Search found 50 matches

by hyperon
Mon Apr 12, 2021 4:35 pm
Forum: Personal Investments
Topic: ETF For Cybercurrency If Asset Class
Replies: 23
Views: 1430

Re: ETF For Cybercurrency If Asset Class

If you're just looking to get invested in Bitcoin it really isn't difficult these days. In addition to Coinbase already mentioned, if you aren't crypto savvy and are comfortable with using a 3rd party custodian you could buy from a site like BlockFi and keep "your" Bitcoin on there earning...
by hyperon
Mon Apr 12, 2021 4:18 pm
Forum: Personal Investments
Topic: Personal Finance Check Up
Replies: 8
Views: 1065

Re: Personal Finance Check Up

On the student loans: I refinanced about 60k in 2019 at 3.64% fixed. I have a very stable job and had no plans to change careers anytime soon. Keep in mind that it is difficult to get the lowest advertised rates even with excellent credit unless you are willing to have a cosigner. At the moment I'd ...
by hyperon
Sat Feb 13, 2021 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Engineering Physics as a major
Replies: 92
Views: 4597

Re: Engineering Physics as a major

Physicist here. I am familiar with a few people with Engineering Physics degrees, none of whom work professionally as engineers. If your son wants to pursue a career in engineering, then I'd suggest he get an engineering degree, not an engineering physics degree. He can always minor in physics, or c...
by hyperon
Fri Feb 05, 2021 4:05 pm
Forum: Personal Investments
Topic: Emergency Fundvestment - Planning for Large Future Expenses
Replies: 17
Views: 1135

Re: Emergency Fundvestment - Planning for Large Future Expenses

Just wanted to thank you and everyone else again for your replies. I have adjusted my withholdings to max out my 403(b) for the year and the tax savings from my additional contributions will pay for most my Roth contribution. I have also contacted my mother's FA who is actually very knowledgeable o...
by hyperon
Thu Jan 28, 2021 7:28 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 4408
Views: 338928

Re: Small Cap Value heads Rejoice !!!

Hi All, I have a question related to the recently discussed topic of spreading an SCV allocation across multiple funds/ETFs if anyone feels like sharing their thoughts. I recently moved my SCV allocation from SLYV to AVUV, but I also really like the fundamental weighting of the RAFI indices, own som...
by hyperon
Tue Jan 26, 2021 10:47 pm
Forum: Investing - Theory, News & General
Topic: Book for 20 Year Old Beginner
Replies: 28
Views: 2963

Re: Book for 20 Year Old Beginner

For a 20 year old, I think the following book might be a more entertaining introduction as its not dry like most of my favorites are:

"I Will Teach You to Be Rich" by Ramit Sethi.

After that if he wants to dig deeper I'd go with Malkiel.
by hyperon
Sun Jan 24, 2021 12:19 am
Forum: Personal Investments
Topic: Emergency Fundvestment - Planning for Large Future Expenses
Replies: 17
Views: 1135

Re: Emergency Fundvestment - Planning for Large Future Expenses

There is quite a difference. I'm not sure what your thinking is based upon here. Someone else wondered if there was some sense of guilt? It's not difficult to feel that way about family, etc. My mom's had a rough go of it, and I do feel obliged to try to help make her life easier. So guilt works, s...
by hyperon
Sat Jan 23, 2021 8:45 pm
Forum: Personal Investments
Topic: Emergency Fundvestment - Planning for Large Future Expenses
Replies: 17
Views: 1135

Re: Emergency Fundvestment - Planning for Large Future Expenses

Thanks for saying. I really don't want to sacrifice my future, but I know I won't be able to sit by if she ends up in an uncomfortable situation. I figure I'd like to be prepared to help out a reasonable amount if I can, but like you said, I might be overestimating my ability to do so significantly...
by hyperon
Sat Jan 23, 2021 4:41 pm
Forum: Personal Investments
Topic: Emergency Fundvestment - Planning for Large Future Expenses
Replies: 17
Views: 1135

Re: Emergency Fundvestment - Planning for Large Future Expenses

I'll be blunt. You are making really poor financial decisions out of something -- guilt or manipulation. Your mom has $350,000 and you are subsidizing her $400 per month. You say you have sacrificed a lot already. Why? She is financially secure and able to live independently. None of this makes sen...
by hyperon
Sat Jan 23, 2021 4:33 pm
Forum: Personal Investments
Topic: Emergency Fundvestment - Planning for Large Future Expenses
Replies: 17
Views: 1135

Re: Emergency Fundvestment - Planning for Large Future Expenses

if you're offered a company match in the 457b and or 403b and you're not contributing to capture that match, you're giving up alot. Think about if you contribute 5% and the company matches that with 5%. You've just doubled your money. Where can you double your money that quickly? Nowhere except Gam...
by hyperon
Sat Jan 23, 2021 3:27 pm
Forum: Personal Investments
Topic: Emergency Fundvestment - Planning for Large Future Expenses
Replies: 17
Views: 1135

Re: Emergency Fundvestment - Planning for Large Future Expenses

It’s admirable that you want to help your mother, but sacrificing your future is not the way to go imho. If she has a need for long term care after she depletes her savings, Medicaid will kick in and take over. If you were making 500k a year it might be different, but I don’t think you can afford w...
by hyperon
Sat Jan 23, 2021 3:16 pm
Forum: Personal Investments
Topic: Emergency Fundvestment - Planning for Large Future Expenses
Replies: 17
Views: 1135

Re: Emergency Fundvestment - Planning for Large Future Expenses

You would probably benefit from speaking with an attorney familiar with elder care and finances. Agreed. I'll put this on the list. For starters, you probably do NOT want to gift her money, ... I wasn't planning on gifting her money so much as potentially covering expenses as they arose. TBH I don'...
by hyperon
Sat Jan 23, 2021 2:18 pm
Forum: Personal Investments
Topic: Emergency Fundvestment - Planning for Large Future Expenses
Replies: 17
Views: 1135

Emergency Fundvestment - Planning for Large Future Expenses

Bonjour Bogleheads, Long-time lurker, recent member/poster here. I've learned a great deal here and really appreciate all of your contributions! I'm trying to plan for extreme expenses in the future should my mother run out of money, likely due to health issues, and require long-term care or need as...
by hyperon
Sun Jan 17, 2021 8:00 pm
Forum: Personal Consumer Issues
Topic: Anyone have the new Apple M1 MacBook?
Replies: 28
Views: 2891

Re: Anyone have the new Apple M1 MacBook?

I moved from a 2015 Macbook Pro to the new base model M1 Air. The new Air feels faster. Running Zoom, Chrome with 30 tabs, and Spotify, it doesn't heat up at all which is great. This was not the case with the previous Intel model Air. I don't see why most users would need a Pro at all. If you don't ...
by hyperon
Sun Jan 17, 2021 12:27 pm
Forum: Personal Investments
Topic: Should I Continue to DCA?
Replies: 29
Views: 2148

Re: Should I Continue to DCA?

DCA always gets worse results then lump sum. That is simply not true. The general consensus is LS beats DCA 66% of the time. Ergo, 34% of the time DCA beats LS. That means that DCA is always the worse STRATEGY, which is the right answer even when the question is wrong. Not if DCA allows one to stay...
by hyperon
Sun Jan 17, 2021 11:59 am
Forum: Personal Investments
Topic: Millennial - invest in bonds at all?
Replies: 105
Views: 8951

Re: Millennial - invest in bonds at all?

If panicking is not your nature, I would tell you to go all in on stocks. I'm 49 and I don't rattle easily, and I am all in on stocks. All bonds have done is slow down my progress toward financial independence. Bear markets don't usually last more than a few years, and I can live with that risk. Wo...
by hyperon
Mon Oct 05, 2020 11:44 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation, How to Choose
Replies: 13
Views: 1114

Re: Asset Allocation, How to Choose

You sound like a good candidate for the three-fund portfolio (as previously mentioned by Robot Monster above): https://www.bogleheads.org/wiki/Three-fund_portfolio . Vanguard is owned by the shareholders. Though I don't have much experience with Vanguard, I have heard consistent feedback on this sit...
by hyperon
Thu Sep 24, 2020 10:37 pm
Forum: Investing - Theory, News & General
Topic: Swenson's Yale Portfolio
Replies: 23
Views: 2397

Re: Swenson's Yale Portfolio

I honestly don't understand the point of comparing the Swenson portfolio's performance to the S&P500. It completely ignores that the goals that govern Swenson's portfolio construction are not going to be the same as those of a retail investor (oh, what Norm said!). Isn't comparing everything to ...
by hyperon
Mon Sep 07, 2020 11:51 pm
Forum: Personal Consumer Issues
Topic: Help me choose 2 audible books!
Replies: 32
Views: 1711

Re: Help me choose 2 audible books!

Count of Monte Cristo - Dumas - outstanding narration by John Lee - this is a long one - 47 hours, but is just excellent I don't know about the OP, but this just landed on my wishlist. Thanks for that! 47 hours of John Lee reading the Count of Monte Cristo sounds like an excellent plan for the wint...
by hyperon
Mon Sep 07, 2020 11:04 pm
Forum: Personal Consumer Issues
Topic: Help me choose 2 audible books!
Replies: 32
Views: 1711

Re: Help me choose 2 audible books!

Hi OP, Love Audible! Though I've actually had to put my account on pause as I do much less listening now that I'm not driving 8 hours or so a week. One credit a month (Gold Plan) doesn't seem like much until a pandemic hits. Big sci-fi fan here, so if you don't like sci-fi, skip the first list: Read...
by hyperon
Fri Aug 28, 2020 9:42 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

rkhusky wrote: Fri Aug 28, 2020 9:37 pm Just because something is rare or scarce does not mean it is valuable.
I don't think anybody is saying otherwise.
by hyperon
Fri Aug 28, 2020 9:31 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

Quantum computing will kill Bitcoin, if Bitcoin doesn’t die before then. Sure, maybe (some big ifs in there), but if quantum computing gets that far then all our other electronically held investments are very likely equally at risk. Not really, because security for other systems can be updated. The...
by hyperon
Fri Aug 28, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

It is a scam. One day Bitcoin will be worthless. It's mathematically inevitable. Madoff's Ponzi scheme lasted what 16+ years. Bitcoin's been around for at most 11 years. One day everything will be worthless. It's a non-prediction. It's mathematically inevitable. Please explain. Quantum computing wi...
by hyperon
Fri Aug 28, 2020 8:20 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

There were threads on Bitcoin going back to 2011 here and I am astonished how these forum posters keep repeating the same line "scam" "worthless" even when it gone from 1$ to 11,000 USD. You would think they would have gotten more humble in their ramblings due to how wrong they ...
by hyperon
Fri Aug 28, 2020 5:38 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

I will also note that the scarcity claim is absurd. There is no scarcity of numbers and no scarcity of cryptocurrencies that can be created. Sorry, but this comment shows a clear misunderstanding of what is meant by Bitcoin's scarcity, especially "and no scarcity of cryptocurrencies that can b...
by hyperon
Fri Aug 28, 2020 5:35 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

I will also note that the scarcity claim is absurd. There is no scarcity of numbers and no scarcity of cryptocurrencies that can be created. Sorry, but this comment shows a clear misunderstanding of what is meant by Bitcoin's scarcity, especially "and no scarcity of cryptocurrencies that can b...
by hyperon
Fri Aug 28, 2020 5:21 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

I will also note that the scarcity claim is absurd. There is no scarcity of numbers and no scarcity of cryptocurrencies that can be created. Sorry, but this comment shows a clear misunderstanding of what is meant by Bitcoin's scarcity, especially "and no scarcity of cryptocurrencies that can b...
by hyperon
Fri Aug 28, 2020 5:16 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

Hi all, I'm agnostic on Bitcoin, but would be interested to know what some of the more economics-minded posters think of the Winklevoss twins' arguments as to why the Dollar, gold, and oil are not long-term stores of value, but Bitcoin is: https://winklevosscapital.com/the-case-for-500k-bitcoin/ Oh...
by hyperon
Fri Aug 28, 2020 5:09 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

There are 3 things certain in life. Death. Taxes. And that in every bitcoin thread there is at least one fanboy (who somehow drifted over here from reddit land) who states that Bogleheads are ignorant because they just don't understand bitcoin enough and that it has gone up so much in the past, moc...
by hyperon
Fri Aug 28, 2020 5:00 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 24258

Re: Winklevoss: The Case for $500,000 Bitcoin

There were threads on Bitcoin going back to 2011 here and I am astonished how these forum posters keep repeating the same line "scam" "worthless" even when it gone from 1$ to 11,000 USD. You would think they would have gotten more humble in their ramblings due to how wrong they ...
by hyperon
Thu Aug 27, 2020 2:22 pm
Forum: Investing - Theory, News & General
Topic: Fed wants inflation
Replies: 30
Views: 3128

Re: Fed wants inflation

FIREchief wrote: Thu Aug 27, 2020 2:00 pm
rich126 wrote: Thu Aug 27, 2020 1:08 pm And of course the government doesn't want high inflation since that would make the debt payments too high thus wanting a 2-4% inflation range.
I thought it was the exact opposite. :confused
Agree. The debt doesn't inflate, so inflation is beneficial for paying down the debt.
by hyperon
Tue Aug 25, 2020 10:11 pm
Forum: Personal Investments
Topic: Personal Finance Advice for New PhD
Replies: 27
Views: 2676

Re: Personal Finance Advice for New PhD

I would live off my spouse's salary and save everything. Your income is rather high and will get higher, so you can afford to: 1. Contribute max to your 403(b) or 401(k). Yes, you should do the 403(b) probably before you do Roth IRAs. 2. Contribute max to your spouse's 403(b) or 401(k), 3. Contribu...
by hyperon
Tue Aug 25, 2020 9:51 pm
Forum: Personal Investments
Topic: Personal Finance Advice for New PhD
Replies: 27
Views: 2676

Re: Personal Finance Advice for New PhD

Time in the market is key, so I'd definitely max out those Roth IRAs first. Then I'd suggest investigating your 403b options and potentially dumping the rest in there. Rather than accumulating cash for a home purchase now, get money in the market now, avoid lifestyle creep, and when your salary incr...
by hyperon
Thu Aug 20, 2020 10:48 am
Forum: Personal Consumer Issues
Topic: MAC computer problem
Replies: 12
Views: 842

Re: MAC computer problem

Since you obviously still have access to the internet one way or the other (meaning you are now using a different computer to access the internet), assuming you don't have documents on your local hard drive that have your account information (account #'s and such), you could just change all your pas...
by hyperon
Thu Aug 20, 2020 10:31 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 313
Views: 40688

Re: Bitcoin: What is it, in Plain English

When it comes to long-term investing, Bitcoin and gold are functionally equivalent. Gold has been used as a currency and store of value for literally thousands of years. Bitcoin has been around for about 10 minutes. I don't think "Bitcoin" and "long-term investing" should be use...
by hyperon
Thu Aug 20, 2020 12:47 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 313
Views: 40688

Re: Bitcoin: What is it, in Plain English

When it comes to long-term investing, Bitcoin and gold are functionally equivalent. Gold has been used as a currency and store of value for literally thousands of years. Bitcoin has been around for about 10 minutes. I don't think "Bitcoin" and "long-term investing" should be use...
by hyperon
Thu Aug 20, 2020 12:39 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 313
Views: 40688

Re: Bitcoin: What is it, in Plain English

There is just a whole lot of wrong in this thread from both supporters and dissenters. What ever happened to an informed opinion? For those of you that are interested in learning more about Bitcoin I'd recommend "The Bitcoin Standard" by Saifedean Ammous. I'm not saying that I personally a...
by hyperon
Wed Aug 19, 2020 2:34 pm
Forum: Investing - Theory, News & General
Topic: Can Academics Beat the Stock Market?
Replies: 109
Views: 7850

Re: Can Academics Beat the Stock Market?

First, let's start by assuming the financial markets are a sphere...
by hyperon
Wed Aug 19, 2020 12:06 pm
Forum: Investing - Theory, News & General
Topic: Can Academics Beat the Stock Market?
Replies: 109
Views: 7850

Re: Can Academics Beat the Stock Market?

I believe the data does show that the big smart institutional investors do outperform the indexes. Sorry Dave, you are mistaken: The "big smart institutional investors" at our colleges earned an average of 5.3% in 2019. Meanwhile Vanguard Total Stock Market earned 30.8% . https://www.insi...
by hyperon
Wed Aug 19, 2020 12:24 am
Forum: Investing - Theory, News & General
Topic: Can Academics Beat the Stock Market?
Replies: 109
Views: 7850

Re: Can Academics Beat the Stock Market?

I offer an academic response: if four cherry-picked data points are proof of anything, then it is literally possible to prove anything.

If you really want to prove something, first make a legitimate attempt to prove its opposite.
by hyperon
Fri Aug 14, 2020 9:36 pm
Forum: Investing - Theory, News & General
Topic: Current Podcast Recommendations?
Replies: 21
Views: 1864

Re: Current Podcast Recommendations?

Sound Investing, hosted by Paul Merriman
by hyperon
Fri Aug 14, 2020 9:08 pm
Forum: Personal Consumer Issues
Topic: Driving Boston to Nashville
Replies: 51
Views: 2784

Re: Driving Boston to Nashville

Depending on the exact route Google Maps takes you near NYC (probably across the GW Bridge), you could run into some rough highways with small lanes and many opportunities to miss a turn or exit. Personally I've done quite a bit of driving in the east and I think the NY-PA-OH-KY route is worth an e...
by hyperon
Fri Aug 14, 2020 4:39 pm
Forum: Personal Consumer Issues
Topic: Driving Boston to Nashville
Replies: 51
Views: 2784

Re: Driving Boston to Nashville

Depending on the exact route Google Maps takes you near NYC (probably across the GW Bridge), you could run into some rough highways with small lanes and many opportunities to miss a turn or exit. Personally I've done quite a bit of driving in the east and I think the NY-PA-OH-KY route is worth an ex...
by hyperon
Fri Aug 14, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: [How does one fight the urge to make simple things more complex?]
Replies: 82
Views: 5366

Re: [How does one fight the urge to make simple things more complex?]

But does anyone find they have an inner disinclination (for want of a better word) in having such a simple porfolio? I mean, rationally I realise how hard it is to beat the market; yet there's something in me that finds it really hard to just put all my investments in three funds. Have you experien...
by hyperon
Fri Aug 14, 2020 3:12 pm
Forum: Investing - Theory, News & General
Topic: [How does one fight the urge to make simple things more complex?]
Replies: 82
Views: 5366

Re: [How does one fight the urge to make simple things more complex?]

Lauretta wrote: Fri Aug 14, 2020 9:07 am I tell myself for example that tilting to value should improve results, even though it hasn't so far.
Historically value HAS provided a premium, though this is not the case over the last decade or so.
by hyperon
Mon Aug 10, 2020 6:49 pm
Forum: Personal Consumer Issues
Topic: Herman Miller Aeron chair
Replies: 64
Views: 5426

Re: Herman Miller Aeron chair

I cannot understand for the life of me why are these chairs 1000+. They are very simple, materials seem common. I have one at work, I was always convinced it is a 150$ chair until we moved in a different building and everybody moved their chair because "its a Herman Miller!". I might brin...
by hyperon
Sun Aug 09, 2020 2:55 pm
Forum: Personal Consumer Issues
Topic: Honda FIT
Replies: 50
Views: 2710

Re: Honda FIT

I neglected to mention. If you decide you want to buy a Fit, I suggest you get some experience at the dealer with the touchscreen console in the dash. My 2015 Fit's touchscreen is really very annoying to use particularly if you are moving. Yes, there are controls on the steering wheel, but that onl...
by hyperon
Sun Aug 09, 2020 2:45 pm
Forum: Personal Consumer Issues
Topic: Honda FIT
Replies: 50
Views: 2710

Re: Honda FIT

I neglected to mention. If you decide you want to buy a Fit, I suggest you get some experience at the dealer with the touchscreen console in the dash. My 2015 Fit's touchscreen is really very annoying to use particularly if you are moving. Yes, there are controls on the steering wheel, but that only...
by hyperon
Sun Aug 09, 2020 2:38 pm
Forum: Personal Consumer Issues
Topic: Honda FIT
Replies: 50
Views: 2710

Re: Honda FIT

Sad news about the Fit. I had a 2007 Honda Fit (was forced to sell it in 2009 due to financial issues) then later bought a new 2015 Honda Fit that I gave to my girlfriend at 60k miles, so it's still in the family. I drove it cross country 4 times with absolutely no issues. It's a great little car th...
by hyperon
Wed Jul 22, 2020 11:38 pm
Forum: Personal Investments
Topic: Charles Schwab
Replies: 48
Views: 5879

Re: Charles Schwab

Paul Merriman has a page that provides a list of the Schwab ETFs (and SPDR incidentally) that he and his associates at his foundation have found best replicate his Ultimate Buy and Hold Portfolio that is based on DFA funds, if you're interested: https://paulmerriman.com/schwab-tax-deferred-etf-portf...