Search found 7942 matches

by tadamsmar
Sat Dec 22, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: "Stay the course" is rational -- but is it reasonable?
Replies: 43
Views: 5430

Re: "Stay the course" is rational -- but is it reasonable?

Maybe it's OK for some to stray from the faith. We just won't talk about it here. Kahneman’s best work was documenting loss aversion—the idea that people hate losing more than they enjoy winning. I asked him: Is it rational? “Well, that’s a complicated issue,” he said. “If it’s rational to live wit...
by tadamsmar
Sat Dec 22, 2018 6:24 am
Forum: Personal Finance (Not Investing)
Topic: How market timing will go wrong?
Replies: 62
Views: 3893

Re: How market timing will go wrong?

The “market” typically just means the stock price. You can successfully time the market and still lose money because you’re foregoing dividends and profits from reinvestment of dividends.

Determining whether a timing move worked is much more complex than just eyeballing stock prices.
by tadamsmar
Fri Dec 21, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: Irrational Regret
Replies: 3
Views: 536

Irrational Regret

I notice that some seem to have irrational regret. This thread may be a case for that: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=266460&p=4271876#p4271876 Irrational regret is when you regret staying the course during a bear market even though your plan is sound and your plan is not inval...
by tadamsmar
Fri Dec 21, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: "Stay the course" is rational -- but is it reasonable?
Replies: 43
Views: 5430

Re: "Stay the course" is rational -- but is it reasonable?

My view is that if you start veering the flagship around then you will end up with even more regret and anxiety. The behavioral economists tell us the pleasure that comes from a lucky veer is not as great as the regret from veer that loses money. It's not just "stay the course", you have to be savin...
by tadamsmar
Fri Dec 21, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: what to do with cash if very risk averse?
Replies: 59
Views: 5542

Re: what to do with cash if very risk averse?

Hi everyone, So I recalculated my AA including everything to clarify, my exact AA is like this: VTSAX 20% VBLTX 5% VTIAX 1.5% CD's 18.75% Savings 39.85% (I know this is crazy, thats why Im here) 8.25 % in my own company 5% in Crypto (dont bash me) 2.25% in handpicked stocks From all of your replies...
by tadamsmar
Fri Dec 21, 2018 8:47 am
Forum: Investing - Theory, News & General
Topic: Worst investing year ever....
Replies: 102
Views: 16957

Re: Worst investing year ever....

... Ah, the underappreciated T-bill. I'm really surprised that it's so rarely discussed on this forum. It seems like stocks, Treasuries, TIPS, and CDs get all the attention, even though T-bills have historically tracked short-term inflation more closely than just about anything else out there. A mo...
by tadamsmar
Thu Dec 20, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Stoic philisopher of Rome: Epictetus
Replies: 39
Views: 2785

Re: Stoic philisopher of Rome: Epictetus

One can read the discourses here: http://classics.mit.edu/Epictetus/discourses.html The Enchiridion (or Handbook) a condensed version of his teachings: http://classics.mit.edu/Epictetus/epicench.html There are other translations online. This is my favorite translation of the Handbook: https://www.am...
by tadamsmar
Wed Dec 19, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: what to do with cash if very risk averse?
Replies: 59
Views: 5542

Re: what to do with cash if very risk averse?

How much of your cash and mutual funds combined is in cash? Is it 50% or 33% or 66%? You said "I have just about half as much as in my portfolio as I do sitting in cash" and it is hard to parse that pharse. Snailerby's general idea is good, if you put the cash in Vanguard Short-Term Treasury Fund Ad...
by tadamsmar
Tue Dec 18, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: what to do with cash if very risk averse?
Replies: 59
Views: 5542

Re: what to do with cash if very risk averse?

Current AA is something like this: VTSAX - 76% VBTLX - 18% VTIAX - 5% 30 yr old. I have just about half as much as in my portfolio as I do sitting in cash, but I am very reluctant to invest anymore in anything else risky. I also don't need any of this cash for a while. What should I do? I already o...
by tadamsmar
Tue Dec 18, 2018 4:20 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 190
Views: 14488

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

The Texas judge has been asked to clarify his ruling on the ACA by December 21st because the federal government is assuming the ACA is still in effect, but many consumers are confused:

https://www.google.com/amp/s/amp.cnn.co ... index.html
by tadamsmar
Tue Dec 18, 2018 3:52 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 190
Views: 14488

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

Why are we dealing with hypotheticals??? I thought that it is not allowed on this board. [OT comment removed by admin LadyGeek] The law still stands so there is no change. I am not sure why we are even discussing what ifs. We don't do this for pending tax legislation. Only if the law is struck down...
by tadamsmar
Sun Dec 16, 2018 3:47 am
Forum: Investing - Theory, News & General
Topic: High Load and ERs
Replies: 7
Views: 693

Re: High Load and ERs

This Is an IRA.

Not sure why she had so little paperwork. She had normal recent statements on money with other fiduciaries. Could be she just did not locate it.
by tadamsmar
Sat Dec 15, 2018 9:23 pm
Forum: Personal Consumer Issues
Topic: Adult Games / Board Games - Recommendations
Replies: 55
Views: 3562

Re: Adult Games / Board Games - Recommendations

Secret Hitler is a good game. It somewhat recreates the struggle between Hitler and the opposition during his rise to power.
by tadamsmar
Sat Dec 15, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: Adult Games / Board Games - Recommendations
Replies: 55
Views: 3562

Re: Adult Games / Board Games - Recommendations

I just bought a new game called Borel. It’s tests your intuitions about probability experiments.
by tadamsmar
Sat Dec 15, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 190
Views: 14488

Re: ACA Struck down...yikes [by federal judge in Texas]

"a U.S. government official said the decision by a Texas judge would have no immediate impact on health coverage." https://www.nbcnews.com/news/us-news/trump-hails-ruling-against-obamacare-no-immediate-impact-expected-coverage-n948401 If this is true, then one should proceed in the short run as if t...
by tadamsmar
Sat Dec 15, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 153
Views: 19412

Re: I made a mistake by not selling when the market was high this year

I made another big mistake. I should have taken some gains earlier this year when I had the chance. It seems to me that 10 months of great growth for 2018 has been wiped out in the past few weeks. I don’t have a good question. Just wondering if anyone else is in the same boat. Is this the beginning...
by tadamsmar
Sat Dec 15, 2018 8:41 am
Forum: Investing - Theory, News & General
Topic: High Load and ERs
Replies: 7
Views: 693

Re: High Load and ERs

Thanks, BL I have been encouraging her to use a Vanguard Target Date fund. She may do it. One interesting thing is that she had very little information on her account with the advisor. She did not have her account number on any of the paperwork she sent me. It was not obvious how to transfer out of ...
by tadamsmar
Fri Dec 14, 2018 8:41 am
Forum: Investing - Theory, News & General
Topic: High Load and ERs
Replies: 7
Views: 693

High Load and ERs

My step-daughter has about 80K invested with an advisor. I'd not thought about advisors for a while. She was wary of investing more, she intuitively knew he had to be living off the investments of others. But I was able to point out the 5% sales load and the 1% ER. It seemed like you can't rebalance...
by tadamsmar
Fri Dec 14, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: CD options for my step-daughter
Replies: 2
Views: 296

CD options for my step-daughter

My step-daughter is asking for help with her finances. (She is 36 and I am retired, so the questions are about situations and a phase of life that I have not thought about in a long time if ever.) She has a 50K inheritance at a SECU in a savings account and she wants a better rate for what is, in ef...
by tadamsmar
Thu Dec 13, 2018 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Spousal Roth
Replies: 2
Views: 218

Question about Spousal Roth

My step-daughter ask me to help her with her investments. She has a 50K inheritance that is just setting in a savings account now. It occurred to me that she might want to fund a Roth before the end of the year. She is about 36. She is currently unemployed but she may have earned money earlier in th...
by tadamsmar
Wed Dec 12, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone been able to execute a Power of Attorney with Vanguard?
Replies: 28
Views: 1772

Re: Has anyone been able to execute a Power of Attorney with Vanguard?

Forgive the 'dumb' question, but suppose a child has been designated as POA via an estate planning package with a local attorney for their parent. That parent has assets with Vanguard but now no longer has the mental capacity to understand or manage their own financial affairs (hence the POA). If V...
by tadamsmar
Tue Dec 11, 2018 9:50 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 20294

Re: What Happened to you during the Financial crisis of 2007–2008

I followed my plan and rebalance around my birthday (November) which was close to the bottom. It worked out well.
by tadamsmar
Tue Dec 11, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: Receiving 2FA codes from Vanguard while overseas
Replies: 25
Views: 3282

Re: Receiving 2FA codes from Vanguard while overseas

Having the same situation as the OP, I got a thing called "Security Key by Yubico" (two of them, one that I use, plus a backup in case I lose it). I use it with the Chrome browser on a Windows 7 notebook PC and it works for me. You can register up to 4 keys with Vanguard.com. You might want to do t...
by tadamsmar
Tue Dec 11, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Receiving 2FA codes from Vanguard while overseas
Replies: 25
Views: 3282

Re: Receiving 2FA codes from Vanguard while overseas

Having the same situation as the OP, I got a thing called "Security Key by Yubico" (two of them, one that I use, plus a backup in case I lose it). I use it with the Chrome browser on a Windows 7 notebook PC and it works for me. You can register up to 4 keys with Vanguard.com. You might want to do t...
by tadamsmar
Mon Dec 10, 2018 7:38 pm
Forum: Investing - Theory, News & General
Topic: Receiving 2FA codes from Vanguard while overseas
Replies: 25
Views: 3282

Re: Receiving 2FA codes from Vanguard while overseas

My overall point is that banks don't have 2FA and in the case of those accounts it is certainly possible to transfer funds to a third party. Why would Vanguard bother if it is virtually impossible to subtract funds by gaining unauthorized access? First, it's possible to subtract funds and it happen...
by tadamsmar
Mon Dec 10, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: Receiving 2FA codes from Vanguard while overseas
Replies: 25
Views: 3282

Re: Receiving 2FA codes from Vanguard while overseas

Having the same situation as the OP, I got a thing called "Security Key by Yubico" (two of them, one that I use, plus a backup in case I lose it). I use it with the Chrome browser on a Windows 7 notebook PC and it works for me. You can register up to 4 keys with Vanguard.com. You might want to do t...
by tadamsmar
Mon Dec 10, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: Receiving 2FA codes from Vanguard while overseas
Replies: 25
Views: 3282

Re: Receiving 2FA codes from Vanguard while overseas

So, hackers log on my Vanguard account. And then ? Then, for instance, hack, pump, and dump: https://i1.wp.com/www.marketcalls.in/wp-content/uploads/2014/01/pump-and-dump.png?w=612&ssl=1 A more modern spin on this attack is known as hack, pump, and dump.[5] In this form, a person purchases penny st...
by tadamsmar
Sat Dec 08, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: Worst investing year ever....
Replies: 102
Views: 16957

Re: Worst investing year ever....

Bloomberg indicates that T-bills have been a good asset this year: https://www.bloomberg.com/news/articles/2018-11-23/hunger-games-market-has-just-one-champion-as-2018-limps-to-end Also the US dollar was good. They show the sp500 in positive territory YTD on 11/22. Maybe with dividends added? Note t...
by tadamsmar
Sat Dec 08, 2018 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Marijuana [Stock]
Replies: 50
Views: 4649

Re: Marijuana [Stock]

Bogleheads are in. Altria just made a big investment and it's a top 50 by cap weight in the SP500. OK to try marijuana investing, just don't inhale too much.
by tadamsmar
Thu Dec 06, 2018 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should we sell farmland to coal company?
Replies: 33
Views: 2043

Re: Should we sell farmland to coal company?

You will have to pay capital gains and state income taxes. One reason to keep it would be to avoid those via inheritance. But you could also consider a 1031 exchange. It seems that they are making a good offer, but you might want to make sure. You could see if other coal companies are interested, or...
by tadamsmar
Thu Dec 06, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781835

Re: U.S. stocks in freefall

Diversification benefits cannot be calculated based on mere returns. Diversification is for those who will have to sell. It's all about the Benjamins. With the freefall it is better not to touch each Benjamin as it falls. Earlier you said: "Based on 10 years of total annual return VTI 14.57%, VXUS ...
by tadamsmar
Thu Dec 06, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781835

Re: U.S. stocks in freefall

Diversification benefits cannot be calculated based on mere returns. Diversification is for those who will have to sell. It's all about the Benjamins. With the freefall it is better not to touch each Benjamin as it falls. Earlier you said: "Based on 10 years of total annual return VTI 14.57%, VXUS ...
by tadamsmar
Thu Dec 06, 2018 7:46 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781835

Re: U.S. stocks in freefall

What diversification benefit is there in ex-US equities again? The risks all seem to show up around the same time. Based on one day's data. Based on 10 years of total annual return VTI 14.57%, VXUS 2.96%. I'm sticking with 10% VXUS and 90% VTI. Diversification benefits cannot be calculated based on...
by tadamsmar
Thu Dec 06, 2018 5:56 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781835

Re: U.S. stocks in freefall

motorcyclesarecool wrote:
Thu Dec 06, 2018 5:45 am
What diversification benefit is there in ex-US equities again? The risks all seem to show up around the same time.
Based on one day's data.
by tadamsmar
Tue Dec 04, 2018 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Reuqesting Help With Managing of Winnings
Replies: 37
Views: 3751

Re: Reuqesting Help With Managing of Winnings

My current account balance stands at 125K and I plan on playing more. If my account balance dips to say 117K at the end of the year (Dec. 31). My taxable net winnings would be 117K final balance minus 17K that I put in; 100K is the amount I would pay taxes on? NOOOOO! Your account balance is for yo...
by tadamsmar
Tue Dec 04, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Please Recommend a New Car for Me
Replies: 53
Views: 4461

Re: Please Recommend a New Car for Me

Limoncello402 wrote:
Sun Dec 02, 2018 5:14 am
The Golf doesn't come with AWD--or that would be my first choice.
The Golf does come with AWD

The Golf Alltrack has AWD.

Some other less expensive Golf trims have 4Motion AWD as a standard or optional feature
by tadamsmar
Mon Dec 03, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

If you won't owe any taxes anyway, why file? Failure to file a form 709 can result in a fine of up to $25,000 and a year in jail, even if the filing wouldn't result in taxes being owed, according to Cramer Law Center. Also, the IRS is cracking down: It has begun checking real estate transfer transa...
by tadamsmar
Mon Dec 03, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

If you won't owe any taxes anyway, why file? Failure to file a form 709 can result in a fine of up to $25,000 and a year in jail, even if the filing wouldn't result in taxes being owed, according to Cramer Law Center. Also, the IRS is cracking down: It has begun checking real estate transfer transa...
by tadamsmar
Mon Dec 03, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

I’m a Cpa. And if you were my client, we would still do a gift tax return. Even though you’re not using any lifetime exclusion, any gift between $15k and $30k must still be reported on a 709. (Just one 709 is fine, since you’re splitting gifts.) Before you disagree with me, read the 709 instruction...
by tadamsmar
Mon Dec 03, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

I’d presume the main reason for OP not to file the form is that he is the WRONG PERSON to do so! It’s for the gift giver to file since it is related to the gift giver’s future estate. You guys are clueless. The OP has posted about trying to structure the gifts so his parents don't have any obligati...
by tadamsmar
Sun Dec 02, 2018 7:20 pm
Forum: Personal Consumer Issues
Topic: Please Recommend a New Car for Me
Replies: 53
Views: 4461

Re: Please Recommend a New Car for Me

Since you have been getting along with a 13-year-old Golf, I don't think you need AWD All cars sold since 2012 have stability control. You have probably never heard of it, but it helps a lot on snow/ice. It's an amazing safety feature. Get a car with traction control if you have to climb hills in sn...
by tadamsmar
Sat Dec 01, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

The only way that I would allow my clients to NOT file a 709 (in this circumstance) is if they wrote four separate $15k checks: 1. From Dad's solo account to Husband's solo account 2. From Dad's solo account to Wife's solo account 3. From Mom's solo account to Husband's solo account 4. From Mom's s...
by tadamsmar
Fri Nov 30, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

I feel like the people responding in such detail and overcomplicating this are the same types who report the items they purchased without sales tax on their tax return. What's non-complicated non-detailed correct answer? Here's the answer that the OP got from the loan officer: https://www.boglehead...
by tadamsmar
Fri Nov 30, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

I feel like the people responding in such detail and overcomplicating this are the same types who report the items they purchased without sales tax on their tax return. I am trying to determine if this is true in my case. But I am not sure what you mean, I need to hear the details and understand ho...
by tadamsmar
Fri Nov 30, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

delete
by tadamsmar
Thu Nov 29, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

Here is a question (unrelated to the gift vs loan). We have $150k in Roth IRAs. Do you think those could be considered liquid accounts since principal is withdrawable? Not sure if anybody answered this. I tried to make this argument to my lender when I was closing on a mortgage and they refused to ...
by tadamsmar
Thu Nov 29, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

The point is, they are not giving you the money. They are lending it with at least an implied understanding it will be repaid. Gill Last hypothetical - who's to say when I sell my current property and make $200k in equity, I don't 'feel bad' for the gift my parents gave me and I end up gifting $60k...
by tadamsmar
Thu Nov 29, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

This kind of brings up a related matter: Just how hard is it to complete a Form 709? I seem to recall hearing that it's actually not easy, hence the lengths that people go to, often posted here, from having to do one, and remain in compliance with tax law. I understand that mentioning here accompli...
by tadamsmar
Thu Nov 29, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

Sorry but no, the IRS is not concerned about you. IRS does not exclude me in the regulations. The size of our estate will not be determined until we are both dead. The IRS set the limit at $15,000 per year. The limit is just the amount not requiring one to submit a form. That’s all. True. You said ...
by tadamsmar
Thu Nov 29, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 175
Views: 6912

Re: Gift tax question

There is something called the Step Transaction Doctrine the could perhaps turn a regifted gift into a loan:

https://www.irs.gov/pub/irs-wd/0826004.pdf