Search found 1674 matches

by Raymond
Mon Apr 12, 2021 2:00 pm
Forum: Personal Investments
Topic: Charged for a couple sell transactions
Replies: 3
Views: 343

Re: Charged for a couple sell transactions

Some specific funds come with transactions fees, so that could be the case. You could read the fee disclosures in the prospectus or call Vanguard to get a definitive answer. Thank you, I see both these funds have Transaction fees up to $50 (so I guess I got off cheap!), one also has 12b-1 fee of up...
by Raymond
Mon Apr 12, 2021 11:16 am
Forum: Investing - Theory, News & General
Topic: Is this the single worst time to be a passive investor
Replies: 64
Views: 7047

Re: Is this the single worst time to be a passive investor

...Since inception, his own mutual fund failed to outperform an S&P 500 index fund. But his fund has had slightly higher volatility and slightly lower risk-adjusted return. I'm glad the difference happens to be in the direction of confirming my bias, but, hey, let's call it a tie. His fund cert...
by Raymond
Sun Apr 11, 2021 11:50 pm
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 223
Views: 15662

Re: 2021 Hedge Fund Contest

A shout-out to the Hudson Road Associates analyst team:

Bonnie Bonobo, Baker Langur, and Gordo Tamarin, using our proprietary Plumbata technology platform.
by Raymond
Tue Apr 06, 2021 6:45 pm
Forum: Personal Investments
Topic: Senior Collge Student Earned $600,000 Needs Guidance
Replies: 20
Views: 3322

Re: Senior Collge Student Earned $600,000 Needs Guidance

Congrats! VT in Brokerage? To clarify: VT = Vanguard Total World Stock Index Fund ETF Steel, Congratulations to your son! Not to be a downer, but is the $600,000 net of Federal and state income taxes, and FICA? Was the income reported on a Form W-2 (employee) or as an independent contractor on a Fo...
by Raymond
Tue Apr 06, 2021 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else see drastic increase in Zillow value today?
Replies: 127
Views: 12163

Re: Anyone else see drastic increase in Zillow value today?

I think for many it's just interesting to see what their home could be worth. My niece (high school age in a wealthy area) says looking up Zillow values of their classmates' homes is something even kids do :? I hope they don't use the Zillow values to see who they can be friends with :( Oh my God B...
by Raymond
Thu Apr 01, 2021 11:03 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2277
Views: 270633

Re: Milestone #2 250K

...Now I probably jinxed things and will be back under 100K in a few hours when the market opens. I hope that in not too many years a one-day drop or rise of $100,000 in your portfolio will cause you to merely raise one eyebrow and say, "Hmm, that's interesting." :sharebeer [Whoops! Quote...
by Raymond
Wed Mar 31, 2021 7:14 pm
Forum: Investing - Theory, News & General
Topic: Useless Investment Books
Replies: 106
Views: 9111

Re: Useless Investment Books

Why would anyone on this forum read books about investing when they have access to regular posts from such investment gurus as nisiprius, grabiner, livesoft, Kevin M, Taylor Larimore, Rick Ferri, and others? Where were they in 1990? Exactly. May as well have asked, "Why would anyone use paypho...
by Raymond
Mon Mar 22, 2021 12:37 pm
Forum: Personal Consumer Issues
Topic: Dog DNA Test
Replies: 49
Views: 4323

Re: Dog DNA Test

... I was always told by my mom that we were part Italian. Her maiden name is Italian. So, the wife got me the 23&me test for Christmas. Results came back in. No Italian in my DNA. Closest match geographically was Greek, 4% at that. The kicker was a third of my heritage was French. Never even r...
by Raymond
Sun Mar 21, 2021 10:11 pm
Forum: Personal Consumer Issues
Topic: Dog DNA Test
Replies: 49
Views: 4323

Re: Dog DNA Test

... I was always told by my mom that we were part Italian. Her maiden name is Italian. So, the wife got me the 23&me test for Christmas. Results came back in. No Italian in my DNA. Closest match geographically was Greek, 4% at that. The kicker was a third of my heritage was French. Never even r...
by Raymond
Sun Mar 21, 2021 3:01 pm
Forum: Personal Investments
Topic: Do you think this fund is safe or risky compared to the Wellington? OAKBX OAKMARK EQUITY AND INCOME INVESTOR
Replies: 7
Views: 684

Re: Do you think this fund is safe or risky compared to the Wellington? OAKBX OAKMARK EQUITY AND INCOME INVESTOR

Here are the Morningstar "Risk" pages for both funds: Vanguard Wellington Investor (VWELX): https://www.morningstar.com/funds/xnas/vwelx/risk Oakmark Equity And Income Investor (OAKBX): https://www.morningstar.com/funds/xnas/oakbx/risk What do you think? *I* think you pay more and get less...
by Raymond
Fri Feb 26, 2021 3:53 pm
Forum: Investing - Theory, News & General
Topic: Stories about picking up pennies in front of steamrollers (gone wrong)
Replies: 27
Views: 3004

Re: Stories about picking up pennies in front of steamrollers (gone wrong)

In a company where I worked before, some guy kept selling <1% delta calls on crude oil as "free money". Anyway, that one time where WTI went to $150 put an end to that. How much did that adventure end up costing him? Not sure. I was pretty junior, so did not ask. The real answer maybe is ...
by Raymond
Fri Feb 26, 2021 3:25 pm
Forum: Personal Consumer Issues
Topic: Does anyone have a pill splitter recommendation (specifically for small pills)?
Replies: 24
Views: 1437

Re: Does anyone have a pill splitter recommendation (specifically for small pills)?

...However you cut them, I'd suggest NOT cutting the pills as a batch but one by one as needed. This way, any unevenness in the cut is averaged out between one dose and the next. When cut as a batch, you risk giving "large" or "small" halves on a run of doses. Oh, good point! <g...
by Raymond
Fri Feb 26, 2021 3:07 pm
Forum: Investing - Theory, News & General
Topic: Stories about picking up pennies in front of steamrollers (gone wrong)
Replies: 27
Views: 3004

Re: Stories about picking up pennies in front of steamrollers (gone wrong)

hi_there wrote: Fri Feb 26, 2021 2:56 pm In a company where I worked before, some guy kept selling <1% delta calls on crude oil as "free money". Anyway, that one time where WTI went to $150 put an end to that.
How much did that adventure end up costing him?
by Raymond
Fri Feb 26, 2021 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Going into business with family
Replies: 113
Views: 5930

Re: Going into business with family

Like the OP, I have zero, zip, nada experience owning a business. I would probably run a lemonade stand into bankruptcy. I was commenting on your general observation: "This forum is not a good place to get advice on being an entrepreneur." Yes - every time. Again, not the best place, but n...
by Raymond
Fri Feb 26, 2021 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Going into business with family
Replies: 113
Views: 5930

Re: Going into business with family

This forum is not a good place to get advice on being an entrepreneur. There are a few but most are not willing to take that type of risk. Did he run the previous businesses successfully? You may be right that he wants you as an investor, but I think you should listen to what he says with an open m...
by Raymond
Fri Feb 26, 2021 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Going into business with family
Replies: 113
Views: 5930

Re: Going into business with family

This forum is not a good place to get advice on being an entrepreneur. There are a few but most are not willing to take that type of risk. Did he run the previous businesses successfully? You may be right that he wants you as an investor, but I think you should listen to what he says with an open m...
by Raymond
Thu Feb 25, 2021 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Going into business with family
Replies: 113
Views: 5930

Re: Going into business with family

I think your cousin's husband expects to transform your money and his experience into his money and your experience :greedy When he wouldn't tell you what the business would be, I thought of one company that sprung up around the time of the South Sea Bubble: ...a company for carrying out an undertak...
by Raymond
Wed Feb 24, 2021 4:48 pm
Forum: Investing - Theory, News & General
Topic: Contradictions: Snippets of why things happened
Replies: 20
Views: 1455

Re: Contradictions: Snippets of why things happened

...Don't the news folk get tired of making these observations/predictions of what these traders were thinking?... Of course they don't get tired of flapping their gums - that's how they put food on the table. I hear it's a much more agreeable way to make a living than digging ditches. They have no ...
by Raymond
Wed Feb 24, 2021 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Closing on a house and frost damaged shrubs
Replies: 26
Views: 1979

Re: Closing on a house and frost damaged shrubs

123 wrote: Wed Feb 24, 2021 1:39 pm I would only raise that kind of issue this close to closing if you want to get out of the deal.
Agreed.

OP, how much do you want this house?

How hot is the local real estate market?

If the shrubs don't come back, consider it an opportunity to put in plants you want.
by Raymond
Fri Feb 19, 2021 11:49 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4545
Views: 227828

Re: [GameStop GME trading mega-thread]

Aaand...it'sgone wrote: Thu Feb 18, 2021 8:00 pm
Can I at least stay on bogleheads if I rolled my GME profits into VTI and VXUS?
You may stay. All is forgiven :sharebeer
by Raymond
Fri Feb 19, 2021 11:44 am
Forum: Investing - Theory, News & General
Topic: "Stocks Fall, Weighed Down by Tech Losses and Jobless Claims"
Replies: 24
Views: 1671

Re: "Stocks Fall, Weighed Down by Tech Losses and Jobless Claims"

secondopinion wrote: Fri Feb 19, 2021 11:30 am
...If they cannot be honest, why should I ever listen to them?...
(emphasis added)

You answered your own question with the underlined part.

Tune out the noise of the financial porn.
by Raymond
Wed Feb 17, 2021 9:05 pm
Forum: Personal Investments
Topic: Cold feet before dumping 25K into crowdfunding real estate?
Replies: 40
Views: 4540

Re: Cold feet before real estate crowdfunding

I don't think it's so much "violating the Boglehead mantra", but more of, "does this pass the sniff test?" What due diligence have you done? Why aren't the organizers of the deal getting bank loans or other funding sources? What are the fees like, and how liquid is the investment...
by Raymond
Mon Feb 15, 2021 5:24 pm
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 827
Views: 68866

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

I can imagine only 60% more gain over that time period, and that feels like a worst-case scenario. A drop is inconceiveable. 2/10. Lacks subtlety. But do give a point for the Princess Bride reference. First thing that popped into my head: You keep using that word. I do not think it means what you t...
by Raymond
Sun Feb 14, 2021 3:04 pm
Forum: Personal Investments
Topic: 18 to 100 percent annual return fund
Replies: 145
Views: 11936

Re: 18 to 100 percent annual return fund

OP Do you feel you are missing out on once in a lifetime opportunity by trusting the bunch of anonymous internet posters instead of flesh and blood acquaintance of yours? You have to be very honest with yourself and then answer that question. I get the feeling that you are still conflicted. Especia...
by Raymond
Sat Feb 13, 2021 11:30 pm
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 827
Views: 68866

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

alex_686 wrote: Sat Feb 13, 2021 11:09 pm Munder Net Net
There's a blast from the past.

"But this time it's different!"

I think the OP has left the building?
by Raymond
Sat Feb 13, 2021 10:57 pm
Forum: Personal Investments
Topic: 18 to 100 percent annual return fund
Replies: 145
Views: 11936

Re: 18 to 100 percent annual return fund

wrongfunds wrote: Sat Feb 13, 2021 11:01 am desi guys?
I'm not Indian, but yes, if you google "Nanban Enterprise", you will get more specifics.

Looks like the guy is local to me in the DFW area :oops:

OP, I'm glad you decided to pass on this "opportunity."
by Raymond
Thu Feb 11, 2021 10:25 pm
Forum: Personal Investments
Topic: Listing my address for a friend's LLC
Replies: 27
Views: 1475

Re: Listing my address for a friend's LLC

...Thanks for the info. I found out that he also put my address on some of his sister's properties last year in addition to his own properties. I spoke with him today and he is going to take my address off of his sister's LLC annual report and not use my address for his. I'm quite certain, knowing ...
by Raymond
Wed Feb 10, 2021 6:52 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2277
Views: 270633

Re: Post your Financial Milestone Announcements Here

Centralus,
Welcome to Bogleheads, and an outstanding achievement! :sharebeer
by Raymond
Wed Feb 10, 2021 9:11 am
Forum: US Chapters
Topic: Why A Good Boglehead Must Leave The Bogleheads Forum
Replies: 180
Views: 18277

Re: Why A Good Boglehead Must Leave The Bogleheads Forum

All Seasons, the original poster, hasn't logged into the Forum since his post that started this thread early on Tuesday morning, 2/9/21... "Elvis has left the building". I enjoyed the excellent comments here, especially the confessions of the Apple and Tesla heretics :D Has the thread run...
by Raymond
Sun Feb 07, 2021 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: How do you protect your paid off house?
Replies: 41
Views: 4159

Re: How do you protect your paid off house?

Lots of "umbrella policy" advice. Is that different from homeowner's coverage? Does paying-off-the-mortgage typically trigger a change in insurance coverage? ...aside from eliminating the requirement by the mortgage-holder. A couple of years ago I saved about 30% on my homeowner's policy ...
by Raymond
Fri Feb 05, 2021 1:05 am
Forum: Personal Investments
Topic: New doctors
Replies: 13
Views: 1767

Re: New doctors

Read "If You Can" by William J. Bernstein, MD, PhD:

https://www.etf.com/docs/IfYouCan.pdf

Also, "one house, one spouse."
by Raymond
Tue Feb 02, 2021 11:11 pm
Forum: Investing - Theory, News & General
Topic: Best site to compare more than 5 mutual funds?
Replies: 2
Views: 337

Re: Best site to compare more than 5 mutual funds?

Another option at Morningstar is to use their "Fund Compare" tool, which does not require an account:

https://www.morningstar.com/funds/screener-compare
by Raymond
Mon Feb 01, 2021 10:43 am
Forum: Personal Investments
Topic: Mother in Law wants help investing 70K
Replies: 36
Views: 2186

Re: Mother in Law wants help investing 70K

My mother in law asked me to help her invest around $70,000 that they just came into. I have learned not to give unsolicited advice... Hahaha! The first question I was going to ask was "Did she ask for your help?" :sharebeer The Wellesley or Wellington funds would be good, in my opinion, ...
by Raymond
Wed Jan 27, 2021 1:03 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 327
Views: 47295

Re: Why not add a "like" button to Boglehead posts?

Eddiecaps1980 wrote: Thu Jan 21, 2021 9:23 pm
ryuns wrote: Thu Dec 20, 2012 5:58 pm
Xanadu wrote:
pennstater2005 wrote:Please no like button. I'm not 12.
I'm not 12 either.
So no one's 12 then. Good to see so much agreement here. This would be a good use for a like button--everyone could agree that they're not 12.
Really like this comment
+1 :D
by Raymond
Wed Jan 27, 2021 12:58 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4545
Views: 227828

Re: GameStop GME: anyone joining?

As of the market close Tuesday, Cohen’s 13% stake was worth more than $1.3 billion. So over the past two weeks, Cohen’s net worth increased an average of $90 million a day, or nearly $4 million per hour. Cohen couldn’t be reached for comment. But can he buy beer and milk and bread with his "ea...
by Raymond
Sat Jan 23, 2021 5:17 pm
Forum: Personal Investments
Topic: Extra $30,000 to invest, what to buy?
Replies: 6
Views: 822

Re: Extra $30,000 to invest, what to buy?

Do you have any debt (mortgage, auto loans, credit card balances), and if you do, what are the interest rates on those?

Depending on the numbers, it might make more sense to use the $30,000 towards them.
by Raymond
Wed Jan 20, 2021 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Investment in Mobile Home Park
Replies: 93
Views: 6739

Re: Investment in Mobile Home Park

David Jay wrote: Wed Jan 20, 2021 3:10 pm
MrNo wrote: Wed Jan 20, 2021 2:49 pmproperty is 2000 miles away.
A 1/3 empty mobile home park 2000 miles away?

NO. Hard stop.
How did the OP even hear of this "opportunity" two thousand miles away? Is the owner related to OP's prospective business partner?
by Raymond
Tue Jan 12, 2021 10:26 am
Forum: Investing - Theory, News & General
Topic: How much money does a 30 year old need to retire?
Replies: 60
Views: 6349

Re: How much money does a 30 year old need to retire?

I think the OP has abandoned this thread, and is now asking a similar open-ended question on buying a house with an unspecified amount of cash and zero income:

viewtopic.php?f=1&t=335751&p=5722256#p5722256

Time to close this thread?
by Raymond
Mon Jan 11, 2021 3:09 pm
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 223
Views: 15662

Re: 2021 Hedge Fund Contest

Fund Name: Hudson Road Associates

Long:

PAVMED, Inc. (PAVM)
CVB Financial Corp. (CVBF)

Short:

PDL Biopharma, Inc. (PDLI)
Tennant Co. (TNC)

Fund name randomly generated by http://www.hedgefundnamegenerator.com/
Stocks randomly chosen using https://www.random.org/
by Raymond
Mon Jan 11, 2021 2:16 pm
Forum: Personal Consumer Issues
Topic: Speed Queen Washer & Dryer
Replies: 24
Views: 2055

Re: Speed Queen Washer & Dryer

... The key is the less complex they are, the less there is to break or go wrong. +1 My wife and I really like our Speed Queen washer, but as mentioned by lthenderson, it is likely that any basic model by a reputable manufacturer would have done as well. However, the Speed Queen dryer we bought at ...
by Raymond
Sun Jan 10, 2021 10:24 pm
Forum: Personal Consumer Issues
Topic: Purchasing an overpriced vintage item
Replies: 26
Views: 2198

Re: Purchasing an overpriced vintage item

I know I'll love it since I've been considering the purchase for three years, ... You've wasted a lot of time longing for something you ultimately want to own. I've easily wasted $700 over the last 3 years that hasn't given me anywhere close to the joy you describe. Buy it and begin to feel the joy...
by Raymond
Sat Jan 09, 2021 12:59 pm
Forum: Investing - Theory, News & General
Topic: How much money does a 30 year old need to retire?
Replies: 60
Views: 6349

Re: How much money does a 30 year old need to retire?

If he wants to live in a major US city and not have to live like a hermit. Just so we’re on the same page, does your “retire” actually mean never have a penny of earned income ever again? My FI goal is 50x annual expense at 35 year old. I never think of retire completely. I’ll have options to do wh...
by Raymond
Sat Jan 02, 2021 1:26 pm
Forum: Investing - Theory, News & General
Topic: Official Registration For The 2021 Boglehead Contest
Replies: 638
Views: 15545

Re: Official Registration For The 2021 Boglehead Contest

2186 - randomly generated using https://www.random.org/ with a range of 1500 to 5000.
by Raymond
Sun Dec 27, 2020 12:50 pm
Forum: Personal Consumer Issues
Topic: Used car buying (quick question)
Replies: 30
Views: 2532

Re: Used car buying (quick question)

As mentioned by several people, the denovo method does not work for used cars, because each used car is different, and not a commodity item like brand-new cars. Also, the title of denovo's thread is "My New Car Buying Tips" :happy : https://www.bogleheads.org/forum/viewtopic.php?t=124638
by Raymond
Fri Dec 25, 2020 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Are these good enough reasons to change jobs?
Replies: 51
Views: 4140

Re: Are these good enough reasons to change jobs?

I also vote for "stay." Every time you have to deal with the petty egotistical supervisors, just mentally overlay the image of Dilbert's pointy-haired boss on their faces, with "blah-blah, blah-blah" coming out of their pie holes. How far are they from retirement themselves? Mayb...
by Raymond
Fri Dec 25, 2020 12:33 am
Forum: Investing - Theory, News & General
Topic: Goldman Sachs is coming to the everyday people
Replies: 58
Views: 8096

Re: Goldman Sachs is coming to the everyday people

The carriage trade must not be profitable enough, time to extend the fleecing to the plebs.
by Raymond
Wed Dec 23, 2020 3:49 pm
Forum: Personal Consumer Issues
Topic: Shade Tree Auto mechanics: couple questions....
Replies: 38
Views: 3083

Re: Shade Tree Auto mechanics: couple questions....

...i dread trying to get rid of two older vehicles. I've heard donating auto to charity is a sure way to get audited. If you want the least hassle in disposing of the older vehicles while getting some cash for them, consider selling them to CarMax, Carvana or a similar company. Of course, you won't...
by Raymond
Wed Dec 23, 2020 3:13 pm
Forum: Personal Investments
Topic: Annuities
Replies: 35
Views: 2297

Re: Annuities

...At this point, I’m pondering how to simply say I’m just not interested. You: "No thanks, not interested." In-law: "But this annuity provides fantastic..." You: "No thanks, not interested." In-law: "You are making a grave error by passing this opportunity up...&...
by Raymond
Wed Dec 23, 2020 2:51 pm
Forum: Personal Consumer Issues
Topic: Found employee ID/Access badge from former employer 1 year later
Replies: 28
Views: 2400

Re: Found employee ID/Access badge from former employer 1 year later

When I shipped my computer back to my former employer, I thought I had put the badge in there as well. Apparently not as I just found it. I was about to just mail it to them, the badge itself says "postage guaranteed" if dropped in any mailbox. However, I started thinking about it and I a...
by Raymond
Wed Dec 23, 2020 2:44 pm
Forum: Personal Consumer Issues
Topic: Where do you store gold?
Replies: 118
Views: 8081

Re: Where do you store gold?

If the OP decides they don't want to keep the gold jewelry (if that's the form the gold is in), and doesn't care if it gets melted down, then Midwest Refineries has a very good reputation (I do not have personal experience with them):

https://www.midwestrefineries.com/