Search found 1042 matches

by Elysium
Fri Dec 11, 2015 7:30 pm
Forum: Personal Consumer Issues
Topic: BMW current and past owners -- how was the reliability and would you buy another?
Replies: 89
Views: 17779

Re: BMW current and past owners -- how was the reliability and would you buy another?

edge wrote:Um, I don't think I've seen a cop up here around the Potomac in 20 years.

It's pretty much the same in MD right across the river.
sure, but you have very narrow winding roads with single lanes, how fast can you go?
by Elysium
Fri Dec 11, 2015 7:21 pm
Forum: Personal Consumer Issues
Topic: BMW current and past owners -- how was the reliability and would you buy another?
Replies: 89
Views: 17779

Re: BMW current and past owners -- how was the reliability and would you buy another?

Ya, depends on your commute and where you live. Out here in great falls va there is more opportunity to have some fun (safely) than in LA metro. I didn't really push my M3 outside of the track though. A 335 (340 now) or blown V6 Jag XE seem to have better utility. 328 just feels really slow and wit...
by Elysium
Fri Dec 11, 2015 7:10 pm
Forum: Investing - Theory, News & General
Topic: Check-In on Emerging Market Sentiment
Replies: 57
Views: 6672

Re: Check-In on Emerging Market Sentiment

What is the point of calling yourself a Boglehead if you cannot follow the very basic tenet of Bogle advice - stay the course You either tune out the noise and stay the course, or you start second guessing your AA decisions every time you read something or hear something, second one is called waveri...
by Elysium
Thu Dec 10, 2015 9:58 pm
Forum: Personal Consumer Issues
Topic: BMW current and past owners -- how was the reliability and would you buy another?
Replies: 89
Views: 17779

Re: BMW current and past owners -- how was the reliability and would you buy another?

Many posters pointed out the driving experience. I would say as former owner who owned the twin turbo powered 335, it gets a bit boring after while. I mean you are not driving down scenic winding roads or highways with very high speed limits every day, most of the time if you are driving to work in ...
by Elysium
Thu Dec 10, 2015 9:41 pm
Forum: Investing - Theory, News & General
Topic: Recession on the Horizon - Sensationalist Noise or Actionable Information?
Replies: 36
Views: 5294

Re: Recession on the Horizon - Sensationalist Noise or Actionable Information?

No one actually knows what will happen. Recessions are very scary if you are heavily invested in the stock market, especially if you have a lot to lose. Effect of losses aren't all the same, for instance if you are 30 and only $300K in the market, then losing $150K in a year may seem scary but not w...
by Elysium
Thu Dec 10, 2015 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Is Emerging Markets the only game in town?
Replies: 9
Views: 1967

Re: Is Emerging Markets the only game in town?

I cannot dispute your comments, personally I hold the global market, but if you believe that stock indexes return to mean, and that the PE10s of Emerging Markets are way below historical average,then there is more than a compelling reason to believe that eventually they will do better than develope...
by Elysium
Thu Dec 10, 2015 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Is Emerging Markets the only game in town?
Replies: 9
Views: 1967

Re: Is Emerging Markets the only game in town?

I stopped bothering about short term forecasts made by GMO. Yes, 7 years is a very short time period and is not very useful. Looking at past 10 year returns we have the following for the broad market index funds. VTSMX 7.31% VGTSX 3.01% VEIEX 3.52% VBMFX 4.5% Looks like except the US stock and bond ...
by Elysium
Wed Dec 09, 2015 6:24 pm
Forum: Personal Consumer Issues
Topic: BMW current and past owners -- how was the reliability and would you buy another?
Replies: 89
Views: 17779

Re: BMW current and past owners -- how was the reliability and would you buy another?

I'm considering buying a used high mileage BMW but don't want to be a huge money pit . You can stop right there. Those two highlighted parts don't go well together. BMW's are only good when they are new and under warranty, a high mileage BMW is a money pit, there is a good reason why they sell for ...
by Elysium
Tue Dec 08, 2015 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Simplify wife's 401k with TR fund
Replies: 3
Views: 450

Re: Simplify wife's 401k with TR fund

I don't see any issues with the 401(k), but maybe with the other accounts. What I mean by this is that my spouse has for years and years used only one single fund in her 401(k): whichever one had the lowest expense ratio. We just adjusted the other accounts to have to get our overall portfolio asse...
by Elysium
Tue Dec 08, 2015 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Simplify wife's 401k with TR fund
Replies: 3
Views: 450

Simplify wife's 401k with TR fund

My wife's 401k is invested in 3 funds as follows. Vg Instl Plus Index (500 index) 42%, Vg Instl Plus Total Intl 33%, Vg Instl Plus Total Bond 25%. I have been thinking about it lately to simplify further with just the Vg TR Instl Plus 2030 Fund. It is invested 45% in Ttl Stock Idx, 30% Ttl Intl Idx,...
by Elysium
Tue Dec 08, 2015 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 30846

Re: A car nicer than the boss?

MB S550 is not going to turn heads or grab attention. This the type of car that most people will associate with someone who has worked their way up the ladder and most employees would have no issue with their CFO driving a car like this. In fact, they would be surprised if the CFO didn't drive a ca...
by Elysium
Tue Dec 08, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 30846

Re: A car nicer than the boss?

MB S550 is not going to turn heads or grab attention. This the type of car that most people will associate with someone who has worked their way up the ladder and most employees would have no issue with their CFO driving a car like this. In fact, they would be surprised if the CFO didn't drive a car...
by Elysium
Tue Dec 08, 2015 8:59 am
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 30846

Re: A car nicer than the boss?

Recently DH and I were at an event and one of his underlings was also there. I noticed that the underling drives a Lexus and DH drives a Honda. I said "Why does So-and So drive a Lexus and you drive a Honda?!" DH didn't miss a beat, looked me dead in the eye and said "His wife works." :D I still la...
by Elysium
Mon Dec 07, 2015 9:44 am
Forum: Investing - Help with Personal Investments
Topic: [Are there any exploitable inefficiencies?]
Replies: 82
Views: 8785

Re: Have the Bogleheads gone too far?

All it takes is one really bad trade that goes against him and all the profts he built in above the market will be gone, pooof! just like that and he will be trailing the market, then the question becomes should he abandon his strategy or continue with the hope of making up for more. On top of all t...
by Elysium
Sun Dec 06, 2015 9:48 am
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 30846

Re: A car nicer than the boss?

"A Baronet must be seen to live like a Baronet, an executive must be seen to live like an executive" (to paraphrase Jane Austen's Persuasion ). You don't hear much about executives getting guff for buying expensive stuff outside of a few outliers in the news. In normal life for 99% of the 1%, buyin...
by Elysium
Sun Dec 06, 2015 9:40 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 296
Views: 46619

Re: OPM breach and credit freeze

Credit freeze should fall under "taken all prudent measures". If anything were to still happen, then the protection and recovery shouldn't be conditional on having signed up for the credit monitoring services offered.
by Elysium
Sat Dec 05, 2015 8:05 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 296
Views: 46619

Re: OPM breach and credit freeze

Message deleted - off topic and adds no specific value to the thread.
by Elysium
Fri Dec 04, 2015 8:15 pm
Forum: Investing - Theory, News & General
Topic: AQR Style Premia Alternative (QSPIX) to close; AQR Style Premia Alternative II to open
Replies: 82
Views: 12605

Re: AQR Style Premia Alternative (QSPIX) to close; AQR Style Premia Alternative II to open

Why would anyone on this forum be interested in these funds. They have high expense ratios, 1.5% to 1.75%, when most Vanguard funds can be bought for a fraction of that, and they have high turnover, 145% or above, indicating commodities, futures, swaps, currency hedges and what not, half of which m...
by Elysium
Fri Dec 04, 2015 7:08 pm
Forum: Investing - Theory, News & General
Topic: AQR Style Premia Alternative (QSPIX) to close; AQR Style Premia Alternative II to open
Replies: 82
Views: 12605

Re: AQR Style Premia Alternative (QSPIX) to close; AQR Style Premia Alternative II to open

Why would anyone on this forum be interested in these funds. They have high expense ratios, 1.5% to 1.75%, when most Vanguard funds can be bought for a fraction of that, and they have high turnover, 145% or above, indicating commodities, futures, swaps, currency hedges and what not, half of which mo...
by Elysium
Fri Dec 04, 2015 1:05 pm
Forum: Investing - Theory, News & General
Topic: Teaching investment theory to a child
Replies: 30
Views: 2037

Re: Teaching investment theory to a child

If he's interested in becoming a good investor, especially versus a speculator, that's great and the more he can learn from you now will help set him on the right path. He wants to be an inventor not an investor when he grows up, that is what he says mostly and he works on some ideas in the health ...
by Elysium
Fri Dec 04, 2015 12:48 pm
Forum: Investing - Theory, News & General
Topic: Teaching investment theory to a child
Replies: 30
Views: 2037

Re: Teaching investment theory to a child

If he's interested in becoming a good investor, especially versus a speculator, that's great and the more he can learn from you now will help set him on the right path. He wants to be an inventor not an investor when he grows up, that is what he says mostly and he works on some ideas in the health ...
by Elysium
Fri Dec 04, 2015 12:50 am
Forum: Investing - Theory, News & General
Topic: Teaching investment theory to a child
Replies: 30
Views: 2037

Re: Teaching investment theory to a child

Just curious that he seems to know already some of what's out there and to be fairly positive about what he wants. Where is he learning this? Is he this positive about other subjects in school? I am not sure whether he's not supposed to have some of these ideas, he's a straight 'A' student in schoo...
by Elysium
Thu Dec 03, 2015 8:01 pm
Forum: Investing - Theory, News & General
Topic: Teaching investment theory to a child
Replies: 30
Views: 2037

Re: Teaching investment theory to a child

One other thing I would mention is that when he said "I want to buy AAPL", did you say, "You can have AAPL as well as thousands of other companies too"? In other words, I think too many people look at investing as an "either/or" rather than an "and". He doesn't have to choose AAPL to the exclusion ...
by Elysium
Thu Dec 03, 2015 2:43 pm
Forum: Investing - Theory, News & General
Topic: Teaching investment theory to a child
Replies: 30
Views: 2037

Re: Teaching investment theory to a child

I guess I would just ask if there is a reason you are letting him run his experiment with real money? Fake money will have no real learning impact, he will go with classic behavioral assumption that he would do well with real money and the fake money contest didn't show his real skill. I know the r...
by Elysium
Thu Dec 03, 2015 2:20 pm
Forum: Investing - Theory, News & General
Topic: Teaching investment theory to a child
Replies: 30
Views: 2037

Teaching investment theory to a child

My son turned 13 this year and we have been discussing investments and finance lately. I have explained the basics of capital markets in bits and pieces to him, as much as a 13 year olds attention span on these topics can tolerate. The good thing is that most of these topics are initiated by him. An...
by Elysium
Thu Dec 03, 2015 2:06 pm
Forum: Investing - Theory, News & General
Topic: Fairholme (FAIRX) warning
Replies: 44
Views: 5554

Re: Picking Fund Managers ?

Just say no to active funds, especially concentrated ones. Best wishes. Unfortunately the only way to get any significant advantage through active management is to invest in the concentrated ones. Then you get the problem of not knowing whether the manager has skill or was it luck. The only way to ...
by Elysium
Thu Dec 03, 2015 8:59 am
Forum: Personal Consumer Issues
Topic: What is the "Honda Accord" of bicycles?
Replies: 78
Views: 8536

Re: What is the "Honda Accord" of bicycles?

If you are looking for a casual ride on pavements and occasional dirt path with your daughter or family, then it doesn't matter which brand you buy, they are all made in a couple of the same Chinese factory as another person pointed out. The only thing I would do is avoid the big box stores and get ...
by Elysium
Wed Dec 02, 2015 9:47 pm
Forum: Investing - Theory, News & General
Topic: Fairholme (FAIRX) warning
Replies: 44
Views: 5554

Re: Fairholme (FAIRX) warning

Is this a popular fund? If so, why? I see it has an expense ratio of 1%. I also see that it currently has 25% of assets in cash. Of the equity portfolio, about half is invested in just 5 funds. It is classified one of those "non-diversified" funds, according to the 1940 Securities Act definition. I...
by Elysium
Wed Dec 02, 2015 9:30 pm
Forum: Personal Consumer Issues
Topic: Buying Acura MDX from Carmax
Replies: 6
Views: 1393

Re: Buying Acura MDX from Carmax

Carmax is fine. I have sold two cars to them in last 10 years, and bought none. But you should know they charge more than what you could get from a dealer with a little bit of negotiation, and in many cases these days internet price listed by dealers is better than Carmax, if not you can always ask ...
by Elysium
Wed Dec 02, 2015 5:07 pm
Forum: Personal Consumer Issues
Topic: "Congratulations on your purchase!" (But why?)
Replies: 27
Views: 5415

Re: "Congratulations on your purchase!" (But why?)

Does your daughter get some level of enjoyment or happiness from these equestrian events? And do you in turn get some level of enjoyment or happiness from seeing your daughter happy? The truck and trailer are tools that enable that happiness and money is a tool that enables those. It is really cong...
by Elysium
Wed Dec 02, 2015 4:12 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 296
Views: 46619

Re: OPM breach and credit freeze

I called up Vanguard to understand what measures they could do to protect the accounts. Most of it are well known to people on this forum, but still re-iterating. - Online access can be strengthened with 2F authentication and two options to receive security code - You can select the option to have s...
by Elysium
Tue Dec 01, 2015 8:08 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 296
Views: 46619

Re: OPM breach and credit freeze

If you freeze credit then even the protection service offered cannot be enabled? What exactly do they do? only credit monitoring? If so, credit freeze should solve that problem I guess, since no one can apply new credit or run credit reports. Also, wondering if some accounts offer more protection th...
by Elysium
Tue Dec 01, 2015 11:44 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 296
Views: 46619

Re: OPM breach and credit freeze

(The letter from the IRS states, however, that the account has been "marked with an identity theft indicator" so hopefully that offers some modicum of protection in the interim.) You mean all accounts that were identified as stolen has been marked with id theft indicator? If so, that makes it very ...
by Elysium
Tue Dec 01, 2015 9:57 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 296
Views: 46619

Re: OPM breach and credit freeze

This may seem like a stupid question, but I am going to ask anyway. How will it be known to whoever has your social security, dob, address, and other details that you have an account with Vanguard or some other investment company? That information is not reported by credit reporting agencies, and t...
by Elysium
Tue Dec 01, 2015 8:45 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 296
Views: 46619

Re: OPM breach and credit freeze

This may seem like a stupid question, but I am going to ask anyway. How will it be known to whoever has your social security, dob, address, and other details that you have an account with Vanguard or some other investment company? That information is not reported by credit reporting agencies, and th...
by Elysium
Mon Nov 30, 2015 9:45 pm
Forum: Personal Consumer Issues
Topic: Help me decide between Lexus GX460 and Toyota Highlander (Hybrid/Non-Hybrid)
Replies: 75
Views: 16504

Re: Help me decide between Lexus GX460 and Toyota Highlander (Hybrid/Non-Hybrid)

Don't know if it was mentioned, but the GX is the US version of the Toyota Landcruiser Prado, which is a very popular "junior" land cruiser sold internationally, especially in areas where people care a lot whether they have a break-down, or difficult to navigate streets or terrain. Lexus has the on...
by Elysium
Mon Nov 30, 2015 2:34 pm
Forum: Personal Consumer Issues
Topic: Help me decide between Lexus GX460 and Toyota Highlander (Hybrid/Non-Hybrid)
Replies: 75
Views: 16504

Re: Help me decide between Lexus GX460 and Toyota Highlander (Hybrid/Non-Hybrid)

UPDATE: I puchased the 2016 Lexus GX 460. Paid around $150 over invoice, $99 processing fee, TTL, and got it in exact color combination and features that I wanted. I was waiting until I had enough driving data on it to provide an update, and after 600 miles that included both short city/suburban tri...
by Elysium
Thu Nov 26, 2015 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Careerpath - switch to independant from full time employed in IT
Replies: 15
Views: 1461

Re: Careerpath - switch to independant from full time employed in IT

I made the switch from w-2 for a large consulting company to going on my own. I FAR prefer being independent. Some thoughts: 1) I have WAY more direct control over what I'm involved in. As an employee I personally had limited control over my projects and it depended a lot on a pipeline I wasn't per...
by Elysium
Thu Nov 26, 2015 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Careerpath - switch to independant from full time employed in IT
Replies: 15
Views: 1461

Re: Careerpath - switch to independant from full time employed in IT

An interesting thread. Having the trust and time to understand process makes me happy in a full time role. Are you happiest as a project worker or someone who is an integral part of a process? I don't see the integral part of a process part anymore, things may be different elsewhere, but I just don...
by Elysium
Thu Nov 26, 2015 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Careerpath - switch to independant from full time employed in IT
Replies: 15
Views: 1461

Re: Careerpath - switch to independant from full time employed in IT

I will also be working for the same client I am with and along similar job responsibilities. Are you sure that this will be possible with not only your employment agreement but whatever agreement the company has with your current employer? Non-compete clauses are not allowed in some states but you ...
by Elysium
Wed Nov 25, 2015 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Careerpath - switch to independant from full time employed in IT
Replies: 15
Views: 1461

Re: Careerpath - switch to independant from full time employed in IT

Can relate working for global consulting mega corp and then progressing to Independent consulting. If you are aware of your skills, your market area, then go for it. If you have one good client and a few fall back in the area, no need to worry too much. I have been, there and done it, so go ahead. ...
by Elysium
Wed Nov 25, 2015 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Careerpath - switch to independant from full time employed in IT
Replies: 15
Views: 1461

Re: Careerpath - switch to independant from full time employed in IT

I was an independent contractor in IT for more many years. I'm guessing there is survivorship bias is your observations, so to balance things out: 1. customers' objective will be to pay less for you as a contractor than an employee would cost, not more. 2. if you are able to renew your contract at ...
by Elysium
Wed Nov 25, 2015 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Careerpath - switch to independant from full time employed in IT
Replies: 15
Views: 1461

Re: Careerpath - switch to independant from full time employed in IT

It seems very risky to me, but if your wife's income can cover bills and insurance, it may be worth it. I also work for a consulting megacorp. I often see clients "hire" independent consultants on project teams due to their specific skill set. Seems like a tough life to me: always looking for their...
by Elysium
Wed Nov 25, 2015 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Careerpath - switch to independant from full time employed in IT
Replies: 15
Views: 1461

Careerpath - switch to independant from full time employed in IT

I am considering a major shift, and need some opinion from those who have done it. I have been in IT for nearly 22 years and currently work as consultant for a global consulting mega corp. The name recognition and respect that comes along with it are great, but the salary growth and carrer growth ar...
by Elysium
Tue Nov 24, 2015 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: How many credit inquiries is "too many?"
Replies: 10
Views: 1808

Re: How many credit inquiries is "too many?"

Once you have above 740 or 750 which is what is needed for best credit, then it doesn't matter whether you are 775 or 850.
by Elysium
Tue Nov 24, 2015 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO Umbrella- Almost Too Good to be True
Replies: 36
Views: 6045

Re: GEICO Umbrella- Almost Too Good to be True

It's cheap because no one actually seems to be needing it. I used to have one that was similarly low priced and then I realized I am simply carrying something that I don't need. How do you define it as something you don't need. You don't need most insurance until you do . Insurance companies are ve...
by Elysium
Tue Nov 24, 2015 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO Umbrella- Almost Too Good to be True
Replies: 36
Views: 6045

Re: GEICO Umbrella- Almost Too Good to be True

It's cheap because no one actually seems to be needing it. I used to have one that was similarly low priced and then I realized I am simply carrying something that I don't need. How do you define it as something you don't need. You don't need most insurance until you do . Insurance companies are ve...
by Elysium
Tue Nov 24, 2015 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: DFFVX [DFA U.S. Targeted Value Institutional Class]
Replies: 14
Views: 2210

Re: DFFVX

I have owned it since 2005, so I know couple of things about it, and I have to say some of the answers here are not correct. I do not know if Vanguard Small Value of late has started looking more like DFFVX, but it is more closer to it's cousin DFA Small Value, meaning both have deeper factor loads....
by Elysium
Tue Nov 24, 2015 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO Umbrella- Almost Too Good to be True
Replies: 36
Views: 6045

Re: GEICO Umbrella- Almost Too Good to be True

It's cheap because no one actually seems to be needing it. I used to have one that was similarly low priced and then I realized I am simply carrying something that I don't need. How do you define it as something you don't need. You don't need most insurance until you do . Insurance companies are ve...
by Elysium
Tue Nov 24, 2015 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO Umbrella- Almost Too Good to be True
Replies: 36
Views: 6045

Re: GEICO Umbrella- Almost Too Good to be True

It's cheap because no one actually seems to be needing it. I used to have one that was similarly low priced and then I realized I am simply carrying something that I don't need.