Search found 1365 matches

by GoldenFinch
Mon Dec 18, 2017 7:11 am
Forum: Investing - Theory, News & General
Topic: The Dog Years Of Investing
Replies: 6
Views: 1581

Re: The Dog Years Of Investing

Yes, patience often pays off. That’s one significant factor in wealth building that evades many. Tom Petty had a song about that, “...the waiting is the hardest part...”. Although he probably wasn’t singing about money.
by GoldenFinch
Sat Dec 16, 2017 6:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Holiday thanks to Bogleheads. How have they helped you?
Replies: 33
Views: 2711

Re: Holiday thanks to Bogleheads. How have they helped you?

Our friend across the pond, a tip of the hat to Valuethinker for his global, economic and historical perspectives. I also enjoy reading Valuethinker’s perspectives. I always learn something new. I’ve learned a lot here and am glad I no longer pay high fees to mutual funds and I’m glad I tax loss ha...
by GoldenFinch
Fri Dec 15, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 102
Views: 7804

Re: Call the top! - Bitcoin

^^^A brave new economic world.
by GoldenFinch
Fri Dec 15, 2017 5:53 am
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 1987

Re: Lexus RX 350 - new vs. preowned

We bought an off-lease 2010 RX 350 in 2012 for 34k (17,000 miles). It still looks brand new and drives great even though it’s about eight years old. It’s the best car I’ve ever owned.
by GoldenFinch
Thu Dec 14, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: We had a pretty successful 2017
Replies: 15
Views: 1970

Re: We had a pretty successful 2017

You are on roll! :sharebeer
by GoldenFinch
Tue Dec 12, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 8433

Re: Want to sell my Bitcoin, but when?

queso wrote:
Tue Dec 12, 2017 11:04 am
Update. Since the sale to reclaim my initial outlay on 12/8 my remaining BTC, ETC and LTC have now gained so much that my balance is back where it was on 12/8. :shock:
Kinda like winning the lottery! :moneybag
by GoldenFinch
Sun Dec 10, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8937

Re: "Desidoreta"

Taylor Larimore wrote:
Sun Dec 10, 2017 3:58 pm
lostinjersey:

This is my favorite poem. It has helped me through life. It can do the same for you and your family.

Desidoreta

Best wishes.
Taylor
What a beautiful poem.
by GoldenFinch
Sat Dec 09, 2017 4:56 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 232
Views: 32537

Re: 2017 hedge fund contest

whodidntante wrote:
Sat Dec 09, 2017 3:27 pm
Shareholders apparently don't like responsibly raised burrito meat.
The tide has turned! Apparently Taco Bell is doing well, so maybe people are just fickle.

(Yum stock (Taco Bell) is up 31% so far this year. Chipotle isn’t doing too well.)
by GoldenFinch
Sat Dec 09, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: How to lead a horse to (boglehead) water?
Replies: 10
Views: 802

Re: How to lead a horse to (boglehead) water?

If they’re interested in listening, I would sit down with them and show them an online simple savings calculator. Bankrate has a good one where you can change the investment, how much you contribute or not, the interest rate, and the number of years. For a young person, playing around with this calc...
by GoldenFinch
Fri Dec 08, 2017 8:12 pm
Forum: Personal Consumer Issues
Topic: Sweet Gum Balls
Replies: 36
Views: 2477

Re: Sweet Gum Balls

I must have a mental age of 9. I was excited to read about gumballs.
by GoldenFinch
Fri Dec 08, 2017 8:06 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 102
Views: 7804

Re: Call the top! - Bitcoin

Top - 54,200
Bottom (after the crash) - 5,400
by GoldenFinch
Fri Dec 08, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 8433

Re: Want to sell my Bitcoin, but when?

coalcracker wrote:
Fri Dec 08, 2017 9:10 am
OP UPDATE:

I have completely sold my bitcoin and ethereum in several "lots" over the course of this week (via Coinbase). The end value deposited into my checking account was $25,063 on a $7,000 initial investment, for a 258% ROI since July.
:beer
by GoldenFinch
Fri Dec 08, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 8433

Re: Want to sell my Bitcoin, but when?

Yesterday was a good day.
by GoldenFinch
Thu Dec 07, 2017 6:10 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 190
Views: 18085

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

Bitcoin went to over 14,000 overnight. Does this mean more people are throwing money into bitcoin or it is more valuable for some other reason. I know this is a stupid question, but I want to understand. Bitcoin feels like dot.com stocks to me, with people jumping on the momentum. But I don’t know w...
by GoldenFinch
Thu Dec 07, 2017 5:52 am
Forum: Personal Finance (Not Investing)
Topic: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?
Replies: 47
Views: 4122

Re: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?

From what you’ve written, your friend is a financial mess as a result of a lifetime of bad decisions. He has zero credibility on financial matters. I agree with others who’ve said he is likely a hoarder. Also if your friend is in his 50s and not the one seeking advice, you are likely talking to a w...
by GoldenFinch
Tue Dec 05, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 5685

Re: Mortgage is About To Be Paid - I'm Scared!

People forget...you never actually own your home...and yes...you will always have some sort of debt/payment to be made on a house...its called property tax. Dont believe me...just stop paying it and see how many years you get to keep your house. One of the greatest scams in the history of mankind. ...
by GoldenFinch
Tue Dec 05, 2017 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Fisher Investments
Replies: 14
Views: 1956

Re: Fisher Investments

I’m actually surprised that his ads are effective. I have a negative visceral reaction to him for some reason and always have to change the channel or turn off the TV when he appears, the same way I respond to pharmaceutical ads.
by GoldenFinch
Tue Dec 05, 2017 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 5685

Re: Mortgage is About To Be Paid - I'm Scared!

Sometimes when people realize they don’t have any problems they get nervous because they not know what to worry about anymore. :happy Just enjoy your new freedom and don’t create any new debts.

And congratulations on paying off your mortgage! :sharebeer
by GoldenFinch
Mon Dec 04, 2017 9:45 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 297
Views: 46368

Re: Retreat to cash

Someone I know who went to cash in the summer of 2014 and stayed out waiting for the big crash just went to 100% equities last week.

:confused
by GoldenFinch
Mon Dec 04, 2017 3:14 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 297
Views: 46368

Re: Retreat to cash

ruralavalon wrote:
Tue Nov 22, 2016 10:33 am
In my opinion this is a very bad idea.
It turned out you were right!
by GoldenFinch
Fri Dec 01, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 4M target. Taking money off table. Advice?
Replies: 100
Views: 13734

Re: Reached 4M target. Taking money off table. Advice?

Dottie57 wrote:
Fri Dec 01, 2017 11:41 am
If I were in Your position, I would take money off the table. Maybe a 50/50 allocation. Keep saving and investing.
I agree with Dottie57.

OP you’re life is great. Just keep enjoying doing what your doing knowing your family is financially secure.
by GoldenFinch
Fri Dec 01, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: Win Bigly - Scott Adams
Replies: 26
Views: 3710

Re: Win Bigly - Scott Adams

You'd likely get a YUGER response if you just asked for recs for persuasion books. :P I once read a persuasion book and the only thing that stuck was that if you give a small gift (even a bottle of water) to someone, they'll feel obligated to do something in return. That puts the pressure on them t...
by GoldenFinch
Fri Dec 01, 2017 3:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1118897

Re: U.S. stocks in freefall

^^Thank you! I understand now. :happy
by GoldenFinch
Fri Dec 01, 2017 1:39 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1118897

Re: U.S. stocks in freefall

I don't see why you don't play a game of Chicken. Who will blink first? I am making our Roth IRAs have less risky equities in them. I am selling DGS (small-cap emerging markets, up 60% since grap0013's market call) in the Roths and buying DGS in tax-deferred. I am selling Total US stock market in t...
by GoldenFinch
Thu Nov 30, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from BitCoin’s surge?
Replies: 37
Views: 3160

Re: What can we learn from BitCoin’s surge?

I worried it was a bubble when I saw Allan Roth buy some. I'll know it's a bubble when Taylor Larimore buys some. That's your indication to sell. But we all know Taylor Larimore would never buy bitcoin! Unfortunately, as with all market timing, there is no really sure fire indication to sell and th...
by GoldenFinch
Wed Nov 29, 2017 5:56 am
Forum: Investing - Theory, News & General
Topic: Is it 1996 yet?
Replies: 21
Views: 2537

Re: Is it 1996 yet?

It’s 2017. :happy We don’t know the future and what happened in some other decade is probably not a good predictor. There is nothing wrong with changing your asset allocation to 60/40 if you think it will help you sleep better at night.
by GoldenFinch
Wed Nov 29, 2017 5:19 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 190
Views: 18085

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

I don’t fully understand BitCoin, and for that reason, I’m out.

(Recently overdosed on Shark Tank)
by GoldenFinch
Tue Nov 28, 2017 8:02 pm
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5213

Re: How Do You Stay Current With Popular Music?

I’m stuck in the 70s on Pandora. My two older kids also listen to the same 70s music I do for some reason, even though they are only around 20 years old. My 17 year old, on the other hand, listens to something that sounds like the Disney Chipmonks and it really scares me. I will stick with my Led Ze...
by GoldenFinch
Tue Nov 28, 2017 8:28 am
Forum: Investing - Theory, News & General
Topic: CNBC says Vanguard says 70% Chance of "Correction"
Replies: 63
Views: 7876

Re: CNBC says Vanguard says 70% Chance of "Correction"

Actual quote from the source : U.S. equity seems set for lower returns and a higher risk of loss. As illustrated in Figure 4 , our five-year U.S. equity return simulations show roughly a one-in-three chance of surpassing a 5% annualized return. The probability of a 10% or worse decline in any given...
by GoldenFinch
Mon Nov 27, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: CNBC says Vanguard says 70% Chance of "Correction"
Replies: 63
Views: 7876

Re: CNBC says Vanguard says 70% Chance of "Correction"

GoldenFinch wrote:
Mon Nov 27, 2017 2:50 pm
I read the article and the Boglehead in me decided it would have to be filed under “ignore the noise.”
Or maybe we should all go straight to cash :shock:
by GoldenFinch
Mon Nov 27, 2017 2:50 pm
Forum: Investing - Theory, News & General
Topic: CNBC says Vanguard says 70% Chance of "Correction"
Replies: 63
Views: 7876

Re: CNBC says Vanguard says 70% Chance of "Correction"

I read the article and the Boglehead in me decided it would have to be filed under “ignore the noise.”
by GoldenFinch
Sun Nov 26, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 9164

Re: Analysis Paralysis: Can you get to the bottom of things?

I solved this problem by cleaning up my portfolio enough to have a low overall expense ratio (.09) and then just leaving it alone. I don’t have a perfect 3fund, but I got rid of the active funds and made sure everything was tax efficient and then I stopped. I’ve learned that the cliches “less is mor...
by GoldenFinch
Sun Nov 26, 2017 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10773

Re: Didn't buy Bitcoin at $4600

Watty wrote:
Sun Nov 26, 2017 9:02 am
I'm struck by how much this sounds like people talking about Dot.com stocks on message boards in 1999.

Many people back then also saw it was a bubble, only to have the latest hot stock double again.
Sadly it didn’t work out well in the long run for most.
by GoldenFinch
Sat Nov 25, 2017 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17617

Re: The fallacy of spending money on "experiences" vs hard assets

I think the emphasis on experiences also can be attributed to the recent anti-materialism and anti-consumerist sentiments that have been floating around since the recession. Apparently people have to be encouraged to spend because we have a consumerist culture, so if they are sick of buying objects ...
by GoldenFinch
Sat Nov 25, 2017 1:55 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16306

Re: Anyone tired of the stock market going up?

I’m not tired of the stock market going up because I remember years when it went down or was extremely volatile. I’m just glad I learned to “stay the course” somewhere along the way. I like the new market highs and I too have FELT like I should do something. I never do anything though, because as a ...
by GoldenFinch
Tue Nov 21, 2017 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Newly built home. sell or rent?
Replies: 29
Views: 1899

Re: Newly built home. sell or rent?

Carl53 wrote:
Tue Nov 21, 2017 6:54 am
GoldenFinch wrote:
Tue Nov 21, 2017 6:48 am
There won’t be capital gains taxes unless she made more than 250k (profit) on the sale as a single person, or 500k if she is married filing jointly.
OP fiance has not lived in the home two of the last five years and does not qualify for this tax treatment.
Sorry. Will delete!
by GoldenFinch
Tue Nov 21, 2017 6:52 am
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 50
Views: 10456

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

Interesting info on costs per state. Thank you for sharing. That retirement calculator is suspect, however. It must base recommended savings on a percentage of current income which makes no sense, IMO. It told me I needed to save $24M prior to retiring but never asked what my expenses in retirement...
by GoldenFinch
Tue Nov 21, 2017 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Newly built home. sell or rent?
Replies: 29
Views: 1899

Re: Newly built home. sell or rent?

deleted-see below
by GoldenFinch
Tue Nov 21, 2017 6:41 am
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 50
Views: 10456

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

The word that came to mind when I saw this article was “arbitrary.” A million could last a very long time or not long at all in many places. Generalizing by state is ridiculous. In my little city of around 30k people property taxes on houses range from 2.5k a year to 74k a year, so a million might g...
by GoldenFinch
Sun Nov 19, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 101
Views: 11380

Re: Buying and Spending Bitcoin

So can we agree that, based on news accounts and on greyfox's experience, ... I agree! And this has been one of the more interesting threads lately. Who do you know in real life that has used and understood bitcoin? I’m sure some of you have, but most people haven’t. I’ve learned a lot here. Thank ...
by GoldenFinch
Sat Nov 18, 2017 2:41 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 101
Views: 11380

Re: Buying and Spending Bitcoin

Grayfox this is an extremely impressive documentation of your investigation into using bitcoin. I imagined it was a bit complex, but wow! Thanks!
by GoldenFinch
Fri Nov 17, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: Questions for Boglehead runners
Replies: 28
Views: 1599

Re: Questions for Boglehead runners

Shoes 50 bucks. Gym membership so I can run on the track indoors is 1000 a year for the whole family. Races (one local) 25 bucks. Music is free, Led Zeppelin on Pandora, can’t run without it, probably will make me deaf. Run early in the morning at least five days a week, it’s a great way to start th...
by GoldenFinch
Thu Nov 16, 2017 4:37 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 101
Views: 11380

Re: Buying and Spending Bitcoin

Interesting! Your description draws a mental picture of a potentially complicated future. Some people will be left behind (probably me).

Things are changing quickly. My husband has Apple Pay on his Apple Watch and I watched him pay for groceries the other day by getting his arm scanned.
by GoldenFinch
Wed Nov 15, 2017 9:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1118897

Re: U.S. stocks in freefall

I think because the market has been going straight up for such a long time, variability is going to make a lot of people uncomfortable. If you look at the long term S&P chart and see that the line slopes upward, then you can give yourself permission to not to waste your time paying attention. (Yes I...
by GoldenFinch
Sun Nov 12, 2017 1:15 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 117
Views: 7870

Re: Do you meditate?

I don’t meditate, but I exercise (mostly running) six days a week early in the morning for over an hour. I do wear head phones and I do listen to Led Zeppelin radio on Pandora, but I’m thinking the whole time and always feel great afterward. I look forward to this time of day and I think it has the ...
by GoldenFinch
Sat Nov 11, 2017 10:35 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 9408

Re: Thouhgts about wearing a "uniform"/same thing everyday?

All these posts and I'm surprised no one has mentioned why this has become a thing. It's because of a phenomenon called decision fatigue (google it). The theory is you start the day with a tank of fuel to make decisions. Every decision you make uses up some fuel. By the end of the day/after having ...
by GoldenFinch
Sat Nov 11, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 9927

Re: Retirees: I got this!!

I can’t help but think that the market going straight up for many months has contributed to feelings of financial well being. At least for those who are invested and not “sitting on the sidelines” waiting for the next big drop. :happy
by GoldenFinch
Thu Nov 09, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable emergency fund for HI family?
Replies: 67
Views: 3947

Re: What is a reasonable emergency fund for HI family?

Why would an emergency fund for a family in Hawaii be any different than in the continental US? The cost of living in Hawaii is extremely high. From context I think OP meant HI = High Income My bad. I never knew why hawaii was brought up until you clarified this. Yes. I meant hi for high income. I ...
by GoldenFinch
Wed Nov 08, 2017 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable emergency fund for HI family?
Replies: 67
Views: 3947

Re: What is a reasonable emergency fund for HI family?

soupcxan wrote:
Wed Nov 08, 2017 4:59 pm
Why would an emergency fund for a family in Hawaii be any different than in the continental US?
The cost of living in Hawaii is extremely high.
by GoldenFinch
Mon Nov 06, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1118897

Re: U.S. stocks in freefall

thangngo wrote:
Mon Nov 06, 2017 4:26 pm
It's selling time when the market is on fire. :sharebeer
Not a very Bogleheadish sentiment. :wink: