Search found 155 matches

by RomeoMustDie
Tue Apr 28, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7319

Re: How do you explain no COVID19 Stimulus Payment?

Our income was/is too high for a COVID19 Stimulus payment, we don't mind not qualifying and we're in great financial shape (likely none of our friends or relatives are aware of that). We don't begrudge those that are eligible to receive them. That said we do get some inquiries and innuendo from fri...
by RomeoMustDie
Tue Apr 28, 2020 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1612
Views: 224872

Re: Fidelity as a one stop shop

1. Yes. 2. Yes. 3. Depends on what you’re using the money for. You can use it to buy stocks instantly, same day. You cannot use it to (for example) pay your Fidelity credit card bill out of your Fidelity cash management account the same day you transferred from your bank to the cash management acco...
by RomeoMustDie
Fri Apr 24, 2020 2:16 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 323941

Re: Best watch for around $5,000?

I bought a 280 dollar gucci watch recently and had to think about it for a couple of days. "it's Gucci time!"I'm sure watch guys would scoff at Gucci but who wants to have a beer with a watch guy? There are so many more interesting things that thousands will fetch than a watch. My gucci looks nice ...
by RomeoMustDie
Fri Apr 24, 2020 12:09 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 323941

Re: Best watch for around $5,000?

I bought a 280 dollar gucci watch recently and had to think about it for a couple of days. "it's Gucci time!"I'm sure watch guys would scoff at Gucci but who wants to have a beer with a watch guy? There are so many more interesting things that thousands will fetch than a watch. My gucci looks nice ...
by RomeoMustDie
Thu Apr 23, 2020 10:37 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 323941

Re: Best watch for around $5,000?

I bought a 280 dollar gucci watch recently and had to think about it for a couple of days. "it's Gucci time!"I'm sure watch guys would scoff at Gucci but who wants to have a beer with a watch guy? There are so many more interesting things that thousands will fetch than a watch. My gucci looks nice ...
by RomeoMustDie
Thu Apr 23, 2020 3:01 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 477034

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Wow, this is really interesting. You can historically get higher Sortino, high returns, and lower dependence on long term treasuries if you add in a dash of a long volatility ETF. We've been missing it, I think, since the VIIX was started in 2010. https://www.portfoliovisualizer.com/backtest-portfo...
by RomeoMustDie
Thu Apr 23, 2020 2:31 am
Forum: Investing - Theory, News & General
Topic: Are you a market timer if you sit on cash?
Replies: 26
Views: 2264

Re: Are you a market timer if you sit on cash?

Time in the market, not timing the market.
by RomeoMustDie
Wed Apr 22, 2020 9:10 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 477034

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I am happy to say that as of this morning my finds finally arrived and I am officially on the adventure! Looks like I am having a bad first day but who cares, I am in this for the long haul! Thanks everyone! I also just started, with $3k out of a $6k Roth IRA. Bought at UPRO = 36, TMF = 44 on Frida...
by RomeoMustDie
Wed Apr 22, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Play money investing question – telehealth stocks
Replies: 9
Views: 358

Re: Play money investing question – telehealth stocks

Anyone else evaluating telehealth stocks – under the assuming that COVID-19 will prompt a new "normal" in the way that patients receive care? TDOC most notably. I don't believe the hype (yet) related to connected health RPM programs (LVGO, etc.) in general, but I believe COVID-19 perhaps, has made ...
by RomeoMustDie
Tue Apr 21, 2020 5:10 pm
Forum: Personal Consumer Issues
Topic: BMW X5 - advice on purchase
Replies: 49
Views: 3083

Re: BMW X5 - advice on purchase

Thanks very much to all for your comments. This would be my first “luxury” car and a few of the comments have made me wonder whether it’s worth it or not. I’ll keep my eyes open on deals in the coming months and continue to weigh the pros and cons Why not lease it. BMW loves to lease out their cars...
by RomeoMustDie
Tue Apr 21, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: How to "invest" in oil?
Replies: 85
Views: 6617

Re: How to "invest" in oil?

Sector funds associated with oil prices could be interesting. Travel and automobile stocks are two in mind that benefit from lower fuel prices.
by RomeoMustDie
Mon Apr 20, 2020 4:57 pm
Forum: Investing - Theory, News & General
Topic: Price of oil has collapsed; how will this impact the economy?
Replies: 108
Views: 8530

Re: Price of oil has collapsed; how will this impact the economy?

I think you have it backwards. The current extreme low price of oil is a manifestation of the current and near-term expected demand for oil. So the low price is being influenced by expectations of the economy, not the other way around. I agree with this post. Demand for oil will decrease over time....
by RomeoMustDie
Mon Apr 20, 2020 4:53 pm
Forum: Investing - Theory, News & General
Topic: Price of oil has collapsed; how will this impact the economy?
Replies: 108
Views: 8530

Re: Price of oil has collapsed; how will this impact the economy?

I think you have it backwards. The current extreme low price of oil is a manifestation of the current and near-term expected demand for oil. So the low price is being influenced by expectations of the economy, not the other way around. I agree with this post. Demand for oil will decrease over time....
by RomeoMustDie
Mon Apr 20, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Price of oil has collapsed; how will this impact the economy?
Replies: 108
Views: 8530

Re: Price of oil has collapsed; how will this impact the economy?

I think you have it backwards. The current extreme low price of oil is a manifestation of the current and near-term expected demand for oil. So the low price is being influenced by expectations of the economy, not the other way around. I agree with this post. Demand for oil will decrease over time....
by RomeoMustDie
Sun Apr 19, 2020 3:52 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 477034

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Is the VIX even reliable as a forward indicator? Or does it only spike after stuff hits the fan? It is supposed to be an annualized forward looking estimate of the next 30 day's volatility, but staring at the VIX charts for a few hours does not instill me with much confidence in it's predictive cap...
by RomeoMustDie
Sun Apr 12, 2020 7:03 pm
Forum: Personal Investments
Topic: Is there a conservative fund?
Replies: 20
Views: 1471

Re: Is there a conservative fund?

Is there a conservative fund which provides 3-4% return all the time and will not loose much of face value. I know stocks provide higher return but there is also higher risk. Let's say I don't care for a higher return but just interested in marginal appreciation of my assets like beat the inflation...
by RomeoMustDie
Sun Apr 12, 2020 3:46 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 477034

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I'm considering to start this "adventure" inside a $6k Roth IRA which would represent a small part of my portfolio, mostly for my own interest and a bit of fun, hopefully with some decent results but knowing that it could all go wrong. The majority of my portfolio in taxable is with NTSX/VXUS/EDV a...
by RomeoMustDie
Sun Apr 12, 2020 3:42 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 477034

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Came across this new Risk Parity ETF launched earlier this year https://rparetf.com/rpar YTD 0.1% with ER 0.5% and yield of 0.7%- not bad considering the tumult in the markets How does that compare to excellent UPRO/TMF adventure for YTD? The ETF includes exposure to TIPS and commodities in additio...
by RomeoMustDie
Sun Apr 12, 2020 5:57 am
Forum: Investing - Theory, News & General
Topic: "Pandemic highlights problems with efficient-market hypothesis"
Replies: 11
Views: 1108

Re: "Pandemic highlights problems with efficient-market hypothesis"

I almost think the opposite. The market has been very volatile lately. And that seems to be driven by the large amount of significant new news each day. At first, we thought this might be the end of the world, and the market reacted. Since then, we thought it would be merely catastrophic, and the m...
by RomeoMustDie
Sun Apr 12, 2020 5:52 am
Forum: Personal Finance (Not Investing)
Topic: How often do you login and review your investment accounts?
Replies: 68
Views: 2559

Re: How often do you login and review your investment accounts?

Daily the same time I check my checking and credit card at Fidelity. :beer
by RomeoMustDie
Tue Apr 07, 2020 12:35 pm
Forum: Personal Investments
Topic: Benefits/novelty of single share of BRK.B?
Replies: 21
Views: 1724

Re: Benefits/novelty of single share of BRK.B?

In recent years, Buffett has been very clear that investors should not expect the same results going forward. In his 2014 annual letter to shareholders, Buffett said that "Berkshire's long-term gains ... cannot be dramatic and will not come close to those of the past 50 years." The problem is that ...
by RomeoMustDie
Tue Apr 07, 2020 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is Bogleheads.org any good at giving advice on college?
Replies: 6
Views: 705

Re: Is Bogleheads.org any good at giving advice on college?

With the continual spate of the question "Which college should be attended?" on bogleheads.org, I thought it would be good idea to a do a post-mortem on the advice and in a double-blind study. A post-mortem is to review a decision or advice that has already been made and acted upon. This is discuss...
by RomeoMustDie
Mon Apr 06, 2020 3:55 pm
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 206
Views: 21572

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

We have a record drop in oil and travel-based stocks right now. Bogle himself said 5% of the portfolio market timing is acceptable. What is the best way to become rich from this? Be rich to start with. 5% isn't going to move the needle. Maybe not with the cruise industry soon to be penny stocks :mr...
by RomeoMustDie
Fri Apr 03, 2020 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 10846

Re: How much have YOU reduced spending during downturns?

We're planning to retire 1/2021. I've been watching our portfolio and have felt at least a little of the pain I expect to feel when spending during a downturn. I know others reduce spending during a downturn, and it seems prudent, but how drastic were your cuts? Our plans for spending a couple mont...
by RomeoMustDie
Fri Apr 03, 2020 6:47 pm
Forum: Personal Investments
Topic: Why Do So Many Recommend 70% - 100% Stocks?
Replies: 167
Views: 9674

Re: Why Do So Many Recommend 70% - 100% Stocks?

I think this discussion would have more weight if you estimated the funds needed in retirement and then forecasted the historical CAGR of your asset allocations over the next 25 years to see if you will meet your requirements. You should also probably overshoot that amount to accommodate for changes...
by RomeoMustDie
Fri Apr 03, 2020 5:12 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2876
Views: 1871687

Re: The Three-Fund Portfolio

I am impressed by the fact that there are almost no panic posts in this thread even though the markets have had a major downturn and still hold plenty of uncertainty. This is another example of the value of a TRP with a proper AA. Stay the course and thank you to Mr Bogle and Mr Larimore :sharebeer...
by RomeoMustDie
Fri Apr 03, 2020 5:05 pm
Forum: Personal Investments
Topic: Do you want to own the whole haystack [VTI] when someone has a blowtorch?
Replies: 136
Views: 11409

Re: Do you want to own the whole haystack [VTI] when someone has a blowtorch?

Questioning my bogelhead core ideals. Generally we want diversification. It is a benefit. Are we sure it is a benefit during a pandemic. Won’t there be obvious winners and losers? Winners: 3M, Costco, Zoom, Amazon... others I will not share here. I feel I have as a physician very specific epidemic ...
by RomeoMustDie
Fri Apr 03, 2020 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Where Did You Find Your Best Hires?
Replies: 2
Views: 441

Re: Where Did You Find Your Best Hires?

Hey Folks, I love this community and the outlook of the folks on it, so I've come to you asking for advice. I have a question that is loosely investing related, but would value your thoughts anyways. I'm talking about hiring and team-building, the investment by an organization in its people to crea...
by RomeoMustDie
Fri Apr 03, 2020 4:35 pm
Forum: Investing - Theory, News & General
Topic: Is Bogleheads suffering a derivatives epidemic?
Replies: 40
Views: 3282

Re: Is Bogleheads suffering a derivatives epidemic?

What’s with all the derivatives posts here in BH. I read at least 5 just today . Options (anyone know about straddles?), LEAPs, holding mutual funds in your margin account so the fund can be liquidated in the event of a margin call... And that is count doesn’t include discussions of 3x leveraged ET...
by RomeoMustDie
Fri Apr 03, 2020 4:31 pm
Forum: Investing - Theory, News & General
Topic: Why don't all investors go 100% stocks
Replies: 72
Views: 5185

Re: Why don't all investors go 100% stocks

When the markets correct, you will have larger paper losses; however, in times of prosperity you will have larger gains. Seems to balance out and also provides the investor with the largest returns in the long term. Why not just stay 100% equities and stop watching the market? Why choose products t...
by RomeoMustDie
Fri Apr 03, 2020 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 116142

Re: Why are you NOT buying rental properties?

I could not imagine the stress of being a landlord or even not being able to pay the rent. We will get through this. It's no more stressful than losing 30% in the stock market, but having not sold anything, actually bought more by rebalancing, and having proper finances nothing has changed. As you ...
by RomeoMustDie
Fri Apr 03, 2020 1:52 pm
Forum: Personal Consumer Issues
Topic: Should I keep paying fitness center fees while it is closed?
Replies: 114
Views: 6320

Re: Should I keep paying fitness center fees while it is closed?

The fitness center that I belong to is closed like many businesses right now. Nobody knows for how long. I just got charged on my credit card April's membership dues, because the gym owner thinks that we should keep paying him/her even though it is closed, because well, they have staff to pay and t...
by RomeoMustDie
Fri Apr 03, 2020 11:06 am
Forum: Personal Investments
Topic: Portfolio Review Request, Thank you!
Replies: 16
Views: 646

Re: Portfolio Review Request, Thank you!

Hello to all the kind strangers in this forum! I wanted to reach out and post my newly established Roth IRA portfolio and I would really appreciate any other suggestions or ideas on my investment strategies, and/or knowledge accumulation book list etc. Background Info: * 24 yr old grad student gett...
by RomeoMustDie
Fri Apr 03, 2020 11:02 am
Forum: Personal Investments
Topic: Move Bonds in Brokerage to Buy Stocks
Replies: 5
Views: 357

Re: Move Bonds in Brokerage to Buy Stocks

Hi all, Right now I have a brokerage account made up as follows: VTSAX (Total US Stock) ~28,000 VTIAX (Total Int. Stock) ~13,000 VBTLX (Total Bond) ~17,000 Additionally I have a Roth IRA Target Retirement 2055, and a t401K also target retirement with approximately 27,000 dollars Our emergency fund ...
by RomeoMustDie
Fri Apr 03, 2020 10:52 am
Forum: Personal Finance (Not Investing)
Topic: If you have a secure, well-paying job and cash-heavy, would a recession be a good thing?
Replies: 92
Views: 6931

Re: If you have a secure, well-paying job and cash-heavy, would a recession be a good thing?

So this will be my first recession as a working adult. I was still in undergrad when the 2008 meltdown hit. I have a secure, well-paying job and significant cash reserves. I do not have anything on credit at the moment. Would a recession be good for me because I will be able to buy into the market ...
by RomeoMustDie
Fri Apr 03, 2020 5:31 am
Forum: Investing - Theory, News & General
Topic: So yesterday I leveraged up
Replies: 75
Views: 8087

Re: So yesterday I leveraged up

How much will 5% move the needle? If a strategy is sound why not scale up. Because scaling up will increase risk more than OP wants. Re moving the needle: If 100% equities returns 5% real in the long run and 105% equities returns 5.20% in the long run, then after 50 years the former gets you 11.5x ...
by RomeoMustDie
Thu Apr 02, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Home office deductions for mandatory work at home?
Replies: 18
Views: 1181

Re: Home office deductions for mandatory work at home?

Anyone know of a good resource that discusses the tax implications of making home office deductions? Is this something that is even possible to do if you are not self-employed and running a business from home? Like millions of other Americans both my wife and I have been sent to work from home and ...
by RomeoMustDie
Thu Apr 02, 2020 6:14 pm
Forum: Investing - Theory, News & General
Topic: So yesterday I leveraged up
Replies: 75
Views: 8087

Re: So yesterday I leveraged up

Not sure where this thread belongs or even what my purpose is. I'm not making recommendations, nor looking for confirmation, though a discussion on this topic would certainly be interesting. I've been a 100% stock guy for as long as I've been investing. I've never really felt the need to own bonds,...
by RomeoMustDie
Thu Apr 02, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1612
Views: 224872

Re: Fidelity as a one stop shop

Cash management account for cash. Roth for investments. Brokerage for when roth is full. Fidelity visa for 2% cash back. I keep it simple. Fidelity customer support recommended not buying stocks in CMA. Also don't see the utility of brokerage debit cards because that's a buy and hold space. Overall...
by RomeoMustDie
Thu Apr 02, 2020 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1612
Views: 224872

Re: Fidelity as a one stop shop

Cash management account for cash. Roth for investments. Brokerage for when roth is full. Fidelity visa for 2% cash back. I keep it simple. Fidelity customer support recommended not buying stocks in CMA. Also don't see the utility of brokerage debit cards because that's a buy and hold space. Overall ...
by RomeoMustDie
Thu Apr 02, 2020 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: bogleheading my car, opinions please. From a Tesla to a Honda
Replies: 84
Views: 5455

Re: bogleheading my car, opinions please. From a Tesla to a Honda

I'm not that much of a "car guy", though I like them. I'm relatively frugal and a natural saver. I'm nearing 50 and have only owned 3 cars my whole life, and the two I've sold reached at least 14 years old. We give a reasonable amount to charity. I'm somewhat of a minimalist. Even with all that sai...
by RomeoMustDie
Thu Apr 02, 2020 3:11 pm
Forum: Personal Investments
Topic: Is there increase in risk in going from VTI to ITOT?
Replies: 4
Views: 383

Re: Is there increase in risk in going from VTI to ITOT?

Hi bogleheads, I prepared for following actions for my first TLH: 4/3/2020 - buy ITOT sell VTI for the same amount of money 5/4/2020 - sell ITOT buy VTI (or later date if that helps avoiding cg) VTI has lower P/E and lower P/cashflow, which should mean it's less risky. Should I worry about that? Th...
by RomeoMustDie
Thu Apr 02, 2020 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: bogleheading my car, opinions please. From a Tesla to a Honda
Replies: 84
Views: 5455

Re: bogleheading my car, opinions please. From a Tesla to a Honda

Some while back I asked if I should drive my 5.5 year old Tesla Model S, which is off warranty, into the dirt or sell it. The overwhelming consensus was to drive it into the dirt. I just had the local honda dealer offer me a straight trade for a new 2020 loaded Honda Accord Touring, MSRP $37k, prob...
by RomeoMustDie
Thu Apr 02, 2020 3:44 am
Forum: Personal Finance (Not Investing)
Topic: bogleheading my car, opinions please. From a Tesla to a Honda
Replies: 84
Views: 5455

Re: bogleheading my car, opinions please. From a Tesla to a Honda

Some while back I asked if I should drive my 5.5 year old Tesla Model S, which is off warranty, into the dirt or sell it. The overwhelming consensus was to drive it into the dirt. I just had the local honda dealer offer me a straight trade for a new 2020 loaded Honda Accord Touring, MSRP $37k, prob...
by RomeoMustDie
Wed Apr 01, 2020 8:51 pm
Forum: Personal Consumer Issues
Topic: Safest way to get food
Replies: 168
Views: 13652

Re: Safest way to get food

What do you feel is the safest way to get food? Online shopping and pick up in the parking lot with the food delivered on top of the car or delivered to your house or personal shopping in grocery stores? The safest way to get food for me is the way it has always has been in my whole lifetime. Going...
by RomeoMustDie
Wed Apr 01, 2020 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: M1 Borrow - 2% margin loan
Replies: 28
Views: 1603

Re: M1 Borrow - 2% margin loan

This is great. Thanks for the update.
by RomeoMustDie
Wed Apr 01, 2020 5:00 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5316
Views: 477034

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I'm happy to say I can fully endorse Fidelity's dollar trading/fractional shares for UPRO/TMF. Just now I bought in with a market order $90k for my solo 401k for my UPRO/TMF portfolio. UPRO Bid/ask was a penny wide. I was charting on Thinkorswim and had the trade tape up. I got filled at the ask on...
by RomeoMustDie
Tue Mar 31, 2020 8:13 pm
Forum: Investing - Theory, News & General
Topic: Last few days stocks have risen - but rally lacks conviction
Replies: 49
Views: 3465

Re: Last few days stocks have risen - but rally lacks conviction

hisdudeness wrote:
Tue Mar 31, 2020 7:08 pm
RomeoMustDie wrote:
Tue Mar 31, 2020 6:03 pm
We still have room for another black swan event if a New Yorker gets out and infects the entire continental United States.
I got a chuckle out of this and I don't chuckle.
:beer
by RomeoMustDie
Tue Mar 31, 2020 6:14 pm
Forum: Investing - Theory, News & General
Topic: Market is irrational
Replies: 56
Views: 5064

Re: Market is irrational

Not sure if you want to be invested in the Fall when the second virus wave hits. We might all be dune buggy sand raiders by then.
by RomeoMustDie
Tue Mar 31, 2020 6:03 pm
Forum: Investing - Theory, News & General
Topic: Last few days stocks have risen - but rally lacks conviction
Replies: 49
Views: 3465

Re: Last few days stocks have risen - but rally lacks conviction

We still have room for another black swan event if a New Yorker gets out and infects the entire continental United States.