Bogleheads.org

acegolfer

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.

acegolfer

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...

acegolfer

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...

acegolfer

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

acegolfer

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.

acegolfer

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 ...

acegolfer

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...

acegolfer

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.

acegolfer

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.

acegolfer

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.

acegolfer

I never considered Tesla as a luxury car. To me, I'm paying for its technology rather than for comfort.

acegolfer

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...

acegolfer

yes. For commercial use, it's not free.

acegolfer

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...

acegolfer

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.

acegolfer

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...

acegolfer

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?

acegolfer

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...

acegolfer

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."

acegolfer

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.

acegolfer

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....

acegolfer

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.

acegolfer

This year, took 8 days. Last year, took 9 days.

acegolfer

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...

acegolfer

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.

acegolfer

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...

acegolfer

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...

acegolfer

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...

acegolfer

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...

acegolfer

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...

acegolfer

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...

acegolfer

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...

acegolfer

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...

acegolfer

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...

acegolfer

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...

acegolfer

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.

acegolfer

I calculated the total spending on home repair/maintenance/improvement in the last 10 yrs. The total was $12,500 or $1,250/yr.

acegolfer

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.

acegolfer

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...

acegolfer

"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.

acegolfer

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 ...

acegolfer

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 ...

acegolfer

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.

acegolfer

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...

acegolfer

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...

acegolfer

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.

acegolfer

OP, if I were you, then I'd leave too. My investment strategy hasn't changed for 10+ yrs (perhaps 20 yrs).

acegolfer

I rarely wear jacket these days. So I bought a small form factor phone that fits comfortably in my back pocket.

acegolfer

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...

acegolfer

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...

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