Search found 2453 matches

by acegolfer
Mon Apr 12, 2021 7:11 pm
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 162
Views: 15638

Re: Did you move for better weather? Did you regret it?

Moved from a city where we never used A/C in summer to a new city where we never use heater in winter. I prefer heat over cold.
by acegolfer
Thu Apr 01, 2021 5:57 am
Forum: Investing - Theory, News & General
Topic: Ticker symbol for us 2 year
Replies: 6
Views: 581

Re: Ticker symbol for us 2 year

How does the CBOE fit in to these and why not Nasdaq or NYSE? Treasuries are bonds with fixed maturity date. They are not options/stocks. So they are not traded at CBOE/Nasdaq/NYSE. The treasury index doesn't track bond prices. Instead, it tracks the yield to maturity for a specific maturity. I'm n...
by acegolfer
Wed Mar 31, 2021 9:43 am
Forum: Personal Consumer Issues
Topic: What to do with 26 year old central AC unit?
Replies: 40
Views: 2683

Re: What to do with 26 year old central AC unit?

I think the annual maintenance on AC units is a scam. Plus they are already there if something needs fixing A lot of AC repair can be done yourself a much lower costs. The most egregious was my last suggested repair. AC is not quite working right, and I have the dude diagnosis it for $100. Bad circ...
by acegolfer
Sun Mar 28, 2021 9:00 am
Forum: Personal Finance (Not Investing)
Topic: What is an average retirement a/c worth in America ?
Replies: 228
Views: 22378

Re: What is an average retirement a/c worth in America ?

Zillions wrote: Tue Mar 23, 2021 6:37 pm What is the size of the average of retirement assets in America for those in their mid to late 40s?
Average retirement account balance of US households with age 40-49: $123,211.32
by acegolfer
Sun Mar 28, 2021 8:13 am
Forum: Personal Consumer Issues
Topic: Figured out how to make google voice never expire
Replies: 25
Views: 2354

Re: Figured out how to make google voice never expire

UpperNwGuy wrote: Sun Mar 28, 2021 7:16 am What is the advantage of having a google voice number instead of a regular mobile number through AT&T, Verizon, or T Mobile?
Not OP. But I have been using it for 14 yrs. I can make/receive phone calls and text from anywhere. I rarely use actual phone these days. It's not for everyone, though.
by acegolfer
Fri Mar 26, 2021 3:44 am
Forum: Personal Consumer Issues
Topic: Which car supports easy upgrades of driver assist features year over year without buying a new car every year ?
Replies: 34
Views: 3013

Re: Which car supports easy upgrades of driver assist features year over year without buying a new car every year ?

If you like Tesla's constant software update, consider openpilot project (https://comma.ai/). openpilot is open source software built to improve upon the existing driver assistance in most new cars on the road today. Tesla Autopilot like functionality for your Toyota, Honda, and more. Check reviews ...
by acegolfer
Wed Mar 24, 2021 6:10 am
Forum: Personal Consumer Issues
Topic: New 4K TV. But, Cable Box 1080p!
Replies: 8
Views: 1021

Re: New 4K TV. But, Cable Box 1080p!

Most TV networks in U.S. still use ATSC 1.0 standard at 720p/1080i. Unless your local TV network supports ATSC 3.0, you will not get 4k TV signal. Transitioning to ATSC 3.0 is a slow process and once it's complete, I hope your cable service provides a new device. For most ppl, the only way to get 4k...
by acegolfer
Sun Mar 21, 2021 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Question about car depreciation
Replies: 3
Views: 695

Re: Question about car depreciation

Yes. From IRS perspective, you have capital gains similar to depreciation recapture on rental property. The tax will be income tax rate * (sales price - book value), where book value = $0.
by acegolfer
Mon Mar 15, 2021 9:23 am
Forum: Personal Consumer Issues
Topic: Phones have been hacked
Replies: 18
Views: 2241

Re: Phones have been hacked

IMO, MFA using cell # is the weakest security link. Once the hacker has your phone (physically or sim swap), he virtually owns you. Without access to his phone #, OP can't even change his passwords.

I think MFA using SO's (or secondary) Google Voice # is a better practice.
by acegolfer
Tue Mar 09, 2021 8:55 am
Forum: Investing - Theory, News & General
Topic: Efficient Market Theory
Replies: 7
Views: 657

Re: Efficient Market Theory

In BH forum, many ppl disagree with EMH. But I haven't seen a single BH who disagrees with its implication, which matters more to average investors. EMH implies one cannot consistently outperform the market without taking more risk.
by acegolfer
Sun Mar 07, 2021 8:59 am
Forum: Personal Consumer Issues
Topic: Lexus or Tesla?
Replies: 62
Views: 3140

Re: Lexus or Tesla?

I never considered Tesla as a luxury car. To me, I'm paying for its technology rather than for comfort.
by acegolfer
Sun Mar 07, 2021 7:27 am
Forum: Investing - Theory, News & General
Topic: Bitcoin investment like insurance - which exchange?
Replies: 26
Views: 1953

Re: Bitcoin investment like insurance - which exchange?

With that said, is there an Exchange company that you recommend? I am planning to use Binance US, and probably it does not really matter which to go by, for how I use it. Coinbase/Kraken/Binance are equally good but also equally bad in the sense that they are not the place to store your crypto. Aft...
by acegolfer
Sat Mar 06, 2021 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Does plaid cost banks money?
Replies: 1
Views: 486

Re: Does plaid cost banks money?

yes. For commercial use, it's not free.
by acegolfer
Fri Mar 05, 2021 5:42 pm
Forum: Investing - Theory, News & General
Topic: Factors Affecting Bond Yields?
Replies: 5
Views: 538

Re: Factors Affecting Bond Yields?

Ok, understanding bonds is kind of Vodoo to me. I understand the basics. A bond has a face value and a fixed rate at the time of purchase. Yield is calculated by dividing the coupon payment by the face value which can fluctuate. So yield is inversely related to face value. I know inflation and inte...
by acegolfer
Thu Mar 04, 2021 3:26 pm
Forum: Personal Consumer Issues
Topic: Does anyone use travelers checks any more?
Replies: 110
Views: 5745

Re: Does anyone use travelers checks any more?

I don't see its needs for most folks. But there are a few cases when it becomes handy. For example, when I made money in a different country, it was safer/cheaper to use TC to bring money home than cash/wire.
by acegolfer
Thu Mar 04, 2021 9:35 am
Forum: Investing - Theory, News & General
Topic: How much do costs matter?
Replies: 43
Views: 4176

Re: How much do costs matter?

I have conducted my own analysis of ETF expense ratios by comparing the reported ratio to the difference in performance between the fund and a risk-adjusted benchmark. What I found was not surprising. Curious about the methodology. Can you elaborate the risk-adjusted benchmark? In the initial analy...
by acegolfer
Thu Mar 04, 2021 8:08 am
Forum: Investing - Theory, News & General
Topic: How much do costs matter?
Replies: 43
Views: 4176

Re: How much do costs matter?

vineviz wrote: Wed Mar 03, 2021 6:06 pm I have conducted my own analysis of ETF expense ratios by comparing the reported ratio to the difference in performance between the fund and a risk-adjusted benchmark. What I found was not surprising.
Curious about the methodology. Can you elaborate the risk-adjusted benchmark?
by acegolfer
Thu Mar 04, 2021 7:46 am
Forum: Investing - Theory, News & General
Topic: Frequency of Treasury Auctions
Replies: 3
Views: 179

Re: Frequency of Treasury Auctions

Question on the auction, when an auction is held is there a predetermined number of bonds up for bid? If yes, are they generally all sold? What conditions would need to happen for the government to schedule fewer or no auctions for a period of time. Thanks Before the auction, Treasury department ma...
by acegolfer
Wed Mar 03, 2021 8:15 am
Forum: Investing - Theory, News & General
Topic: The Efficient Market Hypothesis fundamentally makes no sense
Replies: 108
Views: 5267

Re: The Efficient Market Hypothesis fundamentally makes no sense

Asking EMH deniers. Do you disagree the following implications of EMH, which matters more to us than EMH itself?

"One cannot consistently outperform the market without taking more risk."
by acegolfer
Sun Feb 28, 2021 10:22 am
Forum: Investing - Theory, News & General
Topic: Have yields topped or are they going higher?
Replies: 30
Views: 2417

Re: Have yields topped or are they going higher?

VartAndelay wrote: Sat Feb 27, 2021 11:10 am Looking at the macro situation, have yields topped or are they going higher?
If the Nobel laureate (with specialty in macroeconomics) can't predict what the future interest rate will be, I won't make any prediction either.
by acegolfer
Thu Feb 25, 2021 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Prepaying Mortgage Aggressively (Ramsey approach) vs. Investing
Replies: 140
Views: 10984

Re: Prepaying Mortgage Aggressively (Ramsey approach) vs. Investing

1. I’m interested in how other Bogleheads view the prepayment vs investment question. 2. Why would one be more aggressive and sacrifice investment returns? 1. I view mortgage prepayment as investing in long term fixed rate CD. 2. Some people prefer a fixed rate low return over variable high return....
by acegolfer
Thu Feb 25, 2021 8:03 am
Forum: Investing - Theory, News & General
Topic: Nate Silver sums up trying to beat the market very well
Replies: 105
Views: 14306

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

eshkidd wrote: Mon Feb 22, 2021 2:18 pm What if you're a software tech employee with keen insights into trends, future tech, and vaporware?
It will work, only if your insight is better than market's insight.
by acegolfer
Wed Feb 24, 2021 9:26 am
Forum: Personal Consumer Issues
Topic: Tax Refund IRS Processed Quickly
Replies: 25
Views: 2360

Re: Tax Refund IRS Processed Quickly

This year, took 8 days. Last year, took 9 days.
by acegolfer
Wed Feb 24, 2021 7:19 am
Forum: Personal Consumer Issues
Topic: Tax Refund IRS Processed Quickly
Replies: 25
Views: 2360

Re: Tax Refund IRS Processed Quickly

My refund was deposited yesterday, and had been listed as a pending transaction with my bank over the weekend. "Where's my refund" on the IRS site still shows my return as received, but with no update on when the refund should be expected. It's not even listed as approved yet. Last year m...
by acegolfer
Tue Feb 23, 2021 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: When to payoff mortgage (before or at house sale)
Replies: 9
Views: 679

Re: When to payoff mortgage (before or at house sale)

Suppose you have $50k balance on a 3% mortgage and you have cash in bank to pay off.

Paying off will save (=earn) you 3% interest rate.
Keeping it in bank will earn you 0.5% interest rate.
by acegolfer
Tue Feb 23, 2021 8:14 am
Forum: Investing - Theory, News & General
Topic: Market efficiency and US vs. International
Replies: 38
Views: 2124

Re: Market efficiency and US vs. International

I have a pretty novice understanding of market efficiency, and could use some expertise here on a particular question :happy Obviously opinions here abound on international equity allocation, and whether it should be global market weight, or something else. Here’s what I don’t quite understand: let...
by acegolfer
Thu Feb 18, 2021 1:27 pm
Forum: Personal Consumer Issues
Topic: Changes to LastPass free
Replies: 209
Views: 14635

Re: Changes to LastPass free

but BW required one to move the cursor all the way up to the upper left area and click on their icon in order to populate the pw. Am not liking this additional steps. W LP the same icon is located right next to the forms box. Way more convenient. For anyone reading this, the keyboard shortcut to bi...
by acegolfer
Wed Feb 17, 2021 4:36 pm
Forum: Investing - Theory, News & General
Topic: Abandon Fama French Factor Model?
Replies: 52
Views: 3389

Re: Abandon Fama French Factor Model?

The "outperforming tendency" is not what you think it is (= average return comparison). It's abnormal return that can't be explained by CAPM. I don't think anything. The "outperforming tendencies" is part of the quote from Investopedia. Also from that source we have "(T)his...
by acegolfer
Wed Feb 17, 2021 4:17 pm
Forum: Investing - Theory, News & General
Topic: Abandon Fama French Factor Model?
Replies: 52
Views: 3389

Re: Abandon Fama French Factor Model?

The "outperforming tendency" is not what you think it is (= average return comparison). It's abnormal return that can't be explained by CAPM. I don't think anything. The "outperforming tendencies" is part of the quote from Investopedia. Also from that source we have "(T)his...
by acegolfer
Wed Feb 17, 2021 3:59 pm
Forum: Investing - Theory, News & General
Topic: Abandon Fama French Factor Model?
Replies: 52
Views: 3389

Re: Abandon Fama French Factor Model?

What Is the Fama and French Three Factor Model? The Fama and French Three-Factor Model (or the Fama French Model for short) is an asset pricing model developed in 1992 that expands on the capital asset pricing model (CAPM) by adding size risk and value risk factors to the market risk factor in CAPM...
by acegolfer
Tue Feb 16, 2021 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Alternatives
Replies: 165
Views: 12916

Re: Quicken Alternatives

Have you tried the new "Money in Excel"? Sounds like it might work better for you--take Mint out of the middle. Or Tiller if you prefer to stay with Sheets. No. There's no Excel formula to retrieve past price data. This is needed to calculate the portfolio/net worth at any given time. And...
by acegolfer
Tue Feb 16, 2021 11:59 am
Forum: Personal Consumer Issues
Topic: Changes to LastPass free
Replies: 209
Views: 14635

Re: Changes to LastPass free

So one can stay and pay or just switch to Bitwarden's free version with the understanding that features and/or costs could change in the future. :beer Cool, thanks for that. I might switch myself, I thought it would be a pain. Thanks again. FYI, https://bitwarden.com/help/article/import-from-lastpa...
by acegolfer
Tue Feb 16, 2021 11:15 am
Forum: Personal Consumer Issues
Topic: Changes to LastPass free
Replies: 209
Views: 14635

Re: Changes to LastPass free

In that time the company has changed ownership once but I have remained satisfied with the product. When LastPass changed ownership, I switched to Bitwarden because I suspected a change to LP would come. Transition was super easy following tutorial. No more right click to fill in password. But keyb...
by acegolfer
Tue Feb 16, 2021 10:37 am
Forum: Investing - Theory, News & General
Topic: If you use Vanguard (Brokerage), why do you stay?
Replies: 102
Views: 11493

Re: If you use Vanguard (Brokerage), why do you stay?

Currently, we have 7(?) accounts at Vanguard. But if I start fresh, I'd probably go with Schwab/Fidelity. 3 reasons why we are staying at Vanguard. 1. Pretty content with Vanguard UX. I know it's not the best but good enough for us. I don't need fancy tools to analyze my portfolio. 2. My spreadsheet...
by acegolfer
Tue Feb 16, 2021 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Alternatives
Replies: 165
Views: 12916

Re: Quicken Alternatives

2 years ago, I moved my data from Quicken to Google Sheet. I kept the Quicken program in my computer just in case I needed to look up. In 2 years, I never ran Quicken once. Now I don't have Quicken installed. My spreadsheet can do everything my old Quicken did. Pivot Table does wonders. Does it dow...
by acegolfer
Tue Feb 16, 2021 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Alternatives
Replies: 165
Views: 12916

Re: Quicken Alternatives

2 years ago, I moved my data from Quicken to Google Sheet. I kept the Quicken program in my computer just in case I needed to look up. In 2 years, I never ran Quicken once. Now I don't have Quicken installed. My spreadsheet can do everything my old Quicken did. Pivot Table does wonders.
by acegolfer
Mon Feb 15, 2021 9:21 am
Forum: Personal Consumer Issues
Topic: how much do you budget car repairs/home repairs for?
Replies: 37
Views: 4725

Re: how much do you budget car repairs/home repairs for?

I calculated the total spending on home repair/maintenance/improvement in the last 10 yrs. The total was $12,500 or $1,250/yr.
by acegolfer
Sun Feb 14, 2021 8:14 am
Forum: Investing - Theory, News & General
Topic: If you bought Bitcoin, when do you plan to sell?
Replies: 396
Views: 38026

Re: If you bought Bitcoin, when do you plan to sell?

I didn't buy BTC. Instead, It was given to me and I have no plan to sell. I treat it, as if I'm holding on behalf of the sender (he may request it, or dollar worth, back in future). If he does, then that's when I'll sell. He texts me, whenever BTC hits ATH.
by acegolfer
Sun Feb 14, 2021 8:09 am
Forum: Investing - Theory, News & General
Topic: Duration longer than maturity? [VFICX/VFIDX Intermed InvGrd Bonds]
Replies: 18
Views: 1021

Re: Duration longer than maturity? [VFICX/VFIDX Intermed InvGrd Bonds]

That link shows 6.8 yrs is the "average effective maturity", not maturity. So yes, it's possible for that to be shorter than duration. "Average Effective Maturity is defined as the average length of time until fixed income securities held by a fund reach maturity and are repaid, takin...
by acegolfer
Sun Feb 14, 2021 8:06 am
Forum: Investing - Theory, News & General
Topic: The premise of the "emergency fund" is flawed
Replies: 559
Views: 32979

Re: The premise of the "emergency fund" is flawed

"If one has a large taxable account, then he doesn't need a separate EF." I have been saying this for years but ppl disagreed. Good to finally see folks with similar views.
by acegolfer
Sat Feb 13, 2021 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for an exit strategy out of BTC
Replies: 95
Views: 3918

Re: Looking for an exit strategy out of BTC

Mutual Funds (85% Stock 15% Bond) SEP-IRA 243K Roth-IRA 31K Crypto 35 BTC 1.2M (estimated at 35K each) (LTG bought at 0.5K - 1K) tax may be clouding your judgment so let's imagine you have $1.5M in cash and start fresh. How will you allocate it now? Once you figure that out, then next consider how ...
by acegolfer
Sat Feb 13, 2021 12:06 pm
Forum: Personal Consumer Issues
Topic: Download or Usefully Paste Transactions on Vanguard site
Replies: 7
Views: 620

Re: Download or Usefully Paste Transactions on Vanguard site

As best I can tell, Vanguard is not set up to enable the download of transactions, say all 2021 YTD checks for example. When I copy the transactions and paste them into Excel, I find that what seem to be numbers, i.e. dollar amounts of each transaction, are not acknowledged as numbers in Excell in ...
by acegolfer
Sat Feb 13, 2021 8:57 am
Forum: Investing - Theory, News & General
Topic: Total World Index is tracking lower than Total US and Total International
Replies: 13
Views: 1929

Re: Total World Index is tracking lower than Total US and Total International

Only in theory, world = weighted portfolio of US and ex-US. But with funds, this equality may not hold. It's because funds don't track their indexes perfectly and indexes don't track their total markets perfectly.
by acegolfer
Tue Feb 09, 2021 4:43 pm
Forum: Investing - Theory, News & General
Topic: If you are investing in a traditional 401(k) or traditional IRA, do you have a good reason for doing this?
Replies: 156
Views: 9331

Re: If you are investing in a traditional 401(k) or traditional IRA, do you have a good reason for doing this?

It looks like there are not too many good reasons for investing in a trad. Good reasons would be: Seems that trad investments should be avoided unless one of these are true: 1. Your marginal tax bracket for combined state and federal taxes is higher than the projected withdrawal tax bracket. 2. You...
by acegolfer
Tue Feb 09, 2021 4:25 pm
Forum: Investing - Theory, News & General
Topic: If you want to market weight preferred stock and junk bonds, what would be the ratio?
Replies: 73
Views: 2979

Re: If you want to market weight preferred stock and junk bonds, what would be the ratio?

Corporate bonds are certainly in the market portfolio, but the conventional view is that adding them does not make much difference empirically. Robert Stambaugh had research on that decades ago. TY. FYI, Stambaugh's research is related but a slightly different topic from our discussion. He found di...
by acegolfer
Tue Feb 09, 2021 9:41 am
Forum: Personal Consumer Issues
Topic: STEM summer camp for high-school student?
Replies: 7
Views: 577

STEM summer camp for high-school student?

Can you recommend a STEM summer camp for a 9th grader (turning 10th grade after summer) who wants to be an engineering major? We are willing to travel but online is preferable given pandemic. The kid is currently taking Algebra 2 Honors and Chemistry Honors.
by acegolfer
Tue Feb 09, 2021 7:34 am
Forum: US Chapters
Topic: Why A Good Boglehead Must Leave The Bogleheads Forum
Replies: 180
Views: 18361

Re: Why A Good Boglehead Must Leave The Bogleheads Forum

OP, if I were you, then I'd leave too. My investment strategy hasn't changed for 10+ yrs (perhaps 20 yrs).
by acegolfer
Mon Feb 08, 2021 5:06 pm
Forum: Personal Consumer Issues
Topic: Men, Where do you Carry Your Cell phone?
Replies: 16
Views: 1074

Re: Men, Where do you Carry Your Cell phone?

I rarely wear jacket these days. So I bought a small form factor phone that fits comfortably in my back pocket.
by acegolfer
Mon Feb 08, 2021 9:14 am
Forum: Investing - Theory, News & General
Topic: Why not add high-yield bonds?
Replies: 86
Views: 5748

Re: Why not add high-yield bonds?

The Bloomberg Barclays U.S. Universal Index includes some bonds that the "aggregate" index does not include, like high yield bonds and USD-denominated bonds from non-US issuers. iShares offers a couple of ETFs that track this index (e.g. IUSB, ILTB). TY. Learned something new today. If an...
by acegolfer
Mon Feb 08, 2021 8:47 am
Forum: Investing - Theory, News & General
Topic: Why not add high-yield bonds?
Replies: 86
Views: 5748

Re: Why not add high-yield bonds?

VTI pretty much hold every stock regardless of the quality, and many people here support this ETF as the goto for stocks. But the recommended bond ETF of BND, which only holds investment-grade, breaks the rules by not holding high-yield bonds when the high-yield bond market is not trivial? For exam...