Search found 224 matches
- Sun Dec 10, 2017 12:16 pm
- Forum: Investing - Theory, News & General
- Topic: Would a Bitcoin Crash affect the general markets?
- Replies: 25
- Views: 2631
Re: Would a Bitcoin Crash affect the general markets?
Nothing. The total value of all bitcoin is a rounding error compared to the trillions in assets moving around the world daily. I’m not so sure. With exchanges opening up leverage and derivatives will more and more become part of the game. These will amplify the effects of price movement of the underlying commodity. It wasn’t the decline in housing prices which caused the financial crisis, it was all the derivatives tied to the leveraged credit in the housing sector. Eventually this could be an issue with cryptocurrencies, but not yet. Bitcoin is the symptom of a larger problem, which is very loose monetary policy. Global banks were in deep with housing derivatives. There is no evidence that global banks are playing in Bitcoin. Have you hea...
- Sun Dec 10, 2017 8:40 am
- Forum: Investing - Theory, News & General
- Topic: Would a Bitcoin Crash affect the general markets?
- Replies: 25
- Views: 2631
Re: Would a Bitcoin Crash affect the general markets?
Nothing. The total value of all bitcoin is a rounding error compared to the trillions in assets moving around the world daily.
- Sun Dec 03, 2017 8:35 pm
- Forum: Forum Issues and Administration
- Topic: Is it time to put limit of max 99 active Bitcoin topics?
- Replies: 9
- Views: 1635
Re: Is it time to put limit of max 99 active Bitcoin topics?
The sheer number of Bitcoin threads on BH is itself overwhelming evidence of a massive bubble.
- Sun Dec 03, 2017 5:49 am
- Forum: Personal Investments
- Topic: Currently have $700,000 at 26 years old get $100,000 a year
- Replies: 165
- Views: 34851
Re: Currently have $700,000 at 26 years old get $100,000 a year
This has been one of the more entertaining BH threads that I've read. Thanks OP. What a troll job.
- Wed Nov 29, 2017 2:20 am
- Forum: Personal Finance (Not Investing)
- Topic: A good friend has nearly $1M in BitCoin what do I tell him?
- Replies: 149
- Views: 21690
Re: A good friend has nearly $1M in BitCoin what do I tell him?
I would congratulate him on his success and then talk about something else.
- Tue Nov 14, 2017 10:47 pm
- Forum: Personal Consumer Issues
- Topic: Re: Where to buy a Vanguard hat? An Update and good news
- Replies: 152
- Views: 41974
Re: Where to buy a Vanguard hat? An Update and bad news
I never understood the concept of paying to be a walking billboard for a company. Shouldn't the company on the cap pay the wearer of the cap to promote the company?
- Sun Nov 12, 2017 2:09 pm
- Forum: Personal Consumer Issues
- Topic: Investing HOA reserve money?
- Replies: 24
- Views: 4446
Re: Investing HOA reserve money?
Putting HOA reserves in the stock market strikes me as a terrible idea. High yield savings account is the way to go.
- Tue Nov 07, 2017 7:06 am
- Forum: Investing - Theory, News & General
- Topic: "$1 Million is Closer Than You Think"
- Replies: 54
- Views: 11572
Re: "$1 Million is Closer Than You Think"
Cute gimmick, but without information on asset allocation, it's as useful as a screen door on a submarine.
- Mon Oct 30, 2017 10:03 pm
- Forum: Personal Investments
- Topic: My 401k is almost all cash now. 1/2 Mil
- Replies: 89
- Views: 12660
Re: My 401k is almost all cash now. 1/2 Mil
OP is absolutely right.
The market is inevitably going to crash eventually!
The market is inevitably going to crash eventually!
- Fri Oct 27, 2017 6:27 am
- Forum: Investing - Theory, News & General
- Topic: Morningstar responds to Wall Street Journal article
- Replies: 23
- Views: 4614
Re: Morningstar responds to Wall Street Journal article
So M* is launching their own mutual funds to compete with the funds their analysts rate. I couldn't imagine any conflicts emerging from that!
Personally, I find the comparison data and charts that M* provides very interesting.
Their ratings seem to be primarily a vehicle for fund companies to push funds with strong recent track records. I generally disregard.
Disclosure: I was pay walled from reading the wsj article
Personally, I find the comparison data and charts that M* provides very interesting.
Their ratings seem to be primarily a vehicle for fund companies to push funds with strong recent track records. I generally disregard.
Disclosure: I was pay walled from reading the wsj article
- Wed Oct 25, 2017 12:52 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
- Replies: 129
- Views: 40798
Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Naming the funds "Wellesley" and "Wellington" strikes me as a cheap marketing gimmick; as does splashing them all over the VG website when I log in and log out.
- Sat Oct 07, 2017 12:45 pm
- Forum: Investing - Theory, News & General
- Topic: Flagship Reps
- Replies: 91
- Views: 11937
Re: Flagship Reps
The incessant complaints I read in here about VG customer service reeks of wanting to have your cake and eat it too. VG obviously prioritizes low cost, no frills above all else. If you need personalized attention and hand holding from a financial advisor, call Merrill Lynch and they'll happily connect you to somebody who will take 1% a year to know your name, and all about your family and personal financial issues. If you have a $5 million account the FA might even take you out to dinner or give you luxury box tickets to the game.
Personally, I've chosen to knowingly sacrifice the FA experience in favor of paying a fraction of their fees. In my opinion self directed means self directed.
Personally, I've chosen to knowingly sacrifice the FA experience in favor of paying a fraction of their fees. In my opinion self directed means self directed.
- Sat Sep 02, 2017 9:55 am
- Forum: Personal Consumer Issues
- Topic: Florida Hurricanes: When and where to go?
- Replies: 141
- Views: 19546
Re: Florida Hurricanes: When and where to go?
In terms of evacuation, only evacuate if you are in the highest risk areas (right on the coast, mobile home etc.). Trying to guess even 3 days out exactly where a hurricane will hit is almost impossible. In other words, you could end up evacuating into more danger.
- Sat Sep 02, 2017 4:15 am
- Forum: US Chapters
- Topic: Where is Livesoft? Was The Woodlands Flooded
- Replies: 36
- Views: 8714
Re: Where is Livesoft? Was The Woodlands Flooded
Interesting to get a first hand account of the situation. Thank you. Sensationalistic reporting for ratings clearly doesn't begin and end with financial news. I've tuned it all out.
- Wed Aug 30, 2017 6:00 am
- Forum: Investing - Theory, News & General
- Topic: [Bitcoin] question
- Replies: 131
- Views: 16430
Re: Bit Coin question
LOLL SO TRUECodeMaster wrote: ↑Tue Aug 29, 2017 12:04 pmNo crazier than investing in some paper with a picture and some numbers printed on it.barnaclebob wrote: ↑Tue Aug 29, 2017 11:56 amLOL WOW... those are some crazy answers and crazy people investing in FILES people can just MAKE UP.
[/quote]
The U.S. Dollar (with the picture and serial number on it) is backed by the full faith and credit of the U.S. Government, which is in turn backed by enormous military power and the legal power to imprison you if you don't pay your taxes (in U.S. Dollars). Crypto currencies don't have any of that. To me crypto currencies function a lot more like gold than legal tender.
- Wed Aug 23, 2017 11:32 am
- Forum: Personal Investments
- Topic: Are US S&P 500 Index funds speculative investments?
- Replies: 63
- Views: 7363
Re: Are US S&P 500 Index funds speculative investments?
Anything you do with your money, including putting it under your mattress, entails some degree of speculation. IMO buying the S&P 500 is less speculative than entrusting an active manager with picking winners.
- Fri Aug 18, 2017 10:34 am
- Forum: Personal Investments
- Topic: Need a high risk option for $250
- Replies: 22
- Views: 3954
Re: Need a high risk option for $250
I have a diversified retirement plan in place. I'm just looking to take some extra cash and play some market swings and such. All of the online traders want a $500 initial deposit. I'd rather start with $200-300. Any advice would be greatly appreciated. This is monies I have previously set aside for sports betting and such which has taken me for a somewhat unpleasant ride. Any advice would be highly regarded. - JDUB Welcome to the forum. Extra money? So you're maxing out your 401(k)? You're maxing out your IRA? Your maxing out an HSA? Your maxing out a 529 (if you have kids)? You've paid off the mortgage entirely and own your home free and clear? You're donating to your favorite charities? The reason I think this is not the case is because...
- Thu Aug 17, 2017 6:18 pm
- Forum: Personal Investments
- Topic: Need a high risk option for $250
- Replies: 22
- Views: 3954
Re: Need a high risk option for $250
I have a diversified retirement plan in place. I'm just looking to take some extra cash and play some market swings and such. All of the online traders want a $500 initial deposit. I'd rather start with $200-300. Any advice would be greatly appreciated. This is monies I have previously set aside for sports betting and such which has taken me for a somewhat unpleasant ride. Any advice would be highly regarded. - JDUB Welcome to the forum. Extra money? So you're maxing out your 401(k)? You're maxing out your IRA? Your maxing out an HSA? Your maxing out a 529 (if you have kids)? You've paid off the mortgage entirely and own your home free and clear? You're donating to your favorite charities? The reason I think this is not the case is because...
- Sun Aug 13, 2017 6:10 am
- Forum: Personal Investments
- Topic: [Stashing a windfall in the safest possible place while deciding what to do next]
- Replies: 45
- Views: 4786
Re: Stashing a windfall in the safest possible place while deciding what to do next
Anything wrong with dumping it all in BSV until you figure it out?
- Sat Aug 12, 2017 5:22 pm
- Forum: Personal Consumer Issues
- Topic: Cheapest way to upgrade iPhones ?
- Replies: 37
- Views: 6127
Re: Cheapest way to upgrade iPhones ?
I bring the sim card from the old phone to the ATT store with the new phone and have them do the work!sixtyforty wrote: ↑Sat Aug 12, 2017 7:22 amIs it just a matter of switching out the SIM card ? How is the cell number provisioned in the new phone ? How did you transfer all the data (if not in the cloud) ? Any advantage to going unlocked ?Eric76 wrote:I order refurbished phones for my wife and me through eBay. Never had an issue. Paid $360 for a 64GB 6s a few weeks ago.
Apologize for all the questions.. but this is really a great option I hadn't thought about.. !
- Sat Aug 12, 2017 6:18 am
- Forum: Personal Consumer Issues
- Topic: Cheapest way to upgrade iPhones ?
- Replies: 37
- Views: 6127
Re: Cheapest way to upgrade iPhones ?
I order refurbished phones for my wife and me through eBay. Never had an issue. Paid $360 for a 64GB 6s a few weeks ago.
- Sat Aug 12, 2017 6:15 am
- Forum: Investing - Theory, News & General
- Topic: Redfin
- Replies: 29
- Views: 6735
Re: Redfin
As a disclaimer, I tend to be a late adopter of technology. I paid a total of 4.5% re commission on a traditional transaction when I sold my home in 2015. I found that to be reasonable as I wouldn't have wanted to do showings, host an open house, negotiate directly with prospective buyers, or (as a previous post mentioned) deal with the paperwork.
- Sun Aug 06, 2017 10:53 pm
- Forum: Investing - Theory, News & General
- Topic: "What Is Vanguard 500 Index's Achilles Heel?"
- Replies: 17
- Views: 3527
Re: "What Is Vanguard 500 Index's Achilles Heel?"
No mid cap/small cap exposure.
- Tue Aug 01, 2017 4:08 am
- Forum: Personal Finance (Not Investing)
- Topic: What to do with 3oz of gold?
- Replies: 28
- Views: 5795
Re: What to do with 3oz of gold?
I have a few oz of gold similar to these gold bars https://goo.gl/i8QJn8 what do you recommend I do with these? Continue to hold onto them? Sell them for cash? I don't need the cash at this time but I wanted to see if there's a way to invest it or not. Sell and reinvest in your asset allocation. If you want to own gold, there is a vehicle which holds physical gold-- is it an ETF?. I think many of those holding physical gold are worried about the <zombie apocalypse, black helicopters, communist/fascist/anarchist/Randian overthrow of the government, catastrophe du jour> and need the coins to pay for <safe passage, ammo, beans> when it comes. Those of us without such hordes of gold will be <sorry, eaten by zombies, first up against the wall>....
- Tue Jul 18, 2017 1:35 pm
- Forum: Investing - Theory, News & General
- Topic: Do you pay fees to buy funds or ETFs?
- Replies: 46
- Views: 5004
Re: Do you pay fees to buy funds or ETFs?
I pay zero to buy/sell any ETF/stock (up to 30/mo.) at Merrill Edge. I have never paid fees to buy funds or ETFs; I probably never will. I paid a stock commission exactly once, to buy 1 share of Berkshire Hathaway, because it would save me more in insurance costs than the commission. I encourage everyone to avoid commissions. There really is no need these days to pay them, in most situations. Can you explain the bolded? GEICO insurance is owned by Berkshire and offers a discount to shareholders. I have Geico and didn't know that. How are you expected to prove that you are a stockholder? It is on the honor system, as far as I know. I have never needed to prove I own a share. I'm sure I have Berkshire Hathaway stock in my VTI. Does that coun...
- Sat Jul 15, 2017 12:18 pm
- Forum: Investing - Theory, News & General
- Topic: Market vs Limit order
- Replies: 50
- Views: 8515
Re: Market vs Limit order
Unless I'm buying relatively illiquid stocks and/or stocks with wide bid/ask spreads, I'll buy/sell at market price.
- Fri Jul 14, 2017 3:52 am
- Forum: Investing - Theory, News & General
- Topic: Do you pay fees to buy funds or ETFs?
- Replies: 46
- Views: 5004
Re: Do you pay fees to buy funds or ETFs?
I have Geico and didn't know that. How are you expected to prove that you are a stockholder?John Doe 123 wrote:GEICO insurance is owned by Berkshire and offers a discount to shareholders.Eric76 wrote:Can you explain the bolded?triceratop wrote:I pay zero to buy/sell any ETF/stock (up to 30/mo.) at Merrill Edge. I have never paid fees to buy funds or ETFs; I probably never will.
I paid a stock commission exactly once, to buy 1 share of Berkshire Hathaway, because it would save me more in insurance costs than the commission.
I encourage everyone to avoid commissions. There really is no need these days to pay them, in most situations.
- Thu Jul 13, 2017 10:48 pm
- Forum: Investing - Theory, News & General
- Topic: Do you pay fees to buy funds or ETFs?
- Replies: 46
- Views: 5004
Re: Do you pay fees to buy funds or ETFs?
Can you explain the bolded?triceratop wrote:I pay zero to buy/sell any ETF/stock (up to 30/mo.) at Merrill Edge. I have never paid fees to buy funds or ETFs; I probably never will.
I paid a stock commission exactly once, to buy 1 share of Berkshire Hathaway, because it would save me more in insurance costs than the commission.
I encourage everyone to avoid commissions. There really is no need these days to pay them, in most situations.
- Sun Jul 09, 2017 7:37 pm
- Forum: Personal Finance (Not Investing)
- Topic: A good VISA card for Gas & Groceries?
- Replies: 66
- Views: 23570
Re: A good VISA card for Gas & Groceries?
I'd have thought supermarket is Target, Walmart, etc. I'm surprised that Stop&Shop qualifies for 3% back in their definition of supermarkets. Below is definition of supermarket I got from dictionary.com for you: a large retail market that sells food and other household goods and that is usually operated on a self-service basis. Ah, thanks! I also found this hidden in their website which actually more clearly defines supermarkets as more of grocery stores: https://www.americanexpress.com/us/content/rewards-info/retail.html I recently used my B of A cash rewards card instead of my AMEX preferred at a small farm store. They sold stuff like fruit, wine and pies made at the farm. It was definitely not a traditional supermarket with deli, se...
- Fri Jul 07, 2017 7:39 pm
- Forum: Personal Finance (Not Investing)
- Topic: A good VISA card for Gas & Groceries?
- Replies: 66
- Views: 23570
Re: A good VISA card for Gas & Groceries?
With B of A preferred platinum honors rewards visa you get 5.25% cash back on gas, 3.5% on groceries, 1.75% on other.
- Fri Jul 07, 2017 5:34 am
- Forum: Investing - Theory, News & General
- Topic: "Bond wipeout has just begun"???
- Replies: 84
- Views: 15107
Re: "Bond wipeout has just begun"???
Maybe. Then again, maybe not.
- Sun Jul 02, 2017 10:46 pm
- Forum: Personal Finance (Not Investing)
- Topic: Rich Inlaws - Buy Us a House and Let Us Live Rent Free/Cheap?
- Replies: 28
- Views: 3858
Re: Rich Inlaws - Buy Us a House and Let Us Live Rent Free/Cheap?
If your father in law wanted to gift you money, I think he wouldn't need you to explain how to do it. I don't intend to sound harsh, but what you're doing is begging for a handout. If you want to spend more time with your son and less time working (a noble goal), why not move to a place where cost of living is lower so you could enjoy a higher quality of life?
- Sun Jul 02, 2017 5:06 am
- Forum: Personal Investments
- Topic: New to Investing. $25,000 to Invest.
- Replies: 20
- Views: 3215
Re: New to Investing. $25,000 to Invest.
It's a perfectly reasonable approach to have entire equity position in S&P.Thesaints wrote:If you are investing for retirement several decades from now, sure! Actually, why not 100% stocks ?
Also, you probably want substantial exposure to foreign markets, which neither bershire, no the S&P have.
It would be bad if several decades down the road it turned out that it was that half of the investing world which outperformed.
- Mon Jun 26, 2017 7:08 am
- Forum: Personal Investments
- Topic: Vanguard LifeStrategy Fund
- Replies: 5
- Views: 1449
Re: Vanguard LifeStrategy Fund
The boglehead move is to limit taxable bonds to retirement accounts. Because the life strategy funds all include a percentage of taxable bonds, they are not the best vehicle for a taxable account.
- Sun Jun 25, 2017 8:58 am
- Forum: Investing - Theory, News & General
- Topic: Your Favorite Vanguard Fund
- Replies: 93
- Views: 16223
Re: Your Favorite Vanguard Fund
Life Strategy Growth. 80/20 set it and forget it. I'm also a big fan of High Yield Corporate Admiral. Unbeatable fees for exposure to conservative end of junk bonds.
- Sat Jun 24, 2017 4:44 pm
- Forum: Personal Investments
- Topic: How does Fidelity makes money, if I own all Vanguard funds or ETFs
- Replies: 56
- Views: 8875
Re: How does Fidelity makes money, if I own all Vanguard funds or ETFs
They collect interchange fees on every transaction you make.rebellovw wrote:How do credit card companies make money when they offer 2% cash back and you always pay your full bill - meaning no interest?
- Thu Jun 22, 2017 5:56 am
- Forum: Investing - Theory, News & General
- Topic: Email from VG - Vanguard Rep is on Leave ??
- Replies: 22
- Views: 5106
Re: Email from VG - Vanguard Rep is on Leave ??
Well said.Thesaints wrote:Flagship is the new Voyager Select...
- Wed Jun 21, 2017 4:22 pm
- Forum: Investing - Theory, News & General
- Topic: is offering this [Vanguard] website feature feasible?
- Replies: 29
- Views: 4084
Re: is offering this [Vanguard] website feature feasible?
Don't folks just use morningstar.com to do exactly this? How? The Portfolio X-Ray Stock Intersection tool. It is a premium feature, though. My largest overall holding is Tencent Holdings Ltd. at 0.68% of my portfolio. Tencent is currently 4% of VEMAX/VWO which is 20% of equities, which is 85.39% of our portfolio. That works out to 0.68%. My next 3 largest holdings are at 0.44%, 0.36%, and 0.33%. Everything else is 0.25% or lower. This is the kind of info I want Vanguard to give me for free! It's only actionable, if at all, at for the most concentrated positions in your portfolio (assuming that your goal is to make sure you are not overly concentrated in individual stocks). So just take the top 10 or 25 holdings from each fund and do the ma...
- Tue Jun 20, 2017 5:01 am
- Forum: Investing - Theory, News & General
- Topic: is offering this [Vanguard] website feature feasible?
- Replies: 29
- Views: 4084
Re: is offering this [Vanguard] website feature feasible?
Apparently you find it trivial. I don't use excel spreadsheets, so for me it isn't trivial. I wasn't trying to be dismissive, rather helpful in providing the source information to download so that you could do this yourself. Sorry if my post came across as being dismissive. In the long run, I do think it is far superior to just bite the bullet and do basic programming oneself instead of looking at Brokerages to provide all sorts of custom data. You may have funds in many brokerages..so Vanguard would need to be up to date on all of them and figure out how to aggregate them. Some may be active funds so how would it know the latest holdings? It would need to know how to parse duplicates, ADR issues and many others. There are subscriptions se...
- Mon Jun 19, 2017 9:17 pm
- Forum: Investing - Theory, News & General
- Topic: is offering this [Vanguard] website feature feasible?
- Replies: 29
- Views: 4084
Re: is offering this [Vanguard] website feature feasible?
This is the kind of info I want Vanguard to give me for free!jhfenton wrote:The Portfolio X-Ray Stock Intersection tool. It is a premium feature, though.Eric76 wrote:How?livesoft wrote:Don't folks just use morningstar.com to do exactly this?
My largest overall holding is Tencent Holdings Ltd. at 0.68% of my portfolio. Tencent is currently 4% of VEMAX/VWO which is 20% of equities, which is 85.39% of our portfolio. That works out to 0.68%.
My next 3 largest holdings are at 0.44%, 0.36%, and 0.33%. Everything else is 0.25% or lower.
- Mon Jun 19, 2017 5:46 pm
- Forum: Investing - Theory, News & General
- Topic: is offering this [Vanguard] website feature feasible?
- Replies: 29
- Views: 4084
Re: is offering this [Vanguard] website feature feasible?
I'd love if Vanguard offered a feature through the website where you could enter a ticker symbol and be provided with a dollar value of your personal holding in that stock This is fairly trivial to create. A long time back I created a simple excel based spreadsheet (took maybe 10-15 minutes) and now I update it every year (takes maybe 2-5 minutes). Because I invest in world stocks, philosophically I don't want to think in terms of countries but companies. As such, instead of thinking how much I own in countryA or countryB in fund X or Y or Z, I wanted one place with all the companies I own and how many dollars in each. I don't do anything with this sheet, just look at it once in a while when there is some news: when BP oil spill happened i...
- Mon Jun 19, 2017 5:43 pm
- Forum: Investing - Theory, News & General
- Topic: is offering this [Vanguard] website feature feasible?
- Replies: 29
- Views: 4084
Re: is offering this [Vanguard] website feature feasible?
How?livesoft wrote:Don't folks just use morningstar.com to do exactly this?
- Mon Jun 19, 2017 1:54 pm
- Forum: Investing - Theory, News & General
- Topic: is offering this [Vanguard] website feature feasible?
- Replies: 29
- Views: 4084
Re: is offering this [Vanguard] website feature feasible?
I don't see how offering such a feature would detract from the Vanguard ethos. I do see how it would detract from my free time as I'd be popping in ticker symbols constantly!
- Mon Jun 19, 2017 12:52 pm
- Forum: Investing - Theory, News & General
- Topic: is offering this [Vanguard] website feature feasible?
- Replies: 29
- Views: 4084
is offering this [Vanguard] website feature feasible?
I'd love if Vanguard offered a feature through the website where you could enter a ticker symbol and be provided with a dollar value of your personal holding in that stock for every fund you own (at least as of the end of the prior quarter when the fund holdings are published). It seems to me that the data is there to provide that functionality.
- Fri Jun 16, 2017 6:18 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
- Replies: 242
- Views: 56227
Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
I would need a whole lot of cash for it to make sense chasing 10 or 20 bp. And if I did accumulate that much cash, I probably wouldn't be keeping it in cash!
- Mon Jun 12, 2017 1:11 pm
- Forum: Personal Finance (Not Investing)
- Topic: Best credit card for cash back
- Replies: 104
- Views: 45307
Re: Best credit card for cash back
Good point.triceratop wrote:Then it's not the best for you. However it is probably the highest % general spending return for a card. That's why it's considered the best.Eric76 wrote:I don't travel much. Would rather get the cash back.triceratop wrote:You are limited to "travel", which is Uber/Lyft, Taxis, some (all?) Hotels, airfare, train, etc.Eric76 wrote:Aren't you limited on what you can redeem the rewards for?SVT wrote:The best is most likely BofA's Travel Rewards card at 2.625% back on everything with no limits, no Foreign Transaction Fees, and no Annual Fee.
Of course, you can also save up these rewards for years and then redeem them when you go on a family vacation.
- Mon Jun 12, 2017 11:26 am
- Forum: Investing - Theory, News & General
- Topic: TREA/TIAA Real Estate - is investing without planning to "market time" ok?
- Replies: 79
- Views: 11757
Re: TREA/TIAA Real Estate - is investing without planning to "market time" ok?
Perhaps the biggest appeal of TREA over other real estate investments is the ability to market time it. The quarterly appraisals necessarily lag the CRE market, so market timing to avoid the big drops is not rocket science. .20 of the .85 expense ratio of TREA is the liquidity guarantee from TIAA, which ensures that you can get out of TREA on demand. If you choose not to market time it, you are essentially subsidizing people like me who will take advantage of the liquidity guarantee to market time it.
- Wed Jun 07, 2017 5:31 am
- Forum: Personal Consumer Issues
- Topic: My Wife is having our 5th child. What is an appropriately extravagant push gift?
- Replies: 90
- Views: 13636
Re: My Wife is having our 5th child. What is an appropriately extravagant push gift?
A present you give your wife after your baby is delivered. I learned from my wife that a push gift is expected even if she has a c section and there is technically no "pushing" involved!kramer wrote:What is a "push gift"? I have never heard that term.
- Mon Jun 05, 2017 10:34 pm
- Forum: Personal Finance (Not Investing)
- Topic: Best credit card for cash back
- Replies: 104
- Views: 45307
Re: Best credit card for cash back
I don't travel much. Would rather get the cash back.triceratop wrote:You are limited to "travel", which is Uber/Lyft, Taxis, some (all?) Hotels, airfare, train, etc.Eric76 wrote:Aren't you limited on what you can redeem the rewards for?SVT wrote:The best is most likely BofA's Travel Rewards card at 2.625% back on everything with no limits, no Foreign Transaction Fees, and no Annual Fee.
- Mon Jun 05, 2017 9:16 pm
- Forum: Personal Finance (Not Investing)
- Topic: Best credit card for cash back
- Replies: 104
- Views: 45307
Re: Best credit card for cash back
Aren't you limited on what you can redeem the rewards for?SVT wrote:The best is most likely BofA's Travel Rewards card at 2.625% back on everything with no limits, no Foreign Transaction Fees, and no Annual Fee.