Favorite team:Vanderbilt 
Location:Nashville
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Number of Posts:182
Registered on:6/2/2013
Online Status:Not Online

Recent Posts

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re: Trivia Time: Who has more winless seasons, Vanderbilt or Florida? - blackoutdore
I fully expect Vandy to go winless this year....
Posted on SEC Rant
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re: Describe your favorite sports moment, as boring as possible - blackoutdore
Alabama misses FG and losses a game. [applies to multiple situations]...
Posted on SEC Rant
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re: 80% financial advisors can’t beat the s&p return. How do you find the ones that can? - blackoutdore
Trying to find someone to beat an index consistently is extremely difficult. In large liquid markets like the S&P500, it's basically impossible or rather you'll spend so much time/energy looking for the person when you can just do a passive index strategy and be just fine. In less liquid markets...
Posted on Money Talk
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re: Should I refinance student loans prior to buying a new house? - blackoutdore
When the refi lenders pull your credit history/score to finalize your offer rate, your credit score will take on a new inquiry and be pinged. The drop is only a few points, and probably won't matter. I think the affect disappears after 12 or 24 months. I could see a lender being curious as to w...
Posted on Money Talk
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re: What's the best noise canceling wireless headset out there? - blackoutdore
The AirPod pros are pretty money and especially handy if you have an iPhone that you use constantly for music and / or phone calls....
Posted on Tech Board
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Wireless HDMI for Xbox - blackoutdore
I keep my xbox in my office so I can game directly on my monitor while playing first-person shooters. Keeps the wife happy that way as she can watch whatever on the big TV. I am considering using a wireless HDMI transmitter to connect the xbox to the big TV to play social games - things like gol...
Posted on Tech Board
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re: Changing Careers/Industries and the Dreaded Pay Cut - any advice? - blackoutdore
a 66% reduction is pretty tough to swallow. That being said, if you think it will make you happier and you can still live, then do it. You worked hard and saved some money for the ability to do what you want - don't be afraid to use it now that the opportunity has arrived....
Posted on Money Talk
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re: House Buying Timeline - blackoutdore
Actually moved to Charleston last year after living in Nashville for nearly 11 years. Nashville is great an could see us moving back there at some point, but that market is insane. ...
Posted on Money Talk
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re: House Buying Timeline - blackoutdore
Wife is a w-2 at two different practices. She is paid on % of production at one, and will start the other [starting late May] as a per-diem before switching to % of porduction. Do you think there will be any issues there? Have the banks you worked with required you bank with them? We've been r...
Posted on Money Talk
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House Buying Timeline - blackoutdore
We extended our lease another year to build some additional cash, but plan to buy and move into a house by June 1, 2021. Any recommendations on a timeline of going about the process? I am already doing some research on budget and financing options, and providing some guesstimate ranges for her t...
Posted on Money Talk
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re: Can we have a “Leveraged ETF’s: explained” thread? - blackoutdore
Pulled S&P500 daily data from 1/3/1978 forward. Applied all the maths and considered if you invested $100 on any given day what the value would grow to for 1x, 2x, and 3x levered fund. $100 invest in 1978 would now be worth $3,104.27 in 1x, $24,650.67 in 2x, and $46,159.79 in 3x. Over the past 2...
Posted on Money Talk
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re: Can we have a “Leveraged ETF’s: explained” thread? - blackoutdore
The S&P500 has probably had more "up" days, but I would have to research to confirm. I think it would be interesting to do a daily analysis of the S&P 500, apply the leveraged returns, and compare the results to the underlying index to determine the long-term impact of leveraged funds. Sounds li...
Posted on Money Talk
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re: Can we have a “Leveraged ETF’s: explained” thread? - blackoutdore
These leverage ETFs try to put a multiple on daily returns. Depending on the daily sequence of returns, even if the underlier is up, the leveraged fund can be down. This unpredictability makes them unattractive for the vast majority of investors- not only do you have to gauge whether something is go...
Posted on Money Talk
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re: Should companies or gov limit buybacks in the future - blackoutdore
I have neverly fully understood this argument. Let's suppose I run a company with 100 shares, the company produces $500 in profit [after-tax, free cash flow or however you want to term it] per year and will grow at 2% for perpetuity. In addition, my company has $1,000 in cash sitting in the bank. Ev...
Posted on Money Talk
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re: Lot of shorts at 2600 level - blackoutdore
Can you explain this in a bit more detail? I do not trade as I just graduated and need to build up some cash savings before I can; however, I am following the markets closely to build up my knowledge so that I can when my finances allow for it. As I *think* I understand it, everyone who bought...
Posted on Money Talk
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re: Question regarding credit card refunds... - blackoutdore
Correct. If you have a negative balance (i.e. they owe you) after the credit, then you can request a check. Alternatively, you can use your card as normal and the credit will be reduced as you incur expenses. If you still have a positive balance after the refund, then no dice and you pay your s...
Posted on Money Talk
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re: Save Money / Invest / Pay off Student Loans? - blackoutdore
[link=(https://www.google.com/amp/s/www.forbes.com/sites/zackfriedman/2020/04/02/federal-student-aid-student-loans-coronavirus/amp/)]LINK[/link] Info on the loan stuff. Many of the servicers haven’t corrected their systems to reflect this change, so you may still see interest on your statement bu...
Posted on Money Talk
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re: Save Money / Invest / Pay off Student Loans? - blackoutdore
My above post was in reference to absolutely not throw any money towards your student loans from an economic/math perspective. So not only will have $55k from your nest egg, each month will you save $X that were previously dedicated to your student loans. My Steps moving forward: 1. Keep sever...
Posted on Money Talk
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re: Save Money / Invest / Pay off Student Loans? - blackoutdore
Federal student loans are 0% interest right now and all required payments are suspended until September (both effective March 13). The payments are automatically suspended so it shouldn't be pulled from your bank accounts anymore, and if one does happen from March to September, you can (and should)...
Posted on Money Talk
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re: Could someone explain this ETF - blackoutdore
The issue with a lot of leveraged funds is that they try to get a multiple of the daily return, not the yearly return. In this case, its 3x crude oil, so if crude oil goes up 10% one day, you would see a 30% gain. Conversely, if crude oil goes down 33.3% one day - you lost all your money. Scenar...
Posted on Money Talk
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