Search found 506 matches

by lgs88
Tue Apr 13, 2021 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Any happy lawyers out there?
Replies: 138
Views: 12760

Re: Any happy lawyers out there?

All, This thread has been fascinating thus far, and I am grateful to all of you for volunteering your knowledge. One thing that jumped out at me was the remarks upthread from ipdiddly and stoptothink about how terrible the teaching profession can be. That has not been my experience; I must have that...
by lgs88
Mon Apr 12, 2021 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Any happy lawyers out there?
Replies: 138
Views: 12760

Any happy lawyers out there?

Hello, all. I have a first-world problem to share with the Bogleheads. I'm in my mid-late 20s with a couple years of high school teaching under my belt. I do not lack for money and (with any luck) likely never will. I live below my means, and I want for nothing material. I do not have a family of my...
by lgs88
Thu Apr 08, 2021 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card
Replies: 62
Views: 5353

Re: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card

It's fine. The customer service is not nearly as good as American Express. In the rare instance that I have a problem, I can expect to wait for at least 20 minutes on the phone before talking to somebody. Additionally, their website is clunky. However, I like the convenience of the cash rewards depo...
by lgs88
Mon Apr 05, 2021 6:02 pm
Forum: Personal Investments
Topic: Fossil Free Fund Comparable to an Index Fund?
Replies: 25
Views: 1735

Re: Fossil Free Fund Comparable to an Index Fund?

I am starting a Roth IRA. I am a relatively risk-averse parent of young kids. I am not looking to get rich, just have a secure financial picture when I'm older. (I have a public employee pension and want to supplement it with this.) I would normally just do a Vanguard Index Fund but I would like to...
by lgs88
Fri Apr 02, 2021 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity FFNOX fund holds REITS? Why do I have Sec.199A dividends?
Replies: 4
Views: 425

Re: Fidelity FFNOX fund holds REITS? Why do I have Sec.199A dividends?

The S&P500 contains a bunch of REITs. An example is American Tower Corporation.

Unsure about the exact number, but they're in there.
by lgs88
Tue Mar 23, 2021 9:03 pm
Forum: Personal Investments
Topic: Magic Mushroom Stocks
Replies: 16
Views: 1842

Re: Magic Mushroom Stocks

Wouldn't psilocybin be impossible to patent since it's a natural substance thus making it not so profitable to go thru trials, marketing, etc? You could say the same for marijuana, but fortunes have been made (and lost!) in that segment of the market these past few years. Same for tobacco, of cours...
by lgs88
Sat Mar 20, 2021 7:41 pm
Forum: Investing - Theory, News & General
Topic: Long-term risks for VT? [Vanguard Total World Stock]
Replies: 24
Views: 2475

Re: Long-term risks for VT? [Vanguard Total World Stock]

... Let's look at the fund's actual holdings: https://investor.vanguard.com/etf/profile/overview/VT/portfolio-holdings ... Try sorting that list by market cap, from lowest to highest. I was interested to see several dozen companies that have gone to zero (or fractions of a penny) remaining in the f...
by lgs88
Sat Mar 20, 2021 11:18 am
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12364

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

... 4 years is a long time and I want my kid to enjoy those years. ... This is a fine goal, but make sure you're managing the kid's expectations. College is marketed as the best four years of your life. He will be happier if he knows going in that it might be a rocky ride at times. I wish somebody ...
by lgs88
Fri Feb 26, 2021 11:27 pm
Forum: Personal Investments
Topic: Negative yield from SHV?
Replies: 3
Views: 440

Re: Negative yield from SHV?

Caduceus, The average duration of SHV is 0.42 years. A 6-month Treasury bill yields 5 basis points. The expense ratio of SHV is 15 basis points. It would appear that the price iShares charges you to run the fund has exceeded the income that the fund generates. Buried in a different iShares prospectu...
by lgs88
Thu Feb 25, 2021 10:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22960
Views: 3012094

Re: U.S. stocks in free fall

lostdog wrote: Thu Feb 25, 2021 8:24 am We might have a free fall day for US stocks and a soaring day for ex-US?
There's a first time for everything!
by lgs88
Tue Feb 23, 2021 8:24 pm
Forum: Investing - Theory, News & General
Topic: Nate Silver sums up trying to beat the market very well
Replies: 105
Views: 14320

Re: Nate Silver sums up trying to beat the market very well

My "strategy" is to buy the stocks of companies whose products I enjoy using. Then, never sell. Had I bought AAPL when I bought my first Mac, I'd be on Easy Street today. However, it also would have tested my patience by significantly underperforming the market for a few periods in time. ...
by lgs88
Mon Feb 22, 2021 7:35 pm
Forum: Personal Investments
Topic: Ford Stock?
Replies: 40
Views: 2860

Re: Ford Stock?

Should a person be buying ford stock at its current price for a long term hold? I bought about 500 shares at $8.47 a while back. Thanks for the opinions and insights I started bringing my lunch to work rather than eating out. I take the money I save ($40/week) and invest it in individual stocks. It...
by lgs88
Mon Feb 22, 2021 4:18 pm
Forum: Investing - Theory, News & General
Topic: Nate Silver sums up trying to beat the market very well
Replies: 105
Views: 14320

Re: Nate Silver sums up trying to beat the market very well

My "strategy" is to buy the stocks of companies whose products I enjoy using. Then, never sell. Had I bought AAPL when I bought my first Mac, I'd be on Easy Street today. However, it also would have tested my patience by significantly underperforming the market for a few periods in time. ...
by lgs88
Mon Feb 22, 2021 3:01 pm
Forum: Investing - Theory, News & General
Topic: Nate Silver sums up trying to beat the market very well
Replies: 105
Views: 14320

Re: Nate Silver sums up trying to beat the market very well

My "strategy" is to buy the stocks of companies whose products I enjoy using. Then, never sell. Had I bought AAPL when I bought my first Mac, I'd be on Easy Street today. However, it also would have tested my patience by significantly underperforming the market for a few periods in time. H...
by lgs88
Sun Feb 21, 2021 4:34 pm
Forum: Personal Consumer Issues
Topic: Global Entry Interview conditional approval (365 day clock)...
Replies: 42
Views: 3957

Re: Global Entry Interview conditional approval (365 day clock)...

Thanks, Bogleheads -- seeing this thread on the forum reminded me to renew my Global Entry/PreCheck. It was expiring soon. I filled out the form online; let's see how long it takes to complete the process.
by lgs88
Tue Feb 16, 2021 1:10 pm
Forum: Personal Investments
Topic: 2 to 3 Million Dollar Windfall - How to enter market
Replies: 61
Views: 6493

Re: 2 to 3 Million Dollar Windfall - How to enter market

Rather, one should keep one's emotions in the forefront of one's consciousness as one decides whether to lump sum or DCA, and once one does this, one will see that the rational thing to do is to DCA -- or, at any rate, this will be so for the people for whom, all else equal, losses hurt much more t...
by lgs88
Mon Feb 15, 2021 9:35 pm
Forum: Personal Investments
Topic: 2 to 3 Million Dollar Windfall - How to enter market
Replies: 61
Views: 6493

Re: 2 to 3 Million Dollar Windfall - How to enter market

The odds favor lump sum yet I think you would be foolish to do anything other than DCA over several months with that sum of money. I agree. No one likes to see markets drop right after they make a large investment. The research says to invest it all at once but human emotion is powerful, I would do...
by lgs88
Sat Feb 06, 2021 10:05 pm
Forum: Personal Consumer Issues
Topic: Can you get a job from taking a "Coding Bootcamp"?
Replies: 63
Views: 5187

Re: Can you get a job from taking a "Coding Bootcamp"?

I'm the non-technical co-founder of a tech startup. Our entire dev team -- front end, back end, full stack, AWS gurus -- have all been hired out of one specific 6-month coding boot camp. We're a small company, and we've only made a dozen hires total since starting up, but the coding boot camp gradu...
by lgs88
Sat Feb 06, 2021 8:34 pm
Forum: Personal Consumer Issues
Topic: F150 - Flood Ford Extended Warranty
Replies: 10
Views: 793

Re: F150 - Flood Ford Extended Warranty

Bob, what does the extended warranty cover? I can't imagine it'd cover typical wear items (brakes, windshields, et al.). What is your concern? A piston through the block at 95,000 miles? I find that unlikely; I've never heard of an F150 that did that. Edit: At least not in the past couple of decades...
by lgs88
Wed Feb 03, 2021 9:52 pm
Forum: Personal Investments
Topic: Need to sell some individual stocks -- how to strategize
Replies: 24
Views: 1534

Re: Need to sell some individual stocks -- how to strategize

I think you need to pick a priority. If the goal is to get back to an AA, with the least amount of tax impact - you'd sell losers and those with the least gains. (Assuming what's left doesn't create a high risk scenario of concentrated sector bets and/or over inflated/hyped stocks.) If your goal is...
by lgs88
Tue Feb 02, 2021 7:58 pm
Forum: Personal Consumer Issues
Topic: Backpacking gear recommendations - backpack, shoes, sleeping bag
Replies: 100
Views: 5438

Re: Backpacking gear recommendations - backpack, shoes, sleeping bag

Good shoes are essential. Economize elsewhere. I love my Danner hiking shoes. They hold up great on rough trails in the mountain West, but they're also great for walking the dog on a gravel path. They've already outlasted several cheaper pairs of boots. https://www.danner.com/men/hike/mountain-600-4...
by lgs88
Tue Feb 02, 2021 9:13 am
Forum: Personal Investments
Topic: Need to sell some individual stocks -- how to strategize
Replies: 24
Views: 1534

Re: Need to sell some individual stocks -- how to strategize

... The OP doesn’t say what the individual stocks are so I’m just guessing. But let’s speculate that after eliminating the losers, among the winners there are some really big winners like MSFT and AAPL, some big winners like CRM, and some so-so winners like JNJ, MRK, etc. So if the goal is deriskin...
by lgs88
Mon Feb 01, 2021 11:18 pm
Forum: Personal Investments
Topic: Need to sell some individual stocks -- how to strategize
Replies: 24
Views: 1534

Re: Need to sell some individual stocks -- how to strategize

I had to do this with an inherited portfolio that didn’t get a step up in basis. But they were all long-term gains because they were inherited. I got rid of small positions first, regardless of the gain or loss, just to simplify. Then I trimmed down the large positions by matching up gains and loss...
by lgs88
Mon Feb 01, 2021 10:59 pm
Forum: Personal Investments
Topic: Need to sell some individual stocks -- how to strategize
Replies: 24
Views: 1534

Re: Need to sell some individual stocks -- how to strategize

I would suggest selling all the losers, but keeping winners as long as there isn't too much in any one stock (no more than 5% of the total portfolio) or any one sector (if half the portfolio is in tech stocks with large gains). A diversified portfolio of individual stocks will behave similarly to a...
by lgs88
Mon Feb 01, 2021 10:51 pm
Forum: Personal Investments
Topic: Need to sell some individual stocks -- how to strategize
Replies: 24
Views: 1534

Re: Need to sell some individual stocks -- how to strategize

Since they are not currently subject to the 3.8% NII tax on investment income (https://www.bogleheads.org/wiki/ACA_net_investment_income_tax); make sure any sales do not push them into that. Anon, am I correct in assuming that NIIT would only be triggered by short-term capital gains, which are cate...
by lgs88
Mon Feb 01, 2021 9:52 pm
Forum: Personal Investments
Topic: Need to sell some individual stocks -- how to strategize
Replies: 24
Views: 1534

Re: Need to sell some individual stocks -- how to strategize

... 1. What do they have for each asset that is short-term and long-term capital gains? 2. Capital gain and capital losses off-set each other. You can sell whole shares only, so if you sell all shares that yield a capital loss, you can then calculate the capital gain by the number of shares of othe...
by lgs88
Mon Feb 01, 2021 9:40 pm
Forum: Personal Investments
Topic: Need to sell some individual stocks -- how to strategize
Replies: 24
Views: 1534

Re: Need to sell some individual stocks -- how to strategize

sailaway wrote: Mon Feb 01, 2021 9:38 pm Do they have any tax sheltered funds that they could use to rebalance?

Do you know their overall tax situation?
Yes. 24% federal tax bracket and very little tax-advantaged space; 95%+ of portfolio is in taxable.
by lgs88
Mon Feb 01, 2021 9:29 pm
Forum: Personal Investments
Topic: Need to sell some individual stocks -- how to strategize
Replies: 24
Views: 1534

Need to sell some individual stocks -- how to strategize

Hello, all -- I'm helping a family member rebalance. They've got a partially indexed portfolio with a bunch of old single stock positions, many of which have done quite well recently -- and so their AA has gotten out of whack. There are some stocks with substantial gains and others with less substan...
by lgs88
Thu Jan 28, 2021 9:09 am
Forum: Investing - Theory, News & General
Topic: How Small Retail Traders Cause Institutions to Have to Buy Huge Amounts of Stock
Replies: 41
Views: 4058

Re: How Small Retail Traders Cause Institutions to Have to Buy Huge Amounts of Stock

... This suggests that It would be very foolish to disregard the impact these retail traders are having on the market or to argue that this isn't something different going on--along the lines of those Countrywide No Verification Mortgages that were all the rage in 2006. While it is quite possible t...
by lgs88
Wed Jan 27, 2021 3:36 pm
Forum: Investing - Theory, News & General
Topic: PSA for 3 funds folks: Did you pass the "Buy, Hold, and Rebalance" Test on March 2020?
Replies: 135
Views: 4950

Re: PSA for 3 funds folks: Did you pass the "Buy, Hold, and Rebalance" Test on March 2020?

Folks, This is a public service announcement (PSA) for the 3 funds folks. What did you do in March 2020? Did you pass the "Buy, Hold, and Rebalance" tests? ... Nope! I learned that 85/15 was a little risky for my taste, so in early March I went down to 75/25. That allowed me to weather th...
by lgs88
Wed Jan 27, 2021 1:46 pm
Forum: Investing - Theory, News & General
Topic: PSA for 3 funds folks: Did you pass the "Buy, Hold, and Rebalance" Test on March 2020?
Replies: 135
Views: 4950

Re: PSA for 3 funds folks: Did you pass the "Buy, Hold, and Rebalance" Test on March 2020?

Folks, This is a public service announcement (PSA) for the 3 funds folks. What did you do in March 2020? Did you pass the "Buy, Hold, and Rebalance" tests? ... Nope! I learned that 85/15 was a little risky for my taste, so in early March I went down to 75/25. That allowed me to weather th...
by lgs88
Mon Jan 25, 2021 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA question
Replies: 14
Views: 1454

Re: Fidelity HSA question

I have my HSA with Fidelity and I've not used it for any qualified expenses yet. All of it is invested in the Fidelity Total Stock Market fund (FSKAX). My question is this: In order to use the debit card for an expense (a doctor bill for example), will the HSA account sell the FSKAX fund or do I ne...
by lgs88
Sat Jan 16, 2021 11:09 pm
Forum: Personal Consumer Issues
Topic: Secure email provider
Replies: 23
Views: 1964

Re: Secure email provider

I pay for ProtonMail (think it's around $40/year) and I'm satisfied with the service.
by lgs88
Mon Jan 04, 2021 11:36 pm
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 223
Views: 15795

Re: 2021 Hedge Fund Contest

Fund: Dude, Where's My Margin?

Long
Redfin (RDFN)
Ormat (ORA)

Short
Oneok (OKE)
by lgs88
Mon Jan 04, 2021 9:12 am
Forum: Personal Investments
Topic: Fidelity vs Schwab trade test - first of many to come
Replies: 7
Views: 489

Re: Fidelity vs Schwab trade test - first of many to come

ochotona wrote: Mon Jan 04, 2021 9:04 am ...If you have a million dollar trade, the "Schwab tax" would be $26.

Is that important? You decide.
Let me know when you're recruiting for the class action.
by lgs88
Wed Dec 16, 2020 9:07 am
Forum: Investing - Theory, News & General
Topic: Bitcoin breaks $20,000
Replies: 231
Views: 11428

Re: Bitcoin breaks $20,000

Look out below, BTC holders.

I’ve been flirting with a BTC purchase myself.

The second that order fills, it’s headed for $7,000.
by lgs88
Wed Dec 02, 2020 10:35 pm
Forum: Personal Investments
Topic: Fidelity HSA Investment Strategy for a 23 Year Old.
Replies: 1
Views: 249

Re: Fidelity HSA Investment Strategy for a 23 Year Old.

Depends on your plan for the HSA money. Are you using it to pay ongoing medical expenses? If so, leave enough cash in there to cover those. If you're using it as a retirement savings vehicle, then either the 2060 fund or the S&P500 fund will be just fine. At your age, your #1 financial priority ...
by lgs88
Tue Dec 01, 2020 7:27 pm
Forum: Investing - Theory, News & General
Topic: VTI, SCHB, ITOT - TLH Trio?
Replies: 48
Views: 2417

Re: VTI, SCHB, ITOT - TLH Trio?

We use ITOT, IVV, and VTI as pairs. You will get opinions on both sides here. Since the IRS has never publicly clarified their definition, it is unknown. +1 One can get hints from tax court rulings on bonds, but nothing definitive on groups of stocks. The common thought is that different indexes ar...
by lgs88
Wed Nov 25, 2020 12:19 am
Forum: Personal Investments
Topic: Need advice for building a 100% fossil-fuel stock free portfolio
Replies: 95
Views: 3770

Re: Need advice for building a 100% fossil-fuel stock free portfolio

knockknock wrote: Mon Nov 23, 2020 6:00 am ... Any boglehead attempt a completely fossil fuel free portfolio or have advice on building one?
...
Lot of folks in this thread knocking this idea, but my portfolio today would be worth more had I not owned shares in Exxon Mobil for the last five years. Same with Occidental Petroleum!
by lgs88
Sat Nov 07, 2020 11:26 am
Forum: Personal Investments
Topic: Divorce + 4 yrs Financial Recovery
Replies: 29
Views: 6082

Re: Divorce + 4 yrs Financial Recovery

... 4. Fund Child's education starting in 2026. Hard to say if we are heading towards Princeton's Center for Advanced Studies or the local Cosmetology Academy but I'm happy to go all out, Semester at Sea, meal plan, the works. ... Any general advise about estate plans involving minor children or yo...
by lgs88
Mon Nov 02, 2020 11:34 pm
Forum: Personal Consumer Issues
Topic: My dog barks when I'm not home- solutions?
Replies: 79
Views: 5183

Re: My dog barks when I'm not home- solutions?

...There are also shock collars, which seem wrong, but maybe it's effective without really hurting? ... The use of a shock collar is most justifiable in the context of ensuring the dog's safety. I only use mine when I'm hiking in areas with bears -- and very occasionally in other contexts, to keep ...
by lgs88
Thu Oct 29, 2020 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Any recourse after CFPB?
Replies: 32
Views: 1942

Re: Any recourse after CFPB?

If your mortgage bank is a brick and mortar bank you should picket the branch that you got the mortgage from with a sign saying "Evil Bank lost me $15,000 on loan closing error" or something similiar. Picketing can get results fast, do it on a weekday when the regular manager is there if ...
by lgs88
Sun Oct 25, 2020 4:10 pm
Forum: Investing - Theory, News & General
Topic: If you have a sizable portfolio, you don't need an emergency fund
Replies: 260
Views: 33260

Re: If you have a sizable portfolio, you don't need an emergency fund

Reframe this: if you have a sizable portfolio, you can definitely afford the peace of mind provided by an emergency fund.
by lgs88
Sun Oct 25, 2020 11:19 am
Forum: Personal Investments
Topic: Moving to Fidelity from Vanguard and Charles Schwab
Replies: 36
Views: 3433

Re: Moving to Fidelity from Vanguard and Charles Schwab

Investors have an embarrassment of riches when it comes to brokerages nowadays. I get a ton of services — bill pay, a terrific HSA, automatic banks drafts/automatic investments — for which I pay (so far as I can tell) a piddling 5-12 basis points in the form of the expense ratio on my ETFs. I don’t ...
by lgs88
Sat Oct 03, 2020 2:09 pm
Forum: Investing - Theory, News & General
Topic: Do divestment campaigns increase returns for future investors on those assets?
Replies: 5
Views: 449

Re: Do divestment campaigns increase returns for future investors on those assets?

I hold a considerable chunk of XOM (Exxon Mobil). I regret to inform you that the divestment campaigns have not improved returns for anybody except for the people and institutions who've divested and are thus no longer exposed to XOM's steady plunge since 2014 or so. :D
by lgs88
Fri Oct 02, 2020 9:34 am
Forum: Investing - Theory, News & General
Topic: Looking at the Dodge & Cox family performance relative to its own benchmarks
Replies: 44
Views: 4667

Re: Looking at the Dodge & Cox family performance relative to its own benchmarks

Thanks for this, nisi. Glad to know that there are still decent, reasonably-priced active funds out there. In my 403(b), I've only got American Funds, but as I understand it, those have done pretty well for themselves over time too. More than one way to skin a cat, and all that...
by lgs88
Mon Sep 28, 2020 11:37 am
Forum: Personal Consumer Issues
Topic: Vacuum for mostly hardwood floors...
Replies: 48
Views: 2929

Re: Vacuum for mostly hardwood floors...

I hate vacuuming. I love my Dyson. Get the hard floor attachment.
by lgs88
Fri Sep 25, 2020 6:33 pm
Forum: Investing - Theory, News & General
Topic: NJ Municipal MM closed and will liquidate
Replies: 20
Views: 1914

Re: NJ Municipal MM closed and will liquidate

Here is their explanation from the Philadelphia Inquirer newspaper: https://www.inquirer.com/news/vanguard-pennsylvania-new-jersey-municipa-money-market-funds-20200925.html Article suggests that municipalities just aren't issuing short-term paper anymore, since they can borrow for longer periods at...
by lgs88
Fri Sep 25, 2020 9:53 am
Forum: Personal Consumer Issues
Topic: Used Pickup Truck with front bench seating
Replies: 5
Views: 512

Re: Used Pickup Truck with front bench seating

Thanks. I guess I could just buy most any pick up truck. And then outfit it with bench seating? Depends on the vehicle. Older pickups? Sure. I think you'll find modern pickups are so full of wires and safety systems etc. etc. that a seat swap would be a tremendous undertaking. You definitely don't ...
by lgs88
Fri Sep 25, 2020 9:22 am
Forum: Personal Consumer Issues
Topic: Used Pickup Truck with front bench seating
Replies: 5
Views: 512

Re: Used Pickup Truck with front bench seating

The classic front bench seats will be found in full-size pickups from the mid-'90s and earlier. However, more recent models have had 40/20/40 split bench or a 60/40 split bench. Believe my F150 (2012) has a 60/40 split bench, but I always keep the console folded down so I never use that middle seat....