Search found 314 matches

by manlymatt83
Mon Jan 25, 2021 8:46 am
Forum: US Chapters
Topic: Happy 97th Birthday, Taylor Larimore
Replies: 142
Views: 5224

Re: Happy 97th Birthday, Taylor Larimore

Happy birthday 🎁, Taylor!
by manlymatt83
Sun Jan 24, 2021 2:24 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4979
Views: 952758

Re: What's Your Credit Card Rewards Strategy?

... Download the MAXIVU app to your phone and set up your card in there. You don't need account numbers, just cart types. The app will tell you what card to use for what. ... That's the first time I heard of that app. Thanks for the tip. I was hoping to use it to aid DW, who's willing to play the g...
by manlymatt83
Sat Jan 23, 2021 10:53 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 1167
Views: 125079

Re: Lifecycle Investing - Leveraging when young

Related question: does anyone else think IB's rates are too good to be true for much longer? Ie, it feels like an "introductory" offer to me. Ie, they're taking a "loss" so as to grab market share. (Which is fine, but it doesn't bode well for the long term viability of the strat...
by manlymatt83
Sat Jan 23, 2021 8:19 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 1167
Views: 125079

Re: Lifecycle Investing - Leveraging when young

Related question: does anyone else think IB's rates are too good to be true for much longer? Ie, it feels like an "introductory" offer to me. Ie, they're taking a "loss" so as to grab market share. (Which is fine, but it doesn't bode well for the long term viability of the strat...
by manlymatt83
Sat Jan 23, 2021 8:10 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 1167
Views: 125079

Re: Lifecycle Investing - Leveraging when young

Related question: does anyone else think IB's rates are too good to be true for much longer? Ie, it feels like an "introductory" offer to me. Ie, they're taking a "loss" so as to grab market share. (Which is fine, but it doesn't bode well for the long term viability of the strat...
by manlymatt83
Sat Jan 23, 2021 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: SEP contribution to personal account first, then to SEP?
Replies: 5
Views: 238

Re: SEP contribution to personal account first, then to SEP?

theplayer11 wrote: Sat Jan 23, 2021 11:47 am
manlymatt83 wrote: Sat Jan 23, 2021 10:12 am Can you not go the ACH deposit route? A push from your bank?
good call, worked
Awesome!

I am in the same boat as you -- LLC taxed as an S-CORP, just opened a Schwab SEP IRA for me and employees for 2021. The paper application process is annoying but otherwise things have been pretty smooth.
by manlymatt83
Sat Jan 23, 2021 10:12 am
Forum: Personal Finance (Not Investing)
Topic: SEP contribution to personal account first, then to SEP?
Replies: 5
Views: 238

Re: SEP contribution to personal account first, then to SEP?

Can you not go the ACH deposit route? A push from your bank?
by manlymatt83
Thu Jan 21, 2021 11:48 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3115
Views: 1955168

Re: The Three-Fund Portfolio

Logged into my Schwab account this morning like I usually do every day. Found my holdings "too boring" to look at. Immediately logged out. I guess I accomplished simplicity. Congratulations on achieving "boring". You can stop logging in every day of you wish :) . I will! Now I j...
by manlymatt83
Thu Jan 21, 2021 9:34 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3115
Views: 1955168

Re: The Three-Fund Portfolio

Logged into my Schwab account this morning like I usually do every day. Found my holdings "too boring" to look at. Immediately logged out. I guess I accomplished simplicity.
by manlymatt83
Wed Jan 20, 2021 1:05 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3115
Views: 1955168

Re: The Three-Fund Portfolio

Really loved this quote at the end of Larry Swedroe’s book, the incredible shrinking alpha: While it is a tragedy that the majority of individual investors unnecessarily miss out on market returns that are available to anyone adopting a passive investment strategy, the truly great tragedy is that th...
by manlymatt83
Sun Jan 17, 2021 12:54 pm
Forum: Investing - Theory, News & General
Topic: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots
Replies: 503
Views: 27093

Re: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots

Keep in mind, this was for Bitcoin Cash, not Bitcoin. IMHO, neither of these will ever become a ubiquitous payment network. It simply doesn't have the capacity to scale and/or the fees are too high. But it's probably okay for large, infrequent transfers of value. Something like a private party vehi...
by manlymatt83
Sun Jan 17, 2021 12:08 pm
Forum: Investing - Theory, News & General
Topic: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots
Replies: 503
Views: 27093

Re: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots

To all the bitcoin naysayers: When does it cease to be a scam to you? I am not a total nay-sayer and up until recently owned some BTC myself, but I believe the “not your keys, not your coin” issue will stunt crypto growth. Coinbase, PayPal, Square holding your Bitcoin and insuring the keys against ...
by manlymatt83
Sat Jan 16, 2021 6:22 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3115
Views: 1955168

Re: The Three-Fund Portfolio

Working through my checklist... individual stocks sold :beer ... etc. Curious, is there any room for covered calls / cash secured puts in 3-fund portfolio land? If not, I may close out my options account such that I'm not tempted to sell covered calls against my holdings during down times. I've wast...
by manlymatt83
Sat Jan 16, 2021 5:24 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 730
Views: 81835

Re: Why not 100% PSLDX?

I'm going to buy some PSLDX in my Roth IRA. It's only going to be about 3% of my total portfolio, which is 85% in stocks. I'm not sure if I should count PSLDX towards my stock allocation, or just keep it completely separate and treat it as play money. What do most people do if PSLDX is just a small...
by manlymatt83
Sat Jan 16, 2021 1:38 pm
Forum: Investing - Theory, News & General
Topic: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots
Replies: 503
Views: 27093

Re: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots

Anyone trimming their BTC exposure due to the tether talk?
by manlymatt83
Fri Jan 15, 2021 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus $100 bonus
Replies: 44
Views: 4270

Re: Marcus $100 bonus

Steelersfan wrote: Fri Jan 15, 2021 10:46 pm I've had a CD there for a couple of years and I'm completely satisficed.
Supposedly they’re opening a checking account soon. Will be interesting.
by manlymatt83
Fri Jan 15, 2021 11:50 pm
Forum: Investing - Theory, News & General
Topic: PSA: Fixed AA with 5/25 rebalancing works!
Replies: 80
Views: 5794

Re: PSA: Fixed AA with 5/25 rebalancing works!

I'm confused about 5/25. Does that mean to rebalance between stocks and bonds only after a 25% drop or increase in one of them? What about assets within stocks, like TSM vs. SCV? manlymatt83, I use 5/25 on all my asset classes: A) Total Stock Index B) International Stock Index C) Total Bond Market ...
by manlymatt83
Fri Jan 15, 2021 9:46 pm
Forum: Investing - Theory, News & General
Topic: PSA: Fixed AA with 5/25 rebalancing works!
Replies: 80
Views: 5794

Re: PSA: Fixed AA with 5/25 rebalancing works!

I'm confused about 5/25.

Does that mean to rebalance between stocks and bonds only after a 25% drop or increase in one of them? What about assets within stocks, like TSM vs. SCV?
by manlymatt83
Fri Jan 15, 2021 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with gold coins? Help me decide.
Replies: 44
Views: 3093

Re: What to do with gold coins? Help me decide.

Sentimental? Sell it and buy Vanguard LifeStrategyModerate Growth fund with the money. Sell some of the fund each year on your mother's birthday and have a nice dinner or take the entire family on a vacation paid by your mother. Also vow to never have your heirs saddled with sentimentality with the...
by manlymatt83
Fri Jan 15, 2021 7:08 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3115
Views: 1955168

Re: The Three-Fund Portfolio

]If I want to hold VTI and VXUS in taxable, and VT in tax advantaged, can I also hold some VTI and VXUS in tax advantaged to balance out holdings in the taxable as needed? Or is that too risky due to wash sales? You could always hold equivalent ETFs that follow a different index. For US stock consi...
by manlymatt83
Fri Jan 15, 2021 6:54 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3115
Views: 1955168

Re: The Three-Fund Portfolio

]If I want to hold VTI and VXUS in taxable, and VT in tax advantaged, can I also hold some VTI and VXUS in tax advantaged to balance out holdings in the taxable as needed? Or is that too risky due to wash sales? You could always hold equivalent ETFs that follow a different index. For US stock consi...
by manlymatt83
Fri Jan 15, 2021 4:14 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

What sort of tilt does everyone have? I was going to start with 10% SCV US and 10% SCV ex-US. Gradually build up over time. I wouldn't gradually build up over time, sounds like tinkering. Take some time to think about a longterm allocation and then implement. Your plan to get some US & ex-US ex...
by manlymatt83
Fri Jan 15, 2021 2:59 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

What sort of tilt does everyone have? I was going to start with 10% SCV US and 10% SCV ex-US. Gradually build up over time. I wouldn't gradually build up over time, sounds like tinkering. Take some time to think about a longterm allocation and then implement. Your plan to get some US & ex-US ex...
by manlymatt83
Fri Jan 15, 2021 12:57 pm
Forum: Personal Investments
Topic: "Designated Beneficiary" Account?
Replies: 3
Views: 402

Re: "Designated Beneficiary" Account?

Thank you!
by manlymatt83
Fri Jan 15, 2021 1:30 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

RamblinDoc wrote: Fri Jan 15, 2021 1:11 am
manlymatt83 wrote: Thu Jan 14, 2021 11:50 pm Curious, what percentage is everyone’s tilts? :beer
7.5% tilt to small caps
7.5% tilt to REITs
Otherwise basically a Bogleheads 3-fund for the rest
How did you get to 7.5%?
by manlymatt83
Thu Jan 14, 2021 11:50 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

Curious, what percentage is everyone’s tilts? :beer
by manlymatt83
Thu Jan 14, 2021 10:52 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

I don't really like VT in taxable because you can't really harvest losses of the constituent pieces. Also, I personally try to avoid holding the same ETFs in taxable and tax advantaged accounts, so I don't need to worry about wash sale rules and complications with dividend reinvestment (but you can...
by manlymatt83
Thu Jan 14, 2021 10:31 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

I just got access to more tax advantaged space for 2021 (SEP IRA). For now, all of my AVUV/AVDV/AVEM is in taxable. My only other major holding is VT, which makes up most of my traditional IRA (alongside some PSLDX). Given that AVUV/AVDV/AVEM might have higher dividends than VT, would it make sense...
by manlymatt83
Thu Jan 14, 2021 10:14 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3115
Views: 1955168

Re: The Three-Fund Portfolio

Last question on this and I should be good to go.

If I want to hold VTI and VXUS in taxable, and VT in tax advantaged, can I also hold some VTI and VXUS in tax advantaged to balance out holdings in the taxable as needed? Or is that too risky due to wash sales? Or should I just be extra careful?
by manlymatt83
Thu Jan 14, 2021 9:46 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

I just got access to more tax advantaged space for 2021 (SEP IRA). For now, all of my AVUV/AVDV/AVEM is in taxable. My only other major holding is VT, which makes up most of my traditional IRA (alongside some PSLDX). Given that AVUV/AVDV/AVEM might have higher dividends than VT, would it make sense...
by manlymatt83
Thu Jan 14, 2021 5:01 pm
Forum: Personal Investments
Topic: "Designated Beneficiary" Account?
Replies: 3
Views: 402

"Designated Beneficiary" Account?

A few months ago, I added a beneficiary to my Individual Schwab account. I assume that just meant the account would go to my beneficiary in the event of my death. I was speaking with Schwab today and the rep told me that the account is actually a different type of account now.... it's a "Design...
by manlymatt83
Thu Jan 14, 2021 4:54 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

I just got access to more tax advantaged space for 2021 (SEP IRA). For now, all of my AVUV/AVDV/AVEM is in taxable. My only other major holding is VT, which makes up most of my traditional IRA (alongside some PSLDX). Given that AVUV/AVDV/AVEM might have higher dividends than VT, would it make sense ...
by manlymatt83
Wed Jan 13, 2021 6:21 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks - it isn’t just about picking winners vs losers
Replies: 38
Views: 3190

Re: Individual Stocks - it isn’t just about picking winners vs losers

I used to invest in individual stocks and at first I thought I was beating the market. I am not sure that I actually was after paying taxes on the stocks I sold. But the problem for me was always having to be making more and more decisions. I firmly believe that none of us are that good at making d...
by manlymatt83
Wed Jan 13, 2021 3:42 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

I have a funny question. When people say they tilt 30% to small cap value, does that mean that 30% of their equity is in small cap value and 70% is in total market, or does that mean that they own $30 of small cap value for every $100 of total market? The former is my understanding. So in that case...
by manlymatt83
Wed Jan 13, 2021 2:39 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

I have a funny question. When people say they tilt 30% to small cap value, does that mean that 30% of their equity is in small cap value and 70% is in total market, or does that mean that they own $30 of small cap value for every $100 of total market? The former is my understanding. So in that case...
by manlymatt83
Wed Jan 13, 2021 2:28 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

I have a funny question. When people say they tilt 30% to small cap value, does that mean that 30% of their equity is in small cap value and 70% is in total market, or does that mean that they own $30 of small cap value for every $100 of total market? Aren't these the same thing? Nope. One adds up ...
by manlymatt83
Wed Jan 13, 2021 1:54 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

I have a funny question.

When people say they tilt 30% to small cap value, does that mean that 30% of their equity is in small cap value and 70% is in total market, or does that mean that they own $30 of small cap value for every $100 of total market?
by manlymatt83
Wed Jan 13, 2021 1:34 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks - it isn’t just about picking winners vs losers
Replies: 38
Views: 3190

Re: Individual Stocks - it isn’t just about picking winners vs losers

I’m getting close to deciding to cut my “play” portfolio and just stick to entirely my (mostly index) funds I've started doing just this. 5 positions closed, 4 to go. It feels good. I'm close to retirement and "playing" with 5% of my portfolio has not brought me any joy. Agreed! I don’t e...
by manlymatt83
Wed Jan 13, 2021 12:41 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

Your 40/40/20 approach seemed prudent to me. I would avoid the habit of tinkering with these things; I can tell you from experience it is hard to stop once you start :twisted:. You caught me! :) The only other reason I'm asking is that my main holding is VT. Since that is market weighted across dom...
by manlymatt83
Wed Jan 13, 2021 12:40 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks - it isn’t just about picking winners vs losers
Replies: 38
Views: 3190

Re: Individual Stocks - it isn’t just about picking winners vs losers

My personal goal is not to have individual stocks. I used to "play", and learned my lesson the hard way, and went to indexing. I've rid myself of all individual stocks except for two "highly-appreciated" holdings in my taxable account. Together they comprise 5% of my portfolio. ...
by manlymatt83
Wed Jan 13, 2021 12:40 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks - it isn’t just about picking winners vs losers
Replies: 38
Views: 3190

Individual Stocks - it isn’t just about picking winners vs losers

I have exactly 9 holdings in my portfolio — 5 are ETFs, but 4 are individual stocks. I have a bias towards these companies but don’t necessarily think they will outperform. One of them is Disney - I like Disney and I like owning Disney stock. But then I see that .46% of VT is Disney, so I already ow...
by manlymatt83
Tue Jan 12, 2021 11:27 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

I've mostly been holding total market index funds (VTSAX, VTIAX).... But I'm considering adding a small tilt to value stocks (domestic and international). I've heard a lot of diverging thoughts on which funds to invest in. Some say you can only capture the Value premium through something like Dimen...
by manlymatt83
Tue Jan 12, 2021 10:59 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

It is hard for me to justify any single holding <10%, so if you have 10% AVEM for 1/2 of your portfolio, you just aren't getting enough diversification to really justify the complexity. I’m an advocate for a little more complexity. If a potential portfolio addition is expected to make a marginal im...
by manlymatt83
Tue Jan 12, 2021 7:46 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

MotoTrojan wrote: Tue Jan 12, 2021 7:45 pm
manlymatt83 wrote: Tue Jan 12, 2021 7:31 pm
Got it. And good points. I will keep the 40/40/20 :)
Glad to keep you from stepping over that ledge :sharebeer.
:)

Looking forward to the SCV meetup!
by manlymatt83
Tue Jan 12, 2021 7:31 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

How do people split their AVUV/AVDV/AVEM holdings? Your 40/40/20 approach seemed prudent to me. I would avoid the habit of tinkering with these things; I can tell you from experience it is hard to stop once you start :twisted:. You caught me! :) The only other reason I'm asking is that my main hold...
by manlymatt83
Tue Jan 12, 2021 7:19 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

How do people split their AVUV/AVDV/AVEM holdings? Your 40/40/20 approach seemed prudent to me. I would avoid the habit of tinkering with these things; I can tell you from experience it is hard to stop once you start :twisted:. You caught me! :) The only other reason I'm asking is that my main hold...
by manlymatt83
Tue Jan 12, 2021 5:35 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280826

Re: Small Cap Value heads Rejoice !!!

How do people split their AVUV/AVDV/AVEM holdings?
by manlymatt83
Mon Jan 11, 2021 9:52 pm
Forum: Investing - Theory, News & General
Topic: Anyone have a google sheets formula to pull in VTWAX domestic vs. international splits?
Replies: 15
Views: 788

Re: Anyone have a google sheets formula to pull in VTWAX domestic vs. international splits?

Where does Morningstar show 60/40? I see 56/44 on the portfolio tab that is updated monthly. I have actually build my own "live" tracker that follows mid-month movement based on using month-to-date ETF returns to approximate, but it's part of my personal workbook that tracks my positions....
by manlymatt83
Mon Jan 11, 2021 7:53 pm
Forum: Investing - Theory, News & General
Topic: I wish VTWAX was no transaction fee at Schwab
Replies: 59
Views: 3967

Re: I wish VTWAX was no transaction fee at Schwab

Nestegg_User wrote: Mon Jan 11, 2021 7:23 pm That's what I thought (...and it might be two fund families able to get a waiver for with a full one "large")

just use a combo of Schwab funds/ETF's and Vanguard ETF's to get "close enough" and call it a day
Agreed and will do. Thank you!
by manlymatt83
Mon Jan 11, 2021 5:51 pm
Forum: Investing - Theory, News & General
Topic: Anyone have a google sheets formula to pull in VTWAX domestic vs. international splits?
Replies: 15
Views: 788

Re: Anyone have a google sheets formula to pull in VTWAX domestic vs. international splits?

So TL;DR -- ignore it for purposes of manually managing VTI / VXUS manually when trying to match VT? Rounding error? How far down this rabbit hole do you want to take this? I might recalculate the percentage, using 99.83% as the denominator. Or round to 2 places, not 4. Good point, thank you.