Search found 290 matches

by ERMD
Sat Jan 24, 2015 3:59 pm
Forum: Personal Investments
Topic: Gotta Be a Bear Market Coming
Replies: 64
Views: 10527

Re: Gotta Be a Bear Market Coming

Well I don't know, bull or bear. However I did find this article interesting. Stocks seem to be overvalued. http://www.huffingtonpost.com/jesse-felder/the-single-greatest-mista_b_6528350.html?utm_hp_ref=business&ir=Business burt sometimes you eat the bear market, and sometimes the bear market eats ...
by ERMD
Sat Jan 24, 2015 3:53 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 909
Views: 171686

Re: Boglehead Beer

linenfort wrote:The more stuff I try by SixPoint from Brooklyn, the more I love them.

This time it was Resin. So good.
http://www.beeradvocate.com/beer/profile/10607/77299/
as i mentioned above, i think sweet action is their best offering, but everything they make is good.
by ERMD
Sat Jan 24, 2015 5:36 am
Forum: Personal Investments
Topic: What to do w/ 2¢ interest credited after doing backdoor Roth
Replies: 9
Views: 1698

Re: What to do w/ 2¢ interest credited after doing backdoor

i was also interested in adding my two cents, but ladygeek beat me to it.
by ERMD
Fri Jan 23, 2015 4:49 pm
Forum: Personal Investments
Topic: Gotta Be a Bear Market Coming
Replies: 64
Views: 10527

Re: Gotta Be a Bear Market Coming

the bear market will officially begin 24 hours after jim cramer declares: "this bull market will last a thousand years!"
by ERMD
Fri Jan 23, 2015 9:37 am
Forum: Personal Consumer Issues
Topic: What is highest paying cash credit card
Replies: 24
Views: 4688

Re: What is highest paying cash credit card

For cash back, my BOA Plat Priv card gives me 1.5/3/4.5 on everything/groceries/gas with no annual fee. Composite probably ends up being 2.1-2.2%.
by ERMD
Thu Jan 22, 2015 2:07 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 909
Views: 171686

Re: Boglehead Beer

This is the post to end this thread: =======================================================================================================> That IS the Boglehead beer, period. Consumer Reports even proved it one year. However, I grew up on it and have not purchased it since college. I don't do Bo...
by ERMD
Wed Jan 21, 2015 3:43 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 909
Views: 171686

Re: Boglehead Beer

in no particular order:

dogfish 90, six point sweet action, ommegang rare vos, delirium tremens, smuttynose finestkind, sam summer, abita purple haze, and my old college go-to, miller high life.

the high life has the lowest ER of the group, by far.
by ERMD
Wed Jan 21, 2015 2:32 am
Forum: Investing - Theory, News & General
Topic: Simplified UB&H has been underperforming the S&P500 - Why?
Replies: 6
Views: 1176

Re: Simplified UB&H has been underperforming the S&P500 - Wh

John3754 wrote:That fund is 38% foreign stocks and foreign stocks have underperformed domestic stocks over the past few years. That's why.
+1. almost 40% international equities is pretty high.
by ERMD
Wed Jan 21, 2015 1:55 am
Forum: Investing - Theory, News & General
Topic: "When you've won the game, stop playing"
Replies: 83
Views: 13829

Re: "When you've won the game, stop playing"

bill:

thanks for the article. i always though pascal's wager was silly and slightly condescending, the sort of thing you tell a 6-year-old so they don't put up a fight about going to church on sunday. i'd rather stay at home and watch cartoons!

// z
by ERMD
Tue Jan 20, 2015 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: What % of AGI did you pay in taxes for 2014?
Replies: 5
Views: 775

Re: What % of AGI did you pay in taxes for 2014?

will add refund on the low end. includes federal/state income and payroll. you can post something more comprehensive in april -- i just couldn't wait that long to get a sense of where people were at since i filed now. i realize income ranges make a difference, though i assume the income range on thi...
by ERMD
Tue Jan 20, 2015 4:47 pm
Forum: Personal Investments
Topic: Better to file taxes separately if married?
Replies: 23
Views: 3522

Re: Better to file taxes separately if married?

married filing separately rarely makes sense, unless you think your spouse is doing something financially untoward and you want to limit your liability. there are a few other uncommon exceptions.
by ERMD
Tue Jan 20, 2015 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Worth upgrading from Delta Gold to Platinum?
Replies: 4
Views: 798

Re: Worth upgrading from Delta Gold to Platinum?

i thought about it, but decided it wasn't worth it.
by ERMD
Tue Jan 20, 2015 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: What % of AGI did you pay in taxes for 2014?
Replies: 5
Views: 775

What % of AGI did you pay in taxes for 2014?

For early filers -- just curious. I usually file the day I receive our W2s and I'm always interested to see how much of our AGI is going to taxes.
by ERMD
Tue Jan 20, 2015 3:30 pm
Forum: Investing - Theory, News & General
Topic: What was your costliest investment mistake?
Replies: 162
Views: 35776

Re: What was your costliest investment mistake?

don't have a huge timeline to draw from, but i worked for three years at a former employer without putting a cent towards a 403b, despite a very generous match in place. i remember telling people the interest on my debt was so high (~8%), it didn't make any sense to invest, because i couldn't expect...
by ERMD
Tue Jan 20, 2015 1:21 pm
Forum: Investing - Theory, News & General
Topic: 529 Plans Reform
Replies: 24
Views: 2137

Re: 529 Plans Reform

Don't you know, it's not what you think, it's what THEY think that matters. Anyone who's breathing and earns income is a fruit tree just waiting to be harvested. :greedy No, he's going to tax your offspring's inheritance instead - called spreading the wealth around. are you taking advantage of bein...
by ERMD
Tue Jan 20, 2015 1:08 pm
Forum: Investing - Theory, News & General
Topic: 529 Plans Reform
Replies: 24
Views: 2137

Re: 529 Plans Reform

Love getting a comment in before threads get locked. I agree with the above. Funny how he thinks the middle class will like having a college savings account benefit ripped away from them. i believe it's been mentioned on several recent threads that 529 plans are optimized for the upper class, since...
by ERMD
Tue Jan 20, 2015 10:27 am
Forum: Personal Consumer Issues
Topic: urgent: how to identify top surgeons for a procedure
Replies: 49
Views: 5997

Re: urgent: how to identify top surgeons for a procedure

beware: "top hospital" and "top doctor" lists from popular magazines are, to a good degree, popularity contests. you can be a mediocre clinician, but conduct great research and head up a department in a big name hospital, and end up as a "top doc". i know several who are quite accomplished, yet i wo...
by ERMD
Tue Jan 20, 2015 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Non-cash donations -- actual and practical limit?
Replies: 3
Views: 578

Re: Non-cash donations -- actual and practical limit?

i usually deduct 250-500 annually for non-cash donations to goodwill or salvation. i wouldn't hesitate to go up to about 1000 with the flimsy, self-report documentation. if i had something professionally appraised as more valuable, or were meticulous about itemizing my donations, photographing them,...
by ERMD
Tue Jan 20, 2015 8:47 am
Forum: Investing - Theory, News & General
Topic: Today was a Really Bad Day in Shanghai
Replies: 27
Views: 4786

Re: Today was a Really Bad Day in Shanghai

VictoriaF wrote:The bull has left the China shop.

Victoria
badum bum
by ERMD
Mon Jan 19, 2015 12:53 pm
Forum: Investing - Theory, News & General
Topic: is the pitch for index-based annuities childish?
Replies: 15
Views: 1107

Re: is the pitch for index-based annuities childish?

i know index annuities are a hot topic right now, but it really struck me: isn't the entire premise childish? you're hoping for equity-like returns with no risk and no volatility? isn't this the investing equivalent of buying magic beans? Not if you ask the investor to pay a high enough fee to buy ...
by ERMD
Mon Jan 19, 2015 12:33 pm
Forum: Investing - Theory, News & General
Topic: is the pitch for index-based annuities childish?
Replies: 15
Views: 1107

is the pitch for index-based annuities childish?

i know index annuities are a hot topic right now, but it really struck me: isn't the entire premise childish? you're hoping for equity-like returns with no risk and no volatility? isn't this the investing equivalent of buying magic beans?
by ERMD
Sun Jan 18, 2015 12:40 pm
Forum: Personal Investments
Topic: Year-end financial statements?
Replies: 5
Views: 775

Year-end financial statements?

Anyone else put together a year-end financial statement for their families/themselves in Word/Excel? Was interested in seeing what other people did as a template. I was thinking a simple table in Word with year as the row, and columns for: AGI, Federal taxes/%, State taxes/%, Retirement accounts, Ta...
by ERMD
Sat Jan 17, 2015 9:14 pm
Forum: Investing - Theory, News & General
Topic: Tony Robbins & Indexed Annuities
Replies: 7
Views: 1939

Re: Tony Robbins & Indexed Annuities

i'm not besmirching annuities in general. like all insurance products, they serve a real and justifiable purpose in the right setting. i'm besmirching tony robbins hawking a specific, confusing subset of annuities about which he will serve as both endorser and, indirectly, supplier. and then brushin...
by ERMD
Sat Jan 17, 2015 11:15 am
Forum: Investing - Theory, News & General
Topic: Tony Robbins & Indexed Annuities
Replies: 7
Views: 1939

Re: Tony Robbins & Indexed Annuities

Indeed, the annuity he promised in the book does not exist yet because the first insurer withdrew right after the book went to press. He and his partners are working with another insurer now and expect the new product to emerge in the third quarter of this year. By diving into the financial service...
by ERMD
Fri Jan 16, 2015 8:12 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Calculation
Replies: 25
Views: 2742

Re: Rebalancing Calculation

That makes sense - I cant do simple math :) It is 8% relative as opposed to 8% absolute. The idea that I was having is that I was looking at the a whole instead of just looking at each one individually. The example you gave of 36.8-43.2 is correct. Typing too fast for my slow thinking. I am using 8...
by ERMD
Thu Jan 15, 2015 2:27 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads 2015 Hedge Fund Contest
Replies: 227
Views: 43821

Re: Bogleheads 2015 Hedge Fund Contest

too bad RSH isn't on the russell 3000 -- had to switch it out for ANF at the last minute.

http://money.cnn.com/2015/01/14/news/co ... index.html
by ERMD
Thu Jan 15, 2015 2:10 pm
Forum: Personal Investments
Topic: Should I transfer 529 plan: 'advisor guided' to 'savings
Replies: 4
Views: 955

Re: Should I transfer 529 plan: 'advisor guided' to 'savings

you're being ripped off, as you've discovered already. the direct state sponsored plans at nysaves.org are the way to go.
by ERMD
Wed Jan 14, 2015 7:59 am
Forum: Personal Investments
Topic: Help setting up college savings account
Replies: 37
Views: 3945

Re: Help setting up college savings account

Generally, a family should make maximum possible legal contributions to their retirement plans before contributing even one cent to a 529 plan. is that necessarily true? even putting aside the fact that 529 funds are attractive to folks who live in places with high state taxes and deductible contri...
by ERMD
Sun Jan 11, 2015 9:54 am
Forum: Investing - Theory, News & General
Topic: What is the international portion of your portfolio and why?
Replies: 140
Views: 20210

Re: What is the international portion of your portfolio and

Regardless of where I lived in the world, my default equity allocation would be a world tracker, if I had no opinions about the values of different markets. I probably would construct the world-tracker manually from funds that between them cover the world, instead of using a single fund, as that wo...
by ERMD
Sat Jan 10, 2015 6:34 pm
Forum: Personal Investments
Topic: How much is too much for tax deferred investing
Replies: 23
Views: 4631

Re: How much is too much for tax deferred investing

tax diversification. 401k, 457, roth, taxable account, and if you have access to a venezuelan partially-exempt widget fund, you should put a few sheqels in there too.
by ERMD
Sat Jan 10, 2015 6:27 pm
Forum: Investing - Theory, News & General
Topic: Psychology vs. Fundamentals of investing
Replies: 61
Views: 6340

Re: Psychology vs. Fundamentals of investing

Nowizard wrote:Because you have been lucky" or "because your choices have frequently been rewarded."
or because, if you have the wiggle room, rolling the dice every now and then is fun.
by ERMD
Sat Jan 10, 2015 6:15 pm
Forum: Investing - Theory, News & General
Topic: What is the international portion of your portfolio and why?
Replies: 140
Views: 20210

Re: What is the international portion of your portfolio and

gkaplan wrote: should note that the Vanguard FTSE All-World ex-US Small-Cap Index Fund, itself, consists of about fifteen percent emerging markets, I belief.
15.08%.
by ERMD
Sat Jan 10, 2015 12:21 pm
Forum: Personal Investments
Topic: REIT tilt in 401k
Replies: 1
Views: 479

Re: REIT tilt in 401k

fwiw, average risk/return and 3 stars/bronze per m*.
by ERMD
Sat Jan 10, 2015 11:48 am
Forum: Personal Investments
Topic: Can you TLH seized assets?
Replies: 5
Views: 844

Re: Can you TLH seized assets?

i think that fits the bill. it was a hypothetical question. thanks.
by ERMD
Sat Jan 10, 2015 11:32 am
Forum: Investing - Theory, News & General
Topic: What is the international portion of your portfolio and why?
Replies: 140
Views: 20210

Re: What is the international portion of your portfolio and

40% of equities in Vanguard FTSE All-Wld x-US.
Morningstar Gold!
by ERMD
Sat Jan 10, 2015 9:21 am
Forum: Personal Investments
Topic: Can you TLH seized assets?
Replies: 5
Views: 844

Can you TLH seized assets?

I have a feeling the answer is no, but can't find any specific information otherwise. If you have, say, 100k in a non-gov 457, and the organization declares bankruptcy and those assets are seized by creditors, can you TLH the 100k?
by ERMD
Fri Jan 09, 2015 8:33 pm
Forum: Investing - Theory, News & General
Topic: 16 Vanguard funds on the "Money 50" list
Replies: 5
Views: 1335

Re: 16 Vanguard funds on the "Money 50" list

being the "kiss of death" for VGTSX would require a james bond villain of some sort.
by ERMD
Tue Jan 06, 2015 8:57 pm
Forum: Investing - Theory, News & General
Topic: Are markets becoming inefficient?
Replies: 15
Views: 2449

Re: Are markets becoming inefficient?

In an inefficient market, those who make poor decisions can be exploited by those who play a superior game/have superior information. Eventually most of the money will be transferred to those who play with an advantage, and the suckers playing without an advantage will see their bankrolls grow smal...
by ERMD
Tue Jan 06, 2015 6:49 am
Forum: Personal Investments
Topic: Taxable account versus 457b
Replies: 14
Views: 2557

Re: Taxable account versus 457b

Anyone know what happens to funds if you leave non government employer that has your 457b funds? Is it a taxable distribution automatically or can you keep it there? How about once you retire, how do distributions work? How about checking the credit rating of the health care entity I work at? Is th...
by ERMD
Sun Jan 04, 2015 10:58 am
Forum: Personal Investments
Topic: 401k Fund Selection
Replies: 23
Views: 2524

Re: 401k Fund Selection

to clarify, i made an error above - should be 3% blackrock 2k, not 6%.
by ERMD
Sun Jan 04, 2015 10:40 am
Forum: Investing - Theory, News & General
Topic: Bogleheads 2015 Hedge Fund Contest
Replies: 227
Views: 43821

Re: Bogleheads 2015 Hedge Fund Contest

Dewey, Cheatem & Howe Asymptotic Growth Fund (HOOSONFST)
"Money frees you from doing things you dislike."

Long:
Aetna, Inc. (AET)
WebMD Health Corp (WBMD)
Leucadia National Corp. (LUK)

Short:
Herbalife Ltd. (HLF)
Sears Holding Corp (SHLD)
Abercrombie & Fitch (ANF)
by ERMD
Sun Jan 04, 2015 9:06 am
Forum: Personal Investments
Topic: 401k Fund Selection
Replies: 23
Views: 2524

Re: 401k Fund Selection

Regarding making a 3-fund portfolio from the BlackRock's & PIMCO, could you explain that? You completely lost me there. Thanks again. the three fund portfolio is total US market, total international market, and total bond market index funds. you don't have those options, but you can approximate tho...
by ERMD
Sat Jan 03, 2015 10:57 pm
Forum: Personal Investments
Topic: 401k Fund Selection
Replies: 23
Views: 2524

Re: 401k Fund Selection

go with her 457. you still don't have any truly low-fee vanguard indices but those are much more reasonable options. i'd probably go for a mix of the blackrock russel 1000, EAFE, and the pimco bond fund.
by ERMD
Sat Jan 03, 2015 8:52 pm
Forum: Personal Investments
Topic: 401k Fund Selection
Replies: 23
Views: 2524

Re: 401k Fund Selection

you are getting hosed on fees. i agree with putting money in a roth first and potentially your wife's 401k before putting any more lipstick on that pig of a retirement plan.
by ERMD
Sat Jan 03, 2015 5:56 pm
Forum: Investing - Theory, News & General
Topic: Why not just follow John Bogle
Replies: 78
Views: 8002

Re: Why not just follow John Bogle

if merriman and swenson say the same exact thing bogle says, they don't really have a reason to be around.
by ERMD
Sat Jan 03, 2015 5:54 pm
Forum: Personal Investments
Topic: Rebalancing via contributions
Replies: 19
Views: 2419

Re: Rebalancing via contributions

There is no market timing involved. I have to disagree. Rebalancing by selling/buying is based on a point in time when one asset class has out or under performed another, than selling one to buy another in hopes that from that point forward they will maintain their same percentage values. Then what...
by ERMD
Sat Jan 03, 2015 5:45 pm
Forum: Personal Investments
Topic: Small cap tilt
Replies: 8
Views: 978

Re: Small cap tilt

livesoft wrote:I answered the OP's question. It is not "bad" to overweight EM. They already have EM in their total int'l which I thought was the question, so it is "unnecessary" to buy some separately for "diversification".
i can't tell if your overuse of "quotation marks" was ironic or not.
by ERMD
Sat Jan 03, 2015 10:23 am
Forum: Personal Investments
Topic: Max 30% U.S. equities?
Replies: 3
Views: 506

Re: Max 30% U.S. equities?

i hold 21% domestic large caps and 21% extended market index, along with 25% TBM and 33% FTSE index. if i was holding 35% bonds, i'd probably drop all three equities indices equally (i.e. 18% domestic large, 18% domestic extended, and 30% FTSE.) in that scenario, i don't really see holding 36% US eq...
by ERMD
Sat Jan 03, 2015 9:37 am
Forum: Personal Investments
Topic: Small cap tilt
Replies: 8
Views: 978

Re: Small cap tilt

if it were me, i'd just reduce your equities exposure equally among all your holdings, rather than have a specific "small cap glidepath".