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Re: Dividend Strategy Ain't For Everyone

I'll try to allay some concerns as a dividend investor. There are many different kinds of dividend strategies, some of which I strongly disagree with. However, one idea, which I profess to, is to own a basketful of stocks (around 15-20) and hold for the long-term. That means that your dividends, if ...
by cheesepep
Fri Aug 01, 2014 8:01 pm
 
Forum: Investing - Theory, News & General
Topic: Dividend Strategy Ain't For Everyone
Replies: 30
Views: 1421

Re: Any engineers? Studying for Civil-Structural PE

I passed the EE PE on my first time. I didn't attend any classes. I got the PDF which have the overview of the test and bought the official EE book. I then made semi-sloppy notes of every chapter according to the PDF of importance, then I hired a college person to rewrite all of my notes for $100 or...
by cheesepep
Wed Jul 30, 2014 8:06 am
 
Forum: Personal Consumer Issues
Topic: Any engineers? Studying for Civil-Structural PE
Replies: 15
Views: 1039

Re: Do any boggleheads invest in individual companies?

And it has done well for me; I have beat the market average 7 or 8 times out of ten for the last 4 or so years. We are in a strong bull market for the last 5 year, so if you buy&hold individual stocks, yes you can beat the market. The issue is, what will happen when the correction happens? I wi...
by cheesepep
Tue Jul 29, 2014 9:41 pm
 
Forum: Investing - Theory, News & General
Topic: Do any boggleheads invest in individual companies?
Replies: 95
Views: 5380

Re: Do any boggleheads invest in individual companies?

A handful is significant uncompensated risk, but the function is an asymptote. 50 is more diversification that 15, but little more. At infinity the ratio of std deviation of portfolio of stocks (which have strictly uncorrelated idiosyncratic risk) is 39% as much as 1 stock. At 50 it's 41%, at 15 it...
by cheesepep
Tue Jul 29, 2014 6:10 am
 
Forum: Investing - Theory, News & General
Topic: Do any boggleheads invest in individual companies?
Replies: 95
Views: 5380

Re: Do any boggleheads invest in individual companies?

I have beat the market average 7 or 8 times out of ten for the last 4 or so years. Not trying to flame you, but I can't make heads nor tails of that statement. :| Sorry for not explaining it well. I check my portfolio via Yahoo finance every day. On a daily basis, Yahoo will say your portfolio is u...
by cheesepep
Tue Jul 29, 2014 6:06 am
 
Forum: Investing - Theory, News & General
Topic: Do any boggleheads invest in individual companies?
Replies: 95
Views: 5380

Re: negotiating fees with a real estate agent?

I have. I told a real estate agent I wanted to sell a house. She said six percent. I said four. She remained firm at six. Then I said how about if I give you two houses to sell and can I get four percent? She said yes, and I have her two houses to sell. I never told her two in the beginning. That wa...
by cheesepep
Tue Jul 29, 2014 4:30 am
 
Forum: Personal Finance (Not Investing)
Topic: negotiating fees with a real estate agent?
Replies: 14
Views: 1960

Re: Do any boggleheads invest in individual companies?

100% of my portfolio is in 20 individual stocks. I buy and hold, never sell (almost). I haven't sold a single stock in 1.5 years or more. I just keep buying when the price is right and collect the dividends. And it has done well for me; I have beat the market average 7 or 8 times out of ten for the ...
by cheesepep
Mon Jul 28, 2014 7:28 pm
 
Forum: Investing - Theory, News & General
Topic: Do any boggleheads invest in individual companies?
Replies: 95
Views: 5380

Re: is it normal to have more in your taxable accounts

For me, I have more than 10x the amount in my taxable vs my non-taxable accounts. Why? As my income grew, I did not qualify for the Roth IRA accounts and I didn't want to bother with the backdoor Roth. I like to keep things simple. Also, when I eventually became a contractor, I didn't open a solo 40...
by cheesepep
Thu Jun 19, 2014 10:14 pm
 
Forum: Investing - Theory, News & General
Topic: is it normal to have more in your taxable accounts
Replies: 25
Views: 1706

Re: Buying a new mattress and bedding

You can do what I did. I walked into an IKEA store, picked the cheapest bed frame that they had and picked the cheapest foam mattress that they had (after sitting on it for 5 seconds), and walked out a happy customer. 10 mins tops including ordering.
by cheesepep
Mon Jun 16, 2014 2:58 am
 
Forum: Personal Consumer Issues
Topic: Buying a new mattress and bedding
Replies: 36
Views: 2752

Re: What Do You Eat For Snacks?

You guys are weird. I eat a bowl of instant Indonesian ramen. It is the one with the separate sweet soy sauce, oil, and seasoning packets. Yummy!

Sometimes I eat a bowl of black sesame cereal.
by cheesepep
Sat Jun 14, 2014 5:41 am
 
Forum: Personal Consumer Issues
Topic: What Do You Eat For Snacks?
Replies: 103
Views: 6293

Theoretical investing question

This isn't me, but I wonder if this was feasible: Assuming someone who has no ordinary income (no W-2 income, no 1099 income) whose only source of income comes from long-term or short-term capital gains and qualified dividends. Also assume that through this method, this person can make $100,000 per ...
by cheesepep
Mon Jun 02, 2014 4:03 am
 
Forum: Investing - Help with Personal Investments
Topic: Theoretical investing question
Replies: 5
Views: 373

GoPro IPO

GoPro, the maker of small cameras for enthusiasts, will have an IPO soon. Here is their S1 filing . Any thoughts? The prospects look good to me, and since I'm an individual stocks kind of guy (though not an IPO type of guy), I am going to buy some. Will it be long term? I am not sure. To me, in comp...
by cheesepep
Fri May 23, 2014 3:56 am
 
Forum: Investing - Theory, News & General
Topic: GoPro IPO
Replies: 29
Views: 2665

Re: New PC - Buy Office or use free alternatives

I only use google docs for minor file sharing with my siblings. Nothing too personal.

I use iWork with my Mac, but not the online version.
by cheesepep
Wed May 21, 2014 8:06 am
 
Forum: Personal Consumer Issues
Topic: New PC - Buy Office or use free alternatives
Replies: 29
Views: 2052

Re: excel or Numbers spreadsheet for medical

I like Numbers. Try to find a free spreadsheet to use online. Even if it is in Excel, it may convert into Numbers. If not, it should be relatively trivial to make your own.
by cheesepep
Wed May 14, 2014 12:01 am
 
Forum: Personal Consumer Issues
Topic: excel or Numbers spreadsheet for medical
Replies: 10
Views: 743

Re: "Retiring" early

He is kind of wondering if this is a smart move by "retiring" so early. He likes his current life right now. I'll tell him about this place.
by cheesepep
Sun May 04, 2014 11:07 am
 
Forum: Personal Finance (Not Investing)
Topic: "Retiring" early
Replies: 18
Views: 3176

"Retiring" early

I know a person who is in his early 30s, single, and currently rents. He recently quit his low 6-figure job, which he has worked for a number of years. Through investments, an inheritance, and savings, he has about a $2,000,000 portfolio, of which about $1,200,000 is in dividend paying stocks, and t...
by cheesepep
Sun May 04, 2014 10:51 am
 
Forum: Personal Finance (Not Investing)
Topic: "Retiring" early
Replies: 18
Views: 3176

Re: Online Wills

Generally speaking, an online will is OK if you don't have many assets. A trust is better if you want to have some say after you die. An online trust is also ok. A lawyer is best if you have more than a few assets.
by cheesepep
Sun Mar 16, 2014 11:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Online Wills
Replies: 27
Views: 2619

Re: Tipping for take out

I have never ordered take-out from a sit-down restaurant before, but if I did, I wouldn't tip.

In sit-down restaurants, I always sit-down and eat. If I want takeout, I go to typical take-out places (McDonald's, etc).
by cheesepep
Fri Mar 07, 2014 3:25 am
 
Forum: Personal Finance (Not Investing)
Topic: Tipping for take out
Replies: 57
Views: 5300

Re: Will this affect your Tipping?

As for me, I hate waiters bugging me with questions, such as: "Do you want more water/coffee/tea?" ; "How is your meal?" ; "How about dessert?" If I wanted something, I would tell you. I don't want to be pestered and want to be left ALONE when I eat. Take my order, and ...
by cheesepep
Thu Mar 06, 2014 10:53 pm
 
Forum: Personal Consumer Issues
Topic: Will this affect your Tipping? [Suggested Tip Amounts]
Replies: 123
Views: 8865

Re: Form 5471 and Turbotax

I appreciate the concern, but if I was going for the DIY route, can I do this (include 5471 with tax forms prepared using TT and paper file the thing)?
by cheesepep
Wed Feb 12, 2014 7:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Form 5471 and Turbotax
Replies: 7
Views: 655

Form 5471 and Turbotax

I need to fill in Form 5471 and I want to use TurboTax. I know that TT does not allow efiling of form 5471, nor does it support the form. My plan is to manually fill in form 5471 and enter the data into TT ( Form 1040, line 21 (Other Income)). Then, I would print all of the forms and mail the packag...
by cheesepep
Wed Feb 12, 2014 12:32 am
 
Forum: Personal Finance (Not Investing)
Topic: Form 5471 and Turbotax
Replies: 7
Views: 655

Re: Why Own Bonds at All?

I personally do not own any bonds, but I see why some people do - it is for safety in uncertain times.
by cheesepep
Fri Feb 07, 2014 10:58 pm
 
Forum: Investing - Theory, News & General
Topic: Why Own Bonds at All?
Replies: 492
Views: 30527

Re: How much to get your taxes done?

I'm curious, but how long from the time you drop off your paperwork until finish does your CPA take?
by cheesepep
Mon Feb 03, 2014 2:57 am
 
Forum: Personal Finance (Not Investing)
Topic: How much to get your taxes done?
Replies: 31
Views: 3098

Re: Can we/should we afford this house?

This is kind of a no brainer type of deal as shown by several other posters. You obviously have the money, so go buy it. I wonder what is the purpose of posting here? To flaunt your wealth?
by cheesepep
Sat Feb 01, 2014 3:37 am
 
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford this house?
Replies: 63
Views: 4616

Re: Did you have a Lousy Job as a teen / young adult?

Working at a mom and pop style pizza parlor. Making the dough, cutting the cheese, making the sauce, and other stuff was a ton of work. Nothing was automated. Everything used muscle and lots of it. Tending the pizza oven on a hot summer day was torturous. Maintaining 10-12 large pizzas at one time i...
by cheesepep
Tue Jan 21, 2014 12:27 am
 
Forum: Personal Finance (Not Investing)
Topic: Did you have a Lousy Job as a teen / young adult?
Replies: 127
Views: 5352

Re: How much do you spend on books a year?

$0. I haven't actively read any books since 7th grade. I thought reading books was dead; imagine my surprise when Amazon.com came out of nowhere selling books.
by cheesepep
Fri Jan 03, 2014 10:23 am
 
Forum: Personal Consumer Issues
Topic: How much do you spend on books a year?
Replies: 47
Views: 2068

Re: Tipping a taxi driver on a snow day?

I pay the exact fair, rounding off any change to the nearest dollar. Yes, that is what I do, and no, I have never taken a taxi in the US before.
by cheesepep
Wed Dec 18, 2013 12:33 pm
 
Forum: Personal Consumer Issues
Topic: Tipping a taxi driver on a snow day?
Replies: 36
Views: 3042

Re: Splitting costs on beach house

I'm curious, but about how much would it costs to rent such a house?
by cheesepep
Wed Dec 11, 2013 12:42 am
 
Forum: Personal Consumer Issues
Topic: Splitting costs on beach house
Replies: 18
Views: 1751

Re: Chromebook as main computer?

Just as a FYI, because Chromebooks are tied to Google, all of your data belongs to Google (or at least linked to or ads placed or....). That reason along is enough for me to not use Chromebooks. That is one of the reasons why they are so cheap.
by cheesepep
Tue Dec 10, 2013 7:11 am
 
Forum: Personal Consumer Issues
Topic: Chromebook as main computer?
Replies: 73
Views: 6354

Re: Postdoc Position- Worth it for Career as Engineer?

Most postdocs, in my opinion, only do so because they cannot find a real job (90% of the time), or too afraid of leaving the baby nest, which is the university (5%). The other 5% or so actually want to be there.
by cheesepep
Tue Dec 10, 2013 3:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Postdoc Position- Worth it for Career as Engineer?
Replies: 23
Views: 2440

Need lawyer help regarding lease of business property

Tenant B purchased a small business in August 2013 from Tenant A for a fair sum of money (near $100,000). The business is located in a shopping district run by Landlord. The tenancy agreement for Tenant B runs from April 2013-March 2014 (April 2013 is when the old tenancy agreement of Tenant A expir...
by cheesepep
Tue Dec 03, 2013 3:46 am
 
Forum: Personal Finance (Not Investing)
Topic: Need lawyer help regarding lease of business property
Replies: 10
Views: 570

Re: Quick tax question regarding sale of house and stock

Thanks for your reply. Yes, it was the latter, because the house was passed down to us during the housing bubble days. After the passing, we just didn't want to deal with it for a while, and then the housing crashed along with the value of the house. It was never intended as a second residence or an...
by cheesepep
Sun Dec 01, 2013 11:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Quick tax question regarding sale of house and stock
Replies: 13
Views: 523

Re: Quick tax question regarding sale of house and stock

Likewise, a stock passed to me by the same individual had a value of 200,000 at the time of death and was sold this year for 300,000. This is a 100,000 gain. You may have difficulty proving that it was in fact a rental if it was vacant the entire time. Was it listed? Also, I seem to recall that the...
by cheesepep
Sun Dec 01, 2013 11:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Quick tax question regarding sale of house and stock
Replies: 13
Views: 523

Re: Quick tax question regarding sale of house and stock

I want to keep it in its most simplistic form as I said without considering other factors. It seems that the answer is no.

To add more details, the house was vacant throughout those several years and so no income was derived from there.
by cheesepep
Sun Dec 01, 2013 11:26 am
 
Forum: Personal Finance (Not Investing)
Topic: Quick tax question regarding sale of house and stock
Replies: 13
Views: 523

Re: Quick tax question regarding sale of house and stock

I will do so, but as I said, assume no other facts are present ( eg., zero loss carryover, zero commission ). Can the $100000 gain from the stock offset the $100,000 loss from the sale of the stock to essentially have zero income. Again, just want to keep it simple.
by cheesepep
Sun Dec 01, 2013 11:10 am
 
Forum: Personal Finance (Not Investing)
Topic: Quick tax question regarding sale of house and stock
Replies: 13
Views: 523

Re: Quick tax question

Sorry, rental.
by cheesepep
Sun Dec 01, 2013 8:41 am
 
Forum: Personal Finance (Not Investing)
Topic: Quick tax question regarding sale of house and stock
Replies: 13
Views: 523

Quick tax question regarding sale of house and stock

Assume a house was passed to me via death of a parent several years ago. The house was valued at 300,000 at the time of death. The house was sold in 2013 for 200,000. Question one, is this technically considered a 100,000 lost? Likewise, a stock passed to me by the same individual had a value of 200...
by cheesepep
Sun Dec 01, 2013 8:18 am
 
Forum: Personal Finance (Not Investing)
Topic: Quick tax question regarding sale of house and stock
Replies: 13
Views: 523

Re: How do you feel about paperless statements?

With Vanguard, I opt for paperless with the exception of year-end statements and tax documents that I receive on paper for my 'permanent' records. I do this also, but with Sharebuilder (I don't Vanguard (used as a verb)) and my other financial places. I also don't check my statements per say. I jus...
by cheesepep
Mon Nov 18, 2013 4:34 am
 
Forum: Personal Finance (Not Investing)
Topic: How do you feel about paperless statements?
Replies: 101
Views: 5440

Re: How many funds do you have in your portfolio?

20 individual dividend growth stocks in my main portfolio
by cheesepep
Mon Nov 11, 2013 10:29 am
 
Forum: Investing - Theory, News & General
Topic: How many funds do you have in your portfolio?
Replies: 96
Views: 6212

Re: sellers remorse [Individual stocks to index funds]

No sellers remorse here. Individual stocks for life!
by cheesepep
Sat Oct 19, 2013 8:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: sellers remorse [Individual stocks to index funds]
Replies: 22
Views: 2481

Re: Good operating system for my parents

Anyone who recommends a Linux box as a basic computer for parents who don't really know how to use a computer is an idiot. It doesn't matter which distribution that they use. Buy a basic, new Windows 7 box.
by cheesepep
Fri Oct 18, 2013 3:19 am
 
Forum: Personal Consumer Issues
Topic: Good operating system for my parents
Replies: 68
Views: 3322

Re: How much do you spend annually on commissions?

I put $200 because I buy every week or so. I only buy individual stocks (never sell, just buy) and hold for the long-term.
by cheesepep
Thu Oct 03, 2013 11:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: How much do you spend annually on commissions?
Replies: 34
Views: 2190

Re: career in music?

For most people, the job future would go along the lines if "do you want fries with that?" But for her, it seems to be different but I would try to encourage her to other stuff also.
by cheesepep
Fri Sep 27, 2013 11:33 pm
 
Forum: Personal Consumer Issues
Topic: career in music?
Replies: 45
Views: 2683

Re: Advising a Future Engineer

No one is going to hire a high school person for a sumer internship that is engineering related unless the student is really superb and/or has connections. I, as an engineer, suggest he go to programming camp. Learning C or one of its variants is always a good start. edit* Definitely take physics in...
by cheesepep
Thu Sep 26, 2013 7:23 am
 
Forum: Personal Consumer Issues
Topic: Advising a Future Engineer (Updated)
Replies: 42
Views: 2359

Re: Nanny Taxes

I'm glad that I live in a country/city where this stuff is a non-issue.
by cheesepep
Wed Sep 25, 2013 2:28 am
 
Forum: Personal Finance (Not Investing)
Topic: Nanny Taxes
Replies: 11
Views: 923

Re: What is the right time to rebalance?

I never rebalance in the traditional sense. I only own individual stocks so if I feel that I am overweight in a particular sector, I do not sell any stocks within that sector. Instead, I buy other stocks in other sectors so I have less weight in that first sector. But , I also don't have any strict ...
by cheesepep
Tue Sep 17, 2013 8:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: What is the right time to rebalance?
Replies: 14
Views: 1385

Re: I spend 6.1% of my Gross income on rent

I live in one of the most expensive areas in one of the most expensive cities in the world and spend about 10% of my monthly income on rent including utilities.
by cheesepep
Mon Sep 16, 2013 2:44 am
 
Forum: Personal Finance (Not Investing)
Topic: I spend 6.1% of my Gross income on rent
Replies: 62
Views: 5722

Re: Google Contact List creeping towards google + integrati

Google creeps me out sometimes. I only use it for email ( use apple Mail as client so I never see ads) and google maps. I hate out it integrated itself with YouTube considering I had a YouTube account before google bought it and I cannot remember my old password so I am forced to use my google accou...
by cheesepep
Sun Sep 15, 2013 4:41 am
 
Forum: Personal Consumer Issues
Topic: Google Contact List creeping towards google + integration
Replies: 75
Views: 4789

Re: Got fired earlier this week, now the boss wants me back

Sure, I would go for it. I would also be looking for another better job in the meantime and quit right away as soon as I found one.
by cheesepep
Sat Sep 14, 2013 9:10 am
 
Forum: Personal Finance (Not Investing)
Topic: Got fired earlier this week, now the boss wants me back
Replies: 123
Views: 11222

Re: Individual Stocks - Do you own any?

My entire portfolio only consists of individual stocks. 19 or so. I keep it under 20.
by cheesepep
Wed Sep 04, 2013 7:35 am
 
Forum: Investing - Theory, News & General
Topic: Individual Stocks - Do you own any?
Replies: 97
Views: 6799
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