Search found 809 matches

by BogleMelon
Thu Dec 14, 2017 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Where to save cash over 5 years.
Replies: 34
Views: 2603

Re: Where to save cash over 5 years.

I just looked, and the i bond rate shows as 2.58% Want to make sure I'm reading/understanding correctly. If someone buys i bonds today, do they get a 2.58% return? As compared to let's say 2.40% on a 5-year CD, or 1.5% on a savings account? On that note, I hear that i-bonds and Roth IRA are good pl...
by BogleMelon
Thu Dec 14, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions on where to put some extra cash
Replies: 4
Views: 424

Re: Suggestions on where to put some extra cash

Company stocks are too risky. You should seriously considering selling these. Instead buy Total Stock fund, these stocks will be there anyways. I am not a fan of gold either, unless it is a jewelry that a lady is wearing. Do you have 401K or similar plan with your employer? If so you may consider st...
by BogleMelon
Thu Dec 14, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 177
Views: 4317

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

Whiteprius, please answer this, have you read any of the suggested books? If not, do you intend one day to read any of these kind of books? Or you are not interested?
by BogleMelon
Thu Dec 14, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 177
Views: 4317

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

whiteprius wrote:
Thu Dec 14, 2017 1:18 pm


Good point. Good news for me is SPY is down a lot right now (down 0.5), from where I sold last night. Phew!
And you were so sure that it would be higher today. How many other predication you have it wrong? :oops:
by BogleMelon
Thu Dec 14, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 177
Views: 4317

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

OP, in case you didn't notice, most of us here are a bunch of "boring" investors who believe in: - Long term investing - Staying the course - Own the whole market through low ER index fund - Investing shouldn't be excited if you want to win the game and we don't believe in (unless for fun by small a...
by BogleMelon
Thu Dec 14, 2017 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 177
Views: 4317

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

This is true. The problem is I was a math major so can prove why one should avoid casinos, but this S&P bet seemed certain to have a positive expected value and there's no math to prove why it was a bad bet. (1) I was a math major too, and I got a PhD in astrophysics. Lots of people here are good a...
by BogleMelon
Wed Dec 13, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 29
Views: 2684

Re: Vanguard will use blockchain to share index data

Cryptocurrencies are valuable a) as a medium of exchange that b) does not depend on trust in a central authority. However, the only 2 ways to acquire these currencies are: 1- Buying it from a seller using a fiat currency "which depends on a central authority" 2- Mining it yourself, but then you wou...
by BogleMelon
Wed Dec 13, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 115
Views: 10941

Re: What to do after losing $117k in stock market?

Path 1: ... This will alleviate a lot of stress in my life but I will feel more depressed because I know I won't be able to win back some of my losses. Investing does bring me joy and excitement. Life will be boring. Take this path and yes you will win. That 4.8% you are paying annually is a compou...
by BogleMelon
Tue Dec 12, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have enough insurance?
Replies: 7
Views: 281

Re: Do I have enough insurance?

So right now you would leave here with $750K. Assume she does a 4% withdrawl the first year then adjusts for inflation (like a standard retirement calc) such that the money should last her at least 30 years - this would be 750*0.04 = $30K a year. Since your current expenses are $42K she would only ...
by BogleMelon
Tue Dec 12, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have enough insurance?
Replies: 7
Views: 281

Re: Do I have enough insurance?

djpeteski wrote:
Tue Dec 12, 2017 3:17 pm
I think we need your and her income for the best answer. I think you are okay on liability. Also I am assume you mean 45K in retirement accounts?
My income $88K, DW income: $21K
Yes $45K
Thanks
by BogleMelon
Tue Dec 12, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have enough insurance?
Replies: 7
Views: 281

Re: Do I have enough insurance?

DaftInvestor wrote:
Tue Dec 12, 2017 3:09 pm

if your spouse isn't far behind and can cover expenses if something should happen to you then you may not need any Life-Insurance.
Currently she is not. May be soon she will.. but even then, I don't want her to worry about staying in the rat race forever, had I gone!
by BogleMelon
Tue Dec 12, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have enough insurance?
Replies: 7
Views: 281

Do I have enough insurance?

Family of 2 with no kids - 38 & 40 years - Renter (no house ownership) - I am the main earner... My income $88K, DW income: $21K Assets: $50K in cash - $45K in retirement accounts (Mostly Roth IRA- Protected from debtors according to my state laws) Expenses is around $42000 per year Current policies...
by BogleMelon
Tue Dec 12, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: Cricket Wireless: What are the gotchas?
Replies: 38
Views: 2053

Re: Cricket Wireless: What are the gotchas?

I have been a customer for Cricket for less than a month. The big gotcha for us was the very bad network! I returned back to Verizon prepaid before even the month end. I also tried Pageplus, Republic Wireless, Ting. Ting was the best in terms of coverage and customer service, but expensive to those ...
by BogleMelon
Fri Dec 08, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: Anyone try YourMechanic ?
Replies: 38
Views: 5483

Re: Anyone try YourMechanic ?

Where I live, most of the mechanic would never give you a quote over the phone!! Making shopping for a reasonable price is difficult, given that they work Mon-Fri 8-5. I won't take a day off to shop for a mechanic, let alone another day to get my car fixed. I am currently considering YourMechanic, b...
by BogleMelon
Fri Dec 08, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3448

Please suggest a dry hands product

Since I am asking an advice about an over-the shelf product, I hope the thread doesn't considered as "seeking medical advice" and gets locked out During the winter my hands becomes so dry so that it bleeds if not hydrated by something. I currently use O'Keeffe's Working Hands, and sometimes I use Va...
by BogleMelon
Fri Dec 08, 2017 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 65
Views: 4024

Re: Does a Boglehead ever time the market?

So it seems to me that Mr Bogle is advocating that it is unwise to invest in overpriced markets, How did you know that it is overpriced? Because if you know that it is overpriced, then everyone else would know it too (including wall street gurus). And if everyone else knowing it is overpriced, then...
by BogleMelon
Fri Dec 08, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5408

Re: What do Bogleheads say when they don't want to spend money?

I tried before the "Explanation" route with my friends. For example, a friend was trying to convince me to give a nearby buffet a chance. It is close to my work, thus he suggestion was for my lunch to go by myself sometimes. I tried to explain to him that it doesn't worth it to spend $12 on a meal a...
by BogleMelon
Thu Dec 07, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: Simplisafe or ADT
Replies: 11
Views: 1201

Re: Simplisafe or ADT

SimpliSafe amazon reviews according to Fakespot!!
https://www.fakespot.com/product/simpli ... us-package
by BogleMelon
Thu Dec 07, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4207

Re: When Bitcoin blows-up

The same investment you are currently in (hopefully it is anything but cryptocurrency!). If you are in your accumulation phase, stay accumulating by buying cheaper assets (assuming the blow up of bitcoin would negatively affect other assets). If you are in your retirement, then rebalance your portfo...
by BogleMelon
Thu Dec 07, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Rebalancing for a loss??
Replies: 10
Views: 781

Re: Rebalancing for a loss??

Example: If all of my TSP funds are down 10% and I rebalance my entire account, aren't those 10% losses locked in because TSP will sale my shares in order to rebalance? Now that I learned what TSP is. It is just an account and the funds in that account could be anything. It could be bonds, it could...
by BogleMelon
Thu Dec 07, 2017 9:32 am
Forum: Investing - Theory, News & General
Topic: Rebalancing for a loss??
Replies: 10
Views: 781

Re: Rebalancing for a loss??

Over 780 posts here and I don't know what TSP stands for! Excuse my ignorance! :oops: But to rebalance it means you sell that asset class that went up and became more than your original desired asset allocation percentage, to buy that other asset class that went down. It is locking your gains actual...
by BogleMelon
Wed Dec 06, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency marketplace hacked, pilfered for +- 60 million
Replies: 10
Views: 1933

Re: Cryptocurrency marketplace hacked, pilfered for +- 60 million

So people who have money in this wallet lost it forever? :oops:
by BogleMelon
Wed Dec 06, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Deluxe Online for 2017
Replies: 12
Views: 1679

Re: TurboTax Deluxe Online for 2017

My strategy:
Use turbo tax to calculate taxes, comparing it to my own spreadsheet and making sure that everything was counted for, then file with Taxact! :D
by BogleMelon
Wed Dec 06, 2017 8:32 pm
Forum: Investing - Theory, News & General
Topic: Does it look like a bubble to you?
Replies: 42
Views: 3587

Re: Does it look like a bubble to you?

CULater wrote:
Wed Dec 06, 2017 8:09 pm
Anyone want to join me?
No thanks. I am staying the course.
by BogleMelon
Wed Dec 06, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Will I make it? (Another "evaluate my financials" post..)
Replies: 19
Views: 1422

Re: Will I make it? (Another "evaluate my financials" post..)

This is 18K to 24K of your money over the next 5 years = 90K to 120K of your money. It is a significant amount of your money. IMHO, this is a big mistake no matter whether you choose to buy a house in 5 years. KlangFool Interesting thought, but I crunched some numbers.. Saving $18K/yr in a 1.25% sa...
by BogleMelon
Wed Dec 06, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Will I make it? (Another "evaluate my financials" post..)
Replies: 19
Views: 1422

Re: Will I make it? (Another "evaluate my financials" post..)

BogleMelon, You might be aiming for a house that you could never afford to buy. KlangFool I know. The numbers is in your inbox. We had this discussion before. But currently I need some insight from the people in here about my retirement saving rate, and how good/bad it is. If it happened that my re...
by BogleMelon
Wed Dec 06, 2017 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Will I make it? (Another "evaluate my financials" post..)
Replies: 19
Views: 1422

Re: Will I make it? (Another "evaluate my financials" post..)

How can I define: "I have reached the jump start, and OK to save for a house"?! Saving for retirement as a goal, seems like never gets enough! The more I increase my saving rate, the more I feel I should be saving more!! And believe me, buying a home is not about "American dream", it is about, to g...
by BogleMelon
Wed Dec 06, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Will I make it? (Another "evaluate my financials" post..)
Replies: 19
Views: 1422

Re: Will I make it? (Another "evaluate my financials" post..)

I paid the tax to roll over from traditional 401K to Roth IRA I will still be in the 15% bracket for the next year given the above numbers.. Yes my wife has a 401K, we using it, we don't use mine cause hers is slightly better. About 34% of her gross income goes there actually :D Makes sense. Even i...
by BogleMelon
Wed Dec 06, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Will I make it? (Another "evaluate my financials" post..)
Replies: 19
Views: 1422

Re: Will I make it? (Another "evaluate my financials" post..)

Deferring pre-tax $18k into your 401k would likely get you down to closer to staying in the 15% tax bracket. You would pay tax down the road and save 25% now. Did you do Roth 401k and then roll that to your Roth or did you pay the tax when you rolled it over? Does your wife have a 401k type plan wh...
by BogleMelon
Wed Dec 06, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Will I make it? (Another "evaluate my financials" post..)
Replies: 19
Views: 1422

Re: Will I make it? (Another "evaluate my financials" post..)

chartcab3785 wrote:
Wed Dec 06, 2017 1:51 pm
401K's (no matching): $3K
Is there a typo?
No, I rolled over my previous company 401K to my Roth. I just started 3 years ago! Before that my net worth was close to $0!
by BogleMelon
Wed Dec 06, 2017 1:42 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 181
Views: 10556

Re: Do people still use AAA?

Yes, I have AAA 100 miles service. The peace of mind is costly, but sometimes it worth it.
by BogleMelon
Wed Dec 06, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Will I make it? (Another "evaluate my financials" post..)
Replies: 19
Views: 1422

Will I make it? (Another "evaluate my financials" post..)

I have posted before my financial situation to get a criticism/evaluation. Since 2018 is almost here, I would like to post again and get your opinions on whether I am saving enough for retirement or not. I am a renter, 15% tax bracket after contributing to the 401K. Family of 2, no kids, 38 and 40 y...
by BogleMelon
Wed Dec 06, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 186
Views: 17010

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

BogleMelon wrote:
Wed Dec 06, 2017 10:31 am

The problem with all the people who try to explain Bitcoins, is that they use analogy too much
ensign_lee wrote:
Wed Dec 06, 2017 10:36 am
For instance, let's say you're ...
Here we go! Another analogy :D :D
Just kidding :beer
by BogleMelon
Wed Dec 06, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 186
Views: 17010

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

ensign_lee wrote:
Wed Dec 06, 2017 10:36 am
For instance, let's say you're ...
Here we go! Another analogy :D :D
Just kidding :beer
by BogleMelon
Wed Dec 06, 2017 10:31 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 186
Views: 17010

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

For anyone who is curious about what bitcoin is, I found this video by Andreas pretty easy to understand: https://www.youtube.com/watch?v=l1si5ZWLgy0&list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj The problem with all the people who try to explain Bitcoins, is that they use analogy too much: "Think of blo...
by BogleMelon
Wed Dec 06, 2017 10:19 am
Forum: Investing - Theory, News & General
Topic: Creatures of Coherence: Why We're So Obsessed With Causation
Replies: 3
Views: 319

Creatures of Coherence: Why We're So Obsessed With Causation

Bogle's, This is a more scientific article than a financial one. However, finance is not separated far away from science and human behavior.. I share the below article because I believe it is an important one for those who are following closely the financial news, and make personal financial and inv...
by BogleMelon
Wed Dec 06, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Bitcoin & It’s Risks
Replies: 57
Views: 4819

Re: Larry Swedroe: Bitcoin & It’s Risks

As someone who speaks English as a second language, I always appreciate writers such as Swedroe who writes in an easy way, using simple phrases, plain English and bullet points..etc. Thanks for sharing the article. It was a good read.
by BogleMelon
Tue Dec 05, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: Any reason not to rollover 403b to IRA?
Replies: 6
Views: 805

Re: Any reason not to rollover 403b to IRA?

Depends on your state, IRA could be unprotected from liability/creditors.
by BogleMelon
Mon Dec 04, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: How does non-US BH invest?
Replies: 9
Views: 719

Re: How does non-US BH invest?

I mean the emerging market. I am from one of these countries! People do not invest. Investing is only limited to those how have a broker (AKA salesman). No index funds there, though there is an index that track the top 100 companies of that country's stock market. Very few banks have mutual funds, ...
by BogleMelon
Mon Dec 04, 2017 3:53 pm
Forum: Personal Consumer Issues
Topic: Should I consider a travel Credit Card?
Replies: 30
Views: 2129

Re: Should I consider a travel Credit Card?

Should I start considering a travel credit card instead of the 2% cash back one? And if so, which one would at least break-even if I replaced my card for it? I would not travel with only 1 credit card. I was traveling when I started getting bogus charges on my card. The credit card company insisted...
by BogleMelon
Sun Dec 03, 2017 9:22 pm
Forum: Personal Consumer Issues
Topic: Google Pixel 2 Verizon, Insurance Question
Replies: 7
Views: 546

Re: Google Pixel 2 Verizon, Insurance Question

Op, I always take "carriers phones deals" with a grain of salt. If you switched to Verizon prepaid with a fully paid device, how much would this cost comparing to the current deal?
And yes, you were right declining the insurance.
by BogleMelon
Sun Dec 03, 2017 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Isn't there a way to...
Replies: 4
Views: 798

Re: Isn't there a way to...

There is IRA, Roth IRA and 401K. Every one of these accounts have different rules in terms of withdrawals. So which one you are asking about? Since you mentioned "Employer's match" then it must be a 401K. If this is the case, then there are few exceptions that your friend could be using to withdraw ...
by BogleMelon
Sun Dec 03, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5150

Re: How do I convince my employees to invest more?

There are investors.. and there are consumers.. Because of the second group, the first group is able to secure their retirement!
by BogleMelon
Sat Dec 02, 2017 10:04 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin - How it works for the layman
Replies: 30
Views: 2837

Re: Bitcoin - How it works for the layman

Well, if it’s the case that society as a whole agrees that Bitcoin has value, then Bitcoin has value
The same society agreed before that Tulip has value!
https://en.wikipedia.org/wiki/Tulip_mania
by BogleMelon
Sat Dec 02, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6824

Re: Vanguard customer service reps need some training

Mr.BB wrote:
Sat Dec 02, 2017 7:53 am
I'm not going to fix Vanguard's mistake, they can fix it themselves.
Mr. BB, what would be the difference between wasting your time again over the phone so that they fix it, vs wasting your time over the web so that their computers can fix it?
by BogleMelon
Sat Dec 02, 2017 8:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6824

Re: Vanguard customer service reps need some training

runner3081 wrote:
Sat Dec 02, 2017 8:26 am
mouses wrote:
Sat Dec 02, 2017 6:50 am
This is why I like to do stuff myself on the web, not over the phone with any company.
I agree.

+1
+2
by BogleMelon
Fri Dec 01, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: I'm 100% international with VEU. Is this wise?
Replies: 57
Views: 3141

Re: I'm 100% international with VEU

Thanks for letting us know. Do you have a question? If so you may try this format:
viewtopic.php?t=6212
by BogleMelon
Fri Dec 01, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Is investing in the stock market just like investing in a house for appreciation?
Replies: 33
Views: 1291

Re: Is investing in the stock market just like investing in a house for appreciation?

Buying a stock, is becoming a partner in a company. Buying the market (through total stock fund) is becoming a partner in the whole US companies (public ones only of course). They make profits? You get dividends. They reinvest the profits to open new branches and buy new machines? You get stock appr...
by BogleMelon
Thu Nov 30, 2017 9:41 pm
Forum: Personal Consumer Issues
Topic: Should I consider a travel Credit Card?
Replies: 30
Views: 2129

Re: Should I consider a travel Credit Card?

Citi Double Cash is a great card for domestic use but not for international use as foreign charges are subject to 3% foreign transaction fee. for foreign spending, we use Capital One Quicksilver which gives us 1.5% cash back, no annual fee and no foreign transaction. Thanks for pointing that out. B...