Search found 4499 matches

by JoMoney
Tue Jan 16, 2018 5:36 am
Forum: Investing - Theory, News & General
Topic: Anyway to compare metrics of today w stock bubble in 2000
Replies: 23
Views: 1707

Re: Anyway to compare metrics of today w stock bubble in 2000

In 1999 I remember thinking it was ridiculous that "America Online" had a larger market-cap (I believe by more than twice) than that of "General Motors".
Today, I think of General Motors as a failing company and that it makes sense that Facebook has practically taken over the world.
by JoMoney
Mon Jan 15, 2018 7:24 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 84
Views: 4220

Re: Looking for a reasonably priced, safe international destination

I'm not sure what the range is for "reasonably priced".
I'm going to suggest New Zealand as a good 'safe' international vacation for a family.
by JoMoney
Sun Jan 14, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: More Funds More Rebalancing Opportunities?
Replies: 14
Views: 701

Re: More Funds More Rebalancing Opportunities?

Aside from maintaining ones risk profile, sometimes rebalancing is a missed "Momentum Opportunity" that has tax and transaction costs.
by JoMoney
Sun Jan 14, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7528

Re: Heading for a top?

I (half-jokingly) am calling this a 'bottom' for U.S. stocks, it's only been a week since I said that over here viewtopic.php?f=10&t=182107&start=250#p3700894
But so far it's been a good call :greedy
by JoMoney
Sun Jan 14, 2018 5:35 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 9762

Re: Dave Ramsey's Millionaire Study

gmtret wrote:
Sun Jan 14, 2018 4:54 am
P. T. Barnum smiles gleefully from the grave...
Good Boglehead'ish book: The Art of Money Getting; Or, Golden Rules for Making Money by P. T. Barnum
https://www.gutenberg.org/files/8581/8581-h/8581-h.htm
by JoMoney
Wed Jan 10, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Buffett on bonds
Replies: 34
Views: 4870

Re: Buffett on bonds

Buffett is right when he tells people to keep enough in cash/bonds that they sleep well at night and are comfortable with their allocation. Neither Buffet, nor I, or anybody else can tell you how much is appropriate for you to put at risk in stocks. I am in the camp that thinks long-term prospects f...
by JoMoney
Wed Jan 10, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4236
Views: 1142345

Re: U.S. stocks in freefall

Market is worried china will stop buying treasury notes. I'm wondering if I should reconsider my 100% US stocks and add some international. Could use the same argument to buy even more US stocks. If they're not buying Treasuries, what are they going to buy? The U.S. runs huge trade deficit, they ha...
by JoMoney
Mon Jan 08, 2018 10:19 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8394

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I might be more concerned about posts with "actionable" questions regarding what one does with a million dollars.
I tell ya what I do, my balance sheet gets 2 commas at the same time.
by JoMoney
Mon Jan 08, 2018 3:26 am
Forum: Personal Finance (Not Investing)
Topic: locking credit vs. credit freeze
Replies: 7
Views: 593

Re: locking credit vs. credit freeze

A credit freeze may incur a charge up to $10 to freeze it each time you freeze it, but may be free in some locations/situations https://www.creditcards.com/credit-card-news/credit-freeze-laws-50-states.php Transunion "credit lock" looks to me like a service where they charge you $19.95/mo https://ww...
by JoMoney
Mon Jan 08, 2018 2:50 am
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17555

Re: Memo to those who have won the game: it's time to quit playing

Not having children can actually be a very serious problem in old age unless you have some other relatives that you can trust at that point - maybe nieces and nephews if you have a relationship with them. Under this situation, then one can pay 75bps (or perhaps a little more, depending on AUM) for ...
by JoMoney
Mon Jan 08, 2018 2:17 am
Forum: Investing - Theory, News & General
Topic: Does the S&P 500 Grow Faster Than the Economy?
Replies: 31
Views: 2896

Re: Does the S&P 500 Grow Faster Than the Economy?

... EPS (in red) can't grow faster than GDP (in blue) because of net share dilution ... Except 'net share dilution' is a period dependent thing, in recent years share buybacks and other factors have lead to negative 'net new equity', http://i.imgs.fyi/img/2ah5.png https://www.yardeni.com/pub/fofuse...
by JoMoney
Mon Jan 08, 2018 1:58 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8394

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I like them, but they should be in an appropriate 'community building' sub-forum.
It is an accomplishment that people should be able to share and receive a pat on the back, but it's not the sort of thing people feel comfortable sharing in other less anonymous social settings.
by JoMoney
Mon Jan 08, 2018 12:17 am
Forum: Investing - Theory, News & General
Topic: Recessions in the USA (list) - Where are we now? Actionable Steps?
Replies: 31
Views: 2458

Re: Recessions in the USA (list) - Where are we now? Actionable Steps?

Leading Economic Indicators are pointed upwards. It would be unusual for the LEI to be pointed upwards and be headed into a recession (hence why the indicators included in the index are considered LEADING indicators). https://www.conference-board.org/data/bcicountry.cfm?cid=1 “The U.S. LEI rose agai...
by JoMoney
Sun Jan 07, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17555

Re: Memo to those who have won the game: it's time to quit playing

Will everybody else please sell so I can be buying even more at each purchase... thank you.
by JoMoney
Sun Jan 07, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5938

Re: Does the 3 fund portfolio seem somewhat flawed?

Nope.

... well, ok, you can find something to criticize in just about everything, but a cap-weighted portfolio makes more sense than a multitude of other options.
by JoMoney
Sat Jan 06, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody recommend a good equity fund?
Replies: 22
Views: 1365

Re: Anybody recommend a good equity fund?

... The goal of the non-professional should not be to pick winners – neither he nor his “helpers” can do that – but should rather be to own a cross-section of businesses that in aggregate are bound to do well. A low-cost S&P 500 index fund will achieve this goal. ... ... What I advise here is essen...
by JoMoney
Sat Jan 06, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: Gambling vs Investing
Replies: 23
Views: 1850

Re: Gambling vs Investing

I think there's a distinction to be made between investing by buying a business or fractional ownership in stocks, and that of "market timing" and individual stock picking. Most people agree that investing in stocks has a positive expected return, but does picking individual stocks or market timing ...
by JoMoney
Sat Jan 06, 2018 1:28 am
Forum: Investing - Help with Personal Investments
Topic: As a German: Should I go 100% US stocks?
Replies: 50
Views: 3258

Re: As a German: Should I go 100% US stocks?

One of Warren Buffett's investment managers at Berkshire ( Ted Weschler ) in a interview offered this advice: http://www.businessinsider.com.au/interview-with-warren-buffetts-investment-manager-ted-weschler-the-recipe-for-financial-success-2016-7 BI: If I had 5000 Euros. Where should I invest? TW: I...
by JoMoney
Sat Jan 06, 2018 12:31 am
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 7707

Re: "Can I Really Retire at 40?" What to Tell Clients

I've said it before, but I like the RMD methodology (which you could use to withdraw from an IRA using SEPP/72t and avoid penalties).
Based on a Single Life Expectancy Table a 40 year old could take 1/43.6 or or 2.29% and gradually move up to something close to 4% at age 60.
by JoMoney
Fri Jan 05, 2018 11:58 pm
Forum: Investing - Theory, News & General
Topic: Gambling vs Investing
Replies: 23
Views: 1850

Re: Gambling vs Investing

I could go to Las Vegas and place a bet at baccarat table where the expected value is -0.012 So on $1,000 of wagers I can expect it to cost $12 of my bankroll. If I make a short term speculative bet of $1,000 on a stock with my discount stock broker it will cost me $7 to buy + $7 to sell + whatever ...
by JoMoney
Thu Jan 04, 2018 11:15 pm
Forum: Investing - Theory, News & General
Topic: Article claims: Housing was the world’s best investment over the last 150 years
Replies: 14
Views: 1501

Re: Article claims: Housing was the world’s best investment over the last 150 years

Something to consider: While the price of residential housing is a function of supply/demand, and in demand locations, destination cities, that always seem to be growing (and they're not making new land), I can see easily imagine in these distinct growth locations that it's been a great investment. ...
by JoMoney
Thu Jan 04, 2018 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help Me Understand Vanguard Holding Period for transferred in Money
Replies: 20
Views: 981

Re: Help Me Understand Vanguard Holding Period for transferred in Money

Good advice. It's annoying to pass through the settlement money market and wind up with $0.02cents of interest sitting in it that's not enough to make a transfer into a fund with :oops: One can transfer $0.02. Not in my 'upgraded' Vanguard brokerage account. Can't buy mutual fund, and can't transfe...
by JoMoney
Thu Jan 04, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help Me Understand Vanguard Holding Period for transferred in Money
Replies: 20
Views: 981

Re: Help Me Understand Vanguard Holding Period for transferred in Money

Don't even go to the settlement money market fund in the IRA at all: Go to the final resting place of the money. :thumbsup Good advice. It's annoying to pass through the settlement money market and wind up with $0.02cents of interest sitting in it that's not enough to make a transfer into a fund wi...
by JoMoney
Thu Jan 04, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help Me Understand Vanguard Holding Period for transferred in Money
Replies: 20
Views: 981

Re: Help Me Understand Vanguard Holding Period for transferred in Money

Yup... If you transfer funds into your brokerage account there is a holding period before you can transfer the money out of that account. You can buy funds in the account you transferred the money to, but your IRA is likely a separate/different account (even though all the accounts are in you're nam...
by JoMoney
Thu Jan 04, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 262
Views: 47284

Re: I'm Calling an Emerging Markets Bottom

Oh sure... it's easy to try and call the bottom on stocks that had been sinking...
I want to call "the bottom" on U.S. stocks at their current levels :D :greedy :wink:
by JoMoney
Thu Jan 04, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: DOW breaks 25,000 for first time ever
Replies: 55
Views: 5450

Re: DOW breaks 25,000 for first time ever

‘Fear of missing out’ will spur on investors next year http://archive.is/hvzmN ...Usually, more than a third of a bull market’s full return comes in its back third of time. Using S&P 500 data, big performance years such as 1997 (31.0 per cent), 1998 (26.7 per cent), 1989 (27.3 per cent) and 1980 (2...
by JoMoney
Thu Jan 04, 2018 6:03 am
Forum: Personal Finance (Not Investing)
Topic: ID theft and check cashing fraud
Replies: 87
Views: 4460

Re: ID theft and check cashing fraud

I had my ID stolen after a credit card was stolen in the mail. That card got shut off the first time they tried to use it, but subsequently I had several other issues from what I suspect was the the same thief (transactions all happened in the same region of the country, an area I've never been too)...
by JoMoney
Mon Jan 01, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7722

Re: What the experts say about Bitcoins?

... I don't think the naysayers of Bitcoin question the value of blockchain. People are getting stronger opinions b/c they sense a bubble and the folks already invested in Bitcoin are defending it by pointing to blockchain's value. Seems that's sidestepping the question to me... :thumbsup Blockchai...
by JoMoney
Mon Jan 01, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Recommend me a good laser printer for a chromebook!
Replies: 23
Views: 1667

Re: Recommend me a good laser printer for a chromebook!

Not an answer to your specific question, but I don't own a printer, from Chromebook I print to "Save As .PDF" and then print at work (if at all work related), or put it on a thumb drive and print it at Staples, a copy shop, or photo center (if pictures).
by JoMoney
Mon Jan 01, 2018 2:38 pm
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7722

Re: What the experts say about Bitcoins?

... Cui bono? And why is JPMorgan member of the Enterprise Ethereum Alliance (EEA)? I think it's easy to see a conflict where Bankers don't want competition when it comes to middle-men in transactions that could cut costs. I'm not sure that Bitcoin does actually cut costs at this point, but it coul...
by JoMoney
Mon Jan 01, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: Buffett wins his bet: S&P500 beats selected hedge funds over last 10 years
Replies: 45
Views: 6110

Re: Buffett wins his bet: S&P500 beats selected hedge funds over last 10 years

... The only thing I can figure as to why a hedge fund representative would have made such a bet was if they were anticipating some sort of decade of recession. Given the price levels we're at now, they should consider renewing the bet for another 10. Buffett has said he'd be willing to make the be...
by JoMoney
Sun Dec 31, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: Buffett wins his bet: S&P500 beats selected hedge funds over last 10 years
Replies: 45
Views: 6110

Re: Buffett wins his bet: S&P500 beats selected hedge funds over last 10 years

It had higher returns than Buffett's own Berkshire Hathaway stock as well.
... and according to SPIVA scorecard the index beat 85% of domestic mutual funds.
by JoMoney
Sun Dec 31, 2017 4:02 am
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7722

Re: What the experts say about Bitcoins?

https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin “It’s a fraud” and “worse than tulip bulbs.” If a JPMorgan trader began trading in bitcoin, he said, “I’d fire them in a second. For two reasons: It’s against our rules, and they’re stu...
by JoMoney
Sun Dec 31, 2017 3:26 am
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7722

Re: What the experts say about Bitcoins?

https://youtu.be/x5SmjTyMXOY Stay away from it. Well, it's a mirage basically... I mean it's a method of transferring money. It's a very effective way of transmitting money, and you can do it anonymously, and all that. A check is a way of transmitting money too. Are checks worth a whole lot of mone...
by JoMoney
Sat Dec 30, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: 4000% gain utility stock possible?
Replies: 12
Views: 1085

Re: 4000% gain utility stock possible?

... Did they make other stock picks that didn't return as well? Could they do it again? Was this something where they had good information or reason to believe it was relatively under-valued/higher-growth potential, or just luck that this was a local utility that happened to do well over this period...
by JoMoney
Sat Dec 30, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Would you include small cap and international in 401k in ER 0.30-0.78?
Replies: 17
Views: 986

Re: Would you include small cap and international in 401k in ER 0.30-0.78?

Your title says " Would you include small cap and international... " but the body says ...Wondering if I should completely ignore the small cap and international in 401k... I don't have a small-cap or international allocation, just S&P 500 index funds and cash / short-term bonds. Whether or not YOU ...
by JoMoney
Fri Dec 29, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4236
Views: 1142345

Re: U.S. stocks in freefall

Houe wrote:
Fri Dec 29, 2017 4:00 pm
Last day of trading for 2017 and stocks are accelerating downward.
I wonder if tax/RMD situations play a role in a 'January Effect' at the end of the year.
by JoMoney
Fri Dec 29, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: CleanTech/Energy Funds & ETFs
Replies: 32
Views: 1163

Re: CleanTech/Energy Funds & ETFs

If you're willing to go out on a limb picking sectors you think will outperform, why index? Why do you think this sector is not appropriately priced relative to it's growth prospects, and why do you think you can recognize this better at a sector level rather than at an individual company level?
by JoMoney
Fri Dec 29, 2017 6:30 am
Forum: Investing - Theory, News & General
Topic: S&P500 Indexing stay away? - does article make valid points?
Replies: 18
Views: 2596

Re: S&P500 Indexing stay away? - does article make valid points?

I've never heard of the author. If he was someone with a long track record of experience and success I think I would have heard of him. "Consistently buy an S&P 500 low-cost index fund. I think it's the thing that makes the most sense practically all of the time." ... "Keep buying it through thick a...
by JoMoney
Fri Dec 29, 2017 4:07 am
Forum: Personal Consumer Issues
Topic: Good VPN?
Replies: 21
Views: 1962

Re: Good VPN?

I have the free level of service through ProtonVPN (from the people who run ProtonMail). They seem to have a good reputation in the security community. I don't use it much, I'm not overly concerned about the usual 'privacy' aspects many seem to think a VPN is a solution for. My main use is I'm frequ...
by JoMoney
Thu Dec 28, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Paying taxes with credit card?
Replies: 45
Views: 4178

Re: Paying taxes with credit card?

I've done it, but my motivation was the convenience of not having to mail any paperwork in, not the minuscule benefit of trying to arbitrage the credit card bonus. For some people it might add up to a significant amount (especially if it's used to churn for a large initial sign-up bonus on a credit ...
by JoMoney
Thu Dec 28, 2017 6:02 pm
Forum: Personal Consumer Issues
Topic: Hyundai quality and reliability
Replies: 40
Views: 2917

Re: Hyundai quality and reliability

Over the past decade, I've heard nothing but good things from Hyundai owners. That was not the impression I got from people I know who owned Hyundai's for models before about 2005. I haven't owned one myself, but have had several different models as rental cars and I was impressed enough with how th...
by JoMoney
Tue Dec 26, 2017 12:02 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRAs - Can they pull a switch-a-roo?
Replies: 34
Views: 3201

Re: Roth IRAs - Can they pull a switch-a-roo?

Yes, tax rules can change. As others have indicated, it would be very politically unpopular to change the rules on retirement accounts, but it is something that shows up in the news from time to time with an article or something saying it's "being considered", but you won't see any politicians willi...
by JoMoney
Sat Dec 23, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 260
Views: 19902

Re: Do you see a meaningful change in your income with new Tax Bill?

Like the majority of tax payers, I don't itemize. My standard deduction is going up and tax bracket going down. By my estimation I'll save a couple thousand dollars.
by JoMoney
Sat Dec 23, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: The extended bull market
Replies: 53
Views: 4191

Re: The extended bull market

tennisplyr wrote:
Sat Dec 23, 2017 8:17 am
Since we're in one of the longest bull markets in US history...
?? :confused ??
Maybe we're only half way into it, and that's just to match the last two bull runs
Image
by JoMoney
Fri Dec 22, 2017 5:00 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on food per month, per person?
Replies: 151
Views: 8945

Re: How much do you spend on food per month, per person?

Roughly $400 a month just for myself. I eat out (or at work cafeteria) for most meals except breakfast. It can go up a bit if I find myself frequently going out to dinner and picking up the tab for others. It can go down as I'll occasionally go on a routine of fasting from breakfast to breakfast eve...
by JoMoney
Fri Dec 22, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4236
Views: 1142345

Re: U.S. stocks in freefall

Does anyone publish currency weighted (I think?) versions of major indices? For instance, if the S&P 500 is up 2% since January first, but the dollar compared to some basket of currencies is down 10%, would that represent a currency weighted 8% decline? If you use Morningstar you can select in whic...