Difference in Delivery Date.
Replies: 31
Views: 2181

Re: Envelope Mailed on Saturday. Envelope Mailed on Monday. No Difference in Delivery Date.

I have been told by a USPS employee that no item dropped off at a post office ever sits overnight in that same post office, viz ., that ALL mail is transported to a processing/sorting center that same night. And yet, when I drop off an envelope at a post office (during business hours) on a Saturday...
by ohai
Mon Dec 23, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: Who else will wait until the dust settles on Tax law changes?
Replies: 26
Views: 3661

Re: Who else will wait until the dust settles on Tax law changes?

whodidntante wrote: Sun Dec 22, 2019 12:21 am I strongly recommend panic! :happy
Oh god, oh god
by ohai
Mon Dec 23, 2019 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Career choices for young man
Replies: 22
Views: 2470

Re: Career choices for young man

Not that I know a lot about this field, but I'd think that working for the NSA or something early in his career is the path towards private sector jobs that contract with these government agencies. The contacts within the department and knowledge of how it works seem like valuable assets that can be...
by ohai
Mon Dec 23, 2019 12:15 am
Forum: Personal Investments
Topic: Tax Gain Harvesting Question
Replies: 2
Views: 331

Re: Tax Gain Harvesting Question

In general, yes, you should harvest your long term capital gains when you have a 0% capital gains tax rate. Just rebalance into something similar but not the same, to avoid wash sales. Keep in mind that realized capital gains count towards your income for the purposes of capital gains tax calculatio...
by ohai
Sun Dec 22, 2019 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Amazing market, how to protect the gains?
Replies: 60
Views: 7029

Re: Amazing market, how to protect the gains?

(2) Spending discretionary future money. This is meant to reduce spending discretionary money in the future if bad things happen. We have done 4 (big) international trips this years and increased our fun visits to casinos many more times. I think the bear market cannot take back the money that I ha...
by ohai
Sun Dec 22, 2019 9:18 pm
Forum: Personal Investments
Topic: Do I need to invest in bonds if I have a pension?
Replies: 48
Views: 4276

Re: Do I need to invest in bonds if I have a pension?

The pension is like a portion of your bond allocation. Is it enough to equal or exceed your desired bond allocation? You need to look at your remaining portfolio size to figure that out.
by ohai
Sun Dec 22, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Amazing market, how to protect the gains?
Replies: 60
Views: 7029

Re: Amazing market, how to protect the gains?

(2) Spending discretionary future money. This is meant to reduce spending discretionary money in the future if bad things happen. We have done 4 (big) international trips this years and increased our fun visits to casinos many more times. I think the bear market cannot take back the money that I ha...
by ohai
Sun Dec 22, 2019 12:44 pm
Forum: Non-US Investing
Topic: Favorite country to live in after FIRE?
Replies: 191
Views: 19372

Re: Favorite country to live in after FIRE?

Eh. Have you guys ever lived in Thailand or Panama or somewhere like that? People from those countries want to come here. Safety, education, amenities, and quality of life are far better in developed countries. The higher living cost is worth it for anyone with average or above average US financial...
by ohai
Sun Dec 22, 2019 12:40 pm
Forum: Non-US Investing
Topic: Favorite country to live in after FIRE?
Replies: 191
Views: 19372

Re: Favorite country to live in after FIRE?

Eh. Have you guys ever lived in Thailand or Panama or somewhere like that? People from those countries want to come here. Safety, education, amenities, and quality of life are far better in developed countries. The higher living cost is worth it for anyone with average or above average US financial...
by ohai
Fri Dec 20, 2019 2:24 pm
Forum: Non-US Investing
Topic: Favorite country to live in after FIRE?
Replies: 191
Views: 19372

Re: Favorite country to live in after FIRE?

Eh. Have you guys ever lived in Thailand or Panama or somewhere like that? People from those countries want to come here. Safety, education, amenities, and quality of life are far better in developed countries. The higher living cost is worth it for anyone with average or above average US financial...
by ohai
Fri Dec 20, 2019 2:09 pm
Forum: Personal Investments
Topic: Investment Options outside "The Market"
Replies: 12
Views: 738

Re: Investment Options outside "The Market"

I have a hard time believing that all liquid investing is not possible. What about handing your money over to a managed account? 0.90% fee is worth it if you cannot even buy any liquid funds otherwise.
by ohai
Fri Dec 20, 2019 10:48 am
Forum: Personal Investments
Topic: Deversity and Heavy Metal
Replies: 17
Views: 784

Re: Deversity and Heavy Metal

Eh. People who want to park money in gold or something like that don't seem to appreciate the basic principle of investing, which is that your capital is working. It's not just a price of something based on nebulous supply/demand factors. When you own a bunch of stocks, you own the work of thousands...
by ohai
Fri Dec 20, 2019 10:39 am
Forum: Non-US Investing
Topic: Favorite country to live in after FIRE?
Replies: 191
Views: 19372

Re: Favorite country to live in after FIRE?

Eh. Have you guys ever lived in Thailand or Panama or somewhere like that? People from those countries want to come here. Safety, education, amenities, and quality of life are far better in developed countries. The higher living cost is worth it for anyone with average or above average US financial ...
by ohai
Fri Dec 20, 2019 10:33 am
Forum: Investing - Theory, News & General
Topic: BUY! BUY!! BUY!!! So, is anybody hedging?
Replies: 66
Views: 5778

Re: BUY! BUY!! BUY!!! So, is anybody hedging?

All those indexes are 95%-98% correlated. So, it doesn't matter which one you pick - they will all look the same. If you had to choose one, SPX is the most balanced, since DJI has large weights in random stocks (BA for instance) and NDX is overweight tech sector. So why not just own the market and ...
by ohai
Fri Dec 20, 2019 1:33 am
Forum: Investing - Theory, News & General
Topic: BUY! BUY!! BUY!!! So, is anybody hedging?
Replies: 66
Views: 5778

Re: BUY! BUY!! BUY!!! So, is anybody hedging?

All those indexes are 95%-98% correlated. So, it doesn't matter which one you pick - they will all look the same. If you had to choose one, SPX is the most balanced, since DJI has large weights in random stocks (BA for instance) and NDX is overweight tech sector.
by ohai
Thu Dec 19, 2019 3:34 pm
Forum: Investing - Theory, News & General
Topic: Comparative Risk Calculation
Replies: 13
Views: 600

Re: Comparative Risk Calculation

You must always be very specific about investment statements. "a 30/70 portfolio has gotten 78% of the gains of a 70/30 portfolio" This is true only on average and only for a 1y investment time. How would you state this relative performance over 10y? "only 46% of the risk" The relative yearly maximu...
by ohai
Thu Dec 19, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a house now or not???
Replies: 8
Views: 1328

Re: Buy a house now or not???

If you are going to live there for 10 years, then chances are you should buy the house.
by ohai
Thu Dec 19, 2019 9:42 am
Forum: Investing - Theory, News & General
Topic: New ETF HLAL
Replies: 20
Views: 1764

Re: New ETF HLAL

https://research.ftserussell.com/Analytics/Factsheets/Home/DownloadSingleIssue?issueName=SWDUSA&IsManual=false Pretty interesting. Here are the index criteria. It seems like a "loose" shariah at best. For instance, they probably won't take out companies with employee policies that are not Shariah co...
by ohai
Thu Dec 19, 2019 12:56 am
Forum: Personal Consumer Issues
Topic: Casual slip on shoes
Replies: 25
Views: 2647

Re: Casual slip on shoes

I wear either Teva sandals or running shoes.
by ohai
Wed Dec 18, 2019 2:58 pm
Forum: Personal Consumer Issues
Topic: Great experience with backcountry.com
Replies: 23
Views: 3612

Re: Great experience with backcountry.com

My friend ordered a monitor on Amazon and it was delayed for some shipping reason. Anyway, he thought it was lost, so he called Amazon and they said ok, we'll ship you another one. After a few days, he got two monitors. I thought this was relevant for some reason.
by ohai
Wed Dec 18, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Brokerage Bonus for Big Account
Replies: 5
Views: 463

Re: Brokerage Bonus for Big Account

I don't think most brokerages will give you scaling rebates or other benefits with larger account sizes. There is going to be an adverse selection, where larger accounts are more scrutinizing and will pick off more benefits while not doing things that will generate more revenue for the brokerage. Wh...