Search found 3290 matches

by edge
Fri Jan 19, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: Is the crypto market efficient?
Replies: 23
Views: 1896

Re: Is the crypto market efficient?

Some of these currencies are too concentrated in terms of large holders to be considered efficient markets imo.
by edge
Sun Jan 14, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 100
Views: 8506

Re: Hot Water Delay at faucet/shower far from water heater

You can get a water circulator.
by edge
Sun Jan 14, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 5785

Re: Nostalgic about old online brokerages that no longer exist

I don’t know what this is trying to get at but TD bank, a Canadian institution, owns a large share of TD Ameritrade. Iirc 40%. I know the "TD" in TD Bank's name stands for Toronto Dominion. Does anyone know if it means the same in Ameritrade and Waterhouse? I think Toronto Dominion is origin but it ...
by edge
Sun Jan 07, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: any success buying a car at lease end?
Replies: 25
Views: 2765

Re: any success buying a car at lease end?

List price is different than actual sales. The dealer knows more than you. Their own data, auction data, other dealership data, etc.
by edge
Sun Jan 07, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 8066

Re: Does the 3 fund portfolio seem somewhat flawed?

I don’t know what ITT is supposed to be. Try doing a thought exercise with a portfolio with two asset classes with equal yet negatively correlated returns. Anyway this forum is full of information much more technical than this thread. Use the search button. Why not both? Then we can take advantage o...
by edge
Sun Jan 07, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 8066

Re: Does the 3 fund portfolio seem somewhat flawed?

Why not both? Then we can take advantage of the rebalancing bonus (the one that hardly anybody actually understands). Ok so just have a portfolio of micro cap value. That will probably work. By optimal, I'm referring to long-term returns. More specifically, you mean emerging market micro cap value s...
by edge
Sun Jan 07, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 8066

Re: Does the 3 fund portfolio seem somewhat flawed?

Ok so just have a portfolio of micro cap value. That will probably work. What the heck is ‘optimal’ in this context? The market capitalization is what the market thinks the company is worth. Since the market determined the worth of these companies, then the market portfolio would reflect that. Seems...
by edge
Sun Jan 07, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 8066

Re: Does the 3 fund portfolio seem somewhat flawed?

What the heck is ‘optimal’ in this context? The market capitalization is what the market thinks the company is worth. Since the market determined the worth of these companies, then the market portfolio would reflect that. Seems obvious? The other metrics you mentioned: revenue, profits, or some othe...
by edge
Sat Jan 06, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 8066

Re: Does the 3 fund portfolio seem somewhat flawed?

The market capitalization is what the market thinks the company is worth. Since the market determined the worth of these companies, then the market portfolio would reflect that. Seems obvious? The other metrics you mentioned: revenue, profits, or some other metric cannot adequately capture the marke...
by edge
Sat Jan 06, 2018 10:17 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 8066

Re: Does the 3 fund portfolio seem somewhat flawed?

Because the point of the market portfolio is to achieve market returns. I am no expert like all the others who replied here, but here is how I understand why the 3 fund portfolio is not flawed in a simple humble way: Assume that there were only 3 companies in country xyz! Company A (Large Cap) that ...
by edge
Sat Jan 06, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody recommend a good equity fund?
Replies: 22
Views: 1779

Re: Anybody recommend a good equity fund?

For low balances look at star or life strategy balanced funds. The ishares balanced etfs are good too esp if you have free trades.
by edge
Sat Jan 06, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard site: can't pick destination fund for Roth conversion
Replies: 16
Views: 1392

Re: Vanguard site: can't pick destination fund for Roth conversion

Yes it was better like that. Vanguard’s processes and website are quite bad. For some reason when I did my conversion VG opened up new federal money market accounts. Typical VG clunkiness. The process used to be fine. It was like any other exchange, only it would catch it as a conversion and ask the...
by edge
Sat Jan 06, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: So ambitious w/ money but so risk-averse
Replies: 31
Views: 3481

Re: So ambitious w/ money but so risk-averse

I see greed, not ambition.
by edge
Sat Jan 06, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard site: can't pick destination fund for Roth conversion
Replies: 16
Views: 1392

Re: Vanguard site: can't pick destination fund for Roth conversion

Vanguard’s processes and website are quite bad. For some reason when I did my conversion VG opened up new federal money market accounts. Typical VG clunkiness.
by edge
Tue Jan 02, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 156
Views: 20240

Re: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?

What a waste of time.

They should add life strategy ETF share classes or do something else useful.
by edge
Mon Jan 01, 2018 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Consolidate to Single Financial Institution?
Replies: 30
Views: 3022

Re: Consolidate to Single Financial Institution?

I prefer to have a couple of different accounts eg fidelity and vanguard.
by edge
Mon Jan 01, 2018 6:52 pm
Forum: Personal Consumer Issues
Topic: Car headlights or Daytime Running Lights - what do you do?
Replies: 62
Views: 4616

Re: Car headlights or Daytime Running Lights - what do you do?

I usually use the auto setting on the headlights but I’ve observed that snow seems to trick it.
by edge
Mon Jan 01, 2018 6:50 pm
Forum: Investing - Theory, News & General
Topic: International stocks -- lose rebalancing benefit with total international index?
Replies: 14
Views: 1890

Re: International stocks -- lose rebalancing benefit with total international index?

Ferris is probably right but it’s just not worth the trouble for me. My portfolio is complex enough and I hold a separate EMV fund already.
by edge
Mon Jan 01, 2018 12:17 pm
Forum: Personal Consumer Issues
Topic: help me optimize new snow tires
Replies: 30
Views: 1947

Re: help me optimize new snow tires

I can get 4-5 seasons (20-30k miles) out of blizzaks if I drive carefully in the winter. The winters where we live now have snow from October through April. I would never ever drive the blizzaks in the warmer months. They are goopy in warm weather to the point of being unsafe and get horrible gas mi...
by edge
Mon Jan 01, 2018 2:48 am
Forum: Investing - Help with Personal Investments
Topic: is using HSA as investment vehicle worth the trouble?
Replies: 50
Views: 6123

Re: is using HSA as investment vehicle worth the trouble?

That's where I am, except I also use it now for medical expenses. Whatever is left over can be invested. No need to track paperwork. I see this question being posed about every month. The rules are clear. Either you are willing to go to the trouble of saving/scanning receipts and/or using a spreadsh...
by edge
Sun Dec 31, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Placing an order to buy VTSAX, at what price will the transaction be executed?
Replies: 21
Views: 2264

Re: Placing an order to buy VTSAX, at what price will the transaction be executed?

Settlement is not the same as execution. You obtain the price on the 2nd closing, money does not move until a day or two or whatever later. While placing an order in which I move money from a federal money market fund to VTSAX I got the following message: "Money moves out of your settlement fund one...
by edge
Sun Dec 31, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Curiosity: Blackrock
Replies: 18
Views: 2007

Re: Curiosity: Blackrock

See: https://www.bogleheads.org/forum/viewtopic.php?t=125475 https://www.bogleheads.org/wiki/Fund_of_funds#Taxes Looks like the FTC is OK these days. I remember a time when the total international fund at VG was a fund of funds which was problematic for some reason. They collapsed it at some point. ...
by edge
Sun Dec 31, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Curiosity: Blackrock
Replies: 18
Views: 2007

Re: Curiosity: Blackrock

I thought there were some tax implications for fund of funds structure. This probably is less important for bond funds but may be meaningful for equity funds. iShares funds are reasonable but they are rarely the least expensive. I keep some of my kid's investments in AOR which is a global balanced i...
by edge
Sun Dec 31, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Curiosity: Blackrock
Replies: 18
Views: 2007

Re: Curiosity: Blackrock

Blackrock is fine but they are an ETF provider. Most people initially concern themselves with which broker to use and then typically use VG ETFs. iShares funds are reasonable but they are rarely the least expensive. I keep some of my kid's investments in AOR which is a global balanced index fund fro...
by edge
Sun Dec 31, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 11937

Re: I Want to Buy a Horrible, Expensive Car

Ya, I sort of hit a limit in the 50-100k range where it just doesn't matter beyond that. And frankly I would rather have empty garage space than to fill it with another car. So I tend to lease something nice that can work as a daily driver and is appropriate for the weather conditions. That happens ...
by edge
Sat Dec 30, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: New Job Offer Dilemma
Replies: 20
Views: 1984

Re: New Job Offer Dilemma

Doesn’t seem like a good enough opportunity to leave.
by edge
Fri Dec 29, 2017 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Best way to average 7% in $1M+ 401K for next 10 years
Replies: 29
Views: 3330

Re: Best way to average 7% in $1M+ 401K for next 10 years

No one knows. But to hit that you would have to be investing in some pretty risky stuff and things would have to turn out well. I would also question the logic of 'hitting a number'. A bear could hit right as you retire which would impact that number significantly. Targeting a broad range, understan...
by edge
Thu Dec 28, 2017 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: is using HSA as investment vehicle worth the trouble?
Replies: 50
Views: 6123

Re: is using HSA as investment vehicle worth the trouble?

I use it for current medical expenses and invest the rest.
by edge
Sat Dec 23, 2017 6:52 am
Forum: Investing - Help with Personal Investments
Topic: REIT or No REIT
Replies: 98
Views: 15856

Re: REIT or No REIT

Like what? In other news when does your newsletter come out? My case: REITs are bad investments in a rising interest rate environment since they run on borrowed money. REITs are volatile. If they drop significantly, then that will be the time to buy them, but be prepared to sell them if they go up q...
by edge
Sun Dec 17, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Clever use of a "C" Corporation
Replies: 23
Views: 3728

Re: Clever use of a "C" Corporation

I tend to agree. Some professionals basically ‘make the donuts’. For some things it’s important to explore then yourself. I don't think you should be soliciting advice from anonymous posters on the web. Those who know, here, are likely professionals. Their ethics & practices agreements of their prof...
by edge
Tue Dec 12, 2017 12:22 pm
Forum: Personal Consumer Issues
Topic: NYC restaurant suggestion
Replies: 52
Views: 4404

Re: NYC restaurant suggestion

aquavit
nobu
per se

So many others.
by edge
Sun Dec 10, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 76
Views: 8047

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

I disagree. What you are doing has nothing to do with any kind of engineering. If it did you would be paid more and it would likely require an engineering degree. What you are doing sounds more like Helpdesk/data center ops/IT Ops/etc. Anything operations oriented is going to be low skill and low pa...
by edge
Fri Dec 08, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 76
Views: 8047

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

What he is doing is not 'hardware engineering'. What he is doing is IT support, which is on the blue collar spectrum, hence the compensation. Hardware engineering is what people at Intel or AMD or other hardware companies do. For the OP: Look at the different categories/classes of IT work and consid...
by edge
Fri Dec 08, 2017 3:41 am
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 7235

Re: What do Bogleheads say when they don't want to spend money?

I don’t fully understand the question. When I don’t want to buy something I say: “I don’t want to buy that”.
by edge
Sun Dec 03, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Just downsized at age 60...input appreciated
Replies: 56
Views: 5999

Re: Just downsized at age 60...input appreciated

You may want to be slightly more conservative.
by edge
Sat Dec 02, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA - uh oh
Replies: 19
Views: 3035

Re: Backdoor Roth IRA - uh oh

I’m not following. What made you think you would be eligible for normal ROTH contributions?
by edge
Sat Dec 02, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: Florida prepaid college plan. Dumb or undumb?
Replies: 34
Views: 14469

Re: Florida prepaid college plan. Dumb or undumb?

I wouldn’t do this. FL schools are pretty bad.
by edge
Sat Dec 02, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: The College Bubble - investment opportunities after the collapse?
Replies: 114
Views: 9809

Re: The College Bubble - investment opportunities after the collapse?

I suspect you haven’t left your cul de sac in a week or so. Along with all this, I think kids won't have to go to college anymore. This is because instead of pensions that go away when you die, their parents will have 401(k)s, 403(b)s, and IRAs that will get passed on to the children. They will be a...
by edge
Sat Dec 02, 2017 9:19 am
Forum: Personal Consumer Issues
Topic: Fair Price for a Kitchen Remodel
Replies: 37
Views: 4791

Re: Fair Price for a Kitchen Remodel

This is a rip-off.
by edge
Thu Nov 30, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 149
Views: 18975

Re: A good friend has nearly $1M in BitCoin what do I tell him?

BitCoin is pretty scary. It costs so much in electricity to mine new coins...the long term dynamics are terrifying.
by edge
Wed Nov 29, 2017 2:19 am
Forum: Personal Finance (Not Investing)
Topic: Interviewing at a former employer, should I give them my current salary when they ask?
Replies: 94
Views: 7536

Re: Interviewing at a former employer, should I give them my current salary when they ask?

You should do research and figure out what you are worth and what the targeted position should pay. Turn the discussion to that topic instead of focusing on what you currently make. In some states employers are no longer allowed to ask this question. If they become highly belligerent about it, then ...
by edge
Wed Nov 29, 2017 2:17 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 11234

Re: Can I afford a $1,400,000 house

Yes, you can afford this but I would wait till your debts are paid and your wife is somewhat settled in her job and you have decided this is the place to be. There are lots of 'unique' multi-million dollar homes and depending on the market they are hard to move. What is the expected PITI? Taxes coul...
by edge
Wed Nov 29, 2017 2:12 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 11234

Re: Can I afford a $1,400,000 house

It seems odd that your networth is so small? Did you mean > 10M? Perspective--I'm also a physician, I make about the same as the two of you combined and have NW>$1m, mostly because I'm 20 years older. My house is currently worth $600k, in California. Do yourself a favor and read The White Coat Inves...
by edge
Sun Nov 26, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking advice on 1.2m (now 900K) house purchase
Replies: 192
Views: 17825

Re: Seeking advice on 1.2m (now 900K) house purchase

Probably a good move. Assuming you like the place.