Search found 97 matches

by Malinois000
Sat Dec 30, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7071

Re: The Economics of a new Puppy

I own a Belgian Malinois which is also in the herding group. Herding dogs are incredibly smart and incredibly active. They need a job. Be prepared to spend a lot of time with your new friend or he will become bored and cause quite a bit of destruction. Good luck...post a photo too!
by Malinois000
Sun Dec 24, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2456

Re: Securing Law School Scholarships

My daughter is a URM and had a 4.0 GPA in college and a similar LSAT to yours. She received numerous scholarship offers from the T-14 schools. She selected Univ of Chicago (T-4). Good luck....I like your chances as I'm fairly certain you will receive offers.
by Malinois000
Fri Dec 22, 2017 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

This is likely a healthy pullback for Bitcoin. I admit today was a bit unsettling but like I said on the original post. It's been an interesting ride so far. I'm still holding my original August 2017 investment. I think it will work out well over time....however, time will tell - won't it?
by Malinois000
Thu Dec 21, 2017 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

Iruntons wrote:
Thu Dec 21, 2017 4:45 pm
I took 5% of my portfolio in June and started investing in Crypto. It is now 20% of my portfolio after taking out my original investment. I understand and accept that most Bogleheads are very anti Crypto but I'm sure glad I jumped in.
I agree completely!
by Malinois000
Fri Dec 15, 2017 4:27 am
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 180
Views: 17061

Re: Call the top! - Bitcoin

Much higher than it is today!
by Malinois000
Thu Dec 14, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Insurance, Time to Leave
Replies: 63
Views: 6382

Re: State Farm Insurance, Time to Leave

30 plus year satisfied State Farm customer!! 3 autos, home, Life, PLUP, PAP etc.
by Malinois000
Sat Dec 09, 2017 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 3172

Re: Do you have any guilty pleasure investments?

Bitcoin and so far it has paid off nicely. The next couple of weeks should be interesting now that Wall Street is getting ready to join the party.
by Malinois000
Sun Nov 26, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Need a profit taking strategy for Bitcoin windfall
Replies: 9
Views: 1114

Re: Need a profit taking strategy for Bitcoin windfall

hodl. You got in before Wall Street and Main Street. Wall Street is coming in December...Main Street will then follow. You have a lot more upside - don't sell yet! I don't think so. Main Street has been buying in since the summer. How do I know? When you have co-workers telling me they have been bu...
by Malinois000
Sun Nov 26, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Need a profit taking strategy for Bitcoin windfall
Replies: 9
Views: 1114

Re: Need a profit taking strategy for Bitcoin windfall

hodl. You got in before Wall Street and Main Street. Wall Street is coming in December...Main Street will then follow. You have a lot more upside - don't sell yet!
by Malinois000
Sun Nov 26, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

I have not spent, nor do I plan to, as I use it as a store of value - especially the Bitcoin. The appreciation has been like no investment I've had before so I have no plans to spend. HODL (Hold on for Dear Life) is my current plan. You've got the HODL part wrong. It's not an acronym. It's just "ho...
by Malinois000
Sun Nov 26, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

If you're certain that bitcoin is a bubble or a Ponzi, you can short it. Coinbase is a mainstream, well-insured exchange that you can use to purchase a short. Then, if the value of bitcoin plummets, you'll profit significantly. Have any bogleheads shorted bitcoin? You can not short Bitcoin on Coinb...
by Malinois000
Sun Nov 26, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

If you're certain that bitcoin is a bubble or a Ponzi, you can short it. Coinbase is a mainstream, well-insured exchange that you can use to purchase a short. Then, if the value of bitcoin plummets, you'll profit significantly. Have any bogleheads shorted bitcoin? You can not short Bitcoin on Coinb...
by Malinois000
Sun Nov 26, 2017 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

Can someone explain how these cryptocurrencies such as bitcoin will be used for everyday transactions when the price is extremely volatile, transactions slow and expensive, limited acceptance, complex to use for everyday people, potential restrictive regulations etc? How will these cryptocurrencies...
by Malinois000
Sun Nov 26, 2017 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 11149

Re: Didn't buy Bitcoin at $4600

I purchased a handful in mid August at $4,200 along with Ethereuem. So far, it's a great investment. I am holding as I think it's going much higher now that hedge funds and the CME are getting involved.
by Malinois000
Sat Nov 25, 2017 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

Can someone explain how these cryptocurrencies such as bitcoin will be used for everyday transactions when the price is extremely volatile, transactions slow and expensive, limited acceptance, complex to use for everyday people, potential restrictive regulations etc? How will these cryptocurrencies...
by Malinois000
Fri Nov 24, 2017 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

I love this forum, but it's not a good place to discuss cryptocurrencies unfortunately. You would never own cryptocurrencies if you listened to the consensus here, so I don't think asking this forum for advice on it is going to bear much fruit. I am personally a big believer in crypto currencies an...
by Malinois000
Wed Nov 22, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

I do think digital currencies and especially blockchain technology is a game changing breakthrough and I refused to sit on the sidelines and not participate. As I said: time will tell, but I think those that rule it out completely may regret that position one day. But does an investment in a crypto...
by Malinois000
Wed Nov 22, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

Sell! Sell! Sell! No sir! There is a lot more money to be made! Why ask for others' input if you've already made a decision? I'm interested in others' input but not selling three months after making a decision to invest. As I referenced, I'm a long time dividend growth investor...never been much of...
by Malinois000
Wed Nov 22, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

Then why have such a small percentage of your investments in it? :wink: Good question - in hindsight I should have invested much more. The small percentage is still a decent amount. I wanted to invest an amount that if it is a bubble the disappears I wouldn't beat myself up for the next 10 years. I...
by Malinois000
Wed Nov 22, 2017 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Re: Interesting ride so far - Crypto-curriencies

livesoft wrote:
Wed Nov 22, 2017 8:48 am
Sell! Sell! Sell!
No sir! There is a lot more money to be made!
by Malinois000
Wed Nov 22, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8463

Interesting ride so far - Crypto-curriencies

I'm a staunch Dividend Growth Investor but decided in August to place 3.5% of my aftertax investment fund allocation into Crypto-currencies. My mix is 78.1% Bitcoin; 2.3% Bitcoin-Gold (hardfork) and 19.1% Ethereum. My original investment has increased 69.7% since the August 2017 entry date. Quite th...
by Malinois000
Fri Sep 15, 2017 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12648

Re: Bitcoin

I don't know if it's the future or not; however, I continue to accumulate both bitcoin and ethereuem. I've been and continue to be a buy and hold, dividend investor, yet investing a small portion in the cryptocurrencies is so interesting. Quite a ride and I have a sense it will pay handsomely in the...
by Malinois000
Sat Sep 09, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 6351

Re: Purchasing Home With Girlfriend; Good or Bad?

Bad idea. Fully commit via marriage and purchase condo together, or purchase condo in your name only.
by Malinois000
Tue Sep 05, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Bought crypto currency
Replies: 67
Views: 4542

Re: Bought crypto currency

I'm a dividend growth investor but starting purchasing Bitcoin and Ethereum in August. Planning 5% of my taxable account, currently at 3%.
by Malinois000
Wed Aug 16, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12648

Re: Bitcoin

What do you think about Bitcoin and Cryptocurrencies? Investing or gambling? Gambling, at least in the context of how its been hitting the news lately. I see the positive uses of cryptocurrencies and I do see the negatives. In terms of using them as speculation vehicles I am not opposed to it, thou...
by Malinois000
Sun Aug 13, 2017 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12648

Re: Bitcoin

Is there a more conservative way to play Bitcoins, for example, one of the major tech companies or banks?
by Malinois000
Sun Aug 13, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12648

Re: Bitcoin

I have a friend who purchased 100 shares of GBTC (ETF) at $200 several months ago. It closed at $616 on Friday. It's hard not to consider this asset class as a potential for at least a small percentage of your funds.
by Malinois000
Sun Aug 13, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12648

Bitcoin

What do you think about Bitcoin and Cryptocurrencies? Investing or gambling?
by Malinois000
Sun Aug 06, 2017 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios
Replies: 18
Views: 3049

Re: Schwab Intelligent Portfolios

I'm a Schwab Private Client and a couple of weeks ago our branch invited the head of Schwab Intelligent Portfolio's to discuss this product. He shared that the large cash allocation is to help with rebalance needs and one of the three ways they make money by loaning the cash balances as a bank. Over...
by Malinois000
Fri Jul 28, 2017 2:27 pm
Forum: Investing - Theory, News & General
Topic: Retirement plan for newborns
Replies: 15
Views: 1405

Re: Retirement plan for newborns

Basically a future value computation. If you assumed an average 7% annual increase the value would be $158,102....if you assumed a 10% return $438,960.
by Malinois000
Sat Jul 22, 2017 4:12 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: REITs Aren't Special
Replies: 106
Views: 9815

Re: Larry Swedroe: REITs Aren't Special

When it's "wet," dry it. When it's "dry," wet it.

I will maintain my 10% REIT allocation.....Thanks.
by Malinois000
Fri Jul 21, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 6457

Re: Why does State Farm have poor reviews?

I've been a State Farm insured for over 30 years (3 cars, homeowner, PLUP, multiple life policies, Personal Articles Policy). My experience has been excellent. I highly recommend State Farm.
by Malinois000
Sun Jul 09, 2017 10:21 pm
Forum: Personal Consumer Issues
Topic: Family member fleecing Alzheimers victim
Replies: 26
Views: 5245

Re: Family member fleecing Alzheimers victim

Shame, shame, shame!!!
by Malinois000
Mon Jul 03, 2017 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Those who max 401k
Replies: 55
Views: 7945

Re: Those who max 401k

$24,000 divided by 26 paychecks - $924 per check for me....
by Malinois000
Sun Jun 25, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 7673

Re: Your Favorite Vanguard Fund

VB Small Cap for me. I've owned since 2009...865 shares with a basis of $56..it's $135 today. Love VB!!
by Malinois000
Sat Jun 24, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Question - 401k Roth plus Roth IRA
Replies: 2
Views: 363

Re: Question - 401k Roth plus Roth IRA

If you make enough income to need to use the back door for Roth IRA, it is likely you could benefit from tax-deferral in the 401k, especially since you are likely to be in your highest income years. That would be the advice given on the limited information provided. There are circumstances that mig...
by Malinois000
Sat Jun 24, 2017 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Question - 401k Roth plus Roth IRA
Replies: 2
Views: 363

Question - 401k Roth plus Roth IRA

I need some help. Last month I funded a Backdoor Roth IRA for $6,500. I max my 401k at $24,000 annually. My 401K plan allows for Roth Contributions regardless of your income. I'm thinking of segmenting my bi-weekly 401K contribution to allocate a portion towards the Roth 401k. Are there any limitati...
by Malinois000
Thu Jun 22, 2017 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Need your help to pick life insurance carrier :)
Replies: 22
Views: 1851

Re: Need your help to pick life insurance carrier :)

How about State Farm? They handle all my insurance needs.
by Malinois000
Sun Jun 18, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: BMW X5 2017 - Seeking advice
Replies: 40
Views: 4132

Re: BMW X5 2017 - Seeking advice

I purchased a 2008 X5 brand new and paid cash as you are considering. We still own it today and it has 116k miles. It has been a great vehicle. Our kids were very involved in youth athletics at the time so that was our go to transportation all over the Northeast. We lived in Philly at the time. The ...
by Malinois000
Sun Jun 11, 2017 7:32 am
Forum: Investing - Help with Personal Investments
Topic: How to utilize employer's NQDC plan
Replies: 4
Views: 561

Re: How to utilize employer's NQDC plan

I have contributed to my company's NQDC plan for the past 10 years after maxing the 401k as you described. It begins a payout for the desired months following retirement. I have half saved under the 60 months and the other half 120 months of payment after retirement. I plan to retire in 3 1/2 years....
by Malinois000
Sun Jun 04, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Amex [Platinum card fee increasing to $550]
Replies: 9
Views: 2071

Amex [Platinum card fee increasing to $550]

I've been an Amex Card holder since 1986 and a Platinum member for probably the last 10 or so. I just received notification that the annual fee is increasing to $550. I travel often and appreciate the flexibility of the airline lounges and the overall service from Amex; however, the price is becomin...
by Malinois000
Tue May 23, 2017 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Using guaranteed yield in life insurance policy
Replies: 9
Views: 1230

Re: Using guaranteed yield in life insurance policy

As a couple of others mentioned, there is no hurry for you to make a decision. Ask your agent to provide an in-force policy illustration before making any decision about canceling this policy. Your parents have likely done a lot of the "heavy lifting" with this policy.
by Malinois000
Tue May 23, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Is Schwab Intelligent Portfolio OK for taxable accounts???
Replies: 33
Views: 3573

Re: Is Schwab Intelligent Portfolio OK for taxable accounts???

I help my sister and we rolled over one of her IRA's as we were looking for low fees and she is not interested in managing her investments. She rolled over the account in October 2016...It has performed fairly well so far.

Go Terps!!! My daughter attended Univ Maryland.
by Malinois000
Sat May 20, 2017 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on retirement plans
Replies: 4
Views: 735

Re: Advice on retirement plans

Backdoor ROTH IRA may be a good option for you. We are in the same situation...my wife returned to the workforce this year since the kids are gone and we just finished the backdoor Roth IRA at Vanguard and will do so from this point forward.
by Malinois000
Fri May 19, 2017 6:20 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth screw up?
Replies: 7
Views: 1058

Re: Backdoor Roth screw up?

I checked my wife's account this morning and the Backdoor Roth process is now complete (after 1 week). Given the drop in the market this week the original $6,500 contribution is was $6,469.54 at the time of conversion. Does that mean I will not need to file the form 8606 with next years' taxes?
by Malinois000
Thu May 18, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals... [real estate investments]
Replies: 82
Views: 12523

Re: Question for you high net worth individuals...

Zero. 32+ year career and the good fortune of a high salary, investing is stocks for years and living well below our means.